View 1997 Mercedes-Benz E-Class Insurance Cost

Want the cheapest insurance rates for your Mercedes-Benz E-Class? Have you had enough of robbing Peter to pay Paul to pay your car insurance bill each month? You are in the same boat as millions of other consumers. Having so many companies to choose from, it can be diffult for consumers to choose the right company.

Pay less by taking advantage of discounts

Properly insuring your vehicles can get expensive, but there are discounts available to help offset the cost. A few discounts will automatically apply at quote time, but lesser-known reductions have to be inquired about before you get the savings. If they aren’t giving you every credit you qualify for, you are throwing money away.

  • Multiple Policy Discount – If you have multiple policies with one insurance company you could get a discount of approximately 10% to 15%.
  • Senior Discount – If you’re over the age of 55, you may receive reduced rates for E-Class insurance.
  • Low Mileage Discounts – Fewer annual miles on your Mercedes-Benz can qualify you for discounted rates on garaged vehicles.
  • Discount for Good Grades – Performing well in school can get you a discount of up to 25%. This discount can apply up until you turn 25.
  • Employee of Federal Government – Simply working for the federal government can earn a discount up to 10% for E-Class insurance depending on your company.
  • Life Insurance – Larger companies have lower rates if you buy life insurance from them.
  • Seat Belts Save more than Lives – Requiring all passengers to use their safety belts could cut 10% or more off your medical payments premium.
  • Accident Forgiveness – Some insurance companies will allow you to have one accident before raising your premiums if your claims history is clear for a certain period of time.
  • Paperless Signup – Certain companies give back up to $50 simply for signing on their website.
  • Defensive Driver – Taking part in a driver safety course could save 5% or more and easily recoup the cost of the course.

Drivers should understand that some of the credits will not apply to all coverage premiums. Most cut individual premiums such as liability and collision coverage. So when it seems like it’s possible to get free car insurance, it doesn’t quite work that way. But all discounts will bring down your premiums.

For a list of companies who offer car insurance discounts, click this link.

Mercedes-Benz E-Class rates are complex

Consumers need to have an understanding of the rating factors that play a part in calculating your car insurance rates. Knowing what influences your rates helps enable you to make changes that could result in much lower annual insurance costs.

  • Equipment add-ons that lower car insurance rates – Owning a car with a theft deterrent system can get you a discount on your car insurance. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.
  • Pay less if you’re married – Being married can get you a discount on your car insurance policy. Marriage usually means you are more mature than a single person it has been statistically shown that married drivers get in fewer accidents.
  • Better crash test results mean better rates – Vehicles with high crash test scores can get you lower premiums. These vehicles reduce injuries and any reduction in injury severity translates into savings for insurance companies and more competitive rates for policyholders. If your Mercedes-Benz has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
  • Do you need the policy add-ons? – There are a ton of extra coverages that can waste your money if you aren’t careful. Coverages for personal injury protection, accident forgiveness and term life insurance may be costing you every month. They may seem good at first, but if they’re wasting money eliminate them to save money.
  • Bump up deductibles to save – Physical damage coverage, also known as collision and other-than-collision, protects your Mercedes-Benz from damage. Some instances where coverage would apply would be colliding with a building, collision with an animal, and rolling your vehicle. The deductibles are the amount of money you are required to spend out-of-pocket in the event of a claim. The higher the amount you are required to pay out-of-pocket, the lower your rates will be for E-Class insurance.

Your coverage should be tailored to you

When choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Every situation is different so this has to be addressed. For instance, these questions can help discover whether your personal situation will benefit from professional help.

  • Where can I find high-risk insurance?
  • When do I need to add a new car to my policy?
  • Why do I only qualify for high-risk insurance?
  • Do I benefit by insuring my home with the same company?
  • Which is better, split liability limits or combined limits?
  • When should I remove comp and collision on my 1997 Mercedes-Benz E-Class?
  • Can I get a multi-policy discount?
  • Do I need PIP coverage since I have good health insurance?
  • How much liability do I need to cover my assets?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and can provide invaluable advice.

The fine print in insurance ads

Consumers constantly see and hear ads that promise big savings from the likes of Progressive, Allstate and Geico. All the companies have a common claim of big savings if you move your coverage to them.

How do they all claim to save you money?

Different companies are able to cherry pick for the driver that earns them a profit. A good example of a driver they prefer might be over the age of 40, owns a home, and chooses high deductibles. A customer who meets those qualifications receives the best rates and most likely will save when switching.

Drivers who don’t meet these standards must pay a more expensive rate which leads to business going elsewhere. The ads state “people who switch” but not “drivers who get quotes” save that kind of money. That’s the way insurance companies can state the savings.

This illustrates why you absolutely need to get a wide range of price quotes. Because you never know the company that will fit your personal profile best.

Auto insurance coverage information

Understanding the coverages of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and even agents have difficulty translating policy wording. Listed below are the normal coverages found on the average insurance policy.

Auto liability – Liability insurance provides protection from injuries or damage you cause to other’s property or people that is your fault. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined single limit or CSL which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for claims such as medical services, repair bills for other people’s vehicles and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as large an amount as possible.

Collision coverages – Collision insurance pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for things like colliding with another moving vehicle, damaging your car on a curb, hitting a parking meter, sideswiping another vehicle and driving through your garage door. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. Another option is to increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM) – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and damage to your 1997 Mercedes-Benz E-Class.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is important protection for you and your family. Normally these limits are similar to your liability insurance amounts.

Comprehensive insurance – Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as theft, damage from getting keyed and rock chips in glass. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance kick in for expenses such as nursing services, X-ray expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Be a money saver!

We just presented many ways to shop for 1997 Mercedes-Benz E-Class insurance online. The key thing to remember is the more you quote, the higher the chance of saving money. Drivers may discover the lowest priced insurance comes from a small local company. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Allstate and Progressive.

Cost effective insurance is possible on the web and with local insurance agents, and you should compare price quotes from both so you have a total pricing picture. Some companies do not offer the ability to get a quote online and these small insurance companies work with independent agents.

Additional information can be read on the following sites: