View 2015 Mercedes-Benz SL-Class Insurance Rates

Want cheaper insurance rates for your Mercedes-Benz SL-Class? Trying to find cheaper insurance for your Mercedes-Benz SL-Class can normally be an all-consuming task, but you can use our insurance buying tips to find lower rates. There is a better way to find insurance online and you need to know the best way to quote coverages for your Mercedes-Benz and find the lowest possible price from local insurance agents and online providers.

It’s a good idea to compare prices quite often due to the fact that insurance rates change quite often. Just because you had the best rates on SL-Class insurance a couple years back there may be better deals available now. Forget all the misinformation about insurance because I’m going to let you in on the secrets to the things you must know in order to eliminate unnecessary coverages and save money.

Finding the best rates is quite easy. If you have insurance now or are shopping for new coverage, you can use these techniques to find better prices and still get good coverage. Drivers just need to know how to compare company rates online.

How to Get Car Insurance

Finding a lower price on 2015 Mercedes-Benz SL-Class insurance is a fairly straight forward process. The only requirement is to take time comparing rates online from several insurance companies. This can be done in a couple of different ways.

  1. One of the best ways consumers can make multiple comparisons is an all-inclusive rate comparison like this one (opens in new window). This easy form keeps you from doing a different quote for each company. One quote request compares rates from multiple companies. Recommended for those who want to invest the least amount of time.
  2. Another way to compare rate quotes requires a visit to each company website to complete a price quote. For examples sake, let’s assume you want comparison quotes from USAA, State Farm and Allstate. To get each rate you have to go to every website and enter your information, which is why most consumers use the first method.

    For a handy list of car insurance company links in your area, click here.

However you get your quotes, make absolute certain that you use exactly the same deductibles and coverage limits for every company. If you are comparing unequal deductibles or liability limits then you won’t be able to determine which rate is truly the best.

Discounts are basically free money

Companies that sell car insurance don’t always publicize every discount in an easy-to-find place, so we researched both well-publicized and the harder-to-find ways to save on insurance. If they aren’t giving you every credit available, you’re just leaving money on the table.

  • Government Employees – Employees or retirees of the government can earn a discount up to 10% on SL-Class insurance depending on your company.
  • Anti-theft System – Anti-theft and alarm systems can help prevent theft and will save you 10% or more.
  • Payment Discounts – By paying your policy upfront instead of making monthly payments you could save up to 5%.
  • Early Switch Discount – Select companies give a discount for signing up prior to your current policy expiration. It’s a savings of about 10%.
  • Student in College – Children who are attending college and do not have a car can receive lower rates.
  • Multi-car Discount – Having more than one vehicle on one policy may reduce the rate for each vehicle.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts can save 10% or more off your PIP or medical payments premium.
  • Drive Less and Save – Keeping the miles down on your Mercedes-Benz can qualify you for lower rates on the low mileage vehicles.
  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on SL-Class insurance than less cautious drivers.
  • Auto/Home Discount – When you have multiple policies with one company you could get a discount of 10% to 20% off each policy.

It’s important to understand that some of the credits will not apply the the whole policy. Some only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates you could get a free insurance policy, you’re out of luck.

For a list of insurance companies offering insurance discounts, click here to view.

Mercedes-Benz SL-Class rates influenced by many factors

Consumers need to have an understanding of some of the elements that help determine auto insurance rates. Having a good understanding of what controls the rates you pay helps enable you to make changes that can help you get lower auto insurance prices.

  • Add-on coverages can add up – There are many extra coverages that you can get tricked into buying if you aren’t careful. Coverages for roadside assistance, accidental death and motor club memberships may be costing you every month. They may seem like a good idea at first, but if you don’t need them eliminate them to save money.
  • Multiple policies with one company can save – Many companies give discounts to insureds who have multiple policies with them, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to shop around to ensure the best deal.
  • How credit affects auto insurance rates – Your credit rating is a large factor in determining what you pay for auto insurance. Consumers who have excellent credit tend to be less risk to insure than drivers with lower ratings. If your credit history can use some improvement, you could potentially save money when insuring your 2015 Mercedes-Benz SL-Class by spending a little time repairing your credit.
  • Big city or small town – Residing in a rural area can be a good thing when it comes to auto insurance. Urban drivers have much more traffic and longer commute times. Fewer drivers means a lower chance of having an accident as well as less vandalism and auto theft.

Which insurance is the “right” coverage?

When choosing coverage for your personal vehicles, there really is no best way to insure your cars. Everyone’s situation is unique.

For example, these questions may help you determine if your situation could use an agent’s help.

  • Can I rate high risk drivers on liability-only vehicles?
  • Am I insured when driving a different vehicle?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need replacement cost coverage?
  • Am I covered if I break a side mirror?
  • Is extra glass coverage worth it?
  • Is a new car covered when I drive it off the dealer lot?
  • Do I need PIP (personal injury protection) coverage in my state?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Don’t listen to company ads

Drivers constantly see and hear ads for car insurance savings from the likes of Geico, State Farm and Progressive. All the ads say the same thing about savings after switching your coverage to them.

How can each company say the same thing?

All companies have a preferred profile for the type of customer that earns them a profit. A good example of a desirable insured could be a mature driver, a clean driving record, and drives newer vehicles. A customer who matches those parameters will get very good rates and most likely will save a lot of money.

Drivers who fall outside the requirements will be charged higher prices which usually ends up with business not being written. Company advertisements say “customers who switch” not “people who quote” save that kind of money. That’s the way companies can advertise the way they do. That is why it’s extremely important to get a wide range of price quotes. Because you never know the company that will have the lowest Mercedes-Benz SL-Class insurance rates.

Parts of your car insurance policy

Learning about specific coverages of a car insurance policy aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Liability insurance

This coverage can cover damage or injury you incur to other people or property. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 50/100/50 that translate to a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like repair bills for other people’s vehicles, bail bonds, funeral expenses and attorney fees. How much coverage you buy is your choice, but buy as large an amount as possible.

Comprehensive coverage

This coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like a broken windshield, damage from a tornado or hurricane and damage from flooding. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include 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, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea.

Collision coverage protection

Collision coverage covers damage to your SL-Class resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like sideswiping another vehicle, rolling your car, scraping a guard rail, backing into a parked car and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for immediate expenses for things like rehabilitation expenses, nursing services, doctor visits and X-ray expenses. The coverages can be utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

A penny earned…

As you shop your coverage around, it’s not a good idea to reduce coverage to reduce premium. There have been many cases where drivers have reduced liability coverage limits and learned later they didn’t purchase enough coverage. The proper strategy is to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

Insureds change insurance companies for many reasons like questionable increases in premium, extreme rates for teen drivers, delays in responding to claim requests and even denial of a claim. Regardless of your reason for switching companies, finding the right insurance provider is actually quite simple.

Budget-conscious 2015 Mercedes-Benz SL-Class insurance can be bought both online and with local insurance agents, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not offer online price quotes and these small, regional companies work with independent agents.

Additional insurance information is located on the following sites: