View 1995 Mercedes-Benz S-Class Insurance Cost

Looking for cheaper insurance rates for your Mercedes-Benz S-Class? Nobody likes having to buy insurance, in particular when they could get a better deal. There are many insurance companies to insure vehicles with, and though it is a good thing to be able to choose, too many choices makes it more difficult to locate the cheapest rates.

Consumers need to compare premium rates before your next renewal because prices are variable and change quite frequently. If you had the best rate on S-Class coverage two years ago you can probably find a lower rate today. Forget all the misinformation about insurance because I’m going to let you in on the secrets to one of the quickest ways to find better coverage at a better price.

Get lower rates with discounts

Insurance can cost an arm and a leg, but you might already qualify for some discounts that can drop the cost substantially. Some discounts apply automatically when you purchase, but lesser-known reductions have to be inquired about prior to getting the savings.

  • Paperless Signup – Certain car insurance companies will give you a small discount for completing your application over the internet.
  • Renewal Discounts – Some companies provide a discount for signing up early. You may see this discount when you get insurance coverage quotes online.
  • Fewer Miles Equal More Savings – Low mileage vehicles may allow you to get lower rates due to less chance of an accident.
  • Discounts for Federal Employees – Federal government employees may qualify for a discount when you quote insurance coverage on S-Class coverage with select insurance companies.
  • Auto/Life Discount – Not all insurance companies offer life insurance, but some may give you a discounted price on car insurance if you buy some life insurance too.
  • Telematics Discount – Drivers that enable driving data collection to scrutinize where and when they drive by installing a telematics device such as Snapshot from Progressive or Drivewise from Allstate might get better premium rates if they have good driving habits.
  • Multi-Vehicle Discounts – Buying insurance for multiple vehicles with the same car insurance company qualifies for this discount.
  • Bundle and Save – If you can bundle your home and auto insurance with one insurance company you may earn at least 10 to 15 percent or more.
  • Student Discount for Driver Training – Teen drivers should sucessfully take a drivers education course if it’s offered in school.

A little note about advertised discounts, most discounts do not apply to the entire cost. Most only cut individual premiums such as liability and collision coverage. Even though the math looks like you would end up receiving a 100% discount, nobody gets a free ride.

A list of car insurance companies and a partial list of their discounts are outlined below.

  • 21st Century may offer discounts for automatic seat belts, defensive driver, air bags, theft prevention, student driver, 55 and older, and anti-lock brakes.
  • State Farm has discounts for accident-free, student away at school, passive restraint, Steer Clear safe driver discount, and multiple policy.
  • AAA policyholders can earn discounts including multi-car, good driver, pay-in-full, good student, anti-theft, and AAA membership discount.
  • Liberty Mutual offers premium reductions for multi-car, newly retired, exclusive group savings, newly married, good student, and hybrid vehicle.
  • Progressive includes discounts for online quote discount, homeowner, good student, online signing, multi-policy, and continuous coverage.

It’s a good idea to ask all companies you are considering which credits you are entitled to. Some of the discounts discussed earlier might not be offered on policies in your state. To choose car insurance companies that provide some of the discounts listed above, click this link.

You can change your insurance prices

Many factors are used in the calculation when premium rates are determined. Some are obvious such as your driving history, although some other factors are less apparent such as your credit history or your commute time.

  • Married people drive safer – Getting married can get you a discount on your insurance coverage policy. It generally demonstrates drivers are more mature and responsible and statistics prove married drivers tend to have fewer serious accidents.
  • Insurance coverage rates and age – Teen drivers tend to be more careless behind the wheel therefore insurance coverage rates are much higher. Parents adding a inexperienced driver onto your insurance coverage can cause a big jump in price. More mature drivers are shown to be more cautious, statistically cause fewer accidents , and are generally more financially stable.
  • Physical damage deductibles – Protection for physical damage, also called ‘full coverage’, is used to repair damage to your Mercedes-Benz. Examples of covered claims are running into the backend of another car, damage from fire, and damage from a fallen tree branch. The deductibles are the amount of money you are required to spend out-of-pocket if a covered claim is submitted. The more expense you have to pay, the bigger discount you will receive on S-Class coverage.
  • Miles driven impacts costs – The higher the miles on your Mercedes-Benz in a year’s time the more it will cost to insure it. Many insurance companies apply a rate based on their usage. Autos left parked in the garage qualify for better rates than vehicles that have high annual mileage. It’s a smart idea to ensure your declarations sheet is rated on the correct usage for each vehicle, because it can save money. Having an incorrect usage rating on your S-Class can cost quite a bit.
  • Your job can affect rates – Jobs such as doctorspolice officers and dentists tend to pay higher rates than the rest of us because of high stress and lengthy work days. Other occupations like farmers, athletes and the unemployed generally pay rates lower than average on S-Class coverage.
  • Vehicles with better crash test results lower prices – Vehicles with high crash test scores get lower rates. The safest vehicles have better occupant injury protection and lower rates of occupant injuries means your insurance company pays less passed on to you as lower rates.

What is the best car insurance coverage?

When it comes to buying coverage, there really is no one size fits all plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For instance, these questions might point out whether or not you could use an agent’s help.

  • Is my 1995 Mercedes-Benz S-Class covered for smoke damage?
  • Which companies will insure high-risk drivers?
  • How do I file an SR-22 for a DUI in my state?
  • How many claims can I have before being cancelled?
  • When do I need to add a new car to my policy?
  • Can I rate high risk drivers on liability-only vehicles?
  • When would I need rental car insurance?

If you don’t know the answers to these questions but a few of them apply, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of car insurance companies in your area. It’s fast, free and may give you better protection.

Auto insurance coverage basics

Learning about specific coverages of auto insurance can be of help when determining the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. These are typical coverages found on the average auto insurance policy.

Liability insurance

Liability coverage will cover damages or injuries you inflict on people or other property that is your fault. This coverage protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for things like medical expenses, repair bills for other people’s vehicles and loss of income. The amount of liability coverage you purchase is up to you, but buy as large an amount as possible.

Comprehensive insurance

This covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things like vandalism, hail damage, damage from flooding, hitting a deer and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance reimburse you for expenses such as doctor visits, surgery, funeral costs and EMT expenses. They can be utilized in addition to your health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Mercedes-Benz S-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Collision coverage protection

This covers damage to your S-Class from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims like scraping a guard rail, crashing into a building, sustaining damage from a pot hole and backing into a parked car. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Spend less. Save more.

When buying insurance coverage, never buy poor coverage just to save money. There are too many instances where consumers will sacrifice comprehensive coverage or liability limits and learned later that they should have had better coverage. The aim is to buy the best coverage you can find at the best cost, but do not skimp to save money.

In this article, we presented many ideas to reduce 1995 Mercedes-Benz S-Class insurance car insurance rates online. It’s most important to understand that the more rate quotes you have, the more likely it is that you will get a better rate. Drivers may discover the lowest priced insurance comes from some of the lesser-known companies. These companies may cover specific market segments cheaper as compared to the big name companies such as Allstate, Geico and Progressive.

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