Colorado Auto Insurance Discounts

There are a number of discounts available to CO drivers that can save them valuable money on auto insurance. The best tip is simply to shop around. Don't settle for the first quote you get, regardless of how cheap you may be think the policy is.



Higher Deductible
Increasing your minimum deductible can reduce your insurance premium by a decent amount. Only increase your deductible to an amount that you will be able to pay out of your own pocket in case you get into an accident no matter if you are at fault or not.

Colorado Auto & Home Insurance Combo Savings
Insurance companies in Colorado will usually give discounts close to 20% when insuring your home and automobile with the same company. When applying for a free online quote, see how much an auto and homeowners insurance combo package can save you.

Lowering Coverage
Some drivers who have older cars may want to consider lowering or even getting rid of their physical damage coverage. This can save more money on your premium.

Multiple Car Discounts
Families who insure multiple vehicles through the same insurance company in Colorado will receive a discount that reduces their car insurance policy.

Good Student Discount
If you or your children are in school, they may qualify for a good student discount. The requirement will vary from ins. company but most will require a 3.0 GPA.

The most important tip is to be sure the auto insurance company is licensed by the Colorado Division of Insurance!