Compare 1994 Mercedes-Benz SL-Class Insurance Quotes

There isn’t a single person who fancies paying their premiums for car insurance, especially knowing the price is too high. Many insurance companies compete for your insurance dollar, and because of this it can be hard to compare insurance companies and get the definite best rates possible.

Use discounts to get cheaper insurance coverage quotes

Properly insuring your vehicles can get expensive, but you may be missing some discounts that you may not even be aware of. Certain discounts will be applied at the time of purchase, but some discounts are required to be asked for prior to getting the savings.

Accident Forgiveness – This one is not really a discount per se, but some insurance companies may permit one accident before your rates go up so long as you haven’t had any claims prior to the accident.
Military Rewards – Having a deployed family member can result in better insurance coverage rates.
Sign Early and Save – Some companies provide a discount for buying a policy prior to the expiration date on your current policy. Ten percent is about the average savings.
Accident-Free Discounts – Good drivers with no accidents are rewarded with significantly better rates on insurance quote in comparison to insureds who have frequent claims or accidents.
Passenger Safety Discount – Vehicles with factory air bags or motorized seat belts can qualify for discounts of more than 20%.
Distant College Student Discount – who live away from home at college and won’t have access to an insured vehicle could qualify for this discount.
Buy New and Save – Insuring a vehicle that is new can be considerably cheaper compared to insuring an older model.
Multi-car Discount – Buying a policy with all your vehicles on the same insurance coverage policy can reduce rates for all insured vehicles.
Theft Deterent – Cars and trucks optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
Cautious Driver Discounts – Safe drivers can get discounts for up to 45% lower rates on SL-Class coverage as compared to drivers with claims.

We need to note that most discounts do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it appears you could get a free insurance coverage policy, you won’t be that lucky.

Insurance companies that may have some of the discounts shown above may include but are not limited to:

It’s a good idea to ask all the companies how many discounts you can get. Some discounts may not apply in your area. To locate companies that provide some of the discounts listed above, click this link.

Ways to get insurance quotes

There are several ways to shop for insurance, but some are more efficient than others. You can spend countless hours talking to agents in your area, or you can utilize the internet to maximize your effort.

The majority of car insurance companies enroll in a system where insurance shoppers complete one form, and at least one company then returns a price quote. This eliminates the need for quotation requests for every insurance company.

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

The single downside to pricing coverage this way is you are unable to specify which providers to receive prices from. So if you prefer to pick specific providers to compare rates, we have a page of low cost insurance companies in your area. View list of insurance companies.

The method you choose is up to you, but ensure you’re using equivalent coverage data for each price quote. If you compare different data you will not be able to determine the best price for your Mercedes-Benz SL-Class.

Reduce insurance rates with these tips

Smart consumers have a good feel for a few of the rating criteria that help calculate the level of your policy premiums. When consumers understand what influences your rates, this allows you to make educated decisions that could result in lower insurance coverage prices. Lots of factors are used in the calculation when premium rates are determined. Some are obvious like an MVR report, but other factors are more obscure such as your credit history or your financial responsibility.

Shown below are a partial list of the pieces utilized by car insurance companies to help set rates.

Do you know you’re credit rating? – Having a bad credit rating will be a significant factor in determining what you pay for insurance coverage. Drivers who have excellent credit tend to file fewer claims than drivers with poor credit scores. Therefore, if your credit is low, you could potentially save money when insuring your 1994 Mercedes-Benz SL-Class if you improve your credit rating.
Urban residents pay more – Residing in a small town has it’s advantages when trying to find low car insurance rates. City drivers tend to have traffic congestion and longer commutes to work. Fewer drivers means less chance of accidents in addition to fewer liability claims.
Cautious drivers pay lower premiums – A bad driving record influences premium rates substantially. Having a single speeding ticket could increase your next policy renewal by twenty percent. Drivers with clean records have lower premiums compared to bad drivers. People who have dangerous citations like hit and run, DWI or reckless driving convictions may find that they have to to maintain a SR-22 with their state’s licensing department in order to prevent their license from being revoked.
High premiums for youthful drivers – Teen drivers are statistically proven to be inattentive with other occupants in the car therefore insurance coverage rates are much higher. More experienced drivers are viewed as being more responsible, cost insurance companies less in claims and get fewer tickets.
Premiums also based on gender – Statistics have proven women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. Females and males are in auto accidents in similar percentages, but guys get into accidents with more damage. In addition to higher claims, males also have more aggressive citations such as reckless driving. Young men ages 16 to 20 are the most expensive to insure so they pay the highest premiums.

Tailor your insurance coverage to you

When buying the best insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Each situation is unique so this has to be addressed. For example, these questions can aid in determining if you will benefit from professional help.

Should I buy full coverage?
Will my rates increase for filing one claim?
Am I covered when renting a car or should I buy coverage from the car rental agency?
Am I covered when driving on a suspended license?
Am I missing any policy discounts?
Am I covered if hit by an uninsured driver?

If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Insurance coverages explained

Having a good grasp of your insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages offered by insurance companies.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for things like surgery, prosthetic devices and EMT expenses. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Liability insurance

This coverage protects you from damage or injury you incur to people or other property in an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as repair bills for other people’s vehicles, legal defense fees and medical services. How much liability should you purchase? That is up to you, but you should buy as much as you can afford.

Auto collision coverage

Collision coverage covers damage to your SL-Class caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like driving through your garage door, backing into a parked car, sustaining damage from a pot hole and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also bump up the deductible to bring the cost down.

Comprehensive (Other than Collision)

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, hitting a bird, a broken windshield and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Mercedes-Benz SL-Class.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Final thoughts

We just showed you a lot of information how to shop for 1994 Mercedes-Benz SL-Class insurance online. It’s most important to understand that the more you quote insurance, the better chance you’ll have of finding affordable insurance. You may even discover the best rates are with a company that doesn’t do a lot of advertising. These companies may cover specific market segments cheaper compared to the large companies like State Farm or Progressive.

More affordable insurance can be found online in addition to local insurance agencies, so you need to quote insurance with both in order to have the best price selection to choose from. Some companies may not offer internet price quotes and these small insurance companies provide coverage only through independent agencies.