Lower Your 1997 Mercedes-Benz SL-Class Car Insurance Rates

Are you sick and tired of robbing Peter to pay Paul to make your car insurance payment? You have the same problem as most other people.

Insurance companies such as State Farm and Geico increase brand awareness with fancy advertisements and consumers find it hard to see past the corporate glitz and effectively compare rates to find the best deal.

The fastest way that we advise to compare rates is to realize most of the larger companies pay for the opportunity to give rate comparisons. The only thing you need to do is take a few minutes to give details including if you went to college, how your vehicles are used, types of safety features, and if you have a valid license. Those rating factors is sent automatically to many different companies and you will receive price estimates instantly to find the best rate.

Take advantage of these rate-reducing discounts

Companies that sell car insurance don’t always advertise their entire list of discounts in an easy-to-find place, so the below list has both well-publicized as well as the least known credits available to lower your premiums when you buy insurance coverage online.

• Employee of Federal Government – Federal government employees can earn a discount up to 10% for SL-Class coverage with select insurance companies.
• Passive Restraints – Cars that have air bags or motorized seat belts may qualify for discounts as much as 30%.
• Sign Early and Save – Some larger companies give discounts for switching to them before your current policy expires. You may see this discount when you get insurance coverage quotes online.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them sucessfully take a drivers education course in school.
• Smart Student Discounts – A discount for being a good student can be rewarded with saving of up to 25%. The discount lasts up to age 25.
• Accident Waiver – This isn’t a discount exactly, but a few companies such as State Farm and Geico may permit one accident before your rates go up so long as you are claim-free before the accident.
• Discount for Multiple Policies – If you insure your home and vehicles with the same company you could save up to 20% and get you cheaper insurance coverage.
• Multiple Cars – Insuring all your vehicles with the same insurance coverage company may reduce the rate for each vehicle.

You should keep in mind that many deductions do not apply to the overall cost of the policy. Most only reduce the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like you could get a free insurance coverage policy, it’s just not the way it works.

A partial list of companies that possibly offer some of the discounts shown above include:

• Farm Bureau
• Liberty Mutual
• State Farm
• Auto-Owners Insurance
• Geico
• SAFECO

If you need the cheapest insurance coverage quotes, ask all companies you are considering what discounts are available to you. Some discounts might not apply in every state. If you would like to choose from a list of insurance coverage companies who offer free insurance coverage quotes, click this link.

Do I need special coverages?

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions could help you determine whether your personal situation could use an agent’s help.

• If my 1997 Mercedes-Benz SL-Class is totaled, can I afford another vehicle?
• Is my trailer covered?
• Should I buy additional glass protection?
• Should I rate my 1997 Mercedes-Benz SL-Class as pleasure use or commute?
• Does coverage extend to Mexico or Canada?
• What is covered by UM/UIM coverage?
• Do I need an umbrella policy?
• Does my personal policy cover me when driving out-of-state?
• I have a DUI can I still get coverage?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

Specific coverages for a 1997 Mercedes-Benz SL-Class

Knowing the specifics of your policy aids in choosing the right coverages for your vehicles. Car insurance terms can be ambiguous and coverage can change by endorsement. Shown next are typical coverages found on most car insurance policies.

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your 1997 Mercedes-Benz SL-Class.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Collision – Collision insurance covers damage to your SL-Class resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a ditch, backing into a parked car, rolling your car and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Liability coverages – This will cover damage that occurs to a person or their property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and property damage coverage for $100,000. Some companies may use a combined limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against things such as bail bonds, structural damage and pain and suffering. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive insurance covers things like hail damage, damage from getting keyed, theft and rock chips in glass. The maximum payout your car insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments coverage and PIP – Med pay and PIP coverage provide coverage for short-term medical expenses for things like prosthetic devices, chiropractic care, pain medications and EMT expenses. They can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage