Save on 2011 Chevrolet Colorado Car Insurance Quotes

Searching for the cheapest insurance for a Chevy Colorado can normally be a lot of work, but you can learn these tips to save time.

There are both good and bad ways to shop for insurance so we’re going to tell you the absolute fastest way to price shop coverage for a Chevy and get the lowest price either online or from local insurance agents.

If you are insured now or need new coverage, you can follow these tips to find better prices while maximizing coverage. Finding the cheapest auto insurance coverage is not that difficult. Consumers just need to learn how to buy auto insurance over the internet.

Educated choices result in lower insurance costs

Lots of factors are part of the calculation when pricing auto insurance. A few of the factors are predictable such as your driving record, although some other factors are more obscure like where you live or your financial responsibility.

  • Liability coverage safeguards assets – The liability coverage on your policy kicks in when you are determined to be liable for an accident. Your policy’s liability insurance provides you with a defense in court to attempt to prove you were not liable. Liability insurance is pretty cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • Drive less and save – The higher the miles on your Chevy each year the higher your rate. Many insurance companies charge to insure your cars determined by how the vehicle is used. Cars and trucks that have low annual miles qualify for better rates than vehicles that are driven to work every day. Improper usage on your Colorado may be costing you. Double check that your auto insurance declarations sheet properly reflects the correct usage, because improper ratings can cost you money.
  • Higher premiums for coverage lapses – Having a lapse in insurance coverage can be a sure-fire way to increase your rates. Not only will rates go up, the inability to provide proof of insurance could result in a revoked license or a big fine. You will then be forced to file a SR-22 with your state department of motor vehicles.
  • High premiums for teenage drivers – Beginning drivers have been known to be careless and easily distracted when at the wheel of a vehicle so auto insurance rates are higher. If you’ve ever had to add a inexperienced driver to your auto insurance policy can really hurt. Older insureds are proven to be safer behind the wheel, cost insurance companies less in claims , and usually have better credit.
  • Only buy coverage you need – There are a lot of additional coverages that you can get tricked into buying on your auto insurance policy. Coverages for roadside assistance, accident forgiveness, and membership fees are examples of these. They may seem good when buying your policy, but your money might be better spent on other coverage so remove them and pocket the money.
  • More traffic equals higher prices – Being located in a rural area has it’s advantages when buying auto insurance. People who live in big cities regularly have more aggressive driving styles and much longer commute distances. Fewer people means fewer accidents and lower theft and vandalism rates.
  • Prevent theft and save – Choosing to buy a car that has an advanced theft prevention system can help lower your premiums. Advanced theft deterrents such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart car theft.
  • High policy claims frequency drives up auto insurance rates – Insurance companies generally give the best rates to people that do not abuse their auto insurance. If you tend to file frequent claims, you can pretty much guarantee increased rates or even have your policy non-renewed. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.

Insurance rates and discounts

Companies do not list the entire discount list very well, so here is a list a few of the more common as well as the least known discounts that you can inquire about if you buy insurance coverage online.

  • Online Discount – A few larger online companies will give you a small discount just for signing your application over the internet.
  • Payment Discounts – If you pay your bill all at once as opposed to paying monthly you could save 5% or more.
  • Theft Prevention System – Cars, trucks, and SUVs optioned with advanced anti-theft systems can help prevent theft so companies will give you a small discount.
  • Low Miles Discount – Maintaining low annual mileage could qualify for lower prices due to less chance of an accident.
  • Drive Safe and Save – Insureds who avoid accidents can pay as much as 50% less on Colorado insurance than drivers with accidents.
  • Driver’s Ed – It’s a good idea to have your young drivers take driver’s ed class as it will make them better drivers and lower rates.
  • Safety Course Discount – Passing a defensive driving course could save 5% or more depending on where you live.
  • College Student Discount – Children who live away from home to go to college and leave their car at home can receive lower rates.
  • Discounts for Government Workers – Active or retired federal employment may qualify for a discount when you quote insurance coverage on Colorado insurance with certain companies.
  • Auto/Home Discount – When you combine your homeowners and auto insurance and insure them with the same company you could earn a discount of over 10 percent off each policy depending on the company.

Discounts reduce rates, but you should keep in mind that some credits don’t apply the the whole policy. Most cut individual premiums such as liability and collision coverage. Despite the appearance that you would end up receiving a 100% discount, it just doesn’t work that way.

The best insurance companies and the discounts they provide include:

  • GEICO may have discounts that include seat belt use, membership and employees, air bags, defensive driver, driver training, and federal employee.
  • SAFECO discounts include anti-lock brakes, homeowner, teen safety rewards, anti-theft, accident prevention training, and multi-car.
  • State Farm has discounts for driver’s education, student away at school, Steer Clear safe driver discount, good driver, anti-theft, multiple autos, and safe vehicle.
  • MetLife may offer discounts for accident-free, good student, claim-free, defensive driver, and good driver.
  • 21st Century has savings for early bird, air bags, anti-lock brakes, 55 and older, teen driver, defensive driver, and theft prevention.
  • Progressive offers discounts for continuous coverage, online signing, good student, homeowner, multi-vehicle, and multi-policy.

Double check with every prospective company to apply every possible discount. Some discounts listed above might not be available to policyholders in your state.

Auto insurance ads bend the truth

Drivers can’t avoid all the ads that promise big savings for switching from the likes of State Farm, GEICO and Progressive. All the companies try to convey promises about saving some big amount if you move your policy.

How is it possible that every company can make the same claim? It’s all in how they say it.

Many companies quote their cheapest rates for the type of driver that will not have excessive claims. For example, a desirable risk may be a mature driver, has a clean driving record, and drives less than 10,000 miles a year. Any person who matches that profile receives the best rates as well as save if they switch.

Consumers who are not a match for the requirements will probably be forced to pay a higher premium and this results in business going elsewhere. If you listen to the ad wording, they say “customers that switch” but not “all drivers who get quotes” will save that much if they switch. That’s the way companies can truthfully claim big savings.

That is why drivers must compare price quotes frequently. It is impossible to predict with any certainty which company will have the lowest rates for your situation.

Situations that may require an agent’s advice

When it comes to choosing adequate coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is a little different.

These are some specific questions could help you determine whether or not you may require specific advice.

  • How do I buy GAP insurance?
  • Does my 2011 Chevy Colorado qualify for pleasure use?
  • Do I need PIP coverage since I have good health insurance?
  • Can my teen drive my company car?
  • Does my liability insurance cover pulling a trailer or camper?
  • Why am I required to buy high-risk coverage?

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and you can get the answers you need.

Specific coverages for a 2011 Chevy Colorado

Learning about specific coverages of your policy helps when choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Coverage for collisions

This will pay to fix damage to your Colorado resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like sideswiping another vehicle, hitting a parking meter, colliding with a tree and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants and damage to your 2011 Chevy Colorado.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability coverage

This coverage will cover damages or injuries you inflict on other people or property. It protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which limits claims to one amount without having the split limit caps.

Liability can pay for claims such as loss of income, court costs, bail bonds, attorney fees and structural damage. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for immediate expenses such as surgery, funeral costs, nursing services and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from a tornado or hurricane, falling objects, theft and hail damage. The most your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

A penny saved is a penny earned

As you quote insurance coverage, it’s a bad idea to skimp on coverage in order to save money. There are a lot of situations where someone sacrificed collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your objective should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

You just read many tips how you can shop for 2011 Chevy Colorado insurance online. It’s most important to understand that the more times you quote, the higher your chance of finding cheap insurance coverage. You may even discover the lowest priced insurance coverage comes from a small mutual company.

The cheapest 2011 Chevy Colorado insurance is possible online as well as from insurance agents, and you need to comparison shop both to get a complete price analysis. Some companies do not provide online quoting and these small, regional companies only sell coverage through local independent agencies.

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