Average Insurance Costs:
- Monthly Premium: Approximately $27 for minimum liability coverage.
Please note that these figures are averages and can vary based on individual circumstances.
Factors Influencing Premiums:
- Vehicle Age and Model: Older vehicles like the 2008 Acadia often have lower premiums due to decreased market value.
- Driving Record: A clean driving history typically results in lower premiums, while violations or accidents can increase costs.
- Location: Insurance costs can vary based on regional factors such as traffic density, accident rates, and local regulations.
- Coverage Limits: Opting for higher liability limits will increase premiums but provide greater financial protection in the event of an accident.
| Single Man, mid 30’s in Colorado |
|---|
| Year/Make Model: 2008 GMC ACADIA |
| Ownership Status: Own |
| Discounts: Paperless, Continuous Insurance, EFT |
| Selected Coverages With Progressive |
|---|
| Bodily Injury Liability: $25,000 per person, $50,000 per accident |
| Property Damage Liability: $25,000 |
| Uninsured Motorist Bodily Injury: N/A Comprehensive: N/A Collision: N/A |
| Other Rejected Coverages: Personal Injury Protection, Underinsured Motorist, Medical Payments |
Single man in hir mid 30’s wanting to insure his GMC. He wanted just basic liability since hir vehicle was older and already paid off. He excluded his roommate from off the policy since they have their own insurance. We were able to provide this coverage through progressive with a couple discounts.
Total 6 Month Premium: $810.50
Monthly Installments: $151.21
Recommendations:
- Compare Quotes: Obtain quotes from multiple insurers to find the best rate tailored to your specific circumstances.
- Assess Coverage Needs: While liability-only coverage meets minimum legal requirements, consider whether additional coverage options are necessary based on your personal situation and the value of your vehicle.
- Consider Discounts: Inquire about available discounts, such as those for safe driving records, bundling multiple vehicles, or installing safety features.
What We Do at A Plus Insurance
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