2015 Chevrolet Colorado Car Insurance Quotes – 10 Ideas for Cheaper Rates

I really doubt anyone looks forward to paying for insurance coverage, in particular when they are paying too much.

Multiple insurance companies compete to insure your vehicles, so it can be very hard to choose a company to find the absolute cheapest price

Consumers should take time to shop coverage around at least once a year because insurance prices change frequently. Even if you got the lowest rates on Colorado insurance a couple years back you will most likely find a better premium rate today. Forget anything you know (or think you know) about insurance coverage because you’re about to learn how to use the internet to reduce your cost while improving coverage.

Drivers save money with these ten discounts

Companies do not advertise every disount available very clearly, so we took the time to find both the well known and the more hidden credits that you can use to lower your rates.

  • Theft Prevention Discount – Anti-theft and alarm system equipped vehicles prevent vehicle theft and therefore earn up to a 10% discount.
  • Student Discounts – Performing well in school can save 20 to 25%. The discount lasts up until you turn 25.
  • Anti-lock Brakes – Vehicles with ABS braking systems or traction control have fewer accidents so you can save 10 percent or more.
  • Payment Method – By paying your policy upfront as opposed to paying monthly you can avoid monthly service charges.
  • Drivers Ed for Students – Cut your cost by having your teen driver complete a driver education course if it’s offered in school.
  • 55 and Retired – Seniors may be able to get better car insurance rates on Colorado insurance.
  • Buy New and Save – Putting coverage on a new car can be considerably cheaper due to better safety requirements for new model year vehicles.
  • Seat Belt Discounts – Drivers who require all occupants to fasten their seat belts can save up to 10 percent (depending on the company) off PIP or medical payments premium.
  • Multiple Policy Discount – When you have multiple policies and place coverage with the same company you could save up to 20% and get you inexpensive insurance.
  • Federal Government Employee – Active or former government employment could qualify for a slight premium decrease on Colorado insurance with certain companies.

A little note about advertised discounts, most credits do not apply to your bottom line cost. A few only apply to specific coverage prices like collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, companies don’t profit that way.

Insurance companies that possibly offer most of these discounts possibly include:

It’s a good idea to ask each company or agent which discounts you qualify for. Some of the earlier mentioned discounts might not apply in every state. To see a list of providers who offer online car insurance quotes, click here.

Low cost auto insurance quotes

There are several ways to compare auto insurance quotes, but one way is less time-consuming than others. You could waste a few hours driving to local insurance agents in your area, or you could use online quoting for quick rates.

Many of the larger companies participate in a marketplace where prospective buyers submit their information once, and at least one company returns a competitive quote. This prevents consumers from doing quote forms to every company.

To enter your information into the quoting system, click here (opens in new window).

The single downside to doing it this way is you are unable to specify the insurers to receive prices from. If you prefer to choose specific providers to compare rates, we have assembled a list of low cost auto insurance companies in your area. Click here to view list.

Take whichever approach you prefer, but be sure you’re using apples-to-apples deductibles and coverage limits on every price quote you get. If you use differing limits you can’t possibly decipher which rate is best. Quoting even small variations in coverage limits could mean much higher rates. And when comparison shopping, getting more free quotes helps increase your odds of locating lower pricing.

Special considerations

When it comes to choosing the right insurance coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that can aid in determining whether or not you could use an agent’s help.

  • How do I file an SR-22 for a DUI in my state?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I have any recourse if my insurance company denies a claim?
  • Does liability extend to a camper or trailer?
  • Does my 2015 Chevy Colorado qualify for pleasure use?
  • What is the rate difference between pleasure use and commuting?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Auto insurance coverage information

Learning about specific coverages of insurance can be of help when determining appropriate coverage and proper limits and deductibles. Insurance terms can be impossible to understand and nobody wants to actually read their policy. Listed below are the normal coverages available from insurance companies.

Collision insurance

Collision coverage covers damage to your Colorado resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like crashing into a building, scraping a guard rail, hitting a parking meter, backing into a parked car and crashing into a ditch. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to bump up the deductible to bring the cost down.

Coverage for medical expenses

Med pay and PIP coverage reimburse you for bills for hospital visits, pain medications and rehabilitation expenses. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability

Liability insurance will cover damage or injury you incur to other people or property that is your fault. It protects you from claims by other people. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 that means you have a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as attorney fees, bail bonds, pain and suffering, funeral expenses and emergency aid. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Colorado.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like damage from flooding, hitting a deer and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

One last thing about your coverage

When you buy insurance online, make sure you don’t skimp on critical coverages to save a buck or two. In many instances, an insured cut full coverage and learned later that the savings was not a smart move. Your strategy should be to get the best coverage possible at the best price while still protecting your assets.

Throughout this article, we presented a lot of information how to save on 2015 Chevy Colorado insurance. It’s most important to understand that the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the best rates are with some of the smallest insurance companies. Some small companies may only write in your state and offer lower auto insurance rates compared to the large companies like Allstate or State Farm.

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