Here are five affordable car coverage plans that can cover a range of car insurance policies.
The new premium rates are based on the average cost of an insurance policy on the new Aon Blue Cross Blue Shield of America, the American Insurance Association said on Friday.
The premium is set to rise from $2,100 to $3,000.
The Aon website said its new insurance plans include:• Preferred Car, which is cheaper than its competitors, but also has a much lower deductible• Preferred Insurance, which offers a premium of about $2 per month for the first year, and a lower deductible than its other insurers• Preferred Motorcycle, which has a premium that is cheaper but also includes a higher deductible than other insurersThe new rates apply to new policies purchased on or after March 1, 2018.
For those who are currently covered, Aon said it has a special offer to help cover the cost of a policy purchased through its new AON Blue Cross Preferred Insurance program.
Under the offer, consumers can purchase the premium policy on Aon, which will pay $4,000 less a year than it would pay on a traditional insurance policy.
Aon will pay out the difference in premium payments if the policy holder is a member of its Preferred Motorcycles and Preferred Insurers benefits programs.
For more coverage, see: