Tightwads Instructions on Saving on Englewood Auto Insurance

Are you sick and tired of scraping the payment together each month for car insurance? You are no different than many other Colorado drivers. Lots of contend for your business, so it's not easy to compare every and uncover the absolute lowest rate

Good Decisions Result in Lower Rates

Consumers need to have an understanding of the different types of things that help determine the rates you pay for auto insurance. Understanding what impacts premium levels enables informed choices that could result in better auto insurance rates.

Liability coverage is cheap - Liability coverage will protect you if you are found liable for causing damage or personal injury in an accident. It will provide you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so do not cut corners here.
Occupation reflects on rates - Did you know your occupation can influence how much you pay for auto insurance? Occupations such as real estate brokers, business owners and accountants tend to have higher rates than average in part from high stress levels and long work hours. On the flip side, professions such as farmers, athletes and performers receive lower rates.
Pay less if you're married - Getting married can get you a discount on your policy. Having a spouse means you're more responsible it has been statistically shown that drivers who are married are more cautious.
Little extras can really add up - There are a ton of extra bells and whistles that you can get tricked into buying when buying auto insurance. Coverages like roadside assistance, accidental death and term life insurance may be costing you every month. These may sound like a good investment when talking to your agent, but if they're wasting money get rid of them and save.
Women pay lower rates - The statistics show that men are more aggressive behind the wheel. However, this does not mean men are worse drivers. Men and women tend to get into accidents at a similar rate, but the male of the species have costlier accidents. Men also tend to receive more costly citations like DUI and reckless driving. Youthful male drivers tend to get in the most accidents and are penalized with high auto insurance rates.
Safer cars are cheaper to insure - Safer cars can get you lower premiums. Safe vehicles reduce injuries and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you.
Save money with special equipment - Driving a car with anti-theft technology or alarm system can save you a little every year. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft.
Poor credit can mean higher rates - A driver's credit history is a huge factor in your rate calculation. So if your credit score is not that good, you could save money insuring your by repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower credit scores.

Save big with these discounts

Insurance can cost an arm and a leg, but you can get discounts that you may not know about. Certain discounts will be triggered automatically at the time of quoting, but some may not be applied and must be specially asked for before you will receive the discount. If they aren't giving you every credit available, you are paying more than you should be.

Organization Discounts - Being a member of certain professional organizations is a good way to get lower rates when buying auto insurance.
No Accidents - Claim-free drivers pay less when compared with accident-prone drivers.
Paperless Signup - Some insurance companies may give you up to $50 for buying your policy on their website.
Fewer Miles Equal More Savings - Fewer annual miles could qualify for discounted rates on garaged vehicles.
One Accident Forgiven - A few companies will allow you to have one accident before hitting you with a surcharge so long as you haven't had any claims for a certain period of time.
Payment Method - If you pay your entire premium ahead of time instead of making monthly payments you may reduce your total bill.

A little note about advertised discounts, most discount credits are not given to the entire cost. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you could get a free auto insurance policy, you won't be that lucky. Any amount of discount will cut your overall premium however.

To choose insurers who offer auto insurance discounts in Englewood, click here to view.

Auto insurance ads bend the truth

Consumers in Colorado can't ignore all the ads for the lowest price auto insurance by Allstate, GEICO and Progressive. All the companies make an identical promise about savings after switching to their company.

How do they all claim to save you money? This is how they do it.

Different companies can use profiling for the driver that makes them money. A good example of a profitable customer might be between the ages of 40 and 55, is a homeowner, and chooses high deductibles. A customer getting a price quote who meets those qualifications will get very good rates and most likely will cut their rates substantially.

Potential insureds who fall outside the "perfect" profile must pay more money and ends up with the customer not buying. The ads say "drivers who switch" not "people who quote" save that much. That's why companies can truthfully state the savings.

This illustrates why you should get quotes from several different companies. It's impossible to know the company that will give you the biggest savings.

Additional information can be read on the website for the Colorado DORA Division of Insurance. Click here for link. Visitors are able to find out which companies have the most complaints, read industry bulletins, get help finding coverage, and discover disciplinary actions.

Best coverage at the best price

Cheaper auto insurance can be sourced both online and also from your neighborhood Englewood agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

When buying insurance coverage, you should never buy poor coverage just to save money. In too many instances, an accident victim reduced collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your focus should be to find the BEST coverage for the lowest price while not skimping on critical coverages.