2018 Chevrolet Colorado Insurance Rates – 8 Tricks for Best Quotes

Wish you could get out of an expensive car insurance policy? Trust us, you’re not alone.

Companies like GEICO and Progressive continually hit you with catchy ads and consumers find it hard to ignore the promise of big savings and find the best price available.

Car insurance policy discounts

Car insurance can cost a lot, but there are discounts available that you may not know about. Certain credits will be shown at the time you complete a quote, but once in a while a discount must be specifically requested before you will receive the discount. If they aren’t giving you every credit possible, you could be getting lower rates.

  • Low Miles Discount – Keeping the miles down on your Chevy could be rewarded with better car insurancerates on cars that stay parked.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
  • Discounts for Government Workers – Federal government employees could qualify for a slight premium decrease on Colorado insurance with certain companies.
  • Resident Student – College-age children who live away from home to go to college without a vehicle on campus could qualify for this discount.
  • Theft Deterent System – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and that can save you a little bit as well.
  • Anti-lock Brake System – Cars with ABS braking systems or traction control have fewer accidents and earn discounts up to 10%.
  • No Charge for an Accident – Not a discount per se, but some insurance companies will let one accident slide without raising rates if your claims history is clear for a specific time period.
  • Bundle and Save – When you combine your homeowners and auto insurance with the same company you may save approximately 10% to 15%.

A little note about advertised discounts, many deductions do not apply to the entire policy premium. Most cut specific coverage prices like medical payments or collision. Even though it may seem like you can get free auto insurance, you aren’t that lucky.

A list of car insurance companies and the discounts they provide are shown below.

  • State Farm has discounts for student away at school, multiple autos, good driver, driver’s education, safe vehicle, accident-free, and Drive Safe & Save.
  • Progressive includes discounts for continuous coverage, online signing, multi-vehicle, homeowner, and good student.
  • Progressive may include discounts for online quote discount, good student, homeowner, multi-vehicle, and multi-policy.
  • MetLife discounts include good student, defensive driver, claim-free, good driver, accident-free, multi-policy
  • Farm Bureau offers discounts for safe driver, driver training, 55 and retired, youthful driver, and multi-vehicle.
  • GEICO offers premium reductions for multi-policy, good student, daytime running lights, multi-vehicle, and five-year accident-free.
  • SAFECO offers discounts including anti-theft, homeowner, bundle discounts, safe driver, and accident prevention training.

It’s a good idea to ask each company or agent what discounts are available to you. Some credits may not apply everywhere. To see insurers with the best discounts, click here to view.

How do I know if I need professional advice?

When it comes to buying proper insurance coverage for your vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that. These are some specific questions can help discover if your situation could use an agent’s help.

  • How do I insure my teen driver?
  • How do I file an SR-22 for a DUI in my state?
  • Does my personal policy cover me when driving out-of-state?
  • Is pleasure use cheaper than using my 2018 Chevy Colorado to commute?
  • Does coverage extend to a rental car in a foreign country?
  • What companies insure drivers after a DUI or DWI?
  • Can my babysitter drive my car?
  • Do I need an umbrella policy?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Auto insurance 101

Learning about specific coverages of a car insurance policy can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most car insurance policies.

Liability auto insurance

This coverage will cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability can pay for things like funeral expenses, structural damage and medical expenses. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage

Comprehensive insurance will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like falling objects, a broken windshield and hail damage. The highest amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

This provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Chevy Colorado.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Auto collision coverage

Collision coverage pays for damage to your Colorado resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like rolling your car, sideswiping another vehicle, colliding with another moving vehicle, colliding with a tree and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses for EMT expenses, ambulance fees and surgery. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Keep this in mind

Some insurance companies may not have online rate quotes and these smaller providers provide coverage only through local independent agencies. Affordable 2018 Chevy Colorado insurance can be sourced online and with local insurance agents, and you need to price shop both in order to have the best price selection to choose from.

In this article, we covered a lot of information how to compare 2018 Chevy Colorado insurance prices online. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. Consumers may even find the best prices are with a lesser-known regional company. These smaller insurers may have significantly lower rates on certain market segments compared to the large companies like Allstate and Progressive.

As you go through the steps to switch your coverage, don’t be tempted to buy lower coverage limits just to save a few bucks. In many cases, someone dropped uninsured motorist or liability limits and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. The goal is to buy the best coverage you can find for the lowest price.

Additional information

Comments About 2018 Chevrolet Colorado Insurance

  1. Tiana William

    IT’S ALL TOO EXPENSIVE! Went with Hanover for my Chevrolet and saved around $450 a year. Left Liberty Mutual to switch. :)

  2. Odis Armstrong

    I’m from Grand Rapids, MI, and Progressive rates were best. I used their online quote form to compare rates.