2017 Mercedes-Benz SL-Class Insurance Quotes

Do you get exhausted from being strong-armed to insure your Mercedes-Benz every month? You’re in the same situation as most other drivers. You have multiple insurers to pick from, and although it’s nice to have a choice, more choices can make it harder to find the lowest rates.

You should take the time to price shop coverage before your next renewal because prices are variable and change quite frequently. Just because you found the best deal for SL-Class insurance on your last policy you will most likely find a better rate quote today. Ignore everything you know about insurance because you’re going to learn how to use online quotes to find better rates and still maintain coverage.

This information will help educate you on how car insurance quotes work and some tricks to saving. If you currently have car insurance, you will most likely be able to cut costs considerably using these tips. Drivers only need an understanding of the proper methods to compare price quotes over the internet.

Compare insurance coverage quotes online

There are a lot of ways you can shop for insurance coverage and some are less labor-intensive and much quicker. You could waste time talking to local insurance agents in your area, or you could use the web for quick rates.

Many insurance companies participate in a marketplace where insurance shoppers complete one form, and every company can provide price quotes based on that data. This saves time by eliminating repetitive form submissions for each company you want a rate for.

To use this form to compare rates click here to start a free quote.

The only drawback to doing it this way is you don’t know exactly which carriers to get quotes from. So if you want to choose individual companies to compare rates, we have a listing of insurance coverage companies in your area. Click here to view list.

Whichever way you use, ensure you’re using nearly identical quote data for each comparison quote. If you enter different coverage information it will be next to impossible to determine which company has the best rates.

Don’t overlook these insurance coverage discounts

Insurance coverage is not cheap nor is it fun to buy but you may be missing some discounts that can drop the cost substantially. Certain discounts will be triggered automatically at quote time, but occassionally some discounts must be inquired about prior to receiving the credit.

  • Lower Rates for Military – Being on active duty in the military could mean lower insurance coverage rates.
  • Save with a New Car – Buying coverage on a new vehicle is cheaper due to better safety requirements for new model year vehicles.
  • Renewal Discounts – Some companies reward drivers for switching policies before your current policy expires. This can save 10% or more.
  • Discount for Life Insurance – Not all insurance coverage companies offer life insurance, but some may give you better insurance coveragerates if you take out auto and life insurance together.
  • Driving Data Discount – Drivers who agree to allow their insurance coverage company to look at driving manner by installing a telematics device such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they have good driving habits.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Just because it seems like all the discounts add up to a free policy, that’s just not realistic.

The best insurance coverage companies and a selection of discounts can be read below.

  • AAA offers premium reductions for good driver, anti-theft, AAA membership discount, multi-policy, and pay-in-full.
  • Progressive offers discounts including homeowner, good student, online quote discount, multi-policy, continuous coverage, and online signing.
  • State Farm may offer discounts for accident-free, safe vehicle, passive restraint, student away at school, Drive Safe & Save, multiple autos, and good driver.
  • Esurance policyholders can earn discounts including good student, multi-car, online quote, multi-policy, renters, and claim free.
  • Nationwide includes discounts for family plan, Farm Bureau membership, easy pay, business or organization, good student, multi-policy, and anti-theft.

Before purchasing a policy, check with each company to apply every possible discount. Some of the earlier mentioned discounts might not be offered on policies in your area. To see insurers who offer discounts, click this link.

How insurance companies calculate Mercedes-Benz SL-Class insurance premiums

Many factors are taken into consideration when pricing auto insurance. Some factors are common sense like a motor vehicle report, but other criteria are more transparent like your vehicle usage or your financial responsibility.

  • Urban areas may pay more – Choosing to live in a rural area can save you money if you are looking for the lowest rates. People who live in big cities have to deal with more auto accidents and more time behind the wheel. Fewer people translates into fewer accidents in addition to fewer liability claims.
  • Poor credit decisions can cost you – Having a bad credit score is a big factor in calculating your premium rate. Insureds that have high credit ratings tend to file fewer claims and have better driving records than drivers who have lower credit scores. If your credit rating can be improved, you could be paying less to insure your 2017 Mercedes-Benz SL-Class by spending a little time repairing your credit.
  • Older drivers pay less – Mature drivers are more responsible, file fewer claims and are safer drivers.Teen drivers have been known to be easily distracted when behind the wheel so insurance rates are higher.
  • Allowing your policy to lapse raises premiums – Not maintaining insurance is a big no-no and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. Not only will rates go up, the inability to provide proof of insurance might get you fines and jail time.
  • Bad drivers pay high premiums – How you drive impacts your car insurance rates tremendously. Attentive drivers receive lower rates compared to drivers with tickets. Just one chargable violation can bump up the cost forty percent or more. Drivers who have license-revoking citations such as DUI or reckless driving are required to submit a SR-22 or proof of financial responsibility with their state’s department of motor vehicles in order to legally drive a vehicle.

When to get professional advice

When buying adequate coverage, there isn’t really a cookie cutter policy. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that might point out whether you could use an agent’s help.

  • What should my uninsured motorist coverage limits be in my state?
  • Do I need medical payments coverage since I have good health insurance?
  • What if I don’t agree with a claim settlement offer?
  • Can my teen drive my company car?
  • When should I not file a claim?
  • What is high-risk coverage and where do I buy it?
  • When does my teenage driver need to be added to my policy?
  • How do I file an SR-22 for a DUI in my state?
  • Should I waive the damage coverage when renting a car?
  • Am I missing any policy discounts?

If you don’t know the answers to these questions then you might want to talk to a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and may give you better protection.

But they said I’d save $436 a year!

Consumers can’t get away from all the ads for cheaper auto insurance by companies like Allstate, Geico and Progressive. They all seem to make the promise about how much you will save if you get a free car insurance quote and switch your coverage to them.

How is it possible that every company can have lower policy pricing?

Auto insurance companies have an ideal profile for the right customer that makes them money. For example, a profitable customer could possibly be between the ages of 30 and 50, carries high limits, and drives less than 7,500 miles a year. Any person who matches that profile will get a cheap rate quote as well as cut their rates substantially.

Consumers who cannot meet this ideal profile will be charged higher premium rates which results in the customer not buying. Company advertisements say “customers who switch” but not “all drivers who get quotes” save money. This is how insurance companies can confidently lure you into getting a quote.

Different companies use different criteria so it is so important to do a price quote comparison at every renewal. It’s not possible to predict which insurance companies will give you the biggest savings.

Auto insurance coverage information

Having a good grasp of auto insurance helps when choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Listed below are the usual coverages available from auto insurance companies.

Liability insurance – Liability coverage protects you from damage that occurs to people or other property in an accident. This coverage protects you from claims by other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined single limit or CSL which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as loss of income, legal defense fees and court costs. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and damage to your Mercedes-Benz SL-Class.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Collision – Collision insurance pays for damage to your SL-Class caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a ditch, driving through your garage door and sustaining damage from a pot hole. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also raise the deductible to bring the cost down.

Comprehensive coverage (or Other than Collision) – This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like hitting a deer, fire damage, hitting a bird, hail damage and a broken windshield. The maximum payout your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance kick in for expenses like surgery, EMT expenses, X-ray expenses and nursing services. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Save your hard earned cash

In this article, we presented quite a bit of information on how to compare 2017 Mercedes-Benz SL-Class insurance rates online. The key thing to remember is the more rate quotes you have, the higher your chance of finding low cost car insurance. You may even discover the most savings is with the least-expected company. These smaller insurers can often provide lower auto insurance rates in certain areas compared to the large companies like Allstate, Geico and Progressive.

When shopping online for car insurance, you should never skimp on coverage in order to save money. There are too many instances where consumers will sacrifice uninsured motorist or liability limits to discover at claim time that the small savings ended up costing them much more. The goal is to purchase plenty of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

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