Car Insurance in Stratton - 5 Ways to Save Money

Price shopping your Stratton car insurance is a challenge for consumers new to comparison shopping online. Drivers have so many options available that it can quickly become more work than you anticipated to compare prices in Stratton.

It's important to compare prices once or twice a year since rates are constantly changing. Even if you got the best price last year you will most likely find a better rate today. Forget all the misinformation about car insurance because I'm going to let you in on the secrets to the tricks you need to know to find better coverage at a better price.

If you have a current car insurance policy or need new coverage, you can learn to find better prices and still get good coverage. Pricing affordable protection in Stratton is quite easy. Colorado drivers only need an understanding of the most effective way to shop for car insurance over the internet.

These 5 discounts can lower your rates

Car insurance is not cheap, but you can get discounts to reduce the price significantly. Larger premium reductions will be automatically applied at quote time, but less common discounts must be asked for in order for you to get them. If they aren't giving you every credit available, you are throwing money away.

  • Anti-theft Discount - Anti-theft and alarm systems can help prevent theft and qualify for as much as a 10% discount.
  • Payment Method - If you pay your bill all at once instead of monthly or quarterly installments you may reduce your total bill.
  • Discount for Life Insurance - Larger companies have lower rates if you buy a life insurance policy as well.
  • Driver Safety - Completing a driver safety course could save 5% or more if you qualify.
  • One Accident Forgiven - A few companies permit an accident before your rates go up if you are claim-free prior to the accident.

Consumers should know that most of the big mark downs will not be given to the entire cost. Most only cut the cost of specific coverages such as comprehensive or collision. Just because it seems like you can get free auto insurance, companies don't profit that way. Any qualifying discounts will cut the cost of coverage.

Stratton car insurance quote

Are you falling for claims of savings?

Consumers get pounded daily by advertisements for the lowest price auto insurance by Allstate and Progressive. All the ads say the same thing of big savings after switching to their company.

How do they all make the same claim?

All companies can use profiling for the driver that earns them a profit. For example, a preferred risk could be a mature driver, has no tickets, and has great credit. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably cut their rates substantially.

Potential insureds who are not a match for the "perfect" profile will be charged more money which usually ends up with business going elsewhere. The ad wording is "people who switch" not "everybody who quotes" save that much. That's why insurance companies can confidently advertise the savings.

That is why you should get quotes from several different companies. It's just too difficult to predict the company that will give you the biggest savings.

Additional car insurance information can be found on the Colorado DORA Division of Insurance website through this link. Consumers can read consumer alerts, view a list of available companies, and file complaints about an insurance agent or broker.

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And the best car insurance company is...

As you prepare to switch companies, you should never buy lower coverage limits just to save a few bucks. Too many times, an insured dropped physical damage coverage only to discover later that the small savings ended up costing them much more. The aim is to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

Consumers change insurance companies for many reasons like policy non-renewal, unfair underwriting practices, delays in paying claims and even questionable increases in premium. Regardless of your reason for switching companies, finding the right car insurance provider is less work than it seems.

Cost effective car insurance can be purchased from both online companies and also from your neighborhood Stratton agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.