Are you researching cheaper car insurance rates in Denver, CO? Denver drivers have many options when trying to find the best price on Chrysler Sebring insurance. You can either spend your time calling around to get rate comparisons or utilize the internet to get rate quotes.
There is a better way to shop for car insurance and you need to know the proper way to price shop coverage for a Chrysler and obtain the lowest possible price from Denver insurance agents and online providers.
If you have a policy now or want to find a cheaper company, you can use these techniques to cut your premiums without reducing protection. We hope to introduce you to how auto insurance companies operate and also save some money in the process Smart buyers just have to know the most efficient way to buy auto insurance online.
Get cheaper Chrysler Sebring insurance in Denver with discounts
Insurance can be prohibitively expensive, but there may be some discounts to reduce the price significantly. Certain credits will be shown at the time of purchase, but a few need to be manually applied before you get the savings.
- Responsible Drivers – Insureds who avoid accidents can save up to 40% or more on their Denver car insurance quote compared to accident prone drivers.
- Early Signing – Some companies provide a discount for switching companies prior to your current Sebring insurance policy expiration. It’s a savings of about 10%.
- Theft Deterrent System – Anti-theft and alarm system equipped vehicles prevent vehicle theft and therefore earn up to a 10% discount.
- Waiver for an Accident – This one is not really a discount per se, but companies like Progressive, State Farm and GEICO will turn a blind eye to one accident before they charge you more for coverage so long as you are claim-free for a set time period.
- Home Ownership Discount – Owning a home in Denver can help you save on auto insurance because of the fact that having a home requires personal responsibility.
- Discounts for Government Workers – Employees or retirees of the government could provide a small rate reduction with select insurance companies.
- Seat Belts Save more than Lives – Requiring all passengers to fasten their seat belts can save a little off the PIP or medical payment premium.
- Driver Training Discounts – Completing a defensive driving class could possibly earn you a 5% discount if you qualify.
It’s important to note that some of the credits will not apply to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. Despite the appearance that you could get a free auto insurance policy, companies wouldn’t make money that way.
Some of the larger companies that may offer policyholders these discounts include:
Before buying, ask every prospective company what discounts are available to you. Some of the earlier mentioned discounts may not be available in Denver. To see a list of providers with discount auto insurance rates in Denver, click here.
The companies shown below are our best choices to provide price comparisons in Colorado. If multiple providers are shown, we suggest you click on several of them to get a more complete price comparison.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sebring Touring 4-Dr Sedan | $172 | $370 | $338 | $20 | $100 | $1,000 | $83 |
| Sebring Limited 4-Dr Sedan | $244 | $534 | $474 | $28 | $142 | $1,422 | $119 |
| Sebring LX 2-Dr Convertible | $378 | $792 | $474 | $28 | $142 | $1,814 | $151 |
| Sebring Touring 2-Dr Convertible | $300 | $620 | $426 | $26 | $128 | $1,500 | $125 |
| Sebring Limited 2-Dr Convertible | $294 | $640 | $396 | $24 | $118 | $1,472 | $123 |
| Get Your Own Custom Quote Go | |||||||
Data variables include single male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Colorado minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, claim-free, and multi-policy. Price information does not factor in Denver location which can alter premiums greatly.
Physical damage deductible comparison
The hardest decision when buying coverage is where should you set your physical damage deductibles. The rates below illustrate the differences in premium rates between low and high physical damage deductibles. The first set of rates uses a $250 physical damage deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sebring Touring 4-Dr Sedan | $272 | $538 | $352 | $20 | $106 | $1,313 | $109 |
| Sebring Limited 4-Dr Sedan | $272 | $538 | $352 | $20 | $106 | $1,313 | $109 |
| Sebring LX 2-Dr Convertible | $306 | $538 | $352 | $20 | $106 | $1,347 | $112 |
| Sebring Touring 2-Dr Convertible | $306 | $538 | $352 | $20 | $106 | $1,347 | $112 |
| Sebring Limited 2-Dr Convertible | $342 | $620 | $352 | $20 | $106 | $1,465 | $122 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Sebring Touring 4-Dr Sedan | $220 | $434 | $352 | $20 | $106 | $1,132 | $94 |
| Sebring Limited 4-Dr Sedan | $220 | $434 | $352 | $20 | $106 | $1,132 | $94 |
| Sebring LX 2-Dr Convertible | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Sebring Touring 2-Dr Convertible | $250 | $434 | $352 | $20 | $106 | $1,162 | $97 |
| Sebring Limited 2-Dr Convertible | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Estimates do not factor in zip code location which can increase or decrease prices considerably.
Based on these figures, using a $250 deductible costs roughly $16 more each month or $192 every year than opting for the higher $500 deductible. Because you would be required to pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you normally go at a minimum 16 months between claim filings, you would probably be better off if you elect the higher deductible.
Full coverage versus liability-only
The illustration below shows the difference between Chrysler Sebring annual premium costs with full physical damage coverage compared to only buying the minimum liability limits required in Colorado. The rates are based on no claims or violations, $100 deductibles, married female driver, and no discounts are applied to the premium.
When to drop comprehensive and collision coverage
There is no definitive formula for excluding physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.
For example, let’s say your Chrysler Sebring claim settlement value is $3,000 and you have $1,000 full coverage deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $2,000 after paying the physical damage deductible. If you are paying over $200 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are a few situations where eliminating full coverage is not recommended. If you haven’t satisfied your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage.
An analysis of deductible level
The chart below illustrates how choosing a deductible and can influence Chrysler Sebring insurance premiums for different categories of driver ages. The data is based on a married female driver, full coverage, and no additional discounts are factored in.
Chrysler Sebring Insurance Rate Factors
When buying auto insurance it’s important to understand the different types of things that are used to determine the rates you pay for auto insurance. If you know what positively or negatively impacts your premiums, this allows you to make good choices that may result in lower rates.
- Your age impacts your prices – Older insureds are shown to be more cautious, statistically cause fewer accidents, and are generally more financially stable.Beginning drivers have a tendency to be inattentive when at the wheel of a vehicle and because of this, their auto insurance rates are much higher.
- Tickets mean higher costs – Your driving citation history impacts your car insurance rates tremendously. Getting just one speeding ticket may cause rates to rise substantially. Attentive drivers pay less for auto insurance than people who have multiple driving citations. Drivers unfortunate enough to have license-revoking violations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form with the DMV in their state in order to prevent a license revocation.
- How do annual miles impact rates? – The higher the miles on your Chrysler in a year the higher your rate. Almost all companies charge to insure your cars based on how the vehicle is used. Cars that sit idle most of the time receive better premium rates than vehicles that have high annual mileage. Ask your agent if your auto insurance declarations sheet properly reflects how each vehicle is driven. An incorrectly rated Sebring may be costing you.
- Liability insurance is important – Liability insurance will afford coverage if ever a court rules you are at fault for causing personal injury or damage in an accident. Liability provides for a legal defense to defend your case. Liability insurance is quite affordable as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
Do I just need basic coverages?
When it comes to a policy, there really isn’t a one size fits all plan. Every situation is different so your insurance should reflect that For instance, these questions can aid in determining if your situation would benefit from an agent’s advice.
- What is motorclub and do I need it?
- What is the minimum liability in Colorado?
- Do I need higher collision deductibles?
- Does my personal policy cover me when driving out-of-state?
- If my pet gets injured in an accident are they covered?
- What is UM/UIM insurance?
If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.
When to contact a local insurance agent
Many drivers just prefer to sit down and talk to an agent and doing so can bring peace of mind Experienced insurance agents are trained risk managers and help you file claims. One of the benefits of price shopping on the web is the fact that drivers can get cheap auto insurance rates but also keep your business local. Putting coverage with neighborhood agents is definitely important in Denver.
To find an agent, once you fill out this quick form, your insurance coverage information is sent to insurance agents in Denver who will gladly provide quotes for your coverage. You never need to drive around because prices are sent to you directly. If you have a need to compare prices from a specific auto insurance provider, you can always go to their quote page and give them your coverage information.
If you would like to find a good Denver insurance agent, it’s important to understand the different types of agents to choose from. Denver agents can be described as either independent or exclusive depending on the company they work for. Both types can insure your vehicles properly, but it’s worth learning the difference between them because it can factor into the type of agent you choose.
Independent Auto Insurance Agents (or Brokers)
Agents that choose to be independent can quote rates with many companies and that enables them to quote your coverage through lots of different companies enabling the ability to shop coverage around. If they quote lower rates, they simply move the coverage in-house and the insured can keep the same agent. When comparing auto insurance prices, you absolutely need to contact a couple of independent agencies to maximize your price options. Most have the option of insuring with different regional companies which can be an advantage.
Featured below are Denver independent insurance agents that can possibly get you rate quotes.
- Bonnie Brae Insurance
179 S Colorado Blvd – Denver, CO 80246 – (303) 321-9300 – View Map - Westwood Insurance
57 W Alameda Ave – Denver, CO 80223 – (303) 722-2841 – View Map - Madison Insurance Group
600 S Cherry St #900 – Denver, CO 80246 – (800) 636-6185 – View Map
Exclusive Auto Insurance Agencies
Agents of this type work for only one company like Farmers Insurance, State Farm, or Allstate. These agents are unable to provide other company’s prices so it’s a take it or leave it situation. They receive a lot of sales training on the products they sell and that can be a competitive advantage. Consumers frequently buy insurance from these agents mainly due to loyalty to the company and the convenience of having a single billing for all their coverages.
Shown below is a list of exclusive agencies in Denver willing to provide rate quotes.
- Beth Bales – State Farm Insurance Agent
3650 S Yosemite St #408 – Denver, CO 80237 – (303) 993-2727 – View Map - Farmers Insurance – Angel Le
1145 S Federal Blvd – Denver, CO 80219 – (303) 975-8911 – View Map - Rick Emerson Jr. – State Farm Insurance Agent
4800 Happy Canyon Rd #230 – Denver, CO 80237 – (303) 781-1133 – View Map
Finding a good car insurance agent needs to be determined by more than just a low price. The following questions are important to ask.
- Does the company use OEM repair parts?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- Do they review policy coverages at every renewal?
- Do they have any clout with companies to ensure a fair claim settlement?
- Where are claims handled?
- Does the agency support the community they serve?
Car insurance is not optional but you don’t have to overpay
Even though it can be expensive, paying for car insurance is required in Colorado but it also protects you in many ways.
- Almost all states have minimum mandated liability insurance limits which means the state requires a specific minimum amount of liability coverage if you drive a 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.
- If your Sebring has a loan, almost every bank will stipulate that you have insurance to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender may have to buy a policy to insure your Chrysler for a lot more money and require you to reimburse them much more than you were paying before.
- Car insurance preserves not only your vehicle but also your assets. It will also pay for medical transport and hospital expenses incurred in an accident. Liability coverage, the one required by state law, also pays for attorney fees and expenses if you are sued as the result of an accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will cover the repair costs.
The benefits of insuring your car greatly outweigh the cost, particularly when you have a large claim. The average driver in Colorado is overpaying more than $700 annually so compare quotes from several companies at every policy renewal to make sure the price is not too high.
Cheaper insurance premiums are possible
Cheap Chrysler Sebring insurance in Denver can be sourced from both online companies in addition to many Denver insurance agents, so you need to quote Denver car insurance with both to have the best selection. There are still a few companies who don’t offer the ability to get a quote online and these smaller providers work with independent insurance agencies.
When trying to cut insurance costs, it’s a bad idea to reduce coverage to reduce premium. In too many instances, an accident victim reduced liability limits or collision coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your strategy should be to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.
In this article, we covered some good ideas how you can shop for Chrysler Sebring insurance online. It’s most important to understand that the more companies you get car insurance rates for, the better likelihood of getting the cheapest Chrysler Sebring rate quotes. You may even be surprised to find that the lowest priced insurance comes from a small local company. These companies may have significantly lower car insurance rates on certain market segments than their larger competitors like GEICO and State Farm.
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