2007 Mercedes-Benz E-Class Car Insurance Rates – 8 Savings Tips

Looking for the cheapest insurance coverage rates for your Mercedes-Benz E-Class? Cutting costs on Driversinsurance coverage may be kind of frustrating for drivers who are new to online insurance quotes. With so many online companies available, it can quickly become a challenge to locate the lowest coverage rates.

It’s a good idea to do price comparisons before your policy renews because insurance prices are rarely the same from one policy term to another. Just because you found the lowest rates for E-Class coverage at your last renewal other companies may now be cheaper. Forget anything you know (or think you know) about insurance coverage because you’re about to find out one of the best ways to find the best coverage while lowering your premiums.

Finding cheaper insurance coverage is simple if you know the tricks. Essentially everyone who is shopping for insurance coverage will most likely be able to lower their premiums. Nevertheless, drivers must learn how companies sell online.

Buy car insurance online

When shopping for cheaper auto insurance quotes, there are a couple of ways of comparing rates from lots of car insurance companies. By far the easiest way to find cheaper 2007 Mercedes-Benz E-Class rates is to get quotes online. This can be accomplished in just a few minutes using one of these methods.

  • The most efficient method to find the lowest comparison rates would be an industry-wide quote request form like this one (opens in new window). This method keeps you from doing a different quote for each company. One quote request gets prices estimates from multiple companies. Recommended for those who want to invest the least amount of time.
  • A different way to compare rate quotes is spending the time to visit each individual company website and repeat the quote process again and again. For instance, let’s say you want to compare prices for Farmers, GEICO and American Family. You would need to go to each individual site to input your insurance information, which explains why we recommend starting with the first method. For a list of links to companies insuring cars in your area, click here.
  • If you have time to kill, the last method to comparison shop rate quotes is physically going to local insurance agencies. Comparing online rate quotes has reduced the need for local agents unless you want the professional guidance that you can only get from talking to an agent. However, consumers can compare online quotes but purchase the actual policy in an agency.

Whichever way you choose to compare rates, make darn sure you compare nearly identical coverage data for every company. If you use different deductibles it will be impossible to find the best deal for your Mercedes-Benz E-Class. Even a minor difference in coverages may result in large price differences. It’s important to know that comparing more rates from different companies will enable you to find a lower rate.

Don’t overlook these eight auto insurance discounts

Auto insurance is easily one of your largest bills, but you may find discounts that can help lower your rates. A few discounts will be applied when you complete an application, but a few must be asked about prior to getting the savings.

  • Save with a New Car – Buying insurance on a new vehicle can save up to 30% because new vehicles keep occupants safer.
  • Military Deployment Discount – Being on active deployment in the military may lower your premium rates slightly.
  • Discounts for Safe Drivers – Drivers without accidents can get discounts for up to 45% lower rates for E-Class coverage compared to accident prone drivers.
  • Discounts for Federal Employees – Active or former government employment may reduce rates when you quote auto insurance for E-Class coverage with some auto insurance companies.
  • Defensive Driver – Completing a defensive driver class could cut 5% off your bill if your company offers it.
  • Membership in Organizations – Being in certain professional organizations could qualify you for a break on your bill.
  • Multiple Policy Discount – If you combine your auto and home policies and insure them with the same company they may give you a discount of at least 10% off all policies.
  • Save over 55 – If you’re over the age of 55, you can get a small discount on rates for E-Class coverage.

Please keep in mind that most discount credits are not given to the entire policy premium. Some only apply to individual premiums such as liability and collision coverage. So even though it sounds like you would end up receiving a 100% discount, auto insurance companies aren’t that generous.

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

  • American Family includes discounts for good student, Steer into Savings, defensive driver, mySafetyValet, and accident-free.
  • Farm Bureau offers discounts including youthful driver, safe driver, good student, 55 and retired, and multi-policy.
  • State Farm discounts include defensive driving training, Drive Safe & Save, good student, multiple policy, and passive restraint.
  • Travelers may offer discounts for multi-policy, home ownership, IntelliDrive, new car, multi-car, early quote, and driver training.
  • The Hartford may include discounts for anti-theft, driver training, good student, vehicle fuel type, air bag, and bundle.
  • GEICO may have discounts that include anti-lock brakes, defensive driver, seat belt use, good student, air bags, military active duty, and emergency military deployment.
  • Progressive has discounts for online quote discount, online signing, continuous coverage, multi-policy, good student, and multi-vehicle.

Double check with every insurance company which discounts you qualify for. Discounts may not be offered in your area. To see auto insurance companies that provide some of the discounts listed above, click this link.

When to get professional advice

When choosing adequate coverage for your vehicles, there is no best way to insure your cars. Each situation is unique.

These are some specific questions might help in determining whether your personal situation would benefit from an agent’s advice.

  • Do I pay less if my vehicle is kept in my garage?
  • Am I covered when pulling a rental trailer?
  • When should I drop full coverage on my 2007 Mercedes-Benz E-Class?
  • Is my 2007 Mercedes-Benz E-Class covered for smoke damage?
  • Am I covered if I break a side mirror?
  • Do I need special endorsements for business use of my vehicle?
  • Do I need roadside assistance coverage?

If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form.

Specific coverage details

Learning about specific coverages of your policy aids in choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Medical costs insurance

Med pay and PIP coverage reimburse you for expenses such as hospital visits, chiropractic care, ambulance fees and surgery. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants as well as getting struck while a pedestrian. PIP coverage is not available in all states and may carry a deductible

Liability coverages

Liability insurance will cover injuries or damage you cause to people or other property. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Alternatively, you may have a combined 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 funeral expenses, emergency aid and repair bills for other people’s vehicles. The amount of liability coverage you purchase is your choice, but consider buying as high a limit as you can afford.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your 2007 Mercedes-Benz E-Class.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently these limits are similar to your liability insurance amounts.

Collision protection

This pays for damage to your E-Class caused by collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a ditch, hitting a parking meter, colliding with a tree and rolling your car. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

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 can pay for things such as hitting a bird, hail damage, vandalism and rock chips in glass. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.