Are you a victim of an expensive auto insurance policy? You're preaching to the choir because there are many people just like you.
A recent NerdWallet.com study revealed that the vast majority of auto insurance customers in Colorado kept their coverage with the same auto insurance company for at least four years, and virtually 40% of consumers have never shopped around. Drivers in the United States could pocket nearly $860 a year, but they just feel it's too hard to compare rates and save money. Multiple car insurance companies compete to insure your vehicles, and because of this it can be hard to compare auto insurance companies to find the absolute lowest cost out there.
If you have insurance now or just want to reduce your rates, use these cost-cutting techniques to save money without sacrificing coverage. Locating the most cost-effective insurance policy in Aurora can really be easy if you know what you're doing. You just need to learn the most time-saving way to compare price quotes from multiple carriers.
Most larger insurance companies allow you to get coverage prices directly from their websites. Doing online price comparisons for Mercedes-Benz SLS AMG insurance in Aurora is fairly straightforward as you just type in your personal and coverage information into a form. Behind the scenes, their quoting system requests credit information and your driving record and returns pricing information. This simplifies rate comparisons, and it's very important to do this in order to get cheap auto insurance pricing.
In order to get comparison pricing now, compare rate quotes from the providers shown below. If you have a policy now, it's recommended you complete the form with the coverages as close as possible to your current policy. Using the same limits helps guarantee you will get a rate comparison using the exact same coverages.
The following companies offer quotes in Colorado. If more than one company is shown, we suggest you visit two to three different companies to get a more complete price comparison.
Auto insurance protects more than just your car
Despite the potentially high cost of Mercedes-Benz SLS AMG insurance, paying for auto insurance serves several important purposes.
First, the majority of states have mandatory liability insurance requirements which means the state requires a specific level of liability insurance in order to license the vehicle. In Colorado these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if your vehicle has a lienholder, it's guaranteed your bank will require you to have physical damage coverage to guarantee payment of the loan. If you do not keep the policy in force, the bank may buy a policy for your Mercedes-Benz at a much higher premium rate and force you to pay for it.
Third, insurance safeguards both your Mercedes-Benz and your personal assets. It will also provide coverage for hospital and medical expenses for both you and anyone you injure as the result of an accident. One policy coverage, liability insurance, will also pay attorney fees if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, your policy will pay all costs to repair after the deductible has been paid.
The benefits of insuring your car outweigh the cost, especially if you ever need it. The average driver in Colorado overpays as much as $700 annually so compare quotes from several companies every year to help ensure money is not being wasted.
Earn discounts to get lower-cost Aurora auto insurance quotes
The price of auto insurance can be rather high, but you may qualify for discounts that could drop your premiums quite a bit. A few discounts will be applied when you get a quote, but lesser-known reductions have to be specifically requested before they will apply.
- Aurora Homeowners Discount - Just being a homeowner can get you a discount because owning a home is proof that your finances are in order.
- Safety Course Discount - Taking a course in defensive driving is a good idea and can lower rates and make you a better driver.
- Military Deployment Discount - Being deployed with a military unit could qualify you for better premium rates.
- Professional Organizations - Being in a qualifying organization could trigger savings on your bill.
- College Student Discount - College-age children who are attending college and do not have a car could get you a discount.
Discounts reduce rates, but you should keep in mind that most discount credits are not given to your bottom line cost. Most only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates it's possible to get free car insurance, companies wouldn't make money that way.
Large auto insurance companies and the discounts they provide are:
- 21st Century offers discounts including automatic seat belts, driver training, theft prevention, early bird, and student driver.
- State Farm discounts include student away at school, defensive driving training, accident-free, safe vehicle, anti-theft, good student, and multiple policy.
- AAA includes discounts for good driver, pay-in-full, education and occupation, good student, multi-policy, multi-car, and anti-theft.
- Liberty Mutual policyholders can earn discounts including new move discount, good student, multi-car, new graduate, new vehicle discount, and newly retired.
- Progressive may include discounts for good student, multi-policy, homeowner, multi-vehicle, online quote discount, and continuous coverage.
If you want the cheapest Mercedes-Benz SLS AMG rate quotes, ask every prospective company what discounts are available to you. Some of the earlier mentioned discounts might not be offered on policies in your state. For a list of auto insurance companies that have a full spectrum of discounts in Aurora, click this link.
Auto insurance can be complex
Keep in mind that when it comes to choosing a policy, there is no best way to insure your cars. Your financial needs are unique.
Here are some questions about coverages that may help highlight if your situation might need an agent's assistance.
- What companies insure drivers after a DUI or DWI?
- Can I afford to pay high deductible claims out of pocket?
- Do I have any recourse if my insurance company denies a claim?
- Why is insurance for a teen driver so high in Aurora?
- Does coverage follow the driver or the vehicle?
- Is my teenager covered with friends in the car?
- Will filing a claim cost me more?
- Am I covered if I have no license?
- Is a fancy paint job covered?
- Why do I have to buy liability insurance?
If you can't answer these questions but one or more may apply to you, then you may want to think about talking to an agent. If you don't have a local agent, complete this form. It's fast, doesn't cost anything and may give you better protection.
Insurance is available from local insurance agents
A lot of people just want to have an agent's advice and that is recommended in a lot of cases Most agents will help you protect your assets and help file insurance claims. The best thing about comparing insurance prices online is that drivers can save money and get cheap rate quotes and still have a local agent.
For easy comparison, once you complete this quick form, your insurance coverage information is emailed to local insurance agents that give free quotes for your coverage. You won't even need to contact an agency due to the fact that quote results will go instantly to you. If you have a need to get a comparison quote from a specific company, feel free to find their quoting web page and fill out their quote form.
Choosing the best company is decision based upon more than just the premium amount. Any agent in Aurora should be willing to answer these questions.
- What is the agency's Better Business Bureau rating?
- Is working in the agency their full-time job?
- What are the financial ratings for the companies they represent?
- How much can you save by raising your physical damage deductibles?
- Do you qualify for any additional discounts?
- Does their agency support local causes in Aurora?
- What are their preferred companies if they are an independent agency?
Aurora car insurance agents come in two flavors
If you're trying to find a good Aurora insurance agent, you must know there are a couple types of insurance agents to choose from. Insurance agencies in Aurora are categorized either exclusive or independent agents depending on their company appointments. Either type can write policy coverage, but it is important to understand how they are different since it can affect buying decisions.
Exclusive agencies work for only one company such as Allstate, State Farm and Farmers Insurance. They usually cannot provide other company's prices so you might not find the best rates. These agents are well schooled on the products they sell which helps overcome the inability to quote other rates.
The following are Aurora exclusive insurance agents that are able to give rate quotes.
Independent Insurance Agents
Independent agents are not employed by one company and that enables them to quote your coverage with many different companies and find the cheapest rate. If your premiums go up, they simply move the coverage in-house and you don't have to do anything. When comparing insurance rates, we recommend you get insurance quotes from independent agents to have the best price comparison.
Listed below is a short list of independent agencies in Aurora willing to provide price quote information.
BUD JUDY AGENCY, INC. (INDEPENDENT INSURANCE AGENCY)
2222 S Fraser St Unit 4 - Aurora, CO 80014 - (303) 368-5839 - View Map
Auto insurance coverage information
Having a good grasp of a auto insurance policy can help you determine the best coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.
This can cover damage or injury you incur to other's property or people. This insurance protects YOU against claims from other people, and doesn't cover damage to your own property or vehicle.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/15 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and $15,000 of coverage for damaged propery.
Liability coverage pays for claims such as medical expenses, repair costs for stationary objects, emergency aid and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying higher limits if possible. Colorado requires minimum liability limits of 25/50/15 but it's recommended drivers buy better liability coverage.
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as theft, a broken windshield, vandalism, a tree branch falling on your vehicle and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it's not worth carrying full coverage.
This pays for damage to your SLS AMG resulting from colliding with a stationary object or other vehicle. You first must pay a deductible and then insurance will cover the remainder.
Collision can pay for things such as damaging your car on a curb, sustaining damage from a pot hole, colliding with another moving vehicle, hitting a mailbox and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It's also possible to increase the deductible on your SLS AMG in order to get cheaper collision rates.
Med pay and Personal Injury Protection (PIP)
Coverage for medical payments and/or PIP provide coverage for expenses for things like funeral costs, pain medications, rehabilitation expenses and doctor visits. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay
Uninsured/Underinsured Motorist (UM/UIM)
Your UM/UIM coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and also any damage incurred to your Mercedes-Benz SLS AMG.
Since many Colorado drivers have only the minimum liability required by law (25/50/15 in Colorado), it doesn't take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.
Cover all your bases
People switch companies for a variety of reasons including extreme rates for teen drivers, policy cancellation, not issuing a premium refund or being labeled a high risk driver. Whatever your reason, switching car insurance companies is less work than it seems.
You just read some good ideas how you can shop for Mercedes-Benz SLS AMG insurance online. The key concept to understand is the more price quotes you have, the better chance you'll have of finding affordable Mercedes-Benz SLS AMG insurance quotes. Consumers may even find the best auto insurance rates are with some of the smallest insurance companies.
As you shop your coverage around, never reduce needed coverages to save money. In many cases, someone sacrificed comprehensive coverage or liability limits and learned later that it was a big mistake. The proper strategy is to buy the best coverage you can find at the lowest possible cost but still have enough coverage for asset protection.
Additional detailed information is available in these articles:
- Auto Theft Statistics (Insurance Information Institute)
- What Auto Insurance is Cheapest in Pueblo, Colorado? (FAQ)
- What is the Cheapest Auto Insurance in Lakewood, Colorado? (FAQ)
- How Much is Auto Insurance for Used Cars in Colorado? (FAQ)
- Rental Reimbursement Coverage (Allstate)
- Get the Right Protection (InsureUonline.org)
- Auto Insurance FAQ (Farmers Insurance)