2010 Mercedes-Benz M-Class Insurance Quotes

Expensive Mercedes-Benz M-Class insurance can dry up your savings and make it hard to pay other bills. Comparing rate quotes is a fast and free way to slash your bill and have more diposable income.

There are many insurance companies to purchase coverage from, and although it’s nice to be able to choose, so many choices can make it hard to find the lowest cost provider.

Smart consumers take time to get comparison quotes at least once a year because car insurance prices go up and down regularly. Despite the fact that you may have had the best price for M-Class insurance on your last policy you will most likely find a better rate today. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to the tricks you need to know to find better coverage at a better price.

Locating more affordable insurance coverage is not that difficult. Basically, everyone who is required by state law to have insurance most likely will be able to cut their insurance bill. But drivers can benefit from knowing how big insurance companies sell online and take advantage of how the system works.

The most recommended method to compare rates is to understand almost all companies actually pay money for the chance to provide you with free rate quotes. To start a quote, the only thing you need to do is take a few minutes to give details including if it has an anti-theft system, if a SR-22 is needed, if you went to college, and your credit rating estimate. That rating data is then submitted to insurance carriers in your area and they return cost estimate very quickly.

These discounts can reduce insurance rates

Companies that sell car insurance don’t necessarily list the entire discount list very clearly, so the following is a list of some of the more common in addition to some of the lesser obvious discounts that you may qualify for. If you check and find you aren’t receiving every discount possible, you’re paying more than you need to.

  • E-sign Discounts – A handful of insurance companies will provide an incentive shop car insurance on the web.
  • Telematics Data Discounts – Drivers who elect to allow driving data submission to study driving patterns remotely like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they show good driving skills.
  • Auto/Life Discount – Select companies reward you with lower premium rates if you buy auto and life insurance together.
  • Discount for New Cars – Buying insurance coverage on a new vehicle can get you a discount because new vehicles are generally safer.
  • Own a Home and Save – Just being a homeowner may earn you a small savings because it shows financial diligence.
  • Air Bags and Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can get savings of up to 25% or more.
  • More Vehicles More Savings – Buying insurance for more than one vehicle with the same company can get a discount on all vehicles.
  • Good Students Pay Less – Getting good grades may save you up to 25%. You can use this discount normally up until you turn 25.
  • Claim Free – Insureds with no claims or accidents can save substantially in comparison with drivers with a long claim history.

As a disclaimer on discounts, many deductions do not apply to your bottom line cost. Most cut the price of certain insurance coverages like physical damage coverage or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, company stockholders wouldn’t be very happy.

Companies and some of their more popular discounts are included below.

  • State Farm has savings for passive restraint, multiple policy, multiple autos, accident-free, and Drive Safe & Save.
  • Farmers Insurance offers discounts for teen driver, early shopping, electronic funds transfer, mature driver, bundle discounts, and multi-car.
  • GEICO may include discounts for anti-lock brakes, air bags, anti-theft, defensive driver, and multi-vehicle.
  • American Family includes discounts for mySafetyValet, multi-vehicle, good student, early bird, and air bags.
  • Nationwide offers premium reductions for easy pay, good student, family plan, accident-free, Farm Bureau membership, and defensive driving.
  • Progressive may have discounts that include multi-vehicle, online signing, good student, multi-policy, and continuous coverage.

It’s a good idea to ask each insurance company to apply every possible discount. A few discounts might not be offered in your area.

Informed consumers can slash their insurance prices

Many things are part of the calculation when you quote your car insurance policy. Some are pretty understandable such as your driving record, but other criteria are more obscure like where you live or how financially stable you are.

The following are a partial list of the pieces used by your company to calculate rates.

  • Urban residents pay more – Choosing to live in small towns and rural areas is a good thing when buying insurance coverage. Fewer people corresponds to lower accident rates in addition to fewer liability claims. Drivers who live in large cities tend to have traffic congestion and a longer drive to work. The longer drive time translates into higher accident risk.
  • Extra coverages can cost a lot – Insurance policies have a lot of extra coverages that may not really be needed when buying insurance coverage. Things like rental car coverage, death and dismemberment, and extra life insurance coverage are probably not needed. These may sound like a good investment when you first buy your policy, but if you have no use for them remove them from your policy.
  • Defend yourself with liability insurance – Your insurance coverage policy’s liability coverage is the protection in the event that you are determined to be liable for damages caused by your negligence. Liability provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable compared to physical damage coverage, so insureds should have plenty of protection for their assets.
  • Never let your insurance coverage policy lapse – Driving without insurance is illegal and any future policy may cost more because you let your insurance coverage expire. Not only will you pay higher rates, the inability to provide proof of insurance could earn you a hefty fine and possibly a revoked license. You may then be required to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Raise your comp and collision deductibles for better premiums – The deductibles you choose represent how much money you are required to spend if a covered claim is submitted. Insurance for physical damage, also known as collision and other-than-collision, is used to repair damage to your car. Examples of some claims that would be covered would be collision with another vehicle, vandalism, and damage caused by road hazards. The more money you have to pay, the less money you will pay for insurance coverage for M-Class insurance.
  • Small claims can cost you – Companies give cheaper rates to policyholders who only file infrequent claims. If you are a frequent claim filer, you can pretty much guarantee either a policy non-renewal or much higher rates. Auto insurance is designed for the bigger claims that can’t be paid out-of-pocket.
  • Better drivers pay less – Drivers with clean records get better rates than people who have multiple driving citations. Just one citation could increase your next policy renewal twenty percent or more. Drivers who have received dangerous citations such as DUI or reckless driving may find that they have to to complete a SR-22 with their state’s department of motor vehicles in order to legally drive.

When do I need an agent’s advice?

When choosing proper insurance coverage for your personal vehicles, there really is no one size fits all plan. Each situation is unique so your insurance needs to address that. For example, these questions might point out if your insurance needs may require specific advice.

  • How do I insure my teen driver?
  • What is no-fault insurance?
  • What is the minimum liability in my state?
  • Can I make deliveries for my home business?
  • Do I need medical payments coverage since I have good health insurance?
  • How much liability do I need to cover my assets?
  • Is my camper covered by my car insurance policy?
  • Should I carry comprehensive and collision coverage?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Insurance coverage ads bend the truth

State Farm, GEICO and Progressive endlessly run ads in print and on television. All the companies tend to make the same promise that you’ll save big if you get a free car insurance quote and switch your coverage to them. How do they all save you money? This is how they do it.

All companies provide the lowest rates for the driver that earns them the most money. For example, this type of insured may be over the age of 40, has no driving citations, and the vehicle is rated for pleasure use. Any customer who meets those qualifications may get the lowest rates as well as save when switching.

Potential insureds who do not match these stringent criteria will be charged a more expensive rate which translates to business going elsewhere. The trick companies use is to say “customers that switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way companies can truthfully make claims that they all have the best rates.

This really emphasizes why you really need to quote coverage with many companies. Because you cannot predict which insurance companies will give you the biggest savings.

Coverages available on your car insurance policy

Knowing the specifics of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverages found on the average car insurance policy.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like dental work, EMT expenses and doctor visits. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not universally available and may carry a deductible

Comprehensive (Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, rock chips in glass, fire damage and damage from flooding. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for liability – This will cover damage that occurs to other’s property or people by causing an accident. It protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as structural damage, medical services, repair costs for stationary objects and bail bonds. How much coverage you buy is up to you, but buy as large an amount as possible.

Protection from uninsured/underinsured drivers – This provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.

Collision – This pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as backing into a parked car, damaging your car on a curb, sideswiping another vehicle, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Quote more. Save more.

As you go through the steps to switch your coverage, do not buy poor coverage just to save money. In many instances, someone dropped uninsured motorist or liability limits only to regret that their decision to reduce coverage ended up costing them more. Your objective should be to buy enough coverage at the best price while still protecting your assets.

Lower-priced auto insurance is available both online as well as from independent agents, and you need to comparison shop both to get a complete price analysis. Some companies do not offer online price quotes and many times these regional carriers work with independent insurance agents.

More detailed auto insurance information can be found by following these links: