How Much Does 2003 Mercedes-Benz S-Class Car Insurance Cost?

Looking for better car insurance rates for your Mercedes-Benz S-Class? Overpriced Mercedes-Benz S-Class insurance can dry up your savings and require stricter spending habits. There are many auto insurance companies to choose from, and although it’s a good thing to have a selection, it can be more challenging to compare rates and find the lowest cost car insurance.

The quickest method to compare insurance rates in your area is to understand car insurance companies provide online access to compare rate quotes. All you need to do is take a few minutes to give details including whether you drive to work or school, if your license is active, types of safety features, and if a SR-22 is required. Your rating data is sent automatically to multiple car insurance providers and they provide comparison quotes quickly.

To check Mercedes-Benz S-Class insurance prices now, click here and complete the quick form.

Insurance discounts are available to slash your rates

The cost of insuring your cars can be expensive, but you may qualify for discounts that may help make it more affordable. Larger premium reductions will be automatically applied at quote time, but lesser-known reductions have to be manually applied prior to receiving the credit.

• Payment Method – By making one initial payment rather than paying in monthly installments you may reduce your total bill.
• Discount for Home Ownership – Owning your own home or condo can earn you a little savings because of the fact that having a home means you have a higher level of financial diligence.
• Theft Deterent System – Cars equipped with anti-theft or alarm systems are stolen less frequently and that can save you a little bit as well.
• Good Student Discount – Getting good grades may save you up to 25%. This discount can apply up to age 25.
• Discounts for Government Workers – Being employed by or retired from a federal job can save as much as 8% on S-Class coverage with a few insurance companies.
• Multi-Vehicle Discounts – Drivers who insure all your vehicles on one policy may reduce the rate for each vehicle.
• Multiple Policy Discount – If you can bundle your auto and homeowners insurance and insure them both with the same insurance company you will save up to 20% and get you cheaper car insurance.
• Telematics Data – Drivers who agree to allow their insurance company to analyze where and when they drive by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they are good drivers.

As a sidenote, many deductions do not apply to the overall cost of the policy. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like all the discounts add up to a free policy, you aren’t that lucky.

Some of the larger companies that have these benefits include:

• 21st Century
• State Farm
• AAA
• Liberty Mutual
• Progressive

If you want cheap car insurance quotes, ask each company how many discounts you can get. Some of the discounts discussed earlier might not be offered in your state. To see providers that can offer you the previously mentioned discounts, click here.

Everyone needs different insurance coverage coverages

When buying the right insurance coverage for your vehicles, there really is no one size fits all plan. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might point out if your insurance needs would benefit from professional advice.

• Am I better off with higher deductibles on my 2003 Mercedes-Benz S-Class?
• What if I owe more than I can insure my car for?
• Should I buy only the required minimum liability coverage?
• Should I have combined single limit or split liability limits?
• Can I get a multi-policy discount for packaging my home and auto coverage?
• What is covered by UM/UIM coverage?
• Where can I find DUI or SR-22 insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Learn about auto insurance coverages for a Mercedes-Benz S-Class

Learning about specific coverages of auto insurance helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are typical coverage types found on the average auto insurance policy.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses like X-ray expenses, hospital visits, funeral costs and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, hitting a bird and damage from getting keyed. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Protection from uninsured/underinsured drivers

This protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Mercedes-Benz S-Class.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision can pay for claims such as colliding with another moving vehicle, driving through your garage door and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.

Liability

Liability coverage will cover damage that occurs to other’s property or people by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which stand for a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as funeral expenses, structural damage, pain and suffering and repair bills for other people’s vehicles. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.