Do you want low-cost Subaru BRZ insurance in Colorado Springs? Searching for low-cost insurance for a new or used Subaru BRZ in Colorado can be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to find car insurance online so we’re going to tell you the proper way to compare rates for a new or used Subaru and locate the cheapest rates from both online companies and Colorado Springs agents.
Unbelievable but true according to a study a large majority of drivers kept their policy with the same company for well over three years, and nearly 40% of drivers have never compared rates with other companies. Colorado Springs drivers could save an average of about 35% each year by just shopping around, but they don’t want to take the time to compare other rate quotes.
Consumers need to take a look at other company’s rates as often as possible because insurance prices are variable and change quite frequently. Even if you got the lowest rates on Subaru BRZ insurance in Colorado Springs last year you can probably find a lower rate today. Ignore everything you know about car insurance because you’re about to learn the tricks you need to know to save money, get proper coverage and the best rates.
Most of the larger companies provide insurance quotes from their websites. Getting Subaru BRZ insurance prices online doesn’t take a lot of time because you just enter your required coverages into a form. Upon sending the form, their system orders reports for credit and driving violations and generates a price based on the data you entered.
The ability to get online price quotes for Subaru BRZ insurance in Colorado Springs streamlines rate comparisons, and it is important to have as many quotes as possible in order to find the lowest payment possible.
If you want to compare rates now, consider comparing rates from the companies shown below. If you currently have coverage, we recommend you complete the form with your coverages exactly as shown on your declarations page. This makes sure you will receive a price comparison for similar coverage.
The providers in the list below provide price quotes in Colorado. To buy cheap auto insurance in Colorado Springs, CO, we suggest you click on several of them to find the lowest car insurance rates.
Discounts mean cheaper rates for Subaru BRZ insurance in Colorado Springs
Auto insurance is not inexpensive, but you can get discounts to reduce the price significantly. A few discounts will be applied when you complete an application, but lesser-known reductions have to be specifically requested before being credited.
- Accident Forgiveness – Not necessarily a discount, but companies like Liberty Mutual and GEICO will allow you to have one accident without the usual rate increase with the catch being you have to be claim-free for a specific time period.
- Driver Safety – Taking time to complete a defensive driver class could cut 5% off your bill and also improve your driving technique.
- Cautious Driver Discounts – Safe drivers could pay up to 40% less compared to accident prone drivers.
- Drivers Ed for Students – Teen drivers should enroll in driver’s education if offered at their school.
- Payment Method – If you pay your bill all at once instead of monthly or quarterly installments you can avoid the installment charge.
- Memberships – Participating in qualifying clubs or civic groups could qualify you for a break when getting a Colorado Springs auto insurance quote.
- Military Rewards – Being on active duty in the military could qualify you for better rates.
- Senior Discount – Drivers over the age of 55 may qualify for a discount up to 10%.
- Multiple Vehicles – Drivers who insure multiple vehicles on one policy can reduce the rates for all insured vehicles.
As a sidenote, most credits do not apply to the overall cost of the policy. Most only apply to individual premiums such as collision or personal injury protection. Despite the appearance that having all the discounts means you get insurance for free, you’re out of luck.
A few companies that may offer quotes with many of the previously listed discounts may include but are not limited to:
When comparing rates, check with every company which discounts you qualify for. Savings may not be available in your area. To find companies that offer some of these discounts in Colorado, click here to view.
Are car insurance agents used anymore?
Certain consumers prefer to talk to a local agent and that is recommended in a lot of cases Professional insurance agents can make sure you are properly covered and help submit paperwork. The biggest benefit of comparing rates online is the fact that you can find better rates and still have an agent to talk to.
Upon completion of this quick form, your insurance coverage information is emailed to local insurance agents that can give you free Colorado Springs auto insurance quotes for your business. You don’t have to drive around due to the fact that quote results will go to you instantly. If you have a need to compare rates from a specific insurance provider, don’t hesitate to navigate to their website and complete a quote there.
Selecting a provider is decision based upon more than just the premium amount. The following questions are important to ask.
- Do they have cheaper tiers of coverage?
- Do they review policy coverages at every renewal?
- Will your rates increase after a single accident?
- Can you contact them at any time?
- What insurance companies do they recommend if they are an independent agent?
- Are aftermarket or OEM parts used to repair vehicles?
If you want to use a reliable insurance agent, you need to know there are two different types of agents and how they work. Insurance agents can be categorized as either exclusive agents or independent agents. Either can sell insurance policies, but it’s a good idea to understand the difference in the companies they write for because it may have an impact on which agent you choose.
Exclusive insurance agents can only place business with one company such as Farmers Insurance, State Farm, or Allstate. These agents are not able to shop your coverage around so always compare other rates. Exclusive insurance agents are very knowledgeable on their company’s products which helps offset the inability to provide other markets. Drivers often use the same agent mostly because of the brand name and the convenience of having all coverages with one company.
Shown below are Colorado Springs exclusive insurance agents who can help you get comparison quotes.
- American Family Insurance – Michael Janzen Agency Inc.
1045 W Garden of the Gods Rd Ste M – Colorado Springs, CO 80907 – (719) 528-6387 – View Map
- Lee Ann Moore – State Farm Insurance Agent
3649 Star Ranch Rd – Colorado Springs, CO 80906 – (719) 540-9520 – View Map
- Tom Harbert – State Farm Insurance Agent
8027 Academy Blvd N – Colorado Springs, CO 80920 – (719) 594-4500 – View Map
Independent Insurance Agencies
These agents are not employed by one company and that enables them to quote your coverage with a variety of different insurance companies and find you cheaper rates. To move your coverage to a new company, an independent agent can move your coverage which requires no work on your part.
When comparing insurance prices, you definitely need to compare quotes from at a minimum one independent agency so that you can do a thorough price comparison. Most also have access to smaller regional carriers which could offer lower prices.
The following are Colorado Springs independent insurance agencies that are able to give comparison quotes.
- CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 – Colorado Springs, CO 80918 – (719) 528-1884 – View Map
- ALINK Insurance Services- Colorado Springs Location
2407 W Colorado Ave – Colorado Springs, CO 80904 – (719) 473-6262 – View Map
- A Better Choice Auto Insurance
1863 N Circle Dr – Colorado Springs, CO 80909 – (719) 667-1301 – View Map
Once you have received reasonable responses for all questions you ask and an acceptable price quote, you may have found an insurance agent that meets your needs to adequately provide insurance. Keep in mind you can terminate coverage for any reason so don’t feel that you are obligated to any specific agency indefinitely.
Your situation helps dictate your coverage
When quoting and comparing a policy, there really isn’t a single plan that fits everyone. Your financial needs are unique and a cookie cutter policy won’t apply.
For example, these questions might help in determining whether or not you might need an agent’s assistance.
- Which companies are cheaper for teen drivers?
- Is business property covered if stolen from my car?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Am I covered if I wreck a rental car?
- Is water damage covered by my policy?
- Is my Subaru BRZ covered if I use it for business?
- Do I need motorclub coverage?
- Is pleasure use cheaper than using my Subaru BRZ to commute?
If you’re not sure about those questions but one or more may apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.
Decisions You Make Can Impact Your Insurance Costs
Lots of factors are used in the calculation when you get a price on insurance. A few of the factors are predictable such as traffic violations, although others are more transparent like your vehicle usage or how safe your car is. Consumers need to have an understanding of some of the factors that help calculate your policy premiums. When consumers understand what determines premiums, this enables you to make decisions that may reward you with lower insurance prices.
Gender matters – Statistics demonstrate that men are more aggressive behind the wheel. The data does not necessarily mean that men are worse drivers. They both have fender benders in similar percentages, but the men have costlier accidents. Men also get ticketed for serious violations such as DWI and reckless driving. Youthful male drivers generally have the highest accident percentage and therefore have the most expensive insurance rates.
Buy a safe car and pay less – Safer cars can get you lower premiums. The safest vehicles have better occupant injury protection and reduced instances of injuries means lower claim amounts and lower rates for you. If your Subaru earned at least four stars on Safercar.gov you may qualify for a discount.
Drive less and get lower premiums – Driving more miles annually the higher your rate. The majority of insurers apply a rate based upon how you use the vehicle. Cars and trucks that sit idle most of the time get more affordable rates than vehicles that are driven to work every day. An incorrectly rated BRZ is just wasting money. Verify your policy is showing the right rating data, because improper ratings can cost you money.
Amount of liability coverage – Liability coverage provides coverage when you are ruled to be at fault for an accident. It provides legal defense coverage which can cost a lot. It is affordable coverage when compared to the cost of physical damage coverage, so buy as much as you can afford.
Big cities have higher rates – Having an address in small towns and rural areas has it’s advantages when talking about insurance. People who live in big cities regularly have congested traffic and higher rates of accident claims. Fewer drivers means reduced accidents and lower theft and vandalism rates.
Claims statistics for a Subaru BRZ – Companies use statistical claims data as a way to help calculate a profitable premium rate. Models that the data shows to have higher losses will be charged more to insure.
The table below outlines the actual insurance loss data for Subaru BRZ vehicles. For each policy coverage type, the claim probability for all vehicles combined as an average equals 100. Numbers below 100 suggest losses that are better than average, while values that are 100 or greater indicate frequent claims or a tendency for losses to be larger than average.
|Vehicle Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Car insurance does more than just protect your car
Despite the high cost of buying insurance for a Subaru BRZ in Colorado Springs, paying for car insurance may be required for several reasons.
First, the majority of states have minimum liability requirements which means you are required to carry a minimum amount of liability 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 bought your vehicle with a loan, it’s most likely the lender will have a requirement that you buy full coverage to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the bank or lender will purchase a policy for your Subaru at an extremely high rate and require you to pay a much higher amount than you were paying before.
Third, insurance protects both your Subaru BRZ and your assets. It will also reimburse you for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also pays expenses related to your legal defense if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to restore your vehicle to like-new condition.
The benefits of insuring your BRZ more than cancel out the cost, especially for larger claims. But the average American driver is overpaying more than $865 each year so it’s very important to do a rate comparison every year to make sure the price is not too high.
The best rates come from being thorough
Low-cost Subaru BRZ insurance in Colorado Springs is definitely available online and with local Colorado Springs insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some car insurance companies do not provide online quoting and these smaller companies provide coverage only through independent agents.
In this article, we presented a lot of techniques to lower your Subaru BRZ insurance premium rates in Colorado Springs. The key thing to remember is the more you quote Colorado Springs auto insurance, the better your comparison will be. You may even find the lowest premium rates are with some of the lesser-known companies. Some small companies often have lower prices on specific markets than their larger competitors like State Farm, GEICO and Nationwide.
Steps to finding the cheapest rates for Subaru BRZ insurance in Colorado Springs
If saving money is your primary concern, then the best way to get more affordable auto insurance rates in Colorado Springs is to compare quotes annually from insurers who sell auto insurance in Colorado. Price quotes can be compared by completing these steps.
Step 1: Get a basic knowledge of policy coverages and the changes you can make to prevent rate increases. Many risk factors that increase rates such as multiple speeding tickets and an unacceptable credit rating can be rectified by making small lifestyle or driving habit changes.
Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agents can provide prices for a wide range of companies. View a list of agents
Step 3: Compare the new rate quotes to the premium of your current policy to see if a cheaper price is available. If you can save some 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.
Step 4: Provide notification to your current agent or company of your intent to cancel your current car insurance policy and submit the signed application along with the required initial payment to your new agent or company. As soon as you can, place your new certificate verifying proof of insurance in an accessible location in your vehicle.
One piece of advice is to use identical coverage information on each price quote and and to get price estimates from as many companies as feasibly possible. Doing this guarantees an apples-to-apples comparison and the best price selection.
More detailed car insurance information is available by following these links:
- Get the Right Protection (InsureUonline.org)
- Who Has Cheap Colorado Springs Auto Insurance for Real Estate Agents? (FAQ)
- Who Has Cheap Colorado Springs Auto Insurance for Welfare Recipients? (FAQ)
- How Much is Colorado Springs Car Insurance for a Toyota 4Runner? (FAQ)
- Who Has Affordable Car Insurance for Handicapped Drivers in Colorado Springs? (FAQ)
- State Car Insurance Guides (GEICO)
- Collision Insurance Coverage (Nationwide)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)