Parachute, CO Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Parachute, 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.
Cheapest Auto Insurance Rates in Parachute, CO
The Town of Parachute is at the conflux of the northwest side of the Colorado River adjoined by Parachute Creek, both known as excellent spots for fishing. In order to explore these roads without any further hindrances, it is imperative to have auto insurance in Parachute, CO, before leaving home. The average cost of car insurance in Parachute, CO, is $1,736.
Even after browsing multiple sites looking out for applicable car insurance rates in Parachute, CO, most people end up getting confused. To avoid this situation, refer to the deep analysis provided by Zimlon's researchers. Each determinant that leads to cheap and affordable car insurance is explored below.
a. Cost of Auto Insurance in Neighboring Locations
Parachute insurance is comparatively lower than neighboring locations, including Battlement Mesa, Collbran, and Rifle. The average cost of car insurance in Battlement Mesa and Collbran is $1,741 and $1,781, respectively. Therefore, Parachute auto owners can avail car insurance at a lower premium than neighboring locations.
b. Cost of Auto Insurance Based on Deductibles
Parachute, CO, car owners can also save money by paying a high deductible. Higher deductible leads to a decrease in the car insurance premium. Auto owners in Parachute who opted for a deductible of 1000 pay $1,229. In contrast, auto owners who opted for a low deductible of 500 have to pay $1,455. Here, car owners can save up to $226 by choosing a high deductible.
c. Cost of Auto Insurance Based on the Age of the Driver
Age is a matter of concern while deciding the car insurance rates. Car insurance providers view teenagers as reckless and irresponsible drivers behind the wheel. Due to this, they charge a higher premium to mitigate the risk. The premium charged for teen drivers in Parachute, CO, is $5,633. In contrast, middle-aged groups like 30 and 40 years old pay a premium of $1,718 and $1,653, respectively.
d. Cost of Auto Insurance Post- DUI
Driving Under Influence (DUI) includes possession of drugs or alcohol, rash driving, or any regulation violating driving rules. It can be an added burden on your wallet as the premium charges tend to go up post-DUI. For instance, the average cost of insurance in Parachute, CO, is $1,736. Post-DUI, the cost of insurance is $2,624. If the auto owner is convicted of DUI, they have to pay $888 extra on the average auto insurance rate.
Factors that can influence the cost of car insurance in Parachute, 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.
- Parachute, CO Auto Insurance Rates
- Parachute, CO Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Parachute, CO
- Multi Vehicle Insurance Savings in Parachute, CO
- How Credit Score Affects Car Insurance Rates in Parachute, CO
- How DUI Affects Auto Insurance Premiums in Parachute, CO
- Top Auto Insurance Agents Near Parachute, CO
- How Driving Violations Affect Auto Insurance Rates in Parachute, CO
- Parachute, CO Auto Insurance Discounts on Anti Theft Feature
Parachute, CO Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Parachute, CO with that of other cities in and around Parachute.
| Parachute | Battlement Mesa | Garfield County | Collbran | Rifle | |
|---|---|---|---|---|---|
| Average Insurance Rates | $1,736 | $1,741 | $1,056 | $1,812 | $1,781 |
Parachute, 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 Parachute, 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) |
|---|---|---|
| Parachute | $1,455 | $1,229 |
| Battlement Mesa | $1,115 | $942 |
| Garfield County | $1,186 | $1,001 |
| Collbran | $1,664 | $1,406 |
| Rifle | $1,657 | $1,400 |
Parachute, CO Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Parachute, 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 | $5,633 |
| 20 Years | $2,231 |
| 30 Years | $1,718 |
| 40 Years | $1,653 |
| 50 Years | $1,531 |
| 60 Years | $1,552 |
| 70 Years | $1,807 |
Parachute, CO Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Parachute, 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 | $3,021 | $451 |
| 3 Vehicles | $4,531 | $677 |
| 4 Vehicles | $6,041 | $903 |
Savings on 2 Vehicles bundle:$451
Savings on 3 Vehicles bundle:$677
Savings on 4 Vehicles bundle:$903
Parachute, 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 Parachute, CO.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Parachute | $1,736 | $2,624 |
| Battlement Mesa | $1,741 | $2,631 |
| Garfield County | $1,056 | $1,596 |
| Collbran | $1,812 | $2,739 |
| Rifle | $1,781 | $2,692 |
Parachute, 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) | $1,489 |
| Excellent (740-799) | $1,700 |
| Good (670-739) | $1,809 |
| Average (580-669) | $2,360 |
| Poor (300-579) | $2,832 |
Parachute, 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 |
|---|---|---|---|
| Dee Mccown | State Farm | 436 East Ave Ste B, Rifle, 81650-2336 | 970-625-5678 |
| Joshua Dewitt | Farmers | 327 N 7th St Ste 2, Grand Junction, 81501 | (970) 245-1798 |
| Michael Baker | Farmers | 436 Independent Ave, Grand Junction, 81505 | (970) 242-5201 |
| Monument Insurance | Allstate | 1530 Railroad Ave Unit B, Rifle, 81650 | (970) 625-2733 |
| Moody-Valley Insurance Agency | Liberty Mutual Independent | 760 HORIZON DR STE 302, GRAND JUNCTION, 81506 | 970-248-8300 |
| Joe Mason | Farmers | 555 North Ave Dept 1, Grand Junction, 81501 | (970) 242-0000 |
| Steve Kendrick | State Farm | 640 Rood Ave, Grand Jct, 81501-2742 | 970-242-9951 |
Parachute, 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 | +$76 | $1,812 |
| Driver's Failure In Showing Documents | +$168 | $1,904 |
| Driving With An Expired Registration | +$179 | $1,915 |
| Driving At A Considerably Slow Pace | +$377 | $2,113 |
| Using A Cellphone While Driving | +$398 | $2,134 |
| Running A Red Light | +$404 | $2,140 |
| Speeding | +$425 | $2,161 |
| Driving A Vehicle Without The Required Permission | +$540 | $2,276 |
| Driving With An Expired/Suspended License | +$1,170 | $2,906 |
Parachute, 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 | $1,667 |
| Active Disabling Device | $1,667 |
| Tracking Device | $1,632 |
| Passive Disabling Device | $1,614 |