1997 Mercedes-Benz S-Class Insurance Rates – 6 Savings Tips

Want better insurance rates for your Mercedes-Benz S-Class? Expensive insurance can drain your personal savings and put the squeeze on your family’s finances. Comparison shopping is a great way to lower your monthly bill. Popular companies such as Progressive, Geico and Farmers Insurance continually bombard you with catchy ads and it can be hard to ignore the propoganda and effectively compare rates to find the best deal.

You should make it a habit to take a look at other company’s rates every six months because rates fluctuate regularly. Just because you found the best deal on S-Class insurance last year you can probably find a better price now. Don’t believe everything you read about insurance on the web, but we’re going to give you a bunch of ideas how to stop overpaying for insurance.

Do you qualify for a discount?

Car insurance companies don’t always list all available discounts in a way that’s easy to find, so we break down some of the more common as well as the least known discounts you could be receiving. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Sign Online – Certain companies will give a small break just for signing your application digitally online.
  • Military Rewards – Having a deployed family member could mean lower rates.
  • Defensive Driver – Successfully completing a defensive driving course could save 5% or more if your company offers it.
  • Use Seat Belts – Drivers who require all occupants to buckle their seat belts can save 10% or more off the personal injury premium cost.
  • Clubs and Organizations – Participating in a professional or civic organization is a good way to get lower rates on car insurance on S-Class insurance.
  • Distant Student – Youth drivers who are attending college and do not have a car may qualify for this discount.

It’s important to understand that some of the credits will not apply to all coverage premiums. Some only apply to the cost of specific coverages such as medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, companies wouldn’t make money that way.

Companies that possibly offer these money-saving discounts may include but are not limited to:

Before buying, ask each insurance company what discounts are available to you. All car insurance discounts might not apply in your state.

What coverages do I need?

When choosing coverage, there is no cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine whether you may require specific advice.

  • Is a new car covered when I drive it off the dealer lot?
  • What can I do if my company won’t pay a claim?
  • What is UM/UIM insurance?
  • Do I need PIP (personal injury protection) coverage in my state?
  • Do I benefit by insuring my home with the same company?
  • Do I have any recourse if my insurance company denies a claim?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

Drivers who switch save $407 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings from the likes of Allstate, Geico and Progressive. All the companies make the same claim of big savings if you move your coverage to them.

How can each company make the same claim? This is how they do it.

Different companies are able to cherry pick for the type of driver that is profitable for them. An example of a desirable insured could be over the age of 40, has no driving citations, and drives less than 7,500 miles a year. A propective insured who meets those qualifications is entitled to the best price and therefore will pay quite a bit less when switching companies.

Potential insureds who don’t qualify for the “perfect” profile must pay higher rates and this can result in business going elsewhere. The ad wording is “customers who switch” but not “drivers who get quotes” save that kind of money. That’s why companies can truthfully make those claims. This illustrates why you need to get quotes from several different companies. It’s just too difficult to predict the company that will have the lowest Mercedes-Benz S-Class insurance rates.

Insurance specifics

Having a good grasp of your policy can help you determine which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. Below you’ll find typical coverage types available from insurance companies.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills for things like chiropractic care, EMT expenses and funeral costs. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive coverage

This will pay to fix damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as a tree branch falling on your vehicle, damage from a tornado or hurricane, vandalism and rock chips in glass. The maximum amount 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.

Coverage for liability

Liability coverage protects you from damages or injuries you inflict on people or other property. This coverage protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property.

Liability can pay for things such as medical expenses, bail bonds and court costs. How much liability should you purchase? That is a decision to put some thought into, but consider buying higher limits if possible.

Collision protection

Collision coverage will pay to fix damage to your S-Class resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like backing into a parked car, hitting a parking meter and crashing into a ditch. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your 1997 Mercedes-Benz S-Class.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important.

Save your hard earned cash

Cost effective 1997 Mercedes-Benz S-Class insurance can be found on the web as well as from independent agents, and you should compare price quotes from both so you have a total pricing picture. Some companies don’t offer you the ability to get quotes online and many times these smaller companies only sell through independent insurance agents.

As you shop your coverage around, make sure you don’t buy lower coverage limits just to save a few bucks. In many cases, someone dropped physical damage coverage and learned later that the savings was not a smart move. Your aim should be to find the BEST coverage at an affordable rate while still protecting your assets.

In this article, we covered quite a bit of information on how to reduce insurance prices online. It’s most important to understand that the more price quotes you have, the better your comparison will be. Consumers could even find that the lowest rates come from a small mutual company. Some small companies can often insure niche markets at a lower cost compared to the large companies like Allstate or State Farm.

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