How many years has it been since you compared the cheapest Subaru Tribeca insurance in Denver? Are you at wits end from scraping the payment together each month for auto insurance? Your situation is no different than many other drivers in Colorado.
Inconceivable but true, about 70% of customers have stayed with the same insurance company for at least four years, and nearly 40% of drivers have never shopped around. Most drivers in Colorado could save approximately $605 every year just by comparing rates, but they just don’t understand how easy it is to compare rate quotes. Numerous auto insurance companies battle for your business, and it can be difficult to compare rates to discover the definitive best rates possible on Subaru Tribeca insurance in Denver.
If you have insurance now or are shopping for new coverage, use these tips to get lower rates without reducing protection. Buying the cheapest car insurance in Denver can initially seem challenging. Smart buyers just have to learn the fastest way to get comparison quotes from many different companies online.
Car insurance providers offering competitive price quotes in Colorado
The companies shown below provide price comparisons in Colorado. If multiple companies are listed, we suggest you compare several of them in order to find the lowest rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Tribeca 3.6R Limited||$330||$630||$358||$22||$108||$1,448||$121|
|Tribeca 3.6R Premium||$264||$556||$396||$24||$118||$1,358||$113|
|Tribeca 3.6R Touring||$266||$492||$456||$28||$136||$1,378||$115|
|Get Your Own Custom Quote Go|
Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Price information does not factor in your specific Denver location which can alter rates significantly.
Cost comparison with and without full coverage
The chart below examines Subaru Tribeca car insurance costs with full coverage and liability only. The data assumes no claims or driving citations, $500 deductibles, single male driver, and no additional discounts are factored in.
When to drop comprehensive and collision
There is no set guideline that works best for making the decision to drop physical damage coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than around 10% of any settlement you would receive from your insurance company, the it may be a good time to stop paying for full coverage.
For example, let’s say your Subaru Tribeca settlement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled in an accident, you would only receive $8,000 after paying your policy deductible. If you are currently paying more than $800 annually for your policy with full coverage, then you might want to think about dropping full coverage.
There are a few cases where only buying liability is not in your best interest. If you still owe a portion of the original loan, you have to maintain full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is totaled, you should not remove full coverage.
Car insurance policy discounts you can’t miss
Some insurers don’t list every discount in a way that’s easy to find, so the list below gives a summary of a few of the more well known and the more hidden discounts that you may qualify for. If you’re not getting every credit available, you are not getting the best rate possible.
- Clubs and Organizations – Having an affiliation with specific professional or occupational memberships or organizations could earn you a nice discount when shopping for car insurance.
- Save with a New Car – Buying insurance coverage on a new vehicle can save up to 30% compared to insuring an older model.
- No Claim Discounts – Insureds with no claims or accidents are rewarded with significantly better rates on Denver auto insurance quote in comparison with accident-prone drivers.
- Denver Homeowners Pay Less – Just owning your own home can get you a discount because of the fact that having a home is proof that your finances are in order.
- Low Mileage Discounts – Low annual miles may allow you to get lower rates due to less chance of an accident.
- Switch and Save Discount – A few larger companies offer discounts for signing up prior to your current Tribeca insurance policy expiration. Ten percent is about the average savings.
- Save over 55 – Older drivers may qualify for lower premium rates.
It’s important to note that many deductions do not apply to all coverage premiums. Most only reduce individual premiums such as liability and collision coverage. Even though the math looks like all the discounts add up to a free policy, it just doesn’t work that way.
Car insurance companies that may include these benefits include:
If you are trying to find inexpensive Denver auto insurance quotes, ask every prospective company how you can save money. Discounts might not be offered on policies in your area. To see car insurance companies that provide some of the discounts listed above in Denver, click here.
Compare prices but still have a neighborhood Denver auto insurance agent
A lot of people just prefer to buy from a licensed agent and doing so can bring peace of mind Good agents are trained to spot inefficiencies and help in the event of a claim. The best thing about getting free rate quotes online is the fact that you can find lower rates but still work with a licensed agent. And providing support for local agencies is definitely important in Denver.
Once you complete this quick form, your insurance data is submitted to agents in your area who can give free rate quotes for your coverage. You won’t need to drive around as quotes are delivered straight to your inbox. If you have a need to get a price quote from a specific insurance company, feel free to jump over to their website to submit a rate quote request.
Not all car insurance agents are the same
If you want to buy insurance from a local Denver insurance agent, it helps to know the two different types of agencies and how they can service your needs differently. Insurance agencies can be described as either independent or exclusive. Either type can sell and service insurance coverage, but it’s a good idea to understand how they are different since it may influence the type of agent you choose.
Independent Insurance Agents
Agents of this type often have many company appointments so they can insure your vehicles amongst many companies and find the cheapest rate. If they find a cheaper price, the agent simply finds a different carrier and you don’t have to switch agencies.
When comparing insurance rates, it’s a good idea to include rate quotes from several independent insurance agents so that you have a good selection of quotes to compare.
Below is a list of independent insurance agencies in Denver that may be able to provide price quote information.
57 W Alameda Ave – Denver, CO 80223 – (303) 722-2841 – View Map
Gonzalez Insurance Agency
6450 E Colfax Ave – Denver, CO 80220 – (303) 320-4901 – View Map
Exclusive Insurance Agents
Agents that choose to be exclusive have only one company to place business with like State Farm, Allstate, and Farm Bureau. They generally cannot place coverage with different providers so they are skilled at selling on more than just price. These agents are well trained on sales techniques which helps offset the inability to provide other markets.
The following are exclusive agencies in Denver that can give you price quote information.
Tammy Hill – State Farm Insurance Agent
4650 Tower Rd Unit 101 – Denver, CO 80249 – (303) 373-9500 – View Map
Selecting a car insurance agent should depend on more than just a cheap quote. Here are some questions to ask:
- In the event of vehicle damage, can you pick the collision repair facility?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- What is their Better Business Bureau rating?
- Is assistance available after office hours?
- Does their agency support local causes in Denver?
- Are they full-time agents?
- Do they feel the quoted coverages are adequate?
- By raising physical damage deductibles, how much would you save?
Insurance advertising tricks
Consumers in Colorado can’t avoid all the ads that claim the lowest prices from the likes of Progressive, GEICO, Allstate and State Farm. All the ads have a common claim that you’ll save big just by moving your coverage.
How does every company offer you a better deal on Subaru Tribeca insurance in Denver? It’s all in the numbers.
All the different companies have a certain “appetite” for the type of customer they prefer to insure. An example of a profitable insured might be between 25 and 40, has never had a claim, and insures a new vehicle. A customer that hits that “sweet spot” will most likely get cheap auto insurance rates and most likely will save when they switch companies.
Drivers who fall short of these stringent criteria will probably be forced to pay a more expensive rate and this results in the customer not purchasing. The ads state “drivers that switch” not “everyone who quotes” will save that much if they switch. That’s why companies can truthfully claim big savings.
Because of the profiling, you should get as many free Denver auto insurance quotes as possible. It’s not possible to predict which insurance companies will fit your personal profile best.
Information about specific coverages
Understanding the coverages of your policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverage types found on the average insurance policy.
Comprehensive (Other than Collision) – Comprehensive insurance covers damage that is not covered by collision coverage. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims such as rock chips in glass, vandalism, a tree branch falling on your vehicle and hail damage. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Collision – This covers damage to your Tribeca from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for claims such as backing into a parked car, hitting a mailbox and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible on your Tribeca to bring the cost down.
Liability auto insurance – Liability insurance protects you from injuries or damage you cause to other people or property that is your fault. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 25/50/15 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $15,000 paid for damaged property. Occasionally you may see a combined limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability insurance covers claims like attorney fees, bail bonds and pain and suffering. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford. Colorado state minimum liability requirements are 25/50/15 but you should think about purchasing more liability than the minimum.
Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Due to the fact that many Colorado drivers have only the minimum liability required by law (25/50/15 in Colorado), it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.
Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for expenses such as prosthetic devices, nursing services, funeral costs and doctor visits. The coverages can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible
Cover all your bases
As you prepare to switch companies, you should never buy poor coverage just to save money. In many instances, consumers will sacrifice uninsured motorist or liability limits and learned later they didn’t purchase enough coverage. Your goal is to buy enough coverage at a price you can afford, but do not sacrifice coverage to save money.
In this article, we presented a lot of information how to get a better price on Subaru Tribeca insurance in Denver. The key thing to remember is the more times you quote, the higher the chance of saving money. You may even discover the lowest priced car insurance comes from a small local company. They can often provide lower rates in certain areas than the large multi-state companies such as Allstate and Progressive.
Lower-priced Subaru Tribeca insurance in Denver can be sourced online and from local agencies, so you should compare both so you have a total pricing picture. Some companies do not provide rate quotes online and these smaller companies work with independent insurance agencies.
More detailed car insurance information is located in the articles below:
- Rollover Crash FAQ (iihs.org)
- How Much are Auto Insurance Quotes for a Learners Permit in Denver? (FAQ)
- What Car Insurance is Cheapest for a Hyundai Elantra in Denver? (FAQ)
- Safety Features for Your New Car (State Farm)
- Learn About Car Insurance (GEICO)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)