Six Minute Guide for Finding the Best Mercedes-Benz 420SEL Insurance

Are you sick and tired of not being able to afford to insure your Mercedes-Benz every month? You’re in the same situation as the majority of other car owners. Because there are so many insurance providers from which to choose, it can be hard to pick the best insurance company.

The purpose of this post is to familiarize you with the most effective way to quote insurance. If you currently have car insurance, you will most likely be able to reduce your rates substantially using these techniques. Drivers only need to know the proper methods to get comparison quotes on the web.

Compare the Market for Auto Insurance

Finding cheaper auto insurance prices can be quick and easy. You just need to take a few minutes getting comparison quotes online with multiple companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

The first (and easiest) way to find the lowest comparison rates is to use a rate comparison form click here to open form in new window. This form keeps you from doing separate quote forms for every auto insurance company. A single, simple form will get you price quotes from multiple companies.

A less efficient way to shop for auto insurance online is spending the time to visit the website of each company and complete a new quote form. For examples sake, we’ll assume you want rates from Allstate, GEICO and State Farm. To find out each rate you need to take the time to go to each site and enter your information, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

The most time-consuming method of getting rate comparisons is to waste gas driving to insurance agents’ offices. The internet can eliminate the need for a local agent unless you want the trained guidance that only a license agent can provide. However, consumers can comparison shop online and still use a local agent and we’ll touch on that later.

Whichever method you choose, compare identical coverages on every quote. If you use different values for each quote it will be impossible to truly determine the lowest rate.

Do drivers who switch really save?

Consumers can’t ignore all the ads for cheaper car insurance by companies like Progressive, GEICO, Allstate and State Farm. All the ads make an identical promise of big savings if you switch to them.

But how can every company claim to save you money?

All companies have a certain “appetite” for the driver that earns them a profit. An example of a desirable insured might be over the age of 50, has no prior claims, and has great credit. A customer getting a price quote who matches those parameters will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.

Potential customers who fall outside the requirements must pay a higher premium which leads to business going elsewhere. The ad wording is “drivers who switch” not “people who quote” save that kind of money. This is how insurance companies can confidently advertise the way they do.

This illustrates why you absolutely need to get as many comparisons as possible. Because you never know the company that will provide you with the cheapest rates.

Mercedes-Benz 420SEL rates are made up of many parts

Consumers need to have an understanding of the rating factors that come into play when calculating your auto insurance rates. Having a good understanding of what determines base rates helps enable you to make changes that could result in lower auto insurance prices.

The list below includes some of the items that factor into premiums.

• Policy add-ons can waste money – There are many extra coverages you can purchase when buying auto insurance. Coverages like vanishing deductibles, better glass coverage and term life insurance may be costing you every month. These coverages may sound good at first, but if they’re wasting money get rid of them and save.
• Type of vehicle determines base rates – The performance of the vehicle you drive makes a big difference in your rates. The lowest rates tend to be for lower performance four cylinder passenger vehicles, but the final cost of insurance is determined by many other factors. Because the Mercedes-Benz 420SEL is considered a luxury sedan, insuring your vehicle will cost more when compared to the average rates.
• With age comes lower rates – Teenage drivers are statistically proven to get distracted easily when driving so they pay higher auto insurance rates. Adding a young driver onto your auto insurance can be very expensive. More mature drivers are more responsible, statistically cause fewer accidents and get fewer tickets.
• Your location is important – Residing in a rural area has it’s advantages when it comes to auto insurance. Drivers who live in large cities have congested traffic and longer commutes to work. Lower population means reduced accidents and a lower car theft rate.
• Never let your coverage lapse – Letting your insurance expire will be a fast way to increase your auto insurance rates. And not only will insurance be more expensive, but being ticketed for driving with no insurance will get you a revoked license or a big fine.Then you may be required to submit proof of financial responsibility or a SR-22 with your state DMV.

Don’t miss out on these money-saving discounts

Properly insuring your vehicles can get expensive, but there are discounts available that many people don’t even know exist. Some trigger automatically when you purchase, but lesser-known reductions have to be asked about before they will apply. If they aren’t giving you every credit available, you’re just leaving money on the table.

• Multi-car Discount – Buying coverage for more than one vehicle on one policy could earn a price break for each car.
• College Student – Children who attend school more than 100 miles from home and do not have access to a covered vehicle may qualify for this discount.
• Drivers Education – Require your teen driver to take driver’s ed class in high school.
• Passive Restraints and Air Bags – Cars that have air bags can get savings of 20% or more.
• Military Rewards – Having a deployed family member may qualify for rate reductions.
• Memberships – Being a member of a professional or civic organization could trigger savings on your policy on 420SEL coverage.
• Homeowners Pay Less – Owning a house may earn you a small savings because maintaining a house demonstrates responsibility.
• Safe Drivers – Drivers who don’t get into accidents can pay as much as 50% less on 420SEL coverage than drivers with accidents.

Consumers should know that some credits don’t apply to the entire policy premium. Most only reduce individual premiums such as comprehensive or collision. So when the math indicates it’s possible to get free car insurance, you won’t be that lucky. Any amount of discount will bring down the amount you have to pay.

To see a list of insurance companies with discount auto insurance rates, click here to view.

Will just any policy work for me?

When buying proper insurance coverage for your vehicles, there really is not a perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. These are some specific questions could help you determine if you could use an agent’s help.

• Is my nanny covered when driving my vehicle?
• When should I not file a claim?
• Does my liability insurance cover pulling a trailer or camper?
• Is my cargo covered for damage or theft?
• How can I get high-risk coverage after a DUI?
• How do I file an SR-22 for a DUI in my state?
• Do I need added coverage for expensive stereo equipment?

If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Are insurance agents obsolete?

Certain consumers prefer to get advice from a local agent. Educated insurance agents are trained to spot inefficiencies and help file insurance claims. The biggest benefit of price shopping on the web is that you can obtain better rates and still choose a local agent. And supporting small agencies is especially important if you live in a smaller city or town.

Once you complete this quick form, the coverage information gets sent to agents in your area who will give you bids for your business. There is no reason to visit any agencies as quotes are delivered to your email. How’s that for easy!

Not all car insurance agents are the same

When researching a good insurance agency, there are a couple of types of insurance agents to choose from. agents are classified as either independent or captive. Either one can write coverage properly, but it’s important to know how they are different since it can impact your agent selection.

Independent Agents (or Brokers)

Independent insurance agents are not employed by any specific company but instead can place your coverage with lots of companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, your agent can switch companies and you won’t have to switch agencies.

When comparing rates, you should always contact several independent insurance agents to have the most options to choose from.

Captive Insurance Agents

This type of agents can only write with one company and some examples include Farmers Insurance or State Farm. They are unable to provide prices from multiple companies so keep that in mind. Captives are usually quite knowledgeable on their company’s products which can be an advantage.

For a full directory of insurance agencies, visit this site.

Choosing a car insurance agent needs to be determined by more than just the price. These questions are important to ask:

• Will their companies depreciate repairs to your car based on the mileage?
• Does the agency provide any after hours assistance?
• What are the financial ratings for the companies they represent?
• Who are their largest clients?
• Is vehicle damage repaired with OEM or aftermarket parts?
• Did they already check your driving record and credit reports?

Once you have received reasonable responses as well as a affordable price, chances are good that you have found an auto insurance agent that is a good match to insure your vehicles.

Final considerations

In this article, we presented a lot of tips how to compare Mercedes-Benz 420SEL insurance prices online. It’s most important to understand that the more times you quote, the better chance you’ll have of finding lower rates. Consumers may even find the lowest priced auto insurance comes from a small local company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Progressive and GEICO.

Cheap Mercedes-Benz 420SEL insurance can be bought on the web as well as from independent agents, and you need to comparison shop both to have the best chance of lowering rates. There are still a few companies who don’t offer online price quotes and these small, regional companies work with independent agents.