Cheaper 2012 Mercedes-Benz SLS AMG Insurance Quotes

Searching for better insurance coverage rates for your Mercedes-Benz SLS AMG? Having to pay for expensive Mercedes-Benz SLS AMG insurance can bottom out your budget and possibly require you to analyze your spending habits. Performing a rate comparison is a smart way to make ends meet.

Many insurers compete to insure your vehicles, so it’s not easy to compare every insurance company and uncover the absolute best rate

It’s a great practice to get comparison quotes at least once a year because prices are rarely the same from one policy term to another. If you had the lowest rates on SLS AMG coverage a year ago the chances are good that you can find a lower rate quote today. Forget all the misinformation about insurance coverage because you’re about to learn the best way to buy cheaper insurance coverage.

If you have a current car insurance policy or need a new policy, you can use these tips to find better prices and possibly find even better coverage. Choosing the best insurance company for you is not rocket science. Consumers just need to understand the best way to compare rates over the internet.

Double check you’re getting these discounts

Car insurance companies don’t necessarily list every possible discount very well, so here is a list some of the more common and also the lesser-known discounts you could be receiving when you buy auto insurance online.

• Homeowners Pay Less – Owning a home can earn you a little savings because owning a home shows financial diligence.
• Good Students Pay Less – Excelling in school can earn a discount of 20% or more. Earning this discount can benefit you up to age 25.
• Discounts for Federal Employees – Active or retired federal employment could provide a small rate reduction on SLS AMG coverage with some insurance coverage companies.
• First Accident Forgiveness – This one is not really a discount per se, but companies like Allstate, State Farm and Geico will turn a blind eye to one accident without the usual rate increase if you are claim-free for a specific time period.
• Passive Restraints and Air Bags – Vehicles equipped with air bags or motorized seat belts may get savings of 20% or more.
• Discount for Life Insurance – Not all companies offer life insurance, but some may give you a discount if you purchase some life insurance in addition to your auto policy.
• College Student Discount – Children who attend college more than 100 miles from home and won’t have access to an insured vehicle can receive lower rates.
• Online Discount – A few larger online companies will give you a small discount for signing up over the internet.
• Seat Belt Discounts – Requiring all passengers to buckle their seat belts can save up to 15% off PIP or medical payments premium.

As a sidenote, some credits don’t apply to your bottom line cost. Most only reduce the price of certain insurance coverages like medical payments or collision. Despite the fact that it seems like adding up those discounts means a free policy, you aren’t that lucky.

A few of the larger companies and a summarized list of policyholder discounts can be found below.

• State Farm may have discounts that include good student, multiple policy, anti-theft, safe vehicle, passive restraint, and driver’s education.
• Esurance includes discounts for DriveSense, renters, online quote, emergency road assistance, anti-lock brakes, multi-car, and paid-in-full.
• Progressive has savings for online quote discount, good student, online signing, homeowner, multi-policy, and multi-vehicle.
• Liberty Mutual offers discounts for newly married, teen driver discount, newly retired, good student, safety features, and exclusive group savings.
• Auto-Owners Insurance offers premium reductions for safe driver, air bags, company car, paperless, and group or association.
• Geico discounts include daytime running lights, anti-lock brakes, driver training, five-year accident-free, anti-theft, and membership and employees.

If you want cheaper auto insurance quotes, ask every insurance company which discounts can lower your rates. Some discounts listed above might not apply everywhere. To see insurance coverage companies with discount rates, click here to view.

Special considerations

When buying adequate coverage, there really is no cookie cutter policy. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions could help you determine if you could use an agent’s help.

• Can I rate high risk drivers on liability-only vehicles?
• Is my babysitter covered when using my vehicle?
• Is my cargo covered for damage or theft?
• Why do I need rental car insurance?
• What is the rate difference between pleasure use and commuting?
• How can I get my company to pay me more for my totalled car?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance coverage companies in your area. It is quick, free and can provide invaluable advice.

Coverage specifics

Learning about specific coverages of your car insurance policy can be of help when determining the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most car insurance policies.

Medical expense insurance

Med pay and PIP coverage reimburse you for expenses for surgery, EMT expenses, hospital visits and prosthetic devices. They are used in conjunction with a health insurance policy or if you do not have health coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Collision coverage

This coverage pays for damage to your SLS AMG from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a mailbox, crashing into a building, sideswiping another vehicle, scraping a guard rail and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz SLS AMG.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, a broken windshield and theft. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability car insurance

This provides protection from injuries or damage you cause to a person or their property in an accident. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for claims like funeral expenses, medical services, medical expenses, repair costs for stationary objects and court costs. How much liability should you purchase? That is a decision to put some thought into, but buy as much as you can afford.

Online plus local equals savings

When you buy auto insurance online, make sure you don’t reduce coverage to reduce premium. There are too many instances where an accident victim reduced uninsured motorist or liability limits only to discover later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy a smart amount of coverage at a price you can afford and still be able to protect your assets.

You just read a lot of information how to get a better price on 2012 Mercedes-Benz SLS AMG insurance. The key thing to remember is the more companies you get rates for, the higher your chance of finding the cheapest auto insurance. You may even find the best prices are with the smaller companies. These companies may often insure only within specific states and give getter rates compared to the large companies like State Farm or Progressive.

Additional information

• How do I File a Claim? (Insurance Information Insitute)
• State Car Insurance Guides (Geico)
• If I File a Claim will My Insurance Go Up? (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Child Safety Seats (Insurance Information Insitute)