No car owner looks forward to paying for car insurance, especially when they are aware that they could lower their rates if they shopped around.

Discount Toyota Yaris insuranceAmazingly, a recent study showed that most car insurance policyholders in Colorado renewed their policy with the same company for at least the last four years, and practically 40% of car insurance customers have never compared rate quotes at all. Drivers in America can save approximately 47% each year just by getting comparison quotes, but they don't understand how simple it is to compare rates.

Numerous auto insurance companies battle to insure your vehicles, and it can be difficult to compare rates and uncover the absolute best price available on Toyota Yaris insurance in Denver.

When shopping for Toyota Yaris insurance in Denver there are multiple ways to compare prices from lots of Colorado car insurance companies. One of the best ways to comparison shop is to use the internet to compare rates.

Doing price comparisons online is so simple that it makes it obsolete to make phone calls or go to each insurance agency near you. Comparing online rate quotes can eliminate the need for a local agent unless you require the professional advice that only an agent can give. It is possible to find lower rates online and get advice from an agent in your area. When price shopping your coverage, obtaining a wide range of quotes provides better odds of finding the best price. Some regional insurers cannot provide Denver Yaris insurance quotes online, so you also need to get price estimates from those companies as well.

The auto insurance companies shown below are our best choices to provide comparison quotes in Denver, CO. If multiple companies are shown, we recommend you visit several of them to get a more complete price comparison.

Toyota Yaris Insurance Rate Estimates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Yaris 2-Dr Hatchback $184 $388 $382 $22 $114 $1,090 $91
Yaris 4-Dr Hatchback $186 $362 $358 $22 $108 $1,036 $86
Yaris 4-Dr Sedan $300 $546 $460 $28 $138 $1,472 $123
Yaris S 2-Dr Hatchback $260 $536 $416 $24 $124 $1,360 $113
Yaris S 4-Dr Hatchback $212 $416 $456 $28 $136 $1,248 $104
Yaris S 4-Dr Sedan $190 $362 $396 $24 $118 $1,090 $91
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Price data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Rate information does not factor in specific garaging location which can revise insurance rates considerably.

Choosing deductibles

When shopping for auto insurance, a common question is which comprehensive and collision deductibles to buy. The figures shown below determine how much more rates are between high and low physical damage coverage deductibles. The first data table uses a $100 comprehensive and collision deductible and the second rate chart uses a $500 deductible.

Toyota Yaris insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Yaris 2-Dr Hatchback $264 $546 $396 $24 $118 $1,373 $114
Yaris 4-Dr Hatchback $264 $546 $352 $20 $106 $1,313 $109
Yaris 4-Dr Sedan $264 $546 $352 $20 $106 $1,313 $109
Yaris S 2-Dr Hatchback $302 $546 $396 $24 $118 $1,411 $118
Yaris S 4-Dr Hatchback $302 $546 $352 $20 $106 $1,351 $113
Yaris S 4-Dr Sedan $302 $546 $352 $20 $106 $1,351 $113
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Toyota Yaris insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Yaris 2-Dr Hatchback $192 $368 $396 $24 $118 $1,098 $92
Yaris 4-Dr Hatchback $192 $368 $352 $20 $106 $1,038 $87
Yaris 4-Dr Sedan $192 $368 $352 $20 $106 $1,038 $87
Yaris S 2-Dr Hatchback $220 $368 $396 $24 $118 $1,126 $94
Yaris S 4-Dr Hatchback $220 $368 $352 $20 $106 $1,066 $89
Yaris S 4-Dr Sedan $220 $368 $352 $20 $106 $1,066 $89
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Estimates do not factor in specific location which can decrease or increase auto insurance rates significantly.

Based on this data, using a $100 deductible costs an average of $23 more each month or $276 a year than requesting the higher $500 deductible. Since the policyholder would be required to pay $400 more to settle a claim with a $500 deductible as compared to a $100 deductible, if you normally go more than 17 months between claim filings, you would save money by going with a higher deductible. The numbers below show how you can do this calculation yourself.

Average monthly premium for $100 deductibles: $113
Average monthly premium for $500 deductibles (subtract): - $90
Monthly savings from raising deductible: $23
Difference between deductibles ($500 - $100): $400
Divide difference by monthly savings: $400 / $23
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

Bad driving habits will cost you more

The chart below demonstrates how traffic citations and accidents increase Toyota Yaris car insurance costs for each age group. The information is based on a married female driver, full physical damage coverage, $250 deductibles, and no discounts are applied to the premium.

Males versus Females

The chart below shows the comparison of Toyota Yaris annual premium costs for male and female drivers. The prices are based on no driving violations, no at-fault accidents, full physical damage coverage, $1,000 deductibles, marital status is single, and no additional discounts are factored in.

Why auto insurance is not optional

Despite the high cost of buying insurance for a Toyota Yaris in Denver, buying auto insurance may be required and benefits you in several ways.

First, most states have minimum mandated liability insurance limits which means state laws require a specific minimum amount of liability in order to be legal. 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 you took out a loan on your Yaris, more than likely the lender will require you to buy insurance to guarantee loan repayment. If coverage lapses or is canceled, the lender will be forced to insure your Toyota at a more expensive rate and require you to reimburse them the higher price.

Third, auto insurance preserves both your assets and your vehicle. Insurance will pay for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability coverage also pays for attorney fees and expenses if you cause an accident and are sued. If mother nature or an accident damages your car, your auto insurance policy will cover the damage repairs after a deductible is paid.

The benefits of having insurance are without a doubt worth the cost, particularly when you have a large claim. The average driver in Colorado overpays more than $810 a year so smart consumers compare quotes at least once a year to ensure rates are competitive.

You Can Change Your Insurance Premiums

Lots of things are part of the calculation when pricing auto insurance. Some are obvious like an MVR report, but some are not as apparent such as your marital status or how safe your car is. When buying auto insurance it's important to understand the factors that aid in calculating auto insurance rates. When you understand what impacts premium levels, this enables informed choices that may reward you with much lower annual insurance costs.

The factors shown below are some of the major factors used by your company to calculate rates.

Lower rates by qualifying for discounts

Companies offering auto insurance don't necessarily list every disount available very well, so we researched some of the more common and also the lesser-known ways to save on auto insurance.Auto insurance discounts

Don't be surprised that most discount credits are not given to the entire policy premium. Most cut individual premiums such as liability and collision coverage. Despite the appearance that you could get a free auto insurance policy, you're out of luck. Any qualifying discounts will definitely reduce the premium cost.

Popular auto insurance companies and some of their more popular discounts are detailed below.

When comparing rates, check with every insurance company how many discounts you can get. Savings may not apply to policyholders everywhere.

Car insurance is available from your local insurance agencies

A lot of people still prefer to get professional advice from a licensed agent and doing that can be a smart decision An additional benefit of getting free rate quotes online is the fact that you can find cheap rate quotes and still buy from a local agent. And supporting neighborhood agents is important particularly in Denver.

Upon completion of this form (opens in new window), the coverage information is emailed to agents in your area who will give you bids to get your business. It makes it easy because there is no need to search for any insurance agencies because quoted prices will be sent directly to you. You can most likely find cheaper rates and work with a local agent. If you want to compare prices from a specific insurance company, you can always find their quoting web page and complete a quote there.

When narrowing the list to find a reliable agent, it helps to know the two types of agencies that you can choose from. Agents can be classified as either exclusive or independent agents depending on their company appointments.

Independent Agents

Independent insurance agents are not employed by any specific company and that enables them to quote your coverage through lots of different companies and find the cheapest car insurance rates. If your premiums go up, they simply move your policy to a different company and the insured can keep the same agent. When searching for an agent, you absolutely need to compare quotes from a few independent agents for maximum quote selection.

Below is a short list of independent agencies in Denver who can help you get rate quotes.

1834 S Sheridan Blvd - Denver, CO 80232 - (303) 936-7233 - View Map

2696 CO-2 - Denver, CO 80222 - (303) 377-1172 - View Map

1400 S Columbine St - Denver, CO 80210 - (970) 230-3020 - View Map

View more Denver agents

Exclusive Car Insurance Agents

These agents have only one company to place business with like State Farm, AAA, and Liberty Mutual. These agents are not able to compare rates from other companies so you need to shop around if the rates are high. They receive extensive training on their products and sales techniques and that enables them to sell even at higher rates.

Listed below is a short list of exclusive insurance agents in Denver willing to provide price quote information.

2839 Wyandot St - Denver, CO 80211 - (720) 588-4111 - View Map

1165 S Broadway #114 - Denver, CO 80210 - (303) 777-7161 - View Map

535 16th St #350 - Denver, CO 80202 - (303) 628-0554 - View Map

View more Denver agents

Choosing the best insurance agent shouldn't rely on just the bottom line cost. These are valid questions to ask:

After you get acceptable answers to these questions and a low price estimate, you may have just found an insurance agent that can service your policy.

Don't give up on cheaper rates

You just learned some good ideas how to compare Toyota Yaris insurance premium rates in Denver. The key concept to understand is the more price quotes you have, the better your chances of lowering your prices. Consumers could even find that the most savings is with an unexpected company. These companies can often insure niche markets at a lower cost than the large multi-state companies such as State Farm or Progressive.

When you buy Denver car insurance online, it's very important that you do not reduce needed coverages to save money. There have been many situations where someone dropped full coverage only to discover later that the savings was not a smart move. The proper strategy is to purchase plenty of coverage for the lowest cost, not the least amount of coverage.

Additional detailed information can be read at these sites: