Chevy Aveo Insurance Quotes in Colorado Springs

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Insurance rates Chevy Aveo in Colorado SpringsThe most effective way to get discount car insurance rates is to begin comparing prices regularly from different companies in Colorado Springs.

  • Step 1: Get a basic knowledge of policy coverages and the measures you can control to prevent rate increases. Many policy risk factors that cause high rates like accidents, careless driving, and a lousy credit rating can be amended by improving your driving habits or financial responsibility.
  • Step 2: Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like Progressive or State Farm, while independent agents can provide rate quotes from many different companies. View rates
  • Step 3: Compare the new rate quotes to your current policy and determine if cheaper Aveo coverage is available. If you can save money, make sure coverage does not lapse between policies.

A good tip to remember is to make sure you're comparing the same level of coverage on each quote request and and to get price quotes from as many different insurance providers as possible. Doing this guarantees the most accurate price comparison and a complete price analysis.

It's a fact that car insurance companies don't want their policyholders to compare prices. Consumers who shop around for cheaper price quotes will, in all likelihood, buy a different policy because of the good chance of finding a policy with better rates. A recent insurance study discovered that people who compared rates once a year saved approximately $3,450 over four years compared to drivers who never shopped for cheaper rates.

If finding the lowest rates on insurance in Colorado Springs is your target objective, then having some knowledge of how to find and compare car insurance can help you be more efficient.

If you have coverage now, you will surely be able to save money using these techniques. The intent of this article is to teach you how to compare rates easily and some tips to save money. Although Colorado consumers benefit from understanding how the larger insurance companies determine premium rates because rates fluctuate considerably.

Best companies for Chevy Aveo insurance

The following companies can provide price quotes in Colorado. In order to find the best cheap car insurance in Colorado Springs, we suggest you visit several of them to get the most affordable price.

Rate information and statistics

The rate table below showcases different coverage costs for Chevy Aveo models. Having a better understanding of how rates are calculated can help guide drivers when making decisions when shopping around.

Chevrolet Aveo Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Aveo LS 4-Dr Hatchback $244 $534 $474 $28 $142 $1,422 $119
Aveo LS 4-Dr Sedan $244 $534 $474 $28 $142 $1,422 $119
Aveo LT 4-Dr Hatchback $276 $534 $474 $28 $142 $1,454 $121
Aveo LT 4-Dr Sedan $276 $534 $474 $28 $142 $1,454 $121
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Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, multi-vehicle, and claim-free. Rate quotes do not factor in specific location information which can change coverage rates substantially.

An analysis of deductible level

The hardest decision when buying coverage is how low should you set your deductibles. The rates shown below show the differences in premium rates when you buy lower versus higher coverage deductibles. The first set of rates uses a $100 deductible and the second price grid uses a $500 deductible.

Chevrolet Aveo insurance rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Aveo LS 4-Dr Hatchback $302 $644 $352 $20 $106 $1,449 $121
Aveo LS 4-Dr Sedan $302 $644 $352 $20 $106 $1,449 $121
Aveo LT 4-Dr Hatchback $342 $644 $352 $20 $106 $1,489 $124
Aveo LT 4-Dr Sedan $342 $644 $352 $20 $106 $1,489 $124
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Chevrolet Aveo insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Aveo LS 4-Dr Hatchback $220 $434 $352 $20 $106 $1,132 $94
Aveo LS 4-Dr Sedan $220 $434 $352 $20 $106 $1,132 $94
Aveo LT 4-Dr Hatchback $250 $434 $352 $20 $106 $1,162 $97
Aveo LT 4-Dr Sedan $250 $434 $352 $20 $106 $1,162 $97
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Price estimates do not factor in garaging location in Colorado Springs which can change prices substantially.

Based on the data above, we can derive that using a $100 deductible costs approximately $27 more each month or $324 every year across all Chevrolet Aveo models than requesting the higher $500 deductible. Because you would pay $400 more if you file a claim with a $500 deductible as compared to a $100 deductible, if you tend to have at a minimum 15 months between claims, you would save more money if you decide on a higher deductible.

The diagram below shows how choosing a deductible and can change Chevy Aveo insurance premiums for different insured age categories. The information is based on a single male driver, full physical damage coverage, and no policy discounts are applied.

Cost of full coverage in Colorado Springs

The illustration below visualizes the comparison of Chevy Aveo auto insurance rates with full physical damage coverage compared to only buying liability only. The data is based on no violations or claims, $100 deductibles, drivers are not married, and no additional discounts are factored in.

Are you wasting money on full coverage?

There is no set guideline of when to stop paying for physical damage coverage, but there is a general guideline. If the yearly cost for physical damage coverage is 10% or more of the settlement you would receive from your company, then you might want to consider buying only liability coverage.

For example, let's pretend your Chevy Aveo book value is $4,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most your company would pay you is $3,000 after paying your policy deductible. If it's costing you more than $300 annually for comprehensive and collision coverage, then you might consider buying liability only.

There are a few situations where removing full coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage in order to keep the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Good Decisions Result in Lower Insurance Prices

It's important that you understand the rating factors that help determine the price you pay for insurance. If you have a feel for what influences your rates, this allows you to make good choices that can help you get big savings.

The itemized list below are most of the major factors insurance companies consider when setting your premiums.

  • Youthful drivers pay higher costs - Older drivers are viewed as being more responsible, are lower risk to insure, and usually have better credit. Youthful drivers are proven to be less responsible behind the wheel so insurance rates are higher.

    The following data assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

  • Don't abuse insurance claims - If you tend to file frequent claims, you can definitely plan on higher rates. Auto insurance companies in Colorado generally give the lowest premiums to drivers who are not frequent claim filers. Your car insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Drive less and save - The more you drive each year the more you'll pay to insure it. Almost all companies charge to insure your cars partially by how you use the vehicle. Cars that are left in the garage get more affordable rates as compared to vehicles used primarily for driving to work. It's always a good idea to double check that your insurance policy states how each vehicle is driven, because it can save money. Having the wrong rating on your Aveo can result in significantly higher rates.
  • High performance equals high prices - The make and model of the car or truck you need insurance for makes a big difference in the rate you pay. The lowest rates are usually for the lowest performance passenger cars, but your final cost has many other factors.

    The data below assumes a single female driver age 30, full coverage with $100 deductibles, and no discounts or violations. It compares Chevrolet Aveo policy rates compared to other makes and models that have different performance risks.

  • Cheaper insurance rates for prior coverage - Driving with no insurance is a misdemeanor and any future policy may cost more because you let your insurance coverage expire. And not only will insurance be more expensive, being ticketed for driving with no insurance may earn you fines or a revoked license.
  • Where you live factors in - Residing in less populated areas has definite advantages when it comes to insurance. Fewer drivers and short commutes translates into fewer accident claims in addition to lower liability claims. People who live in big cities have more auto accidents and a longer drive to work. The longer drive time statistically corresponds to a higher accident and claim rate.
  • Raise physical damage deductibles and save - Physical damage protection, termed comprehensive and collision coverage on your policy, covers damage that occurs to your Chevy. Some examples of covered claims could be running into the backend of another car, flood damage, and rolling your vehicle. Comp and collision deductibles are how much you are required to spend out-of-pocket before your insurance pays a claim. The more you're willing to pay, the less money you will pay for insurance.

Slash rates with these money saving discounts

Some companies don't always advertise all discounts very well, so the following list contains a few of the more common as well as the least known savings tricks you should be using when you buy Colorado Springs auto insurance online.Car insurance discounts

  • Air Bag Discount - Factory air bags may qualify for discounts of more than 20%.
  • Early Signing - Some larger companies give discounts for buying a policy prior to your current Aveo insurance policy expiring. You can save around 10% with this discount.
  • Discount for Good Grades - Being a good student may save as much as 25% on a Colorado Springs auto insurance quote. The discount lasts well after school through age 25.
  • Claim Free - Insureds with no claims or accidents can earn big discounts as opposed to bad drivers.
  • Telematics Devices - Policyholders that allow driving data submission to look at driving habits by using a telematics device such as Snapshot from Progressive or Drivewise from Allstate could save a few bucks if they show good driving skills.
  • Seat Belts Save more than Lives - Buckling up and requiring all passengers to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.

As is typical with insurance, most credits do not apply to the entire cost. Most only reduce specific coverage prices like medical payments or collision. Just because it seems like all those discounts means the company will pay you, it's just not the way it works.

The information below shows the difference between Chevy Aveo insurance premiums with and without some available policy discounts. The rate quotes are based on a male driver, no accidents, no driving violations, Colorado state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, multi-car, marriage, and claim-free discounts applied.

Popular car insurance companies and some of the premium reductions they offer include:

  • GEICO may include discounts for daytime running lights, good student, multi-policy, membership and employees, emergency military deployment, anti-theft, and driver training.
  • Auto-Owners Insurance discounts include mature driver, paid in full, multiple vehicles, good student, and student away at school.
  • American Family has discounts for Steer into Savings, accident-free, multi-vehicle, defensive driver, and early bird.
  • Esurance offers discounts including DriveSense, renters, anti-lock brakes, good student, and online quote.
  • Progressive has savings for multi-vehicle, multi-policy, good student, online quote discount, homeowner, online signing, and continuous coverage.
  • State Farm may have discounts that include Steer Clear safe driver discount, driver's education, good driver, multiple autos, and accident-free.
  • AAA policyholders can earn discounts including pay-in-full, good student, AAA membership discount, anti-theft, good driver, multi-policy, and multi-car.

It's a good idea to ask every company which credits you are entitled to. Discounts might not apply in every state.

Local Colorado Springs insurance agents and auto insurance

Some consumers just prefer to talk to an insurance agent and that is a smart decision One of the great benefits of comparing insurance prices online is the fact that you can find cheap auto insurance quotes but also keep your business local. And supporting neighborhood insurance agencies is important especially in Colorado Springs.

Colorado Springs insurance agentsFor easy comparison, once you complete this form (opens in new window), your information is instantly submitted to participating agents in Colorado Springs that can provide free Colorado Springs auto insurance quotes for your business. You never need to contact any insurance agencies because prices are sent directly to you. You can find better rates without requiring a lot of work. If for some reason you want to get a comparison quote from a particular provider, you would need to visit that company's website and fill out their quote form.

Below is a short list of insurance companies in Colorado Springs willing to provide rate quotes for Chevy Aveo insurance in Colorado Springs.

View more Colorado Springs agents

Choosing an company shouldn't rely on just the quoted price. Any agent in Colorado Springs should have no problem answering these questions:

  • Does their agency support local causes in Colorado Springs?
  • Are there any hidden costs in their price quote and does it include driving and credit history?
  • What kind of financial rating does the company have?
  • Which insurance companies are they affiliated with?
  • Do they have 24-hour customer assistance?
  • Will their companies depreciate repairs to your car based on the mileage?
  • Are claims handled at the agent's location?
  • How often do they review policy coverages?

After talking to the agent and getting good answers to all your questions and an acceptable price quote, chances are good that you have found an provider that can be trusted to adequately provide auto insurance.

How to find a good Colorado auto insurance company

Choosing the highest-rated insurance provider can be a challenge considering how many companies sell coverage in Colorado Springs. The information below may help you select which companies to look at purchasing a policy from.

Top 10 Colorado Springs Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. The General
  8. Titan Insurance
  9. Progressive
  10. Mercury Insurance

Top 10 Colorado Springs Car Insurance Companies Ranked by Customer Satisfaction

  1. Titan Insurance - 95%
  2. USAA - 94%
  3. AAA Insurance - 91%
  4. State Farm - 90%
  5. Nationwide - 90%
  6. The Hartford - 89%
  7. GEICO - 89%
  8. The General - 88%
  9. 21st Century - 88%
  10. Liberty Mutual - 88%

Compare. Compare. Compare.

Cheaper auto insurance in Colorado Springs is definitely available both online in addition to many Colorado Springs insurance agents, and you should be comparing both so you have a total pricing picture. Some companies may not have the ability to get quotes online and most of the time these regional carriers work with independent agents.

Drivers who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, unfair underwriting practices, delays in responding to claim requests and even high rates after DUI convictions. Whatever your reason, switching companies is easier than you think.

As you shop your coverage around, it's very important that you do not skimp on critical coverages to save a buck or two. Too many times, an insured dropped collision coverage and learned later that the small savings ended up costing them much more. The goal is to buy the best coverage you can find at a price you can afford but still have enough coverage for asset protection.

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