The minimum amount of liability required by most states is for drivers to have to show that they are financially responsible. However, the minimums can vary from one state to another.
Your car insurance rates can also be affected by your zip code. Not only is the required insurance different depending on where you live, but so can your state’s insurance requirements. Car insurance companies consider the risks of insuring drivers in certain cities when determining their premiums. This includes factors such as population, crime rate and weather.
Finding the best car insurance rates can be difficult. Jerry is your solution. Jerry is an app for insurance brokers that provides instant quotes from more than 50 top insurance providers.
You just need to find the right policy for you. Jerry will assist you in all aspects of your decision-making, including helping you to cancel or file any paperwork.
We don’t lie! These are real quotes from Jerry customers in Parachute.
| Date of the Quote | Car | Zip Code | Name | Age | Insurance Company | Before Jerry | After Jerry |
|---|---|---|---|---|---|---|---|
| June 17, 2021 | Jeep Grand Cherokee Laredo | 81635 | Mae B. | 30 | Progressive | $95/mo. | $61/mo. |
| March 30, 2021 | Chevrolet Hhr LT | 81635 | Leila M. | 23 | Progressive | $270/mo. | $66/mo. |
| December 24, 2021 | Jaguar XE | 81635 | Steve R. | 44 | Travelers | $352/mo. | $223/mo. |
More information is available about the impact of insurance rates on your Parachute.
What is the cost of Parachute car insurance?
Single-car insurance in Parachute Colorado is $2,682 per year, or approximately $224 per month. Auto insurance in Parachute costs $10 more than the $2,672 per year state average.
Your zip code can affect the rates of car insurance in your state. Depending on your city’s demographics–including population density, average age, and accident rate–your car insurance premiums may be much higher or lower than a neighboring city.
Here are the average savings of Jerry Parachute users compared to national averages.
parachute carrier selection
Insurance rates can vary by zip code. Different providers may offer drastically different quotes for the exact same location.
Each insurance company calculates the risk of driving in different areas. You may notice a significant change in the premiums of your current insurance provider if you recently moved.
If this is the case, you may need to look for a new carrier. Jerry will help you locate a carrier that meets your needs. He will do the hard work of comparing providers for you and provide you with quotes from several top providers.
These are the average rates for Jerry customers living in Parachute, with different insurance companies:
| Insurance Company | Average Cost | Annual Savings with Larry | |
|---|---|---|---|
| Kemper | $3,240 | $2,335 | Compare Prices |
| Dairy | $3,240 | $2,292 | Compare Prices |
| Progressive | $2,190 | $1,428 | Compare Prices |
What type of Parachute car insurance do you need?
Parachute drivers must have the required minimum liability insurance prior to driving. This coverage will pay for the expenses of others if you are at fault in an accident. However, it will not cover your vehicle.
Liability insurance coverage does not cover every expense in the event that you are involved in an accident. Although minimum liability insurance is the most affordable policy, it’s recommended that drivers have more coverage than the basic requirements. Full-coverage insurance policies are also available. Full-coverage is more expensive upfront but it can help you avoid the financial burden from an expensive accident. In the end, you may save more money in the long term. Car insurance policies that provide full coverage generally include:
- Liability insurance
- Uninsured/underinsured motorist coverage
- Collision coverage
- Comprehensive coverage
Parachute car insurance costs: What factors determine your Parachute car insurance cost?
You can also determine your car insurance premiums by determining the provider and zip code you live in.
Providers will take into account your particular demographics when setting rates. You might find your rates are higher than someone who lives next to you.
These are the key factors that affect your car insurance premiums.
Your age
Most insurance companies consider young drivers high-risk drivers. This is due in part to the lack of experience behind a wheel and higher accident rates. Young drivers will pay higher premiums than their elder counterparts. Parachute drivers under 25 could pay up to $47 per month more than adult drivers. These are the average rates for Larry customers in Parachute, broken down by their age.
Your driving record
Your driving record can have a significant impact on your car insurance premiums. Although a minor offense, such as a speeding ticket, won’t affect your rates much, multiple minor offenses or a single major offense like a DUI can have a significant impact on how much you pay for car insurance each month.
Providers will consider those with a history infractions driving to be high risk drivers and increase their car insurance accordingly.
Jerry is able to help drivers with bad driving records find affordable car coverage with the right provider. This is how much Jerry customers with prior convictions in Parachute have saved on insurance
| Violation Prevention | Average Cost | Annual Savings with Larry |
|---|---|---|
| Clean Record | $3,054 | $1,894 |
Parachute, where are you?
Although it may seem that insurance rates in Parachute should remain the same, the area in which you live will have an effect on your car insurance premiums.
Auto insurance rates can be higher in different zip codes, even if they are located within the same municipality. This is because accident and property crime rates differ between cities. Parachute residents will have the highest car insurance rates. However, those who live in 81635 are the least expensive.
Here is a breakdown of insurance prices in Jerry across the Parachute.
Why is Parachute car insurance so expensive?
Parachute’s baseline car insurance rates are determined by a variety of factors. These are some of the factors insurance companies consider:
Inclement weather
Your auto insurance rates will be higher if you live in an area that is susceptible to severe weather conditions like tornadoes or hurricanes. Insurance companies will increase their premiums to compensate for the possibility of multiple payouts due to natural disasters.
Congested roads
The number of commuters and population density in a city all impact how many cars are driving on the roads. There is a higher chance of collisions in cities with lots of traffic. Insurance companies will increase premiums for drivers who live in these areas.
Crime rate
Your car insurance premiums will be affected by the rate of property crime. Your auto insurance rates could skyrocket if you live in an area with high levels of vandalism or theft. In order to offset the risk of large claims payouts, insurance providers will charge higher premiums.
How can you save money when buying Parachute car insurance?
Compare quotes from various providers
Shopping around for quotes is one of the best ways you can save money on your car insurance. It is important to take the time and research all possible companies before signing anything.
Jerry will do all the work for you. Jerry will quickly source quotes from more than 50 insurance providers after you sign up. Once you choose a policy, Jerry will take care of all of the changeover–including helping to cancel your old policy.
Look for discounts
Comparing quotes is not enough to find the best car insurance. To save even more, consider looking into discounts. Discounts can be a great way of lowering your coverage costs. Many providers offer discounts so ask your agent. These discounts are common: Customer loyalty (e.g. Bundling, early renewal Good student, senior Driver affiliations (e.g. Military, affinity Driving history (e.g. accident-free, safe driver) Driver training (e.g. Defensive driver course Anti-theft, new vehicle) Payment (e.g. auto-pay, paperless) Defensive driver (e.g. A defensive driving course
