Best Insurance for a Nissan Titan in Colorado Springs

A recent auto insurance study discovered that the vast majority of Colorado auto insurance customers kept buying from the same company for over three years, and about 40% of consumers have never compared quotes from other companies. American insurance shoppers could cut their rates by approximately $850 a year by just comparing quotes, but they don’t know how much they could save if they switched.

Truthfully, the best way to find affordable auto insurance rates in Colorado Springs is to compare quotes annually from insurers who sell auto insurance in Colorado. You can shop around by completing these steps.

1. Gain an understanding of how companies set rates and the things you can control to drop your rates. Many rating criteria that increase rates such as traffic violations and an imperfect credit score can be improved by being financially responsible and driving safely. Continue reading for instructions to help keep prices low and get additional discounts.
2. Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like Progressive or Farmers Insurance, while independent agents can quote rates from many different companies. View insurance agents
3. Compare the quotes to your existing rates to see if a cheaper price is available in Colorado Springs. If you can save some money, make sure coverage does not lapse between policies.
4. Give notification to your current company of your decision to cancel the current policy. Submit a down payment along with a signed application for the new coverage. Be sure to keep the new certificate verifying proof of insurance along with your vehicle registration.

An essential thing to point out is to compare identical coverage information on each quote and and to get prices from all possible companies. This enables a level playing field and the best price selection.

Companies offering Nissan Titan insurance in Colorado

The companies shown below can provide free rate quotes in Colorado. To locate the best cheap car insurance in Colorado Springs, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.

Rates and statistics

The premium information shown next covers estimates of insurance policy prices for Nissan Titan models. Being aware of how premiums are calculated can be useful when making smart choices when purchasing an insurance policy.

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, homeowner, safe-driver, multi-policy, and multi-vehicle. Prices do not factor in specific location information which can increase or decrease coverage rates greatly.

Raise deductibles and save

The hardest decision when buying coverage is what deductibles to buy. The tables below outline the rate fluctuation between low and high deductibles. The first data table uses a $100 deductible and the second price grid uses a $1,000 deductible.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include safe-driver, homeowner, claim-free, multi-vehicle, and multi-policy. Rate quotes do not factor in specific location information which can influence prices noticeably.

Based on this data, using a $100 deductible would cost the average driver about $38 more each month or $456 every year than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you go at least 24 months between claims, you would save money going with the higher deductible.

The example below demonstrates how deductibles and can influence Nissan Titan insurance rates for different age groups. The premiums assume a single male driver, comp and collision included, and no discounts are factored in.

Poor driving habits will raise your auto insurance rates

The example below demonstrates how traffic citations and accidents can drive up Nissan Titan car insurance rates for different age groups of insureds. The prices are based on a married male driver, comp and collision included, $500 deductibles, and no discounts are factored in.

Full coverage rates compared to liability-only

The chart below compares Nissan Titan insurance premiums with liability coverage only compared to full coverage. The premium estimates are based on a clean driving record, no at-fault accidents, $100 deductibles, drivers are not married, and no discounts are factored in.

When to drop comprehensive and collision 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 comprehensive and collision coverage is 10% or more of replacement cost minus your deductible, then you might consider buying liability only.

For example, let’s assume your Nissan Titan settlement value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would get paid by your company is $7,000 after the policy deductible has been paid. If it’s costing you more than $700 annually for physical damage coverage, then it could be time to drop full coverage.

There are some conditions where only buying liability is not in your best interest. If you still owe a portion of the original loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should keep full coverage.

Get cheaper Nissan Titan insurance rates in Colorado Springs

Insuring your vehicles can cost a lot, but you might already qualify for some discounts that you may not know about. Certain discounts will be applied at the time you complete a quote, but less common discounts must be specifically requested prior to receiving the credit.

• Government Employees – Employees or retirees of the government could cut as much as 10% off depending on your auto insurance provider.
• Passenger Safety Discount – Options like air bags or automatic seat belts can qualify for discounts of more than 20%.
• Multiple Policy Discount – When you combine your auto and homeowners insurance and insure them with the same company they may give you a discount of 10% to 20% off each policy.
• No Claims – Good drivers with no accidents can save substantially in comparison with bad drivers.
• Paperless Signup – Certain companies provide a small discount for buying a policy and signing up on your computer.
• Low Mileage Discounts – Driving fewer miles could qualify for lower rates due to less chance of an accident.
• Clubs and Organizations – Being in a civic or occupational organization in Colorado Springs can get you a small discount on your next auto insurance statement.
• Full Payment Discount – If you can afford to pay the entire bill instead of paying each month you can avoid monthly service charges.
• Data Collection Discounts – Drivers who elect to allow driving data collection to study driving manner by installing a telematics device such as State Farm’s In-Drive could see a rate decrease if they have good driving habits.
• College Student Discount – Any of your kids who live away from home at college and do not have access to a covered vehicle may qualify for this discount.

Drivers should understand that some of the credits will not apply to the overall cost of the policy. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. Just because it seems like all those discounts means the company will pay you, you won’t be that lucky.

The example below shows the comparison of Nissan Titan insurance premiums with and without discounts applied to the policy premium. The data assumes a male driver, no accidents or driving violations, 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 marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

Large auto insurance companies and some of their more popular discounts are outlined below.

• Farmers Insurance offers discounts for electronic funds transfer, multi-car, mature driver, switch companies, and youthful driver.
• Esurance may offer discounts for homeowner, good student, defensive driver, online quote, Switch & Save, anti-lock brakes, and Pac-12 alumni.
• State Farm has savings for accident-free, multiple autos, anti-theft, passive restraint, and defensive driving training.
• GEICO policyholders can earn discounts including seat belt use, military active duty, federal employee, anti-lock brakes, multi-vehicle, defensive driver, and anti-theft.
• Allstate may have discounts that include EZ pay plan discount, senior citizen, 55 and retired, passive restraint, new car, and anti-lock brakes.

Check with every prospective company to apply every possible discount. A few discounts might not apply in your area. To view insurance companies that offer multiple discounts in Colorado, click here to view.

Auto insurance agents near you

Certain consumers still like to buy from a local agent and that can be a smart move Insurance agents are trained to spot inefficiencies and help submit paperwork. The best thing about comparing rates online is that you can obtain cheap rate quotes and also buy local. Buying from small agencies is important particularly in Colorado Springs.

To find an agent, once you fill out this form (opens in new window), your coverage information is immediately sent to agents in your area who will gladly provide quotes for your coverage. It makes it easy because there is no need to even leave your home due to the fact that quote results will go directly to you. If you have a need to compare prices from a specific insurance company, don’t hesitate to go to their quote page and complete a quote there.

If you want to use a local Colorado Springs insurance agency, you should know the types of insurance agents and how they can write your policy. Agents can be classified as either exclusive or independent. Both types of agents can handle auto insurance, but it’s good to learn the differences because it can influence which agent you choose.

Independent Auto Insurance Agents (or Brokers)

These type of agents are normally appointed by many insurers and that is an advantage because they can write policies with an assortment of companies and find the cheapest rate. If your agent finds better pricing, the agent simply finds a different carrier and you don’t have to switch agencies. When comparing auto insurance prices, you need to get some free quotes from a few independent agents so that you have a good selection of quotes to compare. Many write coverage with different regional companies that may have much lower rates than larger companies.

Featured below are Colorado Springs independent insurance agents that can give you price quotes.

• Benson Insurance Group, LLC
  5155 N Academy, #110 – Colorado Springs, CO 80918 – (719) 622-3079 – View Map
• Pikes Peak Insurance Agency
  2306 N Powers Blvd #120 – Colorado Springs, CO 80915 – (719) 591-4500 – View Map
• Southern Colorado Insurance Center
  4390 Academy Blvd N – Colorado Springs, CO 80918 – (719) 329-4441 – View Map

More insurance agents

Exclusive Auto Insurance Agencies

These type of agents have only one company to place business with and examples are State Farm, AAA, Farmers Insurance or Allstate. These agents are unable to shop your coverage around so you need to shop around if the rates are high. Exclusive agents are well schooled in insurance sales which helps them sell insurance even at higher premiums. Consumers frequently use the same agent mostly because of the brand and strong financial ratings.

The following are exclusive agencies in Colorado Springs willing to provide price quotes.

• Allstate Insurance: Wermers Agency Inc
  1283 Kelly Johnson Blvd – Colorado Springs, CO 80920 – (719) 471-6777 – View Map
• Tom Harbert – State Farm Insurance Agent
  8027 Academy Blvd N – Colorado Springs, CO 80920 – (719) 594-4500 – View Map
• Farmers Insurance – Patricia Szeredy
  6632 Delmonico Dr – Colorado Springs, CO 80919 – (719) 268-0080 – View Map

More insurance agents

Finding the right car insurance agent should depend on more than just a cheap quote. You should also get answers to these questions.

• Does the agency provide any after hours assistance?
• Will they make sure you get an adequate claim settlement?
• Which companies do they recommend if they are an independent agency?
• Do they write coverage based solely on cost?
• Do the agents have professional certifications like CPCU or CIC?

Auto insurance coverage considerations

Learning about specific coverages of your auto insurance policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Medical expense insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for dental work, nursing services, chiropractic care and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers – This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since many Colorado drivers only purchase the least amount of liability that is required (Colorado limits are 25/50/15), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive (Other than Collision) – Comprehensive insurance pays for damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like falling objects, a broken windshield and fire damage. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage – This covers damage to your Titan caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as damaging your car on a curb, driving through your garage door, colliding with a tree and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible on your Titan to save money on collision insurance.

Liability insurance – This can cover damage or injury you incur to other people or property in an accident. It protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 25/50/15 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $15,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things like funeral expenses, medical expenses and court costs. How much coverage you buy is your choice, but it’s cheap coverage so purchase as high a limit as you can afford. Colorado requires minimum liability limits of 25/50/15 but it’s recommended drivers buy more liability than the minimum.

The illustration below demonstrates why minimum state limits may not be high enough to cover claims.

Quote more to save more

While you’re price shopping online, make sure you don’t buy poor coverage just to save money. There are many occasions where an insured cut liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. Your strategy should be to buy a smart amount of coverage at the best price.

Insureds switch companies for a variety of reasons including an unsatisfactory settlement offer, questionable increases in premium, lack of trust in their agent and denial of a claim. It doesn’t matter why you want to switch finding a new car insurance company is pretty simple and you could end up saving a buck or two.

You just learned some good ideas how you can get a better price on Nissan Titan insurance in Colorado Springs. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your auto insurance rates. You may even find the most savings is with a small local company.

For more information, link through to the resources below:

• Information for Teen Drivers (GEICO)
• Who Has Cheap Colorado Springs Auto Insurance Rates for Infrequent Drivers? (FAQ)
• Bodily Injury Coverage (Liberty Mutual)
• Cellphones, Texting and Driving (iihs.org)