Finding low-cost insurance for a Mercedes-Benz S63 AMG can turn out to be difficult, but you can learn the following methods and make it easy. There are more efficient ways to buy auto insurance and we’ll show you the proper way to compare rates on a Mercedes-Benz and get the best price possible from both online companies and local agents.
Lower rates by qualifying for discounts
Car insurance companies don’t list all their discounts very clearly, so we researched both well-publicized and the more hidden discounts you could be receiving.
- Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you until age 25.
- Memberships – Participating in a civic or occupational organization could trigger savings on auto insurance on S63 AMG insurance.
- Low Mileage – Low mileage vehicles can earn discounted rates on garaged vehicles.
- Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates on S63 AMG insurance than less cautious drivers.
- Military Discounts – Having a family member in the military can result in better rates.
- Resident Student – Any of your kids who live away from home and don’t have a car may be able to be covered for less.
- Save over 55 – If you’re over the age of 55, you may receive a discount up to 10% on S63 AMG insurance.
- Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education if it’s offered in school.
- Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you may reduce your total bill.
It’s important to note that most discounts do not apply to the entire policy premium. Some only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, it doesn’t quite work that way.
For a list of insurers with discount auto insurance rates, click this link.
Mercedes-Benz S63 AMG premiums are determined by many factors
Smart consumers have a good feel for the rating factors that come into play when calculating your auto insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that will entitle you to big savings.
- What are your deductibles? – Your deductibles define the amount you are willing to pay in the event of a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, protects your car from damage. Some examples of claims that would be covered would be running into the backend of another car, collision with an animal, or theft. The higher the amount the insured has to pay upfront, the less your company will charge you for insurance on S63 AMG insurance.
- A lapse in coverage is a bad thing – Not having insurance is against the law and your next policy will cost more because you let your coverage lapse. And not only will your rates increase, getting caught without coverage will get you a revoked license or a big fine.You may then be required to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
- Discounts for multiple policies – Some auto insurance companies will give a discount to customers who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare rates to make sure you are getting the best deal.
- Safer cars are cheaper to insure – Vehicles with high crash test scores tend to have better insurance rates. The safest vehicles result in less severe injuries and fewer injuries translates into savings for insurance companies and thus lower rates. If your Mercedes-Benz has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
- Rates may be lower depending on your job – Did you know your job can affect your rates? Jobs such as real estate brokers, business owners and dentists are shown to have the highest average rates in part from high stress levels and long work days. Other professions such as pilots, historians and performers pay the least on S63 AMG insurance.
Car insurance is unique, just like you
When buying proper insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Your needs are not the same as everyone else’s.
For example, these questions can help discover whether you may require specific advice.
- What discounts do I qualify for?
- How can I get high-risk coverage after a DUI?
- Do I have coverage when making deliveries for my home business?
- What are no-fault laws?
- Am I covered if I crash into my own garage door?
- Does coverage extend to a rental car in a foreign country?
- Do I need motorclub coverage?
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form.
Online plus local equals savings
Drivers change insurance companies for many reasons like an unsatisfactory settlement offer, not issuing a premium refund, delays in paying claims or questionable increases in premium. It doesn’t matter why you want to switch finding a new company is pretty simple and you could end up saving a buck or two.
Lower-priced Mercedes-Benz S63 AMG insurance is possible online and with local insurance agents, and you need to comparison shop both so you have a total pricing picture. Some auto insurance companies do not offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.
When trying to cut insurance costs, it’s a bad idea to buy lower coverage limits just to save a few bucks. In many cases, drivers have reduced physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal should be to find the BEST coverage for the lowest price while still protecting your assets.
