Compare 2015 Mercedes-Benz S-Class Insurance Cost

Drivers have lots of choices when trying to find low-cost Mercedes-Benz S-Class insurance. They can either waste time contacting agents trying to get quotes or save time using the internet to get rate quotes.

There is a right way and a wrong way to compare car insurance rates and you need to know the quickest way to quote coverages for a Mercedes-Benz and locate the best price possible.

This information will tell you how car insurance quotes work and some tips to save money. If you have car insurance now, you stand a good chance to be able to cut costs considerably using this strategy. Drivers just need to understand the proper methods to compare price quotes over the internet.

Get cheap insurance quotes with discounts

Insurance is neither fun to buy or cheap, but there’s a good chance there are discounts that you may not know about. Certain discounts will be applied at the time you complete a quote, but a few must be manually applied prior to receiving the credit.

  • Discount for Low Mileage – Low mileage vehicles may allow you to get slightly better prices than normal.
  • Discount for Swiching Early – Select insurance companies give a discount for switching policies before your current expiration date. It can save you around 10%.
  • Organization Discounts – Joining a civic or occupational organization could qualify you for a break on insurance.
  • College Student – College-age children living away from home attending college and do not have access to a covered vehicle can be insured at a reduced rate.
  • Good Drivers – Drivers who avoid accidents may save up to 50% more for S-Class coverage than their less cautious counterparts.

Drivers should understand that most discounts do not apply to all coverage premiums. Most cut specific coverage prices like comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, insurance companies aren’t that generous. But all discounts will help reduce the cost of your policy.

To view insurance companies offering insurance discounts, click here to view.

How to get free insurance coverage quotes online

Getting a more affordable price on 2015 Mercedes-Benz S-Class insurance doesn’t have to be difficult. You just have to take a couple of minutes comparing free insurance coverage quotes to find. Price comparisons can be done by using one of the methods below.

  1. The most efficient way to get the best comparison quotes is to use a rate comparison form click to view form in new window. This style of form eliminates the need for separate quote forms for each company. One quote request gets insurance cost estimates from all major companies.It’s the quickest way to get rates.
  2. A less efficient way to find better pricing consists of going to each company website to complete a price quote. For example, we’ll assume you want rates from Allstate, Progressive and GEICO. You would be required to go to every website and type in your information over and over, which is not fast way to get rate quotes. To view a list of companies in your area, click here.

Take whichever approach you prefer, but ensure you are comparing equivalent information with each company. If you have different values for each quote it’s impossible to make a fair rate comparison.

The Mercedes-Benz S-Class insurance cost equation

Many different elements are part of the equation when you get your auto insurance bill. Some are pretty understandable like your driving record, but others are not as apparent like your vehicle usage or your vehicle rating.Smart consumers have a good feel for the different types of things that help calculate the price you pay for insurance coverage. When consumers understand what impacts premium levels, this allows you to make educated decisions that may result in lower rates.

  • Poor driving leads to higher prices – Being a careful driver has a huge affect on how much you pay. Only having one citation may increase your cost to the point where it’s not affordable. Attentive drivers get better prices compared to drivers with tickets. Drivers with serious violations like DWI, reckless driving or hit and run convictions may need to file a SR-22 to the state department of motor vehicles in order to prevent a license revocation.
  • Big city or small town – Choosing to live in less populated areas of the country can be a good thing when talking about insurance coverage. Less people translates into fewer accidents and a lower car theft rate. Residents of big cities tend to have traffic congestion and more severe claims. More time behind the wheel means a statistically higher chance of an accident.
  • Bundle policies and save money – Most companies allow discounts for people who consolidate policies with them, otherwise known as a multi-policy discount. Discounts can amount to ten or even fifteen percent. Even if you already get this discount, consumers should still compare rates to guarantee you are still saving the most.
  • When should you not file a insurance coverage claims? – Companies provide cheaper rates to policyholders who are claim-free. If you are the type of insured that files lots of claims you can definitely plan on either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for the large, substantial claims.
  • Employer and insurance prices – Do you have a high-stress occupation? Occupational choices like military generals, architects and emergency personnel have higher premium rates attributed to intense work requirements and lots of time spent away from family. Other professions such as professors, students and retirees get better rates for S-Class coverage.
  • Drive lots and pay more – The higher the miles on your Mercedes-Benz annually the higher your rate. Almost all companies price each vehicle’s coverage determined by how the vehicle is used. Autos that have low annual miles cost less to insure than vehicles that have high annual mileage. It’s always a good idea to double check that your insurance coverage coverage is rated on how each vehicle is driven, because improper ratings can cost you money. An incorrectly rated S-Class is just wasting money.
  • Gender as a rate factor – Statistics demonstrate that females take fewer risks when driving. However, this does not mean men are WORSE drivers than women. Males and females tend to get into auto accidents in similar percentages, but males tend to have more serious accidents. Men also get higher numbers of serious violations like driving under the influence (DUI). Young men ages 16 to 20 are most likely to cause an accident so it costs more to insure them.
  • Save money with alarm systems – Owning a car with a theft deterrent system can save you some money. Advanced theft deterrents such as OnStar, LoJack tracking, and tamper alarms all help prevent auto theft.

Tailor your insurance coverage coverage to you

When it comes to choosing adequate coverage, there really is no best way to insure your cars. Each situation is unique.

For instance, these questions might help in determining if your insurance needs will benefit from professional help.

  • Will I lose any money if I cancel my policy before it expires?
  • Are split liability limits better than a combined single limit?
  • What is PIP insurance?
  • When should I remove comp and collision on my 2015 Mercedes-Benz S-Class?
  • Is my camper covered by my car insurance policy?
  • What is high-risk coverage and where do I buy it?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, complete this form. It is quick, free and you can get the answers you need.

Truth in insurance coverage advertising

Drivers get pounded daily by advertisements that claim the best premium rates by Allstate, GEICO and Progressive. They all have a common claim about savings after switching your insurance coverage policy to them.

How does every insurance coverage company charge lower premium rates? Here is how they do it.

Insurance coverage companies have underwriting criteria for the type of driver that earns them a profit. An example of a desirable insured may need to be a mature driver, owns a home, and drives a lower-performance vehicle. Anyone that hits that “sweet spot” will most likely get cheap prices as well as pay quite a bit less when switching companies.

Consumers who don’t qualify for those standards may be forced to pay higher rates which usually ends up with the driver buying from a lower-cost company. The ad wording is “drivers who switch” not “everyone who quotes” save that much money. That’s the way insurance companies can confidently advertise the savings.

Different companies use different criteria so drivers should get a wide range of price quotes. It is impossible to guess with any certainty which company will have the lowest rates.

Car insurance coverages and their meanings

Knowing the specifics of car insurance aids in choosing which coverages you need for your vehicles. Policy terminology can be ambiguous and nobody wants to actually read their policy.

Comprehensive protection

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hail damage, theft, fire damage, hitting a bird and damage from flooding. The maximum amount a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for immediate expenses such as hospital visits, EMT expenses, surgery, ambulance fees and prosthetic devices. They are often used in conjunction with a health insurance program or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz S-Class.

Due to the fact that many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Auto liability

Liability insurance provides protection from damage or injury you incur to other people or property. It protects YOU from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 which means $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims such as repair costs for stationary objects, funeral expenses, medical services and loss of income. How much coverage you buy is your choice, but buy higher limits if possible.

Collision coverage

This coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims like damaging your car on a curb, colliding with a tree, colliding with another moving vehicle, sideswiping another vehicle and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible to bring the cost down.

Stretch your dollar

Insureds switch companies for any number of reasons including delays in responding to claim requests, unfair underwriting practices, poor customer service or even high prices. Regardless of your reason for switching companies, choosing a new insurance company is less work than it seems.

When trying to cut insurance costs, do not buy lower coverage limits just to save a few bucks. There have been many cases where drivers have reduced liability limits or collision coverage and found out when filing a claim that the savings was not a smart move. The ultimate goal is to purchase plenty of coverage at the best cost while still protecting your assets.

We covered a lot of techniques to reduce 2015 Mercedes-Benz S-Class insurance prices online. It’s most important to understand that the more rate comparisons you have, the better chance you’ll have of finding affordable insurance coverage. Consumers may even find the lowest prices come from a small local company.

Additional articles