Cheap 1999 Mercedes-Benz SL-Class Insurance Rates

Are you tired of paying out the nose to pay your car insurance bill each month? You are no different than the majority of other car owners.

Lots of auto insurance companies contend for your hard-earned dollar, and it can be difficult to compare rates to get the lowest cost out there.

Comprehensive Auto Insurance Comparison

Most companies such as Allstate and Progressive allow you to get prices on the web. Getting online rates is fairly straightforward as you simply type in your required coverages into a form. After you submit the form the system automatically orders your driving record and credit report and provides a quote based on many factors. Online quotes helps simplify price comparisons, but the process of having to visit a lot of sites and type in the same information can be a bit repetitive. Unfortunately, it is important to compare as many rates as possible in order to get better auto insurance pricing.

Quote rates the easy way

A quicker way to find better auto insurance pricing makes use of a single form that gets price quotes from several different companies. The form is fast, eliminates form submissions, and makes price shopping online much more enjoyable. After sending your information, it gets priced and you can choose any of the resulting price quotes.

If the quotes result in lower rates, you can click and sign and purchase the new policy. The whole process just takes a couple of minutes and can result in significant savings.

In order to find out how much you can save on auto insurance, click here to open in new window and input your coverage information. If you currently have coverage, we recommend you complete the form with the coverage information identical to your current policy. This way, you’re receiving a rate comparison using the exact same coverages.

You probably qualify for some discounts

Insurance can cost an arm and a leg, but you may find discounts to help bring down the price. Some discounts apply automatically at the time you complete a quote, but some may not be applied and must be requested specifically in order for you to get them.

  • Discount for Good Grades – Getting good grades can earn a discount of 20% or more. The discount lasts up to age 25.
  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.
  • Drive Less and Save – Fewer annual miles on your Mercedes-Benz can earn better rates on cars that stay parked.
  • E-sign – A few companies will give a small break for buying your policy over the internet.
  • College Student – Youth drivers who live away from home and don’t have a car may be able to be covered for less.
  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills can save you 5% or more depending on where you live.

As a disclaimer on discounts, most discount credits are not given to your bottom line cost. The majority will only reduce specific coverage prices like comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, it doesn’t quite work that way. But any discount will cut the cost of coverage.

To see a list of companies who offer insurance coverage discounts, click here.

Mercedes-Benz SL-Class rates are complex

Smart consumers have a good feel for some of the elements that play a part in calculating the rates you pay for car insurance. When you know what positively or negatively impacts premium levels helps enable you to make changes that can help you get big savings.

  • Lower rates come with age – Older drivers are more cautious drivers, file fewer claims and are safer drivers. Teenage drivers have a tendency to get distracted easily behind the wheel and because of this, their car insurance rates are much higher.
  • You might want pay the small claims yourself – Auto insurance companies provide better rates to people who do not file claims often. If you tend to file frequent claims, you can pretty much guarantee either policy cancellation or increased premiums. Insurance coverage is intended to be relied upon for the large, substantial claims.
  • Higher deductibles cost less – Physical damage insurance, termed comprehensive and collision coverage on your policy, is used to repair damage to your Mercedes-Benz. A few examples of covered claims are colliding with a building, vandalism, and rolling your vehicle. Deductibles for physical damage are how much you are willing to pay before a claim is paid by your company. The more you have to pay, the less your company will charge you for insurance on SL-Class coverage.
  • Consolidate policies to earn discounts – The majority of companies will give a discount to insureds who buy several policies from them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. Even with this discount, you still need to shop around to make sure you are getting the best deal.
  • Don’t cancel a policy without a new one in place – Having an insurance coverage lapse will be a quick way to pay more for car insurance. And not only will your rates increase, failure to provide proof of insurance might get you a license revocation or jail time.You may have to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
  • Car features impact rates – Owning a car with anti-theft technology or alarm system can help bring down rates. Theft prevention features such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent car theft.
  • Having a spouse can save you money – Being married actually saves money on your policy. Having a significant other translates into being more mature and statistics show married drivers get in fewer accidents.
  • Liability insurance protects assets – The liability section of your policy provides coverage when you are found liable for personal injury or accident damage. It will provide for a legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to insuring for physical damage coverage, so do not cut corners here.

There’s no such thing as the perfect policy

When it comes to choosing adequate coverage, there isn’t really a one size fits all plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that might point out whether your personal situation could use an agent’s help.

  • Are my friends covered when driving my car?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Why is insurance for a teen driver so high?
  • Am I insured when driving a different vehicle?
  • Do I have newly-aquired coverage?
  • What is the rate difference between pleasure use and commuting?
  • Am I covered when using my vehicle for business?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Do drivers who switch really save $455 a year?

Allstate and Progressive constantly bombard you with television and radio advertisements. All the companies make the same claim that you’ll save big if you switch your policy. But how can every company make the same claim?

Insurance companies can use profiling for the right customer they prefer to insure. A good example of a driver they prefer could possibly be over the age of 40, a clean driving record, and drives less than 10,000 miles a year. A customer who matches those parameters receives the best rates and as a result will probably save when switching.

Potential customers who don’t qualify for this ideal profile will be charged higher prices which usually ends up with the customer not buying. The ads state “customers that switch” but not “drivers who get quotes” save that kind of money. This is how companies can truthfully claim big savings.

That is why you absolutely need to get quotes from several different companies. You cannot predict the company that will give you the biggest savings on Mercedes-Benz SL-Class insurance.

Insurance coverages 101

Understanding the coverages of insurance can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring. Below you’ll find the normal coverages offered by insurance companies.

Comprehensive coverage – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like a broken windshield, hail damage, falling objects and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for bills for ambulance fees, hospital visits, funeral costs and surgery. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants as well as getting struck while a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision coverage – Collision insurance will pay to fix damage to your SL-Class caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as colliding with another moving vehicle, driving through your garage door, colliding with a tree, hitting a mailbox and scraping a guard rail. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. You can also choose a higher deductible to bring the cost down.

Auto liability insurance – This protects you from damages or injuries you inflict on other people or property in an accident. It protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as pain and suffering, attorney fees and legal defense fees. The amount of liability coverage you purchase is a personal decision, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage – This provides protection when other motorists either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Mercedes-Benz SL-Class.

Because many people carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these limits do not exceed the liability coverage limits.

Save your hard earned cash

We just presented many ideas to save on 1999 Mercedes-Benz SL-Class insurance. It’s most important to understand that the more price quotes you have, the better chance you’ll have of finding lower rates. You may even find the lowest rates come from a lesser-known regional company. Regional companies can often insure niche markets at a lower cost than their larger competitors like State Farm, Geico and Nationwide.

When buying insurance coverage, don’t be tempted to sacrifice coverage to reduce premiums. Too many times, an insured dropped uninsured motorist or liability limits and found out when filing a claim that it was a big mistake. The ultimate goal is to buy the best coverage you can find at an affordable rate while still protecting your assets.

More detailed insurance information can be found at these sites: