2004 Mercedes-Benz SL-Class Insurance Rates – 7 Savings Tips

Trying to find better car insurance rates for your Mercedes-Benz SL-Class? Shopping for the lowest cost car insurance on the internet can seem to be difficult for people who are new to comparison shopping online. Since there are so many online companies available, how can you possibly compare them all to find the cheapest available price?

Consumers need to shop coverage around quite often because prices trend upward over time. Just because you found the best price on SL-Class coverage six months ago there may be better deals available now. So just forget anything you know (or think you know) about car insurance because you’re going to get a crash course in the right way to save on car insurance.

Where Can I Get Cheap Auto Insurance?

The are a couple different ways of comparing price quotes from auto insurance companies in your area. The best way to find competitive 2004 Mercedes-Benz SL-Class insurance rates is simply to get online rate quotes. This can be done in just a few minutes using one of these methods.

One of the best ways to find low rates is to use a rate comparison form click to view form in new window. This easy form prevents you from having to do repetitive form entry for each company. Completing one form will get you rate comparisons from auto insurance companies with the best prices.It’s the quickest way to get rates.

A slightly less efficient method to compare prices consists of visiting each individual company website to request a price quote. For examples sake, let’s say you want comparison quotes from Allstate, Safeco and Farmers. You would have to take the time to go to each site to input your insurance information, which is why most consumers use the first method.

For a list of links to companies insuring cars in your area, click here.

It’s up to you how you get prices quotes, just make sure you use exactly the same coverages and limits for every quote you compare. If you are comparing differing limits it will be very difficult to find the best deal for your Mercedes-Benz SL-Class. Slightly different limits may result in large price differences. It’s important to know that more quotes will improve the odds of getting the best price.

Take advantage of discounts

Auto insurance companies don’t always list every discount in an easy-to-find place, so we researched some of the more common and the harder-to-find ways to save on car insurance.

  • Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Student Driver Training – Require your teen driver to complete a driver education course in high school.
  • E-sign – A handful of insurance companies give back up to $50 simply for signing on their website.
  • Payment Discounts – If you pay your bill all at once rather than paying monthly you may reduce your total bill.
  • Senior Discount – Older drivers can possibly qualify for reduced rates on SL-Class coverage.
  • Seat Belt Usage – Requiring all passengers to buckle their seat belts can save up to 15% off the personal injury premium cost.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles prevent accidents and earn discounts up to 10%.

It’s important to understand that many deductions do not apply to the entire policy premium. Most only reduce individual premiums such as liability, collision or medical payments. Just because it seems like you can get free auto insurance, you’re out of luck.

Companies that may have some of the above discounts are:

Double check with all companies you are considering which discounts you may be entitled to. All car insurance discounts may not be available in your area.

How to know if you need help

When choosing the best auto insurance coverage for your personal vehicles, there is no perfect coverage plan. Coverage needs to be tailored to your specific needs.

For example, these questions can help discover whether or not you might need professional guidance.

  • Do I need roadside assistance coverage?
  • Do I need added coverage for expensive stereo equipment?
  • Should I carry comprehensive and collision coverage?
  • Am I covered when driving someone else’s vehicle?
  • Why am I required to buy high-risk coverage?
  • Where can I get insurance after a DUI in my state?
  • Am I covered if hit by an uninsured driver?
  • Do I have any recourse if my insurance company denies a claim?
  • Is motorclub coverage worth it?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form.

Coverages available on your auto insurance policy

Knowing the specifics of your auto insurance policy aids in choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive coverages

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like damage from flooding, hail damage and hitting a bird. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Uninsured and underinsured coverage

This coverage gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Mercedes-Benz SL-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability insurance

This protects you from injuries or damage you cause to a person or their property that is your fault. 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 liability limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability can pay for claims such as medical services, repair costs for stationary objects and funeral expenses. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

Collision protection

This coverage covers damage to your SL-Class caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like rolling your car, colliding with a tree, sideswiping another vehicle and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for chiropractic care, EMT expenses, X-ray expenses and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

A tidy conclusion

Insureds leave their current company for many reasons like questionable increases in premium, delays in paying claims, high rates after DUI convictions and denial of a claim. Whatever your reason, finding a great new company can be easier than you think.

When buying insurance coverage, don’t be tempted to skimp on coverage in order to save money. There are too many instances where drivers have reduced liability limits or collision coverage only to regret that it was a big mistake. Your strategy should be to buy the best coverage you can find at the best price while not skimping on critical coverages.

Low-cost 2004 Mercedes-Benz SL-Class insurance is possible both online in addition to many insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not provide online price quotes and many times these smaller companies only sell through independent insurance agents.

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