Cheapest Ford F-250 Insurance in Denver

Tired of being strong-armed to insure your Ford every month? You are no different than most other people in Colorado.

Unthinkable but true, a large majority of insurance policyholders kept buying from the same company for more than four years, and approximately 40% of consumers have never even shopped around for cheaper coverage. Colorado drivers could save themselves $610 a year by just comparing rate quotes, but they just feel it’s too hard to save money by comparing rate quotes.

Popular companies such as Progressive, GEICO and Farmers Insurance promote their brand names with advertising and it is challenging if not impossible to see through the deception and effectively compare rates to find the best deal.

It’s important to get comparison quotes occasionally due to the fact that insurance prices are rarely the same from one policy term to another. Even if you think you had the lowest price on Ford F-250 insurance in Denver a few years ago other companies may now be cheaper. There is a lot of bad information regarding F-250 insurance online, but we’re going to give you a bunch of ideas how to buy insurance cheaper in Denver.

If you currently have a car insurance policy, you will definitely be able to lower your rates using the concepts you’re about to learn. Finding affordable auto insurance coverage in Denver is much easier if you know where to start. Although Colorado consumers do need to know how companies market on the web because rates are impacted by many factors.

Cheap companies for Ford F-250 insurance in Colorado

The car insurance companies shown below provide quotes in Denver, CO. If multiple providers are shown, we recommend you compare several of them to get the most affordable price.

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Estimates do not factor in garaging location in Denver which can increase or decrease coverage prices noticeably.

Should you buy full coverage?

The information below shows the comparison of Ford F-250 premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The prices are based on no claims, a clean driving record, $500 deductibles, married female driver, and no additional discounts are factored in.

When to drop comp and collision

There is no set guideline that works best for making the decision to drop comp and collision coverage, but there is a guideline you can consider. If the annual cost of your full coverage insurance is about 10% or more of the vehicle’s replacement cost less your deductible, the it may be a good time to stop paying for full coverage.

For example, let’s say your Ford F-250 replacement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $3,000 after the deductible is paid. If you are currently paying more than $300 annually to have full coverage, then you might want to think about dropping full coverage.

There are some scenarios where dropping physical damage coverage is not in your best interest. If you haven’t satisfied your loan, you have to maintain full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is in an accident, you should keep full coverage.

Do you qualify for discounts on Ford F-250 insurance in Denver?

Some providers don’t list every possible discount very well, so we researched some of the more common and also the more inconspicuous discounts that may be available.

• Discounts for Federal Employees – Federal government employees could cut as much as 10% off with select insurance companies.
• Life Insurance Discount – Some car insurance companies give a small discount if you purchase life insurance.
• Discount for Home Ownership – Owning your own home or condo may earn you a small savings because maintaining a house requires personal responsibility.
• Active Military Service – Having an actively deployed family member could trigger a small discount.
• College Student – Youth drivers who attend college more than 100 miles from Denver and do not have access to a covered vehicle could qualify for this discount.
• Defensive Driver Discounts – Taking time to complete a driver safety course could earn you a small percentage discount and also improve your driving technique.
• Accident Forgiveness Coverage – This one is not really a discount per se, but some companies like Progressive, Allstate, and Liberty Mutual permit an accident before your rates go up so long as you are claim-free for a certain period of time.

As a disclaimer on discounts, some credits don’t apply to the whole policy. Most only cut the cost of specific coverages such as collision or personal injury protection. Just because you may think all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

To see a list of insurance companies that offer multiple discounts in Colorado, click here.

When to have guidance from an agent

A small number of people prefer to go talk to an agent and often times that is recommended An additional benefit of getting free rate quotes online is you may find lower premium rates and still buy from a local agent. Buying insurance from small agencies is definitely important in Denver.

After completing this form (opens in new window), your information is submitted to local insurance agents who will give you quotes to get your business. It’s much easier because you don’t need to contact any insurance agencies as quotes are delivered instantly to you. You can get cheaper insurance rates and work with a local agent. In the event you want to compare prices for a specific company, just go to their quote page and complete a quote there.

Types of auto insurance agents

If you are wanting to purchase insurance from a reliable agent, it’s helpful to know the different types of agencies and how they can quote your rates. Insurance agencies in Denver are considered either independent agents or exclusive agents.

Independent Insurance Agents

Agents of this type often have affiliation with several companies so they have the ability to put coverage through many companies and possibly get better coverage at lower prices. If you are not satisfied with one company, they simply move the coverage in-house without you having to go to a different agency. When searching for an agent, you should always compare quotes from at least one independent agent to ensure the widest selection of prices.

Below is a short list of independent insurance agents in Denver that may be able to give comparison quotes.

More Denver agents

Exclusive Insurance Agencies

Exclusive agencies can only write with one company such as AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agencies are unable to provide prices from multiple companies so they really need to provide good service. Exclusive agents are usually well trained on their products and sales techniques which helps them sell on service rather than price.

Listed below is a short list of exclusive insurance agencies in Denver who can help you get rate quotes.

More Denver agents

Finding the right insurance agency is decision based upon more than just the bottom line cost. The following questions are important to ask.

• By raising physical damage deductibles, how much would you save?
• Are you getting all the discounts the company offers?
• Do they offer accident forgiveness?
• Are they able to influence company decisions when a claim is filed?
• Do the agents have professional certifications like CPCU or CIC?
• Can glass repairs be made at your home?

After you get acceptable answers to all your questions and a good coverage price, you have narrowed it down to an insurance agency that is professional and can insure your vehicles. It’s important to know that consumers can cancel your policy whenever you choose to so don’t think that you’re stuck with a specific agent indefinitely.

Don’t listen to company ads

Auto insurance providers like State Farm, GEICO and Progressive endlessly run ads in print and on television. All the ads make the point about how much you will save just by switching your auto insurance policy to them. How do they all charge you a lower premium? It’s all in the words they use.

All companies can use profiling for the type of driver that will most likely be profitable. For instance, a profitable risk profile might have to be over the age of 40, has a low-risk occupation, and has a high credit rating. Any customer who matches that profile will probably get the lowest prices and have a good chance to save money with a new company.

People who fall outside those criteria must pay a higher rate with the end result being the customer buying from someone else. If you pay close attention to the ads, they say “customers who switch” not “everybody who quotes” can get the lowest rates when switching. That is how companies can truthfully make those claims.

This really drives home the point why you really should do a price quote comparison at every renewal. It is impossible to predict the company that will provide the lowest Ford F-250 insurance in Denver.

What is the best car insurance coverage?

When selecting coverage for your personal vehicles, there isn’t really a one size fits all plan. Your situation is unique and your car insurance should be unique as well.
For instance, these questions could help you determine whether you would benefit from professional advice.

• Should I get collision insurance on every vehicle?
• Is my custom paint covered by insurance?
• When can my company non-renew my policy?
• Does my car insurance cover rental cars?
• Is pet coverage available?
• Is business equipment covered while in my vehicle?
• What exactly is covered by my policy?

If it’s difficult to answer those questions, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Educate yourself about auto insurance coverages

Understanding the coverages of your policy aids in choosing the best coverages at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the normal coverages found on the average auto insurance policy.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits (which is 25/50/15), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these limits are set the same as your liability limits.

Liability car insurance

This will cover damage that occurs to people or other property 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 25/50/15 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $15,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as repair costs for stationary objects, repair bills for other people’s vehicles, medical expenses, pain and suffering and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but buy higher limits if possible. Colorado requires minimum liability limits of 25/50/15 but you should think about purchasing more liability than the minimum.

Comprehensive auto insurance

This will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as rock chips in glass, vandalism, damage from a tornado or hurricane and damage from flooding. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for expenses for prosthetic devices, funeral costs and X-ray expenses. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Collision insurance

Collision coverage pays for damage to your F-250 from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, crashing into a building and colliding with another moving vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible on your F-250 to save money on collision insurance.

Find cheap rates by being thorough

Low-cost Ford F-250 insurance in Denver is attainable online and from local insurance agents, so you should compare both in order to have the best chance of saving money. There are still a few companies who may not have online quoting and usually these smaller providers sell through independent agents.

When searching for affordable Denver auto insurance quotes, make sure you don’t sacrifice coverage to reduce premiums. There are a lot of situations where an accident victim reduced collision coverage and learned later that the savings was not a smart move. Your goal is to buy the best coverage you can find for the lowest cost, not the least amount of coverage.

We just showed you some good ideas how to find lower-cost Ford F-250 insurance in Denver. The most important thing to understand is the more quotes you get, the higher your chance of finding affordable Ford F-250 insurance quotes. You may even be surprised to find that the lowest rates come from a company that doesn’t do a lot of advertising. They often have lower car insurance rates on specific markets compared to the large companies like Allstate and Progressive.

To read more, link through to these articles:

• Understanding your Policy (NAIC.org)
• Who Has Affordable Denver Auto Insurance Rates for State Employees? (FAQ)
• Who Has Affordable Denver Auto Insurance Rates for a Ford Explorer? (FAQ)
• Side Impact Crash Tests (iihs.org)
• Vehicle Size and Weight FAQ (iihs.org)
• Older Driver Statistics (Insurance Information Institute)