Question: 1. Paul and Vanessa Herndon have their masonry home insured for $600,000. The home is in zone 1. Find the annual premium for the home if they have a good credit rating and select a $1,000 deductible.
2. Stewart Ungo insures his frame home for $350,000 and chooses a $1,500 deductible. The home is located in zone 1. Find the annual homeowners premium if his credit rating is good.