Searching for the cheapest insurance for your Mercedes-Benz S320 can turn out to be an all-consuming task, but you can learn our auto insurance buying tips to make it easier. There are more efficient ways to find auto insurance online so we’re going to tell you the proper way to price shop coverage for your Mercedes-Benz and find the cheapest rates from both online companies and local agents.
It’s a great practice to price shop coverage occasionally due to the fact that insurance rates change quite often. Just because you had the best price on S320 insurance two years ago you can probably find a better price now. You’ll find quite a bit of inaccurate information about auto insurance online but by reading this article, you’re going to learn some solid techniques on how to find affordable auto insurance.
Choosing the best insurance company for you is not that difficult. If you have a policy now or are shopping for new coverage, you can use these tips to shop for the lowest rates while maximizing coverage. Drivers just need to know the proper methods to shop their coverage around on the web.
Discounts are available to cut your rates
Car insurance companies don’t always advertise all their discounts very well, so we took the time to find some of the best known and the harder-to-find discounts you could be receiving. If you don’t get every credit available, you’re paying more than you need to.
- Pay Upfront and Save – If paying your policy premium upfront rather than paying monthly you could save 5% or more.
- Multiple Vehicles – Insuring multiple vehicles with the same company could earn a price break for each car.
- Drive Safe and Save – Safe drivers may save up to 50% more on S320 insurance than their less cautious counterparts.
- Sign Early and Save – Some insurance companies reward drivers for buying a policy prior to your current policy expiring. It can save you around 10%.
- Drive Less and Save – Low mileage vehicles can earn discounted rates on garaged vehicles.
- Military Rewards – Being on active duty in the military could mean lower rates.
- New Car Discount – Insuring a new car can be considerably cheaper because new vehicles have to meet stringent safety requirements.
- Homeowners Pay Less – Being a homeowner can help you save on auto insurance due to the fact that maintaining a home requires personal responsibility.
Consumers should know that many deductions do not apply to the entire policy premium. Most only cut the cost of specific coverages such as comp or med pay. So when it seems like it’s possible to get free car insurance, you won’t be that lucky.
To see a list of insurance companies with the best auto insurance discounts, click here to view.
Neighborhood agents for auto insurance
Some people prefer to talk to a local agent and there is nothing wrong with that. Educated insurance agents can help determine the best coverages and help you file claims. One of the best bonuses of price shopping on the web is that you can obtain better rates but also keep your business local.
After completing this quick form, your insurance coverage information is immediately sent to agents in your area who will compete for your business. You never need to leave your house as quotes are delivered immediately to your email address. Now that’s easy!
Choosing an provider should depend on more than just the premium amount. Agents should be asked these questions:
- Is the agent and/or agency licensed to do business in your state?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- Are claims handled at the agent’s location?
- If you are a high risk driver, do they have special markets for your coverage?
- Do they regularly work with personal auto policies?
Is a captive or independent car insurance agent right for you?
When researching a reliable agent, you need to know there are two different types of agents that differ in how they can insure your vehicles. Agents are categorized either captive or independent (non-captive). Both properly insure your vehicles, but it’s good to learn how they are different since it can impact the selection process.
Agency Captives
This type of agents write business for a single company and some examples include AAA, Allstate and State Farm. Captives cannot give you multiple price quotes so they are skilled at selling on more than just price. Captive agencies receive extensive training on the products they sell which helps them sell insurance even at higher premiums. Some people will only buy from captive agents partially due to high brand loyalty and solid financial strength.
Independent Agents (or Brokers)
Independent agencies are not employed by any specific company but rather can write business amongst many companies and possibly get better coverage at lower prices. If your agent finds better pricing, the agent simply finds a different carrier and you won’t have to switch agencies.
When searching for an agent, you should always get quotes from several independent insurance agents to ensure the widest selection of prices. Most have the option of insuring with lesser-known insurance companies who may have lower rates.
For a full directory of insurance agencies, visit this page.
After receiving answers to your satisfaction for all questions you ask and locked in a price quote, it’s possible that you found an insurance agency that meets your needs to properly service your auto insurance policy.
Quote often and quote early
People who switch companies do it for many reasons like high prices, questionable increases in premium, high rates after DUI convictions or poor customer service. It doesn’t matter what your reason, choosing a new insurance company is not as difficult as it may seem.
When shopping online for auto insurance, make sure you don’t reduce coverage to reduce premium. There have been many cases where an insured dropped comprehensive coverage or liability limits to discover at claim time that they should have had better coverage. The proper strategy is to find the BEST coverage at the best price while not skimping on critical coverages.
You just learned a lot of information how to reduce Mercedes-Benz S320 insurance prices online. The key concept to understand is the more you quote, the better your chances of lowering your rates. You may be surprised to find that the lowest premiums are with a smaller regional carrier.
