Do you want an efficient way to compare more competitive GMC Sonoma insurance in Colorado Springs? Being forced to pay for pricey insurance premiums can eat up your funds and force you to tighten up your finances.
It’s shocking but the majority of drivers kept their coverage with the same insurance company for well over three years, and just under half have never compared rates with other companies. Drivers in America could cut their rates by approximately 47% a year just by comparing rates, but they just feel it’s too hard to find lower-cost rates by getting comparison quotes. Companies like GEICO, 21st Century and Progressive constantly bombard you with TV and radio ads and it is challenging if not impossible to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.
Consumers need to do rate comparisons once or twice a year because rates are adjusted regularly by insurance companies. If you had the best deal on GMC Sonoma insurance in Colorado Springs a few years ago there may be better deals available now. You’ll find quite a bit of inaccurate information about Sonoma insurance out there, but you can learn some great ways to slash your insurance rates in Colorado Springs.
If you have a policy now or just want to save money, use these tips to save money without reducing protection. Finding affordable auto insurance coverage in Colorado Springs is really quite easy. You just have to know the proper methods to get comparison rates over the internet.
Why You Might Pay Lower Rates in Colorado Springs
An important part of buying insurance is that you know the factors that go into determining the price you pay for auto insurance. If you know what determines base rates, this enables you to make decisions that may reward you with lower rates. Many things are part of the equation when quoting car insurance. A few of the factors are predictable like a motor vehicle report, but some are more obscure like where you live and annual miles driven.
- Premiums impacted by vehicle usage – Driving more miles in a year the higher the price you pay to insure it. Most insurance companies charge to insure your cars based on their usage. Cars that sit idle most of the time can be on a lower rate level compared to those used for work or business. An improperly rated Sonoma is just wasting money. Verify your vehicle rating correctly shows the right rating data.
- Five star crash test rating saves money – Cars with high safety ratings get lower rates. Safe vehicles reduce occupant injuries and lower injury rates translates into fewer and smaller insurance claims which can result in lower premiums. If your GMC Sonoma has at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
- Males pay more for insurance coverage – Statistics have proven that females tend to be a little less risky than males. This data doesn’t prove that females are better at driving than males. Both genders cause accidents at about the same rate, but the males tend to have more serious accidents. Not only that, but men also have more aggressive citations such as reckless driving.
- Marriage is a factor – Getting married may cut your premiums on your policy. Having a significant other translates into being more mature and statistics prove married drivers tend to file fewer claims.
- High performance vehicles cost more to insure – The performance level of the car or truck you need insurance for makes a big difference in how high your rates are. The lowest performance passenger models usually are quite affordable to insure, but that’s not the only thing that factors into the final price.
- More people means more accidents – Residing in small towns and rural areas is a good thing when talking about auto insurance. City drivers have much more traffic and longer commutes to work. Fewer people means a lower chance of having an accident.
- No auto insurance gaps is important – Driving any period of time without insurance can get you a ticket and you will pay a penalty because you let your coverage have a gap. Not only will you pay more, being ticketed for driving with no insurance might get you fines or a revoked license. You could then be forced to file a SR-22 with the Colorado department of motor vehicles.
- Excellent credit equals lower premiums – Credit rating can be an important factor in determining your rates. If your credit rating can be improved, you could be paying less to insure your GMC Sonoma by spending a little time repairing your credit. Insureds that have excellent credit scores tend to be better risks to insure than those with poor credit.
Discounts can help save money on GMC Sonoma insurance in Colorado Springs
Insurance is not cheap nor is it fun to buy but discounts can save money and there are some available that could help you make your next renewal payment. Some trigger automatically at quote time, but lesser-known reductions have to be asked for before being credited.
- Student Discounts – Getting good grades could provide a savings of up to 20% or more. Most companies allow this discount up until you turn 25.
- Service Members Pay Less – Being deployed with a military unit can result in better premium rates.
- Drive Less and Save – Fewer annual miles on your GMC may enable drivers to earn slightly better prices than normal.
- New Car Discount – Putting insurance on a new Sonoma can cost up to 25% less since newer models have better safety ratings.
- Telematics Data Discounts – Colorado Springs drivers who agree to allow their insurance company to monitor driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot may get a rate reduction if their driving habits are good.
- Sign Early and Save – Select insurance companies give a discount for signing up prior to the expiration date on your current Sonoma insurance policy. The savings is around 10%.
- Air Bag Discount – Cars that have air bags and/or automatic seat belt systems could see savings of 25 to 30%.
You should keep in mind that many deductions do not apply to your bottom line cost. Most cut specific coverage prices like liability, collision or medical payments. Just because it seems like all the discounts add up to a free policy, it doesn’t quite work that way. Any qualifying discounts will lower the amount you have to pay.
Popular insurance companies and some of the discounts can be read below.
- Farm Bureau may include discounts for youthful driver, multi-vehicle, 55 and retired, driver training, and renewal discount.
- State Farm may have discounts that include driver’s education, safe vehicle, multiple policy, student away at school, and good driver.
- Progressive has discounts for multi-vehicle, multi-policy, homeowner, online signing, and good student.
- Allstate policyholders can earn discounts including early signing, passive restraint, auto/life discount, 55 and retired, resident student, and defensive driver.
- Nationwide has savings for good student, defensive driving, anti-theft, Farm Bureau membership, and family plan.
- MetLife offers discounts including claim-free, multi-policy, good driver, good student, accident-free, defensive driver
Check with every prospective company to apply every possible discount. Some discounts listed above might not be offered on policies in your area. To find insurance companies that offer some of these discounts in Colorado Springs, click here.
Best car insurance company in Colorado
Choosing the highest-rated auto insurance provider can be difficult considering how many companies provide coverage in Colorado Springs. The company rank data displayed below can help you select which car insurance companies to look at purchasing from.
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+
Top 10 Colorado Springs Car Insurance Companies Ranked by Customer Service
- State Farm
- The Hartford
- Mercury Insurance
- The General
- AAA Insurance
- American Family
Smart consumers save more
Cheaper auto insurance in Colorado Springs can be sourced from both online companies in addition to local insurance agencies, and you need to price shop both to get a complete price analysis. Some companies may not provide online price quotes and most of the time these regional carriers only sell through independent agents.
We’ve covered a lot of techniques to lower your GMC Sonoma insurance rates in Colorado Springs. The most important thing to understand is the more companies you get car insurance rates for, the higher the chance of saving money. You may even find the lowest rates are with the smaller companies. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Allstate or State Farm.
When trying to cut insurance costs, do not buy less coverage just to save a little money. There have been many cases where someone dropped liability coverage limits and found out when filing a claim that it was a big error on their part. Your goal should be to buy a smart amount of coverage at the best cost and still be able to protect your assets.
How to find low-cost GMC Sonoma insurance in Colorado Springs
The recommended way to save on car insurance rates in Colorado Springs is to start doing an annual price comparison from companies who provide auto insurance in Colorado. Price quotes can be compared by following these guidelines.
- Step 1: Take a little time to learn about how companies price auto insurance and the things you can control to lower rates. Many policy risk factors that drive up the price like accidents, careless driving, and a low credit rating can be controlled by making lifestyle changes or driving safer.
- Step 2: Request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or Farmers Insurance, while independent agents can quote rates for a wide range of insurance providers. Begin your rate comparison
- Step 3: Compare the quotes to the price on your current policy and determine if there is any savings. If you find a lower rate and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Give notification to your agent or company to cancel your current auto insurance policy and submit any necessary down payment along with the completed application to the newly selected company. Once coverage is bound, place the new certificate verifying coverage in your vehicle’s glove compartment or console.
The critical component of shopping around is to use similar deductibles and liability limits on each quote and and to look at as many auto insurance providers as possible. This enables the most accurate price comparison and the best price selection.
- What Determines the Price of My Auto Insurance Policy? (Insurance Information Institute)
- Who Has Cheap Colorado Springs Auto Insurance Rates for Infrequent Drivers? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance Quotes for High Risk Drivers? (FAQ)
- How Much are Car Insurance Rates for a GMC Sierra in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance for a Nissan Altima? (FAQ)
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Red Light Cameras (State Farm)