What Is My Neighbor Paying For His 2006 Buick Lucerne?
|23, Male, Single, Colorado Springs, CO|
|Year/Make Model: 2006 Buick Lucerne|
|Ownership Status: 3 Years or More|
|Discounts: Paid in Full, 5 Years Accident Free, Continuous Insurance- Platinum II|
|Selected Coverages With Progressive|
|Bodily Injury Liability: $25,000 / $50,000|
|Property Damage Liability: $25,000|
|Uninsured Motorist Bodily Injury: $25,000 / $50,000|
Comprehensive: $500 Deductible
Collision: $500 Deductible
|Other Rejected Coverages: Medical Payments, Uninsured Motorist Property Damage, Rental Reimbursement, & Roadside Assistance|
Total 6 Month Premium: $1,171.50
Monthly Installments: Paid in Full
This client paid $1,171.50 for a 6 month auto policy with Progressive Insurance. He has multiple coverages added onto his policy which overall increases his premium, along with him being male and under 25. As the client gets older, he will see a decrease in his monthly premium as well. This is due to carriers viewing a client with more driving experience, thus, making the client a lower risk to insure. The client was also able to save more money on his premium by having a few discounts and by paying in full rather than monthly payments.