Mercedes-Benz SLK insurance group
Compare car insurance costs for your Mercedes-Benz SLK based on your age and location.
The Mercedes SLK is a compact luxury two-seater sports car. It has a retractable roof to transform it into a fancy convertible. It has a choice of four, six or eight-cylinder petrol engines, or diesel engines. It offers plenty of space and is very practical for a two-seater. It handles fantastically well, looks great and has a better fuel economy than its direct rivals. In this guide, you’ll find out how much it costs to insure based on the age and location of the driver.
What insurance group does the Mercedes SLK fall under?
All vehicles are assigned an insurance group that ranges from 1 (cheapest) to 50 (most expensive) which helps insurers to determine the cost of your premium. Mercedes SLK models range from insurance group 41 to 45, meaning the costs will be way above what you’d pay for an average vehicle. As an example, a 30-year-old driver in an average postcode could pay around £1,041 for cover on a Mercedes SLK 200 2d that is in insurance group 41 or around £1,112 for a Mercedes SLK 350 BlueEFFICIENCY AMG Sport 2d Tip Auto that is in insurance group 45. This is clear impact of the premium pricing that occurs when one car is in a much higher insurance group.
Mercedes SLK insurance cost by location
There are plenty of other factors that affect the cost of your car insurance premiums, including your location.
In fact, this is one of the most important factors. To highlight the power of the postcode, here are some average quotes for a 30-year-old living in three different locations. The quotes are for an Mercedes SLK 250 CDI 2d.
- Expensive: £1,243 (London SE1)
- Average: £1,062 (Newcastle NE1)
- Cheap: £798 (Galashiels TD1)
Which factors affect my Mercedes SLK insurance rate?
Along with insurance group, here are a range of other factors that have the biggest impact on your insurance premium costs:
- Engine type and capacity. In general, the larger the engine, the more you’ll pay for your car insurance. For example, it may cost £1,232 for insurance for a Mercedes SLK 200 2d Tip Auto, while you may pay £1,265 for a Mercedes SLK 350 BlueEFFICIENCY AMG Sport 2d Tip Auto. That’s an extra £33 per year you’ll pay for this larger more powerful engine.
- Driver location. Insurers use your home address to determine the level of risk that your car may be stolen or involved in an accident, and this affects the cost of insurance. For example, a 30-year-old in central London may pay £1,232 for insurance for a Mercedes SLK 200 AMG Sport 2d, while the same 30-year-old in Newcastle may only pay £1,041. That’s an extra £191 this person would pay just for living in London instead of Newcastle.
- Driver age. The youngest drivers will pay the most for car insurance because they are the most likely to make a claim. As an example, the average 20-year-old driver in London may pay £2,162 for the Mercedes SLK 250 2d, while the average 40-year-old Londoner will only pay £1,132. In this example, the younger driver would pay an extra £1,030 per year.
Other factors that influence the cost of your insurance include:
- Your driving history and activity, including your no-claims discount
- Your marital status
- Your credit history
- Your occupation
- The model and age of your car
- Your car’s safety rating score, security features and extra anti-theft precautions
- Your annual mileage
How can I save on my Mercedes SLK premiums?
Car insurance can be expensive, but it doesn’t have to break the bank. Here are some ideas to lower the cost of your premium:
- Limit your annual mileage (where possible). With a lower annual mileage, you lower your risk of getting in an accident, and that’s why insurers will offer you a lower premium. So consider whether you can occasionally walk or take public transport, rather than using your car.
- Pay annually rather than monthly. When you pay annually, you eliminate the possibility of being charged interest on monthly repayments.
- Install extra safety precautions. Insurers are happy to lower your premium when you add these, because they lower the risk of you making a claim on your premium.
- Shop around for the best deal using price comparison websites. Don’t just settle for the renewal price given to you – there may be cheaper options out there.
The Mercedes SLK is an exciting sports car, which offers immense speed and handling. As with most sports cars, it costs a lot to insure, but the tips in this guide will help you to reduce your premiums somewhat.
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