How Much Does 2010 Mercedes-Benz GL-Class Insurance Cost?

Searching for lower insurance coverage rates for your Mercedes-Benz GL-Class? Are you a victim of overpriced insurance coverage? Believe me, there are a lot of people just like you who feel imprisoned by their insurance coverage policy.

Having so many insurance providers from which to choose, it can be impossible to find the lowest cost insurer.

It’s a good habit to compare prices yearly due to the fact that insurance rates are constantly changing. If you had the best rates for GL-Class insurance six months ago there may be better deals available now. So just ignore everything you know about insurance coverage because we’re going to show you the fastest and easiest way to find lower rates on insurance coverage.

Choosing the best insurance company for you is quite easy. If you currently have car insurance, you should be able to reduce your rates substantially using this strategy. But car owners must understand the methods companies use to price insurance differently because it can help you find the best coverage.

Factors that can influence Mercedes-Benz GL-Class insurance rates

It’s important that you understand the factors that play a part in calculating the price you pay for auto insurance. Understanding what influences your rates enables informed choices that will entitle you to big savings.

Shown below are a few of the “ingredients” auto insurance companies consider when setting prices.

  • A lapse in coverage is a bad thing – Driving without insurance is a misdemeanor and as a result your rates will increase for letting your insurance expire. And not only will insurance be more expensive, but being ticketed for driving with no insurance will get you a revoked license or a big fine.You may need to provide proof of insurance in the form of an SR-22 filing with your state DMV.
  • Lower rates with optional equipment – Choosing a vehicle with a theft deterrent system can get you a discount on your auto insurance. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart car theft.
  • Your age impacts your rates – Teenage drivers are statistically proven to be careless and easily distracted behind the wheel so they pay higher auto insurance rates. Parents adding a youthful driver to your policy can really hurt. Older drivers are more cautious drivers, tend to cause fewer accidents and get fewer tickets.
  • Small claims can cost you – If you frequently file small claims, you can definitely plan on higher rates. Auto insurance companies give lower rates to insureds who do not file claims often. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.
  • Where do you drive? – The more miles you rack up on your Mercedes-Benz every year the more you will pay for auto insurance. Most insurance companies apply a rate based upon how you use the vehicle. Autos that are left in the garage qualify for better rates than those used for commuting. Having the wrong rating on your GL-Class can result in significantly higher rates. Verify your auto insurance policy shows how each vehicle is driven.
  • Better crash test results mean better rates – Cars with high safety ratings can get you lower premiums. Safer cars protect occupants better and lower injury rates translates into fewer and smaller insurance claims and lower rates for you. If your Mercedes-Benz GL-Class earned at least four stars on Safercar.gov you are probably receiving a discount.

Which Insurance is Cheapest?

There are a lot of ways to compare insurance quotes, but one way is less time-consuming than others. You can spend your afternoon talking to insurance agencies in your area, or you can utilize online quoting to accomplish the same thing much quicker.

The majority of car insurance companies participate in an industry program that enables customers to complete one form, and every company can provide price quotes based on that information. This prevents consumers from doing quotation requests for every insurance company.

To find out what other companies charge for 2010 Mercedes-Benz GL-Class insurance click here to open in new window.

One minor caviat to using this type of form is buyers cannot specifically choose the insurers to get pricing from. So if you want to select from a list of companies to compare, we have a page of the cheapest insurance companies in your area. Click to view list.

Whichever way you use, be sure to compare apples-to-apples coverage limits and deductibles for each comparison quote. If each company quotes different liability limits it’s impossible to decipher which rate is best. Quoting even small variations in coverage limits can mean a large discrepancy in price. Just remember that obtaining a wide range of quotes helps locate the best offered rates.

Do drivers who switch really save $468 a year?

Companies like 21st Century, Allstate and State Farm constantly bombard you with ads on television and other media. All the ads make the same claim of big savings if you switch to their company. But how can every company make the same claim?

Insurance companies have a certain “appetite” for the driver that is profitable for them. For instance, a profitable customer could possibly be over the age of 50, a clean driving record, and drives less than 7,500 miles a year. Any new insured who meets those qualifications will qualify for the lowest rates and therefore will save when they switch companies.

Potential insureds who don’t qualify for the “perfect” profile will be quoted higher premiums and this can result in the driver buying from a lower-cost company. The ads state “drivers who switch” not “people who quote” save that much. That’s why insurance companies can state the savings. This emphasizes why you need to get as many quotes as possible. It’s not possible to predict which insurance companies will provide you with the cheapest Mercedes-Benz GL-Class insurance rates.

Discounts can save BIG

Car insurance companies do not list all available discounts very clearly, so the following is a list of both well-publicized and the harder-to-find ways to save on car insurance.

  • 55 and Retired – If you qualify as a senior citizen, you may be able to get a discount up to 10% for GL-Class insurance.
  • Federal Government Employee – Employees or retirees of the government can save as much as 8% for GL-Class insurance with certain companies.
  • Clubs and Organizations – Belonging to certain professional organizations could qualify you for a break when shopping for car insurance for GL-Class insurance.
  • Multiple Cars – Buying coverage for all your vehicles on the same car insurance policy may reduce the rate for each vehicle.
  • Passive Restraints – Cars that have air bags and/or automatic seat belt systems can receive discounts of 20% or more.
  • Homeowners Pay Less – Simply owning a home may trigger a car insurance policy discount because maintaining a house shows financial diligence.
  • Service Members Pay Less – Having a family member in the military may qualify for rate reductions.
  • Sign Early and Save – Select companies give a discount for buying a policy before your current policy expires. It can save you around 10%.
  • Theft Prevention Discount – Anti-theft and alarm systems are stolen less frequently and will save you 10% or more.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only reduce the price of certain insurance coverages like comp or med pay. Just because it seems like it’s possible to get free car insurance, it doesn’t quite work that way.

For a list of companies with the best car insurance discounts, click this link.

Will just any policy work for me?

When it comes to choosing the best insurance coverage for your vehicles, there really is no one size fits all plan. Each situation is unique and a cookie cutter policy won’t apply. These are some specific questions may help highlight whether you could use an agent’s help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Can I still get insurance after a DUI?
  • Should I have a commercial auto policy?
  • Is there coverage for injuries to my pets?

If you don’t know the answers to these questions but you think they might apply to your situation then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area.

Car insurance 101

Having a good grasp of your policy aids in choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by car insurance companies.

Collision coverage

This pays for damage to your GL-Class from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as hitting a parking meter, hitting a mailbox, rolling your car and scraping a guard rail. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist coverage

This provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Mercedes-Benz GL-Class.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto liability insurance

This coverage will cover damage or injury you incur to a person or their property by causing an accident. It protects you against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 that translate to $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 can pay for claims like legal defense fees, attorney fees, loss of income, funeral expenses and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as much as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for hospital visits, rehabilitation expenses, doctor visits, dental work and X-ray expenses. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available and may carry a deductible

Comprehensive coverage

This coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers claims like hail damage, hitting a bird, damage from flooding, a broken windshield and vandalism. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

One last thing

Cost effective 2010 Mercedes-Benz GL-Class insurance is attainable both online as well as from independent agents, so you should compare both in order to have the best chance of saving money. Some auto insurance companies don’t offer online price quotes and many times these small insurance companies only sell through independent insurance agents.

When shopping online for auto insurance, do not skimp on coverage in order to save money. Too many times, drivers have reduced physical damage coverage and discovered at claim time that it was a big error on their part. The ultimate goal is to purchase plenty of coverage for the lowest price while still protecting your assets.

We just showed you quite a bit of information on how to reduce insurance prices online. The most important thing to understand is the more providers you compare, the better chance you’ll have of finding lower rates. Drivers may discover the lowest priced auto insurance comes from the least-expected company. Smaller companies can often provide lower rates in certain areas than the large multi-state companies such as State Farm, Geico and Nationwide.

More detailed auto insurance information can be found in these articles: