Compare 2006 Chevrolet Colorado Car Insurance Rates

Trying to find cheaper insurance is frustrating for people not familiar with online insurance quotes. People have so many agents and companies to choose from that it can easily be a difficult situation to find more affordable prices.

Consumers should take time to take a look at other company’s rates every six months because insurance prices change quite often. Just because you had the best price for Colorado coverage two years ago there may be better deals available now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the quickest way to properly buy coverages while reducing your premium.

Shopping for affordable car insurance coverage can be fairly easy. Just about anyone who is required by state law to have car insurance will more than likely be able to cut their insurance bill. But drivers need to have an understanding of how big insurance companies sell online.

Insurance coverage discounts help slash rates

Companies that sell car insurance don’t list every disount available very clearly, so we took the time to find a few of the more common and also the more inconspicuous ways to save on insurance coverage.

• Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and will qualify for a discount on a insurance quote.
• Buy New and Save – Buying a new car instead of a used car can save you some money since new vehicles are generally safer.
• Policy Bundle Discount – When you combine your auto and home insurance with one insurance company you may earn over 10 percent off each policy depending on the company.
• Accident Free – Insureds who avoid accidents and claims pay less when compared with bad drivers.
• Home Ownership Discount – Owning a house may trigger a policy discount on insurance coverage because owning a home demonstrates responsibility.
• Pay Now and Pay Less – If you can afford to pay the entire bill rather than paying monthly you can actually save on your bill.
• Government Employees – Employees or retirees of the government may reduce rates when you quote insurance for Colorado coverage with certain companies.
• Multi-line Discount – Some companies give a discounted insurance coverage rate on car insurance if you buy a life policy as well.
• Low Mileage Discounts – Driving less could qualify for substantially lower prices.

As is typical with insurance, most discounts do not apply the the whole policy. Most only apply to individual premiums such as comp or med pay. So even though it sounds like you would end up receiving a 100% discount, you won’t be that lucky.

To view providers with discount rates, click here.

How do insurance companies determine Chevy Colorado insurance prices?

The best way to find cheaper insurance is to take a look at some of the things that are used to determine the price you pay for insurance. When you know what positively or negatively positively or negatively impacts your premiums, this allows you to make educated decisions that can earn you lower insurance prices.

The list below includes some of the major factors that factor into your rate level.

• Save money with high credit – Credit history is likely to be a major factor in determining your rates. People that have high credit scores tend to file fewer claims than drivers with lower credit scores. If your credit could use some work, you could be paying less to insure your 2006 Chevrolet Colorado by taking the time to improve your credit score.
• Men pay more for car insurance – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Males and females have at-fault accidents in similar numbers, but the male of the species cause more damage. Men also tend to get ticketed for serious violations like reckless driving and DUI.
• Marriage discount – Having a significant other actually saves money on your insurance bill. It translates into being more responsible and it’s statistically proven that married drivers tend to have fewer serious accidents.
• Obey driving laws and save – Having just one citation can bump up the cost by as much as thirty percent. Drivers who don’t get tickets pay less for auto insurance than people who have multiple driving citations. Drivers unfortunate enough to have multiple violations like hit and run, DWI or reckless driving convictions are required to complete a SR-22 with their state’s department of motor vehicles in order to prevent a license revocation.
• Eliminate extra coverages – Insurance companies have many extra bells and whistles that sound like a good idea at the time but may not be useful. Coverages for replacement cost coverage, high-cost glass coverage, and extra equipment coverage may be costing you every month. They may sound like good ideas when buying your policy, but your needs may have changed so get rid of them and save.
• Combining policies can get discounts – The majority of insurance companies will award a discount to people that buy multiple policies, otherwise known as a multi-policy discount. Discounts can amount to 10 percent or more. If you currently are using one company, you may still want to shop around to help guarantee you have the best rates.

Which is the best insurance?

When it comes to choosing proper insurance coverage, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine whether you might need professional guidance.

• Am I covered if I hit a deer?
• Will my rates increase for filing one claim?
• Am I covered if I crash into my own garage door?
• I have good health insurance, so how much medical payments coverage do I need?
• What is the difference between comprehensive and collision coverage?
• Does my car insurance cover rental cars?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Advertising myths

State Farm, Geico and Progressive consistently run ads on television and other media. They all seem to advertise claims that drivers will save a bundle if you change your coverage to them. How can each company make almost identical claims? You have to listen carefully.

Insurance companies are able to cherry pick for the type of driver that is profitable for them. A good example of a desirable insured could be over the age of 40, has never had a claim, and drives less than 10,000 miles a year. Someone who meets those qualifications will get very good rates and will also save a lot of money.

Potential insureds who don’t measure up to these standards will get more expensive rates with the end result being the prospect going elsewhere. The ads state “people who switch” but not “everyone who gets a quote” can get the lowest rates when switching. That is how companies can truthfully make claims like that.

This really emphasizes why you should get as many free insurance quotes as possible. Because you never know the company that will give you lower prices than your current company.

Auto insurance policy specifics

Knowing the specifics of a auto insurance policy aids in choosing the right coverages for your vehicles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Auto collision coverage

This coverage will pay to fix damage to your Colorado resulting from colliding 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 pays for claims like crashing into a ditch, driving through your garage door and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Liability

Liability coverage can cover damage or injury you incur to people or other property in an accident. It protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims like loss of income, funeral expenses, bail bonds, repair bills for other people’s vehicles and medical expenses. How much coverage you buy is a personal decision, but buy as much as you can afford.

Comprehensive coverages

Comprehensive insurance covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as hitting a bird, rock chips in glass, vandalism, fire damage and hitting a deer. The maximum amount a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage

This gives you protection when the “other guys” 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.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for medical payments

Med pay and PIP coverage reimburse you for short-term medical expenses for things like dental work, surgery, nursing services, funeral costs and X-ray expenses. They can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Quote more. Save more.

We just showed you a lot of tips how to compare 2006 Chevy Colorado insurance auto insurance rates online. It’s most important to understand that the more you quote insurance, the better your comparison will be. Consumers could even find that the lowest auto insurance rates are with the least-expected company.

While you’re price shopping online, do not skimp on coverage in order to save money. There have been many cases where someone sacrificed liability limits or collision coverage and learned later that the few dollars in savings costed them thousands. The ultimate goal is to find the BEST coverage at a price you can afford while not skimping on critical coverages.

Consumers switch companies for many reasons like policy cancellation, unfair underwriting practices, delays in paying claims or extreme rates for teen drivers. Whatever your reason, finding a great new company is less work than it seems.

Other information

• Choosing a Car for Your Teen (State Farm)
• Anti-Lock Brake FAQ (iihs.org)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Red Light Cameras (State Farm)