Would you like to save money by finding more affordable auto insurance rates in Colorado Springs, CO? Colorado Springs consumers have lots of choices when looking for affordable Chevy HHR insurance. You can either spend your time driving around trying to get quotes or save time using the internet to find the lowest rates. There are more efficient ways to buy auto insurance so you’re going to learn the absolute fastest way to price shop coverage for your Chevy and locate the lowest possible price from both online companies and Colorado Springs agents.
It’s smart to check auto insurance prices at least once a year since prices change frequently. Even if you got the best quotes on Chevy HHR insurance in Colorado Springs six months ago other companies may now be cheaper. Forget anything you know (or think you know) about auto insurance because you’re going to learn the best way to reduce your cost while increasing coverage.
The following companies can provide free rate quotes in Colorado. If your goal is to find cheap car insurance in Colorado Springs, we recommend you visit as many as you can in order to find the most competitive rates.
Why you need to buy car insurance
Despite the high cost of buying insurance for a Chevy HHR in Colorado Springs, buying car insurance is required for several reasons.
First, most states have mandatory liability insurance requirements which means the state requires a minimum amount of liability insurance coverage if you drive a vehicle. 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.
Second, if you took out a loan on your HHR, most lenders will stipulate that you have physical damage coverage to guarantee loan repayment. If you cancel or allow the policy to lapse, the bank or lender will purchase a policy for your Chevy at a significantly higher premium and make you pay the higher premium.
Third, car insurance protects not only your car but also your assets. It will also provide coverage for all forms of medical expenses for both you and anyone you injure as the result of an accident. Liability insurance also covers legal expenses if you cause an accident and are sued. If damage is caused by hail or an accident, comprehensive and collision coverage will cover the repair costs.
The benefits of having car insurance outweigh the cost, particularly for liability claims. According to a survey of 1,000 drivers, the average driver is overpaying more than $869 every year so we recommend shopping around once a year at a minimum to make sure the price is not too high.
Insurance coverage details
The coverage information shown next outlines different insurance policy prices for Chevy HHR models. Learning a little about how insurance prices are determined can be valuable when making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HHR LS | $172 | $264 | $362 | $22 | $108 | $928 | $77 |
| HHR LT | $172 | $264 | $362 | $22 | $108 | $928 | $77 |
| HHR SS | $192 | $360 | $362 | $22 | $108 | $1,044 | $87 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Prices do not factor in specific location which can decrease or increase prices substantially.
Deductible analysis
One common question asked by Colorado Springs drivers is how high should the physical damage deductibles be. The rates below may help to conceptualize the premium difference when you choose different coverage deductibles. The first rate table uses a $250 deductible for comprehensive and collision coverage and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HHR LS | $306 | $458 | $352 | $20 | $106 | $1,267 | $106 |
| HHR LT | $306 | $458 | $352 | $20 | $106 | $1,267 | $106 |
| HHR SS | $342 | $620 | $352 | $20 | $106 | $1,465 | $122 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| HHR LS | $250 | $368 | $352 | $20 | $106 | $1,096 | $91 |
| HHR LT | $250 | $368 | $352 | $20 | $106 | $1,096 | $91 |
| HHR SS | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
| Get Your Own Custom Quote Go | |||||||
Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Rates do not factor in specific Colorado Springs garaging location which can impact coverage rates significantly.
Using the data above, we can ascertain that using a $250 deductible costs about $15 more each month or $180 for a full year averaged for all HHR models than selecting the higher $500 deductible. Since you would pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 17 months between claims, you would most likely save money by selecting a higher deductible. Here’s how we made this calculation.
| Average monthly premium for $250 deductibles: | $111 |
| Average monthly premium for $500 deductibles (subtract): | – $96 |
| Monthly savings from raising deductible: | $15 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $15 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
The illustration below illustrates how your deductible choice and can change Chevy HHR insurance premiums for different insured age categories. The premiums assume a married male driver, full coverage, and no additional discounts are factored in.
How accidents and tickets impact rates
The chart below illustrates how speeding tickets and accident claims influence Chevy HHR premium costs for different age groups. The data assumes a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
Annual premiums comparing men and women in Colorado Springs
The information below shows the comparison of Chevy HHR yearly insurance costs for male and female drivers. The rate quotes are based on a clean driving record, no at-fault accidents, full physical damage coverage, $500 deductibles, drivers are not married, and no discounts are applied to the premium.
Do you need full coverage?
The information below shows the comparison of Chevy HHR insurance prices when comparing full coverage to state minimum liability only. The premiums are based on no driving violations, no at-fault accidents, $1,000 deductibles, drivers are not married, and no policy discounts are applied.
When to drop comprehensive and collision
There is no exact rule to stop buying comp and collision coverage, but there is a guideline you can use. If the yearly cost of full coverage is about 10% or more of the settlement you would receive from your company, then you might consider buying liability only.
For example, let’s pretend your Chevy HHR replacement cost is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is damaged in an accident, the most you would receive is $6,000 after you pay the deductible. If you are paying over $600 annually to have full coverage, then it might be time to consider dropping full coverage.
There are a few situations where dropping physical damage coverage is not advised. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent your loan from defaulting. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.
Auto insurance discounts are available to cut your rates
Some insurers do not advertise their entire list of discounts in a way that’s easy to find, so the below list has some of the more common and also the lesser-known credits available to lower your premiums when you buy Colorado Springs car insurance online.
- Resident Student – Kids who attend college more than 100 miles from Colorado Springs and leave their car at home could qualify for this discount.
- Active Military Service – Being on active duty in the military could be rewarded with lower prices.
- Anti-lock Brake System – Cars with ABS and/or traction control can stop better under adverse conditions and earn discounts up to 10%.
- Safety Restraint Discount – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more on the medical payments or PIP coverage costs.
- Professional Memberships – Joining qualifying clubs or civic groups can get you a small discount when shopping for auto insurance.
- Theft Deterrent System – Vehicles optioned with advanced anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
- Student Driver Training – Cut your cost by having your teen driver enroll and complete driver’s education as it can save substantially.
- Savings for New Vehicles – Insuring a vehicle that is new can save up to 30% since newer models have better safety ratings.
- Safe Driver Discount – Insureds who avoid accidents could pay up to 40% less as compared to drivers with claims.
- Early Signing – Some larger companies reward drivers for signing up before your current expiration date. It can save you around 10%.
Remember that most of the big mark downs will not be given to all coverage premiums. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates it’s possible to get free car insurance, you aren’t that lucky.
The diagram below shows the difference between Chevy HHR yearly insurance costs with and without discounts applied. The premium estimates are based on a male driver, no accidents, no driving violations, Colorado state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, multi-policy, claim-free, marriage, and homeowner discounts applied.
A few of the larger companies and some of the premium reductions they offer are shown below.
- State Farm includes discounts for multiple autos, multiple policy, defensive driving training, anti-theft, and good driver.
- GEICO offers discounts for multi-vehicle, seat belt use, federal employee, air bags, emergency military deployment, and anti-lock brakes.
- Liberty Mutual offers discounts including preferred payment discount, safety features, hybrid vehicle, new move discount, and teen driver discount.
- The Hartford may include discounts for anti-theft, driver training, good student, defensive driver, air bag, and bundle.
- MetLife policyholders can earn discounts including claim-free, good student, good driver, accident-free, and multi-policy.
- Progressive has savings for homeowner, good student, continuous coverage, online quote discount, multi-policy, and multi-vehicle.
If you need inexpensive Colorado Springs car insurance quotes, ask every insurance company to apply every possible discount. A few discounts might not be available to policyholders in Colorado Springs. For a list of providers that offer some of these discounts in Colorado, click this link.
Comparing rates from local Colorado Springs insurance agencies
Some consumers prefer to sit down and talk to an agent and doing so can bring peace of mind Licensed agents will help you protect your assets and help in the event of a claim. The best thing about getting online price quotes is you may find cheap insurance quotes and still have an agent to talk to.
After filling out this short form, your coverage information gets sent to agents in your area who will give you bids for your insurance coverage. It’s much easier because you don’t need to leave your computer because prices are sent to the email address you provide. If you wish to compare rates from one company in particular, don’t hesitate to navigate to their website and give them your coverage information.
Deciding on a insurer should include more criteria than just the bottom line cost. Any good agent in Colorado Springs should know the answers to these questions.
- What will you get paid if your car is a total loss? How is that amount determined?
- Are they paid to recommend certain coverages?
- Has the agent ever had any license suspensions?
- Is every driver in your family covered?
- How much can you save by raising your physical damage deductibles?
- If you are a high risk driver, do they have special markets for your coverage?
- Are they in the agency full-time?
When finding a local Colorado Springs insurance agent, it can be helpful to understand the different types of agents and how they differ in how they quote coverages. Insurance agents in Colorado Springs are either independent (non-exclusive) or exclusive. Both write policy coverage, but we need to point out the subtle differences because it can factor into your agent selection.
Exclusive Agencies
Agents that elect to be exclusive can only provide one company’s prices such as Allstate, State Farm and Farmers Insurance. They are unable to compare rates from other companies so always compare other rates. These agents are well schooled on what they offer and that allows them to sell at a higher price point. Some people will only buy from exclusive agents primarily because of the brand legacy and the convenience of having all coverages with one company.
The following is a short list of exclusive agents in Colorado Springs that are able to give price quote information.
- Jeff Schmidt – State Farm Insurance Agent
1230 Tenderfoot Hill Rd Ste. 200 – Colorado Springs, CO 80906 – (719) 445-0070 – View Map - State Farm: Austin Morgan
1806 Dominion Way Suite A – Colorado Springs, CO 80918 – (719) 630-1800 – View Map - Chris Sutherland – State Farm Insurance Agent
6130 Barnes Rd #104 – Colorado Springs, CO 80922 – (719) 598-8211 – View Map
Independent Agencies or Brokers
Agents in the independent channel are not employed by any specific company and that allows them to write policies with a variety of different insurance companies and find you the best rates. If they find a lower price, they can switch companies in-house which requires no work on your part.
If you are trying to find cheaper rates, we highly recommend that you include independent agents to ensure the widest selection of prices. Many can place coverage with mutual insurance companies that may provide cheaper insurance rates.
Shown below is a list of independent insurance agents in Colorado Springs that are able to give price quote information.
- WIN Insurance Agency
3485 Academy Blvd N Ste 101 – Colorado Springs, CO 80917 – (719) 599-9494 – View Map - Insurance Network of Co
2525 W Pikes Peak Ave # C – Colorado Springs, CO 80904 – (719) 635-9720 – View Map - Mary Beth Stiltner Insurance Agency
1880 Dublin Blvd # C – Colorado Springs, CO 80918 – (719) 528-1555 – View Map
Car insurance coverages for a Chevy HHR
Understanding the coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.
Auto collision coverage
This coverage pays for damage to your HHR from colliding with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.
Collision can pay for things such as backing into a parked car, driving through your garage door and hitting a parking meter. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible on your HHR to get cheaper collision coverage.
Uninsured Motorist or Underinsured Motorist insurance
This coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Chevy HHR.
Because many people only purchase the least amount of liability that is required (which is 25/50/15), it only takes a small accident to exceed their coverage. So UM/UIM coverage is very important.
Insurance for medical payments
Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for pain medications, ambulance fees and doctor visits. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and may carry a deductible
Liability auto insurance
This coverage will cover damage that occurs to other’s property or people by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for your injuries or vehicle damage.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/15 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $15,000 for damage to vehicles and property.
Liability can pay for things like medical services, funeral expenses and pain and suffering. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible. Colorado requires drivers to carry at least 25/50/15 but it’s recommended drivers buy higher limits.
The next chart shows why buying low liability limits may not provide adequate coverage.
Comprehensive coverage (or Other than Collision)
This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things like a broken windshield, rock chips in glass, hitting a deer and damage from flooding. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Quote more and you will save more
The cheapest Chevy HHR insurance in Colorado Springs can be bought both online in addition to local insurance agencies, so you need to shop Colorado Springs car insurance with both in order to have the best price selection to choose from. There are still a few companies who may not provide online rate quotes and these smaller providers prefer to sell through independent insurance agents.
You just learned a lot of techniques to get a better price on Chevy HHR insurance in Colorado Springs. It’s most important to understand that the more you quote Colorado Springs car insurance, the better chance you’ll have of finding cheaper Colorado Springs car insurance quotes. Drivers may even discover the lowest prices are with the smaller companies.
When getting Colorado Springs car insurance quotes online, you should never buy poor coverage just to save money. In many cases, an insured dropped collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your focus should be to get the best coverage possible at the lowest possible cost, not the least amount of coverage.
Steps to buying affordable Chevy HHR insurance in Colorado Springs
If saving the most money is your goal, then the best way to find better pricing on auto insurance rates in Colorado Springs is to make a habit of regularly comparing prices from companies in Colorado.
First, try to comprehend what coverages are included in your policy and the measures you can control to keep rates down. Many rating criteria that are responsible for high rates such as getting speeding tickets and a low credit score can be amended by improving your driving habits or financial responsibility.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like GEICO and State Farm, while independent agents can provide prices from many different companies. Get quotes now
Third, compare the new rate quotes to the premium of your current policy to see if a cheaper rate is available. If you find a lower rate quote, make sure there is no coverage gap between policies.
Fourth, tell your current agent or company of your intent to cancel your current auto insurance policy and submit payment along with a signed and completed policy application to the newly selected company. As soon as you receive it, place the new certificate verifying proof of insurance with the vehicle registration.
A good tip to remember is to try to compare identical coverage information on each price quote and and to get price estimates from every insurance company. Doing this enables the most accurate price comparison and the best price selection.
Other articles
- What to do at the Scene of an Accident (Insurance Information Institute)
- Who Has Cheap Auto Insurance Quotes for Veterans in Colorado Springs? (FAQ)
- How Much is Auto Insurance for Low Credit Scores in Colorado Springs? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for 19 Year Olds in Colorado Springs? (FAQ)
- What Insurance is Cheapest After a Speeding Ticket in Colorado Springs? (FAQ)
- Safe Vehicles for Teens (iihs.org)
- Rollover Crash FAQ (iihs.org)
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)