Lower Your 1996 Mercedes-Benz S-Class Insurance Quotes

Looking for lower insurance rates for your Mercedes-Benz S-Class? Did a good deal turn out to be an underperforming, overpriced insurance policy? Believe me, you’re not the only one.

Due to the abundance of options, it can be diffult for drivers to choose the lowest cost insurance company.

Smart consumers save every year

When buying insurance it’s important to understand some of the factors that help calculate insurance rates. When consumers understand what influences your rates, this empowers consumers to make smart changes that could help you find lower insurance prices.

  • Lower miles driven equals lower premium – The higher the mileage driven in a year the higher your rates will be. A lot of companies rate vehicles based upon how much you drive. Cars and trucks that have low annual miles receive lower rates than vehicles that are driven to work every day. Improper usage on your S-Class may be costing you. It’s always a good idea to double check that your declarations sheet is showing how each vehicle is driven, because it can save money.
  • Where you live can influence rates – Choosing to live in less populated areas is a positive aspect if you are looking for the lowest rates. Fewer drivers on the road means a lower chance of having an accident and lower theft and vandalism rates. City drivers have more aggressive driving styles and longer commutes to work. The longer drive time translates into higher accident risk.
  • Your gender affects premiums – Over the last 50 years, statistics have shown women tend to be less risk to insure than men. Now that doesn’t mean women are better drivers. Both genders are responsible for auto accidents at about the same rate, but men have accidents that have higher claims. Men also tend to get cited for more serious violations like DUI and reckless driving.
  • Youthful drivers cost more – More experienced drivers are viewed as being more responsible, tend to cause fewer accidents and receive fewer citations.Youthful drivers are proven to be easily distracted behind the wheel so they pay higher insurance rates.
  • Bad credit will cost you – A driver’s credit score can be an important factor in calculating your premium rate. Drivers with good credit tend to be less risk to insure than drivers with lower ratings. If your credit could use some work, you could potentially save money when insuring your 1996 Mercedes-Benz S-Class by repairing your credit.
  • Driving citations can increase premiums – Good drivers pay lower auto insurance prices compared to drivers with tickets. Even one speeding ticket can bump up the cost twenty percent or more. Drivers who have gotten license-revoking violations such as reckless driving, hit and run or driving under the influence may find that they have to to complete a SR-22 with their state’s licensing department in order to prevent their license from being revoked.

Auto Insurance Discounts

Car insurance is not cheap, but there could be significant discounts that many consumers don’t even know exist. Some trigger automatically at the time you complete a quote, but a few must be specially asked for before they will apply.

  • First Accident Forgiveness – Not really a discount, but some insurance companies will let one accident slide before hitting you with a surcharge if your claims history is clear for a set time period.
  • Payment Discounts – If you can afford to pay the entire bill as opposed to paying monthly you may have a lower total premium amount.
  • ABS and Traction Control Discounts – Vehicles with anti-lock braking systems prevent accidents and will save you 10% or more.
  • College Student Discount – who are enrolled in a college that is more than 100 miles from home and leave their car at home can receive lower rates.
  • Senior Citizen Discount – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums for S-Class coverage.

Just know that some of the credits will not apply the the whole policy. Most only cut specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, you won’t be that lucky.

Larger auto insurance companies and a summarized list of policyholder discounts are included below.

  • State Farm may include discounts for good driver, driver’s education, accident-free, good student, student away at school, Drive Safe & Save, and Steer Clear safe driver discount.
  • Progressive discounts include continuous coverage, online quote discount, good student, multi-vehicle, and multi-policy.
  • Progressive may have discounts that include online signing, online quote discount, multi-vehicle, good student, multi-policy, homeowner, and continuous coverage.
  • MetLife has discounts for good driver, good student, claim-free, accident-free, multi-policy, defensive driver
  • Farm Bureau may offer discounts for 55 and retired, youthful driver, renewal discount, multi-vehicle, safe driver, and driver training.
  • GEICO offers discounts including driver training, anti-lock brakes, seat belt use, multi-policy, multi-vehicle, and good student.
  • SAFECO policyholders can earn discounts including drive less, homeowner, multi-car, safe driver, anti-lock brakes, and bundle discounts.

It’s a good idea to ask each insurance company to apply every possible discount. Savings might not apply in every state.

Beware of misleading auto insurance ads

Auto insurance companies such as GEICO, State Farm and Progressive endlessly run television and radio advertisements. All the companies have a common claim that drivers can save some big amount just by moving to them. That’s great but how can every company make almost identical claims? This is how they do it.

Companies give the best rates for the type of driver that is profitable for them. An example of a profitable customer could be a married female, insures multiple vehicles, and does not commute to work. A propective insured that meets those criteria may get the lowest car insurance rates and have a good chance to save quite a bit of money when switching.

Consumers who do not fit the requirements may be forced to pay higher premium rates with the end result being the prospect going elsewhere. If you pay attention, the ads say “people who switch” not “everybody who quotes” save that kind of money. That’s the way companies can claim big savings. This illustrates why it is so important to do a rate comparison at every renewal. It is impossible to predict the company that will provide you with the cheapest car insurance rates.

Tailor your insurance coverage coverage to you

When it comes to choosing coverage for your vehicles, there is no one size fits all plan. Everyone’s situation is unique so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs might need professional guidance.

  • Am I covered when driving someone else’s vehicle?
  • Am I covered when using my vehicle for business?
  • Does insurance cover damages from a DUI accident?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered when pulling a rental trailer?
  • Does having multiple vehicles earn me a discount?
  • What is high-risk coverage and where do I buy it?
  • Are rock chip repairs covered?

If it’s difficult to answer those questions, you may need to chat with an agent. To find an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Detailed coverages of your auto insurance policy

Learning about specific coverages of your policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be confusing and nobody wants to actually read their policy. Shown next are typical coverage types available from auto insurance companies.

Collision coverage – This pays for damage to your S-Class from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sustaining damage from a pot hole, sideswiping another vehicle and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family and also any damage incurred to your Mercedes-Benz S-Class.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Insurance for medical payments – Coverage for medical payments and/or PIP pay for immediate expenses like nursing services, surgery and rehabilitation expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as vandalism, a tree branch falling on your vehicle, damage from a tornado or hurricane and hitting a deer. The maximum amount your auto insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Liability insurance – Liability insurance can cover damage or injury you incur to other people or property. 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 for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability insurance covers claims such as attorney fees, pain and suffering, court costs, structural damage and bail bonds. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

Don’t throw your cash in the trash

In this article, we presented some good ideas how you can reduce 1996 Mercedes-Benz S-Class insurance car insurance rates online. It’s most important to understand that the more rate quotes you have, the higher your chance of finding the cheapest car insurance. You may even discover the lowest car insurance rates are with a small local company. Smaller companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or GEICO.

Cheaper auto insurance is attainable on the web and from local insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance companies don’t offer rates over the internet and many times these small insurance companies only sell coverage through independent insurance agents.

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