View 2004 Mercedes-Benz E-Class Insurance Cost

If you’re trying to find cheaper insurance online, are you intimidated by the number of auto insurance companies in your area? There are so many companies available that it is a ton of work to find the best auto insurance rates.

It’s a good idea to take a look at other company’s rates occasionally because auto insurance prices are adjusted regularly by insurance companies. Just because you had the best deal for E-Class insurance six months ago there is a good chance you can find better premium rates now. Forget all the misinformation about auto insurance because I’m going to let you in on the secrets to the easiest way to eliminate unnecessary coverages and save money.

This article will help you learn how to get online quotes and some tricks to saving. If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using these methods. Nevertheless, car owners must learn the methods companies use to market on the web and apply this information to your search.

Insurance policy discounts

Insurance is easily one of your largest bills, but there could be available discounts that you may not know about. Some discounts will apply at the time of quoting, but lesser-known reductions have to be manually applied in order for you to get them. If you check and find you aren’t receiving every discount you qualify for, you are not getting the best rate possible.

  • First Accident Forgiveness – Not a discount per se, but a few companies such as Allstate, State Farm and GEICO will let one accident slide before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • Pay Upfront and Save – If you can afford to pay the entire bill rather than spreading payments over time you may have a lower total premium amount.
  • Buy New and Save – Buying a new car model can save up to 30% due to better safety requirements for new vehicles.
  • Safety Course Discount – Taking part in a course that instructs on driving safety could possibly earn you a 5% discount if your company offers it.
  • Theft Prevention Discount – Cars equipped with anti-theft or alarm systems are stolen with less frequency and earn discounts up to 10% off your insurance quote.
  • Early Switch Discount – Some insurance companies reward drivers for switching companies early. You could save around 10% when you buy insurance online.

You can save money using discounts, but most credits do not apply to the overall cost of the policy. Most only apply to the cost of specific coverages such as collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, insurance companies aren’t that generous.

Popular insurance companies and some of the discounts can be read below.

  • Farmers Insurance may offer discounts for mature driver, alternative fuel, business and professional, electronic funds transfer, multi-car, switch companies, and pay in full.
  • State Farm may have discounts that include student away at school, Steer Clear safe driver discount, anti-theft, good driver, safe vehicle, multiple autos, and Drive Safe & Save.
  • Liberty Mutual offers premium reductions for safety features, new vehicle discount, newly married, exclusive group savings, and teen driver discount.
  • MetLife discounts include accident-free, defensive driver, multi-policy, good student, good driver, and claim-free.
  • Progressive policyholders can earn discounts including multi-policy, online quote discount, good student, multi-vehicle, continuous coverage, homeowner, and online signing.

Before purchasing a policy, check with all the companies what discounts are available to you. A few discounts might not be available to policyholders in your area.

How much is insurance coverage?

There are a lot of ways to compare insurance coverage quotes, but one way is more efficient than others. You could spend the better part of a day talking about coverages with agents in your area, or you could use online quoting to get pricing more quickly.

Many popular insurance companies take part in a program where insurance shoppers enter their policy data once, and at least one company provides a quote based on the submitted data. This saves time by eliminating repetitive form submissions to every company.

To compare rates using this form now click here to start a free quote.

The only drawback to getting quotes like this is that you can’t choose which companies to get pricing from. So if you want to select individual companies to request quotes from, we put together a list of low cost insurance coverage companies in your area. Click here to view list.

Whichever method you choose, make sure you compare the exact same information for each quote you get. If each company quotes different deductibles it’s impossible to determine which company has the best rates. Quoting even small variations in insurance coverages or limits may cause a big price difference. Keep in mind that comparing a wide range of rates increases your odds of finding a lower rate than you’re paying now.

Five factors that impact insurance prices

One of the most helpful ways to save on car insurance is to to have a grasp of the factors that go into determining car insurance rates. If you have some idea of what determines premiums, this allows you to make educated decisions that could help you find lower car insurance prices.

  • Liability protection limits should be high – Liability insurance kicks in if ever you are ruled to be at fault for causing damage or personal injury in an accident. Liability insurance provides you with a defense in court to attempt to prove you were not liable. This coverage is very inexpensive compared to comp and collision, so do not skimp.
  • Rate your vehicle for proper use – The more you drive each year the more you’ll pay to insure your vehicle. The majority of insurers apply a rate based upon how you use the vehicle. Cars and trucks left parked in the garage can get a lower rate than vehicles that have high annual mileage. An incorrectly rated E-Class can cost quite a bit. Double check that your declarations sheet correctly shows the proper vehicle usage, because improper ratings can cost you money.
  • Use one insurance company and save – Most larger car insurance companies will give a discount to customers who have multiple policies with them in the form of a multi-policy discount. Even with this discount applied, you may still want to compare other company rates to confirm you are receiving the best rates possible. Consumers may save more without the discount even if you have your coverage with different companies
  • Prices may be lower depending on your occupation – Did you know your car insurance rates can be affected by your occupation? Occupational choices like doctors, architects and stock brokers are shown to have the highest rates attributed to job stress and incredibly demanding work hours. On the flip side, careers such as actors, historians and performers have lower than average premiums for E-Class insurance.
  • Pay more out-of-pocket – Comp and collision deductibles tell how much you are required to spend before your car insurance pays a claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. Some examples of covered claims would be colliding with a stationary object, vandalism, or theft of your vehicle. The more of the claim you choose to pay out-of-pocket, the less your company will charge you for insurance for E-Class insurance.

How do I know if I need professional advice?

When buying the right insurance coverage for your vehicles, there really is no perfect coverage plan. Each situation is unique.

These are some specific questions might help in determining whether you could use an agent’s help.

  • Should I bundle my homeowners policy with my auto?
  • If my 2004 Mercedes-Benz E-Class is totaled, can I afford another vehicle?
  • Do I need to file an SR-22 for a DUI in my state?
  • Can I make deliveries for my home business?
  • Does liability extend to a camper or trailer?
  • Should I buy full coverage?
  • Where can I find DUI or SR-22 insurance?
  • Is rental equipment covered for theft or damage?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to an insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Save $406 a year? Really?

Insurance coverage providers like State Farm, Allstate and GEICO endlessly run ads on television and other media. They all advertise the message that you can save after switching to them. That’s great but how can every company cost less than your current company? Here is the trick they use.

All companies give the cheapest rates for the type of driver that is profitable for them. For example, a driver they prefer might have to be between the ages of 30 and 50, has a clear driving record, and has a short commute. A driver that meets those criteria gets the lowest premium rates and therefore will cut their rates substantially.

People who fall short of this stringent profile will probably have to pay a more expensive rate and business going elsewhere. If you pay attention, the ads say “drivers who switch” but not “all drivers who get quotes” save that much money. This is how insurance companies can confidently claim big savings.

Each company has different criteria, so drivers should quote coverage with many companies. It is impossible to guess which insurance coverage company will give you lower premium rates than your current company.

Car insurance coverages for a Mercedes-Benz E-Class

Having a good grasp of your policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Liability car insurance – Liability coverage provides protection from injuries or damage you cause to other’s property or people. This insurance protects YOU against claims from other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as medical services, bail bonds and emergency aid. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.

Collision – Collision coverage pays for damage to your E-Class resulting from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as rolling your car, scraping a guard rail, sideswiping another vehicle and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to bring the cost down.

Medical expense coverage – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for things like X-ray expenses, surgery and ambulance fees. They can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and will also cover getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your Mercedes-Benz E-Class.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive protection – This coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things like damage from getting keyed, hitting a bird, falling objects and hail damage. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Quote more, save more

Drivers change insurance companies for a number of reasons such as denial of a claim, policy non-renewal, unfair underwriting practices and lack of trust in their agent. Regardless of your reason for switching companies, finding a new company is pretty easy and you might even save some money in the process.

When searching for affordable insurance quotes, never reduce coverage to reduce premium. There have been many cases where someone dropped liability limits or collision coverage to discover at claim time that the few dollars in savings costed them thousands. The goal is to purchase a proper amount of coverage at an affordable rate.

We just presented many ideas to get a better price on 2004 Mercedes-Benz E-Class insurance. The key thing to remember is the more providers you compare, the better likelihood of getting inexpensive insurance. You may even discover the best prices are with some of the smallest insurance companies.

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