10 Money Saving Ideas Guaranteed to Save on Car Insurance Costs in Evergreen

Expensive car insurance can drain your bank account and force you to prioritize other expenses. Shopping your coverage around is a great way to reduce premiums and put more money in your pocket.

Insurance companies such as GEICO and Progressive continually hit you with ad campaigns and it can be hard to sift through the bull and effectively compare rates to find the best deal.

More discounts equal less premium

Car insurance companies don't list every discount in a way that's easy to find, so we break down both the well known and the more hidden discounts you could be receiving.

Government Employees - Active or retired federal employment can save as much as 8% with a few car insurance companies.
Senior Citizens - If you qualify as a senior citizen, you can possibly qualify for a small decrease in premiums.
Seat Belt Usage - Buckling up and requiring all passengers to wear their seat belts could cut 10% or more off your PIP or medical payments premium.
Life Insurance Discount - Some companies give better rates if you take out a life insurance policy as well.
Claim Free - Drivers who don't have accidents can save substantially when compared to drivers who are more careless.
Defensive Driving Course - Completing a defensive driving course could cut 5% off your bill if you qualify.
Anti-lock Brakes - Cars that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
Anti-theft Discount - Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.
Accident Waiver - A handful of insurance companies permit an accident before your rates go up if your claims history is clear prior to the accident.
Lower Rates for Military - Being deployed with a military unit can result in better rates.

It's important to note that some of the credits will not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as comp or med pay. So despite the fact that it appears all the discounts add up to a free policy, you're out of luck.

It's not one size fits all

When it comes to buying adequate coverage for your personal vehicles, there really is not a "best" method to buy coverage. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine if you could use an agent's help.

Why am I required to get a high-risk car insurance policy?
Should I put collision coverage on all my vehicles?
Why am I be forced to buy a membership to get insurance from some companies?
Do I have coverage for damage caused while driving under the influence?
What happens if I owe more than my vehicle is worth?
Do I qualify for additional discounts?
What companies insure drivers after a DUI or DWI?
Do I really need UM/UIM coverage?

If you can't answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier

Switch companies and save? Really?

Car insurance providers like Progressive, Allstate and GEICO regularly use ads in print and on television. They all have a common claim that you can save if you move your coverage to them. How can each company claim to save you money?

All companies have a preferred profile for the type of customer that earns them a profit. For example, a driver they prefer might be over the age of 40, insures multiple vehicles, and drives less than 10,000 miles a year. Any new insured that hits that "sweet spot" is entitled to the best price and therefore will save when they switch companies.

Potential customers who do not match the requirements will be quoted higher prices and this can result in the customer not buying. Company advertisements say "people who switch" not "everyone that quotes" save that much money. This is how insurance companies can advertise the way they do. This emphasizes why you should compare as many rates as you can. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

More sites with car insurance information

Additional detailed information can be found at the Colorado DORA Division of Insurance website. Visitors are able to read industry bulletins, learn about insurance regulations, find a variety of consumer forms, and download brochures.

Shop smart and save

As you go through the steps to switch your coverage, it's a bad idea to buy lower coverage limits just to save a few bucks. There are too many instances where drivers have reduced uninsured motorist or liability limits only to regret that the savings was not a smart move. Your strategy should be to buy enough coverage at an affordable rate while still protecting your assets.

Lower-priced car insurance is definitely available both online as well as from independent agents in Evergreen, and you need to comparison shop both so you have a total pricing picture. Some car insurance companies don't offer you the ability to get quotes online and these regional insurance providers work with independent agents.