 46, Female, Married, Colorado Springs, Colorado) |
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| Year/Make Model: 1991 Ford Econoline E250 |
| Ownership Status: Owned |
| Discounts: Paperless, Automatic Payment |
| Selected Coverages With Dairyland |
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| Bodily Injury Liability: $25,000 per person/$50,000 per accident |
| Property Damage Liability: $25,000 |
| Other Rejected Coverages: Uninsured/Underinsured Motorist, Medical Payments, Comprehensive, Collision, Rental Reimbursement, Roadside Assistance |
Married couple needing just liability insurance on their 1991 Econoline E250 van. Several factors keeps the cost of this policy cheap and affordable, due to neither having had any accidents, violations, or claims in the last 5 years.
Please note that this is only meant as an example and prices may vary depending on several factors.
Total 12 Month Premium: $83.27
Estimated Annual Premium (12-Month Term):
- Standard Drivers: $350–$600 per year ($30–$50 per month).
- High-Risk Drivers: $700–$1,200 per year ($60–$100 per month).
- Commercial Use: Rates vary significantly; expect $800–$1,500 annually.
Monthly Installments: $63.31
Tips to Lower Your Liability Insurance Cost:
- Bundle Policies: Combine auto insurance with renters or home insurance for a discount.
- Multi-Vehicle Policy: Insuring more than one vehicle on the same policy can reduce rates.
- Telematics Programs: Use programs like Progressive’s Snapshot to monitor and reward safe driving.
- Higher Deductibles: Opting for a higher deductible lowers premiums, though it increases out-of-pocket expenses in an accident.
Recommended Providers in Colorado:
- Progressive: Affordable rates for older vehicles and high-risk drivers.
- Geico: Competitive for liability-only coverage.
- State Farm: Great for bundling multiple policies.
- The General: Ideal for high-risk drivers or SR-22 needs.