Save on 2004 Mercedes-Benz S-Class Insurance Quotes

Want cheaper insurance rates for your Mercedes-Benz S-Class? Trying to find cheaper insurance for your Mercedes-Benz S-Class can turn out to be an all-consuming task, but you can use our insurance buying tips to make it easier.

There is a better way to shop for insurance and you need to know the best way to quote coverages for your Mercedes-Benz and find the best price possible from local insurance agents and online providers.

Consumers need to shop coverage around as often as possible because insurance rates tend to go up over time. Just because you had the best premium rates on S-Class coverage last year you can probably find a better price now. There are a lot of ways to save on insurance out there, but I’m going to show you the best ways to find cheap insurance.

Buying cheaper insurance can be fairly easy. If you are insured now or need a new policy, you can use this information to cut your premiums while maximizing coverage. Consumers only need an understanding of the best way to compare rates over the internet.

Compare car insurance rates

The majority of larger companies such as 21st Century, Allstate and State Farm give prices for coverage on their websites. Obtaining pricing is very simple as all you need to do is type in the coverages you want into the quote form. When the form is submitted, the system makes automated requests for reports for credit and driving violations and returns a price.

Quoting online makes comparing rates easy, but having to visit several different sites and complete many quote forms can get tiresome after awhile. But it’s very important to compare as many rates as possible in order to get a better rate.

Compare rates the easy way

An easier way to get multiple rate quotes uses one simple form to return rates from many companies. It saves time, helps eliminate reptitive entry, and makes online quotes a little more enjoyable. As soon as the form is sent, it is quoted and you can select any of the resulting price quotes.

If the quotes result in lower rates, you can simply submit the application and buy the policy. It takes less than 15 minutes and you’ll know if lower rates are available.

In order to use this form to compare rates, click here to open in new window and enter your vehicle and coverage information. If you have a policy now, it’s recommended you type in the limits and deductibles as shown on your current policy. Doing this assures you will get a price comparison based on the exact same insurance coverage.

Car insurance discounts are available to slash your rates

The cost of insuring your cars can be expensive, but you might be missing out on some discounts that you may not know about. Many discounts should be triggered when you quote, but a few need to be manually applied before you get the savings.

• Resident Student – Children who live away from home at college and do not take a car to college can receive lower rates.
• Own a Home and Save – Being a homeowner can save a few bucks due to the fact that maintaining a home means you have a higher level of financial diligence.
• Save with a New Car – Adding a new car to your policy can cost up to 25% less due to better safety requirements for new vehicles.
• Discounts for Responsible Drivers – Accident-free drivers may receive a discount up to 45% on S-Class coverage compared to accident prone drivers.
• Employee of Federal Government – Employees or retirees of the government can earn a discount up to 10% on S-Class coverage with a few car insurance companies.
• Defensive Driver – Completing a defensive driving course could earn you a small percentage discount and easily recoup the cost of the course.
• Life Insurance – Select car insurance companies reward you with a break if you buy some life insurance in addition to your auto policy.
• Professional Memberships – Joining qualifying clubs or civic groups is a good way to get lower rates on your next car insurance statement.
• Active Military Service – Having a family member in the military can result in better premium rates.

One thing to note about discounts is that many deductions do not apply to the entire cost. A few only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.

Auto insurance companies that may include many of the previously listed discounts include:

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

If you are trying to find cheap car insurance quotes, ask each company or agent which credits you are entitled to. A few discounts may not be offered in your area. To find insurance companies that provide some of the discounts listed above, click this link.

Choices you make can impact your insurance prices

Part of the car insurance buying process is learning some of the factors that play a part in calculating the price you pay for car insurance. When you understand what determines premiums, this enables informed choices that could help you find lower car insurance prices.

• Excellent credit scores equal low premiums – Having a bad credit rating will be a significant factor in your rate calculation. Insureds with high credit ratings tend to be more responsible and file fewer claims as compared to drivers with lower ratings. If your credit score can use some improvement, you could save money insuring your 2004 Mercedes-Benz S-Class by improving your rating.
• Liability coverage safeguards assets – Your car insurance policy’s liability coverage kicks in if ever a court rules you are at fault for personal injury or accident damage. Liability insurance provides for a legal defense which can cost a lot. Carrying liability coverage is mandatory and cheap compared to physical damage coverage, so drivers should buy more than the minimum limits required by law.
• Occupation reflects on prices – Did you know your car insurance rates can be affected by your occupation? Occupations such as fire fightersair traffic controllers and emergency personnel tend to pay higher premium rates in part from intense work-related stress and lengthy work days. Conversely, jobs like actors, students and performers generally pay rates lower than average on S-Class coverage.
• Policy add-ons add up – There are a ton of add-on coverages that can waste your money but may not be useful. Coverage for things like rental car reimbursement, better glass coverage, and additional equipment coverage may be wasting your money. They may seem like a good idea when talking to your agent, but if you have no use for them think about removing them and cutting costs.
• Raising coverage deductibles saves money – Comp and collision deductibles define the amount you are required to pay before a claim is paid by your company. Physical damage coverage, also called comprehensive and collision insurance, protects your car from damage. Some instances where coverage would apply would be colliding with a stationary object, vandalism, or theft of your vehicle. The more money you have to pay, the less your car insurance will be on S-Class coverage.

Everyone needs different auto insurance coverages

When choosing the right insurance coverage for your personal vehicles, there isn’t really a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining if your insurance needs will benefit from professional help.

• Should I drop comprehensive coverage on older vehicles?
• I have good health insurance, so how much medical payments coverage do I need?
• Do I have coverage for damage caused while driving under the influence?
• What can I do if my company denied a claim?
• Am I covered when pulling a rental trailer?
• How does medical payments coverage work?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form. It’s fast, doesn’t cost anything and may give you better protection.

Save 15 percent in 15 minutes? Is it for real?

Consumers can’t escape the ads for insurance savings by 21st Century, Allstate and State Farm. All the ads say the same thing that people will save if you change your insurance coverage to their company.

It sounds good, but how can they all offer you a better deal?

Most companies look for specific characteristics for a prospective insured that is profitable for them. One example of a profitable customer might have to be over the age of 45, has never had a claim, and drives a vehicle with a low ISO rating. Any person who fits that profile gets the lowest prices and will also cut their rates substantially.

Potential customers who are not a match for the ideal profile will get a higher premium which usually ends up with the customer buying from someone else. If you pay close attention to the ads, they say “people who switch” not “all people who quote” save that much money. That’s why insurance companies can make the claims of big savings.

This really emphasizes why you absolutely need to get price quotes at each policy renewal. It’s not possible to predict which insurance companies will provide the lowest car insurance rates.

Insurance coverage considerations

Learning about specific coverages of your insurance policy helps when choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Mercedes-Benz S-Class.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Usually these limits are identical to your policy’s liability coverage.

Collision insurance

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as hitting a mailbox, backing into a parked car, sustaining damage from a pot hole, rolling your car and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance kick in for expenses such as prosthetic devices, ambulance fees, dental work and nursing services. They can be used in conjunction with a health insurance program or if you lack health insurance entirely. It covers both the driver and occupants and also covers getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Liability insurance

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

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for things such as bail bonds, funeral expenses and legal defense fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Comprehensive insurance

Comprehensive insurance pays for 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 insurance covers things like a broken windshield, falling objects, fire damage and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

In conclusion

Insureds change insurance companies for a variety of reasons including high rates after DUI convictions, unfair underwriting practices, policy cancellation or even being labeled a high risk driver. Regardless of your reason for switching companies, finding the right car insurance provider is not as hard as you think.

When shopping online for car insurance, don’t be tempted to buy less coverage just to save a little money. There are many occasions where an accident victim reduced physical damage coverage only to find out that their decision to reduce coverage ended up costing them more. The aim is to find the BEST coverage at an affordable rate while not skimping on critical coverages.

In this article, we covered many ideas to compare 2004 Mercedes-Benz S-Class insurance rates online. It’s most important to understand that the more quotes you get, the better likelihood of getting the cheapest car insurance. You may even find the biggest savings come from some of the smallest insurance companies.

Additional detailed information is located by following these links:

• Car Insurance FAQ (Trusted Choice)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• State Laws for Cellphones and Texting (iihs.org)
• Alcohol Impaired Driving FAQ (iihs.org)