Cheap 1991 Mercedes-Benz 300-Class Insurance Rates

Want cheaper auto insurance rates for your Mercedes-Benz 300-Class? If online auto insurance comparisons are new to you, most likely you are overwhelmed due to the large number of companies that all say they have the best rates.

How to buy insurance

There are several ways you can shop for insurance but some are easier and takes less work. You can waste a lot of time talking about coverages with agents in your area, or you could save time and use the internet to get prices fast.

All the larger companies participate in an industry program that allows shoppers to submit their information once, and each participating company returns a competitive quote based on that information. This saves time by eliminating quote requests for every insurance company. To access this free quoting program, click to open in new window.

The one disadvantage to doing it this way is you don’t know exactly which carriers to get quotes from. If you prefer to choose specific providers to compare, we have a page of the cheapest insurance companies in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, make sure you use the exact same coverage information for each quote you get. If the quotes have unequal deductibles or liability limits it’s impossible to make an equal comparison. Just slight variations in insurance coverages can result in a big premium difference. And when comparing insurance rates, know that comparing a wide range of rates helps locate a better price.

More affordable rates with these car insurance discounts

Some providers do not list the entire discount list in a way that’s easy to find, so the list below contains both the well known and the harder-to-find ways to save on car insurance.

Early Signing – Select car insurance companies give a discount for signing up early. You can save around 10% with this discount.
Telematics Data Discounts – Drivers who elect to allow driving data collection to scrutinize their driving habits by installing a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system might get better premium rates if they show good driving skills.
Full Payment Discount – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.
Discounts for Seat Belt Usage – Forcing all vehicle occupants to fasten their seat belts could cut 10% or more off PIP or medical payments premium.
Multi-policy Discount – When you combine your home and auto insurance with the same company you may earn at least 10% off all policies.
Claim-Free Discount – Drivers who don’t have accidents pay less in comparison with bad drivers.
Good Grades Discount – Excelling in school can save 20 to 25%. The good student discount can last up to age 25.
Save with a New Car – Buying coverage on a new vehicle can save you some money because new vehicles keep occupants safer.
Drivers Education – Have your child complete a driver education course as it can save substantially.

Drivers should understand that many deductions do not apply the the whole policy. Most only apply to specific coverage prices like liability and collision coverage. So even though you would think you would end up receiving a 100% discount, you aren’t that lucky. But all discounts should definitely cut the amount you pay for coverage.

If you would like to view car insurance companies who offer discounts, click here.

Auto insurance can get complicated

When it comes to buying adequate coverage for your vehicles, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine if your situation will benefit from professional help.

What is high-risk coverage and where do I buy it?
Am I covered when pulling a rental trailer?
Does my 1991 Mercedes-Benz 300-Class qualify for pleasure use?
Will I lose any money if I cancel my policy before it expires?
Does my insurance cover my expensive audio equipment?
Am I covered if I hit a deer?
If my pet gets injured in an accident are they covered?
Are my friends covered when driving my car?
I have a DUI can I still get coverage?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Specific coverages for a Mercedes-Benz 300-Class

Understanding the coverages of your auto insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Liability car insurance

Liability insurance protects you from injuries or damage you cause to other people or property in an accident. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like loss of income, pain and suffering, structural damage, funeral expenses and court costs. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Coverage for collisions

This coverage pays for damage to your 300-Class from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like driving through your garage door, rolling your car, colliding with another moving vehicle, colliding with a tree and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and also any damage incurred to your Mercedes-Benz 300-Class.

Because many people only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision

This coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive insurance covers things like vandalism, damage from a tornado or hurricane, theft and hitting a deer. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for bills for pain medications, hospital visits, prosthetic devices, EMT expenses and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not an option in every state and may carry a deductible