Best Car Insurance in Colorado at 2017

Colorado’s middle-of-the-road auto insurance regulations create a decent amount of competition among insurers — competition that drives the state’s average monthly premium to $100, which is $30 cheaper than the national median. Don’t think you have to settle for average, though. My research shows that you can knock hundreds off your rate simply by comparison shopping

Every company has its own methodology for determining your risk level, which is based on factors such as age, gender, marital status, location, driving record, et cetera. What’s more, not all companies assess risk in the same way. All that’s to say you can’t assume you’ll get the same rates that I did — you’re going to have to go through the quote process yourself. It’s best to do as many as you can stomach, but at least do five.

After comparing car insurance quotes from five different providers, I discovered that The Hartford was my cheapest option at $363 a year. Before you get too excited and think that you can shortcut the quote process, understand that, while The Hartford was cheapest for me, it may not be the least expensive for you.

In general, a quote can be as easy as spending 10 minutes of your time clicking through an online form as long as you are properly prepared with the necessary information. Of course you will need to have easy access to your basic personal information (date of birth, address, ZIP code, marital status), but you will also need access to information about your car. The easiest way I’ve found is to copy down your VIN, but if you don’t have that handy, then you will need the model, make, year, and body style of your vehicle. It’s also important to know which coverage you want from the get-go, and I seriously recommend going bigger than the state minimums.

Our Top 5 Picks for the Best Car Insurance in Colorado
I began my search for the best car insurance by getting five quotes from the most trusted and highly rated insurance companies in Colorado.

Insurer	My quote
The Hartford	$363
American Family Insurance	$549
GEICO	$472
State Farm	$484
Liberty Mutual	$848

I looked at two different criteria when choosing these companies: customer service and financial stability. I started by finding those with the highest J.D. Power ratings in my area (J.D. Power is world-wide leader in customer satisfaction reports). Then I checked the finalists against the financial solvency ratings provided by A.M. Best. In the event of an accident, I need to be able to depend on excellent customer service from a company that would be capable of fulfilling their financial responsibilities to me. So between those two criteria, my bases are covered.

What I discovered was sometimes the company that’s easiest to get a quote from is not always the company that will provide you with cheap car insurance. The Hartford was the only company that required me to get a quote from a representative over the phone, but they ended up offering me a deal that was more than $100 dollars cheaper than the next cheapest company, American Family Insurance. (Other than having to use my phone to get a quote rather than getting one online, my experience with The Hartford was just fine.)

GEICO and State Farm were both within $20 dollars of each other and were very easy to get a quote from; they both gave me a quote in the $375 range per year. Liberty Mutual was a shocker as they quoted me a whopping $848 for the same basic insurance as everyone else! It’s worth noting that American Family Insurance was quite a bit more expensive because it required me to select uninsured motorist coverage. So, if you’re looking for a bit more than low-end coverage, American Family could wind up giving you a more competitive price than it gave me — you won’t know until you get the quote.

article source : https://www.thesimpledollar.com/best-car-insurance-in-colorado/

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