Cheaper 2017 Mercedes-Benz S-Class Insurance Rates

Want the cheapest car insurance rates for your Mercedes-Benz S-Class? Are you burned out from paying out the nose to make your car insurance payment? Your situation is no different than many other vehicle owners.

Insurance companies such as Allstate, Progressive and GEICO increase brand awareness with fancy advertisements and consumers find it hard to see past the corporate glitz and take the time to shop coverage around.

How to compare free auto insurance rate quotes

Performing a rate comparison can be challenging if you don’t understand the best way to get rate quotes. You could waste time talking about coverages with insurance companies in your area, or you could use the internet to get prices fast.

Most car insurance companies participate in an industry program that allows shoppers to only type in their quote data once, and every company can give them a price for coverage. This system prevents you from having to do form submissions for each company you want a rate for.

To submit your quote information now, click to open in new window.

One minor caviat to getting quotes like this is you can’t choose which insurance companies to receive prices from. If you prefer to choose from a list of companies to receive pricing from, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

It doesn’t matter which method you choose, just try to use equivalent coverage limits and deductibles on every price quote you get. If the quotes have differing limits then you won’t be able to get a fair rate comparison. Just slight variations in insurance coverages or limits could skew the results. Keep in mind that having more price comparisons will enable you to find a lower rate than you’re paying now.

Insurance in the media

Progressive, Allstate and GEICO endlessly run ads in print and on television. All the ads make the same claim that you’ll save big if you get a free car insurance quote and switch your policy. It sounds good, but how can they all make almost identical claims? Here is the trick they use.

All companies give the cheapest rates for the driver that is profitable for them. For instance, a profitable risk profile might be married and over the age of 30, has no prior claims, and has a high credit rating. Someone that meets those criteria will get a cheap rate quote and most likely will save if they switch.

Insureds who fall short of these criteria will probably have to pay a more expensive rate and ends up with the customer not purchasing. The ad wording is “people who switch” but not “all drivers who get quotes” save that much. That’s the way companies can truthfully advertise the way they do.

Because every company is different, it is so important to get a wide range of price quotes. It’s just too difficult to predict which insurance companies will give you the biggest savings.

What affects Mercedes-Benz S-Class insurance rates?

Lots of things are part of the calculation when you get a price on insurance. Most are fairly basic such as your driving history, but other criteria are not as apparent like your vehicle usage or your vehicle rating.

The items below are some of the major factors used by your company to calculate your premiums.

  • Bundle policies and save – Lots of companies afford discounts to customers that buy multiple policies in the form of a multi-policy discount. Even though this discount sounds good, consumers should still compare rates to verify if the discount is saving money.
  • Drive less and get lower prices – The higher the miles on your Mercedes-Benz annually the higher the price you pay to insure it. Almost all companies apply a rate based on how the vehicle is used. Vehicles used primarily for pleasure use receive lower rates than vehicles that have high annual mileage. It’s a smart idea to ensure your policy correctly shows annual mileage, because it can save money. Incorrect rating for your S-Class is just wasting money.
  • Men pay more for insurance – The statistics show women are more cautious behind the wheel. It does not mean males are worse at driving than females. Males and females are in auto accidents at a similar rate, but the men tend to have more serious accidents. Not only are claims higher, but men get higher numbers of serious violations such as reckless driving. Male teenagers are the most expensive to insure and thus pay the highest rates.
  • How much liability insurance – Liability coverage will provide protection in the event that you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense up to the limits shown on your policy. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
  • Five star NHTSA crash test rating saves money – Cars with high safety ratings tend to have lower insurance rates. Vehicles engineered for safety help reduce the chance of injuries in an accident and any reduction in injury severity translates into savings for insurance companies and lower rates for you. If your Mercedes-Benz S-Class scored better than an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.

Lower rates by qualifying for discounts

Some companies don’t always advertise all available discounts in a way that’s easy to find, so the below list has both the well known and the more hidden discounts that you may qualify for.

  • Senior Discount – If you qualify as a senior citizen, you could receive a discount up to 10% on S-Class coverage.
  • Homeowners Discount – Owning your own home or condo may earn you a small savings since home ownership is proof that your finances are in order.
  • Anti-lock Brakes – Cars with ABS and/or traction control can avoid accidents so you can save 10 percent or more.
  • Discounts for New Vehicles – Insuring a vehicle that is new can get you a discount compared to insuring an older model.
  • Bundled Policy Discount – If you insure your home and vehicles and insure them with the same company you may earn at least 10% off all policies.
  • No Charge for an Accident – This one isn’t a discount, but some insurance companies allow you one accident without raising rates so long as you haven’t had any claims for a certain period of time.
  • Pay Upfront and Save – If you pay your entire premium ahead of time rather than spreading payments over time you can actually save on your bill.
  • Defensive Driver – Passing a class that teaches driver safety techniques could cut 5% off your bill if you qualify.
  • Distant Student – Older children who are enrolled in higher education away from home and do not take a car to college may qualify for this discount.

Just know that some credits don’t apply to the overall cost of the policy. Most cut specific coverage prices like comprehensive or collision. So despite the fact that it appears you could get a free auto insurance policy, insurance companies wouldn’t stay in business.

Large auto insurance companies and a selection of discounts are outlined below.

  • American Family has savings for defensive driver, early bird, multi-vehicle, accident-free, good driver, mySafetyValet, and TimeAway discount.
  • Nationwide policyholders can earn discounts including accident-free, family plan, Farm Bureau membership, good student, and easy pay.
  • MetLife may include discounts for good student, good driver, multi-policy, claim-free, defensive driver, accident-free
  • 21st Century offers discounts for early bird, 55 and older, teen driver, air bags, and good student.
  • Farmers Insurance has discounts for electronic funds transfer, alternative fuel, homeowner, mature driver, and pay in full.
  • Allstate may have discounts that include EZ pay plan discount, defensive driver, good payer, teenSMART discount, early signing, new car, and utility vehicle.

If you need inexpensive car insurance quotes, ask all companies you are considering how many discounts you can get. Some of the discounts discussed earlier might not be offered in your state. To locate insurance companies that offer many of these discounts, click here to view.

Car insurance is unique, just like you

When it comes to buying the right insurance coverage for your personal vehicles, there really is no “best” method to buy coverage. Everyone’s needs are different and a cookie cutter policy won’t apply. For example, these questions can aid in determining if your insurance needs might need an agent’s assistance.

  • Does my personal policy cover me when driving out-of-state?
  • How much liability insurance is required?
  • Does my insurance cover my expensive audio equipment?
  • Does my insurance cover a custom paint job?
  • At what point should I drop full coverage?
  • Which is better, split liability limits or combined limits?
  • How can I get high-risk coverage after a DUI?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an insurance agent. If you want to speak to an agent in your area, simply complete this short form or go to this page to view a list of companies.

Insurance specifics

Learning about specific coverages of a insurance policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverage types offered by insurance companies.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as fire damage, a broken windshield, hail damage, damage from flooding and damage from getting keyed. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision protection

Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims such as damaging your car on a curb, colliding with another moving vehicle, sustaining damage from a pot hole and hitting a parking meter. Paying for collision coverage can be pricey, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Liability auto insurance

Liability insurance can cover damage or injury you incur to a person or their property by causing an accident. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 that means you have $50,000 in coverage for each person’s injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims like pain and suffering, medical services and legal defense fees. How much coverage you buy is up to you, but you should buy as large an amount as possible.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for prosthetic devices, funeral costs and pain medications. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Mercedes-Benz S-Class.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally these coverages do not exceed the liability coverage limits.

Smart shoppers get results

Budget-conscious 2017 Mercedes-Benz S-Class insurance is definitely available online and also from your neighborhood agents, so you should compare both in order to have the best price selection to choose from. A few companies don’t offer online quoting and most of the time these smaller providers sell through independent agents.

Throughout this article, we presented quite a bit of information on how to reduce 2017 Mercedes-Benz S-Class insurance auto insurance rates online. The key concept to understand is the more providers you compare, the better your chances of lowering your premium rates. You may be surprised to find that the lowest auto insurance rates are with the least-expected company. These smaller insurers may only write in your state and offer lower premium rates than their larger competitors like State Farm and Allstate.

Additional car insurance information is located on the following sites: