2003 Mercedes-Benz E-Class Insurance Quotes – 8 Ways to Save

Searching for lower car insurance rates for your Mercedes-Benz E-Class? Are you confused by the dozens of car insurance choices in your area? You’re not alone. You have so many options that it is a ton of work to find lower car insurance rates.

Earn discounts on insurance

Insurance is not cheap nor is it fun to buy but you might already qualify for some discounts to reduce the price significantly. Many discounts should be triggered when you purchase, but some may not be applied and must be manually applied before being credited. If you check and find you aren’t receiving every discount available, you’re paying more than you need to.

  • Cautious Driver Discounts – Drivers without accidents could pay up to 40% less for E-Class insurance than their less cautious counterparts.
  • Discounts for Seat Belt Usage – Buckling up and requiring all passengers to buckle up before driving could save 15% on the medical payments or PIP coverage costs.
  • Lower Rates for Military – Being deployed in the military may qualify for rate reductions.
  • Resident Student – Older children who live away from home at college without a vehicle on campus can receive lower rates.
  • Theft Deterent Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen with less frequency and can earn a small discount on your policy.
  • New Vehicle Savings – Buying insurance on a new vehicle can get you a discount since new model year vehicles are generally safer.
  • Bundle and Save – When you have multiple policies with one insurance company you may earn up to 20% and get you the cheapest insurance.
  • More Vehicles More Savings – Buying insurance for multiple cars or trucks on a single policy could earn a price break for each car.

One thing to note about discounts is that most discounts do not apply to all coverage premiums. The majority will only reduce individual premiums such as comp or med pay. Despite the fact that it seems like adding up those discounts means a free policy, that’s just not realistic.

A few of the larger companies and some of the discounts are outlined below.

  • State Farm has discounts for accident-free, Drive Safe & Save, anti-theft, driver’s education, student away at school, and multiple policy.
  • Farmers Insurance offers discounts including multi-car, early shopping, good student, mature driver, pay in full, and business and professional.
  • Progressive may offer discounts for multi-vehicle, good student, multi-policy, homeowner, continuous coverage, and online signing.
  • Geico includes discounts for driver training, membership and employees, seat belt use, anti-theft, good student, and federal employee.
  • Auto-Owners Insurance may include discounts for group or association, air bags, multiple vehicles, mature driver, paid in full, and teen driver.
  • The Hartford discounts include air bag, bundle, driver training, anti-theft, vehicle fuel type, and good student.
  • Farm Bureau offers premium reductions for youthful driver, safe driver, multi-vehicle, renewal discount, driver training, and good student.
  • USAA offers discounts for annual mileage, driver training, new vehicle, defensive driver, military installation, good student, and vehicle storage.

If you need lower rates, check with each company what discounts are available to you. Some discounts might not apply everywhere. To see insurance companies who offer free insurance quotes, click this link.

Compare auto insurance price quotes online

Comparing auto insurance rates can be a daunting task if you don’t utilize the best way to get rate quotes. You can waste hours talking about coverages with local insurance agents in your area, or you can stay home and use the web to get rates in a matter of minutes.

Many insurance companies enroll in a system that enables customers to enter their policy data once, and each participating company returns a rated price based on the submitted data. This saves time by eliminating repetitive form submissions for each company you want a rate for. To find out how much you can save on auto insurance click here to open in new window.

The one disadvantage to using this type of system is you don’t know exactly which carriers to get pricing from. So if you prefer to choose individual companies to request quotes from, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.

You can use whichever method you prefer to find lower rates, just try to use nearly identical coverage limits and deductibles on every quote you get. If your comparisons have different liability limits it will be next to impossible to find the best deal for your Mercedes-Benz E-Class. Even a minor difference in insurance coverages or limits could skew the results. And when price shopping your coverage, making a lot of price comparisons helps you find a lower rate. Not every company allows you to get quotes online, so you also need to get price estimates from the smaller companies as well.

Tailor your insurance coverage to you

When buying proper insurance coverage, there isn’t really a single plan that fits everyone. Every situation is different.

Here are some questions about coverages that might point out whether your personal situation would benefit from professional advice.

  • Who is covered when they drive my 2003 Mercedes-Benz E-Class?
  • Do I have newly-aquired coverage?
  • When would I need rental car insurance?
  • Is my trailer covered?
  • Is my teen driver covered when they drive my company car?
  • Does my policy cover me when driving someone else’s vehicle?
  • Am I covered when driving a rental car?
  • Is my state a no-fault state?
  • Can I rate high risk drivers on liability-only vehicles?
  • Does my policy pay for OEM or aftermarket parts?

If you don’t know the answers to these questions, you might consider talking to an insurance agent. To find an agent in your area, fill out this quick form.

Car insurance coverage information

Knowing the specifics of your policy helps when choosing the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and coverage can change by endorsement.

Coverage for medical expenses – Coverage for medical payments and/or PIP pay for bills such as X-ray expenses, chiropractic care, prosthetic devices, surgery and hospital visits. The coverages can be used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers being hit by a car walking across the street. PIP coverage is not universally available and gives slightly broader coverage than med pay

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants as well as damage to your Mercedes-Benz E-Class.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Auto liability insurance – Liability coverage will cover injuries or damage you cause to a person or their property. It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things like court costs, medical expenses, funeral expenses and structural damage. How much liability coverage do you need? That is up to you, but you should buy as much as you can afford.

Comprehensive car insurance – This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as damage from a tornado or hurricane, theft, hail damage, a broken windshield and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision coverage – This pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then your collision coverage will kick in.

Collision can pay for claims such as scraping a guard rail, colliding with another moving vehicle, crashing into a ditch, colliding with a tree and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Knowledge is power

We just covered quite a bit of information on how to reduce 2003 Mercedes-Benz E-Class insurance prices online. The most important thing to understand is the more providers you compare, the higher the chance of saving money. Consumers may even find the lowest prices are with some of the smallest insurance companies.

Drivers change insurance companies for any number of reasons including being labeled a high risk driver, policy cancellation, an unsatisfactory settlement offer and even lack of trust in their agent. It doesn’t matter what your reason, finding the right insurance coverage provider is easier than you think.

Cheaper insurance coverage is available on the web and from local agencies, so you need to shop insurance with both in order to have the best chance of saving money. Some companies may not provide the ability to get quotes online and most of the time these small insurance companies work with independent agencies.

For more information, feel free to visit the articles below: