Lower Your 2010 Mercedes-Benz M-Class Car Insurance Rates

Trying to find lower auto insurance rates for your Mercedes-Benz M-Class? Searching for low-cost insurance for a Mercedes-Benz M-Class could be a painful process, but you can learn a few tricks to find lower rates.

There are more efficient ways to find auto insurance online so we’re going to tell you the best way to compare rates for a new or used Mercedes-Benz and obtain the lowest possible price from both online companies and local agents.

It’s a great practice to get comparison quotes at least once a year due to the fact that insurance rates tend to go up over time. Just because you had the lowest price on M-Class insurance on your last policy there may be better deals available now. Block out anything you think you know about auto insurance because you’re about to find out one of the quickest ways to find the best coverage while lowering your premiums.

How to Compare Auto Insurance Costs

Getting a cheaper price on 2010 Mercedes-Benz M-Class insurance isn’t really that difficult. All that’s required is to spend a little time comparing rates provided by online insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The single most time-saving way to get quotes for comparison is to use a rate comparison form click here to open form in new window. This method eliminates the need for repetitive form submissions for each company. Completing one form will return quotes from all major companies. Recommended for those who want to invest the least amount of time.
  2. A more difficult way to shop for auto insurance online requires visiting the website for each individual company to complete their respective quote request forms. For example, we’ll pretend you want rates from State Farm, Safeco and Liberty Mutual. To get each rate you have to visit each site and enter your policy data, which is why the first method is quicker. To view a list of companies in your area, click here.

Which method you use is up to you, but ensure you’re using identical coverages and limits for every quote you compare. If you have different values for each quote you will not be able to determine the best price for your Mercedes-Benz M-Class.

Discounts mean cheaper Mercedes-Benz M-Class insurance rates

The price of auto insurance can be rather high, but there could be available discounts that can drop the cost substantially. Some trigger automatically at the time of purchase, but some may not be applied and must be specifically requested prior to receiving the credit. If they aren’t giving you every credit available, you’re just leaving money on the table.

  • Passive Restraints – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
  • Sign Online – Certain companies will give a small break simply for signing online.
  • Seat Belts Save – Requiring all passengers to use a seat belt can save up to 15% off your medical payments premium.
  • Defensive Driving Course – Successfully completing a driver safety course could cut 5% off your bill if your company offers it.
  • No Charge for an Accident – A few companies permit an accident before raising your premiums if your claims history is clear for a particular time prior to the accident.
  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% less on M-Class insurance than drivers with accidents.
  • Good Students Pay Less – This discount can earn a discount of 20% or more. The discount lasts up to age 25.
  • Bundle and Save – If you insure your home and vehicles with one insurance company you could get a discount of 10% to 20% off each policy.

It’s important to understand that most discounts do not apply to all coverage premiums. Some only reduce individual premiums such as physical damage coverage or medical payments. Just because it seems like you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will help reduce your overall premium however.

To see a list of insurers with the best insurance discounts, click here.

What determines your Mercedes-Benz M-Class insurance premium

It’s important that you understand the rating factors that help determine insurance rates. Knowing what impacts premium levels empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

  • Don’t get talked into coverage you don’t need – There are a ton of add-on coverages that you can buy when buying insurance. Insurance for rental car reimbursement, towing coverage and membership fees may be wasting your money. They may seem good at first, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Where you reside plays a part – Being located in small towns and rural areas has it’s advantages when it comes to insurance. Drivers in populated areas regularly have congested traffic and longer commutes to work. Lower population means reduced accidents.
  • Multi-policy discounts can save money – Some insurance companies will give a discount to policyholders who consolidate policies with them in the form of a multi-policy discount. Even though this discount sounds good, you still need to comparison shop to ensure the best deal. Drivers may still find a better deal by buying insurance from more than one company.
  • Being married is a good thing – Having a wife or husband can actually save you money on your policy. Having a significant other is viewed as being more mature and responsible and statistics show drivers who are married are more cautious.
  • Car features impact rates – Purchasing a vehicle with anti-theft technology or alarm system can help bring down rates. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft.

Tailor your coverage to you

When choosing the best insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is a little different.

For instance, these questions might point out if you would benefit from professional advice.

  • Do I need added coverage for expensive stereo equipment?
  • How many claims can I have before being cancelled?
  • Who is covered by my policy?
  • Are rental cars covered under my policy?
  • What is covered by UM/UIM coverage?
  • Do I have coverage when pulling a U-Haul trailer?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and you can get the answers you need.

Coverages available on your policy

Knowing the specifics of a car insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

UM/UIM Coverage

This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

Because many people 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 very important. Frequently these coverages are identical to your policy’s liability coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like prosthetic devices, X-ray expenses, funeral costs, chiropractic care and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is only offered in select states and may carry a deductible

Collision insurance

This pays for damage to your M-Class from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as hitting a mailbox, colliding with a tree, sustaining damage from a pot hole and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like a tree branch falling on your vehicle, fire damage, damage from flooding, hitting a bird and falling objects. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability

This coverage can cover damage that occurs to other’s property or people in an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Occasionally you may see a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers things like repair bills for other people’s vehicles, structural damage, emergency aid, loss of income and repair costs for stationary objects. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Find Good Coverage for Less

We’ve covered some good ideas how to compare 2010 Mercedes-Benz M-Class insurance prices online. The key concept to understand is the more price quotes you have, the better your chances of lowering your rates. Consumers may even find the lowest premiums are with the least-expected company.

Cheap insurance can be sourced on the web and with local insurance agents, and you need to price shop both in order to have the best chance of saving money. There are still a few companies who do not offer online price quotes and many times these smaller companies only sell through independent insurance agents.

People change insurance companies for a number of reasons such as policy non-renewal, extreme rates for teen drivers, denial of a claim or even lack of trust in their agent. Whatever your reason, finding a new company is pretty simple and you could end up saving a buck or two.

Much more information about insurance coverage is available on the following sites: