Save Money on Dodge Caliber Insurance in Denver

Do you need a fast way to compare more affordable Dodge Caliber insurance in Denver? I doubt anyone likes having to buy car insurance, especially when the cost is way too high.

Amazlingly, a recent NerdWallet.com study showed that almost 70% of insureds in Colorado kept buying from the same company for over three years, and nearly half have never compared quotes from other companies. American drivers can cut their rates by $860 a year just by comparing rates, but they feel it’s too difficult to find cheaper car insurance rates.

Multiple auto insurance companies compete for your insurance dollar, so it’s not easy to compare every insurer to find the absolute lowest rate on Dodge Caliber insurance in Denver.

If you are paying for car insurance now, you should be able to find better prices using the ideas covered in this article. Finding the cheapest car insurance coverage in Denver is not rocket science. But Colorado vehicle owners benefit from understanding the way insurance companies calculate their prices because it can help you find the best coverage.

Don’t overlook these Dodge Caliber insurance discounts

Companies offering auto insurance don’t always publicize the complete list of policy discounts in a way that’s easy to find, so the list below contains a few of the more well known as well as the least known discounts that you may qualify for. If you aren’t receiving every discount possible, you could be paying more than you need to.

• Defensive Driving Course – Taking part in a course that instructs on driving safety can save you 5% or more and also improve your driving technique.
• Full Payment Discount – By paying your entire bill at once rather than paying monthly you could save up to 5%.
• Student Discounts – This discount can earn a discount of 20% or more. Many companies even apply the discount to college students up until you turn 25.
• Discount for Low Mileage – Keeping the miles down on your Dodge could be rewarded with discounted auto insurance rates on garaged vehicles.
• Multiple Policy Discount – When you combine your home and auto insurance and insure them with the same company they may give you a discount of 10% to 20% off each policy.
• Seat Belt Usage – Drivers who require all vehicle occupants to use a seat belt can save up to 15% on medical payment and PIP coverage.
• One Accident Forgiven – This one is not really a discount per se, but a few companies such as Allstate, Progressive, and GEICO will allow you to have one accident without getting socked with a rate hike with the catch being you have to be claim-free prior to the accident.
• Multiple Cars – Having multiple cars or trucks with the same company can get a discount for every vehicle.
• New Vehicle Savings – Buying a new car instead of a used Caliber can get you a discount compared to insuring an older model.

A little note about advertised discounts, most discount credits are not given to the entire policy premium. Some only apply to specific coverage prices like collision or personal injury protection. Despite the fact that it seems like all those discounts means the company will pay you, company stockholders wouldn’t be very happy.

A few of the larger companies and their offered discounts are detailed below.

• Farm Bureau offers premium reductions for renewal discount, multi-policy, multi-vehicle, safe driver, youthful driver, 55 and retired, and good student.
• State Farm offers discounts including Steer Clear safe driver discount, defensive driving training, accident-free, multiple autos, anti-theft, driver’s education, and good driver.
• Progressive includes discounts for online quote discount, multi-vehicle, online signing, multi-policy, good student, and homeowner.
• Allstate has savings for eSmart discount, premier plus, anti-lock brakes, good student, and teenSMART discount.
• Nationwide has discounts for good student, Farm Bureau membership, anti-theft, easy pay, multi-policy, defensive driving, and business or organization.
• MetLife offers discounts for good driver, accident-free, claim-free, defensive driver, and good student.

If you need lower rates, check with all the companies which discounts you may be entitled to. Discounts might not apply in Denver. To view insurers that provide some of the discounts listed above in Colorado, click this link.

Which Dodge Caliber insurance is cheapest in Denver, CO?

When price shopping your coverage, comparing all the rates in your area gives you a better chance of getting lower pricing. Some regional insurers cannot provide online rate quotes, so you should also compare price estimates from them, too.

The companies in the list below can provide comparison quotes in Denver, CO. If the list has multiple companies, it’s a good idea that you get prices from several of them to get the best price comparison.

Data rating is based on single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Rates do not factor in garaging location in Denver which can change premium rates substantially.

Physical damage deductibles

The example below shows how different deductible levels and can increase or decrease Dodge Caliber insurance rates for different age categories. The premiums are based on a single female driver, full coverage, and no discounts are applied to the premium.

Policy deductible comparison

One of the hardest decisions when shopping for car insurance is at what level do you set your deductibles. The data tables below can help illustrate the rate fluctuation when you buy lower versus higher policy deductibles. The first price estimate table uses a $250 comprehensive and collision deductible and the second set of prices uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Price information does not factor in your specific Denver location which can modify premium rates considerably.

We can estimate from the data above that using a $250 deductible costs about $13 more each month or $156 annually than opting for the higher $500 deductible. Since you would pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you average more than 19 months between claims, you would come out ahead by selecting a higher deductible.

Comparison of full coverage and liability-only policies

The information below examines Dodge Caliber premium costs with and without full coverage. The premiums are based on no claims or violations, $250 deductibles, single female driver, and no other discounts are factored in.

When to drop comprehensive and collision coverage

There is no clear-cut formula that works best for making the decision to drop full coverage, but there is a guideline you can use. If the yearly cost of comp and collision coverage is 10% or more of any settlement you would receive from your insurance company, then you may need to consider dropping full coverage.

For example, let’s say your Dodge Caliber settlement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, you would only receive $8,000 after paying your deductible. If you are paying in excess of $800 a year for full coverage, then it could be time to drop full coverage.

There are some scenarios where eliminating full coverage is not financially feasible. If you haven’t paid off your loan, you must maintain physical damage coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not eliminate full coverage.

Auto insurance agents near you

A small number of people would prefer to sit down and talk to an agent and doing so can bring peace of mind A good thing about comparing rate quotes online is the fact that you can find lower premium rates and still buy from a local agent. Buying insurance from local agencies is definitely important in Denver.

Once you complete this quick form, the coverage information gets sent to local insurance agents that can give you free Denver auto insurance quotes for your coverage. You won’t even need to find an agent on your own due to the fact that quote results will go instantly to you. Get lower rates and a licensed agent to talk to. If you need to quote rates for a specific company, just go to their quote page and submit a quote form there.

Shown below are agents in Denver that are able to give price quote information for Dodge Caliber insurance in Denver.

View more agents

Deciding on an insurer should depend on more than just the premium amount. Get answers to these questions too.

• Will you get a loaner vehicle if you car is being repaired?
• How long has the business existed?
• Does the agent help file claims?
• Do they have any clout with companies to ensure a fair claim settlement?
• Do they have designations such as AIC, CPCU, or CIC?
• Is there a local claims center in Denver?
• Did they already check your driving record and credit reports?
• Do they have cheaper tiers of coverage?

Find cheap rates by being thorough

Some insurance providers do not provide online price quotes and these small insurance companies prefer to sell through independent agencies. Budget-friendly car insurance in Denver is definitely available on the web and from local insurance agents, and you need to price shop both to have the best chance of lowering rates.

When buying insurance coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice comprehensive coverage or liability limits only to discover later that it was a big error on their part. Your strategy should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

More information is available at the links below

• Steps to Take After an Auto Accident (Insurance Information Institute)
• How Much are Denver Car Insurance Quotes for a Toyota Tacoma? (FAQ)
• Parking Tips to Reduce Door Dings (State Farm)
• Five Mistakes to Avoid (Insurance Information Institute)
• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
• Think You’re a Safe Driver? (State Farm)