2006 Mercedes-Benz SL-Class Insurance Quotes – 10 Ideas for Best Rates

Want the cheapest insurance rates for your Mercedes-Benz SL-Class? Do you get exhausted from robbing Peter to pay Paul to insure your Mercedes-Benz every month? You’re in the same situation as many other consumers. Many car insurance companies compete to insure your vehicles, so it can be very hard to choose a company to discover the definitive best price available.

You need to shop coverage around at least once a year because rates are rarely the same from one policy term to another. Even if you got the lowest rate for SL-Class coverage a year ago you will most likely find a better price today. You can find a lot of information about insurance out there, but I’m going to show you some proven techniques to save money.

Insurance coverage companies offer money-saving discounts

Insurance can be prohibitively expensive, but companies offer discounts that you may not even be aware of. Many discounts should be triggered at quote time, but once in a while a discount must be specially asked for before you will receive the discount.

  • Defensive Driver Discount – Taking part in a defensive driving course could earn you a small percentage discount if you qualify.
  • Own a Home and Save – Simply owning a home may trigger a policy discount on insurance coverage since home ownership demonstrates responsibility.
  • College Student Discount – who live away from home at college without a vehicle on campus can be insured at a reduced rate.
  • Multi-policy Discount – When you combine your auto and home insurance with the same company you may earn nearly 15% which can help you find the cheapest insurance coverage.
  • Save over 55 – If you qualify as a senior citizen, you may receive reduced rates for SL-Class coverage.
  • Student Discounts – This discount may save as much as 25% on a insurance coverage quote. The good student discount can last up to age 25.
  • Drivers Ed for Students – Require your teen driver to participate in a local driver’s education class as it can save substantially.
  • Telematics Data – Insureds that choose to allow their insurance company to monitor vehicle usage by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive might see lower rates if they have good driving habits.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but some companies like GEICO, Allstate and Liberty Mutual permit an accident without raising rates with the catch being you have to be claim-free prior to being involved in the accident.
  • No Claim Discounts – Drivers who don’t have accidents get the best insurance coverage rates in comparison to insureds who have frequent claims or accidents.

One thing to note about discounts is that most of the big mark downs will not be given the the whole policy. Most only cut the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, insurance coverage companies aren’t that generous.

A few of the larger companies and their offered discounts are included below.

  • Travelers may include discounts for home ownership, new car, student away at school, multi-car, multi-policy, payment discounts, and hybrid/electric vehicle.
  • 21st Century has discounts for homeowners, defensive driver, air bags, theft prevention, and driver training.
  • State Farm has savings for student away at school, multiple policy, good student, driver’s education, and passive restraint.
  • GEICO policyholders can earn discounts including federal employee, membership and employees, anti-theft, defensive driver, and five-year accident-free.
  • SAFECO offers discounts for multi-car, anti-theft, teen safety rewards, bundle discounts, anti-lock brakes, and drive less.
  • AAA offers discounts including good driver, multi-policy, education and occupation, good student, anti-theft, multi-car, and AAA membership discount.

When getting free insurance coverage quotes, it’s a good idea to each company which discounts can lower your rates. Some discounts may not be offered in your area. To choose insurance companies with the best discounts, follow this link.

Do I just need basic coverages?

When buying adequate coverage for your vehicles, there is no perfect coverage plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions may help highlight if your insurance needs may require specific advice.

  • Am I covered when driving a rental car?
  • Do I have any recourse if my insurance company denies a claim?
  • Do I have coverage for damage caused while driving under the influence?
  • Is my dog or cat covered if injured in an accident?
  • Is my babysitter covered when using my vehicle?
  • What is PIP insurance?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.

Car insurance coverages for a 2006 Mercedes-Benz SL-Class

Learning about specific coverages of auto insurance can be of help when determining appropriate coverage for your vehicles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. Below you’ll find typical coverage types available from auto insurance companies.

Comprehensive auto insurance

Comprehensive insurance 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 can pay for things such as falling objects, hail damage and hitting a deer. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for ambulance fees, X-ray expenses, rehabilitation expenses and pain medications. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Coverage applies to you and your occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like crashing into a ditch, scraping a guard rail, crashing into a building, damaging your car on a curb and driving through your garage door. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Liability insurance

This will cover injuries or damage you cause to a person or their property that is your fault. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 50/100/50 which stand for $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims like pain and suffering, repair bills for other people’s vehicles, medical services and court costs. How much liability should you purchase? That is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as damage to your Mercedes-Benz SL-Class.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Make a quick buck

We covered a lot of techniques to lower your 2006 Mercedes-Benz SL-Class insurance premium rates. The key thing to remember is the more rate comparisons you have, the higher your chance of finding the cheapest insurance coverage. Consumers may even find the biggest savings come from a smaller regional carrier. They can often insure niche markets at a lower cost than the large multi-state companies such as GEICO and State Farm.

Some companies may not provide online quoting and these small insurance companies sell through independent insurance agencies. Low-cost 2006 Mercedes-Benz SL-Class insurance is possible on the web and also from your neighborhood agents, and you should compare price quotes from both to have the best chance of lowering rates.

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