Lower Your 1998 Mercedes-Benz S-Class Insurance Quotes

Trying to find the cheapest car insurance rates for your Mercedes-Benz S-Class? Finding cheap car insurance can seem to be nearly impossible for drivers who are new to quoting and comparing prices online. You have so many choices that it can quickly become a difficult situation to locate the lowest price.

More discounts mean cheaper premiums

Insurance can be prohibitively expensive, but there may be some discounts that you may not know about. Some discounts will apply when you complete an application, but some must be specifically requested prior to getting the savings. If you check and find you aren’t receiving every discount you qualify for, you are paying more than you should be.

• One Accident Forgiven – This one is not really a discount per se, but a handful of insurance companies will allow you to have one accident before your rates go up if you have no claims for a particular time prior to the accident.
• Discount for Good Grades – Being a good student can get you a discount of up to 25%. Most companies allow this discount up to age 25.
• Multi-line Discount – Select insurance companies reward you with lower prices if you buy some life insurance too.
• Telematics Discount – People who choose to allow their insurance company to monitor driving habits through the use of a telematics system such as In-Drive from State Farm or Allstate’s Drivewise system could save a few bucks if they have good driving habits.
• Switch and Save Discount – A few insurance companies offer discounts for switching to them before your current policy expires. The savings is around 10%.
• Discounts for Multiple Vehicles – Purchasing coverage when you have multiple cars or trucks with one company can get a discount for every vehicle.
• No Claim Discounts – Good drivers with no accidents can save substantially as opposed to policyholders that have many claims.
• Federal Employees – Simply working for the federal government can save as much as 8% for S-Class coverage with certain companies.
• Safety Restraint Discount – Drivers who require all vehicle occupants to wear their seat belts can save 10% or more off the personal injury premium cost.

It’s important to understand that some credits don’t apply to the entire cost. Most cut individual premiums such as medical payments or collision. Despite the fact that it seems like you can get free auto insurance, companies don’t profit that way.

Large insurance companies and some of their more popular discounts can be found below.

• State Farm policyholders can earn discounts including defensive driving training, multiple policy, student away at school, safe vehicle, accident-free, and passive restraint.
• Geico discounts include federal employee, military active duty, good student, anti-theft, membership and employees, seat belt use, and multi-policy.
• Progressive has discounts for homeowner, good student, multi-vehicle, multi-policy, and continuous coverage.
• 21st Century may include discounts for early bird, 55 and older, homeowners, driver training, theft prevention, automatic seat belts, and good student.
• American Family offers discounts for Steer into Savings, accident-free, TimeAway discount, defensive driver, good student, good driver, and bundled insurance.
• The Hartford may have discounts that include defensive driver, anti-theft, driver training, air bag, bundle, vehicle fuel type, and good student.
• AAA includes discounts for pay-in-full, good student, good driver, anti-theft, education and occupation, AAA membership discount, and multi-car.

Double check with every company which discounts they offer. A few discounts may not be offered in your area. To find insurance companies that have a full spectrum of discounts, click here.

The cheapest car insurance

When looking for cheap auto insurance quotes, there are a couple ways to get quotes from local car insurance companies. One of the best ways to compare rates is to jump online and get quotes. It’s really quite simple and can be done in a couple minutes as outlined below.

• The first (and easiest) way to get quotes would be an industry-wide quote request form (click to open form in new window). This type of form prevents you from having to do a different quote for every prospective company. A single, simple form will get you rate comparisons instantly. This is by far the quickest method.
• A harder way to compare prices requires visiting the website for each individual company and repeat the quote process again and again. For example, we’ll assume you want comparison quotes from Progressive, Safeco and State Farm. To find out each rate you need to go to each individual site and type in your information over and over, which is not fast way to get rate quotes.

  To view a list of companies in your area, click here.

• The last way to get comparison rates is to drive around to local insurance agencies. The fact that you can get quotes online can eliminate the need for a local agent unless you prefer the guidance of a licensed agent. If you prefer, some companies allow you to price shop online and have a local agent actually service the policy.

You can use whichever method you prefer to find lower rates, just double check that you are using identical coverage data on every quote. If you use unequal deductibles or liability limits then you won’t be able to truly determine the lowest rate. Slightly different insurance coverages or limits could throw off the whole comparison. It’s important to know that getting more free quotes will increase your chances of finding better pricing.

It’s not one size fits all

When buying coverage, there is no perfect coverage plan. Everyone’s situation is a little different.

For instance, these questions might point out if you would benefit from professional advice.

• Do I have coverage when making deliveries for my home business?
• Is a blown tire covered by insurance?
• Is there coverage for injuries to my pets?
• Will I lose any money if I cancel my policy before it expires?
• Why am I required to buy liability insurance?
• Is my trailer covered?
• Do I need replacement cost coverage on my 1998 Mercedes-Benz S-Class?
• How does medical payments coverage work?
• Where can I find DUI or SR-22 insurance?

If it’s difficult to answer those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Auto insurance coverage information

Knowing the specifics of a car insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement.

Liability insurance

Liability coverage protects you from damages or injuries you inflict on other’s property or people that is your fault. It protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability coverage pays for claims like loss of income, medical expenses and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but buy as large an amount as possible.

Collision coverage

Collision coverage pays for damage to your S-Class from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like colliding with a tree, damaging your car on a curb, hitting a parking meter 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 increase the deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, hitting a deer, theft and falling objects. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Mercedes-Benz S-Class.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as funeral costs, chiropractic care and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. It covers all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

The best insurance company isn’t always the cheapest

Cheap 1998 Mercedes-Benz S-Class insurance can be found on the web as well as from insurance agents, so you should compare both in order to have the best chance of saving money. Some companies do not offer online rate quotes and these smaller providers provide coverage only through local independent agents.

People who switch companies do it for many reasons like high rates after DUI convictions, lack of trust in their agent, extreme rates for teen drivers or not issuing a premium refund. Regardless of your reason, finding a new company is easier than you think.

You just learned a lot of information how to save on 1998 Mercedes-Benz S-Class insurance. The most important thing to understand is the more rate quotes you have, the better your comparison will be. Consumers may even find the biggest savings come from the least-expected company.

For more information, link through to the following helpful articles:

• Vehicle Size and Weight FAQ (iihs.org)
• Senior Drivers (Insurance Information Insitute)
• Credit and Insurance Scores (Insurance Information Insitute)
• Insuring a Leased Car (Insurance Information Insitute)
• Older Driver Statistics (Insurance Information Insitute)
• Driving in Bad Weather (Insurance Information Insitute)