Finding the cheapest insurance for your Subaru BRZ in Colorado could be a lot of work, but you can learn these tips to find lower rates. There are more efficient ways to compare insurance rates and we’ll show you the quickest way to price shop coverage for a Subaru and find the lowest possible price from both online companies and Denver agents.
Companies offering affordable Subaru BRZ rate quotes in Denver, CO
The companies shown below are ready to provide free quotes in Denver, CO. If the list has multiple companies, it’s a good idea that you visit two to three different companies in order to get a fair rate comparison.
Determine discounts on Denver auto insurance
Insurance can cost an arm and a leg, but you can get discounts that you may not know about. Many of these discounts will be applied automatically when you purchase, but a few must be manually applied before you get the savings. If you check and find you aren’t receiving every discount you qualify for, you’re paying more than you need to.
- Claim-Free Discount – Insureds with no claims or accidents pay much less when compared with frequent claim filers.
- Discount for Life Insurance – Some companies give a lower price if you buy auto and life insurance together.
- Senior Discount – Drivers over the age of 55 may be able to get a small decrease in premiums.
- Passive Restraint Discount – Vehicles equipped with air bags can get savings of 20% or more.
- Own a Home – Simply owning a home can save you money due to the fact that maintaining a home means you have a higher level of financial diligence.
- Payment Discounts – If you can afford to pay the entire bill rather than spreading payments over time you may reduce your total bill.
- Anti-lock Brakes – Cars, trucks, and SUVs with anti-lock braking systems are safer to drive and will save you 10% or more on BRZ insurance in Denver.
- Military Discounts – Having an actively deployed family member may lower your prices slightly.
You can save money using discounts, but some of the credits will not apply to your bottom line cost. Some only reduce individual premiums such as liability and collision coverage. So when it seems like you could get a free auto insurance policy, nobody gets a free ride.
A few popular companies and a partial list of their discounts can be found below.
- Farmers Insurance offers premium reductions for switch companies, mature driver, teen driver, homeowner, pay in full, distant student, and good student.
- Esurance includes discounts for paid-in-full, safety device, online shopper, homeowner, DriveSense, and good driver.
- State Farm has discounts for passive restraint, safe vehicle, anti-theft, multiple policy, good driver, and defensive driving training.
- GEICO has savings for anti-theft, military active duty, air bags, seat belt use, and multi-vehicle.
- Allstate discounts include multi-policy, good student, economy car, teenSMART discount, and early signing.
If you are trying to find low cost Denver auto insurance quotes, ask each company to apply every possible discount. A few discounts may not apply to policyholders in Denver. To see a list of providers with the best discounts in Colorado, click here to view.
When to get advice from an agent
A lot of people prefer to sit down and talk to an agent and that is a smart decision Professional agents are trained to spot inefficiencies and help file insurance claims. A good thing about comparing rates online is that you can find lower rates and still have an agent to talk to.
To find an agent, once you fill out this quick form, your information is submitted to companies in Denver that provide free Denver auto insurance quotes for your insurance coverage. There is no reason to contact any insurance agencies because quoted prices will be sent instantly to you. If you need to get a comparison quote from a specific insurance company, you can always navigate to their website and fill out their quote form.
Finding a good provider requires you to look at more than just the quoted price. These questions are important to ask:
- Do the companies they represent have a solid financial rating?
- Has the agent ever had any license suspensions?
- Will you work with the agent or an assistant?
- Is the coverage adequate for your vehicle?
- Will your rates increase after a single accident?
- Which family members are covered?
- Are claim adjusters local or do you have to take your car somewhere else?
- Will high miles depreciate repair valuations?
Types of car insurance agents in Denver
When researching a reliable insurance agency, it’s important to understand the different agency structures and how they differ in how they can insure your vehicles. Agents in Denver are either independent agents or exclusive agents depending on their employer. Both provide car insurance policies, but it is a good idea to know the differences because it can factor into your selection of an agent.
Exclusive Car Insurance Agencies
Exclusive agents normally can only provide a single company’s rates and examples are Allstate, AAA, Farmers Insurance, and State Farm. Exclusive agencies are unable to provide other company’s prices so you need to shop around if the rates are high. Exclusive agencies are well trained on their company’s products which helps them sell insurance even at higher premiums. Consumers frequently use the same exclusive agent mainly due to the brand legacy and solid financial strength.
The following are Denver exclusive agents who may provide you with comparison quotes.
- Farmers Insurance – James Lundin
1490 N Lafayette St #302b – Denver, CO 80218 – (303) 433-4542 – View Map
- State Farm: Sid Priday
2955 Inca St #1b – Denver, CO 80202 – (303) 825-7909 – View Map
- Farmers Insurance – Greg Delgado
2839 Wyandot St – Denver, CO 80211 – (720) 588-4111 – View Map
Independent Car Insurance Agencies
These agents are appointed with more than one company and that allows them to write policies with multiple insurance companies and help determine which has the cheapest rates. If you are not satisfied with one company, the business is moved internally which requires no work on your part.
When searching for an agent, it’s recommended you check rates from at a minimum one independent agency to ensure the widest selection of prices. A lot of them also have access to smaller regional carriers that can offer cheaper rates than bigger companies.
Listed below is a short list of independent insurance agents in Denver willing to provide comparison quotes.
- Mile High Insurance Agency
4704 Harlan St #360 – Denver, CO 80212 – (303) 237-5445 – View Map
- Premier Group Insurance
1777 W 38th Ave #102 – Denver, CO 80211 – (303) 477-0505 – View Map
- Affordable American Insurance-Lloyd Nguyen Agency
1834 S Sheridan Blvd – Denver, CO 80232 – (303) 936-7233 – View Map
Once you have acceptable answers to these questions and locked in a price quote, it’s a good possibility that you have found a car insurance agent that will provide car insurance coverage. It’s important to know that you are entitled to terminate your policy whenever you want so don’t think you are locked into any particular company for any length of time.
Can you really save if you switch?
Colorado drivers can’t avoid all the ads that claim the best rates from the likes of 21st Century, Allstate and State Farm. They all try to convey promises about savings just by switching your policy.
How does each company make the same claim? This is the way they can do it.
Insurance providers provide the lowest rates for the right customer that will generate a profit. One example of a desirable risk might have to be over the age of 45, carries high limits, and drives less than 5,000 miles a year. Someone who fits that profile will qualify for the lowest car insurance rates in Denver and most likely will save when switching.
People who are not a match for the requirements will be charged more expensive rates which results in business going elsewhere. The ad wording is “people that switch” not “everyone who quotes” save that kind of money. That is how companies can state the savings. Because each company has a different risk profile, you absolutely need to compare price quotes frequently. It’s not possible to predict which auto insurance company will have the best prices at this point in time.
Car insurance 101
Having a good grasp of a auto insurance policy can be of help when determining the best coverages and proper limits and deductibles. Auto insurance terms can be confusing and nobody wants to actually read their policy.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses such as funeral costs, chiropractic care, EMT expenses, ambulance fees and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage
Uninsured or underinsured coverage
Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as your vehicle’s damage.
Since many Colorado drivers have only the minimum liability required by law (which is 25/50/15), their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.
This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive can pay for things such as hail damage, hitting a bird and falling objects. The most you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability insurance will cover damage or injury you incur to other’s property or people by causing an accident. It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/15 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and $15,000 of coverage for damaged property.
Liability can pay for things like emergency aid, medical services, repair bills for other people’s vehicles, funeral expenses and legal defense fees. How much liability coverage do you need? That is up to you, but you should buy as high a limit as you can afford. Colorado state minimum liability requirements are 25/50/15 but it’s recommended drivers buy more liability than the minimum.
This coverage covers damage to your BRZ resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like scraping a guard rail, colliding with another moving vehicle, backing into a parked car and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible on your BRZ in order to get cheaper collision rates.
Cheaper auto insurance is out there
As you go through the steps to switch your coverage, do not buy poor coverage just to save money. There are many occasions where an insured dropped uninsured motorist or liability limits and discovered at claim time that the small savings ended up costing them much more. Your goal is to buy the best coverage you can find at the best cost while not skimping on critical coverages.
Low-cost Subaru BRZ insurance in Denver can be purchased both online and from local agencies, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who may not offer the ability to get quotes online and most of the time these regional carriers provide coverage only through local independent agencies.
People who switch companies do it for a number of reasons such as lack of trust in their agent, not issuing a premium refund, extreme rates for teen drivers and denial of a claim. No matter why you want to switch, finding a new company is easier than you think.
Additional detailed information can be read by following these links:
- Teen Driving Statistics (iihs.org)
- Who Has Cheap Car Insurance Rates for Drivers Over Age 60 in Denver? (FAQ)
- How Much is Car Insurance for College Students in Denver? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Drivers Over Age 50 in Denver? (FAQ)
- Who Has the Cheapest Car Insurance for Uninsured Drivers in Denver? (FAQ)
- How to shop for a safer car (Insurance Institute for Highway Safety)
- Understanding Car Crashes Video (iihs.org)
- How Much Auto Coverage do I Need? (Insurance Information Institute)