How Much Does 2012 Mercedes-Benz M-Class Insurance Cost?

Searching for cheaper car insurance rates for your Mercedes-Benz M-Class? There isn’t anyone who enjoys paying for car insurance, especially knowing the price is too high. You have multiple insurers to buy insurance from, and although it’s a good thing to have a selection, it makes it harder to compare rates.

You need to get comparison quotes periodically due to the fact that insurance prices are constantly changing. Just because you had the best price on M-Class coverage at your last renewal there is a good chance you can find better rates now. Ignore everything you know about car insurance because you’re going to get a crash course in one of the quickest ways to find better rates and still maintain coverage.

This information will teach you the most effective way to quote insurance. If you have car insurance now, you will be able to lower your premiums substantially using these techniques. Drivers just need to know the best way to compare rates over the internet.

Are you getting every discount?

Some insurers don’t always publicize the complete list of policy discounts in an easy-to-find place, so we break down both well-publicized and also the more inconspicuous savings tricks you should be using when you buy auto insurance online.

  • Theft Prevention Discount – Cars and trucks optioned with advanced anti-theft systems have a lower chance of being stolen and that can save you a little bit as well.
  • One Accident Forgiven – This one is not really a discount per se, but a handful of insurance companies will forgive one accident without raising rates so long as you haven’t had any claims prior to the accident.
  • Accident Free – Claim-free drivers can earn big discounts as opposed to policyholders that have many claims.
  • Memberships – Participating in certain professional organizations is a good way to get lower rates on your bill.
  • Payment Method – If you can afford to pay the entire bill rather than spreading payments over time you could save 5% or more.

Consumers should know that some credits don’t apply to all coverage premiums. A few only apply to the cost of specific coverages such as comp or med pay. Just because it seems like you can get free auto insurance, you’re out of luck. But any discount will definitely reduce your policy premiums.

Popular insurance companies and a partial list of their discounts are:

  • American Family may include discounts for accident-free, good driver, good student, defensive driver, and air bags.
  • Nationwide may offer discounts for defensive driving, multi-policy, easy pay, Farm Bureau membership, business or organization, good student, and anti-theft.
  • MetLife discounts include accident-free, claim-free, good driver, good student, and multi-policy.
  • 21st Century policyholders can earn discounts including driver training, early bird, student driver, teen driver, anti-lock brakes, and defensive driver.
  • Farmers Insurance offers discounts including bundle discounts, distant student, mature driver, teen driver, good student, and pay in full.
  • Allstate offers discounts for auto/life discount, 55 and retired, safe driver, resident student, economy car, good student, and early signing.

It’s a good idea to ask each company the best way to save money. Some of the earlier mentioned discounts may not apply in your area. To view insurers who offer discounts, click here to view.

When in doubt talk to an agent

When it comes to buying adequate coverage, there really is no one size fits all plan. Each situation is unique and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine whether you might need an agent’s assistance.

  • Who is covered by my policy?
  • Will my insurance pay for OEM parts?
  • Are my friends covered when driving my 2012 Mercedes-Benz M-Class?
  • Is my custom paint covered by insurance?
  • Am I covered if I hit my neighbor’s mailbox?
  • Should I sign the liability waiver when renting a car?
  • What is the rate difference between pleasure use and commuting?
  • Is rental equipment covered for theft or damage?
  • Should I rate my 2012 Mercedes-Benz M-Class as pleasure use or commute?
  • Do I need medical payments coverage since I have good health insurance?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance specifics

Learning about specific coverages of a car insurance policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Shown next are the usual coverages offered by car insurance companies.

UM/UIM Coverage – This coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Usually these coverages do not exceed the liability coverage limits.

Collision coverages – Collision coverage will pay to fix damage to your M-Class from colliding with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like damaging your car on a curb, rolling your car, colliding with a tree and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to get cheaper collision coverage.

Medical costs insurance – Coverage for medical payments and/or PIP pay for bills for things like surgery, prosthetic devices, chiropractic care and pain medications. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Liability insurance – Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, 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 a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims like legal defense fees, court costs, structural damage, repair costs for stationary objects and loss of income. How much liability coverage do you need? That is your choice, but consider buying as large an amount as possible.

Comprehensive or Other Than Collision – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as vandalism, damage from flooding and falling objects. The highest amount 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 dropping full coverage.

Never pay more for less

In this article, we presented many ways to compare 2012 Mercedes-Benz M-Class insurance prices online. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the best price on insurance is with the least-expected company. Smaller companies may cover specific market segments cheaper as compared to the big name companies such as State Farm, Geico and Nationwide.

Lower-priced 2012 Mercedes-Benz M-Class insurance is definitely available from both online companies as well as from independent agents, so you need to shop auto insurance with both to have the best rate selection. There are still a few companies who do not provide price quotes online and these regional insurance providers only sell coverage through local independent agencies.

As you go through the steps to switch your coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There are a lot of situations where an accident victim reduced physical damage coverage only to regret at claim time that it was a big mistake. Your goal should be to purchase a proper amount of coverage at an affordable rate, but do not sacrifice coverage to save money.

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