2008 Mercedes-Benz S-Class Car Insurance Quotes

Trying to find the cheapest auto insurance rates for your Mercedes-Benz S-Class? Sick and tired of trying to scrape together enough money to pay your car insurance bill each month? You are in the same boat as many other drivers. Lots of insurance companies contend for your insurance dollar, so it can be very hard to choose a company to get the best rate

You should take the time to shop coverage around yearly since insurance rates are usually higher with each renewal. Even if you got the lowest rates on S-Class insurance on your last policy the chances are good that you can find a lower rate today. There is a lot of wrong information about auto insurance on the web, but by reading this article, you’re going to learn a bunch of ideas how to slash your auto insurance rates.

These factors can influence what you pay for Mercedes-Benz S-Class insurance

Consumers need to have an understanding of some of the elements that come into play when calculating the price you pay for auto insurance. Knowing what controls the rates you pay helps enable you to make changes that will entitle you to much lower annual insurance costs.

The list below includes some of the factors that factor into prices.

  • Drive less and save money – The higher the mileage driven in a year the more you’ll pay to insure your vehicle. Almost all companies rate vehicles based on how the vehicle is used. Vehicles left parked in the garage qualify for better rates compared to those used for work or business. Make sure your auto insurance declarations sheet is showing the correct usage for each vehicle. Incorrect usage on your S-Class can result in significantly higher rates.
  • A lapse in coverage is a bad thing – Driving without insurance is illegal and your next policy will cost more because you let your coverage lapse. Not only will rates go up, getting caught without coverage will get you a revoked license or a big fine.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state department of motor vehicles.
  • Too many auto insurance claims drive up costs – If you tend to file frequent claims, you can look forward to higher rates. Auto insurance companies give better rates to drivers who do not file claims often. Insurance coverage is intended for larger claims.
  • Protect your assets with liability insurance – Your policy’s liability coverage is the protection if you are found liable for damages caused by your negligence. Liability provides you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • How many coverages with the same company – Most insurance companies will give a discount to insureds who consolidate policies with them, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to shop around to verify if the discount is saving money.
  • Rural vs Urban Areas – Living in a rural area has it’s advantages when buying auto insurance. Urban drivers have to deal with congested traffic and longer commutes to work. Fewer people translates into fewer accidents.

Get lower rates on Mercedes-Benz S-Class insurance

Insurance can cost an arm and a leg, but there could be available discounts that you may not know about. Larger premium reductions will be automatically applied when you quote, but lesser-known reductions have to be asked for prior to receiving the credit. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Drive Safe and Save – Drivers who avoid accidents can pay as much as 50% less on S-Class insurance than their less cautious counterparts.
  • Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • 55 and Retired – Mature drivers may receive reduced rates on S-Class insurance.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Mercedes-Benz could be rewarded with better rates on cars that stay parked.
  • Club Memberships – Being a member of a civic or occupational organization could qualify you for a break when buying car insurance on S-Class insurance.
  • Defensive Driving Course – Taking a driver safety course could save 5% or more if you qualify.
  • Use Seat Belts – Drivers who require all occupants to use a seat belt could save 15% off your medical payments premium.
  • Accident Free – Drivers with accident-free driving histories can earn big discounts as compared to bad drivers.

Keep in mind that some of the credits will not apply to the entire cost. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, it just doesn’t work that way. Any qualifying discounts will reduce your premiums.

A partial list of companies that may have these money-saving discounts are:

It’s a good idea to ask each company which discounts you may be entitled to. Some discounts might not apply in your area.

How can Geico, State Farm and Progressive save drivers who switch?

Drivers can’t ignore all the ads for car insurance savings from companies such as Geico, State Farm and Progressive. All the ads have a common claim of big savings if you switch your policy.

But how can every company say the same thing?

Insurance companies have a preferred profile for the driver that is profitable for them. For example, a preferred risk could be between the ages of 30 and 50, owns a home, and has a short commute. A customer that hits that “sweet spot” will qualify for the lowest rates and as a result will probably pay quite a bit less when switching companies.

Consumers who do not match these standards will be quoted a higher premium which usually ends up with the driver buying from a lower-cost company. The ad wording is “customers that switch” but not “drivers who get quotes” save that kind of money. That is how companies can advertise the way they do.

This emphasizes why drivers must get quotes from several different companies. It’s impossible to know the company that will give you the biggest savings on Mercedes-Benz S-Class insurance.

Tailor your coverage to you

When it comes to buying adequate coverage for your vehicles, there is no cookie cutter policy. Every insured’s situation is different so your insurance needs to address that. These are some specific questions can help discover whether your personal situation might need professional guidance.

  • I have good health insurance, so how much medical payments coverage do I need?
  • Why do I only qualify for high-risk insurance?
  • Which companies will insure high-risk drivers?
  • When should I remove comp and collision on my 2008 Mercedes-Benz S-Class?
  • What are the financial responsibility laws in my state?
  • Am I covered if my car is in a flood?
  • Can I still get insurance after a DUI?
  • Do I have newly-aquired coverage?

If you can’t answer these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier It’s fast, free and you can get the answers you need.

Insurance policy coverages for a 2008 Mercedes-Benz S-Class

Learning about specific coverages of your insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the usual coverages found on the average insurance policy.

Medical expense insurance

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like funeral costs, dental work and hospital visits. They are often used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Liability coverage

Liability insurance protects you from injuries or damage you cause to other people or property by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have limits of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as medical services, repair costs for stationary objects, attorney fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and also any damage incurred to your Mercedes-Benz S-Class.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked. Usually these limits do not exceed the liability coverage limits.

Comprehensive (Other than Collision)

This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like falling objects, a broken windshield, damage from getting keyed and theft. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider dropping full coverage.

Auto collision coverage

Collision insurance will pay to fix damage to your S-Class resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like crashing into a building, sideswiping another vehicle and scraping a guard rail. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Be a penny pincher

In this article, we presented many ways to shop for 2008 Mercedes-Benz S-Class insurance online. The key thing to remember is the more quotes you get, the better likelihood of reducing your rate. You may even discover the most savings is with the least-expected company. These smaller insurers often have lower prices on specific markets as compared to the big name companies such as Allstate or State Farm.

When trying to cut insurance costs, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped liability coverage limits and learned later that their decision to reduce coverage ended up costing them more. The aim is to get the best coverage possible at an affordable rate while still protecting your assets.

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