Compare 2001 Mercedes-Benz SL-Class Insurance Cost

Want cheaper insurance coverage rates for your Mercedes-Benz SL-Class? Nobody I know likes paying for insurance coverage, particularly when they are paying too much. Companies like Geico and Progressive promote their brand names with fancy advertisements and it is challenging if not impossible to sift through the bull and do the work needed to find the best deal.

Consumers need to check insurance coverage prices on a regular basis due to the fact that insurance rates change quite often. Just because you had the best price on SL-Class coverage a few years ago you can probably find a better price now. Starting now, forget anything you know (or think you know) about insurance coverage because I’m going to teach you the best way to find better rates and still maintain coverage.

The most recommended method to compare insurance rates in your area is to understand most of the larger companies participate in online systems to provide you with free rate quotes. All you need to do is give them some information such as whether your vehicle is owned or leased, if your license is active, how you use your vehicles, and if you require a SR-22. That information gets transmitted to multiple top-rated companies and you receive quotes with very little delay.

Cut your insurance coverage rates with discounts

Car insurance companies don’t list every available discount in a way that’s easy to find, so we took the time to find some of the more common and also the lesser-known discounts you could be receiving. If you aren’t receiving every discount you qualify for, you are throwing money away.

  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you will save up to 20% off your total premium.
  • Driver Safety – Completing a course teaching defensive driving skills could cut 5% off your bill and easily recoup the cost of the course.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
  • Life Insurance Discount – Select insurance companies reward you with a break if you buy life insurance.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class in school.
  • Early Switch Discount – Some insurance companies reward drivers for buying a policy before your current policy expires. It’s a savings of about 10%.
  • Senior Discount – If you qualify as a senior citizen, you may qualify for a discount up to 10% on SL-Class coverage.
  • Pay Upfront and Save – If you pay your bill all at once instead of paying each month you can actually save on your bill.

Consumers should know that some of the credits will not apply to the entire cost. Most cut the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears you could get a free insurance coverage policy, you’re out of luck.

To see a list of providers with the best insurance coverage discounts, follow this link.

You are unique and your car insurance should be too

When it comes to choosing adequate coverage, there really is not a single plan that fits everyone. Every insured’s situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help you determine whether your personal situation might need an agent’s assistance.

  • Is a new car covered when I drive it off the dealer lot?
  • What is PIP insurance?
  • What is the difference between comprehensive and collision coverage?
  • Does my policy pay for OEM or aftermarket parts?
  • Are my friends covered when driving my car?
  • Why does it cost so much to insure a teen driver?
  • Can I make deliveries for my home business?

If you don’t know the answers to these questions, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

Educate yourself about auto insurance coverages

Learning about specific coverages of a auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and nobody wants to actually read their policy. Shown next are the usual coverages offered by auto insurance companies.

Collision insurance

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as sideswiping another vehicle, hitting a parking meter, scraping a guard rail, driving through your garage door and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive protection

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as hail damage, damage from flooding, a tree branch falling on your vehicle, vandalism and hitting a deer. The maximum amount your auto insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Mercedes-Benz SL-Class.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.

Liability auto insurance

Liability insurance provides protection from damage or injury you incur to other people or property that is your fault. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for claims like repair costs for stationary objects, bail bonds, structural damage, legal defense fees and funeral expenses. How much coverage you buy is a personal decision, but buy as large an amount as possible.

Medical expense coverage

Med pay and PIP coverage reimburse you for expenses for things like surgery, funeral costs and ambulance fees. They are utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage