Albert, who lives 3 miles from the nearest fire station, takes out an $16,000 renters policy on his personal property. His policy pays 10% of the policy amount for personal property not on the premises and 20% for living expenses. What is Albert's annual premium? less than 3 miles is 66 dollars?

Answer rating: 100% (QA)

To calculate Alberts annual premium we first need to determine ... View the full answer