Best Cheap Car Insurance Quotes for Active Military in Colorado

When we talk about car insurance, the word cheap really shouldn’t be used anywhere in the article to describe car insurance prices. It’s a simple fact that cheap car insurance for active military can be difficult to find. Don’t let that discourage you, because we will teach you how you can quote coverage that is easy on your budget.

The car, truck, or SUV on the policy is a significant factor when quoting the best cheap car insurance for active military in Colorado. Vehicles with high performance, a lack of advanced safety features, or an increased likelihood of liability claims will cost substantially more to insure than safer models.

The next tables features auto insurance premiums for a selection of the most affordable vehicles to buy coverage for.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, homeowner, and claim-free. Table data does not factor in zip code location which can lower or raise auto insurance rates substantially.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, multi-vehicle, and safe-driver. Rate information does not factor in garaging location in Colorado which can affect rates considerably.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Estimates do not factor in specific location which can impact premium rates significantly.

Deciding which companies offer the cheapest auto insurance rates for active military will involve more time in order to find the most economical policy.

Each insurer uses their own calculation for determining prices, so let’s take a look at the auto insurance companies with the overall best prices in Colorado.

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The Hartford may offer some of the best car insurance rates in Colorado at around $859 annually. Grange, USAA, GEICO, and Nationwide also rank well as some of the best Colorado insurance companies.

As shown in the table above, if you have coverage with USAA and switched to The Hartford, you may realize annual savings of in the neighborhood of $140. Policyholders with GEICO could save as much as $293 a year, and Nationwide insureds might reduce prices by as much as $296 a year.

It’s important to note that these prices are averages across all drivers and vehicles and and are not calculated with a price decrease for active military. So the insurer that fits you best may not even be in the above list. That affirms the importance of why you need to get auto insurance quotes using your own individual information.

Should you buy full coverage?

Finding the best cheap car insurance for active military in Colorado should be important to most vehicle owners, and one way to buy cheaper insurance is to buy liability only. The example below illustrates the comparison of premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The rates are based on no tickets, no at-fault accidents, $250 deductibles, marital status is single, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 3491,1063],[‘Age 30’, 1817,585],[‘Age 40’, 1801,543],[‘Age 50’, 1635,509],[‘Age 60’, 1583,501],[‘Age 70’, 1911,667]]);var options = {title: ‘Full Versus Liability Only Rates’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Colorado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

As an average, physical damage coverage on your policy costs $2,040 per year over liability only. That is a large expense which might make you wonder when is the right time to remove full coverage. There isn’t a written rule that is best for determining when to drop physical damage insurance, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is 10% or more of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

Discounts on the best cheap car insurance for active military in Colorado

<img class="shadow floatright" src="http://www.quoteclickinsure.com/blog/wp-content/uploads/cheapest-insurance-active-military-co.jpg" alt="Cheaper Colorado auto insurance for military personnel”/>Insurance providers that offer quotes for active military may additionally offer discounts that can lower rates by 30% or more if you meet specific criteria. A few of the larger companies and their possible discounts are shown below.

• Mercury Insurance may have discounts that include anti-theft, type of vehicle, age of vehicle, accident-free, good driver, location of vehicle, and multi-policy.
• Farmers Insurance offers premium reductions for business and professional, homeowner, bundle discounts, early shopping, youthful driver, electronic funds transfer, and good student.
• Farm Bureau offers discounts for youthful driver, multi-policy, multi-vehicle, good student, safe driver, 55 and retired, and driver training.
• State Farm includes discounts for good student, anti-theft, Steer Clear safe driver discount, student away at school, good driver, defensive driving training, and accident-free.
• Allstate discounts include anti-theft, good payer, teenSMART discount, premier discount, new car, economy car, and good student.
• GEICO has savings for military active duty, multi-vehicle, driver training, federal employee, good student, anti-theft, and defensive driver.

The diagram below shows the difference between insurance costs with and without discounts applied. The data is based on a female driver, no accidents or driving violations, Colorado state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The lower bar shows the rates with multiple vehicle, accident-free, homeowner, safe-driver, claim-free, and passive restraint discounts applied. In this example, the average savings per year on auto insurance for active military is 28% or $662.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Female Driver No Discounts’, ‘Female Driver with Discounts’],[‘Age 20’, 3517,2529],[‘Age 30’, 2425,1755],[‘Age 40’, 2251,1627],[‘Age 50’, 1967,1425],[‘Age 60’, 1905,1377],[‘Age 70’, 2221,1601]]);var options = {title: ‘Insurance Rate Comparison with Discounts for Active Military’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#c096ca’, ‘#e1b7ec’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Colorado’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}