1995 Mercedes-Benz E-Class Insurance Rates

Looking for better insurance rates for your Mercedes-Benz E-Class? Expensive Mercedes-Benz E-Class insurance can draw down your monthly budget and force you to make sacrifices. Price shopping at each renewal can save money and help to cut your insurance bill.

Multiple car insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates and uncover the absolute lowest cost out there.

You should take the time to get comparison quotes yearly because prices are constantly changing. If you had the best quotes for E-Class coverage a couple years back you can probably find a lower rate today. Forget anything you know (or think you know) about insurance because it’s time to teach you how to quote online to properly buy coverages and cut your premium.

If you are paying for car insurance now, you should be able to cut costs considerably using these techniques. Finding the best rates is not that difficult. But vehicle owners do need to learn how companies sell online and take advantage of how the system works.

Why you might pay lower rates

The best way to find cheaper insurance coverage is to take a look at the different types of things that play a part in calculating the level of your policy premiums. If you have some idea of what influences your rates, this empowers consumers to make smart changes that can help you get lower rates.

Shown below are some of the factors utilized by car insurance companies to help set prices.

  • Drive less and save – The higher the miles on your Mercedes-Benz every year the higher your rate. Many insurance companies calculate prices determined by how the vehicle is used. Vehicles not used for work or commuting qualify for better rates than vehicles that are driven to work every day. An improperly rated E-Class is just wasting money. Make sure your insurance coverage policy properly reflects the correct driver usage, because it can save money.
  • Tickets increase prices – Whether or not you get tickets impacts your car insurance rates tremendously. Drivers who don’t get tickets pay lower auto insurance prices than bad drivers. Just one speeding ticket or other violation can bump up the cost forty percent or more. Drivers who have careless violations like DUI or reckless driving may find that they have to to prove financial responsibility with their state’s department of motor vehicles in order to prevent a license revocation.
  • Lower insurance coverage rates with uninterrupted coverage – Having a gap between insurance policy dates can be a guaranteed way to pay more for insurance coverage. In addition to paying higher premiums, getting caught without coverage will get you a hefty fine and possibly a revoked license.
  • Do you work long hours in a demanding job? – Did you know your job can affect your rates? Careers such as doctors, architects and medical professionals tend to pay higher average rates due to high stress levels and long work days. On the flip side, occupations such as professors, historians and performers generally pay rates lower than average for E-Class coverage.

Use discounts on insurance coverage

Companies that sell car insurance don’t always publicize every possible discount very well, so the list below contains a few of the more well known as well as some of the hidden ways to save on insurance coverage.

  • Accident Forgiveness Coverage – Not really a discount, but a few companies such as Progressive, Allstate, and Geico will allow you to have one accident without getting socked with a rate hike if your claims history is clear prior to being involved in the accident.
  • Payment Method – If you pay your bill all at once as opposed to paying monthly you may reduce your total bill.
  • Telematics Data Discounts – People who choose to allow their insurance company to scrutinize their driving habits through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates as long as the data is positive.
  • Memberships – Affiliation with qualifying clubs or civic groups can get you a small discount when shopping for insurance coverage.
  • Active Service Discounts – Being on active duty in the military could qualify you for better premium rates.
  • Multi-car Discount – Insuring multiple vehicles on a single policy can get a discount for every vehicle.
  • Life Insurance – Some companies give a break if you buy a life policy as well.
  • Resident Student – Older children who are enrolled in higher education away from home and leave their car at home could qualify for this discount.
  • Drive Less and Save – Driving less could be rewarded with cheaper prices.

We need to note that most discount credits are not given to the entire cost. Most only cut individual premiums such as collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, companies wouldn’t make money that way.

The best insurance coverage companies and their offered discounts are:

  • Farmers Insurance offers discounts including mature driver, early shopping, switch companies, youthful driver, and good student.
  • State Farm offers discounts for good driver, student away at school, multiple autos, Steer Clear safe driver discount, accident-free, and passive restraint.
  • Liberty Mutual has savings for safety features, newly retired, multi-car, good student, new vehicle discount, and multi-policy.
  • MetLife policyholders can earn discounts including good student, good driver, accident-free, claim-free, multi-policy, defensive driver
  • Progressive may include discounts for online signing, continuous coverage, multi-policy, homeowner, and online quote discount.

If you want cheaper insurance coverage quotes, ask every insurance company which discounts you qualify for. All car insurance discounts may not apply to policyholders in your area. To see a list of insurance coverage companies with discount insurance coverage rates, click here.

Don’t be fooled by advertising claims

Insurance providers like 21st Century, Allstate and State Farm constantly bombard you with ads on TV and radio. All the ads try to convey promises about saving some big amount if you just switch your policy. How does every insurance company have lower policy pricing? Just pay attention to how they say it.

Insurance companies look for specific characteristics for the type of customer that will generate a profit. A good example of a desirable insured might have to be over the age of 40, has no claims, and chooses high deductibles. Anyone that hits that “sweet spot” will probably get cheap prices and will pay quite a bit less when switching companies.

Insureds who are not a match for these criteria will get more expensive rates with the end result being the customer not buying. If you pay close attention to the ads, they say “drivers who switch” but not “all drivers who get quotes” save money. That is how companies can truthfully advertise the savings.

Each company has different criteria, so drivers should compare as many free insurance coverage quotes as you can. It is impossible to guess which insurance company will provide the lowest prices.

Tailor your insurance coverage coverage to you

When buying the right insurance coverage, there is no one size fits all plan. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions might point out whether or not you would benefit from an agent’s advice.

  • What if I don’t agree with a claim settlement offer?
  • What is medical payments coverage?
  • How can I get high-risk coverage after a DUI?
  • What vehicles should carry emergency assistance coverage?
  • Does car insurance cover theft of personal property?
  • Do I have newly-aquired coverage?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.

Auto insurance coverage information

Knowing the specifics of insurance can help you determine which coverages you need for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages found on most insurance policies.

Uninsured/Underinsured Motorist coverage – This gives you protection from other motorists when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your Mercedes-Benz E-Class.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Medical payments coverage and PIP – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for prosthetic devices, dental work, funeral costs and pain medications. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not universally available and may carry a deductible

Collision coverages – Collision insurance pays for damage to your E-Class resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as hitting a mailbox, backing into a parked car and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage – Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like fire damage, hail damage and damage from a tornado or hurricane. The maximum amount a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability insurance – This will cover injuries or damage you cause to a person or their property. It protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for things such as structural damage, loss of income, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Coverage on a shoestring budget

We covered many ideas to shop for 1995 Mercedes-Benz E-Class insurance online. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. Drivers may discover the best prices are with an unexpected company. Smaller companies may only write in your state and offer lower rates as compared to the big name companies such as Allstate and Progressive.

As you go through the steps to switch your coverage, it’s very important that you do not sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut comprehensive coverage or liability limits only to regret at claim time that it was a big error on their part. Your aim should be to buy enough coverage at the lowest possible cost, but do not sacrifice coverage to save money.

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