what does my neighbor pay for his 2019 Honda HR-V?
 28, Male, Single, Denver, Colorado |
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| Year/Make Model: 2019 Honda HR-V |
| Ownership Status: 3 Years or More |
| Discounts: Paperless, Electronic Funds Transfer (EFT), 3 Years Safe Driving, Continuous Insurance- Platinum I |
| Selected Coverages With Progressive |
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| Bodily Injury Liability: $25,000 / $50,000 |
| Property Damage Liability: $25,000 |
| Uninsured Motorist Bodily Injury: No Coverage Comprehensive: $1,000 Deductible Collision: $1,000 Deductible |
| Other Rejected Coverages: Medical Payments, Uninsured Motorist, Rental Reimbursement, & Roadside Assistance |
Total 6 Month Premium: $990.50
Monthly Installments: $166.00
This client chose a full coverage policy with Progressive Insurance. Full coverage includes Comprehensive and Collision coverage. Since the client opted for a higher deductible, their monthly billing plan will be lower. This is due to insurance carriers viewing the client as taking on more of a financial responsibility, so in turn, they lower the monthly cost.