2010 Mercedes-Benz S-Class Insurance Rates – 5 Ideas for Cheaper Quotes

Are you at wits end from scraping nickels together to keep your car insured? You’re in the same situation as many other drivers. Due to the large number of companies to choose from, it is very difficult to pick the lowest cost insurer.

Smart consumers take time to get comparison quotes on a regular basis because auto insurance prices change frequently. Just because you found the best price for S-Class coverage last year you can probably find a better rate quote now. There is lot of inaccurate information about auto insurance on the internet, but in this article, you’re going to get some great ideas on how to put money back in your pocket.

Affordable car insurance rate quotes

Cutting your car insurance rates isn’t really that difficult. You just need to invest a little time to compare free insurance quotes to find the company with the cheapest insurance quotes. This can be done using one of these methods.

1. The fastest way to get quotes for comparison would be an industry-wide quote request form click here to open form in new window. This quick form saves time by eliminating separate quotation requests to each individual car insurance company. One quote request gets rate comparisons from all major companies.
2. A slightly less efficient method to find more affordable insurance requires you to visit the website for each individual company and repeat the quote process. For example, let’s assume you need rates from Allstate, Safeco and Geico. In order to compare rates, you need to spend time on each company’s site to enter your coverage information, which can take a lot of time.

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

3. The hardest way to price shop rates is to drive around to different agent offices. Comparing rate quotes online eliminates the middleman unless you require the personal advice that can only be provided by a licensed insurance agent. Drivers can comparison shop your insurance online but have a local agent actually write the policy.

Compare rates however you want, just try to keep the same information on every price quote you get. If you are comparing different deductibles then you won’t be able to determine the best price for your Mercedes-Benz S-Class.

Tricks in insurance coverage advertising

Consumers can’t get away from ads that promise big savings for switching by 21st Century, Allstate and State Farm. All the ads advertise claims that you’ll save big if you move your coverage.

How does every company charge less that you’re paying now? Here is how they do it.

Insurance providers have an ideal profile for a prospective insured that will add to their bottom line. One example of this type of risk profile may need to be over the age of 40, has no claims, and drives less than 5,000 miles a year. Someone who matches those parameters gets the lowest car insurance rates and most likely will pay quite a bit less when switching companies.

Insureds who cannot meet this ideal profile must pay higher premiums and this can result in the prospect going elsewhere. The wording the ads use say “drivers who switch” but not “everyone who gets a quote” can save as much as they claim. This is how companies can truthfully advertise the savings. This really illustrates why you should get insurance quotes from several different companies. It’s impossible to know which insurance coverage company will have the lowest rates.

Verify you’re earning every discount

Companies do not list every discount they offer in an easy-to-find place, so here is a list both well-publicized and the harder-to-find credits available to bring down your rates.

• Braking Control Discount – Vehicles with ABS and/or traction control can reduce accidents and will save you 10% or more.
• Lower Rates for Military – Being deployed with a military unit can result in better premium rates.
• Auto/Home Discount – If you combine your auto and homeowners policies with the same company you may save as much as 10 to 15 percent.
• Low Mileage Discounts – Driving less can earn substantially lower premium rates.
• Sign Online – A few larger online companies may give you up to $50 shop insurance on the web.

It’s important to note that most discounts do not apply to your bottom line cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. Just because it seems like you could get a free auto insurance policy, it doesn’t quite work that way.

Companies and their offered discounts are shown below.

• Farmers Insurance offers premium reductions for electronic funds transfer, distant student, switch companies, homeowner, and mature driver.
• Esurance policyholders can earn discounts including anti-theft, defensive driver, online shopper, safety device, good student, and online quote.
• State Farm may include discounts for Drive Safe & Save, good driver, Steer Clear safe driver discount, multiple policy, and good student.
• Geico may have discounts that include defensive driver, federal employee, five-year accident-free, multi-vehicle, emergency military deployment, anti-lock brakes, and daytime running lights.
• Allstate offers discounts for multi-policy, defensive driver, premier plus, teenSMART discount, FullPay discount, auto/life discount, and anti-lock brakes.

Before you buy a policy, ask each insurance company the best way to save money. Some of the earlier mentioned discounts may not be offered in your area.

When should I discuss my situation with an agent?

When buying proper insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Every insured’s situation is different so your insurance needs to address that. For example, these questions may help highlight if you may require specific advice.

• When should I buy a commercial auto policy?
• Am I covered when driving in Canada or Mexico?
• Should I buy additional glass protection?
• Is my custom paint covered by insurance?
• Should I buy more coverage than the required minimum liability coverage?
• When do I need to add a new car to my policy?
• Am I covered when driving on a suspended license?
• Do I need medical payments coverage since I have good health insurance?
• Do I have coverage when making deliveries for my home business?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Insurance coverage considerations

Knowing the specifics of your policy can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. These are the usual coverages available from insurance companies.

Auto liability insurance

This provides protection from damage or injury you incur to people or other property by causing an accident. This coverage protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and $100,000 of coverage for damaged propery.

Liability insurance covers things like medical services, court costs, loss of income, funeral expenses and medical expenses. How much coverage you buy is your choice, but you should buy as large an amount as possible.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for bills such as funeral costs, rehabilitation expenses and ambulance fees. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

UM/UIM Coverage

This coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and also any damage incurred to your Mercedes-Benz S-Class.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Collision insurance

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision can pay for claims like hitting a mailbox, sustaining damage from a pot hole and driving through your garage door. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, theft and a broken windshield. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

In Summary

When searching for cheap insurance quotes, it’s a bad idea to reduce coverage to reduce premium. In many cases, drivers have reduced collision coverage only to regret they didn’t purchase enough coverage. The goal is to purchase plenty of coverage at the lowest possible cost, but do not sacrifice coverage to save money.

Lower-priced auto insurance is possible both online and also from your neighborhood agents, and you should be comparing both so you have a total pricing picture. Some companies don’t offer rate quotes online and most of the time these regional carriers only sell coverage through local independent agencies.

Helpful articles

• Understanding Limits and Deductibles (Allstate)
• All About Airbag Safety (State Farm)
• Car Insurance FAQ (Trusted Choice)
• Alcohol Impaired Driving FAQ (iihs.org)
• Insurance Losses by Make and Model (iihs.org)
• Vehicle Safety Ratings (iihs.org)