Compare 2003 Mercedes-Benz S-Class Car Insurance Rates

Want the cheapest insurance rates for your Mercedes-Benz S-Class? Finding lower premiums on insurance can seem to be nearly impossible for consumers not familiar with buying insurance online. Consumers have so many choices that it can be a lot of work to compare prices.

It’s important to take a look at other company’s rates before your policy renews since rates change quite often. Even if you think you had the best deal for S-Class coverage on your last policy you can probably find a better price now. Forget all the misinformation about insurance because you’re about to find out the fastest way to get good coverage at a lower rate.

Don’t overlook these discounts

Companies that sell car insurance don’t always list all their discounts very well, so we researched both well-publicized as well as the least known ways to save on insurance coverage.

  • Drive Less and Save – Driving fewer miles can earn discounted rates on garaged vehicles.
  • Payment Method – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Discount for Swiching Early – A few companies offer discounts for signing up prior to your current policy expiration. The savings is around 10%.
  • Multi-policy Discount – When you have multiple policies with the same company you may earn 10% to 20% off each policy.
  • Driver Safety – Taking a defensive driving course could possibly earn you a 5% discount if your company offers it.
  • No Charge for an Accident – Certain companies allow you one accident before your rates go up if your claims history is clear prior to the accident.
  • Own a Home – Being a homeowner can help you save on insurance coverage because owning a home shows financial diligence.

It’s important to note that most credits do not apply to the entire cost. A few only apply to individual premiums such as medical payments or collision. So when the math indicates all the discounts add up to a free policy, companies don’t profit that way.

Companies that may have these discounts are:

Check with all companies you are considering what discounts are available to you. Some discounts might not be offered everywhere.

Free Quotes for Car Insurance

When shopping for car insurance there are multiple ways to compare rate quotes from local car insurance companies. By far the easiest way to compare 2003 Mercedes-Benz S-Class insurance prices consists of obtaining rate quotes online. This can be done in just a few minutes using one of these methods.

  1. One of the simplest ways to get quotes would be an industry-wide quote request form (click to open form in new window). This form keeps you from doing a different quote for each company you want a rate for. A single form gets you price quotes from multiple low-cost companies. It’s definitely the quickest method.
  2. Another way to analyze rates requires visiting the website of each company to complete a price quote. For instance, we’ll pretend you want comparison quotes from Nationwide, GEICO and State Farm. To get rate quotes you would need to visit each site and enter your policy data, which is why the first method is more popular.

    For a list of links to companies insuring cars in your area, click here.

  3. The hardest method of getting rate comparisons is to spend time driving to insurance agents’ offices. The internet can eliminate the need for a local agent unless you have a need for the professional guidance only provided by licensed agents. However, consumers can price shop your coverage online and get advice from an agent in your area and you’ll learn how to do that later.

However you get your quotes, be sure to compare apples-to-apples coverage limits for every company. If you compare higher or lower deductibles it will be impossible to make an equal comparison. Slightly different insurance coverages can make a big difference in price. Just remember that getting more free quotes will enable you to find the best offered rates.

Is my situation unique?

When it comes to buying adequate coverage, there is no cookie cutter policy. Everyone’s needs are different.

Here are some questions about coverages that might help in determining if your situation will benefit from professional help.

  • Does my 2003 Mercedes-Benz S-Class qualify for pleasure use?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I have coverage when making deliveries for my home business?
  • Can I drive in Mexico and have coverage?
  • What if I owe more than I can insure my car for?
  • Can I get a multi-policy discount for packaging my home and auto coverage?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, simply complete this short form.

Coverages available on your insurance policy

Knowing the specifics of your policy helps when choosing which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your 2003 Mercedes-Benz S-Class.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Comprehensive coverage

This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from a tornado or hurricane, falling objects and hitting a bird. The maximum payout you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP provide coverage for bills for things like dental work, prosthetic devices, surgery and X-ray expenses. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. PIP is only offered in select states but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

This coverage pays for damage to your S-Class from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision insurance covers things such as rolling your car, colliding with a tree and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.


This protects you from damage that occurs to other’s property or people that is your fault. This coverage protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things like funeral expenses, bail bonds, loss of income, medical services and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but consider buying as high a limit as you can afford.

Be Smart and Buy Smart

Throughout this article, we presented some good ideas how you can compare 2003 Mercedes-Benz S-Class insurance prices online. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your rates. Drivers may discover the lowest rates come from a smaller regional carrier.

As you prepare to switch companies, do not sacrifice coverage to reduce premiums. There have been many situations where someone sacrificed collision coverage only to find out that it was a big mistake. Your goal should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

Budget-conscious insurance can be found from both online companies in addition to many insurance agents, and you need to price shop both to have the best chance of lowering rates. Some car insurance companies do not provide online price quotes and usually these small insurance companies provide coverage only through local independent agents.

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