Save on 2007 Mercedes-Benz S-Class Car Insurance Quotes

Trying to find cheaper auto insurance rates for your Mercedes-Benz S-Class? If you are a novice to online auto insurance shopping, you can easily be confused because of the huge number of companies all claiming to have the lowest rates.

It’s a good habit to get comparison quotes periodically because rates are variable and change quite frequently. If you had the lowest premium rates for S-Class coverage six months ago a different company probably has better prices today. Don’t believe everything you read about auto insurance online but in just a couple of minutes you can learn the best ways to find affordable auto insurance.

Are you earning every discount?

Insurance can cost an arm and a leg, but there are discounts available that you may not even be aware of. Many of these discounts will be applied automatically when you quote, but some need to be manually applied before they will apply.

  • Discounts for Good Drivers – Insureds without accidents may receive a discount up to 45% for S-Class coverage compared to rates paid by drivers with frequent claims.
  • Own a Home – Owning your own home or condo can get you a discount because owning a home means you have a higher level of financial diligence.
  • Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 20% or more.
  • Safety Restraint Discount – Forcing all vehicle occupants to fasten their seat belts could save 15% off the medical payments premium.
  • Distant Student – Youth drivers who are enrolled in a college that is more than 100 miles from home and do not have a car could qualify for this discount.
  • Driver Training Discounts – Taking a defensive driver course could earn you a small percentage discount if your company offers it.
  • Organization Discounts – Being a member of specific professional or occupational memberships or organizations could qualify you for a break on your next renewal.
  • Early Switch Discount – A few insurance companies offer discounts for switching to them prior to your current policy expiration. You could save around 10% when you buy car insurance online.
  • Auto/Home Discount – If you can bundle your auto and homeowners insurance with the same company you could get a discount of as much as 10 to 15 percent.
  • Senior Citizens – Mature drivers may be able to get a small discount on rates for S-Class coverage.

You can save money using discounts, but some of the credits will not apply the the whole policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. Even though it appears it’s possible to get free car insurance, it’s just not the way it works.

A few popular companies and some of their more popular discounts can be read below.

  • Progressive discounts include online signing, homeowner, good student, multi-policy, online quote discount, multi-vehicle, and continuous coverage.
  • MetLife includes discounts for claim-free, multi-policy, accident-free, good student, good driver, defensive driver
  • Mercury Insurance offers discounts for accident-free, multi-car, professional/association, type of vehicle, and anti-theft.
  • Nationwide may include discounts for defensive driving, business or organization, easy pay, good student, multi-policy, and accident-free.
  • Geico may have discounts that include multi-policy, air bags, seat belt use, anti-theft, emergency military deployment, multi-vehicle, and defensive driver.
  • AAA may offer discounts for multi-policy, education and occupation, pay-in-full, AAA membership discount, and good student.

Double check with all companies you are considering how many discounts you can get. Some of the discounts discussed earlier might not apply in your area. To choose insurance companies that can offer you the previously mentioned discounts, click here.

How to buy insurance coverage online

All major insurance coverage companies such as Allstate, Geico and Progressive allow you to get prices for coverage directly from their websites. This process can be done by anyone as you simply type in the amount of coverage you want into the quote form. Upon sending the form, the company’s rating system sends out for credit information and your driving record and gives you a price quote based on many factors.

Online quotes makes it easy to compare insurance prices but the process of having to visit many different websites and enter the same data into a form gets old quite quickly. But it’s necessary to have as many quotes as possible if you are searching for the best price on insurance coverage.

There is an easier way!

A better way to locate the lowest prices utilizes a single form to obtain quotes from several different companies. It saves time, helps eliminate reptitive entry, and makes quoting online much easier. As soon as the form is sent, it is quoted and you are able to buy your choice of the resulting price quotes.

If the quotes result in lower rates, you simply finish the application and buy the policy. This process can be completed in a matter of minutes and you will find out if you’re overpaying now.

If you want to find out if lower rates are available, simply click here to open in new window and input your coverage information. If you have your current policy handy, we recommend you copy coverages and limits identical to your current policy. This way, you will receive rate comparison quotes for similar insurance coverage.

Save money with these tips

Many different elements are used when you get a price on insurance. Most are fairly basic such as your driving history, but others are not quite as obvious such as whether you are married or your vehicle rating.Consumers need to have an understanding of a few of the rating criteria that help calculate your premiums. If you have a feel for what determines premiums, this helps enable you to make changes that could help you find big savings.

The factors shown below are some of the most rate-impacting factors auto insurance companies consider when setting rates.

  • Liability is peace of mind – Your auto insurance policy’s liability coverage provides coverage when you are determined to be liable for damages from an accident. This coverage provides legal defense coverage which can cost thousands of dollars. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so drivers should carry high limits.
  • Incidental coverages you don’t need – There are a lot of additional extra coverages that may not really be needed on your auto insurance policy. Add-on coverages like personal injury protection, better glass coverage, and membership fees are examples of these. They may seem good at first, but if you don’t need them think about removing them and cutting costs.
  • Lower rates for married couples – Walking down the aisle may save some money on your auto insurance policy. Marriage may mean you are more responsible and it’s statistically proven that married drivers tend to file fewer claims.
  • Know your vehicle’s safety rating – Safer cars get lower rates. The safest vehicles reduce occupant injuries and fewer injuries translates into fewer and smaller insurance claims which can result in lower premiums.
  • Insurance companies don’t like frequent insurance claims – If you file claims often, you can expect increased rates or even have your policy non-renewed. Insurance companies give the lowest premiums to policyholders who do not file claims often. Insurance coverage is designed for major claims that would cause financial hardship.
  • Your address can push rates up or down – Being located in less populated areas is a good thing when buying auto insurance. Fewer people translates into fewer accident claims. Drivers in populated areas have congested traffic and a longer drive to work. More time commuting can result in more accidents.
  • Tickets and citations cost more than a fine – Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. Even a single ticket can increase rates to the point where it’s not affordable. Drivers who get license-revoking violations like DUI, reckless driving or excessive speeding may find they need to maintain a SR-22 with their state motor vehicle department in order to legally drive a vehicle.
  • Younger drivers pay higher premiums – Youthful drivers tend to be inattentive when behind the wheel so auto insurance rates are higher. Older people are more responsible, tend to cause fewer accidents and get fewer tickets.

When in doubt talk to an agent

When it comes to choosing the best car insurance coverage, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight whether or not you will benefit from professional help.

  • I don’t drive much so do I pay less?
  • Why am I required to buy high-risk coverage?
  • Is my nanny covered when driving my vehicle?
  • Do I need more liability coverage?
  • Does medical payments coverage apply to all occupants?
  • At what point should I drop full coverage?
  • When should I drop full coverage on my 2007 Mercedes-Benz S-Class?
  • How can I find cheaper teen driver insurance?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to an agent. To find lower rates from a local agent, complete this form.

Coverages available on your insurance policy

Having a good grasp of your policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as driving through your garage door, backing into a parked car, sideswiping another vehicle, crashing into a ditch and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to bring the cost down.

Medical payments and PIP coverage – Med pay and PIP coverage pay for short-term medical expenses such as dental work, chiropractic care, X-ray expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. They cover both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is not universally available but can be used in place of medical payments coverage

Liability – This coverage can cover damage or injury you incur to other people or property that is your fault. This insurance protects YOU against claims from other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have a combined limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for things such as medical services, structural damage and court costs. How much liability should you purchase? That is your choice, but buy as large an amount as possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz S-Class.

Due to the fact that many drivers only carry the minimum required liability 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. Usually the UM/UIM limits are set the same as your liablity limits.

Comprehensive auto coverage – Comprehensive insurance will pay to fix 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 pays for claims such as hitting a deer, damage from a tornado or hurricane, rock chips in glass and fire damage. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Be a smart shopper

While you’re price shopping online, it’s not a good idea to reduce needed coverages to save money. There are a lot of situations where someone dropped liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. The goal is to find the BEST coverage at an affordable rate while still protecting your assets.

Drivers leave their current company for any number of reasons including delays in paying claims, unfair underwriting practices, delays in responding to claim requests and not issuing a premium refund. Regardless of your reason, switching companies is not as hard as you think.

Lower-priced car insurance is available from both online companies as well as from independent agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not provide online rate quotes and usually these regional carriers work with independent agencies.

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