5 Discounts Drivers Miss when Buying Insurance Online for a Mercedes-Benz S320

Trying to find low-cost insurance for a new or used Mercedes-Benz S320 can normally be a lot of work, but you can follow these tips to make it easier. There is a right way and a wrong way to buy car insurance and you need to know the best way to compare rates for a Mercedes-Benz and locate the best price possible.

Choosing the best insurance company for you is quite easy. If you have a current car insurance policy or are just looking to switch companies, you will benefit by learning to find the best rates and still get good coverage. Drivers only need to know the tricks to get comparison rates online.

Reducing your Mercedes-Benz S320 insurance rates is a fairly straight forward process. All you need to do is spend a few minutes on the computer getting comparison quotes provided by online insurance companies. It’s really simple and can be done using a couple different methods.

Without a doubt, the easiest way to compare a lot of rates at once is an all-inclusive rate comparison click here to open form in new window. This quick form eliminates the need for separate quotes for each company you want a rate for. Taking the time to complete one form gets rate comparisons from several companies. This is by far the quickest method.

A more time consuming way to compare prices is to take the time to go to each individual company website to complete a price quote. For examples sake, let’s assume you want to compare rates from USAA, Allstate and American Family. You would have to take the time to go to each site and enter your policy data, which is why most consumers use the first method.

For a list of links to companies insuring cars in your area, click here.

It’s up to you which method you use, but ensure you’re using exactly the same deductibles and coverage limits for each price quote. If each company quotes different values for each quote it will be nearly impossible to determine which company has the best rates.

Get cheaper car insurance with discounts

The price of auto insurance can be rather high, but you might already qualify for some discounts that you may not even know about. Some trigger automatically at the time you complete a quote, but lesser-known reductions have to be inquired about before they will apply.

• Early Renewal Discounts – A few insurance companies allow discounts for buying a new policy before your current coverage expires. You could save around 10% when you .
• Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
• Clubs and Organizations – Being in a qualifying organization could earn you a nice discount on your next car insurance statement.
• Military Rewards – Being deployed in the military could mean lower rates.
• Own a Home – Owning your own home or condo may earn you a small savings since owning and maintaining a home requires a higher level of personal finance.

One last thing about discounts, many deductions do not apply the the whole policy. Some only reduce specific coverage prices like medical payments or collision. Just because it seems like all the discounts add up to a free policy, companies don’t profit that way.

If you would like to choose from a list of car insurance companies that have a full spectrum of discounts, click this link.

Tailor your car insurance coverage to you

When it comes to choosing the right insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Every insured’s situation is different.

For example, these questions might point out whether or not you might need professional guidance.

• Should I buy only the required minimum liability coverage?
• Do I really need UM/UIM coverage?
• What if I don’t agree with a claim settlement offer?
• Can I afford low physical damage deductibles?
• Can I afford to pay high deductible claims out of pocket?
• Do I have coverage if my license is suspended?
• When should I remove comp and collision on my Mercedes-Benz S320?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an insurance agent. If you don’t have a local agent, complete this form. It only takes a few minutes and can help protect your family.

The coverage is in the details

Knowing the specifics of your policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Collision coverage

This pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as driving through your garage door, backing into a parked car and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. You can also bump up the deductible to save money on collision insurance.

Comprehensive insurance

This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims like theft, hail damage, damage from getting keyed and damage from flooding. The most your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for immediate expenses for surgery, funeral costs, ambulance fees, hospital visits and EMT expenses. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for injuries to you and your family as well as damage to your Mercedes-Benz S320.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage should not be overlooked.

Auto liability

Liability insurance protects you from damage or injury you incur to other’s property or people that is your fault. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as medical services, repair bills for other people’s vehicles, emergency aid and funeral expenses. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Best coverage at the best price

Cheaper car insurance is possible on the web and from local agencies, and you should compare price quotes from both to get a complete price analysis. Some insurance providers may not provide rates over the internet and most of the time these regional carriers prefer to sell through independent agents.

People who switch companies do it for any number of reasons including delays in paying claims, being labeled a high risk driver, high prices or even questionable increases in premium. Whatever your reason, switching companies is not as difficult as it may seem.

When buying insurance coverage, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced physical damage coverage only to regret that it was a big error on their part. The aim is to find the BEST coverage at the best cost but still have enough coverage for asset protection.