Are you trying to find cheaper Mercedes-Benz SLS AMG insurance in Los Angeles? Confused by the dozens of auto insurance providers that you can choose from? People have such a large number of options that it can quickly become a lot of work to find a more affordable company. If you live there, you know that Los Angeles is a wonderful place to live, but expensive premiums for auto insurance can make it very difficult to keep a tight budget.
It’s a known fact that car insurance companies don’t want their policyholders to compare prices. Consumers who shop for lower rates are very likely to switch auto insurance companies because they have a good chance of finding a lower-cost company. Remarkably, a study showed that consumers who regularly compared price quotes saved over $860 a year compared to people who never compared prices.
If finding the lowest price on insurance in Los Angeles is your goal, then learning a little about how to compare insurance rates can make it easier for you to save money.
Our goal is to help educate you on how to effectively get price quotes and some tricks to saving. If you have coverage now, you stand a good chance to be able to lower your rates using these tips. But California car owners must comprehend the way insurance companies charge you for coverage and use it to find better rates.
The easiest way to compare insurance rates in your area utilizes the fact most of the bigger providers will pay a fee to give free rates quotes. To begin a comparison, all you need to do is give them some information like whether you are married, whether your vehicle is owned or leased, level of coverage desired, and how much school you completed. Your details is then sent to many different companies and they return quotes immediately.
To start a rate quote now, click here then complete the form.
The companies shown below provide price comparisons in California. If more than one company is shown, it’s highly recommended you get rate quotes from several of them in order to get a fair rate comparison.
Discounts can help lower rates on Mercedes-Benz SLS AMG insurance in Los Angeles
Companies that sell car insurance don’t always publicize all possible discounts in a way that’s easy to find, so the next list breaks down some of the best known as well as some of the hidden auto insurance savings.
- Payment Method – By paying your entire bill at once instead of paying each month you may reduce your total bill.
- No Claims – Los Angeles drivers who stay claim-free have much lower rates when compared to drivers with a long claim history.
- Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates than their less cautious counterparts.
- Discounts for Federal Employees – Employees or retirees of the government could qualify for a slight premium decrease depending on your auto insurance provider.
- Drivers Education – Reduce the cost of insurance for teen drivers by having them successfully take a driver’s education course as it will make them better drivers and lower rates.
- Online Discount – A handful of larger companies will give a small break for buying your policy on their website.
While discounts sound great, it’s important to understand that many deductions do not apply to the entire cost. Some only apply to specific coverage prices like liability, collision or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, it just doesn’t work that way. But all discounts will reduce your policy cost.
A few of the larger companies and some of the premium reductions they offer can be found below.
- Farm Bureau offers discounts including driver training, safe driver, youthful driver, renewal discount, good student, and multi-policy.
- MetLife offers discounts for claim-free, good driver, good student, defensive driver, and multi-policy.
- Progressive policyholders can earn discounts including good student, multi-vehicle, online quote discount, online signing, multi-policy, and continuous coverage.
- AAA discounts include multi-car, pay-in-full, good student, anti-theft, AAA membership discount, education and occupation, and multi-policy.
- American Family may offer discounts for TimeAway discount, accident-free, early bird, defensive driver, and mySafetyValet.
- GEICO offers premium reductions for five-year accident-free, defensive driver, anti-lock brakes, air bags, seat belt use, and anti-theft.
- State Farm may include discounts for Steer Clear safe driver discount, good driver, defensive driving training, safe vehicle, student away at school, good student, and multiple autos.
When getting free Los Angeles auto insurance quotes, it’s a good idea to every insurance company which discounts they offer. Savings may not be offered in Los Angeles. To find providers that offer discounts in California, follow this link.
Compare rate quotes but work with a neighborhood Los Angeles auto insurance agent
Some people just want to sit down and talk to an agent and we recommend doing that The biggest benefit of getting free rate quotes online is that you can find cheap rate quotes and still have an agent to talk to. Buying from neighborhood insurance agencies is especially important in Los Angeles.
After completing this form (opens in new window), the quote information gets sent to local insurance agents in Los Angeles that provide free Los Angeles auto insurance quotes for your car insurance coverage. It’s much easier because you don’t need to contact an agency as quotes are delivered instantly to you. You can get cheaper car insurance rates and work with a local agent. If you wish to compare rates from one company in particular, feel free to jump over to their website to submit a rate quote request.
Auto insurance agents in Los Angeles come in two varieties
When researching an insurance agent, it helps to know the two different types of agents that you can select. Agents can be classified as either independent or exclusive depending on the company they work for.
Independent Car Insurance Agencies or Brokers
Independent agents are not employed by any specific company so they can write business with lots of companies enabling the ability to shop coverage around. If prices rise, an independent agent can move your coverage without you having to go to a different agency. When shopping rates, you need to get insurance quotes from several independent insurance agents to maximize your price options. Most have the option of insuring with smaller regional carriers that can offer cheaper rates than bigger companies.
The following is a small list of independent insurance agents in Los Angeles that can possibly get you free car insurance rate quotes.
- Crown Reinas Insurance Agency
5331 N Figueroa St – Los Angeles, CA 90042 – (323) 550-1444 – View Map - Public Insurance Agency
10941 W Pico Blvd – Los Angeles, CA 90064 – (310) 234-8600 – View Map - Fuller Insurance
621 S Westmoreland Ave – Los Angeles, CA 90005 – (213) 384-2062 – View Map
Exclusive Agents
Exclusive insurance agents generally can only insure with one company and some examples include AAA, Allstate, and State Farm. Exclusive agents cannot provide other company’s prices so you might not find the best rates. These agents receive a lot of sales training on the products they sell which helps offset the inability to provide other markets. Consumers sometimes purchase coverage from exclusives mainly due to the brand legacy rather than having low rates.
Shown below are exclusive insurance agents in Los Angeles that can give you price quotes.
- Helen Lee – State Farm Insurance Agent
2535 W Olympic Blvd – Los Angeles, CA 90006 – (213) 738-0700 – View Map - Yvonne Solis – State Farm Insurance Agent
1375 Sunset Blvd – Los Angeles, CA 90026 – (213) 202-2800 – View Map - Odette Manalastas – State Farm Insurance Agent
4448 Eagle Rock Blvd e – Los Angeles, CA 90041 – (323) 254-5800 – View Map
Choosing the best car insurance agent requires you to look at more than just the quoted price. These are some questions you should get answers to.
- Is assistance available after office hours?
- Do you need full coverage on every vehicle?
- What are their preferred companies if they are an independent agency?
- Do the coverages you’re quoting properly cover your vehicle?
- What kind of financial rating does the company have?
- Will high miles depreciate repair valuations?
Once you have received answers to your satisfaction as well as a price you’re happy with, chances are good that you have found an insurance agent that is reliable enough to adequately provide car insurance.
It may be expensive, but it’s not optional
Even though it’s not necessarily cheap to insure a Mercedes-Benz in Los Angeles, insuring your vehicle may not be optional for several reasons.
First, the majority of states have mandatory insurance requirements which means the state requires a specific level of liability insurance in order to drive the car legally. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
Second, if you have a lien on your SLS AMG, it’s guaranteed your bank will require you to buy full coverage to guarantee payment of the loan. If you cancel or allow the policy to lapse, the bank will be required to insure your Mercedes-Benz at a more expensive rate and force you to reimburse them for the expensive policy.
Third, car insurance preserves both your Mercedes-Benz and your personal assets. It will also provide coverage for many types of medical costs for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, will also pay for a defense attorney if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of carrying enough insurance are without a doubt worth the cost, especially if you ever need it. The average driver in America is wasting up to $825 a year so we recommend shopping around at least once a year to be sure current rates are still competitive.
Car insurance coverage information
Learning about specific coverages of car insurance can help you determine the best coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy.
Collision – This covers damage to your SLS AMG resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things like crashing into a ditch, colliding with another moving vehicle, colliding with a tree and hitting a parking meter. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to increase the deductible on your SLS AMG to bring the cost down.
Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers claims such as rock chips in glass, a broken windshield, damage from getting keyed, hitting a bird and vandalism. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.
Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage kick in for bills such as pain medications, chiropractic care and EMT expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage
Uninsured/Underinsured Motorist (UM/UIM) – This provides protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Since a lot of drivers only purchase the least amount of liability that is required (California limits are 15/30/5), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits do not exceed the liability coverage limits.
Liability car insurance – Liability coverage can cover damages or injuries you inflict on other people or property in an accident. It protects you against claims from other people, and doesn’t cover your own vehicle damage or injuries.
It consists of 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 15/30/5 which stand for a $15,000 limit per person for injuries, $30,000 for the entire accident, and $5,000 of coverage for damaged property. Occasionally you may see a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability insurance covers claims like pain and suffering, emergency aid, medical services and funeral expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible. California state law requires minimum liability limits of 15/30/5 but it’s recommended drivers buy more liability than the minimum.
The next chart demonstrates why buying the state minimum limits may not provide you with enough coverage.
A little work can save a LOT of money
Cheaper Mercedes-Benz SLS AMG insurance in Los Angeles can be bought both online and from local insurance agents, and you need to price shop both to have the best rate selection. Some car insurance companies don’t offer internet price quotes and most of the time these small, regional companies only sell coverage through independent agencies.
We’ve covered a lot of tips how to shop for Mercedes-Benz SLS AMG insurance online. The key concept to understand is the more companies you get auto insurance rates for, the better your comparison will be. You may even find the lowest rates come from a smaller regional carrier.
When searching for low cost Los Angeles auto insurance quotes, you should never sacrifice coverage to reduce premiums. There have been many situations where someone dropped full coverage and discovered at claim time that it was a big error on their part. Your goal is to buy a smart amount of coverage at the best price and still be able to protect your assets.
Other information
- Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)
- How Much are Car Insurance Rates for Drivers with Bad Credit in Los Angeles? (FAQ)
- Who Has Cheap Los Angeles Auto Insurance Quotes for Postal Workers? (FAQ)
- What Car Insurance is Cheapest for Welfare Recipients in Los Angeles? (FAQ)
- Who Has Cheap Car Insurance for Drivers with Accidents in Los Angeles? (FAQ)
- What Car Insurance is Cheapest for Teachers in Los Angeles? (FAQ)
- Who Has Affordable Car Insurance for Young Drivers in Los Angeles? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for Inexperienced Drivers in Los Angeles? (FAQ)
- If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
- Young Drivers: The High Risk Years Video (iihs.org)
- Should I Buy a New or Used Car? (Allstate)
- Older Drivers FAQ (iihs.org)