What exact cost will be incurred for the auto insurance?


Nobody wants to pay more than is required for insurance. So there is a formula that is applied in this case. For the real price of the car there is a corresponding deductible that must be paid to insure it. This is calculated and sorted out accordingly. For instance, if it costs $100 there is a deductible that may range from $100 to $500 in a Comprehensive Premium Plus.