How Much Does 2017 Chevrolet Colorado Car Insurance Cost?

Do you think you bought an expensive auto insurance policy? Don’t feel bad because you are not the only one feeling buyer’s remorse.

Popular companies such as State Farm, Allstate, Geico and Progressive promote their brand names with TV and radio ads and consumers find it hard to see past the geckos and flying pigs and do the work needed to find the best deal.

You should make it a habit to quote other rates yearly because prices tend to go up over time. If you had the best rate for Colorado insurance a year ago there may be better deals available now. Forget all the misinformation about auto insurance because you’re about to learn the right way to remove unneeded coverages and save money.

If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using this information. Finding affordable coverage is easy if you know what you’re doing. But vehicle owners must learn how insurance companies price online insurance and take advantage of how the system works.

How to buy insurance

Performing a rate comparison can be a daunting task if you don’t know the fastest way to get free quotes. You could waste time discussing policy coverages with insurance companies in your area, or you could save time and use the internet for quick rates.

Many of the larger companies participate in a marketplace where insurance shoppers send in one quote, and each participating company returns a rated price based on that information. This saves time by eliminating form submissions for each company you want a rate for.

To use this form to compare rates click here to start a free quote.

The only drawback to pricing coverage this way is buyers cannot specifically choose which companies to get pricing from. If you would rather choose individual companies to compare prices, we have a page of insurance companies in your area. View list of insurance companies.

It’s your choice how you get your quotes, but do your best to enter equivalent coverage limits and deductibles for each quote you get. If you compare unequal deductibles or liability limits it’s not possible to determine which company has the best rates. Slightly different coverages could throw off the whole comparison. Keep in mind that comparing a wide range of rates will enable you to find lower pricing.

Use discounts to get cheaper car insurance rates

Companies don’t list every available discount in an easy-to-find place, so the list below details a few of the more well known and the more hidden discounts that may be available.

Membership in Organizations – Belonging to qualifying clubs or civic groups could qualify you for a break when shopping for car insurance.
Pay Early and Save – If paying your policy premium upfront instead of making monthly payments you may reduce your total bill.
Senior Citizens – If you qualify as a senior citizen, you may qualify for a small decrease in premiums for Colorado insurance.
Student in College – Kids living away from home attending college and do not take a car to college may be insured at a cheaper rate.
Low Mileage – Driving less could be rewarded with lower rates on the low mileage vehicles.
Discounts for Responsible Drivers – Insureds without accidents may save up to 50% more for Colorado insurance than drivers with accidents.
Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up can save up to 10 percent (depending on the company) off PIP or medical payments premium.
Life Insurance Discount – Larger insurance carriers have a discount if you purchase a life insurance policy as well.
Active Service Discounts – Having a family member in the military can result in better rates.

Drivers should understand that most discount credits are not given to the entire policy premium. Most only apply to the cost of specific coverages such as comprehensive or collision. So when the math indicates all the discounts add up to a free policy, nobody gets a free ride.

The best car insurance companies and the discounts they provide are detailed below.

State Farm may offer discounts for accident-free, good student, multiple autos, Drive Safe & Save, multiple policy, and defensive driving training.
Nationwide offers premium reductions for family plan, defensive driving, business or organization, good student, Farm Bureau membership, easy pay, and anti-theft.
Geico offers discounts including daytime running lights, membership and employees, multi-policy, federal employee, driver training, and emergency military deployment.
AAA includes discounts for good student, AAA membership discount, education and occupation, multi-policy, multi-car, pay-in-full, and good driver.
21st Century may have discounts that include automatic seat belts, student driver, teen driver, air bags, driver training, and defensive driver.
The Hartford policyholders can earn discounts including defensive driver, anti-theft, vehicle fuel type, bundle, driver training, and air bag.

If you are trying to find inexpensive insurance quotes, ask all companies you are considering the best way to save money. A few discounts might not apply everywhere. To locate companies offering car insurance discounts, follow this link.

Tailor your insurance coverage to you

When it comes to buying the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Every insured’s situation is different and your policy should reflect that. These are some specific questions might help in determining if you might need an agent’s assistance.

Will my rates increase for filing one claim?
I have health insurance so do I need medical payments coverage?
Will my vehicle be repaired with OEM or aftermarket parts?
Am I covered if I wreck a rental car?
Can my babysitter drive my car?
Should I have combined single limit or split liability limits?

If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Car insurance coverage considerations

Learning about specific coverages of your policy can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages available from car insurance companies.

Comprehensive coverage

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, rock chips in glass, damage from getting keyed and fire damage. The most your car insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage

This coverage will pay to fix damage to your Colorado resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a mailbox, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP kick in for bills for rehabilitation expenses, pain medications, nursing services, chiropractic care and X-ray expenses. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. They cover both the driver and occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.

Liability coverages

This will cover damage that occurs to other’s property or people in an accident. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

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 policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as emergency aid, loss of income, bail bonds, court costs and repair bills for other people’s vehicles. How much liability should you purchase? That is up to you, but buy as much as you can afford.