2017 Chevrolet Colorado Car Insurance Cost in 2024

Buyers have many options when searching for the lowest priced Chevy Colorado insurance. You can either waste hours driving around to compare prices or utilize the internet to get rate quotes. There are both good and bad ways to buy insurance so we’re going to tell you the absolute fastest way to price shop coverage for a Chevy and obtain the cheapest rates either online or from local insurance agents.

Discounts for cheaper insurance rates

Some providers do not list all discounts in a way that’s easy to find, so we researched some of the more common as well as some of the hidden discounts that you may qualify for.

• Student Discounts – Getting good grades may save you up to 25%. This discount can apply until age 25.
• Professional Memberships – Having an affiliation with a professional or civic organization could trigger savings on your next renewal.
• Sign Online – A handful of insurance companies will give you a small discount simply for signing digitally online.
• Student in College – Children who are enrolled in higher education away from home and do not have a car may qualify for this discount.
• Discount for Life Insurance – If the company offers life insurance, you could get a break if you buy a life insurance policy as well.
• Theft Prevention Discount – Vehicles with anti-theft systems help deter theft and qualify for as much as a 10% discount.
• Own a Home and Save – Owning your own home or condo can get you a discount since home ownership is proof of financial responsibility.
• Payment Method – By paying your entire bill at once rather than paying monthly you can avoid monthly service charges.
• Student Driver Training – Reduce the cost of insurance for teen drivers by having them complete a driver education course in high school.
• Discounts for Federal Employees – Being employed by or retired from a federal job may reduce rates when you quote insurance coverage on Colorado insurance with certain companies.

A little note about advertised discounts, many deductions do not apply to your bottom line cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

Large insurance companies and some of their more popular discounts are detailed below.

• Progressive has discounts for multi-vehicle, continuous coverage, good student, homeowner, multi-policy, and online quote discount.
• The Hartford offers discounts for bundle, good student, anti-theft, air bag, driver training, vehicle fuel type, and defensive driver.
• Mercury Insurance discounts include anti-theft, good driver, annual mileage, low natural disaster claims, age of vehicle, and location of vehicle.
• GEICO offers discounts including air bags, daytime running lights, seat belt use, good student, and multi-vehicle.
• AAA policyholders can earn discounts including multi-policy, AAA membership discount, good student, education and occupation, and multi-car.
• State Farm includes discounts for good student, good driver, anti-theft, multiple autos, accident-free, driver’s education, and safe vehicle.

Before purchasing a policy, check with every insurance company which discounts you qualify for. Savings may not apply in your area.

How to compare free insurance rate quotes

There are multiple methods to compare insurance quotes, and some are less labor-intensive and much quicker. You can waste a few hours (or days) talking to local insurance agents in your area, or you could save time and use the web to accomplish the same thing much quicker.

Many companies participate in a marketplace where prospective buyers only type in their quote data once, and each participating company can provide price quotes for coverage. This saves time by eliminating quote requests to every company.

To fill out one form to compare multiple rates now enter your zip code here.

The only downside to doing it this way is you cannot specify the providers you want pricing from. If you wish to select specific providers to receive pricing from, we have assembled a list of low cost insurance companies in your area. Click to enter zip code.

It doesn’t matter which method you choose, just make sure you compare equivalent coverage information with each company. If your comparisons have different deductibles it’s impossible to decipher which rate is best.

Informed drivers can slash their insurance premiums

Part of the car insurance buying process is learning some of the factors that are used to determine your car insurance rates. If you have some idea of what determines premiums, this allows you to make educated decisions that could help you find much lower annual insurance costs.

• Only buy coverage you need – There are many extra add-on coverages that may not really be needed if you don’t pay attention. Insurance for personal injury protection, high-cost glass coverage, and motor club memberships could be just wasting money. These may sound like a good investment when you first buy your policy, but now you might not need them so eliminate the coverages to reduce your premium.
• Save mileage and save money – The higher the mileage driven in a year the more you will pay for car insurance. Most insurance companies price each vehicle’s coverage based on how the vehicle is used. Vehicles that have low annual miles qualify for better rates than vehicles that are driven to work every day. An improperly rated Colorado can cost quite a bit. Ask your agent if your car insurance coverage shows the correct usage for each vehicle.
• Never allow your policy to lapse – Having an insurance coverage lapse is a quick way to increase your rates. And not only will insurance be more expensive, being ticketed for driving with no insurance will get you a hefty fine and possibly a revoked license.
• Pay more by driving carelessly – Your driving record has a huge affect on how much you pay. Good drivers receive lower rates than their less careful counterparts. Only having one speeding ticket may cause rates to rise by as much as thirty percent. People who have severe citations such as DUI or willful reckless driving may need to file a proof of financial responsibility form (SR-22) with their state’s department of motor vehicles in order to legally drive.

Tailor your insurance coverage to you

When it comes to buying the best insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For example, these questions may help highlight if you would benefit from professional advice.

• Can I get a multi-policy discount?
• When can my company non-renew my policy?
• Is my camper covered by my car insurance policy?
• Are all vehicle passengers covered by medical payments coverage?
• Will my vehicle be repaired with OEM or aftermarket parts?
• What should my uninsured motorist coverage limits be in my state?
• Do I need added coverage for expensive stereo equipment?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with an insurance agent. If you don’t have a local agent, simply complete your zip code. It’s fast, doesn’t cost anything and may give you better protection.

Advertising myths

Drivers can’t avoid all the ads that promise big savings from companies such as GEICO, State Farm and Progressive. They all make the same claim that people will save if you change your policy.

How does every company charge you less for car insurance? Here is how they do it.

Companies give the best rates for the right customer that earns them a profit. A good example of a desirable risk could be a female over age 40, has no driving citations, and drives less than 7,500 miles a year. A customer who matches those parameters will most likely get cheap rates and is almost guaranteed to save money with a new company.

People who don’t qualify for the “perfect” profile will probably have to pay a higher premium and the driver buying from a lower-cost company. The ads say “drivers that switch” not “everyone who quotes” save that much when switching. That is how insurance companies can confidently make claims like that. This really emphasizes why drivers should get as many free insurance coverage quotes as possible. It is impossible to guess which company will fit your personal profile best.

Coverages available on your auto insurance policy

Having a good grasp of your auto insurance policy aids in choosing which coverages you need for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Uninsured or underinsured coverage – This coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy Colorado.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Medical expense coverage – Medical payments and Personal Injury Protection insurance kick in for bills for things like ambulance fees, doctor visits and prosthetic devices. They can be utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive protection – This coverage 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 theft, falling objects and a broken windshield. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Collision coverages – Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as driving through your garage door, colliding with another moving vehicle, sustaining damage from a pot hole, rolling your car and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Liability coverage – This protects you from damage or injury you incur to a person or their property that is your fault. This coverage protects you against claims from other people. It does not cover damage sustained by your vehicle 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 might see limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like legal defense fees, bail bonds, funeral expenses and repair costs for stationary objects. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

At the end of the day…

The cheapest 2017 Chevy Colorado insurance can be sourced both online and with local insurance agents, and you should compare rates from both to have the best selection. Some insurance companies do not offer internet price quotes and usually these small insurance companies work with independent insurance agents.

Drivers leave their current company for any number of reasons including high rates after DUI convictions, poor customer service, policy cancellation or denial of a claim. Regardless of your reason, finding a new insurance company is less work than it seems.

When shopping online for insurance, it’s very important that you do not sacrifice coverage to reduce premiums. In many instances, an accident victim reduced full coverage and discovered at claim time that they should have had better coverage. Your focus should be to buy enough coverage for the lowest price and still be able to protect your assets.