2002 Mercedes-Benz SL-Class Insurance Quotes – 8 Tips for Cheapest Rates

Having to pay for overpriced Mercedes-Benz SL-Class insurance can empty your personal savings and put the squeeze on your family’s finances. Doing a price comparison is a great way to make sure you’re not throwing money away.

Big-name insurance companies like State Farm, Allstate, GEICO and Progressive all claim big savings with fancy advertisements and it is challenging if not impossible to see past the geckos and flying pigs and take the time to shop coverage around.

If you currently have a car insurance policy, you will most likely be able to cut costs considerably using these methods. Choosing the best insurance company for you is quite easy. But drivers need to learn the way insurance companies market on the web and use this information to your advantage.

How to Lower Your Insurance Coverage Cost

There are multiple methods you can shop for 2002 Mercedes-Benz SL-Class insurance coverage and some are more efficient than others. You could waste time driving to insurance agencies in your area, or you can stay home and use the web to get prices fast.

The majority of car insurance companies participate in an industry program that allows shoppers to only type in their quote data once, and every company provides a quote based on the submitted data. This eliminates the need for quotation requests for each company you want a rate for.

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One minor caviat to using this type of system is you cannot specify which companies you will receive quotes from. If you prefer to choose specific providers to compare prices, we put together a list of companies who write insurance coverage in your area. View list of insurance companies.

It’s your choice how you get your quotes, but make sure you use identical coverages on every quote you get. If each company quotes different values for each quote it’s impossible to determine the best price for your Mercedes-Benz SL-Class. Having just a slight variation in limits can mean a large discrepancy in price. And when quoting insurance coverage, remember that comparing a large number of companies will enable you to find the best rates.

How do I know if I need professional advice?

When it comes to choosing the best insurance coverage coverage, there is no one size fits all plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions may help you determine whether your personal situation would benefit from professional advice.

• Can I afford to pay high deductible claims out of pocket?
• Are my tools covered if they get stolen from my vehicle?
• Is my babysitter covered when using my vehicle?
• Can I drive in Mexico and have coverage?
• Why does it cost so much to insure a teen driver?
• Is extra glass coverage worth it?
• Is my teen driver covered when they drive my company car?
• Do I pay less for low miles?

If you don’t know the answers to these questions, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area.

Specific coverages for a 2002 Mercedes-Benz SL-Class

Having a good grasp of insurance can be of help when determining appropriate coverage at the best deductibles and correct limits. Insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are typical coverage types found on the average insurance policy.

Liability car insurance

This coverage can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against things such as repair bills for other people’s vehicles, structural damage and legal defense fees. How much coverage you buy is a decision to put some thought into, but you should buy as large an amount as possible.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like crashing into a ditch, hitting a parking meter, scraping a guard rail, damaging your car on a curb and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses such as funeral costs, pain medications and EMT expenses. They are often utilized in addition to your health insurance policy or if you do not have health coverage. It covers all vehicle occupants and will also cover being hit by a car walking across the street. PIP is not available in all states and gives slightly broader coverage than med pay

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like falling objects, hail damage, theft and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Mercedes-Benz SL-Class.

Since a lot of drivers 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.