2011 Mercedes-Benz S-Class Car Insurance Quotes – 5 Ways to Save

Have you finally had enough of paying out the nose each month for auto insurance? You’re in the same situation as most other vehicle owners. With vehicle owners having so many insurance providers from which to choose, it is very difficult to locate a lower cost auto insurance company.

You should make it a habit to compare premium rates before your next renewal because auto insurance prices are constantly changing. Just because you had the best rates on S-Class coverage two years ago the chances are good that you can find a lower premium rate today. Don’t believe everything you read about auto insurance online, but in a few minutes you can learn some excellent ideas to quit paying high auto insurance rates.

The quickest method we recommend to get rate comparisons is to realize almost all companies allow for online access to give free rates quotes. All consumers are required to do is provide details such as how much coverage you want, whether you are single or married, whether or not you need a SR-22, and your general credit rating. That information is then sent to multiple car insurance providers and you will receive price estimates very quickly.

Tailor your auto insurance coverage to you

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions can aid in determining whether your personal situation would benefit from an agent’s advice.

  • Is my ex-spouse still covered by my policy?
  • Is my cargo covered for damage or theft?
  • Am I covered when delivering products for my home-based business?
  • Is my trailer covered?
  • At what point should I drop full coverage?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form or click here for a list of auto insurance companies in your area. It is quick, free and may give you better protection.

Information about specific coverages

Having a good grasp of your car insurance policy can help you determine which coverages you need and proper limits and deductibles. Car insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by car insurance companies.

Liability coverage – Liability coverage provides protection from damages or injuries you inflict on other’s property or people. It protects YOU against claims from other people, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims like structural damage, bail bonds and medical services. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage – This pays for damage to your S-Class from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision can pay for things such as sustaining damage from a pot hole, hitting a mailbox and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive (Other than Collision) – This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like fire damage, falling objects, damage from flooding, rock chips in glass and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical expense insurance – Coverage for medical payments and/or PIP reimburse you for expenses like doctor visits, rehabilitation expenses, funeral costs, pain medications and nursing services. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Usually these limits are set the same as your liablity limits.