2008 Mercedes-Benz S-Class Car Insurance Quotes

Think you have an expensive auto insurance policy? It’s quite common and many consumers are in the same pinch. Since vehicle owners have many online and local companies to choose from, it can be hard to pick the best auto insurance company.

How do insurance providers determine Mercedes-Benz S-Class insurance rates?

Multiple criteria are considered when you get your auto insurance bill. Most are fairly basic such as traffic violations, but other criteria are not as apparent like where you live or how financially stable you are.

  • Stay claim-free and lower prices – If you file a lot of claims you can definitely plan on much higher rates or policy non-renewal. Companies provide discounts to policyholders who file claims infrequently. Your car insurance is designed for more catestrophic claims.
  • Teen drivers pay more – Inexperience drivers are proven to be inattentive and easily distracted when at the wheel of a vehicle so they pay higher insurance rates. Older drivers tend to be more responsible, tend to file fewer claims , and are generally more financially stable.
  • Allowing your coverage to lapse raises premiums – Allowing your coverage to lapse can be a fast way to increase your insurance rates. In addition to paying higher rates, not being able to provide proof of insurance may result in fines and jail time.
  • Rural vs Urban Areas – Living in a rural area can be a good thing when talking about insurance. Residents of big cities have to deal with more traffic problems and longer commutes to work. Fewer drivers on the road translates into fewer accidents and a lower car theft rate.
  • Do women or men drive better? – Statistics show that women are safer drivers than men. This data doesn’t prove that females are better at driving than males. Men and women cause auto accidents at a similar rate, but the male of the species cause more damage and cost insurance companies more money. Men also get higher numbers of serious violations such as reckless driving.
  • Drivers with high credit save on insurance – Having a good credit rating can be a huge factor in determining what you pay for insurance. If your credit can be improved, you could be paying less to insure your 2008 Mercedes-Benz S-Class if you improve your credit rating. Consumers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower ratings.

How to get insurance price quotes

Many insurance companies like 21st Century, Allstate and State Farm give pricing directly from their websites. Getting prices online is quite simple as you simply type in your personal and coverage information as detailed in the form. Once you submit the form, their quoting system automatically retrieves information on your driving record and credit history and gives you a price quote based on these and other factors. Quoting online makes it a lot easier to compare rates but the work required to visit different websites and type in the same data can get tiresome after awhile. Unfortunately, it is important to compare as many rates as possible if you are searching for better prices.

There is an easier way!

The preferred way to get multiple rate quotes requires only one form that obtains quotes from a lot of companies. It’s a real time-saver, reduces the work, and makes rate comparisons a little more enjoyable. After sending the form, your coverage is rated and you can choose your choice of the price quotes you receive. If a lower price is quoted, you can simply submit the application and purchase the new policy. This process can be completed in a matter of minutes and could lower your rates considerably.

If you want to compare rates using this form now, click here to open in new window and fill out the form. To compare your current rates, we recommend you input coverages and limits identical to your current policy. This guarantees you are getting a price comparison using the exact same coverages.

Get cheap car insurance rates with discounts

Some companies don’t list all available discounts very well, so below is a list some of the more common as well as the least known savings tricks you should be using when you buy auto insurance online.

  • Discounts for Safe Drivers – Insureds who avoid accidents can pay as much as 50% less for S-Class insurance than less cautious drivers.
  • Discount for Home Ownership – Owning a home may earn you a small savings because it shows financial diligence.
  • Auto/Home Discount – When you have multiple policies with one insurance company you may save up to 20% and get you the cheapest auto insurance.
  • Good Grades Discount – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
  • Onboard Data Collection – Drivers who agree to allow data collection to analyze where and when they drive by using a telematics device in their vehicle such as Drivewise from Allstate or Snapshot from Progressive may see discounts if they exhibit good driving behavior.
  • Senior Citizens – Mature drivers are able to get a small decrease in premiums for S-Class insurance.
  • Low Mileage – Driving less could earn lower car insurancerates on the low mileage vehicles.
  • No Accidents – Insureds with no claims or accidents are rewarded with significantly better rates on auto insurance quote when compared with drivers with a long claim history.

A little note about advertised discounts, most of the big mark downs will not be given to the entire policy premium. Most cut the cost of specific coverages such as comprehensive or collision. If you do the math and it seems like having all the discounts means you get insurance for free, it doesn’t quite work that way.

If you would like to see a list of insurance companies with discount rates, click here to view.

Tailor your insurance coverage coverage to you

When choosing coverage, there really is not a cookie cutter policy. Each situation is unique so this has to be addressed. Here are some questions about coverages that can aid in determining whether or not you would benefit from an agent’s advice.

  • Am I covered when driving in Canada or Mexico?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Are rental cars covered under my policy?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Am I covered if I hit my neighbor’s mailbox?
  • Do I need medical payments coverage since I have good health insurance?
  • Exactly who is provided coverage by my policy?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Parts of your insurance policy

Learning about specific coverages of insurance helps when choosing which coverages you need at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages found on the average insurance policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family as well as damage to your 2008 Mercedes-Benz S-Class.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Liability coverage – Liability insurance protects you from damage or injury you incur to other’s property or people in an accident. It protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things like repair bills for other people’s vehicles, loss of income, court costs and medical expenses. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for bills for things like X-ray expenses, nursing services and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP is not universally available and may carry a deductible

Comprehensive auto coverage – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, damage from a tornado or hurricane, hitting a bird and hitting a deer. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage – This coverage will pay to fix damage to your S-Class caused by collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a building, driving through your garage door, scraping a guard rail, backing into a parked car and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Buy Smart and Save

When searching for cheap auto insurance quotes, it’s very important that you do not reduce coverage to reduce premium. There have been many situations where someone dropped liability limits or collision coverage only to discover later that the few dollars in savings costed them thousands. The proper strategy is to buy the best coverage you can find for the lowest price and still be able to protect your assets.

Cheap 2008 Mercedes-Benz S-Class insurance can be sourced from both online companies and also from your neighborhood agents, and you need to comparison shop both to have the best selection. Some insurance companies may not offer rate quotes online and many times these small, regional companies only sell coverage through local independent agents.

In this article, we covered some good ideas how to get a better price on 2008 Mercedes-Benz S-Class insurance. The key concept to understand is the more rate quotes you have, the higher your chance of finding the cheapest auto insurance. Consumers may even find the best rates are with a small local company. They often have lower car insurance rates on specific markets than their larger competitors like Geico and State Farm.

Helpful learning opportunities