Mercedes-Benz Insurance

Despite being a vehicle, your car is an investment or so says Mercedes. Then who better to protect it, than Mercedes itself? Merc insurance covers both personal lines car insurance and commercial vehicle insurance through Mercedes-Benz Financial Services.

Available to all new owners of a Mercedes-Benz, Mercedes insurance provides comprehensive car cover with a range of benefits that cover both the vehicle and the driver. The range of products includes credit shortfall insurance, deposit protector and long-term cover. Mercedes also offer home and contents insurance to their valued customers.

Merc insurance comprehensive cover

The Mercedes Benz comprehensive car cover includes accidental damage, vehicle theft, third-party accidental insurance, personal accident cover, lock and key replacement, emergency accommodation and vehicle rental. What’s more, Merc insurance guarantees that all repairs done on the vehicle are done at an approved MBX-SA manufacturer with genuine parts. The cover also includes legal liability cover up to R5 million.

Merc provide comprehensive vehicle insurance for both private individuals and commercial institutions. The following benefits, however, are only available for individual clients.

Merc Insurance shortfall cover

When a vehicle is written off, stolen or hijacked, the insurance company pays out the market value of the car at the time of loss. The market value though, factors in depreciation, making it lower than the finance amount, which is retail. The credit shortfall cover pays in the difference between the market value paid out by the insurance company and the retail amount owed to the bank.

Merc insurance deposit protector

To enable you to purchase a new vehicle in the event that it is lost, Mercedes Insurance will pay out 10% of the debt owed on the vehicle as a deposit for a new vehicle. This deposit is only paid out, though, once the principle debt has been settled from the claim by the insurance company. This is only available in the event of total loss of the vehicle (theft, hijacking and write-off).

Merc insurance long-term cover

As with other car brand insurance companies, Mercedes provides long-term insurance in the form of life, dread disease and disability cover. In the event that the owner of the vehicle dies, becomes disabled or contracts a serious illness, the benefit will pay the amount owed on the vehicle. The cover also includes certain benefits such as cover for credit in the event of hospitalization and temporary disability. It also includes funeral cover.

For more information, visit Mercedes Benz financial services website, or fill in our online form for a range of car insurance quotes.