2011 Mercedes-Benz S-Class Car Insurance Cost

Pretty sure you bought an underperforming, overpriced auto insurance policy? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Consumers have multiple car insurance companies to insure vehicles with, and even though it’s nice to have a choice, it makes it harder to compare company pricing.

It’s a good idea to get comparison quotes quite often because rates fluctuate regularly. Just because you had the best premium rates for S-Class coverage on your last policy you will most likely find a better price today. Forget all the misinformation about auto insurance because it’s time to teach you one of the easiest ways to save on auto insurance.

The purpose of this post is to tell you how car insurance quotes work and some money-saving tips. If you currently have car insurance, you will most likely be able to reduce your rates substantially using these methods. Drivers just need to learn the proper methods to find the lowest price online.

The fastest way that we advise to compare policy rates is to know the fact most of the larger companies actually pay money for the chance to give free rates quotes. To get started, all you need to do is provide details including how much education you have, how your vehicles are used, if it has an alarm system, and your job. Your rating data is instantly submitted to all major companies and they provide comparison quotes almost instantly.

Insurance coverage ads bend the truth

Drivers can’t avoid all the ads that claim the best prices by companies like Progressive, Geico, Allstate and State Farm. All the ads have a common claim that you can save if you switch your policy.

How is it possible that every company can make the same claim? Here is the trick they use.

All the different companies look for specific characteristics for the driver that will add to their bottom line. One example of a driver they prefer might have to be married and over the age of 30, has no prior claims, and insures a new vehicle. Any customer that matches those criteria will get a cheap rate quote as well as pay quite a bit less when switching companies.

Potential customers who do not fit these standards will be quoted a higher premium and ends up with the customer buying from a different company. The wording the ads use say “people who switch” not “everybody who quotes” save money. That’s the way companies can make it sound like they have such great rates.

That is why it’s extremely important to compare as many free insurance quotes as you can. Because you cannot predict which insurance companies will give you the biggest savings.

Find hidden discounts to get affordable insurance coverage rates

The price of auto insurance can be rather high, but you may find discounts that many consumers don’t even know exist. Certain discounts will be applied when you purchase, but lesser-known reductions have to be asked for before they will apply.

  • Membership in Organizations – Being a member of a qualifying organization could trigger savings on your next insurance coverage statement.
  • Theft Prevention Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems can help prevent theft so companies will give you a small discount.
  • Drive Less and Save – Driving less could be rewarded with slightly better premium rates than normal.
  • Student Discount for Driver Training – Have your child sucessfully take a drivers education course if offered at their school.
  • Early Signing – Select insurance coverage companies give a discount for switching policies prior to your current policy expiring. This discount can save up to 10%.
  • Discount for Home Ownership – Owning your own home or condo can help you save on insurance coverage because of the fact that having a home is proof that your finances are in order.

Don’t be shocked that some of the credits will not apply the the whole policy. Most only apply to individual premiums such as comprehensive or collision. Even though the math looks like it’s possible to get free car insurance, insurance coverage companies aren’t that generous.

To see a list of insurance coverage companies that offer the discounts shown above, click this link.

Tailor your auto insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there isn’t really a best way to insure your cars. Each situation is unique and your policy should reflect that. These are some specific questions could help you determine whether your personal situation might need professional guidance.

  • Is motorclub coverage worth it?
  • Do I need replacement cost coverage?
  • When should I buy a commercial auto policy?
  • Can my babysitter drive my car?
  • What is the rate difference between pleasure use and commuting?
  • Are rental cars covered under my policy?
  • Is there coverage for injuries to my pets?
  • Should I buy full coverage?
  • Which companies will insure high-risk drivers?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area. It only takes a few minutes and you can get the answers you need.

Car insurance coverages 101

Having a good grasp of your policy helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. These are the normal coverages found on most car insurance policies.

Collision coverage protection

This coverage pays for damage to your S-Class caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as crashing into a ditch, rolling your car and backing into a parked car. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to increase the deductible to save money on collision insurance.

Liability coverages

This provides protection from damages or injuries you inflict on people or other property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as legal defense fees, loss of income, bail bonds, court costs and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Mercedes-Benz S-Class.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Comprehensive protection

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as rock chips in glass, a broken windshield, hitting a bird and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for expenses such as rehabilitation expenses, hospital visits and X-ray expenses. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

In conclusion

We just presented some good ideas how you can lower your 2011 Mercedes-Benz S-Class insurance car insurance rates. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding affordable insurance. You may even find the lowest car insurance rates come from some of the smallest insurance companies. These smaller insurers may only write in your state and offer lower premium rates compared to the large companies like Geico and State Farm.

When shopping online for auto insurance, make sure you don’t reduce coverage to reduce premium. In many instances, someone sacrificed physical damage coverage only to find out that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at the best price but still have enough coverage for asset protection.

Budget-friendly auto insurance can be found both online and with local insurance agents, so you should compare both to have the best rate selection. Some insurance companies do not provide online rate quotes and most of the time these smaller companies sell through local independent agencies.

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