Insurance quote for BMW X5 in Fort CollinsWould you like to save money by finding the cheapest BMW X5 insurance in Fort Collins? Feeling guilty for buying an overpriced auto insurance policy? Believe me, you are not the only one feeling buyer's remorse.

Regrettably, the vast majority of consumers renewed their policy with the same company for well over three years, and virtually 40% of consumers have never shopped around. With the average auto insurance premium being $1,813, Colorado drivers could cut their rates by nearly 35% a year just by comparing rates, but they underestimate how much savings they would realize if they just switched companies. There are many insurance companies to insure vehicles with, and even though it's nice to have a choice, too many choices makes it more difficult to locate the cheapest rates for BMW X5 insurance in Fort Collins.

It's important to do rate comparisons on a regular basis because auto insurance prices trend upward over time. If you had the best rates on BMW X5 insurance in Fort Collins last year other companies may now be cheaper. You'll find a ton of advice on X5 insurance online, but by reading this article, you're going to learn some great ideas on how to reduce your auto insurance bill.

Our objective in writing this article is to help you learn how to get online quotes and how you can save the most money. If you currently have car insurance, you will definitely be able to cut your premiums using these techniques. Consumers just need to learn the most efficient way to compare rates online.

The companies shown below provide price comparisons in Colorado. If multiple providers are shown, it's a good idea that you click on several of them to get the most affordable price.

BMW X5 Insurance Rates in Fort Collins, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
X5 3.0I AWD $210 $340 $352 $20 $106 $1,028 $86
X5 3.5D AWD $290 $514 $330 $20 $98 $1,252 $104
X5 4.8I AWD $212 $360 $362 $22 $108 $1,064 $89
X5 M AWD $384 $768 $396 $24 $118 $1,690 $141
Get Your Own Custom Quote Go

Prices based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Rates do not factor in specific location information which can revise auto insurance rates greatly.

Deductible comparison

The example below shows how different deductible levels and can increase or decrease BMW X5 insurance rates for each different age group. The prices are based on a single female driver, full physical damage coverage, and no discounts are applied.

Impact of age and gender on auto insurance rates

The example below visualizes the comparison of BMW X5 insurance premiums for male and female drivers. The information is based on no claims or driving citations, full coverage, $250 deductibles, marital status is single, and no discounts are taken into consideration.

How much more does full coverage cost?

The information below shows the comparison of BMW X5 insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The premiums assume no claims or violations, $100 deductibles, single female driver, and no other discounts are factored in.

When to drop comprehensive and collision coverage

There is no clear-cut rule that is best for determining when to drop physical damage coverage, but there is a guideline you can consider. If the annual cost of coverage is more than 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

For example, let's say your BMW X5 claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $4,000 after paying your policy deductible. If you are paying in excess of $400 annually to have full coverage, then you might want to consider buying only liability coverage.

There are some situations where dropping full coverage is not in your best interest. If you still have a loan on your vehicle, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Auto insurance just makes sense

Despite the fact that auto insurance is not cheap in Fort Collins, insurance may not be optional for several reasons.

The benefits of buying enough insurance more than offset the price you pay, especially if you ever need it. Despite what companies tell you, the average driver is overpaying over $850 per year so we recommend shopping around once a year at a minimum to ensure rates are inline.

Why Smart Consumers Pay Less for BMW X5 Insurance

It's important that you understand some of the factors that help determine the level of your policy premiums. If you know what controls the rates you pay, this empowers consumers to make smart changes that may result in lower premium levels. Lots of factors are taken into consideration when premium rates are determined. A few of the factors are predictable like a motor vehicle report, but other factors are less obvious such as your credit history or your vehicle rating.

Earn discounts on Fort Collins car insurance

Companies offering auto insurance don't always publicize their entire list of discounts very clearly, so here is a list some of the best known and the more hidden discounts that you may qualify for. If you check and find you aren't receiving every discount available, you could be getting lower rates.Car insurance discounts

A little note about advertised discounts, most discounts do not apply to the entire cost. Most only reduce the cost of specific coverages such as liability, collision or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, you aren't that lucky.

Some of the insurance companies that may include most of these discounts may include but are not limited to:

When quoting, ask each insurance company how many discounts you can get. Some discounts might not be offered in every state. To view providers that offer some of these discounts in Fort Collins, click here to view.

Shop online but buy locally

A small number of people just prefer to talk to a local agent and that is not a bad decision Agents can help you build your policy and will help you if you have claims. A nice benefit of getting free rate quotes online is the fact that you can find cheap car insurance rates and still choose a local agent. Supporting neighborhood insurance agencies is definitely important in Fort Collins.

Insurance agency in Fort CollinsTo help locate an agent, after submitting this quick form, your information is submitted to participating agents in Fort Collins that can give you free Fort Collins auto insurance quotes and help you find cheaper coverage. You won't need to leave your computer as quotes are delivered to your email. If you wish to compare prices from a specific insurance company, just navigate to their website and fill out their quote form.

What type of Fort Collins auto insurance agent is right for you?

If you are wanting to purchase car insurance from a local Fort Collins insurance agent, it helps to know the two different types of agencies that you can choose from. Car insurance policy providers can be categorized as either exclusive agents or independent agents. Both can sell and service car insurance coverage, but it's worth learning how they are different since it could factor into your selection of an agent.

Independent Car Insurance Agents (or Brokers)

Agents of this type are appointed with more than one company and that allows them to write policies with many different companies and find you cheaper rates. If they find a cheaper price, your agent can just switch to a different company and that require little work on your part. When searching for an agent, we recommend you get insurance quotes from several independent insurance agents so that you can do a thorough price comparison.

Shown below are independent insurance agencies in Fort Collins who may provide competitive price quotes.

144 N Mason St # 5 - Fort Collins, CO 80524 - (970) 672-8853 - View Map

525 N Denver Ave - Loveland, CO 80537 - (970) 622-9734 - View Map

1719 E Mulberry St - Fort Collins, CO 80524 - (970) 663-5811 - View Map

View more Fort Collins agents

Exclusive Car Insurance Agents

Exclusive insurance agents can only provide pricing for a single company and examples are State Farm or Allstate. They generally cannot provide other company's prices so they have no alternatives for high prices. These agents are trained well on sales techniques and that can be a competitive advantage.

The following are exclusive insurance agents in Fort Collins that are able to give rate quotes.

Ironwood Plaza, 3201 E Mulberry St h - Fort Collins, CO 80524 - (970) 224-5757 - View Map

Ste B6, 2427 S College Ave - Fort Collins, CO 80525 - (970) 226-1800 - View Map

1200 S College Ave #302 - Fort Collins, CO 80524 - (970) 449-4271 - View Map

View more Fort Collins agents

Finding the right insurance agent requires more thought than just a low price. Before buying a policy in Fort Collins, get answers to these questions.

Find affordable rates by being thorough

In this article, we presented many tips how you can reduce BMW X5 insurance premium rates online in Fort Collins. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even find the best price on insurance is with an unexpected company. These companies can often insure niche markets at a lower cost than the large multi-state companies such as GEICO and State Farm.

Some companies do not offer online rate quotes and these regional carriers work with independent agents. Lower-priced BMW X5 insurance in Fort Collins can be found from both online companies in addition to local insurance agencies, and you need to price shop both to have the best chance of lowering rates.

When getting Fort Collins auto insurance quotes online, make sure you don't reduce needed coverages to save money. In many instances, an insured cut physical damage coverage and discovered at claim time they didn't purchase enough coverage. Your strategy should be to buy enough coverage for the lowest cost and still be able to protect your assets.

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