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Mercedes-Benz 500-Class Insurance Rates

Shopping for auto insurance on the web is simple to do, in addition you will probably save money. The critical component is to compare rates from all providers so you can compare the lowest priced insurance.

Comparing auto insurance rates direct online can be complicated if you have never used online rate quotes. But relax because there is an easy way to compare rates. Getting better 500-Class insurance cost isn't really that difficult. Just take time comparing rates online with multiple companies. This is very easy and can be done by visiting this page.

Criteria which help determine car insurance premiums

Insurance rates paid to insure a Mercedes-Benz 500-Class will vary greatly subject to many criteria. A few of these criteria are:

  • Traffic citations increase rates
  • Your credit history
  • Your gender can raise or lower rates
  • Higher deductibles save money
  • NTSB crash rating for your vehicle
  • No claims lowers premiums
  • Maintaining coverage lowers rates
  • Owning a home can lower rates

One last important factor that will help determine the rate you pay on your Mercedes-Benz is the year of manufacture. A newer vehicle have a higher replacement value so the payout to repair will push premiums up. But newer models may have options including dual-stage airbags, a telematics system, and pedestrian detection so those may provide discounts that lower premiums.

To get more specific information about how rates are influenced for your specific model year, select the year of your vehicle from the following list.

Liability car insurance - 500-Class liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. Liability insurance covers claims such as funeral expenses, loss of income, and emergency aid. This coverage is usually fairly inexpensive so purchase as much as you can afford.

Collision coverage - Collision coverage pays for damage to your Mercedes-Benz from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive auto insurance - This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist coverage - This coverage gives you protection when the "other guys" do not carry enough liability coverage. Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Coverage for medical expenses - Med pay and PIP coverage reimburse you for bills for things like ambulance fees, surgery, and doctor visits. The coverages can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage.

How Much are Mercedes-Benz 500-Class Insurance Rates?