1991 Mercedes-Benz 420-Class Insurance Cost

Searching for lower car insurance rates for your Mercedes-Benz 420-Class? Are you overwhelmed by the wide range of car insurance sources available to you? You’re not alone. There are so many sources available that it can easily turn into a lot of work to find a more affordable company.

It’s a good habit to shop coverage around before your next renewal because insurance prices change frequently. Just because you had the best rates for 420-Class coverage a year ago you will most likely find a better rate quote today. Block out anything you think you know about car insurance because we’re going to show you the right way to properly buy coverages and cut your premium.

Insurance discounts are available to slash your rates

Insuring your fleet can be pricey, but there’s a good chance there are discounts that can dramatically reduce your bill. Some discounts apply automatically at the time you complete a quote, but some need to be specially asked for before they will apply.

• Data Collection Discounts – Drivers that enable driving data collection to monitor driving patterns by using a telematic data system like Drivewise from Allstate or In-Drive from State Farm may see discounts as long as they are good drivers.
• Driver’s Education for Students – It’s a good idea to have your young drivers successfully complete driver’s ed class in school or through a local driver safety program.
• Distant Student – College-age children who are enrolled in a college that is more than 100 miles from home and do not have access to a covered vehicle could get you a discount.
• Auto/Life Discount – Select insurance companies reward you with lower rates if you buy some life insurance too.
• Low Mileage Discounts – Fewer annual miles on your Mercedes-Benz may enable drivers to earn lower premium rates due to less chance of an accident.
• Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to use their safety belts could cut 10% or more on the premium charged for medical payments and/or PIP.
• 55 and Retired – Mature drivers could receive a small discount on rates for 420-Class coverage.
• Multiple Policy Discount – If you combine your auto and home policies with the same company you could save as much as 10 to 15 percent.
• Good Grades Discount – Being a good student may save you up to 25%. You can use this discount normally well after school through age 25.
• Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems may earn rate discounts up to 30%.

It’s important to note that some of the credits will not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like liability and collision coverage. So even though they make it sound like you would end up receiving a 100% discount, you aren’t that lucky.

Popular insurance companies and their possible discounts are detailed below.

• Progressive offers discounts for multi-policy, homeowner, online signing, online quote discount, good student, multi-vehicle, and continuous coverage.
• MetLife policyholders can earn discounts including good student, multi-policy, good driver, defensive driver, claim-free, and accident-free.
• Mercury Insurance may have discounts that include multi-policy, type of vehicle, ease of repair, low natural disaster claims, professional/association, accident-free, and multi-car.
• Nationwide includes discounts for business or organization, multi-policy, easy pay, accident-free, and Farm Bureau membership.
• Geico offers premium reductions for multi-policy, anti-lock brakes, air bags, emergency military deployment, driver training, federal employee, and defensive driver.
• AAA may include discounts for pay-in-full, good driver, multi-policy, AAA membership discount, anti-theft, multi-car, and good student.

When comparing rates, check with each insurance company how many discounts you can get. Depending on the company, some discounts may not be available everywhere. To see a list of insurance companies with the best discounts, click here to view.

You can change your insurance premiums

Lots of things are part of the equation when you quote your car insurance policy. Most are fairly basic such as your driving history, although others are more transparent such as your marital status or your commute time.An important part of buying insurance is that you know the factors that play a part in calculating your policy premiums. If you have some idea of what determines premiums, this empowers consumers to make smart changes that may reward you with lower rates.

• Marriage discount – Getting married can get you a discount on your auto insurance policy. It usually means you are more responsible and it’s statistically proven that married couples file fewer claims.
• Buy a safe car and pay less – Safer cars tend to have lower insurance rates. Safer cars reduce the chance of injuries and lower rates of occupant injuries translates directly to fewer claims which can result in lower premiums. If the Mercedes-Benz 420-Class earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
• Prices and your address – Living in less populated areas of the country can be a good thing when it comes to auto insurance. Fewer people translates into fewer accidents and a lower car theft rate. Urban drivers regularly have more auto accidents and longer commutes to work. More time on the road means higher likelihood of an accident.
• Keep auto insurance rates low by being claim-free – Insurance companies award the lowest premiums to drivers that do not abuse their auto insurance. If you file claims often, you can expect either higher rates or even cancellation. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
• No auto insurance policy gaps is important – Letting your insurance expire will be a sure-fire way to drive up your policy premiums. Not only will rates go up, not being able to provide proof of insurance can result in a license revocation or jail time. You could then be forced to prove you have insurance by filing a SR-22 with your state DMV.
• Optional features impact premiums – Owning a car with a theft deterrent system can save you some money. Advanced theft deterrents such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack can help prevent car theft.

Everyone needs different auto insurance coverages

When choosing the best auto insurance coverage, there really is no cookie cutter policy. Your needs are not the same as everyone else’s.

Here are some questions about coverages that might point out whether or not you might need professional guidance.

• When should I not file a claim?
• Does my policy cover me when driving someone else’s vehicle?
• Can my teen driver be rated on a liability-only vehicle?
• Which is better, split liability limits or combined limits?
• Is my trailer covered?
• Why am I required to buy liability insurance?
• Can I get a multi-policy discount?
• How can I find cheaper teen driver insurance?
• Do I need replacement cost coverage on my 1991 Mercedes-Benz 420-Class?
• I have health insurance so do I need medical payments coverage?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. If you want to speak to an agent in your area, fill out this quick form.

Save $390 a year! What?

Companies like State Farm and Allstate endlessly run ads on TV and radio. They all seem to have a common claim about saving some big amount if you change your coverage. How do they all charge you less for car insurance?

Most companies have specific guidelines for the type of driver that will most likely be profitable. For example, a desirable insured could possibly be between the ages of 30 and 50, is a homeowner, and drives newer vehicles. Any new insured who fits that profile receive the lowest rate quotes and most likely will save when they switch companies.

Insureds who do not match this stringent profile will get higher premiums and this can result in the customer buying from a different company. The ads state “customers that switch” but not “all drivers who get quotes” save that kind of money. This is how companies can truthfully make those statements.

This really illustrates why you absolutely need to compare free car insurance quotes often. It’s not possible to predict which company will have the best premium rates at this point in time.

Auto insurance coverages

Knowing the specifics of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement.

Uninsured or underinsured coverage – This coverage gives you protection from other drivers when they either have no liability insurance or not enough. Covered losses include injuries to you and your family and damage to your Mercedes-Benz 420-Class.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Most of the time these coverages are set the same as your liablity limits.

Medical expense coverage – Med pay and PIP coverage reimburse you for immediate expenses like EMT expenses, hospital visits, doctor visits and X-ray expenses. They are often used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

Collision – Collision insurance will pay to fix damage to your 420-Class resulting from colliding with an object or car. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like crashing into a ditch, sideswiping another vehicle, sustaining damage from a pot hole and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability car insurance – This coverage will cover damage that occurs to other’s property or people in an accident. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage pays for claims such as attorney fees, repair costs for stationary objects, funeral expenses, court costs and emergency aid. How much coverage you buy is a personal decision, but buy as much as you can afford.

Comprehensive protection – This covers damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as fire damage, falling objects and hitting a bird. The maximum payout your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Affordable insurance is out there

Affordable 1991 Mercedes-Benz 420-Class insurance is attainable from both online companies as well as from independent agents, so you need to shop car insurance with both to get a complete price analysis. Some companies do not provide the ability to get quotes online and usually these small insurance companies only sell coverage through independent insurance agents.

As you quote car insurance, never skimp on critical coverages to save a buck or two. In many cases, an insured cut uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. The proper strategy is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Insureds switch companies for a variety of reasons including delays in paying claims, being labeled a high risk driver, delays in responding to claim requests and unfair underwriting practices. Whatever your reason, finding the right insurance coverage provider is not as hard as you think.

For more information, take a look at the articles below:

• Side Impact Crash Tests (iihs.org)
• How to Avoid Common Accidents (State Farm)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Should I Buy a New or Used Car? (Allstate)
• Collision Coverage (Liberty Mutual)
• Rental Reimbursement Coverage (Allstate)