Want to save money and find the cheapest auto insurance rates in Colorado Springs, CO? Colorado Springs shoppers have options when shopping for low-cost Hummer H3 insurance. You can either waste hours struggling with agents trying to get quotes or leverage the internet to find the lowest rates.
There are both good and bad ways to buy auto insurance and we’ll show you the best way to get price quotes for your Hummer and get the cheapest rates either online or from Colorado Springs insurance agents.
A recent auto insurance study revealed that nearly 70% of customers kept their policy with the same company for a minimum of four years, and nearly half have never compared rate quotes at all. With the average auto insurance premium being $1,813, Colorado Springs drivers can cut their rates by 35% a year by just comparing quotes, but most just don’t grasp the large savings they would see if they switched.
Consumers need to compare prices before your policy renews because auto insurance prices go up and down regularly. Just because you found the best deal on Hummer H3 insurance in Colorado Springs a year ago there may be better deals available now. Block out anything you think you know about auto insurance because it’s time to teach you the fastest and easiest way to properly buy coverages and cut your premium.
The purpose of this article is to instruct you on the best way to buy inexpensive insurance and also pocket some savings If you are paying for car insurance now, you will surely be able to shop for the lowest rates using the techniques presented in this article. Vehicle owners just have to know how to shop for insurance from many different companies online.
Companies offering Hummer H3 insurance in Colorado
The companies shown below have been selected to offer price quotes in Colorado. To buy cheap car insurance in Colorado Springs, it’s highly recommended you visit as many as you can to get a more complete price comparison.
Premium rates and analysis
The data table shown next outlines detailed analysis of prices for Hummer H3 models. Having a better idea how insurance quotes are determined is important for you to make decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| H3 Adventure Package 4WD | $226 | $400 | $362 | $22 | $108 | $1,118 | $93 |
| H3 4WD | $226 | $400 | $362 | $22 | $108 | $1,118 | $93 |
| H3 Luxury Package 4WD | $226 | $400 | $362 | $22 | $108 | $1,118 | $93 |
| H3 Alpha 4WD | $252 | $400 | $362 | $22 | $108 | $1,144 | $95 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-vehicle, and multi-policy. Price information does not factor in vehicle garaging location which can affect coverage prices considerably.
Higher deductibles lower rates
One of the hardest decisions when shopping for insurance is which deductible level should you buy. The rates shown below determine the premium difference between low and high physical damage deductibles. The first pricing table uses a $100 physical damage coverage deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| H3 Adventure Package 4WD | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| H3 4WD | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| H3 Luxury Package 4WD | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| H3 Alpha 4WD | $380 | $644 | $352 | $20 | $106 | $1,527 | $127 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| H3 Adventure Package 4WD | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| H3 4WD | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| H3 Luxury Package 4WD | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| H3 Alpha 4WD | $278 | $434 | $352 | $20 | $106 | $1,190 | $99 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Prices do not factor in specific zip code location which can influence auto insurance rates noticeably.
Using the data above, we can ascertain that using a $100 deductible costs approximately $27 more each month or $324 each year averaged for all H3 models than selecting the higher $500 deductible. Because you would be required to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you tend to go at least 15 months between claims, you would save money by selecting a higher deductible. Here’s a better example of how this calculation is made.
| Average monthly premium for $100 deductibles: | $125 |
| Average monthly premium for $500 deductibles (subtract): | – $98 |
| Monthly savings from raising deductible: | $27 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $27 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 15 months |
An important sidenote is that raising deductibles to save money results in a higher out-of-pocket expense when you file a claim. It will be required that you have some savings in the bank in order to pay the deductible for vehicle repair.
The illustration below shows how different deductible levels and can impact Hummer H3 yearly insurance costs for each age group. The premiums assume a married male driver, full coverage, and no discounts are applied.
Violations and accidents raise rates
The illustration below demonstrates how traffic citations and accidents drive up Hummer H3 premium costs for each different age group. The rates are based on a married female driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.
Lower rate quotes by earning discounts
Car insurance companies do not advertise every possible discount very well, so the list below gives a summary of some of the best known and also the more inconspicuous discounts that may be available.
- Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a lower insurance rate if you buy a life insurance policy as well.
- Drive Safe and Save – Insureds who avoid accidents can save as much as half off their rates than drivers with accidents.
- College Student Discount – Older children living away from Colorado Springs attending college without a vehicle on campus can receive lower rates.
- More Vehicles More Savings – Purchasing coverage when you have several vehicles on a single policy can get a discount for every vehicle.
- Telematics Devices – Insureds that choose to allow their company to track driving manner by using a telematic data system such as State Farm’s In-Drive could possibly reduce rates if they are good drivers.
- Defensive Driver – Participating in a defensive driver course could possibly earn you a 5% discount depending on where you live.
- Own a Home – Being a homeowner can save you money since owning and maintaining a home demonstrates responsibility.
- Discounts for Federal Employees – Simply working for the federal government can save as much as 8% with certain companies.
We need to note that some credits don’t apply to the whole policy. Some only reduce specific coverage prices like comprehensive or collision. So when it seems like you can get free auto insurance, company stockholders wouldn’t be very happy. But any discount will bring down your policy cost.
The illustration below illustrates the comparison of Hummer H3 annual premium costs with and without discounts applied to the rates. The rates are based on a female driver, no violations or claims, Colorado state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, marriage, multi-car, multi-policy, homeowner, and safe-driver discounts applied.
If you would like to view companies who offer free Hummer H3 insurance quotes in Colorado, follow this link.
Your situation helps dictate your coverage
When it comes to your policy for your vehicles, there isn’t really a “best” method to buy coverage. Each situation is unique.
For example, these questions can aid in determining if you would benefit from professional advice.
- What does UM/UIM cover?
- How do I insure my teen driver?
- How much can I save by bundling my policies?
- What is glass protection for?
- What is the difference between personal and commercial auto insurance policies?
- Which companies will insure me after a DUI?
- Do I have coverage when making deliveries for my home business?
- Do I have coverage when pulling a U-Haul trailer?
- Do I pay less if my vehicle is kept in my garage?
If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It is quick, free and may give you better protection.
Are auto insurance agents of importance?
Some consumers prefer to go talk to an agent and doing that can be a smart decision Professional insurance agents can make sure you are properly covered and help in the event of a claim. One of the great benefits of price shopping on the web is that you can find the best rates and still have an agent to talk to. And buying from neighborhood agents is important particularly in Colorado Springs.
After filling out this short form, your coverage information is transmitted to insurance agents in Colorado Springs that can provide free Colorado Springs auto insurance quotes for your coverage. It simplifies rate comparisons since you won’t have to find an agent because prices are sent directly to you. If you wish to compare rates from one company in particular, feel free to jump over to their website and complete a quote there.
Types of auto insurance agents in Colorado Springs
If you are searching for a good insurance agency, there are two different agency structures that you can choose from. Car insurance policy providers are either exclusive agents or independent agents. Both can insure your vehicles, but it’s worth learning the differences because it may have an impact on buying decisions.
Independent Insurance Agents
Agents in the independent channel are not employed by any specific company so they can insure your vehicles through lots of different companies and find the cheapest rate. If your premiums go up, they can switch companies in-house and you don’t have to find a new agent. When comparing rates, you definitely need to compare prices from several independent agencies to maximize your price options. They also have the ability to place coverage with small regional insurance companies which may have better rates.
Below is a small list of independent insurance agencies in Colorado Springs that may be able to give you free car insurance quotes.
- Benson Insurance Group, LLC
5155 N Academy, #110 – Colorado Springs, CO 80918 – (719) 622-3079 – View Map - O’Donnell Agency Inc
707 S Tejon St – Colorado Springs, CO 80903 – (719) 227-7100 – View Map - WIN Insurance Agency
3485 Academy Blvd N Ste 101 – Colorado Springs, CO 80917 – (719) 599-9494 – View Map
View more Colorado Springs agents
Exclusive Agencies
These agents generally can only insure with one company such as State Farm, Allstate, or Farmers Insurance. Exclusive agents are unable to provide rate quotes from other companies so keep that in mind. Exclusive agencies are well trained on the products they sell which helps them sell insurance even at higher premiums. Drivers often use the same agent partially due to the prominence of the brand rather than having the cheapest rates.
Listed below is a short list of exclusive insurance agencies in Colorado Springs that are able to give rate quotes.
- Dave Beadles – State Farm Insurance Agent
308 W Fillmore St #106 – Colorado Springs, CO 80907 – (719) 632-5433 – View Map - Allstate Insurance: Dave Lohman
76 S Sierra Madre St b – Colorado Springs, CO 80903 – (719) 471-9271 – View Map - Larry Lucero – State Farm Insurance Agent
5225 Academy Blvd N #108 – Colorado Springs, CO 80918 – (719) 599-8661 – View Map
View more Colorado Springs agents
Choosing an insurance agency shouldn’t rely on just the quoted price. These are some questions your agent should answer.
- Can you get a list of referrals?
- Where are claims handled?
- Do they carry Errors and Omissions coverage?
- Is vehicle mileage a factor when determining depreciation for repairs?
- Are there any extra charges for paying monthly?
- Does the agent have a valid license to sell insurance in Colorado?
- Do they regularly work with personal auto policies in Colorado Springs?
- Which company do they place the most coverage with?
Ratings for Colorado Springs auto insurance companies
Finding a good quality auto insurance provider can be rather challenging considering how many different insurance companies sell coverage in Colorado. The rank data shown below could help you select which car insurance providers you want to consider shopping your coverage with.
Top 10 Colorado Springs Car Insurance Companies Ranked by Value
- USAA
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
- Nationwide
- Safeco
Top 10 Colorado Springs Car Insurance Companies Ranked by Customer Satisfaction
- Titan Insurance – 95%
- USAA – 94%
- AAA Insurance – 91%
- State Farm – 90%
- Nationwide – 90%
- The Hartford – 89%
- GEICO – 89%
- The General – 88%
- 21st Century – 88%
- Liberty Mutual – 88%
Cheaper rates are available
When buying insurance coverage, you should never buy lower coverage limits just to save a few bucks. Too many times, an insured dropped liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. The ultimate goal is to find the BEST coverage at an affordable rate, but do not sacrifice coverage to save money.
People switch companies for any number of reasons including being labeled a high risk driver, extreme rates for teen drivers, policy cancellation and high rates after DUI convictions. It doesn’t matter why you want to switch choosing a new company can be pretty painless.
Cheaper insurance in Colorado Springs can be found from both online companies in addition to many Colorado Springs insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who do not offer the ability to get a quote online and these small insurance companies work with local independent agents.
How to find the cheapest rates for Hummer H3 insurance in Colorado Springs
If saving money is your primary concern, then the best way to get more affordable auto insurance rates is to compare prices annually from insurers who provide auto insurance in Colorado Springs. You can compare prices by completing these steps.
- Step 1: Spend a few minutes and learn about how companies set rates and the things you can change to prevent high rates. Many rating factors that result in higher prices like getting speeding tickets and a poor credit rating can be improved by being financially responsible and driving safely.
- Step 2: Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can give you price quotes for many different companies.
- Step 3: Compare the new rates to your existing coverage and determine if there is any savings. If you find a better price and decide to switch, make sure coverage does not lapse between policies.
An important bit of advice to remember is to make sure you enter identical deductibles and limits on each quote request and and to get rate quotes from as many car insurance companies as possible. Doing this ensures a fair rate comparison and the best price selection.
Additional detailed information can be read at these sites:
- Understanding Car Crashes Video (iihs.org)
- How Much are Car Insurance Quotes for a Subaru Outback in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Auto Insurance Rates for Single Moms? (FAQ)
- How Much are Auto Insurance Quotes for Active Military in Colorado Springs? (FAQ)
- Protecting Teens from Drunk Driving (Insurance Information Institute)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Steps to Take After an Auto Accident (Insurance Information Institute)