2011 Mercedes-Benz M-Class Insurance Cost – 10 Savings Tips

Want the cheapest auto insurance rates for your Mercedes-Benz M-Class? Are you tired of not being able to afford to pay your car insurance bill each month? You are no different than many other drivers. There are many car insurance companies to pick from, and although it’s a good thing to have multiple companies, it can be more challenging to find a good deal.

Where Can I Get Cheap Insurance?

Performing a rate comparison can be exhausting if you aren’t aware of the most efficient way. You can waste a few hours (or days) talking to insurance companies in your area, or you can stay home and use the internet to maximize your effort.

Most car insurance companies take part in a program that allows shoppers to send in one quote, and each company then gives them pricing based on that information. This prevents consumers from doing form submissions for each company you want a rate for. To submit your quote information now, click to open in new window.

One minor caviat to doing it this way is you are unable to specify the insurers you will receive quotes from. So if you prefer to pick from a list of companies for rate comparison, we have a page of low cost insurance companies in your area. Click here to view list.

Whichever method you choose, make sure you use identical coverages with each company. If you use differing limits it will be very difficult to make a fair comparison for your Mercedes-Benz M-Class.

Save with discounts on 2011 Mercedes-Benz M-Class insurance

The price of auto insurance can be rather high, but there could be available discounts to help offset the cost. Certain discounts will be applied when you complete an application, but lesser-known reductions have to be inquired about before being credited. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Anti-theft System – Anti-theft and alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
  • Student in College – Youth drivers who are attending college without a vehicle on campus may be able to be covered for less.
  • Good Student – Performing well in school can be rewarded with saving of up to 25%. The discount lasts until age 25.
  • Accident Forgiveness – A few companies allow you one accident without raising rates if your claims history is clear for a certain period of time.
  • Organization Discounts – Affiliation with a qualifying organization is a good way to get lower rates on insurance on M-Class insurance.
  • New Car Discount – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • Sign Early and Save – Select companies give a discount for signing up prior to your current policy expiration. It can save you around 10%.
  • Seat Belts Save – Buckling up and requiring all passengers to buckle their seat belts could save 15% off the personal injury premium cost.
  • Student Driver Training – Cut your cost by having your teen driver complete a driver education course in high school.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you could save up to 5%.

It’s important to note that many deductions do not apply to the overall cost of the policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you would end up receiving a 100% discount, you’re out of luck. Any amount of discount will bring down your overall premium however.

Companies that may offer some of the above discounts are:

Check with every prospective company which discounts you may be entitled to. Discounts might not be offered in your state.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage for your vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions can help discover if you might need an agent’s assistance.

  • What is covered by UM/UIM coverage?
  • Can I rent a car in Mexico?
  • What is an SR-22 filing?
  • Will my insurance pay for OEM parts?
  • When should I drop full coverage on my 2011 Mercedes-Benz M-Class?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • At what point should I drop full coverage?

If you don’t know the answers to these questions, you may need to chat with an agent. To find lower rates from a local agent, fill out this quick form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

Parts of your insurance policy

Learning about specific coverages of a insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be ambiguous and reading a policy is terribly boring. These are the usual coverages offered by insurance companies.

Comprehensive protection

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a bird, hail damage and a tree branch falling on your vehicle. The highest amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision protection

This 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 insurance covers claims such as damaging your car on a curb, crashing into a building and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also choose a higher deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your 2011 Mercedes-Benz M-Class.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time these limits do not exceed the liability coverage limits.

Liability insurance

This coverage protects you from damage that occurs to people or other property that is your fault. Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like structural damage, repair bills for other people’s vehicles, repair costs for stationary objects and medical services. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for bills like prosthetic devices, hospital visits and dental work. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Final considerations

Cheap 2011 Mercedes-Benz M-Class insurance can be bought online in addition to many insurance agents, and you need to comparison shop both to have the best rate selection. Some insurance providers do not provide the ability to get a quote online and many times these regional insurance providers only sell through independent insurance agents.

As you go through the steps to switch your coverage, you should never sacrifice coverage to reduce premiums. In many cases, someone dropped comprehensive coverage or liability limits only to regret that it was a big error on their part. Your aim should be to get the best coverage possible at a price you can afford, not the least amount of coverage.

More tips and info about auto insurance is located by following these links: