View 2014 Mercedes-Benz S-Class Insurance Cost

No car owner rejoices having to buy insurance coverage, especially when they are aware that they could find better prices if they shop around. There is such a variety of auto insurance companies to pick from, and though it is a good thing to have a choice, so many choices can make it hard to get the best deal.

Finding affordable coverage is quite easy. If you are paying for car insurance now, you should be able to reduce your rates substantially using these tips. Drivers only need to know the tricks to get comparison quotes online.

Cheaper car insurance rates with discounts

Insurance can cost an arm and a leg, but you can get discounts that can drop the cost substantially. Some of these disounts will be visible when you get a quote, but occassionally some discounts must be manually applied before being credited.

  • Discounts for New Vehicles – Buying a new car model can cost up to 25% less due to better safety requirements for newer vehicles.
  • Driving Data Discount – People who choose to allow their insurance company to look at vehicle usage remotely such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if they have good driving habits.
  • Multi-policy Discount – When you combine your homeowners and auto insurance and place coverage with the same company you could save as much as 10 to 15 percent.
  • Home Ownership Discount – Being a homeowner can help you save on car insurance because of the fact that having a home is proof that your finances are in order.
  • Passive Restraint Discount – Vehicles with factory air bags and/or automatic seat belt systems could see savings of more than 20%.
  • Fewer Miles Equal More Savings – Low annual miles may enable drivers to earn substantially lower rates.

You should keep in mind that most credits do not apply to the entire cost. Some only apply to the price of certain insurance coverages like comp or med pay. Even though the math looks like it’s possible to get free car insurance, you won’t be that lucky.

A few of the larger companies and their possible discounts are:

  • Travelers discounts include driver training, early quote, good student, IntelliDrive, and multi-car.
  • 21st Century may have discounts that include automatic seat belts, anti-lock brakes, defensive driver, theft prevention, air bags, and 55 and older.
  • State Farm offers discounts for good driver, passive restraint, good student, anti-theft, driver’s education, and student away at school.
  • Geico has savings for driver training, membership and employees, defensive driver, military active duty, emergency military deployment, anti-lock brakes, and seat belt use.
  • SAFECO offers discounts including bundle discounts, multi-car, accident prevention training, anti-lock brakes, drive less, teen safety rewards, and anti-theft.
  • AAA may offer discounts for AAA membership discount, pay-in-full, multi-car, good driver, good student, and education and occupation.

Check with each company the best way to save money. A few discounts may not be offered in your area. To locate car insurance companies that offer many of these discounts, click here.

Finding insurance coverage

There are a lot of ways to compare insurance coverage quotes, but one way is less time-consuming than others. You could spend your day talking about coverages with local insurance agents in your area, or you can stay home and use online quoting to maximize your effort.

Many of the larger companies belong to an insurance system where prospective buyers enter their coverage request one time, and each participating company then returns a price quote based on that information. This prevents consumers from doing quote forms for each company you want a rate for.

To get comparison pricing now click here (opens in new window).

The only drawback to doing it this way is you don’t know exactly the companies to receive prices from. If you wish to select from a list of companies to receive pricing from, we put together a list of low cost insurance coverage companies in your area. Click here for list of insurance companies.

Whichever method you choose, make darn sure you compare identical quote data with every price quote. If each company quotes different values for each quote it will be nearly impossible to determine the lowest rate for your Mercedes-Benz S-Class.

Tailor your insurance coverage coverage to you

When it comes to buying the best insurance coverage coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can aid in determining if your situation might need professional guidance.

  • How does medical payments coverage work?
  • What companies insure drivers after a DUI or DWI?
  • Will my insurance pay for OEM parts?
  • Do I need special endorsements for business use of my vehicle?
  • When should I not file a claim?
  • Am I covered when driving on a suspended license?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find lower rates from a local agent, fill out this quick form or you can also visit this page to select a carrier It is quick, free and you can get the answers you need.

Car insurance specifics

Having a good grasp of your car insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Listed below are typical coverages found on the average car insurance policy.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like dental work, prosthetic devices and funeral costs. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

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

Comprehensive insurance covers things like a broken windshield, falling objects, rock chips in glass, damage from getting keyed and vandalism. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision insurance

Collision insurance will pay to fix damage to your S-Class from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like scraping a guard rail, damaging your car on a curb and hitting a parking meter. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to save money on collision insurance.

Liability car insurance

Liability coverage provides protection from damage or injury you incur to people or other property that is your fault. 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 per person, bodily injury per accident and property damage. Your policy might show values of 100/300/100 that means you have $100,000 bodily injury coverage, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like medical expenses, court costs and legal defense fees. How much liability coverage do you need? That is your choice, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

At the end of the day…

As you shop your coverage around, it’s a bad idea to sacrifice coverage to reduce premiums. Too many times, an accident victim reduced uninsured motorist or liability limits and found out when filing a claim they didn’t have enough coverage. The ultimate goal is to find the BEST coverage at the best possible price while still protecting your assets.

We just presented a lot of ways to shop for 2014 Mercedes-Benz S-Class insurance online. The key concept to understand is the more providers you compare, the better your comparison will be. You may be surprised to find that the most savings is with the smaller companies. Smaller companies often have lower premium rates on specific markets than their larger competitors like Progressive or Geico.

Additional insurance information is available below: