1998 Mercedes-Benz S-Class Insurance Quotes – 8 Policy Discounts

Searching for budget-priced auto insurance is intimidating for people who are beginners to quoting and comparison shopping online. With such a large choice of insurers to choose from, how can drivers possibly compare every one to find the lowest price available?

Compare auto insurance rate quotes online

There are several ways to compare rate quotes from local auto insurance companies. The best way to compare 1998 Mercedes-Benz S-Class insurance prices is to jump online and get quotes. This is very easy and can be done in several different ways.

  1. The best way to find the lowest comparison rates is to use a rate comparison form click here to open form in new window. This form saves time by eliminating boring form submissions to each individual auto insurance company. One quote request will get you price quotes from many national carriers. Recommended for those who want to invest the least amount of time.
  2. A slightly less efficient method to find more affordable insurance is spending the time to visit the website for each individual company and fill out a new quote form. For example, we’ll assume you want rates from Farmers, Esurance and Allstate. You would have to go to every website to enter the same coverage data repeatedly, which is why the first method is more popular.

    To view a list of companies in your area, click here.

  3. The hardest method to find lower rates is to spend time driving to and from local insurance agencies. Doing it all online eliminates the need for an insurance agent unless you have a complicated situation and need the professional guidance that can only be provided by a licensed insurance agent. However, consumers can comparison shop online but buy the policy through an agent.

It doesn’t matter which method you choose, just try to keep identical coverage limits for each price quote. If you have different liability limits it will be next to impossible to determine the best price for your Mercedes-Benz S-Class. Just slight variations in coverages can result in a big premium difference. Just keep in mind that quoting more helps improve the odds of finding the best offered rates.

Save $441 a year. For real?

Auto insurance companies such as Allstate and Progressive constantly bombard you with ads in print and on television. All the companies advertise the message about savings if you move to them. How does every auto insurance company lower your rates? It’s all in the words they use.

Most companies quote the lowest rates for the type of customer that earns them the highest profit. For example, a driver they prefer might have to be between the ages of 30 and 50, has had continuous coverage, and drives a lower-performance vehicle. Any driver that meets those criteria will get a cheap rate quote and will cut their rates substantially.

Drivers who do not match those standards may receive higher premiums which results in the prospect going elsewhere. The trick companies use is to say “drivers that switch” not “all people who quote” will save that much if they switch. That is how insurance companies can make the claims of big savings. Because of this risk profiling, drivers should compare price quotes frequently. It’s just not possible to know the company that will have the best prices.

Eight discounts for affordable insurance coverage quotes

Some insurance providers don’t always publicize all available discounts very clearly, so the list below contains both well-publicized as well as the least known discounts that you can inquire about if you buy car insurance online.

  • College Student Discount – Older children who live away from home at college without a vehicle on campus may be able to be covered for less.
  • Air Bags and Passive Restraints – Cars that have air bags can qualify for discounts of 20% or more.
  • Seat Belts Save – Requiring all passengers to use their safety belts could save 15% off PIP or medical payments premium.
  • Discount for Swiching Early – A few insurance companies offer discounts for switching policies prior to your current policy expiration. You could save around 10% when you buy car insurance online.
  • Home Ownership Discount – Simply owning a home can save a few bucks because owning a home requires personal responsibility.
  • Theft Prevention System – Cars optioned with advanced anti-theft systems prevent vehicle theft and can earn a small discount on your policy.
  • Early Payment Discounts – If you pay your bill all at once rather than spreading payments over time you can avoid the installment charge.
  • No Accidents – Claim-free drivers pay much less when compared to bad drivers.

Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the entire cost. Most only reduce individual premiums such as collision or personal injury protection. If you do the math and it seems like it’s possible to get free car insurance, it doesn’t quite work that way. But all discounts will cut your policy cost.

Some of the larger companies that may include some of the discounts shown above are:

Check with all companies you are considering which discounts can lower your rates. Some discounts listed above might not be offered in your area. To see a list of insurance companies that offer discounts, click here.

You may need specialized auto insurance coverage

When choosing coverage for your personal vehicles, there really is not a one size fits all plan. Everyone’s needs are different.

For example, these questions may help you determine if your situation would benefit from an agent’s advice.

  • What companies insure drivers after a DUI or DWI?
  • How does medical payments coverage work?
  • What is the difference between comprehensive and collision coverage?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Does my policy pay for OEM or aftermarket parts?
  • Am I covered if I wreck a rental car?
  • Are my friends covered when driving my car?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form.

Insurance coverages and their meanings

Knowing the specifics of your policy can help you determine appropriate coverage and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy.

Coverage for liability – This coverage will cover injuries or damage you cause to people or other property that is your fault. 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 might see policy limits of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage protects against claims like medical expenses, medical services, attorney fees, repair costs for stationary objects and structural damage. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as much as you can afford.

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries and damage to your Mercedes-Benz S-Class.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important.

Insurance for medical payments – Med pay and PIP coverage reimburse you for expenses for prosthetic devices, ambulance fees, chiropractic care and dental work. They can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision) – This covers damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like damage from flooding, rock chips in glass, theft and falling objects. The maximum amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision – This coverage covers damage to your S-Class caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like crashing into a ditch, colliding with another moving vehicle, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

The best insurance company isn’t always the cheapest

Budget-friendly car insurance is attainable both online as well as from independent agents, and you need to comparison shop both so you have a total pricing picture. A few companies don’t offer price quotes online and most of the time these small insurance companies sell through independent agents.

Consumers who switch companies do it for any number of reasons including unfair underwriting practices, not issuing a premium refund, high rates after DUI convictions and denial of a claim. It doesn’t matter why you want to switch finding a new car insurance company is pretty easy and you might even save some money in the process.

When getting car insurance quotes online, it’s very important that you do not reduce coverage to reduce premium. There have been many situations where an insured cut physical damage coverage only to regret at claim time that it was a big error on their part. Your objective should be to buy enough coverage at a price you can afford, but don’t skip important coverages to save money.

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