Tightwads Instructions on Saving on Colorado Springs Auto Insurance

I can't think of a single person who likes paying for auto insurance, especially knowing they are paying too much. Lots of contend to insure your vehicles, and it can be difficult to compare rates to get the lowest rate

It's important to shop coverage around periodically since insurance rates are constantly changing. Just because you had the best rates on your last policy there is a good chance you can find better rates now. You can find a lot of wrong information about auto insurance online, so we're going to give you some great ways to reduce your auto insurance bill.

If you have insurance now or need a new policy, you will benefit by learning to find the best rates while maximizing coverage. Finding the best rates in Colorado Springs is easy if you know what you're doing. Colorado vehicle owners just need to know the proper way to shop for auto insurance online.

Tips to Get Lower Colorado Springs Rates

Consumers need to have an understanding of the factors that go into determining auto insurance rates. Understanding what controls the rates you pay empowers consumers to make smart changes that can help you get lower auto insurance prices.

Listed below are some of the items used by your company to calculate your rates.

Type of vehicle determines base rates - The type of car you drive makes a significant difference in how high your rates are. Economy passenger cars receive the most favorable rates, but other factors influence the final cost greatly.
Traffic citations inflate rates - Even a single ticket can bump up the cost twenty percent or more. Drivers who don't get tickets receive lower rates than bad drivers. Drivers who get serious violations such as DUI or reckless driving may be required to submit a SR-22 form with the DMV in their state in order to continue driving.
Save money with special equipment - Owning a car that has an advanced theft prevention system can save you a little every year. Anti-theft features such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system can help prevent auto theft.
Do you need the policy add-ons? - There are many additional coverages you can purchase if you aren't careful. Coverages like rental car reimbursement, better glass coverage and additional equipment coverage are some examples. They may seem like a good idea at first, but now you might not need them so get rid of them and save.

How to Get Colorado Springs Auto Insurance Comparison Quotes

All major auto insurance companies such as State Farm and Allstate give coverage price quotes online. Getting online quotes is fairly simple as you simply enter your personal and coverage information as detailed in the form. After the form is submitted, their system will obtain information on your driving record and credit history and generates a price based on these and other factors. Online price quotes streamlines rate comparisons, but the time required to go to each company's website and repetitively enter the same data into a form is not the best way to spend an afternoon. But it's very important to have as many quotes as possible in order to get better auto insurance pricing.

The preferred way to compare rates requires only one form that analyzes rates from a bunch of companies at once. The form is fast, requires much less work on your part, and makes online shopping much simpler. After sending your information, your coverage is rated and you can choose any of the resulting price quotes.

If the quotes result in lower rates, you can simply submit the application and purchase coverage. This process can be completed in a matter of minutes and may result in a nice savings.

To quickly find out what other companies charge, click here to open in new window and fill out the form. If you have your current policy handy, we recommend you replicate your coverages identical to your current policy. This makes sure you will be getting comparison quotes for the exact same coverage.

These discounts can lower your rates

Car insurance can cost a lot, buy you may qualify for discounts that you may not even be aware of. Some trigger automatically at the time of quoting, but some may not be applied and must be inquired about before you will receive the discount. If they aren't giving you every credit you qualify for, you are paying more than you should be.

Early Signing - A few companies offer discounts for signing up prior to your current policy expiration. This can save 10% or more.
Air Bag Discount - Vehicles with factory air bags or motorized seat belts can get savings of more than 20%.
Student Driver Training - Cut your cost by having your teen driver take driver's ed class in school.
Defensive Driver - Completing a course teaching defensive driving skills can save you 5% or more if your company offers it.
Anti-theft Discount - Vehicles with anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
Low Mileage - Driving fewer miles could qualify for a substantially lower rate.
Organization Discounts - Affiliation with certain professional organizations may earn a discount on your policy.
Lower Rates for Military - Being deployed with a military unit could mean lower rates.
Senior Discount - If you're over the age of 55, you may qualify for a small decrease in premiums.

Consumers should know that some of the credits will not apply to the entire policy premium. A few only apply to the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you can get free auto insurance, companies don't profit that way. But all discounts will cut the cost of coverage.

To choose providers offering auto insurance discounts in Colorado Springs, click here.

Are you falling for claims of savings?

Colorado drivers can't ignore all the ads for cheaper car insurance from the likes of State Farm and Allstate. All the ads have a common claim that you'll save big if you switch your coverage to them.

How do they all say the same thing?

All companies have a certain "appetite" for the type of customer that makes them money. A good example of a preferred risk might be profiled as between 25 and 40, a clean driving record, and has great credit. A propective insured that hits that "sweet spot" receives the best rates and as a result will probably cut their rates substantially.

Potential insureds who are not a match for the "perfect" profile will be charged more money and this can result in business not being written. Company advertisements say "people who switch" not "everybody who quotes" save that much money. That is how companies can advertise the savings.

That is why you need to get a wide range of price quotes. It's not possible to predict which company will fit your personal profile best.

Different people need different coverages

When buying coverage for your vehicles, there is no one size fits all plan. Each situation is unique and your policy should reflect that. For instance, these questions may help highlight whether you would benefit from an agent's advice.

Does my car insurance cover rental cars?
Can I rate high risk drivers on liability-only vehicles?
Is rental equipment covered for theft or damage?
Do I really need UM/UIM coverage?
Does my personal auto insurance policy cover using my vehicle for business use?
Is my nanny covered when driving my vehicle?

If you can't answer these questions, you might consider talking to an insurance agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

Much more information about auto insurance in Colorado can be read on the website for the Colorado DORA Division of Insurance through this link. Colorado drivers can learn about specific coverages, file complaints about a company, view a list of available companies, and discover disciplinary actions.

Best coverage at the best price

In this article, we covered a lot of techniques to compare auto insurance prices online. The key thing to remember is the more you quote, the better likelihood of reducing your rate. Consumers may even find the most savings is with a company that doesn't do a lot of advertising. These smaller insurers may often insure only within specific states and give getter rates than the large multi-state companies such as .

Discount auto insurance is available on the web as well as from independent agents in Colorado Springs, so you should compare both to have the best chance of lowering rates. There are still a few companies who don't offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

When you buy insurance online, you should never reduce coverage to reduce premium. There have been many cases where someone dropped collision coverage and discovered at claim time that the few dollars in savings costed them thousands. Your goal should be to buy enough coverage at an affordable rate, not the least amount of coverage.