Nobody that owns a car fancies paying their premiums for auto insurance, especially when they know they could find better rates elsewhere.
It’s easy to assume that car insurance companies want to keep you from comparing prices. Consumers who shop for lower prices are inclined to switch companies because they have good chances of finding a lower rate. A study discovered that drivers who shopped around annually saved about $3,450 over four years compared to other drivers who never shopped around for better prices.
If finding the lowest price for Volkswagen Rabbit insurance is your objective, then having an understanding of how to find and compare cheaper coverage can help make the process easier. You have so many auto insurance companies to pick from, and though it is a good thing to be able to choose, lots of choices makes it harder to compare company pricing for Volkswagen Rabbit insurance in Colorado Springs.
It’s smart to compare rates once or twice a year because auto insurance prices are usually higher with each renewal. Even if you think you had the best price on Volkswagen Rabbit insurance in Colorado Springs on your last policy you may be paying too much now. You can find a lot of misleading information regarding Rabbit insurance online, but I’m going to show you a lot of great tips on how to stop overpaying for insurance in Colorado Springs.
Locating the best rates in Colorado Springs is actually very simple if you learn how to start. If you are insured now, you should be able to cut your premiums using these tips. Smart shoppers just need to use how to compare price quotes online.
Auto insurance policy discounts for Volkswagen Rabbit insurance in Colorado Springs
Car insurance companies don’t always publicize the entire discount list in an easy-to-find place, so here is a list a few of the more common and the harder-to-find credits that you can use to lower your rates.
- Policy Bundle Discount – If you can combine your home and auto policy with the same insurance company you could save approximately 10% to 15%.
- Memberships – Being a member of qualifying employment or professional organizations could qualify you for a break on auto insurance.
- Discount for Life Insurance – If the company offers life insurance, you could get a discounted auto insurance rate on car insurance if you buy life insurance.
- Online Discount – Many companies will provide an incentive simply for signing digitally online.
- Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off PIP or medical payments premium.
- Good Students Pay Less – Performing well in school can get you a discount of up to 25%. You can use this discount normally up until you turn 25.
- Anti-lock Brake System – Cars with ABS braking systems or traction control can stop better under adverse conditions and therefore earn up to a 10% discount.
- Full Payment Discount – By making one initial payment instead of paying each month you may have a lower total premium amount.
A little note about advertised discounts, many deductions do not apply to your bottom line cost. Most cut the cost of specific coverages such as liability and collision coverage. So when it seems like you could get a free auto insurance policy, companies wouldn’t make money that way.
The best auto insurance companies and some of the discounts can be found below.
- State Farm has discounts for multiple policy, anti-theft, good student, defensive driving training, and student away at school.
- Farmers Insurance has savings for early shopping, teen driver, multi-car, distant student, electronic funds transfer, and good student.
- GEICO may include discounts for multi-policy, anti-lock brakes, anti-theft, multi-vehicle, five-year accident-free, and driver training.
- American Family discounts include bundled insurance, early bird, good driver, accident-free, and air bags.
- Nationwide policyholders can earn discounts including accident-free, good student, defensive driving, family plan, easy pay, anti-theft, and Farm Bureau membership.
- Progressive offers discounts including multi-vehicle, homeowner, continuous coverage, online quote discount, good student, multi-policy, and online signing.
When quoting, ask all companies you are considering which credits you are entitled to. All car insurance discounts may not apply in Colorado Springs. To see a list of auto insurance companies that offer some of these discounts in Colorado, click here to view.
Finding cheap Volkswagen Rabbit auto insurance quotes is not a difficult process. All you need to do is invest a little time comparing price quotes online with multiple companies.
Online shopping is fast and free, and it makes it obsolete to spend time driving to different Colorado Springs agent offices. Quoting and buying Volkswagen Rabbit insurance online makes this process obsolete unless you have a complicated situation and need the professional assistance of an agent trained in personal lines coverage. If you prefer, some companies allow you to get prices online but buy from a local insurance agent.
The companies in the list below can provide free rate quotes in Colorado Springs, CO. If you want to find cheap car insurance in Colorado Springs, we suggest you click on several of them in order to get a fair rate comparison.
Local Colorado Springs auto insurance agents
Many people just prefer to get advice from a local agent and that can be a great decision Professional agents are trained risk managers and will help you if you have claims. A nice benefit of price shopping on the web is the fact that you can find cheaper rates but also keep your business local.
To help locate an agent, after submitting this quick form, your coverage information is immediately sent to local insurance agents who will return price quotes for your insurance coverage. You won’t even need to contact any agents because quoted prices will be sent directly to your email. In the event you want to get a comparison quote from a specific company, you would need to find their quoting web page and fill out the quote form the provide.
Selecting an provider should include more criteria than just the bottom line cost. Any agent in Colorado Springs should be forthright in answering these questions:
- Is there a local claims center in Colorado Springs?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Can they provide you with a list of referrals?
- Do they specialize in personal lines coverage in Colorado Springs?
- Do the coverages you’re quoting properly cover your vehicle?
- Do they offer rental car reimbursement?
- Does the agent have a valid license to sell insurance in Colorado?
- Will they make sure you get an adequate claim settlement?
Once you have received good responses to any questions you have as well as a price you’re happy with, chances are good that you have found an provider that meets the criteria to provide auto insurance coverage.
What is the best car insurance company in Colorado?
Finding the top auto insurance company is hard considering how many companies provide coverage in Colorado. The company ratings in the lists below can help you choose which car insurance providers to look at when comparing rate quotes.
Top 10 Colorado Springs Car Insurance Companies Overall
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
- Mercury Insurance
Car insurance coverages explained
Having a good grasp of your car insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement. These are typical coverages found on the average car insurance policy.
Collision insurance
Collision insurance pays for damage to your Rabbit resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.
Collision can pay for claims like scraping a guard rail, hitting a parking meter, sideswiping another vehicle, crashing into a ditch and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also bump up the deductible on your Rabbit to bring the cost down.
Liability auto insurance
Liability insurance protects you from damages or injuries you inflict on people or other property in an accident. It protects you against other people’s claims. It does not cover your injuries or vehicle damage.
Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 25/50/15 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and a limit of $15,000 paid for damaged property.
Liability insurance covers things like loss of income, repair bills for other people’s vehicles, pain and suffering and legal defense fees. The amount of liability coverage you purchase is a personal decision, but buy as high a limit as you can afford. Colorado state minimum liability requirements are 25/50/15 but you should think about purchasing higher limits.
The chart below shows why buying low liability limits may not be enough coverage.
Coverage for medical expenses
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like rehabilitation expenses, X-ray expenses, doctor visits, funeral costs and dental work. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. PIP coverage is not available in all states but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered claims include injuries to you and your family and also any damage incurred to your Volkswagen Rabbit.
Due to the fact that many Colorado drivers only purchase the least amount of liability that is required (which is 25/50/15), it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.
Comprehensive car insurance
This coverage pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for things such as fire damage, a tree branch falling on your vehicle and hail damage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
In Summary
When you buy Colorado Springs car insurance online, do not buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at the best possible price and still be able to protect your assets.
We covered many ways to compare Volkswagen Rabbit insurance premium rates in Colorado Springs. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding affordable Volkswagen Rabbit insurance quotes. You may even be surprised to find that the most savings is with the least-expected company. They may cover specific market segments cheaper than their larger competitors like State Farm or Progressive.
Affordable Volkswagen Rabbit insurance in Colorado Springs is attainable both online in addition to many Colorado Springs insurance agents, and you need to comparison shop both to have the best rate selection. There are still a few companies who may not offer rate quotes online and these small, regional companies provide coverage only through independent agencies.
Steps to finding the cheapest rates for Volkswagen Rabbit insurance in Colorado Springs
It takes a little time, but the best way to save money on car insurance rates in Colorado Springs is to compare prices annually from companies that insure vehicles in Colorado. You can compare rates by completing these steps.
- Step 1: Try to learn about how your policy works and the modifications you can make to prevent expensive coverage. Many risk factors that result in higher prices like distracted driving and a poor credit score can be amended by making minor changes in your lifestyle.
- Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can give quotes from one company like GEICO and State Farm, while independent agencies can provide rate quotes for many different companies.
- Step 3: Compare the new quotes to the premium of your current policy to determine if you can save on Rabbit insurance in Colorado Springs. If you find a lower rate and buy the policy, make sure there is no coverage gap between policies.
- Step 4: Provide written notification to your current company of your intent to cancel your current car insurance policy and submit a completed policy application and payment for the new policy. As soon as coverage is bound, put the new certificate verifying coverage in your glove compartment.
One thing to remember is to try to use identical deductibles and limits on every price quote and and to get rates from as many carriers as you can. This ensures an accurate price comparison and many rates to choose from.
Helpful information
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Who Has Cheap Auto Insurance for a Ford F-150 in Colorado Springs? (FAQ)
- How Much are Auto Insurance Rates for a Honda CR-V in Colorado Springs? (FAQ)
- Who Has Cheap Auto Insurance for Business Use in Colorado Springs? (FAQ)
- How Much is Auto Insurance for Postal Workers in Colorado Springs? (FAQ)
- What Insurance is Cheapest for a Nissan Rogue in Colorado Springs? (FAQ)
- Auto Theft Statistics (Insurance Information Institute)
- Uninsured Motorist Statistics (Insurance Information Institute)
- Red Light Cameras (State Farm)
- How do I File a Claim? (Insurance Information Institute)