If you want to find the absolute lowest rates, then the best way to find better pricing on car insurance rates in Aurora is to regularly compare quotes from insurers who sell auto insurance in Colorado.
First, gain an understanding of the different coverages in a policy and the changes you can make to lower rates. Many rating factors that drive up the price such as traffic tickets, fender benders, and a low credit rating can be improved by making small lifestyle or driving habit changes.
Second, compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only quote rates from a single company like Progressive or Allstate, while independent agencies can provide prices from multiple companies.
Third, compare the new rate quotes to your existing policy to see if you can save by switching companies. If you can save money and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, notify your current company to cancel your existing policy. Submit a completed policy application and payment to your new agent or company. Once the paperwork is finalized, safely store the proof of insurance paperwork in your vehicle’s glove compartment or console.
A valuable tip to remember is to compare the same deductibles and limits on every quote request and and to get prices from all possible companies. This guarantees a fair price comparison and the best price quote selection.
A recent NerdWallet.com study revealed that about 70% of customers renewed their policy with the same company for well over three years, and nearly the majority have never even shopped around for cheap coverage. With the average insurance premium being $1,847, American drivers can save hundreds of dollars each year just by getting comparison quotes, but they underestimate how much savings they would realize if they switch to a new company.
The cheapest Aurora Dodge Stratus insurance quotes
The are a couple different ways of comparing price quotes from all the different companies. The fastest way to do a complete rate comparison is simply to get online rate quotes.
Getting price quotes online is very simple and it takes the place of having to drive around to all the different Aurora insurance agencies. The fact that you can get quotes online eliminates the need for an insurance agent unless you require the trained advice that you can only get from talking to an agent. However, consumers can price shop your coverage online but buy from a local insurance agent. When comparing car insurance rates, know that comparing more prices increases your odds of finding lower pricing. Not every company does Aurora Stratus insurance quotes over the internet, so it’s important to also get rates from them as well.
The companies shown below are our best choices to provide free quotes in Aurora, CO. If your goal is to find cheap auto insurance in Aurora, we recommend you get rates from several of them to get the lowest price.
Three reasons to insure your vehicle
Despite the high cost of buying insurance for a Dodge Stratus in Aurora, paying for car insurance serves an important purpose.
- Almost all states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability insurance if you drive a vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If you have a lien on your Dodge, most banks will make it mandatory that you carry insurance to protect their interest in the vehicle. If you let the policy lapse, the lender may insure your Dodge at an extremely high rate and force you to pay much more than you were paying before.
- Car insurance protects not only your Dodge but also your financial assets. It will also provide coverage for most medical and hospital costs for yourself as well as anyone injured by you. One policy coverage, liability insurance, will also pay to defend you if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to restore your vehicle to like-new condition.
The benefits of having insurance are definitely more than the cost, especially if you ever need it. But the average American driver overpays as much as $865 each year so it’s recommended you shop around each time the policy renews to ensure rates are inline.
How Insurers Determine Dodge Stratus Insurance Prices
Consumers need to have an understanding of some of the things that help calculate your premiums. If you have some idea of what controls the rates you pay, this empowers consumers to make smart changes that can earn you lower premium levels. Multiple criteria are used in the calculation when you quote your car insurance policy. A few of the factors are predictable such as traffic violations, but some are not quite as obvious like your vehicle usage or how financially stable you are.
Additional coverages that may be costing you – There are quite a few optional add-on coverages that sound like a good idea at the time but may not be useful. Coverages for replacement cost coverage, towing, and extra life insurance coverage may be wasting your money. The coverages may be enticing when buying your policy, but now you might not need them so remove them and pocket the money.
Teenagers are high risk – More mature drivers have been proven to be more responsible, tend to cause fewer accidents, and are generally more financially stable. Teen drivers have a tendency to be inattentive and easily distracted behind the wheel therefore car insurance rates are much higher.
Get hitched and pay less – Your spouse can get you a discount when buying car insurance. Having a spouse usually means you are more mature and responsible and it’s proven that married drivers tend to file fewer claims.
A car insurance policy lapse is a bad thing – Having a lapse in insurance coverage can be a quick way to trigger a rate increase. Not only will you pay higher rates, not being able to provide proof of insurance can result in a hefty fine and possibly a revoked license. You could then be forced to file a SR-22 with the Colorado department of motor vehicles.
Save money with GPS tracking and theft deterrents – Choosing to buy a car that has a built-in theft deterrent system can save you some money. Anti-theft devices like OnStar, LoJack tracking, and tamper alarms all help stop car theft and help bring rates down.
High performance vehicles cost more to insure – The performance level of the car, truck or SUV you need to insure makes a substantial difference in how high your rates are. Smaller low performance passenger cars normally have pretty low rates, but many other things help determine your insurance rates.
Rates may be lower depending on your occupation – Occupations such as judges, social workers, and medical professionals tend to pay the highest rates in part from job stress and lots of time spent at work. On the flip side, professions such as professors, engineers and retirees get better rates.
Compare but don’t skimp
When shopping online for auto insurance, don’t be tempted to buy poor coverage just to save money. In many cases, an accident victim reduced uninsured motorist or liability limits to discover at claim time that they should have had better coverage. Your aim should be to purchase a proper amount of coverage for the lowest cost but still have enough coverage for asset protection.
We covered a lot of tips how to compare Dodge Stratus insurance car insurance rates in Aurora. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with a smaller regional carrier. They may often insure only within specific states and give better rates as compared to the big name companies such as Allstate, GEICO and Progressive.
Even more information can be read in the articles below:
- Teen Driving Statistics (iihs.org)
- Who Has the Cheapest Aurora Auto Insurance Rates for Drivers Under 21? (FAQ)
- How Much are Aurora Auto Insurance Quotes for High School Students? (FAQ)
- How Much are Auto Insurance Quotes for a Dodge Ram in Aurora? (FAQ)
- Who Has Cheap Car Insurance Quotes for Lyft Drivers in Aurora? (FAQ)
- Who Has Cheap Car Insurance Rates for a Ford Escape in Aurora? (FAQ)
- Booster Seat Ratings (iihs.org)
- Teen Driving and Texting (State Farm)
- Determining Auto Insurance Rates (GEICO)
- Think You’re a Safe Driver? (State Farm)