2007 Mercedes-Benz M-Class Insurance Cost

Shoppers have many options when shopping for the best price on Mercedes-Benz M-Class insurance. You can either waste hours driving around trying to get quotes or utilize the internet to compare rates. There are more efficient ways to shop for auto insurance and we’ll show you the absolute fastest way to compare rates on a Mercedes-Benz and obtain the cheapest rates from both online companies and local agents.

Finding affordable coverage is not rocket science. If you have car insurance now, you will be able to save some money using this strategy. Drivers just need to understand the proper methods to compare company rates online.

How to buy car insurance

There are several ways to compare car insurance prices and some are less time-consuming than others. You can spend your afternoon discussing policy coverages with agents in your area, or you can utilize the web to quickly compare rates.

Many companies participate in a marketplace that allows shoppers to complete one form, and every company can give them a price based on that data. This prevents consumers from doing quote forms to each company.

To participate in this free quote system, click to open in new window.

One minor caviat to using this type of form is that consumers can’t choose which carriers to get quotes from. So if you prefer to pick individual companies to compare, we put together a list of car insurance companies in your area. Click to view list.

It’s up to you how you get prices quotes, just make absolute certain that you use equivalent deductibles and coverage limits on every price quote you get. If you are comparing unequal deductibles or liability limits it will be very difficult to truly determine the lowest rate.

Lower rate quotes with discounts

Auto insurance companies don’t always list every possible discount very clearly, so here is a list both well-publicized and the more hidden insurance savings. If they aren’t giving you every credit available, you could be paying more than you need to.

  • Driving Data Discount – Drivers that enable their insurance company to analyze vehicle usage by installing a telematics device like Drivewise from Allstate or In-Drive from State Farm might see lower rates if they exhibit good driving behavior.
  • Drivers Ed for Students – Require your teen driver to participate in a local driver’s education class if it’s offered in school.
  • Good Drivers – Insureds who avoid accidents could pay up to 40% less for M-Class coverage than drivers with accident claims.
  • Pay Now and Pay Less – If you pay your bill all at once rather than spreading payments over time you can actually save on your bill.
  • Good Student Discount – Getting good grades can be rewarded with saving of up to 25%. The discount lasts until age 25.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.

A few popular companies and a partial list of their discounts are:

  • Progressive offers discounts for online signing, homeowner, online quote discount, multi-policy, good student, and multi-vehicle.
  • The Hartford includes discounts for vehicle fuel type, driver training, good student, anti-theft, bundle, defensive driver, and air bag.
  • Mercury Insurance offers premium reductions for location of vehicle, low natural disaster claims, type of vehicle, multi-policy, and age of vehicle.
  • Geico has discounts for five-year accident-free, defensive driver, good student, multi-vehicle, anti-theft, and emergency military deployment.
  • AAA may include discounts for multi-car, pay-in-full, AAA membership discount, good student, and good driver.
  • State Farm offers discounts including accident-free, Steer Clear safe driver discount, safe vehicle, passive restraint, and good driver.

When quoting, ask each company which discounts they offer. Discounts may not be available in your state. If you would like to view insurance companies that offer discounts, follow this link.

How you can control Mercedes-Benz M-Class insurance prices

Many things are part of the equation when you get your auto insurance bill. Some factors are common sense like an MVR report, but other factors are less obvious such as your marital status or how financially stable you are.When buying insurance it’s important to understand some of the things that go into determining the rates you pay for insurance. If you have some idea of what influences your rates, this enables informed choices that could result in much lower annual insurance costs.

  • Your address can push rates up or down – Living in small towns and rural areas has it’s advantages when insuring your vehicles. Fewer drivers and short commutes translates into fewer accidents and lower theft and vandalism rates. Drivers in populated areas tend to have congested traffic and more severe claims. The longer drive time translates into higher accident risk.
  • Careless drivers pay higher costs – Good drivers get better rates as compared to those with violations. Having just one speeding ticket or other violation may increase your cost to the point where it’s not affordable. Drivers unfortunate enough to have license-revoking tickets like DUI or willful reckless driving may find they need to complete a SR-22 with their state in order to keep their license.
  • More than one policy can earn a discount – Most major insurance companies will give a discount for people who have multiple policies with them. It’s known as a multi-policy discount. The discount can add up to 10 percent or more. Even if you already get this discount, you still need to check prices from other companies to guarantee you are still saving the most.There is a chance you can save even more than the discount even if you have your coverage with different companies
  • How many miles do you drive? – The more you drive every year the higher your rates will be. Most insurance companies calculate prices based upon how the vehicle is primarily used. Vehicles not used for work or commuting can get a lower rate than those used for commuting. It’s always a good idea to double check that your insurance policy correctly shows the correct usage. Having an incorrect usage rating on your M-Class may be wasting your money.
  • Youthful drivers pay more – Older people are viewed as being more responsible, cost insurance companies less in claims and are safer drivers.Teenage drivers are known to be inattentive and easily distracted when driving with friends therefore insurance rates are much higher.
  • Liability protection is important – Your insurance policy’s liability coverage kicks in in the event that you are found liable for personal injury or accident damage. It provides you with a defense in court starting from day one. Liability insurance is pretty cheap when compared to the cost of physical damage coverage, so drivers should carry high limits.
  • Lower comp and collision deductibles cost more – Coverage for physical damage, also called comprehensive and collision insurance, insures against damage to your Mercedes-Benz. Some coverage claims would be a windshield shattered by a rock, collision with an animal, and burglary. Comp and collision deductibles represent how much money you are willing to pay in the event of a claim. The more money the insured has to pay upfront, the less your insurance will be for M-Class coverage.
  • Keep premiums low by being claim-free – If you are a frequent claim filer, you can pretty much guarantee either higher rates or even cancellation. Insurance companies award lower rates to policyholders who do not file claims often. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.

What is the best car insurance coverage?

When it comes to choosing the best car insurance coverage for your vehicles, there is no “best” method to buy coverage. Everyone’s situation is unique.

These are some specific questions might point out if your insurance needs might need an agent’s assistance.

  • Do I have newly-aquired coverage?
  • Is my camper covered by my car insurance policy?
  • Am I covered if hit by an uninsured driver?
  • Will my rates increase for filing one claim?
  • Is my 2007 Mercedes-Benz M-Class covered for smoke damage?
  • Where can I get insurance after a DUI in my state?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Can my babysitter drive my car?
  • What can I do if my company won’t pay a claim?
  • Why am I be forced to buy a membership to get insurance from some companies?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Will you really save $424 on insurance coverage?

Consumers can’t ignore all the ads for the lowest price insurance coverage by companies like Progressive, Geico, Allstate and State Farm. All the companies tend to make the same promise that you can save after switching your coverage to them.

It sounds good, but how can they all give you a better price? Just pay attention to how they say it.

Insurance companies are able to cherry pick for the type of driver that earns them the most money. An example of this type of driver might have to be between 25 and 40, has no driving citations, and chooses high deductibles. Any driver who fits that profile will get very good car insurance rates and as a result will probably cut their rates substantially.

Insureds who do not fit the ideal profile will have to pay higher rates with the end result being the prospect going elsewhere. If you listen to the ad wording, they say “drivers that switch” not “everybody who quotes” save that much. That’s why insurance companies can confidently lure you into getting a quote. Each company has different criteria, so it is so important to get car insurance quotes as often as possible. It is impossible to guess which company will provide the lowest premium rates.

Auto insurance coverages

Understanding the coverages of your car insurance policy can be of help when determining appropriate coverage for your vehicles. Car insurance terms can be impossible to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz M-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability insurance – Liability coverage provides protection from damage or injury you incur to other’s property or people in an accident. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims such as pain and suffering, structural damage and emergency aid. How much coverage you buy is up to you, but consider buying as much as you can afford.

Comprehensive insurance – This will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as theft, vandalism, rock chips in glass, hitting a bird and hail damage. The most your car insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverages – This pays to fix your vehicle from damage caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a parking meter, colliding with a tree, damaging your car on a curb and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for ambulance fees, surgery, X-ray expenses, prosthetic devices and funeral costs. The coverages can be used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover you and your occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

A fool and his money are soon parted

Drivers change insurance companies for many reasons like high rates after DUI convictions, delays in paying claims, extreme rates for teen drivers or even unfair underwriting practices. Whatever your reason, finding a new insurance company is not as hard as you think.

As you quote car insurance, don’t be tempted to reduce coverage to reduce premium. Too many times, drivers have reduced comprehensive coverage or liability limits only to discover later that the small savings ended up costing them much more. The proper strategy is to buy enough coverage at the lowest possible cost, but don’t skip important coverages to save money.

You just read some good ideas how you can shop for 2007 Mercedes-Benz M-Class insurance online. The most important thing to understand is the more companies you get prices for, the better likelihood of getting cheap car insurance. You may be surprised to find that the most savings is with some of the lesser-known companies.

More information can be read at the links below