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QUICK! what is the cost of fire insurance for a 40 by 40 sq foot building? First correct answer get 10 points?


QUICK! what is the cost of fire insurance for a 40 by 40 sq foot building? First correct answer get 10 points?

$5.

Seriously, that's not enough rating information. What's the construction? Protection class? Any protection systems? Occupancy? Location? Year built? Update information? Loss history?

That's what you need.

I'm not sure, because ft^2 X ft^2 produces a 4-dimensional structure or tesseract; and I don't think they have liability tables for those.

In any event, fire insurance rates vary tremendously based on the type of structure, use, contents, safety equipment, user's liability history, etc. etc. etc..... There is no single 'correct' answer.

Sorta reminds me of a cartoon I saw once......."Quick! I need as much insurance as I can get on this old house before Friday night!"

Mb is right on about the additional info needed!

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