Consumers have many options when looking for affordable Mercedes-Benz S500 insurance. You can either spend your time driving around to get rate comparisons or utilize the internet to find the lowest rates. There is a right way and a wrong way to find auto insurance online so you’re going to learn the absolute fastest way to get price quotes for your Mercedes-Benz and obtain the lowest possible price.
It’s a good idea to get comparison quotes occasionally since insurance rates tend to go up over time. Despite the fact that you may have had the best price for S500 coverage on your last policy there is a good chance you can find better rates now. So forget all the misinformation about auto insurance because you’re going to learn the best methods to reduce your cost while increasing coverage.
Fast and Easy Auto Insurance Quotes
Finding a better price on auto insurance can be surprisingly simple. The only requirement is to spend a few minutes on the computer comparing rates from different insurance companies. This can be done in just a few minutes using one of these methods.
- Probably the best way to find the lowest comparison rates would be an industry-wide quote request form (click to open form in new window). This type of form keeps you from doing separate quotation requests for every auto insurance company. Just one form compares rates from auto insurance companies with the best prices.It’s the quickest way to get rates.
- A more time consuming way to analyze rates is going to each company’s website to complete their respective quote request forms. For instance, let’s assume you want to compare Nationwide, 21st Century and GEICO. To get rate quotes you would need to go to every website and enter your policy data, which is why the first method is more popular.
For a handy list of car insurance company links in your area, click here.
- The least recommended way of getting rate comparisons is to waste gas driving to insurance agents’ offices. Buying insurance online makes this process obsolete unless you require the personal advice of a local agent. You can, however, comparison shop online but still have the advice of a local agent and we’ll cover that in a bit.
Whichever way you use, double check that you are using the exact same coverage limits for every quote you compare. If each company quotes mixed coverages it will be impossible to determine the lowest rate for your Mercedes-Benz S500.
Don’t pay full price with these discounts
Companies offering auto insurance don’t always advertise every available discount very clearly, so here is a list both well-publicized and also the lesser-known auto insurance savings. If you’re not getting every credit you deserve, you are paying more than you should be.
- No Claims – Drivers who don’t have accidents pay much less compared to drivers who are more careless.
- Low Mileage Discounts – Low mileage vehicles could qualify for a substantially lower rate.
- Safety Course Discount – Completing a course teaching defensive driving skills could possibly earn you a 5% discount if your company offers it.
- Pay Upfront and Save – If you pay your entire premium ahead of time instead of making monthly payments you could save up to 5%.
- Paperwork-free – A few companies give back up to $50 for buying your policy on their website.
It’s important to understand that most credits do not apply to all coverage premiums. Some only reduce individual premiums such as collision or personal injury protection. Just because it seems like adding up those discounts means a free policy, you won’t be that lucky.
To choose insurers with the best auto insurance discounts, click here to view.
Online quotes with a local insurance agent
Certain consumers would prefer to talk to a local agent and that is a personal choice. Educated insurance agents can help determine the best coverages and help you file claims. The biggest benefit of getting online price quotes is that you can obtain the best rates but still work with a licensed agent.
After filling out this form (opens in new window), your insurance coverage information gets sent to local insurance agents who will give you bids for your coverage. You never need to drive around as quotes are delivered directly to your email. It doesn’t get any easier!
Selecting an provider requires more thought than just the bottom line cost. Ask your prospective agent these questions:
- What is the agency’s Better Business Bureau rating?
- Do they regularly work with personal auto policies?
- How long have they worked with personal auto insurance coverage?
- How much will you save each year by using a higher deductible?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Is the agency involved in supporting local community causes?
- Who is covered by the car insurance policy?
Two different types of insurance agencies
When finding a good insurance agent, there are two different agency structures from which to choose. Agencies are classified as either independent or captive. While both can properly insure your vehicles, but it’s worth mentioning the difference between them because it can influence your agent selection.
Agency Captives
Captive insurance agents work for only one company like American Family, Liberty Mutual and AAA. They usually cannot shop your coverage around so it’s a take it or leave it situation. These agents are very knowledgeable on their products and sales techniques which helps them compete with independent agents. Consumers sometimes buy insurance from these agents mainly due to the brand legacy and strong financial ratings.
Independent Agencies or Brokers
Independent agents do not work for one specific company but instead can place your coverage with any number of different companies and possibly get better coverage at lower prices. To transfer your coverage to a different company, they simply move the coverage in-house and you won’t have to switch agencies.
When shopping rates, it’s a good idea to include at least one independent agent for maximum quote selection.Many can place coverage with smaller companies which can save you money.
For a full directory of agents, visit this site.
After receiving satisfactory answers to all your questions in addition to an acceptable price estimate, you may have just found an insurance agency that meets your needs to properly insure your vehicles.
Online plus local equals savings
People who switch companies do it for a number of reasons such as unfair underwriting practices, poor customer service, high rates after DUI convictions or even being labeled a high risk driver. It doesn’t matter why you want to switch finding a new company can be easy and end up saving you some money.
Cheaper Mercedes-Benz S500 insurance can be purchased both online and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis. There are still a few companies who may not provide online quoting and these small insurance companies work with independent agents.
As you shop your coverage around, it’s a bad idea to sacrifice coverage to reduce premiums. Too many times, an insured dropped physical damage coverage only to regret at claim time that it was a big mistake. Your aim should be to purchase plenty of coverage at an affordable rate while not skimping on critical coverages.
