How Much Does 1997 Mercedes-Benz S-Class Car Insurance Cost?

I can’t think of anyone who enjoys paying for insurance, particularly when the cost is way too high. Drivers have multiple insurers to insure vehicles with, and although it’s a good thing to have a selection, it can be more challenging to compare rates and cut insurance costs.

The quickest method to get policy rate comparisons is to know the fact car insurance companies actually pay money for the chance to provide you with a free rate quote. To begin a comparison, all you need to do is give them some information such as whether the vehicles are used for commuting, which vehicles you own, if your license is active, and distance driven. Those rating factors gets transmitted to multiple top-rated companies and you should receive rate quotes with very little delay.

Verify you’re getting all your discounts

Companies don’t always advertise every available discount in a way that’s easy to find, so the following is a list of both the well known and also the lesser-known savings tricks you should be using. If you aren’t receiving every discount available, you’re just leaving money on the table.

  • Club Memberships – Affiliation with certain professional organizations may earn a discount when shopping for car insurance for S-Class insurance.
  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to successfully complete driver’s ed class in school.
  • Pay Upfront and Save – By paying your policy upfront instead of making monthly payments you can actually save on your bill.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems help deter theft and earn discounts up to 10%.
  • Student in College – Any of your kids who are attending college and don’t have a car can be insured at a reduced rate.
  • Homeowners Discount – Owning a house may earn you a small savings because owning a home requires personal responsibility.
  • Seat Belts Save – Buckling up and requiring all passengers to use a seat belt could save 15% off your PIP or medical payments premium.
  • Lower Rates for Military – Being deployed with a military unit may qualify for rate reductions.

A little note about advertised discounts, most of the big mark downs will not be given to your bottom line cost. Most cut specific coverage prices like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, you’re out of luck.

For a list of companies who offer car insurance discounts, click here to view.

When should I talk to an agent?

When buying adequate coverage, there isn’t really a “best” method to buy coverage. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that could help you determine if you will benefit from professional help.

  • How do I buy GAP insurance?
  • Can I afford to buy a different vehicle if my 1997 Mercedes-Benz S-Class is totaled?
  • Do all my vehicles need collision coverage?
  • How much liability coverage do I need in my state?
  • What is high-risk coverage and where do I buy it?
  • Does my policy cover me when driving someone else’s vehicle?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and you can get the answers you need.

Mercedes-Benz S-Class insurance rates are influenced by…

An important part of buying insurance is that you know the different types of things that come into play when calculating your insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that could result in lower insurance prices.

  • Save money with special equipment – Driving a car that has an advanced theft prevention system can save you a little every year. Anti-theft devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all hinder auto theft.
  • Small claims can cost you – Auto insurance companies provide discounts to people who file claims infrequently. If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.
  • Higher safety ratings means cheaper insurance – Cars with high safety ratings can get you lower premiums. Safe vehicles have better occupant injury protection and any reduction in injury severity translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Mercedes-Benz S-Class earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Low deductibles can be expensive – Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your Mercedes-Benz from damage. Examples of covered claims could be collision with another vehicle, collision with an animal, or theft. Your deductibles are the amount of money you are willing to pay in the event of a claim. The higher the amount you’re willing to pay, the less your company will charge you for insurance for S-Class insurance.
  • Older drivers pay less – Teenage drivers have a tendency to be careless and easily distracted in a vehicle so insurance rates are higher. Mature drivers are more cautious drivers, tend to file fewer claims and receive fewer citations.
  • Traffic citations inflate rates – Drivers who don’t get tickets receive lower rates than people who have multiple driving citations. Even one ticket can bump up the cost by as much as thirty percent. Drivers who have severe citations such as DUI or reckless driving may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to drive a vehicle legally.

Drivers who switch save $471 a year? Really?

Consumers get pounded daily by advertisements for car insurance savings from companies such as State Farm, Allstate and GEICO. They all have a common claim about savings if you move your policy.

How do they all make almost identical claims? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of customer they prefer to insure. A good example of a desirable insured might be profiled as a mature driver, owns a home, and has great credit. A driver who fits that profile gets the lowest rates and most likely will save when they switch companies.

Consumers who do not match the requirements must pay higher prices and ends up with business going elsewhere. The ad wording is “drivers who switch” but not “drivers who get quotes” save that kind of money. That is how insurance companies can make the claims of big savings. This illustrates why it is so important to get a wide range of price quotes. You cannot predict the company that will provide you with the cheapest Mercedes-Benz S-Class insurance rates.

Parts of your insurance policy

Having a good grasp of your insurance policy aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. These are typical coverage types found on the average insurance policy.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your 1997 Mercedes-Benz S-Class.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Liability coverages – This coverage protects you from damages or injuries you inflict on other people or property in an accident. It protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage protects against things such as pain and suffering, medical services, court costs and bail bonds. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive insurance – Comprehensive insurance pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a broken windshield, hitting a deer, rock chips in glass, hail damage and damage from getting keyed. The most a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision coverage – Collision insurance will pay to fix damage to your S-Class resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as backing into a parked car, colliding with a tree, sustaining damage from a pot hole and hitting a parking meter. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to bump up the deductible to bring the cost down.

Coverage for medical expenses – Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like ambulance fees, funeral costs and X-ray expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

At the end of the day…

While you’re price shopping online, it’s not a good idea to skimp on coverage in order to save money. There have been many cases where drivers have reduced full coverage only to discover later that it was a big error on their part. The ultimate goal is to purchase a proper amount of coverage at a price you can afford while still protecting your assets.

In this article, we covered a lot of tips how to reduce 1997 Mercedes-Benz S-Class insurance prices online. The key concept to understand is the more times you quote, the better your chances of lowering your rates. You may even find the lowest rates come from a smaller regional carrier. Some small companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate and Progressive.

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