Cheaper 2017 Mercedes-Benz S-Class Insurance Rates

Searching for cheaper car insurance rates for your Mercedes-Benz S-Class? No sane person anticipates paying for car insurance, in particular when the cost is way too high.

Multiple insurers compete for your hard-earned dollar, so it’s not easy to compare every provider to find the best rate

How to buy insurance coverage online

When looking for the cheapest insurance coverage quotes, there are a couple ways of comparing price quotes from many different insurance companies. The easiest way to find the cheapest Mercedes-Benz S-Class insurance rates is to jump online and get quotes. This can be accomplished in several different ways.

  • If you’re in a hurry, the quickest way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This method prevents you from having to do separate quotation requests for each company you want a rate for. One form compares rates from all major companies.
  • Another way to analyze rates requires a visit to the website for every company you want to comare and fill out a new quote form. For sake of this example, let’s say you want to compare Allstate, Farmers and Geico. To find out each rate you need to navigate to each company’s site to enter your coverage information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Compare rates however you want, just make sure you are using exactly the same quote data for each comparison quote. If you are comparing different liability limits you can’t possibly make a fair comparison for your Mercedes-Benz S-Class. Slightly different insurance coverages or limits could throw off the whole comparison. And when quoting insurance coverage, remember that making a lot of price comparisons will improve the odds of getting better pricing. Not every company allows you to get online quotes, so you should also compare price quotes from those companies as well.

Save a ton with discounts

Buying insurance is not cheap, but you might find some hidden discounts that you may not even know about. Most are applied when you quote, but some must be asked for before you get the savings.

  • Active Military Service – Having a family member in the military could qualify you for better rates.
  • Accident Forgiveness Coverage – This isn’t a discount exactly, but companies like Liberty Mutual, Allstate and State Farm will let one accident slide before they charge you more for coverage so long as you are claim-free prior to the accident.
  • Discount for Good Grades – Being a good student can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
  • Multiple Vehicles – Purchasing coverage when you have more than one vehicle on one policy can reduce the rates for all insured vehicles.
  • Multi-line Discount – Not all insurance carriers offer life insurance, but some may give you lower rates if you buy a life policy as well.
  • Defensive Driving Course – Participating in a course that instructs on driving safety is a good idea and can lower rates and make you a better driver.
  • Paper-free Discount – A few insurance companies provide a small discount shop insurance coverage on the internet.
  • Passive Restraints and Air Bags – Cars that have air bags and/or automatic seat belt systems can receive discounts as much as 30%.
  • Driver’s Ed – Reduce the cost of insurance for teen drivers by having them enroll in driver’s education if it’s offered in school.
  • Theft Prevention System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen less frequently and can earn a small discount on your policy.

As a disclaimer on discounts, most discount credits are not given to all coverage premiums. A few only apply to specific coverage prices like comp or med pay. Despite the fact that it seems like all the discounts add up to a free policy, it’s just not the way it works.

To choose insurance companies who offer online insurance quotes, click here to view.

Why your insurance prices might be higher

Multiple criteria are taken into consideration when premium rates are determined. Most are fairly basic like your driving record, but other criteria are not as apparent like your continuous coverage or your vehicle rating.One of the most helpful ways to save on insurance is to to have a grasp of the factors that are used to determine the level of your policy premiums. When you understand what determines base rates, this enables you to make decisions that will entitle you to lower rates.

The itemized list below are a partial list of the pieces insurance companies consider when setting premiums.

  • Policy lapses lead to higher prices – Driving any period of time without insurance can get your license suspended and insurance companies will penalize you for letting your insurance coverage expire. Not only will rates go up, not being able to provide proof of insurance will get you a license revocation or jail time.
  • Know your vehicle’s IIHS safety rating – Vehicles with high crash test scores tend to have lower insurance rates. The safest vehicles protect occupants better and lower injury rates translates directly to fewer claims and cheaper rates on your policy.
  • With age comes lower premiums – Teen drivers have been known to be careless and easily distracted in a vehicle therefore insurance rates are much higher. Parents adding a inexperienced driver onto your insurance can really hurt. Older insureds tend to be more responsible, tend to file fewer claims , and usually have better credit.
  • Do you have a tough vocation? – Careers such as real estate brokers, social workers and accountants generally have higher premiums than the average policyholder due to job stress and extremely grueling work hours. On the other hand, jobs such as professors, athletes and the unemployed get better rates for S-Class coverage.

What is the best car insurance coverage?

When choosing the right insurance coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs and your policy should reflect that. For instance, these questions may help you determine whether you would benefit from professional advice.

  • What if I total my 2017 Mercedes-Benz S-Class and owe more than it’s worth?
  • Does insurance cover tools stolen from my truck?
  • I have a DUI can I still get coverage?
  • Am I getting all the discounts available?
  • Is my babysitter covered when using my vehicle?
  • Who is covered when they drive my 2017 Mercedes-Benz S-Class?
  • Am I covered if I break a side mirror?

If you’re not sure about those questions but one or more may apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Save $446 a year! What?

Companies like Allstate and Progressive continually stream television and radio advertisements. All the companies advertise the message about savings if you get a free insurance coverage quote and switch your car insurance coverage to their company. How does every company save you money? It’s all in the wording.

Insurance companies have an ideal profile for the right customer that will add to their bottom line. For example, this type of insured could be a mature driver, has never had a policy lapse, and the vehicle is rated for pleasure use. Any new insured who meets those qualifications will most likely get cheap premium rates and will cut their rates substantially.

Drivers who are not a match for this stringent profile may be required to pay higher premiums and this can result in business not being written. If you pay attention, the ads say “customers that switch” not “everyone that quotes” will save that much if they switch. That’s the way insurance companies can confidently make claims that they all have the best rates.

Because of these techniques, you really should get a wide range of price quotes. You cannot predict the company that will have the best prices at this point in time.

Parts of your insurance policy

Learning about specific coverages of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy. Shown next are the usual coverages offered by insurance companies.

Coverage for collisions

Collision coverage covers damage to your S-Class caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like crashing into a building, hitting a parking meter, crashing into a ditch, sustaining damage from a pot hole and colliding with another moving vehicle. This coverage can be expensive, so consider removing coverage from lower value vehicles. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Comprehensive coverage

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like a tree branch falling on your vehicle, rock chips in glass and damage from flooding. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and also any damage incurred to your Mercedes-Benz S-Class.

Since many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Frequently these coverages do not exceed the liability coverage limits.

Auto liability insurance

This coverage can cover injuries or damage you cause to other people or property that is your fault. It protects YOU from claims by other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like medical expenses, pain and suffering, medical services and emergency aid. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses such as hospital visits, dental work and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available and may carry a deductible

Affordable insurance is out there

Cheaper car insurance is possible online as well as from independent agents, so you should be comparing quotes from both in order to have the best chance of saving money. A few companies may not provide online rate quotes and many times these regional carriers work with local independent agents.

We just showed you a lot of ways to compare 2017 Mercedes-Benz S-Class insurance premium rates online. The key concept to understand is the more times you quote, the higher your chance of finding inexpensive insurance coverage. Consumers could even find that the most savings is with some of the lesser-known companies. These companies often have lower prices on specific markets compared to the large companies like Progressive and Geico.

When trying to cut insurance costs, it’s not a good idea to buy less coverage just to save a little money. There have been many cases where an insured dropped full coverage and learned later that the small savings ended up costing them much more. The ultimate goal is to find the BEST coverage at the lowest possible cost, but do not skimp to save money.

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