View 2014 Mercedes-Benz S-Class Car Insurance Rates

Trying to find better insurance prices for a new or used Mercedes-Benz S-Class can be a painful process, but you can use a few tricks and make it easy.

There is a better way to find insurance coverage online and you need to know the absolute fastest way to get price quotes for a new or used Mercedes-Benz and locate the cheapest rates from local insurance agents and online providers.

Smart consumers take time to compare prices on a regular basis due to the fact that insurance rates change quite often. Just because you had the best rates for S-Class insurance a couple years back there is a good chance you can find better rates now. Ignore everything you know about insurance coverage because we’re going to demonstrate the best methods to properly buy coverages while reducing your premium.

Cut prices on Mercedes-Benz S-Class insurance

Insuring your fleet can be pricey, but you may find discounts to help bring down the price. Some trigger automatically at the time you complete a quote, but some may not be applied and must be specially asked for prior to receiving the credit. If you don’t get every credit possible, you are paying more than you should be.

  • Sign Early and Save – Select companies give a discount for switching policies before your current expiration date. It can save you around 10%.
  • Safe Drivers – Insureds without accidents may receive a discount up to 45% less for S-Class insurance than less cautious drivers.
  • Discount for Good Grades – This discount can save 20 to 25%. The discount lasts up until you turn 25.
  • Student Driver Training – Have your child enroll in driver’s education in high school.
  • Defensive Driver – Successfully completing a driver safety course could save 5% or more if your company offers it.

It’s important to understand that most of the big mark downs will not be given to all coverage premiums. The majority will only reduce the price of certain insurance coverages like collision or personal injury protection. Just because it seems like all those discounts means the company will pay you, companies don’t profit that way. Any qualifying discounts will reduce your overall premium however.

Insurance companies who might offer these benefits include:

It’s a good idea to ask each company which discounts you may be entitled to. Discounts might not be offered in your area.

How to Get Insurance

Finding a better price on insurance is not a difficult process. The only requirement is to take the time to get quotes online with multiple companies. This can be done using a couple different methods.

  1. The recommended way to find low rates is to use a rate comparison form (click to open form in new window). This method keeps you from doing a different quote for each company you want a rate for. Completing one form will get you price quotes direct from many companies. It’s definitely the quickest method.
  2. A harder way to analyze rates is spending the time to visit the website for each individual company to request a price quote. For example, we’ll assume you want to compare Farmers, Esurance and Liberty Mutual. To get each rate you have to go to every website and enter your information, which is why the first method is quicker. To view a list of companies in your area, click here.

It’s your choice how you get your quotes, but compare the exact same coverages and limits for each comparison quote. If the quotes have different limits and deductibles on each one you can’t possibly find the best deal for your Mercedes-Benz S-Class.

Mercedes-Benz S-Class rate determination is complex

Smart consumers have a good feel for the rating factors that help determine the price you pay for car insurance. Understanding what influences your rates empowers consumers to make smart changes that may reward you with lower car insurance prices.

  • Liability coverage is cheap – Your policy’s liability coverage is the protection if ever a jury decides you are liable for damages caused by your negligence. Liability provides legal defense coverage which can cost thousands of dollars. This coverage is very inexpensive as compared to coverage for physical damage, so drivers should carry high limits.
  • Too many car insurance claims drive up costs – If you frequently file small claims, you can pretty much guarantee either higher rates or even cancellation. Companies provide discounts to policyholders who are claim-free. Car insurance is meant to be used in the event of the large, substantial claims.
  • Bump up deductibles to save – The deductibles represent how much money you are required to spend out-of-pocket before your car insurance pays a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, protects your car from damage. Some examples of claims that would be covered could be colliding with a building, vandalism, and burglary. The higher the amount the insured has to pay upfront, the less your car insurance will be for S-Class insurance.
  • Never go without insurance – Letting your insurance expire will be a guaranteed way to bump up your car insurance costs. Not only will rates go up, but being ticketed for driving with no insurance may earn you a license revocation or jail time.You may need to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Car features impact rates – Owning a car with anti-theft technology or alarm system can help lower your rates. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Younger drivers pay higher rates – Older insureds are viewed as being more responsible, tend to file fewer claims and get fewer tickets. Young drivers have a tendency to get distracted easily when behind the wheel and because of this, their car insurance rates are much higher.

Tailor your coverage to you

When choosing the right insurance coverage, there really is not a perfect coverage plan. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help highlight whether your personal situation will benefit from professional help.

  • At what point should I drop full coverage?
  • How high should my uninsured/underinsured coverage be in my state?
  • Do all my vehicles need collision coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • Am I getting all the discounts available?
  • Are there companies who specialize in insuring high-risk drivers?
  • Can my babysitter drive my car?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, free and can provide invaluable advice.

Auto insurance 101

Knowing the specifics of insurance can be of help when determining the right coverages for your vehicles. Insurance terms can be confusing and coverage can change by endorsement.

Collision – This coverage pays for damage to your S-Class resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things like hitting a parking meter, sideswiping another vehicle, sustaining damage from a pot hole, rolling your car and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from older vehicles. Another option is to raise the deductible to bring the cost down.

Liability coverage – This can cover damage that occurs to a person or their property by causing an accident. It protects YOU from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 which stand for a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things like repair costs for stationary objects, funeral expenses and emergency aid. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance kick in for immediate expenses like chiropractic care, prosthetic devices, pain medications and hospital visits. They are often utilized in addition to your health insurance policy or if you do not have health coverage. They cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Uninsured and underinsured coverage – This protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your Mercedes-Benz S-Class.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive coverages – Comprehensive insurance covers damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims like hitting a deer, vandalism, hail damage and theft. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Final thoughts

Budget-conscious 2014 Mercedes-Benz S-Class insurance is attainable from both online companies as well as from independent agents, and you should compare price quotes from both to have the best selection. There are still a few companies who don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

We covered a lot of ways to lower your insurance rates. The key thing to remember is the more providers you compare, the higher your chance of finding lower rates. You may even discover the lowest premiums are with some of the lesser-known companies.

People switch companies for a number of reasons such as delays in paying claims, poor customer service, questionable increases in premium or even lack of trust in their agent. Whatever your reason, switching auto insurance companies is not as difficult as it may seem.

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