2005 Mercedes-Benz E-Class Car Insurance Cost – 9 Tricks for Best Prices

Drivers have a choice when trying to find affordable Mercedes-Benz E-Class insurance. They can either spend hours driving around trying to get quotes or use the internet to make rate comparisons. There are both good and bad ways to shop for car insurance and you need to know the absolute fastest way to compare rates for a new or used Mercedes-Benz and find the lowest price either online or from local insurance agents.

It’s a great practice to get comparison quotes on a regular basis because insurance prices are constantly changing. Just because you had the best rates on E-Class coverage a few years ago you may be paying too much now. There is a lot of bad advice regarding car insurance on the web, but we’re going to give you some excellent ideas to put money back in your pocket.

The fastest way that we advise to compare rate quotes is to know the fact most of the bigger providers participate in a system to give you rate quotes. All you need to do is provide details including driver ages, if it has an anti-theft system, the make and model of your vehicles, and whether you have decent credit. That information is instantly provided to many of the top insurers and they return quotes very quickly.

More discounts mean affordable premiums

The cost of insuring your cars can be expensive, but you might be missing out on some discounts to help bring down the price. Certain credits will be shown at the time you complete a quote, but a few must be manually applied before they will apply.

  • Multiple Cars – Drivers who insure multiple cars with one company can reduce the rates for all insured vehicles.
  • Driver Education Discount – Reduce the cost of insurance for teen drivers by having them successfully complete driver’s ed class if it’s offered in school.
  • Safety Course Discount – Completing a course teaching driver safety skills could cut 5% off your bill depending on where you live.
  • Anti-lock Brake System – Cars with ABS and/or traction control prevent accidents and the ABS can save up to 10%.
  • Low Mileage Discounts – Low mileage vehicles may enable drivers to earn slightly better prices than normal.
  • First Accident Forgiveness – This one isn’t a discount, but a handful of insurance companies will let one accident slide before they charge you more for coverage if your claims history is clear for a particular time prior to the accident.
  • Theft Prevention System – Cars optioned with advanced anti-theft systems help deter theft and that can save you a little bit as well.
  • Senior Discount – Older drivers could receive better auto insurance rates on E-Class coverage.
  • Paperless Signup – Certain insurance companies will provide an incentive for signing up on the web.

Consumers should know that most credits do not apply to the overall cost of the policy. Most only cut specific coverage prices like comp or med pay. Despite the fact that it seems like you could get a free auto insurance policy, it just doesn’t work that way.

A list of companies and some of the discounts can be read below.

  • Geico offers discounts including five-year accident-free, military active duty, anti-theft, driver training, and federal employee.
  • MetLife offers premium reductions for multi-policy, defensive driver, accident-free, good student, and good driver.
  • Progressive policyholders can earn discounts including multi-vehicle, online quote discount, good student, multi-policy, homeowner, and online signing.
  • Travelers discounts include early quote, home ownership, multi-policy, driver training, continuous insurance, and good student.
  • SAFECO may have discounts that include multi-car, teen safety rewards, drive less, teen safe driver, anti-theft, and homeowner.
  • AAA may offer discounts for multi-policy, AAA membership discount, multi-car, good driver, and education and occupation.

If you want affordable insurance coverage quotes, ask every company how you can save money. Discounts might not be available to policyholders everywhere. If you would like to see a list of insurance companies that offer discounts, click here to view.

It’s not one size fits all

When it comes to choosing the right insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Coverage needs to be tailored to your specific needs.

These are some specific questions may help you determine whether or not you would benefit from an agent’s advice.

  • Does my medical payments coverage pay my health insurance deductible?
  • Is my trailer covered?
  • Are rock chip repairs covered?
  • Do I pay less for low miles?
  • What are the financial responsibility laws in my state?
  • When would I need rental car insurance?
  • Are my friends covered when driving my 2005 Mercedes-Benz E-Class?
  • Is my vehicle covered by my employer’s policy when using it for work?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, simply complete this short form. It’s fast, doesn’t cost anything and may give you better protection.

Auto insurance advertisements

Drivers constantly see and hear ads that promise big savings by Geico, State Farm and Progressive. All the ads advertise claims that drivers will save a bundle if you switch your coverage to them.

How does each company make the same claim?

Companies have a preferred profile for the driver that will most likely be profitable. For example, a profitable risk profile might have to be between the ages of 30 and 50, insures multiple vehicles, and has a short commute. A customer getting a price quote that fits those parameters is entitled to the best price and as a result will probably save when switching.

People who cannot meet this ideal profile will have to pay a higher premium which results in the customer buying from someone else. If you listen to the ad wording, they say “drivers that switch” not “everyone that quotes” save that much. That is how companies can truthfully state the savings. Different companies use different criteria so it’s extremely important to do a price quote comparison at every renewal. It is impossible to predict the company that will have the best prices.

Auto insurance coverages

Having a good grasp of your auto insurance policy helps when choosing the best coverages for your vehicles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Auto collision coverage

Collision insurance pays for damage to your E-Class from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as damaging your car on a curb, driving through your garage door, crashing into a ditch and scraping a guard rail. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses for nursing services, doctor visits, pain medications and prosthetic devices. They can be used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle’s occupants when other motorists either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Liability

This protects you from damage or injury you incur to other people or property that is your fault. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as emergency aid, loss of income and medical expenses. How much liability should you purchase? That is your choice, but buy as high a limit as you can afford.

Comprehensive insurance

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for claims like a tree branch falling on your vehicle, fire damage, falling objects and rock chips in glass. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Quote more. Save more.

When buying insurance coverage, it’s not a good idea to reduce needed coverages to save money. In many instances, drivers have reduced liability limits or collision coverage and learned later that the savings was not a smart move. Your goal should be to get the best coverage possible at the best cost, but do not sacrifice coverage to save money.

Lower-priced insurance is available from both online companies and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some insurance companies may not have rate quotes online and most of the time these smaller providers only sell through independent agencies.

Drivers who switch companies do it for any number of reasons including delays in responding to claim requests, delays in paying claims, lack of trust in their agent or even high prices. Regardless of your reason for switching companies, finding a great new company is not as hard as you think.

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