How to Save on Insurance for your Mercedes-Benz R63 AMG
If finding cheaper car insurance was fun, we'd make the time to do it regularly. But most likely we pay more than we want to and don't really enjoy the buying process. Cutting the check for each renewal on your Mercedes-Benz R63 AMG might give you the same feeling.
Step One: Compare Apples-to-Apples Quotes
The old-fashioned method of shopping for car insurance included visiting several local insurance agents and being on the receiving end of a hard sell tactic. Now that we have the internet, shopping for car insurance online is a snap!
The best car insurance companies offer online quoting for a Mercedes-Benz R63 AMG and it's very easy to compare different rates by only using one form.
Simply click the link below to start a quote that will compare rates from many companies and you may find a lower rate than you're currently paying.
Important! If you already have liability and physical damage coverage on your R63 AMG, it's important to keep the same limits and deductibles throughout the quote process. This allows you to fairly compare rates for many companies. If you use different limits and coverages for each quote, you won't be able to judge if the final rate is better or worse than other quotes.
Step Two: How to Lower your R63 AMG Insurance Premium
There are many factors that actually determine what you will pay for insurance, and some are completely within your control.
- If you need the extra performance that your Mercedes-Benz R63 AMG gives you, then you'll have to pay extra to insure it. Higher performance cars tend to be more expensive to insure.
- If you belong to a professional organization for your employment, you may qualify for a discount rate. And if you're a senior citizen, you may get a discount for your age as well.
- The more a vehicles costs new, the more likely it is that repairs will cost more as well. Since the R63 AMG is a luxury crossover vehicle insurance will cost a little more.
- Do you keep your credit rating in good shape? If you do, you will get a better rate than if you let your credit score slide. Check your credit score regularly to make sure there are few blemishes on your record.
- The time it takes to complete a driver's safety training course could be time well spent. It could save you up to 10% off your car insurance rates.
- Safety features such as antilock brakes, traction control and air bag systems all help reduce the cost of car insurance by keeping the passengers safer.
- A deductible is the amount you pay before your company pays a comprehensive or collision claim. If you increase your deductibles, you will pay less for these coverages.
- Reduce your rates by buying a car that is not a hot model for car thieves. Certain makes and models are more tempting than others, and high-frequency stolen vehicles get charged a higher rate.
- Filing too many claims with your company can end up either costing you more for insurance or having your policy cancelled. Insurance companies don't like paying any more than you do, but they have the option of whether to keep you as a policyholder or not.
- Homeowners often see a break on their car insurance rates because there is a correlation between owning a home and being a responsible driver.
- Minor driving violations such as speeding tickets can cause your rates to go up. Too many violations in a short period of time will cause your policy to be non-renewed.
- If you're a young driver, you will pay more to insure a R63 AMG. There isn't anything you can do about your age, but rates will drop as you mature.
- Do not allow your current car insurance coverage to lapse or expire. Insurance companies have a simple way to find out when your last policy ended (called a CLUE report), and if you went without coverage for any length of time you may pay more for coverage.
Step Three: Finalize your Policy Details
Choosing a new car insurance company is not easy. But hopefully you have a handful of quotes for your R63 AMG that will give you a good idea of how much it will cost, as well as some idea of any coverage changes you may want to make.
It's critical that your new policy starts the same day that your old policy ends. If you are cancelling mid-term, make sure there is no lapse in coverage before your new policy kicks in.
Coverage will extend from your current policy if you're buying a Mercedes-Benz R63 AMG, but if you don't have a policy, you will need to make sure you have coverage in place before you drive it off the dealership lot. The coverage extended to an add-on vehicle is only as good as the coverage on existing vehicles, so if none of your current insured vehicles have full coverage, your new R63 AMG won't have it either. So in that case, it's important to call your agent or company directly from the dealership and have them bind coverage immediately.
Once your new policy has been purchased, you are required to keep the proof-of-insurance card in your vehicle at all times. This is required by state law and you can receive a citation if you cannot provide it. If you are required to file an SR-22 with your state, your new insurance company will take care of that for you. If you cancel your coverage for any reason, you risk the loss of your driver's license.
Other Insurance Resources
For more information on car insurance, please visit the Insurance Information Institute's auto insurance informational page.
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