How long has it been since you shopped around for the cheapest Mercedes-Benz SLS AMG insurance in Boston? There isn’t anyone who likes having to buy insurance, especially when they are aware that they could find better prices if they shop around.
It’s well known that car insurance companies want to keep your business as long as possible. Drivers who compare rates at least once a year are highly likely to buy a different policy because there are good odds of finding a lower-cost company. A recent survey found that consumers who regularly compared price quotes saved as much as $70 a month compared to other drivers who never shopped around for better prices.
If finding the best rates on insurance is your intention, then knowing how to find and compare car insurance can help simplify the process. You have so many insurance companies to pick from, and though it is a good thing to have a selection, it can be more challenging to find a good deal for Mercedes-Benz SLS AMG insurance in Boston.
Consumers need to do rate comparisons before your policy renews because insurance prices change frequently. Just because you had the best deal on Mercedes-Benz SLS AMG insurance in Boston a few years ago you can probably find a better rate quote now. Forget all the misinformation about insurance because we’re going to demonstrate the things you must know in order to get good coverage on Mercedes-Benz SLS AMG insurance in Boston at a lower rate.
Our goal is to teach you a little about how car insurance companies work and how you can save the most money. If you already have coverage, you will surely be able to get lower rates using these methods. Smart buyers just have to understand the least time-consuming way to get comparison rates from many companies at once.
Companies offering Mercedes-Benz SLS AMG insurance in Boston
The auto insurance companies shown below can provide price comparisons in Boston, MA. If you wish to find cheap car insurance in Boston, it’s a good idea that you get rate quotes from several of them in order to get a fair rate comparison.
Take advantage of these six money saving discounts
Properly insuring your vehicles can get expensive, but there are discounts available to help bring down the price. Certain discounts will be triggered automatically when you quote, but a few must be asked for prior to getting the savings. If you do not check that you are getting every discount possible, you could be getting lower rates.
- Home Ownership Discount – Being a homeowner can earn you a little savings due to the fact that maintaining a home demonstrates responsibility.
- Driving Data Discount – Insureds who allow their insurance company to spy on their driving habits by using a telematic data system like Allstate’s Drivewise might see lower rates if they have good driving habits.
- Multi-line Discount – Select companies reward you with a discounted auto insurance rate on car insurance if you buy some life insurance too.
- Passive Restraints – Vehicles with factory air bags can qualify for discounts up to 30%.
- Discounts for Government Workers – Being employed by or retired from a federal job can save as much as 8% with some auto insurance companies.
- Drivers Education – Teen drivers should take driver’s ed class if it’s offered in school.
As a sidenote, most discounts do not apply to the whole policy. A few only apply to individual premiums such as liability, collision or medical payments. So even though they make it sound like all those discounts means the company will pay you, insurance companies wouldn’t stay in business. Any amount of discount will reduce your policy premiums.
To choose insurance companies with significant discounts in Boston, follow this link.
Insurance is available from your local insurance agencies
Some people still prefer to buy from a local agent and that can be a great decision Good insurance agents can help you build your policy and help file insurance claims. One of the best bonuses of comparing rates online is that you can obtain cheap rate quotes and still choose a local agent. Buying from and supporting local insurance agents is important particularly in Boston.
Upon completion of this form (opens in new window), the coverage information is submitted to local insurance agents who will gladly provide quotes to get your business. You never need to contact an agency because quoted prices will be sent to you. If you have a need to get a price quote from a specific insurance company, don’t hesitate to search and find their rate quote page and complete a quote there.
Two types of auto insurance agents
If you’re trying to find a local insurance agency, it’s helpful to know the different types of agencies and how they are distinctly different. Insurance agents in Boston may be either exclusive agents or independent agents. Either one can sell affordable insurance policies, but it is a good idea to know the difference between them since it can affect which type of agent you select.
Independent Insurance Agents (or Brokers)
These agents are not employed by one company so they can insure your vehicles with lots of companies and get the cheapest rates. To transfer your coverage to a different company, your agent can just switch to a different company and you don’t have to find a new agent.
If you need lower rates, we highly recommend that you compare prices from a couple of independent agencies so that you have a good selection of quotes to compare.
Featured below is a partial list of independent agencies in Boston that may be able to give comparison quotes.
Agents that elect to be exclusive can only provide one company’s prices such as Farmers Insurance or State Farm. Exclusive agents cannot give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are usually well trained on their company’s products and that can be a competitive advantage.
Listed below is a list of exclusive agencies in Boston who can help you get price quotes.
Finding the right auto insurance agent should include more criteria than just the bottom line cost. Any agent in Boston should have no problem answering these questions:
- What is their Better Business Bureau rating?
- By raising physical damage deductibles, how much would you save?
- Is the quote a firm price?
- Do clients work directly with the agent or are most inquiries handled by a CSR?
- Do they get paid more for recommending certain coverages?
- How will an accident affect your rates?
- Can glass repairs be made at your home?
Auto insurance can be complex
When quoting and choosing the right insurance coverage, there isn’t really a one size fits all plan. Your needs are unique to you.
These are some specific questions might point out whether you may require specific advice.
- Why do I need rental car insurance?
- Can my babysitter drive my car?
- Should I buy full coverage?
- Does insurance cover damages from a DUI accident?
- Am I covered when using my vehicle for business?
- When do I need to add a new car to my policy?
If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and can help protect your family.
Specific coverages for a Mercedes-Benz SLS AMG
Having a good grasp of insurance aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.
Uninsured or underinsured coverage
Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and damage to your Mercedes-Benz SLS AMG.
Since many Massachusetts drivers have only the minimum liability required by law (20/40/5 in Massachusetts), it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.
Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims like theft, falling objects and a broken windshield. The most a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Auto collision coverage
Collision coverage will pay to fix damage to your SLS AMG caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision insurance covers things such as sustaining damage from a pot hole, crashing into a ditch, sideswiping another vehicle, scraping a guard rail and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible on your SLS AMG to get cheaper collision coverage.
Coverage for liability
This protects you from damage or injury you incur to people or other property in an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 20/40/5 that translate to $20,000 bodily injury coverage, $40,000 for the entire accident, and $5,000 of coverage for damaged property. Occasionally you may see a combined limit which provides one coverage limit rather than limiting it on a per person basis.
Liability coverage pays for claims such as funeral expenses, pain and suffering, structural damage and bail bonds. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible. Massachusetts requires drivers to carry at least 20/40/5 but it’s recommended drivers buy more liability than the minimum.
The next chart demonstrates why low liability limits may not be high enough to cover claims.
Medical expense coverage
Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like EMT expenses, doctor visits, pain medications and prosthetic devices. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage
Persistence will pay off
We’ve covered a lot of techniques to find lower-cost Mercedes-Benz SLS AMG insurance in Boston. The key concept to understand is the more price quotes you have, the higher the chance of saving money. Consumers may even find the biggest savings come from a small mutual company.
As you shop your coverage around, it’s very important that you do not reduce coverage to reduce premium. In many instances, an accident victim reduced comprehensive coverage or liability limits and discovered at claim time they didn’t purchase enough coverage. Your focus should be to purchase plenty of coverage at the lowest possible cost, not the least amount of coverage.
Insureds who switch companies do it for many reasons like high prices, policy cancellation, being labeled a high risk driver and unfair underwriting practices. It doesn’t matter why you want to switch choosing a new company is actually quite simple.
Steps to finding cheaper quotes for Mercedes-Benz SLS AMG insurance in Boston
If you want to save money, the best way to find low-cost car insurance rates is to do a yearly price comparison from insurance carriers that insure vehicles in Boston. This can be done by following these guidelines.
- First, read about what is in your policy and the factors you can control to lower rates. Many rating criteria that increase rates like distracted driving and a not-so-good credit history can be improved by making minor driving habit or lifestyle changes.
- Second, request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only give rate quotes from one company like GEICO or Allstate, while independent agencies can quote rates for a wide range of companies.
- Third, compare the new rate quotes to the premium of your current policy to see if a cheaper rate is available. If you find a better price and switch companies, verify that coverage does not lapse between policies.
A good piece of advice is to try to use the same physical damage deductibles and liability limits on each quote request and and to get price quotes from as many carriers as you can. This provides the most accurate price comparison and many rates to choose from.
More information is located at these links:
- Teen Driving Statistics (iihs.org)
- Who Has the Cheapest Boston Auto Insurance Quotes for a Subaru Outback? (FAQ)
- How Much are Auto Insurance Rates for a Toyota Corolla in Boston? (FAQ)
- How Much is Boston Auto Insurance for a Nissan Sentra? (FAQ)
- Who Has Affordable Boston Car Insurance Quotes for a Nissan Altima? (FAQ)
- Medical Payments Coverage (Liberty Mutual)
- Understanding Car Crashes Video (iihs.org)
- Vehicle Insurance in the U.S. (Wikipedia)