Finding low-cost auto insurance is easier said than done, and determining which insurers offer the cheapest insurance rates in Grand Junction will take more quotes for comparison. Each insurer uses slightly different criteria to establish rates, so first we will examine the insurance companies with the overall cheapest rates in Grand Junction, CO.
|Rank||Company||Cost Per Year|
|15||Colorado Farm Bureau||$1,640|
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The Hartford may offer some of the cheapest car insurance rates in Grand Junction at around $850 each year. Grange, USAA, GEICO, and Nationwide would also make the list of some of the best Grand Junction, CO insurance companies.
As the example above demonstrates, if you currently have coverage with USAA and switched to The Hartford, you might achieve savings of approxmiately $179. Drivers with GEICO may save as much as $291 a year, and Nationwide insureds might see rate reductions of $293 a year.
To find out how much you can save, click here to start your custom quote or quote prices from the following companies.
Understand that those premium estimates are averages across all drivers and vehicles in Colorado and do not take into consideration an exact location in Grand Junction. So the auto insurance company that is most affordable for your situation may not even be in the top 21 companies shown above. That helps illustrate why you need to quote rates from as many companies as possible using your own personal information and vehicle type.
One of the more important things that are used to help calculate insurance cost is where your car is garaged. Cities with larger populations or higher claim trends are more likely to have higher rates, whereas areas with lower crime rates and fewer weather claims benefit from having to pay less for coverage.
The following table lists the most expensive places in Colorado to buy car insurance in. Grand Junction comes in at #22 with an annual rate of $1,166 on average, which is approximately $97 each month.
|Rank||City||Premium Per Year|
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Prices are comparative as specific Grand Junction zip code can decrease or increase auto insurance rates considerably.
Your cheap policy may actually be overpriced
Grand Junction, CO insurance rates are calculated based on many things that will increase or decrease the cost of having a policy. Simply getting older, buying a different home, or getting a ticket for careless driving can trigger changes in premium resulting in some rates now being cheaper than competitors.
And not only may your rating factors change, but auto insurance companies change prices multiple times each year to ensure their profitability. An unexpected high level of claims can cause rate hikes, while profitable underwriting can cause cheaper Grand Junction car insurance rates.
For instance, the data below shows rates for the cheapest car insurance in Grand Junction, CO for a 45-year-old male driver with no prior claims, no tickets, and solid credit. When quoting prices based on his current situation, The Hartford might offer the most affordable car insurance rates in Grand Junction at $879 annually. This is $699 less than the average rate paid by Colorado drivers of $1,578. Grange, USAA, Nationwide, and Travelers round out the rest of the cheapest Grand Junction, CO auto insurance companies.
In the next rate comparison, we'll give the driver from the first example an accident surcharge, slightly worse credit, and a speeding ticket. Because each insurer uses their own calculation for determing rates in each state, comparing insurance quotes could result in a significantly different list of the cheapest car insurance companies in Grand Junction as shown below.
Auto-Owners now has the cheapest price in Grand Junction with State Farm, American Family, Amica, and USAA also being competitive. This demonstrates why it is critical to compare many different companies to get the best auto insurance rates in Grand Junction. Insurance rates are calculated by many risk factors and can increase or decrease at any time, so the cheapest rate the last time you shopped around may now be quite expensive.
The vehicle model you are seeking coverage for is one of the primary factors that determines whether or not you can buy low-priced car insurance in Grand Junction. Vehicles with lower performance, excellent safety ratings, or a low likelihood of liability claims will cost much less to insure than high performance models. The information below presents car insurance premiums for a selection of the most economical vehicles to buy coverage for.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V LX 4WD||$875|
|Jeep Wrangler Sport 4WD 2-Dr||$906|
|Volkswagen Jetta 2.0T Station Wagon||$1,027|
|Ford Escape Limited 4WD||$1,069|
|Dodge Grand Caravan CV||$1,071|
|Chevrolet Malibu LTZ||$1,113|
|Ford Focus SE 4-Dr Sedan||$1,119|
|Chevrolet Impala LS||$1,113|
|Dodge Ram Crew Cab SLT 2WD||$1,130|
|Ford F-150 Lariat King Ranch 4WD||$1,132|
|Toyota Tacoma Double Cab 4WD||$1,157|
|Toyota RAV4 4WD||$1,168|
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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Rate quotes do not factor in specific location information which can affect auto insurance rates significantly.
By looking at the data, we can tell that cars like the Honda CR-V, Jeep Wrangler, Toyota Prius, and Volkswagen Jetta are the most affordable vehicles to insure for drivers in Grand Junction.
Violations and accidents raise rates
The ideal way to maintain cheap car insurance premiums for drivers in Grand Junction is to be a cautious driver and not have accidents or get tickets. The illustration below highlights how traffic violations and at-fault accidents can raise annual premium costs for each age group. Data assumes a married female driver, comp and collision included, $100 deductibles, and no discounts are applied.
The data above shows the average cost of a car insurance policy per year with no violations or accidents is $2,068. Receive one speeding ticket and the average cost jumps to $2,410, an increase of $341 each year. Now add one accident along with the one speeding ticket and the 12-month cost of car insurance in Grand Junction jumps again to an average of $3,388. That's an increase of $1,319, or $110 per month, just for a couple of infractions!
How to find economical auto insurance in Grand Junction
It is possible to find better rates, and here are a few money-saving solutions that can help you get more affordable coverage.
- Be a cautious driver
- Higher credit scores may earn you cheaper rates
- Vehicles with safetly features generally cost less to insure
- Increase your comprehensive and collision deductibles
- Avoid accidents
- Compare rates once a year for cheaper prices
That last idea is remarkably vital, as was noted in this write-up. Prices can change significantly in a year, so drivers shouldn't hesitate to buy from a different company if you find a cheaper price. Many drivers have brand loyalty and that's fine, but it's not recommended if that loyalty ends up costing thousands of dollars over the life of your policy. If you have a few minutes, now is a great time to compare prices and find cheaper insurance in Grand Junction.