Are you sick of overpaying and want cheaper Mazda 5 insurance in Fort Collins? Are you overwhelmed by the wide range of insurance sources that you can choose from? Vehicle owners have so many choices that it can be a real challenge to find the lowest price for Mazda 5 insurance in Fort Collins. Fort Collins is a wonderful place to live, but high insurance rates can make it hard for many drivers to afford good insurance coverage.
Astonishing but true, over 70% of consumers have remained with the same insurance company for more than four years, and nearly 40% of drivers have never even shopped around for cheaper coverage. The average driver in Colorado could save themselves approximately 35% a year, but they just assume it takes a lot of time to compare rates.
If you already have coverage, you will definitely be able to lower your rates using these techniques. These techniques will familiarize you with the best ways to compare prices and how to save the most money. But Colorado car owners must comprehend the methods companies use to calculate their prices.
Most companies such as GEICO, State Farm and Progressive give prices for coverage on the web. Getting online rates for Mazda 5 insurance in Fort Collins is quite simple as you just enter your coverage preferences into the quote form. When complete, their quoting system requests credit information and your driving record and generates pricing information.
Being able to quote online for Mazda 5 insurance in Fort Collins makes it a lot easier to compare rates and it is important to have as many quotes as possible in order to get the cheapest price on insurance.
To compare rates now, compare rates now from the companies shown below. If you have coverage now, it's recommended you replicate coverages and limits as close as possible to your current policy. This makes sure you will receive rate quotes based on the exact same insurance coverage.
The companies in the list below are ready to provide comparison quotes in Fort Collins, CO. If multiple providers are shown, we suggest you visit two to three different companies in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|5 Sport Station Wagon||$142||$232||$304||$18||$92||$788||$66|
|5 Touring Station Wagon||$172||$314||$286||$16||$86||$874||$73|
|5 Grand Touring Station Wagon||$296||$628||$362||$22||$108||$1,416||$118|
|Get Your Own Custom Quote Go|
Data variables include single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Rate information does not factor in zip code location which can decrease or increase rates noticeably.
Should you raise deductibles?
The illustration below demonstrates how deductibles and can raise or lower Mazda 5 insurance costs for different categories of driver ages. The data assumes a married male driver, full coverage, and no discounts are taken into consideration.
It may be expensive, but it's not optional
Even though Fort Collins 5 insurance rates can get expensive, insuring your vehicle is a good idea for several reasons.
First, the majority of states have mandatory liability insurance requirements which means the state requires specific minimum amounts of liability insurance if you drive a vehicle. 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 vehicle has a loan, almost every bank will have a requirement that you buy full coverage to ensure they get paid if you total the vehicle. If you let the policy lapse, the bank may buy a policy for your Mazda at a significantly higher premium and force you to pay for the expensive policy.
Third, insurance safeguards not only your car but also your financial assets. It will also reimburse you for most medical and hospital costs for not only you but also any passengers injured in an accident. Liability insurance, one of your policy coverages, will also pay to defend you if someone files suit against you as the result of an accident. If your Mazda gets damaged, comprehensive and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your car are without a doubt worth the cost, especially for larger claims. The average driver in Colorado is overpaying over $810 a year so it's very important to do a rate comparison at least once a year to ensure rates are inline.
Discount Fort Collins auto insurance quotes
Some companies don't always publicize every policy discount in an easy-to-find place, so we break down both the well known as well as the least known auto insurance savings.
- Use Seat Belts - Drivers who require all vehicle occupants to wear their seat belts can save 10% or more off the PIP or medical payment premium.
- Student in College - Youth drivers who are enrolled in a college that is more than 100 miles from Fort Collins and won't have access to an insured vehicle may be able to be covered for less.
- Anti-lock Brake System - Vehicles with ABS braking systems or traction control are safer to drive and will save you 10% or more on 5 insurance in Fort Collins.
- New Vehicle Savings - Insuring a new 5 can save up to 30% since newer models are generally safer.
- Club Memberships - Belonging to qualifying employment or professional organizations may earn a discount on auto insurance.
- Fort Collins Homeowners Pay Less - Just being a homeowner can save a few bucks because of the fact that having a home demonstrates responsibility.
- Onboard Data Collection - People who choose to allow data collection to look at when and where they use their vehicle through the use of a telematics system such as In-Drive from State Farm or Allstate's Drivewise system may get a rate reduction if they exhibit good driving behavior.
- Claim Free - Drivers with accident-free driving histories can save substantially as compared to bad drivers.
- Policy Bundle Discount - If you insure your home and vehicles and insure them both with the same insurance company you could save as much as 10 to 15 percent.
Please keep in mind that some credits don't apply to the entire policy premium. Some only reduce the cost of specific coverages such as comprehensive or collision. So when it seems like having all the discounts means you get insurance for free, you're out of luck. But any discount will help reduce your premiums.
To locate auto insurance companies that provide some of the discounts listed above in Fort Collins, click here.
Do I need an agent?
Many drivers just want to sit down with an agent and that is a personal choice. An additional benefit of getting free rate quotes online is that you can obtain cheap auto insurance quotes and still buy from a local agent. Putting coverage with neighborhood agents is especially important in Fort Collins.
By using this form (opens in new window), your information is emailed to agents in your area who will give competitive quotes for your business. It's much easier because you don't need to leave your house because prices are sent directly to your email. You'll get the best rates without a big time investment. If you want to get a price quote from a particular provider, just search and find their rate quote page and fill out the quote form the provide.
Fort Collins car insurance agents are either independent or exclusive
If you prefer to buy auto insurance from a reliable insurance agent, it can be helpful to understand the types of insurance agents that you can select. Agents can be classified as either exclusive or independent agents depending on their company appointments.
Independent agencies are appointed with more than one company and that gives them the ability to insure with an assortment of companies and find the cheapest auto insurance rates. If prices rise, they can switch companies in-house and you don't have to switch agencies.
When comparison shopping, you will definitely want to get several quotes from multiple independent agents so that you have a good selection of quotes to compare. Many can place coverage with less well-known companies which may have better rates.
Listed below is a short list of independent agencies in Fort Collins who may provide pricing information.
- Trozan Insurance Agency, Inc
421 Stover St - Fort Collins, CO 80524 - (970) 224-5500 - View Map
- Welsh Insurance Agency, Inc.
4033 E Boardwalk Dr # 200 - Fort Collins, CO 80525 - (970) 207-4000 - View Map
- Front Range Insurance Group
1100 Haxton Dr # 100 - Fort Collins, CO 80525 - (970) 223-1804 - View Map
Exclusive Insurance Agencies
These agents normally can only provide a single company's rates like Allstate, State Farm and Farmers Insurance. Exclusive agents cannot provide prices from multiple companies so if the price isn't competitive there isn't much they can do. Exclusive agencies are well trained on the products they sell which helps them sell on service rather than price. Consumers often purchase coverage from exclusives primarily because of high brand loyalty and solid financial strength.
Listed below are exclusive agents in Fort Collins who can help you get rate quotes.
- Farmers Insurance - Scott Frawley
1136 E Stuart St #2220 - Fort Collins, CO 80525 - (970) 223-2911 - View Map
- Allstate Insurance: Jeffrey Greco
315 W Magnolia St # 7 - Fort Collins, CO 80521 - (970) 407-0706 - View Map
- State Farm: Ben Parsons
2121 Midpoint Dr #301a - Fort Collins, CO 80525 - (970) 484-3600 - View Map
Choosing a car insurance agent shouldn't rely on just the quoted price. You should also get answers to these questions.
- Did they already check your driving record and credit reports?
- Does the agency have a good rating with the Better Business Bureau?
- Does the agent help file claims?
- Can they give you a list of client referrals?
- Is the agent properly licensed in Colorado?
If you feel you receive good feedback to these questions as well as a affordable price, you've probably found a car insurance agent that meets the criteria to service your policy.
Detailed coverages of your insurance policy
Learning about specific coverages of your policy aids in choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.
Coverage for medical expenses
Medical payments and Personal Injury Protection insurance reimburse you for bills such as surgery, dental work, X-ray expenses, funeral costs and doctor visits. They can be used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle's occupants and also any damage incurred to your Mazda 5.
Due to the fact that many Colorado drivers only purchase the least amount of liability that is required (25/50/15), it doesn't take a major accident to exceed their coverage limits. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these limits are identical to your policy's liability coverage.
This pays for damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as hitting a deer, damage from a tornado or hurricane, hitting a bird and theft. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it's probably time to drop comprehensive insurance.
Auto liability insurance
Liability coverage can cover damage that occurs to a person or their property by causing an accident. This insurance protects YOU against other people's claims. It does not cover damage to your own property or vehicle.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/15 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $15,000. Another option is a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage protects against claims such as repair bills for other people's vehicles, attorney fees, pain and suffering, medical services and repair costs for stationary objects. How much coverage you buy is a personal decision, but you should buy higher limits if possible. Colorado requires drivers to carry at least 25/50/15 but you should think about purchasing more liability than the minimum.
Coverage for collisions
Collision coverage pays for damage to your 5 resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.
Collision can pay for claims like hitting a mailbox, rolling your car, driving through your garage door, colliding with another moving vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Another option is to increase the deductible on your 5 to save money on collision insurance.
Cheaper car insurance is a realistic goal
As you go through the steps to switch your coverage, don't be tempted to buy less coverage just to save a little money. There are many occasions where consumers will sacrifice physical damage coverage and found out when filing a claim they didn't purchase enough coverage. Your goal is to find the BEST coverage at the best price.
People change insurance companies for a number of reasons such as delays in responding to claim requests, questionable increases in premium, denial of a claim and policy non-renewal. It doesn't matter what your reason, finding the right car insurance provider is pretty easy and you might even save some money in the process.
Affordable Mazda 5 insurance in Fort Collins can be purchased online and from local agencies, so you need to quote Fort Collins car insurance with both to have the best rate selection. Some insurance providers do not provide online quoting and usually these small, regional companies work with local independent agencies.
- Get the Right Protection (InsureUonline.org)
- What Auto Insurance is Cheapest in Pueblo, Colorado? (FAQ)
- How Much are Auto Insurance Rates for Drivers Under 21 in Colorado? (FAQ)
- Who Has the Cheapest Auto Insurance Rates for Uninsured Drivers in Colorado? (FAQ)
- What Car Insurance is Cheapest for 18 Year Olds in Colorado? (FAQ)
- What is the Cheapest Car Insurance in Loveland, CO? (FAQ)
- What Car Insurance is Cheapest in Arvada, Colorado? (FAQ)
- Distracted Driving (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)