Trying to find low-cost insurance for a Mercedes-Benz R350 can normally be a lot of work, but you can learn these tips to find lower rates.
There are both good and bad ways to shop for auto insurance and you need to know the proper way to compare rates for a Mercedes-Benz and obtain the lowest possible price either online or from local insurance agents.
The quickest method to compare rate quotes is to know auto insurance companies participate in a system to give you rate quotes. To begin a comparison, all you need to do is take a few minutes to give details like what you do for a living, how many miles driven, if the vehicle is leased, and if a SR-22 is required. That information is submitted instantly to many of the top insurers and you will receive price estimates very quickly.
If you would like to start a quote now, click here and enter the information requested.
Auto insurance discounts are available to cut your rates
Some providers don’t always publicize all disounts in an easy-to-find place, so the following list contains some of the more common as well as the least known discounts that you may qualify for.
- Seat Belt Usage – Drivers who require all vehicle occupants to buckle up before driving could save 15% on the medical payments or PIP coverage costs.
- Paperwork-free – Some larger companies provide a small discount on your computer.
- Discounts for Multiple Vehicles – Purchasing coverage when you have several vehicles on a single policy can reduce rates for all insured vehicles.
- Good Drivers – Drivers who don’t get into accidents can save up to 40% or more on their for R350 coverage as compared to drivers with claims.
- No Accidents – Insureds with no claims or accidents pay much less in comparison to policyholders that have many claims.
Please keep in mind that most discount credits are not given to all coverage premiums. Most only cut specific coverage prices like comp or med pay. So even though they make it sound like you could get a free auto insurance policy, auto insurance companies aren’t that generous.
Large auto insurance companies and their offered discounts are detailed below.
- Farm Bureau offers discounts including safe driver, 55 and retired, good student, driver training, multi-policy, multi-vehicle, and renewal discount.
- Liberty Mutual includes discounts for safety features, good student, hybrid vehicle, newly retired, and teen driver discount.
- State Farm offers discounts for Drive Safe & Save, student away at school, anti-theft, good student, safe vehicle, defensive driving training, and multiple policy.
- Auto-Owners Insurance has discounts for teen driver, good student, multi-policy, paperless, and company car.
- GEICO may have discounts that include five-year accident-free, anti-theft, emergency military deployment, federal employee, and driver training.
- SAFECO offers premium reductions for accident prevention training, anti-theft, homeowner, bundle discounts, teen safety rewards, anti-lock brakes, and drive less.
If you need lower rates, check with each company to give you their best rates. Some discounts listed above may not be offered in your area. For a list of companies with the best discounts, click here to view.
Don’t I need to contact an insurance agent?
A small number of people prefer to get professional advice from a licensed agent and there is nothing wrong with that. Professional agents can help you build your policy and help submit paperwork. An additional benefit of getting free rate quotes online is that drivers can save money and get cheaper premium rates and still buy from a local agent. Buying insurance from local insurance agents is important particularly in smaller communities.
To find an agent, once you fill out this form (opens in new window), the quote information is emailed to insurance agents who will give competitive quotes and help you find cheaper coverage. You never need to drive around because prices are sent instantly to you. If you wish to get a comparison quote for a specific company, you can always search and find their rate quote page and give them your coverage information.
When finding a good insurance agency, you must know there are a couple different types of agents and how they are distinctly different. Agencies are classified as either captive or independent (non-captive). Either can insure your vehicles, but we need to point out why they differ because it can influence buying decisions.
Independent Auto Insurance Agencies
Agents in the independent channel do not sell for just one brand so they can quote policies with lots of companies depending on which coverage is best. If they find a lower price, they simply switch companies in-house which requires no work on your part.
If you need lower rates, we highly recommend that you get insurance quotes from multiple independent agents to ensure the widest selection of prices. Most also write with companies you’ve never heard of which could offer lower prices.
Captive Insurance Agents
Captive insurance agents can only provide pricing for a single company and some examples include Allstate, Farmers Insurance, State Farm, and AAA. These agents are unable to give you multiple price quotes so they really need to provide good service. They are well schooled on what they offer which helps them sell on service rather than price. Some insured continue to buy insurance from these agents primarily because of the prominence of the brand and the convenience of having all coverages with one company.
To choose from agencies near you, see this full listing of auto insurance agencies.
Choosing an auto insurance agent should include more criteria than just the premium amount. Any agent should be forthright in answering these questions:
- Has the agent ever had any license suspensions?
- When do they do a full risk review?
- Are aftermarket or OEM parts used to repair vehicles?
- Do they assist clients in filing claims?
- Who is covered by the car insurance policy?
- What will you get paid if your car is a total loss? How is that amount determined?
How do Insurers Determine Mercedes-Benz R350 Insurance Costs?
When buying auto insurance it’s important to understand the rating factors that go into determining auto insurance rates. If you know what determines premiums, this empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
- Deter theft and save money – Owning a car with advanced anti-theft systems can save you a little every year. Theft prevention features such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft and help lower rates.
- Safer occupants lowers premiums – Safe vehicles cost less to insure. Safe vehicles reduce occupant injuries and lower rates of occupant injuries translates into savings for insurance companies which can mean better rates for you.
- Single drivers take more risk – Your spouse can get you a discount on your auto insurance policy. Marriage translates into being less irresponsible and statistics prove married couples file fewer claims.
- Adjust comp and collision deductibles and save – Your deductibles are the amount of money you are willing to pay out-of-pocket in the event of a claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims are colliding with a stationary object, fire damage, and having a roll-over accident. The higher the amount you have to pay, the bigger discount you will receive for R350 coverage.
Is there truth in advertising?
Consumers constantly see and hear ads for cheaper auto insurance from the likes of Progressive, GEICO, Allstate and State Farm. They all seem to convey the message that drivers can save some big amount if you get a free and switch to them.
How does every company sell you cheaper insurance coverage? You have to listen carefully.
Most companies offer their best rates for the type of customer that is profitable for them. For example, a preferred risk could be between the ages of 30 and 45, insures multiple vehicles, and drives newer vehicles. Any person that meets those criteria receive the lowest rate quotes and will save quite a bit of money when switching.
Potential insureds who are not a match for this stringent profile will have to pay a higher rate which usually ends up with the customer not buying. If you pay close attention to the ads, they say “customers who switch” not “everyone that quotes” save that kind of money. This is how insurance companies can lure you into getting a quote.
This emphasizes why you really should compare as many as you can. It’s just too difficult to predict which company will be your best fit.
Do the work, save more money
Some auto insurance companies may not have the ability to get quotes online and these smaller providers sell through independent insurance agents. Cheaper auto insurance can be sourced from both online companies as well as from independent agents, so compare prices from both to have the best rate selection.
When you , it’s not a good idea to buy lower coverage limits just to save a few bucks. In many cases, drivers have reduced liability limits or collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage for the lowest price, not the least amount of coverage.
In this article, we presented a lot of techniques to reduce Mercedes-Benz R350 insurance rates online. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding . You may even discover the lowest rates are with an unexpected company.
