SL/R232: Insurance
#1
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Insurance
How much are y’all paying? Please specify if it’s a 55 or 65. Spent 2 hours online and by phone with Progessive. Progressive does not cover this model and is looking into it. So frustrating! Thanks
#2
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2022 SL55 AMG Roadster; 2024 Land Rover P400 Defender 110; 2020 Porsche Macan S; 2023 Audi Q5
I use Farmers. Not sure how much I'm paying because it's part of a three car policy. I think around $700/yr for an SL55.
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BLAM (04-20-2023)
#3
$1361 for 6 months for 2022 SL63 with USAA with $1000 deductible. But, I have 3 cars and 3 houses insured with them so that does provide some discounts.
Last edited by JohnGigi; 04-20-2023 at 04:39 PM.
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BLAM (04-20-2023)
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BLAM (04-20-2023)
#5
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2022 SL55 AMG Roadster; 2024 Land Rover P400 Defender 110; 2020 Porsche Macan S; 2023 Audi Q5
Given what you all are paying I think my guess of $700/yr is too low. Not sure what it actually is.
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BLAM (04-20-2023)
#6
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
Hmm. FWIW, our AMG GTC roadster is about $550 for a 6 months period; same for the M8Comp (Progressive).
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BLAM (04-20-2023)
#8
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Thread Starter
Got an update from my insurance agent today. Turns out they don’t cover high end cars over $150k and was about to switch me over to their other division Hegarty Insurance. I told the agent I don’t want to switch to Hegarty because I know it would be much more expensive and that I will take coverage up to the max $150k. So with the max coverage with Progressive, It will be about $169 per month for my SL63. Keep in mind that I do have a company rental for work and the SL63 is more for pleasure and street racing, lol. I think that’s a pretty good price.
#9
Senior Member
Got an update from my insurance agent today. Turns out they don’t cover high end cars over $150k and was about to switch me over to their other division Hegarty Insurance. I told the agent I don’t want to switch to Hegarty because I know it would be much more expensive and that I will take coverage up to the max $150k. So with the max coverage with Progressive, It will be about $169 per month for my SL63. Keep in mind that I do have a company rental for work and the SL63 is more for pleasure and street racing, lol. I think that’s a pretty good price.
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BLAM (04-25-2023)
#10
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Does not liability coverage values, deductibles, Medical, mileage, tow/rental, state you live in and few other things effect what you get quoted?
I always think it is difficult to compare different people's insurance prices without that info.
Then you have the discounts they apply for multi-vehicle and other type insurance policies
I always think it is difficult to compare different people's insurance prices without that info.
Then you have the discounts they apply for multi-vehicle and other type insurance policies
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AMG GTC Roadster, E63s Ed.1, M8 Comp. Coupe
The $150k limits has always been there with Progressive but they normally insure a more expensive car without issues, knowing that their max payout will apply.
My assumption is that the original issue was based on the VIN number not being recognized which is common in newer model cars.
Both our M8 and GTC roadster were over $150k and processed just fine. Based on the deals we made there was little risk…
My assumption is that the original issue was based on the VIN number not being recognized which is common in newer model cars.
Both our M8 and GTC roadster were over $150k and processed just fine. Based on the deals we made there was little risk…
#14
Senior Member
Thread Starter
The $150k limits has always been there with Progressive but they normally insure a more expensive car without issues, knowing that their max payout will apply.
My assumption is that the original issue was based on the VIN number not being recognized which is common in newer model cars.
Both our M8 and GTC roadster were over $150k and processed just fine. Based on the deals we made there was little risk…
My assumption is that the original issue was based on the VIN number not being recognized which is common in newer model cars.
Both our M8 and GTC roadster were over $150k and processed just fine. Based on the deals we made there was little risk…
#15
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2022 SL63. $1823 per year with Chubb, $1,000 deductible, $199k agreed value. They insure five other vehicles (and Hagerty insures a classic), my home, and umbrella.