Lower Your 2015 Chevrolet Colorado Car Insurance Quotes

Drivers have options when trying to find the lowest priced Chevy Colorado insurance. They can either waste time driving around trying to get quotes or leverage the internet to find the lowest rates.

There are both good and bad ways to compare car insurance rates and you need to know the absolute fastest way to price shop coverage for your Chevy and get the best price possible either online or from local insurance agents.

You should make it a habit to do price comparisons yearly because car insurance rates change regularly. Despite the fact that you may have had the best deal for Colorado coverage six months ago you can probably find a lower rate today. You can find a lot of misleading information regarding car insurance on the internet, but you can learn some excellent ideas to reduce your car insurance bill.

Learn how to buy insurance for less

One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that come into play when calculating the price you pay for insurance. If you understand what positively or negatively impacts your premiums, this empowers consumers to make smart changes that may reward you with lower rates. Lots of factors are part of the equation when pricing auto insurance. Some factors are common sense like an MVR report, although some other factors are less obvious like your vehicle usage or your commute time.

Shown below are some of the most rate-impacting factors that factor into your premiums.

  • Lower rates with theft deterrents – Choosing a vehicle that has a built-in theft deterrent system can get you a discount on your insurance. Theft deterrent systems like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your car from being stolen.
  • Never have insurance lapses – Driving your car without having proper coverage can get you a ticket and you may have a hard time finding new coverage because you let your insurance expire. And not only will insurance be more expensive, getting caught without coverage can result in fines and jail time.
  • Do you know your deductibles? – Comprehensive and collision coverage deductibles define the amount you are willing to pay before your insurance pays a claim. Physical damage protection, also known as collision and other-than-collision, protects your car from damage. Some examples of covered claims could be colliding with a stationary object, damage from fire, or theft of your vehicle. The higher the amount you’re willing to pay, the lower your rates will be for Colorado coverage.
  • Driving citations will cost you – Your driving citation history has a lot to do with how much you pay for insurance. Only having one speeding ticket or other violation can increase rates by as much as twenty percent. Good drivers get better prices than bad drivers. Drivers unfortunate enough to have flagrant tickets such as reckless driving or DUI are required to maintain a SR-22 with their state DMV in order to continue driving.
  • Certain jobs raise insurance rates – Occupations like military generalspolice officers and dentists have higher rates than the rest of us in part from high stress and incredibly demanding work hours. On the other hand, jobs such as scientists, historians and homemakers get better rates for Colorado coverage.

Earn discounts to get lower-cost auto insurance rates

Companies that sell car insurance don’t necessarily list every policy discount very clearly, so the following list contains a few of the more common and the harder-to-find ways to save on auto insurance.

  • Auto/Life Discount – Some auto insurance companies give a discounted auto insurance rate on car insurance if you buy life insurance.
  • Drivers Education – Have your child sucessfully take a drivers education course in school.
  • Military Discounts – Being deployed with a military unit can result in better auto insurance rates.
  • Discount for Multiple Policies – If you insure your home and vehicles and insure them both with the same insurance company you may earn nearly 15% which can help you find the cheapest car insurance.
  • ABS Braking Discount – Vehicles that have steering control and anti-lock brakes can stop better under adverse conditions so companies give up to a 10% discount.
  • Government Employees – Federal government employees could provide a small rate reduction for Colorado coverage with select insurance companies.
  • Pay Now and Pay Less – If you can afford to pay the entire bill as opposed to paying monthly you can avoid the installment charge.
  • Data Collection Discounts – Drivers that enable data collection to spy on driving patterns through the use of a telematics system such as State Farm’s In-Drive may get a rate reduction as long as they are good drivers.

You should keep in mind that most credits do not apply to your bottom line cost. Some only reduce individual premiums such as physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.

Large auto insurance companies and a partial list of their discounts are included below.

  • GEICO offers discounts including emergency military deployment, good student, multi-policy, anti-lock brakes, and driver training.
  • USAA has savings for good student, annual mileage, family discount, multi-policy, vehicle storage, and defensive driver.
  • Progressive offers discounts for continuous coverage, online quote discount, good student, multi-policy, and multi-vehicle.
  • American Family has discounts for good driver, Steer into Savings, good student, mySafetyValet, and defensive driver.
  • Esurance may offer discounts for DriveSense, defensive driver, multi-car, emergency road assistance, and online quote.
  • Farmers Insurance may include discounts for homeowner, bundle discounts, alternative fuel, multi-car, and good student.
  • State Farm may have discounts that include defensive driving training, Steer Clear safe driver discount, good driver, Drive Safe & Save, and passive restraint.

Before you buy a policy, ask all companies you are considering what discounts are available to you. Some of the earlier mentioned discounts may not apply to policyholders in your area. To view companies that offer multiple discounts, click here to view.

Tailor your insurance coverage coverage to you

When buying adequate coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different.

Here are some questions about coverages that might help in determining if you may require specific advice.

  • If I drive on a suspended license am I covered?
  • Does my 2015 Chevy Colorado qualify for pleasure use?
  • Is rental equipment covered for theft or damage?
  • Do I need motorclub coverage?
  • Is my ex-spouse still covered by my policy?
  • What is UM/UIM insurance?
  • What if I owe more than I can insure my car for?
  • How do I buy GAP insurance?
  • Am I covered if hit by an uninsured driver?
  • When should I drop full coverage on my 2015 Chevy Colorado?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and you can get the answers you need.

Coverages available on your insurance policy

Understanding the coverages of insurance can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Uninsured Motorist or Underinsured Motorist insurance

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Chevy Colorado.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently these limits are identical to your policy’s liability coverage.

Collision insurance

Collision coverage will pay to fix damage to your Colorado resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like backing into a parked car, hitting a parking meter and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for bills such as ambulance fees, EMT expenses and X-ray expenses. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability coverage

This coverage provides protection from injuries or damage you cause to a person or their property. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers things like repair bills for other people’s vehicles, court costs and structural damage. How much liability should you purchase? That is a decision to put some thought into, but buy higher limits if possible.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like fire damage, hitting a deer, hitting a bird, hail damage and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Quote often and quote early

Throughout this article, we presented quite a bit of information on how to shop for 2015 Chevy Colorado insurance online. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even discover the lowest prices come from a small mutual company.

Lower-priced 2015 Chevy Colorado insurance can be bought on the web as well as from independent agents, so you should be comparing quotes from both to have the best selection. A few companies may not have online price quotes and these smaller providers provide coverage only through independent agents.

People who switch companies do it for any number of reasons including being labeled a high risk driver, delays in responding to claim requests, questionable increases in premium or even high rates after DUI convictions. It doesn’t matter why you want to switch switching companies is not as hard as you think.

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