2000 Mercedes-Benz E-Class Car Insurance Rates

Looking for the cheapest auto insurance rates for your Mercedes-Benz E-Class? Tired of trying to scrape together enough money to pay your car insurance bill each month? You are no different than many other consumers. Having so many options, it can be challenging to find the cheapest insurance company.

Take discounts and save

Insurance can be prohibitively expensive, but there could be available discounts to reduce the price significantly. Some discounts apply automatically at the time you complete a quote, but some may not be applied and must be asked about before you will receive the discount. If you aren’t receiving every discount possible, you are paying more than you should be.

  • Payment Discounts – If paying your policy premium upfront instead of monthly or quarterly installments you could save 5% or more.
  • Discount for Swiching Early – A few companies offer discounts for switching to them before your current policy expires. The savings is around 10%.
  • Use Seat Belts – Requiring all passengers to use their safety belts could cut 10% or more on the medical payments or PIP coverage costs.
  • Save over 55 – If you qualify as a senior citizen, you can possibly qualify for better insurance rates for E-Class coverage.
  • Driver Safety – Taking part in a course in driver safety could cut 5% off your bill and easily recoup the cost of the course.
  • Service Members Pay Less – Having a deployed family member can result in better rates.
  • New Car Discount – Buying coverage on a new vehicle can be considerably cheaper due to better safety requirements for new cars.

It’s important to understand that most of the big mark downs will not be given the the whole policy. Some only apply to the cost of specific coverages such as collision or personal injury protection. So when it seems like all the discounts add up to a free policy, it just doesn’t work that way. But all discounts will bring down the amount you have to pay.

Companies that may have these discounts may include but are not limited to:

Before buying, ask every prospective company which discounts they offer. Some discounts may not be available in your area.

Which policy gives me the best coverage?

When choosing proper insurance coverage, there isn’t really a best way to insure your cars. Each situation is unique so your insurance should reflect that Here are some questions about coverages that may help highlight whether your personal situation would benefit from professional advice.

  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Do I need special endorsements for business use of my vehicle?
  • Should I have combined single limit or split liability limits?
  • Do all my vehicles need collision coverage?
  • Am I covered if I crash into my own garage door?
  • Should I have a commercial auto policy?
  • Do I have any recourse if my insurance company denies a claim?
  • Why am I required to buy high-risk coverage?

If it’s difficult to answer those questions but you think they might apply to your situation, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and can provide invaluable advice.

Insurance coverage specifics

Learning about specific coverages of your insurance policy helps when choosing which coverages you need and the correct deductibles and limits. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are the usual coverages found on most insurance policies.

Coverage for medical payments

Med pay and PIP coverage provide coverage for short-term medical expenses for things like doctor visits, chiropractic care, ambulance fees and nursing services. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers if you are hit as a while walking down the street. PIP is not available in all states and may carry a deductible

Collision insurance

This coverage covers damage to your E-Class from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, driving through your garage door and scraping a guard rail. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to save money on collision insurance.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz E-Class.

Since a lot of drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits do not exceed the liability coverage limits.

Liability

Liability insurance protects you from damages or injuries you inflict on other people or property in an accident. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 that translate to a $100,000 limit per person for injuries, $300,000 for the entire accident, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability insurance covers things such as repair costs for stationary objects, medical expenses, loss of income, attorney fees and pain and suffering. How much liability should you purchase? That is up to you, but consider buying higher limits if possible.

Comprehensive coverages

This covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things like damage from flooding, hail damage, theft, vandalism and hitting a deer. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Don’t break the bank

We just covered many ideas to reduce 2000 Mercedes-Benz E-Class insurance prices online. The key concept to understand is the more rate comparisons you have, the better likelihood of reducing your rate. You may even discover the best price on insurance coverage is with a small mutual company. They can often provide lower rates in certain areas than the large multi-state companies such as Progressive or Geico.

When buying insurance coverage, never reduce coverage to reduce premium. There are too many instances where drivers have reduced liability limits or collision coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

Cheaper insurance can be bought both online and with local insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. There are still a few companies who do not offer online price quotes and these small insurance companies work with independent agents.

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