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

Having to pay for overpriced auto insurance can overdraw your personal savings and make it hard to pay other bills. Comparison shopping is free and is an excellent way to lower your monthly bill.

Numerous battle for your business, and because of this it can be hard to compare to get the lowest price

If you currently have car insurance, you should be able to lower your premiums substantially using this information. Finding affordable coverage in Whitewater is not that difficult. Although Colorado drivers do need to know how insurance companies price online insurance and apply this information to your search.

Tips to Get Lower Whitewater Rates

Consumers need to have an understanding of the rating factors that go into determining the price you pay for auto insurance. Understanding what impacts premium levels empowers consumers to make smart changes that will entitle you to better auto insurance rates.

Your job and insurance rates - Did you know that where you work can have an impact on rates? Careers like lawyers, executives and accountants have higher rates than average due to high stress levels and long work hours. On the flip side, occupations like pilots, athletes and homemakers get better rates.
Teen drivers pay high rates - More mature drivers are more cautious drivers, tend to cause fewer accidents and are safer drivers. Teen drivers are statistically proven to be more careless when driving therefore auto insurance rates are much higher.
Bundling policies can get discounts - Most auto insurance companies provide better rates to customers who have multiple policies with them. It's known as a multi-policy discount. This can amount to ten or even up to twenty percent in some cases. Even if you're getting this discount it's still a good idea to comparison shop to verify if the discount is saving money.
Don't skimp on liability - Liability insurance is the protection when a court rules you are at fault for personal injury or accident damage. It provides for a legal defense up to the limits shown on your policy. Liability insurance is quite affordable compared to physical damage coverage, so drivers should carry high limits.
Safer cars cost less to insure - Safer cars tend to have better insurance rates. The safest vehicles protect occupants better and lower injury rates translates into savings for insurance companies and lower rates for you.

Free Whitewater Auto Insurance Quotes

Comparing auto insurance rates can take time and effort if you don't understand the best way to get rate quotes. You can spend your afternoon talking to local insurance agents in Whitewater, or you could use the web to accomplish the same thing much quicker.

Most of the larger companies are enrolled in a marketplace that allows shoppers to only type in their quote data once, and each participating company returns a competitive quote for coverage. This system prevents you from having to do quote forms for each company you want a rate for. To submit your quote information now, click here to open in new window.

The one downside to comparing rates this way is you don't know exactly which providers to get quotes from. So if you want to choose individual companies to receive pricing from, we put together a list of companies who write auto insurance in Colorado. Click here for list of insurance companies in Colorado.

It's up to you how you get prices quotes, just make darn sure you compare the exact same coverage limits and deductibles on every quote you get. If you use different liability limits then you won't be able to determine which rate is truly the best in Whitewater. Having just a slight variation in coverages may result in large price differences. And when comparison shopping, comparing more company's prices will enable you to find the best rates.

How much can you save with discounts?

Companies don't always list every discount in an easy-to-find place, so we took the time to find both well-publicized and also the lesser-known ways to save on auto insurance.

Government Employees - Employees or retirees of the government can earn a discount up to 10% with a few auto insurance companies.
Distant Student - Any of your kids who attend school more than 100 miles from home and do not have a car can receive lower rates.
Anti-theft System - Vehicles equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10%.
Organization Discounts - Participating in certain professional organizations could trigger savings when shopping for auto insurance.
Low Mileage Discounts - Driving fewer miles can earn better rates on cars that stay parked.
Own a Home - Simply owning a home may earn you a small savings because owning a home is proof that your finances are in order.
Good Student Discount - This discount can save 20 to 25%. This discount can apply until age 25.

A little note about advertised discounts, most discount credits are not given to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. So when the math indicates you could get a free auto insurance policy, you won't be that lucky.

To choose insurance companies offering auto insurance discounts in Whitewater, click this link.

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

Auto insurance providers like Progressive, Allstate and GEICO constantly bombard you with television and radio advertisements. They all make the same claim about savings if you switch your coverage to them. How do they all make almost identical claims? It's all in the numbers.

Different companies have a preferred profile for the type of customer that makes them money. For example, a driver they prefer could possibly be over the age of 50, insures multiple vehicles, and has great credit. A driver who matches those parameters is entitled to the best price and is almost guaranteed to cut their rates substantially.

Drivers who don't meet the "perfect" profile will be quoted a higher premium which leads to the driver buying from a lower-cost company. Company advertisements say "customers who switch" but not "drivers who get quotes" save that much money. This is how companies can truthfully advertise the savings. This emphasizes why you need to compare many company's rates. It is impossible to predict which insurance companies will give you the biggest savings.

How much car insurance do I need?

When buying the right insurance coverage for your personal vehicles, there is no one size fits all plan. Every situation is different so this has to be addressed. For example, these questions may help you determine if your insurance needs may require specific advice.

Why am I required to get a high-risk car insurance policy?
What are Colorado no-fault laws?
Do I need special endorsements for business use of my vehicle?
Are rental cars covered under my policy?
Is my dog or cat covered if injured in an accident?
Is my vehicle covered for flood damage?
Does my policy cover my teen driver if they drive my company car?
Do I have any recourse if my insurance company denies a claim?

If it's difficult to answer those questions, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier

Even more information can be found at the Colorado DORA Division of Insurance website. Colorado consumers can read industry bulletins, read enforcement actions against agents and companies, read consumer alerts, and find out which companies have the most complaints.

Final considerations

As you prepare to switch companies, never reduce coverage to reduce premium. There are too many instances where drivers have reduced physical damage coverage only to regret at claim time that the small savings ended up costing them much more. Your strategy should be to buy enough coverage at the best price while still protecting your assets.

The cheapest auto insurance can be found online as well as from independent agents in Whitewater, and you should be comparing both to have the best selection. There are still a few companies who don't offer online price quotes and these regional insurance providers work with independent agents.