How Much Does 1991 Mercedes-Benz 500-Class Insurance Cost?

Want lower insurance coverage rates for your Mercedes-Benz 500-Class? Are you intimidated by the sheer number of insurance coverage company choices? You’re not the only one! Consumers have so many options available that it can be a lot of work to find lower rates.

If you currently have car insurance, you stand a good chance to be able to lower your premiums substantially using these tips. The purpose of this post is to familiarize you with how to get online quotes. But vehicle owners can benefit from knowing the way companies market on the web and take advantage of how the system works.

Insurance Prices Online

There are a variety of methods you can shop for 1991 Mercedes-Benz 500-Class insurance but there is one way that is less time-consuming than others. You can waste hours discussing policy coverages with insurance companies in your area, or you could use online quotes to get rates in a matter of minutes.

Many companies take part in a program that allows shoppers to complete one form, and at least one company can provide price quotes based on that data. This eliminates the need for repetitive form submissions to each company.

To use this form to compare 1991 Mercedes-Benz 500-Class insurance rates click to open in new window.

The only drawback to using this type of system is you don’t know exactly the providers you will receive quotes from. So if you want to choose individual companies to compare prices, we have a listing of the cheapest insurance companies in your area. View list of insurance companies.

Whichever method you choose, make sure you use exactly the same coverages for every quote you compare. If you compare different deductibles you can’t possibly determine the lowest rate for your Mercedes-Benz 500-Class. Just a small difference in limits could mean much higher rates. Keep in mind that more quotes provides better odds of finding lower pricing.

Save on Mercedes-Benz 500-Class insurance

Companies that sell car insurance do not advertise every available discount in a way that’s easy to find, so we took the time to find some of the more common and the harder-to-find savings tricks you should be using.

  • Homeowners Pay Less – Owning a house may earn you a small savings because owning a home is proof that your finances are in order.
  • Save with a New Car – Adding a new car to your policy can save up to 30% because new vehicles have to meet stringent safety requirements.
  • No Charge for an Accident – Some insurance companies will forgive one accident before your rates go up if your claims history is clear for a certain period of time.
  • Federal Government Employee – Being employed by or retired from a federal job could cut as much as 10% off for 500-Class insurance with a few insurance coverage companies.
  • Resident Student – Youth drivers who live away from home and do not have a car may be able to be covered for less.

Keep in mind that some credits don’t apply to all coverage premiums. The majority will only reduce the price of certain insurance coverages like comp or med pay. Just because you may think you can get free auto insurance, it just doesn’t work that way.

Companies who might offer these discounts include:

Before buying, ask each company which discounts they offer. Discounts might not be offered in every state.

Tailor your coverage to you

When buying coverage for your vehicles, there isn’t really a “best” method to buy coverage. Every situation is different.

These are some specific questions might help in determining if your insurance needs could use an agent’s help.

  • When should I not file a claim?
  • Am I covered if I hit my neighbor’s mailbox?
  • How can I get high-risk coverage after a DUI?
  • Is rental equipment covered for theft or damage?
  • Does liability extend to a camper or trailer?
  • Is my teenager covered with friends in the car?
  • Are my friends covered when driving my 1991 Mercedes-Benz 500-Class?
  • Do I have coverage when pulling a U-Haul trailer?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed agent. To find an agent in your area, simply complete this short form.

Specific coverages for a Mercedes-Benz 500-Class

Learning about specific coverages of your policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive protection

This coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like falling objects, damage from getting keyed, vandalism, damage from flooding and theft. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision coverage protection

This will pay to fix damage to your 500-Class from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision insurance covers things like crashing into a ditch, damaging your car on a curb, colliding with a tree and rolling your car. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.

Liability insurance

This can cover damage or injury you incur to other’s property or people that is your fault. It protects you from legal claims by others, and doesn’t 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 liability limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims like court costs, medical services, repair bills for other people’s vehicles and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for pain medications, nursing services, dental work, X-ray expenses and rehabilitation expenses. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 1991 Mercedes-Benz 500-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Compare but don’t skimp

When you buy insurance online, it’s not a good idea to skimp on critical coverages to save a buck or two. Too many times, an accident victim reduced physical damage coverage and discovered at claim time that the savings was not a smart move. Your focus should be to buy a smart amount of coverage at the best price, not the least amount of coverage.

We just showed you some good ideas how you can reduce 1991 Mercedes-Benz 500-Class insurance prices online. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. Consumers may even find the lowest rates come from the least-expected company.

The cheapest insurance can be found online and also from your neighborhood agents, and you should be comparing both so you have a total pricing picture. Some companies may not provide online quoting and usually these smaller companies provide coverage only through local independent agents.

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