What Is My Neighbor Paying For Their: 2014 ACURA MDX
67, Male, SIMPSONVILLE, South Carolina 29680
|Year/Make Model: 2014 ACURA MDX|
|Ownership Status: Owned|
|Discount: Continuous Insurance Discount – Gold | Paperless | Smart Technology|
|Selected Coverages With Carrier: Progressive|
|Bodily Injury Liability: $25,000 each person,$50,000 each accident|
|Property Damage Liability: $25,000 each person|
Uninsured Motorist: $25,000 each person,$50,000 each accident,$25,000 each accident with $200 deductible
|Comprehensive: $1,000 deductible with $0 Glass deductible|
Collision: $1,000 deductible with $0 Glass deductible
Medical Payments: No Coverage
Rental Reimbursement: No Coverage
Roadside Assistance: No Coverage
Why should you pay your insurance on time
There are several important reasons why it’s crucial to pay your insurance premiums on time:
- Coverage Continuity: Paying your insurance premiums on time ensures that your insurance policy remains active and provides you with the coverage you need. If you fail to make timely payments, your policy may lapse or be canceled, leaving you without insurance coverage when you need it the most. This can expose you to financial risks and potentially result in significant financial losses.
- Legal Compliance: In many jurisdictions, maintaining the insurance coverage is a legal requirement. For example, auto insurance is mandatory in most states, and failing to pay your premiums on time can result in fines, penalties, or even the suspension of your driver’s license. Similarly, if you have a mortgage, your lender may require you to maintain homeowners insurance as a condition of your loan. Failure to comply with these legal requirements can have serious consequences.
- Protection of Assets and Investments: Insurance is designed to protect your assets and investments, such as your home, car, business, or health. By paying your premiums on time, you are ensuring that your valuable assets are protected against unforeseen events like accidents, natural disasters, theft, or liability claims. Without proper insurance coverage, you may be personally liable for damages or losses, which can be financially devastating.
Total 6 Month Premium:
Monthly Installments: $196.33