Save on 2002 Mercedes-Benz S-Class Insurance Quotes

Searching for cheaper car insurance rates for your Mercedes-Benz S-Class? If you are new to online price comparisons, there’s a good chance you are confused because of the huge number of online companies competing for business.

Smart consumers take time to take a look at other company’s rates as often as possible because car insurance rates change frequently. Even if you think you had the lowest rate for S-Class coverage a couple years back you can probably find a better price now. Block out anything you think you know about car insurance because you’re going to get a crash course in how to quote online to save on car insurance.

If you currently have car insurance, you will most likely be able to reduce your rates substantially using these techniques. The purpose of this article is to teach you how car insurance quotes work and some money-saving tips. But consumers can benefit by having an understanding of the way insurance companies compete online and take advantage of how the system works.

Save a ton with these auto insurance discounts

Some providers don’t always publicize all available discounts in an easy-to-find place, so the next list breaks down a few of the more common and the more hidden discounts that you can inquire about if you buy insurance coverage online.

• Smart Student Discounts – A discount for being a good student can save 20 to 25%. The discount lasts up to age 25.
• Professional Memberships – Belonging to a civic or occupational organization could qualify you for a break when shopping for auto insurance.
• Drive Safe and Save – Accident-free drivers may receive a discount up to 45% for S-Class coverage compared to accident prone drivers.
• 55 and Retired – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums for S-Class coverage.
• Data Collection Discounts – Insureds that choose to allow their auto insurance company to study driving habits by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive might see lower rates as long as the data is positive.
• Own a Home and Save – Just being a homeowner can save you money because of the fact that having a home means you have a higher level of financial diligence.

Don’t be surprised that most of the big mark downs will not be given to all coverage premiums. A few only apply to individual premiums such as liability, collision or medical payments. Despite the fact that it seems like you would end up receiving a 100% discount, you won’t be that lucky. But any discount should help reduce the cost of coverage.

A few popular companies and their possible discounts are shown below.

• Geico policyholders can earn discounts including five-year accident-free, driver training, multi-vehicle, seat belt use, and membership and employees.
• Travelers discounts include multi-policy, driver training, IntelliDrive, early quote, new car, and home ownership.
• Nationwide may have discounts that include easy pay, Farm Bureau membership, multi-policy, business or organization, and family plan.
• Farmers Insurance offers discounts for teen driver, electronic funds transfer, homeowner, business and professional, and multi-car.
• Esurance has discounts for homeowner, online shopper, Switch & Save, safety device, DriveSense, Pac-12 alumni, and multi-policy.
• State Farm includes discounts for multiple policy, safe vehicle, student away at school, defensive driving training, accident-free, and multiple autos.
• Progressive has savings for good student, multi-policy, homeowner, online quote discount, and continuous coverage.
• Mercury Insurance may include discounts for professional/association, age of vehicle, location of vehicle, accident-free, annual mileage, multi-policy, and type of vehicle.

Before you buy a policy, ask every insurance company what discounts are available to you. Some of the discounts discussed earlier may not apply to policies in your area. If you would like to view insurers that offer discounts, click this link.

How to buy insurance coverage

The are a couple different ways to compare rate quotes from different companies. The easiest way to lower the rate you pay for 2002 Mercedes-Benz S-Class insurance consists of shopping online. This is quite simple and can be completed by using one of the methods below.

The most efficient way to get the best comparison quotes is to use a rate comparison form click to view form in new window. This style of form keeps you from doing a different quote to each individual insurance coverage company. In just a few minutes this one form gets insurance cost estimates from several companies. Just one form and you’re done.

A different way to compare prices requires a visit to the website for every company you want to comare to request a price quote. For examples sake, we’ll pretend you want to get rates from Farmers, Progressive and Liberty Mutual. You would need to take the time to go to each site to input your insurance information, which is why the first method is quicker. For a list of links to companies insuring cars in your area, click here.

The least efficient and most time consuming method to price shop rates is going to different agent offices. Comparing online rate quotes makes this process obsolete unless you have a complicated situation and need the trained advice of a local agency. Drivers can compare online quotes but still have the advice of a local agent.

You can use whichever method you prefer to find lower rates, just make sure you are using apples-to-apples information with every price quote. If you are comparing higher or lower deductibles then you won’t be able to decipher which rate is best. Slightly different insurance coverages can mean a large discrepancy in price. And when comparison shopping, comparing more quotes helps locate lower pricing.

Auto insurance can get complicated

When buying adequate coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight whether or not you would benefit from professional advice.

• Do I have coverage when pulling a U-Haul trailer?
• Can my teen drive my company car?
• Will my rates increase for filing one claim?
• How do I buy GAP insurance?
• When should I buy a commercial auto policy?
• Can my teen driver be rated on a liability-only vehicle?
• When can I cancel my policy?
• Where can I get insurance after a DUI in my state?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, simply complete this short form.

Car insurance coverages and their meanings

Knowing the specifics of your policy helps when choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims like damage from flooding, rock chips in glass, a broken windshield, falling objects and vandalism. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like funeral costs, rehabilitation expenses and EMT expenses. They can be used in conjunction with a health insurance policy or if you lack health insurance entirely. It covers you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Coverage for liability

This protects you from damage or injury you incur to people or other property that is your fault. It protects you from legal claims by others. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers claims such as court costs, pain and suffering and medical services. How much coverage you buy is up to you, but you should buy as high a limit as you can afford.

Auto collision coverage

This pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a mailbox, colliding with another moving vehicle, crashing into a building and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually these coverages are similar to your liability insurance amounts.

Be Smart and Buy Smart

We just presented quite a bit of information on how to save on 2002 Mercedes-Benz S-Class insurance. It’s most important to understand that the more times you quote, the higher the chance of saving money. You may even find the most savings is with some of the smallest insurance companies.

Drivers leave their current company for a variety of reasons including an unsatisfactory settlement offer, poor customer service, extreme rates for teen drivers and even denial of a claim. It doesn’t matter what your reason, choosing a new insurance company is pretty simple and you could end up saving a buck or two.

Affordable 2002 Mercedes-Benz S-Class insurance can be found online and from local agencies, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance providers do not offer online quoting and many times these regional insurance providers provide coverage only through local independent agents.

To read more, feel free to visit these articles:

• Understanding Your Insurance Deductible (Insurance Information Insitute)
• Understanding Car Crashes Video (iihs.org)
• Tread Depth and Tire Safety (State Farm)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Protecting Teens from Drunk Driving (Insurance Information Insitute)