Compare 2012 Mercedes-Benz S-Class Car Insurance Cost

Trying to find cheaper car insurance rates for your Mercedes-Benz S-Class? Searching for cheaper insurance for your Mercedes-Benz S-Class could be a painful process, but you can learn a few tricks and make it easy.

There are both good and bad ways to find car insurance online so we’re going to tell you the proper way to quote coverages for a new or used Mercedes-Benz and find the best price possible either online or from local insurance agents.

You need to compare premium rates on a regular basis since rates tend to go up over time. Despite the fact that you may have had the lowest rate on S-Class coverage a year ago other companies may now be cheaper. Block out anything you think you know about car insurance because I’m going to let you in on the secrets to the only way to reduce your cost while improving coverage.

Insurance premiums are influenced by these factors

Many factors are part of the equation when you get a price on insurance. A few of the factors are predictable such as your driving record, but other factors are not as apparent such as your marital status or how financially stable you are.

The following are just a few of the factors used by your company to calculate your rates.

• You may save more by consolidating policies – Lots of insurers give lower prices for people who have multiple policies with them in the form of a multi-policy discount. Even if you already get this discount, drivers will still want to compare rates to ensure the best deal. Consumers may save more without the discount by buying auto insurance from a different company.
• Alarm systems lowers auto insurance rates – Purchasing a vehicle with a theft deterrent system can help bring down rates. Advanced theft deterrents like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all aid in stopping auto theft and help lower rates.
• Big city or small town – Choosing to live in a rural area can save you money when trying to find low car insurance rates. Less people living in that area means less chance of accidents in addition to fewer liability claims. People who live in big cities regularly have more auto accidents and more time behind the wheel. More time commuting means more chance of being in an accident.
• Do you really need roadside assistance? – Insurance policies have a lot of optional add-on coverages that can add up but may not be useful. Insurance for roadside assistance, towing, and motor club memberships may be wasting your money. They may seem good when you first buy your policy, but if they’re wasting money remove them and pocket the money.
• Obey driving laws and save – Your driving record has a big impact on rates. Even a single citation can increase the cost of insurance by as much as twenty percent. Good drivers tend to pay less for car insurance as compared to careless drivers. Drivers who get severe violations such as DUI or reckless driving might be required by their state to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to legally drive.
• Never let your coverage expire – Going without insurance can be a fast way to bump up your auto insurance costs. 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 have to submit proof of financial responsibility or a SR-22 with your state DMV.
• Expect high rates for teens – Inexperience drivers are proven to be more careless when driving with friends and because of this, their auto insurance rates are much higher. Older insureds are proven to be safer behind the wheel, are lower risk to insure and receive fewer citations.
• Low stress employer equals lower premiums – Did you know your occupation can influence how much you pay for auto insurance? Careers such as military generalsair traffic controllers and accountants tend to pay higher rates than average attributed to intense work requirements and lots of time spent at work. Conversely, jobs such as professors, athletes and homemakers get better rates on S-Class coverage.

Cheap auto insurance rate quotes online

Performing a rate comparison can be challenging if you aren’t aware of the best way to get rate quotes. You can spend countless hours talking about coverages with insurance companies in your area, or you can stay home and use the web to get pricing more quickly.

The majority of car insurance companies participate in a marketplace where prospective buyers only type in their quote data once, and every company can give them a price. This saves time by eliminating quote forms to each company. To find out how much you can save on auto insurance click here (opens in new window).

The only drawback to pricing coverage this way is that you can’t choose which carriers you will receive quotes from. If you prefer to choose individual companies for rate comparison, we have a listing of low cost auto insurance companies in your area. Click here to view list.

You can choose any of those ways to find more affodable coverage, but make absolute certain that you use the exact same coverage information for each price quote. If you use different deductibles it’s impossible to truly determine the lowest rate.

Well known brands might not be cheapest

Consumers constantly see and hear ads that claim the lowest prices by Allstate and Progressive. All the ads advertise the message about how much you will save if you switch your insurance policy to them.

Is it even possible that every company can charge lower premium rates? This is the trick they use.

All the different companies are able to cherry pick for the right customer that earns them a profit. For instance, this type of driver might be described as over the age of 35, has had continuous coverage, and drives a car with an anti-theft system. A customer who fits that profile receive the lowest rate quotes and will most likely save if they switch.

Drivers who don’t measure up to these standards will get a higher rate which results in the customer not buying. If you pay close attention to the ads, they say “people who switch” not “all people who quote” save the amount stated. That is how companies can truthfully make it sound like they have such great car insurance rates.

Because of this risk profiling, you really need to do a price quote comparison at every renewal. It is just not possible to predict which company will have the lowest rate quotes.

Insurance coverage discounts help cut rates

Companies that sell car insurance don’t necessarily list all available discounts in an easy-to-find place, so we break down both well-publicized as well as some of the hidden discounts you could be receiving when you buy auto insurance online.

• Telematics Data Discounts – Drivers who agree to allow their insurance company to monitor their driving habits by installing a telematics device such as State Farm’s In-Drive might get better premium rates if they have good driving habits.
• Distant Student Discount – Any of your kids living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
• Organization Discounts – Joining a qualifying organization is a good way to get lower rates on your next insurance coverage statement.
• ABS Braking Discount – Anti-lock brake equipped vehicles have fewer accidents so you can save 10 percent or more.
• Low Mileage Discounts – Driving less could earn better insurance coveragerates on cars that stay parked.
• Early Signing – A few companies offer discounts for buying a policy early. You can save around 10% with this discount.
• No Claim Discounts – Claim-free drivers pay much less in comparison with frequent claim filers.
• Home Ownership Discount – Owning a home can save you money because of the fact that having a home requires a higher level of personal finance.

You should keep in mind that most of the big mark downs will not be given to all coverage premiums. Some only apply to specific coverage prices like collision or personal injury protection. Even though it may seem like adding up those discounts means a free policy, nobody gets a free ride.

To view insurance coverage companies that have a full spectrum of discounts, click this link.

Which is the best insurance coverage?

When it comes to buying proper insurance coverage, there is no single plan that fits everyone. Everyone’s needs are different.

For instance, these questions might help in determining whether or not you will benefit from professional help.

• What is medical payments coverage?
• Is my Mercedes-Benz S-Class covered if I use it for business?
• Do I need rental car coverage?
• What are the best liability limits?
• Can I rent a car in Mexico?
• Why am I required to buy liability insurance?
• If my 2012 Mercedes-Benz S-Class is totaled, can I afford another vehicle?

If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form. It’s fast, doesn’t cost anything and can help protect your family.

Coverage specifics

Having a good grasp of your policy helps when choosing which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2012 Mercedes-Benz S-Class.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is a good idea. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Comprehensive insurance

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like fire damage, hail damage, a tree branch falling on your vehicle and hitting a bird. The most your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like hospital visits, EMT expenses, pain medications and surgery. The coverages can be used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability

This can cover damage that occurs to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers things such as emergency aid, repair bills for other people’s vehicles, medical expenses, bail bonds and structural damage. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Auto collision coverage

This coverage pays to fix your vehicle from damage from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like sustaining damage from a pot hole, hitting a parking meter, hitting a mailbox and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to choose a higher deductible to save money on collision insurance.

Coverage on a shoestring budget

Drivers leave their current company for a number of reasons such as questionable increases in premium, policy non-renewal, high rates after DUI convictions or denial of a claim. Regardless of your reason for switching companies, finding a great new company is not as hard as you think.

Lower-priced car insurance is possible both online in addition to local insurance agencies, so you need to quote auto insurance with both to get a complete price analysis. A few companies may not have the ability to get a quote online and most of the time these regional carriers sell through independent agents.

You just read quite a bit of information on how to reduce 2012 Mercedes-Benz S-Class insurance prices online. The key thing to remember is the more quotes you get, the higher your chance of finding affordable auto insurance. Drivers may discover the lowest prices come from some of the smallest insurance companies.

Additional information

• Auto Insurance Basics (Insurance Information Insitute)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• State Car Insurance Guides (Geico)
• Auto Insurance FAQ (Farmers Insurance)