How Much Does 2011 Mercedes-Benz S-Class Insurance Cost?

I can’t think of a single person who likes having to buy insurance, particularly when their premiums are too high.

Since consumers have many companies to choose from, it can be impossible to pick the lowest price provider.

Why your Mercedes-Benz S-Class might be costing you more

An important part of buying insurance is that you know the factors that go into determining the price you pay for car insurance. Knowing what influences your rates enables informed choices that could result in much lower annual insurance costs.

  • Marriage pays dividends – Being married helps lower the price on your policy. Having a spouse usually means you are more mature and it’s statistically proven that drivers who are married are more cautious.
  • Older drivers save more – More mature drivers are more cautious drivers, tend to cause fewer accidents and tend to be better behind the wheel. Teen drivers tend to get distracted easily when driving therefore car insurance rates are much higher.
  • Your credit rating is important – Having a bad credit score is a large factor in determining what you pay for car insurance. Drivers with good credit tend to file fewer claims and have better driving records than drivers with lower credit scores. So if your credit is low, you could pay less to insure your 2011 Mercedes-Benz S-Class by improving your rating.
  • Discounts for multiple policies – Most insurers will award you with lower prices to policyholders who consolidate policies with them such as combining an auto and homeowners policy. Discounts can amount to five, ten or even twenty percent. Even if you’re getting this discount you still need to compare rates to confirm you are receiving the best rates possible.
  • Safer occupants lowers premiums – Cars with high safety ratings can get you lower premiums. Safe vehicles have better occupant injury protection and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Mercedes-Benz S-Class earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Don’t get talked into coverage you don’t need – There are a lot of additional coverages that can waste your money when buying car insurance. Coverages like roadside assistance, accident forgiveness and motor club memberships may be wasting your money. They may seem good at first, but if you don’t need them get rid of them and save.

Which Insurance Coverage is Cheapest?

The are a couple different ways of comparing price quotes from insurance coverage companies in your area. The easiest way to compare 2011 Mercedes-Benz S-Class insurance prices consists of obtaining rate quotes online. This can be accomplished in a couple of different ways.

  1. The easiest and least time consuming way to find low rates is to use a rate comparison form click here to open form in new window. This method keeps you from doing separate forms for each company you want a rate for. A single form will return price quotes from many national carriers.
  2. A slightly less efficient method to analyze rates requires a trip to the website for each individual company to complete a price quote. For instance, we’ll pretend you want to compare Liberty Mutual, Esurance and Allstate. To get rate quotes you would need to spend time on each company’s site and enter your information, which is why the first method is more popular.

    For a handy list of car insurance company links in your area, click here.

It’s your choice how you get your quotes, but make darn sure you compare identical quote information for each price quote. If you have different deductibles it’s impossible to determine the best price for your Mercedes-Benz S-Class. Slightly different limits may cause a big price difference. And when price shopping your coverage, having more price comparisons will enable you to find the best price.

Do you qualify for discounts?

Companies offering auto insurance do not list every discount very well, so the following is a list of some of the best known and the harder-to-find ways to save on car insurance.

  • Distant Student – Youth drivers who attend school more than 100 miles from home and do not have access to a covered vehicle can receive lower rates.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • Military Rewards – Having a family member in the military could be rewarded with lower premiums.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags may earn rate discounts of 20% or more.
  • Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Theft Prevention System – Vehicles equipped with anti-theft or alarm systems help deter theft and qualify for as much as a 10% discount.
  • Accident Waiver – A handful of insurance companies allow you one accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Senior Discount – If you’re over the age of 55, you may qualify for a small decrease in premiums on S-Class coverage.

It’s important to note that most discounts do not apply to the entire cost. The majority will only reduce individual premiums such as collision or personal injury protection. So despite the fact that it appears all those discounts means the company will pay you, car insurance companies aren’t that generous.

Companies that may have some of the above discounts may include but are not limited to:

Before buying, ask each company how you can save money. Savings may not apply in your state.

Don’t assume everyone needs the same coverage

When choosing the right insurance coverage for your vehicles, there really is no best way to insure your cars. Everyone’s needs are different so your insurance needs to address that. These are some specific questions might help in determining if your situation may require specific advice.

  • Is my state a no-fault state?
  • Can my teen drive my company car?
  • Do I need rental car coverage?
  • Is my trailer covered?
  • What is the minimum liability in my state?
  • If my pet gets injured in an accident are they covered?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of car insurance companies in your area.

Car insurance coverage information

Having a good grasp of your policy aids in choosing appropriate coverage for your vehicles. Car insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverage types found on most car insurance policies.

Medical costs insurance

Med pay and PIP coverage reimburse you for immediate expenses such as rehabilitation expenses, X-ray expenses, dental work and surgery. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Liability insurance

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

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability can pay for claims such as court costs, bail bonds, structural damage and medical services. How much liability should you purchase? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

UM/UIM Coverage

This coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Mercedes-Benz S-Class.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Collision coverage

This coverage pays to fix your vehicle from damage resulting from colliding 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 coverage pays for things such as crashing into a ditch, damaging your car on a curb, hitting a mailbox, colliding with a tree and colliding with another moving vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like hail damage, hitting a deer, a tree branch falling on your vehicle and vandalism. The highest amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Buy online or local, you save

When buying insurance coverage, it’s very important that you do not reduce needed coverages to save money. Too many times, an insured dropped uninsured motorist or liability limits only to discover later that it was a big mistake. Your strategy should be to buy enough coverage for the lowest price, not the least amount of coverage.

Cheaper 2011 Mercedes-Benz S-Class insurance is attainable both online in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. Some companies do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

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