Scraping up a payment for overpriced Mercedes-Benz E63 AMG insurance can dwindle your bank account and make it hard to pay other bills. Comparison shopping is a great way to make sure you’re not throwing money away. Because you have many choices, it is hard for the average consumer to choose the best insurance company.
It’s smart to take a look at other company’s rates before your policy renews since rates are usually higher with each renewal. Even if you think you had the best deal for E63 AMG coverage a couple years back you may be paying too much now. You’ll find quite a bit of inaccurate information about car insurance online but with this article, you’re going to get a lot of great tips on how to reduce your car insurance bill.
Shopping for affordable protection is not that difficult. If you have insurance now or need new coverage, you can use these tips to cut your premiums and still get good coverage. Vehicle owners just need to understand the tricks to shop over the internet.
How to Compare Car Insurance
Getting a lower price on insurance can be surprisingly simple. You just have to take a couple of minutes comparing rates provided by online insurance companies. This can be accomplished in just a few minutes using one of these methods.
- The fastest way to get quotes for comparison is an all-inclusive rate comparison like this one (opens in new window). This form eliminates the need for repetitive form submissions for each company. One quote request gets you coverage quotes from car insurance companies with the best prices.
- A more time consuming way to get comparison quotes requires you to visit each individual company website to complete their respective quote request forms. For example, let’s assume you want to compare Allstate, Farmers and GEICO. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which is why the first method is quicker. To view a list of companies in your area, click here.
It’s up to you how you get prices quotes, just ensure you’re using apples-to-apples deductibles and coverage limits for every quote you compare. If each company quotes mixed coverages it will be next to impossible to find the best deal for your Mercedes-Benz E63 AMG.
Are you getting all your discounts?
Insuring your fleet can be pricey, but discounts can save money and there are some available that you may not even be aware of. Certain discounts will be applied when you complete an application, but a few must be specially asked for before they will apply. If you don’t get every credit possible, you’re just leaving money on the table.
- More Vehicles More Savings – Insuring multiple cars or trucks on the same car insurance policy may reduce the rate for each vehicle.
- Early Signing – Some insurance companies reward drivers for switching policies prior to your current policy expiring. This can save 10% or more.
- Distant Student – Youth drivers who are attending college without a vehicle on campus can receive lower rates.
- Life Insurance – Larger companies have a discount if you purchase a life insurance policy as well.
- Homeowners Discount – Simply owning a home may trigger a car insurance policy discount because of the fact that having a home demonstrates responsibility.
- Drive Safe and Save – Safe drivers can pay as much as 50% less for E63 AMG coverage than less cautious drivers.
- Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
- Use Seat Belts – Drivers who require all occupants to use their safety belts can save up to 15% off the personal injury premium cost.
- Good Student – This discount can be rewarded with saving of up to 25%. The discount lasts until age 25.
As a disclaimer on discounts, some of the credits will not apply to the entire cost. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though it sounds like it’s possible to get free car insurance, you’re out of luck. But any discount will bring down your overall premium however.
To choose companies offering car insurance discounts, click here to view.
When might I need an agent?
When it comes to buying coverage for your personal vehicles, there isn’t really a cookie cutter policy. Each situation is unique so your insurance should reflect that For example, these questions may help highlight whether your personal situation could use an agent’s help.
- Am I covered by my spouse’s policy after a separation?
- When do I need to add a new car to my policy?
- Am I covered when driving a rental car?
- Can I afford low physical damage deductibles?
- Does my policy cover me when driving someone else’s vehicle?
- Should I buy more coverage than the required minimum liability coverage?
- Do I need medical payments coverage since I have good health insurance?
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It only takes a few minutes and may give you better protection.
Impacting insurance rates for a Mercedes-Benz E63 AMG
It’s important that you understand the factors that go into determining the rates you pay for car insurance. When you know what positively or negatively impacts premium levels helps enable you to make changes that will entitle you to lower car insurance prices.
- Women pay lower rates – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Men and women tend to get into accidents in similar percentages, but men cause more damage and cost insurance companies more money. Men also have more aggressive citations such as DWI and reckless driving.
- Poor credit can mean higher rates – Credit score is a huge factor in determining your rates. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower ratings. Therefore, if your credit score is low, you could potentially save money when insuring your Mercedes-Benz E63 AMG by improving your rating.
- Liability coverage protects you – Liability insurance is the coverage that protects you if a court rules you are at fault for damages from an accident. It will provide legal defense starting from day one. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so buy as much as you can afford.
- Multi-policy discounts can save money – Some insurers will give a discount to customers who buy several policies from them in the form of a multi-policy discount. If you currently are using one company, you may still want to compare other company rates to make sure you are getting the best deal. Drivers may still find a better deal by buying car insurance from a different company.
In the end, you save
Low-cost Mercedes-Benz E63 AMG insurance can be sourced from both online companies as well as from independent agents, and you need to comparison shop both to have the best chance of lowering rates. Some insurance providers don’t offer you the ability to get quotes online and these small insurance companies work with independent agents.
When you buy insurance online, it’s a bad idea to buy less coverage just to save a little money. In many cases, an insured dropped full coverage only to discover later that the savings was not a smart move. Your strategy should be to buy enough coverage at an affordable rate, not the least amount of coverage.
We just showed you many ways to compare Mercedes-Benz E63 AMG insurance prices online. The key thing to remember is the more providers you compare, the better likelihood of reducing your rate. Consumers could even find that the lowest rates come from some of the lesser-known companies. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or GEICO.
