Are you irritated from being strong-armed each month for insurance? You are in the same boat as most other drivers in Colorado.
Astonishing but true according to a recent study, the vast majority of consumers kept buying from the same company for well over three years, and practically 40% of insurance customers have never quoted insurance rates at all. Colorado Springs consumers can save hundreds of dollars each year, but they won't spend time to go online and compare rates. Insurance companies such as GEICO, 21st Century and Progressive promote their brand names with ads and it is challenging if not impossible to ignore the flashy ads and find the best price available.
It's important to quote other rates before your next renewal because prices go up and down regularly. Just because you had the best rates on Buick Verano insurance in Colorado Springs two years ago other companies may now be cheaper. Block out anything you think you know about insurance because you're going to learn the quickest way to find lower rates on insurance.
If you are insured now or just want cheaper rates, you can use this information to find better prices without reducing coverage. Locating the most cost-effective auto insurance policy in Colorado Springs can really be easy if you know what you're doing. Smart shoppers just need to use the fastest way to compare company rates online from multiple companies.
Companies offering Buick Verano insurance in Colorado
The companies shown below are ready to provide free quotes in Colorado Springs, CO. If the list has multiple companies, we recommend you click on several of them to get the cheapest price.
Get Buick Verano Insurance More Affordably
Many factors are used when you get a price on insurance. Some are pretty understandable like a motor vehicle report, but others are less apparent like your continuous coverage and annual miles driven.
Use but don't abuse your insurance - Companies in Colorado provide the best rates to people who file claims infrequently. If you file a lot of claims you can expect either policy cancellation or increased premiums. Your car insurance is meant to be used in the event of claims that you cannot pay yourself.
Discounts for GPS tracking and theft deterrents - Buying a car with advanced anti-theft systems can get you a discount on your auto insurance. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM's OnStar system all help stop auto theft.
Teenagers are high risk - Older insureds have been proven to be more responsible, tend to file fewer claims, and usually have better credit.Drivers with little experience are statistically shown to be more careless in a vehicle and because of this, their auto insurance rates are much higher.
Do you know your deductibles? - Physical damage deductibles tell how much you are willing to pay if you file a covered claim. Coverage for physical damage, also known as collision and other-than-collision, covers damage that occurs to your car. Examples of some claims that would be covered would be rearending another vehicle, animal collisions, and damage from wind. The more expense you're willing to pay, the less money you will pay for auto insurance.
Extra policy coverages push up prices - There are quite a few add-on coverages that you can get tricked into buying when buying auto insurance. Add-on coverages like rental car reimbursement, towing, and additional equipment coverage are probably not needed. They may seem good when talking to your agent, but if they're wasting money think about removing them and cutting costs.
Commute or pleasure use - The more you drive in a year the more it will cost to insure it. Many insurance companies charge rates based on how the vehicle is used. Autos that have low annual miles qualify for better rates as compared to vehicles used primarily for driving to work. Having the wrong rating on your Verano can result in significantly higher rates. Double check that your auto insurance policy correctly shows the correct driver usage, because improper ratings can cost you money.
Lower rates with a multi-policy discount - Most auto insurance companies provide better rates to buyers who carry more than one policy. It's known as a multi-policy discount. Even if you qualify for this discount already, it's still a good idea to compare other Colorado Springs Verano insurance rates to verify if the discount is saving money. Consumers may save money even if you insure with multiple companies
Buick Verano insurance claim data - Insurance companies use past loss statistics for each vehicle to help calculate a profitable premium price. Models that the statistics show to have higher claim frequency or loss amount will cost more for specific coverages. The next table illustrates the historical insurance loss data for Buick Verano vehicles.
For each coverage category, the claim amount for all vehicles as a whole is considered to be 100. Values that are 100 or less indicate better than average losses, while percentages above 100 point to more frequent losses or statistically larger claims.
Auto Insurance Loss Data for Buick Verano Models
|Specific Buick Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Discounts mean cheaper rates for Buick Verano insurance in Colorado Springs
Some insurance providers do not advertise every discount they offer very clearly, so we break down both the well known and also the lesser-known credits that may apply to you.
- Data Collection Discounts - Colorado Springs drivers who agree to allow companies to spy on their driving habits through the use of a telematics system such as Allstate's Drivewise and State Farm's In-Drive system might get better premium rates if they show good driving skills.
- No Charge for an Accident - Not necessarily a discount, but some insurance companies will allow you to have one accident before they charge you more for coverage if you are claim-free before the accident.
- Discounts for New Vehicles - Buying a new car instead of a used Verano can be considerably cheaper because new model year vehicles have to meet stringent safety requirements.
- Military Deployment Discount - Being deployed in the military could mean lower prices.
- Low Mileage - Driving fewer miles can qualify you for better insurance rates on cars that stay parked.
- Discounts for Government Workers - Federal government employees may qualify for a discount when you quote Colorado Springs car insurance with select insurance companies.
- Mature Driver Discount - Drivers that qualify as senior citizens may receive reduced rates.
- Multi-Vehicle Discounts - Drivers who insure multiple cars or trucks on one policy qualifies for this discount.
- Drive Safe and Save - Drivers who don't get into accidents can pay as much as 50% less as compared to drivers with claims.
You can save money using discounts, but some credits don't apply to the entire policy premium. Some only apply to the price of certain insurance coverages like medical payments or collision. Just because you may think you could get a free insurance policy, it's just not the way it works.
A partial list of companies who may offer many of the previously listed discounts include:
If you need lower rates, check with all the companies to apply every possible discount. All car insurance discounts may not be available in your state. If you would like to see a list of providers that can offer you the previously mentioned discounts in Colorado, click this link.
Buying car insurance from Colorado Springs insurance agents
Some consumers just prefer to buy from a licensed agent and that is a personal choice. Experienced insurance agents can help determine the best coverages and help file insurance claims. One of the best bonuses of comparing rate quotes online is that drivers can save money and get cheap car insurance rates and still buy from a local agent. Supporting neighborhood insurance agencies is definitely important in Colorado Springs.
After completing this quick form, your insurance coverage information is submitted to companies in Colorado Springs who will give competitive quotes for your car insurance coverage. There is no need to search for an agent because prices are sent directly to your email. If for some reason you want to get a rate quote from a specific insurance company, you would need to navigate to their website and give them your coverage information.
Independent or Exclusive: It's your choice
When narrowing the list to find a good insurance agency, you must know there are a couple different types of agencies that differ in how they can insure your vehicles. Insurance agencies in Colorado Springs are either exclusive or independent. Either type can insure your vehicles properly, but it is important to understand the difference in how they write coverage because it may have an impact on which type of agent you select.
Independent Car Insurance Agencies or Brokers
Agents that choose to be independent are not employed by one company so they can write business with multiple insurance companies and get the cheapest rates. If they quote lower rates, your agent can just switch to a different company and you can keep the same agent. If you are comparing rate quotes, you need to include at a minimum one independent agency for the best price selection.
Featured below is a list of independent agencies in Colorado Springs that can possibly get you free car insurance rate quotes.
Exclusive agencies normally can only provide a single company's rates and some examples include Farmers Insurance and State Farm. Exclusive agencies are unable to provide rate quotes from other companies so it's a take it or leave it situation. Exclusive agents are well schooled on their company's products which helps them sell on service rather than price.
Listed below is a list of exclusive insurance agents in Colorado Springs that are able to give rate quotes.
Finding the right insurance agency requires you to look at more than just the premium amount. Before buying a policy in Colorado Springs, get answers to these questions.
- Will your rates increase after a single accident?
- Does the quote include credit and driving reports?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- What company do they have the most business with?
- What is their Better Business Bureau rating?
If you feel you receive satisfactory answers to all your questions and cheap Verano insurance quotes, you have narrowed it down to an insurance agent that is reputable and can adequately provide car insurance. Keep in mind it's your coverage and you can cancel coverage whenever you choose to so don't feel that you're stuck with your new company with no way out.
Auto insurance companies are expert advertisers
Consumers can't get away from ads that claim the cheapest car insurance rates by State Farm, Allstate and GEICO. All the ads advertise the message about saving some big amount if you change your auto insurance coverage to their company.
That's great but how can every company give you a better price on Buick Verano insurance in Colorado Springs? This is how they do it.
Insurance companies provide the lowest rates for the type of driver that will most likely be profitable. For instance, a profitable risk profile may need to be a female over age 40, owns a home, and the vehicle is rated for pleasure use. Anyone who matches that profile will get the preferred rates in Colorado Springs and will most likely save some money.
People who don't qualify for this stringent profile will be quoted higher premiums which results in the customer buying from a different company. The trick companies use is to say "people who switch" not "everyone that quotes" save that much when switching. This is how insurance companies can make the claims of big savings.
This really drives home the point why drivers should compare as many free Colorado Springs car insurance quotes as you can. Because without a comparison, you cannot know the company that will provide you with the cheapest Buick Verano insurance in Colorado Springs.
Insurance can get complicated
Always remember that when buying adequate coverage for your vehicles, there is no best way to insure your cars. Your situation is unique so your insurance should reflect that For example, these questions could help you determine if you will benefit from professional help.
- What is high-risk coverage and where do I buy it?
- What discounts do I qualify for?
- Does my policy cover me when driving someone else's vehicle?
- Which companies will insure high-risk drivers?
- Should I pay a claim out-of-pocket?
- Is there a penalty for late payment?
- Is a fancy paint job covered?
- I have health insurance so do I need medical payments coverage?
- Am I covered while delivering pizza?
- Are rock-chip repairs free?
If you can't answer these questions, you may need to chat with a licensed agent. To find an agent in your area, complete this form or you can also visit this page to select a carrier It is quick, free and can help protect your family.
Don't give up on cheaper rates
When trying to cut insurance costs, it's not a good idea to skimp on critical coverages to save a buck or two. There are many occasions where an insured dropped full coverage to discover at claim time that the savings was not a smart move. Your focus should be to purchase plenty of coverage at a price you can afford, not the least amount of coverage.
In this article, we covered many ideas to save on Buick Verano insurance in Colorado Springs. The key concept to understand is the more providers you compare, the higher the chance of saving money. You may even discover the lowest priced car insurance comes from some of the smallest insurance companies. These smaller insurers may have significantly lower premium rates on certain market segments compared to the large companies like Allstate, GEICO and Progressive.
For more information, feel free to visit these articles:
- Understanding Car Crashes Video (iihs.org)
- Who Has Cheap Car Insurance Quotes for a Ford F-150 in Colorado? (FAQ)
- Who Has the Cheapest Car Insurance Rates with Multiple Speeding Tickets in Colorado? (FAQ)
- How Much are Colorado Car Insurance Quotes for a Toyota Highlander? (FAQ)
- What is the Best Cheap Car Insurance in Denver, CO? (FAQ)
- How Much is Colorado Auto Insurance for High School Students? (FAQ)
- What is the Best Cheap Auto Insurance in Highlands Ranch, Colorado? (FAQ)
- Auto Crash Statistics (Insurance Information Institute)
- What is Covered by GAP Insurance? (Allstate)