The approximate change that Thomas will see on his future monthly statements as a result of the change is; $33.1975
We are told that Thomas' insurance company has increased his annual premium by $398.37.
Now, the premium above is the change in his annual premium. Thus, to find the change in his monthly premium, we just divide by 12 months to get;
Change in Monthly statements = $398.37/12
Change in Monthly statements = $33.1975
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