Compare 2000 Mercedes-Benz SL-Class Car Insurance Rates

Searching for the cheapest auto insurance rates for your Mercedes-Benz SL-Class? Cutting costs on auto insurance may be nearly impossible for drivers who are new to online price comparisons. When there are so many online companies, it can turn into more work than you anticipated to find better prices.

If you have car insurance now, you should be able to save some money using these methods. The purpose of this post is to help you learn how to effectively get price quotes and some money-saving tips. But drivers need to learn the way insurance companies price insurance differently and use this information to your advantage.

Earn discounts on insurance

The price of auto insurance can be rather high, but there may be some discounts that may help make it more affordable. Some discounts will apply at quote time, but a few need to be manually applied before they will apply.

• One Accident Forgiven – Not a discount per se, but a few companies such as Libery Mutual, Geico and Allstate may permit one accident without raising rates if you are claim-free for a set time period.
• 55 and Retired – Drivers over the age of 55 are able to get a small discount on rates for SL-Class insurance.
• Data Collection Discounts – Drivers who elect to allow driving data submission to study when and where they use their vehicle by using a telematics device such as Allstate’s Drivewise and State Farm’s In-Drive system could save a few bucks if they exhibit good driving behavior.
• Student Discount for Driver Training – It’s a good idea to have your young drivers enroll in driver’s education in school.
• Payment Discounts – If you pay your bill all at once rather than spreading payments over time you can actually save on your bill.
• Defensive Driver – Taking part in a course that instructs on driving safety can save you 5% or more if you qualify.
• Discounts for Seat Belt Usage – Forcing all vehicle occupants to use a seat belt may be able to save a few bucks off PIP or medical payments premium.
• Paperless Signup – A few larger online companies may give you up to $50 for completing your application on the web.

One thing to note about discounts is that some of the credits will not apply to the entire cost. Most only reduce individual premiums such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, you aren’t that lucky.

A few of the larger companies and some of the discounts are detailed below.

• Progressive policyholders can earn discounts including online signing, multi-policy, good student, multi-vehicle, continuous coverage, and homeowner.
• AAA offers discounts for good driver, anti-theft, AAA membership discount, pay-in-full, and education and occupation.
• Farmers Insurance has savings for switch companies, mature driver, early shopping, homeowner, good student, and distant student.
• Geico may have discounts that include multi-vehicle, driver training, anti-lock brakes, anti-theft, and emergency military deployment.
• Esurance offers discounts including renters, Switch & Save, defensive driver, online shopper, multi-car, paid-in-full, and anti-theft.
• SAFECO offers premium reductions for teen safe driver, homeowner, anti-theft, multi-car, accident prevention training, and teen safety rewards.
• State Farm may offer discounts for student away at school, Steer Clear safe driver discount, accident-free, defensive driving training, and Drive Safe & Save.

Before purchasing a policy, check with every insurance company which discounts they offer. Some of the earlier mentioned discounts might not be offered on policies in every state.

Car insurance quotes comparison

There are multiple methods to shop for car insurance, but there is one way that is more efficient than others. You can waste hours discussing policy coverages with agents in your area, or you can utilize online quotes to get rate comparisons in just a few minutes.

Many popular insurance companies participate in an industry program that allows shoppers to submit their information once, and at least one company then returns a price quote determined by their information. This saves time by eliminating quote requests to every company.

To access this free quoting program, click to open in new window.

The only downside to comparing rates this way is that consumers can’t choose the providers to get pricing from. So if you want to select from a list of companies to compare rates, we have a page of car insurance companies in your area. View list of insurance companies.

You can choose any of those ways to find more affodable coverage, but make darn sure you compare nearly identical quote information for each comparison quote. If you are comparing different coverage information it’s impossible to determine the lowest rate for your Mercedes-Benz SL-Class. Just a small difference in coverages could throw off the whole comparison. Just keep in mind that comparing a large number of companies helps you find the best rates.

Tailor your insurance coverage coverage to you

When choosing proper insurance coverage, there really is not a perfect coverage plan. Each situation is unique.

For instance, these questions could help you determine if your situation may require specific advice.

• How do I buy GAP insurance?
• Do I really need UM/UIM coverage?
• Can I still get insurance after a DUI?
• What is an SR-22 filing?
• Can I drive in Mexico and have coverage?
• Will I lose any money if I cancel my policy before it expires?
• What should my uninsured motorist coverage limits be in my state?

If you’re not sure about those questions, you might consider talking to an agent. If you don’t have a local agent, take a second and complete this form.

Coverages available on your policy

Knowing the specifics of your auto insurance policy can be of help when determining which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Comprehensive coverages

This covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, a broken windshield and vandalism. The maximum payout your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Liability coverages

Liability insurance provides protection from damage or injury you incur to other people or property. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability insurance covers things like medical expenses, repair costs for stationary objects, legal defense fees, repair bills for other people’s vehicles and structural damage. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like prosthetic devices, doctor visits, nursing services, rehabilitation expenses and hospital visits. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

This gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as damage to your Mercedes-Benz SL-Class.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto collision coverage

Collision coverage will pay to fix damage to your SL-Class resulting from a collision with another car or object. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as hitting a parking meter, crashing into a ditch, hitting a mailbox, driving through your garage door and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Saving money is sweet as honey

When trying to cut insurance costs, make sure you don’t buy poor coverage just to save money. There are too many instances where someone sacrificed physical damage coverage only to find out that it was a big error on their part. The ultimate goal is to buy a smart amount of coverage at the best cost.

People change insurance companies for a variety of reasons including unfair underwriting practices, policy cancellation, policy non-renewal or even delays in responding to claim requests. Regardless of your reason for switching companies, finding a new company can be less work than you think.

Affordable 2000 Mercedes-Benz SL-Class insurance is attainable both online and from local insurance agents, so get free insurance quotes from both of them in order to have the best price selection to choose from. A few companies do not provide rates over the internet and usually these smaller companies only sell coverage through independent agents.

To learn more, link through to these articles:

• Auto Insurance 101 (About.com)
• Credit Impacts Car Insurance Rates (State Farm)
• Information for Teen Drivers (Geico)
• Keeping Children Safe in Crashes Video (iihs.org)
• Cellphones, Texting and Driving (iihs.org)
• Top Signs Your Brakes are Giving Out (State Farm)