Compare 2017 Chevrolet Colorado Insurance Rates

Want better car insurance rates for your Chevrolet Colorado? Trying to come up with a payment for overpriced car insurance can overdraw your bank account and make it tough to pay other bills.

Due to the large number of different company options, it is very difficult to choose the lowest price insurer.

Consumers need to compare prices before your policy renews because insurance prices are constantly changing. If you had the best deal on Colorado coverage a few years ago other companies may now be cheaper. Block out anything you think you know about car insurance because we’re going to show you one of the best ways to save on car insurance.

The purpose of this post is to let you in on the most effective way to quote insurance and some money-saving tips. If you currently have a car insurance policy, you will be able to lower your premiums substantially using these tips. But car owners must understand the way insurance companies market insurance on the web and apply this information to your search.

Buy car insurance online

There are several ways to compare car insurance prices but there is one way that is more efficient than others. You can waste a lot of time talking about coverages with agents in your area, or you could save time and use online quotes for quick rates.

Most major companies participate in an industry program that enables customers to submit one quote, and each participating company can provide price quotes for coverage. This saves time by eliminating quote requests to every company. To compare rates now click here to open in new window.

The one downside to getting quotes like this is that you can’t choose the companies you want pricing from. So if you want to choose specific insurance companies to receive pricing from, we have a listing of the cheapest car insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just try to use exactly the same coverages and limits for every company. If your comparisons have higher or lower deductibles it will be nearly impossible to find the best deal for your Chevy Colorado. Having just a slight variation in insurance coverages or limits could throw off the whole comparison. Keep in mind that comparing more company’s prices increases the change that you will find more affordable rates. Some companies don’t provide quotes online, so you also need to get prices from those companies as well.

The largest companies are not always cheapest

Respected companies like Progressive, Allstate and GEICO endlessly run ads on television and other media. All the ads make an identical promise about savings if you switch your coverage. How does every insurance coverage company make the same claim? Here is how they do it.

All companies require specific criteria for the type of customer that earns them the highest profit. A good example of a desirable insured could possibly be over the age of 50, owns their home, and drives less than 10,000 miles a year. Any customer that hits that “sweet spot” receive the lowest rate quotes and most likely will save when switching.

Insureds who fall short of the requirements will probably have to pay higher prices and the customer buying from someone else. If you listen to the ad wording, they say “drivers who switch” not “everyone that quotes” save that much money. That’s why insurance companies can make those statements.

This emphasizes why you really should do a rate comparison at every renewal. It is impossible to predict the company that will provide you with the cheapest premium rates.

Find hidden discounts on insurance coverage

Buying insurance coverage is not cheap, but you might find some hidden discounts that many consumers don’t even know exist. A few discounts will be applied at quote time, but a few must be specifically requested before you get the savings. If you check and find you aren’t receiving every discount you qualify for, you are paying more than you should be.

  • Early Renewal Discounts – Some larger companies give discounts for switching to them early. Ten percent is about the average savings.
  • Discount for Low Mileage – Maintaining low annual mileage could be rewarded with better premium rates on cars that stay parked.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase life insurance.
  • Defensive Driver – Taking a driver safety course can save you 5% or more and easily recoup the cost of the course.
  • Payment Discounts – By paying your policy upfront as opposed to paying monthly you may have a lower total premium amount.
  • Homeowners Pay Less – Simply owning a home can save you money because of the fact that having a home demonstrates responsibility.
  • Claim-Free Discount – Drivers with accident-free driving histories are rewarded with significantly better rates on car insurance quote in comparison to drivers with a long claim history.
  • Government Employees – Federal government employees could cut as much as 10% off on Colorado coverage depending on your insurance coverage provider.

It’s important to understand that most discount credits are not given the the whole policy. Some only apply to specific coverage prices like comprehensive or collision. Even though it appears all those discounts means the company will pay you, it doesn’t quite work that way.

A list of insurance coverage companies and their offered discounts can be found below.

  • GEICO may offer discounts for air bags, defensive driver, multi-vehicle, driver training, emergency military deployment, and multi-policy.
  • SAFECO includes discounts for homeowner, anti-lock brakes, accident prevention training, teen safe driver, and multi-car.
  • State Farm offers discounts including anti-theft, Steer Clear safe driver discount, student away at school, good driver, and multiple policy.
  • MetLife may have discounts that include good student, multi-policy, accident-free, defensive driver, good driver, and claim-free.
  • 21st Century discounts include anti-lock brakes, driver training, student driver, homeowners, early bird, and automatic seat belts.
  • Progressive offers discounts for homeowner, multi-vehicle, multi-policy, online signing, online quote discount, and continuous coverage.

When quoting, ask each company the best way to save money. Discounts may not apply in your state. To see insurers that have a full spectrum of discounts, click here.

Tailor your insurance coverage to you

When choosing adequate coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. These are some specific questions may help you determine whether you may require specific advice.

  • Exactly who is provided coverage by my policy?
  • Where can I find DUI or SR-22 insurance?
  • When would I need additional glass coverage?
  • Is other people’s property covered if stolen from my vehicle?
  • Is business property covered if stolen from my car?
  • What is UM/UIM insurance?
  • What can I do if my company won’t pay a claim?
  • What is high-risk coverage and where do I buy it?
  • If my pet gets injured in an accident are they covered?
  • Do I pay less for low miles?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of insurance companies in your area.

Auto insurance 101

Having a good grasp of auto insurance can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on the average auto insurance policy.

Uninsured and underinsured coverage

This gives you protection when other motorists either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and damage to your Chevy Colorado.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Coverage for liability

Liability coverage protects you from damage that occurs to other’s property or people in an accident. It protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims like attorney fees, medical services, bail bonds and court costs. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Comprehensive coverages

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like hitting a deer, a tree branch falling on your vehicle and a broken windshield. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for things like ambulance fees, pain medications, rehabilitation expenses and hospital visits. They can be used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Collision coverage protection

This coverage covers damage to your Colorado resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as rolling your car, hitting a mailbox, driving through your garage door and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

One last thing

The cheapest 2017 Chevy Colorado insurance can be found online in addition to many insurance agents, so get free car insurance quotes from both of them to have the best rate selection. There are still a few companies who do not provide the ability to get a quote online and usually these smaller providers sell through independent insurance agents.

When you buy car insurance online, do not sacrifice coverage to reduce premiums. Too many times, an insured dropped liability limits or collision coverage only to regret at claim time that the savings was not a smart move. Your aim should be to buy enough coverage at a price you can afford while not skimping on critical coverages.

In this article, we covered many ways to reduce 2017 Chevy Colorado insurance premium rates online. The key concept to understand is the more providers you compare, the better your comparison will be. You may be surprised to find that the biggest savings come from some of the smallest insurance companies. Smaller companies may have significantly lower prices on certain market segments than their larger competitors like GEICO and State Farm.

Much more information about insurance coverage is available on the following sites: