How Much Does 2018 Mercedes-Benz Maybach Insurance Cost?

Searching for better insurance prices for a Mercedes-Benz Maybach can normally be an all-consuming task, but you can learn our car insurance buying tips to save time.

There are both good and bad ways to find car insurance online so we’re going to tell you the quickest way to get price quotes for your Mercedes-Benz and obtain the cheapest rates either online or from local insurance agents.

It’s a great practice to quote other rates once or twice a year because car insurance prices go up and down regularly. Even if you got the best rate for Maybach coverage a year ago you can probably find a better premium rate now. Block out anything you think you know about car insurance because you’re going to get a crash course in the fastest and easiest way to properly buy coverages and cut your premium.

Compare insurance quotes

Lowering your 2018 Mercedes-Benz Maybach insurance rates can be quick and easy. All you need to do is invest a little time comparing rates from some recommended companies. This is very easy and can be done by following the guidelines below.

  1. The fastest way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This quick form saves time by eliminating a different quote for each company. Taking the time to complete one form will return price quotes from multiple companies. This is perfect if you don’t have a lot of time.
  2. A different way to shop for insurance online is to manually visit the website of each company and go through the quote process again. For instance, let’s assume you want to get rates from Progressive, Geico and GMAC. In order to get each rate, you would have to spend time going to each site individually and repeatedly type in your coverage information, which can be really labor intensive. To view a list of companies in your area, click here.
  3. The most difficult way to find and compare rates is to spend your day driving to all the different insurance agencies. Comparing rate quotes online reduces the need to sit down with an agent unless you have a complicated situation and need the personal advice that only an agent can give. Although, it is possible get prices online and get advice from an agent in your area.

Whichever way you choose to compare rates, be sure you’re using the exact same quote data with each company. If you enter mixed coverages it will be impossible to make a fair rate comparison.

Do I need special coverages?

When buying coverage, there isn’t really a single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that may help highlight if your situation would benefit from an agent’s advice.

  • How much liability do I need to cover my assets?
  • Are all vehicle passengers covered by medical payments coverage?
  • Am I covered if I drive in a foreign country?
  • How do I insure my teen driver?
  • Is a new car covered when I drive it off the dealer lot?
  • Why do I need rental car insurance?
  • Is my teenager covered with friends in the car?
  • When should I not file a claim?
  • I don’t drive much so do I pay less?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Car insurance 101

Having a good grasp of insurance helps when choosing the right coverages for your vehicles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive insurance

This pays for damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hail damage, a tree branch falling on your vehicle, damage from a tornado or hurricane and a broken windshield. The maximum amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Coverage for medical expenses

Coverage for medical payments and/or PIP pay for bills such as funeral costs, rehabilitation expenses, hospital visits, pain medications and chiropractic care. They can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

This covers damage to your Maybach resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers things such as hitting a mailbox, crashing into a ditch and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Auto liability insurance

Liability coverage will cover damage or injury you incur to a person or their property that is your fault. It protects you from claims by other people. Liability doesn’t cover 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. Your policy might show values of 25/50/25 which means $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability coverage pays for things like repair costs for stationary objects, loss of income, repair bills for other people’s vehicles, emergency aid and court costs. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Coverage for uninsured or underinsured drivers

This coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. It can pay for medical payments for you and your occupants and also any damage incurred to your 2018 Mercedes-Benz Maybach.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked. Frequently these coverages are set the same as your liablity limits.