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Time (Years)Cost 0 Years$150.00 5 Years$135.00 10 Years$120.00 15 Years$105.00 5% discount on your motorcycle policy if you also insure your car with.

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Presentation on theme: "Time (Years)Cost 0 Years$150.00 5 Years$135.00 10 Years$120.00 15 Years$105.00 5% discount on your motorcycle policy if you also insure your car with."— Presentation transcript:

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2 Time (Years)Cost 0 Years$150.00 5 Years$135.00 10 Years$120.00 15 Years$105.00 5% discount on your motorcycle policy if you also insure your car with GEICO. 10% discount when you renew your motorcycle insurance (every 5 Years) with GEICO® Motorcycle 20% discount if you are a current Motorcycle Safety Foundation instructor. Point – to –Point  $15.00 Average Rate Of Change : 150.00 – 105.00 = $45.00 15 – 0 = 15 45 /15 = 3/1 <- Unit Rate

3 Month (Input) Payments (Output) 0$150 1$300 2$165.45 3$180.90 4$196.35 9-Pay – Pay your premium in 9 installments  Available if the total premium is over $150.  17.6% of the total premium is due on the effective date of the policy.  Eight additional payments of 10.3% each are due in months 2 through 9 after the effective date. The payments depend on the month. Independent: Months Dependent: Payments Domain: {0,1,2,3,4} Range: {150;165.45;180.90;196.35;300}

4  6-Pay – Pay your premium in 6 installments 6-Pay – Pay your premium in 6 installments  Available if the total premium is over $100.  25% of the total premium is due on the effective date of the policy.  Five additional payments of 15% each are due at 2, 4, 6, 8, and 10 months after the effective date. MonthsPayment 0$125 1$225 2$115 3$100 4$115 Percent Change: < 55% < 51% < 86% Rate: A ratio used to compare two measurements

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6  = 100/1 = 110/1 = 15/1

7  http://www.geico.com/


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