Want to know an easy way to compare cheaper Mercedes-Benz SLS AMG insurance in Denver? Are you regretting the purchase of high-priced Mercedes-Benz SLS AMG insurance in Denver? It’s a common feeling and there are a lot of people in Denver just like you who feel imprisoned by their auto insurance policy.
It’s hard to fathom, but nearly 70% of customers kept their policy with the same company for over three years, and nearly half have never shopped around. Drivers in Colorado could cut their rates by $610 a year by just comparing rate quotes, but they won’t spend time to save money by comparing rate quotes.
Big-name insurance companies like Allstate, Progressive and GEICO promote their brand names with advertising and consumers find it hard to see past the corporate glitz and find the best price available.
How to find cheap Mercedes-Benz SLS AMG insurance in Denver, Colorado
Most companies give price estimates online. Getting quotes for Mercedes-Benz SLS AMG insurance in Denver is pretty painless as all you need to do is type in your coverage information on the page. When the form is submitted, their rating system will obtain your driving and credit reports and gives you a price quote. The ability to get online rates for Mercedes-Benz SLS AMG insurance in Denver makes comparing rates easy, and it’s also necessary to perform this step if you want to find the lowest car insurance rates.
To quickly fill out one form to compare multiple rates now, compare rates now from the companies shown below. To compare your current rates, we recommend you enter your coverages identical to your current policy. This way, you are getting rate quotes based on the exact same insurance coverage.
The companies in the list below offer price quotes in Denver, CO. If more than one company is shown, we suggest you visit two to three different companies in order to find the most affordable rates.
Companies offer lots of discounts on Mercedes-Benz SLS AMG insurance in Denver
Auto insurance companies don’t list all available discounts in a way that’s easy to find, so below is a list some of the best known and the harder-to-find credits that may apply to you.
- Discount for Swiching Early – Some insurance companies give discounts for buying a new policy early. It could save around 10% when you buy Denver auto insurance online.
- Student Discount for Driver Training – Have your child enroll in driver’s education in school.
- Government Employee Discount – Having worked for a branch of the government could cut as much as 10% off with some auto insurance companies.
- Discounts for New Vehicles – Adding a new car to your policy can get you a discount because newer vehicles keep occupants safer.
- Payment Discounts – If you can afford to pay the entire bill rather than paying in monthly installments you could save up to 5%.
- Save over 55 – Drivers that qualify as senior citizens are able to get a slight reduction on a Denver auto insurance quote.
- Multiple Policy Discount – If you can bundle your auto and homeowners insurance and insure them both with the same insurance company you will save 10% to 20% off each policy.
Remember that most of the big mark downs will not be given to your bottom line cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, insurance companies wouldn’t stay in business.
Insurance companies that may offer policyholders these benefits include:
Before you buy a policy, ask each insurance company which discounts you may be entitled to. A few discounts may not be offered in your state. To see companies that offer the discounts shown above in Denver, click this link.
Local Denver car insurance agents
A lot of people would rather get advice from a local agent and that can be a smart move The biggest benefit of price shopping on the web is the fact that drivers can get cheap car insurance quotes and still choose a local agent.
Once you complete this form (opens in new window), the coverage information is emailed to local insurance agents in Denver that give free quotes for your business. It simplifies rate comparisons since you won’t have to contact an agency since rate quotes are delivered to your email. You can most likely find cheaper rates and a licensed agent to work with. If you need to compare prices from a particular provider, you can always jump over to their website and give them your coverage information.
Selecting an insurer requires more thought than just the premium amount. Before buying a policy in Denver, get answers to these questions.
- What are their preferred companies if they are an independent agency?
- Can you get a list of referrals?
- Will they make sure you get an adequate claim settlement?
- How long have they been in business?
- Will you work with the agent or an assistant?
- Is assistance available after office hours?
- How experienced are they in personal risk management?
Choose an insurance agent wisely
If you prefer to buy car insurance from a good Denver insurance agent, there are two different types of agencies that differ in how they can insure your vehicles. Insurance agencies in Denver can be classified as either exclusive agents or independent agents.
Exclusive agents can only write with one company like State Farm, AAA, Farmers Insurance or Allstate. Exclusive agencies are unable to provide other company’s prices so if the price isn’t competitive there isn’t much they can do. Exclusive agents are well schooled on their company’s products and that can be a competitive advantage.
Below is a short list of exclusive insurance agencies in Denver who may provide you with rate quotes.
Independent Agencies or Brokers
Independent insurance agents do not write with just one company and that gives them the ability to insure amongst many companies and get the cheapest rates. If your agent finds better pricing, the business is moved internally and you don’t have to switch agencies.
When searching for an agent, you absolutely need to include several independent insurance agents so that you have a good selection of quotes to compare.
Listed below is a short list of independent agencies in Denver willing to provide comparison quotes.
When in doubt talk to an agent
When selecting coverage online or from an agent, there really isn’t a perfect coverage plan. Your needs are unique to you so your insurance needs to address that.
Here are some questions about coverages that can help discover whether or not you might need an agent’s assistance.
- When should I not buy collision coverage?
- What is glass protection for?
- Do I need medical payments coverage since I have good health insurance?
- Who is covered by my policy?
- Do I have coverage if my license is suspended?
- Should I drop comprehensive coverage on older vehicles?
If you’re not sure about those questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.
Drivers who switch save $414 a year? Really?
Popular insurance providers such as 21st Century, Allstate and State Farm seem to constantly run television and radio advertisements. All the ads tend to make the same promise that people will save if you get a free Denver auto insurance quote and switch your insurance coverage to their company. How is it possible that every company can claim to save you money? It’s all in the numbers.
Insurance companies have specific guidelines for a prospective insured that earns them a profit. An example of this type of risk profile may be over age 30, has a clean driving record, and drives a safe vehicle. Any driver who fits those characteristics will get very good Denver prices and as a result will probably pay quite a bit less when switching companies.
Consumers who do not meet the requirements may be required to pay a higher rate and the customer not purchasing. The ads say “people that switch” not “all people who quote” save money. This is how companies can claim big savings. This illustrates why you really need to get a wide range of price quotes. It is impossible to predict which insurance companies will have the lowest Mercedes-Benz SLS AMG insurance in Denver.
What auto insurance coverages do you need?
Having a good grasp of auto insurance can be of help when determining which coverages you need and the correct deductibles and limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring. These are the usual coverages found on most auto insurance policies.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive insurance covers things such as vandalism, damage from a tornado or hurricane, damage from getting keyed, hitting a deer and hitting a bird. The most your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.
Auto liability insurance – This coverage provides protection from damage that occurs to people or other property that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 25/50/15 which means $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $15,000 for damage to vehicles and property.
Liability insurance covers claims like medical services, legal defense fees, medical expenses and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford. Colorado requires drivers to carry at least 25/50/15 but you should think about purchasing higher limits.
Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz SLS AMG.
Since many Colorado drivers carry very low liability coverage limits (Colorado limits are 25/50/15), it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked.
Collision coverage – Collision insurance will pay to fix damage to your SLS AMG caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.
Collision can pay for things like crashing into a building, sustaining damage from a pot hole, scraping a guard rail and backing into a parked car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible on your SLS AMG to bring the cost down.
Insurance for medical payments – Coverage for medical payments and/or PIP pay for immediate expenses like X-ray expenses, pain medications and nursing services. They are used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers both the driver and occupants and will also cover being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay
Keep this in mind when shopping around
When trying to cut insurance costs, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many cases where an insured cut collision coverage only to regret at claim time that it was a big mistake. The ultimate goal is to purchase a proper amount of coverage at the best price, but don’t skip important coverages to save money.
A few companies do not provide internet price quotes and these regional insurance providers provide coverage only through independent insurance agents. Lower-priced Mercedes-Benz SLS AMG insurance in Denver can be found online and from local insurance agents, and you need to price shop both so you have a total pricing picture.
Much more information about car insurance in Colorado is located below:
- Medical Payments Coverage (Liberty Mutual)
- Who Has the Cheapest Denver Auto Insurance Quotes for Teenage Males? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Good Drivers in Denver? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Veterans in Denver? (FAQ)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Determing Auto Insurance Rates (GEICO)