How Much Does 2004 Mercedes-Benz G-Class Insurance Cost?

Looking for cheaper auto insurance rates for your Mercedes-Benz G-Class? If shopping for auto insurance online is new to you, you may be overwhelmed because of the huge number of online companies all offering big savings.

Finding affordable coverage is not that difficult. If you have car insurance now, you will most likely be able to save some money using this strategy. Although drivers need to learn how companies market on the web and take advantage of how the system works.

Pay less for Mercedes-Benz G-Class insurance

Car insurance companies do not list all their discounts in a way that’s easy to find, so the following is a list of some of the more common and the more hidden savings tricks you should be using.

  • Payment Method – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save up to 5%.
  • E-sign – Certain companies will give a small break simply for signing digitally online.
  • Discount for Life Insurance – Larger companies have a discount if you purchase life insurance from them.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you may earn at least 10% off all policies.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy could earn a price break for each car.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can receive discounts of up to 25% or more.
  • Senior Discount – If you’re over the age of 55, you may qualify for a discount up to 10% on G-Class coverage.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts could save 15% off your PIP or medical payments premium.

Drivers should understand that most credits do not apply to all coverage premiums. Some only reduce the cost of specific coverages such as medical payments or collision. 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.

To see a list of insurers with the best car insurance discounts, click this link.

Insurance Prices

The are a couple different ways of comparing rate quotes from different insurance companies. The best way to find the cheapest 2004 Mercedes-Benz G-Class insurance rates consists of obtaining rate quotes online. This can be done in a couple of different ways.

  1. Probably the best way to find the lowest comparison rates would be an industry-wide quote request form like this one (opens in new window). This easy form prevents you from having to do separate quotes for every insurance company. One form submission will get you price quotes from multiple low-cost companies. It’s the fastest way to compare.
  2. A slightly less efficient method to shop for insurance online is going to the website of each company to complete their respective quote request forms. For example, let’s say you want rates from Allstate, 21st Century and GMAC. To get each rate you have to take the time to go to each site to input your insurance information, which is why the first method is quicker.

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

  3. The least efficient method to get comparison rates is driving to different agent offices. Shopping for insurance online can eliminate the need for a local agent unless you require the professional guidance of a local agent. However, consumers can get the lowest quotes online but buy from a local insurance agent. We’ll cover that shortly.

It’s your choice how you get your quotes, but ensure you’re using apples-to-apples coverages with each company. If you have mixed coverages then you won’t be able to determine which rate is truly the best. Quoting even small variations in coverages can make a big difference in price. It’s important to know that comparing a large number of companies provides better odds of finding better pricing.

Mercedes-Benz G-Class rates are complex

Consumers need to have an understanding of the different types of things that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively impacts premium levels allows you to make educated decisions that may reward you with lower auto insurance prices.

Shown below are a partial list of the pieces companies use to determine rates.

  • More claims means more premium – Auto insurance companies give cheaper rates to people who file claims infrequently. If you file claims often, you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Sex matters – The statistics show that women are safer drivers than men. However, this does not mean women are better drivers. Women and men are in accidents at about the same rate, but men have costlier accidents. Men also get cited for more serious violations like DUI and reckless driving. Youthful male drivers are the most expensive to insure and therefore have the most expensive auto insurance rates.
  • Bad driving skills means higher rates – Drivers with clean records have lower premiums than people who have multiple driving citations. Even a single ticket may increase your cost twenty percent or more. Drivers who get severe violations like hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form to the state department of motor vehicles in order to drive a vehicle legally.
  • Multi-policy discounts can save money – Many companies will award you with lower prices to customers who buy several policies from them. It’s known as a multi-policy discount. Discounts can add up to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s in your best interest to shop around to make sure you are getting the best deal.
  • Rural vs Urban Areas – Being located in a small town can be a good thing when insuring your vehicles. Drivers who live in large cities have to deal with much more traffic and longer commute times. Fewer drivers means reduced accidents as well as less vandalism and auto theft.

Tailor your coverage to you

When it comes to choosing the best auto insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Every situation is different.

For example, these questions could help you determine whether or not you could use an agent’s help.

  • When would I need rental car insurance?
  • Are split liability limits better than a combined single limit?
  • Are my friends covered when driving my car?
  • Am I covered if I crash into my own garage door?
  • Am I covered when driving someone else’s vehicle?
  • Am I covered when pulling a rental trailer?
  • Where can I find high-risk insurance?
  • Am I covered when delivering products for my home-based business?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to an insurance agent. To find an agent in your area, take a second and complete this form.

Learn about insurance coverages for a 2004 Mercedes-Benz G-Class

Learning about specific coverages of your policy can be of help when determining the best coverages for your vehicles. Insurance terms can be impossible to understand and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as hitting a deer, a broken windshield, rock chips in glass and falling objects. The maximum amount a insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability auto insurance

Liability coverage can cover damage that occurs to other’s property or people by causing an accident. It protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like attorney fees, repair costs for stationary objects, funeral expenses and emergency aid. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Mercedes-Benz G-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Insurance for medical payments

Coverage for medical payments and/or PIP pay for immediate expenses such as prosthetic devices, chiropractic care, ambulance fees, rehabilitation expenses and EMT expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Auto collision coverage

Collision insurance will pay to fix damage to your G-Class resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as sideswiping another vehicle, backing into a parked car, hitting a parking meter and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible to save money on collision insurance.

The bottom line

As you shop your coverage around, it’s very important that you do not reduce needed coverages to save money. There have been many situations where an insured dropped full coverage and discovered at claim time that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible for the lowest price, not the least amount of coverage.

Cheap 2004 Mercedes-Benz G-Class insurance is available both online in addition to many insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers do not provide online price quotes and most of the time these small, regional companies sell through independent agents.

We just covered many tips how you can shop for insurance online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the most savings is with an unexpected company.

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