I can’t think of a single person who likes having to buy car insurance, especially knowing they are paying too much. With so many online and local companies to choose from, it can be challenging to find the most cost effective insurance company.
Consumers need to compare prices once or twice a year since insurance rates are variable and change quite frequently. Just because you found the best price for R500 insurance two years ago there is a good chance you can find better rates now. Starting now, forget anything you know (or think you know) about car insurance because you’re going to learn the fastest and easiest way to save on car insurance.
Take advantage of discounts
Car insurance companies don’t always list every discount in a way that’s easy to find, so we took the time to find some of the more common and the more hidden savings tricks you should be using. If you aren’t receiving every discount available, you are throwing money away.
- Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.
- Homeowners Discount – Owning a home can save you money because owning a home requires personal responsibility.
- Defensive Driver – Successfully completing a course in driver safety could possibly earn you a 5% discount if you qualify.
- Passive Restraints and Air Bags – Factory air bags can receive discounts of up to 25% or more.
- Lower Rates for Military – Having a family member in the military can result in better rates.
- Seat Belt Usage – Requiring all passengers to wear their seat belts could save 15% off the personal injury premium cost.
It’s important to understand that most discount credits are not given to the entire cost. Some only apply to the price of certain insurance coverages like comp or med pay. So when it seems like it’s possible to get free car insurance, companies wouldn’t make money that way.
Don’t assume everyone needs the same coverage
When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that can help discover whether you may require specific advice.
- Am I covered when delivering products for my home-based business?
- Do I need roadside assistance coverage?
- Does my insurance cover damage caused when ticketed for reckless driving?
- Will my rates increase for filing one claim?
- Do I have any recourse if my insurance company denies a claim?
- When should I not file a claim?
- Does medical payments coverage apply to all occupants?
- What companies insure drivers after a DUI or DWI?
- Do I qualify for additional discounts?
- Am I covered if I wreck a rental car?
If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.
Online quotes with a local insurance agent
Some consumers would prefer to sit down with an agent and that is OK! Insurance agents are trained to spot inefficiencies and give you peace of mind. The best thing about price shopping on the web is you may find the lowest rates and still have an agent to talk to.
To find an agent, once you fill out this simple form, your coverage information is immediately sent to local insurance agents who will give you bids for your insurance coverage. There is no need to visit any agencies due to the fact that quote results will go directly to your email. Now that’s easy!
Choosing a company requires more thought than just the bottom line cost. These questions are important to ask:
- Do they feel the quoted coverages are adequate?
- Does the agency provide any after hours assistance?
- What will you get paid if your car is a total loss? How is that amount determined?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Are you getting all the discounts the company offers?
- Are they properly licensed to sell insurance in your state?
Compare rates from both independent and captive auto insurance agents
If you’re trying to find a local agent, there are two types of agencies that you can select. Agents are classified as either independent (non-captive) or captive. Either one can properly insure your vehicles, but it’s good to learn how they differ because it can influence your agent selection.
Captive Agents
Captive agencies work for only one company such as AAA, State Farm, Farmers Insurance and Allstate. They usually cannot give you multiple price quotes so keep that in mind. These agents are very knowledgeable in insurance sales which helps them sell insurance even at higher premiums.
Independent Agents (or Brokers)
Independent agents are not locked into one company but rather can write business with any number of different companies depending on which coverage is best. If you are not satisfied with one company, the agent simply finds a different carrier without you having to go to a different agency.
When searching for an agent, we recommend you include price quotes from several independent insurance agents for the best price selection.
To view a complete directory of insurance agents, visit this page.
Once you have satisfactory answers and an affordable coverage quote, chances are good that you have found an auto insurance agent that will service your policy.
Summing up your car insurance search
We just showed you a lot of information how to reduce Mercedes-Benz R500 insurance prices online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the best prices are with a lesser-known regional company. They can often insure niche markets at a lower cost than their larger competitors like Progressive and GEICO.
Discount Mercedes-Benz R500 insurance is attainable both online and also from your neighborhood agents, so compare prices from both to get a complete price analysis. Some companies may not provide online quoting and most of the time these small insurance companies sell through independent agents.
