If saving the most money is your goal, then the best way to save on auto insurance rates in Aurora is to compare prices once a year from providers in Colorado. This can be done by following these guidelines.
- Spend a few minutes and learn about what coverages are included in your policy and the things you can change to keep rates low. Many factors that result in higher prices such as getting speeding tickets and a poor credit score can be amended by making minor changes to your lifestyle.
- Obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from a single company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes from multiple companies. Compare rates now
- Compare the price quotes to the price on your current policy to determine if you can save on Regal insurance. If you find better rates and switch companies, verify that coverage does not lapse between policies.
- Provide proper notification to your current company to cancel your current car insurance policy and submit any necessary down payment along with the completed application to your new insurance company. Make sure you put the certificate verifying coverage along with your vehicle registration.
A good piece of advice is to try to use the same deductibles and limits on each price quote and and to get rate quotes from every insurance company. This guarantees an apples-to-apples comparison and a complete selection of prices.
We don’t have to point out that fact that car insurance companies want to keep you from comparing prices. Consumers who get comparison quotes once a year are very likely to switch to a new company because there is a good probability of finding a policy with more affordable rates. A recent survey discovered that consumers who regularly compared rates saved on average $865 a year compared to those who never shopped around for lower prices.
If finding the best price on Buick Regal insurance in Aurora is why you’re reading this, then having a grasp of how to find companies and compare insurance coverage can help make the process easier and more efficient.
Get Cheaper Insurance Costs by Understanding These Factors
Lots of things are considered when quoting car insurance. Most are fairly basic such as your driving history, but others are more transparent such as whether you are married or your vehicle rating. An important part of buying insurance is that you know the factors that help calculate the price you pay for car insurance. If you have a feel for what controls the rates you pay, this allows you to make good choices that can earn you lower premium levels.
The following are most of the major factors that factor into premiums.
Cars with good safety ratings lower premiums – Vehicles that have high safety ratings are cheaper to insure. Vehicles built for safety help reduce the chance of injuries in an accident and any reduction in injury severity means less money paid by your insurance company and thus lower rates.
High credit means lower costs – Having a bad credit score can be an important factor in determining your rates. If your credit rating can use some improvement, you could pay less to insure your Buick Regal by repairing your credit. Insureds with excellent credit scores tend to be more responsible than drivers who have poor credit.
Responsible drivers pay less – Your driving record influences premium rates substantially. Careful drivers pay lower auto insurance prices than their less careful counterparts. Only having one citation could increase your next policy renewal by twenty percent. Drivers with severe citations like DUI, reckless driving or excessive speeding may find they need to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to legally drive a vehicle.
Liability insurance limits on your policy – The liability section of your policy is the coverage that protects you if a jury decides you are liable for an accident. Your liability coverage provides legal defense starting from day one. Liability insurance is pretty cheap compared to insuring for physical damage coverage, so drivers should carry high limits.
Filing claims can cost you – Car insurance companies in Colorado provide the lowest premiums to people who do not rely on their insurance for small claims. If you are a frequent claim filer, you can expect either policy cancellation or increased premiums. Auto insurance is intended for major claims that would cause financial hardship.
Premiums are high for teenagers – More mature drivers are viewed as being more responsible, statistically cause fewer accidents, and receive fewer citations. Youthful drivers have a tendency to be careless and easily distracted with other occupants in the car so car insurance rates are higher.
Policy add-ons may not be needed – There are a ton of add-on coverages that can waste your money if you aren’t careful. Insurance for rental car reimbursement, towing coverage, and extra equipment coverage could be just wasting money. You may think they are a good idea initially, but your needs may have changed so consider taking them off your policy.
Buick Regal insurance loss data – Insurers use claims history to calculate a rate that will offset losses. Vehicles that tend to have higher frequency or amount of claims will have higher rates.
The next table shows the loss history for Buick Regal vehicles. For each policy coverage, the statistical loss for all vehicles, without regard to make or model, is set at 100. Numbers that are below 100 indicate a favorable loss history, while values that are 100 or greater indicate more frequent claims or tendency to have larger claims.
|Specific Buick Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Buick Regal 2WD||96||92||82||104||94||97|
|Buick Regal 4WD||113||87|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Don’t give up on cheap rates
As you prepare to switch companies, make sure you don’t reduce needed coverages to save money. There are many occasions where someone dropped full coverage only to regret that they should have had better coverage. The goal is to get the best coverage possible for the lowest price, but do not sacrifice coverage to save money.
You just learned a lot of ways to lower your Buick Regal insurance rates in Aurora. It’s most important to understand that the more you quote Aurora car insurance, the better chance you’ll have of finding cheaper Aurora car insurance quotes. You may even find the best rates are with an unexpected company.
Affordable Buick Regal insurance in Aurora is attainable on the web as well as from independent agents in Aurora, and you should compare rates from both so you have a total pricing picture. Some insurance providers may not have price quotes online and most of the time these small, regional companies only sell through independent insurance agents.
For more information, feel free to visit the following helpful articles:
- Determining Auto Insurance Rates (GEICO)
- What is the Cheapest Car Insurance in Aurora, Colorado? (FAQ)
- Teen Driving Statistics (iihs.org)
- Understanding Car Crashes Video (iihs.org)