The words “bargain” and “insurance” really don’t belong together, specifically when you are shopping around for the best car insurance rates for teachers. To help control this cost, let’s introduce you to some of the things that impact insurance rates, and see if you can slash the price of your next policy.
The make and model of vehicle driven is a large consideration when comparison shopping for the best auto insurance for teachers. Vehicles with lots of speed or power, a lack of advanced safety features, or a track record of large liability claims will cost much more to insure than safer, lower-performance models. The information below features auto insurance prices for a number of the most affordable vehicles to insure in Colorado.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $1,132 |
| Honda CR-V EX 4WD | $1,158 |
| Volkswagen Jetta S 2.5 Station Wagon | $1,228 |
| Ford Escape XLT 2WD | $1,301 |
| Dodge Grand Caravan Hero | $1,342 |
| Chevrolet Equinox LS 2WD | $1,349 |
| Toyota Camry LE | $1,342 |
| Nissan Altima 2.5 S 4-Dr Sedan | $1,412 |
| Hyundai Sonata GLS 4-Dr Sedan | $1,439 |
| Honda Odyssey Touring | $1,447 |
| Kia Optima LX | $1,439 |
| Honda Civic DX 4-Dr Sedan | $1,514 |
| Ford Focus S 4-Dr Sedan | $1,520 |
| Start Your Quote Go | |
Data based on single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Price information does not factor in vehicle garaging location which can lower or raise insurance rates noticeably.
Based upon the table data, you can conclude that vehicles like the Hyundai Elantra, Honda CR-V, Volkswagen Jetta, and Ford Escape will be some of the cheaper vehicles to insure for teachers and educators.
For teachers and educators, one of the more important things that help determine car insurance rates is where you live. Cities with larger populations or higher claim trends will most likely pay more, whereas areas with less congestion have the enjoyment of a little cheaper coverage.
The table below ranks the most expensive places in Colorado for teachers in which to buy car insurance. Colorado Springs makes the list at #6 with an annual rate of $1,329 for the average policy, which is around $111 each month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | Pueblo | $1,440 |
| 2 | Denver | $1,425 |
| 3 | Aurora | $1,375 |
| 4 | Security-Widefield | $1,343 |
| 5 | Lakewood | $1,337 |
| 6 | Colorado Springs | $1,329 |
| 7 | Commerce City | $1,328 |
| 8 | Centennial | $1,317 |
| 9 | Northglenn | $1,303 |
| 10 | Ken Caryl | $1,287 |
| 11 | Thornton | $1,281 |
| 12 | Brighton | $1,273 |
| 13 | Westminster | $1,272 |
| 14 | Parker | $1,270 |
| 15 | Arvada | $1,269 |
| 16 | Highlands Ranch | $1,267 |
| 17 | Littleton | $1,254 |
| 18 | Castle Rock | $1,248 |
| 19 | Broomfield | $1,215 |
| 20 | Boulder | $1,171 |
| Compare Rates Now Go | ||
Rate quotes are approximated as the specific zip code location can revise auto insurance rates greatly.
How accidents and tickets impact rates
In a perfect world, the best way to maintain affordable insurance premiums in Colorado Springs for teachers and educators is to be an attentive driver and avoid traffic citations and accidents. The information below shows how traffic citations and accidents influence annual premium costs for each different age group. The data is based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied.
The data above shows the average cost of a car insurance policy in Colorado Springs per year with no accidents and a clean driving record is $1,928. Get one speeding ticket and the average cost rises to $2,247, an increase of $319 each year. Now add one accident along with the one speeding ticket and the annual cost of insurance for teachers goes up to an average of $3,143. That’s an increase of $1,215, or $101 per month, just for not being more responsible behind the wheel!
Should you buy full coverage?
Lowering the price of insurance is probably important to most people, and an easy way to reduce the cost of insurance for teachers is to buy liability only. The example below compares insurance premiums when comparing full coverage to liability only. The costs are based on no claims or violations, $250 deductibles, drivers are not married, and no discounts are applied.
If we average all the age groups together, physical damage coverage costs an additional $2,040 per year more than carrying just liability coverage. That may make you wonder if paying for full coverage is a waste of money. There is no specific rule that works best for making the decision to drop physical damage insurance, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.
Colorado Springs insurance companies
Finding the right car insurance provider is hard considering how many companies there are in Colorado Springs. The information displayed below can help you pick which providers to look at to insure your vehicles. These ratings are for the largest auto insurers in America, so companies that focus mainly on Colorado business are not taken into consideration for the list.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
The professional agents shown below can provide answers to your questions and help you determine which coverages are best, since lots of people like to get help from a professional when trying to find lower insurance rates for teachers. It can be difficult to find the cheapest rate yourself, so getting professional guidance from a licensed agent can give you comfort knowing your policy gives you enough protection.
To find a Colorado Springs insurance agency close to you, click the button after the list.
Southern Colorado Insurance Center
4390 Academy Blvd N – Colorado Springs, CO 80918 – (719) 329-4441
State Farm: Jeff Libby
7610 N Union Blvd #115 – Colorado Springs, CO 80920 – (719) 593-9200
Connie Slater – State Farm Insurance Agent
5731 Silverstone Terrace #120 – Colorado Springs, CO 80919 – (719) 268-9003