Buying the most affordable Commerce City auto insurance on the internet can seem to be intimidating for consumers new to price shopping online. With a ridiculous number of companies in the marketplace, how can you effectively compare them all to find the cheapest rates?
You need to take a look at other company’s rates before your policy renews since insurance rates are variable and change quite frequently. Just because you found the best price two years ago the chances are good that you can find a lower rate today. Forget all the misinformation about auto insurance because we’re going to demonstrate the fastest way to find better coverage at a better price.
Be sure to get all your discounts
Companies offering auto insurance don’t necessarily list all available discounts in an easy-to-find place, so we took the time to find both the well known and also the lesser-known auto insurance savings. If they aren’t giving you every credit you deserve, you are paying more than you should be.
- Anti-lock Brake System – Vehicles equipped with ABS or steering control can avoid accidents and will save you 10% or more.
- Own a Home – Being a homeowner may trigger a auto insurance policy discount because of the fact that having a home shows financial diligence.
- Fewer Miles Equal More Savings – Fewer annual miles can qualify you for lower rates on the low mileage vehicles.
- Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could cut 10% or more off your medical payments premium.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts can receive discounts of 20% or more.
- Military Discounts – Being on active duty in the military can result in better rates.
- Save with a New Car – Putting insurance coverage on a new car can save up to 30% since new cars are generally safer.
- Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you may reduce your total bill.
- Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates than drivers with accident claims.
- Sign Online – A few companies will give a small break just for signing your application online.
Drivers should understand that some credits don’t apply to the entire policy premium. Most only apply to specific coverage prices like comp or med pay. Even though it may seem like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.
To see a list of providers who offer auto insurance discounts in Colorado, click here.
Auto Insurance Prices in Commerce City
Cutting your Commerce City auto insurance rates isn’t really that difficult. You just need to spend a little time to compare rate quotes from different insurance companies. It is quite easy and can be accomplished in a couple of different ways.
The single most time-saving way to get the best comparison quotes is to use a rate comparison form click to view form in new window. This type of form keeps you from doing separate forms for each company you want a rate for. A single form will return price quotes from auto insurance companies with the best prices. This is by far the quickest method.
A less efficient way to obtain and compare quotes online is spending the time to visit the website for each individual company and request a quote. For sake of this example, let’s say you want to compare rates from Progressive, Esurance and Geico. You would have to take the time to go to each site and enter your information, and that’s why the first method is more popular.
To view a list of companies in Commerce City, click here.
However you get your quotes, double check that you are using identical coverages with each company. If you compare different limits and deductibles on each one you will not be able to decipher which rate is best in Commerce City.
Auto insurance coverage specifics
Having a good grasp of your auto insurance policy can help you determine which coverages you need for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy.
UM/UIM Coverage
This coverage gives you protection when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and also any damage incurred to your vehicle.
Due to the fact that many Colorado drivers only purchase the least amount of liability that is required (Colorado limits are 25/50/15), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.
Comprehensive or Other Than Collision
Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as hitting a bird, theft, hitting a deer and fire damage. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Auto collision coverage
This coverage will pay to fix damage to your vehicle resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things such as hitting a parking meter, backing into a parked car and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.
Coverage for liability
This provides protection from damage or injury you incur to people or other property in an accident. 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 liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.
Liability coverage pays for claims like emergency aid, repair bills for other people’s vehicles, repair costs for stationary objects and loss of income. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as large an amount as possible. Colorado state law requires minimum liability limits of 25,000/50,000/15,000 but it’s recommended drivers buy more coverage.
Medical costs insurance
Med pay and PIP coverage pay for short-term medical expenses for nursing services, X-ray expenses, hospital visits, EMT expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage
Do the work, save more money
We just showed you quite a bit of information on how to save on auto insurance. 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 most savings is with the smaller companies.
When you buy insurance online, make sure you don’t buy less coverage just to save a little money. In many cases, an insured dropped full coverage and discovered at claim time that they should have had better coverage. Your goal should be to buy the best coverage you can find at an affordable rate while still protecting your assets.
Low-cost auto insurance can be bought on the web as well as from independent agents in Commerce City, and you should compare price quotes from both so you have a total pricing picture. There are still a few companies who don’t offer the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
More tips and info about auto insurance is available at the Colorado DORA Division of Insurance website. Consumers can find disaster information, download brochures, find a variety of consumer forms, and read state legal mandates and laws.
Other informative sites include BankRate.com’s Car Insurance: When not to Skimp and this page for help finding agents in Commerce City, CO.