Going on our blog post from last week about the insurance discounts available to Denver and Arvada residents, this week we wanted to share with our Denver and Arvada residents the auto insurance discounts that are available to them:
1. Multi-Policy Discount.  Just like for homeowners, the quickest and easiest policy discount is the multi-policy discount that you can obtain simply by combining your home and auto insurance policies.
2. Multi-Car Discount. By insuring multiple cars with the same insurance company on the same policy, you will be eligible for reductions on your premiums.
3. Passive Restraint.  Purchasing a vehicle with factory-installed safety belts and air bags will qualify for a discount.
4. Antilock Brakes.  Factory-installed antilock brakes on all four wheels will help as well.
5. Anti-Theft Devices.  Active and passive disabling devices like alarms or vehicle recovery devices will add significant premium discounts to your auto policy.
6. Good Student Discount.  If you have teen drivers in your household, you will want to see if you can qualify for a good student premium discount.   Usually maintaining a B or equivalent grade point average.
7. Low Mileage Discount. One of the biggest discounts available is the low mileage discount.   Many insurance companies will reduce your premiums significantly for driving your vehicle less.
If you have any questions on the discounts available to you for your auto insurance, of if you would like to receive quotes on your autos, please feel free to contact our office.

If you are an Arvada or Denver resident have you ever wondered how your insurance premiums are actually calculated?
Auto insurance premiums can vary widely and many people simply don’t understand how their auto insurance premiums are actually calculated.
The following blog will hopefully give you some insight into how your auto insurance premiums are calculated and what you can do to save money.

1. Credit History
For many insurance companies, your credit score is the most important factor in calculating your auto insurance premium.  Insurance companies have found a direct correlation between credit scores and the likelihood of a person filing a claim.
2. Driving Record.
This should come as no surprise that a better driving record will pay less in insurance premiums.   Additionally new drivers without any driving history will also pay more in insurance premiums.
3. Vehicle Usage
This is one of the items we have found that most people don’t realize has a dramatic effect on their insurance premiums.  If you put a lot of miles on your car every year, your auto insurance premiums will be higher than others.   This is because the more time your vehicle spends on the road, the more likely it is to be involved in an accident.
4. Zip Code
Where you live and where the car is parked can affect the cost of your insurance. Generally, due to higher rates of vandalism, theft and accidents, urban drivers pay a higher auto insurance price than those in small towns or rural areas.
Additionally, if you live in a state with frequent litigation and higher plaintiff awards for damages then you will also pay more in auto insurance premium.
4. Age
Insurance companies charge more in premium for less experienced drivers.   Generally, if you are below age 25 (and especially if you are 18 years of age or less) then auto insurance will cost you more than other more mature drivers.
5. Type of Car
The type of car you drive will have a dramatic effect upon your auto insurance premiums.  In addition to factors like the likelihood of theft, insurance companies also take into account other variables like average repair costs and replacements part for the vehicle.


If you are interested in finding out more about how your auto insurance premiums are calculated; or, if you would like to receive an auto insurance quote, please feel free to contact our office or you can click here.

If you are looking for a Denver auto insurance quote, then The Holste Agency can help you out.  We are an independent insurance agency, which means we can get you multiple insurance quotes from a variety of the top insurance companies to ensure you aren’t paying any more on your insurance than you have to.
In fact, we have an online quote tool where you can input the information yourself and get multiple Denver auto insurance quotes back in just a few minutes.
Or if you would like you can call our office directly and our friendly, knowledgeable staff will help you get the best Denver auto insurance quote possible.
If you would like to get started with our Denver auto insurance online quote tool, please just click here.