How Much Does 1998 Mercedes-Benz M-Class Insurance Cost?

If you are a novice to online auto insurance shopping, it’s easy to get confused by the vast number of online companies selling insurance.

Don’t pay full price with these discounts

Companies don’t list all available discounts in a way that’s easy to find, so here is a list both the well known and the more hidden ways to save on insurance.

  • Seat Belt Usage – Using a seat belt and requiring all passengers to use a seat belt could save 15% off the personal injury premium cost.
  • No Claims – Good drivers with no accidents pay much less when compared with accident-prone drivers.
  • Theft Prevention System – Vehicles with anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Discount for Swiching Early – Some insurance companies reward drivers for buying a policy before your current expiration date. The savings is around 10%.
  • Discounts for Safe Drivers – Insureds without accidents can get discounts for up to 45% lower rates on M-Class coverage than drivers with accidents.

It’s important to understand that many deductions do not apply to the entire cost. Some only apply to individual premiums such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, you’re out of luck.

Companies who might offer these benefits are:

Check with each company how you can save money. Discounts might not be offered in your area.

Which Car Insurance is Cheapest?

There are several ways of comparing price quotes and find the best price. The easiest way by far to find competitive 1998 Mercedes-Benz M-Class insurance rates consists of shopping online. This is very easy and can be done in a couple of different ways.

The fastest way to get quotes for comparison would be an industry-wide quote request form (click to open form in new window). This type of form prevents you from having to do repetitive form submissions for each company. Just one form compares rates instantly. It’s the fastest way to compare.

A more difficult way to compare rate quotes is spending the time to visit each company’s website to complete a price quote. For sake of this example, let’s say you want to compare Liberty Mutual, Farmers and Allstate. To get each rate you have to go to every website to input your insurance information, and that’s why the first method is more popular.

For a handy list of car insurance company links in your area, click here.

Whichever method you choose, make absolute certain that you use exactly the same coverages and limits with each company. If the quotes have mixed coverages you will not be able to make a fair comparison for your Mercedes-Benz M-Class. Slightly different coverages can make a big difference in price. Keep in mind that comparing more company’s prices will enable you to find a lower rate.

Your personal situation dictates your coverage

When it comes to choosing the best insurance coverage coverage, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

For instance, these questions could help you determine whether you would benefit from an agent’s advice.

  • How can I force my company to pay a claim?
  • What if I owe more than I can insure my car for?
  • Does medical payments coverage apply to all occupants?
  • Do I need roadside assistance coverage?
  • Am I covered if I break a side mirror?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • How high should deductibles be on a 1998 Mercedes-Benz M-Class?
  • Do I need to file an SR-22 for a DUI in my state?
  • Am I covered if hit by an uninsured driver?

If you’re not sure about those questions but you know they apply to you, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form.

Insurance coverage breakdown

Having a good grasp of a insurance policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Liability auto insurance

This coverage will cover damage that occurs to a person or their property in an accident. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery.

Liability coverage protects against things like medical expenses, structural damage, medical services and bail bonds. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage protection

This covers damage to your M-Class resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a building, driving through your garage door, sustaining damage from a pot hole, crashing into a ditch and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible to bring the cost down.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like dental work, prosthetic devices, funeral costs and pain medications. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your 1998 Mercedes-Benz M-Class.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Comprehensive coverage

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

Comprehensive can pay for things such as damage from a tornado or hurricane, damage from getting keyed and hitting a deer. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

A fool and his money are soon parted

Insureds who switch companies do it for a number of reasons such as extreme rates for teen drivers, unfair underwriting practices, delays in responding to claim requests and poor customer service. Whatever your reason, switching companies is actually quite simple.

Cheap 1998 Mercedes-Benz M-Class insurance is possible both online as well as from independent agents, and you should compare price quotes from both to have the best rate selection. Some insurance companies don’t offer online price quotes and these smaller companies work with independent agents.

As you restructure your insurance plan, you should never skimp on coverage in order to save money. In too many instances, an accident victim reduced full coverage to discover at claim time that the small savings ended up costing them much more. The aim is to get the best coverage possible for the lowest price.

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