How much is homeowners insurance on a $150 000 house

Posted By Admin @ September 03, 2022

Question:

Rowena has a $150,000 homeowner's insurance policy with a $1,000 deductible on her house. Her premium payment is $100 per month. If she makes a $5,000 claim on the policy in a given year, how much will she pay out of pocket in premiums and deductible that year?

A: $1,000
B: $1,200
C:$2,200
D:$4,000

Answer:

I would say C. $2200 because she pays $100 per month for the insurance so $100 x 12 = $1200 so that is the cost per year for the premiums. If she has a $5000 claim and has a $1000 deductible then she will have to pay the first $1000 of the $5000 so $1000 + $1200= $2200.

Similar Questions

  1. How much is homeowners insurance on a 450 000 house
  2. What is the mortgage payment on a $150 000 house
  3. What is the down payment on a $150 000 house
  4. How much is the payment on a $250 000 house
  5. How much is a payment on a 100 000 house
  6. How much is a payment on a $200 000 house
  7. How much is a mortgage on a 275 000 house
  8. How much is the mortgage on a $500 000 house
  9. How much is the mortgage on a $350 000 house
  10. How much is closing cost on a 150 000 home
  11. How much will my house be worth in 1 year
  12. How much house can i afford with 42000 a year
  13. A manufacturing process has a fixed cost of $150 000
  14. How much house can i afford on 42000 a year
  15. Does homeowners insurance give you both property and liability protection
  16. Which area is not protected by most homeowners insurance framework
  17. What would the mortgage be on a $500 000 house
  18. How much house can i afford for 900 a month
  19. What would the payment be on a $300 000 house
  20. What would the mortgage be on a $600 000 house
  21. What is the mortgage payment on a $350 000 house
  22. How much house can i get for $900 a month
  23. What is the mortgage payment on a $250 000 house
  24. How much house can i afford with 1200 a month
  25. How much house can i afford for 700 a month
  26. D is the policyowner and insured for a $50 000
  27. How much is a mortgage on a 265 000 home
  28. How much is a 30 year mortgage on $100 000
  29. How much is a $300 000 mortgage for 30 years
  30. A real estate broker sold your house for $72 000
  31. If i make 105 000 a year how much mortgage
  32. How much is a $200 000 mortgage for 30 years
  33. A real estate broker sold your house for 189 000
  34. How much is a $350 000 mortgage for 30 years
  35. 2.09 unit test radicals and complex numbers - part 1
  36. Find the value of x and the value of y.
  37. Which statement describes the acid found in vinegar acetic acid
  38. Ally typed a business letter she most likely used a
  39. What is a benefit of the rise in citizen journalism
  40. What are three strategies to consider when creating your presentation
  41. What is the role of enzymes in dna replication process
  42. What is the monthly payment on a $200 000 mortgage
  43. If a driver who is under the age of 21
  44. What can one see and do at the exical exhibition
  45. Write two subtraction equations to show how to find 15-7
  46. How many time zones does the country of russia encompass
  47. A minor violation could be given days to correct brainly
  48. What is the x shaped product of dna replication called
  49. What happens to gas particles when a gas is heated
  50. A writer includes figurative language when writing a narrative to
  51. When something appears blue it is absorbing all colors except
  52. Que te gusta hacer en tu tiempo libre in english
  53. This condition is a genetic disorder that causes nerve degeneration
  54. Which is the best example of a strong research question
  55. A single person who wishes to claim a standard deduction
  56. How did president eisenhower respond to the little rock crisis
  57. What name was given to a person who opposed slavery
  58. Which statement best explains how elasticity and incentives work together
  59. Joint stock companies helped the settlement of north america by
  60. How many red cards are in a deck of cards
  61. How can we find the volume of this fish tank
  62. Which compound forms an acidic solution when dissolved in water
  63. Where was the region known as the fertile crescent located
  64. Which of the following elements has the largest ionization energy
  65. The reserve requirement refers to which tool of monetary policy
  66. Master links shackles wire ropes must be capable of supporting
  67. A problem caused by the burning of fossil fuels is
  68. Which act taxed almost all printed material in the colonies
  69. Effective team functioning is critical in ensuring the best performance
  70. If the dollar appreciates in value relative to foreign currencies:
  71. Match each term with what it represents about the self.
  72. For a nation to prosper it must with its neighbors
  73. What do you call the steering wheel on a boat
  74. The productivity of an individual worker can be measured by
  75. What is the value of x 20 35 60 70

The journal entry to record the factory overhead applied includes

Answer:Work in Process Inventory xx Manufacturing Overhead Control xxExplanation:Based on the information given WORK IN PROCESS INVENTORY in which overhead are applied are DEBITED and …

The himalayan mountains were formed in a collision at a

Continental/Continental: The Himalayas. The Himalayan mountain range and Tibetan plateau have formed as a result of the collision between the Indian Plate and Eurasian Plate …

A good resistance training technique for developing explosive strength is

Answer: PlyometricsExplanation:

The theme best expressed by both wiesel and spiegelman is

The theme best expressed by both Wiesel and Spiegelman is the American literature of the Holocaust, a tragic misunderstanding, and the submissive obedience of the …

All of the organic molecules are based on which element

Answer: The elements which are common for all organic molecules is hydrogen and carbon.Explanation:Another name for organic molecules are hydrocarbons. This means that the molecules …

Accountants include implicit or opportunity cost in their profit calculations.

Answer:The correct answer is letter "C": ​accountants consider explicit costs only. Explanation:Explicit costs are those necessary for the operations of the company such as wages, …

Which expression has a base with an exponent of 4

The answer is the second one or 3m^4

Find all solutions of the equation in the interval .

Answer:x = π/6, π/2, 5π/6, 3π/2Step-by-step explanation:cos x = sin(2x)Use double angle formula.cos x = 2 sin x cos xMove everything to one side and …

A primary reason why nations conduct international trade is because:

Answer:C. Resources are not equally distributed among all trading nations.Explanation:Because the U.S. government can't control the natural source of minerals and material made directly on …

What was the purpose of the dawes general allotment act

Dawes Act (1887) Citation: An Act to Provide for the Allotment of Lands in Severalty to Indians on the Various Reservations (General Allotment Act or …

The cognitive theory of depression states that depression results from

Answer:The cognitive theory of depression states depression results from:D. maladaptive interpretations of life events.Explanation:According to cognitive behavior theory, maladaptive cognitions lead to distorted thoughts and …

Why is indirect compensation important to recruiting and retaining employees

Indirect compensation includes non-wage compensation to employees that are outside of their normal wages or salaries. These benefits may include health insurance, tuition funding, educational …

Involves countries negotiating with each other to settle their differences

Answer: DiplomacyDiplomacy is a method of influencing the behaviour of foreign governments through dialogue and negotiation. It usually implies bilateral relations between sovereign states. Diplomats …

Which statement best describes the variables in a controlled experiment

Answer is: A. The independent variable is changed to see its effect on the dependent variable while all other conditions are unchanged.The two main variables …

How do you redeem a winning lottery ticket walmart test

One can redeem the winning ticket by:validating the ticket on lottery terminalscan ticket on posuse lottery winning ticket redemptionWhat is a winning lottery ticket?These are …