I really doubt anyone likes having to buy auto insurance, especially when they are aware that their premiums are too high.
A recent study showed that a large majority of drivers have remained with the same auto insurance company for more than four years, and 38% of drivers have never shopped around. Drivers in Denver could cut their rates by up to 35% a year by just comparing quotes, but they don't know the large savings they would see if they switch to a new company. You have so many car insurance companies to buy insurance from, and although it's a good thing to have a selection, too many choices makes it more difficult to compare company pricing for Toyota Highlander insurance in Denver.
Finding cheap Denver car insurance prices is an easy way to save money. Consumers just need to spend a little time to compare rates from online providers.
Doing online quotes comparisons is so easy that it makes it a waste of time to spend time driving to all the different Denver insurance agencies. Doing it all online eliminates the need for an insurance agent unless you want the guidance of a local Denver agent. Drivers can comparison shop your insurance online and get advice from an agent in your area.
The companies shown below are ready to provide free quotes in Colorado. If multiple companies are shown, we recommend you compare several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Highlander Sport 4WD||$162||$282||$396||$24||$118||$982||$82|
|Highlander SE 2WD||$238||$388||$338||$20||$100||$1,084||$90|
|Highlander Sport 2WD||$172||$264||$362||$22||$108||$928||$77|
|Highlander Limited 2WD||$214||$360||$330||$20||$98||$1,022||$85|
|Highlander SE 4WD||$202||$384||$456||$28||$136||$1,206||$101|
|Highlander Limited 4WD||$270||$426||$358||$22||$108||$1,184||$99|
|Highlander Hybrid 4WD||$434||$644||$460||$28||$138||$1,704||$142|
|Highlander Hybrid Limited 4WD||$182||$350||$396||$24||$118||$1,070||$89|
|Get Your Own Custom Quote Go|
Data based on single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, homeowner, safe-driver, and multi-vehicle. Estimates do not factor in specific zip code location which can alter coverage prices significantly.
Difference between full coverage and liability only rates
The chart below illustrates the difference between Toyota Highlander insurance costs with and without full coverage. The costs are based on no accidents or driving violations, $100 deductibles, single female driver, and no discounts are taken into consideration.
Should you be buying full coverage?
There is no definitive rule for phasing out full coverage, but there is a general convention. If the yearly cost for physical damage coverage is more than around 10% of any settlement you would receive from your insurance company, then it might be time to consider dropping full coverage.
For example, let's assume your Toyota Highlander book value is $3,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $2,000 after paying your policy deductible. If you are paying over $200 annually for your policy with full coverage, then you may need to consider dropping full coverage.
There are some circumstances where only buying liability is not recommended. If you still have a loan on your vehicle, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Raise deductibles and save
The information below illustrates how choosing a deductible and can impact Toyota Highlander insurance prices for different age groups. The costs are based on a single female driver, full physical damage coverage, and no discounts are applied.
Which is the best auto insurance?
When it comes to coverage online or from an agent for your personal vehicles, there isn't really a perfect coverage plan. Everyone's situation is a little different and your auto insurance should be unique as well. For example, these questions might help in determining if your situation may require specific advice.
- Does my Toyota Highlander need full coverage?
- What is medical payments coverage?
- Will damage be repaired with OEM parts?
- Can my teen drive my company car?
- What does PIP insurance cover?
- Is my nanny covered when transporting my kids?
If it's difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It's fast, doesn't cost anything and may give you better protection.
Insurance agencies can give valuable advice
Many people just prefer to buy from a local agent and that is not a bad decision Professional insurance agents are trained risk managers and help submit paperwork. An additional benefit of comparing rates online is the fact that you can find cheaper car insurance rates and still buy from a local agent. Putting coverage with local insurance agencies is especially important in Denver.
To find an agent, once you fill out this form (opens in new window), the coverage information is transmitted to local insurance agents in Denver that give free quotes to get your business. It simplifies rate comparisons since you won't have to contact any insurance agencies because prices are sent immediately to your email address. If you need to compare rates for a specific company, just search and find their rate quote page and submit a quote form there.
Car insurance agents in Denver come in two varieties
When finding a local insurance agency, there are a couple of different types of agencies that differ in how they can insure your vehicles. Agents can either be independent agents or exclusive agents depending on their employer. Either can write insurance policies, but we need to point out the subtle differences because it can factor into buying decisions.
These type of agents do not have single company limitations and that enables them to quote your coverage with many different companies and get the cheapest rates. If they find a cheaper price, they simply move your policy to a different company and you don't have to switch agencies. When searching for an agent, we highly recommend that you include price quotes from multiple independent agents to ensure the widest selection of prices.
Below are independent insurance agents in Denver who may be able to give you price quote information.
Exclusive Insurance Agents
Exclusive agents generally can only insure with one company and examples are Allstate, Farmers Insurance or State Farm. They usually cannot compare other company's rates so keep that in mind. Exclusive agents are usually well trained on their products and sales techniques and that allows them to sell at a higher price point.
Listed below is a list of exclusive agencies in Denver willing to provide price quote information.
Bob Chapman - State Farm Insurance Agent
2335 E Evans Ave - Denver, CO 80210 - (303) 777-3005 - View Map
Selecting an auto insurance agent should depend on more than just the price. You should also get answers to these questions.
- Does the company have a local claim office in Denver?
- Can they help ensure a fair claim settlement?
- Do they prorate repair cost based on vehicle mileage?
- Do they feel the quoted coverages are adequate?
- Do they offer accident forgiveness?
After you get positive responses to any questions you may have in addition to an acceptable price estimate, you have narrowed it down to an auto insurance agent that can be relied on to adequately provide insurance.