Mercedes-Benz R500 Owners Find the Cheapest Insurance Rates in Las Vegas
Paying for high-priced Mercedes-Benz R500 insurance can take a big chunk out of your checking account and put a big crunch on your finances. Doing a price comparison is free, only takes a few minutes, and is a good way to make sure you’re not throwing money away. Lots of auto insurance companies contend for your business, so it can be very hard to choose a company to discover the definitive best rate
How much can you save with discounts?
Companies do not list all their discounts in an easy-to-find place, so here is a list some of the more common and the more hidden ways to save on auto insurance. If they aren’t giving you every credit possible, you are paying more than you should be.
- Safety Course Discount – Successfully completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
- Multiple Vehicles – Having multiple vehicles on the same auto insurance policy can get a discount on all vehicles.
- Discount for Good Grades – Getting good grades can save 20 to 25%. The good student discount can last up until you turn 25.
- Resident Student – Any of your kids who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
- Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you could save 5% or more.
- Anti-lock Brakes – Cars that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
- Drivers Education – Cut your cost by having your teen driver take driver’s ed class if offered at their school.
- Discounts for Safe Drivers – Safe drivers can get discounts for up to 45% lower rates on R500 insurance than their less cautious counterparts.
- Passive Restraint Discount – Factory air bags or automatic seat belts can receive discounts of up to 25% or more.
Drivers should understand that most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like comprehensive or collision. So when the math indicates you can get free auto insurance, it just doesn’t work that way.
For a list of insurers with discount auto insurance rates in Las Vegas, click here.
Las Vegas Auto Insurance Prices Online
Getting a lower price on Mercedes-Benz R500 insurance is surprisingly easy. Just invest a little time to compare rate quotes provided by online insurance companies. This can be accomplished in several different ways.
- Probably the best way to find low rates is a comparison rater form like this one (opens in new window). This type of form keeps you from doing repetitive form entry to each individual auto insurance company. One form submission gets you coverage quotes from multiple companies.
- A slightly less efficient method to get comparison quotes consists of going to the website of each company and request a quote. For example, let’s assume you want to compare rates from GEICO, State Farm and GMAC. You would have to take the time to go to each site and enter your information, which is why the first method is quicker.
For a list of links to companies insuring cars in Las Vegas, click here.
However you get your quotes, ensure you’re using the exact same deductibles and coverage limits with every price quote. If the quotes have unequal deductibles or liability limits then you won’t be able to make an equal comparison in Las Vegas.
Mercedes-Benz R500 rates influenced by many factors
It’s important that you understand some of the elements that play a part in calculating the rates you pay for auto insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that could result in lower auto insurance prices.
- Lower deductibles cost more – Physical damage coverage, also known as collision and other-than-collision, is used to repair damage to your Mercedes-Benz. Some examples of claims that would be covered could be collision with another vehicle, vandalism, or theft. Deductibles for physical damage are how much you are required to spend in the event of a claim. The higher the amount the insured has to pay upfront, the lower your rates will be on R500 insurance.
- How many coverages with the same company – Some insurance companies will give a discount to insureds who consolidate policies with them such as combining an auto and homeowners policy. Discounts can be 10 percent or more. If you currently are using one company, it’s still a good idea to compare other company rates to make sure you are getting the best deal. Drivers may still find better rates by buying auto insurance from a different company.
- Marriage brings a discount – Being married can actually save you money when buying auto insurance. It is viewed as being more responsible it has been statistically shown that drivers who are married are more cautious.
- Your auto insurance rates can be influenced by your job – Occupations such as doctors, social workers and accountants tend to have higher rates than average because of job stress and long work hours. On the flip side, jobs such as actors, athletes and retirees receive lower rates on R500 insurance.
- Theft deterrents lower rates – Driving a car that has an advanced theft prevention system can get you a discount on your auto insurance. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.
Buy online or local, you save
In this article, we presented many ideas to save on Mercedes-Benz R500 insurance. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may be surprised to find that the lowest premiums are with a small mutual company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive and GEICO.
The cheapest Mercedes-Benz R500 insurance is possible both online and with local Las Vegas insurance agents, and you need to comparison shop both so you have a total pricing picture. There are still a few companies who do not offer online quoting and usually these regional insurance providers provide coverage only through local independent agents.
More detailed Nevada auto insurance information can be read at the Nevada Division of Insurance website. Nevada consumers can download brochures, discover disciplinary actions, learn about specific coverages, and read state legal mandates and laws.
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