2004 Mercedes-Benz S-Class Insurance Rates – 9 Discounts for Cheapest Quotes

Are you overwhelmed by the dozens of car insurance sources available to you? Many other drivers are too. You have so many sources available that it can quickly become a difficult challenge to compare rates.

If you have car insurance now, you stand a good chance to be able to reduce your rates substantially using these methods. Finding the best coverage can be fairly easy. Although vehicle owners do need to know the methods companies use to market on the web and use this information to your advantage.

Ways to get car insurance rate quotes

When comparison shopping, there are several ways to compare prices from all the different companies. By far the easiest way to find the cheapest Mercedes-Benz S-Class insurance rates is to use the internet to compare rates. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The most efficient way to get the best comparison quotes would be an industry-wide quote request form click to view form in new window. This easy form saves time by eliminating a different quote for each company you want a rate for. One simple form will return price quotes from many national carriers. Just one form and you’re done.
  2. A less efficient way to get comparison quotes requires a visit to the website for each individual company and request a quote. For example, let’s assume you want to compare prices for Progressive, Farmers and Travelers. You would be required to spend time on each company’s site to input your insurance information, which can get old fast. To view a list of companies in your area, click here.
  3. If you have time to kill, the last method of getting rate comparisons is to spend your day driving to different agent offices. Quoting online makes this unnecessary unless you want the personal advice of a local agency. It is possible to price shop online but buy the policy through an agent.

The method you choose is up to you, but ensure you are comparing equivalent coverages and limits for every company. If you enter different values for each quote it will be next to impossible to make an equal comparison. Even a minor difference in coverages can result in a big premium difference. And when price shopping your coverage, quoting more gives you a better chance of getting the best price. Some smaller insurers to not give prices over the internet, so you also need to get prices from those companies as well.

Discount car insurance quotes

Car insurance can cost a lot, but you might find some hidden discounts that can dramatically reduce your bill. Certain discounts will be triggered automatically at the time of quoting, but some need to be inquired about before you will receive the discount.

  • No Accidents – Good drivers with no accidents can save substantially as opposed to bad drivers.
  • Multi-Vehicle Discounts – Purchasing coverage when you have multiple cars or trucks on a single policy can get a discount for every vehicle.
  • Accident Forgiveness – but companies like GEICO, Allstate and Liberty Mutual may permit one accident without the usual rate increase as long as you don’t have any claims for a particular time prior to the accident.
  • Driver Safety – Passing a class that teaches defensive driver techniques could earn you a small percentage discount depending on where you live.
  • Employee of Federal Government – Employees or retirees of the government could provide a small rate reduction on S-Class coverage with some car insurance companies.
  • Student Driver Training – Cut your cost by having your teen driver enroll in driver’s education as it will make them better drivers and lower rates.
  • Service Members Pay Less – Having a family member in the military could mean lower premium rates.
  • Discount for Low Mileage – Maintaining low annual mileage could qualify for substantially lower prices.
  • Good Student Discount – A discount for being a good student can save 20 to 25%. Most companies allow this discount until age 25.

As a sidenote, most discount credits are not given to the entire policy premium. Most only apply to the cost of specific coverages such as comp or med pay. Just because it seems like you can get free auto insurance, it doesn’t quite work that way.

Insurance companies who may offer some of the discounts shown above include:

If you are trying to find inexpensive auto insurance quotes, ask all companies you are considering which discounts can lower your rates. Some of the earlier mentioned discounts might not be available to policyholders in your state.

Tailor your insurance coverage to you

When it comes to choosing the best insurance coverage for your vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs.

These are some specific questions might help in determining if your situation would benefit from professional advice.

  • Is my nanny covered when driving my vehicle?
  • Is other people’s property covered if stolen from my vehicle?
  • Does my policy pay for OEM or aftermarket parts?
  • Am I covered if my car is in a flood?
  • What is covered by UM/UIM coverage?
  • How much liability do I need to cover my assets?
  • What is high-risk coverage and where do I buy it?
  • Can I still get insurance after a DUI?
  • Will filing a claim cost me more?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an agent. If you don’t have a local agent, fill out this quick form.

Car insurance policy specifics

Learning about specific coverages of your car insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

UM/UIM Coverage – This coverage gives you protection from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits are identical to your policy’s liability coverage.

Auto liability insurance – This will cover damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability can pay for things such as loss of income, repair costs for stationary objects and medical services. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.

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

Collision can pay for things such as sustaining damage from a pot hole, scraping a guard rail and rolling your car. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, vandalism, hail damage and theft. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Medical costs insurance – Medical payments and Personal Injury Protection insurance kick in for expenses for things like doctor visits, EMT expenses and pain medications. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants as well as any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

In Summary

As you go through the steps to switch your coverage, do not reduce coverage to reduce premium. There are many occasions where an accident victim reduced full coverage and learned later that the few dollars in savings costed them thousands. Your goal is to buy the best coverage you can find at the best cost, but do not sacrifice coverage to save money.

We’ve covered many tips how you can reduce 2004 Mercedes-Benz S-Class insurance car insurance rates online. The most important thing to understand is the more times you quote, the better your comparison will be. You may even discover the biggest savings come from some of the smallest insurance companies.

People change insurance companies for many reasons like delays in responding to claim requests, poor customer service, being labeled a high risk driver and high prices. Regardless of your reason, choosing a new insurance company is pretty easy and you might even save some money in the process.

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