Easy Tips to Save Money on Commerce City Car Insurance

Buying the lowest cost Commerce City car insurance on the internet is rather challenging for consumers not familiar with price shopping online. When there are so many online companies, how can consumers effectively compare every company to locate the best available price?

You have some control over your rates

Consumers need to have an understanding of some of the elements that go into determining the rates you pay for car insurance. Understanding what impacts premium levels enables informed choices that could result in better car insurance rates.

Liability coverage is cheap - Liability insurance is the protection if you are found liable for causing damage or personal injury in an accident. Liability insurance provides legal defense up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
Battle of the sexes - Statistics have proven that men are more aggressive behind the wheel. That doesn't necessarily mean that men are worse drivers. Men and women cause accidents in similar numbers, but the male of the species cause more damage. Men also tend to get cited for more serious violations like DUI and reckless driving. Youthful male drivers are several times more likely to be in an accident and are penalized with high car insurance rates.
Multiple policies with one company can save - Most companies will award you with lower prices to insureds who buy several policies from them. It's known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. Even if you're getting this discount you may still want to comparison shop to ensure the best deal.
Don't buy coverages you don't need - There are many add-on coverages that you can get tricked into buying when buying car insurance. Coverages like personal injury protection, accidental death and term life insurance are examples of these. These may sound like a good investment at first, but if they're wasting money get rid of them and save.
With age comes lower rates - More mature drivers are more responsible, tend to cause fewer accidents and tend to be better behind the wheel. Youthful drivers are statistically proven to be more careless when driving therefore car insurance rates are much higher.
The more you drive the more you pay - The more miles you rack up on your car in a year's time the more you'll pay to insure your vehicle. Most insurance companies charge to insure your cars based upon how you use the vehicle. Vehicles that are left in the garage receive lower rates as compared to vehicles used primarily for driving to work. Verify your car insurance policy is showing how each vehicle is driven, because improper ratings can cost you money.

Don't pay full price with these discounts

Insurance can cost an arm and a leg, but there could be available discounts that many people don't even know exist. Certain discounts will be triggered automatically at the time of purchase, but less common discounts must be asked for prior to receiving the credit.

Multi-car Discount - Having more than one vehicle with the same company could earn a price break for each car.
Accident Waiver - A few companies permit an accident before hitting you with a surcharge so long as you haven't had any claims for a certain period of time.
Anti-theft System - Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
Defensive Driver - Taking a defensive driving course could cut 5% off your bill if your company offers it.
Student in College - Children who are attending college and do not have a car may be able to be covered for less.
Discount for Life Insurance - Companies who offer life insurance give lower rates if you buy life insurance from them.

A little note about advertised discounts, most credits do not apply to all coverage premiums. Most only apply to the cost of specific coverages such as physical damage coverage or medical payments. So even though they make it sound like you would end up receiving a 100% discount, you won't be that lucky. Any amount of discount will cut your premiums.

To choose insurers offering car insurance discounts in Commerce City, follow this link.

The car insurance bait and switch

Allstate, GEICO and Progressive constantly bombard you with ads in print and on television. All the companies say the same thing about savings if you switch to their company. How do they all claim to save you money?

Different companies have a preferred profile for the driver that makes them money. For instance, a profitable customer might be between the ages of 40 and 55, insures multiple vehicles, and drives newer vehicles. Any driver who fits that profile is entitled to the best price and therefore will cut their rates substantially.

Potential customers who don't measure up to the "perfect" profile must pay higher prices which usually ends up with the customer not buying. The ads state "people who switch" not "everyone that quotes" save that much. This is how companies can truthfully claim big savings.

This illustrates why you should compare as many rates as you can. You cannot predict which insurance companies will give you the biggest savings.

Additional information is located on the Colorado DORA Division of Insurance website through this link. Visitors are able to find out which companies have the most complaints, learn about insurance regulations, and read consumer alerts.

Do the work, save more money

Cheaper car insurance can be found both online and also from your neighborhood Commerce City agents, so you should be comparing quotes from both so you have a total pricing picture. A few companies may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

When trying to cut insurance costs, you should never buy poor coverage just to save money. In too many instances, drivers have reduced liability coverage limits only to discover later that it was a big mistake. Your focus should be to buy a smart amount of coverage at an affordable rate while not skimping on critical coverages.

We just presented a lot of tips how to save on car insurance. The key thing to remember is the more rate comparisons you have, the better chance you'll have of finding lower rates. Drivers may discover the lowest priced car insurance comes from an unexpected company.