How many times have you put off comparing quotes for cheaper auto insurance rates in Commerce City, CO? Trying to find the cheapest insurance for a car in Colorado can be an all-consuming task, but you can follow our auto insurance buying tips to find lower rates.
There is a right way and a wrong way to buy auto insurance and you need to know the best way to price shop coverage for your and obtain the cheapest rates.
Consumers need to compare premium rates once or twice a year because prices change frequently. Despite the fact that you may have had the lowest rates on auto insurance at your last renewal other companies may now be cheaper. Forget all the misinformation about auto insurance because you're going to get a crash course in one of the easiest ways to reduce your cost while increasing coverage.
The auto insurance companies shown below are our best choices to provide free quotes in Colorado. If multiple providers are shown, it's highly recommended you compare several of them to get the best price comparison.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Silverado LS Extended Cab 4WD||$964||$482||$80|
|Dodge Ram Crew Cab Sport 4WD||$1,206||$603||$101|
|Ford Escape XLT 4WD||$954||$477||$80|
|Ford F-150 XLT Super Cab 4WD||$1,132||$566||$94|
|Ford Focus SES 4-Dr Sedan||$1,296||$648||$108|
|GMC Sierra SLE Crew Cab 2WD||$1,064||$532||$89|
|Honda Accord LX-S 2-Dr Coupe||$1,370||$685||$114|
|Honda CR-V LX 4WD||$902||$451||$75|
|Honda Civic Hybrid 4-Dr Sedan||$1,154||$577||$96|
|Honda Odyssey EX-L W/Rear Entertainment||$876||$438||$73|
|Hyundai Elantra GLS 4-Dr Sedan||$976||$488||$81|
|Mazda 3 I Touring 4-Dr Sedan||$978||$489||$82|
|Nissan Altima 3.5 SR 2-Dr Coupe||$1,676||$838||$140|
|Toyota Camry Hybrid||$1,222||$611||$102|
|Toyota Corolla LE||$1,474||$737||$123|
|Get Your Own Custom Quote Go|
Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Rate information does not factor in your specific Commerce City location which can modify premium rates significantly.
Annual premiums comparing men and women
The example below shows the difference between auto insurance costs for male and female drivers in Commerce City. The costs are based on no accidents, no driving violations, comp and collision included, $250 deductibles, drivers are not married, and no other discounts are factored in on a Nissan Altima Hybrid.
Nissan Altima rates are for example purposes only. To get rate quotes for your specific vehicle, click here.
Commerce City insurance discounts
Insurance can be prohibitively expensive, but there could be significant discounts to cut the cost considerably. Many of these discounts will be applied automatically when you get a quote, but a few need to be inquired about before they will apply.
- Own a Home and Save - Being a homeowner may trigger a policy discount on insurance since home ownership is proof of financial responsibility.
- New Vehicle Savings - Putting insurance coverage on a new car can save up to 30% compared to insuring an older model.
- Accident Free - Good drivers with no accidents can earn big discounts in comparison with frequent claim filers.
- Theft Deterrent - Cars and trucks that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10% off your Commerce City car insurance quote.
- Government Employee Discount - Active or former government employment can save as much as 8% with certain companies.
- Telematics Discount - Insureds that choose to allow companies to scrutinize vehicle usage by installing a telematics device such as Allstate's Drivewise and State Farm's In-Drive system might get better premium rates as long as they are good drivers.
- Pay Now and Pay Less - If you pay your entire premium ahead of time rather than paying monthly you could save up to 5%.
- Multiple Cars - Drivers who insure multiple vehicles with the same insurance company could earn a price break for each car.
- Sign Early and Save - A few insurance companies allow discounts for switching companies early. It's a savings of about 10%.
Just know that most credits do not apply to the entire policy premium. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, insurance companies wouldn't stay in business. Any qualifying discounts will help reduce the amount you pay for coverage.
A few of the larger companies and a selection of discounts are included below.
- GEICO offers discounts for military active duty, multi-vehicle, air bags, five-year accident-free, good student, and federal employee.
- Mercury Insurance has discounts for good driver, low natural disaster claims, professional/association, multi-car, and location of vehicle.
- Farmers Insurance discounts include mature driver, bundle discounts, teen driver, pay in full, business and professional, and youthful driver.
- Auto-Owners Insurance may offer discounts for anti-theft, paid in full, multiple vehicles, safe driver, and good student.
- Liberty Mutual offers premium reductions for new move discount, new vehicle discount, multi-car, safety features, and teen driver discount.
- SAFECO has savings for anti-lock brakes, teen safety rewards, drive less, multi-car, and safe driver.
- Progressive policyholders can earn discounts including good student, homeowner, multi-vehicle, online signing, online quote discount, and multi-policy.
- USAA offers discounts including multi-policy, good student, new vehicle, loyalty savings, driver training, vehicle storage, and safe driver.
Before buying, ask each company or agent which discounts you qualify for. A few discounts may not apply to policyholders everywhere. To locate insurers with the best insurance discounts in Colorado, click here to view.
Why auto insurance is not optional
Even though rates can get expensive, maintaining insurance is required by state law in Colorado and it also provides benefits you may not be aware of.
- The majority of states have minimum mandated liability insurance limits which means state laws require a specific minimum amount of liability protection in order to get the vehicle licensed. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your vehicle has a lienholder, more than likely the lender will make it mandatory that you have insurance to ensure they get paid if you total the vehicle. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your vehicle at a much higher premium rate and require you to fork over for the much more expensive policy.
- Auto insurance preserves not only your vehicle but also your financial assets. It will also reimburse you for medical bills for yourself as well as anyone injured by you. One policy coverage, liability insurance, also pays expenses related to your legal defense if you are named as a defendant in an auto accident. If mother nature or an accident damages your car, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your vehicle greatly outweigh the cost, especially if you ever need it. The average driver in Colorado overpays more than $865 each year so we recommend shopping around each time the policy renews to ensure rates are competitive.
Tailor your auto insurance coverage to you
Always remember that when buying the right insurance coverage for your personal vehicles, there really is no one size fits all plan. Each situation is unique.
For instance, these questions may help highlight if your insurance needs would benefit from an agent's advice.
- Can I afford low physical damage deductibles?
- Will damage be repaired with OEM parts?
- Why am I required to get a high-risk car insurance policy?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Do I get a pro-rated refund if I cancel my policy early?
- Is my vehicle covered by my employer's policy when using it for work?
- What is motorclub and do I need it?
- Do I have coverage if my license is suspended?
- Is other people's property covered if stolen from my vehicle?
- What is medical payments coverage?
If it's difficult to answer those questions but a few of them apply, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form. It's fast, free and may give you better protection.