5 Money Saving Ideas Guaranteed to Save Money on Mercedes-Benz SL63 AMG Car Insurance Costs

Having to pay for overpriced Mercedes-Benz SL63 AMG insurance can empty your bank account and make it impossible to make ends meet. Comparing price quotes is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Since consumers have many insurance companies to choose from, it can be hard to find the lowest price insurer.

Finding affordable coverage is not that difficult. If you are paying for car insurance now, you stand a good chance to be able to save some money using these techniques. Although vehicle owners do need to learn the way insurance companies sell insurance online and use this information to your advantage.

Free Car Insurance Quotes

To find the best car insurance prices, there are several ways to get quotes and find the best price. The best way to find the cheapest Mercedes-Benz SL63 AMG insurance rates is to use the internet to compare rates. This can be done in several different ways.

• One of the best ways to get quotes is a comparison rater form like this one (opens in new window). This method prevents you from having to do separate quote forms to each individual car insurance company. Just one form will get you price quotes from multiple companies.
• A more time consuming way to find lower rates requires a visit to the website for every company you want to comare and fill out their own quote form. For instance, we’ll pretend you want comparison quotes from Auto-Owners, Liberty Mutual and GMAC. You would have to go to every website and enter your information, which is why the first method is more popular.

  For a handy list of car insurance company links in your area, click here.

It doesn’t matter which method you choose, just make sure you use identical information for each comparison quote. If each company quotes different limits and deductibles on each one you can’t possibly make a fair comparison for your Mercedes-Benz SL63 AMG. Quoting even small variations in coverage limits may result in a large different in cost. Just keep in mind that having more price comparisons will enable you to find the best offered rates.

Verify you’re getting all your discounts

Companies that sell car insurance don’t list every discount in an easy-to-find place, so we researched both well-publicized and also the lesser-known savings tricks you should be using.

• Lower Rates for Military – Having a deployed family member could mean lower rates.
• Save over 55 – If you qualify as a senior citizen, you may qualify for better car insurance rates on SL63 AMG coverage.
• New Car Discount – Putting insurance coverage on a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
• Anti-lock Brakes – Cars that have steering control and anti-lock brakes prevent accidents and earn discounts up to 10%.
• Life Insurance Discount – Larger companies have lower rates if you buy a life insurance policy as well.

Consumers should know that some credits don’t apply to the entire policy premium. Some only apply to the price of certain insurance coverages like medical payments or collision. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way.

To see a list of insurance companies with the best car insurance discounts, click here.

Car insurance coverages for a Mercedes-Benz SL63 AMG

Learning about specific coverages of car insurance helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average car insurance policy.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for bills for things like chiropractic care, pain medications, dental work, X-ray expenses and doctor visits. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Coverage for liability

This coverage will cover damages or injuries you inflict on a person or their property. It protects you from legal claims by others. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 100/300/100 that means you have $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability can pay for things such as emergency aid, funeral expenses and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Comprehensive insurance

This covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like theft, fire damage, damage from flooding, a tree branch falling on your vehicle and damage from getting keyed. The most your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage protection

This coverage covers damage to your SL63 AMG resulting from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims like colliding with a tree, rolling your car and crashing into a ditch. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Online plus local equals savings

In this article, we presented some good ideas how to lower your Mercedes-Benz SL63 AMG insurance rates. It’s most important to understand that the more you quote, the more likely it is that you will get a better rate. You may be surprised to find that the most savings is with some of the lesser-known companies. These smaller insurers may have significantly lower rates on certain market segments compared to the large companies like Progressive and GEICO.

Affordable Mercedes-Benz SL63 AMG insurance is attainable online and with local insurance agents, and you should be comparing both to have the best selection. Some car insurance companies do not offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.