2013 Mercedes-Benz SL-Class Insurance Cost – 6 Tricks for Cheapest Prices

Trying to come up with a payment for pricey auto insurance can take a big chunk out of your accounts and require stricter spending habits. Performing a price comparison is free and is an excellent way to lower your monthly bill.

People have many car insurance companies to purchase coverage from, and although it’s nice to have a choice, more options can take longer to compare rates and cut insurance costs.

It’s a great practice to get comparison quotes occasionally because prices change quite often. Just because you found the lowest quotes on SL-Class coverage last year other companies may now be cheaper. Ignore everything you know about auto insurance because we’re going to demonstrate the things you must know in order to eliminate unnecessary coverages and save money.

The quickest method we recommend to compare rate quotes is to know auto insurance companies participate in a system to quote your coverage. To get started, all you need to do is give them some information including driver ages, if your license is active, your general credit rating, and coverage limits. The data is sent automatically to insurance carriers in your area and they return cost estimate immediately.

To check rates for your car now, click here and find out if lower rates are available.

Lower-cost insurance coverage rates with discounts

Not many people think insurance is cheap, but there may be some discounts to help offset the cost. Some trigger automatically when you quote, but a few must be inquired about before you will receive the discount. If you don’t get every credit possible, you could be paying more than you need to.

  • Passive Restraints and Air Bags – Factory air bags may earn rate discounts of up to 25% or more.
  • Discounts for Government Workers – Active or retired federal employment may reduce rates when you quote insurance on SL-Class coverage with select insurance companies.
  • Senior Citizen Discount – Drivers over the age of 55 can possibly qualify for a small discount on rates on SL-Class coverage.
  • Student Discount for Driver Training – Reduce the cost of insurance for teen drivers by having them complete a driver education course if offered at their school.
  • Theft Prevention System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen with less frequency and will save you 10% or more.
  • College Student Discount – Children who live away from home to go to college and do not have a car can be insured at a reduced rate.

Don’t be surprised that some credits don’t apply to all coverage premiums. Most only cut specific coverage prices like comp or med pay. Just because you may think all the discounts add up to a free policy, it doesn’t quite work that way.

Companies and a summarized list of policyholder discounts can be read below.

  • Travelers has discounts for new car, continuous insurance, multi-car, hybrid/electric vehicle, good student, and payment discounts.
  • 21st Century may have discounts that include automatic seat belts, defensive driver, good student, early bird, anti-lock brakes, student driver, and 55 and older.
  • State Farm includes discounts for accident-free, Steer Clear safe driver discount, multiple autos, good driver, anti-theft, and student away at school.
  • Geico may offer discounts for membership and employees, anti-lock brakes, multi-vehicle, emergency military deployment, military active duty, and federal employee.
  • SAFECO offers premium reductions for teen safety rewards, anti-lock brakes, teen safe driver, accident prevention training, homeowner, safe driver, and anti-theft.
  • AAA has savings for multi-policy, AAA membership discount, anti-theft, good driver, multi-car, education and occupation, and good student.

When getting free insurance quotes, it’s a good idea to all companies you are considering which discounts you may be entitled to. Depending on the company, some discounts might not be offered on policies in your area. If you would like to view insurance coverage companies who offer online insurance coverage quotes, click here.

Tailor your insurance coverage to you

When buying coverage, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that could help you determine if your insurance needs might need professional guidance.

  • Do I need PIP (personal injury protection) coverage in my state?
  • Do I pay less if my vehicle is kept in my garage?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Is my trailer covered?
  • Does my policy pay for OEM or aftermarket parts?
  • Does coverage extend to a rental car in a foreign country?

If you can’t answer these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Car insurance coverages explained

Knowing the specifics of a car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Car insurance terms can be confusing and reading a policy is terribly boring. These are typical coverage types offered by car insurance companies.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and also any damage incurred to your 2013 Mercedes-Benz SL-Class.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive insurance

This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like hitting a bird, damage from flooding, damage from getting keyed, a tree branch falling on your vehicle and fire damage. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability insurance

Liability coverage provides protection from injuries or damage you cause to people or other property. It protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for things such as medical expenses, structural damage, pain and suffering and legal defense fees. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Auto collision coverage

This coverage covers damage to your SL-Class caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as rolling your car, colliding with a tree, hitting a parking meter, 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. You can also increase the deductible to save money on collision insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses for things like X-ray expenses, funeral costs, prosthetic devices and nursing services. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Never pay more for less

Some insurance providers may not provide internet price quotes and usually these regional carriers only sell coverage through independent agents. Cheap 2013 Mercedes-Benz SL-Class insurance can be sourced both online in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money.

As you shop your coverage around, it’s not a good idea to sacrifice coverage to reduce premiums. In too many instances, consumers will sacrifice liability limits or collision coverage and discovered at claim time that they should have had better coverage. The aim is to buy the best coverage you can find at the best price, but don’t skip important coverages to save money.

Other resources