View 2003 Mercedes-Benz S-Class Insurance Quotes

Searching for cheaper insurance for a Mercedes-Benz S-Class can normally be a lot of work, but you can use these tips to make it easier.

There is a better way to shop for insurance so we’re going to tell you the quickest way to quote coverages for a Mercedes-Benz and obtain the lowest price from local insurance agents and online providers.

Get lower-cost rates by earning discounts

Car insurance companies don’t always list all possible discounts very well, so the following is a list of a few of the more well known and also the lesser-known credits that may apply to you.

  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Professional Memberships – Participating in a qualifying organization is a simple method to lower premiums on your next auto insurance statement.
  • Multi-car Discount – Buying coverage for all your vehicles with the same auto insurance company could earn a price break for each car.
  • E-sign Discounts – Certain insurance companies give back up to $50 for buying a policy and signing up on the web.
  • Low Miles Discount – Driving fewer miles may enable drivers to earn cheaper premium rates.
  • Anti-lock Brakes – Vehicles with ABS and/or traction control prevent accidents and therefore earn up to a 10% discount.
  • Military Discounts – Having an actively deployed family member could qualify you for better auto insurance rates.
  • Driver Education Discount – Have your child complete a driver education course if offered at their school.
  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts can save a little off the medical payments premium.

Keep in mind that some credits don’t apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comp or med pay. So when the math indicates all the discounts add up to a free policy, nobody gets a free ride.

To view providers that provide some of the discounts listed above, follow this link.

Compare car insurance rates

Cutting your car insurance rates is not a difficult process. The only thing you need to do is take the time comparing free insurance quotes provided by online insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. Probably the best way to find low rates is an all-inclusive rate comparison like this one (opens in new window). This method saves time by eliminating separate quotation requests for every prospective company. A single form gets insurance cost estimates from all major companies. It’s definitely the quickest method.
  2. A harder way to get quotes online is going to each company’s website to complete a price quote. For example, we’ll pretend you want rates from State Farm, Geico and Travelers. In order to get each rate, you would have to spend time on each company’s site to enter the same coverage data repeatedly, which is why the first method is quicker. For a list of companies in your area, click here.

Which method you use is up to you, but do your best to enter the exact same coverages and limits with every price quote. If you have different coverage information it will be nearly impossible to determine which rate is truly the best.

Get more affordable insurance costs by understanding these factors

Many factors are part of the equation when you quote your car insurance policy. Most are fairly basic such as your driving record, although others are less apparent such as your marital status or your commute time.An important part of buying insurance is that you know some of the things that help determine your car insurance rates. If you have a feel for what determines premiums, this enables you to make decisions that can earn you lower premium levels.

  • Too many insurance claims drive up car insurance rates – Auto insurance companies give the best rates to drivers who do not rely on their insurance for small claims. If you are the type of insured that files lots of claims you can look forward to much higher rates or policy non-renewal. Insurance coverage is meant to be used in the event of claims that you cannot pay yourself.
  • Are males or females drivers cheaper? – Over time, data shows women tend to be less risk to insure than men. However, this does not mean females are better drivers. Both sexes are in fender benders at about the same rate, but men cause more damage and cost insurance companies more money. They also get higher numbers of serious violations like DWI (DUI) or reckless driving.
  • Higher prices for policy lapses – Driving your car without having proper coverage is against the law and any future policy may cost more because you let your insurance coverage expire. Not only will rates go up, getting caught without coverage will get you a license revocation or jail time. You may then be required to submit proof of financial responsibility or a SR-22 with your state motor vehicle department.
  • Better drivers pay less – Being a careful driver impacts premiums far more than you think. Drivers who don’t get tickets get better rates compared to drivers with tickets. Getting just one chargable violation can increase rates to the point where it’s not affordable. Drivers unfortunate enough to have dangerous violations such as hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.

Your insurance coverage coverage should be tailored to you

When it comes to choosing the right insurance coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is unique.

These are some specific questions could help you determine if you might need an agent’s assistance.

  • Am I covered when driving a rental car?
  • Should I buy only the required minimum liability coverage?
  • Should I carry comprehensive and collision coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Does liability extend to a camper or trailer?
  • Can I rate high risk drivers on liability-only vehicles?
  • Are there companies who specialize in insuring high-risk drivers?
  • Do I need special endorsements for business use of my vehicle?
  • What are the best liability limits?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and may give you better protection.

Insurance coverage options for a Mercedes-Benz S-Class

Understanding the coverages of your policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Liability insurance

Liability coverage can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Another option is one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability can pay for claims like structural damage, emergency aid and repair costs for stationary objects. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries and also any damage incurred to your Mercedes-Benz S-Class.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical expense insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses for X-ray expenses, ambulance fees, hospital visits, rehabilitation expenses and EMT expenses. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Collision protection

This coverage will pay to fix damage to your S-Class resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision insurance covers things like hitting a mailbox, backing into a parked car, damaging your car on a curb, scraping a guard rail and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision)

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like rock chips in glass, theft, damage from a tornado or hurricane and hitting a bird. The highest amount your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Cheaper insurance is a realistic goal

When buying insurance coverage, it’s very important that you do not sacrifice coverage to reduce premiums. There have been many cases where someone sacrificed physical damage coverage and found out when filing a claim that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage at an affordable rate, but do not skimp to save money.

Drivers who switch companies do it for a number of reasons such as high rates after DUI convictions, being labeled a high risk driver, denial of a claim and even not issuing a premium refund. It doesn’t matter what your reason, finding a great new company is not as hard as you think.

You just learned many tips how you can lower your 2003 Mercedes-Benz S-Class insurance car insurance rates. It’s most important to understand that the more times you quote, the higher the chance of saving money. Consumers could even find that the lowest priced insurance comes from some of the lesser-known companies.

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