Easy Techniques to Spend Less on Highlands Ranch Car Insurance

Are you intimidated by the dozens of car insurance company choices in Highlands Ranch? You're not the only one! You have so many options available that it can turn into more work than you anticipated to find the perfect company for you.

It's important to price shop coverage every six months because rates are constantly changing. If you had the lowest price a few years ago you will most likely find a better rate today. You can find a lot of wrong information about car insurance on the internet, so we're going to give you some great ways to put money back in your pocket.

If you are insured now or are looking for a new policy, you can learn to shop for the lowest rates and still get good coverage. This information will help educate you on the best way to quote coverages. Colorado drivers only need an understanding of the most efficient way to shop for car insurance online.

These discounts can lower your rates

Car insurance is not cheap, buy you may qualify for discounts that can drop the cost substantially. Certain discounts will be applied when you get a quote, but a few must be manually applied before you will receive the discount. If they aren't giving you every credit possible, you are throwing money away.

  • Theft Prevention Discount - Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Clubs and Organizations - Belonging to certain professional organizations could trigger savings on your policy.
  • No Claims - Drivers with accident-free driving histories pay much less compared to drivers who are more careless.
  • Defensive Driving Course - Successfully completing a driver safety course could possibly earn you a 5% discount if you qualify.
  • Passive Restraints and Air Bags - Vehicles with factory air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • Pay Upfront and Save - If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Multi-policy Discount - If you have multiple policies with one insurance company you may save at least 10% off all policies.
  • Student Driver Training - Make teen driver coverage more affordable by requiring them to take driver's ed class in high school.

Consumers should know that many deductions do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, companies don't profit that way. Any qualifying discounts will cut the cost of coverage.

Highlands Ranch car insurance quote

Are you falling for claims of savings?

Consumers get pounded daily by advertisements that promise big savings from companies such as Allstate and Progressive. All the ads make the same claim of big savings if you move your policy.

How do they all make the same claim? This is how they do it.

Insurance companies are able to cherry pick for the right customer that earns them a profit. For instance, a preferred risk could be between the ages of 30 and 50, has no driving citations, and drives less than 7,500 miles a year. A customer who matches those parameters will qualify for the lowest rates and as a result will probably cut their rates substantially.

Drivers who are not a match for the "perfect" profile will be charged higher premiums which leads to business going elsewhere. The ad wording is "drivers who switch" not "everybody who quotes" save that kind of money. That's the way insurance companies can confidently advertise the way they do.

That is why you should compare as many rates as you can. Because you never know which car insurance company will provide you with the cheapest rates.

Learn more about Colorado car insurance

Additional car insurance information is located on the Colorado DORA Division of Insurance website. Click here for link. Consumers can read consumer alerts, find out which companies have the most complaints, and read industry bulletins.

And the best car insurance company is...

When shopping online for car insurance, you should never buy lower coverage limits just to save a few bucks. Too many times, someone sacrificed collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. The aim is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

Cost effective car insurance is definitely available from both online companies in addition to many Highlands Ranch insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some car insurance companies do not provide you the ability to get quotes online and many times these small, regional companies only sell through independent insurance agents.

Insureds who switch companies do it for any number of reasons including policy cancellation, questionable increases in premium, high rates after DUI convictions and even poor customer service. Regardless of your reason for switching companies, switching car insurance companies is less work than it seems.