Save on 2017 Mercedes-Benz SL-Class Insurance Cost

Trying to find lower insurance coverage rates? Buyers have options when searching for the best price on Mercedes-Benz SL-Class insurance. You can either waste hours calling around trying to get quotes or leverage the internet to compare rates. There are both good and bad ways to compare insurance coverage rates so we’re going to tell you the proper way to compare rates on a Mercedes-Benz and get the cheapest rates either online or from local insurance agents.

How much does insurance coverage cost?

Lowering your 2017 Mercedes-Benz SL-Class insurance coverage rates is a great way to save money. Consumers just need to take a few minutes to compare free insurance quotes to discover which company has low cost insurance quotes. It’s super easy and can be done by using one of the methods below.

1. If you are pressed for time, the simplest way to get the best comparison quotes would be an industry-wide quote request form click to view form in new window. This quick form prevents you from having to do separate forms for each company you want a rate for. One form submission gets you price quotes from multiple low-cost companies. This is perfect if you don’t have a lot of time.
2. A less efficient way to compare rate quotes requires a visit to the website for each individual company and fill out their own quote form. For instance, we’ll assume you want to get rates from USAA, Farmers and Geico. In order to get each rate, you would have to spend time going to each site individually and type in your information over and over, which is why most consumers use the first method.

   For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but make sure you use exactly the same coverage information for every company. If you enter different limits and deductibles on each one you will not be able to determine the best price for your Mercedes-Benz SL-Class.

Verify you’re applying every discount

Companies offering auto insurance do not advertise all disounts very clearly, so the list below gives a summary of some of the more common as well as the least known ways to save on insurance.

• Early Signing – Some companies reward drivers for signing up before your current policy expires. This discount can save up to 10%.
• Onboard Data Collection – People who choose to allow companies to scrutinize when and where they use their vehicle by using a telematics device such as State Farm’s In-Drive might get better premium rates if they show good driving skills.
• No Accidents – Insureds with no claims or accidents get the best insurance rates compared to drivers who are more careless.
• Multi-Vehicle Discounts – Insuring several vehicles with the same insurance company can get a discount for every vehicle.
• Use Seat Belts – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off PIP or medical payments premium.
• Low Mileage Discounts – Fewer annual miles on your Mercedes-Benz may allow you to get substantially lower rates.
• Senior Citizen Discount – Drivers that qualify as senior citizens may be able to get a small discount on rates for SL-Class insurance.
• Anti-lock Brakes – Cars equipped with ABS or steering control can stop better under adverse conditions so companies give up to a 10% discount.

Policy discounts save money, but most of the big mark downs will not be given to your bottom line cost. Some only reduce the cost of specific coverages such as comp or med pay. Despite the fact that it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

A few popular companies and some of the premium reductions they offer are outlined below.

• Farm Bureau includes discounts for driver training, youthful driver, multi-vehicle, good student, safe driver, and renewal discount.
• MetLife offers discounts for defensive driver, good driver, claim-free, accident-free, good student, and multi-policy.
• Progressive offers premium reductions for online signing, good student, multi-policy, multi-vehicle, homeowner, continuous coverage, and online quote discount.
• AAA may offer discounts for multi-car, multi-policy, good driver, anti-theft, education and occupation, and pay-in-full.
• American Family has savings for defensive driver, accident-free, early bird, bundled insurance, good driver, and Steer into Savings.
• Geico offers discounts including military active duty, membership and employees, good student, daytime running lights, and defensive driver.
• State Farm policyholders can earn discounts including multiple policy, Steer Clear safe driver discount, defensive driving training, good driver, student away at school, and Drive Safe & Save.

When quoting, ask every prospective company which discounts you qualify for. Some discounts may not be available everywhere. For a list of insurance companies that offer many of these discounts, follow this link.

When should I discuss my situation with an agent?

When buying the right insurance coverage, there really is no perfect coverage plan. Everyone’s situation is a little different.

For instance, these questions might help in determining whether you will benefit from professional help.

• Which companies will insure high-risk drivers?
• What if I total my 2017 Mercedes-Benz SL-Class and owe more than it’s worth?
• Am I covered when driving a rental car?
• Does my 2017 Mercedes-Benz SL-Class qualify for pleasure use?
• Can my babysitter drive my car?
• Does my medical payments coverage pay my health insurance deductible?
• Does liability extend to a camper or trailer?
• Is my trailer covered?
• Does medical payments coverage apply to all occupants?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance coverage breakdown

Learning about specific coverages of auto insurance helps when choosing the right coverages for your vehicles. Auto insurance terms can be ambiguous and nobody wants to actually read their policy.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like surgery, X-ray expenses and nursing services. They are often utilized in addition to your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

Collision insurance covers damage to your SL-Class resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a parking meter, crashing into a ditch, sideswiping another vehicle, backing into a parked car and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Uninsured or underinsured coverage

This protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

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

Comprehensive protection

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, fire damage, theft and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability insurance

Liability insurance protects you from damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 100/300/100 that translate to $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things like medical expenses, attorney fees, repair bills for other people’s vehicles, court costs and loss of income. How much coverage you buy is up to you, but buy higher limits if possible.