Compare 1995 Mercedes-Benz S-Class Insurance Quotes

Want better auto insurance rates for your Mercedes-Benz S-Class? Having to pay for overpriced auto insurance can empty your savings account, especially in this economy. Comparison shopping is a smart way to lower your monthly bill. There is such a variety of auto insurance companies to buy insurance from, and although it’s nice to have a choice, it makes it harder to compare rates and cut insurance costs.

It’s important to compare rates at least once a year since rates are rarely the same from one policy term to another. Even if you got the best deal on S-Class coverage a few years ago you can probably find a lower rate today. So forget anything you know (or think you know) about auto insurance because it’s time to teach you the easiest way to reduce your cost while increasing coverage.

Take advantage of discounts

The cost of insuring your cars can be expensive, but you may find discounts that you may not even be aware of. Certain discounts will be applied at quote time, but a few must be specifically requested before you get the savings. If you’re not getting every credit you qualify for, you’re just leaving money on the table.

  • Clubs and Organizations – Belonging to certain professional organizations is a good way to get lower rates on your policy on S-Class coverage.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
  • Discount for Swiching Early – Some insurance companies reward drivers for signing up before your current expiration date. The savings is around 10%.
  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Good Student Discount – Getting good grades can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.
  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • Low Mileage Discounts – Fewer annual miles on your Mercedes-Benz can earn discounted rates on garaged vehicles.
  • One Accident Forgiven – A handful of insurance companies permit an accident before raising your premiums so long as you haven’t had any claims for a set time period.

Drivers should understand that some of the credits will not apply to the entire cost. Some only reduce individual premiums such as liability and collision coverage. Even though it may seem like adding up those discounts means a free policy, companies don’t profit that way. Any qualifying discounts will help reduce your premiums.

Companies that possibly offer these money-saving discounts include:

Check with each insurance company what discounts are available to you. Some discounts may not apply in your area.

How to Buy Auto Insurance Online

Reducing your 1995 Mercedes-Benz S-Class insurance rates is not a difficult process. Drivers just need to take time comparing rates from different insurance companies. It is quite easy and can be accomplished in several different ways.

  1. The best way to find the lowest comparison rates is an all-inclusive rate comparison click here to open form in new window. This form saves time by eliminating separate forms for every auto insurance company. A single form will get you price quotes from several companies.
  2. A slightly less efficient method to get quotes online requires a trip to each company’s website and complete a new quote form. For instance, let’s assume you want rates from Auto-Owners, State Farm and Liberty Mutual. To find out each rate you need to visit each site and enter your policy data, which is why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

It’s your choice how you get your quotes, but be sure to compare exactly the same information on every quote you get. If you are comparing higher or lower deductibles it’s not possible to determine which rate is truly the best.

Why you might be paying too much to insure your Mercedes-Benz S-Class

It’s important that you understand the different types of things that go into determining insurance coverage rates. Understanding what determines base rates helps enable you to make changes that could result in better insurance coverage rates.

Listed below are some of the factors that factor into premiums.

  • Small claims can cost you – Car insurance companies give better rates to policyholders who do not file claims often. If you frequently file small claims, you can look forward to either a policy non-renewal or much higher rates. Car insurance is intended to be relied upon for the large, substantial claims.
  • Clean credit earns discounts – Having a bad credit history is a big factor in your rate calculation. If your credit rating is not that good, you could be paying less to insure your 1995 Mercedes-Benz S-Class by improving your rating. Drivers who have good credit tend to be better drivers and file fewer claims than drivers with lower credit scores.
  • Where you live is a factor – Residing in small towns and rural areas can save you money when insuring your vehicles. Drivers in populated areas tend to have traffic congestion and much longer commute distances. Less people living in that area means reduced accidents and a lower car theft rate.
  • Do you have enough liability coverage? – The liability section of your policy is the protection when you are found to be at fault for personal injury or accident damage. Liability provides legal defense coverage up to the limits shown on your policy. Liability insurance is quite affordable compared to insuring for physical damage coverage, so buy as much as you can afford.

How to know if you need help

When choosing the best insurance coverage for your personal vehicles, there really is not a one size fits all plan. Everyone’s situation is a little different and a cookie cutter policy won’t apply. For example, these questions may help highlight whether your personal situation might need an agent’s assistance.

  • Can I get a multi-policy discount?
  • If my 1995 Mercedes-Benz S-Class is totaled, can I afford another vehicle?
  • I don’t drive much so do I pay less?
  • Does my policy cover me when driving someone else’s vehicle?
  • Does liability extend to a camper or trailer?
  • When should I buy a commercial auto policy?
  • Do I have coverage if my license is suspended?

If you can’t answer these questions but one or more may apply to you then you might want to talk to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and can help protect your family.

Drivers who switch save $465 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings from companies such as Geico, State Farm and Progressive. All the companies make the same claim that you’ll save big after switching your policy.

How can each company make almost identical claims? It’s all in the numbers.

All the different companies have a preferred profile for the right customer they prefer to insure. An example of a desirable insured could be a mature driver, has no tickets, and has a short commute. Any new insured who matches those parameters is entitled to the best price and is almost guaranteed to save when switching.

Drivers who fall outside the “perfect” profile must pay higher prices and ends up with business not being written. The ads say “customers who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can confidently make those claims.

This illustrates why drivers must get quotes from several different companies. It’s impossible to know the company that will have the lowest Mercedes-Benz S-Class insurance rates.

Car insurance coverages 101

Knowing the specifics of your car insurance policy aids in choosing the right coverages and proper limits and deductibles. Policy terminology can be confusing and reading a policy is terribly boring. These are typical coverages found on most car insurance policies.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Mercedes-Benz S-Class.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Collision coverage protection

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as crashing into a ditch, sustaining damage from a pot hole, driving through your garage door, hitting a mailbox and backing into a parked car. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to choose a higher deductible to save money on collision insurance.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as X-ray expenses, surgery, nursing services, hospital visits and rehabilitation expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive auto coverage

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like fire damage, damage from getting keyed and a tree branch falling on your vehicle. The most a car insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Liability auto insurance

This protects you from damage that occurs to other’s property or people by causing an accident. It protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like court costs, loss of income, repair bills for other people’s vehicles and bail bonds. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Be a penny pincher

We just covered many ideas to shop for 1995 Mercedes-Benz S-Class insurance online. The key thing to remember is the more you quote, the higher your chance of finding lower rates. You may be surprised to find that the lowest premiums are with some of the lesser-known companies. They may have significantly lower rates on certain market segments than their larger competitors like Allstate, Geico and Progressive.

While you’re price shopping online, it’s a bad idea to skimp on coverage in order to save money. There are a lot of situations where an insured cut collision coverage only to discover later that it was a big error on their part. The aim is to purchase a proper amount of coverage at the best price while still protecting your assets.

Additional insurance coverage information can be found at the links below