Are you tired of paying out the nose to insure your Mercedes-Benz every month? Your situation is no different than many other drivers.
Having so many options, it can be diffult for consumers to find the cheapest car insurance company.
More discounts equal less premium
Auto insurance companies do not list every available discount very well, so we researched some of the more common and the more hidden discounts you could be receiving.
- Federal Government Employee – Simply working for the federal government can save as much as 8% for B200 Turbo coverage with certain companies.
- Seat Belts Save more than Lives – Requiring all passengers to wear their seat belts can save up to 15% on the medical payments or PIP coverage costs.
- Homeowners Discount – Owning a home may earn you a small savings because of the fact that having a home requires personal responsibility.
- Drivers Ed for Students – Require your teen driver to complete a driver education course if offered at their school.
- Low Mileage Discounts – Fewer annual miles on your Mercedes-Benz could qualify for lower rates on the low mileage vehicles.
- Save with a New Car – Insuring a new car is cheaper due to better safety requirements for new cars.
- Air Bag Discount – Vehicles equipped with air bags or motorized seat belts can get savings of up to 25% or more.
A little note about advertised discounts, some credits don’t apply to all coverage premiums. Most only apply to individual premiums such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, you won’t be that lucky.
To see a list of insurers who offer car insurance discounts, click here to view.
Free Quotes for Car Insurance
When shopping for car insurance there are multiple ways to compare quotes from car insurance companies in your area. The quickest method to find the lowest Mercedes-Benz B200 Turbo rates is to get quotes online. This is very easy and can be done in a couple of different ways.
One of the best ways to get the best comparison quotes would be an industry-wide quote request form click here to open form in new window. This type of form saves time by eliminating separate quotation requests for each company you want a rate for. A single, simple form will return price quotes from car insurance companies with the best prices.
Another way to compare rate quotes consists of going to each individual company website to complete a price quote. For examples sake, we’ll pretend you want to compare rates from Liberty Mutual, 21st Century and Farmers. You would have to spend time on each company’s site and enter your information, which is why most consumers use the first method.
For a list of links to companies insuring cars in your area, click here.
The hardest way of comparing rate quotes is driving around to different agent offices. Shopping for car insurance online eliminates the need for an insurance agent unless you want the personal advice of a local agent. You can, however, compare the best prices online and get advice from an agent in your area.
However you get your quotes, be sure to compare apples-to-apples quote information for every company. If each company quotes mixed coverages it will be very difficult to decipher which rate is best. Just a small difference in coverages can make a big difference in price. Just remember that having more price comparisons will improve the odds of getting better pricing.
Mercedes-Benz B200 Turbo insurance rates can be determined by these details
Consumers need to have an understanding of some of the elements that come into play when calculating the rates you pay for car insurance. When you know what positively or negatively impacts premium levels enables informed choices that will entitle you to big savings.
The list below includes a few of the “ingredients” car insurance companies consider when setting prices.
- Men fork out a little more – The statistics show women are more cautious behind the wheel. However, don’t assume that women are BETTER drivers than men. Both sexes are in accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also get cited for more serious violations like DUI and reckless driving.
- Liability coverage protects you – Liability insurance provides coverage in the event that you are found to be at fault for damages from an accident. Liability insurance provides for a legal defense which can be incredibly expensive. Liability is cheap compared to physical damage coverage, so drivers should carry high limits.
- How your age affects price – More mature drivers are viewed as being more responsible, tend to file fewer claims and are safer drivers. Teenage drivers have a tendency to be more careless when driving therefore car insurance rates are much higher.
- Better credit means lower rates – Credit history is a important factor in determining your rates. So if your credit score is not that good, you could save money insuring your Mercedes-Benz B200 Turbo by spending a little time repairing your credit. Consumers who have high credit scores tend to be less risk to insure than those with lower credit scores.
- Where you live – Choosing to live in less populated areas can be a good thing when it comes to car insurance. Drivers in populated areas regularly have much more traffic and longer commute times. Lower population translates into fewer accidents.
- Your occupation can affect rates – Jobs such as judges, architects and stock brokers tend to pay the highest rates due to high stress levels and long work days. On the other hand, occupations such as pilots, students and the unemployed have the lowest average rates for B200 Turbo coverage.
- High numbers of claims are not good – Companies generally give better rates to drivers who do not file claims often. If you tend to file frequent claims, you can look forward to higher rates. Car insurance is designed for major claims that would cause financial hardship.
- Lower rates with optional equipment – Purchasing a vehicle with an alarm system can help bring down rates. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping your car from being stolen.
Compare online but buy from a local agent
Certain consumers just want to sit down with an agent and that is OK! The best thing about price shopping on the web is you can get the lowest rates and still choose a local agent.
After filling out this simple form, your coverage information gets sent to insurance agents who will compete for your coverage. You don’t have to leave your computer because quoted prices will be sent to the email address you provide. How cool is that?! It’s the lowest rates and work with a local agent.
Deciding on an insurer should depend on more than just a low price. Here are some questions to ask:
- How are claims handled?
- Is the agent and/or agency licensed to do business in your state?
- Which company do they place the most coverage with?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
- How much will you save each year by using a higher deductible?
Insurance agent types
When finding local agents, you need to know there are two types of insurance agents that you can select. agents can either be independent or captive.
Captive Agents
Captive agencies are contracted to one company like AAA, Allstate and State Farm. These agents are unable to give you multiple price quotes so it’s a take it or leave it situation. These agents are usually quite knowledgeable on their company’s products which helps them compete with independent agents.
Independent Agents (or Brokers)
Independent insurance agents are not locked into one company so they can insure your vehicles with many different companies depending on which coverage is best. To move your coverage to a new company, your agent can switch companies and that require little work on your part. When shopping rates, you should always get quotes from at a minimum one independent agency for the best price selection.
For a full directory of agencies, click here.
After receiving reasonable responses to your questions and a low price estimate, it’s possible that you found an insurance agent that meets your needs to adequately provide car insurance.
More comparisons equals lower rates
When buying insurance coverage, don’t be tempted to skimp on coverage in order to save money. In many cases, drivers have reduced comprehensive coverage or liability limits and learned later that it was a big mistake. The ultimate goal is to find the BEST coverage at an affordable rate.
We’ve covered some good ideas how to lower your Mercedes-Benz B200 Turbo insurance rates. The most important thing to understand is the more price quotes you have, the better your comparison will be. You may be surprised to find that the lowest priced car insurance comes from an unexpected company. Some small companies may have significantly lower rates on certain market segments than the large multi-state companies such as Progressive and GEICO.
