How to Get the Cheapest Hotchkiss Auto Insurance

Saving money on Hotchkiss auto insurance is nearly impossible for consumers new to comparing rates online. People have so many options available that it can be more work than you anticipated to find lower rates in Hotchkiss.

It's important to do rate comparisons before your policy renews because insurance rates are constantly changing. Just because you found the best deal six months ago you will most likely find a better rate today. So just forget all the misinformation about auto insurance because you're about to learn the only way to remove unneeded coverages and save money.

If you currently have a car insurance policy, you will most likely be able to save some money using these methods. This information will let you in on how car insurance quotes work and some tricks to saving. Although Colorado drivers do need to know the methods companies use to sell online and take advantage of how the system works.

Save big with these discounts

Companies don't list every available discount in a way that's easy to find, so here is a list both well-publicized and the more hidden savings tricks you should be using.

  • Multi-policy Discount - If you have multiple policies with the same company you will save at least 10% off all policies.
  • Accident Free - Claim-free drivers can earn big discounts compared to drivers who are more careless.
  • Homeowners Pay Less - Being a homeowner can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.
  • Drivers Ed for Students - Make teen driver coverage more affordable by requiring them to take driver's ed class if it's offered in school.
  • Driver Safety - Successfully completing a course in driver safety could save 5% or more if you qualify.
  • Employee of Federal Government - Active or retired federal employment could cut as much as 10% off with certain companies.
  • Payment Method - If you pay your entire premium ahead of time instead of monthly or quarterly installments you can actually save on your bill.

A little note about advertised discounts, most discounts do not apply to the entire cost. Most only apply to the cost of specific coverages such as comprehensive or collision. So even though they make it sound like adding up those discounts means a free policy, you won't be that lucky.

Hotchkiss auto insurance quote

Auto insurance ads bend the truth

Companies like Allstate and Progressive continually stream ads on TV and radio. All the ads make an identical promise about savings after switching to them. How can each company make almost identical claims?

Insurance companies can use profiling for the type of driver that earns them a profit. An example of a preferred risk could possibly be over the age of 40, is a homeowner, and has a high credit rating. A driver who meets those qualifications is entitled to the best price and most likely will save when they switch companies.

Potential insureds who fall outside the requirements will be charged more money and ends up with the driver buying from a lower-cost company. Company advertisements say "people who switch" not "people who quote" save money. That's why companies can truthfully state the savings. That is why you should get a wide range of price quotes. It is impossible to predict the company that will have the lowest rates.

Learn more today

Even more information is available at the Colorado DORA Division of Insurance website. Colorado consumers can read consumer alerts, read industry bulletins, and get help finding coverage.

Shop smart and save

As you restructure your insurance plan, it's not a good idea to buy lower coverage limits just to save a few bucks. Too many times, an accident victim reduced comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. The aim is to buy enough coverage at an affordable rate, not the least amount of coverage.

People change insurance companies for many reasons like policy non-renewal, high rates after DUI convictions, an unsatisfactory settlement offer and even extreme rates for teen drivers. Whatever your reason, finding the right auto insurance provider is less work than it seems.

The cheapest auto insurance can be sourced online and with local Hotchkiss insurance agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies do not offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.