2003 Mercedes-Benz S-Class Insurance Rates

Trying to find better insurance coverage rates for your Mercedes-Benz S-Class? Expensive insurance coverage can take a big chunk out of your checking account and force you to make sacrifices. Shopping your coverage around is a smart way to help make ends meet.

Many auto insurance companies vie for your hard-earned dollar, so it can be very hard to choose a insurance company and get the definite lowest price

Consumers should take time to take a look at other company’s rates quite often because insurance rates change regularly. If you had the lowest rates for S-Class insurance two years ago there is a good chance you can find better rates now. Starting now, block out anything you think you know about insurance coverage because we’re going to show you the fastest and easiest way to save on insurance coverage.

If you currently have car insurance, you will most likely be able to lower your premiums substantially using this strategy. Choosing the best insurance company for you is not rocket science. Although car owners need to learn how big insurance companies sell online and apply this information to your search.

Vehicle Insurance Comparison

Most major insurance companies such as Allstate, GEICO and Progressive quote prices for coverage on the web. Obtaining pricing is quite simple as you just type in your coverage preferences as requested by the quote form. After the form is submitted, the system automatically orders reports for credit and driving violations and provides a quote determined by many factors. Online price quotes simplifies rate comparisons, but the process of having to visit different websites and type in the same information can be a bit repetitive. But it’s very important to do this in order to get better prices.

The preferred way to lower your rates uses one simple form that gets price quotes from several companies at one time. The form is fast, requires much less work on your part, and makes quoting online a little more enjoyable. As soon as the form is sent, it is rated with multiple companies and you can pick any or none of the returned quotes. If a lower price is quoted, you simply finish the application and purchase the new policy. The whole process just takes a couple of minutes and you will find out if you’re overpaying now.

To quickly use this form to compare rates, click here to open in a new tab and fill out the form. If you have coverage now, it’s recommended you type in the coverage information identical to your current policy. This way, you will receive comparison quotes for similar insurance coverage.

Lots of discounts mean lots of savings

Car insurance companies don’t always advertise every available discount very well, so we researched some of the best known and also the lesser-known discounts you could be receiving.

  • Auto/Home Discount – If you have multiple policies with one insurance company you could get a discount of up to 20% off your total premium.
  • Defensive Driver – Taking a course in driver safety could possibly earn you a 5% discount if you qualify.
  • Discount for New Cars – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Safe Driver Discount – Safe drivers can pay as much as 50% less for S-Class insurance than their less cautious counterparts.
  • Federal Employees – Simply working for the federal government can earn a discount up to 10% for S-Class insurance with a few insurance coverage companies.
  • Passive Restraints – Factory air bags or automatic seat belts may earn rate discounts of up to 25% or more.

Consumers should know that most discounts do not apply to all coverage premiums. Most only reduce individual premiums such as medical payments or collision. Just because you may think all those discounts means the company will pay you, companies don’t profit that way.

Insurance companies that possibly offer these benefits include:

It’s a good idea to ask all companies you are considering what discounts are available to you. Savings may not apply in your state.

Situations that might require an agent

When it comes to buying coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different and your policy should reflect that. For instance, these questions might help in determining if your insurance needs will benefit from professional help.

  • Can I afford low physical damage deductibles?
  • Should I file a claim if it’s only slightly more than my deductible?
  • If I drive on a suspended license am I covered?
  • Are rock chip repairs covered?
  • Does medical payments coverage apply to all occupants?
  • Do I have coverage when pulling a U-Haul trailer?
  • Is business property covered if stolen from my car?
  • If my 2003 Mercedes-Benz S-Class is totaled, can I afford another vehicle?
  • What happens if I owe more than my 2003 Mercedes-Benz S-Class is worth?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Specifics of your car insurance policy

Knowing the specifics of your policy aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are typical coverages found on most car insurance policies.

Collision insurance

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

Collision coverage pays for things like rolling your car, colliding with another moving vehicle and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle from other motorists when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz S-Class.

Because many people have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like EMT expenses, surgery, X-ray expenses and doctor visits. They are used in conjunction with a health insurance program or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Liability car insurance

Liability coverage will cover injuries or damage you cause to other people or property that is your fault. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability insurance covers claims such as repair costs for stationary objects, medical expenses, funeral expenses, attorney fees and structural damage. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive coverage

Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like hitting a bird, hail damage, rock chips in glass and vandalism. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.