Nobody rejoices having to buy car insurance, especially when they could find better prices if they shop around.
It's shocking but a large majority of car insurance policyholders kept buying from the same company for a minimum of four years, and nearly half have never taken the time to shop around. Many drivers in Kansas could save themselves 55% a year by just comparing quotes, but they feel it's too difficult to compare rate quotes.
Companies like GEICO, Progressive and Allstate constantly bombard you with TV and radio ads and it can be hard to ignore the promise of big savings and effectively compare rates to find the best deal.
If you are insured now, you should be able to reduce premiums using the ideas covered in this article. Buying the cheapest auto insurance in Overland Park is really not that difficult. Nevertheless, Kansas drivers can benefit by having an understanding of the way insurance companies determine what you pay and use it to find better rates.
Just keep in mind that comparing more prices provides better odds of finding a lower rate. Not every company provides price estimates online, so it's recommended that you also compare price quotes from the smaller companies as well.
The auto insurance companies shown below can provide comparison quotes in Overland Park, KS. If the list has multiple companies, it's highly recommended you visit several of them to find the lowest auto insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Colorado LT 2WD||$116||$192||$376||$22||$112||$818||$68|
|Colorado LT Extended Cab 2WD||$244||$446||$376||$22||$112||$1,200||$100|
|Colorado LT 4WD||$244||$366||$318||$18||$96||$1,042||$87|
|Colorado LT Crew Cab 2WD||$150||$340||$372||$22||$112||$996||$83|
|Colorado LT Extended Cab 4WD||$122||$210||$234||$14||$70||$650||$54|
|Colorado LT Crew Cab 4WD||$214||$366||$248||$14||$74||$916||$76|
|Get Your Own Custom Quote Go|
Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Kansas minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Price information does not factor in specific location which can modify auto insurance rates considerably.
Yearly auto insurance costs for men versus women
The information below compares Chevrolet Colorado auto insurance rates for male and female drivers. The rates are based on no accidents or driving violations, full coverage, $1,000 deductibles, drivers are single, and no additional discounts are factored in.
Rate difference between full and liability-only coverage
The example below visualizes the comparison of Chevrolet Colorado insurance premiums with full physical damage coverage compared to only buying liability only. The rates are based on a clean driving record, no at-fault accidents, $1,000 deductibles, single male driver, and no discounts are applied.
When to drop full coverage
There is no exact formula for excluding physical damage insurance, but there is a general guideline you can use. If the yearly cost of comp and collision coverage is about 10% or more of the vehicle's replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let's say your Chevrolet Colorado book value is $9,000 and you have $1,000 physical damage deductibles. If your vehicle is severely damaged, the most you would receive is $8,000 after the policy deductible has been paid. If you are paying over $800 a year for physical damage coverage, then you may want to consider only buying liability coverage.
There are a few cases where dropping full coverage is not a good idea. If you still have a lienholder on your title, you have to keep full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.
Accidents and violations increase rates
The example below shows how violations and fender-benders drive up Chevrolet Colorado premium costs for different ages of insureds. The premiums are based on a single female driver, comp and collision included, $250 deductibles, and no discounts are factored in.
Car insurance does more than just protect your car
Despite the high cost, insurance may not be optional for several reasons.
First, almost all states have mandatory insurance requirements which means you are required to carry specific minimum amounts of liability if you want to drive legally. In Kansas these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a loan, most lenders will make it mandatory that you have insurance to protect their interest in the vehicle. If you do not pay your insurance premiums, the lender will be forced to insure your Chevy for a much higher rate and force you to pay a much higher amount than you were paying before.
Third, insurance protects not only your vehicle but also your financial assets. Insurance will pay for many types of medical costs incurred in an accident. One of the most valuable coverages, liability insurance, also pays for attorney fees and expenses if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, your policy will pay to restore your vehicle to like-new condition.
The benefits of having car insurance more than cancel out the cost, particularly for liability claims. According to a 2015 survey, the average American driver is overpaying more than $865 each year so it's recommended you shop around at least once a year to save money.
Don't overlook these seven Chevy Colorado insurance discounts
Not too many consumers would say insurance is affordable, but there are discounts available that you may not even be aware of. Some of these discounts will be visible at the time of quoting, but occasionally some discounts must be specially asked for prior to getting the savings. If you aren't receiving every discount you qualify for, you are not getting the best rate possible.
- Discounts for Multiple Vehicles - Buying coverage for multiple vehicles with the same company may reduce the rate for each vehicle.
- Theft Deterrent - Cars, trucks, and SUVs that have factory anti-theft systems are stolen less frequently and will qualify for a discount on a Overland Park auto insurance quote.
- Drivers Education - Cut your cost by having your teen driver enroll in driver's education if it's offered in school.
- Safety Restraint Discount - Buckling up and requiring all passengers to use their safety belts may be able to save a few bucks on the medical payments or PIP coverage costs.
- Military Rewards - Having a deployed family member can result in better premium rates.
- Discounts for Federal Employees - Having worked for a branch of the government could provide a small rate reduction but check with your company.
- Discount for Good Grades - Getting good grades can save 20 to 25%. This discount can apply up until you turn 25.
A quick disclaimer, some of the credits will not apply to the entire cost. Most only apply to specific coverage prices like collision or personal injury protection. Even though it appears all those discounts means the company will pay you, insurance companies wouldn't stay in business.
To see companies with discount insurance rates in Kansas, click here to view.
When to get professional advice
Always keep in mind that when comparing your policy for your personal vehicles, there really isn't a one-size-fits-all type of policy. You are unique.
These are some specific questions might help in determining if you would benefit from an agent's advice.
- Does my car insurance cover rental cars?
- What can I do if my company won't pay a claim?
- Does my medical payments coverage pay my health insurance deductible?
- When should I buy a commercial auto policy?
- Do I benefit by insuring my home with the same company?
- Is a new car covered when I drive it off the dealer lot?
If you don't know the answers to these questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, fill out this quick form.
Car insurance agents near you
A small number of people just prefer to talk to an insurance agent and that is just fine! One of the best bonuses of comparing rate quotes online is you may find cheap insurance rates and still have an agent to talk to.
Upon completion of this short form, your coverage information is transmitted to participating agents in Overland Park who want to provide quotes for your business. It simplifies rate comparisons since you won't have to leave your house because prices are sent immediately to you. You can get cheaper insurance rates without having to waste a lot of time. If for some reason you want to get a rate quote from one company in particular, feel free to visit that company's website and fill out the quote form the provide.
Finding a good insurance company is decision based upon more than just a cheap price. Here are some questions to ask:
- Which family members are covered?
- Is the agent properly licensed in Kansas?
- Are they paid to recommend certain coverages?
- Which companies do they recommend if they are an independent agency?
- Do they see any coverage gaps in your plan?
- Are they able to provide referrals?
- In the event of vehicle damage, can you pick the collision repair facility?
Insurance agent types
If you want a good insurance agency, you need to know there are two different agency structures to choose from. Insurance policy providers may be either exclusive or independent (non-exclusive).
Exclusive Insurance Agents
Exclusive insurance agents write business for a single company like AAA, Allstate, State Farm, or Farmers Insurance. These agents are unable to provide prices from multiple companies so they really need to provide good service. Exclusive insurance agents are highly trained on the products they sell and that allows them to sell at a higher price point.
Shown below are exclusive agencies in Overland Park that can give you rate quotes.
Independent Agencies or Brokers
Agents of this type do not sell for just one brand so they can insure your vehicles with lots of companies and find the cheapest rate. If premiums increase, your agent can just switch to a different company which requires no work on your part.
If you are comparing rate quotes, we highly recommend that you include a few independent agents for maximum quote selection.
The following are independent agencies in Overland Park who can help you get comparison quotes.
Health Insurance Cooperative Agency
7070 W 107th St #200 - Overland Park, KS 66212 - (913) 369-5552 - View Map
Once you have reasonable responses to any questions you have and an acceptable price quote, it's possible that you found an auto insurance agent that is professional and can properly insure your vehicles.
Auto insurance coverages
Learning about specific coverages of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.
Collision coverage protection
Collision coverage will pay to fix damage to your Colorado resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision insurance covers claims like colliding with a tree, backing into a parked car, rolling your car, hitting a mailbox and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. You can also choose a higher deductible on your Colorado to get cheaper collision coverage.
UM/UIM (Uninsured/Underinsured Motorist) coverage
This coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and damage to your Chevy Colorado.
Since many Kansas drivers only carry the minimum required liability limits (Kansas limits are 25/50/10), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family.
Medical payments and PIP coverage
Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like chiropractic care, ambulance fees, doctor visits, pain medications and dental work. They are often used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
Comprehensive auto coverage
Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as vandalism, theft, damage from flooding and a tree branch falling on your vehicle. The maximum amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle's value it's not worth carrying full coverage.
Liability car insurance
Liability coverage provides protection from damage or injury you incur to people or other property. This insurance protects YOU from legal claims by others. Liability doesn't cover damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 25/50/10 which stand for a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and property damage coverage for $10,000.
Liability coverage pays for things like repair bills for other people's vehicles, emergency aid, attorney fees, funeral expenses and structural damage. The amount of liability coverage you purchase is a personal decision, but it's cheap coverage so purchase higher limits if possible. Kansas requires drivers to carry at least 25/50/10 but drivers should carry higher limits.
The most affordable rates come from being thorough
We just presented a lot of tips how to get a better price on Chevy Colorado insurance in Overland Park. The most important thing to understand is the more you quote Overland Park auto insurance, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with the least-expected company.
People change insurance companies for a variety of reasons including being labeled a high risk driver, unfair underwriting practices, an unsatisfactory settlement offer and even poor customer service. No matter why you want to switch, switching auto insurance companies can be less work than you think.
Cheap Chevy Colorado insurance in Overland Park is available from both online companies and with local Overland Park insurance agents, and you should be comparing both to have the best selection. There are still a few companies who may not provide the ability to get a quote online and many times these smaller providers only sell coverage through local independent agencies.
Even more information is located in the articles below:
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for State Employees in Kansas? (FAQ)
- Which Company has the Cheapest Auto Insurance in Liberal, Kansas? (FAQ)
- What is the Cheapest Auto Insurance in Great Bend, Kansas? (FAQ)
- How Much is Kansas Auto Insurance for Unemployed Drivers? (FAQ)
- Who Has Cheap Kansas Auto Insurance Rates for Low Mileage Drivers? (FAQ)
- Which Company has the Cheapest Auto Insurance in Wichita, Kansas? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Low Credit Scores in Kansas? (FAQ)
- What to do at the Scene of an Accident (Insurance Information Institute)
- Car Insurance: When not to Skimp (BankRate.com)
- Rollover Crash FAQ (iihs.org)