Car Insurance Rates for a Saturn VUE in Denver

Having to pay for overpriced Saturn VUE insurance in Denver can empty your funds and force you to make sacrifices. Comparing rates annually is a smart way to tighten up your finances.

Unimaginable but true, a large majority of drivers in Colorado have remained with the same auto insurance company for over three years, and roughly 40% of drivers have never compared rates to find affordable insurance. Drivers in the United States could cut their rates by approximately 47% a year just by shopping around, but they just assume it’s a time-consuming process to compare rates.

Companies like Progressive, State Farm and GEICO promote their brand names with ad campaigns and it is difficult to see past the corporate glitz and find the best price available.

Consumers need to quote other rates quite often because auto insurance prices are rarely the same from one policy term to another. Even if you got the lowest quotes on Saturn VUE insurance in Denver two years ago you may be paying too much now. Forget all the misinformation about auto insurance because it’s time to teach you how to use online quotes to find better rates and still maintain coverage.

Discounts can help save money on Saturn VUE insurance in Denver

Companies that sell car insurance don’t always list every available discount in an easy-to-find place, so below is a list both well-publicized as well as some of the hidden credits available to lower your premiums when you buy Denver car insurance online.

• Auto/Life Discount – Some insurance carriers give lower rates if you buy some life insurance in addition to your auto policy.
• Discount for Low Mileage – Low mileage vehicles can qualify you for slightly better prices than normal.
• No Accidents – Insureds with no claims or accidents can save substantially in comparison with drivers who are more careless.
• Defensive Driver Discount – Taking time to complete a course that instructs on driving safety could possibly earn you a 5% discount depending on where you live.
• Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you can avoid the installment charge.
• Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class as it will make them better drivers and lower rates.
• New Vehicle Savings – Insuring a new VUE can be considerably cheaper since new model year vehicles have better safety ratings.

You should keep in mind that most discount credits are not given to the entire cost. A few only apply to the price of certain insurance coverages like liability and collision coverage. Despite the appearance that all the discounts add up to a free policy, that’s just not realistic.

A few companies that possibly offer these benefits include:

• State Farm
• Farmers Insurance
• Progressive
• GEICO
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

If you need lower rates, check with every insurance company which discounts you qualify for. Depending on the company, some discounts might not be offered on policies in Denver.

Just remember that comparing more rates from different companies provides better odds of finding a lower rate than you’re paying now. Not every company provides Denver VUE insurance quotes online, so you need to compare rates from them as well.

The companies in the list below provide free rate quotes in Denver, CO. If several companies are displayed, we recommend you visit several of them to get the best price comparison.

Table data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Rate information does not factor in specific zip code location which can change rates greatly.

Cost difference between full coverage and liability

The example below illustrates the difference between Saturn VUE auto insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. Data assumes no claims or driving violations, $500 deductibles, single male driver, and no discounts are applied.

Should you be buying full coverage?

There is no exact rule to stop buying physical damage coverage on your policy, but there is a general guideline. If the annual cost of coverage is 10% or more of replacement cost minus your deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Saturn VUE claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $4,000 after paying your policy deductible. If it’s costing you more than $400 annually to have full coverage, then you may want to consider only buying liability coverage.

There are some scenarios where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you have to keep full coverage to satisfy the loan requirements. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should keep full coverage on your policy.

Physical damage deductibles

When shopping for car insurance, a common question is what deductibles to buy. The comparisons below may help to conceptualize the differences in premium rates when you choose different coverage deductibles. The first rate comparisons uses a $100 physical damage deductible and the second pricing table uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, multi-policy, claim-free, safe-driver, and homeowner. Premium amounts do not factor in specific garaging location which can influence insurance rates greatly.

We can estimate from the data above that using a $100 deductible could cost the average driver approximately $36 more each month or $432 every year than requesting the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 25 months between claim filings, you would probably come out ahead if you decide on a higher deductible.

An important sidenote is that increasing deductibles to lower your rates means you pay more out-of-pocket at claim time. You will want to have some non-essential savings in the event you need to pay the deductible.

Saturn VUE Insurance Costs Can Be Reduced

Many different elements are taken into consideration when premium rates are determined. A few of the factors are predictable such as traffic violations, although some other factors are more transparent such as whether you are married or your vehicle rating.

Are you male or female? – Statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that women are BETTER drivers than men. Both genders tend to get into at-fault accidents at about the same rate, but the males cause more damage and cost insurance companies more money. Men also statistically receive more costly citations like DUI and reckless driving. Youthful male drivers are the most expensive to insure so it costs more to insure them.

Buy a safe car and pay less – Vehicles with high crash test scores are cheaper to insure. Safe vehicles reduce the chance of injuries and fewer injuries means lower claim amounts which can result in lower premiums. If your Saturn VUE has at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may cost less to insure.

More traffic means higher claims – Having an address in less populated areas is a good thing when insuring your vehicles. Drivers who live in large cities tend to have more auto accidents and a longer drive to work. Less people translates into fewer accidents in addition to lower liability claims

Never let your policy lapse – Driving your car without having proper coverage is a misdemeanor and you will pay a penalty because you let your coverage have a gap. And not only will your rates increase, failure to provide proof of insurance could earn you a hefty fine and possibly a revoked license. You may then be required to provide proof of insurance in the form of an SR-22 filing with the Colorado DMV.

Multiple policies with one company – Most companies provide lower prices to clients who consolidate policies with them in the form of a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even with this discount applied, it’s always a smart idea to comparison shop to guarantee you are still saving the most.

Liability coverage is critical – A critical coverage on your policy, liability insurance will afford coverage if ever a court rules you are at fault for damages from an accident. Liability provides legal defense to defend your case. Liability insurance is quite affordable when compared with rates for comp and collision, so insureds should have plenty of protection for their assets.

Commute or pleasure use – Driving a lot of miles each year the more you’ll pay to insure it. A lot of insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Vehicles not used for work or commuting cost less to insure than vehicles that have high annual mileage. It’s always a good idea to double check that your car insurance declarations sheet correctly shows the correct usage. Improper usage on your VUE can cost quite a bit.

Your job can affect rates – Jobs such as judges, air traffic controllers, and emergency personnel tend to pay higher rates than the rest of us attributed to intense work requirements and lots of time spent at work. On the other hand, careers like scientists, students and homemakers receive lower rates.

When to talk to a local insurance agent

Some people still like to talk to a local agent and doing that can be a smart decision An additional benefit of comparing car insurance online is the fact that you can find lower premium rates and still have a local agent.

After filling out this simple form, your information is emailed to local insurance agents in Denver who will gladly provide quotes for your insurance coverage. You won’t need to leave your computer as quotes are delivered immediately to your email address. You can get cheaper car insurance rates without requiring a lot of work. If for some reason you want to compare prices from a specific company, you would need to navigate to their website to submit a rate quote request.

Picking the best insurer requires more thought than just a cheap price quote. These are some questions you should get answers to.

• Does the agent have a valid license to sell insurance in Colorado?
• Will they make sure you get an adequate claim settlement?
• Are they primarily personal or commercial lines agents in Denver?
• Do clients work directly with the agent or are most inquiries handled by a CSR?
• Do you need full coverage on every vehicle?

Two different types of car insurance agents

When finding local Denver agents, there are two types of insurance agents to choose from. Agencies in Denver are considered either independent agents or exclusive agents.

Exclusive Agencies

Agents of this type can only provide one company’s prices such as AAA, Allstate, State Farm, or Farmers Insurance. These agents are unable to compare rates from other companies so always compare other rates. They receive a lot of sales training on their products and sales techniques which aids in selling service over price.

Listed below are exclusive insurance agents in Denver who can help you get price quotes.

View more Denver agents

Independent Agencies or Brokers

Agents that elect to be independent are not required to write business for one company and that enables them to quote your coverage with any number of different companies and find you the best rates. If they quote lower rates, your agent can switch companies and you don’t have to switch agencies.

When shopping rates, you definitely need to contact a few independent agents in order to compare the most rates.

Listed below are Denver independent agencies who can help you get rate quotes.

View more Denver agents

After you get positive feedback for all questions you ask and locked in a price quote, it’s a good possibility that you have found an insurance agent that can be trusted to service your policy. Just keep in mind consumers can terminate coverage when you choose so never feel that you’re stuck with your new company with no way out.

Insuring your Saturn vehicle just makes sense

Even though Denver VUE insurance rates can get expensive, buying car insurance is not optional due to several reasons.

• The majority of states have minimum liability requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage in order to get the vehicle licensed. 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 loan on your Saturn VUE, almost all lenders will require you to have full coverage to ensure loan repayment if the vehicle is totalled. If you cancel or allow the policy to lapse, the lender may insure your Saturn at a much higher rate and make you pay a much higher amount than you were paying before.
• Insurance safeguards both your car and your personal assets. It also can pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance also covers legal expenses in the event you are sued. If your vehicle suffers damage from an accident or hail, your policy will pay all costs to repair after the deductible has been paid.

The benefits of having insurance are without a doubt worth the cost, particularly for liability claims. According to a recent study, the average American driver is overpaying over $865 each year so you should quote your policy with other companies at every policy renewal to ensure rates are competitive.

Cheaper insurance premiums are possible

As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. In too many instances, someone sacrificed full coverage only to discover later they didn’t have enough coverage. Your strategy should be to get the best coverage possible at the best cost.

Budget-conscious Saturn VUE insurance can be purchased both online and also from your neighborhood Denver agents, and you should compare rates from both in order to have the best price selection to choose from. Some insurance companies may not provide rate quotes online and these regional carriers work with independent agencies.

Helpful articles

• State Laws for Cellphones and Texting (iihs.org)
• Who Has Cheap Auto Insurance for a Company Car in Denver? (FAQ)
• How Much is Auto Insurance for Ride Shares in Denver? (FAQ)
• How Much are Auto Insurance Quotes for Good Students in Denver? (FAQ)
• Who Has the Cheapest Denver Car Insurance Rates for Drivers with a DUI? (FAQ)
• Who Has the Cheapest Car Insurance Quotes for Teenagers in Denver? (FAQ)
• Who Has Cheap Car Insurance Rates for a Chevrolet Silverado in Denver? (FAQ)
• Vehicle Safety Ratings (iihs.org)
• Teen Driver Statistics (Insurance Information Institute)
• Drunk Driving Statistics (Insurance Information Institute)