Lower Your 1990 Mercedes-Benz 300-Class Insurance Cost

Trying to find lower auto insurance rates for your Mercedes-Benz 300-Class? Are you overwhelmed by the dozens of auto insurance choices in your area? people have so many options that it can really be a real challenge to locate the lowest rates.

Shopping for affordable protection is simple if you know the tricks. In a nutshell, every driver who has to buy insurance coverage stands a good chance to be able to lower their premiums. But drivers can benefit from knowing the methods companies use to price insurance differently and use this information to your advantage.

Free auto insurance rate quotes

The are a couple different ways to compare prices from different insurance companies. One of the best ways to do a complete rate comparison is simply to get online rate quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

1. The best way consumers can analyze rates is to use a rate comparison form click here to open form in new window. This style of form keeps you from doing separate quote forms for every prospective company. Filling out one form will get you price quotes from auto insurance companies with the best prices. This is by far the quickest method.
2. A harder way to compare rate quotes is to manually visit each company website and get a separate price quote. For instance, let’s assume you want to compare prices for Auto-Owners, State Farm and American Family. You would need to visit each site to enter your coverage information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but make absolute certain that you use equivalent coverage limits and deductibles for each comparison quote. If the quotes have different coverage information you will not be able to get a fair rate comparison. Having just a slight variation in coverages could throw off the whole comparison. And when comparing auto insurance rates, know that quoting more helps increase your odds of locating more affordable insurance.

Will you really save $460 on car insurance?

Respected companies like Progressive, Geico, Allstate and State Farm continually stream ads on TV and radio. They all seem to say the same thing that people will save if you move your coverage. How does every company claim to save you money? It’s all in how they say it.

Car insurance companies have specific characteristics for the type of customer that will not have excessive claims. One example of a profitable customer should be between the ages of 40 and 55, has other policies, and has excellent credit. A propective insured who meets those qualifications will get a cheap rate quote and is almost guaranteed to save when they switch companies.

Consumers who cannot meet the ideal profile will probably have to pay higher prices which usually ends up with the customer not buying. If you listen closely, the ads state “drivers who switch” not “everybody who quotes” can save as much as they claim. That’s the way insurance companies can confidently make claims that they all have the best auto insurance rates.

This really emphasizes why drivers should get price quotes at each policy renewal. It’s just not possible to know which insurance companies will have better rates than you’re paying now.

Find Mercedes-Benz 300-Class insurance cheaper

Part of the insurance buying process is learning the different types of things that go into determining the level of your policy premiums. If you have some idea of what determines base rates, this empowers consumers to make smart changes that could help you find much lower annual insurance costs.

• Job stress can affect insurance rates – Do you work in a high-stress field? Careers like judgespolice officers and miners generally pay the highest average rates because of intense work-related stress and lots of time spent away from family. On the flip side, occupations like scientists, students and the unemployed have the lowest average rates on 300-Class insurance.
• Small claims can cost you – If you file a lot of claims you can pretty much guarantee much higher rates or policy non-renewal. Car insurance companies generally give the lowest premiums to insureds who are claim-free. Auto insurance is designed for claims that you cannot pay yourself.
• Liability protection limits should be high – The liability section of your policy is the coverage that protects you if a court rules you are at fault for damages caused by your negligence. Liability insurance provides for a legal defense starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so buy as much as you can afford.
• Urban areas may pay more – Residing in a small town has definite advantages when buying insurance. Less people corresponds to lower accident rates and a lower car theft rate. People in densly populated areas tend to have more auto accidents and more time behind the wheel. Spending more time driving statistically corresponds to a higher accident and claim rate.
• Traffic violations inflate rates – Whether or not you get tickets can have a huge impact on auto insurance premiums. Attentive drivers have lower premiums than their less careful counterparts. Having a single speeding ticket may increase your cost to the point where it’s not affordable. Drivers who have gotten dangerous citations like DUI or reckless driving might be required by their state to maintain a SR-22 with their state DMV in order to legally drive a vehicle.
• Never allow your coverage to lapse – Allowing your insurance policy to lapse can be a fast way to increase your insurance rates. In addition to paying higher premiums, getting caught without coverage will get you a steep fine or even jail time.

Verify you’re receiving every discount

Companies offering auto insurance don’t always publicize every policy discount very well, so the below list has both the well known and the harder-to-find credits that you can use to lower your rates.

• Pay Now and Pay Less – If you can afford to pay the entire bill rather than spreading payments over time you can avoid monthly service charges.
• Drivers Education – Have your child sucessfully take a drivers education course in school or through a local driver safety program.
• Theft Prevention Discount – Cars, trucks, and SUVs optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
• Early Signing – A few insurance companies offer discounts for buying a new policy before your current policy expires. It’s a savings of about 10%.
• Drive Safe and Save – Drivers who don’t get into accidents can save up to 40% or more on their car insurance quote on 300-Class insurance as compared to drivers with claims.
• Bundled Policy Discount – If you insure your home and vehicles and place coverage with the same company you may earn nearly 15% which can help you find low cost car insurance.

A quick disclaimer, most of the big mark downs will not be given to the entire policy premium. Some only reduce individual premiums such as comprehensive or collision. Despite the fact that it seems like adding up those discounts means a free policy, it’s just not the way it works.

Insurance companies that may offer quotes with most of these discounts may include but are not limited to:

• State Farm
• Farmers Insurance
• Progressive
• Geico
• Auto-Owners Insurance
• The Hartford
• Farm Bureau
• USAA

If you need inexpensive car insurance quotes, ask every insurance company to apply every possible discount. Some of the discounts discussed earlier may not apply in your area. For a list of providers that offer many of these discounts, click this link.

When should I discuss my situation with an agent?

When buying the right insurance coverage, there really is not a best way to insure your cars. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine whether or not you could use an agent’s help.

• How do I insure my teen driver?
• What are the financial responsibility laws in my state?
• How high should deductibles be on a 1990 Mercedes-Benz 300-Class?
• Are there companies who specialize in insuring high-risk drivers?
• Do I need PIP (personal injury protection) coverage in my state?
• What is the minimum liability in my state?
• At what point should I drop full coverage?
• Am I covered when driving someone else’s vehicle?
• Is my cargo covered for damage or theft?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed agent. To find an agent in your area, simply complete this short form.

Coverages available on your policy

Having a good grasp of your car insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Mercedes-Benz 300-Class.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually the UM/UIM limits are identical to your policy’s liability coverage.

Liability car insurance

This coverage provides protection from damage that occurs to other people or property by causing an accident. This insurance protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as funeral expenses, repair bills for other people’s vehicles, attorney fees and court costs. How much coverage you buy is your choice, but you should buy as much as you can afford.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as a broken windshield, theft and vandalism. The most a car insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

This will pay to fix damage to your 300-Class resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims like colliding with a tree, colliding with another moving vehicle and hitting a parking meter. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also bump up the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for bills for doctor visits, ambulance fees and pain medications. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

In the end, you save

Affordable 1990 Mercedes-Benz 300-Class insurance can be found online and with local insurance agents, and you should be comparing both to have the best selection. A few companies do not provide online quoting and usually these regional carriers prefer to sell through local independent agencies.

Consumers change insurance companies for a number of reasons such as delays in responding to claim requests, delays in paying claims, policy non-renewal and even high rates after DUI convictions. It doesn’t matter what your reason, finding a new company is not as difficult as it may seem.

As you shop your coverage around, never buy poor coverage just to save money. There are a lot of situations where drivers have reduced physical damage coverage only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find for the lowest cost and still be able to protect your assets.

For more information, feel free to browse the resources below:

• Your Car has been Stolen: Now What? (Allstate)
• Safe Vehicles for Teens (iihs.org)
• Teen Driver Statistics (Insurance Information Insitute)
• Safety Features for Your New Car (State Farm)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)