6 Ways to Save on Car Insurance in Poncha Springs

If online car insurance comparisons are new to you, it's easy to be confused by the hoards of car insurance companies all offering big savings in Poncha Springs.

It's important to take a look at other company's rates periodically since rates are constantly changing. Despite the fact that you may have had the best rates two years ago a different company probably has better rates today. You'll find quite a bit of inaccurate information about car insurance online, so we're going to give you some great ways to find cheap car insurance.

If you have car insurance now, you will be able to reduce your rates substantially using this information. Locating the lowest cost protection in Poncha Springs can be fairly easy. Nevertheless, Colorado consumers do need to know how the larger insurance companies compete online.

How much can you save with these six discounts?

Car insurance can cost a lot, but you can get discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time of quoting, but some may not be applied and must be specially asked for before you will receive the discount.

  • Early Switch Discount - Some companies give discounts for buying a policy prior to your current policy expiring. It's a savings of about 10%.
  • Good Student - Performing well in school can get you a discount of up to 25%. The good student discount can last well after school through age 25.
  • Senior Citizens - If you qualify as a senior citizen, you may be able to get better car insurance rates.
  • Federal Employees - Active or retired federal employment can save as much as 8% with certain companies.
  • Life Insurance Discount - Larger companies have better rates if you take out a life insurance policy as well.
  • Resident Student - Youth drivers living away from home attending college and do not have access to a covered vehicle can receive lower rates.

It's important to understand that some of the credits will not apply to the entire policy premium. Most only apply to specific coverage prices like medical payments or collision. So despite the fact that it appears all the discounts add up to a free policy, it doesn't quite work that way. Any qualifying discounts will reduce the amount you have to pay.

Colorado car insurance

How much car insurance do I need?

When it comes to buying coverage for your vehicles, there really is not a "best" method to buy coverage. Every situation is different.

For example, these questions may help highlight if your insurance needs will benefit from professional help.

  • Does my car insurance cover rental cars?
  • Do I need to file an SR-22 for a DUI in Colorado?
  • Should I put collision coverage on all my vehicles?
  • Do I have coverage for damage caused while driving under the influence?
  • When does my teenage driver need to be added to my policy?
  • Why does it cost so much to insure a teen driver in Poncha Springs?

If you can't answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Save 15 percent in 15 minutes? Is it for real?

Companies like State Farm and Allstate continually stream television and radio advertisements. All the ads have a common claim of big savings after switching to their company. How can each company claim to save you money? It's all in the numbers.

All companies have a certain "appetite" for the driver that earns them a profit. A good example of a preferred risk might be between the ages of 40 and 55, a clean driving record, and chooses high deductibles. Any new insured that hits that "sweet spot" is entitled to the best price and is almost guaranteed to save when they switch companies.

Potential insureds who don't meet the requirements will be charged more money and this can result in the customer not buying. Company advertisements say "customers who switch" but not "drivers who get quotes" save that much. That is how insurance companies can confidently state the savings.

That is why drivers should get as many quotes as possible. It's just too difficult to predict which company will give you the biggest savings.

Additional Colorado consumer information

Additional car insurance information can be read on the Colorado DORA Division of Insurance website found here. Visitors are able to learn about specific coverages, file complaints about a company, and learn about insurance regulations.

Colorado car insurance

Final considerations

We just covered a lot of techniques to reduce car insurance prices online. The most important thing to understand is the more you quote, the better likelihood of reducing your rate. You may be surprised to find that the lowest priced car insurance comes from some of the smallest insurance companies.

When buying insurance coverage, it's a bad idea to skimp on coverage in order to save money. There have been many cases where someone dropped collision coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your goal should be to buy enough coverage at the best price, not the least amount of coverage.

Low-cost car insurance can be bought both online and also from your neighborhood Poncha Springs agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not provide you the ability to get quotes online and many times these small insurance companies only sell through independent insurance agents.