How Much Does 2008 Mercedes-Benz G-Class Insurance Cost?

Scraping up a payment for overpriced Mercedes-Benz G-Class insurance can overdraw your bank account and put the squeeze on your family’s finances. Comparing price quotes is a smart way to tighten up your finances. Since consumers have many companies to choose from, it’s difficult to choose the lowest cost provider.

Buying car insurance is quite easy. If you have a current insurance coverage policy or are shopping for new coverage, you can use these techniques to find the best rates while maximizing coverage. Consumers only need an understanding of the proper methods to compare price quotes on the web.

Insurance Coverage Prices

Effectively comparing insurance coverage prices can be exhausting if you aren’t aware of the best way to get rate quotes. You could waste time driving to insurance agencies in your area, or you could use the web to quickly compare rates.

Most major companies take part in a program that enables customers to complete one form, and every company then gives them pricing based on the submitted data. This prevents consumers from doing quotation requests for each company.

To enter your information into the quoting system, click here to open in new window.

The only drawback to getting quotes like this is buyers cannot specifically choose the providers you want to price. So if you want to choose from a list of companies to compare rates, we have a listing of insurance coverage companies in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but ensure you’re using exactly the same coverage limits and deductibles for every company. If you are comparing different liability limits it will be next to impossible to determine which rate is truly the best.

Discounts are great for lower rates

Companies that sell car insurance do not advertise all their discounts very clearly, so we researched both well-publicized as well as the least known ways to save on insurance. If you’re not getting every credit possible, you are throwing money away.

  • Government Employees – Simply working for the federal government can earn a discount up to 10% on G-Class insurance with select insurance companies.
  • Passive Restraint Discount – Factory air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
  • Distant Student – Youth drivers who live away from home and do not have access to a covered vehicle can receive lower rates.
  • Use Seat Belts – Drivers who require all occupants to buckle their seat belts can save 10% or more off your PIP or medical payments premium.
  • Life Insurance – Some companies give a discount if you purchase life insurance from them.
  • Organization Discounts – Belonging to a civic or occupational organization could trigger savings when shopping for insurance on G-Class insurance.
  • Multiple Policy Discount – When you have multiple policies with one insurance company you will save 10% to 20% off each policy.
  • Driver Safety – Completing a course in driver safety could cut 5% off your bill if you qualify.
  • Discount for Swiching Early – A few companies offer discounts for buying a policy prior to your current policy expiring. The savings is around 10%.

A little note about advertised discounts, some credits don’t apply to the entire cost. The majority will only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like you could get a free insurance policy, companies wouldn’t make money that way.

To see a list of providers offering insurance discounts, follow this link.

Mercedes-Benz G-Class insurance rates can be determined by these details

An important part of buying insurance is that you know the different types of things that come into play when calculating your insurance rates. Having a good understanding of what impacts premium levels allows you to make educated decisions that could result in much lower annual insurance costs.

  • Mature drivers pay less – More mature drivers are more cautious drivers, tend to file fewer claims and are safer drivers. Teenage drivers tend to get distracted easily when driving and because of this, their insurance rates are much higher.
  • Optional equipment can affect rates – Owning a car with an alarm system can help bring down rates. Anti-theft devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent car theft.
  • Your occupation can affect rates – Did you know your insurance rates can be affected by your occupation? Occupations such as doctors, executives and financial analysts tend to pay higher average rates due to high stress and lengthy work days. Conversely, occupations like pilots, engineers and homemakers have the lowest average rates on G-Class insurance.
  • Where you live – Living in less populated areas has it’s advantages when buying insurance. Fewer people translates into fewer accidents and a lower car theft rate. Urban drivers tend to have congested traffic and longer commutes to work. Longer commute distances translates into higher accident risk.
  • More claims means more premium – If you frequently file small claims, you can pretty much guarantee either policy cancellation or increased premiums. Companies award discounts to insureds who do not file claims often. Your insurance policy is intended for the large, substantial claims.
  • Are you male or female? – Statistics show that women are safer drivers than men. That doesn’t necessarily mean that women are BETTER drivers than men. Women and men cause accidents at about the same rate, but the men cause more damage. Men also statistically have more aggressive citations like reckless driving and DUI. Teenage male drivers are several times more likely to be in an accident and are penalized with high insurance rates.
  • Proper usage rating affects rates – The higher the mileage driven every year the more you’ll pay to insure your vehicle. Almost all companies apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage get more affordable rates compared to those used for work or business. Make sure your insurance declarations sheet is rated on the correct usage for each vehicle. Incorrect usage on your G-Class may be costing you.

You may need specialized coverage

When it comes to choosing the best car insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions can help discover whether your personal situation might need professional guidance.

  • Do I have coverage for damage caused while driving under the influence?
  • Do I get a pro-rated refund if I cancel my policy early?
  • How much liability coverage do I need in my state?
  • What is no-fault insurance?
  • Can I rate high risk drivers on liability-only vehicles?
  • Am I covered when delivering products for my home-based business?
  • What is PIP insurance?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Specifics of your insurance policy

Having a good grasp of your policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are typical coverage types found on most insurance policies.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses like pain medications, doctor visits, X-ray expenses, ambulance fees and chiropractic care. They are used to fill the gap from your health insurance policy or if you lack health insurance entirely. They cover you and your occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims such as a tree branch falling on your vehicle, rock chips in glass and hitting a bird. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision protection

This coverage covers damage to your G-Class caused by collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision can pay for things like driving through your garage door, scraping a guard rail, backing into a parked car, colliding with another moving vehicle and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

This coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries sustained by your vehicle’s occupants and damage to your 2008 Mercedes-Benz G-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Liability auto insurance

This coverage will cover injuries or damage you cause to people or other property by causing an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for claims such as repair bills for other people’s vehicles, structural damage, repair costs for stationary objects and loss of income. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Final considerations

When shopping online for insurance coverage, it’s very important that you do not buy less coverage just to save a little money. There are too many instances where someone dropped physical damage coverage and learned later that it was a big error on their part. Your aim should be to buy enough coverage for the lowest price.

Discount 2008 Mercedes-Benz G-Class insurance is definitely available online in addition to many insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance coverage companies do not provide online price quotes and most of the time these regional insurance providers sell through independent agents.

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