Finding affordable auto insurance in Colorado can be challenging, especially if you have a bad driving record. However, it’s still possible to secure a decent policy at a lower price. Here are some strategies that can help you get cheap auto insurance, even with a less than perfect driving history.
Understand Your Driving Record
Before you start shopping for insurance, it’s crucial to know what’s on your driving record. Obtain a copy from the Colorado Division of Motor Vehicles (DMV). This will give you a clear idea of any points, accidents, or violations. Understanding your record can help you anticipate how insurers might view you when determining your rates.
Shop Around for Quotes
Different insurance providers have different criteria for assessing risk, which means rates can vary significantly. Make sure to get quotes from multiple insurers to find the best deal. Use online comparison tools or work with an independent agent who can help you navigate your options.
Look for Discounts
Many insurance companies offer discounts that you might qualify for, even with a bad driving record. Some common discounts include:
- Multi-policy Discounts: If you bundle your auto insurance with home or renters insurance, you could save money.
- Defensive Driving Courses: Completing a state-approved defensive driving course may help reduce your premiums.
- Good Student Discounts: If you’re a student maintaining good grades, this could also lower your rates.
Consider Pay-Per-Mile Insurance
If you don’t drive much, pay-per-mile insurance could be a more affordable option. With this type of policy, you pay a base rate plus a per-mile charge. This is particularly useful if you have a bad driving record and want to minimize costs while limiting your driving.
Increase Your Deductible
Raising your deductible can lead to lower monthly premiums. However, be cautious; while this strategy can save money, ensure that you have enough savings to cover the deductible in the event of a claim.
Maintain Continuous Coverage
Letting your insurance lapse can further complicate your situation. Insurance companies view gaps in coverage as a sign of higher risk, potentially leading to higher rates when you seek new coverage. Maintaining continuous coverage can help you keep your premiums lower.
Improve Your Driving Habits
Taking steps to improve your driving behavior can positively impact your insurance rates over time. Obey traffic laws, avoid distracted driving, and consider enrolling in a reputable safety course. By demonstrating improved driving habits, you may qualify for lower rates in the future.
Consult with an Insurance Agent
Working with a qualified insurance agent can be beneficial, as they can help you navigate the complexities of auto insurance and advocate on your behalf. They may know about specialized programs or options available to high-risk drivers in Colorado.
Check for State Programs
In some cases, Colorado may have programs designed to assist drivers with bad records. Research if there are any state-run initiatives or non-profit options available that could provide you with additional insurance alternatives.
By utilizing these strategies, you can find a more affordable auto insurance policy even with a bad driving record in Colorado. Always ensure that you’re getting the best coverage for your needs while staying within your budget.
