If you're searching for lower-cost insurance online, are you frustrated by the wide range of car insurance sources that you can choose from? Lot's of other people are too. Colorado drivers have such a large number of options that it can easily turn into a real challenge to find the lowest price for Chrysler 300 insurance in Colorado Springs. Colorado Springs is a wonderful place to live, but trying to pay high car insurance rates can make it hard for many drivers to purchase enough protection.
Remarkably, a study showed that 70% of consumers have remained with the same car insurance company for at least four years, and practically 40% of car insurance customers have never quoted car insurance rates at all. Many drivers in Colorado Springs could cut their rates by 35% a year, but they don't believe how much savings they would realize if they swap their current policy for a cheaper one.
It's smart to compare prices before your next renewal due to the fact that insurance prices change frequently. Despite the fact that you may have had the best deal on Chrysler 300 insurance in Colorado Springs six months ago there may be better deals available now. Forget anything you know (or think you know) about car insurance because you're going to get a crash course in the quickest way to reduce your cost while increasing coverage.
The method we recommend to compare car insurance company rates for Chrysler 300 insurance in Colorado Springs is to understand most of the larger companies have advanced systems to compare their rates. The only thing you need to do is provide a small amount of information such as how much coverage you want, driver ages, if it has an anti-theft system, and if your license is active. Your information is then submitted to multiple different insurance companies and they return quotes almost instantly.
To compare rates for your Chrysler 300 now, click here and enter the information requested.
The companies in the list below are ready to provide quotes in Colorado Springs, CO. If multiple providers are shown, we suggest you visit as many as you can to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|300 Touring 4-Dr Sedan||$240||$492||$456||$28||$136||$1,352||$113|
|300 Touring Plus 4-Dr Sedan||$294||$608||$456||$28||$136||$1,522||$127|
|300 Touring AWD 4-Dr||$236||$448||$330||$20||$98||$1,132||$94|
|300 S V6 4-Dr Sedan||$294||$662||$396||$24||$118||$1,494||$125|
|300 Touring Signature 4-Dr Sedan||$300||$620||$426||$26||$128||$1,500||$125|
|300 Touring Executive 4-Dr Sedan||$294||$630||$396||$24||$118||$1,462||$122|
|300 Touring Signature AWD 4-Dr||$292||$614||$330||$20||$98||$1,354||$113|
|300 Limited 4-Dr Sedan||$294||$608||$396||$24||$118||$1,440||$120|
|300 C 4-Dr Sedan||$390||$620||$460||$28||$138||$1,636||$136|
|300 S V8 4-Dr Sedan||$192||$360||$362||$22||$108||$1,044||$87|
|300 Limited AWD 4-Dr||$262||$514||$330||$20||$98||$1,224||$102|
|300 C AWD 4-Dr||$210||$390||$352||$20||$106||$1,078||$90|
|300 SRT-8 4-Dr Sedan||$182||$382||$368||$22||$110||$1,064||$89|
|Get Your Own Custom Quote Go|
Data based on married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Estimates do not factor in Colorado Springs location which can change rates significantly.
Insurance rate increases from tickets or accidents
The example below highlights how speeding tickets and accident claims can raise Chrysler 300 auto insurance costs for different categories of driver ages. The data is based on a single male driver, comprehensive and collision coverage, $500 deductibles, and no other discounts are factored in.
Auto insurance does more than just repair your car
Even though it can be expensive, maintaining insurance may be required and benefits you in several ways.
First, the majority of states have mandatory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability protection if you want to drive legally. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if your car has a lienholder, most banks will require you to have comprehensive coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the lender may have to buy a policy to insure your Chrysler for a lot more money and force you to reimburse them much more than you were paying before.
Third, insurance protects not only your vehicle but also your financial assets. It will also pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability coverage, the one required by state law, will also pay to defend you if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of insuring your car more than cancel out the cost, especially with large liability claims. As of last year, the average driver in Colorado is overpaying over $750 every year so you should quote and compare rates at every renewal to ensure rates are inline.
The largest companies are not always cheapest
Companies like GEICO, State Farm and Progressive continually stream ads in print and on television. All the ads have a common claim about how much you will save if you get a free Colorado Springs auto insurance quote and switch your policy. How is it plausible that every one can say the same thing? Here is the trick they use.
All companies look for specific characteristics for the right customer that earns them a profit. For example, a driver they prefer should be over the age of 35, has a clean driving record, and drives a lower-performance vehicle. A propective insured who meets those qualifications gets the lowest rates and most likely will cut their Chrysler 300 insurance rates if they switch.
Potential customers who don't measure up to the requirements will probably have to pay higher premium rates which leads to business going elsewhere. The wording the ads use say "customers that switch" not "everyone who quotes" can save as much as they claim. This is how companies can truthfully make claims like that.
Because every company is different, drivers must get Colorado Springs auto insurance quotes from several different companies. Because you never know which auto insurance company will provide you with the cheapest Chrysler 300 insurance in Colorado Springs.
Get cheaper Chrysler 300 insurance rates in Colorado Springs
Companies offering auto insurance don't always advertise every disount available very clearly, so here is a list some of the more common in addition to some of the lesser obvious credits that you can use to lower your rates. If you don't get every credit possible, you're just leaving money on the table.
- More Vehicles More Savings - Insuring multiple vehicles on a single policy could earn a price break for each car.
- Accident Forgiveness Coverage - This one isn't a discount, but companies like Liberty Mutual and GEICO permit an accident before hitting you with a surcharge so long as you haven't had any claims prior to being involved in the accident.
- Paperless Signup - Some of the larger companies provide a small discount for signing up over the internet.
- Senior Citizens - Drivers that qualify as senior citizens may be able to get reduced rates.
- Defensive Driver Discounts - Passing a course teaching defensive driver skills is a good idea and can lower rates and easily recoup the cost of the course.
- Life Insurance Discount - Not all insurance companies offer life insurance, but some may give you lower premium rates if you buy life insurance.
- Claim Free - Good drivers with no accidents are rewarded with significantly better rates on Colorado Springs auto insurance quote when compared with drivers who are more careless.
- Anti-theft Discount - Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more on 300 insurance in Colorado Springs.
- Bundle and Save - If you can bundle your home and auto insurance and insure them with the same company you could earn a discount of up to 20% off your total 300 insurance premium.
- Air Bags and Passive Restraints - Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts as much as 30%.
Remember that most of the big mark downs will not be given to the overall cost of the policy. Most only reduce individual premiums such as medical payments or collision. Even though it may seem like adding up those discounts means a free policy, it's just not the way it works.
If you would like to choose from a list of companies with the best Chrysler 300 insurance discounts in Colorado Springs in Colorado Springs, click here to view.
What if I want to buy from local Colorado Springs auto insurance agents?
A small number of people would prefer to sit down with an agent and doing that can be a smart decision One of the benefits of comparing insurance prices online is that you can obtain cheaper prices and still choose a local agent. And providing support for local agents is especially important in Colorado Springs.
Upon completion of this simple form, your insurance data is submitted to insurance agents in Colorado Springs who can give free rate quotes for your business. There is no reason to contact any insurance agencies due to the fact that quote results will go to the email address you provide. You can find lower rates AND an agent nearby. If you have a need to get a price quote from a specific auto insurance provider, you can always navigate to their website and fill out their quote form.
Two types of Colorado Springs auto insurance agents
When researching local Colorado Springs agents, it helps to know the two types of insurance agents and how they work. Auto insurance agencies can be classified as either independent (non-exclusive) or exclusive.
Independent Auto Insurance Agents (or Brokers)
Agents of this type are not employed by one company so they can write business with many different companies and possibly get better coverage at lower prices. If you want to switch companies, they can switch companies in-house which makes it simple for you. If you need cheaper auto insurance rates, you should always compare prices from several independent insurance agents to get the best comparison. Many independent agencies also insure through smaller companies which can save you money.
Shown below is a small list of independent insurance agencies in Colorado Springs who can help you get pricing information.
- O'Donnell Agency Inc
707 S Tejon St - Colorado Springs, CO 80903 - (719) 227-7100 - View Map
- CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 - Colorado Springs, CO 80918 - (719) 528-1884 - View Map
- Benson Insurance Group, LLC
5155 N Academy, #110 - Colorado Springs, CO 80918 - (719) 622-3079 - View Map
Agents that elect to be exclusive can only provide one company's prices and some examples include Farmers Insurance and State Farm. Exclusive agents cannot compare rates from other companies so they really need to provide good service. These agents are well trained on their products and sales techniques and that allows them to sell at a higher price point. Some insured continue to purchase coverage from exclusives partially due to loyalty to the company and the convenience of having a single billing for all their coverages.
Shown below is a list of exclusive agents in Colorado Springs that are able to give rate quotes.
- Allstate Insurance: Cally O'Donnell
3993 Academy Blvd N - Colorado Springs, CO 80917 - (719) 596-8800 - View Map
- Farmers Insurance - Michael Hendrickson
24 S Weber St #135 - Colorado Springs, CO 80903 - (719) 572-5938 - View Map
- Spencer Galloway - State Farm Insurance Agent
3918 Academy Blvd N - Colorado Springs, CO 80917 - (719) 632-3700 - View Map
Picking an insurance agency is decision based upon more than just the premium amount. Before buying a policy in Colorado Springs, get answers to these questions.
- How is replacement cost determined on your vehicle?
- Do the coverages you're quoting properly cover your vehicle?
- How experienced are they in personal risk management?
- If they are an independent agency in Colorado Springs, which companies do they recommend?
- Are they in the agency full-time?
- Does the agency have a current Errors and Omissions policy?
How do I know if I need professional advice?
When quoting and choosing your policy, there really is not a cookie cutter policy. Every insured's situation is different and your policy should reflect that. For instance, these questions may help highlight if your insurance needs might need an agent's assistance.
- Will my Chrysler 300 be repaired with OEM or aftermarket parts?
- How can I find cheaper teen driver insurance?
- Are rental cars covered under my policy?
- Am I covered while delivering pizza?
- Does low annual mileage earn a discount?
- Why am I required to get a high-risk car insurance policy?
- What does roadside assistance cover?
- What if I owe more than I can insure my car for?
If you can't answer these questions but a few of them apply then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.
Auto insurance coverage considerations
Understanding the coverages of a auto insurance policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Below you'll find the usual coverages found on the average auto insurance policy.
Med pay and Personal Injury Protection (PIP) - Personal Injury Protection (PIP) and medical payments coverage pay for expenses like prosthetic devices, chiropractic care, X-ray expenses and funeral costs. They are utilized in addition to your health insurance program or if you do not have health coverage. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible
Liability coverages - Liability coverage provides protection from damages or injuries you inflict on other people or property. It protects you from claims by other people. It does not cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/15 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $15,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.
Liability can pay for claims like medical expenses, structural damage and legal defense fees. How much liability should you purchase? That is your choice, but it's cheap coverage so purchase as much as you can afford. Colorado state minimum liability requirements are 25/50/15 but drivers should carry more liability than the minimum.
Comprehensive insurance - Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as fire damage, vandalism and damage from a tornado or hurricane. The most you'll receive from a claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's not worth carrying full coverage.
Uninsured/Underinsured Motorist (UM/UIM) - This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Chrysler 300.
Since many Colorado drivers only carry the minimum required liability limits (25/50/15), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Usually these limits do not exceed the liability coverage limits.
Collision coverages - Collision coverage covers damage to your 300 resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.
Collision coverage protects against things such as sideswiping another vehicle, hitting a mailbox, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also raise the deductible on your 300 in order to get cheaper collision rates.
Quote often and quote early
When you buy Colorado Springs auto insurance online, never buy lower coverage limits just to save a few bucks. There have been many cases where an insured cut liability limits or collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to get the best coverage possible for the lowest cost and still be able to protect your assets.
We covered some good ideas how you can reduce Chrysler 300 insurance prices online in Colorado Springs. The key concept to understand is the more providers you compare, the better chance you'll have of finding cheaper Colorado Springs auto insurance quotes. Consumers could even find that the most savings is with the least-expected company. These smaller insurers can often insure niche markets at a lower cost compared to the large companies like Progressive and GEICO.
Lower-priced Chrysler 300 insurance in Colorado Springs can be found online in addition to many Colorado Springs insurance agents, and you should compare price quotes from both to have the best selection. Some insurance providers may not have online quoting and these small insurance companies prefer to sell through independent agencies.
- Bodily Injury Coverage (Liberty Mutual)
- Who Has the Cheapest Auto Insurance for Drivers with Good Credit in Colorado? (FAQ)
- Who Has Cheap Car Insurance Quotes for Unemployed Drivers in Colorado? (FAQ)
- Who Has Affordable Car Insurance Rates for Safe Drivers in Colorado? (FAQ)
- Who Has Cheap Auto Insurance for 16 Year Olds in Colorado? (FAQ)
- Who Has Affordable Auto Insurance Quotes for a Jeep Wrangler in Colorado? (FAQ)
- How Much are Auto Insurance Rates for Electric Cars in Colorado? (FAQ)
- Who Has the Cheapest Car Insurance for Ride Shares in Colorado? (FAQ)
- What if I Can't Find Coverage? (Insurance Information Institute)
- What does Personal Injury Protection (PIP) Cover? (Allstate)