A recent car insurance study discovered that the vast majority of consumers renewed their policy with the same company for well over three years, and nearly the majority have never compared car insurance rates at all. Many consumers in Colorado could save $605 each year, but they just don't want to find cheap insurance by shopping around.
The best way to find more affordable Lexus RX 400h insurance in Colorado Springs is to annually compare prices from insurers in Colorado.
Step 1: Spend some time learning about the different coverages in a policy and the changes you can make to keep rates down. Many risk factors that increase rates like speeding tickets, accidents and a poor credit rating can be controlled by improving your driving habits or financial responsibility.
Step 2: Compare prices from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can provide rates from a single company like GEICO or Allstate, while agents who are independent can quote prices from many different companies. View prices
Step 3: Compare the price quotes to your existing policy to see if a cheaper price is available in Colorado Springs. If you find a lower rate, make sure there is no lapse between the expiration of your current policy and the new one.
Step 4: Notify your company or agent to cancel your current auto insurance policy. Submit the signed application along with the required initial payment for the new policy. Make sure you safely store the proof of insurance paperwork in an easily accessible location.
The key thing to remember is to try to use identical coverage information on each quote and and to get prices from as many companies as possible. This guarantees an accurate price comparison and a good representation of prices.
The car insurance companies shown below offer free rate quotes in Colorado. To buy cheap auto insurance in CO, it's highly recommended you visit two to three different companies in order to get a fair rate comparison.
It's not one size fits all
Always remember that when buying coverage for your vehicles, there really is not a best way to insure your cars. Each situation is unique.
These are some specific questions might point out if your insurance needs may require specific advice.
- Am I covered when driving on a suspended license?
- Is pleasure use cheaper than using my Lexus RX 400h to commute?
- Is my vehicle covered by my employer's policy when using it for work?
- Is my state a no-fault state?
- Do I need PIP coverage since I have good health insurance?
- What is the difference between personal and commercial auto insurance policies?
- When would I need rental car insurance?
If it's difficult to answer those questions, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form. It's fast, free and can help protect your family.
Comparing rates from local Colorado Springs car insurance agents
Some people still prefer to buy from a licensed agent and doing so can bring peace of mind Professional agents can make sure you are properly covered and help submit paperwork. A good thing about price shopping on the web is you can get the lowest rates but still work with a licensed agent.
Once you complete this simple form, your insurance coverage information is sent to companies in Colorado Springs who will give you bids for your coverage. You won't even need to contact any insurance agencies since rate quotes are delivered to your email. If you need to compare rates from one company in particular, feel free to find their quoting web page and give them your coverage information.
Selecting an insurance company needs to be determined by more than just a cheap price quote. Before buying a policy in Colorado Springs, get answers to these questions.
- Is there a Errors and Omissions policy in force?
- If your car is in the repair shop, do you have coverage for a rental car?
- Will you work with the agent or an assistant?
- If they are an independent agency in Colorado Springs, which companies do they recommend?
- Is the agency active in community causes in Colorado Springs?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Are there any hidden costs in their price quote and does it include driving and credit history?
Choose the right auto insurance agent
When researching a local Colorado Springs insurance agent, you must know there are a couple different types of agents and how they operate. Agents in Colorado Springs can be categorized as either independent agents or exclusive agents. Both can sell car insurance policies, but it's important to know the differences since it can impact which agent you choose.
Exclusive Car Insurance Agents
Exclusive agents write business for a single company such as AAA, Allstate, State Farm, or Farmers Insurance. Exclusive agents cannot provide other company's prices so they are skilled at selling on more than just price. Exclusive agents receive extensive training on their company's products which helps them sell on service rather than price.
The following are exclusive insurance agencies in Colorado Springs willing to provide price quote information.
American Family Insurance - Dean Skaret Agency Inc.
2340 Academy Blvd N - Colorado Springs, CO 80909 - (719) 597-4330 - View Map
Agents that choose to be independent are not restricted to one company so they can quote policies with multiple insurance companies depending on which coverage is best. If you are not satisfied with one company, your agent can switch companies and the insured can keep the same agent. If you need cheaper car insurance rates, it's a good idea to compare prices from a few independent agents in order to have the best price comparison.
The following are independent agents in Colorado Springs that can give you comparison quotes.
ALINK Insurance Services- Colorado Springs Location
2407 W Colorado Ave - Colorado Springs, CO 80904 - (719) 473-6262 - View Map