How long has it been since you sat down and looked for cheaper auto insurance rates in Thornton, CO? Finding better insurance prices for your car in Colorado could 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 we'll show you the best way to get price quotes for your and find the lowest possible price.

Consumers need to check auto insurance prices occasionally due to the fact that insurance prices trend upward over time. Just because you found the lowest quotes on auto insurance on your last policy you may be paying too much now. Ignore everything you know about auto insurance because you're about to find out the right way to buy cheaper auto insurance.

Cheap companies for Thornton car insurance

The companies shown below have been selected to offer comparison quotes in Thornton, CO. If multiple companies are shown, we suggest you click on several of them in order to find the most affordable rates.

Insurance Estimates for Popular Vehicles in Thornton
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Extended Cab 2WD $1,364 $682 $114
Chevrolet Silverado LS Extended Cab 4WD $1,090 $545 $91
Dodge Ram Quad Cab Laramie 2WD $1,248 $624 $104
Ford Escape Limited 2WD $1,082 $541 $90
Ford F-150 XL Regular Cab 2WD $948 $474 $79
Ford Focus SES 2-Dr Coupe $1,342 $671 $112
GMC Sierra SLE Crew Cab 4WD $1,344 $672 $112
Honda Accord LX-P 4-Dr Sedan $938 $469 $78
Honda CR-V EX-L 4WD $818 $409 $68
Honda Civic DX 2-Dr Coupe $1,086 $543 $91
Hyundai Sonata GLS 4-Dr Sedan $994 $497 $83
Jeep Wrangler Unlimited Sport 4WD 4-Dr $1,150 $575 $96
Mazda 3 S Grand Touring 4-Dr Hatchback $876 $438 $73
Nissan Altima 2.5 S 4-Dr Sedan $1,296 $648 $108
Nissan Rogue SL AWD $1,018 $509 $85
Toyota Camry LE $1,508 $754 $126
Toyota Corolla XRS $1,646 $823 $137
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Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in specific location information which can revise prices noticeably.

How much more does full coverage cost?

The illustration below shows the comparison of Ford Escape insurance rates with and without physical damage coverage. The information is based on no claims or driving violations, $100 deductibles, single female driver, and no policy discounts are applied.

Ford Escape rates are for example purposes only. To get rates for your specific vehicle, click here.

Should you pay for full coverage or liability only?

There is no clear-cut rule that is best for determining when to drop physical damage insurance, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of any settlement you would receive from your insurance company, then it's probably a good time to buy liability coverage only.

For example, let's assume your Ford Escape replacement cost is $6,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $5,000 after the deductible is paid. If you are paying in excess of $500 annually to have full coverage, then you may want to consider only buying liability coverage.

There are a few cases where dropping full coverage is not a good plan. If you haven't paid off your loan, you have to carry full coverage as part of the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not opt for liability only.

Should you raise deductibles?

One common question asked by Thornton drivers is how high should the deductibles for physical damage be. The figures shown below can help illustrate the rate fluctuation when you select higher and lower coverage deductibles. The first table uses a $100 comprehensive and collision deductible and the second rate chart uses a $500 deductible.

Ford Focus rates are for example purposes only. To get rates for your specific vehicle, click here.

Ford Focus insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Focus S 4-Dr Sedan $264 $546 $352 $20 $106 $1,313 $109
Focus SE 4-Dr Sedan $264 $546 $352 $20 $106 $1,313 $109
Focus SEL 4-Dr Sedan $264 $644 $352 $20 $106 $1,411 $118
Focus SES 4-Dr Sedan $264 $644 $352 $20 $106 $1,411 $118
Focus SE 2-Dr Coupe $302 $644 $396 $24 $118 $1,509 $126
Focus SES 2-Dr Coupe $302 $644 $396 $24 $118 $1,509 $126
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Ford Focus insurance premium estimates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Focus S 4-Dr Sedan $192 $368 $352 $20 $106 $1,038 $87
Focus SE 4-Dr Sedan $192 $368 $352 $20 $106 $1,038 $87
Focus SEL 4-Dr Sedan $192 $434 $352 $20 $106 $1,104 $92
Focus SES 4-Dr Sedan $192 $434 $352 $20 $106 $1,104 $92
Focus SE 2-Dr Coupe $220 $434 $396 $24 $118 $1,192 $99
Focus SES 2-Dr Coupe $220 $434 $396 $24 $118 $1,192 $99
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Price estimates do not factor in zip code location which can change auto insurance rates substantially.

Based on the figures above, using a $100 deductible would cost the average driver about $25 more each month or $300 annually than quoting the higher $500 deductible. Since you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 16 months between claims, you would most likely save money if you choose a higher deductible.

Analysis of deductible levels

The illustration below demonstrates how choosing different deductibles and can influence Honda Civic insurance costs for each age group. The prices are based on a single female driver, full physical damage coverage, and no discounts are factored in.

Honda Civic rates are for example purposes only. To get rates for your specific vehicle, click here.

Informed drivers save more

Many things are taken into consideration when you get a price on insurance. Some of the criteria are obvious such as your driving record, although others are more transparent like your continuous coverage or your vehicle rating.

Keep rates low by being claim-free - If you file claims often, you should expect either higher rates or even cancellation. Auto insurance companies in Colorado generally give better rates to drivers who only file infrequent claims. Your insurance policy is intended for larger claims.

Save money by having multiple policies - Some insurance companies will award discounts to people who buy several policies from them, otherwise known as a multi-policy discount. Even if you already get this discount, it's still a good idea to check prices from other companies to confirm you are receiving the best rates possible.

Vocation reflects on premiums - Occupations such as military generals, airline pilots, and miners tend to pay higher rates than average because of high stress and incredibly demanding work hours. On the other hand, jobs like farmers, historians and performers pay lower than average rates.

Decrease rates by maintaining coverage - Driving any period of time without insurance is illegal and you will pay a penalty because you let your insurance lapse. Not only will you pay more, getting caught without coverage will get you fines or a revoked license. You may have to submit proof of financial responsibility or a SR-22 with the Colorado motor vehicle department.

Big cities mean more claims - Having an address in less populated areas of the country has it's advantages when trying to find low car insurance rates. People in densely populated areas have to deal with congested traffic and a longer drive to work. Fewer drivers and short commutes means reduced accidents.

Lower-cost Thornton insurance rates with discounts

Insurance can be prohibitively expensive, but you may be missing some discounts that can help lower your rates. Certain reductions will be credited when you complete an application, but some discounts are required to be specially asked for before you get the savings.Save money with discounts

Don't be shocked that some credits don't apply to all coverage premiums. Most only apply to the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, you're out of luck.

The best insurance companies and the discounts they provide are outlined below.

When quoting, ask each company or agent which credits you are entitled to. Depending on the company, some discounts may not be offered in every state. To see insurance companies that offer discounts in Thornton, click here.

Can't I compare rates from local Thornton auto insurance agents?

A small number of people just want to visit with an insurance agent and that is just fine! Agents are very good at helping people manage risk and help file insurance claims. One of the benefits of getting online price quotes is the fact that you can find cheap insurance rates but also keep your business local.

Insurance agency in ThorntonBy using this short form, the quote information is submitted to participating agents in Thornton who will give you quotes to get your business. There is no reason to leave your computer because quoted prices will be sent immediately to you. If you have a need to get a comparison quote for a specific company, you just need to search and find their rate quote page and complete a quote there.

Selecting an provider is decision based upon more than just the bottom line cost. Any good agent in Thornton should know the answers to these questions.

When researching a reliable insurance agent, you should know the different agency structures and how they differ in how they can insure your vehicles. Insurance agents in Thornton can either be exclusive agents or independent agents. Both types can provide insurance policies, but we need to point out the difference between them since it could factor into the selection process.

Exclusive Insurance Agencies

Agents that choose to be exclusive have only one company to place business with like State Farm, Allstate, and Farm Bureau. These agents are unable to compare other company's rates so you need to shop around if the rates are high. Exclusive agents are very knowledgeable on what they offer which helps offset the inability to provide other markets. Some insured continue to buy from the same agent for years mainly due to loyalty to the company rather than having low rates.

Independent Insurance Agencies

These type of agents can sell policies from many different companies so they can quote policies with multiple insurance companies and find the cheapest insurance rates. If they quote lower rates, the business is moved internally without you having to go to a different agency. If you are comparing insurance prices, you definitely need to include rate quotes from several independent agencies for the best price selection. A lot of them also have access to smaller regional carriers which can save you money.

After talking to the agent and getting acceptable answers to any questions you have in addition to an acceptable price estimate, it's a good possibility that you have found an insurance agent that meets the criteria to service your policy. But remember, you have the power to cancel your coverage whenever you wish so never assume that you are obligated to a policy with no way to switch.

Do drivers who switch really save $460 a year?

Consumers can't get away from ads that claim the cheapest premium rates from the likes of Progressive, Allstate and GEICO. They all say the same thing that drivers will save a bundle after switching your auto insurance policy to them.

How do they all save you money on auto insurance? It's all in the wording.

Companies have specific guidelines for the type of insured that will add to their bottom line. An example of a driver they prefer may need to be over the age of 45, is a homeowner, and drives less than 5,000 miles a year. Anyone that hits that "sweet spot" will get low car insurance rates and will most likely save a lot on Thornton auto insurance if they switch.

Insureds who do not fit those criteria must pay a more expensive rate and ends up with the customer buying from a different company. The ad wording is "people who switch" not "everyone who quotes" can get the lowest rates when switching. That's the way companies can make those claims. Each company has different criteria, so drivers should compare rate quotes every year. You cannot predict which insurance companies will have the lowest rate quotes.

Insurance claim statistics

Which vehicle models have severe claims? The tables below show the best and worst manufacturer models for the probability of filing claims orgainized by coverage.

Lowest and Highest Auto Insurance Liability Claims by Vehicle Make and Model
Lowest Claim Frequency Highest Claim Frequency
Subaru Forester Mitsubishi Mirage
Chevrolet Corvette Kia Optima
Mercedes-Benz SL Class Chevrolet Cruze
Acura MDX Chevrolet Sonic
Fiat 500 Dodge Charger
Audi A6 Mitsubishi Lancer

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Manufacturer Models with the Lowest and Highest Medical Payment Insurance Claims
Lowest Claim Frequency Highest Claim Frequency
Ford Expedition Chevrolet Sonic
Chevrolet Corvette Chrysler 200
Audi A4 Allroad Hyundai Accent
Ford F-250 SuperCrew Mitsubishi Lancer
Land Rover Range Rover Sport Dodge Charger
Ford F-350 SuperCrew Chevrolet Spark

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Lowest and Highest Collision Coverage Claims by Vehicle
Lowest Claim Frequency Highest Claim Frequency
Chevrolet Colorado Maserati Ghibli
Ford Edge Bently Continental GTC
Nissan Xterra Ferrari 458
GMC Canyon Maserati Granturismo
Ford F-150 SuperCrew BMW 6 Series
Ford F-250 SuperCab BMW M6

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Comprehensive Coverage Claims by Vehicle
Lowest Claim Frequency Highest Claim Frequency
Nissan Leaf BMW M6
GMC Sierra 2500 Bentley Continental GT
Smart ForTwo Porsche Panamera GTS
Volvo V60 Bentley Continental GTC
Nissan Xterra Mercedes-Benz S Class
Infiniti QX50 Audi S7

Data Source: (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Smart shoppers get results

People switch companies for a variety of reasons including lack of trust in their agent, an unsatisfactory settlement offer, policy non-renewal and even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new car insurance company can be easy and end up saving you some money.

Budget-conscious car insurance can be found online in addition to many Thornton insurance agents, so you should compare both so you have a total pricing picture. Some car insurance companies do not offer price quotes online and most of the time these smaller companies provide coverage only through independent insurance agencies.

When you buy Thornton car insurance online, it's very important that you do not buy lower coverage limits just to save a few bucks. There have been many situations where someone sacrificed physical damage coverage and learned later they didn't have enough coverage. The proper strategy is to buy the best coverage you can find at the best price, not the least amount of coverage.

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