Cheaper 2016 Mercedes-Benz S-Class Car Insurance Quotes

Looking for better car insurance rates for your Mercedes-Benz S-Class? Having to pay for overpriced car insurance can dwindle your bank account and put a big crunch on your finances. Doing a price comparison is free and is an excellent way to tighten up your finances.

With so many options when it comes to car insurance, it can be challenging to pick the most affordable provider.

Mercedes-Benz S-Class rates are in the details

Smart consumers have a good feel for some of the elements that play a part in calculating the price you pay for insurance. When you know what positively or negatively determines base rates empowers consumers to make smart changes that will entitle you to better insurance rates.

Shown below are a few of the “ingredients” used by your company to calculate prices.

  • Liability insurance protects assets – Liability insurance is the protection in the event that you are found liable for damages from an accident. It will provide legal defense which can cost thousands of dollars. Liability is cheap compared to physical damage coverage, so do not cut corners here.
  • Safer cars cost less to insure – Vehicles with good safety scores get lower rates. The safest vehicles result in less severe injuries and lower injury rates translates into fewer and smaller insurance claims and lower rates for you. If your Mercedes-Benz S-Class earned at least four stars on Safercar.gov it may be receiving lower rates.
  • Higher deductibles cost less – Physical damage insurance, also known as collision and other-than-collision, protects your Mercedes-Benz from damage. A few examples of covered claims would be running into the backend of another car, damage caused by hail, and burglary. Physical damage deductibles are the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more money you have to pay, the lower your rates will be on S-Class insurance.
  • Your car’s features help determine rates – Owning a car with anti-theft technology or alarm system can help bring down rates. Anti-theft features such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent your car from being stolen.
  • Men are more aggressive – Statistics show that women are safer drivers than men. However, don’t assume that women are BETTER drivers than men. Women and men are in accidents in similar percentages, but the males cause more damage and cost insurance companies more money. They also get more serious tickets such as DWI and reckless driving.
  • High numbers of claims are not good – If you tend to file frequent claims, you can definitely plan on higher rates. Auto insurance companies provide discounts to insureds who file claims infrequently. Insurance coverage is intended for major claims that would cause financial hardship.

The most recommended method to compare rates utilizes the fact most of the bigger providers participate in a system to give you rate quotes. All consumers are required to do is spend a couple of minutes providing details including if a SR-22 is needed, how much education you have, what you do for a living, and the ages of drivers. Your insurance information is instantly provided to multiple different insurance companies and they return rate quotes immediately.

Cut prices on Mercedes-Benz S-Class insurance

Car insurance companies don’t always advertise every discount in a way that’s easy to find, so we took the time to find both the well known and the more hidden ways to save on auto insurance.

  • Passive Restraint Discount – Cars that have air bags or motorized seat belts may earn rate discounts of up to 25% or more.
  • New Vehicle Savings – Insuring a new car can cost up to 25% less since new cars are generally safer.
  • Defensive Driving Course – Completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Club Memberships – Participating in a professional or civic organization could trigger savings on auto insurance on S-Class insurance.
  • Service Members Pay Less – Being on active duty in the military may qualify for rate reductions.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on one policy can get a discount on all vehicles.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to use their safety belts can save 10% or more off the personal injury premium cost.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and qualify for as much as a 10% discount.
  • Low Mileage – Fewer annual miles on your Mercedes-Benz could be rewarded with discounted rates on garaged vehicles.

A little note about advertised discounts, some credits don’t apply to your bottom line cost. Most only apply to individual premiums such as comprehensive or collision. Just because it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.

To see a list of providers who offer auto insurance discounts, click this link.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there really is not a best way to insure your cars. Each situation is unique so your insurance should reflect that These are some specific questions might point out if your insurance needs could use an agent’s help.

  • Do I need more liability coverage?
  • Why am I required to buy liability insurance?
  • Is my teen driver covered when they drive my company car?
  • Is business property covered if stolen from my car?
  • What is the minimum liability in my state?
  • Do I have coverage for damage caused while driving under the influence?
  • Does having multiple vehicles earn me a discount?
  • Should I buy full coverage?
  • Will my insurance pay for OEM parts?
  • Am I covered when pulling a rental trailer?

If it’s difficult to answer those questions, you might consider talking to an agent. To find an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Car insurance coverages for a 2016 Mercedes-Benz S-Class

Knowing the specifics of a car insurance policy can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverages offered by car insurance companies.

Comprehensive coverage (or Other than Collision)

This covers 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 can pay for things such as damage from getting keyed, rock chips in glass, fire damage and falling objects. The maximum payout a car insurance company will pay at claim time is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your 2016 Mercedes-Benz S-Class.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability coverage

This can cover damage or injury you incur to other people or property in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers claims like bail bonds, pain and suffering and emergency aid. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.

Collision coverage

Collision insurance pays for damage to your S-Class resulting from a collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like sideswiping another vehicle, rolling your car, scraping a guard rail and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Insurance for medical payments

Med pay and PIP coverage pay for expenses for prosthetic devices, EMT expenses, X-ray expenses, pain medications and nursing services. They are used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Stretch your dollar

When you buy insurance online, never skimp on critical coverages to save a buck or two. There have been many cases where someone sacrificed collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your aim should be to find the BEST coverage at a price you can afford.

In this article, we covered some good ideas how you can get a better price on 2016 Mercedes-Benz S-Class insurance. The most important thing to understand is the more rate comparisons you have, the better chance you’ll have of finding lower rates. You may even find the lowest rates come from some of the lesser-known companies. Some small companies may only write in your state and offer lower rates than their larger competitors like Geico and State Farm.

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