GL Class (X164) 2007-2012: GL320CDI, GL420CDI, GL450, GL550

gl550 owners... how much is your insurance?

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Old Sep 9, 2009 | 05:41 PM
  #1  
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2007 ML 500
gl550 owners... how much is your insurance?

i'm using ameriprise auto and they didnt have the 09 gl550 or 08 in their system so they had to add it manually.

for 6 months it's going to cost $725.90 for the following coverage..

bodily injury
$250,000 per person/ $500,000 per accident

property damage
$100,000

collision and comprehensive deductibles both at $500
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Old Sep 9, 2009 | 08:50 PM
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I pay $530/6mo. I have $100M/300M for bodily injury but that is only $70 a year, not really a big component. Other cov is the same as yours. I use Erie. It was not prob to add my vehicle. Insurance varies wildly by state though. I'm in Ohio.

Last edited by 43221B; Sep 9, 2009 at 11:47 PM.
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Old Sep 9, 2009 | 10:59 PM
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Originally Posted by 43221B
I pay $530/6mo. I have $100M/300M for bodily injury but that is only $70 a year, no really a big component. Other cov is the same as yours. I use Erie. It was not prob to add my vehicle. Insurance varies wildly by state though. I'm in Ohio.
A hundred million and three hundred million?! Good greif! I do hope you mean $100K/$300K!
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Old Sep 9, 2009 | 11:46 PM
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Originally Posted by StevethePilot
A hundred million and three hundred million?! Good greif! I do hope you mean $100K/$300K!
M represents three zeros. That's the notation Erie Insurance uses on their policy statement. I remember back in my college accounting days something about using M to represent thousands. MM represents millions if I'm not mistaken. I'm sure there are some finance guys on here that can clear things up for us.

Last edited by 43221B; Sep 9, 2009 at 11:49 PM.
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Old Sep 10, 2009 | 11:25 AM
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Originally Posted by 43221B
M represents three zeros.
Ahh. Never seen that. It's always been "K" for thousand (i.e. representing three zeros) for me. Although in computers, K actually represents 1024 ... but I digress.

S
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Old Sep 11, 2009 | 11:19 AM
  #6  
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Here in suburban NY, I pay $863/ 6 months for coverage similar to what you quote but $1000 deductibles. My 09 Charger is over $1100 at about half the value, but probably a target of insurance companies...
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Old Sep 15, 2009 | 04:03 PM
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my 6 month policy is $470 with a deductible of $500.

My liability is way lower than every else though apparently. I have $25,000/$50,000 per person/accident and $25,000 for property damage. Wondering if that's substantially too low based on everyone else's numbers. I dont think I've ever changed them on been on USAA for about 17 years (I'm 33).
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Old Sep 15, 2009 | 04:12 PM
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I just updated to $100,000/$300,000 per person/accident and $100,000 property damage.

new 6-month policy is $521. Worth the extra $8 per month IMO
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Old Sep 15, 2009 | 05:26 PM
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Originally Posted by 43221B
M represents three zeros. That's the notation Erie Insurance uses on their policy statement. I remember back in my college accounting days something about using M to represent thousands. MM represents millions if I'm not mistaken. I'm sure there are some finance guys on here that can clear things up for us.
Originally Posted by StevethePilot
Ahh. Never seen that. It's always been "K" for thousand (i.e. representing three zeros) for me. Although in computers, K actually represents 1024 ... but I digress.

S
M is 1000 in Roman numerals. I've never seen it used in that context however.
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Old Sep 15, 2009 | 06:42 PM
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Originally Posted by AsianML
M is 1000 in Roman numerals. I've never seen it used in that context however.
Ever been on a 10M run?

They're always called 10K.

K = kilo

kilometer = 1000 meters
kilogram = 1000 grams.

http://en.wikipedia.org/wiki/SI_prefix

Last edited by lkchris; Sep 15, 2009 at 06:45 PM.
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Old Sep 15, 2009 | 10:12 PM
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Originally Posted by lkchris
Ever been on a 10M run?

They're always called 10K.

K = kilo

kilometer = 1000 meters
kilogram = 1000 grams.

http://en.wikipedia.org/wiki/SI_prefix
OK

Last edited by 43221B; Sep 15, 2009 at 10:20 PM. Reason: I had somewhat of a smart%^* response that was unnecessary.
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Old Sep 15, 2009 | 11:00 PM
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Originally Posted by 43221B
M represents three zeros. That's the notation Erie Insurance uses on their policy statement. I remember back in my college accounting days something about using M to represent thousands. MM represents millions if I'm not mistaken. I'm sure there are some finance guys on here that can clear things up for us.
yea, everyone in the financial sector uses M and MM
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Old Sep 15, 2009 | 11:01 PM
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Originally Posted by Franman
I just updated to $100,000/$300,000 per person/accident and $100,000 property damage.

new 6-month policy is $521. Worth the extra $8 per month IMO
yea it is, i'm surprised you were able to get away with such a low liability coverage.
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Old Sep 15, 2009 | 11:56 PM
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$880 for 500K CSL for 6 mo., but includes a second driver and car (SL.) I haven't check to see which car costs more, but I have a hunch.
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Old Sep 16, 2009 | 08:34 AM
  #15  
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Originally Posted by vinceching
yea, everyone in the financial sector uses M and MM
Thanks, it's good to know my insurance company hasn't been printing my statements with typos on them for the past 5 years... and that I actually remembered something from college!
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Old Sep 17, 2009 | 06:49 PM
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From: Seattle, WA
2008 GL 550
6 month policy, GEICO, $861.50 per month

Bodily Injury liability 300k/300k
property damage liability 100k
underinsured motorist 300k/300k
underinsured motorist property damage 10k
comp $500 deductible
collision $500 deductible
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Old Sep 17, 2009 | 08:53 PM
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Originally Posted by slim nicky
6 month policy, GEICO, $861.50 per month
You mean every 6 months, I hope. Else it's time to switch, my friend
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Old Sep 18, 2009 | 11:28 AM
  #18  
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Originally Posted by oknish
You mean every 6 months, I hope. Else it's time to switch, my friend
Indeed! Yes, every 6 months! It may still be time to switch though...
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Old Sep 18, 2009 | 01:15 PM
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Paying $1100/yr for 100k/300k for two drivers from nationwide
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Old Sep 8, 2023 | 06:36 PM
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07 GL450
mine used to be in the $150 range until I totaled my 2007 gl450 and now I'm paying closer to $380
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Old Sep 11, 2023 | 09:32 AM
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Originally Posted by GelandewagenNub
mine used to be in the $150 range until I totaled my 2007 gl450 and now I'm paying closer to $380
What, for liability only?
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Old Sep 11, 2023 | 10:54 AM
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From: Ibadan, Nigeria
2009 GL450
$5.26 in Nigeria.

But it’s Nigeria so all bets are off 🤠
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Old Sep 11, 2023 | 02:45 PM
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From: Denver
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$115 a month for 2012 GL550 and $110 for 2011 E350 thru State Farm in US
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