Actually, I got a lower quote of $252 (which I jumped on) after I bundled my homeowner's insurance with the new auto policy. This is indeed for 6 months. I did get several one-time discounts for the first six months which means my renewal rate will be somewhat higher. The policy is a pretty standard 100/300/100 for liability, but with a high $1000 deductible for comprehensive/collision. I think the low quote is due to a combination of age (wife and I are both in our 60's), no accidents/tickets in past five years, no commuting for work, good credit score, and living in an area where the biggest risk is car-deer collisions.