How many times have you said it's time to compare more competitive Volkswagen Beetle insurance in Colorado Springs? Having to pay for expensive Volkswagen Beetle insurance in Colorado Springs can draw down your savings and put the squeeze on your family's finances. Price shopping at each renewal is a great way to slash your bill and have more diposable income.
A recent survey discovered that over 70% of consumers kept their coverage with the same auto insurance company for four years or more, and about 40% of consumers have never quoted rates to find cheaper coverage. With the average auto insurance premium being $1,800, Colorado Springs drivers could pocket nearly $600 a year just by comparing rates, but they don't invest the time required to save money by comparing rate quotes.
How to buy lower priced Volkswagen Beetle insurance in Colorado Springs
The easiest way to quote cheaper Volkswagen Beetle insurance is to start comparing prices yearly from companies in Colorado Springs. You can shop around by completing these steps.
Step 1: Try to comprehend policy coverages and the modifications you can make to prevent expensive coverage. Many policy risk factors that result in higher rates like tickets, at-fault accidents, and an imperfect credit rating can be improved by improving your driving habits or financial responsibility.
Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only give prices from one company like GEICO or Allstate, while agents who are independent can quote prices from multiple companies.
Step 3: Compare the new quotes to your current policy and see if there is a cheaper rate. If you find a lower rate quote and decide to switch, ensure coverage does not lapse between policies.
One piece of advice is to use identical coverages on every quote and and to get prices from all possible companies. This enables a fair price comparison and plenty of rates choose from.
Many car insurance companies compete to insure your vehicles, and because of this it can be hard to compare auto insurance companies to find the lowest cost out there.
It's a good idea to get comparison quotes once or twice a year because auto insurance prices tend to go up over time. Despite the fact that you may have had the lowest rates on Volkswagen Beetle insurance in Colorado Springs on your last policy you will most likely find a better rate quote today. Forget anything you know (or think you know) about auto insurance because we're going to demonstrate the fastest and easiest way to lower your rates without sacrificing coverage.
Auto insurance policy discounts for Volkswagen Beetle insurance in Colorado Springs
Car insurance can cost a lot, but there's a good chance there are discounts that may help make it more affordable. Certain discounts will be applied when you purchase, but a few must be asked for before being credited.
- Anti-theft System - Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and earn discounts up to 10% off your Colorado Springs car insurance quote.
- Mature Driver Discount - If you're over the age of 55, you can get a slight reduction on a Colorado Springs car insurance quote.
- Government Employee Discount - Employees or retirees of the government can earn a discount up to 10% with select insurance companies.
- Discount for Life Insurance - Select insurance companies reward you with a small discount if you purchase a life policy as well.
- Early Signing - Select larger companies give a discount for buying a policy prior to your current Beetle insurance policy expiring. This can save 10% or more.
- E-sign Discounts - Some of the larger companies give back up to $50 get Colorado Springs car insurance online.
- Discount for Low Mileage - Keeping the miles down on your Volkswagen may allow you to get substantially lower auto insurance rates.
As a disclaimer on discounts, some of the credits will not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, that's just not realistic.
The information below illustrates the comparison of Volkswagen Beetle auto insurance rates with and without discounts being applied to the rates. The costs are based on a male driver, no claims or driving citations, Colorado state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, claim-free, homeowner, safe-driver, marriage, and multi-car discounts applied.
Insurance companies who may offer some of the discounts shown above include:
Double check with all the companies which discounts you may be entitled to. Some of the earlier mentioned discounts may not be available in your area. To view insurers with discount rates in Colorado, click this link.
The most recommended method to compare car insurance rates for Volkswagen Beetle insurance in Colorado Springs is to know the trick most larger insurance companies will pay a fee to give you rate quotes. All consumers are required to do is provide a little information like your job, if you have an active license, how much you drive, and if you went to college. Your details gets transmitted to multiple top-rated companies and you receive quotes instantly.
If you would like to start a quote now, click here and enter the information requested.
The providers in the list below provide comparison quotes in Colorado Springs, CO. To find cheap auto insurance in Colorado Springs, CO, it's a good idea that you get prices from several of them in order to find the most affordable rates.
Insurance coverage details
The coverage table displayed next showcases estimates of prices for Volkswagen Beetle models. Being more informed about how auto insurance premiums are determined can benefit drivers when making smart choices when purchasing an auto insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Beetle S 2-Dr Hatchback||$126||$282||$338||$20||$102||$868||$72|
|Beetle 2-Dr Convertible||$162||$332||$262||$16||$78||$850||$71|
|Get Your Own Custom Quote Go|
Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Price estimates do not factor in Colorado Springs location which can affect premiums greatly.
Annual premiums for males versus females
The diagram below illustrates the difference between Volkswagen Beetle insurance premiums for male and female drivers. The price estimates are based on no claims, a clean driving record, full physical damage coverage, $500 deductibles, single status, and no policy discounts are applied.
Full coverage rates vs. liability-only in Colorado Springs
The information below shows the comparison of Volkswagen Beetle yearly insurance costs with full coverage compared to only the Colorado minimum liability coverage. The rate quotes are based on no claims or driving violations, $100 deductibles, single status, and no discounts are taken into consideration.
Should you pay for full coverage or liability only?
There is no written rule that is best for determining when to drop physical damage coverage, but there is a general guideline. If the annual cost of having full coverage is more than around 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.
For example, let's pretend your Volkswagen Beetle claim settlement value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $2,000 after paying your deductible. If premium cost is more than $200 annually for comprehensive and collision coverage, then it's probably a good time to buy liability coverage only.
There are a few situations where eliminating full coverage is not in your best interest. If you haven't paid off your loan, you are required to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should keep full coverage in place.
When should I talk to an insurance agent?
Many drivers still like to go talk to an agent and that is a personal choice. The biggest benefit of getting free rate quotes online is you may find lower premium rates and still have a local agent. And providing support for neighborhood insurance agencies is important particularly in Colorado Springs.
After completing this simple form, your coverage information is instantly submitted to local insurance agents in Colorado Springs who will give you bids to get your business. It's much easier because you don't need to leave your house since rate quotes are delivered immediately to your email address. It's the lowest rates AND a local agent. If you wish to get a price quote from one company in particular, just jump over to their website and fill out the quote form the provide.
Shown below is a short list of car insurance companies in Colorado Springs that may be able to provide price quote information for Volkswagen Beetle insurance in Colorado Springs.
American Family Insurance - Michael Brandl Agency Inc.
1965 Dominion Way Ste 120 - Colorado Springs, CO 80918 - (719) 630-7557 - View Map
Picking a company shouldn't rely on just a cheap price. Any good agent in Colorado Springs should know the answers to these questions.
- Is vehicle mileage a factor when determining depreciation for repairs?
- Will the agent help in case of a claim?
- Does the agency have a positive business rating?
- Where are claims handled?
- If independent agents, which companies do they recommend?
- Is the agent CPCU or CIC certified?
Car insurance coverages 101
Understanding the coverages of your car insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are typical coverages found on the average car insurance policy.
Uninsured/Underinsured Motorist (UM/UIM)
This coverage provides protection when the "other guys" do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your Volkswagen Beetle.
Since a lot of drivers only purchase the least amount of liability that is required (Colorado limits are 25/50/15), their limits can quickly be used up. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.
Coverage for liability
This provides protection from damages or injuries you inflict on other's property or people by causing an accident. This coverage protects you against claims from other people. It does not cover your own vehicle damage or injuries.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see policy limits of 25/50/15 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $15,000 paid for damaged property. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.
Liability can pay for claims such as loss of income, funeral expenses and attorney fees. The amount of liability coverage you purchase is your choice, but buy as much as you can afford. Colorado requires minimum liability limits of 25/50/15 but you should think about purchasing higher limits.
The illustration below shows why buying low liability limits may not be enough.
Collision coverage protection
This coverage covers damage to your Beetle from colliding with a stationary object or other vehicle. A deductible applies then the remaining damage will be paid by your insurance company.
Collision coverage pays for things like crashing into a building, backing into a parked car, driving through your garage door, colliding with a tree and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible on your Beetle to save money on collision insurance.
Med pay and Personal Injury Protection (PIP)
Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like ambulance fees, pain medications, X-ray expenses and chiropractic care. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. PIP is not an option in every state and gives slightly broader coverage than med pay
Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.
Comprehensive insurance covers things like damage from getting keyed, theft, hitting a bird and vandalism. The most you'll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.
Find cheaper rates by being thorough
We just covered many ways to lower your Volkswagen Beetle insurance auto insurance rates in Colorado Springs. The key thing to remember is the more providers you compare, the better your chances of lowering your premium rates. You may even find the best price on car insurance is with a smaller regional carrier. These companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.
While you're price shopping online, you should never reduce needed coverages to save money. In too many instances, an insured dropped comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase a proper amount of coverage at the lowest possible cost while not skimping on critical coverages.
How to find the cheapest rates for Volkswagen Beetle insurance in Colorado Springs
The preferred way to find affordable quotes for Volkswagen Beetle insurance in Colorado Springs is to start comparing prices yearly from insurance carriers who sell insurance in Colorado. Drivers can shop around by following these guidelines.
Step 1: It will benefit you to learn about how insurance works and the factors you can control to keep rates low. Many factors that increase rates like your driving record and a negative credit score can be controlled by making lifestyle changes or driving safer.
Step 2: Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from one company like GEICO or Allstate, while independent agents can quote prices for a wide range of companies.
Step 3: Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available in Colorado Springs. If you find better rates, make sure there is no lapse in coverage.
Step 4: Provide notification to your current agent or company of your decision to cancel your current policy. Submit a completed application and payment to the new insurer. As soon as you have the new policy, place the new proof of insurance paperwork somewhere easily accessible.
The key aspect of shopping around is to try to use identical limits and deductibles on every price quote and and to compare as many auto insurance providers as possible. Doing this provides an accurate price comparison and and a good selection of different prices.
More detailed car insurance information is located in the articles below:
- State Laws for Cellphones and Texting (iihs.org)
- How Much is Auto Insurance for Postal Workers in Colorado Springs? (FAQ)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Where can I buy Insurance? (Insurance Information Institute)
- Understanding Limits and Deductibles (Allstate)