A homeowners policy from the RESTEZ Insurance Company costs $3.50 per unit of coverage. Each unit consists
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A homeowners policy from the RESTEZ Insurance Company costs $3.50 per unit of coverage. Each unit consists of $1,000 for the structure of the house and $200 for contents. Each additional $100 of contents coverage costs $0.25 to insure. How much will it cost to insure a house worth $150,000 if its contents are worth $40,000?
Related Book For
Principles of Risk Management and Insurance
ISBN: 978-0132992916
12th edition
Authors: George E. Rejda, Michael McNamara
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