Would you like to find the cheapest Mitsubishi Outlander insurance in Colorado Springs? Think you have an underperforming, overpriced auto insurance policy? Trust us when we tell you there are many Colorado Springs drivers thinking the same thing.
Shocking but true, most drivers kept their coverage with the same auto insurance company for at least the last four years, and virtually 40% of consumers have never quoted auto insurance rates at all. The average driver in Colorado could cut their rates by 35% a year just by getting comparison quotes, but they mistakenly think it's difficult to compare other rate quotes. Insurance companies such as State Farm, Allstate, GEICO and Progressive all claim big savings with catchy ads and it can be hard to see through the cute green geckos and mayhem and find the best price available.
Most companies such as Allstate, GEICO and Progressive provide price estimates directly from their websites. Getting online rates for Mitsubishi Outlander insurance in Colorado Springs is pretty painless because you just enter the coverages you want into the quote form. Once you submit the form, the company's rating system pulls credit information and your driving record and returns a price quote. The ability to get online rates for Mitsubishi Outlander insurance in Colorado Springs helps simplify price comparisons, and it's also necessary to compare as many rates as possible if you want to get the cheapest possible prices on car insurance.
To find out how much you're overpaying now, compare rates now from the companies shown below. If you have coverage now, it's recommended you enter the insurance coverages as shown on your current policy. This ensures you're receiving comparison quotes using the exact same coverages.
The following companies have been selected to offer quotes in Colorado. If multiple companies are shown, we suggest you get price quotes from several of them to find the cheapest auto insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Outlander ES 2WD||$212||$416||$388||$22||$116||$1,154||$96|
|Outlander SE 4WD||$172||$314||$286||$16||$86||$874||$73|
|Outlander SE 4WD||$272||$458||$298||$18||$90||$1,136||$95|
|Outlander SE 2WD||$170||$306||$280||$16||$84||$856||$71|
|Outlander SE 2WD||$212||$416||$388||$22||$116||$1,154||$96|
|Outlander ES 4WD||$264||$448||$304||$18||$92||$1,126||$94|
|Outlander XLS 2WD||$266||$546||$286||$16||$86||$1,200||$100|
|Outlander XLS 4WD||$264||$556||$338||$20||$102||$1,280||$107|
|Outlander GT-S AWC 4WD||$276||$534||$404||$24||$120||$1,358||$113|
|Outlander GT-S AWC 4WD||$300||$620||$362||$22||$108||$1,412||$118|
|Get Your Own Custom Quote Go|
Data based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Price information does not factor in the specific area where the vehicle is garaged which can influence auto insurance rates greatly.
Higher deductibles lower rates
The diagram below shows how different deductible levels and can raise or lower Mitsubishi Outlander insurance rates for different insured age categories. The data assumes a married female driver, full physical damage coverage, and no discounts are applied.
Does full coverage make sense?
The illustration below examines Mitsubishi Outlander auto insurance costs with full physical damage coverage and with liability coverage only. The rate quotes are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single female driver, and no discounts are factored in.
When to stop paying for full coverage
There is no clear-cut formula to stop paying for full coverage, but there is a general guideline. If the yearly cost of full coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might consider buying liability only.
For example, let's say your Mitsubishi Outlander replacement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $4,000 after the policy deductible has been paid. If you are currently paying more than $400 annually for full coverage, then it may be the right time to buy liability only.
There are a few cases where dropping physical damage coverage is not a good idea. If you haven't satisfied your loan, you are required to maintain full coverage to protect the lienholder's interest in the vehicle. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Get cheaper Mitsubishi Outlander insurance in Colorado Springs with discounts
Insurance is neither fun to buy or cheap, but there are discounts available that could drop your premiums quite a bit. Most are applied at the time of quoting, but some discounts are required to be inquired about in order for you to get them.
- Theft Prevention System - Anti-theft and alarm system equipped vehicles help deter theft and earn discounts up to 10% off your Colorado Springs auto insurance quote.
- Colorado Springs Homeowners Discount - Just being a homeowner can help you save on insurance because maintaining a house requires personal responsibility.
- Air Bags and Passive Restraints - Factory air bags or automatic seat belts may get savings of up to 25% or more.
- Auto/Home Discount - When you have multiple policies and insure them with the same company you will save up to 20% off your total Outlander insurance premium.
- Active Military Service - Being on active duty in the military could be rewarded with lower insurance rates.
- Resident Student - College-age children living away from Colorado Springs attending college without a vehicle on campus can receive lower rates.
- No Charge for an Accident - Not a discount per se, but a handful of insurance companies will let one accident slide without getting socked with a rate hike if you have no claims prior to being involved in the accident.
Keep in mind that most discounts do not apply to the entire policy premium. Some only reduce specific coverage prices like medical payments or collision. Even though the math looks like it's possible to get free car insurance, that's just not realistic.
To view companies with significant discounts in Colorado, click here.
When to contact an insurance agency
A lot of people just want to get advice from a local agent and often times that is recommended Professional agents can help determine the best coverages and help in the event of a claim. The best thing about comparing auto insurance online is that you can find lower rates but also keep your business local. Buying insurance from local insurance agencies is definitely important in Colorado Springs.
Upon completion of this simple form, your insurance coverage information is immediately sent to agents in your area who want to provide quotes for your coverage. It simplifies rate comparisons since you won't have to even leave your home since price quotes are sent directly to you. If for some reason you want to get a rate quote from a particular provider, just navigate to their website and complete a quote there.
How to choose the best auto insurance agent in Colorado Springs
When finding a reliable agent, there are a couple of types of insurance agents and how they can write your policy. Agencies in Colorado Springs are categorized either exclusive or independent (non-exclusive). Both types can insure your vehicles properly, but it's worth mentioning why they differ since it can impact the type of agent you choose.
Independent Auto Insurance Agencies
These agents often have many company appointments and that gives them the ability to insure through lots of different companies and find you the best rates. If your agent finds better pricing, an independent agent can move your coverage which requires no work on your part. If you need lower rates, we recommend you contact several independent insurance agents so that you can do a thorough price comparison.
Featured below is a partial list of independent agents in Colorado Springs that may be able to provide free auto insurance rate quotes.
Agents in the exclusive channel can only provide pricing for a single company such as Allstate and State Farm. They are unable to give you multiple price quotes so they really need to provide good service. These agents are well trained on sales techniques and that enables them to sell even at higher rates.
Listed below are exclusive agents in Colorado Springs that can give you comparison quotes.
Picking an insurance agency should include more criteria than just the bottom line cost. Any agent in Colorado Springs should have no problem answering these questions:
- Are aftermarket or OEM parts used to repair vehicles?
- If you are a high risk driver, do they have special markets for your coverage?
- Will you work with the agent or an assistant?
- Is their price quote a firm figure or are their hidden costs?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- How is replacement cost determined on your vehicle?
Do I just need basic coverages?
Always remember that when buying insurance from an agent or online for your personal vehicles, there really isn't a one-size-fits-all type of policy. You are unique and your car insurance should be unique as well. These are some specific questions might point out if you would benefit from professional advice.
- Does my medical payments coverage pay my health insurance deductible?
- Can I use my car for my catering business?
- Do I need to call my car insurance company before buying a new car?
- Is my Mitsubishi Outlander covered for smoke damage?
- When should I remove comp and collision on my Mitsubishi Outlander?
- Can I cancel at any time?
- Is pleasure use cheaper than using my Mitsubishi Outlander to commute?
If you don't know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It only takes a few minutes and can provide invaluable advice.
Car insurance companies are expert advertisers
Consumers can't avoid all the ads for the lowest price car insurance by Allstate, GEICO and Progressive. All the ads convey the message about how much you will save if you get a free Colorado Springs auto insurance quote and switch your car insurance coverage to their company.
That's great but how can every company cost less than your current company?
Different companies provide the lowest rates for the type of driver that earns them the most money. For instance, a profitable customer should be over the age of 50, has no tickets, and drives a vehicle with a low ISO rating. A customer that hits that "sweet spot" receive the lowest rate quotes in Colorado Springs and as a result will probably save a lot on Colorado Springs Mitsubishi Outlander insurance if they switch.
Potential insureds who do not fit these standards may receive a higher rate which usually ends up with the driver buying from a lower-cost company. If you pay attention, the ads say "people who switch" not "all people who quote" save the amount stated. This is how insurance companies can make claims like that.
Different companies use different criteria so you really should get as many free Colorado Springs auto insurance quotes as possible. It is impossible to guess the company that will have better prices than you're paying now.
Auto insurance coverages and their meanings
Learning about specific coverages of auto insurance aids in choosing the right coverages and the correct deductibles and limits. Auto insurance terms can be ambiguous and nobody wants to actually read their policy. These are typical coverages offered by auto insurance companies.
Comprehensive coverages - This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for things like hitting a bird, hail damage and theft. The maximum payout you'll receive from a claim is the market value of your vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.
Coverage for medical payments - Coverage for medical payments and/or PIP pay for expenses for surgery, dental work, chiropractic care, EMT expenses and pain medications. They are often used in conjunction with a health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay
Collision coverages - This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for claims like colliding with a tree, sustaining damage from a pot hole, crashing into a ditch and hitting a mailbox. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible on your Outlander to save money on collision insurance.
Coverage for liability - This protects you from damage that occurs to other's property or people. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 25/50/15 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $15,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount with no separate limits for injury or property damage.
Liability coverage protects against claims such as medical expenses, emergency aid, repair costs for stationary objects and attorney fees. How much coverage you buy is a decision to put some thought into, but it's cheap coverage so purchase as high a limit as you can afford. Colorado requires drivers to carry at least 25/50/15 but you should think about purchasing more coverage.
Uninsured and underinsured coverage - This coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle's occupants as well as your vehicle's damage.
Since a lot of drivers only purchase the least amount of liability that is required (25/50/15 in Colorado), their limits can quickly be used up. So UM/UIM coverage is very important. Frequently the UM/UIM limits are set the same as your liability limits.
Get the best coverage at the best price
While you're price shopping online, do not buy poor coverage just to save money. Too many times, an accident victim reduced liability limits or collision coverage to discover at claim time that the few dollars in savings costed them thousands. Your focus should be to buy the best coverage you can find at a price you can afford, but do not sacrifice coverage to save money.
Some insurance companies may not offer the ability to get quotes online and most of the time these regional insurance providers prefer to sell through local independent agencies. Budget-conscious Mitsubishi Outlander insurance can be bought online as well as from insurance agents, and you need to comparison shop both to have the best rate selection.
Much more information about insurance in Colorado can be read below:
- Determing Auto Insurance Rates (GEICO)
- Who Has Affordable Car Insurance Quotes for a Dodge Ram in Colorado? (FAQ)
- Who Has Affordable Auto Insurance for Active Military in Colorado? (FAQ)
- Who Has Affordable Auto Insurance for Teenagers in Colorado? (FAQ)
- Who Has Cheap Colorado Auto Insurance for Infrequent Drivers? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for 4x4 Vehicles in Colorado? (FAQ)
- Auto Insurance Learning Center (State Farm)
- Avoiding Deer Collisions (Insurance Information Institute)
- What is Covered by GAP Insurance? (Allstate)