Want the cheapest insurance rates in Aurora, CO? Confused by the crazy number of insurance providers available to you? There are such a vast assortment of providers available that it is a difficult challenge to find the perfect company for you. Aurora is the perfect city to reside in, but high insurance prices can make it hard for many residents to make ends meet.

A recent NerdWallet.com study revealed that almost 70% of drivers in Colorado have stayed with the same insurance company for more than four years, and nearly the majority have never shopped around. American drivers could save themselves as much as 47% a year just by shopping around, but they underestimate the amount of money they would save if they bought a different policy.

Earn discounts on Aurora car insurance

Some providers don't necessarily list every discount in a way that's easy to find, so here is a list some of the best known as well as some of the hidden credits that may apply to you.Save money with discounts

As a sidenote, most credits do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as medical payments or collision. So when it seems like you would end up receiving a 100% discount, it just doesn't work that way.

If you would like to view car insurance companies with significant discounts in Aurora, click here to view.

To get the cheapest Aurora auto insurance quotes, there a variety of ways of comparing rates from car insurance companies in your area. The best way to compare insurance prices consists of shopping online. Just keep in mind that comparing more prices helps you find lower pricing.

The companies in the list below offer quotes in Colorado. If the list has multiple companies, it's a good idea that you visit several of them to get the cheapest price.

Insurance Cost Estimates for Popular Vehicles in Aurora
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT 2WD $840 $420 $70
Chevrolet Impala LTZ $1,128 $564 $94
Chevrolet Silverado LS Regular Cab 4WD $1,028 $514 $86
Dodge Grand Caravan Crew $1,374 $687 $115
Dodge Ram Quad Cab Sport 2WD $1,286 $643 $107
Ford Escape XLS 4WD $908 $454 $76
Ford F-150 Lariat Super Cab 4WD $1,132 $566 $94
Ford Focus SES 4-Dr Sedan $1,432 $716 $119
GMC Sierra SLT Crew Cab 4WD $1,786 $893 $149
Honda Accord LX-S 2-Dr Coupe $920 $460 $77
Honda CR-V LX 2WD $1,028 $514 $86
Honda Civic SI 2-Dr Coupe $1,396 $698 $116
Nissan Altima 2.5 S 2-Dr Coupe $1,424 $712 $119
Nissan Rogue SL 2WD $1,314 $657 $110
Toyota Camry Hybrid $1,594 $797 $133
Toyota Corolla XRS $1,022 $511 $85
Toyota Prius $1,138 $569 $95
Toyota RAV4 4WD $1,064 $532 $89
Get Your Own Custom Quote Go

Above prices assume single male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, multi-policy, and safe-driver. Rate quotes do not factor in specific zip code location which can modify prices noticeably.

Higher deductibles save money

The chart below highlights how deductible selection and can affect Ford Focus insurance costs for different ages of insureds. The data is based on a single female driver, full coverage, and no policy discounts are applied.

Ford Focus rates are for example purposes only. To get rates for your specific vehicle, click here.

Does it make sense to buy full coverage?

The chart below examines Chevrolet Malibu auto insurance costs with full coverage compared to only the Colorado minimum liability coverage. The rate quotes are based on no claims, a clean driving record, $250 deductibles, married female driver, and no policy discounts are applied.

Chevrolet Malibu rates are for example purposes only. To get rates for your specific vehicle, click here.

When to stop buying comprehensive and collision coverage

There is no definitive formula to stop buying physical damage insurance, but there is a general convention. If the annual cost of coverage is more than around 10% of the settlement you would receive from your company, then you may want to consider only buying liability coverage.

For example, let's pretend your Chevrolet Malibu replacement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $4,000 after the policy deductible has been paid. If it's costing in excess of $400 a year for your policy with full coverage, then it's probably a good time to buy liability coverage only.

There are some cases where eliminating full coverage is not in your best interest. If you haven't paid off your loan, you have to keep full coverage to protect the lienholder's interest. Also, if you can't afford to buy a different vehicle if your current one is in an accident, you should not remove full coverage.

Local agents and auto insurance

Some consumers prefer to get advice from a local agent and that is just fine! One of the best bonuses of comparing rate quotes online is that you can find cheap auto insurance rates and still have a local agent.

After filling out this quick form, the quote information is transmitted to agents in your area who will give competitive quotes for your coverage. It simplifies rate comparisons since you won't have to contact any insurance agencies as quotes are delivered directly to your email. You can find lower rates and a licensed agent to talk to. If you wish to get a comparison quote from a specific company, just visit that company's website and fill out the quote form the provide.

Finding the right provider should depend on more than just the bottom line cost. Before buying a policy in Aurora, get answers to these questions.

Car insurance coverage information

Knowing the specifics of your policy aids in choosing the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and nobody wants to actually read their policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they are uninsured or don't have enough coverage. It can pay for injuries sustained by your vehicle's occupants as well as damage to your vehicle.

Since many Colorado drivers only carry the minimum required liability limits (which is 25/50/15), their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Liability insurance

Liability coverage protects you from injuries or damage you cause to other's property or people that is your fault. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 25/50/15 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $15,000 for damage to vehicles and property.

Liability coverage protects against claims such as medical services, pain and suffering and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford. Colorado requires minimum liability limits of 25/50/15 but you should consider buying more liability than the minimum.

Collision protection

This coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as damaging your car on a curb, driving through your garage door, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also choose a higher deductible to save money on collision insurance.

Comprehensive auto coverage

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, hitting a deer, theft and a broken windshield. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle's value is low it's not worth carrying full coverage.

Medical payments and PIP coverage

Med pay and PIP coverage reimburse you for short-term medical expenses such as X-ray expenses, chiropractic care, pain medications and ambulance fees. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Claim statistics by make and model

Which makes and models have the most claims? The following tables show the worst and best vehicle makes and models for overall likelihood of filing claims for each type of coverage listed.

Auto Insurance Liability Claims by Vehicle Model
Lowest Claim Amount Highest Claim Amount
Volvo XC60 Hyndai Accent
Audi A6 Chrysler 200
Mercedes-Benz SL Class Mitsubishi Lancer
Subaru Forester Chevrolet Cruze
Acura MDX Chevrolet Impala
Subaru Outback Kia Rio

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Vehicles with the Lowest and Highest Car Insurance Collision Claims
Lowest Claim Amount Highest Claim Amount
Smart ForTwo Nissan GT-R
Nissan Xterra BMW 6 Series
Jeep Wrangler Maserati Granturismo
Chevrolet Colorado Ferrari 458
Ford F-250 SuperCab Bently Continental GT
Ford F-150 SuperCrew Maserati Ghibli

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Comprehensive Insurance Claims by Manufacturer Model
Lowest Claim Amount Highest Claim Amount
Nissan Xterra Porsche Panamera GTS
Smart ForTwo Bentley Continental GTC
GMC Sierra 2500 Mercedes-Benz S Class
Nissan Leaf Maserati Granturismo
Chevy Spark Maserati Quattroporte
Volvo V60 Bentley Continental GT

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Medical Payment Claims by Vehicle Make and Model
Lowest Claim Amount Highest Claim Amount
Ford Expedition Nissan Versa
Chevrolet Corvette Mitsubishi Lancer
Audi A4 Allroad Chevrolet Spark
Ford F-350 SuperCrew Chrysler 200
Ford F-250 SuperCrew Chevrolet Sonic
Land Rover Range Rover Sport Kia Forte

Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

What is YOUR best insurance company?

Insureds switch companies for many reasons like policy non-renewal, extreme rates for teen drivers, high prices and not issuing a premium refund. Regardless of your reason, finding a new company can be less work than you think.

A few companies may not offer online quoting and usually these smaller providers prefer to sell through independent agencies. Cheap car insurance in Aurora can be sourced both online as well as from independent agents in Aurora, so you need to compare both in order to have the best price selection to choose from.

In this article, we presented some good ideas how to reduce car insurance premium rates online in Aurora. It's most important to understand that the more providers you compare, the better likelihood of getting low cost Aurora auto insurance quotes. Drivers may even discover the biggest savings come from the least-expected company.

More tips and info about car insurance is located by following these links: