How many times have you told yourself to find low-cost Volvo S90 insurance in Colorado Springs? Trying to come up with a payment for overpriced insurance can consume your family's budget and force you to make sacrifices. Doing a rate comparison is a great way to slash your bill and have more diposable income.
It's easy to assume that auto insurance companies don't want you comparing rates. Drivers who do rate comparisons will most likely switch insurance companies because there is a good chance of finding a lower-priced company. A study discovered that drivers who shopped around saved about $3,500 over four years compared to those who don't regularly compare prices.
If finding the cheapest price on insurance in Colorado Springs is your ultimate objective, understanding the best way to quote and compare car insurance can make the process more efficient.
Steps to buying lower priced Volvo S90 insurance in Colorado Springs
If you want to save the most money, the best way to get more affordable car insurance rates in Colorado Springs is to regularly compare quotes from companies who provide car insurance in Colorado. Drivers can shop around by following these steps.
- Step 1: Gain an understanding of the different coverages in a policy and the things you can control to keep rates low. Many rating criteria that cause high rates such as traffic citations and a negative credit score can be remedied by paying attention to minor details. This article provides instructions to prevent high prices and get additional discounts that may have been overlooked.
- Step 2: Compare price quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or State Farm, while independent agencies can provide rate quotes from multiple sources.
- Step 3: Compare the new rate quotes to your existing coverage to see if cheaper S90 coverage is available. If you find a better price, ensure there is no coverage lapse between policies.
One key aspect when comparing rates is that you'll want to compare similar deductibles and liability limits on every quote request and and to get price quotes from every company you can. Doing this helps ensure a fair price comparison and a complete price analysis.
Since you have so many insurance companies to choose from, it is very difficult to choose a lower cost insurer.
You should take the time to shop coverage around before your next renewal because insurance prices are variable and change quite frequently. Just because you had the lowest quotes on Volvo S90 insurance in Colorado Springs six months ago the chances are good that you can find a lower rate today. Forget all the misinformation about insurance because I'm going to let you in on the secrets to the proper way to find the best coverage while lowering your premiums.
Our objective in writing this article is to familiarize you with how to get online quotes and also save some money in the process If you have insurance now, you will most likely be able to get lower rates using these methods. Although Colorado drivers must learn how insurance companies sell insurance online and use this information to your advantage.
How to buy Volvo S90 insurance online
Most companies give price estimates from their websites. Obtaining pricing for Volvo S90 insurance in Colorado Springs is quite easy as you just type in the coverages you want as detailed in the form. Behind the scenes, their quoting system will obtain your credit score and driving record and quotes a price. This makes it easy to compare insurance prices and it's absolutely necessary to have as many quotes as possible in order to get the lowest car insurance rates.
To save time and fill out one form to compare multiple rates now, compare rates from the companies below. If you have your current policy handy, we recommend that you enter deductibles and limits identical to your current policy. This makes sure you will get a rate comparison for exact coverage.
The companies in the list below are our best choices to provide quotes in Colorado Springs, CO. To buy cheap auto insurance in Colorado Springs, it's highly recommended you visit as many as you can in order to find the most affordable rates.
Score discounts on Colorado Springs auto insurance
Some insurance providers don't list their entire list of discounts in a way that's easy to find, so we break down some of the more common as well as the least known auto insurance savings.
- Drive Safe and Save - Drivers who avoid accidents could pay up to 40% less than drivers with accident claims.
- Active Military Service - Being deployed with a military unit could qualify you for better auto insurance rates.
- New Car Discount - Insuring a vehicle that is new can be considerably cheaper because new model year vehicles keep occupants safer.
- Early Signing - Some insurance companies give discounts for switching policies prior to the expiration date on your current S90 insurance policy. It could save around 10% when you buy Colorado Springs car insurance online.
- Government Employees - Simply working for the federal government can save as much as 8% depending on your company.
- Multiple Cars - Buying insurance for multiple vehicles with the same auto insurance company could earn a price break for each car.
- College Student Discount - Older children who attend college more than 100 miles from Colorado Springs and don't have a car may qualify for this discount.
- Pay Upfront and Save - If paying your policy premium upfront as opposed to paying monthly you can avoid the installment charge.
- Good Students Pay Less - Getting good grades could provide a savings of up to 20% or more. Many companies even apply the discount to college students up to age 25.
Consumers should know that most of the big mark downs will not be given to the entire policy premium. Most only apply to individual premiums such as medical payments or collision. So even though it sounds like all those discounts means the company will pay you, nobody gets a free ride.
To see companies with significant discounts in Colorado Springs, click here to view.
Why you need auto insurance
Despite the high cost of buying insurance for a Volvo S90 in Colorado Springs, insurance is most likely required but also gives you several important benefits.
First, almost all states have mandatory liability insurance requirements which means the state requires specific minimum amounts of liability insurance coverage if you don't want to risk a ticket. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if you took out a loan on your car, almost every bank will stipulate that you have insurance to guarantee payment of the loan. If you do not pay your insurance premiums, the bank will be required to insure your Volvo at an extremely high rate and require you to reimburse them for the much more expensive policy.
Third, insurance protects not only your Volvo S90 but also your assets. It will also cover medical transport and hospital expenses incurred in an accident. Liability coverage, the one required by state law, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If your Volvo gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of having auto insurance outweigh the cost, especially for larger claims. According to a recent study, the average American driver is currently overpaying as much as $700 annually so we recommend shopping around every year to help ensure money is not being wasted.
Which policy gives me the best coverage?
When buying adequate coverage for your personal vehicles, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs.
These are some specific questions might help in determining if you would benefit from professional advice.
- Am I covered by my employer's commercial auto policy when driving my personal car for business?
- Do I need more liability coverage?
- Are my company tools covered if they get stolen?
- What is GAP insurance?
- What is roadside assistance coverage?
- Can I afford to pay high deductible claims out of pocket?
If you're not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. To find an agent in your area, complete this form.
Insurance agencies can help
Many people prefer to sit down and talk to an agent and doing so can bring peace of mind The best thing about comparing insurance prices online is that you can find cheap car insurance quotes and also buy local. Supporting local insurance agencies is important especially in Colorado Springs.
To help locate an agent, after submitting this form (opens in new window), your coverage information is emailed to companies in Colorado Springs who will give you bids to get your business. You never need to search for an agent because quoted prices will be sent directly to you. You'll get the best rates AND an agent nearby. If you have a need to get a comparison quote for a specific company, feel free to go to their quote page and give them your coverage information.
When finding a reputable insurance agent or broker, it can be helpful to understand the different agency structures that you can select. Agents are considered either independent or exclusive depending on the company they work for.
Independent Agents (or Brokers)
Agents in the independent channel do not write with just one company so they can write business through many companies and possibly get better coverage at lower prices. If they quote lower rates, they simply switch companies in-house which requires no work on your part.
If you are comparing car insurance prices, you need to get rate quotes from several independent agencies so that you have a good selection of quotes to compare.
Shown below are Colorado Springs independent insurance agents that can possibly get you price quote information.
Agents that elect to be exclusive generally can only insure with one company such as Allstate, Farmers Insurance or State Farm. Exclusive agencies are unable to shop your coverage around so it's a take it or leave it situation. They receive extensive training on the products they sell which helps them sell insurance even at higher premiums.
Listed below is a list of exclusive agencies in Colorado Springs that are able to give price quotes.
Selecting a insurance agent needs to be determined by more than just a cheap price. Here are some questions to ask:
- Can they provide you with a list of referrals?
- Will your rates increase after a single accident?
- What is the financial rating for the quoted company?
- How many years have they been established?
- Will you work with the agent or an assistant?
- If your car is totaled, how to they determine the replacement cost?
- Where would your vehicle be repaired?
- What company do they have the most business with?
Auto insurance coverage breakdown
Understanding the coverages of your policy can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.
Coverage for medical payments
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for hospital visits, pain medications and ambulance fees. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible
This coverage will pay to fix damage to your S90 resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things like crashing into a ditch, sustaining damage from a pot hole, damaging your car on a curb and crashing into a building. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible on your S90 in order to get cheaper collision rates.
Liability car insurance
Liability insurance provides protection from injuries or damage you cause to other people or property that is your fault. It protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/15 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $15,000. Occasionally you may see one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.
Liability can pay for claims like emergency aid, court costs, repair costs for stationary objects, funeral expenses and loss of income. How much liability should you purchase? That is a personal decision, but it's cheap coverage so purchase as high a limit as you can afford. Colorado state law requires minimum liability limits of 25/50/15 but it's recommended drivers buy more coverage.
The illustration below demonstrates why buying low liability limits may not be high enough to adequately cover claims.
Uninsured and underinsured coverage
Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include medical payments for you and your occupants and damage to your Volvo S90.
Because many people only carry the minimum required liability limits (25/50/15 in Colorado), it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Most of the time these limits are similar to your liability insurance amounts.
This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage protects against claims like damage from getting keyed, hitting a deer and rock chips in glass. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it's not worth much more than your deductible it's probably time to drop comprehensive insurance.