How to Get the Best Price When Insuring Your Mercedes-Benz 350SD

Being forced to pay for overpriced auto insurance premiums can eat up your family’s budget and put a big crunch on your finances. Doing a rate comparison is free, only takes a few minutes, and is a good way to reduce premiums and put more money in your pocket.

Many insurers compete for your insurance dollar, and because of this it can be hard to compare insurance companies to discover the definitive best rate

Cutting your auto insurance rates is pretty simple and can save money. You just have to take the time comparing rate quotes to find. It’s super easy and can be done by following the guidelines below.

Experts agree that the best way consumers can analyze rates is a comparison rater form click to view form in new window. This quick form eliminates the need for separate quotation requests for every company. One form gets prices estimates from multiple companies.

A harder way to compare prices is to take the time to go to the website for every company you want to comare and repeat the quote process. For instance, let’s say you need rates from Allstate, Liberty Mutual and American Family. To get each rate you have to spend time going to each site individually and repeatedly enter your information, which can be really labor intensive. For a handy list of car insurance company links in your area, click here.

It’s up to you how you get prices quotes, just make darn sure you compare equivalent coverage data for every quote you compare. If each company quotes different limits and deductibles on each one you will not be able to make an equal comparison.

Slick advertising tricks that work

Consumers can’t escape the ads for auto insurance savings by companies like State Farm, GEICO and Progressive. They all make an identical promise that you’ll save big if you move your coverage to them.

How does every company charge lower premium rates? Here is the trick they use.

All the different companies quote their cheapest rates for the type of customer that earns them the highest profit. One example of a preferred risk might be a married female, has few claims, and drives less than 7,500 miles a year. A customer getting a price quote who meets those qualifications receive the lowest rate quotes and most likely will save some money.

Insureds who fall short of these criteria will be charged a more expensive rate which leads to the customer not purchasing. The trick is to say “drivers that switch” not “everyone who quotes” save that kind of money. That’s why insurance companies can state the savings.

Because each company has a different risk profile, it is so important to do a price quote comparison at every renewal. Because you never know the company that will provide you with the cheapest car insurance rates.

Reduce Insurance Rates with These Tips

Consumers need to have an understanding of the factors that help calculate your policy premiums. If you know what impacts premium levels, this enables informed choices that may result in lower premium levels. Multiple criteria are part of the equation when quoting car insurance. Most are fairly basic such as your driving record, but other factors are more obscure like your vehicle usage or how safe your car is.

The itemized list below are just a few of the factors that factor into prices.

• Gender matters – The statistics show that men are more aggressive behind the wheel. Now that doesn’t mean males are worse at driving than females. Both genders are responsible for accidents in similar percentages, but males get into accidents with more damage. Men also statistically receive more costly citations such as driving while intoxicated (DWI) or driving recklessly.
• With age comes lower costs – Older insureds are more cautious drivers, statistically cause fewer accidents , and are generally more financially stable.Teenage drivers tend to be inattentive and easily distracted in a vehicle and because of this, their auto insurance rates are much higher.
• Better rates with anti-theft devices – Selecting a car model with an alarm system can get you a discount on your auto insurance. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart vehicle theft.
• Affects performance affects premiums – The performance level of the car, truck or SUV you own makes a big difference in your premium level. The lowest rates are generally reserved for the lowest performance passenger vehicles, but the final cost of insurance is determined by many other factors. Due to the fact that the Mercedes-Benz 350SD is considered a luxury sedan, rates will be more when compared to the average rates.

Slash your auto insurance rates with discounts

Companies do not list every possible discount very clearly, so the following list contains both well-publicized and also the lesser-known credits that you can use to lower your rates.

• Early Renewal Discounts – Some insurance companies provide a discount for buying a policy before your current policy expires. It can save you around 10%.
• Government Employee Discount – Active or retired federal employment can earn a discount up to 10% on 350SD insurance with some auto insurance companies.
• Onboard Data Collection – Drivers who agree to allow their company to monitor driving manner through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if they show good driving skills.
• Homeowners Pay Less – Owning a house may earn you a small savings due to the fact that maintaining a home means you have a higher level of financial diligence.
• Professional Memberships – Being a member of a civic or occupational organization can get you a small discount on your next renewal.
• Senior Discount – If you qualify as a senior citizen, you could receive better auto insurance rates on 350SD insurance.
• Driver Training Discounts – Successfully completing a course that instructs on driving safety could cut 5% off your bill and make you a better driver.

Keep in mind that most discount credits are not given to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Even though it appears you could get a free auto insurance policy, companies don’t profit that way. But any discount will lower your policy cost.

A list of auto insurance companies and their possible discounts include:

• State Farm has discounts for driver’s education, multiple policy, passive restraint, Drive Safe & Save, Steer Clear safe driver discount, and anti-theft.
• GEICO offers discounts including membership and employees, emergency military deployment, five-year accident-free, defensive driver, seat belt use, military active duty, and anti-lock brakes.
• Progressive may offer discounts for multi-policy, multi-vehicle, homeowner, online signing, and online quote discount.
• 21st Century may have discounts that include anti-lock brakes, early bird, 55 and older, air bags, and student driver.
• American Family may include discounts for TimeAway discount, air bags, Steer into Savings, accident-free, early bird, good driver, and bundled insurance.
• The Hartford discounts include vehicle fuel type, driver training, good student, bundle, air bag, and defensive driver.
• AAA offers discounts for multi-car, multi-policy, good student, AAA membership discount, good driver, anti-theft, and pay-in-full.

Before you buy a policy, ask all companies you are considering how many discounts you can get. Some discounts might not be offered in every state.

Persistence pays off

Lower-priced auto insurance is definitely available from both online companies and also from your neighborhood agents, so you should compare both to have the best selection. A few companies may not offer internet price quotes and these small, regional companies work with independent insurance agencies.

We’ve covered a lot of tips how to lower your Mercedes-Benz 350SD insurance car insurance rates. The most important thing to understand is the more providers you compare, the better likelihood of getting . You may be surprised to find that the most savings is with a small mutual company. They can often provide lower premium rates in certain areas compared to the large companies like State Farm, GEICO and Nationwide.