Compare 1991 Mercedes-Benz 500-Class Car Insurance Quotes

Are you burned out from trying to scrape together enough money to make your insurance payment? You are in the same boat as many other consumers.

Many auto insurance companies compete for your hard-earned dollar, so it’s not easy to compare every insurance company to discover the definitive lowest rate

If you are paying for car insurance now, you will most likely be able to save some money using these tips. Choosing the best insurance company for you is not that difficult. Although consumers do need to learn the way insurance companies determine prices and apply this information to your search.

Are you getting every discount?

Car insurance can cost a lot, but discounts can save money and there are some available that can dramatically reduce your bill. Some discounts will apply when you quote, but lesser-known reductions have to be specifically requested in order for you to get them.

• Theft Prevention Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
• Multiple Policy Discount – When you have multiple policies with the same company they may give you a discount of 10% to 20% off each policy.
• Early Payment Discounts – If you can afford to pay the entire bill instead of monthly or quarterly installments you can actually save on your bill.
• Responsible Driver Discounts – Insureds who avoid accidents can get discounts for up to 45% lower rates on 500-Class insurance than drivers with accidents.
• Passive Restraints – Vehicles with factory air bags or automatic seat belts could see savings of more than 20%.
• Life Insurance Discount – Some insurance carriers give a discount if you purchase some life insurance in addition to your auto policy.

As a footnote on discounts, most credits do not apply to the overall cost of the policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like you would end up receiving a 100% discount, it just doesn’t work that way.

Some companies who may offer these benefits include:

• Farm Bureau
• State Farm
• Progressive
• Allstate
• Nationwide
• MetLife

If you are trying to find cheap insurance coverage quotes, ask every prospective company what discounts are available to you. Some discounts might not apply in your area. To find providers with the best insurance coverage discounts, click this link.

How to find affordable auto insurance

There are several ways to compare auto insurance prices but one way is more efficient than others. You could waste a few hours talking about coverages with local insurance agents in your area, or you could save time and use online quoting to achieve your goal.

Most car insurance companies participate in an industry program where insurance shoppers enter their policy data once, and at least one company provides a quote. This eliminates the need for quote requests to each individual auto insurance company.

To enter your information into the quoting system, click here to start a free quote.

The only drawback to doing it this way is you don’t know exactly the companies you will receive quotes from. If you would rather choose specific insurance companies to request quotes from, we have a page of companies who write auto insurance in your area. Click here for list of insurance companies.

You can choose any of those ways to find more affodable coverage, but ensure you’re using the same coverage limits on every quote. If you are comparing different liability limits it will be impossible to determine the lowest rate for your Mercedes-Benz 500-Class. Quoting even small variations in limits can result in a big premium difference. Keep in mind that comparing a large number of companies will improve the odds of getting a lower rate.

When in doubt talk to an agent

When it comes to choosing the right insurance coverage for your personal vehicles, there really is no perfect coverage plan. Every situation is different and a cookie cutter policy won’t apply. For example, these questions can help discover whether you might need an agent’s assistance.

• What if I owe more than I can insure my car for?
• Can I afford to buy a different vehicle if my 1991 Mercedes-Benz 500-Class is totaled?
• Am I covered when using my vehicle for business?
• Why do I only qualify for high-risk insurance?
• Am I covered if I wreck a rental car?
• What is the minimum liability in my state?

If it’s difficult to answer those questions, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Insurance coverages 101

Knowing the specifics of insurance helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are the normal coverages offered by insurance companies.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as damage to your Mercedes-Benz 500-Class.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally the UM/UIM limits are set the same as your liablity limits.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like X-ray expenses, hospital visits, rehabilitation expenses, nursing services and surgery. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Liability coverages – This coverage protects you from damage that occurs to other people or property that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as repair costs for stationary objects, legal defense fees, court costs, attorney fees and structural damage. The amount of liability coverage you purchase is your choice, but consider buying higher limits if possible.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with another moving vehicle, crashing into a building, sustaining damage from a pot hole, sideswiping another vehicle and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive insurance – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, falling objects, a broken windshield and vandalism. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

You can do this!

We just covered many ways to compare 1991 Mercedes-Benz 500-Class insurance premium rates online. The key thing to remember is the more companies you get prices for, the better your chances of lowering your prices. You may even discover the lowest priced insurance coverage comes from the least-expected company. Some small companies may have significantly lower prices on certain market segments than their larger competitors like Progressive or Geico.

Lower-priced 1991 Mercedes-Benz 500-Class insurance is definitely available online and from local insurance agents, and you should be comparing both to get a complete price analysis. A few companies may not provide price quotes online and usually these smaller companies only sell coverage through local independent agents.

For more information, take a look at the articles below:

• Child Safety Seats (Insurance Information Insitute)
• Anti-Lock Brake FAQ (iihs.org)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Vehicle Insurance (Wikipedia)