2009 Mercedes-Benz S-Class Car Insurance Cost – 10 Savings Tips

Looking for lower insurance coverage rates? Shoppers have many options when shopping for the best price on Mercedes-Benz S-Class insurance. They can either spend hours calling around trying to get quotes or utilize the internet to get rate quotes.

There are more efficient ways to find insurance coverage online and we’ll show you the proper way to compare rates for a Mercedes-Benz and obtain the lowest price from both online companies and local agents.

This information will help you learn how car insurance quotes work and some money-saving tips. If you currently have a car insurance policy, you should be able to reduce your rates substantially using this strategy. Vehicle owners just need to know the tricks to get comparison quotes on the web.

These ten discounts can lower your rates

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to help offset the cost. Some trigger automatically when you get a quote, but a few need to be specifically requested prior to receiving the credit. If you’re not getting every credit available, you’re paying more than you need to.

  • Low Mileage – Low mileage vehicles could be rewarded with better rates on cars that stay parked.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared with accident-prone drivers.
  • Use Seat Belts – Requiring all passengers to wear their seat belts can save 10% or more off the personal injury premium cost.
  • Military Discounts – Having a deployed family member may qualify for rate reductions.
  • Senior Discount – If you qualify as a senior citizen, you can possibly qualify for a discount up to 10% on S-Class coverage.
  • Multi-policy Discount – If you insure your home and vehicles with the same insurance company you will save 10% to 20% off each policy.
  • Braking Control Discount – Cars that have steering control and anti-lock brakes prevent accidents and will save you 10% or more.
  • Life Insurance – Select insurance companies reward you with lower rates if you buy life insurance.
  • Clubs and Organizations – Participating in a qualifying organization could qualify you for a break on insurance coverage on S-Class coverage.
  • Payment Discounts – By paying your policy upfront instead of paying each month you could save up to 5%.

It’s important to understand that some of the credits will not apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. So when it seems like you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will reduce the cost of coverage.

Insurance companies that may have these money-saving discounts are:

Double check with every prospective company which discounts they offer. All car insurance discounts may not be available in every state.

Beware of misleading car insurance ads

Drivers constantly see and hear ads for car insurance savings by State Farm and Allstate. They all make an identical promise that you can save after switching to their company.

How do they all say the same thing?

All companies can use profiling for the type of customer they prefer to insure. A good example of a preferred risk might be between 30 and 50, owns a home, and has a short commute. Any driver that hits that “sweet spot” will qualify for the lowest rates and therefore will save when switching.

Drivers who are not a match for the requirements will have to pay more money which leads to business not being written. Company advertisements say “drivers who switch” not “everybody who quotes” save that kind of money. That’s the way insurance companies can confidently make those claims.

Because of the profiling, you absolutely need to get as many quotes as possible. It is impossible to predict the company that will provide you with the cheapest Mercedes-Benz S-Class insurance rates.

Different people need different coverages

When choosing proper insurance coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is unique.

For example, these questions can aid in determining if your insurance needs could use an agent’s help.

  • How do I buy GAP insurance?
  • Can my babysitter drive my car?
  • Do I have coverage if my license is suspended?
  • Should I drop comprehensive coverage on older vehicles?
  • Should I buy additional glass protection?
  • How much liability do I need to cover my assets?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Am I missing any policy discounts?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Is my 2009 Mercedes-Benz S-Class covered for flood damage?

If you don’t know the answers to these questions but one or more may apply to you, then you may want to think about talking to an agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can provide invaluable advice.

Insurance coverages and their meanings

Learning about specific coverages of your insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability coverage

This will cover injuries or damage you cause to other’s property or people. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability can pay for claims such as legal defense fees, funeral expenses, medical expenses and attorney fees. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for immediate expenses such as nursing services, EMT expenses, funeral costs and hospital visits. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Collision protection

This will pay to fix damage to your S-Class resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like crashing into a ditch, damaging your car on a curb, backing into a parked car, hitting a mailbox and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also choose a higher deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz S-Class.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive insurance

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hitting a bird, theft and falling objects. The most a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

In the end, you save

As you prepare to switch companies, it’s a bad idea to reduce coverage to reduce premium. There are too many instances where an insured dropped full coverage to discover at claim time that the small savings ended up costing them much more. Your goal should be to purchase plenty of coverage for the lowest price, not the least amount of coverage.

Cost effective 2009 Mercedes-Benz S-Class insurance is attainable from both online companies and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies may not provide online quoting and these regional insurance providers work with independent agents.

Insureds who switch companies do it for a number of reasons such as policy cancellation, an unsatisfactory settlement offer, lack of trust in their agent and delays in paying claims. Whatever your reason, switching companies is easier than you think.

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