1993 Mercedes-Benz 400-Class Insurance Rates

If online insurance coverage comparisons are new to you, you may be confused by the vast number of online companies offering insurance.

You should take the time to shop coverage around yearly due to the fact that insurance rates are constantly changing. Despite the fact that you may have had the best deal for 400-Class coverage six months ago you can probably find a better price now. There is a lot of wrong information about insurance coverage online, so by reading this article, you’re going to learn the best ways to put money back in your pocket.

Finding Insurance Coverage

All the larger insurance coverage companies such as State Farm and Allstate give coverage prices on their websites. Getting online quotes is quite simple as you simply enter your personal and coverage information as requested by the quote form. When the form is submitted, their system will order your driving and credit reports and quotes a price.

This simplifies rate comparisons, but the time required to go to many different websites and fill out multiple forms gets old quite quickly. But it is imperative to compare as many rates as possible if you want to find the lowest price.

Quote rates the easy way

The smarter way to find lower prices requires only one form to obtain quotes from several companies at one time. This type of form saves time, reduces the work, and makes price shopping online much more efficient. As soon as the form is sent, it is quoted and you can select any of the quotes returned.

If a lower price is quoted, it’s easy to complete the application and purchase coverage. The entire process can be completed in a matter of minutes and you will know how your current rates stack up.

To save time and use this form to compare rates, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you type in your coverages as shown on your current policy. This makes sure you will receive rate comparison quotes based on similar coverages.

Do you really save 40% when you switch?

Insurance companies such as State Farm and Allstate constantly bombard you with television and radio advertisements. They all seem to make an identical promise that you’ll save big if you switch your policy. But how can every company make almost identical claims? It’s all in the numbers.

All the different companies have a preferred profile for the type of driver that earns them a profit. For instance, a desirable insured might be profiled as a mature driver, owns a home, and chooses high deductibles. Any new insured that hits that “sweet spot” gets the lowest rates and most likely will save when they switch companies.

Drivers who don’t qualify for this ideal profile will be quoted a more expensive rate which usually ends up with business going elsewhere. The ads state “people who switch” not “people who quote” save that kind of money. That’s the way insurance companies can confidently state the savings.

This emphasizes why you should compare many company’s rates. It’s impossible to know the company that will fit your personal profile best.

Save on Mercedes-Benz 400-Class insurance

Insurance can be prohibitively expensive, but discounts can save money and there are some available to help offset the cost. Most are applied at quote time, but some must be asked for before they will apply.

  • Anti-theft System – Cars that have factory anti-theft systems prevent vehicle theft and earn discounts up to 10%.
  • Own a Home – Owning a house may trigger a car insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
  • Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less for 400-Class coverage than their less cautious counterparts.
  • Employee of Federal Government – Employees or retirees of the government can save as much as 8% for 400-Class coverage depending on your company.
  • No Charge for an Accident – Some insurance companies allow you one accident without raising rates if your claims history is clear for a particular time prior to the accident.
  • Service Members Pay Less – Having a deployed family member could be rewarded with lower premiums.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up before your current policy expires. The savings is around 10%.
  • Passive Restraints – Factory air bags or motorized seat belts may earn rate discounts of 20% or more.
  • Paperwork-free – Some insurance companies give back up to $50 just for signing your application over the internet.

A little note about advertised discounts, most discount credits are not given to the entire cost. Most only apply to the cost of specific coverages such as collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, you won’t be that lucky. Any qualifying discounts will cut your overall premium however.

Insurance companies who might offer these benefits are:

Double check with each insurance company how you can save money. Savings may not be available in your state.

Tailor your coverage to you

When it comes to choosing coverage, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that may help you determine if your situation might need an agent’s assistance.

  • Do I need to file an SR-22 for a DUI in my state?
  • Should I drop comprehensive coverage on older vehicles?
  • When do I need to add a new car to my policy?
  • Do I have coverage for damage caused while driving under the influence?
  • Why do I only qualify for high-risk insurance?
  • Does my policy pay for OEM or aftermarket parts?
  • How much liability insurance is required?
  • Do I need replacement cost coverage on my 1993 Mercedes-Benz 400-Class?
  • Exactly who is provided coverage by my policy?
  • Should I file a claim if it’s only slightly more than my deductible?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Car insurance coverage information

Learning about specific coverages of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Liability insurance

This coverage protects you from injuries or damage you cause to other’s property or people in an accident. It protects you from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount without having the split limit caps.

Liability can pay for claims such as repair bills for other people’s vehicles, medical services, pain and suffering, attorney fees and legal defense fees. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Collision coverage protection

Collision insurance pays for damage to your 400-Class resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as sideswiping another vehicle, rolling your car, colliding with another moving vehicle, hitting a mailbox and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for expenses like EMT expenses, prosthetic devices, chiropractic care, rehabilitation expenses and surgery. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage

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 can pay for claims like theft, falling objects and rock chips in glass. The highest amount a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

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 hospital bills for your injuries and also any damage incurred to your Mercedes-Benz 400-Class.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Usually the UM/UIM limits do not exceed the liability coverage limits.

Online plus local equals savings

Insureds switch companies for many reasons like questionable increases in premium, delays in paying claims, an unsatisfactory settlement offer and delays in responding to claim requests. Whatever your reason, finding the right auto insurance provider can be easy and end up saving you some money.

Cost effective 1993 Mercedes-Benz 400-Class insurance is possible from both online companies in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. A few companies do not provide the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

In this article, we presented many tips how you can compare insurance prices online. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising.

More tips and info about auto insurance is located by following these links: