Insurance for Chevy CamaroLooking for low-cost Chevy Camaro insurance in Colorado Springs? Locating low-cost insurance for a Chevy Camaro in Colorado can normally be difficult, but you can learn the following methods and make it easy.

There are both good and bad ways to find auto insurance online so you're going to learn the best way to compare rates on a Chevy and get the lowest possible price either online or from Colorado Springs insurance agents.

How to get Colorado Springs Chevy Camaro insurance quotes

Getting a low cost price on Chevy Camaro insurance doesn't have to be difficult. You just have to take a few minutes to compare rate quotes to discover which company has low cost Colorado Springs car insurance quotes.

The auto insurance companies shown below are our best choices to provide price comparisons in Colorado Springs, CO. If the list has multiple companies, we suggest you get price quotes from several of them in order to find the cheapest rates.

Chevrolet Camaro Insurance Rate Estimates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camaro LS $236 $448 $330 $20 $98 $1,132 $94
Camaro LT $328 $726 $456 $28 $136 $1,674 $140
Camaro SS $182 $382 $396 $24 $118 $1,102 $92
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Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Prices do not factor in zip code location which can impact coverage rates substantially.

Rate comparison for different deductibles

A question often asked by Colorado Springs drivers is how high should the physical damage coverage deductibles be. The premium rates below lay out the difference in cost between high and low coverage deductibles. The first set of prices uses a $100 deductible for comprehensive and collision coverage and the second rate table uses a $1,000 deductible.

Chevrolet Camaro insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camaro LS $342 $644 $352 $20 $106 $1,489 $124
Camaro LT $342 $644 $352 $20 $106 $1,489 $124
Camaro SS $380 $740 $352 $20 $106 $1,623 $135
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Chevrolet Camaro insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Camaro LS $190 $340 $352 $20 $106 $1,008 $84
Camaro LT $190 $340 $352 $20 $106 $1,008 $84
Camaro SS $210 $390 $352 $20 $106 $1,078 $90
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, claim-free, homeowner, and multi-vehicle. Price information does not factor in zip code location which can modify auto insurance rates noticeably.

Based on this data, we can arrive at the conclusion that using a $100 deductible could cost the average driver approximately $42 more each month or $504 a year than choosing the higher $1,000 deductible. Because you would pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go at a minimum 21 months between claims, you would come out ahead if you choose the higher deductible.

Physical damage deductible comparison

The example below shows how choosing a deductible and can increase or decrease Chevrolet Camaro insurance premiums for different age groups of insureds. The premiums assume a single male driver, full physical damage coverage, and no discounts are factored in.

Rate comparison of men versus women

The chart below compares Chevrolet Camaro annual premium costs for male and female drivers. The data is based on a clean driving record, no claims, comprehensive and collision coverage, $1,000 deductibles, drivers are single, and no policy discounts are applied.

Chevy Camaro insurance discounts in Colorado Springs

Companies that sell car insurance don't list all discounts very well, so below is a list a few of the more common and also the more inconspicuous credits available to lower your premiums when you buy Colorado Springs car insurance online. If you check and find you aren't receiving every discount you qualify for, you could be paying more than you need to.Car insurance discounts

Please keep in mind that many deductions do not apply to the entire policy premium. Some only reduce the cost of specific coverages such as liability and collision coverage. Just because it seems like it's possible to get free car insurance, car insurance companies aren't that generous. Any amount of discount will lower the cost of coverage.

Large car insurance companies and a summarized list of policyholder discounts include:

If you want affordable Chevrolet Camaro insurance quotes, ask every company the best way to save money. Discounts may not apply to policies in Colorado Springs. To locate insurers with the best discounts in Colorado Springs, click this link.

Buying insurance from Colorado Springs insurance agencies

Many drivers just want to get professional advice from a licensed agent and that is a personal choice. Experienced insurance agents can help you choose the best coverages and help you file claims. An additional benefit of comparing insurance prices online is the fact that you can find cheap rate quotes but also keep your business local. Supporting neighborhood agents is important especially in Colorado Springs.

To help locate an agent, after submitting this simple form, your insurance coverage information is transmitted to local insurance agents in Colorado Springs who will give you bids for your insurance coverage. There is no need to do any legwork due to the fact that quote results will go directly to you. If you want to get a rate quote from one company in particular, you can always navigate to their website to submit a rate quote request.

When researching a reputable insurance agent or broker, it helps to know the two different types of agencies from which to choose. Colorado Springs agents can be described as either exclusive or independent (non-exclusive). Either type can write policy coverage, but it's important to know the subtle differences since it may influence the kind of agent you use.

Independent Insurance Agencies

Independent agencies are normally appointed by many insurers so they can quote policies with a variety of different insurance companies and get you the best rates possible. If they find a cheaper price, they simply move your policy to a different company and you don't have to find a new agent.

When comparison shopping, you need to include rate quotes from several independent insurance agents so that you can do a thorough price comparison. Most also write with smaller companies that may have much lower rates than larger companies.

Shown below are Colorado Springs independent insurance agencies who may provide comparison quotes.

More Colorado Springs agents

Exclusive Insurance Agencies

Agents in the exclusive channel can only place business with one company such as AAA, Allstate, State Farm, or Farmers Insurance. These agents are not able to provide prices from multiple companies so keep that in mind. Exclusive agents are usually quite knowledgeable on sales techniques and that enables them to sell even at higher rates. Consumers frequently buy from exclusive agents mostly because of loyalty to the company instead of buying on price only.

Below is a short list of exclusive agencies in Colorado Springs that are able to give price quote information.

More Colorado Springs agents

Choosing the best insurance agency is decision based upon more than just the bottom line cost. Some important questions to ask are:

Car insurance can get complicated

When selecting coverage online or from an agent, there is no "best" method to buy coverage. Every situation is different and your car insurance should unique, too.Car insurance savings Here are some questions about coverages that can help discover if your situation would benefit from professional advice.

If you can't answer these questions but a few of them apply, you might consider talking to an insurance agent. If you don't have a local agent, simply complete this short form or go to this page to view a list of companies. It's fast, doesn't cost anything and can provide invaluable advice.

Insurance Premium Influencing Factors

Multiple criteria are part of the calculation when you get a price on insurance. Some factors are common sense like an MVR report, but other criteria are not as apparent like your continuous coverage and annual miles driven. A large part of saving on insurance is knowing the factors that help calculate insurance rates. When you understand what determines premiums, this enables you to make decisions that could help you find much lower annual insurance costs.

Costs are affected by your address - Living in less populated areas of the country is a good thing when talking about insurance. People in densely populated areas have congested traffic and much longer commute distances. Fewer drivers on the road translates into fewer accidents as well as less vandalism and auto theft.

Drive fewer miles and save - The more you drive your Chevy in a year's time the more it will cost to insure it. Almost all companies calculate prices based on how the vehicle is used. Autos that sit idle most of the time can be on a lower rate level than cars that get driven a lot. An incorrectly rated Camaro can result in significantly higher rates. It's a good idea to make sure your insurance declarations sheet shows how each vehicle is driven.

Being married pays dividends - Your spouse may cut your premiums when buying insurance. Marriage demonstrates that you tend to be more responsible and it's statistically proven that being married results in fewer claims.

More performance means higher prices - The make and model of the car you own makes a significant difference in determining your rates. The cheapest rates are for small economy passenger cars, but the cost you end up paying is determined by many additional factors. Due to the fact that the Chevrolet Camaro is classified as a sports car, insurance will be much more than the average rate where you live in Colorado Springs.

Filing insurance claims can cost you more - Car insurance companies in Colorado provide lower rates to insureds who file claims infrequently. If you are the type of insured that files lots of claims you can look forward to increased rates or even have your policy non-renewed. Your car insurance is designed for claims that pose a financial burden.

Cheaper to insure women? - Over the last 30 years, statistics show women tend to be less risk to insure than men. Now that doesn't mean men are WORSE drivers than women. Both sexes are responsible for accidents at a similar rate, but guys have accidents that have higher claims. Not only that, but men also get higher numbers of serious violations like DUI and reckless driving. Teenage male drivers tend to get in the most accidents and therefore are the most expensive to insure.

Safer cars are cheaper to insure - Vehicles with high crash test scores tend to be cheaper to insure. Safer cars reduce the chance of injuries and fewer injuries translates into fewer and smaller insurance claims and cheaper rates on your policy.

Lower premiums with GPS tracking and theft deterrents - Owning a car with anti-theft technology or alarm system can save you some money. Systems that thwart theives like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder car theft and help bring rates down.

Chevy Camaro claim statistics - Companies use data from past claims to calculate a rate that will offset losses. Models that are shown to have increased claim numbers or amounts will have higher premium rates. The data below shows the historical insurance loss data for Chevy Camaro vehicles.

For each coverage category, the claim amount for all vehiclescombined as an average equals 100. Values below 100 mean the vehicle has better than average losses, while values over 100 indicate more frequent losses or statistically larger losses.

Car Insurance Loss Data for Chevrolet Camaro Models

Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chevrolet Camaro 2dr 139 118 123 123 130 127
Chevrolet Camaro Convertible 92 85 107 85 95 103
Chevrolet Camaro ZL1 2dr 222 80 174
Chevrolet Camaro ZL1 Convertible 111 113
BETTER
AVERAGE
WORSE

Empty fields indicate not enough data collected
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

Why you need auto insurance

Even though Colorado Springs Camaro insurance rates can get expensive, paying for auto insurance is mandatory in Colorado but it also protects more than you think.

The benefits of carrying enough insurance more than offset the price you pay, particularly if you ever have a claim. According to a 2015 survey, the average American driver is currently overpaying as much as $855 a year so it's recommended you shop around every year to make sure the price is not too high.

Cheap rates are available

Cheaper Chevy Camaro insurance in Colorado Springs can be purchased from both online companies in addition to local insurance agencies, so you should compare both to have the best selection. Some insurance companies may not provide online rate quotes and most of the time these regional carriers only sell through local independent agencies.

We've covered a lot of tips how to get a better price on Chevy Camaro insurance in Colorado Springs. The key concept to understand is the more times you quote, the better your comparison will be. You may even find the lowest priced insurance comes from a smaller regional carrier. They often have lower car insurance rates on specific markets as compared to the big name companies such as State Farm and Allstate.

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