Best Rate Quotes for Chevy Colorado Insurance in Dallas

Discount Chevy Colorado insuranceThe preferred way to save money on Chevy Colorado insurance in Dallas is to start comparing rates regularly from providers in Texas. This can be done by completing these steps.

Step 1: Read and learn about how companies price auto insurance and the steps you can take to prevent rate increases. Many rating factors that increase rates like traffic citations, accidents, and a low credit score can be amended by improving your driving habits or financial responsibility.

Step 2: Compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only quote rates from a single company like GEICO or Farmers Insurance, while independent agencies can quote prices from multiple companies. View a list of agents

Step 3: Compare the new rate quotes to your current policy premium and see if there is a cheaper rate in Dallas. If you can save money, make sure there is no coverage gap between policies.

Step 4: Provide proper notification to your current company of your decision to cancel your existing policy. Submit any necessary down payment along with the completed application for the new coverage. As soon as you receive it, place the new certificate of insurance in your vehicle.

A valuable tip to remember is to make sure you’re comparing the same physical damage deductibles and liability limits on each quote and and to get rate quotes from as many different insurance providers as possible. This helps ensure a level playing field and the best price selection.

A recent insurance study revealed that the vast majority of consumers in Texas have been with the same company for at least the last four years, and nearly the majority have never compared rates from other carriers. U.S. drivers can save about $860 each year by just comparing rate quotes, but most just don’t grasp the benefits if they switched to a more affordable policy.

The goal of this article is to teach you a little about the best way to buy inexpensive car insurance and some money-saving tips. If you already have coverage, you will most likely be able to lower your rates using the following tips. Consumers just need to understand the most efficient way to get comparison quotes from multiple carriers.

Why Smart Buyers Pay Less for Chevy Colorado Insurance

When buying insurance it’s important to understand some of the factors that go into determining the price you pay for insurance. If you know what influences your rates, this enables you to make decisions that may reward you with cheaper rates. Lots of things are used in the calculation when quoting car insurance. Most are fairly basic such as your driving history, although others are not as apparent such as whether you are married or your financial responsibility.

All the larger auto insurance companies allow you to get coverage price quotes on their websites. Obtaining pricing for Chevy Colorado insurance in Dallas is pretty easy as all you need to do is type in the amount of coverage you want into the quote form. When the form is submitted, their quoting system makes automated requests for credit information and your driving record and returns a price quote determined by many factors. This makes it easy to compare insurance prices and it’s very important to compare as many rates as possible if you want to find the best rate possible.

If you want to get comparison pricing now, compare quotes from the companies shown below. If you have coverage now, it’s recommended you replicate coverages and limits as shown on your current policy. Doing this assures you will get rate comparison quotes using the same coverage and limits.

The companies shown below are our best choices to provide free rate quotes in Dallas, TX. If more than one company is shown, we suggest you compare several of them in order to get a fair rate comparison.

Rates and data analysis

The coverage table below outlines estimates of insurance rates for Chevy Colorado models. Having knowledge of how insurance policy rates are determined is important to be able to make decisions on the best policy to buy.

Chevrolet Colorado Insurance Rates in Dallas, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $190 $414 $366 $22 $110 $1,102 $92
Colorado LT Extended Cab 2WD $222 $504 $366 $22 $110 $1,224 $102
Colorado LT 4WD $222 $414 $310 $18 $94 $1,058 $88
Colorado LT Crew Cab 2WD $222 $504 $366 $22 $110 $1,224 $102
Colorado LT Extended Cab 4WD $222 $414 $310 $18 $94 $1,058 $88
Colorado LT Crew Cab 4WD $256 $504 $310 $18 $94 $1,182 $99
Get Your Own Custom Quote Go

Table data assumes married male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Texas minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific location which can revise coverage prices greatly.

Insurance deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The comparisons below determine the cost difference between low and high deductibles. The first data set uses a $100 deductible and the second pricing table uses a $1,000 deductible.

Chevrolet Colorado insurance premium estimates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $244 $486 $382 $22 $114 $1,273 $106
Colorado LT Extended Cab 2WD $286 $592 $382 $22 $114 $1,421 $118
Colorado LT 4WD $286 $486 $324 $20 $96 $1,237 $103
Colorado LT Crew Cab 2WD $286 $592 $382 $22 $114 $1,421 $118
Colorado LT Extended Cab 4WD $286 $486 $324 $20 $96 $1,237 $103
Colorado LT Crew Cab 4WD $328 $592 $324 $20 $96 $1,385 $115
Get Your Own Custom Quote Go

Chevrolet Colorado insurance premium estimates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $136 $256 $382 $22 $114 $910 $76
Colorado LT Extended Cab 2WD $158 $312 $382 $22 $114 $988 $82
Colorado LT 4WD $158 $256 $324 $20 $96 $854 $71
Colorado LT Crew Cab 2WD $158 $312 $382 $22 $114 $988 $82
Colorado LT Extended Cab 4WD $158 $256 $324 $20 $96 $854 $71
Colorado LT Crew Cab 4WD $182 $312 $324 $20 $96 $934 $78
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, safe-driver, and multi-vehicle. Table data does not factor in specific garaging location which can decrease or increase insurance rates noticeably.

Using the data above, we can ascertain that using a $100 deductible costs an average of $34 more each month or $408 a year than quoting the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you average more than 26 months between claims, you would save money if you decide on a higher deductible. The illustration below shows how you can make this decision for your own policy.

Average monthly premium for $100 deductibles: $111
Average monthly premium for $1,000 deductibles (subtract): – $77
Monthly savings from raising deductible: $34
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $34
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 26 months

An important sidenote is that increasing deductibles to save money results in having to pay to pay more out-of-pocket when you file a claim. That will require enough extra money in order to pay the deductible to have repairs made.

The information below shows how different deductible levels and can impact Chevy Colorado insurance prices for each different age group. The rates are based on a married male driver, comprehensive and collision coverage, and no discounts are factored in.

Rate comparison of males versus females

The diagram below shows the comparison of Chevy Colorado auto insurance costs for male and female drivers. The premiums assume no claims or driving citations, full coverage, $500 deductibles, marital status is single, and no discounts are taken into consideration.

Should you buy full coverage?

The illustration below illustrates the comparison of Chevy Colorado premium costs with full coverage and liability only. The data assumes no tickets, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are taken into consideration.

When to stop buying physical damage coverage

There is no clear-cut rule of when to phase out full coverage on your policy, but there is a general school of thought. If the annual cost of your full coverage insurance is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.

For example, let’s pretend your Chevy Colorado claim settlement value is $6,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would receive is $5,000 after the deductible is paid. If premium cost is more than $500 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are a few cases where dropping physical damage coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should maintain full coverage.

Three good reasons to insure your Colorado

Despite the high cost, paying for car insurance serves an important purpose.

The benefits of insuring your Colorado definitely exceed the price paid, particularly if you ever have a claim. On average, a vehicle owner in Dallas is overpaying over $865 each year so you should quote your policy with other companies once a year at a minimum to ensure rates are inline.

Dallas auto insurance discounts

Not many people think insurance is cheap, but there may be some discounts to help offset the cost. Most are applied when you complete an application, but some discounts are required to be specially asked for prior to getting the savings.Save money with discounts

As a footnote on discounts, most discount credits are not given the whole policy. Some only reduce specific coverage prices like medical payments or collision. So even though you would think adding up those discounts means a free policy, you’re out of luck.

The illustration below shows the difference between Chevy Colorado car insurance rates with and without policy discounts. The prices are based on a female driver, no claims or violations, Texas state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, homeowner, claim-free, safe-driver, and multi-policy discounts applied.

A few companies that may offer quotes with some of the discounts shown above possibly include:

Before buying, ask each company what discounts are available to you. Some of the earlier mentioned discounts may not apply to policyholders in Dallas.

Insurance agencies near you

Certain consumers just want to buy from a licensed agent and doing that can be a smart decision Professional insurance agents will help you protect your assets and help in the event of a claim. One of the benefits of comparing insurance online is the fact that drivers can get better rates and also buy local. Putting coverage with neighborhood insurance agencies is still important in Dallas.

Insurance agents in DallasUpon completion of this quick form, your insurance data is instantly submitted to agents in your area who will give you quotes for your insurance coverage. You won’t need to visit any agencies because prices are sent to your email. In the event you want to compare prices from one company in particular, just find their quoting web page and submit a quote form there.

What type of Dallas car insurance agent is right for you?

If you are wanting to purchase insurance from a reputable agency, you need to know there are two types of insurance agents and how they are distinctly different. Insurance agents are classified as either independent or exclusive. Both types can sell insurance policies, but it’s good to learn the differences because it can impact your agent selection.

Independent Insurance Agents

These agents do not sell for just one brand and that enables them to quote your coverage through lots of different companies and potentially find a lower price. If you are not satisfied with one company, they simply switch companies in-house and you don’t have to do anything.

If you need cheaper insurance rates, you should always get quotes from independent agents for maximum quote selection.

Below are independent insurance agencies in Dallas that may be able to give you free insurance rate quotes.

14180 Dallas Pkwy #900Dallas, TX 75254(972) 267-8000View Map

5001 Spring Valley Rd #400eDallas, TX 75244(972) 250-1776View Map

6500 Greenville Ave #680Dallas, TX 75206(214) 823-2653View Map

More insurance agents

Exclusive Insurance Agencies

These type of agents can only quote rates from one company and some examples include American Family, State Farm, and Allstate. They usually cannot compare other company’s rates so you might not find the best rates. These agents are usually quite knowledgeable on the products they sell which helps them sell insurance even at higher premiums.

The following are Dallas exclusive insurance agencies who can help you get price quotes.

8330 Abrams Rd #104Dallas, TX 75243(214) 341-3050View Map

Mike Baker – State Farm Insurance Agent
3400 Carlisle St Ste 470Dallas, TX 75204(214) 780-0900View Map

3110 Webb Ave #205Dallas, TX 75205(972) 807-2051View Map

More insurance agents

Choosing a insurance agent should depend on more than just the quoted price. A good agent in Dallas will have answers to these questions.

When to get professional advice

When it comes to choosing a policy for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s situation is unique.Insurance savings

For example, these questions might help in determining whether you will benefit from professional help.

If it’s difficult to answer those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and may give you better protection.

Don’t give up on cheap rates

Insureds leave their current company for any number of reasons including denial of a claim, high prices, an unsatisfactory settlement offer and delays in responding to claim requests. No matter why you want to switch, finding the right auto insurance provider is less work than it seems.

Low-cost Chevy Colorado insurance in Dallas is attainable online and with local Dallas insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some auto insurance companies may not provide the ability to get quotes online and usually these smaller providers provide coverage only through independent agencies.

When trying to cut insurance costs, you should never reduce needed coverages to save money. There are too many instances where an accident victim reduced comprehensive coverage or liability limits and learned later that their decision to reduce coverage ended up costing them more. Your goal is to get the best coverage possible for the lowest cost.

Additional detailed information can be found in these articles: