- Towing — If your car breaks down, Roadside Assistance pays to tow it anywhere usually within like a 15-mile radius. It also pays to tow your car to the nearest qualified repair facility, even if it’s farther than 15 miles away.
- Flat Tire Change — We’ll send a professional to you who can change your tire and put the spare on while you wait.
- Locksmith Service — If your keys are lost, stolen or locked in the car, Roadside Assistance covers you. We’ll send a qualified service provider to help recover them. If the keys need replacing, you simply pay for the cost of the keys.
- Battery Jump-Start — When your battery dies, we’ll come to you and jump-start it.
- Emergency Fuel and Fluid Delivery — If you run out of gas, you can have fuel delivered to you. You simply pay for the cost of the fuel; delivery and service are free. Same goes if your car overheats: We’ll deliver the necessary fluids to get you running again, and you pay only the cost of the fluids.
If you lease a car in Colorado, you still need to buy your own auto insurance policy. The auto dealer or bank that is financing the car will require you to buy collision and comprehensive coverage in addition to other state-mandated coverages like liability insurance.
Collision covers the damage to the car from an accident with another automobile or object.
- Comprehensive covers a loss that is caused by something other than a collision with another car or object, such as a fire or theft or collision with a deer.
The leasing company may also require “gap” insurance. If you have an accident and your leased car is damaged beyond repair, there could be a difference between the amount that you still owe the auto dealer and the check you’ll get from your insurance company. That’s because the insurance company’s check is based on the car’s actual cash value which takes into account depreciation. The difference between the two amounts is known as the “gap.”
On a leased car, the cost of gap insurance is generally rolled into the lease payments. You don’t actually buy a gap policy. Generally, the auto dealer buys a master policy from an insurance company to cover all the cars it leases and charges you for a “gap waiver.” This means that if your leased car is totaled, you won’t have to pay the dealer the gap amount. Check with the auto dealer when leasing your car.
If you have an auto loan rather than a lease, you may want to buy gap insurance to protect yourself from having to come up with the gap amount if your car is totaled before you’ve finished paying for it. If you have questions about this coverage, please give our office a call.
There are a number of key factors most insurance companies use to calculate how much you’ll end up paying for your car insurance.
The coverages you choose, where you live, the kind of car you drive, how your car is used, how far it is driven, and who drives the car impact the cost of your car insurance. Below is a look seven key factors that affect your car insurance premiums, as well as some suggestions for keeping the costs down:
1. Your Coverage And Deductibles
Car insurance providers allow you to choose your deductible and decide whether to add additional coverage that isn’t necessarily required by the laws in your state. The specifics of your coverage and deductibles play a major role in your monthly payment.
Additional coverage gives you added financial protection, depending on the claim, but will also add to your monthly costs. Remember that while adjusting your deductible will affect your premiums, the differences in premiums are usually very small.
2. What You Drive
Some insurers increase premiums for cars more susceptible to damage, occupant injury, or theft, and lower rates for those that fare better than the norm.
Some SUVs, for example, rate highly in terms of driver protection and passenger protection, which means discounts on insurance. While some small cars will cost more because of their lower-than-average safety ratings and desirability to car thieves make them more expensive to insure.
3. How Often, And How Far, You Drive
People who use their car for business and long-distance commuting normally pay more than those who drive less. The more miles you drive in a year, the higher the chances of an accident – regardless of how safe a driver you are. If you reduce your total annual driving mileage enough, you may lower your premiums.
4. Where You Live
Generally, due to higher rates of vandalism, theft, and accidents, urban drivers pay more for car insurance than do those in small towns or rural areas.
5. Your Driving Record
Drivers who cause accidents generally must pay more than those who are accident-free for several years.
And even though you can’t rewrite your driving history, having an accident on your record can be an important reminder always to drive with caution and care. As time goes on, the effect of past accidents on your premiums will decrease.
6. Your Credit History
It has been shown certain credit information helps predict future insurance claims. Where applicable, many insurance companies use credit history to help determine the cost of car insurance. Maintaining good credit can have a positive impact on the cost of your car insurance.
7. Your Age, Sex, And Marital Status
Accident rates are higher for all drivers under age 25, especially young males and single males. Insurance prices in most states reflect these differences.
If you’re a student, you might also be in line for a discount. Most car insurers provide discounts to student-drivers who maintain good grades. In some states, younger drivers are also able to take driver safety courses that will lower premiums.
Will my insurance cover renting a car after an accident?
Unfortunately, many drivers are surprised to find out that their auto insurance policy doesn’t cover the cost of a rental car while their vehicle is being repaired. And since cars are in the repair shop an average of two weeks after an accident, it can cost as much as $500 to rent a vehicle during that timeframe. However, for drivers with rental reimbursement insurance coverage, the cost of renting the vehicle is little or nothing.
Rental reimbursement coverage is one of the cheapest coverage options you can select for your insurance policy. At a cost of only $15 to $30 per year, we recommend that all of our clients add this coverage to their auto insurance policy.
This becomes especially handy in situations where you were not at fault in an accident, but the other party’s auto insurance company is still working out the claim details. Rather than wait for the rental car approval, you can rent a vehicle on your policy and have the other party’s insurance
Denver Auto Insurance Quotes
If you are looking for Denver auto insurance quotes that will save you money on your premiums without losing any of the important insurance coverages, then The Holste Agency is your best choice. Our team of expert agents will provide you with multiple money-saving insurance quotes from a variety of top-rated insurance companies.
We know all of the available insurance discounts that will maximize your potential insurance premium savings and we will show you how to take advantage of each one of them.
Additionally, we take great pride in our customer service. So you if you have a question or concern with your monthly bill, coverage, or a claim, we will be here to guide you along the way.
Please feel free to give our office a call for your FREE Insurance quotes, or you can visit our ‘Get a Quote’ page here.