2004 Mercedes-Benz M-Class Insurance Quotes

Want cheaper insurance coverage rates for your Mercedes-Benz M-Class? No one in their right mind likes paying for insurance coverage, particularly when the price is too high. Since consumers have many options when it comes to insurance coverage, it can be impossible to find the most affordable provider.

Why your Mercedes-Benz M-Class insurance rates may be high

It’s important that you understand the factors that come into play when calculating car insurance rates. Having a good understanding of what influences your rates empowers consumers to make smart changes that can help you get lower car insurance prices.

The list below includes a few of the “ingredients” used by your company to calculate your rates.

  • Don’t cancel a policy without a new one in place – Driving with no insurance is a misdemeanor and you will pay a penalty because you let your insurance expire. Not only will you pay more, getting caught without coverage can result in a steep fine or even jail time.
  • Rates may be higher depending on your occupation – Occupations like real estate brokers, executives and financial analysts are shown to have higher average rates due to job stress and lengthy work days. Conversely, jobs such as scientists, engineers and retirees pay the least for M-Class coverage.
  • Safe vehicles cost less to insure – Vehicles with good safety scores can get you lower premiums. Safe vehicles reduce injuries and lower injury rates means lower claim amounts and thus lower rates. If your Mercedes-Benz M-Class scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • How your age affects price – Mature drivers are more responsible, statistically cause fewer accidents and get fewer tickets. Teenage drivers tend to get distracted easily in a vehicle therefore car insurance rates are much higher.

These discounts can lower your rates

Properly insuring your vehicles can get expensive, but there could be available discounts to cut the cost considerably. Some trigger automatically when you complete an application, but some may not be applied and must be requested specifically before you will receive the discount. If they aren’t giving you every credit you deserve, you’re paying more than you need to.

  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
  • Good Student – Getting good grades can save 20 to 25%. Earning this discount can benefit you until age 25.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for a substantially lower rate.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same auto insurance policy qualifies for this discount.
  • Early Switch Discount – A few companies offer discounts for signing up prior to your current policy expiring. It’s a savings of about 10%.

Drivers should understand that some credits don’t apply to the entire policy premium. Most only apply to individual premiums such as physical damage coverage or medical payments. So even though they make it sound like having all the discounts means you get insurance for free, it doesn’t quite work that way. Any qualifying discounts will cut your premiums.

For a list of insurance companies with the best auto insurance discounts, click here.

Different people need different coverages

When buying adequate coverage, there is no best way to insure your cars. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that can help discover if your situation would benefit from an agent’s advice.

  • How can I get high-risk coverage after a DUI?
  • Can my teen driver be rated on a liability-only vehicle?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need rental car coverage?
  • Where can I find high-risk insurance?
  • Does my 2004 Mercedes-Benz M-Class need full coverage?
  • Am I covered if I crash into my own garage door?
  • How high should my medical payments coverage be?
  • Which is better, split liability limits or combined limits?
  • Why am I be forced to buy a membership to get insurance from some companies?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Car insurance 101

Understanding the coverages of a car insurance policy can help you determine the best coverages and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the normal coverages found on the average car insurance policy.

Liability car insurance

This provides protection from damages or injuries you inflict on other people or property in an accident. This insurance protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things such as repair bills for other people’s vehicles, loss of income, court costs and funeral expenses. How much coverage you buy is a personal decision, but you should buy higher limits if possible.

Collision insurance

This coverage pays for damage to your M-Class resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims such as backing into a parked car, driving through your garage door and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. You can also increase the deductible in order to get cheaper collision rates.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for short-term medical expenses for things like doctor visits, nursing services and ambulance fees. The coverages can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle from other motorists 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 your vehicle’s damage.

Since many 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 should not be overlooked. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Comprehensive coverage (or Other than Collision)

This covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like fire damage, rock chips in glass, damage from flooding and hitting a bird. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Saving money is sweet as honey

Affordable 2004 Mercedes-Benz M-Class insurance is possible both online and also from your neighborhood agents, so compare prices from both in order to have the best chance of saving money. Some auto insurance companies may not provide online price quotes and these smaller companies work with independent agents.

You just learned a lot of tips how to shop for insurance online. The key thing to remember is the more providers you compare, the better your chances of lowering your rates. You may even find the biggest savings come from an unexpected company. Some small companies often have lower prices on specific markets than the large multi-state companies such as Allstate, GEICO and Progressive.

Helpful information