How to Save on Tulsa Mercedes-Benz C350 Insurance

It’s a known fact that auto insurance companies want to keep you from comparing rates. Consumers who compare rates at least once a year will most likely buy a new policy because the odds are good of finding a cheaper policy. A recent survey found that consumers who regularly compared price quotes saved $3,450 over four years compared to drivers who never compared rates.

If finding budget-friendly car insurance is your ultimate target, then having some knowledge of how to get rate quotes and compare coverages can save time and make the process easier.

If saving the most money is your goal, then the best way to get low-cost Mercedes-Benz C350 insurance is to regularly compare price quotes from insurance carriers who can sell car insurance in Tulsa. Prices can be compared by following these steps.

1. Take a few minutes and learn about coverages and the things you can control to lower rates. Many policy risk factors that cause high rates like traffic violations and a not-so-good credit score can be remedied by making minor changes to your lifestyle. Keep reading for instructions to get better rates and find hidden discounts.
2. Quote rates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can provide rates from a single company like GEICO or Allstate, while independent agents can quote rates from multiple companies.
3. Compare the new quotes to your existing rates to see if a cheaper price is available in Tulsa. If you can save money and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
4. Give proper notification to your current agent or company of your intent to cancel your current auto insurance policy. Submit payment and a completed application for the new coverage. Be sure to put the certificate verifying coverage along with the vehicle’s registration papers.

One thing to remember is that you’ll want to compare identical coverage information on every quote and and to get rate quotes from every company you can. Doing this guarantees an accurate price comparison and plenty of rates choose from.

When comparison shopping, having more price comparisons increases the chance that you will find more affordable insurance. Some companies don’t provide rate quotes online, so it’s important to compare price quotes from them, too.

The companies shown below can provide comparison quotes in Tulsa, OK. If your goal is to find the cheapest auto insurance in Oklahoma, it’s highly recommended you get rates from several of them to get the best price comparison.

Car insurance just makes sense

Despite the potentially high cost of Mercedes-Benz C350 insurance, paying for car insurance is most likely required but also gives you several important benefits.

• Almost all states have mandatory insurance requirements which means you are required to carry a minimum amount of liability in order to drive the car legally. In Oklahoma these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you have a loan on your Mercedes-Benz, most banks will require that you have full coverage to guarantee their interest in the vehicle. If you let the policy lapse, the lender may insure your Mercedes-Benz for a lot more money and require you to pay for the much more expensive policy.
• Car insurance preserves not only your Mercedes-Benz but also your financial assets. Insurance will pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability coverage will also pay for a defense attorney if someone files suit against you as the result of an accident. If you have damage to your Mercedes-Benz as the result of the weather or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay all costs to repair after the deductible has been paid.

The benefits of buying car insurance are definitely more than the cost, especially with large liability claims. Today the average American driver is overpaying more than $825 a year so smart consumers compare quotes at every renewal to ensure rates are competitive.

Mercedes-Benz C350 detailed coverage information

The table shown next outlines different insurance coverage prices for Mercedes-Benz C350 models. Having a better idea how auto insurance policy rates are established helps drivers make smart policy decisions.

Above prices assume single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Oklahoma minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Prices do not factor in vehicle location which can affect auto insurance rates substantially.

Choosing deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The rates below may aid in understanding how much more rates are between high and low comp and collision deductibles. The first rate quote example uses a $250 deductible and the second rate table uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Information does not factor in garaging location in Tulsa which can impact rates considerably.

We can estimate from the data above that using a $250 deductible costs roughly $40 more each month or $480 for a full year than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $750 more out-of-pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 19 months between claim filings, you would save money if you choose a higher deductible.

Responsible drivers pay cheaper car insurance rates

The diagram below demonstrates how citations and accidents increase Mercedes-Benz C350 insurance costs for each age group. The data assumes a married male driver, full physical damage coverage, $250 deductibles, and no other discounts are factored in.

Should you buy full coverage?

The chart below shows the comparison of Mercedes-Benz C350 car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in Oklahoma. The premium estimates are based on a clean driving record, no claims, $100 deductibles, drivers are not married, and no additional discounts are factored in.

When to stop paying for full coverage

There is no clear-cut rule for eliminating physical damage insurance, but there is a guideline you can use. If the annual cost of your full coverage insurance is about 10% or more of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Mercedes-Benz C350 book value is $8,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most you would receive is $7,000 after the policy deductible has been paid. If it’s costing you more than $700 annually to have full coverage, then you may need to consider dropping full coverage.

There are some scenarios where removing full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you must maintain physical damage coverage to satisfy the loan requirements. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not remove full coverage.

Verify you’re earning every discount

Insurance is not cheap nor is it fun to buy but you may be missing some discounts that many consumers don’t even know exist. Certain discounts will be applied at quote time, but some may not be applied and must be specifically requested prior to getting the savings. If you check and find you aren’t receiving every discount available, it’s possible you qualify for a lower rate.

• Discounts for New Vehicles – Adding a new car to your policy can save you some money since new model year vehicles are generally safer.
• Senior Citizen Rates – If you qualify as a senior citizen, you may be able to get a slight reduction on a Tulsa car insurance quote.
• Early Renewal Discounts – Select insurance companies give a discount for renewing your policy prior to your current C350 insurance policy expiration. You can save around 10% with this discount.
• Anti-theft Discount – Cars equipped with tracking devices and advanced anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
• Federal Employees – Employees or retirees of the government could provide a small rate reduction depending on your insurance provider.

As is typical with insurance, most credits do not apply to the entire cost. Most only cut specific coverage prices like medical payments or collision. So when it seems like you can get free auto insurance, companies wouldn’t make money that way.

The example below shows the difference between Mercedes-Benz C350 car insurance costs with and without discounts applied. The information is based on a male driver, no accidents, no driving violations, Oklahoma state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, multi-policy, marriage, multi-car, and claim-free discounts applied.

To locate companies with the best Mercedes-Benz C350 insurance discounts in Tulsa in Tulsa, click here.

Do I need a local insurance agent?

A small number of people just want to sit down and talk to an agent. A nice benefit of getting online price quotes is you can get cheap rate quotes and still have a local agent.

By using this form (opens in new window), the coverage information is sent to participating agents in Tulsa who want to provide quotes and help you find cheaper coverage. It’s much easier because you don’t need to leave your computer because quoted prices will be sent to the email address you provide. You can most likely find cheaper rates and work with a local agent. If you have a need to quote rates for a specific company, don’t hesitate to jump over to their website and fill out the quote form the provide.

Finding a good company requires more thought than just the premium amount. Agents should be asked these questions:

• Is coverage determined by price?
• Do they receive special compensation for putting your coverage with one company over another?
• Do they offer rental car reimbursement?
• Are they actively involved in the community?
• Will vehicle repairs be made with aftermarket parts or OEM replacement parts?

If you would like to find a reliable agent, it’s helpful to know the different types of agents and how they differ in how they can insure your vehicles. Auto insurance agents can be described as either independent (non-exclusive) or exclusive.

Exclusive Agencies

Agents of this type work for only one company and examples are State Farm, AAA, Farmers Insurance or Allstate. Exclusive agencies are unable to give you multiple price quotes so they really need to provide good service. Exclusive agencies are very knowledgeable on sales techniques which helps overcome the inability to quote other rates.

Below is a list of exclusive agencies in Tulsa who may provide you with rate quotes.

More Tulsa agents

Independent Agents (or Brokers)

Agents that elect to be independent are not limited to a single company so they can quote policies through many companies and find the cheapest rate. If prices rise, your agent can just switch to a different company which is easy for the insured.

If you are trying to find cheaper rates, you need to compare quotes from multiple independent agents in order to compare the most rates.

Below are Tulsa independent insurance agents willing to provide price quote information.

More Tulsa agents

How to know if you need help

When buying proper insurance coverage, there really isn’t a “perfect” insurance plan. Your situation is unique and your policy should reflect that.
Here are some questions about coverages that might point out if you might need an agent’s assistance.

• Do I need replacement cost coverage on my Mercedes-Benz C350?
• Is upholstery damage covered by car insurance?
• What are the liability requirements in my state?
• Am I getting all the discounts available?
• Is my custom paint covered by insurance?
• What is covered by UM/UIM coverage?
• What is the rate difference between pleasure use and commuting?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of auto insurance companies in your area.

Quote often and quote early

Cheaper Mercedes-Benz C350 insurance in Tulsa is available from both online companies and with local Tulsa insurance agents, so get free Tulsa car insurance quotes from both of them to have the best chance of lowering rates. A few companies may not offer rate quotes online and these regional insurance providers prefer to sell through local independent agencies.

You just read a lot of information how to compare Mercedes-Benz C350 insurance rates in Tulsa. The most important thing to understand is the more companies you get car insurance rates for, the better likelihood of getting affordable Tulsa car insurance quotes. Consumers could even find that the lowest rates come from the least-expected company. These smaller insurers may often insure only within specific states and give better rates than their larger competitors like Progressive and GEICO.

Additional resources

• Honda warning system reduces insurance claims (Insurance Institute for Highway Safety)
• Who Has Affordable Car Insurance Quotes for Active Military in Tulsa? (FAQ)
• Things to Know Before you Cancel Insurance (Allstate)
• Information for Teen Drivers (GEICO)
• Bodily Injury Coverage (Liberty Mutual)