Compare 1998 Mercedes-Benz E-Class Insurance Cost

Searching for better insurance rates for your Mercedes-Benz E-Class? Having to pay for expensive insurance can deplete your savings account and maybe even restrict other spending. Shopping your coverage around can help to lower your monthly bill.

Popular companies such as Geico, Farmers Insurance and State Farm continually hit you with advertising and it can be hard to separate fact from fiction and take the time to shop coverage around.

If you have insurance now or are shopping for new coverage, you can follow these tips to find better prices and still get good coverage. Finding the best rates is not rocket science. Drivers only need to know the most efficient way to compare rates over the internet.

Discounts for cheap car insurance rates

Car insurance companies don’t necessarily list every discount they offer very well, so we researched a few of the more common and also the lesser-known credits that you can use to lower your rates.

  • Student Discount for Driver Training – It’s a good idea to have your young drivers enroll and complete driver’s education if offered at their school.
  • Safe Drivers – Accident-free drivers may save up to 50% more for E-Class coverage than less cautious drivers.
  • Discount for Passive Restraints – Vehicles with factory air bags or motorized seat belts may get savings as much as 30%.
  • Military Rewards – Being on active duty in the military can result in better car insurance rates.
  • Theft Deterent System – Cars, trucks, and SUVs that have factory anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.

Just know that most credits do not apply to all coverage premiums. Most only cut specific coverage prices like comp or med pay. Despite the appearance that having all the discounts means you get insurance for free, it just doesn’t work that way.

Companies that may have these money-saving discounts are:

When comparing rates, check with all the companies what discounts are available to you. Some credits may not apply to policyholders in your area. For a list of providers that provide some of the discounts listed above, follow this link.

Compare free insurance coverage quotes

Cutting your insurance coverage rates is not rocket science. Consumers just need to spend a few minutes on the computer to compare free auto insurance quotes online from several insurance companies. It is quite easy and can be accomplished by following the guidelines below.

  1. The most efficient way consumers can analyze rates is a comparison rater form click here to open form in new window. This type of form keeps you from doing repetitive form submissions for every company. Just one form gets rate comparisons from insurance coverage companies with the best prices.
  2. A different way to get comparison quotes requires visiting the website for every company you want to comare and go through the quote process again. For examples sake, let’s say you want to compare Allstate, Progressive and State Farm. In order to compare rates, you need to go to every website to input your insurance information, which is why first method is reommended. To view a list of companies in your area, click here.
  3. The most difficult method of getting rate comparisons is actually driving to local insurance agencies. Doing it all online has made agencies unnecessary unless you’re the type of person who wants the extra assistance that you can only get from talking to an agent. It is possible with some companies compare the best prices online but buy the policy through an agent.

Whichever way you choose to compare rates, try to keep nearly identical coverage information for each price quote. If you enter unequal deductibles or liability limits it will be next to impossible to make a fair rate comparison.

Why informed consumers pay less for Mercedes-Benz E-Class insurance

It’s important that you understand some of the elements that help determine the level of your policy premiums. If you understand what influences your rates, this enables you to make decisions that could help you find cheaper rates. Many different elements are part of the equation when you quote your car insurance policy. A few of the factors are predictable such as your driving record, although some other factors are more transparent such as your credit history or your vehicle rating.

The following are some of the most common factors insurance companies consider when setting prices.

  • Vehicles with better crash test results save money – Safe vehicles tend to have better insurance rates. These vehicles have better occupant injury protection and any reduction in injury severity translates directly to fewer claims which can result in lower premiums.
  • Your stress level may be raising your prices – Careers like fire fighters, architects and accountants tend to pay higher rates than the rest of us due to job stress and incredibly demanding work hours. Other professions such as actors, students and performers have the lowest average rates for E-Class coverage.
  • GPS tracking and theft deterrents lower rates – Selecting a car model with advanced anti-theft systems can help lower your rates. Anti-theft devices like vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help prevent car theft.
  • Physical damage deductibles – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your vehicle. Some coverage claims would be running into the backend of another car, damage from fire, and damage from a fallen tree branch. The deductibles you choose are how much the insured will be required to pay in the event of a claim. The more you are required to pay out-of-pocket, the bigger discount you will receive for E-Class coverage.
  • How much liability – The liability coverage on your policy kicks in when a court rules you are at fault for personal injury or accident damage. Your liability coverage provides legal defense coverage which can cost a lot. Liability insurance is pretty cheap when compared with rates for comp and collision, so drivers should carry high limits.
  • Claim-free discounts can add up – If you’re an insured who likes to file claims you can pretty much guarantee much higher rates or policy non-renewal. Auto insurance companies award better rates to insureds who only file infrequent claims. Insurance coverage is intended to be relied upon for more catestrophic claims.

Tailor your insurance coverage coverage to you

When buying proper insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different so your insurance should reflect that These are some specific questions may help highlight whether you may require specific advice.

  • Are there companies who specialize in insuring high-risk drivers?
  • Can I make deliveries for my home business?
  • Is my Mercedes-Benz E-Class covered if I use it for business?
  • What is the rate difference between pleasure use and commuting?
  • I have a DUI can I still get coverage?
  • I have health insurance so do I need medical payments coverage?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

Car insurance advertising gotchas

Consumers can’t escape the ads that claim the lowest prices by companies like 21st Century, Allstate and State Farm. They all have a common claim about savings after switching your policy.

How do they all charge you a lower premium?

All the different companies quote their cheapest rates for the type of customer that is profitable for them. For instance, this type of driver may be between the ages of 40 and 55, has a low-risk occupation, and drives less than 7,500 miles a year. Any new insured that hits that “sweet spot” will get low premium rates and will probably save money with a new company.

Drivers who do not meet these standards must pay a higher rate which translates to the customer not purchasing. The ads say “people who switch” not “everyone who quotes” save that much money. This is how insurance companies can confidently make it sound like they have such great premium rates.

Because of this risk profiling, you need to quote coverage with many companies. Because without a comparison, you cannot know with any certainty which company will have the lowest rates.

Insurance coverages and their meanings

Learning about specific coverages of your insurance policy aids in choosing the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Coverage for liability

Liability coverage protects you from damage that occurs to a person or their property by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 that translate to $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit rather than limiting it on a per person basis.

Liability insurance covers things such as medical services, repair bills for other people’s vehicles and court costs. How much liability coverage do you need? That is up to you, but buy as much as you can afford.

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as theft, rock chips in glass, hail damage and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision insurance

This covers damage to your E-Class from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sustaining damage from a pot hole, colliding with another moving vehicle and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. It can pay for 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. This is the reason having UM/UIM coverage is a good idea. Frequently these coverages are set the same as your liablity limits.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for funeral costs, ambulance fees and X-ray expenses. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Power to the consumer

Throughout this article, we presented many tips how you can compare 1998 Mercedes-Benz E-Class insurance prices online. The key thing to remember is the more price quotes you have, the higher the chance of saving money. You may be surprised to find that the biggest savings come from the least-expected company. Regional companies can often provide lower rates in certain areas as compared to the big name companies such as Allstate, Geico and Progressive.

When shopping online for car insurance, never sacrifice coverage to reduce premiums. In too many instances, an accident victim reduced uninsured motorist or liability limits only to regret that they should have had better coverage. The proper strategy is to purchase a proper amount of coverage for the lowest price but still have enough coverage for asset protection.

A few companies do not provide online price quotes and most of the time these smaller companies sell through independent insurance agencies. Cheaper 1998 Mercedes-Benz E-Class insurance can be purchased from both online companies and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis.

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