2015 Mercedes-Benz SLS AMG GT Final Edition Insurance Rates – 6 Tips for Cheapest Quotes

Are you a victim of an overpriced car insurance policy? Trust us, you’re not alone. Drivers have multiple insurance companies to purchase coverage from, and though it is a good thing to have a selection, it makes it harder to compare rates.

It’s a good idea to do rate comparisons periodically since rates are constantly changing. Even if you got the lowest price for SLS AMG GT Final Edition insurance last year the chances are good that you can find a lower rate today. Starting right now, forget anything you know (or think you know) about car insurance because you’re going to get a crash course in one of the best ways to reduce your cost while increasing coverage.

Don’t overlook these six discounts

Insuring your vehicles can cost a lot, but you may find discounts to help offset the cost. Most are applied at quote time, but less common discounts must be manually applied before being credited. If you don’t get every credit you qualify for, you are paying more than you should be.

  • Multiple Vehicles – Buying insurance for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for reduced rates for SLS AMG GT Final Edition insurance.
  • E-sign – Certain companies will give a small break for buying your policy online.
  • Drive Safe and Save – Safe drivers may receive a discount up to 45% less for SLS AMG GT Final Edition insurance than drivers with accidents.
  • Low Mileage Discounts – Keeping the miles down on your Mercedes-Benz could qualify for lower rates on the low mileage vehicles.
  • Sign Early and Save – Some insurance companies reward drivers for switching to them before your current policy expires. It can save you around 10%.

Drivers should understand that most discounts do not apply to all coverage premiums. Most cut the cost of specific coverages such as comprehensive or collision. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way. But any discount will cut the cost of coverage.

For a list of insurers offering auto insurance discounts, follow this link.

How to Get Auto Insurance Comparison Quotes

Cutting your auto insurance rates isn’t really that difficult. Consumers just need to take time getting comparison quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The first (and easiest) way to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This method eliminates the need for separate quote forms for each company you want a rate for. One simple form gets you coverage quotes from several companies.
  2. A slightly less efficient method to shop for auto insurance online requires visiting each company’s website and request a quote. For sake of this example, let’s assume you want rates from Farmers, Safeco and GEICO. To get each rate you have to visit each site to enter your coverage information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.
  3. The least recommended way to compare rates is driving around to insurance agents’ offices. The ability to buy insurance online has reduced the need for local agents unless you want the trained guidance only provided by licensed agents. Drivers can get prices online but still have the advice of a local agent.

It’s up to you which method you use, but double check that you are using exactly the same information for every quote you compare. If you compare higher or lower deductibles you can’t possibly determine the best price for your Mercedes-Benz SLS AMG GT Final Edition.

Is my situation unique?

When choosing coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions could help you determine if you will benefit from professional help.

  • Do I have coverage when making deliveries for my home business?
  • How many claims can I have before being cancelled?
  • I have good health insurance, so how much medical payments coverage do I need?
  • If my pet gets injured in an accident are they covered?
  • Does my liability insurance cover pulling a trailer or camper?
  • Can I drive in Mexico and have coverage?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can help protect your family.

Educate yourself about auto insurance coverages

Understanding the coverages of your policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. These are the normal coverages available from auto insurance companies.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2015 Mercedes-Benz SLS AMG GT Final Edition.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits are similar to your liability insurance amounts.

Comprehensive coverages

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as hitting a bird, hitting a deer and hail damage. The most your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Coverage for liability

Liability insurance can cover damage that occurs to other people or property that is your fault. Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 100/300/100 which means $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.

Liability can pay for things like court costs, funeral expenses, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Collision coverage

This will pay to fix damage to your SLS AMG GT Final Edition resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as rolling your car, damaging your car on a curb, sustaining damage from a pot hole, crashing into a ditch and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for expenses such as chiropractic care, ambulance fees, X-ray expenses, hospital visits and dental work. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

At the end of the day…

Throughout this article, we presented a lot of ways to lower your 2015 Mercedes-Benz SLS AMG GT Final Edition insurance rates. The key concept to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from a company that doesn’t do a lot of advertising. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or GEICO.

When shopping online for auto insurance, it’s a bad idea to buy less coverage just to save a little money. There are a lot of situations where an accident victim reduced comprehensive coverage or liability limits only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy a smart amount of coverage for the lowest price while still protecting your assets.

More information is available at the links below