Cheap 2016 Mercedes-Benz SL-Class Insurance Quotes

Want cheaper auto insurance rates for your Mercedes-Benz SL-Class? Nobody fancies paying their premiums for auto insurance, especially when they know it costs too dang much.

Companies like GEICO, Progressive and Allstate continually hit you with ads and it is challenging if not impossible to see through the deception and effectively compare rates to find the best deal.

Consumers need to do price comparisons as often as possible because auto insurance prices are usually higher with each renewal. Just because you found the lowest quotes for SL-Class coverage two years ago there is a good chance you can find better rates now. There are a lot of ways to save on auto insurance on the web, but we’re going to give you some guaranteed methods to quit paying high auto insurance rates.

If you have car insurance now, you should be able to cut costs considerably using these methods. Choosing the best insurance company for you is not rocket science. But consumers need to have an understanding of how big insurance companies determine prices and use this information to your advantage.

Buy Mercedes-Benz SL-Class insurance for less

Many factors are taken into consideration when quoting car insurance. Some of the criteria are obvious like your driving record, but other criteria are more obscure such as your credit history or how financially stable you are.

  • Don’t abuse insurance claims – Car insurance companies provide lower rates to policyholders who do not rely on their insurance for small claims. If you tend to file frequent claims, you can expect either higher rates or even cancellation. Insurance coverage is intended to be relied upon for the large, substantial claims.
  • Good drivers pay the best costs – Whether or not you get tickets has a huge affect on how much you pay. Careful drivers tend to pay less for car insurance than bad drivers. Even a single speeding ticket or other violation can bump up the cost substantially. Drivers who get multiple violations such as reckless driving, hit and run or driving under the influence are required to submit a SR-22 or proof of financial responsibility with their state DMV in order to legally drive.
  • Pay more of a claim out-of-pocket – Deductibles for physical damage state the amount of money you are willing to pay if the claim is covered. Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your car. Examples of some claims that would be covered are colliding with a stationary object, vandalism, and damage caused by road hazards. The more damage repair cost the insured has to pay upfront, the lower your rates will be for SL-Class coverage.
  • Gender impacts costs – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. This data doesn’t prove that women are better drivers. They both are responsible for accidents in similar percentages, but men get into accidents with more damage. Not only are claims higher, but men receive more major tickets such as driving while intoxicated (DWI) or driving recklessly.
  • Cars with good safety ratings save money – Vehicles with high crash test scores get lower rates. These vehicles reduce the chance of injuries and fewer serious injuries means your insurance company pays less and cheaper rates on your policy.

Shop insurance coverage online

Many insurance companies allow you to get pricing on their websites. Doing online quotes doesn’t take a lot of time as you just type in your personal and coverage information as detailed in the form. After the form is submitted, their system obtains your driving and credit reports and returns pricing information determined by many factors. Being able to quote online makes it a lot easier to compare rates but the work required to visit a lot of sites and type in your information can be a bit repetitive. But it is imperative to compare as many rates as possible if you want to find the lowest price.

The smarter way to find better insurance coverage pricing makes use of a single form to return rates from multiple companies. It’s a real time-saver, eliminates repetitive work, and makes rate comparisons much easier. As soon as the form is sent, it is rated and you can choose any one of the resulting price quotes.

If the quotes result in lower rates, you can click and sign and buy the new coverage. This process takes 15 minutes at the most and can result in significant savings.

To fill out one form to compare multiple rates now, click here to open in a new tab and fill out the form. If you have a policy now, it’s recommended you complete the form with your coverages as shown on your current policy. This makes sure you will be getting comparison quotes using the exact same coverages.

Car insurance companies are expert advertisers

State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. They all make an identical promise that you can save if you get a free insurance quote and switch your car insurance policy to them. Is it even possible that every company can make the same claim? Here is how they do it.

All companies have strict underwriting profiles for the driver that is profitable for them. One example of a desirable insured may be a female over age 40, has no prior claims, and the vehicle is rated for pleasure use. Any customer that hits that “sweet spot” will get the preferred rates and will also cut their rates if they switch.

Consumers who don’t qualify for these criteria will be charged a more expensive rate and this results in business not being written. If you pay attention, the ads say “drivers that switch” but not “all drivers who get quotes” save money. That’s the way companies can truthfully state the savings.

This illustrates why it’s extremely important to compare rate quotes every year. It’s impossible to know with any certainty which company will provide you with the cheapest premium rates.

Are you receiving every discount?

Some insurers do not list all disounts very clearly, so the following is a list of a few of the more common and the harder-to-find credits available to you. If you check and find you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

  • Responsible Driver Discounts – Insureds who avoid accidents can save as much as half off their rates for SL-Class coverage than less cautious drivers.
  • No Claim Discounts – Insureds with no claims or accidents can earn big discounts as compared to policyholders that have many claims.
  • Service Members Pay Less – Being on active deployment in the military could trigger a small discount.
  • Include Life Insurance and Save – Some insurance carriers give a small discount if you purchase some life insurance in addition to your auto policy.
  • Memberships – Being in qualifying clubs or civic groups could earn you a nice discount on your bill.
  • Seat Belt Discounts – Using a seat belt and requiring all passengers to wear their seat belts may be able to save a few bucks on the premium charged for medical payments and/or PIP.
  • Good Student – This discount can get you a discount of up to 25%. The discount lasts well after school through age 25.
  • Driver Training Discounts – Participating in a course in safe driver can save you 5% or more and also improve your driving technique.
  • Telematics Devices – Insureds that choose to allow companies to study where and when they drive by using a small device installed in their vehicle such as Progressive’s Snapshot may see discounts as long as they are good drivers.

As a disclaimer on discounts, most of the big mark downs will not be given to your bottom line cost. Most only reduce specific coverage prices like comp or med pay. Despite the appearance that you could get a free insurance policy, that’s just not realistic.

Insurance companies that may have these benefits include:

Before purchasing a policy, check with each company how many discounts you can get. Depending on the company, some discounts may not be offered in every state. For a list of insurance companies with discount insurance rates, click this link.

When in doubt talk to an agent

When it comes to choosing the right insurance coverage, there really is no perfect coverage plan. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that can help discover if your situation will benefit from professional help.

  • Is a blown tire covered by insurance?
  • Does my insurance cover a custom paint job?
  • Will I lose any money if I cancel my policy before it expires?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is other people’s property covered if stolen from my vehicle?
  • Is my camper covered by my car insurance policy?
  • Why am I required to get a high-risk car insurance policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Do I have coverage if my license is suspended?

If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of car insurance companies in your area.

Auto insurance coverage specifics

Understanding the coverages of your policy can be of help when determining appropriate coverage for your vehicles. Auto insurance terms can be confusing and coverage can change by endorsement. Below you’ll find the normal coverages found on most auto insurance policies.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as a tree branch falling on your vehicle, rock chips in glass and hitting a bird. The highest amount a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability coverage provides protection from injuries or damage you cause to other people or property. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims like medical expenses, medical services, attorney fees, legal defense fees and court costs. How much coverage you buy is a personal decision, but you should buy as high a limit as you can afford.

Insurance for medical payments

Med pay and PIP coverage pay for short-term medical expenses such as EMT expenses, pain medications, dental work and funeral costs. They can be used to fill the gap from your health insurance program or if you do not have health coverage. It covers both the driver and occupants as well as any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Collision protection

This will pay to fix damage to your SL-Class resulting from colliding 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 coverage pays for claims like sideswiping another vehicle, driving through your garage door, scraping a guard rail, rolling your car and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

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. It can pay for medical payments for you and your occupants 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 important protection for you and your family. Frequently these limits are set the same as your liablity limits.

Don’t break the bank

When shopping online for auto insurance, never buy poor coverage just to save money. Too many times, an insured cut liability limits or collision coverage only to regret they didn’t purchase enough coverage. Your objective should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

We’ve covered many ways to save on 2016 Mercedes-Benz SL-Class insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the lowest prices come from a smaller regional carrier. Smaller companies may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.

Lower-priced auto insurance is available from both online companies as well as from independent agents, and you should be comparing both so you have a total pricing picture. Some companies do not offer rates over the internet and usually these small, regional companies provide coverage only through independent agents.

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