Unfortunately, most auto insurance buyers in Colorado kept their policy with the same company for four years or more, and almost 40% of drivers have never compared rates with other companies. Most drivers in America could save up to 47% a year just by shopping around, but they don’t invest the time required to compare other rate quotes.
If saving the most money is your goal, then the best way to get cheaper car insurance rates is to start comparing prices regularly from insurers that sell auto insurance in Colorado Springs.
- Try to learn about how companies set rates and the modifications you can make to keep rates low. Many things that drive up the price like getting speeding tickets and a negative credit score can be amended by making lifestyle changes or driving safer. Keep reading for information to get low prices and get bigger discounts that may have been overlooked.
- Obtain price quotes from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can only quote rates from a single company like Progressive and State Farm, while independent agencies can quote rates from multiple companies. Start a quote
- Compare the new rates to your existing policy to see if switching to a new carrier will save money. If you find a better price and buy the policy, verify that coverage does not lapse between policies.
One thing to remember is to try to use similar deductibles and liability limits on every quote and and to get price estimates from every insurance company. Doing this helps ensure an apples-to-apples comparison and maximum price selection.
If you are insured now or need a new policy, you can use this information to reduce premiums without having to cut coverage. Comparison shopping for more affordable coverage in Colorado Springs is quite easy. Consumers just have to learn the best way to compare different rates online.
Best companies for Toyota Sienna insurance
The following companies have been selected to offer price quotes in Colorado Springs, CO. If you wish to find cheap car insurance in CO, we recommend you compare several of them in order to find the most competitive rates.
Insurance coverage details
The coverage table below highlights a range of insurance premium costs for Toyota Sienna models. Understanding how auto insurance policy rates are determined is important for you to make informed decisions when comparing rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Sienna LE AWD||$190||$362||$396||$24||$118||$1,090||$91|
|Sienna XLE AWD||$190||$426||$396||$24||$118||$1,154||$96|
|Sienna Limited AWD||$214||$426||$396||$24||$118||$1,178||$98|
|Get Your Own Custom Quote Go|
Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include safe-driver, multi-vehicle, claim-free, multi-policy, and homeowner. Rate information does not factor in your specific Colorado Springs location which can influence premiums significantly.
The chart below demonstrates how choosing different deductibles and can raise or lower Toyota Sienna insurance rates for different age categories. Data assumes a single female driver, full coverage, and no discounts are applied to the premium.
Smart Consumers Can Reduce Insurance Rates
It’s important that you understand some of the things that help calculate your policy premiums. When consumers understand what positively or negatively impacts your premiums, this allows you to make educated decisions that could result in cheaper rates. Multiple criteria are part of the equation when premium rates are determined. Some are obvious like a motor vehicle report, but other criteria are more obscure such as whether you are married or your financial responsibility.
The list below includes a few of the “ingredients” used by companies to determine premiums.
Insure your auto and home with one company – Most larger companies apply a discount for people who have multiple policies with them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, it’s always a smart idea to compare other company rates to confirm you are receiving the best rates possible.
Pay more by driving carelessly – Only having one speeding ticket or other violation can boost insurance rates by twenty percent. Good drivers have lower premiums compared to bad drivers. Drivers with severe violations like reckless driving or DUI may face state-mandated requirements to file a SR-22 with their state motor vehicle department in order to legally drive a vehicle.
The illustration below shows how speeding tickets and at-fault collisions can raise Toyota Sienna auto insurance rates for each age group. The premiums assume a single female driver, full coverage, $1,000 deductibles, and no discounts are applied to the premium.
Raise your deductibles for better prices – The deductibles are the amount of money you are willing to pay if the claim is covered. Physical damage coverage, aka comp and collision, covers damage that occurs to your car. Some examples of covered claims could be colliding with a stationary object, damage caused by hail, and having a roll-over accident. The larger the amount you pay before a claim is paid (deductible), the lower your rates will be.
Liability protection is important – The liability section of your policy provides coverage if ever you are found liable for causing personal injury or damage in an accident. Liability provides legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
Pay less with a high IIHS safety rating – Safe vehicles can get you lower premiums. These vehicles reduce occupant injuries and fewer injuries means less money paid by your insurance company which can mean better rates for you. If your Toyota Sienna scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
You might want pay the small claims yourself – If you tend to file frequent claims, you can look forward to much higher rates or policy non-renewal. Car insurance companies in Colorado generally give the best rates to people who are not frequent claim filers. Insurance coverage is intended to be relied upon for claims that you cannot pay yourself.
Getting married can lower costs – Walking down the aisle actually saves money on your car insurance bill. Marriage demonstrates that you tend to be more responsible and statistics prove married drivers tend to have fewer serious accidents.
Never have car insurance policy lapses – Having a lapse in insurance coverage is a guaranteed way to bump up your car insurance costs. In addition to paying higher rates, failure to provide proof of insurance could result in a revoked license or a big fine. You will then be forced to prove you have insurance by filing a SR-22 with the Colorado department of motor vehicles.
Insurance losses for a Toyota Sienna – Insurance companies factor in historical loss data when they file their rates in each state. Vehicles that historically have high amounts or severity of claims will be charged more to insure.
The table below illustrates the insurance loss data used by companies for Toyota Sienna vehicles. For each type of coverage, the claim probability for all vehicles averaged together is considered to be 100. Values under 100 suggest losses that are better than average, while values that are above 100 indicate higher probability of having a loss or statistically larger losses.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Toyota Sienna 2WD||99||88||99||94||98||85|
|Toyota Sienna 4WD||106||94||102||75||65||73|
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Discounts mean cheaper rates for Toyota Sienna insurance in Colorado Springs
Companies that sell car insurance don’t always list all discounts in a way that’s easy to find, so the list below gives a summary of a few of the more common and the more hidden discounts that may be available. If you do not check that you are getting every discount you deserve, you may be paying too high a price.
- Multi-Vehicle Discounts – Drivers who insure all your vehicles with the same auto insurance company can reduce rates for all insured vehicles.
- Professional Memberships – Affiliation with a civic or occupational organization in Colorado Springs could trigger savings on your policy.
- Discount for Good Grades – Being a good student can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
- Distant College Student Discount – Kids who live away from home at college and won’t have access to an insured vehicle could get you a discount.
- Cautious Drivers – Safe drivers could pay up to 40% less than their less cautious counterparts.
- Discount for Life Insurance – If the company offers life insurance, you could get a discount if you purchase a life policy as well.
- Passive Restraints – Vehicles with factory air bags may get savings of more than 20%.
- New Car Discount – Buying insurance coverage on a new vehicle may earn a small discount because new model year vehicles are generally safer.
As a footnote on discounts, some credits don’t apply to the whole policy. Most only cut individual premiums such as collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, you aren’t that lucky.
The information below illustrates the comparison of Toyota Sienna insurance costs with and without discounts. The prices are based on a female driver, no accidents or driving violations, Colorado state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, multi-policy, multi-car, safe-driver, and marriage discounts applied.
Companies that may have these money-saving discounts include:
If you want the cheapest Toyota Sienna rate quotes, ask each company or agent which discounts can lower your rates. Some of the earlier mentioned discounts might not be offered in Colorado Springs. If you would like to view insurers that provide some of the discounts listed above in Colorado Springs, click this link.
Local insurance agents
Certain consumers still prefer to buy from a licensed agent and doing so can bring peace of mind Professional agents will help you protect your assets and help file insurance claims. The best thing about comparing rate quotes online is the fact that drivers can get better rates and also buy local. Buying from and supporting small agencies is definitely important in Colorado Springs.
To find an agent, once you fill out this quick form, your insurance coverage information is sent to participating agents in Colorado Springs who will gladly provide quotes for your business. You won’t need to do any legwork as quotes are delivered to your email. If you have a need to get a comparison quote from a specific company, just jump over to their website and submit a quote form there.
The type of car insurance agent you choose is important
If you want a local insurance agency, you should know the different types of agents and how they differ in how they can insure your vehicles. Insurance agencies in Colorado Springs may be either exclusive or independent agents depending on their company appointments. Either type can do a good job, but it is a good idea to know how they differ since it can impact which type of agent you select.
Independent Insurance Agencies
These agents are not locked into one company so they can write business with multiple insurance companies and get the cheapest rates. To move your coverage to a new company, they simply move the coverage in-house which requires no work on your part. If you need cheaper insurance rates, you need to include price quotes from at a minimum one independent agency to ensure the widest selection of prices. Many can place coverage with small mutual carriers that can offer cheaper rates than bigger companies.
The following is a small list of independent insurance agencies in Colorado Springs that can possibly get you price quote information.
- Springs Insurance Brokers
1837 Austin Bluffs Pkwy #101 – Colorado Springs, CO 80918 – (719) 268-1300 – View Map
- Jensen Insurance Agency
125 N Parkside Dr #201f – Colorado Springs, CO 80909 – (719) 635-9557 – View Map
- ALINK Insurance Services- Colorado Springs Location
2407 W Colorado Ave – Colorado Springs, CO 80904 – (719) 473-6262 – View Map
Exclusive insurance agents can only provide one company’s prices like Allstate, Farmers Insurance or State Farm. Exclusive agents are unable to give you multiple price quotes so keep that in mind. These agents receive a lot of sales training on their company’s products and that allows them to sell at a higher price point. Consumers often buy from the same agent for years mainly due to high brand loyalty rather than low price.
Below is a list of exclusive insurance agents in Colorado Springs that can give you comparison quotes.
- John Youngdahl – State Farm Insurance Agent
600 N Tejon St – Colorado Springs, CO 80903 – (719) 475-8787 – View Map
- Allstate Insurance: Dave Lohman
76 S Sierra Madre St b – Colorado Springs, CO 80903 – (719) 471-9271 – View Map
- Roberto Martinez – State Farm Insurance Agent
1216 Academy Blvd N – Colorado Springs, CO 80909 – (719) 574-0210 – View Map
Finding the right insurance agent shouldn’t rely on just the quoted price. Some important questions to ask are:
- How much will you save each year by using a higher deductible?
- If independent agents, which companies do they recommend?
- Can glass repairs be made at your home?
- Are they full-time agents?
- Does the company have a local claim office in Colorado Springs?
- Do they have any clout with companies to ensure a fair claim settlement?
- In the event of vehicle damage, can you pick the collision repair facility?
- Will you work with the agent or an assistant?
After talking to the agent and getting positive responses to your questions and inexpensive Toyota Sienna insurance in Colorado Springs quotes, you have narrowed it down to an insurance agent that is professional and can insure your vehicles. But keep in mind you are able to terminate coverage any time you want so don’t feel that you are obligated to your new company for the full term.
How to find a good Colorado Springs auto insurance company
Insuring your vehicle with the top auto insurance provider can be rather challenging considering how many companies sell insurance in Colorado Springs. The information shown below could help you choose which car insurance providers to look at comparing rates with.
Top 10 Colorado Springs Car Insurance Companies Ranked by Claims Service
- State Farm
- AAA Insurance
- Liberty Mutual
- Titan Insurance
- The Hartford
- Mercury Insurance
Top 10 Colorado Springs Car Insurance Companies by A.M. Best Rank
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Esurance – A+
- Nationwide – A+
- Allstate – A+
- Mercury Insurance – A+
- Progressive – A+
- Titan Insurance – A+
When do I need an agent’s advice?
Keep in mind that when it comes to choosing insurance from an agent or online, there really isn’t a “best” method to buy coverage. Each situation is unique so your insurance needs to address that.
For example, these questions may help highlight if you might need an agent’s assistance.
- Is a blown tire covered by insurance?
- Am I covered if I hit someone who is not insured?
- Is coverage enough to protect my assets?
- Is a fancy paint job covered?
- I have health insurance so do I need medical payments coverage?
- What are good deductibles for a Toyota Sienna?
- What are the liability requirements in my state?
If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
What is YOUR best insurance company?
As you quote Colorado Springs car insurance, do not sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut full coverage to discover at claim time that the few dollars in savings costed them thousands. Your goal should be to find the BEST coverage at the best possible price while not skimping on critical coverages.
In this article, we presented a lot of information how to reduce Toyota Sienna insurance prices online in Colorado Springs. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding inexpensive Colorado Springs car insurance quotes. You may even find the lowest priced car insurance comes from the smaller companies. They can often provide lower rates in certain areas as compared to the big name companies such as Progressive and GEICO.
More tips and info about car insurance can be found at these sites:
- Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
- Who Has Cheap Car Insurance Rates for 4×4 Vehicles in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance Quotes for High Risk Drivers? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Veterans in Colorado Springs? (FAQ)
- How Much is Auto Insurance for Low Credit Scores in Colorado Springs? (FAQ)
- What Insurance is Cheapest After a Speeding Ticket in Colorado Springs? (FAQ)
- What if I Can’t Find Coverage? (Insurance Information Institute)
- Understanding your Policy (NAIC.org)
- Information for Teen Drivers (GEICO)
- Electronic Stability Control FAQ (iihs.org)