1994 Mercedes-Benz S-Class Insurance Quotes – 9 Ways to Save

Having to pay for pricey car insurance can empty your budget and possibly require postponing other expenditures. Due to the increasing number of insurance providers from which to choose, it’s nearly impossible to locate the lowest price car insurance company.

Save with with these nine discounts

Some providers don’t always list every disount available in a way that’s easy to find, so the following is a list of both the well known as well as the least known discounts that may be available.

• Lower Rates for Military – Being deployed in the military could trigger a small discount.
• Discounts for New Vehicles – Insuring a new car is cheaper compared to insuring an older model.
• Accident Free – Insureds with no claims or accidents can save substantially in comparison with drivers who are more careless.
• Auto/Home Discount – If you combine your homeowners and auto policies with one company you may save nearly 15% which can help you find low cost insurance coverage.
• E-sign – Some of the larger companies may give you up to $50 for signing up digitally online.
• Club Memberships – Belonging to a civic or occupational organization could trigger savings when getting a insurance coverage quote.
• Anti-theft Discount – Cars equipped with anti-theft or alarm systems prevent vehicle theft and can earn a small discount on your policy.
• Safety Restraint Discount – Buckling up and requiring all passengers to buckle up may be able to save a few bucks off the PIP or medical payment premium.
• Driver’s Education for Students – Have your child participate in a local driver’s education class as it will make them better drivers and lower rates.

We need to note that most discounts do not apply the the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. If you do the math and it seems like all those discounts means the company will pay you, you won’t be that lucky. But all discounts will bring down your policy cost.

If you would like to see a list of insurers who offer free car insurance quotes, click here.

Is there truth in advertising?

Drivers can’t get away from all the ads that claim the best car insurance rates by companies like 21st Century, Allstate and State Farm. All the ads state the claim about how much you will save if you get a free insurance coverage quote and switch your policy.

How does every company offer you a better deal? It’s all in how they say it.

Insurance companies quote their best rates for the type of customer that earns them the most money. For example, a profitable risk profile could possibly be between the ages of 30 and 45, has never had a policy lapse, and does not commute to work. Anyone who meets those qualifications receives the best premium rates and is almost guaranteed to save a lot of money.

Potential customers who may not quite match the “perfect” profile may be forced to pay higher prices with the end result being the prospect going elsewhere. If you pay close attention to the ads, they say “people who switch” not “all people who quote” save money. That is how companies can truthfully make those claims. Each company has different criteria, so you really should compare price quotes frequently. It’s impossible to know which insurance companies will fit you best based on your risk profile.

Your situation helps dictate your coverage

When buying the right insurance coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For instance, these questions may help highlight if your insurance needs would benefit from professional advice.

• When can I cancel my policy?
• Is pleasure use cheaper than using my 1994 Mercedes-Benz S-Class to commute?
• Do I need added coverage for expensive stereo equipment?
• What is the difference between comprehensive and collision coverage?
• Can I rate high risk drivers on liability-only vehicles?
• Am I covered when driving in Canada or Mexico?
• How much liability coverage do I need in my state?
• When do I need to add a new car to my policy?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies. It’s fast, free and you can get the answers you need.

Car insurance coverage information

Understanding the coverages of insurance helps when choosing appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages available from insurance companies.

Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for expenses like doctor visits, prosthetic devices, EMT expenses, dental work and ambulance fees. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Collision coverage – This covers damage to your S-Class from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like crashing into a building, backing into a parked car and hitting a mailbox. This coverage can be expensive, so consider dropping it from lower value vehicles. Another option is to bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 1994 Mercedes-Benz S-Class.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability insurance – Liability insurance will cover damage that occurs to people or other property in an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage pays for things such as emergency aid, court costs, medical expenses and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as large an amount as possible.

Comprehensive (Other than Collision) – This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, damage from flooding and falling objects. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Save your hard earned cash

A few companies do not provide price quotes online smaller providers sell through local independent agents. Cheaper car insurance can be purchased on the web and with local insurance agents, and you need to price shop both to have the best rate selection.

In this article, we presented many tips how you can reduce 1994 Mercedes-Benz S-Class insurance auto insurance rates online. The key concept to understand is the more price quotes you have, the higher the chance of saving money. You may even discover the best price on car insurance is with a lesser-known regional company. They can often provide lower premium rates in certain areas compared to the large companies like State Farm and Allstate.

To learn more, feel free to visit the resources below:

• Auto Crash Statistics (Insurance Information Insitute)
• Safety Belts FAQ (iihs.org)
• Child Safety FAQ (iihs.org)
• Vehicle Insurance in the U.S. (Wikipedia)
• Five Tips to Save on Auto Insurance (Insurance Information Insitute)