Have you fallen victim to an underperforming, overpriced insurance policy? Trust us, there are many consumers feeling the pinch from expensive insurance.
Drivers have so many auto insurance companies to pick from, and although it’s a good thing to have multiple companies, it makes it harder to find the best rates for your vehicles.
There are several ways to compare Chevy Colorado insurance coverage quotes, but some are less labor-intensive and much quicker. You could spend your day driving to local insurance agents in your area, or you could use the internet to get rate comparisons in just a few minutes.
Most of the best insurance companies participate in a marketplace that allows shoppers to enter their coverage request one time, and at least one company can give them a price based on that data. This prevents consumers from doing quote forms for every insurance coverage company.
To find out how much you can save on insurance coverage click to open in new window.
The only downside to pricing coverage this way is buyers cannot specifically choose which companies to receive prices from. So if you prefer to choose specific insurance companies to receive pricing from, we have a page of low cost insurance coverage companies in your area. Click here to view list.
It’s your choice how you get your quotes, but ensure you are comparing exactly the same coverage limits on every quote you get. If you use different values for each quote you can’t possibly find the best deal for your Chevy Colorado. Just a small difference in insurance coverages can result in a big premium difference. And when quoting insurance coverage, remember that getting more free quotes will improve the odds of getting a better price.
Companies offering auto insurance do not advertise all available discounts very clearly, so here is a list both the well known as well as the least known ways to save on auto insurance.
It’s important to understand that most discounts do not apply to the overall cost of the policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. So when the math indicates all the discounts add up to a free policy, auto insurance companies aren’t that generous.
Companies who might offer some of the above discounts may include but are not limited to:
It’s a good idea to ask each company how you can save money. All car insurance discounts may not apply in your area.
When it comes to choosing adequate coverage, there really is no best way to insure your cars. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that may help you determine whether or not you would benefit from an agent’s advice.
If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form or you can also visit this page to select a carrier
Having a good grasp of your policy can help you determine the best coverages at the best deductibles and correct limits. Car insurance terms can be confusing and coverage can change by endorsement. Shown next are typical coverage types found on the average car insurance policy.
Medical payments and PIP coverage
Med pay and PIP coverage pay for immediate expenses for hospital visits, EMT expenses, X-ray expenses and prosthetic devices. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay
Collision coverage protection
This coverage covers damage to your Colorado resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision coverage pays for things such as colliding with a tree, hitting a mailbox, sustaining damage from a pot hole and driving through your garage door. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to save money on collision insurance.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.
Comprehensive auto coverage
Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive can pay for things such as hail damage, a broken windshield, damage from flooding and hitting a deer. The highest amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Liability
This protects you from damage or injury you incur to a person or their property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.
Liability coverage protects against claims like court costs, emergency aid, funeral expenses and medical services. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.