Cheap 1991 Mercedes-Benz 300-Class Insurance Rates

Searching for cheaper auto insurance rates for your Mercedes-Benz 300-Class? No car owner loves paying for auto insurance, particularly when their premiums are too high.

Many insurers compete for your hard-earned dollar, and because of this it can be hard to compare car insurance companies to discover the definitive best rates possible.

Smart consumers take time to take a look at other company’s rates before your next renewal because prices change quite often. Even if you got the lowest rates for 300-Class coverage last year you may be paying too much now. Ignore everything you know about auto insurance because you’re going to get a crash course in the best methods to reduce your cost while increasing coverage.

How to lower your insurance costs

Multiple criteria are taken into consideration when you get your auto insurance bill. Most are fairly basic like a motor vehicle report, but other criteria are more transparent like your vehicle usage or your financial responsibility.Part of the insurance buying process is learning some of the elements that play a part in calculating your premiums. If you know what impacts premium levels, this empowers consumers to make smart changes that will entitle you to big savings.

The factors shown below are a few of the “ingredients” companies use to determine your prices.

• Liability protection limits on your policy – Liability insurance is the protection in the event that a jury decides you are liable for personal injury or accident damage. It will provide legal defense coverage to attempt to prove you were not liable. It is affordable coverage when compared with rates for comp and collision, so do not cut corners here.
• Being married reduces risk – Having a significant other can get you a discount on your insurance bill. Marriage demonstrates that you tend to be more mature and statistics show being married results in fewer claims.
• Your stress level may be raising your premiums – Careers such as judges, social workers and accountants have higher rates than average due to intense work requirements and long work days. Conversely, occupations like farmers, historians and the unemployed have lower than average premiums for 300-Class coverage.
• No policy claims equals better insurance rates – If you tend to file frequent claims, don’t be surprised to see higher rates. Auto insurance companies provide discounts to people who are claim-free. Your insurance policy is intended to be relied upon for larger claims.
• Never let your coverage expire – Driving with no insurance is against the law and you will pay a penalty because you let your insurance expire. Not only will you pay higher rates, not being able to provide proof of insurance could result in a fine, jail time, or a revoked license. You may need to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
• Your gender affects premiums – Over the last 50 years, statistics have shown females are less aggressive when driving. Now that doesn’t mean women are BETTER drivers than men. Females and males cause at-fault accidents at about the same rate, but the male of the species have costlier accidents. Not only are claims higher, but men get ticketed for serious violations such as DWI and reckless driving.
• Multiple policies with one company can save – Most larger insurers provide discounts to customers who carry more than one policy. It’s known as a multi-policy discount. Even if you qualify for this discount already, drivers will still want to check prices from other companies to help ensure you have the lowest rates.

Cut your car insurance rates with discounts

Car insurance is not an enjoyable expense, but you might find some hidden discounts to cut the cost considerably. Many discounts should be triggered when you quote, but lesser-known reductions have to be requested specifically prior to receiving the credit. If you do not check that you are getting every discount available, you’re just leaving money on the table.

• Telematics Discount – Drivers who agree to allow their company to track vehicle usage by using a telematics device such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they have good driving habits.
• Auto/Life Discount – Some car insurance companies give a lower rate if you buy a life policy as well.
• Driver’s Ed – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in school or through a local driver safety program.
• Low Mileage Discounts – Keeping the miles down on your Mercedes-Benz can qualify you for discounted prices on garaged vehicles.
• No Claim Discounts – Insureds with no claims or accidents pay less as opposed to policyholders that have many claims.
• Good Student – Maintaining excellent grades can get you a discount of up to 25%. This discount can apply up until you turn 25.
• Federal Government Employee – Active or former government employment could cut as much as 10% off for 300-Class coverage but check with your company.

As is typical with insurance, most discount credits are not given to the entire policy premium. A few only apply to the cost of specific coverages such as liability and collision coverage. So when the math indicates you would end up receiving a 100% discount, insurance companies wouldn’t stay in business. Any qualifying discounts will help lower your policy premiums.

Some of the insurance companies who may offer these money-saving discounts possibly include:

• Geico
• SAFECO
• State Farm
• MetLife
• 21st Century
• Progressive

Before purchasing a policy, check with all the companies which discounts you may be entitled to. All car insurance discounts may not apply to policyholders in your state. If you would like to view companies with discount car insurance rates, follow this link.

Advertising and car insurance

Companies like 21st Century, Allstate and State Farm constantly bombard you with ads in print and on television. They all advertise the message that drivers will save a bundle just by switching to them. How is it possible that every company can give you a lower rate?

Most companies quote their best rates for the driver that will add to their bottom line. An example of a preferred risk could be over the age of 35, has never had a claim, and has a short commute. A propective insured who fits that profile receive the lowest rate quotes and will probably cut their rates substantially.

Drivers who are not a match for these standards will have to pay a more expensive rate which results in the customer not purchasing. The trick companies use is to say “people who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why insurance companies can claim big savings.

Because every company is different, you need to compare quotes as often as possible. It is impossible to guess the company that will provide the lowest auto insurance rates.

You are unique and your car insurance should be too

When buying the best car insurance coverage for your vehicles, there really is not a single plan that fits everyone. Each situation is unique so this has to be addressed. These are some specific questions may help you determine if your situation may require specific advice.

• Is my vehicle covered by my employer’s policy when using it for work?
• I have a DUI can I still get coverage?
• How high should my medical payments coverage be?
• Can my teen driver be rated on a liability-only vehicle?
• Am I missing any policy discounts?
• What is roadside assistance coverage?
• Is my Mercedes-Benz 300-Class covered if I use it for business?

If you can’t answer these questions, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area.

Auto insurance coverages

Having a good grasp of your insurance policy aids in choosing the right coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverages offered by insurance companies.

Comprehensive coverages – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as vandalism, falling objects, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum amount you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision – This coverage pays for damage to your 300-Class resulting from colliding 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 pays for things like sideswiping another vehicle, crashing into a building and damaging your car on a curb. This coverage can be expensive, so consider dropping it from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Coverage for medical payments – Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like prosthetic devices, hospital visits and doctor visits. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your 1991 Mercedes-Benz 300-Class.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these limits are set the same as your liablity limits.

Liability insurance – Liability coverage provides protection from injuries or damage you cause to other people or property in an accident. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have a combined limit which provides one coverage limit without having the split limit caps.

Liability insurance covers claims such as funeral expenses, court costs, repair costs for stationary objects, legal defense fees and pain and suffering. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as large an amount as possible.

Coverage on a shoestring budget

As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. Too many times, an insured dropped full coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to buy enough coverage for the lowest cost and still be able to protect your assets.

We just presented some good ideas how you can lower your 1991 Mercedes-Benz 300-Class insurance prices. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even find the lowest priced insurance coverage comes from a lesser-known regional company. Some small companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm or Progressive.

Some insurance coverage companies may not offer rates over the internet and usually these small insurance companies sell through independent insurance agencies. Affordable 1991 Mercedes-Benz 300-Class insurance is possible both online and from local agencies, and you need to comparison shop both to have the best chance of lowering rates.

Much more information about insurance coverage can be read on the following sites:

• Teen Driving Statistics (iihs.org)
• Understanding Your Insurance Deductible (Insurance Information Insitute)
• A Tree Fell on Your Car: Now What? (Allstate)
• Safety Belts FAQ (iihs.org)
• How Much Auto Coverage do I Need? (Insurance Information Insitute)