2016 Chevrolet Colorado Insurance Quotes – 9 Savings Tips

I can’t think of anyone who rejoices having to buy auto insurance, especially when they know the price is too high.

There are many car insurance companies to pick from, and although it’s a good thing to be able to choose, lots of choices makes it harder to find a good deal.

Consumers need to shop coverage around yearly because insurance prices are variable and change quite frequently. If you had the best quotes for Colorado insurance two years ago you may be paying too much now. Block out anything you think you know about auto insurance because we’re going to demonstrate the things you must know in order to eliminate unnecessary coverages and save money.

Finding affordable coverage is not rocket science. Just about anyone who shops for auto insurance will be able to lower their premiums. Nevertheless, vehicle owners must comprehend how the larger insurance companies market on the web and take advantage of how the system works.

Where can I get cheap auto insurance?

Shopping for lower auto insurance rates can be a daunting task if you don’t utilize the best way to get rate quotes. You can waste hours discussing policy coverages with agents in your area, or you can utilize online quotes to quickly compare rates.

Most car insurance companies are enrolled in a marketplace that enables customers to only type in their quote data once, and each company provides a quote based on that data. This prevents consumers from doing quotation requests for each company you want a rate for.

To fill out one form to compare multiple rates now click here to open in new window.

The only drawback to using this type of form is you don’t know exactly which insurance companies you want pricing from. If you prefer to choose specific insurance companies to request quotes from, we put together a list of auto insurance companies in your area. View list of insurance companies.

Which method you use is up to you, but be sure you’re using the exact same coverages for each comparison quote. If you compare different limits and deductibles on each one it will be very difficult to make a fair comparison for your Chevy Colorado. Having just a slight variation in coverages could skew the results. Just remember that comparing more quotes will enable you to find a lower rate than you’re paying now.

Take advantage of every insurance coverage discount

Properly insuring your vehicles can get expensive, but there’s a good chance there are discounts to cut the cost considerably. Certain discounts will be applied when you quote, but a few must be specially asked for in order for you to get them. If you do not double check each discount possible, you’re paying more than you need to.

• Discounts for Federal Employees – Being employed by or retired from a federal job may qualify for a discount when you quote insurance coverage for Colorado insurance but check with your company.
• Anti-theft System – Cars with anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.
• Defensive Driver – Taking a course in safe driver could earn you a small percentage discount and also improve your driving technique.
• Telematics Data – People who choose to allow companies to track vehicle usage by using a telematics device in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates as long as they are good drivers.
• Paper-free Discount – Some of the larger companies will give you a small discount shop insurance coverage over the internet.
• Mature Driver Discount – Drivers over the age of 55 could receive a small discount on rates for Colorado insurance.
• Discounts for Responsible Drivers – Insureds who avoid accidents could pay up to 40% less for Colorado insurance than drivers with accidents.
• No Accidents – Drivers who stay claim-free pay much less as compared to drivers who are more careless.
• Savings for New Vehicles – Insuring a new car may earn a small discount since newer models have better safety ratings.

It’s important to note that most discount credits are not given to all coverage premiums. Some only apply to the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, it doesn’t quite work that way.

If you would like to view insurance coverage companies who offer free insurance coverage quotes, click here.

How to know if you need help

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there really is not a best way to insure your cars. Every insured’s situation is different so your insurance should reflect that For example, these questions may help you determine if your situation may require specific advice.

• What is roadside assistance coverage?
• Which is better, split liability limits or combined limits?
• Am I getting all the discounts available?
• Am I covered if I hit my neighbor’s mailbox?
• Do I get a pro-rated refund if I cancel my policy early?
• Do all my vehicles need collision coverage?

If you don’t know the answers to these questions, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Car insurance buyers beware

Well-known car insurance companies like Allstate and Progressive regularly use ads on television and other media. They all say the same thing that drivers can save some big amount if you just switch to their company. How does each company save you money? It’s all in how they say it.

Different companies are able to cherry pick for the type of customer that will most likely be profitable. An example of a desirable insured might be a married female, insures multiple vehicles, and drives a lower-performance vehicle. A propective insured who fits that profile will get a cheap rate quote and have a good chance to save quite a bit of money when switching.

Drivers who don’t meet the ideal profile may receive more expensive rates and this results in the driver buying from a lower-cost company. If you pay close attention to the ads, they say “customers who switch” not “everyone who quotes” save that much when switching. That’s why companies can truthfully make claims that they all have the best premium rates. Different companies use different criteria so you really should get insurance coverage quotes as often as possible. It is impossible to predict which company will have the lowest rates.

Specific coverages for a Chevy Colorado

Having a good grasp of a insurance policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on most insurance policies.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as funeral costs, EMT expenses, chiropractic care and rehabilitation expenses. They can be 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 you and your occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage covers 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 then your collision coverage will kick in.

Collision can pay for things like damaging your car on a curb, hitting a parking meter, sideswiping another vehicle and rolling your car. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Comprehensive auto coverage

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as hitting a bird, falling objects, a tree branch falling on your vehicle and rock chips in glass. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Liability car insurance

Liability insurance protects you from damage that occurs to a person or their property by causing an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage protects against claims such as repair costs for stationary objects, funeral expenses, bail bonds, pain and suffering and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Be a smart shopper

We’ve covered some good ideas how you can shop for 2016 Chevy Colorado insurance online. It’s most important to understand that the more rate comparisons you have, the better likelihood of getting cheap insurance coverage. Consumers could even find that the best price on insurance is with an unexpected company. They may have significantly lower prices on certain market segments as compared to the big name companies such as Geico and State Farm.

Budget-conscious 2016 Chevy Colorado insurance can be sourced from both online companies and with local insurance agents, and you should compare price quotes from both to get a complete price analysis. Some insurance providers don’t offer the ability to get a quote online and these regional carriers prefer to sell through local independent agencies.

Helpful articles

• All About Airbag Safety (State Farm)
• Understanding Limits and Deductibles (Allstate)
• What Does No-Fault Insurance Cover? (Allstate)
• Shopping for a Safe Car (Insurance Information Insitute)