Smart shoppers know that auto insurance companies don’t want you comparing rates. Insureds who get comparison quotes at least once a year are likely to switch to a new company because there is a great chance of finding good coverage at a lower price. A recent insurance study discovered that drivers who compared prices once a year saved approximately $3,450 over four years as compared to drivers who never shopped around.
If saving money on insurance is your ultimate goal, then having some knowledge of how to quote and compare insurance premiums can help make the process easier.
It takes a few minutes, but the best way to get affordable Mercedes-Benz SLS AMG insurance in Baltimore is to start comparing prices yearly from companies who can sell car insurance in Maryland.
First, spend a few minutes and learn about policy coverages and the things you can control to prevent high rates. Many factors that drive up the price like traffic violations, accidents, and a lousy credit rating can be amended by making lifestyle changes or driving safer. Read the full article for more information to prevent expensive rate increases and find additional discounts you may qualify for.
Second, get rate quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from a single company like Progressive or State Farm, while agents who are independent can give you price quotes from multiple insurance companies.
Third, compare the new quotes to your current policy premium to see if cheaper SLS AMG coverage is available. If you find a lower rate quote, make sure coverage is continuous and does not lapse.
Fourth, provide adequate notice to your current company of your decision to cancel the current policy and submit a down payment along with a completed application for the new coverage. Make sure you place your new certificate verifying coverage in an easily accessible location.
An essential thing to point out is that you’ll want to make sure you compare identical coverage information on every quote request and and to get rates from as many companies as you can. Doing this helps ensure an accurate price comparison and a thorough price selection.
If you have coverage now or are just looking to switch companies, you can learn to shop for the lowest rates and still have adequate protection. Locating the best rates in Baltimore is much easier if you have a good place to start. Smart buyers just have to know the proper way to compare rates on the web.
The fastest way that we advise to get rate comparisons for Mercedes-Benz SLS AMG insurance in Baltimore is to know the trick most insurance companies actually pay money for the chance to provide you with a free rate quote. To start a quote, the only thing you need to do is give the companies some data such as marital status, whether you drive to work or school, driver details, and if you went to college. Your rating data gets transmitted to multiple top-rated companies and they respond with quotes within a short period of time.
To check Mercedes-Benz SLS AMG insurance prices now, click here and enter the information requested.
The companies shown below have been selected to offer free rate quotes in Maryland. In order to find cheap car insurance in Baltimore, MD, we recommend you visit several of them to get the best price comparison.
Buying the right SLS AMG insurance in Maryland is an important decision
Despite the high cost, maintaining insurance may not be optional for several reasons.
- Almost all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry a specific level of liability insurance coverage if you want to drive legally. In Maryland these limits are 30/60/15 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
- If your Mercedes-Benz SLS AMG has a lienholder, almost every bank will require that you buy full coverage to guarantee their interest in the vehicle. If you do not keep the policy in force, the lender will be forced to insure your Mercedes-Benz at a significantly higher premium and require you to reimburse them the higher premium.
- Insurance protects both your vehicle and your personal assets. It will also provide coverage for medical expenses for not only you but also any passengers injured in an accident. Liability coverage will also pay for a defense attorney if you cause an accident and are sued. If you have damage to your Mercedes-Benz as the result of the weather or an accident, comprehensive and/or collision insurance will pay to repair the damage.
The benefits of having insurance greatly outweigh the cost, particularly when you have a large claim. The average driver in Maryland overpays as much as $869 every year so compare rate quotes at every policy renewal to save money.
Insurance discounts are available to cut your rates
Some providers don’t always publicize every available discount very well, so the list below details both well-publicized as well as the least known insurance savings. If you check and find you aren’t receiving every discount you deserve, you are not getting the best rate possible.
- Drivers Ed for Students – It’s a good idea to have your young drivers take driver’s ed class as it can save substantially.
- Payment Method – If you pay your entire premium ahead of time as opposed to paying monthly you could save up to 5%.
- Paperless Signup – Some of the larger companies may give you up to $50 shop Baltimore auto insurance on your computer.
- Seat Belt Usage – Requiring all passengers to fasten their seat belts can save 10% or more on medical payment and PIP coverage.
- No Accidents – Insureds with no claims or accidents pay less as opposed to drivers who are more careless.
- Low Mileage – Low annual miles can qualify you for cheaper premium rates.
It’s important to understand that most credits do not apply to your bottom line cost. A few only apply to the cost of specific coverages such as comprehensive or collision. Despite the fact that it seems like it’s possible to get free car insurance, nobody gets a free ride.
A list of insurance companies and their possible discounts can be read below.
- Progressive policyholders can earn discounts including online signing, multi-vehicle, homeowner, online quote discount, continuous coverage, and good student.
- Farmers Insurance may include discounts for early shopping, distant student, good student, electronic funds transfer, switch companies, and youthful driver.
- Farm Bureau has discounts for renewal discount, 55 and retired, good student, multi-policy, youthful driver, and multi-vehicle.
- State Farm offers premium reductions for good driver, anti-theft, driver’s education, good student, and passive restraint.
- GEICO may have discounts that include good student, driver training, air bags, five-year accident-free, multi-policy, federal employee, and anti-lock brakes.
- SAFECO has savings for safe driver, accident prevention training, teen safe driver, drive less, homeowner, and multi-car.
- Liberty Mutual discounts include newly retired, preferred payment discount, exclusive group savings, multi-car, newly married, and multi-policy.
Before purchasing a policy, check with all companies you are considering what discounts are available to you. A few discounts might not be offered in Baltimore.
Don’t assume everyone needs the same insurance coverage
Always remember that when buying coverage online or from an agent, there really isn’t a one-size-fits-all type of policy. You are unique.
Here are some questions about coverages that can aid in determining whether or not you would benefit from professional advice.
- If I drive on a suspended license am I covered?
- Does coverage follow the driver or the vehicle?
- Are combined or split liability limits better?
- How high should my uninsured/underinsured coverage be in Maryland?
- Should I buy full coverage?
- How many claims can I have before being canceled?
- What is an adequate liability insurance limit?
- Will I lose any money if I cancel my policy before it expires?
If you can’t answer these questions but one or more may apply to you, you might consider talking to an agent. To find an agent in your area, simply complete this short form. It only takes a few minutes and may give you better protection.