How do auto insurance rates in your state compare with rates in other states?
Assignment Instructions:
Rates are based partly on the rates of accidents, injuries, and deaths in your state. Look at your state statistics concerning highway fatalities from the National Highway Traffic Safety Administration at http://www-nrd.nhtsa.dot.gov/departments/nrd30/ncsa/STSI/USA%20WEB%20REPORT.HTM.
- How do auto insurance rates in your state compare with rates in other states?
- What minimum auto insurance must you carry by law in your state? You will find state-by-state minimum car insurance data at http://personalinsure.about.com/cs/vehicleratings/a/blautominimum.htm.
- What optional insurance do you carry over the minimum, and why?
- What do you pay for car insurance, and how can you reduce your premium?
Write a 1-2 page paper. Use the template provided. Follow APA format, including a title page, introduction, conclusion, citations, and FIVE scholarly references (not Wikipedia or Investopedia). Turnitin report of no more than 20% similarity index is required
I have two vehicles on this policy, car and truck. For both, I pay $628 per 6 months of coverage. I pay in full for all 6 months instead of paying monthly. This saves me a couple hundred dollars by paying this way. I live in Missouri.
Bodily Injury & Property Damage Liability:
$50,000 each person
$100,000 each accident
$50,000 each accident
Uninsured Motorist:
$50,000 each person
$100,000 each accident
Underinsured Motorist:
$50,000 each person
$100,000 each accident
Medical Payments:
No
Comprehensive:
$500 deductible
Collision:
$500 deductible
Rental Reimbursement:
No
Roadside Assistance:
Yes
Loan/Lease Payoff:
Yes