Trying to find the cheapest Mercedes-Benz C350 insurance in Colorado Springs? Trying to find low-cost insurance for a Mercedes-Benz C350 in Colorado can turn out to be a lot of work, but you can use these tips to make it easier. There is a better way to find auto insurance online and you need to know the best way to compare rates for a Mercedes-Benz and obtain the cheapest rates from Colorado Springs insurance agents and online providers.
We don’t have to tell you that car insurance companies don’t want their policyholders to compare prices. People who shop for lower prices will most likely switch auto insurance companies because there is a high probability of finding a policy with more affordable rates. A recent survey discovered that people who compared rates regularly saved an average of $850 each year compared to policyholders who never compared rates.
If finding the cheapest rates on Mercedes-Benz C350 insurance in Colorado Springs is the reason you’re here, then learning a little about how to get price quotes and compare coverage rates can make it easier for you to save money.
Locating the best rates in Colorado Springs is actually quite easy if you know where to start. If you’re already insured or are looking for a new policy, use these techniques to buy cheaper car insurance and still get good coverage. Drivers just have to use the quickest method to compare rates online.
How to get Colorado Springs Mercedes-Benz C350 insurance price quotes
The following companies have been selected to offer comparison quotes in Colorado Springs, CO. In order to find cheaper car insurance in Colorado, we suggest you visit as many as you can in order to find the most competitive rates.
Insurance coverage analysis
The data table below highlights a range of policy rates for Mercedes-Benz C350 models. Learning how rate quotes are figured is important to be able to make informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C350 W 4-Dr Sedan | $422 | $910 | $474 | $28 | $142 | $1,976 | $165 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes single female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Rate information does not factor in specific location which can raise or lower premiums substantially.
Can higher deductibles save money?
The hardest decision when buying coverage is the level to set your comp and collision deductibles. The rates below may help you to understand the price difference when you select higher and lower insurance deductibles. The first price estimate table uses a $100 deductible and the second price table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| C350 W 4-Dr Sedan | $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 |
|---|---|---|---|---|---|---|---|
| C350 W 4-Dr Sedan | $278 | $500 | $352 | $20 | $106 | $1,256 | $105 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-vehicle, safe-driver, homeowner, multi-policy, and claim-free. Premium costs do not factor in Colorado Springs location which can increase or decrease premium rates substantially.
Based on these figures, using a $100 deductible would cost the average driver about $30 more each month or $360 annually than choosing the higher $500 deductible. Due to the fact that you would have to pay $400 more out of your own pocket with a $500 deductible as compared to a $100 deductible, if you normally go at least 13 months between claim filings, you would save more money going with the higher deductible.
How to determine if raising deductibles makes sense
| Average monthly premium for $100 deductibles: | $135 |
| Average monthly premium for $500 deductibles (subtract): | – $105 |
| Monthly savings from raising deductible: | $30 |
| Difference between deductibles ($500 – $100): | $400 |
| Divide difference by monthly savings: | $400 / $30 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
How careless driving impacts Colorado Springs auto insurance rates
The information below illustrates how violations and at-fault fender-benders increase Mercedes-Benz C350 premium costs for different insured age categories. The rate quotes are based on a married male driver, full coverage, $250 deductibles, and no policy discounts are applied.
How much more does full coverage cost?
The example below shows the difference between Mercedes-Benz C350 premium costs with liability coverage only compared to full coverage. The data is based on no violations or accidents, $250 deductibles, drivers are not married, and no other discounts are factored in.
Guidelines for eliminating full coverage
There is no written rule of when to eliminate physical damage coverage, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than about 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let’s pretend your Mercedes-Benz C350 replacement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $6,000 after paying your policy deductible. If you are currently paying more than $600 a year for physical damage coverage, then you might want to consider buying only liability coverage.
There are some cases where removing full coverage is not a good plan. If you have an outstanding loan on your vehicle, you are required to maintain full coverage in order to keep the loan. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should keep full coverage in place.
Why you need car insurance
Despite the high cost, insuring your vehicle may not be optional for several reasons.
- Almost all states have compulsory liability insurance requirements which means you are required to buy a specific level of liability protection in order to get the vehicle licensed. 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 vehicle has a lienholder, almost all lenders will stipulate that you have full coverage to guarantee loan repayment. If you do not keep the policy in force, the bank may insure your Mercedes-Benz at a much higher rate and require you to pay for the expensive policy.
- Car insurance protects your vehicle and your assets. It will also reimburse you for medical bills incurred in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees if you are sued as the result of an accident. If your car is damaged in a storm or accident, your policy will pay to have it repaired.
The benefits of buying enough insurance more than cancel out the cost, especially for larger claims. According to a 2015 survey, the average American driver is overpaying over $830 a year so it’s recommended you shop around at least once a year to help ensure money is not being wasted.
Get Lower-cost Insurance Prices by Understanding These Factors
When buying car insurance it’s important to understand the factors that are used to determine the price you pay for car insurance. When consumers understand what determines base rates, this empowers consumers to make smart changes that could result in lower premium levels. Many factors are taken into consideration when premium rates are determined. Some factors are common sense like an MVR report, but other factors are less obvious such as your marital status or your vehicle rating.
The list below includes some of the most common factors used by companies to determine your rates.
Eliminate unneeded add-on coverages – Policies have extra add-on coverages you can purchase on your car insurance policy. Insurance for things like roadside assistance, accident forgiveness, and extra life insurance coverage may be costing you every month. They may seem good when you first buy your policy, but if you’ve never needed them in the past think about removing them and cutting costs.
Liability insurance claims can be big – The liability coverage on your policy is the protection if ever you are found liable for personal injury or accident damage. Your policy’s liability insurance provides legal defense coverage starting from day one. It is affordable coverage compared to other policy coverages, so do not cut corners here.
Save money with alarm systems – Selecting a car model with a theft deterrent system can get you a discount on your car insurance. Systems that thwart thieves like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all hinder car theft.
Does auto insurance cost less for women? – Statistics demonstrate women tend to be less risk to insure than men. It does not mean men are WORSE drivers than women. They both get in fender benders at about the same rate, but men have costlier accidents. Men also have more aggressive citations like DUI and reckless driving. Males from age 16 to 21 cause the most accidents so they pay the highest premiums.
The illustration below illustrates the comparison of Mercedes-Benz C350 yearly insurance costs for male and female drivers. The information is based on no accidents, no driving violations, comp and collision included, $1,000 deductibles, drivers are single, and no other discounts are factored in.
Get discounts on Colorado Springs car insurance
Companies don’t necessarily list all available discounts in an easy-to-find place, so the list below gives a summary of some of the best known and the harder-to-find savings tricks you should be using when you buy Colorado Springs auto insurance online.
- Claim-Free Discount – Good drivers with no accidents get the best car insurance rates in comparison with drivers who are more careless.
- Discount for Life Insurance – Some insurance companies give a discount if you purchase a life insurance policy as well.
- Military Deployment Discount – Having a family member in the military could be rewarded with lower rates.
- Early Renewal Discounts – Some larger companies reward drivers for switching to them prior to your current C350 insurance policy expiring. It’s a savings of about 10%.
- Pay Early and Save – By making one initial payment rather than paying in monthly installments you can avoid monthly service charges.
- Accident Forgiveness Coverage – This one is not really a discount per se, but companies like Progressive, Allstate, and GEICO allow you one accident before they charge you more for coverage with the catch being you have to be claim-free for a specific time period.
You can save money using discounts, but some of the credits will not apply to the whole policy. Some only apply to the price of certain insurance coverages like comp or med pay. Despite the appearance that adding up those discounts means a free policy, company stockholders wouldn’t be very happy.
The illustration below illustrates the comparison of Mercedes-Benz C350 car insurance costs with and without policy discounts. The premium estimates are based on a male driver, no driving violations, no at-fault accidents, Colorado state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-car, multi-policy, claim-free, and homeowner discounts applied.
Companies and a summarized list of policyholder discounts are:
- State Farm may have discounts that include multiple policy, defensive driving training, anti-theft, driver’s education, and Steer Clear safe driver discount.
- Progressive includes discounts for multi-vehicle, multi-policy, online signing, homeowner, good student, continuous coverage, and online quote discount.
- Progressive has savings for online signing, continuous coverage, homeowner, good student, and multi-policy.
- MetLife offers discounts including claim-free, accident-free, good driver, multi-policy, good student, and defensive driver.
- Farm Bureau discounts include youthful driver, good student, 55 and retired, driver training, renewal discount, and safe driver.
- GEICO may offer discounts for military active duty, multi-vehicle, driver training, anti-lock brakes, federal employee, and membership and employees.
- SAFECO policyholders can earn discounts including anti-lock brakes, teen safety rewards, drive less, bundle discounts, accident prevention training, and multi-car.
If you want low cost Colorado Springs auto insurance quotes, ask all companies you are considering which discounts you may be entitled to. Savings may not apply to policyholders in Colorado Springs. If you would like to see a list of insurance companies with the best discounts in Colorado, follow this link.
Compare prices but work with a local Colorado Springs insurance agent
Many drivers would rather buy from a local agent and there is nothing wrong with that. Licensed agents can point out coverage gaps and will help you if you have claims. One of the best bonuses of getting online price quotes is that drivers can save money and get better rates and still buy from a local agent.
For easy comparison, once you complete this form (opens in new window), your insurance coverage information gets sent to participating agents in Colorado Springs that can provide free Colorado Springs auto insurance quotes for your coverage. You never need to search for an agent since price quotes are sent directly to you. If you wish to quote rates from a specific car insurance provider, you would need to search and find their rate quote page and fill out the quote form the provide.
Selecting an company requires you to look at more than just the premium amount. These are some valid questions you should ask.
- Is auto insurance their primary focus in Colorado Springs?
- Are all drivers listed on the coverage quote?
- Is the quote a firm price?
- Are aftermarket or OEM parts used to repair vehicles?
- Does the company have a solid financial rating?
Colorado Springs car insurance agents come in two flavors
If you want to use a reliable insurance agency, you must know there are a couple types of agencies and how they can quote your rates. Agencies in Colorado Springs may be either independent or exclusive depending on the company they work for. Either can sell affordable car insurance policies, but it’s worth learning the subtle differences since it can affect which type of agent you select.
Exclusive Car Insurance Agencies
Exclusive insurance agents can only provide one company’s prices like Allstate, State Farm and Farm Bureau. They usually cannot compare rates from other companies so they have to upsell other benefits. Exclusive insurance agents are usually quite knowledgeable on their company’s products and that can be a competitive advantage. Consumers sometimes buy insurance from these agents primarily because of high brand loyalty rather than low rates.
Shown below are Colorado Springs exclusive agencies that can give you price quotes.
- J.R. Rodney State Farm®
1825 Main St #D – Colorado Springs, CO 80911 – (719) 392-7366 – View Map - Austin Morgan – State Farm Insurance Agent
2606 Palmer Park Blvd – Colorado Springs, CO 80909 – (719) 630-1800 – View Map - Kevin Good – State Farm Insurance Agent
11550 Ridgeline Dr #118 – Colorado Springs, CO 80921 – (719) 599-8200 – View Map
Independent Agents (or Brokers)
Agents of this type are not limited to a single company so as a result can place your coverage with any number of different companies and help determine which has the cheapest rates. To transfer your coverage to a different company, your agent can just switch to a different company and you won’t have to switch agencies. When searching for an agent, we highly recommend that you include at a minimum one independent agency to have the most options to choose from. A lot of them also have access to companies you’ve never heard of who may have lower rates.
Listed below are independent insurance agencies in Colorado Springs that can give you price quote information.
- O’Donnell Agency Inc
707 S Tejon St – Colorado Springs, CO 80903 – (719) 227-7100 – View Map - Pikes Peak Insurance Agency
2306 N Powers Blvd #120 – Colorado Springs, CO 80915 – (719) 591-4500 – View Map - Springs Insurance Brokers
1837 Austin Bluffs Pkwy #101 – Colorado Springs, CO 80918 – (719) 268-1300 – View Map
After receiving positive feedback to your questions and locked in a price quote, chances are good that you have found an auto insurance agent that is a good match to service your policy. Just remember consumers can cancel coverage when you choose so don’t assume that you are obligated to a specific company for the entire policy term.
Colorado Springs car insurance company ratings
Buying coverage from a high-quality auto insurance company can be a challenge considering how many companies sell coverage in Colorado Springs. The ranking information shown below could help you analyze which companies to look at purchasing a policy from.
Top 10 Colorado Springs Car Insurance Companies Ranked by Value
- USAA
- American Family
- The Hartford
- Titan Insurance
- The General
- Mercury Insurance
- AAA Insurance
- State Farm
- Nationwide
- Safeco
Top 10 Colorado Springs Car Insurance Companies Overall
- USAA
- American Family
- State Farm
- The Hartford
- AAA Insurance
- GEICO
- The General
- Titan Insurance
- Progressive
- Mercury Insurance
Shop smart and save
Insureds switch companies for any number of reasons including policy non-renewal, being labeled a high risk driver, not issuing a premium refund or even delays in responding to claim requests. Whatever your reason, switching auto insurance companies can be easier than you think.
As you prepare to switch companies, it’s very important that you do not sacrifice coverage to reduce premiums. In many cases, an insured cut comprehensive coverage or liability limits only to find out they didn’t purchase enough coverage. Your goal should be to buy enough coverage at an affordable rate.
Lower-priced Mercedes-Benz C350 insurance in Colorado Springs is attainable both online and from local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not offer rates over the internet and most of the time these smaller providers provide coverage only through independent insurance agents.
Steps to finding the cheapest rates for Mercedes-Benz C350 insurance in Colorado Springs
To save the most money, the best way to get affordable auto insurance rates in Colorado Springs is to regularly compare quotes from companies in Colorado.
First, get an understanding of how companies set rates and the steps you can take to prevent rate increases. Many factors that drive up the price like inattentive driving and poor credit history can be controlled by paying attention to minor details.
Second, compare rates from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can provide rates from one company like GEICO or Allstate, while independent agencies can provide price quotes for a wide range of companies.
Third, compare the new rate quotes to your current policy to determine if you can save on C350 insurance. If you find a better price and change companies, verify that coverage does not lapse between policies.
Fourth, notify your company or agent of your decision to cancel the current policy and submit the required down payment along with the signed application to the new company. Once the application is submitted, place the new certificate verifying proof of insurance in your vehicle’s glove compartment or console.
One key aspect of rate comparisons is to compare the same level of coverage on every quote request and to quote with as many companies as feasibly possible. Doing this provides an apples-to-apples comparison and maximum price selection.
To learn more, take a look at the articles below:
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Who Has Cheap Car Insurance Rates for 4×4 Vehicles in Colorado Springs? (FAQ)
- Who Has Affordable Colorado Springs Car Insurance for Felons? (FAQ)
- How Much are Car Insurance Quotes for Electric Cars in Colorado Springs? (FAQ)
- How Much is Colorado Springs Auto Insurance for Used Cars? (FAQ)
- Who Has Cheap Colorado Springs Car Insurance for a 20 Year Old Female? (FAQ)
- Prom Night Tips for Teen Drivers (State Farm)
- Distracted Driving (Insurance Information Institute)
- State Car Insurance Guides (GEICO)
- Older Drivers FAQ (iihs.org)