Searching for lower auto insurance rates for your Mercedes-Benz 500-Class? Feel like you have high-priced auto insurance? Believe me when I say many consumers are feeling buyer’s remorse and feel like there’s no way out. Companies like Allstate and Progressive promote their brand names with catchy ads and it is difficult to see past the corporate glitz and effectively compare rates to find the best deal.
It is always a good idea to get comparison quotes at least once a year since prices change quite often. Despite the fact that you may have had the lowest price on 500-Class insurance on your last policy you may be paying too much now. Forget all the misinformation about auto insurance because I’m going to teach you one of the easiest ways to reduce your cost while increasing coverage.
If you have a policy now or are shopping for new coverage, you can use these techniques to reduce the price you pay and possibly find even better coverage. Choosing the best insurance company for you is not rocket science. Consumers just need to understand the most efficient way to shop over the internet.
All major auto insurance companies allow you to get pricing on the web. Comparing rates online is fairly simple as you simply type in the coverages you want on the page. After you complete the form, their rating system will order credit information and your driving record and returns pricing information based on many factors. Online price estimates makes it easy to compare insurance prices but the process of having to visit a lot of sites and type in the same information is a big time waster. Unfortunately, it is important to get many rate quotes if you want to get better prices.
There is a better way!
A less time-consuming method to find better auto insurance pricing uses one simple form that gets price quotes from a lot of companies. This type of form saves time, requires less work, and makes rate comparisons much easier. Immediately after you send the form, it is quoted and you can select any one of the price quotes you receive. If a lower price is quoted, you simply finish the application and purchase coverage. This process takes less than 15 minutes and you will know how your current rates stack up.
If you want to get comparison pricing now, click here to open in a new tab and enter your information. To compare your current rates, we recommend you input the coverage information exactly as they are listed on your policy. Doing this assures you will have a fair comparison for the exact same coverage.
When choosing adequate coverage, there really is not a single plan that fits everyone. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that might point out whether or not you might need an agent’s assistance.
If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.
Having a good grasp of a car insurance policy helps when choosing the right coverages at the best deductibles and correct limits. Car insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find the usual coverages available from car insurance companies.
Collision – This covers damage to your 500-Class resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against claims such as hitting a parking meter, scraping a guard rail and crashing into a ditch. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.
Auto liability insurance – Liability insurance provides protection from damage or injury you incur to people or other property by causing an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.
Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.
Liability can pay for things such as bail bonds, court costs, medical services, repair bills for other people’s vehicles and repair costs for stationary objects. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance kick in for immediate expenses like ambulance fees, chiropractic care, surgery and pain medications. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage
Comprehensive coverage – Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against claims such as theft, fire damage, falling objects and a broken windshield. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.
Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.
Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.