5 Discounts Meeker Drivers Forget when Comparing Car Insurance

Searching for the most affordable Meeker car insurance online may be rather challenging for beginners to online price comaprisons. When there are so many online companies available, how can consumers effectively compare every one to find the best available price?

Locating the lowest cost car insurance coverage in Meeker can be fairly easy. Essentially anyone who is required by state law to have car insurance will be able to cut their insurance bill. But Colorado consumers do need to know how the larger insurance companies determine prices.

More discounts equal less premium

Insurance can cost an arm and a leg, buy you may qualify for discounts to help offset the cost. Certain discounts will be triggered automatically when you complete an application, but some may not be applied and must be manually applied before they will apply.

  • More Vehicles More Savings - Having multiple cars or trucks with the same company qualifies for this discount.
  • Save with a New Car - Adding a new car to your policy can cost up to 25% less due to better safety requirements for new cars.
  • Pay Upfront and Save - By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Student in College - Youth drivers living away from home attending college without a vehicle on campus may be able to be covered for less.
  • Life Insurance Discount - Select insurance companies reward you with a discount if you purchase auto and life insurance together.

Drivers should understand that some credits don't apply to your bottom line cost. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like having all the discounts means you get insurance for free, companies wouldn't make money that way. But all discounts will bring down your premiums.

To choose insurers with the best car insurance discounts in Colorado, click here.

Switch companies and save? Really?

Allstate, GEICO and Progressive regularly use ads in print and on television. All the companies have a common claim that you'll save big if you move your coverage to them. How does each company claim to save you money? This is how they do it.

All the different companies have a preferred profile for the type of customer that makes them money. A good example of a profitable customer might be between the ages of 40 and 55, has no prior claims, and drives less than 7,500 miles a year. Any new insured that hits that "sweet spot" will qualify for the lowest rates and therefore will save when switching.

Consumers who do not match these standards must pay higher rates and this can result in the customer not buying. The ad wording is "drivers who switch" not "everyone that quotes" save that much money. This is how companies can advertise the way they do.

This illustrates why you should get a wide range of price quotes. It's just too difficult to predict which insurance companies will provide you with the cheapest rates.

It's not one size fits all

When buying coverage for your personal vehicles, there isn't really a "best" method to buy coverage. Everyone's situation is unique.

Here are some questions about coverages that can help discover if you will benefit from professional help.

  • Am I covered when driving on a suspended license?
  • Who is covered when they drive my vehicle?
  • What can I do if my company won't pay a claim?
  • Do I pay less if my vehicle is kept in my garage?
  • What happens if I owe more than my vehicle is worth?
  • Is my vehicle covered for flood damage?
  • Does my policy cover me when driving someone else's vehicle?

If you can't answer these questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Learn more about car insurance in Colorado

Much more information about car insurance in Colorado can be read on the Colorado DORA Division of Insurance website. Click here for link. Visitors are able to report car insurance fraud, file complaints about an insurance agent or broker, and view a list of available companies.

Colorado car insurance quotes

Final considerations

Budget-conscious car insurance is possible both online as well as from independent agents in Meeker, so you should be comparing quotes from both to get a complete price analysis. Some car insurance companies don't offer online price quotes and usually these small insurance companies provide coverage only through local independent agents.

When shopping online for car insurance, it's very important that you do not buy poor coverage just to save money. In too many instances, consumers will sacrifice collision coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage for the lowest price while not skimping on critical coverages.

Drivers who switch companies do it for any number of reasons including lack of trust in their agent, delays in paying claims, unfair underwriting practices or even not issuing a premium refund. It doesn't matter why you want to switch switching car insurance companies is easier than you think.