Best Rate Quotes for Chevy Colorado Insurance in Indianapolis

Discount Chevy Colorado insuranceReally, the only way to get more affordable auto insurance rates in Indianapolis is to compare quotes annually from insurers who sell auto insurance in Indiana. Rates can be compared by following these steps.

A tip to remember is to use similar deductibles and liability limits on every quote request and and to compare as many carriers as you can. This enables a fair price comparison and a thorough price selection.

Sadly, most drivers kept buying from the same company for more than four years, and almost half have never quoted rates to find cheaper coverage. Indianapolis consumers could pocket up to 55% a year by just shopping around, but they underestimate the large savings they would see if they moved their coverage to a different company.

Locating the best rates in Indianapolis can really be easy if you know what you’re doing. If you are paying for car insurance now, you will definitely be able to shop for the lowest rates using the concepts covered in this article. You just have to know the most effective way to compare price quotes from many different companies online.

The majority of larger companies provide prices for coverage online. Comparing prices online for Chevy Colorado insurance in Indianapolis is quite easy because it’s just a matter of typing in your personal and coverage information as requested by the quote form. After you submit the form their rating system requests your driving and credit reports and generates pricing information determined by many factors. Quoting online for Chevy Colorado insurance in Indianapolis makes comparing rates easy, and it’s very important to get many rate quotes in order to get affordable rates.

To quickly compare rates now, compare quotes from the companies shown below. If you have your current policy handy, we recommend you replicate deductibles and limits exactly as shown on your declarations page. Doing this assures you will have rate quotes based on the exact same insurance coverage.

The following companies can provide free quotes in Indianapolis, IN. If several companies are displayed, we suggest you visit two to three different companies to get a more complete price comparison.

Cheaper rates with discounts

Some providers don’t always list their entire list of discounts very well, so we researched some of the best known as well as some of the hidden credits available to you.Car insurance discounts

You can save money using discounts, but most of the big mark downs will not be given to all coverage premiums. Most cut specific coverage prices like medical payments or collision. Just because you may think having all the discounts means you get insurance for free, you won’t be that lucky.

The illustration below illustrates the comparison of Chevy Colorado auto insurance costs with and without discounts applied. The information is based on a female driver, no violations or claims, Indiana state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-car, homeowner, marriage, multi-policy, and safe-driver discounts applied.

A few companies that may offer these discounts include:

If you need inexpensive Indianapolis car insurance quotes, ask every prospective company which discounts they offer. Some discounts may not apply everywhere. To choose companies with significant discounts in Indianapolis, click here.

Chevy Colorado detailed coverage information

The coverage information shown below showcases estimates of insurance prices for Chevy Colorado models. Having a better understanding of how insurance rates are figured can assist in making decisions when shopping your coverage around.

Chevrolet Colorado Insurance Rates in Indianapolis, IN
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $112 $250 $318 $18 $94 $792 $66
Colorado LT Extended Cab 2WD $132 $304 $318 $18 $94 $866 $72
Colorado LT 4WD $132 $250 $270 $16 $80 $748 $62
Colorado LT Crew Cab 2WD $132 $304 $318 $18 $94 $866 $72
Colorado LT Extended Cab 4WD $132 $250 $270 $16 $80 $748 $62
Colorado LT Crew Cab 4WD $152 $304 $270 $16 $80 $822 $69
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Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Indiana minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Estimates do not factor in zip code location which can change coverage rates considerably.

How high should deductibles be?

One of the hardest decisions when shopping for car insurance is how high should the physical damage coverage deductibles be. The comparisons below lay out the costs and benefits between high and low physical damage deductibles. The first set of prices uses a $250 deductible and the second price chart uses a $1,000 deductible.

Chevrolet Colorado insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $162 $300 $280 $16 $84 $867 $72
Colorado LT Extended Cab 2WD $188 $366 $280 $16 $84 $959 $80
Colorado LT 4WD $188 $300 $238 $14 $72 $837 $70
Colorado LT Crew Cab 2WD $188 $366 $280 $16 $84 $959 $80
Colorado LT Extended Cab 4WD $188 $300 $238 $14 $72 $837 $70
Colorado LT Crew Cab 4WD $216 $366 $238 $14 $72 $931 $78
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Chevrolet Colorado insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $100 $188 $280 $16 $84 $668 $56
Colorado LT Extended Cab 2WD $116 $230 $280 $16 $84 $726 $61
Colorado LT 4WD $116 $188 $238 $14 $72 $628 $52
Colorado LT Crew Cab 2WD $116 $230 $280 $16 $84 $726 $61
Colorado LT Extended Cab 4WD $116 $188 $238 $14 $72 $628 $52
Colorado LT Crew Cab 4WD $134 $230 $238 $14 $72 $688 $57
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include safe-driver, multi-vehicle, homeowner, multi-policy, and claim-free. Premium amounts do not factor in vehicle garaging location which can change insurance rates substantially.

Based on these figures, using a $250 deductible costs approximately $18 more each month or $216 each year averaged for all Colorado models than quoting the higher $1,000 deductible. Because you would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you go at least 42 months between claim filings, you would save more money if you choose the higher deductible. Here is a better example of how you can make this decision for your own policy.

Average monthly premium for $250 deductibles: $75
Average monthly premium for $1,000 deductibles (subtract): – $57
Monthly savings from raising deductible: $18
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $18
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 42 months

The chart below illustrates how your deductible choice and can affect Chevy Colorado insurance prices for different age groups of insureds. The data assumes a single female driver, comprehensive and collision coverage, and no additional discounts are factored in.

Should you buy full coverage?

The information below visualizes the comparison of Chevy Colorado auto insurance costs when comparing full coverage to liability only. The premiums are based on no driving violations, no at-fault accidents, $500 deductibles, marital status is single, and no policy discounts are applied.

Should you be buying full coverage?

There is no definitive guideline that works best for making the decision to drop full coverage on your policy, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let’s say your Chevy Colorado settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $5,000 after the policy deductible has been paid. If premiums are more than $500 annually for full coverage, then you may need to consider dropping full coverage.

There are some circumstances where removing full coverage is not in your best interest. If you still owe a portion of the original loan, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is in an accident, you should keep full coverage in place.

Get Cheap Car Insurance with These Tips

Lots of factors are taken into consideration when quoting car insurance. Some are pretty understandable like your driving record, but other criteria are not quite as obvious such as your credit history or your commute time.

Shop online but buy locally

Some consumers would rather get professional advice from a licensed agent and that can be a smart move Licensed agents will help you protect your assets and give you someone to call. The best thing about getting free rate quotes online is the fact that drivers can get lower rates and still choose a local agent.

Insurance agency in IndianapolisAfter filling out this simple form, your insurance coverage information is transmitted to companies in Indianapolis who want to provide quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to find an agent on your own due to the fact that quote results will go straight to your inbox. In the event you want to get a rate quote from a specific insurance provider, just go to their quote page and fill out the quote form the provide.

Choosing the best insurer requires more thought than just a cheap quote. Ask your prospective agent these questions:

Exclusive and independent Indianapolis auto insurance agents

If you prefer to buy insurance from a reliable insurance agent, you must know there are a couple different types of agencies and how they can write your policy. Insurance agencies in Indianapolis are classified as either independent (non-exclusive) or exclusive. Either can sell and service insurance coverage, but it’s worth mentioning how they are different since it may influence the kind of agent you use.

Exclusive Agencies

Agents of this type write business for a single company like State Farm or Allstate. Exclusive agencies are unable to provide other company’s prices so you might not find the best rates. Exclusive insurance agents are highly trained on their products and sales techniques which helps them sell on service rather than price.

Below is a short list of exclusive insurance agencies in Indianapolis who may provide you with comparison quotes.

2169 Glebe St #100aCarmel, IN 46032(317) 890-1200View Map

7423 E 82nd StIndianapolis, IN 46256(317) 849-4119View Map

2229 Martin Luther King Jr StIndianapolis, IN 46208(317) 925-5557View Map

View more Indianapolis agents

Independent Agents (or Brokers)

Agents that elect to be independent are not restricted to one company so they can write business through many different insurance companies and find the cheapest insurance rates. If you are not satisfied with one company, they simply move the coverage in-house and you don’t have to do anything. If you are comparing rate quotes, we highly recommend that you include at a minimum one independent agency for maximum quote selection.

Below are Indianapolis independent insurance agents that are able to give rate quotes.

8604 Allisonville Rd #210Indianapolis, IN 46250(317) 841-6004View Map

N Alabama St #350Indianapolis, IN 46204(317) 572-8080View Map

111 Congressional Blvd Suite 100Carmel, IN 46032(317) 846-5554View Map

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There’s no such thing as the perfect car insurance policy

Always remember that when buying coverage online or from an agent for your vehicles, there isn’t really a single plan that fits everyone. Your financial needs are unique and a cookie cutter policy won’t apply.Car insurance savings
These are some specific questions might point out whether or not you would benefit from an agent’s advice.

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Be persistent and save

A few companies do not offer online quoting and usually these small, regional companies only sell through independent insurance agencies. Affordable Chevy Colorado insurance in Indianapolis is available from both online companies and from local agencies, so you need to compare both so you have a total pricing picture.

We just presented a lot of tips how to find cheap Chevy Colorado insurance in Indianapolis. The most important thing to understand is the more times you quote, the better your comparison will be. Consumers may even find the lowest premium rates are with a company that doesn’t do a lot of advertising. Some small companies often have lower prices on specific markets as compared to the big name companies such as Allstate, GEICO and Progressive.

Additional information can be found at the links below