Lower Your 2012 Mercedes-Benz GL-Class Insurance Rates

Trying to find the cheapest insurance rates for your Mercedes-Benz GL-Class? Paying low cost premium rates for Driversinsurance can seem to be frustrating for people not familiar with quoting and comparing prices online. Drivers have so many companies to choose from that it can quickly become a challenge to find the lowest price.

It’s smart to get comparison quotes every six months since insurance prices are rarely the same from one policy term to another. Even if you think you had the lowest price on GL-Class insurance a year ago you will most likely find a better rate quote today. Ignore everything you know about insurance because we’re going to show you the best methods to lower your annual insurance bill.

If you currently have a car insurance policy, you should be able to cut costs considerably using these tips. This information will instruct you on how to effectively get price quotes. Nevertheless, car owners must know the way companies price online insurance and take advantage of how the system works.

Insurance policy discounts

Some insurance providers don’t necessarily list every disount available very clearly, so the next list breaks down some of the more common and also the more inconspicuous discounts that may be available.

  • College Student – Children who are attending college and do not take a car to college could get you a discount.
  • Home Ownership Discount – Owning your own home or condo can get you a discount due to the fact that maintaining a home is proof that your finances are in order.
  • No Charge for an Accident – but certain companies will let one accident slide without the usual rate increase with the catch being you have to be claim-free for a certain period of time.
  • Anti-lock Brake Discount – Cars with ABS and/or traction control can reduce accidents and the ABS can save up to 10%.
  • Auto/Home Discount – If you can combine your home and auto policy and insure them both with the same insurance company you may earn up to 20% off your total premium.
  • Federal Government Employee – Having worked for a branch of the government could provide a small rate reduction on GL-Class insurance with a few insurance companies.

Remember that some of the credits will not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like liability and collision coverage. Even though the math looks like adding up those discounts means a free policy, companies wouldn’t make money that way. Any amount of discount will reduce the cost of your policy.

A few popular companies and the discounts they provide can be read below.

  • State Farm offers premium reductions for driver’s education, good student, defensive driving training, good driver, student away at school, and safe vehicle.
  • Progressive includes discounts for continuous coverage, multi-policy, multi-vehicle, online quote discount, online signing, homeowner, and good student.
  • Progressive has savings for multi-policy, good student, multi-vehicle, online signing, online quote discount, and homeowner.
  • MetLife policyholders can earn discounts including accident-free, good driver, good student, defensive driver, claim-free, multi-policy
  • Farm Bureau offers discounts including multi-policy, youthful driver, 55 and retired, safe driver, multi-vehicle, driver training, and good student.
  • Geico may offer discounts for multi-vehicle, seat belt use, defensive driver, five-year accident-free, multi-policy, emergency military deployment, and good student.
  • SAFECO may include discounts for anti-theft, safe driver, teen safety rewards, anti-lock brakes, and accident prevention training.

Check with every company what discounts are available to you. Depending on the company, some discounts might not be offered in your state. If you would like to view insurance companies with discount rates, follow this link.

How to lower your insurance costs

It’s important that you understand the rating factors that play a part in calculating your premiums. If you have some idea of what positively or negatively impacts your premiums, this enables informed choices that can help you get much lower annual insurance costs.

  • Save money with higher physical damage deductibles – Physical damage protection, termed comprehensive and collision coverage on your policy, is used to repair damage to your Mercedes-Benz. Examples of covered claims could be a dented fender, flood damage, and having your car stolen. Comprehensive and collision coverage deductibles tell how much you are required to spend out-of-pocket if you file a covered claim. The more money you pay before a claim is paid (deductible), the better rate you will receive on GL-Class insurance.
  • Pay more if you have a long commute – Residing in less populated areas has it’s advantages if you are looking for the lowest rates. People who live in big cities regularly have more traffic problems and more time behind the wheel. Fewer drivers and short commutes means fewer accidents and a lower car theft rate.
  • Liability insurance is critical – A critical coverage on your policy, liability insurance will provide protection if you are determined to be liable for personal injury or accident damage. It will provide you with a defense in court which can cost a lot. Liability is cheap compared to physical damage coverage, so do not skimp.
  • Lower rates with a multi-policy discount – Some insurance companies will award better rates to clients who have multiple policies with them such as combining an auto and homeowners policy. Even if you qualify for this discount already, you may still want to check prices from other companies to confirm you are receiving the best rates possible.
  • Driving citations drive up prices – Good drivers receive lower rates compared to drivers with tickets. Even a single speeding ticket can boost insurance rates by as much as twenty percent. Drivers with license-revoking violations such as DUI or reckless driving are required to submit a SR-22 form with the DMV in their state in order to prevent their license from being revoked.
  • Better credit means lower prices – An insured’s credit score will be a significant factor in determining what you pay for insurance. Insureds that have high credit ratings tend to file fewer claims than drivers who have worse credit. If your credit score is not that good, you could potentially save money when insuring your 2012 Mercedes-Benz GL-Class by spending a little time repairing your credit.
  • Driver age impacts costs – More experienced drivers are more responsible, are lower risk to insure .Drivers with little experience have a tendency to be more careless when driving with friends so insurance rates are higher.

How do I know if I need professional advice?

When it comes to buying the best insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining if your situation might need an agent’s assistance.

  • When should I buy a commercial auto policy?
  • Where can I get insurance after a DUI in my state?
  • Does coverage extend to a rental car in a foreign country?
  • Does my policy pay for OEM or aftermarket parts?
  • Should I drop comprehensive coverage on older vehicles?
  • What is roadside assistance coverage?
  • Is my babysitter covered when using my vehicle?
  • What exactly is covered by my policy?
  • What can I do if my company won’t pay a claim?

If you can’t answer these questions then you might want to talk to an agent. To find an agent in your area, take a second and complete this form.

Big brands don’t always mean big savings

Progressive, Allstate and Geico consistently run ads on TV and radio. All the ads advertise the message about saving some big amount if you move your policy. It sounds good, but how can they all give you a lower rate? It’s all in how they say it.

Many companies require specific criteria for the right customer that will generate a profit. One example of a desirable risk may need to be between the ages of 30 and 50, has a clean driving record, and has a short commute. A customer who matches those parameters will get low prices as well as save if they switch.

Drivers who are not a match for these criteria will have to pay higher rates and this results in the customer buying from someone else. Company advertisements say “customers that switch” not “everybody who quotes” save that much money. That’s the way companies can claim big savings.

Because of this risk profiling, drivers must get a wide range of price quotes. It’s just not possible to know which insurance companies will have better prices than you’re paying now.

Learn about car insurance coverages for a 2012 Mercedes-Benz GL-Class

Knowing the specifics of a car insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy.

Auto collision coverage

Collision coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with a tree, sideswiping another vehicle, rolling your car, backing into a parked car and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your Mercedes-Benz GL-Class.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like prosthetic devices, doctor visits, rehabilitation expenses and dental work. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants as well as being hit by a car walking across the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability insurance

This coverage will cover damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for things such as loss of income, repair costs for stationary objects, structural damage and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like theft, damage from getting keyed and a broken windshield. The maximum amount a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

In conclusion

We just showed you a lot of tips how to save on 2012 Mercedes-Benz GL-Class insurance. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may even discover the biggest savings come from a company that doesn’t do a lot of advertising.

Consumers change insurance companies for a number of reasons such as policy cancellation, poor customer service, unfair underwriting practices or even policy non-renewal. Regardless of your reason for switching companies, finding a new company is pretty simple and you could end up saving a buck or two.

When getting insurance quotes online, make sure you don’t reduce coverage to reduce premium. There have been many situations where consumers will sacrifice physical damage coverage only to regret that it was a big error on their part. Your objective should be to purchase plenty of coverage for the lowest price and still be able to protect your assets.

More tips and info about insurance coverage can be read by following these links: