Compare 1998 Mercedes-Benz SL-Class Car Insurance Quotes

Searching for cheaper auto insurance rates for your Mercedes-Benz SL-Class? Finding the best price on auto insurance can be a challenge if you’re new to online quoting. But don’t just give up because it’s actually quite easy.

You should make it a habit to check auto insurance prices once or twice a year due to the fact that insurance prices are rarely the same from one policy term to another. Just because you found the best rates for SL-Class coverage two years ago the chances are good that you can find a lower rate quote today. Ignore everything you know about auto insurance because you’re going to get a crash course in one of the easiest ways to lower your annual insurance bill.

The quickest way to compare policy rates is to understand most of the larger companies pay for the opportunity to give you rate quotes. The one thing you need to do is provide the companies a bit of rating information including your occupation, whether you have decent credit, the type of vehicles you drive, and types of safety features. Your details is automatically sent to insurance companies and they return quotes almost instantly.

Take advantage of with these discounts

Some providers don’t always list all available discounts very clearly, so the list below details a few of the more well known in addition to some of the lesser obvious credits available to lower your premiums when you buy insurance online. If you do not check that you are getting every discount available, you may be paying too high a price.

• Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts could see savings of 20 to 30 percent.
• Military Rewards – Being deployed in the military could qualify you for better prices.
• Discounts for Federal Employees – Active or retired federal employment could provide a small rate reduction for SL-Class coverage with a few insurance coverage companies.
• ABS Brakes – Cars and trucks with ABS and/or traction control can stop better under adverse conditions so you can save 10 percent or more.
• Claim Free – Insureds who avoid accidents and claims get the best insurance coverage rates compared to policyholders that have many claims.
• Accident Waiver – Not a discount per se, but companies like Geico, State Farm, and Progressive will let one accident slide without getting socked with a rate hike if you are claim-free for a particular time prior to the accident.
• Discount for Home Ownership – Owning a home can save you money due to the fact that maintaining a home is proof that your finances are in order.
• Include Life Insurance and Save – If the company offers life insurance, you could get better premium rates if you take out life insurance from them.

As is typical with insurance, some credits don’t apply to the entire policy premium. The majority will only reduce specific coverage prices like liability and collision coverage. Just because it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

Large insurance coverage companies and their offered discounts are:

• Progressive has savings for homeowner, multi-vehicle, online quote discount, good student, online signing, and multi-policy.
• The Hartford may offer discounts for anti-theft, defensive driver, air bag, vehicle fuel type, bundle, and good student.
• Mercury Insurance offers premium reductions for accident-free, type of vehicle, low natural disaster claims, good driver, and good student.
• Geico may have discounts that include anti-theft, seat belt use, multi-vehicle, daytime running lights, military active duty, defensive driver, and multi-policy.
• AAA may include discounts for anti-theft, AAA membership discount, multi-policy, good driver, and good student.
• State Farm includes discounts for Steer Clear safe driver discount, safe vehicle, anti-theft, multiple autos, and good student.

Check with all companies you are considering how many discounts you can get. Some discounts may not apply to policies in your area.

Your situation helps dictate your coverage

When choosing adequate coverage for your personal vehicles, there really is no one size fits all plan. Every situation is different.

For example, these questions can aid in determining if your situation could use an agent’s help.

• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Why am I required to buy high-risk coverage?
• Should I carry comprehensive and collision coverage?
• Can my teen driver be rated on a liability-only vehicle?
• Who is covered when they drive my 1998 Mercedes-Benz SL-Class?
• Why am I be forced to buy a membership to get insurance from some companies?
• What is roadside assistance coverage?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form.

Specific coverages for a 1998 Mercedes-Benz SL-Class

Understanding the coverages of your policy aids in choosing appropriate coverage at the best deductibles and correct limits. Auto insurance terms can be ambiguous and reading a policy is terribly boring.

Liability – This protects you from injuries or damage you cause to a person or their property. It protects you from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three 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 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have 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 insurance covers things such as emergency aid, loss of income, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 1998 Mercedes-Benz SL-Class.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Insurance for medical payments – Personal Injury Protection (PIP) and medical payments coverage pay for bills such as hospital visits, rehabilitation expenses, dental work, pain medications and EMT expenses. The coverages can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Collision coverages – Collision coverage covers damage to your SL-Class from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like sideswiping another vehicle, backing into a parked car, hitting a parking meter and crashing into a ditch. This coverage can be expensive, so consider removing coverage from older vehicles. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive coverage (or Other than Collision) – This coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, damage from a tornado or hurricane, a broken windshield and vandalism. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.