Finding the cheapest insurance for a Mercedes-Benz SL600 could be an all-consuming task, but you can use our auto insurance buying tips to save time.
There is a better way to compare auto insurance rates and we’ll show you the absolute fastest way to price shop coverage for your Mercedes-Benz and obtain the lowest price from local insurance agents and online providers.
It is always a good idea to take a look at other company’s rates before your policy renews due to the fact that insurance rates are usually higher with each renewal. Even if you got the best rates for SL600 insurance on your last policy there may be better deals available now. Block out anything you think you know about auto insurance because you’re about to find out the fastest way to lower your rates without sacrificing coverage.
Cheap Auto Insurance Comparisons
Reducing your insurance rates can be surprisingly simple. All that’s required is to take a couple of minutes to compare rate quotes provided by online insurance companies. This can be accomplished in a couple of different ways.
One of the best ways to get quotes is a comparison rater form (click to open form in new window). This form eliminates the need for multiple quote forms for each company you want a rate for. One form submission will return price quotes from several companies. This is perfect if you don’t have a lot of time.
A more time consuming way to find lower rates requires visiting each company website to complete their respective quote request forms. For instance, let’s say you want rates from Auto-Owners, Allstate and American Family. You would have to take the time to go to each site and enter your information, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.
The least efficient method to get comparison rates is to waste gas driving to local insurance agencies. Shopping for auto insurance online has reduced the need for local agents unless you have a need for the professional advice that only a license agent can provide. However, consumers can get prices online but buy from a local insurance agent and we’ll touch on that later.
Whichever way you use, make darn sure you compare exactly the same quote information for every company. If the quotes have unequal deductibles or liability limits you can’t possibly determine the best price for your Mercedes-Benz SL600.
These six discounts can slash auto insurance rates
Insuring your vehicles can cost a lot, but there are discounts available to cut the cost considerably. Some trigger automatically at the time you complete a quote, but some may not be applied and must be asked for in order for you to get them. If you’re not getting every credit you deserve, you’re paying more than you need to.
- Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for SL600 insurance than drivers with accidents.
- Multi-car Discount – Having more than one vehicle on the same auto insurance policy could earn a price break for each car.
- Service Members Pay Less – Having a family member in the military could mean lower rates.
- Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can receive discounts up to 30%.
- Claim Free – Good drivers with no accidents pay much less compared to frequent claim filers.
- New Car Discount – Insuring a new car can save up to 30% because new vehicles have to meet stringent safety requirements.
Keep in mind that most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So even though it sounds like adding up those discounts means a free policy, companies wouldn’t make money that way. But all discounts will reduce your premiums.
For a list of insurers with the best auto insurance discounts, click here to view.
What happened to insurance agents?
Certain consumers just want to get advice from a local agent and that is OK! Licensed agents are trained to spot inefficiencies and give you someone to call. The biggest benefit of getting online price quotes is you may find the lowest rates and still choose a local agent. Buying from small agencies is definitely important in smaller communities.
Upon completion of this simple form, your insurance data is submitted to agents in your area who will give you bids for your business. You won’t need to even leave your home as quotes are delivered straight to your inbox.
To view a list of agents in your state to contact, click here.
Choosing an provider shouldn’t rely on just a low price. Any agent should be forthright in answering these questions:
- Do the companies they represent have a solid financial rating?
- How many years of experience in personal lines insurance coverages do they have?
- How long has their agency been in business?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- What is the agency’s Better Business Bureau rating?
- Do they feel the quoted coverages are adequate?
- Are claims handled at the agent’s location?
- Is the agent and/or agency licensed to do business in your state?
Upon receiving positive responses to all your questions and a good coverage price, it’s possible that you found an provider that meets your needs to provide auto insurance coverage. Keep in mind consumers can cancel coverage at any point so don’t think you’re contractually obligated to any specific agency for the full term.
Save 15 percent in 15 minutes? Is it for real?
Consumers can’t ignore all the ads for the lowest price auto insurance by Allstate, GEICO and Progressive. All the companies make the same claim of big savings if you move to their company.
How do they all make the same claim? It’s all in the numbers.
Insurance companies can use profiling for the right customer that makes them money. For example, a desirable insured could be between 25 and 40, is a homeowner, and has a short commute. Any driver who meets those qualifications is entitled to the best price and most likely will save quite a bit of money when switching.
Potential customers who don’t qualify for these standards will have to pay more money and this can result in the customer not buying. The ad wording is “customers who switch” not “people who quote” save that kind of money. This is how insurance companies can state the savings.
Because of the profiling, it’s extremely important to compare many company’s rates. It’s impossible to know the company that will have the lowest rates.
Specific coverage details
Having a good grasp of auto insurance can help you determine which coverages you need and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.
Liability coverages
Liability coverage will cover damage that occurs to other’s property or people that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which provides one coverage limit and claims can be made without the split limit restrictions.
Liability coverage pays for things like structural damage, emergency aid and court costs. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.
Coverage for uninsured or underinsured drivers
Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Comprehensive auto insurance
Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers claims such as fire damage, damage from flooding, vandalism, hitting a bird and falling objects. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Collision coverage protection
Collision insurance covers damage to your SL600 caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.
Collision can pay for claims like hitting a parking meter, colliding with a tree, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.
Coverage for medical expenses
Coverage for medical payments and/or PIP reimburse you for immediate expenses like surgery, rehabilitation expenses, hospital visits, dental work and nursing services. The coverages can be used in conjunction with a health insurance program or if you are not covered by health insurance. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage
Cheaper insurance is a realistic goal
People who switch companies do it for a number of reasons such as extreme rates for teen drivers, delays in responding to claim requests, questionable increases in premium and policy non-renewal. It doesn’t matter why you want to switch finding the right auto insurance provider is less work than it seems.
In this article, we covered some good ideas how you can save on Mercedes-Benz SL600 insurance. The key thing to remember is the more you quote, the higher the chance of saving money. Consumers could even find that the best prices are with a smaller regional carrier.
As you go through the steps to switch your coverage, make sure you don’t skimp on coverage in order to save money. There are too many instances where someone dropped liability coverage limits and found out when filing a claim that it was a big mistake. Your strategy should be to find the BEST coverage at the best price, not the least amount of coverage.
