Have you had enough of paying out the nose to keep your car insured? You have the same problem as many other Colorado consumers.
Shocking but true, about 70% of customers have stayed with the same insurance company for at least four years, and 38% of drivers have never compared car insurance rates at all. Many consumers in Fort Collins could save about 35% each year just by shopping around, but most tend to underestimate the actual amount they would save if they replace their high priced policy. There is such a variety of insurers to buy insurance from, and although it's a good thing to have multiple companies, it can be more difficult to adequately compare rates for Scion tC insurance in Fort Collins.
Buy Fort Collins Scion tC insurance online
The companies in the list below are our best choices to provide free quotes in Fort Collins, CO. If multiple providers are shown, we recommend you visit several of them to find the most competitive car insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|TC 2-Dr Hatchback||$200||$460||$452||$26||$136||$1,274||$106|
|Get Your Own Custom Quote Go|
Prices based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Rates do not factor in vehicle location which can revise premium rates noticeably.
Age, gender, and Scion tC insurance
The information below illustrates the comparison of Scion tC insurance costs for male and female drivers. The rate quotes are based on no accidents or driving violations, comp and collision included, $100 deductibles, drivers are not married, and no discounts are applied.
Scion tC full coverage rates compared to liability only
The example below illustrates the difference between Scion tC auto insurance rates with full coverage compared to only the Colorado minimum liability coverage. The data is based on no tickets, no at-fault accidents, $250 deductibles, single female driver, and no discounts are applied to the premium.
When to drop full coverage
There is no exact formula of when to phase out comp and collision coverage, but there is a general convention. If the annual cost of coverage is more than 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let's pretend your Scion tC book value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, you would only receive $2,000 after paying your policy deductible. If you are paying over $200 annually for physical damage coverage, then it may be the right time to buy liability only.
There are some situations where buying only liability insurance is not financially feasible. If you still have a lienholder on your title, you have to keep full coverage to protect the lienholder's interest in the vehicle. Also, if you can't afford to buy a different vehicle in the even your car is totaled, you should not eliminate full coverage.
Don't neglect these rate reducing discounts
Insurance is not an enjoyable expense, but there's a good chance there are discounts to help bring down the price. Some discounts will apply at quote time, but a few must be asked for before being credited. If you do not check that you are getting every discount possible, you could be paying more than you need to.
- Sign Online - Many companies will provide an incentive for buying your policy online.
- Discounts for Multiple Vehicles - Having primary and secondary vehicles on the same insurance policy can get a discount for every vehicle.
- Theft Deterrent System - Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen less frequently and that can save you a little bit as well.
- Discount for Life Insurance - Some companies give a small discount if you purchase life insurance from them.
- Anti-lock Brake Discount - Cars that have steering control and anti-lock brakes prevent accidents so companies give up to a 10% discount.
A little note about advertised discounts, some credits don't apply to all coverage premiums. Some only apply to the price of certain insurance coverages like physical damage coverage or medical payments. Despite the appearance that you would end up receiving a 100% discount, insurance companies aren't that generous. But any discount will help reduce your premiums.
To see a list of insurers that can offer you the previously mentioned discounts in Fort Collins, follow this link.
Car insurance protects more than just your car
Despite the fact that car insurance is not cheap in Fort Collins, car insurance is a good idea for several reasons.
First, just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific minimum amounts of liability protection in order to get the vehicle licensed. 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 car has a loan, most lenders will have a requirement that you have insurance to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the lender will be forced to insure your Scion at a more expensive rate and require you to reimburse them the higher premium.
Third, insurance protects not only your Scion tC but also your financial assets. Insurance will also pay for all forms of medical expenses for you, any passengers, and anyone injured in an accident. Liability coverage will also pay to defend you if you are sued as the result of an accident. If your car is damaged in a storm or accident, your car insurance policy will pay to restore your vehicle to like-new condition.
The benefits of carrying adequate insurance definitely exceed the price paid, specifically if you ever have a liability claim. As of last year, the average driver in Colorado is currently overpaying as much as $855 a year so we recommend shopping around once a year at a minimum to save money.
Are car insurance agents obsolete?
Many drivers would rather buy from a local agent and that is OK! Good agents can help determine the best coverages and help file insurance claims. One of the best bonuses of comparing rates online is the fact that you can find cheap rate quotes but still work with a licensed agent.
Upon completion of this simple form, the quote information is immediately sent to agents in your area who can give free rate quotes for your business. You won't need to search for an agent due to the fact that quote results will go straight to your inbox. If you want to quote rates from a specific company, you can always find their quoting web page and fill out their quote form.
Finding the right provider needs to be determined by more than just the bottom line cost. These are some questions you should get answers to.
- Can they help ensure a fair claim settlement?
- Can glass claims be handled at your home?
- Is the quote a firm price?
- Does the agent have a valid license to sell insurance in Colorado?
- Do they have cheaper tiers of coverage?
- Are there any extra charges for paying monthly?
Two different types of car insurance agents
If you would like to find local Fort Collins agents, there are a couple of different agency structures and how they function. Car insurance policy providers are either independent or exclusive. Both types can sell and service car insurance coverage, but it's good to learn the difference in the companies they write for because it can factor into your agent selection.
These agents write business for a single company like AAA, State Farm, Farmers Insurance, and Allstate. They usually cannot place coverage with different providers so they have to upsell other benefits. Exclusive agencies are trained well on sales techniques which helps them sell on service rather than price.
The following is a short list of exclusive agencies in Fort Collins that are able to give price quotes.
American Family Insurance - Conrad Manyik Agency Inc.
5620 Fossil Creek Pkwy Ste 1100 - Fort Collins, CO 80525 - (970) 225-0304 - View Map
Independent Agencies or Brokers
Independent insurance agents are not restricted to one company so they can write business through many different car insurance companies depending on which coverage is best. If your premiums go up, they can switch companies in-house and you don't have to switch agencies. When comparing rates, you definitely need to include rate quotes from a couple of independent agencies to have the most options to choose from.
Listed below is a short list of independent insurance agencies in Fort Collins that can give you rate quotes.