Cheaper 2005 Mercedes-Benz S-Class Car Insurance Quotes

Purchasing the most affordable insurance may seem to be challenging for people that are relatively new to price shopping online. With such a big selection of agents and insurance companies available, how can drivers be able to compare every possible option in order to find the cheapest available price?

Buying affordable insurance is easy if you know what you’re doing. Just about every driver who shops for insurance will more than likely be able to find better rates. But vehicle owners must know how companies compete online and take advantage of how the system works.

Auto insurance quotes comparison

To find the best auto insurance rates, there are several ways to get quotes from different insurance companies. The easiest way by far to find competitive Mercedes-Benz S-Class insurance rates is to jump online and get quotes. This is very easy and can be done using a couple different methods.

1. The most efficient way consumers can analyze rates is a comparison rater form like this one (opens in new window). This quick form saves time by eliminating separate forms for each company you want a rate for. A single, simple form will get you rate comparisons direct from many companies. This is perfect if you don’t have a lot of time.
2. A more time consuming way to shop for auto insurance online requires a trip to the website for every company you want to comare and fill out a new quote form. For sake of this example, we’ll pretend you are doing a rate comparison from Geico, Safeco and Allstate. To get rate quotes you would need to take the time to go to each site and punch in your information repeatedly, which can take a lot of time. For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but try to keep the same information for every company. If you compare higher or lower deductibles you will not be able to truly determine the lowest rate. Quoting even small variations in limits may result in a large different in cost. It’s important to know that comparing more quotes provides better odds of finding more affordable rates. Some smaller insurers to not give rate quotes online, so you need to compare quotes from those companies as well.

Lower insurance rates with these tips

When buying car insurance it’s important to understand a few of the rating criteria that come into play when calculating your policy premiums. If you have a feel for what controls the rates you pay, this allows you to make educated decisions that may result in lower rates.

• Drivers with good credit save on car insurance – Having a bad credit rating will be a significant factor in calculating your car insurance rates. People with high credit ratings tend to be less risk to insure than those with worse credit. If your credit score is not that good, you could be paying less to insure your 2005 Mercedes-Benz S-Class by improving your credit score.
• How many miles do you drive? – The more miles you rack up on your Mercedes-Benz each year the higher your rates will be. The majority of insurers rate vehicles based upon how much you drive. Cars not used for work or commuting cost less to insure as compared to vehicles used primarily for driving to work. An improperly rated S-Class can cost quite a bit. It’s always a good idea to double check that your car insurance policy states the correct usage, because it can save money.
• Marriage discount – Having a wife or husband actually saves money on your policy. Having a spouse is viewed as being more mature and it’s statistically proven that drivers who are married are more cautious.
• Good drivers pay lower premiums – Having just one ticket could increase your next policy renewal substantially. Good drivers pay less for auto insurance compared to drivers with tickets. Drivers unfortunate enough to have dangerous violations such as hit and run, DWI or reckless driving convictions might be required by their state to prove financial responsibility with their state motor vehicle department in order to legally drive.
• Occupation can influence car insurance rates – Jobs like military personnel, business owners and emergency personnel tend to have higher average rates attributed to high stress and long work days. On the flip side, careers such as farmers, historians and homemakers have lower than average premiums for S-Class insurance.
• Decrease car insurance rates by maintaining coverage – Driving your car without having proper coverage is a big no-no and any future policy may cost more because you let your coverage cancel without a new policy in place. In addition to paying higher rates, not being able to provide proof of insurance may earn you a revoked license or a big fine. You may then have to file a SR-22 with your state motor vehicle department to get your license reinstated.
• More traffic equals higher costs – Having an address in smaller towns and rural areas of the country has definite advantages when talking about car insurance. Drivers who live in large cities tend to have much more traffic and more time behind the wheel. Lower population translates into fewer accidents and a lower car theft rate.
• Cars with good safety ratings means better car insurance rates – Cars with high safety ratings can get you lower premiums. Vehicles engineered for safety reduce occupant injuries and fewer serious injuries translates into fewer and smaller insurance claims which can mean better rates for you.

Verify you’re getting every discount

Car insurance companies don’t necessarily list every discount in an easy-to-find place, so the below list has some of the more common and also the more inconspicuous credits available to you.

• Discounts for Government Workers – Active or former government employment could provide a small rate reduction for S-Class insurance with a few insurance companies.
• Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems may qualify for discounts of 25 to 30%.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and will save you 10% or more.
• Multi-car Discount – Buying insurance for more than one vehicle on one policy can get a discount for every vehicle.
• Senior Discount – If you qualify as a senior citizen, you could receive a discount up to 10% for S-Class insurance.
• Pay Upfront and Save – If paying your policy premium upfront rather than paying in monthly installments you may have a lower total premium amount.

Remember that most discount credits are not given the the whole policy. Some only reduce the price of certain insurance coverages like medical payments or collision. So despite the fact that it appears having all the discounts means you get insurance for free, you aren’t that lucky.

Car insurance companies that may have these money-saving discounts include:

• State Farm
• Esurance
• Progressive
• Liberty Mutual
• Auto-Owners Insurance
• Geico

If you need lower rates, check with all companies you are considering how you can save money. Discounts may not apply to policyholders in every state. For a list of insurance companies who offer insurance discounts, click this link.

When should I discuss my situation with an agent?

When it comes to buying proper insurance coverage, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help you determine whether your personal situation might need professional guidance.

• How do I insure my teen driver?
• Does coverage extend to a rental car in a foreign country?
• How much liability do I need to cover my assets?
• Why do I need rental car insurance?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Am I covered when driving on a suspended license?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form.

Information about specific coverages

Understanding the coverages of insurance can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz S-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance pay for expenses for things like doctor visits, ambulance fees, nursing services, funeral costs and EMT expenses. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Comprehensive insurance

This will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like hail damage, damage from getting keyed, hitting a deer, hitting a bird and fire damage. The maximum amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverages

This provides protection from damages or injuries you inflict on other’s property or people. It protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as emergency aid, structural damage and pain and suffering. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Auto collision coverage

Collision insurance covers damage to your S-Class resulting from colliding with an object or car. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a mailbox, damaging your car on a curb and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Save your hard earned cash

When getting insurance coverage quotes online, never skimp on critical coverages to save a buck or two. In many cases, an accident victim reduced full coverage only to regret at claim time that it was a big error on their part. The proper strategy is to purchase plenty of coverage for the lowest price but still have enough coverage for asset protection.

Some companies do not offer online rate quotes and these regional carriers provide coverage only through independent insurance agents. Cheaper 2005 Mercedes-Benz S-Class insurance can be sourced online and with local insurance agents, so compare prices from both to have the best selection.

Insureds leave their current company for a variety of reasons including policy cancellation, high prices, lack of trust in their agent and even poor customer service. Whatever your reason, choosing a new insurance company is not as difficult as it may seem.

Additional information can be read at these links:

• Vehicle Safety Ratings (iihs.org)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)
• How Can I Save Money on Auto Insurance? (Insurance Information Insitute)
• What to do at the Scene of an Accident (Insurance Information Insitute)
• Auto Insurance for Teen Drivers (Insurance Information Insitute)