Insurance for Subaru ForesterHow many times have you put off comparing quotes for more affordable Subaru Forester insurance in Colorado Springs? Feel like you have overpriced Subaru Forester insurance in Colorado Springs? You're in good company because there are lots of Colorado Springs residents who feel the same.

It's hard to believe, but a large majority of consumers have bought auto insurance from the same company for a minimum of four years, and 38% of customers have never compared rates from other carriers. The average driver in Colorado Springs could save about $600 a year, but they just assume it's a time-consuming process to find affordable insurance by shopping around. Companies like State Farm, Progressive and GEICO continually hit you with catchy ads and it can be hard to avoid their marketing magic and find the best price available.

If you already have coverage or want to find a cheaper company, use these money-saving tips to reduce premiums while maintaining coverages. Locating the best insurance company for you in Colorado Springs is easy if you know what you're doing. Consumers just need to understand the tricks to compare insurance rates from many different companies online.

The quickest method to compare rate quotes for Subaru Forester insurance in Colorado Springs utilizes the fact almost all companies will pay a fee to provide you with free rate quotes. The one thing you need to do is give them some information including the make and model of your vehicles, if you're married, if it has an anti-theft system, and if you have an active license. That rating information is instantly submitted to all major companies and they respond with quotes very quickly.

If you would like to compare rates now, click here and enter your coverage details.

The companies shown below provide free rate quotes in Colorado Springs, CO. If multiple companies are listed, we recommend you visit several of them to get the best price comparison.

Subaru Forester Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Forester X AWD $186 $330 $362 $22 $108 $1,008 $84
Forester X Premium AWD $162 $296 $338 $20 $102 $918 $77
Forester X Premium AWP AWD $244 $424 $362 $22 $108 $1,160 $97
Forester X Limited Edition AWD $294 $472 $338 $20 $102 $1,226 $102
Forester X Limited Edition W/Navigation AWD $240 $340 $392 $24 $118 $1,114 $93
Forester XT AWD $240 $340 $392 $24 $118 $1,114 $93
Forester XT Limited Edition AWD $164 $288 $286 $16 $86 $840 $70
Forester XT Limited Edition W/Navigation AWD $294 $556 $338 $20 $102 $1,310 $109
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Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Price estimates do not factor in the specific area where the vehicle is garaged which can change coverage rates considerably.

Analysis of deductible levels

One frequently asked question is where should you set your physical damage deductibles. The comparison tables below approximate how much more you'll pay between high and low insurance deductibles. The first set of rates uses a $100 deductible and the second price grid uses a $500 deductible.

Subaru Forester insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Forester X AWD $342 $546 $298 $18 $90 $1,319 $110
Forester X Premium AWD $342 $546 $298 $18 $90 $1,319 $110
Forester X Premium AWP AWD $342 $546 $298 $18 $90 $1,319 $110
Forester X Limited Edition AWD $380 $546 $298 $18 $90 $1,357 $113
Forester X Limited Edition W/Navigation AWD $380 $644 $298 $18 $90 $1,455 $121
Forester XT AWD $380 $644 $298 $18 $90 $1,455 $121
Forester XT Limited Edition AWD $380 $644 $298 $18 $90 $1,455 $121
Forester XT Limited Edition W/Navigation AWD $380 $644 $298 $18 $90 $1,455 $121
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Subaru Forester insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Forester X AWD $250 $368 $298 $18 $90 $1,024 $85
Forester X Premium AWD $250 $368 $298 $18 $90 $1,024 $85
Forester X Premium AWP AWD $250 $368 $298 $18 $90 $1,024 $85
Forester X Limited Edition AWD $278 $368 $298 $18 $90 $1,052 $88
Forester X Limited Edition W/Navigation AWD $278 $434 $298 $18 $90 $1,118 $93
Forester XT AWD $278 $434 $298 $18 $90 $1,118 $93
Forester XT Limited Edition AWD $278 $434 $298 $18 $90 $1,118 $93
Forester XT Limited Edition W/Navigation AWD $278 $434 $298 $18 $90 $1,118 $93
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-policy, and multi-vehicle. Rate quotes do not factor in specific location which can decrease or increase auto insurance rates considerably.

Based on this data, we can arrive at the conclusion that using a $100 deductible costs an average of $27 more each month or $324 every year than opting for the higher $500 deductible. Because you would be required to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you go more than 15 months between claim filings, you would probably be better off going with the higher deductible.

How to calculate when to raise deductibles

Average monthly premium for $100 deductibles: $116
Average monthly premium for $500 deductibles (subtract): - $89
Monthly savings from raising deductible: $27
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $27
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

One important caveat is that a higher deductible level means you will have to cover more of the damage yourself when you file a claim. You need to have some funds available in the event you need to pay the deductible to have repairs made.

Full coverage rates vs. liability-only

The illustration below visualizes the comparison of Subaru Forester auto insurance costs with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. Data assumes no tickets, no at-fault accidents, $500 deductibles, married female driver, and no discounts are applied.

When to stop buying full coverage

There is no exact formula for dropping physical damage coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then it might be time to buy liability only.

For example, let's say your Subaru Forester claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $4,000 after paying your deductible. If premium cost is more than $400 annually for your policy with full coverage, the it may be a good time to stop paying for full coverage.

There are some circumstances where removing full coverage is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage as part of the loan conditions. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not opt for liability only.

Illustration showing the impact of accidents and violations

The information below shows how violations and at-fault claims can impact Subaru Forester car insurance rates for different insured age categories. Data assumes a married female driver, full coverage, $500 deductibles, and no additional discounts are factored in.

Three good reasons to insure your Subaru vehicle

Despite the high cost, auto insurance is required in Colorado but also provides important benefits.

The benefits of having insurance more than cancel out the cost, especially when you need to use it. Unknowingly, the average driver is wasting up to $820 a year so compare rates at every renewal to make sure the price is not too high.

The largest companies are not always cheapest

Colorado drivers constantly see and hear ads that claim the best auto insurance rates from companies such as Allstate, GEICO and Progressive. They all seem to make an identical promise about savings if you move to their company.

How do they all give you a better price on Subaru Forester insurance in Colorado Springs? Just pay attention to how they say it.

Insurance companies have strict underwriting profiles for a prospective insured that earns them the most money. A good example of a desirable risk could be over the age of 45, has no claims, and drives a car with an anti-theft system. Someone that hits that "sweet spot" will get the preferred auto insurance rates in Colorado Springs and have a good chance to save if they switch.

Consumers who don't meet those criteria will be charged higher rates and this results in the customer not buying. The trick is to say "people who switch" but not "everyone who gets a quote" can get the lowest rates when switching. That is how insurance companies can lure you into getting a quote. Because of this risk profiling, it's extremely important to get price quotes at each policy renewal. It's impossible to know which insurance companies will have the lowest prices for your situation.

Car insurance policy discounts for Subaru Forester insurance in Colorado Springs

Some insurance providers don't necessarily list every policy discount in an easy-to-find place, so the following list contains some of the more common and also the more inconspicuous discounts that may be available.Car insurance discounts

Remember that most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like comprehensive or collision. If you do the math and it seems like all the discounts add up to a free policy, you won't be that lucky.

Larger car insurance companies and a summarized list of policyholder discounts are outlined below.

When quoting, ask every prospective company the best way to save money. Savings may not be offered everywhere. To see a list of providers that provide some of the discounts listed above in Colorado, follow this link.

Local agents and car insurance

A small number of people would prefer to buy from a local agent and that is recommended in a lot of cases Most agents can help determine the best coverages and give you someone to call. A nice benefit of getting online price quotes is that you can obtain cheap rate quotes and still buy from a local agent.

Colorado Springs insurance agentsUpon completion of this simple form, the quote information is immediately sent to local insurance agents in Colorado Springs who will gladly provide quotes and help you find cheaper coverage. You won't need to visit any agencies as quotes are delivered directly to your email. If you want to get a rate quote from a specific insurance company, feel free to search and find their rate quote page and give them your coverage information.

Choosing the best insurance company requires more thought than just a cheap price. These are some questions you should get answers to.

After you get acceptable answers to your questions as well as offering an affordable quote, you may have just found an insurer that meets your needs to service your policy.

Keep this in mind when shopping around

We covered many ways to lower your Subaru Forester insurance rates in Colorado Springs. The key concept to understand is the more you quote Colorado Springs car insurance, the better your comparison will be. Consumers may even find the best rates are with the smaller companies. These companies often have lower car insurance rates on specific markets as compared to the big name companies such as State Farm and Allstate.

More affordable auto insurance in Colorado Springs can be bought both online and from local agencies, so you need to quote Colorado Springs car insurance with both so you have a total pricing picture. Some insurance companies may not have online rate quotes and these smaller companies provide coverage only through independent agencies.

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