How Much Does 2013 Mercedes-Benz S-Class Insurance Cost?

Looking for better auto insurance rates for your Mercedes-Benz S-Class? Being forced to pay for expensive auto insurance premiums can bottom out your budget and possibly require you to analyze your spending habits. Doing a rate comparison is an excellent way to make sure you’re not throwing money away.

Lots of auto insurance companies contend to insure your vehicles, and because of this it can be hard to compare insurance companies and get the best coverage at the lowest price

It’s a good habit to take a look at other company’s rates as often as possible because rates tend to go up over time. Just because you found the best premium rates for S-Class coverage a year ago you will most likely find a better price today. Forget all the misinformation about auto insurance because we’re going to demonstrate how to use the internet to buy cheaper auto insurance.

If you currently have car insurance, you will be able to reduce your rates substantially using these methods. Finding the best rates is quite easy. Although car owners must comprehend how the larger insurance companies compete online and take advantage of how the system works.

Compare insurance rates

There are a variety of methods to compare insurance quotes, but some are easier and takes less work. You can waste a lot of time talking about coverages with insurance companies in your area, or you could use the internet to get rate comparisons in just a few minutes.

The majority of car insurance companies take part in a program where prospective buyers submit one quote, and at least one company then gives them pricing for coverage. This system prevents you from having to do quotation requests to each individual insurance company.

To find out how much you’re overpaying now click here (opens in new window).

The only downside to doing it this way is you can’t choose which providers you want to price. So if you want to choose from a list of companies for rate comparison, we put together a list of companies who write insurance in your area. Click here to view list.

Take whichever approach you prefer, but do your best to enter nearly identical coverage limits and deductibles with each company. If you compare higher or lower deductibles you can’t possibly make a fair comparison for your Mercedes-Benz S-Class. Just slight variations in coverages may cause a big price difference. And when price shopping your coverage, comparing more quotes helps improve the odds of finding the best rates. Not every company does price estimates online, so you need to compare prices from the smaller companies as well.

Discount auto insurance rates

Insurance can be prohibitively expensive, but there could be significant discounts that you may not even know about. Certain credits will be shown at the time of quoting, but a few need to be asked for before they will apply.

  • College Student Discount – College-age children who are enrolled in higher education away from home and won’t have access to an insured vehicle can be insured at a reduced rate.
  • Early Switch Discount – A few larger companies allow discounts for buying a policy early. It can save you around 10%.
  • Save with More Vehicles Insured – Buying insurance for multiple cars with the same company can get a discount on all vehicles.
  • Military Discounts – Being deployed in the military can result in better rates.
  • Payment Discounts – By paying your policy upfront rather than paying monthly you could save up to 5%.
  • Data Collection Discounts – People who choose to allow data collection to study where and when they drive through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system may see discounts as long as the data is positive.
  • Multiple Policy Discount – If you can bundle your home and auto insurance and insure them with the same company you could earn a discount of at least 10% off all policies.
  • Life Insurance – Insurance companies who offer life insurance give better premium rates if you take out some life insurance in addition to your auto policy.
  • Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems may get savings of 25 to 30%.
  • Memberships – Joining a professional or civic organization may earn a discount on your policy.

Don’t be surprised that most of the big mark downs will not be given the the whole policy. A few only apply to specific coverage prices like collision or personal injury protection. Just because you may think having all the discounts means you get insurance for free, companies wouldn’t make money that way.

A list of companies and a selection of discounts include:

  • State Farm offers premium reductions for good student, student away at school, anti-theft, multiple autos, passive restraint, multiple policy, and safe vehicle.
  • American Family may have discounts that include air bags, defensive driver, TimeAway discount, multi-vehicle, and mySafetyValet.
  • AAA has discounts for anti-theft, pay-in-full, education and occupation, good student, and multi-policy.
  • GEICO discounts include defensive driver, anti-lock brakes, anti-theft, multi-policy, good student, driver training, and membership and employees.
  • Mercury Insurance offers discounts for ease of repair, age of vehicle, good driver, anti-theft, and low natural disaster claims.
  • Farmers Insurance offers discounts including bundle discounts, teen driver, good student, pay in full, multi-car, and early shopping.
  • Progressive may offer discounts for good student, online quote discount, online signing, multi-policy, continuous coverage, and multi-vehicle.

Double check with each insurance company which credits you are entitled to. Depending on the company, some discounts may not be available in your area. For a list of auto insurance companies that have a full spectrum of discounts, click this link.

Tailor your insurance coverage to you

When buying coverage, there really is not a best way to insure your cars. Everyone’s situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine if your insurance needs would benefit from an agent’s advice.

  • Is my teenager covered with friends in the car?
  • Will my insurance pay for OEM parts?
  • Am I covered when delivering products for my home-based business?
  • When should I drop full coverage on my 2013 Mercedes-Benz S-Class?
  • Are my friends covered when driving my car?
  • Is extra glass coverage worth it?
  • What happens if I owe more than my 2013 Mercedes-Benz S-Class is worth?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

How you can control Mercedes-Benz S-Class insurance rates

Lots of factors are considered when quoting car insurance. Some of the criteria are obvious like a motor vehicle report, but other criteria are not as apparent like where you live and annual miles driven.

  • Discounts for married drivers – Walking down the aisle can actually save you money on insurance. Having a spouse is viewed as being more mature and responsible and statistics prove married drivers tend to have fewer serious accidents.
  • Do you qualify for a multi-policy discount? – Most larger insurers will award discounts to buyers who buy several policies from them, otherwise known as a multi-policy discount. Even if you qualify for this discount already, it’s still a good idea to check prices from other companies to make sure you are getting the best deal.
  • Do safer cars cost less to insure? – Safe vehicles tend to have lower insurance rates. The safest vehicles reduce the chance of injuries and any reduction in injury severity translates directly to fewer claims which can mean better rates for you. If your Mercedes-Benz S-Class is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you may qualify for a discount.
  • Save by driving less – The more miles you rack up on your Mercedes-Benz annually the higher your rate. The majority of insurers price each vehicle’s coverage based upon how you use the vehicle. Cars that are left in the garage receive lower rates as compared to vehicles used primarily for driving to work. An improperly rated S-Class can cost quite a bit. Verify your insurance declarations sheet is rated on the correct driver usage.
  • More people means more accidents – Choosing to live in a small town is a good thing if you are looking for the lowest rates. Residents of big cities tend to have congested traffic and longer commute times. Fewer drivers means reduced accidents in addition to fewer liability claims.
  • Accidents are costly – Drivers with clean records get better rates compared to drivers with tickets. Having just one speeding ticket can increase the cost of insurance twenty percent or more. Drivers who have received careless violations like reckless driving, hit and run or driving under the influence might be required by their state to submit a SR-22 form with their state’s licensing department in order to prevent their license from being revoked.
  • Only buy incidental coverages you need – There are a lot of extra coverages that can add up if you don’t pay attention. Coverages for rental car coverage, accidental death, and extra life insurance coverage are examples of these. These may sound like a good investment when buying your policy, but if you’ve never needed them in the past remove them from your policy.

Specific coverage details

Knowing the specifics of a insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverages offered by insurance companies.

Liability insurance

Liability insurance provides protection from injuries or damage you cause to other people or property by causing an accident. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against claims like medical services, loss of income and emergency aid. The amount of liability coverage you purchase is your choice, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries and also any damage incurred to your 2013 Mercedes-Benz S-Class.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like X-ray expenses, EMT expenses, hospital visits, doctor visits and ambulance fees. The coverages can be used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Comprehensive insurance

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive insurance covers claims such as rock chips in glass, damage from a tornado or hurricane and hail damage. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision insurance

This pays to fix your vehicle from damage from colliding with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as scraping a guard rail, crashing into a ditch, colliding with a tree, colliding with another moving vehicle and hitting a mailbox. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Knowledge is power

Throughout this article, we presented a lot of techniques to save on 2013 Mercedes-Benz S-Class insurance. The most important thing to understand is the more you quote auto insurance, the better your comparison will be. You may even find the lowest priced insurance coverage comes from a small local company. Smaller companies may cover specific market segments cheaper compared to the large companies like State Farm and Allstate.

Lower-priced insurance coverage can be bought from both online companies and from local agencies, so you need to shop auto insurance with both in order to have the best chance of saving money. Some insurance companies do not offer online quoting and these smaller providers work with independent agents.

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