2015 Mercedes-Benz SL-Class Insurance Rates – 5 Tricks for Cheaper Quotes

Trying to find lower car insurance rates for your Mercedes-Benz SL-Class? When shopping for lower-cost insurance, are you frustrated by the sheer number of car insurance sources that you can choose from? Lot’s of other drivers are too. People have such a vast assortment of sources available that it can easily turn into a difficult mission to find better rates.

You should take the time to check car insurance prices every six months because prices change frequently. Despite the fact that you may have had the best quotes for SL-Class coverage a few years ago other companies may now be cheaper. You’ll find a ton of advice on car insurance online, but you can learn some excellent ideas to buy car insurance cheaper.

Affordable auto insurance rates with discounts

Some insurance providers don’t list every possible discount in an easy-to-find place, so the next list breaks down both the well known and also the lesser-known savings tricks you should be using when you buy car insurance online.

  • Discounts for Government Workers – Being employed by or retired from a federal job could qualify for a slight premium decrease for SL-Class coverage with certain companies.
  • Good Grades Discount – This discount can get you a discount of up to 25%. You can use this discount normally up to age 25.
  • Membership in Organizations – Being in a qualifying organization could trigger savings on your bill.
  • Life Insurance Discount – Some insurance carriers give a break if you buy life insurance from them.
  • Policy Bundle Discount – When you have multiple policies with one company they may give you a discount of up to 20% off your total premium.

While discounts sound great, it’s important to understand that most discounts do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as medical payments or collision. So even though you would think you would end up receiving a 100% discount, it doesn’t quite work that way.

A list of auto insurance companies and their possible discounts are detailed below.

  • Mercury Insurance offers discounts for anti-theft, location of vehicle, multi-car, good driver, type of vehicle, professional/association, and good student.
  • Farmers Insurance has savings for business and professional, youthful driver, alternative fuel, distant student, early shopping, and homeowner.
  • Farm Bureau has discounts for 55 and retired, renewal discount, youthful driver, good student, and safe driver.
  • State Farm discounts include passive restraint, defensive driving training, multiple autos, good driver, safe vehicle, and Steer Clear safe driver discount.
  • Allstate may have discounts that include safe driver, good payer, multi-policy, EZ pay plan discount, and defensive driver.
  • GEICO offers premium reductions for multi-policy, anti-theft, air bags, emergency military deployment, daytime running lights, good student, and military active duty.

When getting a coverage quote, ask each company to apply every possible discount. A few discounts might not apply in your state. To see a list of companies who offer auto insurance discounts, click this link.

Which insurance coverage is cheapest?

There are a variety of methods to compare insurance coverage quotes, but one way is easier and takes less work. You could waste a few hours discussing policy coverages with insurance companies in your area, or you can utilize online quoting to achieve your goal.

The majority of car insurance companies belong to an insurance system that allows shoppers to complete one form, and each company can give them a price based on that data. This system prevents you from having to do quotation requests for each company.

To use this form to compare rates click to open in new window.

The one downside to getting quotes like this is you cannot specify the companies to receive prices from. If you prefer to choose specific providers to compare rates, we have a page of low cost insurance coverage companies in your area. View list of insurance companies.

Compare rates however you want, just make absolute certain that you use nearly identical coverages and limits for each quote you get. If the quotes have different coverage information it will be very difficult to determine the best price for your Mercedes-Benz SL-Class. Even a minor difference in insurance coverages or limits may cause a big price difference. And when quoting insurance coverage, remember that comparing more quotes will enable you to find more affordable insurance. Some insurance companies are not set up to provide online price quotes, so you need to compare price estimates from the smaller companies as well.

Tailor your insurance coverage to you

When choosing proper insurance coverage, there really is no one size fits all plan. Everyone’s situation is a little different.

Here are some questions about coverages that could help you determine whether you will benefit from professional help.

  • Does medical payments coverage apply to all occupants?
  • Is business property covered if stolen from my car?
  • Am I covered when driving someone else’s vehicle?
  • Does my liability insurance cover pulling a trailer or camper?
  • Does insurance cover damages from a DUI accident?
  • Is my ex-spouse still covered by my policy?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Will you really save $405 on car insurance?

Respected companies like GEICO, State Farm and Progressive regularly use ads on television and other media. They all seem to have a common claim of big savings if you change your policy. How does every car insurance company give you a lower rate?

Insurance providers have specific characteristics for the right customer that will add to their bottom line. For example, a profitable risk profile could possibly be married and over the age of 30, has a clean driving record, and has a short commute. Any new insured that matches those criteria will probably get cheap prices and will also save a lot of money.

Consumers who are not a match for these criteria will have to pay a higher rate and ends up with business not being written. The ad wording is “drivers that switch” but not “all drivers who get quotes” save that much money. That is how insurance companies can make claims like that. Because every company is different, you really should get as many free car insurance quotes as possible. Because without a comparison, you cannot know which company will give you lower rates than your current company.

Insurance specifics

Having a good grasp of a insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Liability car insurance

This coverage provides protection from damage that occurs to a person or their property in an accident. It protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

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. You might see values of 100/300/100 which means $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability coverage pays for claims like repair costs for stationary objects, structural damage, attorney fees, bail bonds and medical services. How much coverage you buy is a personal decision, but consider buying as large an amount as possible.

Comprehensive coverages

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, fire damage, theft, hitting a bird and hail damage. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for expenses such as EMT expenses, nursing services, hospital visits, chiropractic care and surgery. They are used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a building, sustaining damage from a pot hole and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. Drivers also have the option to bump up the deductible to bring the cost down.

Uninsured and underinsured coverage

This provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Mercedes-Benz SL-Class.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Make a quick buck

Budget-conscious 2015 Mercedes-Benz SL-Class insurance is definitely available on the web as well as from independent agents, and you should be comparing both to get a complete price analysis. Some auto insurance companies don’t offer rates over the internet and usually these small insurance companies work with independent agencies.

As you prepare to switch companies, it’s a bad idea to reduce coverage to reduce premium. There are many occasions where an insured dropped liability coverage limits only to discover later that it was a big mistake. Your goal should be to get the best coverage possible at an affordable rate, but do not skimp to save money.

Throughout this article, we presented some good ideas how you can get a better price on 2015 Mercedes-Benz SL-Class insurance. The key concept to understand is the more you quote car insurance, the higher your chance of finding cheap car insurance. You may even find the best prices are with the smaller companies.

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