Proven Ways to Save When Shopping for Insurance for Your Mercedes-Benz 560SEL

Trying to find cheaper insurance for a Mercedes-Benz 560SEL can be a painful process, but you can follow a few tricks to find lower rates. There is a right way and a wrong way to shop for auto insurance and you need to know the absolute fastest way to quote coverages for a new or used Mercedes-Benz and get the best price possible.

It’s a good habit to take a look at other company’s rates before your policy renews due to the fact that insurance rates trend upward over time. Just because you found the lowest price on 560SEL insurance a few years ago other companies may now be cheaper. So block out anything you think you know about auto insurance because you’re about to learn the easiest way to save money, get proper coverage and the best rates.

If you currently have a car insurance policy, you should be able to lower your premiums substantially using these methods. Pricing the cheapest protection can be fairly easy. But consumers need to have an understanding of the way companies determine prices and take advantage of how the system works.

Complexity of Mercedes-Benz 560SEL insurance rates

It’s important that you understand the factors that come into play when calculating the rates you pay for auto insurance. Knowing what controls the rates you pay empowers consumers to make smart changes that can help you get lower auto insurance prices.

  • More than one policy can earn a discount – Many auto insurance companies give discounts to insureds who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s still a good idea to compare rates to ensure the best deal.
  • Don’t get talked into coverage you don’t need – There are a ton of extra coverages you can purchase when buying auto insurance. Insurance for roadside assistance, better glass coverage and motor club memberships may be costing you every month. These coverages may sound good initially, but if you don’t need them eliminate the coverages to reduce your premium.
  • Traffic citations inflate rates – Your driving citation history has a big impact on rates. Careful drivers receive lower rates than bad drivers. Even one citation can boost insurance rates forty percent or more. Drivers who have serious citations such as reckless driving, hit and run or driving under the influence may need to submit a SR-22 or proof of financial responsibility to the state department of motor vehicles in order to continue driving.
  • Better crash test results mean better rates – Vehicles with good safety scores get lower rates. Safe vehicles reduce injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates. If your Mercedes-Benz 560SEL scored better than four stars on or an “acceptable” rating on you are probably receiving a discount.
  • What type of vehicle do you drive? – The performance level of the car you are buying insurance for makes a huge difference in how high your rates are. Because the Mercedes-Benz 560SEL is classified as a luxury sedan, insuring your vehicle will cost more than the average rate where you live. Economy passenger models generally have the cheapest insurance rates, but the cost you end up paying is determined by many additional factors.

Free Quotes for Auto Insurance

All the larger auto insurance companies give prices for coverage on their websites. Obtaining pricing is quite easy as you just enter into the quote form. Once entered, the company’s rating system automatically orders information on your driving record and credit history and provides a quote.

Online price quotes makes comparing rates easy, but the process of having to visit several different sites and complete many quote forms can get tiresome after awhile. But it is imperative to get many rate quotes if you want to find lower prices.

Isn’t there an easier way to compare rates?

A less time-consuming method to find cheaper rates uses one simple form to return rates from a lot of companies. It saves time, eliminates form submissions, and makes online quotes much more enjoyable and efficient. As soon as the form is sent, it is rated and you can choose any or none of the quote results. If one or more price quotes are lower than your current rates, you simply finish the application and purchase coverage. The whole process can be completed in a matter of minutes and you’ll know if lower rates are available.

In order to use this form to compare rates, simply click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you complete the form with deductibles and limits exactly as shown on your declarations page. This guarantees you are getting rate quotes using the exact same  insurance quote

Don’t miss these discounts

Car insurance companies do not advertise all their discounts in a way that’s easy to find, so we researched some of the best known as well as the least known discounts you could be receiving.

  • Club Memberships – Affiliation with a professional or civic organization could qualify you for a break on your policy on 560SEL insurance.
  • Passive Restraints and Air Bags – Factory air bags may earn rate discounts of up to 25% or more.
  • Anti-theft System – Anti-theft and alarm systems can help prevent theft and earn discounts up to 10%.
  • Homeowners Savings – Simply owning a home can save you money due to the fact that maintaining a home shows financial diligence.
  • Accident Forgiveness – A handful of insurance companies permit an accident before your rates go up if your claims history is clear for a certain period of time.
  • New Vehicle Savings – Adding a new car to your policy is cheaper since new cars are generally safer.
  • Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less on 560SEL insurance than their less cautious counterparts.

Drivers should understand that some of the credits will not apply to the overall cost of the policy. Most only apply to specific coverage prices like comp or med pay. Just because it seems like it’s possible to get free car insurance, you’re out of luck.

Buying car insurance locally

Some consumers would rather sit down with an agent and that is OK! The best thing about price shopping on the web is you can get the best rates but still work with a licensed agent.

To find an agent, once you fill out this short form, your information is immediately sent to participating agents who will return price quotes to get your business. There is no need to even leave your home as quotes are delivered to your email. How cool is that?! Get lower rates without the usual hassles of price shopping.

Choosing an provider needs to be determined by more than just the premium amount. Agents should be asked these questions:

  • Does the agency provide any after hours assistance?
  • Is their price quote a firm figure or are their hidden costs?
  • Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
  • If you are a high risk driver, do they have special markets for your coverage?
  • How often do they review policy coverages?
  • Does the agency have a good rating with the Better Business Bureau?
  • What will you get paid if your car is a total loss? How is that amount determined?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?

How to choose the best car insurance agent

If you’re trying to find a good insurance agency, there are a couple of types of insurance agents that you can select. Agencies are categorized either independent (non-captive) or captive.

Captive Insurance Agents

Captive agencies are contracted to one company such as Liberty Mutual, Allstate, Farmers Insurance or State Farm. These agents are not able to compare other company’s rates so they have no alternatives for high prices. They are well schooled on their products and sales techniques which helps them compete with independent agents. Consumers sometimes buy insurance from these agents partially due to high brand loyalty and the convenience of having all coverages with one company.

Independent Insurance Agents

These agents do not work for one specific company but instead can place your coverage amongst many companies enabling the ability to shop coverage around. If you are not satisfied with one company, the business is moved internally without you having to go to a different agency.

When searching for an agent, it’s a good idea to contact multiple independent agents to ensure the widest selection of prices. They also have the ability to place coverage with different regional companies which can save you money.

best 560SEL insurance

For a full directory of insurance agents, visit this page.

After getting positive feedback to these questions and locked in a price quote, most likely you have located an insurance agency that meets your needs to service your policy.

One last thing about your coverage

We just presented many ways to compare Mercedes-Benz 560SEL insurance prices online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding lower rates. You may even discover the best price on auto insurance is with some of the lesser-known companies.

When shopping online for auto insurance, never buy less coverage just to save a little money. There are a lot of situations where someone dropped full coverage and found out when filing a claim that the small savings ended up costing them much more. Your aim should be to buy enough coverage for the lowest price, not the least amount of coverage.

Cost effective Mercedes-Benz 560SEL insurance can be bought online and with local insurance agents, and you need to price shop both to have the best selection. A few companies do not offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.