Trying to find cheap Lexus NX 200t insurance in Denver may be kind of frustrating for people who are beginners to online price comparisons. With a ridiculous number of online companies, it can easily become a real hassle to find the perfect company for you.
A recent NerdWallet.com study revealed that the vast majority of insurance customers have stayed with the same insurance company for well over three years, and practically 40% of insurance customers have never even compared quotes to find cheaper rates. Colorado insurance shoppers can save hundreds of dollars each year by just shopping around, but they assume it’s a waste of time to compare rate quotes online.
Best companies for cheap Lexus NX 200t insurance in Colorado
The following companies are ready to provide free quotes in Colorado. If more than one company is shown, we suggest you compare several of them in order to find the most competitive rates.
Get cheaper Lexus NX 200t insurance rates in Denver
Car insurance companies don’t necessarily list all discounts in an easy-to-find place, so we break down both the well known as well as the least known credits available to bring down your rates.
- Buy New and Save – Buying a new car model is cheaper because new model year vehicles have to meet stringent safety requirements.
- Anti-lock Brakes – Cars, trucks, and SUVs that have steering control and anti-lock brakes are much safer to drive and the ABS can save up to 10%.
- Military Deployment Discount – Having a family member in the military can result in better prices.
- Passenger Safety Discount – Options like air bags may earn rate discounts up to 30%.
- Memberships – Being in a qualifying organization can get you a small discount on your bill.
- Good Grades Discount – Being a good student can earn a discount of 20% or more. The good student discount can last until age 25.
You can save money using discounts, but most discounts do not apply to the overall cost of the policy. Most only reduce specific coverage prices like liability, collision or medical payments. Even though the math looks like all the discounts add up to a free policy, insurance companies aren’t that generous.
Insurance companies that may include these money-saving discounts include:
When getting free Denver auto insurance quotes, it’s a good idea to every company which discounts they offer. Some discounts listed above may not apply to policyholders in Denver. To choose insurance companies that offer the discounts shown above in Colorado, click here.
When should I have guidance from an insurance agency?
Certain consumers just prefer to go talk to an agent and that is not a bad decision One of the best bonuses of comparing insurance prices online is that you can obtain cheap rate quotes and still buy from a local agent. Buying from and supporting local insurance agencies is especially important in Denver.
After filling out this short form, your insurance coverage information is emailed to participating agents in Denver who want to provide quotes for your insurance coverage. It simplifies rate comparisons since you won’t have to find an agent on your own due to the fact that quote results will go to you directly. You can find the lowest rates without a big time investment. If you have a need to get a comparison quote from a specific company, you just need to find their quoting web page and fill out their quote form.
When searching for a reputable agency, you should know the types of agencies and how they can quote your rates. Insurance agents in Denver can be described as either independent (non-exclusive) or exclusive.
Independent Insurance Agencies or Brokers
These type of agents do not have single company limitations so they can write business through many different insurance companies and find you the best rates. If your agent finds better pricing, the business is moved internally and you don’t have to switch agencies.
If you need cheaper insurance rates, you will definitely want to compare quotes from several independent agencies to get the most accurate price comparison. Most can insure with small mutual carriers that may provide cheaper insurance rates.
Featured below are Denver independent insurance agencies who may provide pricing information.
- Moody Insurance Agency
8055 E Tufts Ave #1000 – Denver, CO 80237 – (303) 824-6600 – View Map
- Gonzalez Insurance Agency
6450 E Colfax Ave – Denver, CO 80220 – (303) 320-4901 – View Map
- Madison Insurance Group
600 S Cherry St #900 – Denver, CO 80246 – (800) 636-6185 – View Map
Exclusive Insurance Agencies
Exclusive agencies normally can only provide a single company’s rates like State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot provide rate quotes from other companies so always compare other rates. They are usually well trained on the products they sell which helps offset the inability to provide other markets. Many people buy insurance from these agents primarily because of the brand rather than having the cheapest rates.
Below are Denver exclusive insurance agents that are able to give price quote information.
- Jack Sunahara – State Farm Insurance Agent
3525 S Tamarac Dr #160 – Denver, CO 80237 – (303) 779-4848 – View Map
- Joe Adams – State Farm Insurance Agent
4110 8th Ave – Denver, CO 80220 – (303) 388-4949 – View Map
- Allstate Insurance: Paul Novak
3900 E Mexico Ave # 105 – Denver, CO 80210 – (303) 320-7859 – View Map
Choosing an car insurance agent requires more thought than just a low price. Get answers to these questions too.
- Will the company cover a rental car if your car is getting fixed?
- Are they primarily personal or commercial lines agents in Denver?
- Do they feel the quoted coverages are adequate?
- How are they compensated?
- Are they actively involved in the community?
- How many years have they been established?
- Which insurance company do they prefer to write with?
The ad said I’d save $437 a year!
Companies like State Farm and Allstate regularly use ads on television and other media. All the ads tend to make the same promise that you’ll save big if you get a free Denver auto insurance quote and switch your coverage. But how can every company have lower policy pricing?
Most companies have specific characteristics for the right customer that earns them the most money. A good example of a desirable risk might be described as between the ages of 30 and 50, is a homeowner, and drives less than 7,500 miles a year. Any driver that meets those criteria will probably get the lowest car insurance rates and will save a lot on Denver Lexus NX 200t insurance if they switch.
Consumers who don’t meet the requirements may be forced to pay more expensive rates which translates to the prospect going elsewhere. If you pay close attention to the ads, they say “people that switch” not “everyone who quotes” save money. That is how insurance companies can confidently state the savings.
Because of the profiling, it is so important to compare price quotes frequently. It is impossible to guess the company that will have the lowest Lexus NX 200t insurance in Denver.
Keep this in mind when shopping around
When trying to cut insurance costs, make sure you don’t skimp on critical coverages to save a buck or two. In many cases, consumers will sacrifice liability coverage limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to find the BEST coverage at an affordable rate but still have enough coverage for asset protection.
Consumers who switch companies do it for any number of reasons including an unsatisfactory settlement offer, extreme rates for teen drivers, lack of trust in their agent and high rates after DUI convictions. Regardless of your reason, finding the right auto insurance provider is actually quite simple.
You just learned a lot of tips how to reduce Lexus NX 200t insurance car insurance rates online in Denver. It’s most important to understand that the more providers you compare, the better chance you’ll have of finding inexpensive Denver auto insurance quotes. You may even be surprised to find that the lowest car insurance rates come from some of the smallest insurance companies.
Much more information about auto insurance in Colorado is located below:
- Car Insurance FAQ (Trusted Choice)
- What Auto Insurance is Cheapest for Drivers with Accidents in Denver? (FAQ)
- What Auto Insurance is Cheapest for Low Income Drivers in Denver? (FAQ)
- Help Your Teen Be a Better Driver (State Farm)
- Teen Driving Statistics (GEICO)