Save on 2018 Mercedes-Benz E-Class Insurance Rates

There isn’t anyone who looks forward to paying for insurance coverage, especially knowing they could get a better deal.

Insurance companies such as Geico, Farmers Insurance and State Farm constantly blast consumers with catchy ads and it is challenging if not impossible to avoid their marketing magic and effectively compare rates to find the best deal.

If you currently have car insurance, you will be able to cut costs considerably using these methods. Choosing the best insurance company for you is not rocket science. But consumers do need to learn the way insurance companies price online insurance because it can help you find the best coverage.

Four tips to get lower-cost insurance premiums

Lots of factors are considered when you get a price on insurance. Some are pretty understandable such as your driving record, but others are not as apparent like your continuous coverage or how financially stable you are.Part of the auto insurance buying process is learning the different types of things that are used to determine your premiums. When you understand what positively or negatively impacts your premiums, this allows you to make educated decisions that may reward you with lower auto insurance prices.

The itemized list below are a few of the “ingredients” used by insurance companies to determine your rate level.

• Safer the car lower the rate – Safe vehicles tend to have better insurance rates. Vehicles engineered for safety result in less severe injuries and reduced instances of injuries translates into savings for insurance companies and more competitive rates for policyholders. If your Mercedes-Benz E-Class earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
• File a policy claims and pay more – If you tend to file frequent claims, don’t be surprised to see higher premiums or even policy non-renewal. Insurance companies provide most affordable rates to drivers who are not frequent claim filers. Your insurance policy is intended to be relied upon for claims that you cannot pay yourself.
• Deter car thieves – Choosing a vehicle with advanced anti-theft systems can get you a discount on your auto insurance. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all hinder auto theft and help lower rates.
• Your address can impact prices – Being located in smaller towns and rural areas of the country is a positive aspect when insuring your vehicles. People who live in big cities regularly have more traffic problems and higher rates of accident claims. Fewer drivers corresponds to lower accident rates as well as less vandalism and auto theft.

The method we recommend to compare rates is to realize auto insurance companies actually pay money for the chance to give rate comparisons. All you need to do is provide information like how much school you completed, whether you are single or married, what your job is, and an estimate of your credit level. Your insurance information gets transmitted to multiple different insurance companies and they provide comparison quotes instantly to find the best rate.

Use discounts to get cheaper insurance quotes

Not too many consumers would say insurance is affordable, but there are discounts available that you may not even be aware of. Some of these disounts will be visible when you quote, but some need to be asked for before they will apply.

• Braking Control Discount – Cars, trucks, and SUVs with ABS braking systems or traction control can stop better under adverse conditions and earn discounts up to 10%.
• New Car Discount – Adding a new car to your policy can save up to 30% because newer vehicles keep occupants safer.
• 55 and Retired – Seniors can possibly qualify for a small decrease in premiums for E-Class coverage.
• Service Members Pay Less – Being on active duty in the military could be rewarded with lower rates.
• Accident Forgiveness Coverage – This one isn’t a discount, but a few companies such as Allstate and State Farm will forgive one accident without the usual rate increase if you are claim-free prior to being involved in the accident.
• Good Student – Being a good student can be rewarded with saving of up to 25%. The good student discount can last until age 25.
• Auto/Life Discount – Larger insurance carriers have a discount if you purchase life insurance from them.

Just know that most of the big mark downs will not be given the the whole policy. Most only reduce the price of certain insurance coverages like comp or med pay. So when it seems like you would end up receiving a 100% discount, you’re out of luck.

To view insurers with discount insurance rates, click here.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage for your vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so your insurance needs to address that. These are some specific questions can aid in determining whether you would benefit from an agent’s advice.

• Will I be non-renewed for getting a DUI or other conviction?
• Where can I find DUI or SR-22 insurance?
• What companies insure drivers after a DUI or DWI?
• Is my state a no-fault state?
• What discounts do I qualify for?
• Should I drop comprehensive coverage on older vehicles?

If you can’t answer these questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, simply complete this short form or go to this page to view a list of companies.

Insurance coverages explained

Learning about specific coverages of your policy can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverages offered by insurance companies.

Coverage for liability – This provides protection from damages or injuries you inflict on people or other property. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 which means a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability coverage protects against things such as bail bonds, medical expenses, loss of income and repair costs for stationary objects. How much coverage you buy is a personal decision, but consider buying higher limits if possible.

UM/UIM Coverage – Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as damage to your Mercedes-Benz E-Class.

Due to the fact that many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is important protection for you and your family.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as chiropractic care, rehabilitation expenses, dental work and funeral costs. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things such as hitting a bird, hitting a deer, hail damage, a broken windshield and damage from a tornado or hurricane. The most your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverages – This pays for damage to your E-Class resulting from a collision with another car or object. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a parking meter, driving through your garage door, crashing into a ditch and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Save your cold hard cash

When you buy car insurance online, never skimp on coverage in order to save money. There have been many situations where someone sacrificed liability limits or collision coverage only to regret that their decision to reduce coverage ended up costing them more. Your goal should be to buy a smart amount of coverage at the best possible price, not the least amount of coverage.

You just learned quite a bit of information on how to save on 2018 Mercedes-Benz E-Class insurance. The most important thing to understand is the more companies you get car insurance rates for, the better your comparison will be. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising. Some small companies may often insure only within specific states and give getter rates than their larger competitors like State Farm or Progressive.

Other resources

• Older Driver Statistics (Insurance Information Insitute)
• Distracted Driving Extends Beyond Texting (State Farm)
• Top Signs Your Brakes are Giving Out (State Farm)
• Air Bags: Potential Dangers to Your Children (Insurance Information Insitute)