Cheaper 2015 Mercedes-Benz E-Class Insurance Cost

Looking for the cheapest insurance rates for your Mercedes-Benz E-Class? Are you tired of scraping the payment together each month for car insurance? You are no different than the majority of other car owners.

Consumers have many insurance companies to insure vehicles with, and even though it’s nice to have a choice, having more insurance companies makes it harder to compare company pricing.

Save big with these discounts

The cost of insuring your cars can be expensive, but there are discounts available that you may not even be aware of. Most are applied when you complete an application, but some may not be applied and must be asked about in order for you to get them.

  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on one policy may reduce the rate for each vehicle.
  • Drivers Education – Require your teen driver to take driver’s ed class in school.
  • Payment Discounts – If you pay your bill all at once instead of paying each month you may reduce your total bill.
  • Homeowners Savings – Being a homeowner may earn you a small savings because maintaining a house demonstrates responsibility.
  • Accident Waiver – Certain companies will forgive one accident without raising rates so long as you haven’t had any claims for a set time period.
  • Theft Prevention System – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Life Insurance Discount – Companies who offer life insurance give a break if you buy life insurance.

It’s important to note that some credits don’t apply the the whole policy. Some only apply to the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, it just doesn’t work that way. But any discount will reduce the amount you have to pay.

To see a list of companies with the best car insurance discounts, follow this link.

Factors that might impact rates for a Mercedes-Benz E-Class

It’s important that you understand the factors that go into determining your insurance rates. When you know what positively or negatively controls the rates you pay enables informed choices that can help you get much lower annual insurance costs.

Listed below are a partial list of the pieces insurance companies consider when setting your rates.

  • Lower rates with optional equipment – Driving a car with an alarm system can help lower your rates. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your vehicle from being stolen.
  • An active claims history can cost you – Insurance companies provide cheaper rates to insureds who do not rely on their insurance for small claims. If you file claims often, you can expect either policy cancellation or increased premiums. Insurance coverage is designed for major claims that would cause financial hardship.
  • Allowing your policy to lapse raises rates – Allowing your coverage to lapse is a guaranteed way to trigger a rate increase. Not only will you pay more, getting caught without coverage may earn you a license revocation or jail time.You may then be required to file a SR-22 with your state department of motor vehicles.
  • Safer occupants lowers premiums – Vehicles with high crash test scores can get you lower premiums. The safest vehicles have better occupant injury protection and lower injury rates means lower claim amounts passed on to you as lower rates. If your Mercedes-Benz scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
  • Better credit scores mean better rates – A driver’s credit score is a large factor in determining what you pay for insurance. Drivers with excellent credit tend to file fewer claims and have better driving records as compared to drivers with lower ratings. So if your credit rating is low, you could be paying less to insure your 2015 Mercedes-Benz E-Class by improving your credit score.
  • Your job and insurance rates – Did you know your occupation can influence how much you pay for insurance? Occupations like real estate brokers, architects and financial analysts are shown to have higher average rates because of stressful work requirements and long work hours. Conversely, jobs such as pilots, engineers and performers pay the least for E-Class insurance.
  • Men are more aggressive – Statistics have proven that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Both sexes are in accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also receive more costly citations such as DWI and reckless driving.
  • Lower rates come with age – Older drivers tend to be more responsible, tend to file fewer claims and get fewer tickets. Teen drivers are known to be less responsible behind the wheel and because of this, their insurance rates are much higher.

But I don’t know anything about car insurance

When it comes to choosing the best car insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions might point out if you would benefit from professional advice.

  • Does my liability insurance cover pulling a trailer or camper?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Do I need replacement cost coverage?
  • Do I pay less for low miles?
  • Does insurance cover tools stolen from my truck?
  • How much can I save by bundling my policies?
  • What companies insure drivers after a DUI or DWI?
  • What is the difference between comprehensive and collision coverage?
  • Should I buy additional glass protection?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

Insurance coverages explained

Understanding the coverages of a insurance policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are the normal coverages found on most insurance policies.

Auto collision coverage

This coverage covers damage to your E-Class resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage protects against things such as scraping a guard rail, rolling your car, colliding with another moving vehicle and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from older vehicles. Drivers also have the option to raise the deductible to bring the cost down.

Comprehensive protection

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from flooding, falling objects, fire damage, a broken windshield and damage from a tornado or hurricane. The most your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability car insurance

This coverage will cover injuries or damage you cause to people or other property that is your fault. This coverage protects you from claims by other people. It does not 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. As an example, you may have values of 25/50/25 which means $25,000 bodily injury coverage, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Occasionally you may see one number which is a combined single limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability coverage pays for claims such as loss of income, emergency aid and attorney fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Medical expense coverage

Medical payments and Personal Injury Protection insurance kick in for bills for things like nursing services, doctor visits and dental work. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This coverage provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your Mercedes-Benz E-Class.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Normally these limits are set the same as your liablity limits.

Be a penny pincher

Cost effective 2015 Mercedes-Benz E-Class insurance can be sourced online as well as from independent agents, so compare prices from both to have the best selection. There are still a few companies who don’t offer the ability to get a quote online and these smaller companies work with independent agents.

We just covered many ideas to get a better price on insurance. It’s most important to understand that the more quotes you get, the higher the chance of saving money. You may even discover the lowest rates come from a lesser-known regional company. They can often insure niche markets at a lower cost than their larger competitors like Allstate, Geico and Progressive.

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