Mercedes Benz S Class Insurance

The Mercedes-Benz S-Class is the line of full-size luxury sedans manufactured by the German luxury automaker. The flagship vehicle from the Mercedes-Benz stable is also the best-selling luxury sedan globally. The premium vehicle comes in petrol and diesel engine variants of 2999 cc and 2925 cc capacities, respectively. Mercedes S-Class price starts from Rs. 1.60 crore and goes up to Rs. 1.69 crore (ex-showroom price, New Delhi).

 

The S-Class line-up has historically featured the best and latest features, technologies, and safety systems. As a result, it is one of the safest cars in its segment, and Mercedes even manufactures bulletproof cars in the S-Class series.

 

Therefore, if you are planning to invest in this car, then purchasing a Mercedes-Benz S-Class insurance policy is essential to protect your financial interests in case of any unfortunate incidents.

Check Insurance Premium for Mercedes-Benz S-Class Variants 

How to Buy Mercedes-Benz S-Class Insurance Online?

Customers looking to purchase financial protection for their luxury S-Class can do so online by following the steps below:

 

Step 1: Visit Bajaj Markets and go to the ‘car insurance premium calculator’ section.

 

Step 2: Enter the relevant details of the car, including the make, model, date of manufacture and registration, fuel type, etc.

 

Step 3: Select the types of coverage required, add-ons, NCB bonus, and vehicle’s Insured Declared Value (IDV).

 

Step 4: Select the most suitable policy according to the requirements after going through the policy details thoroughly.

 

Step 5: Enter personal details, vehicle details, including engine and chassis numbers, and details of the previous plan, if any.

 

Step 6: Select a convenient payment mode and purchase a suitable policy with maximum coverage.

 

The insurance provider will send a copy of the Mercedes-Benz S-Class insurance insurance policy via email and other registered contact information.

How to Renew Mercedes-Benz S-Class Insurance Online?

Renewing a Mercedes-Benz S-Class car insurance policy online is as convenient as purchasing one. These are the steps to follow:

 

Step 1: Visit the car insurance renewal section on the insurer’s official website.

 

Step 2: Enter the required vehicle details and find the Mercedes-Benz S-Class insurance cost.

 

Step 3: Select the coverage included in the policy.

 

Step 4: Pay the renewal premium online.

 

The insurance provider will send the renewed Mercedes-Benz S-Class insurance documents immediately.

Why Should You Purchase Mercedes-Benz S-Class Insurance Policy?

Mercedes-Benz S-Class is a premium luxury sedan with an array of features. Therefore, it is essential to financially cover it against unforeseen damages. The benefits of purchasing a car insurance policy for the Mercedes-Benz S-Class are as follows:

 

• Financial protection against damages or loss of the car caused due to accident or theft.

• It provides financial protection against damages caused due to fire and natural disasters like storms, floods, etc.

• It covers financial and legal liabilities to a third party in case of an accident. In addition, third-party insurance is legally mandatory for all vehicles in India.

• The personal accident cover helps to provide financial coverage in case of any treatment cost incurred by you, the policyholder.

• The access to network garage facility enables you to opt for a cashless service facility, lowering your financial burden.

Types of Mercedes-Benz S-Class Car Insurance Policies

Customers can opt for two types of Mercedes-Benz S-Class insurance plans. These policies differ in their extent of coverage and insurance premium cost. These policies are:

• Third-party insurance policy

Purchasing a third-party car insurance policy is legally mandatory for all vehicles in India, according to the Motor Vehicles Act, 1988. It protects against financial liabilities towards a third party in case of an accident.

• Comprehensive insurance policy

The comprehensive car insurance policy provides financial protection in case of loss or damage to the policyholder's vehicle in addition to those to a third party. It combines third-party and own damage insurance policies and provides broader protection. Moreover, customers can extend the policy coverage by purchasing various add-ons to the basic plan.

 

You can purchase a suitable policy as per your requirements from online marketplace like Bajaj Markets.

Mercedes S-Class Insurance Policy Inclusions 

Insurance policies for the Mercedes-Benz S-Class include coverage for the following:

 

• Loss or damage to the policyholder's car due to an accident

• Loss of vehicle due to theft

• Financial liabilities due to personal injury or damage to property of a third-person

• Damages or loss of the vehicle in natural disasters like storms, floods, etc.

Mercedes S-Class Insurance Policy Exclusions 

Insurance policies do not cover the following:

 

• Regular wear and tear of the car

• Mechanical or electrical breakdowns

• If the damages are caused while the driver was under the influence of intoxicants

• Damages caused while driving without a valid driver’s licence

• Damage or loss caused by malicious intent

• Any losses or damages caused due to war, riots, nuclear disasters, etc.

Add-On Covers for Mercedes-Benz S-Class Car

Policyholders can significantly extend their insurance policy coverage by purchasing add-ons to their basic comprehensive insurance policy. With just a small addition to the Mercedes-Benz S-Class insurance cost, policyholders can get the following add-ons:

• Personal Baggage cover:

Provides financial protection to the policyholder’s personal belongings in case of any unfortunate incident.

• Lock and Key Replacement cover:

This Lock and Key Replacement cover add-on provides financial assistance to replace car keys or locks if a policyholder misplaces the keys.

• Roadside Assistance cover:

Vehicle breakdown can happen even in the best of circumstances, and this Roadside Assistance cover add-on provides financial coverage in these emergency cases.

• Engine Protection cover:

Engine repair or replacement is quite expensive and is usually not covered by insurance policies. The engine protection cover assists in repairing engine damage repair or replacement.

• NCB Protection cover:

No-claim bonus is applicable if no claims are made in a coverage year. However, accidents can happen at any time. The NCB protection cover allows for greater flexibility by allowing a certain number of claims before NCB lapses.

• Personal Accident cover:

The personal accident cover provides financial protection in case of injuries, disability, or death of the driver.

• Zero Depreciation cover:

Since the value of a car depreciates, the insurance amount policyholders receive after a claim also decreases. The zero depreciation car insurance add-on provides coverage against the car's value depreciation.

Mercedes-Benz S-Class Insurance Claim Process 

In an untoward incident, policyholders can claim their insurance in cashless or reimbursement modes. The claim process for both these modes with Bajaj Markets is detailed below.

• Cashless claim

The insurer directly settles the cost or repair with the network garage covered. The process for filing a claim is as follows:

 

Step 1: The policyholder must inform the insurance provider by visiting their website or calling their toll-free number.

 

Step 2: They need to take their Mercedes S-Class to the nearest network garage.

 

Step 3: They will then have to submit all the required documents, including bills to the insurer.

 

Step 4: After claim verification, the insurer directly settles all costs with the network garage.

• Reimbursement claim

If the policyholder does not opt for a cashless facility or gets repairs done at a non-network garage, they can make the insurance claim in reimbursement. The reimbursement claim process is as follows:

 

Step 1: The policyholder must inform the insurance provider immediately after the damage or loss. They also need to file an FIR with the police in case of damage due to third-party or theft.

 

Step 2: They should then get their Mercedes repaired at the nearest garage of their choice.

 

Step 3: They will then have to submit the insurance policy document, original bills, FIR copy, and payment receipts.

 

Step 4: Once document verification is completed, the insurer reimburses the Mercedes-Benz S-Class insurance amount.

 

In either case, policyholders must keep the following documents handy while making a claim:

 

• Insurance policy copy

• Personal details

• Details of the car

• Mishap details including the date, time, location, and nature of the event and damage

• FIR copy in case of car theft or damage due to third-party

• Original bills of repair

• Payment receipts in case of reimbursement claim

How to Reduce Mercedes-Benz S-Class Insurance Cost?

While an insurance policy will provide comprehensive coverage against loss or damages to a car, such damages are often caused due to improper maintenance and handling. The Mercedes S-Class is a premium car, so the repair cost is also high. Here are a few steps that policyholders can take that will reduce their Mercedes-Benz S-Class service cost along with their insurance premium cost:

 

• Regular maintenance:

The S-Class is a luxury car and needs regular maintenance to function at its best. Regular maintenance also reduces wear and tear, which is not covered under an insurance policy.

• Paying for minor repairs:

It is generally more sensible to get minor affordable repairs done out-of-pocket and leave the more significant expenses for the policy. This also helps maintain the no-claim bonus since more extensive damages are usually rarer.

• No-Claim Bonus:

The no-claim bonus or NCB reduces insurance costs if no claims are made during a policy year.

• Anti-theft devices:

Policyholders can install anti-theft devices on their Mercedes S-Class. Insurers charge reduced insurance premiums if such devices are installed.

Top Tips to Maintain Mercedes-Benz S-Class

Following these tips, you can effortlessly maintain your Mercedes-Benz S-Class vehicle:

 

• Ensure timely checking of the lubricant oil in your vehicle and change it if necessary

• Never avoid the notification and warning indicators that appear on the dashboard of your vehicle

• Drive carefully

• Examine tyre conditions from time to time

Mercedes-Benz S-Class Maintenance Cost

The maintenance cost of Mercedes-Benz S-Class petrol variant is Rs. 4.45 lakhs for 1 lakh kilometres or 5 years. The same for the diesel variant is Rs. 5.18 lakhs.

About Mercedes-Benz S-Class

Mercedes-Benz S-Class is an elegant sedan that comes in both petrol and diesel fuel variants. It can generate a massive power of up to 362.07bhp. Apart from the key features such as an air conditioner, anti-locking braking system (ABS), and driver/passenger airbags, it gives both comfort and safety to the passengers and drivers.

Variants of Mercedes-Benz S-Class

Let’s know about the variants of this Mercedes-Benz S-Class in detail:

The on-road prices of Mercedes-Benz S-Class are not the same across different cities. Here is the list of on-road prices of Mercedes-Benz S-Class car in some major cities:

The luxury Mercedes-Benz S-Class comes with a range of features enhancing convenience and comfort for the drivers and passengers. You can find all these below:

• Safety:

The vehicle comes with top-notch safety features, including ABS, anti-theft alarm, child safety locks, driver and passenger airbags, etc.

• Seat Capacity:

It provides a seating capacity for five people. So, it can be your suitable family car.

• Comfort:

You get unique features, such as AC, heater, air quality control, voice control and various other cool features with this luxury sedan.

• Suspension:

You can get substantially reduced vibration, noise and harshness of the road with AIRMATIC and air suspension, respectively, in front and back.

Conclusion

Knowing everything about Mercedes-Benz S-Class insurance will help owners pick the best policy by comparing all the available policies. In addition, they can visit Bajaj Markets to compare policies and their coverage to pick the best car insurance policy with the maximum coverage for their Mercedes.