Top Ways to Save on Silt Auto Insurance

No one cherishes buying auto insurance, in particular when they are paying too much.

Drivers have multiple to buy insurance from, and although it's a good thing to have multiple companies, it can be more challenging to compare rates.

It's important to compare prices periodically because insurance rates are constantly changing. Despite the fact that you may have had the lowest price last year you will most likely find a better rate today. There is a lot of bad information regarding auto insurance on the internet, so I'm going to show you some great ways to put money back in your pocket.

Don't pay full price with these discounts

Insuring your vehicles can cost a lot, but you can get discounts to cut the cost considerably. Certain discounts will be applied when you get a quote, but a few must be asked for before you will receive the discount.

  • Accident Forgiveness - Certain companies permit an accident before your rates go up as long as you don't have any claims prior to the accident.
  • Good Student - Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you well after school through age 25.
  • College Student - Kids in college who are attending college and do not have access to a covered vehicle may be able to be covered for less.
  • Sign Online - Certain companies will discount your bill up to fifty bucks just for signing your application over the internet.
  • Drive Less and Save - Fewer annual miles could be rewarded with discounted rates on garaged vehicles.

It's important to note that most discount credits are not given to the entire policy premium. Most only apply to the cost of specific coverages such as liability, collision or medical payments. So when the math indicates all the discounts add up to a free policy, you're out of luck. But any discount will bring down your premiums.

Your personal situation dictates your coverage

When it comes to buying the best auto insurance coverage for your vehicles, there isn't really a one size fits all plan. Everyone's needs are different so your insurance should reflect that Here are some questions about coverages that may help highlight whether or not you might need an agent's assistance.

  • Does my policy cover me when driving someone else's vehicle?
  • Do I need to file an SR-22 for a DUI in Colorado?
  • Why does it cost so much to insure a teen driver in Silt?
  • Does my personal policy cover me when driving my company car?
  • Is my vehicle covered for flood damage?
  • Does my liability insurance cover pulling a trailer or camper?

If you're not sure about those questions, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.

The auto insurance bait and switch

Auto insurance companies such as State Farm, GEICO and Progressive continually stream ads in print and on television. They all seem to make an identical promise that you can save after switching to their company. How does each company make almost identical claims?

All companies have a certain "appetite" for the driver that earns them a profit. For instance, a desirable insured could possibly be between the ages of 30 and 50, a clean driving record, and drives newer vehicles. A driver who meets those qualifications is entitled to the best price and therefore will save when switching.

Drivers who don't measure up to these standards will have to pay higher premiums and ends up with the driver buying from a lower-cost company. The ads state "people who switch" not "everyone that quotes" save that much. That is how insurance companies can claim big savings.

Because of the profiling, you should get quotes from several different companies. It is impossible to predict which company will give you the biggest savings.

Additional Colorado consumer information

More information is located on the website for the Colorado DORA Division of Insurance through this link. Colorado consumers can learn about insurance regulations, file complaints about a company, read enforcement actions against agents and companies, and get help finding coverage.

Colorado auto insurance

Final considerations

Lower-priced auto insurance can be bought online and also from your neighborhood Silt agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies may not provide you the ability to get quotes online and most of the time these small, regional companies sell through independent agents.

In this article, we presented some good ideas how you can reduce auto insurance prices online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may be surprised to find that the lowest rates come from an unexpected company. Regional companies often have lower prices on specific markets as compared to the big name companies such as .

When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. In many cases, someone dropped collision coverage and learned later that it was a big mistake. Your aim should be to buy a smart amount of coverage at an affordable rate.