How Much Does 2014 Mercedes-Benz SL-Class Insurance Cost?

Perplexed by the number of insurance coverage companies? You have a lot of company. There are so many options that it can quickly become a real hassle to find the best price.

How to Lower Your Car Insurance Cost

The are a couple different ways of comparing rates from car insurance companies in your area. The best method to compare 2014 Mercedes-Benz SL-Class insurance prices involves getting comparison quotes online. This can be accomplished in several different ways.

  1. The best way to get quotes is an all-inclusive rate comparison (click to open form in new window). This form eliminates the need for separate quote forms for each company. Filling out one form will get you price quotes from car insurance companies with the best prices. It’s the fastest way to compare.
  2. A less efficient way to obtain and compare quotes online is to take the time to go to each company website and fill out their own quote form. For instance, let’s say you want rates from Liberty Mutual, GEICO and Travelers. To find out each rate you need to take the time to go to each site and enter your policy data, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.

It’s your choice how you get your quotes, but ensure you’re using the exact same coverage limits and deductibles for each price quote. If you have unequal deductibles or liability limits it will be impossible to find the best deal for your Mercedes-Benz SL-Class. Just a small difference in limits can result in a big premium difference. And when price shopping your coverage, comparing a large number of companies will improve the odds of getting better pricing.

Are you getting all your discounts?

Insuring your fleet can be pricey, but you can get discounts that can drop the cost substantially. Some discounts apply automatically when you complete an application, but some must be specially asked for before you get the savings.

  • Good Student – A discount for being a good student can be rewarded with saving of up to 25%. This discount can apply up to age 25.
  • Save with a New Car – Buying coverage on a new vehicle can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Government Employees – Active or retired federal employment may qualify you for a discount on SL-Class insurance with certain companies.
  • Paperless Signup – A handful of insurance companies give back up to $50 just for signing your application over the internet.
  • Drive Safe and Save – Drivers who avoid accidents may save up to 50% more on SL-Class insurance than less cautious drivers.

A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most cut specific coverage prices like comp or med pay. So when it seems like you could get a free insurance policy, you’re out of luck. But any discount will reduce your overall premium however.

Companies that may have some of the above discounts include:

Check with each company how you can save money. All car insurance discounts may not be available everywhere.

When might I need an agent?

When it comes to buying proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is a little different.

For example, these questions may help you determine whether you would benefit from professional advice.

  • Should I buy only the required minimum liability coverage?
  • Do I need to file an SR-22 for a DUI in my state?
  • Can I afford to pay high deductible claims out of pocket?
  • Is a fancy paint job covered?
  • Does my insurance cover my expensive audio equipment?
  • Does medical payments coverage apply to all occupants?
  • What can I do if my company denied a claim?
  • Does my 2014 Mercedes-Benz SL-Class qualify for pleasure use?
  • I have health insurance so do I need medical payments coverage?

If you can’t answer these questions, you may need to chat with an insurance agent. To find an agent in your area, simply complete this short form.

Auto insurance coverage information

Having a good grasp of a auto insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for bills like X-ray expenses, ambulance fees and funeral costs. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz SL-Class.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time these coverages are similar to your liability insurance amounts.

Liability insurance

This can cover damage that occurs to other’s property or people that is your fault. It protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 that translate to $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. Some companies may use a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like legal defense fees, court costs, emergency aid, repair costs for stationary objects and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverages

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims like a tree branch falling on your vehicle, theft, fire damage and hitting a bird. The highest amount your auto insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as backing into a parked car, damaging your car on a curb and rolling your car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Quote more. Save more.

When shopping online for auto insurance, you should never buy lower coverage limits just to save a few bucks. In many instances, consumers will sacrifice collision coverage and learned later that it was a big mistake. Your aim should be to buy enough coverage at an affordable rate.

We covered a lot of techniques to save on 2014 Mercedes-Benz SL-Class insurance. The key thing to remember is the more companies you get rates for, the better your chances of lowering your rates. Consumers could even find that the lowest premiums are with an unexpected company.

The cheapest insurance is definitely available online in addition to many insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. Some companies do not provide the ability to get a quote online and these small, regional companies work with independent agents.

More learning opportunities