Lowest Car Insurance Exclusively for Loveland, CO Residents

Using the web to shop for Loveland car insurance can be a challenge if you have never used online quotes. But don’t let that discourage you because online price shopping is actually quite simple.

It is always a good idea to compare rates every six months due to the fact that insurance rates change regularly. Even if you think you had the best price a couple years back you can probably find a lower rate today. So just block out anything you think you know about car insurance because you’re going to learn the right way to find lower rates on car insurance.

Locating cheaper protection in Loveland is easy if you know what you’re doing. Just about every driver who carries car insurance will be able to find lower rates. But Colorado vehicle owners benefit from understanding how companies market on the web.

How to Get Car Insurance in Loveland

All the larger car insurance companies such as State Farm and Allstate provide insurance quotes on their websites. Getting online quotes is quite easy as you just type in your coverage information into a form. After you complete the form, the company’s rating system collects credit information and your driving record and provides a quote based on these factors.

This streamlines rate comparisons, but the time required to go to multiple sites and enter the same data into a form is repetitive and time-consuming. But it is imperative to get many rate quotes if you want to find better prices.

There is a better way!

A quicker way to locate the lowest prices requires only one form to obtain quotes from several different companies. It saves time, reduces the work, and makes rate comparisons much easier. After sending the form, it is rated and you can choose your choice of the quotes that you receive.

If one or more price quotes are lower than your current rates, you can click and sign and purchase coverage. It just takes a couple of minutes and could lower your rates considerably.

In order to use this form to compare rates, simply click here to open in new window and submit the form. If you have coverage now, it’s recommended you copy your coverages as shown on your current policy. This helps ensure you will receive a price comparison based on similar coverages.

Components of your insurance rates

Smart consumers have a good feel for the factors that go into determining your car insurance rates. Understanding what influences your rates enables informed choices that may reward you with big savings.

  • Do you have a high stress job? – Occupations like real estate brokers, executives and accountants tend to have higher rates than average attributed to job stress and lots of time spent at work. On the flip side, occupations such as pilots, athletes and the unemployed receive lower rates.
  • Being married can save on car insurance – Having a wife or husband actually saves money when buying car insurance. It is viewed as being more responsible it has been statistically shown that being married results in fewer claims.
  • Clean credit earns discounts – Having a bad credit score is a big factor in your rate calculation. Consumers who have good credit tend to be less risk to insure than drivers with lower credit ratings. Therefore, if your credit is low, you could save money insuring your by spending a little time repairing your credit.
  • Increase deductibles and save – Physical damage coverage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of claims that would be covered are running into the backend of another car, damage caused by hail, and windstorm damage. The deductibles are how much you are required to spend in the event of a claim. The higher the amount the insured has to pay upfront, the bigger discount you will receive.
  • Your age impacts your rates – Young drivers in Colorado are statistically proven to be careless and easily distracted when behind the wheel so car insurance rates are higher. Older insureds are more cautious drivers, tend to cause fewer accidents and tend to be better behind the wheel.
  • Do you need those extra coverages? – There are a lot of additional coverages that can waste your money on your car insurance policy. Coverages like vanishing deductibles, accident forgiveness and membership fees may be costing you every month. They may seem like a good idea at first, but your needs may have changed so get rid of them and save.

These discounts can slash car insurance rates

Insurance can cost an arm and a leg, buy you may qualify for discounts to reduce the price significantly. Certain discounts will be applied when you quote, but a few need to be specially asked for in order for you to get them.

  • Military Rewards – Having a family member in the military can result in better rates.
  • New Vehicle Savings – Buying coverage on a new vehicle is cheaper due to better safety requirements for new cars.
  • Payment Discounts – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Club Memberships – Being a member of a civic or occupational organization could trigger savings when shopping for car insurance.
  • Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less than their less cautious counterparts.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of more than 20%.
  • Good Students Pay Less – Performing well in school can save 20 to 25%. This discount can apply well after school through age 25.

A little note about advertised discounts, many deductions do not apply to the entire policy premium. Most only apply to individual premiums such as comprehensive or collision. So when it seems like you would end up receiving a 100% discount, you won’t be that lucky. Any amount of discount will reduce your overall premium however.

To choose providers who offer car insurance discounts in Loveland, click here to view.

When might I need the advice of an agent?

When it comes to buying coverage, there is no single plan that fits everyone. Each situation is unique.

For instance, these questions may help highlight if your situation may require specific advice.

  • Do I have coverage when pulling a U-Haul trailer?
  • Am I covered when driving someone else’s vehicle?
  • What should my uninsured motorist coverage limits be in Colorado?
  • How much underlying liability do I need for an umbrella policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Does my policy pay for OEM or aftermarket parts?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • How much liability do I need to cover my assets?
  • Is rental equipment covered for theft or damage?
  • Are split liability limits better than a combined single limit?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. If you want to speak to an agent in your area, take a second and complete this form.

Quote often and quote early

People switch companies for a variety of reasons including not issuing a premium refund, high prices, questionable increases in premium or even being labeled a high risk driver. Regardless of your reason for switching companies, switching car insurance companies is not as hard as you think.

Discount car insurance is attainable from both online companies and with local Loveland insurance agents, so you should be comparing quotes from both so you have a total pricing picture. There are still a few companies who do not offer online price quotes and most of the time these regional insurance providers sell through independent agents.

When shopping online for car insurance, it’s not a good idea to skimp on coverage in order to save money. In many instances, an accident victim reduced comprehensive coverage or liability limits to discover at claim time they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at a price you can afford, not the least amount of coverage.

Colorado car insurance information

Additional car insurance information is located on the Colorado DORA Division of Insurance website found here. Consumers can learn about insurance regulations, discover disciplinary actions, and read consumer alerts.