Would you like to stop overpaying and find more affordable Ford Flex insurance in Denver? Buying the cheapest Denver Ford Flex insurance quotes might seem intimidating for drivers who are beginners to quoting and comparing rates and buying insurance on the internet. When there are so many insurance companies available, how are drivers able to have the ability to compare every company in order to find cheaper insurance rates?
Shockingly, nearly 70% of consumers kept buying from the same company for a minimum of four years, and 38% of customers have never even shopped around for affordable coverage. Denver insurance shoppers can save hundreds of dollars each year just by comparing rates, but they feel it's too difficult to find affordable insurance rates.
If you are paying for car insurance now, you should be able to find better prices using the tips covered below. This article's intent is to teach you how auto insurance companies operate and some money-saving tips. Nevertheless, Colorado vehicle owners do need to know the methods companies use to set your policy premium because it can help you find the best coverage.
Companies offering Ford Flex insurance in Colorado
The providers in the list below offer comparison quotes in Denver, CO. If more than one company is shown, it's highly recommended you visit as many as you can to get the best price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Flex SE 2WD||$294||$516||$456||$28||$136||$1,430||$119|
|Flex SEL 2WD||$340||$662||$474||$28||$142||$1,646||$137|
|Flex SEL AWD||$294||$528||$368||$22||$110||$1,322||$110|
|Flex Limited 2WD||$294||$528||$368||$22||$110||$1,322||$110|
|Flex Limited AWD||$308||$534||$474||$28||$142||$1,486||$124|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Price estimates do not factor in specific zip code location which can lower or raise auto insurance rates significantly.
Premiums by gender and age
The diagram below visualizes the comparison of Ford Flex auto insurance rates for male and female drivers. The premium estimates are based on no claims, a clean driving record, full physical damage coverage, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
Does it make sense to buy full coverage?
The diagram below examines Ford Flex car insurance rates with and without full coverage. The costs are based on no violations or accidents, $500 deductibles, single female driver, and no discounts are taken into consideration.
Should you be buying full coverage?
There is no definitive formula for excluding physical damage coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is about 10% or more of replacement cost minus your deductible, then it could be time to drop full coverage.
For example, let's assume your Ford Flex book value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $7,000 after paying your deductible. If premium cost is more than $700 a year for comprehensive and collision coverage, then you may want to consider only buying liability coverage.
There are some conditions where removing full coverage is not in your best interest. If you still have a lienholder on your title, you are required to maintain full coverage to protect the lienholder's interest. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not drop full coverage.
Tickets and at-fault accidents raise rates
The illustration below illustrates how violations and accidents can affect Ford Flex insurance prices for different ages of insureds. The costs are based on a single male driver, full coverage, $250 deductibles, and no discounts are taken into consideration.
Discount Denver insurance rates
Car insurance companies don't always list the entire discount list in an easy-to-find place, so we break down some of the best known and also the lesser-known discounts that you can inquire about if you buy Denver auto insurance online.
- Discount for Swiching Early - Some larger companies reward drivers for buying a policy before your current coverage expires. You may see this discount when you get Denver auto insurance quotes online.
- Buy New and Save - Buying coverage on a new vehicle may earn a small discount because newer models keep occupants safer.
- Drive Less and Save - Driving fewer miles can qualify you for substantially lower prices.
- No Claims - Denver drivers who stay claim-free can save substantially compared to drivers who are more careless.
- Theft Deterrent - Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
- Discounts for Multiple Vehicles - Buying a policy with several vehicles on a single policy qualifies for this discount.
- Paper-free Discount - A few insurance companies give back up to $50 just for signing your application on their website.
- Good Drivers - Drivers who avoid accidents may receive a discount up to 45% than their less cautious counterparts.
You should keep in mind that most discounts do not apply the the whole policy. Most only apply to specific coverage prices like collision or personal injury protection. So when it seems like it's possible to get free car insurance, it just doesn't work that way.
The best insurance companies and some of their more popular discounts are included below.
- State Farm offers discounts for Steer Clear safe driver discount, good driver, good student, multiple autos, and multiple policy.
- Nationwide may offer discounts for defensive driving, multi-policy, good student, Farm Bureau membership, family plan, easy pay, and accident-free.
- GEICO has discounts for anti-lock brakes, defensive driver, good student, federal employee, military active duty, seat belt use, and membership and employees.
- AAA may have discounts that include multi-car, anti-theft, good student, good driver, and education and occupation.
- 21st Century may include discounts for automatic seat belts, homeowners, student driver, 55 and older, good student, early bird, and anti-lock brakes.
- The Hartford includes discounts for driver training, vehicle fuel type, bundle, defensive driver, and anti-theft.
It's a good idea to ask all the companies which credits you are entitled to. Some of the discounts discussed earlier may not be available in your area. To find insurers that offer the discounts shown above in Denver, click here to view.
Get rate quotes but work with a neighborhood Denver auto insurance agent
Certain consumers just prefer to visit with an insurance agent and doing that can be a smart decision One of the best bonuses of getting online price quotes is that drivers can save money and get cheaper premium rates and still buy from a local agent.
For easy comparison, once you complete this short form, your insurance coverage information is sent to local insurance agents who will give competitive quotes and help you find cheaper coverage. It's much easier because you don't need to leave your house because prices are sent immediately to your email address. It's the lowest rates and an insurance agent to talk to. If you want to quote rates from a specific car insurance provider, you can always jump over to their website and submit a quote form there.
Selecting a insurer should depend on more than just the bottom line cost. The answers to these questions are important, too.
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- What discounts might you be missing?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- If independent agents, which companies do they recommend?
Two different types of car insurance agents
If you're trying to find local Denver agents, you must know there are a couple different types of agents and how they can service your needs differently. Insurance agencies in Denver are classified as either independent or exclusive.
Exclusive Car Insurance Agencies
Agents that elect to be exclusive can only write with one company like American Family, State Farm, and AAA. Exclusive agencies are unable to compare rates from other companies so if the price isn't competitive there isn't much they can do. They are trained well on their company's products which helps offset the inability to provide other markets. Consumers sometimes use the same exclusive agent mainly due to high brand loyalty and the convenience of having all coverages with one company.
Shown below is a list of exclusive agents in Denver willing to provide price quotes.
- State Farm: Charles Insurance Agency
1165 S Broadway #114 - Denver, CO 80210 - (303) 777-7161 - View Map
- Kelly Wells - State Farm Insurance Agent
1855 S Pearl St Ste 100 - Denver, CO 80210 - (303) 862-4579 - View Map
- Farmers Insurance - James Lundin
1490 N Lafayette St #302b - Denver, CO 80218 - (303) 433-4542 - View Map
Independent Car Insurance Agents
Independent agencies are not locked into one company so they have the ability to put coverage amongst many companies and find you cheaper rates. To transfer your coverage to a different company, they simply move the coverage in-house which requires no work on your part.
When comparing rate quotes, you should always get rate quotes from several independent insurance agents to get the best comparison. Many write coverage with different regional companies which could offer lower prices.
Shown below is a list of independent agents in Denver that are able to give rate quotes.
- Dagley Insurance and Financial Services Inc
2055 S Federal Blvd - Denver, CO 80219 - (303) 975-1229 - View Map
- American Home Insurance Agency
7505 E Harvard Ave - Denver, CO 80231 - (888) 325-8108 - View Map
- Moschetti Michael - Isu Insurance Svc Of Co
950 17th St #1000 - Denver, CO 80202 - (303) 534-2133 - View Map
After receiving satisfactory answers to any questions you may have and an acceptable price quote, you may have found a car insurance agent that will provide car insurance coverage.
Car insurance coverage specifics
Understanding the coverages of your car insurance policy can help you determine the right coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.
Med pay and Personal Injury Protection (PIP) - Med pay and PIP coverage kick in for bills such as rehabilitation expenses, hospital visits, doctor visits and pain medications. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states and may carry a deductible
Uninsured/Underinsured Motorist (UM/UIM) - This provides protection when other motorists are uninsured or don't have enough coverage. This coverage pays for injuries sustained by your vehicle's occupants as well as your vehicle's damage.
Due to the fact that many Colorado drivers only purchase the least amount of liability that is required (Colorado limits are 25/50/15), their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.
Comprehensive insurance - This coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive coverage protects against things such as hitting a bird, damage from flooding, vandalism and hitting a deer. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.
Collision - This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as crashing into a building, driving through your garage door and rolling your car. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Another option is to bump up the deductible on your Flex to bring the cost down.
Liability insurance - This coverage protects you from damage that occurs to a person or their property that is your fault. This coverage protects you from legal claims by others. Liability doesn't cover damage to your own property or vehicle.
It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/15 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $15,000.
Liability coverage pays for things such as emergency aid, structural damage, attorney fees, pain and suffering and court costs. How much liability should you purchase? That is a decision to put some thought into, but buy as large an amount as possible. Colorado requires minimum liability limits of 25/50/15 but drivers should carry more coverage.
Quote often and quote early
When getting Denver auto insurance quotes online, you should never reduce coverage to reduce premium. In many instances, drivers have reduced full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage at a price you can afford, but don't skip important coverages to save money.
Insureds change insurance companies for any number of reasons including being labeled a high risk driver, high rates after DUI convictions, delays in responding to claim requests and even delays in paying claims. Regardless of your reason for switching companies, finding a new auto insurance company can be less work than you think.
We've covered quite a bit of information on how to save on Ford Flex insurance in Denver. The key thing to remember is the more rate comparisons you have, the better your comparison will be. Drivers may even discover the lowest priced auto insurance comes from the least-expected company.
For more information, take a look at the articles below:
- Distracted Driving (Insurance Information Institute)
- Who Has Cheap Auto Insurance for a Toyota RAV4 in Colorado? (FAQ)
- Who Has Cheap Car Insurance Quotes for a Subaru Outback in Colorado? (FAQ)
- Who Has Cheap Colorado Auto Insurance for Infrequent Drivers? (FAQ)
- How Much are Auto Insurance Rates for a Ford Fusion in Colorado? (FAQ)
- Who Has the Cheapest Car Insurance for Ride Shares in Colorado? (FAQ)
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Smart Auto Insurance Tips (Insurance Information Institute)