Tightwads Guide to Saving on Kittredge Auto Insurance
Are you sick and tired of scraping the payment together each month for car insurance? You're in the same situation as the majority of other car owners in Colorado.
With consumers having so many choices of insurance companies, it can be hard to locate the most affordable company.
It's important to price shop coverage once or twice a year because insurance rates are constantly changing. Even if you got the best price a couple years back you will most likely find a better rate today. Forget all the misinformation about auto insurance because you're about to learn the tricks you need to know to find better coverage at a better price.
Finding the best rates in Kittredge is easy if you know what you're doing. If you are paying for car insurance now, you will be able to lower your premiums substantially using this strategy. But Colorado drivers do need to know the methods companies use to price insurance differently and apply this information to your search.
These discounts can lower your rates
Companies don't necessarily list all their discounts very well, so we took the time to find both well-publicized and the more hidden discounts you could be receiving.
- Homeowners Pay Less - Owning a house in Kittredge can save you money due to the fact that maintaining a home is proof that your finances are in order.
- Payment Method - By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
- Bundle and Save - If you have multiple policies with one insurance company you will save approximately 10% to 15%.
- Air Bag Discount - Factory air bags can receive discounts of more than 20%.
- Drive Less and Save - Fewer annual miles can earn a substantially lower rate.
- Clubs and Organizations - Participating in a professional or civic organization may earn a discount on auto insurance.
- Military Discounts - Being deployed with a military unit may qualify for rate reductions.
- Employee of Federal Government - Active or retired federal employment may qualify you for a discount with select insurance companies.
- Save over 55 - If you qualify as a senior citizen, you may be able to get a discount up to 10%.
Consumers should know that some credits don't apply to the entire cost. Most only apply to the cost of specific coverages such as liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, companies don't profit that way.
Are you falling for claims of savings?
Auto insurance companies such as State Farm, GEICO and Progressive continually stream ads on television and other media. They all seem to have a common claim that you'll save big after switching your policy. But how can every company make almost identical claims?
All the different companies can use profiling for the right customer that earns them a profit. For example, a desirable insured could possibly be over the age of 40, has no tickets, and drives less than 10,000 miles a year. A driver that hits that "sweet spot" is entitled to the best price and as a result will probably save a lot of money.
Consumers who are not a match for this ideal profile will have to pay higher rates and this can result in the driver buying from a lower-cost company. The ads state "people who switch" not "everybody who quotes" save that kind of money. That's why companies can advertise the way they do. Because of the profiling, you should get a wide range of price quotes. It is impossible to predict the company that will provide you with the cheapest rates.
More Colorado auto insurance information
More detailed Colorado auto insurance information can be found at the Colorado DORA Division of Insurance website. Colorado consumers can get help finding coverage, view a list of available companies, view agent and company licensing information, and file complaints about a company.
Also read more on this page for Colorado auto insurance and this page for help finding agents in Kittredge, CO.
The best insurance company isn't always the cheapest
Discount auto insurance can be purchased online in addition to many Kittredge insurance agents, and you need to comparison shop both to get a complete price analysis. Some auto insurance companies do not provide you the ability to get quotes online and most of the time these regional insurance providers sell through independent agents.
As you go through the steps to switch your coverage, don't be tempted to buy lower coverage limits just to save a few bucks. In many cases, an insured dropped physical damage coverage only to regret at claim time that the savings was not a smart move. Your aim should be to buy a smart amount of coverage at an affordable rate.
