Are you irritated from scraping the payment together to pay your auto insurance bill each month? Your situation is no different than many other vehicle owners. You have so many insurance companies to pick from, and even though it’s nice to have a choice, too many choices makes it more difficult to compare company pricing.
The purpose of this post is to help educate you on how to effectively get price quotes. If you are paying for car insurance now, you should be able to lower your premiums substantially using this information. Drivers just need to learn the most effective way to compare prices online.
Companies offering auto insurance do not advertise all disounts very well, so the next list breaks down some of the more common in addition to some of the lesser obvious credits that you can use to lower your rates.
As a sidenote, some credits don’t apply to the entire cost. Some only apply to the cost of specific coverages such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, insurance companies wouldn’t stay in business. But any discount will help lower your policy cost.
Some companies who might offer many of the previously listed discounts are:
When quoting, ask each insurance company which discounts can lower your rates. Discounts might not be available to policyholders in your area. For a list of insurance companies with discount rates, click here to view.
When buying auto insurance it’s important to understand some of the factors that aid in calculating the level of your policy premiums. If you have some idea of what controls the rates you pay, this empowers consumers to make smart changes that could result in better auto insurance rates. Lots of factors are used in the calculation when quoting car insurance. Some factors are common sense like an MVR report, although others are more obscure such as your marital status or how safe your car is.
The itemized list below are some of the most rate-impacting factors that factor into rates.
When choosing the right insurance coverage, there really is not a one size fits all plan. Every insured’s situation is different so your insurance needs to address that. Here are some questions about coverages that could help you determine whether or not you will benefit from professional help.
If you can’t answer these questions but you know they apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It only takes a few minutes and you can get the answers you need.
Understanding the coverages of your policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. These are typical coverage types available from auto insurance companies.
Coverage for medical expenses
Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like hospital visits, pain medications and nursing services. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
Liability coverage protects you from damage that occurs to other people or property that is your fault. This insurance protects YOU against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.
Liability insurance covers claims such as funeral expenses, court costs, repair costs for stationary objects and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.
Coverage for uninsured or underinsured drivers
This coverage provides protection when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your 2013 Mercedes-Benz GL-Class.
Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these limits are identical to your policy’s liability coverage.
Comprehensive auto insurance
Comprehensive insurance coverage pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage protects against claims like hail damage, rock chips in glass and damage from flooding. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.
Collision coverage pays for damage to your GL-Class caused by collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers claims like crashing into a building, sustaining damage from a pot hole and hitting a mailbox. This coverage can be expensive, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.
Cheap 2013 Mercedes-Benz GL-Class insurance can be sourced on the web and from local insurance agents, and you should be comparing both to get a complete price analysis. Some car insurance companies do not offer online rate quotes and usually these small, regional companies sell through independent agencies.
In this article, we covered a lot of ways to lower your 2013 Mercedes-Benz GL-Class insurance rates. The most important thing to understand is the more times you quote, the higher your chance of finding affordable insurance coverage. Consumers may even find the lowest rates come from a company that doesn’t do a lot of advertising. These companies may cover specific market segments cheaper compared to the large companies like Allstate, GEICO and Progressive.