Searching for low-cost insurance for a new or used Mercedes-Benz S420 can normally be a lot of work, but you can learn these tips to find lower rates. There are both good and bad ways to find auto insurance online so we’re going to tell you the proper way to compare rates for a Mercedes-Benz and locate the best price possible either online or from local insurance agents.
Finding affordable coverage is quite easy. Essentially every driver who has to buy auto insurance will most likely be able to find better rates. But consumers do need to learn how big insurance companies sell insurance online and use this information to your advantage.
Auto Insurance Prices Online
Most major insurance companies quote price estimates online. Getting online quotes is fairly simple as you just type in your coverage preferences into the quote form. Once entered, the company’s rating system collects credit information and your driving record and provides a quote based on these factors.
Online quotes streamlines rate comparisons, but the process of having to visit different websites and fill out multiple forms is monotonous and tiresome. But it’s absolutely necessary to do this in order to get the best price possible.
Quote rates the easy way
An easier way to compare auto insurance pricing is to use a quote form to obtain quotes from several companies at one time. It’s a real time-saver, reduces the work, and makes online shopping much more enjoyable. Immediately after submitting the form, your coverage is rated and you are able to buy your choice of the quotes that you receive. If the quotes result in lower rates, you simply finish the application and purchase coverage. It just takes a couple of minutes and could lower your rates considerably.
To save time and get comparison pricing now, click here and enter your vehicle and coverage information. If you currently have coverage, we recommend you copy deductibles and limits just like they are on your policy. Doing this guarantees you will be getting an apples-to-apples comparison using the same coverage and limits.
Companies offer discounts so take them!
Companies that sell car insurance don’t always advertise every discount very clearly, so we researched some of the best known and also the lesser-known auto insurance savings.
- Safety Course Discount – Completing a course in driver safety can save you 5% or more if your company offers it.
- Payment Discounts – If paying your policy premium upfront instead of paying each month you can actually save on your bill.
- Government Employees – Active or retired federal employment could cut as much as 10% off for S420 coverage with select insurance companies.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
- Drive Less and Save – Fewer annual miles on your Mercedes-Benz can qualify you for a substantially lower rate.
- Paperless Signup – Certain companies may give you up to $50 for buying your policy online.
Drivers should understand that most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as medical payments or collision. So when it seems like you can get free auto insurance, companies wouldn’t make money that way.
For a list of providers who offer auto insurance discounts, click this link.
Neighborhood insurance agents
Some people prefer to visit with an insurance agent. One of the great benefits of comparing rates online is that you can obtain the lowest rates and still choose a local agent.
After completing this quick form, your insurance data is instantly submitted to companies who will compete for your business. You never need to drive around because quoted prices will be sent immediately to your email address. Now that’s easy! You can find the lowest rates AND an agent nearby.
Deciding on an insurer requires more thought than just a low price. Ask your prospective agent these questions:
- Are they able to influence company decisions when a claim is filed?
- Is vehicle damage repaired with OEM or aftermarket parts?
- If they are an independent agency, which companies do they recommend?
- If you have an accident, will your rates go up?
- Do they assist clients in filing claims?
- Do they review policy coverages at every renewal?
- Which members of your family are coverage by the policy?
If you wish to contact a specific insurance agent in your state, click here.
Once you have received reasonable responses and a good coverage price, you may have just found an insurance company that can service your policy.
When might I need the advice of an agent?
When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s needs are different.
For example, these questions might point out if you would benefit from an agent’s advice.
- Why am I be forced to buy a membership to get insurance from some companies?
- What is covered by UM/UIM coverage?
- Is my babysitter covered when using my vehicle?
- Which companies will insure high-risk drivers?
- Do I need PIP (personal injury protection) coverage in my state?
- I have good health insurance, so how much medical payments coverage do I need?
- Does having multiple vehicles earn me a discount?
- Am I covered when using my vehicle for business?
- How can I get high-risk coverage after a DUI?
- Am I getting all the discounts available?
If you can’t answer these questions, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form.
Complexity of Mercedes-Benz S420 insurance rates
Consumers need to have an understanding of the factors that play a part in calculating auto insurance rates. When you know what positively or negatively influences your rates helps enable you to make changes that can help you get better auto insurance rates.
- Where you reside plays a part – Choosing to live in small towns and rural areas has it’s advantages when insuring your vehicles. Fewer people means a lower chance of having an accident and also fewer theft and vandalism claims. Drivers in populated areas regularly have congested traffic and a longer drive to work. Higher commute times can result in more accidents.
- Higher safety ratings means cheaper insurance – Cars with high safety ratings can get you lower premiums. Safe vehicles result in less severe injuries and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders. If your Mercedes-Benz S420 has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
- Older drivers pay less – More mature drivers tend to be more responsible, statistically cause fewer accidents and receive fewer citations. Teen drivers are statistically proven to be less responsible when driving and because of this, their auto insurance rates are much higher.
- Low deductibles can be expensive – Physical damage deductibles define the amount you are willing to pay before a claim is paid by your company. Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some instances where coverage would apply could be running into the backend of another car, collision with an animal, and burglary. The more you are required to pay out-of-pocket, the less your company will charge you for insurance for S420 coverage.
- Your occupation can affect rates – Careers like doctors, business owners and accountants tend to pay higher rates than average because of high stress and long work hours. On the flip side, professions such as actors, athletes and retirees have the lowest average rates for S420 coverage.
- Allowing your policy to lapse raises rates – Having an insurance coverage lapse will be a fast way to pay more for auto insurance. And not only will insurance be more expensive, but not being able to provide proof of insurance will get you a revoked license or a big fine.
- Clean credit earns discounts – A driver’s credit score is a large factor in your rate calculation. Drivers with good credit tend to file fewer claims and have better driving records than those with lower credit scores. If your credit score is low, you could be paying less to insure your Mercedes-Benz S420 by spending a little time repairing your credit.
Do drivers who switch really save?
Allstate and Progressive continually stream ads on television and other media. All the companies make the same claim that you’ll save big after switching to them. But how can every company say the same thing? It’s all in the numbers.
All the different companies have a certain “appetite” for the type of customer that makes them money. An example of a preferred risk might be profiled as a mature driver, has no tickets, and has great credit. Any driver who matches those parameters receives the best rates and is almost guaranteed to save when they switch companies.
Consumers who fall outside this ideal profile will be charged higher rates and this can result in business not being written. The ads state “people who switch” not “everybody who quotes” save that kind of money. That is how insurance companies can advertise the way they do. That is why it’s extremely important to get quotes from several different companies. You cannot predict the company that will fit your personal profile best.
More quotes mean more savings
We covered quite a bit of information on how to compare Mercedes-Benz S420 insurance prices online. The most important thing to understand is the more rate quotes you have, the better chance you’ll have of finding lower rates. You may even find the biggest savings come from a company that doesn’t do a lot of advertising.
When shopping online for auto insurance, don’t be tempted to reduce coverage to reduce premium. There are many occasions where someone dropped uninsured motorist or liability limits only to regret that the savings was not a smart move. The ultimate goal is to find the BEST coverage at the best price, not the least amount of coverage.
Cost effective Mercedes-Benz S420 insurance can be sourced from both online companies and also from your neighborhood agents, and you need to comparison shop both to have the best rate selection. Some companies may not provide online quoting and usually these small insurance companies provide coverage only through local independent agents.
