Compare 2014 Mercedes-Benz GL-Class Car Insurance Rates

Trying to find better auto insurance rates for your Mercedes-Benz GL-Class? Paying for overpriced Mercedes-Benz GL-Class insurance can stress out your checking account and possibly require postponing other expenditures. Comparison shopping is an excellent way to make ends meet.

People have so many auto insurance companies to pick from, and even though it’s nice to have multiple companies, lots of choices makes it harder to compare rates and find the lowest cost auto insurance.

You should take the time to shop coverage around before your next renewal because auto insurance prices trend upward over time. Despite the fact that you may have had the best deal for GL-Class insurance last year there may be better deals available now. You’ll find a ton of advice on auto insurance online, but in a few minutes you can learn some great ways to lower your auto insurance rates.

Buying car insurance is not that difficult. If you currently have a car insurance policy, you will be able to lower your premiums substantially using these tips. But car owners must understand how companies sell insurance online.

Cheap car insurance quotes

There are several ways to compare car insurance quotes, but there is one way that is easier and takes less work. You could spend the better part of a day talking about coverages with insurance companies in your area, or you can utilize online quotes to achieve your goal.

Many companies belong to an insurance system where insurance shoppers enter their policy data once, and each participating company returns a competitive quote determined by their information. This prevents consumers from doing quote requests for each company you want a rate for.

To participate in this free quote system, click here to start a free quote.

One minor caviat to using this type of system is that you can’t choose the companies to get pricing from. If you would rather choose individual companies to receive pricing from, we put together a list of the cheapest car insurance companies in your area. Click to view list.

Whichever way you choose to compare rates, compare equivalent information for each comparison quote. If the quotes have different deductibles it’s impossible to determine the best price for your Mercedes-Benz GL-Class. Just slight variations in insurance coverages or limits could throw off the whole comparison. Just remember that more quotes helps you find the best rates.

Switch companies and save? Really?

Car insurance providers like Allstate, GEICO and Progressive continually stream ads in print and on television. All the ads convey the message that drivers will save a bundle if you switch your coverage. But how can every company cost less than your current company? Here is the trick they use.

Insurance companies have an ideal profile for a prospective insured that will add to their bottom line. For instance, a profitable risk profile should be between 25 and 40, has a low-risk occupation, and has a high credit rating. A driver that meets those criteria will get the preferred auto insurance rates and have a good chance to save when switching.

Drivers who don’t qualify for these stringent criteria may receive a higher premium which results in the driver buying from a lower-cost company. Company advertisements say “drivers that switch” not “everybody who quotes” save money. That’s the way insurance companies can make those statements. This really drives home the point why drivers must compare many company’s rates. It’s just too difficult to predict the company that will have the lowest rates.

Save a ton by applying discounts

The cost of insuring your cars can be expensive, but companies offer discounts that you may not even be aware of. Most are applied at quote time, but a few need to be requested specifically before being credited.

  • Save over 55 – Older drivers can possibly qualify for a discount up to 10% for GL-Class insurance.
  • College Student – Kids who are attending college without a vehicle on campus could qualify for this discount.
  • New Vehicle Savings – Putting insurance coverage on a new car can save up to 30% because new vehicles keep occupants safer.
  • Pay Early and Save – By paying your entire bill at once as opposed to paying monthly you can avoid monthly service charges.
  • Active Military Service – Having a deployed family member could mean lower insurance coverage rates.
  • Driving Data Discount – Drivers that enable data collection to track driving manner by using a telematics device like Drivewise from Allstate or In-Drive from State Farm might get better premium rates if they have good driving habits.
  • Discount for Swiching Early – Some larger companies give discounts for switching to them early. It could save around 10% when you buy insurance coverage online.
  • Accident-Free Discounts – Claim-free drivers pay much less when compared to frequent claim filers.
  • ABS and Traction Control Discounts – Cars and trucks that have steering control and anti-lock brakes can avoid accidents so you can save 10 percent or more.
  • Discount for Life Insurance – Larger insurance coverage companies have better prices if you take out life insurance from them.

Discounts reduce rates, but you should keep in mind that some of the credits will not apply to your bottom line cost. Most only apply to the price of certain insurance coverages like comp or med pay. Just because it seems like all the discounts add up to a free policy, it’s just not the way it works.

A list of insurance coverage companies and some of their more popular discounts are included below.

  • GEICO has discounts for driver training, military active duty, seat belt use, federal employee, multi-policy, anti-theft, and emergency military deployment.
  • Travelers offers premium reductions for home ownership, multi-car, payment discounts, continuous insurance, new car, hybrid/electric vehicle, and driver training.
  • Farm Bureau offers discounts including renewal discount, multi-policy, good student, safe driver, driver training, and multi-vehicle.
  • Liberty Mutual includes discounts for multi-policy, newly retired, multi-car, hybrid vehicle, and good student.
  • American Family may have discounts that include TimeAway discount, defensive driver, good student, multi-vehicle, air bags, early bird, and accident-free.
  • Progressive may include discounts for multi-vehicle, homeowner, multi-policy, continuous coverage, and online quote discount.

Before you buy a policy, ask every insurance company to apply every possible discount. A few discounts might not be available to policyholders in your area.

Your insurance coverage coverage should be tailored to you

When it comes to choosing coverage, there really is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that may help you determine whether or not you would benefit from professional advice.

  • Can I pay claims out-of-pocket if I buy high deductibles?
  • Am I covered if I wreck a rental car?
  • Am I covered when using my vehicle for business?
  • Do I need roadside assistance coverage?
  • Where can I get insurance after a DUI in my state?
  • Do I have coverage when pulling a U-Haul trailer?
  • How high should my uninsured/underinsured coverage be in my state?
  • Why do I need rental car insurance?
  • Which companies will insure high-risk drivers?
  • Is business equipment covered while in my vehicle?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverage considerations

Understanding the coverages of insurance helps when choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are the usual coverages available from insurance companies.

Collision coverage protection

Collision coverage covers damage to your GL-Class resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims such as rolling your car, driving through your garage door, backing into a parked car and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like theft, falling objects, hail damage and hitting a bird. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like EMT expenses, X-ray expenses, pain medications and dental work. They are often used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

UM/UIM 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 injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz GL-Class.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Liability

Liability coverage provides protection from damage or injury you incur to a person or their property in an accident. This insurance protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as repair costs for stationary objects, loss of income and bail bonds. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Best coverage at the best price

When buying insurance coverage, never buy poor coverage just to save money. In many instances, an insured dropped comprehensive coverage or liability limits to discover at claim time that it was a big mistake. Your aim should be to buy a smart amount of coverage at a price you can afford but still have enough coverage for asset protection.

We just showed you a lot of ways to save on 2014 Mercedes-Benz GL-Class insurance. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the biggest savings come from the least-expected company. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as State Farm and Allstate.

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