what does my neighbor pay for his 2019 Honda HR-V?
|28, Male, Single, Denver, Colorado|
|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|
|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.