Mercedes-Benz G55 AMG Insurance – 8 Discounts You May be Missing

Drivers have a choice when trying to find affordable Mercedes-Benz G55 AMG insurance. You can either spend your time calling around to compare prices or use the internet to compare rates.

There is a better way to shop for car insurance and you need to know the proper way to compare rates on a Mercedes-Benz and find the lowest possible price from local insurance agents and online providers.

Discounts can save BIG

The price of auto insurance can be rather high, buy you may qualify for discounts to help bring down the price. Most are applied when you quote, but less common discounts must be requested specifically before they will apply. If you’re not getting every credit you qualify for, you are paying more than you should be.

• Driver’s Ed – Have your child successfully complete driver’s ed class in school.
• Defensive Driver – Successfully completing a course teaching defensive driving skills could possibly earn you a 5% discount and easily recoup the cost of the course.
• Good Student Discount – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
• No Accidents – Drivers who don’t have accidents pay much less compared to bad drivers.
• New Car Discount – Buying coverage on a new vehicle is cheaper because new vehicles have to meet stringent safety requirements.
• Employee of Federal Government – Simply working for the federal government could cut as much as 10% off for G55 AMG insurance with select insurance companies.
• Bundle and Save – If you insure your home and vehicles with one insurance company you could get a discount of up to 20% off your total premium.
• Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts up to 30%.

Consumers should know that most discounts do not apply to the entire cost. Most only cut individual premiums such as comp or med pay. So when the math indicates having all the discounts means you get insurance for free, it doesn’t quite work that way. But any discount will bring down the cost of coverage.

To see a list of insurance companies offering car insurance discounts, follow this link.

Will just any policy work for me?

When it comes to choosing proper insurance coverage, there really is no best way to insure your cars. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that could help you determine if you would benefit from an agent’s advice.

• Will my rates increase for filing one claim?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Is there coverage for injuries to my pets?
• Does my policy cover my teen driver if they drive my company car?
• Should I rate my Mercedes-Benz G55 AMG as pleasure use or commute?
• Do I need to file an SR-22 for a DUI in my state?
• Do I need rental car coverage?
• Does my policy cover me when driving someone else’s vehicle?
• Does my insurance cover a custom paint job?
• When should I drop full coverage on my Mercedes-Benz G55 AMG?

If you can’t answer these questions, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form. It only takes a few minutes and may give you better protection.

Car insurance coverage information

Having a good grasp of your car insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist coverage

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Mercedes-Benz G55 AMG.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive coverage

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, hitting a deer, vandalism and rock chips in glass. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as X-ray expenses, dental work and doctor visits. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision insurance

This covers damage to your G55 AMG from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as driving through your garage door, crashing into a ditch, damaging your car on a curb, hitting a parking meter and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to bring the cost down.

Liability coverages

This protects you from damages or injuries you inflict on people or other property by causing an accident. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against things such as emergency aid, repair bills for other people’s vehicles, medical services, structural damage and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Summing up your car insurance search

Drivers switch companies for any number of reasons including unfair underwriting practices, high rates after DUI convictions, an unsatisfactory settlement offer or even policy non-renewal. Regardless of your reason, finding a new company can be easier than you think.

As you shop your coverage around, make sure you don’t buy poor coverage just to save money. There are many occasions where an insured dropped collision coverage to discover at claim time that the few dollars in savings costed them thousands. The aim is to buy the best coverage you can find for the lowest price while still protecting your assets.

Cheaper Mercedes-Benz G55 AMG insurance is possible from both online companies in addition to many insurance agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance providers do not provide you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.