It’s safe to assume that car insurance companies don’t want customers comparing rates. Consumers who shop around for cheaper rates will, in all likelihood, move their business because they have good chances of finding lower prices. Remarkably, a study showed that consumers who shopped around saved as much as $850 each year compared to policyholders who don’t make a habit of comparing rates.
If finding the lowest price on Tesla Model X insurance is the reason you’re reading this, then having some knowledge of how to get free comparison quotes and analyze insurance premiums can make the process less intimidating.
The easiest way to save on Tesla Model X insurance is to start comparing prices yearly from providers who sell insurance in Aurora. You can compare rates by completing these steps.
- Step 1: Try to learn a little about the coverage provided by your policy and the measures you can control to keep rates low. Many risk factors that result in higher prices such as speeding tickets, accidents and poor credit history can be rectified by making minor driving habit or lifestyle changes.
- Step 2: Get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only give prices from one company like GEICO and Allstate, while agents who are independent can quote rates from multiple companies. View rates
- Step 3: Compare the quotes to your existing coverage and see if there is a cheaper rate in Aurora. If you find a lower rate quote and switch companies, ensure there is no coverage lapse between policies.
- Step 4: Notify your company or agent of your decision to cancel your current coverage and submit a down payment and signed policy application to your new insurance company. Immediately upon receiving it, safely store the proof of insurance certificate with the vehicle registration.
The key thing to remember is to compare the same physical damage deductibles and liability limits on each quote request and and to get rates from as many companies as feasibly possible. This enables the most accurate price comparison and plenty of rates choose from.
Finding a lower price on Tesla Model X insurance is surprisingly easy. The only requirement is to take a few minutes comparing rate quotes to discover which company has affordable Tesla Model X insurance quotes.
Getting quotes online is very simple and it takes the place of having to actually drive to different Aurora agent offices. The internet can eliminate the need for a local agent unless your situation requires the professional assistance of a licensed agent. However, consumers can compare online quotes but have a local agent actually write the policy.
The companies in the list below have been selected to offer free rate quotes in Aurora, CO. If you want the cheapest car insurance in Colorado, we suggest you visit two to three different companies to get a more complete price comparison.
Save with these discounts on Tesla Model X insurance in Aurora
Companies don’t always advertise their entire list of discounts very well, so the list below details some of the best known and also the more inconspicuous discounts that you may qualify for.
- Discounts for Good Drivers – Drivers who don’t get into accidents may save up to 50% more than less cautious drivers.
- Senior Citizen Rates – Older drivers are able to get lower premium rates.
- Paper-free Discount – A handful of larger companies may give you up to $50 for signing up on their website.
- Seat Belt Usage – Forcing all vehicle occupants to buckle their seat belts can save up to 15% on the medical payments or PIP coverage costs.
- Fewer Miles Equal More Savings – Low mileage vehicles may enable drivers to earn lower rates due to less chance of an accident.
- College Student – Older children who are attending college and do not take a car to college can receive lower rates.
- Policy Bundle Discount – If you insure your home and vehicles with one company you could get a discount of nearly 15% which can help you find inexpensive Tesla Model X insurance in Aurora.
Just know that most of the big mark downs will not be given to the entire cost. Some only reduce specific coverage prices like liability and collision coverage. So even though it sounds like adding up those discounts means a free policy, companies don’t profit that way.
A list of insurance companies and some of the discounts can be found below.
- State Farm offers discounts for Steer Clear safe driver discount, accident-free, multiple policy, driver’s education, passive restraint, good driver, and multiple autos.
- Nationwide offers discounts including business or organization, anti-theft, accident-free, family plan, multi-policy, good student, and easy pay.
- GEICO includes discounts for emergency military deployment, five-year accident-free, military active duty, driver training, and daytime running lights.
- AAA has discounts for education and occupation, pay-in-full, good student, multi-car, and anti-theft.
- 21st Century may include discounts for student driver, air bags, teen driver, defensive driver, good student, anti-lock brakes, and automatic seat belts.
- The Hartford offers premium reductions for anti-theft, good student, bundle, vehicle fuel type, and defensive driver.
Check with all the companies what discounts are available to you. All car insurance discounts might not apply in Aurora. To see a list of insurers with discount rates in Colorado, click here to view.
Aurora car insurance company ratings
Finding a high-quality insurer is difficult considering how many companies there are to choose from in Aurora. The company rank data shown below may help you analyze which auto insurers you want to consider purchasing from.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| USAA | 98 | 100 | 100 | 94% | A++ | 98.6 |
| American Family | 98 | 89 | 100 | 86% | A | 95.4 |
| State Farm | 88 | 93 | 96 | 90% | A++ | 92.4 |
| The Hartford | 94 | 92 | 90 | 89% | A+ | 91.7 |
| AAA Insurance | 88 | 89 | 95 | 91% | A | 91.2 |
| GEICO | 84 | 93 | 93 | 89% | A++ | 90.3 |
| The General | 89 | 91 | 89 | 88% | A- | 90 |
| Titan Insurance | 90 | 87 | 91 | 95% | A+ | 89.6 |
| Progressive | 84 | 91 | 93 | 87% | A+ | 89.5 |
| Allstate | 85 | 90 | 92 | 88% | A+ | 89.3 |
| Nationwide | 87 | 88 | 84 | 90% | A+ | 88.7 |
| Liberty Mutual | 84 | 87 | 93 | 88% | A | 88.5 |
| 21st Century | 85 | 86 | 87 | 88% | A | 86.7 |
| Esurance | 85 | 80 | 95 | 87% | A+ | 85.9 |
| Safeco | 85 | 85 | 85 | 86% | A | 85.8 |
| Travelers | 80 | 87 | 87 | 83% | A++ | 85.2 |
| Farmers Insurance | 78 | 87 | 88 | 79% | A | 84.3 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
How do Insurance Companies Determine Tesla Model X Insurance Premiums?
One of the most helpful ways to save on car insurance is to to have a grasp of some of the things that are used to determine car insurance rates. If you know what impacts premium levels, this enables you to make decisions that may result in much lower annual insurance costs. Many factors are part of the equation when quoting car insurance. Some are pretty understandable like an MVR report, but some are more obscure like your continuous coverage or how financially stable you are.
Incidental coverages you don’t use – Policies have extra coverages that may not really be needed but may not be useful. Things like replacement cost coverage, better glass coverage, and extra equipment coverage are probably not needed. These may sound like a good investment when buying your policy, but your money might be better spent on other coverage so think about removing them and cutting costs.
Pleasure use or commuting – Driving more miles in a year the higher your rates will be. Many insurance companies price each vehicle’s coverage based upon how the vehicle is primarily used. Cars and trucks that do not get driven very much receive better premium rates as compared to vehicles used primarily for driving to work. It’s a good idea to make sure your car insurance declarations sheet reflects the correct driver usage. An improperly rated Model X may be wasting your money.
Getting married can lower prices – Your spouse actually saves money on car insurance. Having a significant other may mean you are more mature and responsible it has been statistically shown that being married results in fewer claims.
Companies want multiple policies – The majority of insurance companies will give lower prices to customers who consolidate policies with them such as combining an auto and homeowners policy. Even if you qualify for this discount already, it’s in your best interest to compare other company rates to confirm you are receiving the best rates possible.There is a chance you can save more without the discount by buying car insurance from a different company.
Credit history impacts premium prices – An insured’s credit score is a big factor in determining premium rates. Drivers who have very high credit ratings tend to file fewer claims and have better driving records than drivers who have lower ratings. If your credit score leaves room for improvement, you could pay less to insure your Tesla Model X by repairing your credit.
Traffic violations will cost you – Even a single driving citation could increase your next policy renewal forty percent or more. Good drivers get better prices as compared to careless drivers. Drivers who get serious violations like reckless driving, hit and run or driving under the influence may be required to complete a SR-22 with their state’s licensing department in order to continue driving.
Experienced drivers save more – Teen drivers in Colorado have a tendency to be careless and easily distracted when at the wheel of a vehicle so they pay higher car insurance rates. Having to add a teen driver onto your car insurance can be quite pricey. More experienced drivers tend to be more responsible, cost insurance companies less in claims, and tend to be get fewer driving tickets.
Prevent car insurance policy lapses – Driving without insurance is against the law and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. And not only will your rates increase, being ticketed for driving with no insurance will get you a fine, jail time, or a revoked license. Then you may be required to provide proof of insurance in the form of an SR-22 filing with the Colorado motor vehicle department.