2007 Mercedes-Benz M-Class Insurance Cost – 6 Tricks for Best Prices

Trying to find cheaper insurance rates for your Mercedes-Benz M-Class? If you are new to online price comparisons, it’s easy to get bewildered by the vast number of insurance companies all promising to save you money.

It’s a good idea to price shop coverage yearly due to the fact that insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest rates on M-Class coverage two years ago you may be paying too much now. Block out anything you think you know about insurance because you’re going to learn one of the easiest ways to find lower rates on insurance.

These six discounts can cut car insurance rates

Some providers don’t always advertise all their discounts in an easy-to-find place, so the following is a list of some of the more common and also the lesser-known ways to save on car insurance.

• More Vehicles More Savings – Insuring multiple cars with one company can reduce rates for all insured vehicles.
• Good Student – Being a good student may save as much as 25% on a insurance coverage quote. The good student discount can last until age 25.
• Air Bag Discount – Options like air bags and/or automatic seat belt systems could see savings of up to 25% or more.
• Auto/Life Discount – If the company offers life insurance, you could get a discounted car insurance rate on car insurance if you buy some life insurance too.
• E-sign Discounts
• Student Driver Training – Teen drivers should sucessfully take a drivers education course if it’s offered in school.

As a disclaimer on discounts, most discounts do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

A few popular companies and their possible discounts are outlined below.

• State Farm policyholders can earn discounts including passive restraint, anti-theft, Drive Safe & Save, good driver, safe vehicle, multiple policy, and good student.
• Esurance may have discounts that include claim free, safety device, good student, emergency road assistance, multi-policy, and homeowner.
• Progressive has discounts for multi-vehicle, good student, multi-policy, continuous coverage, and online signing.
• Liberty Mutual may include discounts for teen driver discount, hybrid vehicle, good student, newly married, newly retired, and new move discount.
• Auto-Owners Insurance offers discounts including group or association, company car, paid in full, mature driver, anti-theft, and student away at school.
• Geico discounts include multi-vehicle, anti-theft, driver training, good student, and defensive driver.

If you need lower rates, check with each insurance company which discounts you may be entitled to. Some credits might not be available to policyholders in your state. For a list of car insurance companies who offer free car insurance quotes, click here.

How to get affordable auto insurance

Most of the larger companies allow you to get prices on their websites. Getting prices online is fairly simple as you simply type in your coverage preferences as requested by the quote form. Upon sending the form, their system makes automated requests for credit information and your driving record and provides a quote based on many factors.

Being able to quote online makes comparing rates easy, but having to visit a lot of sites and type in the same information is a waste of time. But it’s very important to have as many quotes as possible if you are searching for a better rate.

The better way to compare rates

A less time-consuming method to find cheaper rates uses one form to get prices from several companies at one time. It’s a real time-saver, requires less work, and makes online price comparison much simpler. After your information is entered, it gets priced with multiple companies and you can pick any or none of the pricing results. If a lower price is quoted, it’s easy to complete the application and buy the policy. It takes 15 minutes at the most and can result in significant savings.

To compare rates using this form now, click here to open in new window and submit the form. If you have a policy now, it’s recommended you duplicate exactly as they are listed on your policy. Using the same limits helps guarantee you will be getting a fair comparison for similar insurance coverage.

When do I need an agent’s advice?

When it comes to buying proper insurance coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Each situation is unique.

For example, these questions can help discover if your situation would benefit from an agent’s advice.

• Why am I be forced to buy a membership to get insurance from some companies?
• How many claims can I have before being cancelled?
• Am I covered if hit by an uninsured driver?
• Does my 2007 Mercedes-Benz M-Class qualify for pleasure use?
• Are my friends covered when driving my car?
• Should I waive the damage coverage when renting a car?
• Is a blown tire covered by insurance?
• How much underlying liability do I need for an umbrella policy?
• Can my teen driver be rated on a liability-only vehicle?

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 an agent. To find lower rates from a local agent, fill out this quick form.

Specifics of your auto insurance policy

Understanding the coverages of auto insurance can be of help when determining the best coverages at the best deductibles and correct limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording.

Auto collision coverage

This pays for damage to your M-Class resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like scraping a guard rail, sideswiping another vehicle, damaging your car on a curb, sustaining damage from a pot hole and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Comprehensive insurance

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like theft, hitting a bird, damage from getting keyed and fire damage. The highest amount your auto insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Liability auto insurance

Liability coverage protects you from damage that occurs to other’s property or people by causing an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability can pay for claims such as bail bonds, emergency aid, funeral expenses and medical services. How much liability should you purchase? That is your choice, but buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 2007 Mercedes-Benz M-Class.

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 is a good idea.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like chiropractic care, hospital visits, prosthetic devices and nursing services. The coverages can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

In conclusion

People change insurance companies for any number of reasons including denial of a claim, questionable increases in premium, extreme rates for teen drivers and policy non-renewal. Regardless of your reason, finding the right insurance provider is pretty easy and you might even save some money in the process.

In this article, we covered quite a bit of information on how to save on 2007 Mercedes-Benz M-Class insurance. It’s most important to understand that the more rate quotes you have, the better chance you’ll have of finding low cost insurance coverage. You may even discover the most savings is with the smaller companies.

Cheap 2007 Mercedes-Benz M-Class insurance is definitely available from both online companies as well as from independent agents, so you need to quote insurance coverage with both in order to have the best chance of saving money. A few companies may not have internet price quotes and these small insurance companies sell through independent agents.

More tips and info about insurance is located at these sites:

• Determining Your Vehicle’s Value and Repair Cost (Insurance Information Insitute)
• Alcohol Impaired Driving FAQ (iihs.org)
• What Does No-Fault Insurance Cover? (Allstate)
• Safety Features for Your New Car (State Farm)
• Your Car has been Stolen: Now What? (Allstate)
• Teen Driver Statistics (Insurance Information Insitute)