Save on 2004 Mercedes-Benz SL-Class Insurance Quotes

Searching for better auto insurance rates for your Mercedes-Benz SL-Class? Scraping up a payment for overpriced Mercedes-Benz SL-Class insurance can stress out your family’s budget and possibly require postponing other expenditures. Comparing price quotes can lower your rates and help to make sure you’re not throwing money away.

Big companies like State Farm and GEICO all promote huge savings with TV and radio ads and it can be hard to see past the corporate glitz and take the time to shop coverage around.

You should take the time to take a look at other company’s rates yearly since insurance prices are variable and change quite frequently. Even if you got the lowest rate for SL-Class coverage on your last policy you can probably find a better premium rate now. There is too much inaccurate information about auto insurance out there, but in just a couple of minutes you can learn some of the best techniques to lower your auto insurance rates.

If you currently have a car insurance policy, you will be able to cut costs considerably using this information. Finding the best rates is easy if you know what you’re doing. Nevertheless, car owners do need to know the way insurance companies market on the web and apply this information to your search.

Finding car insurance

There are a variety of methods to shop for car insurance, and some are less time-consuming than others. You can waste a few hours (or days) driving to agents in your area, or you can utilize the web to get rates in a matter of minutes.

Most major companies belong to an insurance system where prospective buyers only type in their quote data once, and each company returns a rated price based on that data. This eliminates the need for quotation requests for each company you want a rate for.

To participate in this free quote system, click here (opens in new window).

The single downside to using this type of form is you don’t know exactly which providers you will receive quotes from. So if you prefer to pick from a list of companies to compare rates, we have a page of car insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but do your best to use nearly identical coverage data with each company. If each company quotes different values for each quote it will be impossible to determine the best price for your Mercedes-Benz SL-Class. Quoting even small variations in limits could throw off the whole comparison. Just remember that comparing all the rates in your area helps locate the best rates.

These discounts can lower your insurance quotes

Car insurance companies do not advertise every possible discount very well, so here is a list both the well known and the harder-to-find ways to save on insurance.

Good Student Discount – Performing well in school could provide a savings of up to 20% or more. You can use this discount normally up until you turn 25.
Seat Belt Usage – Requiring all passengers to buckle up can save up to 15% off the medical payments premium.
Discount for Life Insurance – If the company offers life insurance, you could get a discounted price on car insurance if you buy a life policy as well.
Passive Restraints – Vehicles equipped with air bags can receive discounts as much as 30%.
Sign Online – Some companies will provide an incentive for buying your policy on the internet.
Discount for Multiple Policies – If you insure your home and vehicles and insure them with the same company they may give you a discount of over 10 percent off each policy depending on the company.
Multi-car Discount – Buying coverage for several vehicles on a single policy can reduce the rates for all insured vehicles.

Don’t be shocked that some of the credits will not apply to the entire cost. A few only apply to 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, it doesn’t quite work that way. Any qualifying discounts will cut your policy premiums.

Companies and a partial list of their discounts are shown below.

Progressive has savings for homeowner, multi-vehicle, online quote discount, online signing, continuous coverage, and good student.
AAA discounts include good driver, good student, AAA membership discount, education and occupation, multi-policy, multi-car, and anti-theft.
Farmers Insurance includes discounts for homeowner, alternative fuel, business and professional, electronic funds transfer, and youthful driver.
GEICO offers discounts including military active duty, anti-lock brakes, multi-vehicle, anti-theft, seat belt use, and daytime running lights.
Esurance may offer discounts for safety device, homeowner, DriveSense, renters, online quote, emergency road assistance, and anti-theft.
SAFECO offers discounts for safe driver, teen safe driver, anti-theft, teen safety rewards, anti-lock brakes, drive less, and homeowner.
State Farm offers premium reductions for anti-theft, good driver, safe vehicle, Steer Clear safe driver discount, Drive Safe & Save, multiple autos, and passive restraint.

If you want inexpensive car insurance quotes, ask every insurance company to give you their best rates. Savings might not be offered in your area. If you would like to see a list of providers who offer insurance discounts, click this link.

Different people need different car insurance coverages

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a one size fits all plan. Every insured’s situation is different so your insurance should reflect that For example, these questions may help highlight whether or not you might need professional guidance.

How do I insure my teen driver?
Am I covered if I wreck a rental car?
Do I have coverage when making deliveries for my home business?
Should I drop comprehensive coverage on older vehicles?
Can I afford to buy a different vehicle if my 2004 Mercedes-Benz SL-Class is totaled?
How much can I save by bundling my policies?
What are the financial responsibility laws in my state?
Should I waive the damage coverage when renting a car?
Which companies will insure high-risk drivers?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Auto insurance 101

Learning about specific coverages of a auto insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are the usual coverages available from auto insurance companies.

Comprehensive auto insurance

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like damage from getting keyed, fire damage and hail damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for collisions

This covers 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 then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims like backing into a parked car, driving through your garage door and rolling your car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for expenses such as doctor visits, ambulance fees and funeral costs. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP is not available in all states and gives slightly broader coverage than med pay

Auto liability insurance

This protects you from damage that occurs to people or other property by causing an accident. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 which stand for $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Another option is one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as attorney fees, medical expenses, repair bills for other people’s vehicles, funeral expenses and loss of income. The amount of liability coverage you purchase is a personal decision, but you should buy as high a limit as you can afford.

Coverage for uninsured or underinsured drivers

This coverage gives you protection from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Mercedes-Benz SL-Class.

Since 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 is very important. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.