2007 Mercedes-Benz R-Class Car Insurance Rates

Comparing auto insurance rates online can be difficult if you are a beginner to online quoting. But don’t let that discourage you because finding affordable coverage online is easier than you think.

It’s smart to compare rates periodically because prices trend upward over time. Even if you think you had the best price for R-Class insurance a year ago you may be paying too much now. You can find a lot of misleading information regarding auto insurance on the internet, so we’re going to give you the best ways to reduce your auto insurance bill.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these techniques. Pricing affordable car insurance coverage is simple if you know the tricks. Although drivers must know how big insurance companies sell insurance online and use this information to your advantage.

Vehicle Insurance Comparison

Most major insurance companies allow you to get insurance quotes on their websites. Obtaining pricing is pretty easy as you just enter the coverage amounts you desire as requested by the quote form. Once you submit the form, their rating system collects reports for credit and driving violations and provides a quote based on many factors.

Being able to quote online makes it a lot easier to compare rates but the time it takes to visit multiple sites and fill out multiple forms is repetitive and time-consuming. But it is imperative to have as many quotes as possible if you want to find a better rate.

Quote rates the easy way

The preferred way to get multiple rate quotes uses one simple form that gets prices from a bunch of companies at once. The form is fast, eliminates form submissions, and makes price shopping online a little more enjoyable. Immediately after submitting the form, it is rated with multiple companies and you can pick your choice of the resulting price quotes.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and buy the new coverage. It takes just a few minutes to complete and may save quite a bit of money.

To quickly compare pricing, simply click here to open in new window and complete the simple form. If you have a policy now, it’s recommended you type in the coverages as shown on your current policy. This way, you will get a price comparison based on similar coverages.

Save $430 a year. For real?

Companies like Allstate and Progressive consistently run television and radio advertisements. All the ads make an identical promise of big savings if you change to them. How does each company make almost identical claims?

Different companies are able to cherry pick for the right customer that makes them money. An example of a desirable insured could possibly be between 30 and 50, is a homeowner, and has excellent credit. Any driver that hits that “sweet spot” is entitled to the best price and therefore will save when switching.

Potential customers who do not match the requirements will be quoted a higher premium which leads to the customer not buying. Company advertisements say “people who switch” not “everybody who quotes” save that much money. This is how insurance companies can advertise the savings.

This emphasizes why you absolutely need to get quotes from several different companies. It’s not possible to predict which insurance company will fit your personal profile best.

Mercedes-Benz R-Class insurance rates are influenced by…

Consumers need to have an understanding of the rating factors that help determine the rates you pay for insurance. Having a good understanding of what influences your rates empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.

  • Marriage pays dividends – Having a spouse helps lower the price on your policy. Having a spouse translates into being more responsible and statistics show being married results in fewer claims.
  • Never let your coverage lapse – Allowing your coverage to lapse will be a guaranteed way to bump up your insurance costs. Not only will rates go up, but being ticketed for driving with no insurance can result in a hefty fine and possibly a revoked license.You may need to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Your occupation can affect rates – Occupations like doctors, architects and financial analysts are shown to have higher average rates attributed to stressful work requirements and long work hours. Conversely, occupations such as actors, engineers and retirees pay the least for R-Class insurance.
  • Drive less and save money – The more miles you rack up on your Mercedes-Benz each year the more you will pay for insurance. Almost all companies rate vehicles based upon how you use the vehicle. Autos that are left in the garage get more affordable rates than vehicles that are driven to work every day. Improper usage on your R-Class may be wasting your money. Verify your insurance policy properly reflects how each vehicle is driven.

Are you getting all your discounts?

Insuring your vehicles can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Some trigger automatically at the time of quoting, but some must be inquired about prior to receiving the credit.

  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
  • Passive Restraints and Air Bags – Vehicles with factory air bags can qualify for discounts of more than 20%.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may save up to 50% more for R-Class insurance than drivers with accident claims.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks with the same company can get a discount on all vehicles.
  • Driver Safety – Taking a driver safety course could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt could cut 10% or more off your PIP or medical payments premium.
  • Club Memberships – Participating in a qualifying organization is a good way to get lower rates when buying insurance for R-Class insurance.
  • Anti-theft Discount – Cars that have factory anti-theft systems are stolen less frequently and will save you 10% or more.

It’s important to understand that most discounts do not apply to the entire cost. Most cut individual premiums such as liability, collision or medical payments. So when it seems like adding up those discounts means a free policy, insurance companies aren’t that generous. But any discount will cut your premiums.

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

Tailor your coverage to you

When choosing the right insurance coverage, there really is no “perfect” insurance plan. Everyone’s situation is a little different.

For instance, these questions could help you determine whether you could use an agent’s help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is a blown tire covered by insurance?
  • Do I need medical payments coverage since I have good health insurance?
  • If my 2007 Mercedes-Benz R-Class is totaled, can I afford another vehicle?
  • When can I cancel my policy?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I need PIP coverage since I have good health insurance?

If you’re not sure about those questions, you might consider talking to an agent. If you don’t have a local agent, take a second and complete this form.

Insurance specifics

Having a good grasp of insurance helps when choosing the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and reading a policy is terribly boring.

Collision coverage – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as crashing into a ditch, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Liability coverages – Liability insurance provides protection from injuries or damage you cause to other’s property or people. It protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as legal defense fees, attorney fees, emergency aid and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but buy as high a limit as you can afford.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP provide coverage for expenses for things like surgery, nursing services, dental work, rehabilitation expenses and funeral costs. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and will also cover getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists 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 R-Class.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive coverage – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, hitting a deer and damage from getting keyed. The most you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Smart shoppers get results

We just covered a lot of tips how to lower your 2007 Mercedes-Benz R-Class insurance rates. The key concept to understand is the more you quote, the higher your chance of finding lower rates. You may even find the most savings is with a company that doesn’t do a lot of advertising.

When shopping online for insurance coverage, you should never buy poor coverage just to save money. There are too many instances where someone dropped liability limits or collision coverage and learned later that the small savings ended up costing them much more. The ultimate goal is to purchase a proper amount of coverage at an affordable rate while not skimping on critical coverages.

Budget-conscious insurance is possible both online and with local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance coverage companies do not offer the ability to get a quote online and most of the time these regional insurance providers sell through independent agents.

Much more information about insurance coverage can be found at the links below