Trying to find cost effective auto insurance is easier said than done, and figuring out which insurers offer the cheapest insurance rates in Northglenn calls for a bit more work.
Every insurance provider uses a slightly different approach for establishing rates, so let's begin by taking a look at the insurance companies with the overall cheapest rates in Colorado. It's important to know that Northglenn insurance rates are influenced by many factors that may substantially change your annual premium. This is why it is critical to spend some time comparing rates to find the most economical car insurance rates in Northglenn. Rates are impacted by many factors and can increase or decrease at any time, so the most economical company when you bought your policy may now be an over-priced policy.
|Rank||Company||Cost Per Year|
|15||Colorado Farm Bureau||$1,592|
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The Hartford offers some of the most affordable car insurance rates in Northglenn at around $850 annually. Grange, USAA, Nationwide, and Travelers would also make the list of some of the cheaper Northglenn, CO insurance companies.
As the example above demonstrates, if you currently have coverage with Travelers and switched to Grange, you could earn a yearly savings of approxmiately $205. Customers with GEICO could save as much as $209 a year, and Auto-Owners policyholders might reduce prices by as much as $226 a year.
It's important to note that these premium estimates are averages for all insureds and vehicles and do not factor in an exact zip code location in Northglenn. So the insurer that has the cheapest rates for you may not even be in the top 21 companies in the list above. That illustrates why you need to compare rates from multiple companies using your own specific driver information and vehicle.
For drivers in Northglenn, one of the more important things that help determine insurance cost is where your residence is. Cities with larger populations or higher claim trends tend to have higher rates, whereas areas with less people or fewer weather incidents have the benefit of cheaper auto insurance prices.
The following table lists the most expensive places in Colorado in which to buy car insurance. Northglenn ranks #9 with an annual cost of $1,290 for the average policy, which is around $108 each month.
|Rank||City||Average Per Year|
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Rate quotes are comparative as zip code location can affect price quotes greatly.
The vehicle model you are buying coverage for is one of the largest considerations when comparison shopping for cheaper car insurance in Northglenn. Vehicles with average performance, a great safety record, or a track record of few liability claims will cost significantly less to insure than higher performance models. The list below illustrates car insurance prices for the more afforable vehicles to buy insurance for.
|Vehicle Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 4WD||$1,299|
|Honda Accord EX 4-Dr Sedan||$1,436|
|Ford Escape Limited 4WD||$1,512|
|Hyundai Elantra SE 4-Dr Sedan||$1,586|
|Hyundai Sonata GLS 4-Dr Sedan||$1,611|
|Jeep Wrangler Unlimited Sahara 4WD 4-Dr||$1,632|
|Chevrolet Impala LT||$1,647|
|Chevrolet Equinox LT 2WD||$1,653|
|Ford Focus S 4-Dr Sedan||$1,657|
|Ford Edge SEL AWD||$1,667|
|Ford Explorer Limited 2WD||$1,680|
|Dodge Grand Caravan SXT||$1,687|
|Toyota RAV4 Limited 2WD||$1,695|
|Chevrolet Malibu LS||$1,700|
|GMC Sierra SLT Crew Cab 4WD||$1,726|
|Toyota Tacoma Double Cab TRD Sport Package 4WD||$1,731|
|Ford F-150 FX4 4WD||$1,741|
|Honda Civic LX 4-Dr Sedan||$1,736|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,739|
|Dodge Ram Crew Cab SLT 4WD||$1,751|
|Dodge Ram 3500 Mega Cab Laramie 2WD||$1,754|
|Nissan Rogue SL 2WD||$1,761|
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Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Information does not factor in garaging location in Northglenn, CO which can change coverage prices noticeably.
Based upon these rates, we can assume that models like the Honda CR-V, Honda Accord, and Ford Escape are going to be a few of the most affordable vehicles to insure for drivers in Northglenn.
Types of discounts on Northglenn car insurance
Car insurance companies that sell policies in Northglenn could also offer special discounts that can lower rates by as much as 30% if you are eligible for them. Larger auto insurance companies and some of the premium reductions they offer can be read below.
- State Farm may include discounts for driver's education, Drive Safe & Save, accident-free, multiple autos, student away at school, and Steer Clear safe driver discount.
- American Family discounts include multi-vehicle, good student, air bags, good driver, and TimeAway discount.
- GEICO has discounts for air bags, seat belt use, emergency military deployment, defensive driver, and anti-theft.
- 21st Century policyholders can earn discounts including theft prevention, driver training, homeowners, air bags, and teen driver.
- Progressive includes discounts for multi-vehicle, good student, homeowner, online signing, multi-policy, online quote discount, and continuous coverage.
The diagram below visualizes the comparison of car insurance costs with and without discounts. The premiums are based on a female driver, no accidents, no driving violations, Colorado state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The lower bar shows the rates with marriage, claim-free, anti-theft, defensive driving course, multiple policy, and safe-driver discounts applied. When these discounts are applied to the policy premium, the average amount saved each year on auto insurance in Northglenn is 28% or $476.
Impact of violations and accidents on rates in Northglenn
The ideal way to enjoy affordable auto insurance prices in Colorado for drivers in Northglenn is to drive safely and avoid accidents and violations. The diagram below shows how speeding tickets and at-fault accidents can drive up insurance prices for different age groups. The data assumes a single male driver, full coverage, $1,000 deductibles, and no discounts are factored in.
In the previous chart, the average cost of a car insurance policy per year with no violations or accidents is $1,476. Factor in one speeding ticket and the average cost surges to $1,665, an increase of $189 each year. Next add one accident along with the one speeding ticket and the 12-month cost of auto insurance in Northglenn goes up to an average of $2,188. That's an increase of $712, or $59 per month, just for not being attentive to the road!
The example below demonstrates how deductibles can change premium costs when trying to find cheap insurance in Northglenn. The price estimates are based on a married female driver, full coverage, and no policy discounts are applied.
The data above shows that a 40-year-old driver could lower their car insurance rates by $324 a year by increasing from a $100 deductible up to a $500 deductible, or save $488 by changing to a $1,000 deductible. Younger drivers, like the 20-year-old category, could shave as much as $802 or even more by choosing larger deductibles on their policy. If you make the decision to raise deductibles, it is a good idea to have enough savings to satisfy the extra out-of-pocket expense, which is the main disadvantage of using high deductibles.