Cheap 2002 Mercedes-Benz G-Class Insurance Cost

Searching for cheaper auto insurance rates for your Mercedes-Benz G-Class? There isn’t a single person who rejoices having to buy auto insurance, especially when they are aware that they could find better rates elsewhere. Big-name insurance companies like State Farm, GEICO and Farmers Insurance promote their brand names with fancy advertisements and it is challenging if not impossible to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s a good idea to compare premium rates yearly due to the fact that insurance prices are constantly changing. Just because you found the best deal on G-Class insurance a year ago you can probably find a lower rate today. Ignore everything you know about auto insurance because we’re going to demonstrate the best way to find the best coverage while lowering your premiums.

If you have a policy now or are looking for a new policy, you can use these tips to cut your premiums and still get good coverage. Finding the best rates is quite easy. Drivers only need to know the proper way to compare rates over the internet.

Smart consumers can cut their insurance rates

An important part of buying insurance is that you know the rating factors that are used to determine auto insurance rates. When consumers understand what impacts premium levels, this enables informed choices that will entitle you to cheaper rates. Many factors are used in the calculation when pricing auto insurance. Most are fairly basic like a motor vehicle report, but some are less obvious such as your marital status or your commute time.

  • Use but don’t abuse your insurance – If you are the type of insured that files lots of claims you shouldn’t be surprised to get higher premiums or even policy non-renewal. Companies generally give the best rates to insureds who file claims infrequently. Your car insurance is meant to be used in the event of the large, substantial claims.
  • Rural areas have lower rates – Having an address in less populated areas of the country may provide you with better prices when talking about auto insurance. Residents of big cities tend to have more road rage incidents and longer commute times. Fewer drivers on the road means a lower chance of having an accident and also fewer theft and vandalism claims.
  • Your car’s features help determine auto insurance rates – Owning a car with an alarm system can help lower your premiums. Theft prevention features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder car theft.
  • Women tend to take less risk – Statistics have proven that females take fewer risks when driving. That doesn’t necessarily mean that men are WORSE drivers than women. Men and women cause accidents at a similar rate, but the male of the species tend to have higher claims. Men also receive more major tickets like DWI (DUI) or reckless driving. Young men ages 16 to 20 are the most expensive to insure and thus pay the highest rates.
  • Why do you need liability insurance? – A critical coverage on your policy, liability insurance will provide protection in the event that a jury decides you are liable for an accident. It will provide you with a defense in court to attempt to prove you were not liable. Liability is cheap when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
  • Raise physical damage deductibles and save – The deductibles define how much you are willing to pay out-of-pocket if a claim is determined to be covered. Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of claims that would be covered are colliding with a stationary object, damage caused by hail, and damage caused by road hazards. The more of the claim the insured has to pay upfront, the lower your rates will be on G-Class insurance.
  • Cheaper rates by bundling – Most insurers apply discounts for people who carry more than one policy. It’s known as a multi-policy discount. Even if you qualify for this discount already, it’s in your best interest to check prices from other companies to confirm you are receiving the best rates possible. You may still save money by buying insurance from more than one company.
  • Improve your credit history and save – An insured’s credit score is likely to be a major factor in determining premium rates. People that have high credit ratings tend to file fewer claims than drivers with poor credit. If your credit rating leaves room for improvement, you may save money insuring your 2002 Mercedes-Benz G-Class if you clean up your credit.

Quote insurance online

Many insurance companies make it easy to get coverage prices from their websites. Getting online rates is possible for anyone as you simply type in your personal and coverage information as detailed in the form. When complete, the company’s rating system sends out for your driving and credit reports and generates pricing information determined by many factors. Quoting online makes it simple to compare prices but the work required to visit each company’s website and repetitively complete many quote forms can be a bit repetitive. But it’s also necessary to get many rate quotes if you want to get better insurance pricing.

An easier way to lower your rates requires only one form to obtain quotes from several companies at one time. It saves time, helps eliminate reptitive entry, and makes online quotes much simpler. Once the form is submitted, it gets priced with multiple companies and you can pick any or none of the quotes that you receive. If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase the new policy. This process takes just a few minutes to complete and may result in a nice savings.

If you want to find out what other companies charge, click here to open in new window and enter your information. If you currently have coverage, we recommend you enter coverages and limits exactly as they are listed on your policy. This ensures you will have a fair comparison based on similar coverages.

Insurance coverage savings promises

Drivers can’t avoid all the ads that claim the lowest premium rates from the likes of 21st Century, Allstate and State Farm. All the ads seem to make the promise about how much you will save just by switching your insurance coverage policy to them.

How do they all sell you cheaper insurance coverage? It’s all in the words they use.

All the different companies offer their best rates for the right customer that will add to their bottom line. One example of a desirable risk might be over the age of 40, has never had a policy lapse, and has a short commute. A driver that hits that “sweet spot” gets the lowest premium rates and will most likely save quite a bit of money when switching.

Consumers who don’t meet the ideal profile will see higher rates which leads to the driver buying from a lower-cost company. The ads state “people who switch” not “everybody who quotes” save that much money. That’s the way insurance companies can confidently state the savings. Each company has different criteria, so you need to get as many free auto insurance quotes as possible. You cannot predict which company will have the lowest rate quotes.

Take advantage of every insurance discount

Car insurance is not cheap, but companies offer discounts that can drop the cost substantially. Most are applied when you get a quote, but a few must be requested specifically in order for you to get them. If you are not receiving all the discounts you deserve, you could be getting lower rates.

  • Bundled Policy Discount – When you combine your auto and homeowners insurance with one insurance company you will save up to 20% off your total premium.
  • Sign Online – Many companies will provide an incentive for signing up over the internet.
  • Discount for Life Insurance – Not all insurance carriers offer life insurance, but some may give you lower prices if you buy a life policy as well.
  • Discounts for Federal Employees – Simply working for the federal government could cut as much as 10% off on G-Class insurance with a few insurance companies.
  • Senior Citizen Discount – If you’re over the age of 55, you could receive a small decrease in premiums on G-Class insurance.
  • Air Bags and Passive Restraints – Factory air bags and/or automatic seat belt systems can get savings up to 30%.
  • Theft Deterent – Cars and trucks equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as physical damage coverage or medical payments. Even though the math looks like having all the discounts means you get insurance for free, companies don’t profit that way.

Companies and some of their more popular discounts are included below.

  • Progressive may offer discounts for multi-vehicle, good student, online signing, multi-policy, and homeowner.
  • MetLife offers discounts for good driver, multi-policy, accident-free, claim-free, defensive driver, good student
  • Mercury Insurance has savings for anti-theft, multi-car, good student, low natural disaster claims, and type of vehicle.
  • Nationwide offers discounts including Farm Bureau membership, multi-policy, anti-theft, business or organization, and good student.
  • GEICO may have discounts that include driver training, multi-vehicle, membership and employees, federal employee, and emergency military deployment.
  • AAA has discounts for education and occupation, anti-theft, good student, multi-policy, AAA membership discount, and pay-in-full.

When comparing rates, check with every insurance company which discounts you may be entitled to. Some discounts might not be available to policyholders in your state. If you would like to choose from a list of insurers that provide some of the discounts listed above, click here to view.

How to know if you need help

When it comes to buying coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that could help you determine whether you will benefit from professional help.

  • Does my medical payments coverage pay my health insurance deductible?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered when delivering products for my home-based business?
  • If my 2002 Mercedes-Benz G-Class is totaled, can I afford another vehicle?
  • Should I have a commercial auto policy?
  • Is there coverage for injuries to my pets?
  • Are there companies who specialize in insuring high-risk drivers?
  • How many claims can I have before being cancelled?
  • Can I rent a car in Mexico?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.

Detailed coverages of your auto insurance policy

Learning about specific coverages of auto insurance aids in choosing the right coverages for your vehicles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Listed below are typical coverage types found on the average auto insurance policy.

Comprehensive protection – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as falling objects, damage from a tornado or hurricane and a broken windshield. The most your auto 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.

Medical expense coverage – Med pay and PIP coverage provide coverage for immediate expenses like hospital visits, surgery, dental work, pain medications and rehabilitation expenses. They are often used in conjunction with a health insurance program or if there is no health insurance coverage. It covers all vehicle occupants as well as if you are hit as a while walking down the street. PIP coverage is not universally available and may carry a deductible

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2002 Mercedes-Benz G-Class.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage should not be overlooked.

Auto liability – Liability insurance provides protection from damages or injuries you inflict on other people or property by causing an accident. This coverage protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability insurance covers claims like emergency aid, court costs, repair costs for stationary objects and loss of income. How much coverage you buy is your choice, but buy as high a limit as you can afford.

Collision coverages – This will pay to fix damage to your G-Class resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as crashing into a building, sideswiping another vehicle, colliding with another moving vehicle and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Buy online or local, you save

We just presented many ways to shop for 2002 Mercedes-Benz G-Class insurance online. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your car insurance rates. You may be surprised to find that the lowest rates are with some of the smallest insurance companies. Some small companies often have lower car insurance rates on specific markets than the large multi-state companies such as GEICO and State Farm.

When trying to cut insurance costs, you should never buy less coverage just to save a little money. In too many instances, someone sacrificed physical damage coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The goal is to find the BEST coverage at the best price, but do not skimp to save money.

More detailed insurance information can be found by following these links: