Pretty sure you bought an expensive auto insurance policy? Believe me, there are many Colorado Springs consumers feeling the pinch from expensive auto insurance.
Inconceivable but true, the vast majority of consumers have bought auto insurance from the same company for at least four years, and practically 40% of auto insurance customers have never taken the time to shop around. Consumers in Colorado Springs could save themselves almost 35% a year just by getting comparison quotes, but they just don't understand the actual amount they would save if they switched.
Due to the large number of choices for buying cheap insurance for a Lincoln Navigator in Colorado Springs, it can be challenging to find the lowest cost insurer.
The best way to compare rates for Lincoln Navigator insurance in Colorado Springs is to know most of the bigger providers participate in a system to give you rate quotes. The only thing you need to do is provide the companies a bit of rating information like if you require a SR-22, if you went to college, how much coverage you want, and what you do for a living. The data gets transmitted to many highly-rated insurers and they return rate quotes almost instantly.
To compare rates for your Lincoln Navigator now, click here and enter your zip code.
The companies shown below are ready to provide quotes in Colorado Springs, CO. If multiple providers are shown, we suggest you visit two to three different companies to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Navigator L 2WD||$264||$516||$396||$24||$118||$1,318||$110|
|Navigator L 4WD||$420||$740||$352||$20||$106||$1,638||$137|
|Get Your Own Custom Quote Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, safe-driver, claim-free, and homeowner. Price information does not factor in Colorado Springs location which can influence rates noticeably.
Impact of careless driving on auto insurance rates
The chart below illustrates how speeding tickets and at-fault fender-benders impact Lincoln Navigator insurance premiums for each different age group. The data assumes a married male driver, full coverage, $1,000 deductibles, and no policy discounts are applied.
Comparison of policy deductibles
The example below shows how choosing a deductible and can influence Lincoln Navigator insurance costs for different categories of driver ages. Data assumes a single male driver, comp and collision included, and no discounts are applied to the premium.
Lincoln Navigator annual premiums for males versus females
The information below shows the comparison of Lincoln Navigator insurance premiums for male and female drivers. The information is based on no driving violations, no at-fault accidents, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no discounts are applied.
Do you qualify for discounts?
Some insurance providers do not advertise every disount available very well, so below is a list a few of the more well known and the harder-to-find credits that you can use to lower your rates.
- Discounts for Responsible Drivers - Insureds without accidents may save up to 50% more than drivers with accident claims.
- Clubs and Organizations - Having an affiliation with a professional or civic organization could trigger savings on your policy.
- Multi-line Discount - Not every insurance company offers life insurance, but if they do you may earn a break if you buy life insurance.
- Telematics Discount - People who choose to allow companies to look at their driving habits by using a telematic data system such as Progressive's Snapshot and State Farm's In-Drive could see a rate decrease if they show good driving skills.
- ABS Brakes - Vehicles with ABS and/or traction control are much safer to drive so companies give up to a 10% discount.
- Pay Upfront and Save - If you pay your entire premium ahead of time instead of making monthly payments you can actually save on your bill.
- Waiver for an Accident - This one isn't a discount, but companies like Liberty Mutual, Allstate and State Farm permit an accident before your rates go up if you are claim-free for a specific time period.
- Driver Training Discounts - Taking time to complete a course in defensive driving may get you a small discount if you qualify.
- Driver Education Discount - Require your teen driver to enroll and complete driver's education if it's offered in school.
- Government Employee Discount - Having worked for a branch of the government can earn a discount up to 10% but check with your company.
One last thing about discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to individual premiums such as physical damage coverage or medical payments. Even though the math looks like having all the discounts means you get insurance for free, insurance companies aren't that generous. But all discounts should help lower the amount you have to pay.
If you would like to choose from a list of providers who offer free Lincoln Navigator insurance quotes in Colorado Springs, click here.
Seven factors that affect insurance prices
Many different elements are part of the calculation when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, but other criteria are not as apparent such as your credit history or your vehicle rating.
Certain jobs pay higher rates - Occupational choices like real estate brokers, air traffic controllers, and accountants usually pay higher average rates in part from job stress and lots of time spent away from family. On the other hand, occupations like farmers, engineers and retirees have lower than average premiums.
Cheaper rates by bundling - Some insurance companies afford lower prices to buyers who have multiple policies with them in the form of a multi-policy discount. The discount can be 10 percent or more. Even with this discount, it's always a smart idea to compare other Colorado Springs Navigator insurance rates to guarantee you are still saving the most. You may still be able to find lower rates by buying from different companies
Gals tend to take less risk - Statistics demonstrate females are less aggressive when driving. It does not mean men are worse drivers. Both genders cause accidents at a similar rate, but guys tend to have higher claims. Men also tend to get more serious tickets like DWI (DUI) or reckless driving. Young men ages 16 to 20 are the most expensive to insure and therefore have the most expensive auto insurance rates.
High insurance claims frequency drives up premiums - Auto insurance companies in Colorado give better rates to drivers who do not rely on their insurance for small claims. If you file claims often, you can definitely plan on much higher rates or policy non-renewal. Auto insurance is meant to be used in the event of claims that you cannot pay yourself.
Deter car thieves - Buying a car with anti-theft technology or alarm system can get you a discount on your auto insurance. Advanced theft deterrents such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can thwart your vehicle from being stolen.
More performance means higher premiums - The performance of the vehicle you need to insure makes a huge difference in your car insurance bill. The lowest rates are for the lowest performance passenger models, but that's not the only thing that factors into the final price. Because the Lincoln Navigator is a luxury SUV, rates will be substantially more in price when compared to the average rates in Colorado Springs.
Drivers with good credit save - Having a bad credit history will be a significant factor in calculating your premium rate. If your credit rating is low, you could be paying less to insure your Lincoln Navigator by spending a little time repairing your credit. People with good credit tend to file fewer claims and have better driving records than drivers who have lower credit scores.
Lincoln Navigator insurance loss probability - Car insurance companies take into consideration insurance loss statistics for every vehicle when setting rates for each model. Vehicles that tend to have higher claim amounts or frequency will cost more to insure. The table below illustrates the compiled insurance loss statistics for Lincoln Navigator vehicles.
For each insurance policy coverage type, the claim probability for all vehicles, regardless of make, model or trim level, is represented as 100. Numbers under 100 suggest a better than average loss history, while numbers above 100 point to more frequent losses or statistically larger claims.
Insurance Loss Ratings for Lincoln Navigator Vehicles
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Lincoln Navigator 4dr 2WD||109||114||61|
|Lincoln Navigator 4dr 4WD||93||89||82|
|Lincoln Navigator L 4dr 2WD||129||69|
|Lincoln Navigator L 4dr 4WD||101||116||119|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Do I need an insurance agency?
Certain consumers prefer to sit down and talk to an agent and that is OK! The biggest benefit of comparing car insurance online is that you can obtain cheap rate quotes but still work with a licensed agent. Buying from neighborhood insurance agencies is especially important in Colorado Springs.
After filling out this simple form, the quote information is emailed to companies in Colorado Springs who will return price quotes for your insurance coverage. You won't even need to drive around due to the fact that quote results will go to you directly. You can get cheaper car insurance rates AND a local agent. If you want to compare rates from a specific car insurance provider, just visit that company's website and fill out the quote form the provide.
Types of auto insurance agents
If you are wanting to purchase car insurance from a good Colorado Springs insurance agent, there are a couple of types of agencies and how they work. Agents are considered either independent or exclusive.
Independent Insurance Agents
These agents are not restricted to one company and that gives them the ability to insure with lots of companies and find you the best rates. If they find a lower price, they simply switch companies in-house and you won't have to switch agencies. When comparing car insurance prices, you absolutely need to get quotes from several independent insurance agents to have the best price comparison.
The following is a partial list of independent agents in Colorado Springs that may be able to give free rate quotes.
ALINK Insurance Services- Colorado Springs Location
2407 W Colorado Ave - Colorado Springs, CO 80904 - (719) 473-6262 - View Map
Exclusive Insurance Agencies
These type of agents can usually just insure with one company such as Allstate, Farmers Insurance, State Farm, and AAA. These agents are not able to place coverage with different providers so they are skilled at selling on more than just price. Exclusive agencies are trained well on sales techniques which helps them compete with independent agents.
Below is a list of exclusive insurance agents in Colorado Springs that are able to give rate quotes.
Larry Lucero - State Farm Insurance Agent
5225 Academy Blvd N #108 - Colorado Springs, CO 80918 - (719) 599-8661 - View Map
Finding the right insurance agent needs to be determined by more than just a cheap quote. These are some valid questions you should ask.
- Will their companies depreciate repairs to your car based on the mileage?
- Do they feel the quoted coverages are adequate?
- Do they make recommendations based only on price?
- Do they assist clients in filing claims?
- Will one accident increase rates?
- If your car is totalled, how to they determine the replacement cost?
- Are there any hidden costs in their price quote and does it include driving and credit history?
Ads can be misleading
Auto insurance providers like State Farm, GEICO and Progressive constantly bombard you with ads on TV and radio. They all have a common claim that drivers will save a bundle just by switching your auto insurance policy to them. How is it plausible that every one can give you a better price on Lincoln Navigator insurance in Colorado Springs? You have to listen carefully.
Most companies look for specific characteristics for the type of driver that earns them the highest profit. For instance, a profitable customer should be a mature driver, carries full coverage, and drives a car with an anti-theft system. Any new insured who matches that profile will get low car insurance rates and will most likely save some money.
Consumers who do not meet the ideal profile may be forced to pay higher rates and this results in the driver buying from a lower-cost company. If you pay close attention to the ads, they say "customers who switch" not "everyone that quotes" save that much money. That's why insurance companies can make the claims of big savings.
Each company has different criteria, so you should do a price quote comparison at every renewal. Because you cannot predict which insurance companies will give you the biggest savings.
Do the work, save more money
You just read some good ideas how you can lower your Lincoln Navigator insurance premium rates in Colorado Springs. The most important thing to understand is the more providers you compare, the better your comparison will be. Drivers may even discover the lowest premium rates come from a small local company. Smaller companies may have significantly lower prices on certain market segments than the large multi-state companies such as State Farm, GEICO and Nationwide.
There are still a few companies who don't offer internet price quotes and most of the time these regional carriers sell through local independent agents. Affordable Lincoln Navigator insurance in Colorado Springs can be bought online and with local Colorado Springs insurance agents, so you should compare both so you have a total pricing picture.
When you buy Colorado Springs car insurance online, do not sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed liability limits or collision coverage to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy the best coverage you can find at the best possible price but still have enough coverage for asset protection.
More detailed auto insurance information can be read in the articles below:
- Side airbags reduce rollover fatalities (Insurance Institute for Highway Safety)
- Who Has Affordable Auto Insurance Quotes for Retired Military in Colorado? (FAQ)
- How Much is Colorado Auto Insurance for First-time Drivers? (FAQ)
- What Car Insurance is Cheapest in Littleton, Colorado? (FAQ)
- How Much are Colorado Car Insurance Quotes After a Speeding Ticket? (FAQ)
- What Car Insurance is Cheapest in Arvada, Colorado? (FAQ)
- Determing Auto Insurance Rates (GEICO)
- What is Covered by GAP Insurance? (Allstate)
- How Much Auto Coverage do I Need? (Insurance Information Institute)