Mercedes-Benz cars and SUVs are among the finest luxury vehicles on the road today. They offer performance, safety and reliability in one package. If you are considering purchasing a Mercedes-Benz, you likely have a lot of questions about these cars ranging from safety and performance to insurance considerations. If you already own one, you may be wondering if you are paying too much for your Mercedes-Benz insurance.
When you buy a Mercedes-Benz, you are making a large investment in your vehicle. You will want to be sure to protect your investment by including sufficient comprehensive coverage with your Mercedes-Benz insurance policy, so that if your car is stolen, vandalized or otherwise damaged while not on the road, you can receive compensation for your loss.
Unfortunately for owners of these luxury vehicles, Mercedes-Benz vehicles are frequently stolen. In fact, according to the National Insurance Crime Bureau, three Mercedes models made the list of most-frequently stolen vehicles in 2009, 2010 and 2011. The C-Class vehicles topped these ratings. Protect your vehicle with anti-theft devices, and be sure to get a comprehensive Mercedes-Benz car insurance policy.
Mercedes-Benz has a virtually untarnished reputation when it comes to safety and performance, and this works in your favor when it comes to insurance rates. All Mercedes-Benz vehicles currently in production come equipped with standard safety features such as anti-lock brakes, stability control, and front-impact airbags.
In addition to those common features, Mercedes has been developing many new safety innovations included on many of their new vehicles:
These safety features decrease your risk of an accident and insurance companies will take this into consideration when determining your insurance policy rates.
Mercedes-Benz offers a variety of models designed to suit most customers’ tastes. The 2014 models include:
MSRPs listed above are based on options available on most cars stocked on dealership lots. Of these cars, the most popular in the United States are the C-Class midsize luxury car, the E-Class large luxury car, and the M-Class midsize sport utility vehicle.
The Mercedes-Benz C-Class Sedan
This medium-sized luxury sedan comes equipped with a 7-speed automatic transmission, a high-quality comfortable interior and a stylish exterior. Critics find it a fun and nimble car on the road, though they do say it is not the most maneuverable of the cars in its class. It gets decent gas mileage at 22 mpg in the city and 31 mpg on the highway, but these numbers are close to average for cars the midsize luxury car class. The backseat is not spacious but it is adequate for children.
The Insurance Institute for Highway Safety rated the 2013 version of these vehicles very highly for moderate overlap front collisions, side collisions, roof strength and head-restraints and seats. However, it gave this class of vehicle a poor rating for its handling of small overlap front collisions.
The Mercedes-Benz E-Class Sedan
This car was rated the 2013 Best Luxury Full Size Car Families by U.S. News and World Report. It comes equipped with a 7-speed automatic transmission, an ultra-luxurious interior and an elegant exterior. Though it doesn’t provide sporty handling, it does offer a smooth and comfortable ride. It gets fairly good gas mileage at 20 mpg in the city and 30 mpg on the highway, but these numbers are average for cars the large luxury car class. The front and back seats are both comfortable and spacious.
The Insurance Institute of Highway Safety rated the 2013 version of this vehicle very highly for moderate overlap front-end collisions, side collisions, roof strength, head-restraints and seats. Because this car also has very high reliability ratings, it is top-choice among large luxury cars.
The Mercedes-Benz M-Class Sport Utility Vehicle
Performance is this vehicle’s strongest asset. It comes with a variety of powertrains including a V6, V8, a diesel and even a high-performance 518-horsepower AMG version, and all versions include a 7-speed automatic transmission. The interior of this 5-person SUV is comfortable and spacious and well-designed. Despite its high prices, however, the M-Class vehicles do not automatically include many of the options that are standard with most other vehicles in its class, so buyers must pay more to get options like leather seats, rear-view camera and push-button start. It gets reasonably good gas mileage at 18 mpg in the city and 23 mpg on the highway, which is slightly better than many SUVs in its class.
The Insurance Institute of Highway Safety rated the 2013 version of this vehicle very highly for moderate overlap front-end and side collisions, roof strength, head-restraints and seats. In addition to great safety ratings, these vehicles also score exceptionally well in terms of reliability.
Though high safety ratings prevent insurance rates for Mercedes-Benz vehicles from becoming too costly, they are still expensive vehicles to insure. This is partially because the high cost of the vehicles necessitates that you purchase high levels of comprehensive coverage in order to be fully insured.
There is also the issue of liability insurance. Most Mercedes-Benz owners have assets worth protecting. A liability lawsuit following a collision for which you are responsible can result in heavy losses if you do not have sufficient liability coverage. For this reason, many Mercedes-Benz owners elect to purchase the highest level of liability coverage available.
Several Mercedes-Benz models made Forbes Magazine's recent list of the most expensive cars to insure. Average 2012 annual insurance costs for cars that made the list were:
If you do not want to spend this much for full-coverage insurance for your vehicle, this may not be the right car for you. But the good news is that if you have a clean driving record and many years behind the wheel, your rates may be lower than average.
Mercedes-Benz vehicles are expensive to purchase, own and insure, but for many drivers, these high-quality, luxury vehicles are the perfect choice. Before purchasing one of these highly-rated vehicles, be sure to factor in the cost of insurance when determining how much owning a Mercedes-Benz will cost you. If you already own a Mercedes-Benz, take a moment to review your current insurance policy to ensure that you are not overpaying for your coverage.
An independent insurance agent in the Trusted Choice network can help you determine whether you are protecting your assets with sufficient liability insurance, and can ensure that you are receiving your car insurance at the best rate. Contact a local agent now, and start comparing Mercedes-Benz car insurance quotes today.