Save on 1996 Mercedes-Benz SL-Class Insurance Quotes

Shopping for affordable auto insurance on the web can be challenging for consumers new to shopping for insurance online. With dozens of choices, how can consumers possibly compare them all to find the lowest price?

How to Compare Insurance Quotes

Most companies like Progressive, Geico, Allstate and State Farm quote prices for coverage directly from their websites. The process is quite easy as you just type in the coverages you want as requested by the quote form. When the form is submitted, their system sends out for reports for credit and driving violations and generates pricing information.

Being able to quote online makes it a lot easier to compare rates but the work required to visit multiple sites and complete many quote forms is repetitive and time-consuming. But it’s very important to have as many quotes as possible in order to find the lowest possible prices on insurance.

Rate comparisons made easy

An easier way to locate the lowest prices uses one simple form to get prices from many companies. The form is fast, eliminates form submissions, and makes price shopping online much easier. Once the form is submitted, your coverage is rated with multiple companies and you can pick any one of the price quotes you receive.

If the quotes result in lower rates, you can click and sign and buy the policy. The entire process only takes a few minutes and can result in significant savings.

To quickly find out what other companies charge, click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you type in your coverages exactly as shown on your declarations page. Doing this guarantees you will receive rate comparison quotes based on identical coverages.

Discounts can save BIG

The cost of insuring your cars can be expensive, but discounts can save money and there are some available that many people don’t even know exist. Some trigger automatically at the time of quoting, but a few must be manually applied prior to getting the savings.

  • Multiple Policy Discount – When you have multiple policies with the same insurance company you may save at least 10% off all policies.
  • Pay Upfront and Save – If paying your policy premium upfront instead of making monthly payments you could save 5% or more.
  • Drive Safe and Save – Insureds without accidents may receive a discount up to 45% less for SL-Class insurance than drivers with accidents.
  • New Vehicle Savings – Putting insurance coverage on a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Multiple Cars – Insuring all your vehicles on the same auto insurance policy can get a discount on all vehicles.
  • Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
  • Accident Waiver – Certain companies will allow you to have one accident without raising rates as long as you don’t have any claims prior to the accident.
  • Driver Safety – Successfully completing a driver safety course could save 5% or more depending on where you live.

It’s important to understand that some of the credits will not apply to the overall cost of the policy. Some only apply to the price of certain insurance coverages like medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will bring down your premiums.

To see a list of companies offering auto insurance discounts, click here.

Will just any policy work for me?

When choosing adequate coverage for your personal vehicles, there really is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

For example, these questions may help you determine if your situation may require specific advice.

  • If my 1996 Mercedes-Benz SL-Class is totaled, can I afford another vehicle?
  • Which companies will insure high-risk drivers?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Do I need special endorsements for business use of my vehicle?
  • Does my personal policy cover me when driving out-of-state?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form.

Factors determining your Mercedes-Benz SL-Class insurance premium

An important part of buying insurance is that you know the different types of things that go into determining car insurance rates. Understanding what impacts premium levels enables informed choices that can help you get much lower annual insurance costs.

  • Better crash test results mean better rates – Vehicles with high crash test scores tend to have better insurance rates. The safest vehicles result in less severe injuries and fewer injuries translates into savings for insurance companies passed on to you as lower rates. If your Mercedes-Benz has ratings of a minimum four stars on or an “acceptable” rating on you are probably receiving a discount.
  • Pay less after the wedding – Having a spouse helps lower the price on car insurance. Marriage is viewed as being more mature than a single person and it’s proven that married drivers get in fewer accidents.
  • Car features impact rates – Owning a car with a theft deterrent system can help lower your rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent auto theft.
  • Frequent car insurance claims increase rates – If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Insurance companies provide discounts to policyholders who file claims infrequently. Auto insurance is intended for major claims that would cause financial hardship.
  • Don’t sacrifice liability coverage – Liability coverage is the coverage that protects you if ever you are found to be at fault for damages from an accident. It will provide for a legal defense which can be incredibly expensive. This coverage is very inexpensive when compared with rates for comp and collision, so buy as much as you can afford.

Insurance coverages and their meanings

Understanding the coverages of your insurance policy can help you determine the best coverages at the best deductibles and correct limits. Insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

Liability insurance – This coverage protects you from damage or injury you incur to people or other property that is your fault. It protects YOU against claims from other people, and does not provide coverage for 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 commonly see values of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like bail bonds, funeral expenses and medical services. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Comprehensive coverage (or Other than Collision) – This will pay to fix 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 claims like hail damage, falling objects, damage from a tornado or hurricane, theft and hitting a deer. The maximum amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses such as chiropractic care, prosthetic devices, pain medications, hospital visits and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – This protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages should not be overlooked. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Collision coverage – Collision insurance covers damage to your SL-Class from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as backing into a parked car, sideswiping another vehicle and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

A tidy conclusion

We just presented many ideas to shop for 1996 Mercedes-Benz SL-Class insurance online. The most important thing to understand is the more you quote, the better your chances of lowering your rates. You may even find the lowest rates come from the smaller companies.

Cost effective insurance is available both online in addition to many insurance agents, so you should be comparing quotes from both to have the best selection. Some insurance companies do not provide you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Insureds leave their current company for many reasons like policy non-renewal, poor customer service, unfair underwriting practices and even being labeled a high risk driver. Whatever your reason, choosing a new insurance company can be easy and end up saving you some money.

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