Lower Your 2001 Mercedes-Benz S-Class Car Insurance Rates

Consumers that are new to shopping for car insurance online are likely to find locating cheap insurance is quite challenging.

If you have car insurance now, you will most likely be able to reduce your rates substantially using these methods. This information will tell you the most effective way to quote insurance and some money-saving tips. Nevertheless, vehicle owners must comprehend how the larger insurance companies compete online and apply this information to your search.

Find hidden discounts to get affordable auto insurance quotes

Some insurers don’t list every disount available in an easy-to-find place, so the following list contains a few of the more common and also the more inconspicuous discounts that may be available.

  • Driver Education Discount – Cut your cost by having your teen driver enroll and complete driver’s education as it will make them better drivers and lower rates.
  • Bundled Policy Discount – If you can bundle your auto and homeowners insurance and place coverage with the same company you could get a discount of approximately 10% to 15%.
  • Telematics Data Discounts – Insureds that choose to allow their auto insurance company to monitor driving manner by installing a telematics device such as State Farm’s In-Drive might see lower rates if they have good driving habits.
  • Anti-theft System – Cars, trucks, and SUVs with anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
  • Senior Citizen Rates – Seniors can possibly qualify for a small discount on rates on S-Class coverage.
  • Multi-Vehicle Discounts – Buying a policy with multiple cars on one policy can get a discount for every vehicle.
  • Seat Belts Save – Using a seat belt and requiring all passengers to buckle up could cut 10% or more off the PIP or medical payment premium.
  • Resident Student – who are attending college and do not have a car may be able to be covered for less.

Policy discounts save money, but most credits do not apply to the entire cost. The majority will only reduce specific coverage prices like liability and collision coverage. So even though they make it sound like you can get free auto insurance, it doesn’t quite work that way.

Large auto insurance companies and some of their more popular discounts include:

  • Geico policyholders can earn discounts including federal employee, membership and employees, good student, air bags, and multi-policy.
  • MetLife has discounts for defensive driver, good student, accident-free, claim-free, and good driver.
  • State Farm discounts include driver’s education, Drive Safe & Save, anti-theft, accident-free, good driver, multiple policy, and student away at school.
  • Progressive includes discounts for continuous coverage, homeowner, online quote discount, multi-policy, multi-vehicle, and good student.
  • Mercury Insurance has savings for good student, accident-free, anti-theft, age of vehicle, good driver, and location of vehicle.
  • 21st Century offers discounts including 55 and older, homeowners, anti-lock brakes, student driver, teen driver, and early bird.
  • Allstate may include discounts for auto/life discount, anti-lock brakes, teenSMART discount, utility vehicle, and senior citizen.

If you need lower rates, check with every insurance company the best way to save money. All car insurance discounts might not be available to policyholders in every state.

Compare free insurance coverage rate quotes

When shopping for insurance coverage there are multiple ways of comparing price quotes from many insurance coverage companies in your state. The easiest way to find cheaper 2001 Mercedes-Benz S-Class rates involves getting comparison quotes online. This can be done in a couple of different ways.

  1. Experts agree that the best way consumers can analyze rates would be an industry-wide quote request form click to view form in new window. This easy form keeps you from doing separate quote forms to each individual insurance coverage company. One form submission gets you coverage quotes from all major companies. It’s definitely the quickest method.
  2. A different way to find lower rates is spending the time to visit the website for each individual company to complete their respective quote request forms. For examples sake, let’s assume you want to view quotes from Liberty Mutual, Allstate and GMAC. To find out each rate you need to navigate to each company’s site and repeatedly type in your coverage information, and that’s why the first method is more popular.

    To view a list of companies in your area, click here.

  3. The least efficient and most time consuming method to price shop rates is going to each insurance agency near you. The ability to quote online has made agencies unnecessary unless you prefer the professional assistance of a local agency. Drivers can comparison shop your insurance online and have a local agent actually service the policy.

Compare rates however you want, just make absolute certain that you use exactly the same coverage limits and deductibles for every company. If you compare different data then you won’t be able to get a fair rate comparison. Even a minor difference in coverages can result in a big premium difference. Just keep in mind that quoting more helps improve the odds of finding more affordable insurance.

Tailor your auto insurance coverage to you

When choosing adequate coverage for your vehicles, there is no one size fits all plan. Coverage needs to be tailored to your specific needs.

These are some specific questions can aid in determining whether your personal situation could use an agent’s help.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Do I need medical payments coverage since I have good health insurance?
  • Do I have coverage for damage caused while driving under the influence?
  • Can I rate high risk drivers on liability-only vehicles?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Should I drop comprehensive coverage on older vehicles?
  • Is my dog or cat covered if injured in an accident?
  • Is my teenager covered with friends in the car?
  • What can I do if my company won’t pay a claim?

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

Auto insurance policy coverages for a Mercedes-Benz S-Class

Knowing the specifics of your policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Collision – This will pay to fix damage to your S-Class from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with another moving vehicle, hitting a parking meter, scraping a guard rail, sustaining damage from a pot hole and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Medical costs insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses such as surgery, funeral costs, hospital visits and nursing services. They are often used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Liability – Liability coverage can cover damage that occurs to people or other property that is your fault. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000.

Liability coverage protects against claims like bail bonds, repair bills for other people’s vehicles and medical services. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Comprehensive or Other Than Collision – Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like fire damage, a broken windshield, rock chips in glass and hitting a deer. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries to you and your family and damage to your Mercedes-Benz S-Class.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Buy online or local, you save

As you go through the steps to switch your coverage, don’t be tempted to sacrifice coverage to reduce premiums. There have been many situations where an insured dropped uninsured motorist or liability limits and learned later that it was a big error on their part. The ultimate goal is to buy enough coverage at the best cost while still protecting your assets.

We just showed you a lot of tips how to get a better price on 2001 Mercedes-Benz S-Class insurance. The key concept to understand is the more you quote insurance, the more likely it is that you will get a better rate. Drivers may discover the lowest prices are with a small local company.

Lower-priced car insurance is possible from both online companies as well as from independent agents, and you should compare rates from both to get a complete price analysis. A few companies do not provide the ability to get quotes online and many times these smaller companies only sell coverage through independent agencies.

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Comments About 2001 Mercedes-Benz S-Class Insurance

  1. Carlee Joyner

    Can I get replacement cost coverage for a 2001 Mercedes-Benz S-Class?

  2. Assunta Potts

    It all costs too much. Found cheapest coverage with 21st Century for my 2001 Mercedes-Benz S-Class and saved around $100 a year. Hardly afford to drive anymore. It’s too old for full coverage.

  3. Rico Kramer

    Just my two cents. From a town just southwest of Houston, Texas. I quoted with Amica, Safeco, and some smaller one I can’t remember the name of for my S-Class and saved about $80 a year. Good savings if you bundle.

  4. Verena Fuentes

    I’m in the east part of Kansas City, KS. Compared quite a few companies. Saved about $20 a month. 21st Century was the cheapest for me. Did it all online.

  5. Jean Patel

    Liked the article. Located in Spokane, WA. Not sure of all the companies but I ended up saving about $30 each month. Only insure liability on my Mercedes-Benz.

  6. Bobby Saunders

    Live in Colorado Springs, CO. I quoted with Hanover, AAA, Sentry, and a couple others for my 2001 Mercedes-Benz S-Class and saved just over $80 a year. Wish I didn’t have to insure at all. When should I drop full coverage?

  7. Elnora Diaz

    Here’s my info. I live east of Portland, ME. Got rates from USAA, Amica, The General, and Sentry for my S-Class and cut my rates about $80 a year. Left American Family to switch. I have kids on my policy, too. Anyone else drop full coverage?

  8. Vilma Paul

    Not sure what I should be paying. I live in Mobile, AL. I don’t recall every quote but I ended up saving about $30 each month. I used their website to get prices.

  9. Novella Yates

    I’m looking for cheaper coverage. I live in Salt Lake City, Utah. Quoted with 21st Century, Amica, and some I forget for my S-Class and saved just over $70 a year. I’m a pretty good driver though. Can still barely afford it. I just carry liability insurance.

  10. Shirlee Thomas

    I got decent rates for a 2001 Mercedes-Benz S-Class in Las Cruces, NM. Ended up at about $120 every six months with American Family. Hardly afford to drive anymore.

  11. Idalia Walls

    Where is cheaper car insurance? From west side of New York City, NY. Got car insurance quotes with Auto-Owners, Esurance, and MetLife for my 2001 Mercedes-Benz S-Class and saved $109 a year. Left Allstate to switch. Liability only on my S-Class.