If you want to save money, the best way to find better pricing on auto insurance rates is to regularly compare quotes from insurance carriers who sell auto insurance in Aurora. You can shop around by following these guidelines.
- Step 1: Try to learn a little about how car insurance works and the steps you can take to prevent expensive coverage. Many policy risk factors that result in higher rates like accidents, careless driving, and an imperfect credit rating can be remedied by making minor driving habit or lifestyle changes.
- Step 2: Compare rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive or Allstate, while independent agencies can provide prices from multiple insurance companies.
- Step 3: Compare the new quotes to your existing coverage to determine if you can save on HS 250h insurance. If you can save some money and change companies, make sure coverage is continuous and does not lapse.
- Step 4: Provide notification to your current agent or company to cancel your current policy and submit a completed application and payment for the new coverage. Once the application is submitted, put the certificate verifying coverage with your registration paperwork.
One tip to remember is to compare identical coverage information on each quote request and and to look at as many auto insurance providers as possible. Doing this enables an accurate price comparison and many rates to choose from.
Amazingly, most Colorado insurance customers renewed their policy with the same company for four years or more, and nearly 40% of drivers have never shopped around. American consumers could save $859 a year, but most just don’t grasp the benefits if they replace their high priced policy.
Four Tips to Get Cheaper Aurora Insurance Prices
Many different elements are used in the calculation when quoting car insurance. Some factors are common sense like a motor vehicle report, but others are more transparent such as your marital status and annual miles driven. Part of the insurance buying process is learning a few of the rating criteria that come into play when calculating insurance rates. If you have a feel for what influences your rates, this enables informed choices that could help you find cheaper rates.
The factors shown below are some of the most common factors used by insurance companies to determine prices.
Get hitched and pay lower prices – Having a significant other can actually save you money on your insurance bill. Marriage means you’re less irresponsible and statistics show drivers who are married file infrequent claims.
Low physical damage deductibles can be expensive – Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your Lexus from damage. Examples of covered claims could be a dented fender, hitting a deer, or theft. Physical damage deductibles state the amount of money you are willing to pay if the claim is covered. The more damage repair cost the insured is willing to pay, the better rate you will receive.
Teen driver insurance premiums – Older people are more cautious drivers, file fewer claims, and receive fewer citations. Beginning drivers are statistically proven to be careless and easily distracted with other occupants in the car and because of this, their insurance rates are much higher.
The following chart uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.
Only buy what you need – There are many extra add-on coverages that sound like a good idea at the time if you don’t pay attention. Coverages like replacement cost coverage, accidental death, and membership fees could be just wasting money. You may think they are a good idea when deciding what coverages you need, but your needs may have changed so eliminate them to save money.
Most major insurance companies like Progressive, GEICO, Allstate and State Farm allow consumers to get coverage price quotes on their websites. Comparing prices online for Lexus HS 250h insurance in Aurora is fairly straightforward as all you need to do is type in your coverage information into the form. When complete, their quoting system orders your credit score and driving record and returns a price quote based on these and other factors.
This streamlines rate comparisons, and it’s also necessary to perform this step if you are searching for the cheapest price on car insurance.
In order to compare pricing, compare rates from the companies below. If you have your current policy handy, we recommend you copy the coverages exactly as they are listed on your policy. This ensures you are getting rate quotes based on similar coverages.
The car insurance companies shown below offer quotes in Aurora, CO. If you want to find cheaper car insurance in Aurora, CO, we suggest you visit as many as you can in order to get a fair rate comparison.
Lexus HS 250h insurance analysis
The information below showcases different coverage prices for Lexus HS 250h models. Understanding more about how insurance quotes are calculated is important for you to make decisions on which coverage to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $266 | $566 | $388 | $22 | $116 | $1,358 | $113 |
| HS 250H Premium 4-Dr Sedan | $266 | $566 | $388 | $22 | $116 | $1,358 | $113 |
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Data rating is based on single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Rates do not factor in specific zip code location which can affect price quotes significantly.
Physical damage deductible comparison
One of the more difficult decisions when buying insurance is where to set your physical damage deductibles. The following insurance rates may help to illustrate how much more you’ll pay when you select higher and lower deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second price chart uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $342 | $620 | $298 | $18 | $90 | $1,393 | $116 |
| HS 250H Premium 4-Dr Sedan | $342 | $620 | $298 | $18 | $90 | $1,393 | $116 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HS 250H 4-Dr Sedan | $278 | $500 | $298 | $18 | $90 | $1,184 | $99 |
| HS 250H Premium 4-Dr Sedan | $278 | $500 | $298 | $18 | $90 | $1,184 | $99 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Prices do not factor in Aurora location which can raise or lower coverage rates considerably.
Using the premium rates above, we can conclude that using a $250 deductible costs approximately $17 more each month or $204 each year averaged for all HS 250h models than requesting the higher $500 deductible. Due to the fact that you would have to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you tend to have at least 15 months between claims, you would come out ahead going with the higher deductible.
Cautious drivers save money
The illustration below demonstrates how speeding tickets and at-fault accidents can influence Lexus HS 250h premium costs for different ages of insureds. The premium estimates are based on a single male driver, full coverage, $500 deductibles, and no discounts are applied to the premium.
Full coverage versus liability-only
The illustration below visualizes the comparison of Lexus HS 250h insurance premiums when comparing full coverage to liability only. Data assumes no claims or driving citations, $1,000 deductibles, marital status is single, and no other discounts are factored in.
Are you wasting money on full coverage?
There is no clear-cut formula that works best for making the decision to drop physical damage insurance, but there is a broad guideline. If the yearly cost of full coverage is more than about 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let’s assume your Lexus HS 250h settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, the most you would receive is $8,000 after paying your deductible. If you are currently paying more than $800 a year to have full coverage, then you might consider buying liability only.
There are a few situations where eliminating full coverage is not recommended. If you have an outstanding loan on your vehicle, you are required to maintain full coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should keep full coverage on your policy.
Insurance is not optional in Colorado
Despite the high insurance cost for a Lexus HS 250h in Aurora, buying insurance may be mandatory for several reasons.
- The majority of states have compulsory liability insurance requirements which means it is punishable by state law to not carry a specific level of liability insurance coverage if you want to drive legally. 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 Lexus has a loan, most lenders will force you to buy insurance to guarantee loan repayment. If coverage lapses or is canceled, the bank may insure your Lexus at a more expensive rate and make you pay a much higher amount than you were paying before.
- Insurance safeguards both your assets and your vehicle. It will also provide coverage for all forms of medical expenses for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, also pays expenses related to your legal defense if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, your policy will pay to repair the damage.
The benefits of having insurance are definitely more than the cost, particularly for liability claims. An average driver in America is overpaying more than $869 every year so compare rates once a year at a minimum to help ensure money is not being wasted.
Affordable rates with discounts
Some insurers don’t always list every discount available very clearly, so the next list breaks down some of the best known and also the more inconspicuous credits that you can use to lower your rates.
- Low Mileage Discounts – Low mileage vehicles may enable drivers to earn slightly better premium rates than normal.
- Online Discount – A handful of insurance companies will discount your bill up to fifty bucks shop Aurora auto insurance on your computer.
- Discount for Home Ownership – Owning your own home or condo can get you a discount since home ownership shows financial diligence.
- Professional Organizations – Affiliation with certain professional organizations can get you a small discount when getting a Aurora auto insurance quote.
- Include Life Insurance and Save – Some companies give a break if you buy a life policy as well.
It’s important to note that some credits don’t apply to the entire cost. Most only cut the cost of specific coverages such as physical damage coverage or medical payments. So even though you would think all those discounts means the company will pay you, nobody gets a free ride.
The diagram below compares Lexus HS 250h insurance costs with and without some available policy discounts. The premiums assume a female driver, no violations or accidents, Colorado state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, multi-car, marriage, homeowner, and safe-driver discounts applied.
Larger insurance companies and some of the discounts are detailed below.
- State Farm includes discounts for Steer Clear safe driver discount, good student, multiple policy, student away at school, good driver, and Drive Safe & Save.
- Nationwide may offer discounts for business or organization, good student, family plan, multi-policy, anti-theft, accident-free, and easy pay.
- GEICO has discounts for military active duty, daytime running lights, anti-lock brakes, driver training, multi-policy, federal employee, and defensive driver.
- AAA policyholders can earn discounts including multi-policy, AAA membership discount, good student, good driver, multi-car, and education and occupation.
- 21st Century offers discounts including homeowners, defensive driver, student driver, early bird, teen driver, 55 and older, and anti-lock brakes.
- The Hartford may have discounts that include good student, air bag, bundle, anti-theft, and driver training.
Before buying, ask every insurance company to give you their best rates. Discounts might not apply everywhere.
Shop online but buy locally
Many drivers would prefer to buy from a local agent and doing so can bring peace of mind Insurance agents will help you protect your assets and help file insurance claims. The best thing about getting online price quotes is that you can find lower prices and still have an agent to talk to. Buying insurance from local agencies is important especially in Aurora.
By using this quick form, your insurance coverage information is sent to participating agents in Aurora who will return price quotes for your car insurance coverage. You never need to contact an agency due to the fact that quote results will go to you directly. If you need to get a price quote from a specific company, just jump over to their website and fill out their quote form.
If you are wanting to find an insurance agent, there are two different types of agencies and how they are slightly different. Aurora agents can be described as either exclusive or independent agents depending on their company appointments. Both types of agents can do a good job, but it’s good to learn the difference in how they write coverage because it can factor into your agent selection.
Independent Agents (or Brokers)
Agents that elect to be independent do not write with just one company and that allows them to write policies with any number of different companies and potentially find a lower price. If your agent finds better pricing, an independent agent can move your coverage and you don’t have to switch agencies.
If you are comparing car insurance prices, it’s recommended you get insurance quotes from several independent insurance agents to have the most options to choose from. Most also write with additional companies that you may not be familiar with which can save you money.
Shown below is a short list of independent insurance agents in Aurora that can possibly get you comparison quotes.
- Focus Insurance Agency
2993 S Peoria St #144 – Aurora, CO 80014 – (303) 695-6220 – View Map - Colorado Insurance Professionals, Inc.
13693 E Iliff Ave – Aurora, CO 80014 – (303) 755-8600 – View Map - BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 – Aurora, CO 80014 – (303) 368-5839 – View Map
Exclusive Car Insurance Agents
Exclusive agents generally can only insure with one company and examples are Allstate, State Farm and Farm Bureau. They are unable to provide prices from multiple companies so it’s a take it or leave it situation. They are trained well on what they offer which helps offset the inability to provide other markets. Consumers often use the same agent primarily because of loyalty to the company and solid financial strength.
Below are Aurora exclusive insurance agents willing to provide rate quotes.
- Allstate Insurance: Danielle Shannon Agency
6820 S Liverpool St d – Aurora, CO 80016 – (303) 676-8071 – View Map - Denise Smith – State Farm Insurance
1278 S Chambers Rd – Aurora, CO 80017 – (303) 343-3515 – View Map - Allstate Insurance: Larry Meurisse
1710 S Buckley Rd Unit 6 – Aurora, CO 80017 – (303) 752-1441 – View Map
Picking an auto insurance agent is decision based upon more than just the premium amount. Here are some questions you might want to ask.
- Is insurance their full-time profession?
- Are they properly licensed to sell insurance in Colorado?
- Do they offer claims assistance after hours?
- Does the company use OEM repair parts?
- What will you get paid if your car is a total loss? How is that amount determined?
Best auto insurance company in Aurora
Ending up with a high-quality auto insurance company is difficult considering how many different insurance companies sell coverage in Colorado. The rank data below can help you select which auto insurers you want to consider purchasing a policy from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
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Data Source: Insure.com Best Car Insurance Companies
There’s no such thing as the perfect car insurance policy
When choosing a policy for your vehicles, there is no one size fits all plan. Every insured’s situation is different.
For instance, these questions can help discover if your situation would benefit from an agent’s advice.
- Do I need added coverage for expensive stereo equipment?
- Can I rate high risk drivers on liability-only vehicles?
- What does PIP insurance cover?
- How long can I keep a teen driver on my policy?
- Are my custom wheels covered?
- Do I have coverage when using my vehicle for my home business?
- How can I get high-risk coverage after a DUI?
- Can I use my car for my catering business?
- What is GAP insurance?
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form. It only takes a few minutes and can help protect your family.
Compare but don’t skimp
In this article, we covered a lot of tips how to compare Lexus HS 250h insurance prices in Aurora. The key concept to understand is the more companies you get rates for, the better likelihood of getting cheaper Aurora auto insurance quotes. You may even discover the lowest prices come from an unexpected company.
Cost effective Lexus HS 250h insurance is definitely available both online and from local agencies, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance providers do not offer online price quotes and usually these regional carriers only sell through independent agents.
Insureds leave their current company for any number of reasons including unfair underwriting practices, questionable increases in premium, an unsatisfactory settlement offer and being labeled a high risk driver. Regardless of your reason, finding the right insurance provider can be easier than you think.
Even more information is located in these articles:
- Tools for Teen Driving Safety (State Farm)
- What Auto Insurance is Cheapest for a Hyundai Sonata in Aurora? (FAQ)
- How Much is Auto Insurance for a Ford Explorer in Aurora? (FAQ)
- What Auto Insurance is Cheapest for Nurses in Aurora? (FAQ)
- Who Has Affordable Aurora Auto Insurance for Electric Cars? (FAQ)
- How Much is Aurora Auto Insurance for Hybrid Vehicles? (FAQ)
- Winter Driving (Insurance Information Institute)
- Auto Insurance Facts and Statistics (Insurance Information Institute)
- Property Damage Coverage (Liberty Mutual)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)