Compare 2001 Mercedes-Benz E-Class Car Insurance Quotes

Tired of trying to scrape together enough money each month for car insurance? You are no different than many other vehicle owners.

Popular companies such as State Farm, Geico and Farmers Insurance persitently shower you with advertising and consumers find it hard to ignore the flying pigs and cute green geckos and effectively compare rates to find the best deal.

If you have car insurance now, you should be able to cut costs considerably using these techniques. Buying car insurance is not rocket science. Although vehicle owners need to have an understanding of the way companies price online insurance and take advantage of how the system works.

The best way we recommend to compare policy rates is to know the fact most of the bigger providers provide online access to give free rates quotes. To begin a comparison, all you need to do is give them rating details like level of coverage desired, what you do for a living, if you have an active license, and whether you are married. That rating information is then sent to multiple different insurance companies and you will receive price estimates very quickly.

The insurance bait and switch

Companies like 21st Century, Allstate and State Farm endlessly run ads on television and other media. They all seem to make the promise that drivers will save a bundle just by moving to them. That’s great but how can every company claim to save you money? It’s all in how they say it.

All companies quote their cheapest rates for the type of driver they prefer to insure. A good example of this type of risk profile should be between the ages of 40 and 55, has few claims, and drives a lower-performance vehicle. Any person who fits that profile gets the lowest car insurance rates and will save money with a new company.

Drivers who don’t meet those standards will be charged higher premium rates and ends up with the customer buying from a different company. The ad wording is “people who switch” not “all people who quote” will save that much if they switch. That’s the way companies can truthfully make it sound like they have such great car insurance rates.

Because of these techniques, you really need to get price quotes at each policy renewal. Because without a comparison, you cannot know the company that will fit your personal profile best.

How insurance companies calculate Mercedes-Benz E-Class insurance costs

Smart consumers have a good feel for the different types of things that play a part in calculating your car insurance rates. If you have a feel for what positively or negatively impacts your premiums, this allows you to make educated decisions that may result in lower rates.

The list below includes some of the major factors used by your company to calculate premiums.

  • Never let your car insurance policy lapse – Having a lapse in insurance coverage can be a guaranteed way to increase your rates. Not only will you pay more, not being able to provide proof of insurance could result in a hefty fine and possibly a revoked license.
  • Are women or men drivers cheaper? – Statistics have proven that females take fewer risks when driving. However, this does not mean females are better drivers. Males and females are responsible for fender benders in similar numbers, but the male of the species cause more damage and cost insurance companies more money. In addition to higher claims, males also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly. Male teenagers have the highest risk to insure so they pay the highest premiums.
  • An active claims history can cost more – Insurance companies give lower rates to drivers who only file infrequent claims. If you’re an insured who likes to file claims you can look forward to either a policy non-renewal or much higher rates. Insurance coverage is intended for more catestrophic claims.
  • What’s your car’s safety rating? – Cars with five star safety ratings tend to be cheaper to insure. Safer cars reduce occupant injuries and any reduction in injury severity translates into savings for insurance companies passed on to you as lower rates. If your Mercedes-Benz E-Class has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.

Don’t overlook these insurance discounts

Auto insurance companies do not advertise all possible discounts in a way that’s easy to find, so the following list contains both the well known and also the more inconspicuous credits available to you. If you don’t get every credit possible, you’re paying more than you need to.

  • Save with More Vehicles Insured – Having multiple cars or trucks with the same insurance company can get a discount for every vehicle.
  • Discount for Multiple Policies – If you can combine your auto and homeowners policy with the same company you could get a discount of over 10 percent off each policy depending on the company.
  • Full Payment Discount – By paying your policy upfront rather than paying in monthly installments you could save 5% or more.
  • Distant Student Discount – Youth drivers who are enrolled in higher education away from home without a vehicle on campus could qualify for this discount.
  • Good Grades Discount – Being a good student can earn a discount of 20% or more. The good student discount can last until age 25.
  • Federal Employees – Simply working for the federal government could cut as much as 10% off on E-Class insurance but check with your company.

A little disclaimer on discounts, some of the credits will not apply to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. So when it seems like all the discounts add up to a free policy, company stockholders wouldn’t be very happy.

Popular insurance companies and their possible discounts are shown below.

  • Progressive has discounts for multi-policy, online quote discount, homeowner, multi-vehicle, and online signing.
  • MetLife offers discounts for multi-policy, good student, good driver, defensive driver, accident-free, claim-free
  • Mercury Insurance has savings for good driver, annual mileage, low natural disaster claims, multi-car, and age of vehicle.
  • Nationwide may have discounts that include business or organization, good student, family plan, defensive driving, accident-free, and anti-theft.
  • Geico offers premium reductions for anti-lock brakes, defensive driver, seat belt use, anti-theft, driver training, five-year accident-free, and air bags.
  • AAA may offer discounts for good driver, multi-car, education and occupation, anti-theft, pay-in-full, AAA membership discount, and good student.

If you need lower rates, check with each company which discounts they offer. Some credits may not apply to policyholders in your area. To see insurance companies with discount rates, follow this link.

When to get professional advice

When it comes to choosing coverage, there really is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs so this has to be addressed. For instance, these questions can aid in determining whether your personal situation may require specific advice.

  • Should I drop comprehensive coverage on older vehicles?
  • When would I need additional glass coverage?
  • Should I buy full coverage?
  • When should my teen driver be added to my policy?
  • Will my rates increase for filing one claim?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Why does it cost so much to insure a teen driver?

If you don’t know the answers to these questions but you know they apply to you, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Car insurance coverage specifics

Knowing the specifics of your policy aids in choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are the usual coverages found on most car insurance policies.

Collision coverages – Collision coverage pays to fix your vehicle from damage caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for claims such as hitting a parking meter, sideswiping another vehicle, crashing into a building and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to increase the deductible to get cheaper collision coverage.

Comprehensive (Other than Collision) – This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as vandalism, hitting a bird, fire damage, falling objects and damage from a tornado or hurricane. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – Your UM/UIM coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your 2001 Mercedes-Benz E-Class.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally these limits are set the same as your liablity limits.

Liability coverages – This provides protection from damage or injury you incur to other people or property in an accident. This coverage protects you from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Another option is a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things like court costs, attorney fees and repair bills for other people’s vehicles. How much liability coverage do you need? That is a personal decision, but you should buy as large an amount as possible.

Medical expense insurance – Medical payments and Personal Injury Protection insurance pay for immediate expenses such as chiropractic care, prosthetic devices, ambulance fees and doctor visits. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. They cover you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Don’t be a big spender

We just presented some good ideas how you can lower your 2001 Mercedes-Benz E-Class insurance rates. It’s most important to understand that the more times you quote, the better chance you’ll have of finding inexpensive car insurance. You may even discover the lowest rates are with a company that doesn’t do a lot of advertising. These smaller insurers may only write in your state and offer lower car insurance rates as compared to the big name companies such as State Farm, Geico and Nationwide.

Some companies don’t offer the ability to get quotes online smaller companies work with independent agencies. Lower-priced 2001 Mercedes-Benz E-Class insurance can be sourced online as well as from insurance agents, and you should compare rates from both in order to have the best price selection to choose from.

More information is located at the links below