Topic: Insure Your Mercedes with Mercedes

[Autos_Editor]

Mercedes-Benz Financial Services Canada today announced the launch of First Class Insurance, an automobile insurance plan designed exclusively for Mercedes-Benz drivers.
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[quadzilla]

Key highlights of the First Class Insurance program include:

Preferred automobile insurance rates including multi-vehicle discounts
Repairs performed at a Mercedes-Benz approved collision centre
Genuine Mercedes-Benz replacement parts
New car replacement if a vehicle is a total loss within the first 5 years
Preferred residential insurance rates including multi-policy discounts

WOW. The first 5 years!  How much more will this insurance cost?

[Mike]

Key highlights of the First Class Insurance program include:

Preferred automobile insurance rates including multi-vehicle discounts
Repairs performed at a Mercedes-Benz approved collision centre
Genuine Mercedes-Benz replacement parts
New car replacement if a vehicle is a total loss within the first 5 years
Preferred residential insurance rates including multi-policy discounts

WOW. The first 5 years!  How much more will this insurance cost?

Mercedes Owners do not need to ask this question

[Mike]

But seriously, this is a Leaser's insurance rate.

Mercedes-Benz guarantees that their cars will be returned to them after the lease period in perfectly repaired condition using Mercedes-Benz parts.  Helps with CPO.

If the car is right off, the Leaser can just hop into another lease.

[Northernridge]

What's insurance? 

Currently MB like others (I think) has a mandatory lease insurance component that simply terminates the lease if the car is written off. For about $900 they also offer another lease insurance product that covers almost everything that normal car insurance doesn't. Things like worn tires and brakes, burnt out bulbs, dents, scratches, tears, window cracks...you name it. Basically it allows you to return a leased vehicle without fixing a thing.

I had this insurance previously and when I returned my car (end of lease), the dealership didn't inspect the car (didn't even look at it) before signing the vehicle return form. I could have had the car outside in pieces...which I didn't, it was in perfect condition.

[Northernridge]

Sadly I can't participate because in our socialist province of Manitoba our provincial government requires us to purchase auto insurance from a crown corporation, there is no private auto insurance here (for cars). But just for fun I decided to look into it, here's how it went:

Clicked the link in the autos.ca article which took me to the MB Financial website
Called the toll free number for 1st class insurance on the MB Financial website
On hold for 8 min, call answered by a 3rd party call centre for Aviva Financial in Ontario
They didn't know I was calling about MB auto insurance, they take general insurance inquiries, I had to explain
Once I said I was inquiring from Manitoba they transferred me to the Manitoba call centre (??)
On hold 12 minutes, Quebec Aviva call centre answers the phone, is a general insurance query operator
Says they can't help me and will transfer me to the Ontario call centre who can help me
On hold 4 minutes, ontario call centre answers, I explain I've been transferred from Quebec after inquiring about Manitoba insurance
Silence, then placed on hold for 4 minutes, operator returns saying they can't insure my car because I have 'government' insurance but offered to give me a quote on my home insurance.

Fak me.

[Mike]

Sadly I can't participate because in our socialist province of Manitoba our provincial government requires us to purchase auto insurance from a crown corporation, there is no private auto insurance here (for cars). But just for fun I decided to look into it, here's how it went:

Clicked the link in the autos.ca article which took me to the MB Financial website
Called the toll free number for 1st class insurance on the MB Financial website
On hold for 8 min, call answered by a 3rd party call centre for Aviva Financial in Ontario
They didn't know I was calling about MB auto insurance, they take general insurance inquiries, I had to explain
Once I said I was inquiring from Manitoba they transferred me to the Manitoba call centre (??)
On hold 12 minutes, Quebec Aviva call centre answers the phone, is a general insurance query operator
Says they can't help me and will transfer me to the Ontario call centre who can help me
On hold 4 minutes, ontario call centre answers, I explain I've been transferred from Quebec after inquiring about Manitoba insurance
Silence, then placed on hold for 4 minutes, operator returns saying they can't insure my car because I have 'government' insurance but offered to give me a quote on my home insurance.

Fak me.