Question

219,000. The owner chooses a 1,500 deductible and has good credit. Click the icon to see a hypothetical table of Estimated Annual Homeowners Insurance Premium Rates per 100 of Face Value.

Answer 1

The question is about homeowners insurance premium rates based on a given deductible and credit score.

Step-by-step explanation:

In this question, the subject being discussed is insurance premiums. Specifically, the question is asking about the estimated annual homeowners insurance premium rates per 100 of face value. The owner has chosen a $1,500 deductible and has good credit. To determine the premium rates, we would need to refer to the hypothetical table provided.

We need to look for the annual homeowners insurance premium rate per 100 of face value that corresponds to a $1,500 deductible and good credit. Once we find this rate in the table, we can calculate the premium by multiplying the face value by the premium rate.

For example, if the premium rate per 100 of face value is $5 and the face value is $200,000, the premium would be $5 * (200,000 / 100) = $10,000.