What Is My Neighbor Paying For His 2009 Toyota Camry?
|31, Male, Single, Denver, Colorado|
|Year/Make Model: 2009 Toyota Camry|
|Ownership Status: 3 Years or More|
|Discounts: Paid in Full, Paperless, 3 Years Safe Driving, 5 Years Accident Free, & Continuous Insurance Discount – Platinum II|
|Selected Coverages With Progressive|
|Bodily Injury Liability: $25,000 / $50,000|
|Property Damage Liability: $25,000|
|Uninsured Motorist Bodily Injury: No Coverage|
Comprehensive: No Coverage
Collision: No Coverage
|Other Rejected Coverages: Medical Payments, Comprehensive, Collision, Rental Reimbursement, & Roadside Assistance|
Total 6 Month Premium: $317.00
Monthly Installments: Paid in Full
The gentleman above received a quote for $317.00 during a 6 month period with Progressive. He had some great discounts added on such as 5 years of being accident free and 3 years of safe driving. This allows insurance carriers to view him as a lower risk to be involved in an accident, thus, the carrier lowering the auto premium. If they had been in an accident within the past 5 years then it would increase the premium cost since insurance carriers would then view him as a higher risk and more likely to be involved in an accident in the future.