Save Money on Honda Accord Crosstour Insurance in Colorado Springs

Unfortunately, almost 70% of insureds in Colorado kept their policy with the same company for well over three years, and 38% of drivers have never compared rates from other carriers. With the average premium in America being $1,847, drivers can cut their rates by nearly $850 a year just by comparing rates, but they just don’t understand the actual amount they would save if they switch to a new company.

Discount Honda Accord Crosstour insuranceThe best way to get the cheapest car insurance rates is to do an annual price comparison from companies who sell auto insurance in Colorado Springs. Prices can be compared by following these steps.

  1. Read about what coverages are included in your policy and the things you can change to prevent high rates. Many rating factors that increase rates such as getting speeding tickets and a lousy credit rating can be rectified by making minor changes to your lifestyle.
  2. Compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from a single company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes from multiple companies.
  3. Compare the new rate quotes to your existing coverage and determine if cheaper Accord Crosstour coverage is available in Colorado Springs. If you can save money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
  4. Provide adequate notice to your current company to cancel your current coverage. Submit payment along with a signed and completed policy application to the new company. As soon as you receive it, put the certificate verifying proof of insurance in your vehicle.

The key thing to know about shopping around is to compare the same coverage limits and deductibles on each quote request and and to get quotes from every company you can. Doing this ensures the most accurate price comparison and a good representation of prices.

The purpose of this post is to introduce you to the most effective ways to compare rates and some money-saving tips. If you currently have a car insurance policy, you will definitely be able to reduce the price you pay using the concepts you’re about to learn. Drivers just have to use the quickest method to compare different rates from many companies at once.

Cheap Colorado Springs Honda Accord Crosstour insurance quotes

Getting cheap Honda Accord Crosstour insurance pricing is not rocket science. You just need to take a few minutes comparing rates to find the company with inexpensive Colorado Springs auto insurance quotes.

Comparing free quotes online is easy and it, makes it obsolete to go to insurance agents’ offices. The ability to buy insurance online makes this unnecessary unless you require the professional abilities that only an agent can give. Although, it is possible compare online quotes but have a local agent actually write the policy.

The companies shown below provide free rate quotes in Colorado Springs, CO. If multiple companies are listed, we suggest you visit several of them in order to find the most affordable rates.

Analysis of coverages

The data table shown next highlights a range of coverage prices for Honda Accord Crosstour models. Learning a little about how car insurance premiums are calculated is important for making decisions when shopping around.

Honda Accord Crosstour Insurance Rates in Colorado Springs, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Accord Crosstour EX 2WD $168 $288 $440 $26 $132 $1,054 $88
Accord Crosstour EX-L 2WD $168 $288 $440 $26 $132 $1,054 $88
Accord Crosstour EX-L 4WD $190 $340 $440 $26 $132 $1,128 $94
Accord Crosstour EX-L Navigation 2WD $190 $340 $440 $26 $132 $1,128 $94
Accord Crosstour EX-L Navigation 4WD $190 $340 $440 $26 $132 $1,128 $94
Get Your Own Custom Quote Go

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, claim-free, and multi-vehicle. Premium costs do not factor in vehicle garaging location which can influence premium rates greatly.

Cost difference between full coverage and liability

The information below illustrates the comparison of Honda Accord Crosstour insurance premiums with full physical damage coverage and with liability coverage only. The data assumes no claims, a clean driving record, $100 deductibles, single marital status, and no additional discounts are factored in.

Are you wasting money on full coverage?

There is no definitive rule of when to phase out physical damage insurance, but there is a general convention. If the annual cost of having full coverage is more than 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let’s pretend your Honda Accord Crosstour replacement cost is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would get paid by your company is $7,000 after paying your policy deductible. If it’s costing in excess of $700 annually to have full coverage, then you might want to consider buying only liability coverage.

There are some situations where eliminating full coverage is not financially feasible. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should not buy liability only.

The Honda Accord Crosstour Insurance Rate Equation

Multiple criteria are considered when premium rates are determined. A few of the factors are predictable like your driving record, but others are not as apparent such as your marital status or your vehicle rating. One of the most helpful ways to save on auto insurance is to to have a grasp of some of the elements that help determine the rates you pay for auto insurance. If you have some idea of what influences your rates, this enables you to make decisions that will entitle you to big savings.

The itemized list below are some of the things auto insurance companies consider when setting your prices.

Three main reasons to buy car insurance

Even though Colorado Springs Accord Crosstour insurance rates can get expensive, insuring your vehicle may be required and benefits you in several ways.

The benefits of buying enough insurance definitely exceed the cost, especially for larger claims. According to a recent study, the average American driver is currently overpaying as much as $830 a year so it’s important to compare rates at least once a year to ensure rates are inline.