Sick and tired of scraping the payment together to buy car insurance? You are no different than many other drivers.
With so many different company options, it’s nearly impossible to find the best provider.
Buying the lowest cost protection is quite easy. Basically, everyone who carries car insurance should be able to lower their premiums. Although drivers benefit from understanding how companies determine prices.
These factors can influence what you pay for Mercedes-Benz 300TE insurance
Smart consumers have a good feel for the rating factors that go into determining car insurance rates. Knowing what impacts premium levels helps enable you to make changes that could result in better car insurance rates.
- Policy add-ons can waste money – There are a ton of extra coverages that you can get tricked into buying when buying car insurance. Insurance for personal injury protection, accidental death and additional equipment coverage are some examples. They may seem like a good idea when talking to your agent, but now you might not need them so eliminate the coverages to reduce your premium.
- Men are more aggressive – The statistics show that women are safer drivers than men. That doesn’t necessarily mean that men are worse drivers. Women and men cause accidents at about the same rate, but the men cause more damage. Men also statistically have more aggressive citations like DUI and reckless driving. Youthful male drivers are the most expensive to insure and therefore are the most expensive to insure.
- Multi-policy discounts can save money – Most insurance companies will give a discount to policyholders who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, you still need to compare rates to ensure the best deal.
- More people means more accidents – Living in less populated areas has it’s advantages when it comes to car insurance. City drivers have to deal with congested traffic and longer commutes to work. Less people living in that area means fewer accidents as well as less vandalism and auto theft.
- How’s your driving record? – Even a single moving violation can increase rates twenty percent or more. Good drivers get better rates than bad drivers. Drivers who get serious violations like DWI, reckless driving or hit and run convictions may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.
- Discounts for married couples – Having a wife or husband actually saves money when buying car insurance. Marriage means you’re more mature and responsible and it’s statistically proven that being married results in fewer claims.
Compare Car Insurance Costs
To find the best car insurance prices, there are several ways to compare rate quotes from local car insurance companies. The fastest way to find competitive Mercedes-Benz 300TE insurance rates is to get quotes online. It is quite easy and can be accomplished in a couple of different ways.
The fastest way to compare a lot of rates at once would be an industry-wide quote request form (click to open form in new window). This easy form keeps you from doing separate quotation requests to each individual car insurance company. Completing one form will get you rate comparisons from car insurance companies with the best prices.
A more difficult way to get comparison quotes is spending the time to visit the website for every company you want to comare and request a quote. For example, let’s say you want comparison quotes from USAA, 21st Century and Liberty Mutual. To get rate quotes you would need to take the time to go to each site and enter your policy data, which is why the first method is quicker. For a handy list of car insurance company links in your area, click here.
Whichever way you use, double check that you are using identical quote information for every quote you compare. If the quotes have different deductibles you will not be able to decipher which rate is best. Having just a slight variation in coverages can result in a big premium difference. Just remember that obtaining a wide range of quotes will enable you to find the best offered rates.
Lower rates by qualifying for discounts
Insurance can be prohibitively expensive, but you can get discounts to help offset the cost. Certain discounts will be applied when you quote, but some must be asked about before you get the savings.
- Anti-theft System – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
- Accident Free – Drivers with accident-free driving histories can earn big discounts when compared to frequent claim filers.
- Payment Method – If paying your policy premium upfront instead of monthly or quarterly installments you can actually save on your bill.
- Multi-car Discount – Insuring more than one vehicle with the same company qualifies for this discount.
- New Car Discount – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
- Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts of up to 25% or more.
- Life Insurance – Select insurance companies reward you with a break if you buy a life insurance policy as well.
Keep in mind that most discount credits are not given to the entire policy premium. Most only apply to individual premiums such as collision or personal injury protection. So despite the fact that it appears you can get free auto insurance, it doesn’t quite work that way. But all discounts will reduce your overall premium however.
To choose insurance companies who offer car insurance discounts, click here.
Car insurance is unique, just like you
When buying the right insurance coverage, there isn’t really a “best” method to buy coverage. Coverage needs to be tailored to your specific needs so this has to be addressed. Here are some questions about coverages that may help highlight whether your personal situation might need an agent’s assistance.
- Is a new car covered when I drive it off the dealer lot?
- What are the best liability limits?
- Can I afford to pay high deductible claims out of pocket?
- Am I covered when driving on a suspended license?
- How much liability coverage do I need in my state?
- Does liability extend to a camper or trailer?
- What are the financial responsibility laws in my state?
- Which companies will insure high-risk drivers?
If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.
Compare but don’t skimp
When you buy insurance online, do not skimp on coverage in order to save money. There are many occasions where an insured cut comprehensive coverage or liability limits only to regret that the small savings ended up costing them much more. The proper strategy is to find the BEST coverage at an affordable rate while still protecting your assets.
Cheaper Mercedes-Benz 300TE insurance can be bought online and with local insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. There are still a few companies who do not offer the ability to get a quote online and these small, regional companies work with independent agents.
