Cheaper 2014 Mercedes-Benz SL-Class Insurance Quotes

When trying to find lower-priced insurance, do you get frustrated by the wide range of auto insurance providers that you can choose from? There are so many choices that it can be hard work to compare auto insurance rates.

Buying car insurance is not rocket science. Basically, everyone who is required by state law to have car insurance will be able to find lower rates. Nevertheless, consumers benefit from understanding how big insurance companies market insurance on the web and take advantage of how the system works.

Seven things that impact your insurance costs

Multiple criteria are used when you get your auto insurance bill. A few of the factors are predictable such as your driving history, but some are more obscure like your continuous coverage or your financial responsibility.

The itemized list below are some of the major factors used by companies to determine your premiums.

  • Getting married equates to better premiums – Walking down the aisle may cut your premiums when buying car insurance. Having a significant other means you’re less irresponsible and it’s statistically proven that married drivers get in fewer accidents.
  • Do you save by driving less? – Driving more miles in a year’s time the higher your rates will be. A lot of companies charge rates based upon how you use the vehicle. Vehicles left parked in the garage can be on a lower rate level than vehicles that have high annual mileage. Double check that your policy states how each vehicle is driven. An improperly rated SL-Class is just wasting money.
  • Prevent coverage lapses – Allowing your coverage to lapse will be a guaranteed way to pay more for car insurance. In addition to paying higher premiums, the inability to provide proof of insurance may earn you a license revocation or jail time. You will then be forced to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Do you know your comp and collision deductibles? – Protection for physical damage, also called ‘full coverage’, covers your vehicle from damage. Examples of covered claims are running into the backend of another car, hail damage, and burglary. Deductibles for physical damage are the amount of money you are required to spend out-of-pocket if you file a covered claim. The larger the amount the insured has to pay upfront, the less your car insurance will be on SL-Class coverage.
  • Theft deterrents systems cut premiums – Selecting a car model with a theft deterrent system can help lower your premiums. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft.
  • High credit means lower rates – Having a good credit history factor in determining what you pay. Drivers with high credit scores tend to be better drivers and file fewer claims than drivers with bad credit. If your credit can use some improvement, you may save money insuring your 2014 Mercedes-Benz SL-Class by improving your rating.
  • Guys tend to take more risk – Over the last 50 years, statistics have shown females are less aggressive when driving. The data does not necessarily mean that males are worse at driving than females. Women and men have fender benders at a similar rate, but guys tend to have higher claims. Not only that, but men also get higher numbers of serious violations such as driving while intoxicated (DWI) or driving recklessly.

Shop car insurance online

Shopping for lower car insurance rates can be a lot of work if you don’t utilize the most efficient way to do it. You could waste a few hours discussing policy coverages with agents in your area, or you could save time and use online quoting to get rate comparisons in just a few minutes.

Most of the larger companies enroll in a system that allows shoppers to submit one quote, and every company provides a quote based on the submitted data. This prevents consumers from doing repetitive form submissions to each company. To get comparison pricing now click to open in new window.

The one downside to doing it this way is that you can’t choose the providers you want pricing from. If you wish to select from a list of companies to request quotes from, we have a page of low cost car insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but make darn sure you compare equivalent information for every quote you compare. If you use different values for each quote it’s impossible to make an equal comparison. Just a small difference in limits can make a big difference in price. Just keep in mind that comparing a large number of companies provides better odds of finding more affordable insurance. Not every company provides online price quotes, so you also need to get quotes from the smaller companies as well.

Auto insurance discounts are available to reduce your rates

Some insurance providers do not list every possible discount in an easy-to-find place, so here is a list both well-publicized as well as some of the hidden credits that may apply to you. If you do not check that you are getting every discount you qualify for, you are not getting the best rate possible.

  • Switch and Save Discount – Some larger companies provide a discount for buying a new policy prior to your current policy expiring. You may see this discount when you get insurance coverage quotes online.
  • Defensive Driver Discount – Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • ABS Braking Discount – Cars with ABS braking systems or traction control are much safer to drive and the ABS can save up to 10%.
  • Low Miles Discount – Keeping the miles down on your Mercedes-Benz may allow you to get discounted premium rates on garaged vehicles.
  • Military Deployment Discount – Being deployed in the military could trigger a small discount.
  • Clubs and Organizations – Belonging to qualifying employment or professional organizations is a good way to get lower rates on your next auto insurance statement.

Discounts lower rates, but most credits do not apply to the overall cost of the policy. A few only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

Popular auto insurance companies and a partial list of their discounts can be read below.

  • Farmers Insurance has savings for good student, teen driver, switch companies, multi-car, homeowner, and business and professional.
  • State Farm includes discounts for defensive driving training, multiple autos, passive restraint, student away at school, accident-free, and Steer Clear safe driver discount.
  • Liberty Mutual may include discounts for multi-car, new graduate, preferred payment discount, teen driver discount, hybrid vehicle, good student, and newly married.
  • MetLife has discounts for good student, good driver, claim-free, accident-free, defensive driver, multi-policy
  • Progressive discounts include homeowner, multi-vehicle, good student, continuous coverage, and online quote discount.

If you are trying to find low cost insurance coverage quotes, ask all the companies to give you their best rates. Depending on the company, some discounts may not be available in your state. To see a list of providers that offer many of these discounts, follow this link.

Everyone needs different insurance coverages

When buying adequate coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

For instance, these questions could help you determine if your situation would benefit from an agent’s advice.

  • Does liability extend to a camper or trailer?
  • What is the difference between comprehensive and collision coverage?
  • How can I get my company to pay me more for my totalled car?
  • How high should my uninsured/underinsured coverage be in my state?
  • When can I cancel my policy?
  • Are there companies who specialize in insuring high-risk drivers?
  • Should I waive the damage coverage when renting a car?
  • What is the rate difference between pleasure use and commuting?
  • Should I have combined single limit or split liability limits?

If it’s difficult to answer those questions, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form.

Specific coverages for a Mercedes-Benz SL-Class

Learning about specific coverages of your policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Auto liability – Liability coverage protects you from damages or injuries you inflict on people or other property. It protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

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. Your policy might show policy limits of 25/50/25 that translate to a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability coverage protects against things like attorney fees, court costs and structural damage. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include hospital bills for your injuries and also any damage incurred to your Mercedes-Benz SL-Class.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Comprehensive auto coverage – Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like vandalism, damage from a tornado or hurricane and fire damage. The maximum amount 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 not worth carrying full coverage.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like EMT expenses, nursing services, funeral costs, pain medications and rehabilitation expenses. They can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Collision – Collision insurance covers damage to your SL-Class 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 insurance covers things like hitting a mailbox, rolling your car, scraping a guard rail, colliding with a tree and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. You can also choose a higher deductible to get cheaper collision coverage.

Shop smart and save

Insureds leave their current company for a variety of reasons including poor customer service, high rates after DUI convictions, denial of a claim or even questionable increases in premium. No matter why you want to switch, finding the right auto insurance provider is not as difficult as it may seem.

You just read many ideas to save on 2014 Mercedes-Benz SL-Class insurance. The most important thing to understand is the more times you quote, the better your chances of lowering your car insurance rates. You may even discover the lowest priced auto insurance comes from some of the lesser-known companies.

As you quote insurance coverage, it’s a bad idea to sacrifice coverage to reduce premiums. There have been many cases where an accident victim reduced liability coverage limits and found out when filing a claim that their decision to reduce coverage ended up costing them more. The goal is to find the BEST coverage at the lowest possible cost.

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