Longmont Car Insurance

Your Complete Guide to Longmont, CO Car Insurance

From fender benders on Main Street to multi-car collisions on Ken Pratt Boulevard, accidents can happen anytime, anywhere and to anyone —especially in the winter months when roads are often slick with ice and sleet. Fortunately, a dependable car insurance policy can shield drivers in Longmont, CO from the expensive costs associated with crashes.

Independent insurance agents can help you find the best and most affordable auto insurance policy to meet your coverage needs. Find an insurance agent in Longmont to learn more, and you can start comparing customized car insurance quotes in no time.

How Much Does Car Insurance Cost in Longmont, CO?

The average cost of car insurance in Colorado is higher than the national average. Rates in Longmont, however, tend to be lower than the national average. Shopping around for rates helps you be sure you are getting your coverage at a reasonable price.

  • National average annual car insurance cost: $1,311
  • Colorado average annual car insurance cost: $1245
  • Longmont average annual car insurance cost: $1,088

It’s entirely possible that the rates insurance companies will quote you are going to differ significantly from the city average. This is because insurance costs are calculated on a case-by-case basis according to a variety of factors such as:

  • The make, model, trim, and year of every vehicle you are insuring
  • Your age, gender, occupation, driving record, and credit score
  • Information about other licensed drivers in your household
  • Whether you own or rent your home
  • The size of your deductible
  • The amount of liability insurance you are purchasing
  • The coverage options you are including in your policy

If you are bundling your car insurance with other policies like homeowners insurance or renters insurance, you might qualify for significant discounts on all your coverage. You may also be entitled to other discounts, such as if you have a safe driving record or are a student with good grades.

Let a local independent insurance agent help you find all the discounts for which you qualify so that you can obtain the coverage you need at the best possible price.

What Does Longmont Car Insurance Cover?

Car insurance policies are a mixture of required and optional coverage. As a resident of Longmont, you need to have a policy that meets or exceeds the state’s minimum coverage requirements. Colorado requires liability insurance only. Additionally, if you are still paying for your car, your lender will probably require you to have comprehensive and collision coverage.

You can expect your insurance provider to offer the following coverage:

  • Liability insurance (required):  This covers other people’s injuries and damage if you cause an accident. Your policy must include bodily injury liability coverage of at least $25,000 per person and $50,000 per accident; and property damage liability coverage of at least $15,000 per accident.
  • Collision insurance (mostly optional): This can pay to repair or replace your vehicle if it is damaged in a collision, regardless of fault. Though optional by law, this coverage is often required by lenders until your car is paid off and by dealerships if you are leasing it.
  • Comprehensive insurance (mostly optional): This can pay to repair or replace your vehicle if it is lost or damaged due a non-collision event such as a flood, falling object, or property crime. Though optional by law, this coverage is often required by lenders until your car is paid off and by dealerships if you lease it.
  • Uninsured motorist insurance (optional): This is designed to cover damage and injuries you may suffer if you are in a collision with an uninsured, underinsured or hit-and-run driver.
  • Personal injury protection (PIP) (optional): This can cover medical expenses for treating injuries sustained by you or your passengers if you are responsible for a vehicle accident, such as if you skid on a curve and hit a tree.
  • Roadside assistance and towing (optional): This can cover the cost of assistance if your vehicle becomes disabled while you are out on the road, such as if you get a flat tire or run out of gas.
  • Rental reimbursement coverage: This can cover the cost of renting a comparable vehicle while repairs are being made to your car following a covered event.

Although a minimum-coverage policy may be your least expensive option, it is not always the best choice. If you cause a collision and your liability limits are too low, you will be expected to make up the difference out of pocket. Additionally, if you only have liability insurance, you will not have coverage for your own vehicle if it is damaged in an accident. Talk to your insurance agent for help determining how much liability coverage you can reasonably afford and to discuss which coverage options may be right for you.

Why Is Uninsured Motorist Insurance So Important?

Driving without insurance in Colorado is illegal, but about one in six motorists you are sharing the roads within this state is driving an uninsured vehicle. If caught, these drivers can face fines, suspension of their driver's license, and mandatory community service.

  • Percentage of US drivers who are uninsured: 13%
  • Percentage of Colorado drivers who are uninsured: 13.3%

Even if a driver who hits you is insured, if their policy only includes the minimum liability coverage required by the state, that may not be enough to fully cover your medical bills. In this case, you would need to sue the other driver for the difference and could end up spending a lot of your own money on court costs and medical bills.

Uninsured motorist insurance lets you rest assured that if an uninsured, underinsured, or hit-and-run driver is responsible for a collision with your vehicle, you will receive the compensation you are due without needing to go through expensive lawyers or time-consuming lawsuits.

How High Is the Auto Theft Rate in Longmont?

The auto theft rate in Colorado is higher than the national average. In Longmont, the average rate is lower but unfortunately has been on the rise over the last few years. In 2018, there were 304 auto thefts reported in this city, as opposed to 109 five years earlier in 2013.

  • National auto theft rate per 1,000 vehicles: 2.28
  • Colorado auto theft rate per 1,000 vehicles: 3.80
  • Longmont auto theft rate per 1,000 vehicles: 1.80

In order for you to be reimbursed for an auto theft, your car insurance policy must include comprehensive coverage. Talk to your insurance agent to learn how much it will cost you to add this important coverage to your car insurance policy.

Why Work with an Independent Insurance Agent in Longmont, CO?

Independent agents are a great source of information when you are looking for the right car insurance policy. These insurance professionals can explain your many coverage options, answer your insurance-related questions, and help you review offerings from multiple providers. That way you can choose the policy that offers you the best value for your money. Contact an independent insurance agent with an office in Longmont to start comparing customized car insurance quotes.

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