Want to learn the secrets to finding more affordable car insurance rates in Denver, CO? Denver consumers have lots of choices when looking for affordable Infiniti QX56 insurance. You can either waste hours contacting agents to compare prices or save time using the internet to find the lowest rates.
There are more efficient ways to shop for car insurance so you’re going to learn the quickest way to quote coverages for your Infiniti and locate the cheapest rates from both online companies and Denver agents.
It’s a great practice to check car insurance prices before your policy renews because prices are variable and change quite frequently. If you had the best rates on Infiniti QX56 insurance in Denver last year there is a good chance you can find better premium rates now. Forget all the misinformation about car insurance because you’re about to learn the proper way to lower your rates without sacrificing coverage.
Insurance discounts help lower rates for Infiniti QX56 insurance in Denver
Not too many consumers would say insurance is affordable, but there’s a good chance there are discounts to cut the cost considerably. Larger premium reductions will be automatically applied at the time of purchase, but some must be requested specifically before you get the savings.
- Telematics Data Discounts – Policyholders that allow their insurance company to look at when and where they use their vehicle by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks if they are good drivers.
- Life Insurance – If the company offers life insurance, you could get a discount if you purchase life insurance.
- Waiver for an Accident – Not a discount per se, but a handful of insurance companies will forgive one accident without raising rates if you are claim-free prior to the accident.
- Theft Deterrent Discount – Cars, trucks, and SUVs that have factory anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
- Employee of Federal Government – Having worked for a branch of the government may qualify for a discount when you quote Denver car insurance depending on your insurance provider.
- Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to buckle their seat belts can save a little off the PIP or medical payment premium.
- Own a Home – Owning a house in Denver can help you save on insurance since home ownership is proof of financial responsibility.
- Cautious Driver Discounts – Insureds without accidents can get discounts for up to 45% lower rates than less cautious drivers.
- Good Student – Getting good grades may save as much as 25% on a Denver car insurance quote. Earning this discount can benefit you well after school through age 25.
A little disclaimer on discounts, most discount credits are not given to the whole policy. Some only apply to individual premiums such as collision or personal injury protection. So even though you would think adding up those discounts means a free policy, that’s just not realistic.
Larger insurance companies and their offered discounts are shown below.
- State Farm may include discounts for good student, good driver, safe vehicle, student away at school, Steer Clear safe driver discount, passive restraint, and accident-free.
- American Family offers discounts for good driver, mySafetyValet, TimeAway discount, accident-free, early bird, multi-vehicle, and good student.
- AAA has savings for good driver, multi-car, multi-policy, AAA membership discount, and good student.
- GEICO offers premium reductions for anti-theft, air bags, five-year accident-free, seat belt use, good student, military active duty, and multi-policy.
- Mercury Insurance discounts include ease of repair, anti-theft, accident-free, annual mileage, and multi-policy.
- Farmers Insurance includes discounts for teen driver, good student, distant student, multi-car, early shopping, and mature driver.
- Progressive policyholders can earn discounts including multi-vehicle, online quote discount, continuous coverage, homeowner, multi-policy, and online signing.
If you want inexpensive Denver car insurance quotes, ask every insurance company what discounts are available to you. Savings might not be offered on policies in Denver.
All the larger auto insurance companies allow you to get price estimates online. Comparing Infiniti QX56 insurance rates online is fairly straightforward as you simply type in the amount of coverage you want on the page. Once you submit the form, the company’s rating system sends out for credit information and your driving record and gives you a price quote based on many factors.
Being able to quote online for Infiniti QX56 insurance in Denver simplifies rate comparisons, and it is imperative to get many rate quotes if you want to find the most affordable possible premiums on auto insurance.
To find out how much you’re overpaying now, compare quotes from the companies shown below. If you have a policy now, it’s recommended you replicate your coverages as close as possible to your current policy. This ensures you will have an apples-to-apples comparison based on the exact same insurance coverage.
The companies shown below provide comparison quotes in Colorado. If multiple companies are listed, we suggest you visit several of them to find the cheapest auto insurance rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| QX56 2WD 4-Dr | $270 | $490 | $358 | $22 | $108 | $1,248 | $104 |
| QX56 AWD 4-Dr | $182 | $382 | $368 | $22 | $110 | $1,064 | $89 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Information does not factor in specific zip code location which can modify auto insurance rates greatly.
Should you buy full coverage?
The example below illustrates the difference between Infiniti QX56 auto insurance rates with and without full coverage. The price estimates are based on no driving violations, no at-fault accidents, $500 deductibles, single female driver, and no policy discounts are applied.
Guidelines for eliminating full coverage
There is no written rule of when to phase out physical damage insurance, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Infiniti QX56 replacement cost is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most you would receive is $2,000 after paying the physical damage deductible. If you are paying in excess of $200 annually for your policy with full coverage, then it might be time to buy liability only.
There are some scenarios where dropping physical damage coverage is not advised. If you still owe money on your vehicle, you have to carry full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle in case of an accident, you should not consider dropping full coverage.
Should you raise deductibles?
The hardest decision when buying coverage is what deductibles to buy. The data tables below may help you to understand the difference in cost when you select higher and lower physical damage deductibles. The first table uses a $100 physical damage deductible and the second price chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| QX56 2WD 4-Dr | $380 | $740 | $352 | $20 | $106 | $1,623 | $135 |
| QX56 AWD 4-Dr | $380 | $740 | $352 | $20 | $106 | $1,623 | $135 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| QX56 2WD 4-Dr | $210 | $390 | $352 | $20 | $106 | $1,078 | $90 |
| QX56 AWD 4-Dr | $210 | $390 | $352 | $20 | $106 | $1,078 | $90 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on 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, homeowner, and safe-driver. Premium amounts do not factor in your specific Denver location which can revise rates significantly.
Based on this data, using a $100 deductible will cost you approximately $45 more each month or $540 for a full year than quoting the higher $1,000 deductible. Because you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you average more than 20 months between claims, you would more than likely save some money going with the higher deductible.
Accidents and violations increase rates
The chart below illustrates how violations and fender-benders can drive up Infiniti QX56 insurance rates for different insured age categories. The premium estimates are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.
Five factors that influence insurance rates
Consumers need to have an understanding of some of the factors that are used to determine the price you pay for insurance. When consumers understand what impacts premium levels, this allows you to make educated decisions that can earn you lower premium levels. Many different elements are part of the calculation when pricing auto insurance. Some of the criteria are obvious such as traffic violations, but other factors are less apparent such as your credit history or your vehicle rating.
- With age comes lower rates – More experienced drivers are viewed as being more responsible, file fewer claims, and are safer drivers.Beginning drivers tend to be easily distracted when driving so insurance rates are higher.
- Your gender affects prices – Statistics have proven females are less aggressive when driving. It does not mean women are BETTER drivers than men. They both are responsible for at-fault accidents in similar percentages, but the males tend to have higher claims. In addition to higher claims, males also get higher numbers of serious violations like DWI (DUI) or reckless driving. Males from age 16 to 21 cause the most accidents and therefore are the most expensive to insure.
- Alarm systems systems cut premiums – Driving a car that has an advanced theft prevention system can help lower your premiums. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft.
- Insurance policy lapses increase prices – Not having insurance is a big no-no and companies may charge more for letting your coverage lapse. In addition to paying higher rates, not being able to provide proof of insurance could earn you a license revocation or jail time.
- Poor credit score equals high premiums – Having a good credit score is a large factor in determining your rates. So if your credit history is not that good, you could pay less to insure your Infiniti QX56 by spending a little time repairing your credit. People with very high credit ratings tend to be better drivers and file fewer claims than drivers who have poor credit scores.
Car insurance agents near you
Certain consumers still like to sit down and talk to an agent and often times that is recommended Good agents are trained risk managers and help file insurance claims. One of the best bonuses of getting free rate quotes online is that drivers can save money and get cheap auto insurance quotes and also buy local. And buying from neighborhood insurance agencies is important especially in Denver.
Upon completion of this form (opens in new window), the coverage information is instantly submitted to local insurance agents who will give you quotes and help you find cheaper coverage. It simplifies rate comparisons since you won’t have to visit any agencies since price quotes are sent instantly to you. If for some reason you want to get a price quote for a specific company, don’t hesitate to navigate to their website and give them your coverage information.
If you want a local Denver insurance agency, there are a couple of types of agencies and how they operate. Agents in Denver are categorized either exclusive or independent (non-exclusive). Either can provide auto insurance policies, but we need to point out how they differ since it could factor into the selection process.
Independent Insurance Agents
Agents in the independent channel are not locked into one company so as a result can place your coverage with an assortment of companies and find you cheaper rates. If they find a lower price, they can switch companies in-house and the insured can keep the same agent. When comparing auto insurance rates, you should always check rates from a few independent agents in order to compare the most rates. They often place coverage with additional companies that you may not be familiar with that may have much lower rates than larger companies.
Featured below is a small list of independent agencies in Denver who may be able to give you rate quotes.
- Gonzalez Insurance Agency
6450 E Colfax Ave – Denver, CO 80220 – (303) 320-4901 – View Map - FUSA Insurance Agency
7900 E Union Ave #200 – Denver, CO 80237 – (303) 752-5806 – View Map - Premier Group Insurance
1777 W 38th Ave #102 – Denver, CO 80211 – (303) 477-0505 – View Map
Exclusive Auto Insurance Agencies
Exclusive insurance agents can only write with one company and examples are Farmers Insurance and State Farm. These agents are unable to provide rate quotes from other companies so they are skilled at selling on more than just price. Exclusive agents are well trained on their company’s products which helps them sell on service rather than price. Some insured continue to use the same agent partially due to the brand and the convenience of having a single billing for all their coverages.
Below is a short list of exclusive agencies in Denver willing to provide rate quotes.
- Lori Rickert State Farm®
714 S Pearl St – Denver, CO 80209 – (303) 757-7440 – View Map - Allstate Insurance: Eddie W. Pacheco
6200 E Yale Ave – Denver, CO 80222 – (303) 788-0777 – View Map - State Farm: Sid Priday
2955 Inca St #1b – Denver, CO 80202 – (303) 825-7909 – View Map
Finding the right insurance agency requires more thought than just the premium amount. Some important questions to ask are:
- Will the quote change when the policy is issued?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Are they in the agency full-time?
- Will the agent or a CSR service your policy?
- Do they regularly work with personal auto policies in Denver?
Protect your Infiniti QX56 and other assets
Despite the fact that auto insurance is not cheap in Denver, buying auto insurance is required in Colorado but it also protects you in many ways.
- Just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific minimum amount of liability protection 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 you have a loan on your Infiniti, almost every bank will make it a condition of the loan that you buy full coverage to guarantee loan repayment. If you default on your policy, the bank or lender will purchase a policy for your Infiniti at a much higher premium rate and force you to pay the higher premium.
- Auto insurance preserves your Infiniti QX56 and your assets. It will also pay for medical expenses that are 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 mother nature or an accident damages your car, your policy will cover the repair costs.
The benefits of buying enough insurance more than cancel out the cost, especially with large liability claims. An average driver in America overpays as much as $855 a year so we recommend shopping around at every renewal to ensure rates are inline.
Auto insurance savings summarized
Cheaper auto insurance in Denver is definitely available on the web and also from your neighborhood Denver agents, and you should compare rates from both to have the best selection. Some companies don’t offer online quoting and usually these regional insurance providers work with independent agents.
You just read quite a bit of information on how to shop for Infiniti QX56 insurance online. The key concept to understand is the more quotes you get, the better chance you’ll have of finding the cheapest Infiniti QX56 rate quotes. You may even be surprised to find that the lowest priced auto insurance comes from the least-expected company.
When searching for low cost Denver car insurance quotes, it’s a bad idea to buy poor coverage just to save money. There have been many cases where consumers will sacrifice collision coverage and found out when filing a claim they didn’t have enough coverage. Your focus should be to get the best coverage possible at the best price.
Additional learning opportunities
- Understanding Your Insurance Deductible (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Rates for a Dodge Ram in Denver? (FAQ)
- Who Has Cheap Denver Car Insurance for Single Moms? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Immigrants in Denver? (FAQ)
- Who Has Affordable Denver Auto Insurance Rates for a Ford Explorer? (FAQ)
- How Much Auto Coverage do I Need? (Insurance Information Institute)
- Five Tips to Save on Auto Insurance (Insurance Information Institute)
- A Tree Fell on Your Car: Now What? (Allstate)
- Frontal Crash Tests (iihs.org)