What Are Some Tips for Choosing a Car Insurance Policy on a Mercedes?


Quick Answer

One tip for choosing an auto insurance policy for a Mercedes is to shop around for the company willing to offer the best deal, comparing policies from at least three companies, suggests AutoInsurance.org. The advanced safety and security features of the Mercedes can help the owner negotiate better rates. Another tip is to choose a policy with a higher deductible, which lowers monthly costs. Additionally, use quotes from each company to negotiate rates with the competing companies.

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What Are Some Tips for Choosing a Car Insurance Policy on a Mercedes?
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Full Answer

The Mercedes has several safety and security features that reduce the likelihood of theft and accidents, both of which typically drive up the cost of insurance on a luxury vehicle. It ranks as one of the least likely vehicles to be stolen, and Mercedes drivers have lower accident rates than drivers of non-luxury cars, states AutoInsurance.org. An owner can use these facts to convince an insurance company to lower the premium on a policy without reducing coverage. By avoiding insurance claims for at least a couple years, the owner can set aside these savings to cover the cost of the high deductible if expensive repairs become necessary. Additionally, many insurance companies offer discounts for a safe driving record, military service and other factors that can qualify the owner for better deals.

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