2007 Mercedes-Benz E-Class Insurance Rates – 5 Ideas for Cheaper Quotes

I can’t think of a single person who looks forward to paying premiums for insurance, particularly when their premiums are through the roof. You have multiple insurers to purchase coverage from, and although it’s nice to be able to choose, it can be more difficult to adequately compare rates.

Consumers need to price shop coverage on a regular basis because prices are variable and change quite frequently. Just because you found the best deal for E-Class insurance last year a different company probably has better premium rates today. Forget all the misinformation about insurance because you’re going to learn how to quote online to remove unneeded coverages and save money.

Finding affordable coverage is not rocket science. If you have a policy now or are just looking to switch companies, you can learn to reduce the price you pay and still get good coverage. Drivers just need to know the tricks to compare rates online.

How to buy insurance coverage online

Getting cheap 2007 Mercedes-Benz E-Class insurance coverage pricing can be surprisingly simple. Drivers just need to take a couple of minutes comparing rates to see which company has the cheapest car insurance quotes. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  • The single most time-saving way to get quotes is an all-inclusive rate comparison like this one (opens in new window). This method prevents you from having to do separate quote forms for every prospective company. A single form gets you price quotes from many national carriers.
  • A slightly less efficient method to find more affordable insurance requires you to visit the website for every company you want to comare to complete a price quote. For examples sake, we’ll assume you want comparison quotes from Geico, Esurance and State Farm. To do that, you would have to navigate to each company’s site and type in your information over and over, which is not fast way to get rate quotes.

    For a list of links to companies insuring cars in your area, click here.

  • If you have time to kill, the last method to compare rates to and from local insurance agencies. Quoting online eliminates the middleman unless you’re the type of person who wants the professional assistance that only an agent can give. Some companies do allow you to get the lowest quotes online but buy from a local insurance agent.

Whichever method you choose, be sure you’re using apples-to-apples quote information with each company. If you have differing limits it will be very difficult to determine which company has the best rates.

The largest companies are not always cheapest

Drivers can’t get away from all the ads for auto insurance savings by companies like Progressive, Geico, Allstate and State Farm. All the ads make the same claim that people will save just by switching your auto insurance policy to them.

How does every company charge you less for car insurance?

Insurance providers are able to cherry pick for the type of customer that will be a good risk. For instance, this type of insured might be between 25 and 40, owns a home, and drives a safe vehicle. Any person that hits that “sweet spot” will probably get the lowest car insurance rates and therefore will save quite a bit of money when switching.

Consumers who cannot meet the requirements may be forced to pay a higher rate which results in the customer buying from someone else. The ads state “people that switch” not “everyone that quotes” can save as much as they claim. That’s the way companies can make claims like that. Because of this risk profiling, drivers must compare quotes as often as possible. It’s just too difficult to predict which auto insurance company will fit your personal profile best.

Use discounts to get cheaper insurance rates

Some providers don’t necessarily list all possible discounts very clearly, so we break down both the well known and the more hidden credits that may apply to you. If you do not check that you are getting every discount possible, you are just wasting money.

  • Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% on the premium charged for medical payments and/or PIP.
  • Student Driver Training – Make teen driver coverage more affordable by requiring them to take driver’s ed class in school or through a local driver safety program.
  • Early Payment Discounts – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
  • Government Employees – Being employed by or retired from a federal job could provide a small rate reduction for E-Class insurance with a few insurance companies.
  • Own a Home – Owning your own home or condo can help you save on insurance since home ownership requires a higher level of personal finance.

It’s important to note that most of the big mark downs will not be given to all coverage premiums. Most only apply to individual premiums such as comprehensive or collision. So when it seems like you can get free auto insurance, companies wouldn’t make money that way.

A few of the larger companies and some of the premium reductions they offer are included below.

  • State Farm discounts include student away at school, safe vehicle, Steer Clear safe driver discount, Drive Safe & Save, driver’s education, and passive restraint.
  • Geico may have discounts that include multi-vehicle, federal employee, military active duty, daytime running lights, and anti-lock brakes.
  • Progressive may offer discounts for homeowner, multi-vehicle, good student, multi-policy, online signing, and continuous coverage.
  • 21st Century has discounts for teen driver, early bird, theft prevention, anti-lock brakes, automatic seat belts, and defensive driver.
  • American Family includes discounts for Steer into Savings, good driver, good student, TimeAway discount, early bird, and multi-vehicle.
  • The Hartford may include discounts for good student, anti-theft, bundle, defensive driver, air bag, vehicle fuel type, and driver training.
  • AAA offers premium reductions for AAA membership discount, multi-car, pay-in-full, anti-theft, and education and occupation.

It’s a good idea to ask each company which discounts you qualify for. All car insurance discounts may not apply to policyholders in your area. To choose providers with discount rates, click here to view.

Tailor your auto insurance coverage to you

When it comes to choosing proper insurance coverage, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that For instance, these questions might point out whether or not you would benefit from professional advice.

  • Why is insurance for a teen driver so high?
  • What if I total my 2007 Mercedes-Benz E-Class and owe more than it’s worth?
  • Is rental equipment covered for theft or damage?
  • Do I pay less for low miles?
  • Is my cargo covered for damage or theft?
  • Does having multiple vehicles earn me a discount?
  • Does my personal policy cover me when driving out-of-state?
  • Should I have combined single limit or split liability limits?
  • Am I covered if my car is in a flood?

If you don’t know the answers to these questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, take a second and complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.

Parts of your insurance policy

Understanding the coverages of a insurance policy aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring. Shown next are the normal coverages offered by insurance companies.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for bills such as hospital visits, EMT expenses and pain medications. They are used in conjunction with a health insurance policy or if you do not have health coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Comprehensive coverage

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like falling objects, vandalism, hitting a deer and damage from a tornado or hurricane. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Collision insurance

Collision insurance pays for damage to your E-Class caused by collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like backing into a parked car, hitting a mailbox, damaging your car on a curb, sustaining damage from a pot hole and colliding with a tree. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz E-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Liability car insurance

This coverage provides protection from damage that occurs to people or other property in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which stand for a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things like funeral expenses, legal defense fees, structural damage, medical services and emergency aid. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Coverage on a shoestring budget

When buying insurance coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. In many cases, an insured cut full coverage and discovered at claim time that the small savings ended up costing them much more. Your objective should be to find the BEST coverage at a price you can afford but still have enough coverage for asset protection.

You just learned many tips how you can shop for 2007 Mercedes-Benz E-Class insurance online. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your car insurance rates. You may even discover the best rates are with a company that doesn’t do a lot of advertising. Regional companies can often provide lower car insurance rates in certain areas as compared to the big name companies such as Allstate, Geico and Progressive.

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