Monument, CO Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Monument, CO, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Factors that can influence the cost of car insurance in Monument, CO are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Monument, CO Auto Insurance Rates
- Monument, CO Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Monument, CO
- Multi Vehicle Insurance Savings in Monument, CO
- How Credit Score Affects Car Insurance Rates in Monument, CO
- How DUI Affects Auto Insurance Premiums in Monument, CO
- Top Auto Insurance Agents Near Monument, CO
- How Driving Violations Affect Auto Insurance Rates in Monument, CO
- Monument, CO Auto Insurance Discounts on Anti Theft Feature
- Monument, CO Auto Insurance Company Reviews
Monument, CO Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Monument, CO with that of other cities in and around Monument.
| Monument | Green Mountain Falls | Gleneagle | Air Force Academy | Palmer Lake | Cascade-Chipita Park | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,836 | $1,784 | $1,848 | $1,806 | $1,786 | $1,792 |
Monument, CO Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Monument, CO based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Monument | $1,076 | $909 |
| Air Force Academy | $1,860 | $1,571 |
| Gleneagle | $1,303 | $1,101 |
| Cascade-Chipita Park | $1,146 | $968 |
| Palmer Lake | $1,543 | $1,303 |
| Woodland Park | $1,175 | $993 |
| Woodmoor | $1,889 | $1,596 |
| Green Mountain Falls | $1,540 | $1,301 |
Monument, CO Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Monument, CO usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $5,958 |
| 20 Years | $2,359 |
| 30 Years | $1,817 |
| 40 Years | $1,748 |
| 50 Years | $1,619 |
| 60 Years | $1,641 |
| 70 Years | $1,911 |
Monument, CO Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Monument, CO can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $3,195 | $477 |
| 3 Vehicles | $4,792 | $716 |
| 4 Vehicles | $6,389 | $955 |
Savings on 2 Vehicles bundle:$477
Savings on 3 Vehicles bundle:$716
Savings on 4 Vehicles bundle:$955
Monument, CO Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Monument, CO.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Monument | $1,836 | $2,775 |
| Air Force Academy | $1,806 | $2,730 |
| Gleneagle | $1,848 | $2,793 |
| Cascade-Chipita Park | $1,792 | $2,709 |
| Palmer Lake | $1,786 | $2,699 |
| Woodland Park | $1,827 | $2,761 |
| Woodmoor | $1,902 | $2,875 |
| Green Mountain Falls | $1,784 | $2,696 |
Monument, CO Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,575 |
| Excellent (740-799) | $1,798 |
| Good (670-739) | $1,913 |
| Average (580-669) | $2,496 |
| Poor (300-579) | $2,995 |
Monument, CO Auto Insurance Agents | Back to Top
Car owners can obtain quotes from multiple auto insurance companies. Comparing different quotes can help identify the cheapest auto insurance provider best suited for their coverage needs.
| Agent Name | Company | Agent Address | Contact Details |
|---|---|---|---|
| Justin Burns | Farmers | 5555 Tech Center Dr Ste 110, Colorado Springs, 80919 | (719) 359-8414 |
| Mark Olsen | Farmers | 1870 Dublin Blvd Ste E, Colorado Springs, 80918 | (719) 593-9916 |
| Wermers Agency Inc | Allstate | 1283 Kelly Johnson Blvd, Colorado Springs, 80920 | (719) 471-6777 |
| Cuffe Insurance Agency | Travelers | 1155 KELLY JOHNSON BLVD STE 111, COLORADO SPRINGS, 80920 | 719-896-2499 |
| Wermers Agency Inc | Allstate | 1816 Dominion Way, Colorado Springs, 80918 | (719) 471-6777 |
| Loren Legree | Farmers | 5555 Tech Center Dr Ste 110, Colorado Springs, 80919 | (719) 359-8414 |
| Kelly Wells | State Farm | 1855 S Pearl St Ste 100, Denver, 80210-3159 | 303-862-4579 |
| Morrison Insurance | Liberty Mutual Independent | 3282 S WADSWORTH BLVD, LAKEWOOD, 80227 | (303) 985-1576 |
| Morrison Insurance | Liberty Mutual Independent | 3282 S WADSWORTH BLVD, LAKEWOOD, 80227 | (303) 985-1576 |
| All Colorado Ins Servs | Travelers | 9725 E HAMPDEN AVE STE 330, DENVER, 80231 | 303-481-8177 |
| Joe Adams | State Farm | 4110 E 8th Ave, Denver, 80220-3702 | 303-388-4949 |
| Denise Smith | State Farm | 390 S Potomac Way Ste F, Aurora, 80012-2491 | 303-343-3515 |
Monument, CO Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$81 | $1,917 |
| Driver's Failure In Showing Documents | +$178 | $2,014 |
| Driving With An Expired Registration | +$189 | $2,025 |
| Driving At A Considerably Slow Pace | +$398 | $2,234 |
| Using A Cellphone While Driving | +$420 | $2,256 |
| Running A Red Light | +$428 | $2,264 |
| Speeding | +$450 | $2,286 |
| Driving A Vehicle Without The Required Permission | +$571 | $2,407 |
| Driving With An Expired/Suspended License | +$1,237 | $3,073 |
Monument, CO Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,763 |
| Active Disabling Device | $1,763 |
| Tracking Device | $1,726 |
| Passive Disabling Device | $1,707 |
Latest Auto Insurance Reviews in Monument, CO | Back to Top
ProgressiveWhat I like about them is that they are always quick to speak to on the phone and when my car was stolen they were quick to pay it off.
UsaaGeico was more expensive than USAA for the same coverage and Progressive was significantly more expensive for the same coverage. I will still with USAA.