View 2010 Chevrolet Colorado Insurance Rates

Trying to find the cheapest insurance rates for your Chevrolet Colorado? Searching for the cheapest insurance for a Chevy Colorado can turn out to be a painful process, but you can follow a few tricks to find lower rates. There is a right way and a wrong way to compare insurance rates so we’re going to tell you the proper way to price shop coverage for a new or used Chevy and obtain the lowest price.

Smart consumers take time to compare rates quite often since rates trend upward over time. Just because you had the lowest rates on Colorado insurance two years ago you may be paying too much now. Forget all the misinformation about insurance because we’re going to demonstrate the things you must know in order to get good coverage at a lower rate.

Don’t miss out on these money-saving discounts

Car insurance companies don’t list all available discounts very well, so here is a list both the well known and the more hidden discounts you could be receiving. If you don’t get every credit possible, you’re paying more than you need to.

  • Life Insurance – Select insurance companies reward you with better rates if you take out life insurance.
  • Anti-theft Discount – Vehicles with anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Multi-car Discount – Insuring more than one vehicle on the same insurance policy qualifies for this discount.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for discounted rates on garaged vehicles.
  • Safe Driver Discount – Insureds without accidents may receive a discount up to 45% less on Colorado insurance than drivers with accidents.
  • Homeowners Discount – Being a homeowner may trigger a insurance policy discount because of the fact that having a home requires personal responsibility.
  • Accident Forgiveness – A few companies permit an accident before raising your premiums if you are claim-free for a set time period.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • Claim Free – Claim-free drivers can save substantially as compared to accident-prone drivers.
  • Early Signing – Some insurance companies reward drivers for switching to them before your current policy expires. This can save 10% or more.

Consumers should know that many deductions do not apply the the whole policy. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like you would end up receiving a 100% discount, it just doesn’t work that way.

To see a list of companies with discount insurance rates, click here to view.

Where Can I Get Cheap Car Insurance?

Performing a rate comparison can be exhausting if you don’t utilize the best way to get rate quotes. You could waste time talking about coverages with insurance companies in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Most major companies participate in an industry program where prospective buyers enter their coverage request one time, and every company can provide price quotes for coverage. This prevents consumers from doing quote forms for each company you want a rate for.

To find out what other companies charge for 2010 Chevy Colorado insurance click here (opens in new window).

The one downside to getting quotes like this is that consumers can’t choose which carriers to receive prices from. If you prefer to choose specific insurance companies to compare rates, we have assembled a list of companies who write car insurance in your area. Click here for list of insurance companies.

Which method you use is up to you, but double check that you are using identical coverages with each company. If each company quotes unequal deductibles or liability limits it will be impossible to determine the lowest rate for your Chevy Colorado.

Factors that can influence Chevy Colorado insurance rates

Consumers need to have an understanding of the factors that come into play when calculating the price you pay for auto insurance. Knowing what influences your rates empowers consumers to make smart changes that could result in big savings.

  • High credit ratings translate to low rates – Your credit score is a big factor in your rate calculation. If your credit rating is lower than you’d like, you could save money insuring your 2010 Chevrolet Colorado by improving your rating. Consumers who have good credit tend to be less risk to insure than drivers with poor credit.
  • Extra coverages can waste money – There are many add-on coverages that you can buy on your auto insurance policy. Coverages like rental car reimbursement, towing coverage and motor club memberships are some examples. They may seem good when you first buy your policy, but if you don’t need them get rid of them and save.
  • Mature drivers pay less – Teenage drivers are statistically proven to be less responsible in a vehicle so they pay higher auto insurance rates. Mature drivers tend to be more responsible, file fewer claims and receive fewer citations.
  • Higher deductibles cost less – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Chevy from damage. Examples of covered claims are collision with another vehicle, vandalism, and windstorm damage. Deductibles for physical damage are the amount of money you are required to spend in the event of a claim. The more expense you’re willing to pay, the bigger discount you will receive on Colorado insurance.
  • More claims means more premium – If you are a frequent claim filer, you can look forward to higher rates. Insurance companies give discounts to people who are claim-free. Insurance coverage is meant to be used in the event of larger claims.
  • Don’t sacrifice liability coverage – The liability section of your policy is the coverage that protects you in the event that you are found liable for personal injury or accident damage. It will provide you with a defense in court which can cost thousands of dollars. Liability is cheap compared to insuring for physical damage coverage, so drivers should carry high limits.

Do I need special coverages?

When buying proper insurance coverage, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out if you might need professional guidance.

  • Can I afford to pay high deductible claims out of pocket?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • How much underlying liability do I need for an umbrella policy?
  • Where can I find high-risk insurance?
  • How can I find cheaper teen driver insurance?
  • Am I covered if I wreck a rental car?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, doesn’t cost anything and can help protect your family.

Can you really save $415 a year?

Consumers can’t ignore all the ads for cheaper car insurance by State Farm, Allstate and Geico. They all make the same claim that you’ll save big if you switch to their company.

How do they all claim to save you money? It’s all in the numbers.

All the different companies can use profiling for the type of driver that earns them a profit. An example of a preferred risk might be profiled as between the ages of 30 and 50, a clean driving record, and drives less than 7,500 miles a year. A propective insured that hits that “sweet spot” is entitled to the best price and as a result will probably save a lot of money.

Drivers who don’t measure up to these standards must pay higher premiums and this can result in the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can state the savings. This illustrates why you should get quotes from several different companies. It’s just too difficult to predict which insurance coverage company will provide you with the cheapest Chevy Colorado insurance rates.

Auto insurance coverage information

Having a good grasp of insurance can help you determine appropriate coverage for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.

Collision – Collision coverage covers damage to your Colorado from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as driving through your garage door, scraping a guard rail, rolling your car, crashing into a ditch and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Auto liability – This coverage protects you from injuries or damage you cause to people or other property. This insurance protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see values of 25/50/25 which stand for a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability can pay for claims such as repair bills for other people’s vehicles, emergency aid and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but buy higher limits if possible.

Medical payments coverage and PIP – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for things like dental work, prosthetic devices and funeral costs. The coverages can be used to cover expenses not covered by your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, falling objects and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

More comparisons equals lower rates

Cost effective 2010 Chevy Colorado insurance is possible online as well as from independent agents, and you need to price shop both to have the best rate selection. Some insurance providers don’t offer online quoting and these small insurance companies work with independent agents.

We covered a lot of tips how to compare insurance prices online. The key concept to understand is the more companies you get rates for, the higher your chance of finding lower rates. Drivers may discover the best price on insurance coverage is with a small mutual company.

Drivers who switch companies do it for many reasons like lack of trust in their agent, questionable increases in premium, delays in responding to claim requests or poor customer service. It doesn’t matter what your reason, finding a new insurance coverage company is not as difficult as it may seem.

Additional information can be read at these links: