Are you tired of robbing Peter to pay Paul to pay your car insurance bill each month? You’re in the same situation as many other consumers. Multiple car insurance companies compete for your business, and it can be difficult to compare rates to get the lowest price
If you have a current car insurance policy or need a new policy, you can use these tips to find the best rates and possibly find even better coverage. Finding the best rates is easy if you know what you’re doing. Drivers only need to know the proper way to compare price quotes over the internet.
Parts of the Mercedes-Benz 300SEL rate equation
Consumers need to have an understanding of the factors that come into play when calculating car insurance rates. Understanding what impacts premium levels helps enable you to make changes that may reward you with big savings.
- Lower rates come with age – Youthful drivers have a tendency to get distracted easily in a vehicle so they pay higher car insurance rates. Mature drivers are more responsible, tend to cause fewer accidents and get fewer tickets.
- Pay less after the wedding – Being married can actually save you money when buying car insurance. Having a significant other is viewed as being more mature than a single person and it’s statistically proven that married couples file fewer claims.
- Do men or women drive better? – The statistics show that women are safer drivers than men. However, this does not mean women are BETTER drivers than men. They both are in accidents at a similar rate, but the men have costlier accidents. Men also statistically receive more costly citations such as DWI and reckless driving. Youthful male drivers are several times more likely to be in an accident and therefore have the most expensive car insurance rates.
- Where you live can impact rates – Being located in small towns and rural areas can save you money when it comes to car insurance. Fewer drivers means reduced accidents and also fewer theft and vandalism claims. Drivers who live in large cities have to deal with traffic congestion and much longer commute distances. More time on the road can result in more accidents.
- Traffic citations inflate rates – Good drivers get better rates than bad drivers. Just one citation can increase rates twenty percent or more. Drivers with serious tickets such as DWI, reckless driving or hit and run convictions are required to submit a SR-22 form with their state motor vehicle department in order to continue driving.
- Policy add-ons can waste money – There are a lot of add-on coverages that can waste your money on your car insurance policy. Coverages like roadside assistance, accident forgiveness and membership fees may be costing you every month. They may seem like a good idea initially, but your needs may have changed so get rid of them and save.
- Choose a safe vehicle and save – Vehicles with good safety scores can get you lower premiums. Safe vehicles reduce injuries and fewer injuries means less money paid by your insurance company and thus lower rates. If your Mercedes-Benz 300SEL is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may qualify for a discount.
- Allowing your policy to lapse raises rates – Allowing your car insurance policy to lapse is a quick way to increase your car insurance rates. Not only will you pay more, getting caught without coverage may earn you a hefty fine and possibly a revoked license.Then you may be required to file a SR-22 with your state department of motor vehicles.
How to Compare Car Insurance Rates
Most major insurance companies allow you to get prices for coverage online. The process is pretty easy as you just enter your coverage preferences into a form. After you submit the form their rating system obtains reports for credit and driving violations and quotes a price determined by many factors. This helps simplify price comparisons, but the work required to visit each company’s website and repetitively enter the same data into a form can be a bit repetitive. But it’s very important to get many rate quotes if you are searching for the lowest car insurance rates.
Quote rates the easy way
A quicker way to lower your car insurance bill makes use of a single form that obtains quotes from a lot of companies. It saves time, reduces the work, and makes price shopping online a lot less work. After sending your information, it is quoted and you can select your choice of the quotes returned.
If you find a better price you simply finish the application and buy the new coverage. The entire process can be completed in less than 10 minutes and may result in a nice savings.
In order to get comparison pricing now, simply click here to open in new window and enter your vehicle and coverage information. If you have your current policy handy, we recommend you input the limits and deductibles exactly as they are listed on your policy. Doing this guarantees you will have rate quotes for the exact same coverage.
How much can you save with discounts?
The price of auto insurance can be rather high, buy you may qualify for discounts that many people don’t even know exist. Larger premium reductions will be automatically applied at the time of quoting, but a few need to be specially asked for in order for you to get them. If you’re not getting every credit possible, you are paying more than you should be.
- Federal Employees – Employees or retirees of the government can save as much as 8% for 300SEL coverage with certain companies.
- Homeowners Discount – Owning a house may earn you a small savings because of the fact that having a home requires personal responsibility.
- Drivers Education – Make teen driver coverage more affordable by requiring them to enroll in driver’s education in high school.
- Safe Driver Discount – Drivers who don’t get into accidents can pay as much as 50% less for 300SEL coverage than drivers with accident claims.
- Pay Now and Pay Less – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may reduce your total bill.
- Auto/Home Discount – When you have multiple policies with one company you may save up to 20% off your total premium.
- Early Signing – Select companies give a discount for signing up prior to your current policy expiration. This can save 10% or more.
- Good Students Pay Less – Getting good grades can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
- Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts can save 10% or more off the personal injury premium cost.
Keep in mind that most of the big mark downs will not be given to the entire cost. Most only cut specific coverage prices like medical payments or collision. Just because you may think it’s possible to get free car insurance, you’re out of luck. But any discount will reduce the cost of coverage.
To choose insurance companies offering car insurance discounts, click this link.
Online plus local equals savings
Lower-priced Mercedes-Benz 300SEL insurance can be purchased both online in addition to many insurance agents, and you need to comparison shop both so you have a total pricing picture. A few companies do not provide online price quotes and most of the time these small, regional companies sell through independent agents.
As you restructure your insurance plan, it’s very important that you do not buy poor coverage just to save money. Too many times, drivers have reduced comprehensive coverage or liability limits to discover at claim time that the small savings ended up costing them much more. Your strategy should be to get the best coverage possible at the best price while still protecting your assets.
