Do you want to learn to get more competitive Toyota Prius insurance in Colorado Springs? Pretty sure you bought an under-performing, overpriced insurance policy? You're in good company because there are a lot of people in Colorado Springs just like you who feel imprisoned by their insurance policy.
It's a known fact that car insurance companies don't want customers comparing rates. People who compare price quotes will, in all likelihood, move their business because they have a good chance of finding discount prices. A recent study showed that consumers who shopped around every year saved about $70 a month compared to drivers who didn't regularly shop around.
If finding discount rates on insurance in Colorado Springs is your ultimate objective, then learning about the best ways to find and compare auto insurance can help simplify the process. Numerous insurance companies battle to insure your vehicles, and because of this it can be hard to compare insurers to find the absolute lowest price on Toyota Prius insurance in Colorado Springs.
Auto insurance discounts help lower rates for Toyota Prius insurance in Colorado Springs
Some companies don't always advertise all available discounts in an easy-to-find place, so the following is a list of some of the more common and the harder-to-find discounts you could be receiving when you buy Colorado Springs auto insurance online.
- Paperwork-free - A handful of auto insurance companies provide a small discount shop Colorado Springs auto insurance on their website.
- Responsible Drivers - Safe drivers can pay as much as 50% less compared to accident prone drivers.
- Driver Training Discounts - Participating in a course that instructs on driving safety could save 5% or more and easily pay for the cost of the class.
- ABS Brakes - Vehicles that have steering control and anti-lock brakes can stop better under adverse conditions so companies give up to a 10% discount.
- Student Discount for Driver Training - Have your child participate in a local driver's education class as it will make them better drivers and lower rates.
It's important to note that some credits don't apply to the whole policy. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like all the discounts add up to a free policy, it's just not the way it works. But all discounts will definitely reduce your policy premium.
The diagram below visualizes the comparison of Toyota Prius annual premium costs with and without discounts applied to the policy rates. The price estimates are based on a female driver, no violations or accidents, Colorado state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, safe-driver, multi-policy, and homeowner discounts applied.
A few of the larger companies and the discounts they provide are:
- State Farm may include discounts for good student, Steer Clear safe driver discount, student away at school, good driver, Drive Safe & Save, and defensive driving training.
- Progressive has savings for homeowner, online quote discount, multi-policy, multi-vehicle, good student, continuous coverage, and online signing.
- Travelers policyholders can earn discounts including multi-car, save driver, multi-policy, new car, hybrid/electric vehicle, IntelliDrive, and good student.
- American Family discounts include bundled insurance, TimeAway discount, accident-free, good driver, and early bird.
- Liberty Mutual offers discounts for multi-policy, new graduate, new move discount, hybrid vehicle, and newly retired.
Double check with every company how you can save money. All car insurance discounts might not be offered in Colorado Springs. To see insurers who offer discounts in Colorado, click this link.
Finding low cost auto insurance quotes can be surprisingly simple. Drivers just need to take time comparing rate quotes online from several insurance companies.
Doing price comparisons online is so simple that it replaces the need to actually drive to insurance agents' offices. The ability to buy insurance online has reduced the need for local agents unless you have a complicated situation and need the professional guidance of a local agent. It is possible to price shop your coverage online but purchase the actual policy in an agency.
The companies in the list below are our best choices to provide free quotes in Colorado Springs, CO. To get cheap auto insurance in Colorado Springs, we suggest you visit several of them to find the most affordable car insurance rates.
Toyota Prius detailed coverage information
The coverage information shown next covers estimates of insurance coverage prices for Toyota Prius models. Learning as much as possible about how car insurance premiums are calculated can assist in making smart policy decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, homeowner, and claim-free. Table data does not factor in specific garaging location which can affect coverage prices considerably.
When to contact a local insurance agent
A small number of people just want to get professional advice from a licensed agent and there is nothing wrong with that. Licensed agents are trained to spot inefficiencies and give you someone to call. The best thing about comparing insurance prices online is the fact that drivers can get the best rates and still buy from a local agent.
After completing this form (opens in new window), your information is submitted to insurance agents in Colorado Springs who will gladly provide quotes for your coverage. You won't even need to contact any insurance agencies because prices are sent directly to you. If you have a need to compare rates from a specific company, don't hesitate to search and find their rate quote page and give them your coverage information.
Finding the right company requires more thought than just the premium amount. Before buying a policy in Colorado Springs, get answers to these questions.
- Do they reduce claim amounts on high mileage vehicles?
- Which companies can they place coverage with?
- Is the agency active in community causes in Colorado Springs?
- Do the coverages you're quoting properly cover your vehicle?
- How many years have they been established?
- How often do they review policy coverages?
Auto insurance companies ranked
Choosing the right insurance company can be rather challenging considering how many different insurance companies sell coverage in Colorado. The company information in the next section can help you select which auto insurance companies you want to consider when looking for cheaper rates.
Top 10 Colorado Springs Car Insurance Companies Ranked by Value
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
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+
What insurance coverages do you need?
Understanding the coverages of your policy can be of help when determining which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and coverage can change by endorsement. Shown next are typical coverages found on the average insurance policy.
Liability car insurance - Liability coverage can cover damage or injury you incur to people or other property in an accident. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/15 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $15,000 for damage to vehicles and property.
Liability coverage protects against things like repair costs for stationary objects, court costs and legal defense fees. The amount of liability coverage you purchase is your choice, but it's cheap coverage so purchase as large an amount as possible. Colorado requires drivers to carry at least 25/50/15 but drivers should carry more liability than the minimum.
The next chart demonstrates why the minimum limit may not be enough coverage.
Uninsured or underinsured coverage - Your UM/UIM coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Toyota Prius.
Since a lot of drivers only purchase the least amount of liability that is required (25/50/15 in Colorado), it only takes a small accident to exceed their coverage. That's why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.
Collision - Collision coverage pays for damage to your Prius resulting from a collision with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as sideswiping another vehicle, hitting a parking meter, backing into a parked car, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Drivers also have the option to increase the deductible on your Prius to bring the cost down.
Medical expense coverage - Medical payments and Personal Injury Protection insurance pay for bills for things like doctor visits, nursing services, pain medications and prosthetic devices. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
Comprehensive protection - This pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things such as hail damage, damage from a tornado or hurricane and falling objects. The maximum payout your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle's value consider dropping full coverage.
Persistent drivers can save
In this article, we presented some good ideas how you can get a better price on Toyota Prius insurance in Colorado Springs. It's most important to understand that the more rate quotes you have, the better chance you'll have of finding affordable Colorado Springs auto insurance quotes. You may even find the most savings is with a company that doesn't do a lot of advertising. Regional companies may often insure only within specific states and give better rates compared to the large companies like Progressive and GEICO.
Lower-priced Toyota Prius insurance in Colorado Springs can be sourced online as well as from independent agents in Colorado Springs, so you need to shop Colorado Springs auto insurance with both to have the best rate selection. Some insurance companies may not have price quotes online and many times these small insurance companies only sell through independent agencies.
How to find discount Toyota Prius insurance in Colorado Springs
If your goal is the lowest price, then the best way to get cheaper Toyota Prius insurance in Colorado Springs is to begin comparing prices regularly from companies who provide auto insurance in Colorado. You can compare rates by following these steps.
Step 1: Read about how car insurance works and the things you can change to lower rates. Many factors that increase rates like traffic violations, accidents, and a substandard credit score can be remedied by improving your driving habits or financial responsibility.
Step 2: Compare prices from direct, independent, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like Progressive or Farmers Insurance, while independent agencies can provide rate quotes for a wide range of insurance providers. Start a quote
Step 3: Compare the new rates to your current policy to see if a cheaper price is available in Colorado Springs. If you can save some money and change companies, make sure there is no lapse in coverage.
Step 4: Provide adequate notice to your current company to cancel the current policy. Submit the completed application along with a down payment to the new company. Don't forget to place the new certificate of insurance with the vehicle registration.
One key aspect of rate comparisons is that you'll want to make sure you compare the same level of coverage on every quote and and to get price quotes from as many car insurance companies as possible. This helps ensure an apples-to-apples comparison and a complete price analysis.
To learn more, take a look at the following helpful articles:
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- Who Has the Cheapest Auto Insurance Rates for a Jeep Wrangler in Colorado Springs? (FAQ)
- How Much are Auto Insurance Rates for Government Employees in Colorado Springs? (FAQ)
- Who Has Affordable Car Insurance Quotes for College Graduates in Colorado Springs? (FAQ)
- Warning systems don't curb driver distraction (Insurance Institute for Highway Safety)
- Auto Insurance Basics (Insurance Information Institute)