Paying for expensive Mercedes-Benz G-Class insurance can dry up your budget and force you to prioritize other expenses. Doing a price comparison is a great way to lower your monthly bill.
Companies like GEICO, 21st Century and Progressive continually bombard you with ads and it is difficult to see through the cute green geckos and mayhem and take the time to shop coverage around.
Performing a rate comparison can take time and effort if you don’t know the easiest way. You can waste hours driving to insurance companies in your area, or you can stay home and use online quotes to get rates in a matter of minutes.
Most of the best insurance companies belong to an insurance system where prospective buyers only type in their quote data once, and at least one company then returns a price quote based on that data. This saves time by eliminating form submissions for each company.
To find out how much you can save on auto insurance click here (opens in new window).
The only drawback to comparing rates this way is that consumers can’t choose which providers you want to price. If you wish to select specific providers for rate comparison, we have assembled a list of the cheapest auto insurance companies in your area. View list of insurance companies.
It’s your choice how you get your quotes, but do your best to enter the exact same information on every price quote you get. If each company quotes different limits and deductibles on each one it will be nearly impossible to truly determine the lowest rate.
Companies offering auto insurance don’t always publicize all available discounts very clearly, so here is a list some of the more common and also the lesser-known credits available to bring down your rates.
You can save money using discounts, but most discount credits are not given to all coverage premiums. Most only apply to specific coverage prices like physical damage coverage or medical payments. So even though you would think you would end up receiving a 100% discount, nobody gets a free ride. But any discount will cut your policy cost.
A few popular companies and the discounts they provide are outlined below.
If you want inexpensive insurance quotes, ask every prospective company what discounts are available to you. Some of the discounts discussed earlier may not be offered in every state. To view insurers that offer many of these discounts, click here to view.
When it comes to choosing adequate coverage, there really is not a “perfect” insurance plan. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that can help discover whether you might need professional guidance.
If you don’t know the answers to these questions, you may need to chat with an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and may give you better protection.
Many things are used when pricing auto insurance. Some are obvious such as your driving history, but other factors are less apparent like where you live or your commute time.When buying insurance coverage it’s important to understand the different types of things that play a part in calculating your premiums. If you know what determines base rates, this allows you to make educated decisions that can help you get lower insurance coverage prices.
Consumers get pounded daily by advertisements that promise big savings by companies like Progressive, Allstate and GEICO. All the companies make an identical promise that people will save if you change your insurance policy to them.
How is it plausible that every one can lower your rates?
Insurance providers have underwriting criteria for the type of driver that makes them money. A good example of this type of insured might have to be between 25 and 40, has never had a policy lapse, and drives newer vehicles. A customer who fits those characteristics gets the lowest prices and therefore will pay quite a bit less when switching companies.
People who are not a match for the ideal profile will be quoted higher premiums and the prospect going elsewhere. If you listen to the ad wording, they say “people that switch” not “everybody who quotes” will save that much if they switch. This is how insurance companies can make claims like that.
Because of these techniques, you really need to get price quotes at each policy renewal. Because you never know which company will give you lower prices than your current company.
Learning about specific coverages of your auto insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. These are the normal coverages found on most auto insurance policies.
Collision insurance
Collision insurance pays for damage to your G-Class caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for claims such as rolling your car, scraping a guard rail and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.
Liability insurance
This coverage will cover damage that occurs to other’s property or people by causing an accident. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see a combined single limit or CSL which limits claims to one amount without having the split limit caps.
Liability coverage pays for claims like funeral expenses, medical expenses, attorney fees, bail bonds and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.
Uninsured and underinsured coverage
This coverage gives you protection when other motorists either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 2014 Mercedes-Benz G-Class.
Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Frequently the UM/UIM limits are identical to your policy’s liability coverage.
Comprehensive coverages
This covers damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for things such as hitting a bird, theft and rock chips in glass. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.
Coverage for medical payments
Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses such as funeral costs, doctor visits, ambulance fees and dental work. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage
Low-cost 2014 Mercedes-Benz G-Class insurance is possible online and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies do not provide online quoting and these smaller companies work with independent agencies.
As you shop your coverage around, you should never sacrifice coverage to reduce premiums. Too many times, an accident victim reduced collision coverage to discover at claim time that the savings was not a smart move. The goal is to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.
Additional insurance coverage information can be found at these links: