Save on 2009 Chevrolet Colorado Insurance Quotes

No one in their right mind gets a kick out of paying for insurance, in particular when they could find lower prices if they just compared rates.

People have many car insurance companies to insure vehicles with, and although it’s a good thing to have a selection, lots of choices makes it harder to find the best rates.

It’s smart to shop coverage around occasionally since prices go up and down regularly. Just because you had the lowest price for Colorado coverage at your last renewal there is a good chance you can find better rates now. There is a lot of wrong information about insurance on the internet, but I’m going to show you some of the best ways to find affordable insurance.

Locating more affordable insurance coverage can be fairly easy. Essentially every vehicle owner who is required by state law to have insurance coverage will most likely be able to find better rates. Nevertheless, drivers must comprehend how companies price online insurance because it can help you find the best coverage.

How to get low cost insurance

Performing a rate comparison can be challenging if you don’t utilize the best way to get rate quotes. You can spend your afternoon discussing policy coverages with insurance companies in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Many companies participate in an industry program where insurance shoppers complete one form, and each company returns a competitive quote based on that data. This eliminates the need for quotation requests for each company you want a rate for. To fill out one form to compare multiple rates now click here to start a free quote.

One minor caviat to pricing coverage this way is you don’t know exactly which insurance companies to get pricing from. If you would rather choose individual companies to compare prices, we have a page of companies who write insurance in your area. Click to view list.

Take whichever approach you prefer, but be sure to compare equivalent quote data on every quote. If the quotes have different deductibles you will not be able to determine the best price for your Chevy Colorado. Quoting even small variations in coverage limits can make a big difference in price. Just remember that comparing a large number of companies helps you find the best price.

Do you qualify for discount auto insurance?

Auto insurance is expensive, but there may be some discounts to help bring down the price. Some of these disounts will be visible when you purchase, but a few must be asked for before you get the savings. If you aren’t receiving every discount possible, you are not getting the best rate possible.

  • No Charge for an Accident – but a few companies such as Allstate and GEICO permit an accident before they charge you more for coverage so long as you haven’t had any claims before the accident.
  • Discounts for Safe Drivers – Safe drivers can save up to 40% or more on their insurance quote for Colorado coverage as compared to drivers with claims.
  • No Claims – Insureds who avoid accidents and claims can earn big discounts when compared with insureds who have frequent claims or accidents.
  • Discount for Life Insurance – Some insurance companies give a discounted premium rate on car insurance if you buy a life policy as well.
  • Bundled Policy Discount – If you have multiple policies with one insurance company you could get a discount of as much as 10 to 15 percent.
  • Full Payment Discount – If you pay your bill all at once instead of monthly or quarterly installments you can actually save on your bill.
  • Renewal Discounts – Select auto insurance companies give a discount for switching to them prior to your current policy expiring. It’s a savings of about 10%.
  • Theft Prevention System – Cars optioned with advanced anti-theft systems are stolen with less frequency and can earn a small discount on your policy.
  • Multi-car Discount – Insuring primary and secondary vehicles on a single policy qualifies for this discount.

As a sidenote, some credits don’t apply to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. Despite the appearance that you could get a free auto insurance policy, it just doesn’t work that way. But all discounts should help reduce the cost of coverage.

Auto insurance companies who might offer many of the previously listed discounts may include but are not limited to:

If you need the cheapest insurance quotes, ask every prospective company what discounts are available to you. All car insurance discounts may not be offered in every state. To locate auto insurance companies that offer multiple discounts, click here to view.

What insurance coverages do I need?

When choosing coverage, there is no “perfect” insurance plan. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that might help in determining if you would benefit from an agent’s advice.

  • Should I buy only the required minimum liability coverage?
  • Is business property covered if stolen from my car?
  • Can I rent a car in Mexico?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need an umbrella policy?
  • Who is covered by my policy?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Informed consumers know how to buy car insurance for less

When buying car insurance it’s important to understand a few of the rating criteria that come into play when calculating your premiums. If you know what determines premiums, this empowers consumers to make smart changes that can earn you big savings. Lots of factors are taken into consideration when quoting car insurance. Some of the criteria are obvious like an MVR report, although some other factors are not quite as obvious like where you live and annual miles driven.

The list below includes most of the major factors used by companies to determine your premiums.

  • Marriage reduces risk – Walking down the aisle can actually save you money on your car insurance policy. Having a spouse means you’re more financially stable and statistics show married drivers tend to have fewer serious accidents.
  • Where you live is a factor – Choosing to live in small towns and rural areas is a good thing when talking about car insurance. Fewer drivers and short commutes translates into fewer accident claims and also fewer theft and vandalism claims. Residents of big cities regularly have more road rage incidents and higher rates of accident claims. More time behind the wheel means higher likelihood of an accident.
  • Lower rates for safer vehicles – Safe vehicles tend to have lower insurance rates. Highly rated vehicles reduce the chance of injuries and lower injury rates means your insurance company pays less and more competitive rates for policyholders. If your Chevy is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Tickets and citations cost more than a fine – Your driving citation history has a big impact on rates. Drivers who don’t get tickets tend to pay less for car insurance compared to drivers with tickets. Just one speeding ticket or other violation may increase your cost by as much as thirty percent. Drivers who have gotten serious violations such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to submit a SR-22 or proof of financial responsibility with their state in order to legally drive a vehicle.
  • Additional coverages that may be costing you – There are a ton of additional extra coverages that can waste your money if you aren’t diligent. Coverage for things like vanishing deductibles, accident forgiveness, and motor club memberships may be costing you every month. These may sound like a good investment when deciding what coverages you need, but if you’ve never needed them in the past get rid of them and save.
  • High premiums for younger drivers – Mature drivers are viewed as being more responsible, tend to file fewer claims and tend to be get fewer driving tickets.Teenage drivers are proven to be inattentive and easily distracted when driving and because of this, their car insurance rates are much higher.
  • Your liability insurance limits – The liability coverage on your policy will provide protection in the event that you are ruled to be at fault for causing personal injury or damage in an accident. Your liability coverage provides for a legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to physical damage coverage, so buy as much as you can afford.

Auto insurance ads bend the truth

Big name companies like State Farm, GEICO and Progressive constantly bombard you with ads on television and other media. They all seem to seem to make the promise that drivers can save some big amount just by moving your policy. How can each company say the same thing? It’s all in the words they use.

All the different companies are able to cherry pick for the driver they prefer to insure. For example, a desirable risk should be between the ages of 40 and 55, owns a home, and drives a vehicle with a low ISO rating. Any new insured who fits those characteristics is entitled to the best price and will probably cut their rates substantially.

People who don’t qualify for those standards may be forced to pay a higher rate which translates to business going elsewhere. The wording the ads use say “customers who switch” but not “all drivers who get quotes” can save as much as they claim. That’s the way companies can truthfully make the claims of big savings.

This really drives home the point why drivers must compare price quotes frequently. It’s just not possible to know which company will provide you with the cheapest premium rates.

The coverage is in the details

Knowing the specifics of your insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types offered by insurance companies.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses such as chiropractic care, EMT expenses and pain medications. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. It covers you and your occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Collision coverage – This covers damage to your Colorado from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like crashing into a ditch, rolling your car, sideswiping another vehicle and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Coverage for liability – This protects you from damage that occurs to people or other property by causing an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims such as structural damage, loss of income, court costs, pain and suffering and bail bonds. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants as well as damage to your Chevy Colorado.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive insurance – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as hitting a deer, hitting a bird, fire damage, falling objects and a tree branch falling on your vehicle. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Money doesn’t grow on trees

Affordable 2009 Chevy Colorado insurance can be purchased both online in addition to many insurance agents, and you need to price shop both in order to have the best chance of saving money. Some insurance companies may not offer online quoting and these small insurance companies prefer to sell through local independent agencies.

We just covered many tips how you can lower your 2009 Chevy Colorado insurance auto insurance rates. It’s most important to understand that the more times you quote, the better your comparison will be. You may be surprised to find that the most savings is with a smaller regional carrier. Smaller companies can often provide lower premium rates in certain areas than the large multi-state companies such as GEICO and State Farm.

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