Average Insurance Costs:
- Annual Premium: Approximately $1,088.
- Monthly Premium: Around $91.
These figures are averages and can vary based on individual circumstances.
Factors Influencing Premiums:
- Driving Record: A clean driving history can lead to lower rates, while violations or accidents may increase premiums.
- Location: Insurance costs can vary by state due to factors like traffic density, accident rates, and local regulations.
- Age and Gender: Younger drivers and males often face higher premiums due to statistical risk factors.
- Credit Score: A higher credit score can result in lower insurance rates, as it’s often viewed as an indicator of financial responsibility.
 ( 28 year old male , Single , Iowa ) |
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| Year/Make Model: 2018 Chevrolet Silverado Pickup |
| Ownership Status: 1+ year |
| Discounts: Electronic Funds Transfer and Paperless |
| Selected Coverages With Progressive |
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| Bodily Injury Liability: $20,000 each person/ $40,000 each accident |
| Property Damage Liability: $15,000 each accident |
| Uninsured Motorist Bodily Injury: Rejected Comprehensive: 1,000 deductible Collision: 1,000 deductible |
| Other Rejected Coverages: Underinsured Motorist |
3-5 Sentences describing the clients policy: One of our Iowa clients was in need of the cheapest full coverage premium he could receive. He had been shopping around for a quote but had no luck so far. As we looked around we found that Progressive came in at the cheapest with a monthly rate of $302.66. He was able to obtain this premium with discounts such as Electronic Funds Transfer and Paperless!
Total 6 Month Premium: $1,816.00
Monthly Installments: $302.66
Recommendations:
- Compare Quotes: Obtain quotes from multiple insurers to find the best rate tailored to your circumstances.
- Assess Coverage Needs: Ensure that the policy you choose provides adequate protection for your vehicle and personal situation.
- Consider Discounts: Inquire about available discounts, such as multi-policy bundling, safe driver discounts, or discounts for safety features equipped in your Silverado.
What We Do at A Plus Insurance
Homeowners, renters, and mobile home owners: make sure you have the protection you need.
