1998 Mercedes-Benz S-Class Insurance Cost – 7 Ideas for Best Prices

Looking for lower auto insurance rates? Shoppers have options when shopping for the lowest priced Mercedes-Benz S-Class insurance. You can either spend your time calling around to get rate comparisons or leverage the internet to get rate quotes. There are more efficient ways to buy auto insurance and we’ll show you the proper way to compare rates for a Mercedes-Benz and get the lowest possible price from both online companies and local agents.

Get lower-cost rates with these seven discounts

Car insurance companies don’t always list all disounts in an easy-to-find place, so the list below gives a summary of some of the best known and the harder-to-find credits that may apply to you.

  • Senior Citizen Discount – Older drivers may be able to get a discount up to 10% on S-Class insurance.
  • Multi-policy Discount – If you have multiple policies and insure them both with the same insurance company you may earn nearly 15% which can help you find affordable insurance.
  • Drivers Education – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • College Student – who are enrolled in a college that is more than 100 miles from home and don’t have a car can be insured at a reduced rate.
  • Data Collection Discounts – People who choose to allow their car insurance company to track vehicle usage by using a telematic data system such as Allstate’s Drivewise and State Farm’s In-Drive system could save a few bucks as long as the data is positive.
  • Early Signing – Some car insurance companies give discounts for switching to them prior to your current policy expiration. You can save around 10% with this discount.
  • Active Military Service – Having an actively deployed family member may qualify for rate reductions.

Remember that many deductions do not apply to your bottom line cost. Some only reduce individual premiums such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, you’re out of luck. But any discount should help lower the cost of coverage.

To see car insurance companies who offer cheap car insurance quotes, click here.

Quote insurance coverage online

There are a variety of methods you can shop for insurance coverage but there is one way that is easier and takes less work. You can spend countless hours driving to local insurance agents in your area, or you could use online quotes for quick rates.

Many companies belong to an insurance system that allows shoppers to submit one quote, and at least one company can give them a price determined by their information. This saves time by eliminating quotation requests to each company.

To participate in this free quote system, click to open in new window.

The only downside to comparing rates this way is you are unable to specify the companies to receive prices from. So if you prefer to choose from a list of companies to compare rates, we have a page of low cost insurance coverage companies in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just be sure you’re using equivalent deductibles and coverage limits on every quote. If you are comparing differing limits it’s not possible to get a fair rate comparison.

Auto insurance can be complex

When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Every insured’s situation is different.

Here are some questions about coverages that might point out if your situation will benefit from professional help.

  • Does liability extend to a camper or trailer?
  • What is PIP insurance?
  • Am I covered if I hit a deer?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Does medical payments coverage apply to all occupants?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Are my tools covered if they get stolen from my vehicle?
  • What companies insure drivers after a DUI or DWI?
  • What is the rate difference between pleasure use and commuting?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. To find an agent in your area, fill out this quick form. It only takes a few minutes and you can get the answers you need.

Insurance coverage breakdown

Knowing the specifics of your policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Collision insurance

Collision coverage covers damage to your S-Class resulting from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against claims like scraping a guard rail, backing into a parked car, sideswiping another vehicle and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Comprehensive protection

This pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from a tornado or hurricane, a broken windshield, a tree branch falling on your vehicle and damage from flooding. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses like X-ray expenses, EMT expenses, prosthetic devices, nursing services and pain medications. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Auto liability insurance

This will cover damage or injury you incur to people or other property. It protects YOU from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things such as loss of income, attorney fees, bail bonds, legal defense fees and medical expenses. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.

Better coverage you can count on

Some companies do not provide online rate quotes and most of the time these regional insurance providers work with independent insurance agents. Cheaper 1998 Mercedes-Benz S-Class insurance can be purchased on the web in addition to many insurance agents, so you should compare both in order to have the best chance of saving money.

As you shop your coverage around, make sure you don’t reduce needed coverages to save money. There are many occasions where drivers have reduced collision coverage and found out when filing a claim that they should have had better coverage. Your goal is to buy enough coverage for the lowest cost while not skimping on critical coverages.

You just learned a lot of ways to reduce 1998 Mercedes-Benz S-Class insurance premium rates online. The key concept to understand is the more rate quotes you have, the better likelihood of getting affordable insurance. You may even discover the lowest premium rates are with a company that doesn’t do a lot of advertising.

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