Being forced to pay for high-priced auto insurance premiums can bleed your savings account and force you to make tough financial choices.
Big companies like State Farm and GEICO all promote huge savings with catchy ads and it is challenging if not impossible to see through the deception and take the time to shop coverage around.
Most of the larger companies such as GEICO, State Farm and Progressive give pricing on the web. Doing online quotes is fairly simple as you just type in the amount of coverage you want into a form. When the form is submitted, the company’s rating system will order credit information and your driving record and provides a quote based on the information you submitted. This makes it simple to compare prices but the process of having to visit a lot of sites and type in the same information gets old quite quickly. Unfortunately, it is important to do this if you want to find the best price on insurance.
The smarter way to lower your rates is to use a quote form to return rates from many companies. This type of form saves time, helps eliminate reptitive entry, and makes comparison shopping much more enjoyable and efficient. Immediately after you send the form, it is rated with multiple companies and you can pick any or none of the price quotes you receive. If the quotes result in lower rates, you can simply submit the application and buy the policy. The entire process takes less than 15 minutes and you’ll know if lower rates are available.
If you want to find out what other companies charge, simply click here to open in new window and enter your information. If you currently have coverage, we recommend you input identical to your current policy. Doing this assures you’re receiving a price comparison for exact coverage.
Buying insurance coverage is not cheap, but there could be available discounts that many consumers don’t even know exist. Certain discounts will be triggered automatically when you purchase, but once in a while a discount must be specially asked for prior to getting the savings. If you don’t get every credit available, you are not getting the best rate possible.
A little disclaimer on discounts, many deductions do not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like medical payments or collision. So even though it sounds like you could get a free insurance coverage policy, company stockholders wouldn’t be very happy.
Companies that have many of the previously listed discounts may include but are not limited to:
Before purchasing a policy, check with each company to apply every possible discount. A few discounts might not be offered in your state. If you would like to view insurance coverage companies who offer insurance coverage discounts, click this link.
When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a perfect coverage plan. Everyone’s situation is a little different so your insurance should reflect that For example, these questions might point out whether your personal situation could use an agent’s help.
If you can’t answer these questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies.
Having a good grasp of a car insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find the normal coverages found on most car insurance policies.
Medical expense coverage – Med pay and PIP coverage provide coverage for immediate expenses like hospital visits, doctor visits, ambulance fees and chiropractic care. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay
Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz SL-Class.
Due to the fact that many 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 very important.
Comprehensive protection – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers things like rock chips in glass, hail damage and vandalism. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Collision – Collision coverage pays for damage to your SL-Class resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things such as damaging your car on a curb, rolling your car and colliding with a tree. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also bump up the deductible to bring the cost down.
Auto liability – This will cover injuries or damage you cause to people or other property that is your fault. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000.
Liability coverage pays for claims such as medical expenses, pain and suffering and legal defense 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.
When getting auto insurance quotes online, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced physical damage coverage and discovered at claim time that it was a big mistake. Your objective should be to buy enough coverage at the lowest possible cost, but do not skimp to save money.
You just learned many tips how you can get a better price on 1997 Mercedes-Benz SL-Class insurance. The key concept to understand is the more providers you compare, the better chance you’ll have of finding affordable auto insurance. You may even discover the best auto insurance rates are with a smaller regional carrier. These smaller insurers may only write in your state and offer lower premium rates compared to the large companies like Allstate, GEICO and Progressive.
Additional information is located at the links below