View 2012 Mercedes-Benz S-Class Insurance Cost

Searching for lower car insurance rates for your Mercedes-Benz S-Class? When looking for lower-priced insurance, are you baffled by the dozens of car insurance choices? consumers have so many choices to choose from that it can quickly become a ton of work to compare prices.

It’s a great practice to compare rates occasionally because rates change regularly. Even if you think you had the best rate on S-Class insurance a year ago a different company probably has better prices today. Block out anything you think you know about car insurance because you’re about to learn the tricks you need to know to reduce your cost while increasing coverage.

How to lower your insurance coverage cost

Most larger insurance companies allow you to get prices for coverage from their websites. Comparing prices online is very simple as you simply enter into a form. After the form is submitted, their quoting system will obtain your driving record and credit report and returns a price based on the data you entered.

Online quotes helps simplify price comparisons, but the time required to go to multiple sites and enter the same data into a form can be a bit repetitive. But it’s necessary to get many rate quotes in order to get the best price on insurance coverage.

The easy way to compare rates

The preferred way to lower your insurance coverage bill makes use of a single form to obtain quotes from several different companies. It’s a real time-saver, requires much less work on your part, and makes online quotes much more enjoyable. Immediately after submitting the form, it gets priced and you are able to buy any one of the pricing results. If you find a better price it’s easy to complete the application and purchase coverage. The whole process can be completed in less than 10 minutes and you’ll know if lower rates are available.

To compare rates using this form now, click here to open in a new tab and begin entering your coverage information. If you have coverage now, it’s recommended you enter coverages and limits as close as possible to your current policy. Using the same limits helps guarantee you will have a price comparison for the exact same coverage.

Discounts can really help lower rates

Companies that sell car insurance don’t always advertise all available discounts very clearly, so the list below details both the well known as well as some of the hidden discounts you could be receiving when you buy car insurance online.

  • Senior Discount – Older drivers could receive lower premium rates on S-Class insurance.
  • Switch and Save Discount – Some insurance companies reward drivers for buying a policy early. Ten percent is about the average savings.
  • Fewer Miles Equal More Savings – Low annual miles may enable drivers to earn better premium rates on cars that stay parked.
  • Full Payment Discount – If paying your policy premium upfront instead of monthly or quarterly installments you may reduce your total bill.
  • Home Ownership Discount – Owning a home may trigger a policy discount on insurance because owning a home shows financial diligence.
  • Bundle and Save – When you have multiple policies and insure them with the same company you may earn 10% to 20% off each policy.
  • Military Deployment Discount – Being deployed with a military unit could qualify you for better prices.
  • Auto/Life Discount – If the company offers life insurance, you could get a break if you buy a life insurance policy as well.

A little note about advertised discounts, some of the credits will not apply to your bottom line cost. Most only reduce the cost of specific coverages such as liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, you’re out of luck. Any amount of discount will lower your policy cost.

A list of companies and a partial list of their discounts are:

  • GEICO offers discounts including air bags, daytime running lights, five-year accident-free, emergency military deployment, seat belt use, and driver training.
  • SAFECO has savings for drive less, bundle discounts, multi-car, safe driver, accident prevention training, anti-theft, and homeowner.
  • State Farm discounts include anti-theft, good student, safe vehicle, Drive Safe & Save, Steer Clear safe driver discount, driver’s education, and student away at school.
  • MetLife offers discounts for accident-free, good student, good driver, claim-free, and defensive driver.
  • 21st Century may offer discounts for good student, driver training, anti-lock brakes, homeowners, and theft prevention.
  • Progressive has discounts for homeowner, online signing, good student, continuous coverage, multi-policy, and online quote discount.

Check with all companies you are considering to apply every possible discount. Some of the earlier mentioned discounts might not be offered on policies in your area.

Will just any policy work for me?

When buying coverage, there isn’t really a cookie cutter policy. Your needs are not the same as everyone else’s.

For instance, these questions might help in determining whether or not you could use an agent’s help.

  • Do I need motorclub coverage?
  • Am I covered when driving in Canada or Mexico?
  • Am I covered if I hit my neighbor’s mailbox?
  • What is the ISO rating for a 2012 Mercedes-Benz S-Class?
  • When do I need to add a new car to my policy?
  • Where can I find DUI or SR-22 insurance?
  • Do I need more liability coverage?
  • What happens if I owe more than my 2012 Mercedes-Benz S-Class is worth?
  • Should I drop comprehensive coverage on older vehicles?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. To find an agent in your area, complete this form.

Lower your insurance premiums

Consumers need to have an understanding of the rating factors that help determine your policy premiums. If you have a feel for what determines base rates, this helps enable you to make changes that could help you find cheaper rates.

Shown below are some of the factors utilized by car insurance companies to help set rates.

  • Gaps in coverage mean higher prices – Having a gap between insurance policy dates is a guaranteed way to increase your rates. In addition to paying higher rates, being ticketed for driving with no insurance could earn you a hefty fine and possibly a revoked license.
  • Incidental coverages push up premiums – There are a ton of extra coverages that can waste your money when buying auto insurance. Add-on coverages like personal injury protection, towing, and Farm Bureau memberships are probably not needed. They may seem good when deciding what coverages you need, but your needs may have changed so eliminate them to save money.
  • Stay claim-free and save – Car insurance companies award better rates to drivers who only file infrequent claims. If you are a frequent claim filer, you can expect either a policy non-renewal or much higher rates. Your insurance policy is intended for major claims that would cause financial hardship.
  • Getting married equates to better rates – Getting married may cut your premiums when shopping for auto insurance. Having a significant other is viewed as being less irresponsible and statistics prove married drivers tend to file fewer claims.
  • Drivers with responsible credit save – A driver’s credit rating is a big factor in calculating your auto insurance rates. Insureds with very good credit scores tend to be better risks to insure than drivers with poor credit. Therefore, if your credit is not that good, you could save money insuring your 2012 Mercedes-Benz S-Class by repairing your credit.

Are insurance companies telling the truth?

Popular insurance providers such as Allstate and Progressive endlessly run ads on TV and radio. They all seem to try to convey promises about how much you will save if you get a free car insurance quote and switch your policy. How is it plausible that every one can charge less that you’re paying now? This is the trick they use.

All companies have an ideal profile for a prospective insured they prefer to insure. For instance, a preferred risk may need to be a female over age 40, has no claims, and drives a car with an anti-theft system. Someone who matches those parameters receives the best prices and will probably cut their rates substantially.

Insureds who don’t meet the ideal profile must pay higher rates and this results in the prospect going elsewhere. If you listen to the ad wording, they say “people who switch” but not “everyone who gets a quote” save money. That is how companies can truthfully make those statements. Because of the profiling, you need to get car insurance quotes as often as possible. Because you never know the company that will be your best fit.

Learn about car insurance coverages for a Mercedes-Benz S-Class

Understanding the coverages of a car insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be confusing and reading a policy is terribly boring.

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like colliding with another moving vehicle, damaging your car on a curb and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Comprehensive protection – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as hail damage, fire damage and a broken windshield. The maximum amount your car insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical expense coverage – Med pay and PIP coverage provide coverage for expenses such as EMT expenses, funeral costs and X-ray expenses. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Auto liability – This coverage protects you from damages or injuries you inflict on other’s property or people. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability can pay for claims such as court costs, structural damage and loss of income. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

The best insurance company isn’t always the cheapest

As you shop your coverage around, don’t be tempted to sacrifice coverage to reduce premiums. There have been many situations where someone dropped full coverage and learned later that the small savings ended up costing them much more. Your goal should be to get the best coverage possible at the lowest possible cost while still protecting your assets.

You just read a lot of techniques to save on 2012 Mercedes-Benz S-Class insurance. It’s most important to understand that the more you quote car insurance, the more likely it is that you will get a better rate. Drivers may discover the lowest car insurance rates are with a small mutual company.

Budget-friendly insurance is possible from both online companies in addition to local insurance agencies, and you need to price shop both to have the best rate selection. Some companies do not provide the ability to get a quote online and these smaller companies only sell coverage through local independent agents.

More detailed insurance information can be found by following these links: