How to Know You're Spending Too Much for Auto Insurance in Wheat Ridge

Having to pay for overpriced auto insurance can drain your checking account, especially in this economy. Comparing price quotes is free, only takes a few minutes, and is a good way to help make ends meet.

Drivers have so many to buy insurance from, and though it is a good thing to have a selection, too many choices makes it more difficult to compare rates.

The purpose of this article is to help you learn how to get online quotes. If you currently have car insurance, you will most likely be able to lower your premiums substantially using this strategy. Nevertheless, Colorado drivers do need to know the way companies sell insurance online and use this information to your advantage.

Free Quotes for Auto Insurance in Wheat Ridge, Colorado

Most companies like Allstate, GEICO and Progressive quote price estimates directly from their websites. This process is quite simple as you just enter your coverage information as detailed in the form. When the form is submitted, the company's rating system will obtain your credit score and driving record and quotes a price. Being able to quote online streamlines rate comparisons, but having to visit a lot of sites and type in the same information is repetitive and time-consuming. But it's very important to perform this step if you are searching for better auto insurance pricing.

A quicker way to locate the lowest prices uses one form to get prices from multiple companies. The form is fast, reduces the work, and makes quoting online a lot less work. As soon as you send your information, it is quoted and you can choose any one of the quotes returned.

If a lower price is quoted, it's easy to complete the application and buy the policy. It takes less than 15 minutes and can result in significant savings.

To find out what other companies charge, click here to open in new window and enter your vehicle and coverage information. To compare your current rates, we recommend you duplicate exactly as they are listed on your policy. This ensures you will receive a fair comparison for similar insurance coverage.

These discounts can lower your rates

Insurance can cost an arm and a leg, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be applied at the time of purchase, but lesser-known reductions have to be manually applied prior to receiving the credit.

  • Multi-car Discount - Buying coverage for more than one vehicle on the same auto insurance policy may reduce the rate for each vehicle.
  • Discount for New Cars - Putting insurance coverage on a new car can be considerably cheaper compared to insuring an older model.
  • Good Student Discount - A discount for being a good student can save 20 to 25%. This discount can apply until age 25.
  • Save over 55 - Mature drivers may qualify for a small decrease in premiums.
  • Memberships - Participating in a qualifying organization is a good way to get lower rates when buying auto insurance.
  • Payment Discounts - If you pay your entire premium ahead of time instead of paying each month you could save up to 5%.
  • Government Employees - Being employed by or retired from a federal job can earn a discount up to 10% depending on your company.

It's important to understand that most discounts do not apply to the overall cost of the policy. Most cut individual premiums such as physical damage coverage or medical payments. Just because you may think you would end up receiving a 100% discount, it doesn't quite work that way. Any qualifying discounts will bring down the cost of coverage.

To see a list of insurers offering auto insurance discounts in Colorado, click here to view.

Different people need different coverages

When choosing adequate coverage for your personal vehicles, there isn't really a cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions may help you determine whether you might need an agent's assistance.

  • Can I afford to buy a different vehicle if my vehicle is totaled?
  • Should I file a claim if it's only slightly more than my deductible?
  • Do I need to file an SR-22 for a DUI in Colorado?
  • Am I covered by my employer's commercial auto policy when driving my personal car for business?
  • Are rental cars covered under my policy?
  • Am I getting all the discounts available?
  • When does my teenage driver need to be added to my policy?
  • Do I qualify for additional discounts?

If you're not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don't have a local agent, simply complete this short form or go to this page to view a list of companies.

Additional auto insurance information can be found on the website for the Colorado DORA Division of Insurance located here. Colorado consumers can report car insurance fraud, read enforcement actions against agents and companies, file complaints about a company, and find out which companies have the most complaints.