2011 Mercedes-Benz SLS AMG Insurance Quotes

Want cheaper insurance rates for your Mercedes-Benz SLS AMG? I can’t think of anyone who likes having to buy insurance, especially knowing they are paying too much.

Numerous car insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates and get the definite best rates possible.

Factors influencing Mercedes-Benz SLS AMG insurance rates

An important part of buying insurance is that you know the factors that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively influences your rates enables informed choices that could result in lower auto insurance prices.

  • Do you know you’re credit rating? – Credit score is a large factor in determining what you pay for auto insurance. Therefore, if your credit is lower than you’d like, you could be paying less to insure your 2011 Mercedes-Benz SLS AMG by repairing your credit. Drivers with excellent credit tend to file fewer claims and have better driving records than those with poor credit.
  • A lapse in coverage is a bad thing – Letting your insurance expire is a quick way to trigger a rate increase. And not only will your rates increase, but being ticketed for driving with no insurance may earn you a hefty fine and possibly a revoked license.You may then be required to file a SR-22 with your state DMV.
  • Do you qualify for a multi-policy discount? – Many auto insurance companies provide better rates to customers who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount you still need to shop around to verify if the discount is saving money. You may still find a better deal by insuring with multiple companies.
  • Careful drivers pay lower rates – Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Even a single speeding ticket can bump up the cost twenty percent or more. Drivers who have severe citations like DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • Bump up deductibles to save – The deductibles represent how much money you are required to spend out-of-pocket before your auto insurance pays a claim. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Some instances where coverage would apply could be colliding with a building, vandalism, and burglary. The more expense you are required to pay out-of-pocket, the bigger discount you will receive on SLS AMG coverage.

Don’t miss these discounts

Companies offering auto insurance don’t always advertise all available discounts very well, so the following is a list of both well-publicized and the harder-to-find car insurance savings.

  • Life Insurance Discount – Larger companies have a break if you buy life insurance.
  • Lower Rates for Military – Being on active duty in the military can result in better rates.
  • Discounts for Safe Drivers – Safe drivers may save up to 50% more on SLS AMG coverage than less cautious drivers.
  • Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off your medical payments premium.
  • Anti-lock Brake Discount – Anti-lock brake equipped vehicles are safer to drive and will save you 10% or more.
  • Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts can get savings up to 30%.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you can actually save on your bill.
  • Driver Safety – Taking a driver safety course could save 5% or more if you qualify.
  • Bundle and Save – If you insure your home and vehicles with the same company you may earn approximately 10% to 15%.

It’s important to note that some credits don’t apply to the entire policy premium. Some only apply to specific coverage prices like medical payments or collision. Just because you may think it’s possible to get free car insurance, you’re out of luck.

Car insurance companies that possibly offer these benefits include:

Before buying, ask each insurance company which discounts you may be entitled to. Discounts might not be offered in your state.

When might I need help?

When it comes to buying proper insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. These are some specific questions can help discover whether your personal situation would benefit from professional advice.

  • What should my uninsured motorist coverage limits be in my state?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I have coverage when making deliveries for my home business?
  • When does my teenage driver need to be added to my policy?
  • Is my camper covered by my car insurance policy?
  • How much liability do I need to cover my assets?
  • What is PIP insurance?
  • Should I have combined single limit or split liability limits?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Car insurance coverage information

Learning about specific coverages of a auto insurance policy can help you determine the best coverages for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages found on the average auto insurance policy.

Collision coverage protection

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a mailbox, colliding with another moving vehicle and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Liability auto insurance

This coverage can cover damages or injuries you inflict on people or other property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage pays for things such as medical expenses, repair bills for other people’s vehicles, emergency aid, court costs and pain and suffering. How much liability should you purchase? That is a personal decision, but consider buying as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your Mercedes-Benz SLS AMG.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Comprehensive auto coverage

This coverage pays for damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as damage from flooding, damage from a tornado or hurricane, a broken windshield and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for expenses for pain medications, nursing services, hospital visits and ambulance fees. They can be used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not an option in every state and may carry a deductible

Make a quick buck

As you restructure your insurance plan, it’s not a good idea to buy poor coverage just to save money. There have been many cases where someone sacrificed liability limits or collision coverage and found out when filing a claim that it was a big error on their part. The proper strategy is to purchase a proper amount of coverage at a price you can afford.

In this article, we covered a lot of ways to get a better price on 2011 Mercedes-Benz SLS AMG insurance. The key thing to remember is the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the best prices are with the smaller companies. These smaller insurers may have significantly lower rates on certain market segments than their larger competitors like Progressive and Geico.

To learn more, take a look at the resources below: