What Is My Neighbor Paying for Their 2016 Chevy Colorado?
|30, Female, Single, Spartanburg, South Carolina)|
|Year/Make Model: 2016 Chevy Colorado|
|Ownership Status: Financed|
|Discounts: Paperless, Automatic card payments|
|Selected Coverages With National General|
|Bodily Injury Liability: $25,000 per person/$50,000 per accident|
|Property Damage Liability: $25,000|
Uninsured Motorist Bodily Injury: $25,000 per person/$50,000 per accident
Uninsured Motorist Property Damage: $25,000
|Other Rejected Coverages: Underinsured Motorist, Medical Payments, Comprehensive, Collision, Roadside Assistance, Rental Reimbursement|
Obtained liability only on a 2016 Chevy Colorado.
Liability-only insurance covers you for damages you may cause to someone else’s property or bodily injury. While liability-only insurance policies typically have lower premiums than comprehensive coverage, they also carry some risks.
Here are some of the risks of having liability-only insurance:
- Limited coverage: Liability-only insurance provides coverage only for damages you may cause to others, and not for any damage to your own vehicle. So, if you’re in an accident and your car is damaged, you’ll need to pay for the repairs yourself.
- No protection for theft or damage: Liability-only insurance won’t provide any protection for theft or damage to your car caused by natural disasters, such as hail or floods.
- No coverage for medical expenses: Liability-only insurance won’t cover medical expenses for you or your passengers if you’re injured in an accident.
Please note that this is only meant as an example and prices may vary depending on several factors.
Total 6 Month Premium: $1,598
Monthly Installments: $254.68