Short Answer
Susie aims to keep her insurance premium increase under $5 per month by selecting policies with specific coverage limits: $100,000 for bodily injury per person, $300,000 for total bodily injury per accident, and $50,000 for property damage. She should carefully evaluate different plans and confirm that her chosen limits fit within her budget before finalizing her insurance plan.
Step 1: Understand Premium Cost Limits
Susie wants to keep her insurance premium increase to a maximum of $5 per month. It is essential to evaluate the options available to choose the best plan while adhering to this budget. To do this, she’ll need to review different policy plans and their associated costs carefully before making a decision.
Step 2: Select Appropriate Coverage Levels
The best coverage limits that Susie can opt for are $100,000 for bodily injury per person, $300,000 for total bodily injury per accident, and $50,000 for property damage. Choosing these limits means the new insurance will cover the following:
- Up to $300,000 to injured victims in car accidents she causes.
- $100 per person for bodily injury.
- $50,000 for property damage.
Step 3: Finalize the Insurance Plan
To ensure Susie’s premium increase remains at or below $5, she should finalize her choice of the insurance plan with the above coverage levels. It’s crucial to confirm with her insurance provider that these limits align with her budget expectations. Carefully reviewing her options will help her secure the insurance plan that provides adequate coverage without significant cost increases.