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Mercedes-Benz 500-Class Insurance Quotes

You have many choices when looking for the best insurance on your Mercedes-Benz vehicle. You can either buy through your neighborhood insurance agent or shop online to compare pricing from many different companies. Comparing auto insurance from online companies is easy, in addition you will probably save money.

Beginners to comparing rates may think finding cheap 500-Class insurance can be quite difficult. Reducing your 500-Class insurance cost is actually quite simple. All that's required is to spend a few minutes on the computer comparing rates from different insurance companies. This can be done by visiting this page.

Criteria which help determine 500-Class insurance rates

Insurance rates for a Mercedes-Benz 500-Class can fluctuate considerably based upon several criteria. A few of these criteria are:

  • The performance level of your 500-Class
  • Accidents raise premiums
  • Home and auto can earn discounts
  • Use of your vehicle
  • Optional coverages like vehicle replacement
  • No claims lowers premiums
  • Maintaining coverage lowers rates
  • Owning a home can lower rates

One last important factor that can impact the rate you pay on your Mercedes-Benz is the year of manufacture. A newer vehicle have a higher value so repair costs are higher which may result in higher rates. But newer models may have options including forward-collision avoidance, automatic crash notification, and tire pressure monitors which may provide discounts that lower premiums.

To get more specific information about how much rates will be for your vehicle, select the year of your 500-Class from the following list.

Liability coverage

Liability insurance protects you from injuries or damage you cause to other people or property. Liability can pay for claims such as funeral expenses, loss of income, and emergency aid. Liability insurance is relatively cheap so purchase as high a limit as you can afford.

Collision coverage protection

This coverage pays for damage to your Mercedes-Benz caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder. 500-Class collision insurance is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive coverage

Comprehensive insurance will pay to fix 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. The most a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Coverage for uninsured or underinsured drivers

This coverage gives you protection when the "other guys" do not carry enough liability coverage. Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills for things like ambulance fees, surgery, and doctor visits. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. PIP is not available in all states but can be used in place of medical payments coverage.

How Much are Mercedes-Benz 500-Class Insurance Rates?