Regrettably, a large majority of drivers kept buying from the same company for at least four years, and roughly 40% of drivers have never compared rates with other companies. Many drivers in Colorado can save nearly 35% each year, but they think it’s difficult to find cheap rates by getting comparison quotes.
It takes a few minutes, but the best way to find the cheapest price for car insurance rates is to start doing an annual price comparison from insurers in Aurora.
- Step 1: Read about what is in your policy and the measures you can take to drop your rates. Many risk factors that are responsible for high rates such as careless driving and an imperfect credit history can be rectified by making minor driving habit or lifestyle changes. This article gives instructions to prevent expensive rate increases and find additional discounts you may qualify for.
- Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Exclusive agents and direct companies can give quotes from one company like Progressive or Allstate, while independent agencies can provide rate quotes for many different companies. Click to view companies
- Step 3: Compare the new rate quotes to your existing coverage and determine if there is any savings. If you find a lower rate and change companies, make sure there is no lapse in coverage.
- Step 4: Provide written notification to your current company of your intention to cancel your existing policy and submit a down payment along with a completed application to your new insurance company. As soon as you have the new policy, place the new certificate of insurance with your vehicle’s registration.
An important note is to compare the same amount of coverage on each price quote and and to get rates from every insurance company. This provides a fair rate comparison and a complete price analysis.
If you already have coverage, you will most likely be able to reduce premiums using this information. Choosing the best rates in Aurora is much easier if you have a good place to start. But Colorado consumers must understand how big insurance companies determine what you pay.
How much does Honda Ridgeline insurance in Aurora, Colorado cost?
When comparison shopping, comparing more quotes gives you a better chance of getting more affordable rates. Some insurance companies are not set up to provide online Aurora Ridgeline insurance quotes, so you need to compare quotes on coverage from those companies, too.
The following companies have been selected to offer price comparisons in Aurora, CO. To buy cheap auto insurance in Aurora, we suggest you visit several of them to get the cheapest price.
Insurance is not optional
Even though it’s not necessarily cheap to insure a Honda in Aurora, maintaining insurance may be required and benefits you in several ways.
- Just about all states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance if you don’t want to risk a ticket. 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 your Honda has a loan, more than likely the lender will require you to have insurance to guarantee loan repayment. If you default on your policy, the lender may insure your Honda for a lot more money and require you to reimburse them much more than you were paying before.
- Insurance protects both your car and your personal assets. It will also pay for medical bills for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you cause an accident and are sued. If your Honda gets damaged, comprehensive and/or collision insurance will pay to restore your vehicle to like-new condition.
The benefits of buying insurance definitely exceed the cost, especially for larger claims. According to a 2015 survey, the average American driver is wasting up to $825 a year so you should quote rates every year to ensure rates are competitive.
Honda Ridgeline coverage statistics
The premium information displayed next outlines estimates of rate quotes for Honda Ridgeline models. Having knowledge of how insurance premiums are calculated can help guide drivers when making informed decisions when shopping around for a new policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Ridgeline RT 4WD||$190||$362||$448||$26||$134||$1,160||$97|
|Ridgeline RTS 4WD||$214||$362||$448||$26||$134||$1,184||$99|
|Ridgeline RTL 4WD||$214||$426||$448||$26||$134||$1,248||$104|
|Ridgeline RTL W/Navigation 4WD||$214||$426||$448||$26||$134||$1,248||$104|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can lower or raise prices noticeably.
The information below demonstrates how choosing different deductibles and can impact Honda Ridgeline premium costs for different age groups. The premiums assume a married female driver, full coverage, and no policy discounts are applied.
Safe drivers pay cheaper rates
The information below demonstrates how citations and at-fault fender-benders can influence Honda Ridgeline annual premium costs for different age groups of insureds. The premium estimates are based on a married female driver, full physical damage coverage, $500 deductibles, and no policy discounts are applied.
Annual premiums for males compared to females in Aurora
The information below illustrates the difference between Honda Ridgeline auto insurance costs for male and female drivers. The rate quotes are based on no driving violations, no at-fault accidents, full physical damage coverage, $1,000 deductibles, marital status is single, and no policy discounts are applied.
Difference between liability only and full coverage rates
The information below illustrates the difference between Honda Ridgeline annual premium costs when comparing full coverage to liability only. The prices are based on no driving violations, no at-fault accidents, $500 deductibles, single marital status, and no other discounts are factored in.
When to buy liability coverage only
There is no clear-cut formula to stop paying for comp and collision coverage, but there is a broad guideline. If the yearly cost of full coverage is more than 10% of the settlement you would receive from your company, then it could be time to drop full coverage.
For example, let’s pretend your Honda Ridgeline claim settlement value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $6,000 after the deductible is paid. If premium cost is more than $600 annually to have full coverage, then you might want to consider buying only liability coverage.
There are some conditions where only buying liability is not advised. If you have an outstanding loan on your vehicle, you have to keep full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should keep full coverage on your policy.
Lower rates by qualifying for discounts
Not many people think insurance is cheap, but you may qualify for discounts that you may not even be aware of. Certain credits will be shown at the time you complete a quote, but once in a while a discount must be asked about prior to getting the savings.
- Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you may have a lower total premium amount.
- Safety Course Discount – Taking part in a course teaching safe driver skills could save 5% or more if your company offers it.
- Distant Student – Older children who live away from home at college and won’t have access to an insured vehicle can receive lower rates.
- Senior Discount – If you qualify as a senior citizen, you are able to get reduced rates.
- Seat Belts Save more than Lives – Drivers who require all vehicle occupants to buckle up before driving may be able to save a few bucks off the PIP or medical payment premium.
- Discount for Multiple Policies – If you can combine your auto and home policy with one insurance company you could get a discount of at least 10 to 15 percent or more.
- E-sign – A few companies will discount your bill up to fifty bucks for buying a policy and signing up on the web.
- Renewal Discounts – A few larger companies offer discounts for switching policies prior to your current Ridgeline insurance policy expiration. This can save 10% or more.
- Accident Forgiveness – Not really a discount, but certain companies will let one accident slide before hitting you with a surcharge so long as you haven’t had any claims for a particular time prior to the accident.
- ABS Brakes – Vehicles with ABS braking systems or traction control can reduce accidents so you can save 10 percent or more.
Just know that many deductions do not apply to the entire cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, companies wouldn’t make money that way. But all discounts will help lower your auto insurance premiums.
The chart below illustrates the difference between Honda Ridgeline car insurance rates with and without discounts. The rates are based on a male driver, no accidents or driving violations, Colorado state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, claim-free, homeowner, and safe-driver discounts applied.
A list of auto insurance companies and a partial list of their discounts can be found below.
- State Farm includes discounts for Drive Safe & Save, accident-free, safe vehicle, Steer Clear safe driver discount, and good driver.
- Nationwide offers discounts for anti-theft, family plan, defensive driving, business or organization, accident-free, and multi-policy.
- GEICO policyholders can earn discounts including defensive driver, emergency military deployment, five-year accident-free, multi-vehicle, and membership and employees.
- AAA offers premium reductions for education and occupation, good student, multi-car, pay-in-full, AAA membership discount, multi-policy, and anti-theft.
- 21st Century discounts include student driver, air bags, theft prevention, automatic seat belts, defensive driver, driver training, and teen driver.
- The Hartford may include discounts for air bag, good student, driver training, anti-theft, bundle, vehicle fuel type, and defensive driver.
Double check with each company the best way to save money. Some credits may not be offered in Aurora. For a list of insurance companies that offer discounts in Colorado, follow this link.
Will just any policy work for me?
Always keep in mind that when comparing the best auto insurance coverage for your vehicles, there is no cookie cutter policy. Your needs are unique to you and a cookie cutter policy won’t apply.
These are some specific questions could help you determine whether or not you may require specific advice.
- Is my teenager covered with friends in the car?
- What is the minimum liability in Colorado?
- Does coverage extend to my business vehicle?
- What is motorclub and do I need it?
- Is my nanny covered when driving my vehicle?
- How much will a speeding ticket raise my rates?
- What can I do if my company won’t pay a claim?
- How much can I save by bundling my policies?
If you don’t know the answers to these questions then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.