Lower Your 2013 Mercedes-Benz SLS AMG GT Insurance Rates

Are you at wits end from being strong-armed to pay your insurance coverage bill each month? You have the same problem as many other consumers. Insurance companies such as GEICO, Progressive and Allstate promote their brand names with ads and consumers find it hard to avoid their marketing magic and do the work needed to find the best deal.

If you have a policy now or are looking for a new policy, you can use these techniques to shop for the lowest rates while maintaining coverages. Finding the best rates is quite easy. Drivers only need to know the most effective way to compare rates over the internet.

Insurance coverage discounts are available to lower your rates

Companies that sell car insurance don’t necessarily list every discount they offer in a way that’s easy to find, so we break down some of the more common and the harder-to-find insurance coverage savings.

  • Discounts for New Vehicles – Insuring a vehicle that is new can cost up to 25% less since newer models are generally safer.
  • Military Rewards – Being on active duty in the military can result in better insurance coverage rates.
  • Discount for Swiching Early – A few insurance companies offer discounts for renewing your policy early. This can save 10% or more.
  • Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts can receive discounts of up to 25% or more.
  • First Accident Forgiveness – This one isn’t a discount, but a few companies such as GEICO, Progressive, and Allstate will turn a blind eye to one accident without getting socked with a rate hike if you are claim-free prior to being involved in the accident.
  • Low Miles Discount – Driving fewer miles can qualify you for cheaper prices.
  • Payment Method – If you pay your entire premium ahead of time as opposed to paying monthly you may have a lower total premium amount.
  • Defensive Driver – Passing a defensive driver course could cut 5% off your bill and make you a better driver.
  • ABS Brakes – Anti-lock brake equipped vehicles prevent accidents and qualify for as much as a 10% discount.

As is typical with insurance, some credits don’t apply to the entire cost. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. Just because you may think you would end up receiving a 100% discount, it doesn’t quite work that way.

Insurance companies that may offer policyholders many of the previously listed discounts include:

If you need cheaper insurance quotes, ask every company how many discounts you can get. A few discounts might not be available to policyholders in your area. To see a list of providers that offer many of these discounts, click here to view.

How much does car insurance cost?

Lowering your 2013 Mercedes-Benz SLS AMG GT car insurance rates is pretty simple and can save money. All you need to do is take time comparing rates from some recommended companies. You can get a good selection of rate quotes using a couple different methods.

  1. If you are pressed for time, the simplest way to get quotes for comparison is to use a rate comparison form like this one (opens in new window). This style of form prevents you from having to do multiple quote forms for every car insurance company. One form gets you coverage quotes from multiple low-cost companies.
  2. A different way to compare prices consists of visiting the website of each company and fill out a new quote form. For examples sake, let’s say you want to compare rates from Liberty Mutual, Esurance and American Family. To find out each rate you need to go to every website and enter your information, which explains why we recommend starting with the first method. For a list of companies in your area, click here.
  3. The least recommended method of comparing rate quotes is going to each insurance agency near you. Quoting online makes this unnecessary unless you have a need for the peace of mind of a licensed agent. Although you can compare online quotes and have a local agent actually service the policy.

However you get your quotes, be certain you are entering exactly the same quote information for every quote you compare. If your comparisons have different liability limits it’s not possible to get a fair rate comparison.

Informed drivers save on insurance

Lots of factors are considered when you get your auto insurance bill. Some factors are common sense like a motor vehicle report, although others are less apparent like where you live or your financial responsibility.It’s important that you understand the factors that come into play when calculating insurance coverage rates. If you know what controls the rates you pay, this enables you to make decisions that could help you find much lower annual insurance costs.

Shown below are some of the major factors utilized by car insurance companies to help set premiums.

  • Lower prices for being claim-free – If you’re an insured who likes to file claims you can expect either a policy non-renewal or much higher rates. Car insurance companies generally give the lowest premiums to insureds who only file infrequent claims. Your car insurance is intended for more catestrophic claims.
  • Annual miles is a factor – The more you drive your Mercedes-Benz in a year’s time the higher your rate. Many insurance companies calculate rates based upon how the vehicle is primarily used. Cars not used for work or commuting can get a lower rate compared to those used for work or business. An incorrectly rated SLS AMG GT may be costing you higher rates. Verify your insurance coverage policy reflects the right rating data, because it can save money.
  • Save money with alarm systems – Choosing to buy a car with a theft deterrent system can save you a little every year. Advanced theft deterrents such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder vehicle theft.
  • If you don’t need it don’t buy it – There are a ton of additional coverages that can waste your money on your SLS AMG GT policy. Insurance for coverage for rental cars, accident forgiveness, and extra equipment coverage may not be needed and are just wasting money. You may think they are a good idea when talking to your agent, but your money might be better spent on other coverage so eliminate them to save money.
  • Driver age impacts rates – Drivers with little experience are statistically proven to be inattentive when driving therefore insurance coverage rates are much higher. If you’ve ever had to add a teenage driver to your policy will cause a huge premium hike. Mature drivers are proven to be safer behind the wheel, cause fewer claims and accidents and are safer drivers.
  • Big city or small town – Choosing to live in smaller towns and rural areas of the country has it’s advantages when talking about insurance coverage. Fewer people translates into fewer accident claims. Urban drivers regularly have more aggressive driving styles and more severe claims. More time on the road can result in more accidents.

Everyone needs different insurance coverage coverages

When it comes to buying the right insurance coverage, there really is not a “perfect” insurance plan. Everyone’s needs are different and a cookie cutter policy won’t apply. For instance, these questions can aid in determining whether or not you might need an agent’s assistance.

  • What should my uninsured motorist coverage limits be in my state?
  • How high should deductibles be on a 2013 Mercedes-Benz SLS AMG GT?
  • Do I need more liability coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Is upholstery damage covered by car insurance?
  • Do I have coverage when making deliveries for my home business?
  • I have health insurance so do I need medical payments coverage?
  • Do I have coverage for damage caused while driving under the influence?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

The ad said I’d save $448 a year!

Drivers can’t get away from ads that claim the best rates from companies such as State Farm, Allstate and GEICO. All the ads advertise claims that you’ll save big after switching your policy.

How does every car insurance company make the same claim? This is the trick they use.

Car insurance companies give the best rates for the type of driver that will not have excessive claims. An example of a desirable insured may need to be over the age of 40, has a low-risk occupation, and has a short commute. A propective insured who meets those qualifications will probably get cheap rates as well as save some money.

Drivers who don’t qualify for this ideal profile may be required to pay higher premium rates and ends up with business going elsewhere. Company advertisements say “drivers who switch” not “everyone that quotes” can get the lowest rates when switching. That’s the way insurance companies can lure you into getting a quote.

Each company has different criteria, so drivers should quote coverage with many companies. It is just not possible to predict the company that will have the lowest premium rates for your situation.

Auto insurance coverages explained

Having a good grasp of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages found on the average auto insurance policy.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for rehabilitation expenses, nursing services, funeral costs and hospital visits. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as damage from flooding, hitting a bird, vandalism and a broken windshield. The maximum payout your auto insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your Mercedes-Benz SLS AMG GT.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for liability

Liability coverage will cover damage that occurs to people or other property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for claims like structural damage, funeral expenses, repair bills for other people’s vehicles and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but you should buy as much as you can afford.

Collision coverage protection

Collision insurance covers damage to your SLS AMG GT from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like driving through your garage door, colliding with a tree, colliding with another moving vehicle, crashing into a building and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible to bring the cost down.

Best coverage at the best price

As you quote insurance, it’s not a good idea to reduce needed coverages to save money. In too many instances, an insured cut collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your focus should be to purchase a proper amount of coverage at the best price while still protecting your assets.

Cost effective 2013 Mercedes-Benz SLS AMG GT insurance is available online and also from your neighborhood agents, and you need to price shop both to get a complete price analysis. Some insurance providers may not have online quoting and many times these regional carriers provide coverage only through independent agents.

Throughout this article, we presented many ways to get a better price on 2013 Mercedes-Benz SLS AMG GT insurance. The key concept to understand is the more rate quotes you have, the better your chances of lowering your auto insurance rates. Consumers may even find the biggest savings come from a small local company. Regional companies can often provide lower auto insurance rates in certain areas than their larger competitors like State Farm and Allstate.

Additional car insurance information can be found on the following sites: