9 Discounts Consumers Forget when Buying Insurance Online for a Mercedes-Benz S430

Feeling guilty for buying high-priced auto insurance? Believe me, you’re not alone. Vehicle owners have many insurers to buy insurance from, and although it’s a good thing to have a choice, more choices can make it harder to compare rates.

It is always a good idea to get comparison quotes yearly because auto insurance prices change frequently. If you had the best deal for S430 insurance a couple years back there may be better deals available now. Forget anything you know (or think you know) about auto insurance because I’m going to let you in on the secrets to how to use online quotes to eliminate unnecessary coverages and save money.

Pricing the best protection can be fairly easy. In a nutshell, anyone who is required by state law to have auto insurance should be able to find lower rates. But car owners do need to learn how big insurance companies sell insurance online.

Compare auto insurance price quotes

When shopping for auto insurance there are multiple ways of comparing rates from lots of auto insurance companies. The best method to lower the rate you pay for insurance is to use the internet to compare rates. It’s really quite simple and can be done in a couple of different ways.

The simplest way to find the lowest comparison rates is to use a rate comparison form like this one (opens in new window). This quick form prevents you from having to do a different quote for each company you want a rate for. One form submission gets you price quotes from multiple low-cost companies.

A slightly less efficient method to compare prices is going to each company’s website to complete a price quote. For sake of this example, let’s say you want to compare Liberty Mutual, Progressive and GMAC. To get rate quotes you would need to visit each site to enter the same coverage data repeatedly, which can get rather old. For a list of links to insurance companies in your area, click here.

The most time-consuming method of getting rate comparisons to each insurance agency near you. The internet eliminates the need for an insurance agent unless you have a complicated situation and need the extra assistance only provided by licensed agents. Although, it is possible price shop your coverage online and get advice from an agent in your area.

It doesn’t matter which method you choose, just be sure you’re using identical information for every quote you compare. If you use different deductibles it will be impossible to make a fair comparison for your Mercedes-Benz S430. Just a small difference in insurance coverages or limits may cause a big price difference. Keep in mind that comparing a large number of companies helps locate the best price. Not every company allows you to get online price quotes, so it’s recommended that you also compare quotes on coverage from those companies, too.

These nine discounts can lower your auto insurance rates

Car insurance can cost a lot, but there could be significant discounts that many people don’t even know exist. Some discounts apply automatically at the time you complete a quote, but a few need to be specifically requested before you get the savings.

• Defensive Driver – Completing a course teaching defensive driver skills could possibly earn you a 5% discount and also improve your driving technique.
• Savings for New Vehicles – Insuring a vehicle that is new can save up to 30% because new model year vehicles have to meet stringent safety requirements.
• ABS Braking Discount – Cars, trucks, and SUVs equipped with ABS or steering control prevent accidents and will save you 10% or more.
• Renewal Discounts – A few larger companies offer discounts for switching to them before your current expiration date. It can save you around 10%.
• Payment Method – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
• Home Ownership Discount – Just owning your own home can save you money because owning a home is proof of financial responsibility.
• Paperless Signup – A handful of larger companies will give you a small discount for buying your policy digitally online.
• Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and will qualify for a discount on a .
• Discounts for Government Workers – Having worked for a branch of the government may qualify for a discount when you for S430 insurance depending on your auto insurance provider.

Discounts lower rates, but most discount credits are not given to your bottom line cost. Most cut the cost of specific coverages such as medical payments or collision. Even though the math looks like all those discounts means the company will pay you, company stockholders wouldn’t be very happy. Any qualifying discounts will lower the amount you pay for coverage.

To see a list of providers that offer many of these discounts, click here.

When should I contact a local insurance agent?

Some people would prefer to get professional advice from a licensed agent and often times that is recommended One of the great benefits of comparing auto insurance online is that drivers can save money and get cheap auto insurance quotes and still buy from a local agent. Supporting local insurance agents is especially important in small towns.

To make it easy to find an agent, after completing this quick form, your insurance coverage information is transmitted to local insurance agents who will gladly provide quotes for your auto insurance coverage. It’s much easier because you don’t need to search for any insurance agencies as quotes are delivered directly to your email. You can find lower rates AND a local agent. If you wish to compare prices from a specific auto insurance provider, don’t hesitate to visit that company’s website and complete a quote there.

In order to select an agent near you, find a local auto insurance agent.

Choosing a provider should depend on more than just a low price. The following questions are important to ask.

• Is every driver in your family covered?
• Are they involved in claim handling?
• Does the agent have professional designations like CIC, CPCU or AIC?
• Are they giving you every discount you deserve?
• Do clients work directly with the agent or are most inquiries handled by a CSR?

After receiving answers to your satisfaction to these questions in addition to an acceptable price estimate, you may have just found an provider that meets your needs to insure your vehicles. Just remember you can always terminate your policy whenever you wish so never assume you are locked into any specific company for any length of time.

Auto insurance coverage options for a Mercedes-Benz S430

Knowing the specifics of auto insurance aids in choosing appropriate coverage for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most auto insurance policies.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like hospital visits, nursing services, funeral costs and ambulance fees. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz S430.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually these limits are set the same as your liablity limits.

Auto liability

Liability insurance will cover damage that occurs to a person or their property in an accident. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers claims like emergency aid, loss of income, medical services and medical expenses. How much liability should you purchase? That is a personal decision, but buy as high a limit as you can afford.

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, hitting a deer and a tree branch falling on your vehicle. The most you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like colliding with a tree, damaging your car on a curb, backing into a parked car and scraping a guard rail. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to get cheaper collision coverage.

Don’t give up on lower rates

We just presented many ideas to reduce Mercedes-Benz S430 insurance prices online. It’s most important to understand that the more you , the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from a small local company. They may have significantly lower rates on certain market segments than the large multi-state companies such as Allstate, GEICO and Progressive.

More affordable auto insurance can be sourced on the web and from local agencies, so you need to with both to get a complete price analysis. There are still a few companies who may not provide price quotes online and usually these smaller companies work with local independent agencies.