View 2012 Mercedes-Benz S-Class Car Insurance Rates

Looking for lower insurance rates for your Mercedes-Benz S-Class? Are you confused by the sheer number of insurance options? You have a lot of company. Drivers have so many options available that it can turn into a ton of work to find the perfect company for you.

It is always a good idea to compare prices occasionally since rates go up and down regularly. Despite the fact that you may have had the lowest rates on S-Class insurance on your last policy there is a good chance you can find better rates now. You can find a lot of misleading information regarding insurance on the web, but I’m going to show you some solid techniques on how to put money back in your pocket.

Finding the best rates is easy if you know what you’re doing. Essentially every vehicle owner who shops for auto insurance most likely will be able to find lower rates. But consumers can benefit by having an understanding of the methods companies use to determine prices and use this information to your advantage.

Lesser-known factors impacting Mercedes-Benz S-Class insurance rates

An important part of buying insurance is that you know some of the elements that help determine your insurance rates. Understanding what determines base rates helps enable you to make changes that will entitle you to much lower annual insurance costs.

  • Women pay lower rates – Statistics demonstrate women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. Both sexes have accidents at about the same rate, but men cause more damage. Men also receive more costly citations such as DWI and reckless driving. Young males are most likely to cause an accident and thus pay the highest rates.
  • Multiple policies with one company can save – Some insurance companies provide better rates to customers who consolidate policies with them in the form of a multi-policy discount. Even if you’re getting this discount you still need to compare rates to ensure the best deal. Drivers may still find better rates by insuring with multiple companies.
  • Do you have enough liability coverage? – Your policy’s liability coverage is the protection if ever a jury decides you are liable for personal injury or accident damage. It will provide legal defense coverage up to the limits shown on your policy. This coverage is very inexpensive as compared to coverage for physical damage, so do not skimp.
  • Add-on coverages can add up – There are a ton of extra bells and whistles that can waste your money on your 2012 S-Class policy. Coverages for personal injury protection, accident forgiveness and motor club memberships may be wasting your money. They may seem good at first, but if you don’t need them eliminate them to save money.

Compare Car Insurance Today

When shopping for car insurance there are multiple ways to compare rate quotes and find the best price. The recommended way to find the lowest 2012 Mercedes-Benz S-Class rates is to use the internet to compare rates. This can be done using a couple different methods.

The best way to get the best comparison quotes is an all-inclusive rate comparison like this one (opens in new window). This form saves time by eliminating repetitive form submissions for each company. Filling out one form will get you price quotes from all major companies. It’s definitely the quickest method.

A more time consuming way to compare rate quotes requires visiting the website for every company you want to comare to complete their respective quote request forms. For sake of this example, we’ll pretend you want to compare rates from USAA, 21st Century and Farmers. To get rate quotes you would need to spend time on each company’s site and enter your information, and that’s why the first method is more popular.

For a list of links to companies insuring cars in your area, click here.

The least efficient way to compare rates is to spend your day driving to local insurance agencies. The internet has reduced the need for local agents unless you require the professional advice that only a license agent can provide. You can, however, obtain prices from the web but buy from a local insurance agent and you’ll learn how to do that later.

Which method you use is up to you, but be sure to compare the exact same information for each comparison quote. If you enter different deductibles then you won’t be able to determine the best price for your Mercedes-Benz S-Class. Just a small difference in coverage limits could mean much higher rates. And when price shopping your coverage, more quotes helps you find the best offered rates.

Discounts can save BIG

Car insurance companies do not list all their discounts very well, so here is a list some of the best known and the harder-to-find savings tricks you should be using.

  • Anti-theft Discount – Anti-theft and alarm systems are stolen less frequently and qualify for as much as a 10% discount.
  • Life Insurance – Companies who offer life insurance give a discount if you purchase life insurance from them.
  • 55 and Retired – Mature drivers may be able to get a small decrease in premiums on S-Class insurance.
  • Homeowners Pay Less – Simply owning a home can help you save on insurance coverage because owning a home shows financial diligence.
  • Organization Discounts – Being a member of a qualifying organization could qualify you for a break when buying insurance coverage on S-Class insurance.
  • Multiple Vehicles – Having multiple vehicles on the same insurance coverage policy may reduce the rate for each vehicle.

A little note about advertised discounts, most discounts do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like comp or med pay. Just because you may think you would end up receiving a 100% discount, companies don’t profit that way.

To see a list of companies with discount insurance coverage rates, click here.

Will just any policy work for me?

When it comes to choosing proper insurance coverage, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s.

For instance, these questions can aid in determining if your situation would benefit from professional advice.

  • Is my custom paint covered by insurance?
  • What happens if I owe more than my 2012 Mercedes-Benz S-Class is worth?
  • Can I still get insurance after a DUI?
  • Am I covered if I hit my neighbor’s mailbox?
  • Should I buy additional glass protection?
  • Is pleasure use cheaper than using my 2012 Mercedes-Benz S-Class to commute?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.

The coverage is in the details

Having a good grasp of insurance can be of help when determining which coverages you need and proper limits and deductibles. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Collision coverage – Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a ditch, hitting a parking meter and crashing into a building. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. 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 for chiropractic care, dental work, doctor visits, EMT expenses and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance plan or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Liability coverages – This provides protection from damage or injury you incur to other people or property in an accident. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims like repair bills for other people’s vehicles, bail bonds, funeral expenses, medical services and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Comprehensive coverage – Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like theft, rock chips in glass, fire damage, damage from a tornado or hurricane and a broken windshield. The maximum payout your insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz S-Class.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Final considerations

People leave their current company for a variety of reasons including unfair underwriting practices, denial of a claim, questionable increases in premium or high prices. No matter why you want to switch, choosing a new company is not as difficult as it may seem.

When shopping online for insurance, it’s very important that you do not reduce needed coverages to save money. There are too many instances where an insured dropped comprehensive coverage or liability limits only to regret at claim time that the few dollars in savings costed them thousands. The proper strategy is to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.

We covered some good ideas how to compare 2012 Mercedes-Benz S-Class insurance prices online. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. You may even discover the best price on insurance is with a smaller regional carrier.

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