Lower Your 2007 Mercedes-Benz SL-Class Insurance Rates

Expensive car insurance can empty your bank account and make it hard to pay other bills. Comparison shopping is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket. With consumers having so many car insurance companies to choose from, it’s difficult to find the best provider.

You should make it a habit to compare rates on a regular basis since insurance rates are rarely the same from one policy term to another. Despite the fact that you may have had the lowest price for SL-Class insurance a couple years back the chances are good that you can find a lower rate today. Forget all the misinformation about car insurance because we’re going to demonstrate the tricks you need to know to buy cheaper car insurance.

Comprehensive Insurance Comparison Quotes

There are a lot of ways to compare insurance prices and some are more efficient than others. You could waste time discussing policy coverages with local insurance agents in your area, or you can utilize the web to get pricing more quickly.

All the larger companies belong to an insurance system that enables customers to send in one quote, and each company provides a quote based on the submitted data. This saves time by eliminating form submissions to each company.

To fill out one form to compare multiple rates now click here to open in new window.

The one downside to getting quotes like this is you can’t choose which providers you will receive quotes from. So if you prefer to choose from a list of companies to receive pricing from, we have a page of the cheapest insurance companies in your area. Click here to view list.

It’s up to you which method you use, but ensure you’re using apples-to-apples quote information with every price quote. If each company quotes different deductibles it will be very difficult to determine which rate is truly the best.

What coverages do I need?

When buying adequate coverage for your personal vehicles, there really is not a perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For example, these questions might help in determining if your insurance needs would benefit from an agent’s advice.

• Does my liability insurance cover pulling a trailer or camper?
• Can I rate high risk drivers on liability-only vehicles?
• Will my insurance pay for OEM parts?
• Do all my vehicles need collision coverage?
• How do I buy GAP insurance?
• Is my Mercedes-Benz SL-Class covered if I use it for business?

If you don’t know the answers to these questions, you might consider talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of insurance companies in your area. It’s fast, free and may give you better protection.

Car insurance coverage breakdown

Having a good grasp of car insurance helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most car insurance policies.

Comprehensive or Other Than Collision – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like vandalism, hitting a bird, theft and hail damage. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical costs insurance – Med pay and PIP coverage pay for bills for pain medications, hospital visits and dental work. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants as well as if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability car insurance – Liability coverage protects you from damages or injuries you inflict on other people or property that is your fault. It protects you against claims from other people. 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. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things such as bail bonds, legal defense fees, funeral expenses, medical expenses and loss of income. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

UM/UIM Coverage – This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2007 Mercedes-Benz SL-Class.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Collision coverages – This coverage pays for damage to your SL-Class caused by collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as backing into a parked car, crashing into a building, colliding with a tree, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.