Lower Your 1994 Mercedes-Benz E-Class Car Insurance Quotes

Looking for better insurance coverage rates for your Mercedes-Benz E-Class? Having to pay for pricey insurance coverage can bottom out your savings and force you to tighten up your finances. People have so many insurers to pick from, and although it’s nice to have a selection, more choices can make it harder to find the best rates for your vehicles.

Consumers need to do price comparisons once or twice a year because prices tend to go up over time. Even if you got the lowest price for E-Class insurance a year ago there is a good chance you can find better rates now. Block out anything you think you know about insurance coverage because we’re going to demonstrate the best methods to reduce your cost while improving coverage.

This information will familiarize you with the best way to quote coverages and some money-saving tips. If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using these tips. Consumers just need to learn how to compare company rates on the web.

First Step: Get free car insurance quotes

There are several ways to compare car insurance quotes, and some are less labor-intensive and much quicker. You can spend countless hours driving to insurance companies in your area, or you could use the web to accomplish the same thing much quicker.

Most of the larger companies enroll in a system that allows shoppers to submit one quote, and each company can give them a price for coverage. This saves time by eliminating quotation requests for each company you want a rate for. To fill out one form to compare multiple rates now click to open in new window.

The one disadvantage to doing it this way is buyers cannot specifically choose which insurance companies you will receive quotes from. So if you prefer to choose specific providers to receive pricing from, we have a page of low cost car insurance companies in your area. Click to view list.

How you compare quotes is your choice, just try to use identical quote information with every price quote. If each company quotes different values for each quote it will be next to impossible to make an equal comparison.

Auto Insurance Discounts

Not too many consumers would say auto insurance is affordable, but you might already qualify for some discounts that could drop your premiums quite a bit. Some discounts apply automatically when you complete an application, but less common discounts must be specially asked for prior to getting the savings.

  • Renewal Discounts – Some companies give discounts for switching companies prior to your current policy expiring. The savings is around 10%.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared with frequent claim filers.
  • Federal Government Employee – Federal government employees could qualify for a slight premium decrease for E-Class insurance with select insurance companies.
  • Homeowners Pay Less – Owning a house may earn you a small savings since owning and maintaining a home requires personal responsibility.
  • Military Deployment Discount – Being deployed with a military unit may qualify for rate reductions.
  • Good Student – Getting good grades can save 20 to 25%. The discount lasts up until you turn 25.

As a sidenote, some of the credits will not apply the the whole policy. Most cut individual premiums such as liability and collision coverage. Even though the math looks like all those discounts means the company will pay you, you won’t be that lucky. But all discounts will help lower the premium cost.

A few popular companies and a summarized list of policyholder discounts can be found below.

  • GEICO may offer discounts for multi-vehicle, anti-theft, five-year accident-free, anti-lock brakes, emergency military deployment, and military active duty.
  • Travelers may have discounts that include student away at school, save driver, good student, continuous insurance, hybrid/electric vehicle, IntelliDrive, and home ownership.
  • Nationwide includes discounts for defensive driving, family plan, Farm Bureau membership, easy pay, and anti-theft.
  • Farmers Insurance discounts include electronic funds transfer, alternative fuel, good student, bundle discounts, distant student, homeowner, and mature driver.
  • Esurance may include discounts for defensive driver, good driver, anti-theft, claim free, and Pac-12 alumni.
  • State Farm offers premium reductions for good student, anti-theft, good driver, passive restraint, safe vehicle, and driver’s education.
  • Progressive has savings for online quote discount, online signing, good student, multi-vehicle, multi-policy, and continuous coverage.
  • Mercury Insurance offers discounts including multi-policy, accident-free, type of vehicle, good student, low natural disaster claims, and age of vehicle.

Before buying, ask each company or agent which credits you are entitled to. Some discounts may not apply to policyholders everywhere. If you would like to view insurance companies who offer online auto insurance quotes, click this link.

Six things that impact your insurance costs

Lots of things are considered when premium rates are determined. A few of the factors are predictable like a motor vehicle report, but other criteria are less apparent such as your credit history and annual miles driven.

The factors shown below are some of the major factors used by your company to calculate prices.

  • Safeguard your assets with liability insurance – Liability insurance kicks in if ever you are found to be at fault for an accident. Your policy’s liability insurance provides legal defense coverage which can be incredibly expensive. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so buy as much as you can afford.
  • Drive less and get lower costs – Driving more miles annually the more you’ll pay to insure your vehicle. Many insurance companies charge to insure your cars determined by how the vehicle is used. Cars and trucks that are left in the garage can get a lower rate than those used for commuting. A policy that improperly rates your E-Class may be costing you higher rates. It’s a good idea to make sure your auto insurance declarations sheet is rated on how each vehicle is driven, because it can save money.
  • More traffic means higher claims – Being located in smaller towns and rural areas of the country can save you money if you are looking for the lowest rates. Residents of big cities have to deal with much more traffic and longer commute times. Fewer drivers and short commutes translates into fewer accident claims in addition to lower liability claims
  • Theft deterrents save – Choosing a vehicle with anti-theft technology or alarm system can save you some money. Theft prevention devices such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all help stop vehicle theft.
  • Your credit score is important – An insured’s credit score will be a significant factor in determining what you pay. Insureds with very high credit ratings tend to be more responsible and file fewer claims than drivers with lower ratings. Therefore, if your credit could use some work, you could pay less to insure your 1994 Mercedes-Benz E-Class if you improve your credit rating.
  • Never have auto insurance lapses – Driving any period of time without insurance can get you a ticket and you will pay a penalty because you let your insurance lapse for non-payment. In addition to paying higher rates, the inability to provide proof of insurance could earn you a steep fine or even jail time.

Tailor your insurance coverage to you

When choosing the best insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions might point out if your insurance needs may require specific advice.

  • I have health insurance so do I need medical payments coverage?
  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Is upholstery damage covered by car insurance?
  • What if I total my 1994 Mercedes-Benz E-Class and owe more than it’s worth?
  • Am I covered if I drive in a foreign country?
  • Am I covered when delivering products for my home-based business?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance companies in your area. It’s fast, free and can provide invaluable advice.

Car insurance ads are enticing

Consumers can’t avoid all the ads that claim the cheapest auto insurance rates by State Farm, Allstate and GEICO. They all tend to make the same promise that you can save just by switching your policy.

How is it plausible that every one can claim to save you money? It’s all in how they say it.

Most companies are able to cherry pick for the type of customer that earns them the highest profit. A good example of a driver they prefer could possibly be a female over age 40, has few claims, and drives a car with an anti-theft system. Any person that matches those criteria receive the lowest rate quotes and have a good chance to save quite a bit of money when switching.

Potential insureds who are not a match for these stringent criteria will be charged higher rates and this can result in the customer buying from a different company. If you pay close attention to the ads, they say “people that switch” not “all people who quote” save that much money. This is how companies can truthfully claim big savings.

Because every company is different, it is so important to compare as many free car insurance quotes as you can. It is just not possible to predict which car insurance company will have the lowest rates.

Car insurance 101

Understanding the coverages of auto insurance can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages offered by auto insurance companies.

Coverage for medical expenses

Coverage for medical payments and/or PIP reimburse you for bills like pain medications, chiropractic care, EMT expenses and hospital visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive auto insurance

Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as hail damage, a broken windshield and damage from flooding. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability

Liability coverage provides protection from damages or injuries you inflict on people or other property by causing an accident. It protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 100/300/100 which means $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Another option is one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as repair bills for other people’s vehicles, medical services, pain and suffering and medical expenses. How much liability coverage do you need? That is up to you, but buy as large an amount as possible.

Coverage for collisions

This will pay to fix damage to your E-Class resulting from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like crashing into a ditch, hitting a parking meter, colliding with another moving vehicle, scraping a guard rail and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

This coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and damage to your 1994 Mercedes-Benz E-Class.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family. Normally these coverages are set the same as your liablity limits.

Be a smart shopper

You just read a lot of information how to get a better price on 1994 Mercedes-Benz E-Class insurance. The most important thing to understand is the more providers you compare, the higher the chance of saving money. Drivers may discover the best price on insurance coverage is with the smaller companies. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive and GEICO.

Discount 1994 Mercedes-Benz E-Class insurance can be bought on the web and from local insurance agents, so you need to quote car insurance with both so you have a total pricing picture. Some companies may not have the ability to get a quote online and these smaller providers only sell coverage through independent insurance agencies.

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