2012 Chevrolet Colorado Insurance Rates – 10 Tips to Save

Buyers have lots of choices when searching for the lowest priced Chevy Colorado insurance. You can either spend your time contacting agents trying to get quotes or save time using the internet to compare rates.

There is a better way to shop for car insurance so we’re going to tell you the quickest way to quote coverages on a Chevy and locate the lowest possible price from local insurance agents and online providers.

How to Compare Auto Insurance Costs

There are several ways you can shop for Chevy Colorado auto insurance but there is one way that is less time-consuming than others. You could spend your day talking about coverages with agents in your area, or you could save time and use online quotes to accomplish the same thing much quicker.

Many companies belong to a marketplace where insurance shoppers complete one form, and every company can give them a price determined by their information. This system prevents you from having to do quote forms to each individual auto insurance company. To find out how much you’re overpaying now click here to start a free quote.

The only downside to comparing rates this way is buyers cannot specifically choose the insurers you want pricing from. So if you want to choose from a list of companies to compare prices, we put together a list of the cheapest auto insurance companies in your area. Click to view list.

It’s up to you which method you use, but make sure you use identical coverages and limits for each comparison quote. If each company quotes different deductibles then you won’t be able to find the best deal for your Chevy Colorado.

Cut prices on 2012 Chevy Colorado insurance

Car insurance can cost a lot, but you can get discounts that you may not even be aware of. Some discounts apply automatically when you quote, but a few must be specially asked for prior to getting the savings. If you aren’t receiving every discount available, you’re paying more than you need to.

Good Students Pay Less – Getting good grades can get you a discount of up to 25%. The discount lasts well after school through age 25.
Employee of Federal Government – Active or retired federal employment can earn a discount up to 10% on Colorado insurance with select insurance companies.
Distant Student – Youth drivers who are attending college and don’t have a car may qualify for this discount.
Lower Rates for Military – Being deployed with a military unit can result in better rates.
E-sign – A few companies will give a small break simply for signing on their website.
Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
Anti-lock Brake System – Anti-lock brake equipped vehicles are safer to drive and earn discounts up to 10%.
Club Memberships – Affiliation with certain professional organizations could qualify you for a break when shopping for insurance on Colorado insurance.
Sign Early and Save – A few companies offer discounts for switching to them prior to your current policy expiring. It can save you around 10%.
Senior Citizens – If you’re over the age of 55, you may receive a small decrease in premiums on Colorado insurance.

It’s important to note that most discounts do not apply to your bottom line cost. Some only reduce specific coverage prices like collision or personal injury protection. So when it seems like it’s possible to get free car insurance, you’re out of luck. But any discount will cut your premiums.

To see a list of providers who offer insurance discounts, follow this link.

Tailor your coverage to you

When buying the right insurance coverage for your vehicles, there isn’t really a “best” method to buy coverage. Everyone’s needs are different.

These are some specific questions may help highlight whether your personal situation might need an agent’s assistance.

Does my insurance cover my expensive audio equipment?
Will I be non-renewed for getting a DUI or other conviction?
Does having multiple vehicles earn me a discount?
Am I covered by my employer’s commercial auto policy when driving my personal car for business?
Why does it cost so much to insure a teen driver?
Do I need replacement cost coverage on my 2012 Chevy Colorado?
How high should my medical payments coverage be?
Am I covered when using my vehicle for business?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Car insurance 101

Having a good grasp of your policy can help you determine the best coverages for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Medical costs insurance

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for rehabilitation expenses, surgery and hospital visits. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Liability car insurance

Liability coverage can cover damage or injury you incur to other people or property in an accident. It protects you from legal claims by others, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like attorney fees, emergency aid, funeral expenses, court costs and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like damage from flooding, damage from a tornado or hurricane and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Coverage for collisions

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like hitting a mailbox, colliding with another moving vehicle, crashing into a building and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Another option is to bump up the deductible to save money on collision insurance.

UM/UIM Coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these coverages are identical to your policy’s liability coverage.