Did you fall for a flashy sales pitch and buy an expensive car insurance policy? Trust us when we tell you many Colorado Springs consumers feel financially strained by their car insurance policy.
It’s safe to assume that insurance companies don’t want you to look for a cheaper policy. People who shop around will, in all likelihood, buy a different policy because of the high probability of finding coverage at a more affordable price. A recent car insurance study discovered that consumers who compared rates regularly saved about $72 a month compared to those who didn’t regularly shop around.
If saving money on Nissan cube insurance is your target objective, then learning a little about how to find companies and compare insurance coverage can save money and time.
Steps to buying cheaper Nissan cube insurance in Colorado Springs
The most effective way to get low-cost Nissan cube insurance is to regularly compare quotes from companies in Colorado Springs.
- First, read about individual coverages and the things you can control to keep rates in check. Many policy risk factors that are responsible for high rates such as multiple speeding tickets and a low credit rating can be remedied by making minor changes in your lifestyle.
- Second, get rate quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can give quotes from a single company like GEICO and Allstate, while independent agencies can quote rates from multiple sources.
- Third, compare the new rate quotes to your existing rates to see if a cheaper rate is available in Colorado Springs. If you can save some money, verify that coverage does not lapse between policies.
The key thing to remember is to make sure you enter the same physical damage deductibles and liability limits on every quote request and and to look at every company you can. Doing this provides a fair rate comparison and the best price quote selection.
Vehicle owners have so many insurers to insure vehicles with, and although it’s nice to be able to choose, it makes it harder to find the best rates for your vehicles.
Low Cost companies for Nissan cube insurance
The providers in the list below provide free quotes in Colorado. To find cheap car insurance in CO, it’s highly recommended you get rates from several of them in order to find the most competitive rates.
Rates and detailed analysis
The table shown below outlines detailed analysis of insurance costs for Nissan cube models. Having a better idea how prices are calculated can help guide drivers when making smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $204 | $368 | $368 | $22 | $110 | $1,072 | $89 |
| Cube S 2WD | $234 | $368 | $368 | $22 | $110 | $1,102 | $92 |
| Cube SL 2WD | $234 | $448 | $368 | $22 | $110 | $1,182 | $99 |
| Cube Krom 2WD | $264 | $528 | $368 | $22 | $110 | $1,292 | $108 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Table data does not factor in vehicle location which can affect prices substantially.
How high should deductibles be?
One of the most common car insurance questions is how high should the physical damage coverage deductibles be. The comparison tables below can help you visualize the rate fluctuation when you select higher and lower deductibles. The first pricing table uses a $100 deductible for physical damage and the second data table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $264 | $448 | $352 | $20 | $106 | $1,215 | $101 |
| Cube S 2WD | $302 | $448 | $352 | $20 | $106 | $1,253 | $104 |
| Cube SL 2WD | $302 | $546 | $352 | $20 | $106 | $1,351 | $113 |
| Cube Krom 2WD | $342 | $644 | $352 | $20 | $106 | $1,489 | $124 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Cube 2WD | $146 | $236 | $352 | $20 | $106 | $860 | $72 |
| Cube S 2WD | $168 | $236 | $352 | $20 | $106 | $882 | $74 |
| Cube SL 2WD | $168 | $288 | $352 | $20 | $106 | $934 | $78 |
| Cube Krom 2WD | $190 | $340 | $352 | $20 | $106 | $1,008 | $84 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific zip code location which can change price quotes substantially.
Based on this data, using a $100 deductible will cost in the ballpark of $34 more each month or $408 each year averaged for all cube models than buying the higher $1,000 deductible. Since you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you have at least 26 months between claim filings, you would save money if you choose the higher deductible.
The chart below demonstrates how choosing different deductibles and can affect Nissan cube annual premium costs for each different age category. The data is based on a married female driver, comp and collision included, and no discounts are factored in.
Safe drivers pay less for car insurance
The diagram below demonstrates how traffic citations and accident claims can raise Nissan cube insurance costs for each age group. The data is based on a married male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.
Full coverage versus liability only rates
The diagram below visualizes the comparison of Nissan cube car insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums are based on no tickets, no at-fault accidents, $250 deductibles, single status, and no discounts are factored in.
When to drop comp and collision
There isn’t a written rule to exclude physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost of full coverage is more than about 10% of the replacement cost minus the deductible, then it could be time to drop full coverage.
For example, let’s pretend your Nissan cube settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would receive is $7,000 after paying the physical damage deductible. If you are currently paying more than $700 a year for your policy with full coverage, then you might want to consider buying only liability coverage.
There are some scenarios where eliminating full coverage is not financially feasible. If you still owe a portion of the original loan, you have to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not remove full coverage.
Cut your car insurance rates with discounts
Some insurance providers don’t list all discounts in a way that’s easy to find, so the next list breaks down both well-publicized in addition to some of the lesser obvious credits available to bring down your rates. If you do not check that you are getting every discount available, you could be getting lower rates.
- Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discounted car insurance rate on car insurance if you buy some life insurance in addition to your auto policy.
- Discounts for Cautious Drivers – Insureds who avoid accidents may receive a discount up to 45% than drivers with accidents.
- Sign Online – Some insurance companies will give a small break just for signing your application digitally online.
- Organization Discounts – Belonging to certain professional organizations may earn a discount on your bill.
- Colorado Springs Homeowners Pay Less – Owning a home in Colorado Springs may earn you a small savings because of the fact that having a home requires a higher level of personal finance.
- Save with a New Car – Insuring a vehicle that is new can save you some money due to better safety requirements for newer vehicles.
A quick disclaimer, most of the big mark downs will not be given to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. Just because you may think adding up those discounts means a free policy, car insurance companies aren’t that generous. But all discounts will lower your overall bill.
The illustration below illustrates the difference between Nissan cube car insurance costs with and without discounts. Data assumes a male driver, no tickets, no at-fault accidents, Colorado state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, safe-driver, homeowner, multi-car, and marriage discounts applied.
To locate providers that offer the discounts shown above in Colorado, click here.
Are auto insurance agents obsolete?
A small number of people still like to sit down with an agent and we recommend doing that Good insurance agents are highly skilled in risk management and give you someone to call. A good thing about price shopping on the web is the fact that you can find better rates and still choose a local agent. Buying insurance from local agents is important particularly in Colorado Springs.
For easy comparison, once you complete this short form, the coverage information is emailed to insurance agents in Colorado Springs that can give you free Colorado Springs auto insurance quotes for your car insurance coverage. It simplifies rate comparisons since you won’t have to contact an agency due to the fact that quote results will go directly to you. If you want to compare rates from a specific insurance company, you can always jump over to their website and fill out the quote form the provide.
When finding a local Colorado Springs insurance agent, you need to know there are two different agency structures and how they operate. Colorado Springs agents can be classified as either independent agents or exclusive agents depending on their employer. Both types can sell car insurance policies, but it is important to understand the differences since it could factor into your selection of an agent.
Independent Car Insurance Agents
Agents in the independent channel can quote rates with many companies so they can insure your vehicles with many different companies and get you the best rates possible. If prices rise, your policy is moved internally and the insured can keep the same agent.
If you need cheaper car insurance rates, you absolutely need to check rates from a couple of independent agencies to ensure the widest selection of prices.
Listed below is a list of independent agencies in Colorado Springs who can help you get price quote information.
Benson Insurance Group, LLC
5155 N Academy, #110 – Colorado Springs, CO 80918 – (719) 622-3079 – View Map
CIA-Leavitt Insurance Agency
5585 Erindale Dr #107 – Colorado Springs, CO 80918 – (719) 528-1884 – View Map
Jensen Insurance Agency
125 N Parkside Dr #201f – Colorado Springs, CO 80909 – (719) 635-9557 – View Map
View more Colorado Springs agents
Exclusive Car Insurance Agents
These agents generally can only insure with one company such as Farmers Insurance, Allstate, or State Farm. They are unable to provide prices from multiple companies so you might not find the best rates. Exclusive insurance agents are highly trained in insurance sales which can be an advantage.
Below is a short list of exclusive agents in Colorado Springs that can give you price quotes.
Larry Lucero – State Farm Insurance Agent
5225 Academy Blvd N #108 – Colorado Springs, CO 80918 – (719) 599-8661 – View Map
Spencer Galloway – State Farm Insurance Agent
3918 Academy Blvd N – Colorado Springs, CO 80917 – (719) 632-3700 – View Map
Chris Sutherland – State Farm Insurance Agent
6130 Barnes Rd #104 – Colorado Springs, CO 80922 – (719) 598-8211 – View Map
View more Colorado Springs agents
Choosing the best auto insurance agent requires you to look at more than just a cheap price quote. The following questions are important to ask.
- Do they write coverage based solely on cost?
- Is there a local claims center in Colorado Springs?
- Do they offer rental car reimbursement?
- Can you choose the body shop in case repairs are needed?
- Do they specialize in personal lines coverage in Colorado Springs?
- Are there any discounts for paying up front?
One last thing to lower rates
When you buy Colorado Springs auto insurance online, it’s a bad idea to reduce needed coverages to save money. There have been many cases where consumers will sacrifice physical damage coverage and found out when filing a claim they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at the best possible price, but do not skimp to save money.
We just covered many ideas to compare Nissan cube insurance rates in Colorado Springs. The key concept to understand is the more providers you compare, the better your comparison will be. Consumers could even find that the best price on car insurance is with a small local company. These smaller insurers can often provide lower auto insurance rates in certain areas than their larger competitors like State Farm, GEICO and Nationwide.
A few companies don’t offer the ability to get a quote online and usually these regional insurance providers only sell coverage through independent agents. Discount Nissan cube insurance is possible on the web and from local insurance agents, so compare prices from both in order to have the best chance of saving money.
How to find affordable Nissan cube insurance in Colorado Springs
If saving the most money is your goal, then the best way to get affordable Nissan cube insurance in Colorado Springs is to start doing a yearly price comparison from insurance carriers who sell insurance in Colorado.
- Get an understanding of individual coverages and the changes you can make to keep rates down. Many things that are responsible for high rates such as high-risk driving behaviors and a poor credit rating can be controlled by making minor changes in your lifestyle.
- Compare rates from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can give quotes from one company like GEICO and Allstate, while agents who are independent can provide prices from multiple sources. View a list of agents
- Compare the new rate quotes to the premium of your current policy to see if switching to a new carrier will save money. If you find a lower rate and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
- Give proper notification to your current agent or company to cancel your current auto insurance policy. Submit any necessary down payment along with the completed application to the newly selected company. Be sure to safely store the proof of insurance paperwork in your glove compartment.
A good piece of advice is that you use similar deductibles and liability limits on each quote and and to get rates from as many auto insurance providers as possible. This guarantees an accurate price comparison and and a good selection of different prices.
Additional information can be read at these links:
- Drunk Driving Statistics (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for 4×4 Vehicles in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance Rates for Good Drivers? (FAQ)
- Who Has Affordable Car Insurance Quotes for Drivers with a Bad Driving Record in Colorado Springs? (FAQ)
- How Much are Auto Insurance Rates for Homeowners in Colorado Springs? (FAQ)
- What Auto Insurance is Cheapest for Good Students in Colorado Springs? (FAQ)
- Who Has Cheap Car Insurance Quotes for Safe Drivers in Colorado Springs? (FAQ)
- Who Has the Cheapest Colorado Springs Auto Insurance Quotes for a Nissan Sentra? (FAQ)
- What is Gap Insurance? (Insurance Information Institute)
- Teen Driving Statistics (GEICO)