Find Cheaper Chevy Colorado Insurance in Virginia Beach

Amazingly, a recent study showed that the vast majority of consumers have remained with the same insurance company for well over three years, and just under half have never even shopped around for cheaper coverage. Many drivers in the United States could save almost 47% a year, but they don’t understand how simple it is to shop around.

Insurance rates Chevy Colorado in Virginia BeachThe recommended way to get more affordable Chevy Colorado insurance is to annually compare prices from different companies who provide car insurance in Virginia Beach. Rates can be compared by following these steps.

A good tip to remember is that you use identical coverages on each quote and to quote with every company you can. Doing this guarantees the most accurate price comparison and a thorough price selection.

If you are paying for car insurance now, you will surely be able to cut your premiums using the concepts you’re about to learn. Comparing quotes for the cheapest car insurance in Virginia Beach is not as hard as you may think. But Virginia consumers must understand how insurance companies determine how much to charge.

Companies offering Chevy Colorado insurance in Virginia

The companies shown below provide price comparisons in Virginia Beach, VA. To locate cheaper auto insurance in Virginia Beach, we recommend you visit as many as you can to get the cheapest price.

Insurance statistics for a Chevy Colorado

The rate information shown next covers a range of coverage costs for Chevy Colorado models. Learning how prices are established can assist in making informed decisions.

Chevrolet Colorado Insurance Rates in Virginia Beach, VA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $158 $372 $334 $20 $100 $984 $82
Colorado LT Extended Cab 2WD $186 $452 $334 $20 $100 $1,092 $91
Colorado LT 4WD $186 $372 $284 $16 $86 $944 $79
Colorado LT Crew Cab 2WD $186 $452 $334 $20 $100 $1,092 $91
Colorado LT Extended Cab 4WD $186 $372 $284 $16 $86 $944 $79
Colorado LT Crew Cab 4WD $212 $452 $284 $16 $86 $1,050 $88
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Premium data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Virginia minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Estimates do not factor in zip code location which can lower or raise price quotes considerably.

Can higher deductibles save money?

One of the most common insurance questions is the level to set your comp and collision deductibles. The rates shown below can help you visualize the cost difference when you select higher and lower physical damage coverage deductibles. The first set of prices uses a $250 deductible and the second price grid uses a $500 deductible.

Chevrolet Colorado insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $148 $276 $258 $16 $78 $801 $67
Colorado LT Extended Cab 2WD $174 $336 $258 $16 $78 $887 $74
Colorado LT 4WD $174 $276 $218 $12 $66 $771 $64
Colorado LT Crew Cab 2WD $174 $336 $258 $16 $78 $887 $74
Colorado LT Extended Cab 4WD $174 $276 $218 $12 $66 $771 $64
Colorado LT Crew Cab 4WD $198 $336 $218 $12 $66 $855 $71
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Chevrolet Colorado insurance rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Colorado LT 2WD $120 $222 $258 $16 $78 $694 $58
Colorado LT Extended Cab 2WD $140 $270 $258 $16 $78 $762 $64
Colorado LT 4WD $140 $222 $218 $12 $66 $658 $55
Colorado LT Crew Cab 2WD $140 $270 $258 $16 $78 $762 $64
Colorado LT Extended Cab 4WD $140 $222 $218 $12 $66 $658 $55
Colorado LT Crew Cab 4WD $162 $270 $218 $12 $66 $728 $61
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Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, claim-free, and safe-driver. Rates do not factor in vehicle garaging location which can influence auto insurance rates noticeably.

Using the premium rates above, we can conclude that using a $250 deductible will cost in the ballpark of $9 more each month or $108 annually than selecting the higher $500 deductible. Because you would be required to pay $250 more out-of-pocket with a $500 deductible as compared to a $250 deductible, if you normally go more than 28 months between claims, you would probably come out ahead by going with a higher deductible.

Careless Virginia Beach drivers pay higher rates

The information below demonstrates how speeding tickets and accidents can affect Chevy Colorado premium costs for different ages of insureds. The premiums assume a married male driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.

Good Decisions Result in Lower Insurance Premiums

When buying car insurance it’s important to understand some of the elements that aid in calculating car insurance rates. If you know what influences your rates, this allows you to make good choices that may reward you with better car insurance rates.

The list below includes some of the most rate-impacting factors companies use to determine prices.

Deter theft and pay less – Owning a car that has a built-in theft deterrent system can help lower your premiums. Theft deterrent systems like GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop auto theft and help lower rates.

Extra coverages are wasting money – There are a lot of additional extra coverages that may not really be needed if you don’t pay attention. Coverages for replacement cost coverage, high-cost glass coverage, and membership fees could be just wasting money. They may seem like a good idea initially, but if they’re wasting money get rid of them and save.

Good credit scores equal low prices – Your credit score is a large factor in calculating your premium rate. Drivers with high credit ratings tend to be less risk to insure than drivers who have lower credit scores. Therefore, if your credit score is lower than you’d like, you may save money insuring your Chevrolet Colorado by spending a little time repairing your credit.

Women tend to cost less – Statistics have proven that females tend to be a little less risky than males. It does not mean women are BETTER drivers than men. Men and women cause auto accidents at a similar rate, but guys cause more damage and cost insurance companies more money. In addition to higher claims, males also get cited for more serious violations such as DWI and reckless driving. Young males are several times more likely to be in an accident and therefore have the most expensive car insurance rates.

The chart below illustrates the difference between Chevy Colorado insurance costs for male and female drivers. The rates are based on no tickets, no at-fault accidents, full physical damage coverage, $100 deductibles, single marital status, and no additional discounts are factored in.

Consolidate policies and save money – Some companies will give lower prices to policyholders who carry more than one policy such as combining an auto and homeowners policy. The amount of the discounts can be ten percent or more. Even with this discount applied, consumers should still compare Chevy Colorado rates in Virginia Beach to ensure the best deal.There is a good possibility that you can find a better deal by insuring with multiple companies.

Chevy Colorado claim probability – Insurers analyze claim trends for every vehicle to calculate a price that will offset losses. Models that tend to have higher loss trends will cost more to insure. The data below shows the loss history for Chevy Colorado vehicles.

For each policy coverage, the loss probability for all vehicles as a whole is a value of 100. Values that are below 100 are indicative of better than average losses, while values over 100 point to more frequent losses or tendency to have higher losses.

Chevrolet Colorado Insurance Loss Statistics
Vehicle Make and Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Chevrolet Colorado Crew Cab 2WD 73 57 64
Chevrolet Colorado Crew Cab 4WD 90 89 86 67
Chevrolet Colorado Ext Cab 2WD 55
Chevrolet Colorado Ext Cab 4WD 67

Empty fields indicate not enough data collected
Statistics from for 2013-2015 Model Years

Cheaper rates on Chevy Colorado insurance in Virginia Beach with these auto insurance discounts

The price of auto insurance can be rather high, but there are discounts available to help bring down the price. Certain reductions will be credited when you purchase, but some need to be asked for before you will receive the discount.Save money with discounts

Just know that most of the big mark downs will not be given to the entire cost. Most only cut the cost of specific coverages such as collision or personal injury protection. So even though you would think having all the discounts means you get insurance for free, company stockholders wouldn’t be very happy.

The example below visualizes the comparison of Chevy Colorado insurance prices with and without discounts applied to the policy rates. The rate quotes are based on a male driver, no claims or driving citations, Virginia state minimum liability limits, full 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, marriage, multi-policy, homeowner, multi-car, and safe-driver discounts applied.

A few of the larger companies and the discounts they provide are detailed below.

Before purchasing a policy, check with each company the best way to save money. Some discounts listed above might not be offered everywhere. To view insurers that offer multiple discounts in Virginia Beach, follow this link.

Get rate quotes but work with a local Virginia Beach insurance agency

A small number of people prefer to talk to an insurance agent and there is nothing wrong with that. A nice benefit of comparing rates online is that you can find cheap car insurance rates but also keep your business local. Supporting local insurance agencies is important particularly in Virginia Beach.

Virginia Beach insurance agentsOnce you complete this short form, your insurance coverage information is emailed to companies in Virginia Beach that provide free Virginia Beach auto insurance quotes to get your business. There is no reason to drive around because quoted prices will be sent to your email. You can find better rates without requiring a lot of work. If you need to quote rates from a specific insurance company, you can always find their quoting web page and give them your coverage information.

Choose an insurance agent wisely

If you need to find a local insurance agency, you must know there are a couple different types of agencies and how they are slightly different. Car insurance agents in Virginia Beach are either exclusive or independent (non-exclusive).

Independent Car Insurance Agents (or Brokers)

Agents of this type are not limited to a single company and that allows them to write policies through many different car insurance companies and find the cheapest rate. To move your coverage to a new company, your agent can switch companies without you having to go to a different agency. When comparing rate quotes, we highly recommend that you get rate quotes from a few independent agents so that you have a good selection of quotes to compare. Most can insure with lesser-known insurance companies which can be an advantage.

Listed below are independent insurance agencies in Virginia Beach who may provide pricing information.

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Exclusive Agencies

These type of agents work for only one company and some examples include State Farm, AAA, and Liberty Mutual. They generally cannot compare other company’s rates so they really need to provide good service. Exclusive insurance agents receive extensive training on the products they sell and that can be a competitive advantage. A lot of people buy from the same agent for years partially due to the brand legacy and the convenience of having all coverages with one company.

The following is a list of exclusive agencies in Virginia Beach who can help you get price quote information.

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Picking an car insurance agent needs to be determined by more than just a low price. These are valid questions to ask:

Different people need different auto insurance coverages

When selecting coverage, there really isn’t a one size fits all plan. You are unique.Safe vehicles cost less to insure

For instance, these questions may help you determine if your situation will benefit from professional help.

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form.

What is YOUR best insurance company?

Drivers change insurance companies for many reasons like high rates after DUI convictions, poor customer service, policy cancellation or delays in responding to claim requests. Regardless of your reason, switching insurance companies is easier than you think.

You just learned many ways to lower your Chevy Colorado insurance rates in Virginia Beach. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even be surprised to find that the best rates are with a lesser-known regional company.

When buying insurance coverage, you should never sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced collision coverage and found out when filing a claim that the small savings ended up costing them much more. Your focus should be to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.

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