2001 Mercedes-Benz SL-Class Car Insurance Quotes

Shoppers have many options when shopping for low-cost Mercedes-Benz SL-Class insurance. They can either waste time contacting agents to get rate comparisons or utilize the internet to get rate quotes. There is a better way to shop for insurance coverage and we’ll show you the quickest way to price shop coverage for a Mercedes-Benz and obtain the best price possible from local insurance agents and online providers.

How to Get Auto Insurance Comparison Quotes

There are multiple methods to compare 2001 Mercedes-Benz SL-Class auto insurance prices and some are less labor-intensive and much quicker. You can waste a few hours (or days) talking to insurance agencies in your area, or you could use the web to get rate comparisons in just a few minutes.

Most car insurance companies take part in a program where insurance shoppers submit their information once, and every company then returns a price quote based on the submitted data. This prevents consumers from doing quotation requests to each company.

To submit your quote information now, click here to start a free quote.

One minor caviat to using this type of form is you don’t know exactly the companies you will receive quotes from. So if you prefer to choose individual companies to compare rates, we put together a list of low cost auto insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just ensure you are comparing the exact same deductibles and coverage limits with each company. If your comparisons have unequal deductibles or liability limits it’s not possible to decipher which rate is best.

Save big with these discounts

Companies offering auto insurance don’t necessarily list all their discounts in a way that’s easy to find, so here is a list both well-publicized and also the lesser-known discounts you could be receiving. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Save over 55 – If you qualify as a senior citizen, you may qualify for a discount up to 10% on SL-Class coverage.
  • Multi-car Discount – Insuring more than one vehicle on the same car insurance policy could earn a price break for each car.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Mercedes-Benz could be rewarded with discounted rates on garaged vehicles.
  • Multiple Policy Discount – When you have multiple policies with the same insurance company you could get a discount of at least 10% off all policies.
  • Safe Driver Discount – Safe drivers may save up to 50% more on SL-Class coverage than drivers with accidents.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • Military Discounts – Having a deployed family member could mean lower rates.
  • Use Seat Belts – Buckling up and requiring all passengers to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • Discount for Swiching Early – Select companies give a discount for signing up before your current policy expires. The savings is around 10%.
  • Theft Prevention Discount – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.

A little note about advertised discounts, many deductions do not apply to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. So when it seems like adding up those discounts means a free policy, car insurance companies aren’t that generous.

Companies who might offer these discounts include:

Check with each company how you can save money. Savings may not be available in every state.

Factors that can influence Mercedes-Benz SL-Class insurance rates

Consumers need to have an understanding of some of the elements that go into determining the rates you pay for insurance coverage. Having a good understanding of what controls the rates you pay helps enable you to make changes that can help you get lower insurance coverage prices.

Listed below are some of the items that factor into your rates.

  • Don’t get talked into coverage you don’t need – There are many extra coverages that can waste your money on your SL-Class policy. Coverages for roadside assistance, accident forgiveness and motor club memberships are some examples. They may seem like a good idea at first, but if you don’t need them eliminate them to save money.
  • Allowing your policy to lapse raises rates – Driving with no insurance is illegal and insurance coverage companies will penalize you for letting your coverage have a gap. Not only will rates go up, failure to provide proof of insurance will get you a steep fine or even jail time.
  • Too many insurance coverage claims drive up costs – If you tend to file frequent claims, you can expect either higher rates or even cancellation. Insurance companies award better rates to drivers who file claims infrequently. Car insurance is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Rural vs Urban Areas – Residing in small towns and rural areas is a positive aspect when talking about insurance coverage. Less people living in that area means a lower chance of having an accident. City drivers have more traffic problems and longer commutes to work. More time commuting can result in more accidents.
  • Optional equipment can affect rates – Owning a car with anti-theft technology or alarm system can help lower your rates. Anti-theft devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your car from being stolen.
  • Are you male or female? – Statistics have proven women are more cautious behind the wheel. However, this does not mean men are worse drivers. Both sexes have accidents in similar numbers, but the males have costlier accidents. They also receive more costly citations such as reckless driving. Young males are the most expensive to insure and thus pay the highest rates.
  • Traffic citations inflate rates – Only having one ticket can increase rates twenty percent or more. Good drivers receive lower rates than their less careful counterparts. Drivers with dangerous tickets such as DWI, reckless driving or hit and run convictions are required to file a proof of financial responsibility form (SR-22) with their state DMV in order to prevent a license revocation.

But I don’t know anything about car insurance

When it comes to buying the best insurance coverage coverage, there isn’t really a one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine if your insurance needs might need an agent’s assistance.

  • How can I get my company to pay me more for my totalled car?
  • Does my liability insurance cover pulling a trailer or camper?
  • Am I getting all the discounts available?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need replacement cost coverage on my 2001 Mercedes-Benz SL-Class?
  • Is business equipment covered while in my vehicle?
  • Does medical payments coverage apply to all occupants?
  • What is medical payments coverage?
  • Do I need motorclub coverage?
  • Can I get a multi-policy discount for packaging my home and auto coverage?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and may give you better protection.

Do drivers who switch really save $405 a year?

Consumers get pounded daily by advertisements that promise big savings by companies like 21st Century, Allstate and State Farm. All the ads say the same thing that you’ll save big if you move to them.

How can each company make almost identical claims?

Insurance companies can use profiling for the driver that earns them a profit. For example, a profitable customer could possibly be over the age of 40, insures multiple vehicles, and drives less than 7,500 miles a year. A driver that hits that “sweet spot” will qualify for the lowest rates and most likely will save quite a bit of money when switching.

Potential insureds who do not match the requirements will be charged higher prices which usually ends up with the customer not buying. The ads say “customers that switch” not “people who quote” save that kind of money. That’s why companies can advertise the way they do. That is why drivers should compare many company’s rates. It’s just too difficult to predict the company that will give you the biggest savings on Mercedes-Benz SL-Class insurance.

Specific coverages for a Mercedes-Benz SL-Class

Having a good grasp of your insurance policy can help you determine the right coverages at the best deductibles and correct limits. Insurance terms can be difficult to understand and reading a policy is terribly boring.

Medical expense insurance

Medical payments and Personal Injury Protection insurance kick in for expenses for ambulance fees, pain medications, dental work and doctor visits. They are utilized in addition to your health insurance plan or if you do not have health coverage. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers

This provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

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 and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things such as hitting a deer, damage from flooding, theft and hitting a bird. The maximum payout your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability coverages

Liability insurance will cover damages or injuries you inflict on other’s property or people that is your fault. It protects YOU from claims by other people, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability can pay for things such as repair costs for stationary objects, medical expenses, medical services and attorney fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Collision insurance

This will pay to fix damage to your SL-Class caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sideswiping another vehicle, crashing into a building, driving through your garage door and hitting a mailbox. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to bump up the deductible to save money on collision insurance.

More choices the merrier

We’ve covered a lot of techniques to reduce 2001 Mercedes-Benz SL-Class insurance prices online. The key concept to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the lowest premiums are with an unexpected company.

Insureds who switch companies do it for a variety of reasons including not issuing a premium refund, questionable increases in premium, lack of trust in their agent or even policy cancellation. It doesn’t matter why you want to switch finding a new insurance coverage company is pretty simple and you could end up saving a buck or two.

Cheaper insurance is attainable from both online companies and with local insurance agents, so you should compare both to have the best chance of lowering rates. There are still a few companies who do not offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

Much more information about insurance coverage can be read at the links below