Cheap 2010 Mercedes-Benz E-Class Insurance Cost

Want lower insurance coverage rates for your Mercedes-Benz E-Class? When looking for more affordable insurance, are you confused by the number of insurance coverage providers available to you? Many other drivers are too. Consumers have so many options that it can easily turn into a challenge to find the lowest price.

Smart consumers take time to quote other rates on a regular basis because insurance rates tend to go up over time. Even if you think you had the lowest premium rates for E-Class insurance a few years ago there may be better deals available now. Forget all the misinformation about insurance coverage because I’m going to let you in on the secrets to the easiest way to get good coverage at a lower rate.

If you have car insurance now, you will most likely be able to lower your premiums substantially using these methods. The purpose of this article is to let you in on how to get online quotes and some tips to save money. Nevertheless, vehicle owners do need to learn the way companies sell online and use this information to your advantage.

Are you qualifying for every discount?

Car insurance companies don’t necessarily list every disount available in an easy-to-find place, so the following is a list of a few of the more well known and the harder-to-find credits available to bring down your rates. If they aren’t giving you every credit available, you are just wasting money.

Driver Training Discounts – Taking part in a course teaching defensive driving skills may get you a small discount and easily recoup the cost of the course.
Own a Home – Just being a homeowner can help you save on insurance coverage since home ownership demonstrates responsibility.
Passenger Safety Discount – Factory options such as air bags could see savings of 20 to 30 percent.
Discounts for New Vehicles – Buying a new car instead of a used car can save you some money because new vehicles are generally safer.
Organization Discounts – Participating in certain professional organizations could earn you a nice discount when shopping for insurance coverage.
Telematics Devices – People who choose to allow driving data submission to look at their driving habits through the use of a telematics system like Drivewise from Allstate or In-Drive from State Farm could save a few bucks if they have good driving habits.
Government Employees – Being employed by or retired from a federal job may reduce rates when you quote car insurance for E-Class insurance with select insurance companies.
Safety Restraint Discount – Requiring all passengers to wear their seat belts can save 10% or more on the premium charged for medical payments and/or PIP.
Cautious Drivers – Insureds without accidents may receive a discount up to 45% for E-Class insurance compared to accident prone drivers.

Discounts lower rates, but most discount credits are not given the the whole policy. Most only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like all those discounts means the company will pay you, companies don’t profit that way.

Popular insurance coverage companies and a summarized list of policyholder discounts are:

State Farm includes discounts for multiple policy, driver’s education, good driver, accident-free, and Drive Safe & Save.
GEICO offers discounts for five-year accident-free, air bags, daytime running lights, good student, multi-policy, emergency military deployment, and driver training.
Progressive policyholders can earn discounts including homeowner, online quote discount, multi-policy, multi-vehicle, continuous coverage, good student, and online signing.
21st Century may offer discounts for good student, teen driver, early bird, automatic seat belts, homeowners, and theft prevention.
American Family has discounts for multi-vehicle, accident-free, air bags, good driver, and TimeAway discount.
The Hartford may include discounts for defensive driver, driver training, air bag, good student, bundle, anti-theft, and vehicle fuel type.
AAA offers premium reductions for multi-policy, pay-in-full, anti-theft, good student, multi-car, education and occupation, and AAA membership discount.

If you need inexpensive car insurance quotes, ask all companies you are considering which discounts they offer. A few discounts might not apply in your area.

Which insurance coverage is cheapest?

The are a couple different ways to compare rate quotes from many different insurance companies. The recommended way to find competitive Mercedes-Benz E-Class insurance rates involves getting comparison quotes online. It’s really quite simple and can be done in just a few minutes using one of these methods.

The fastest way to get quotes for comparison is to use a rate comparison form click to view form in new window. This easy form eliminates the need for separate forms to each individual insurance coverage company. A single, simple form will return quotes from several companies. It’s the fastest way to compare.

A more difficult way to shop for insurance coverage online requires visiting the website for each individual company and fill out their own quote form. For instance, let’s say you want to compare prices for Allstate, GEICO and GMAC. To get each rate you have to go to every website and type in your information over and over, which can get old fast. For a list of companies in your area, click here.

The least recommended way to get rate quotes is driving around to different agent offices. Quoting online eliminates the need for an insurance agent unless you have a need for the trained advice of an agent trained in personal lines coverage. It is possible to get prices online and still use a local agent.

Take whichever approach you prefer, but compare apples-to-apples coverages and limits for each price quote. If you enter higher or lower deductibles it will be next to impossible to decipher which rate is best. Just slight variations in insurance coverages or limits may result in a large different in cost. And when comparing insurance coverage rates, know that comparing more rates from different companies gives you a better chance of getting a better price. Some regional insurers cannot provide online quotes, so you should also compare prices from those companies as well.

How insurance companies determine Mercedes-Benz E-Class insurance premiums

One of the most helpful ways to save on insurance is to to have a grasp of a few of the rating criteria that go into determining the rates you pay for insurance. If you have a feel for what determines premiums, this empowers consumers to make smart changes that may reward you with lower premium levels. Many factors are considered when you quote your car insurance policy. Some are pretty understandable like a motor vehicle report, but some are not as apparent such as whether you are married or your vehicle rating.

Shown below are a few of the things used by insurance companies to determine your rates.

Do you qualify for a multi-policy discount? – Most larger insurers give better rates to policyholders that purchase more than one policy. It’s known as a multi-policy discount. Discounts can add up to as much as ten percent or more Even if you qualify for this discount already, you still need to shop around to make sure you are getting the best deal. Drivers may still find lower rates by splitting coverages up.
Male premiums may be higher – Over the last 30 years, statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that men are worse drivers. They both get in accidents at a similar rate, but the male of the species cause more damage. Men also tend to get cited for more serious violations like reckless driving and DUI.
Low stress vocation equals lower insurance rates – Did you know your job can affect your rates? Occupational choices like judges, architects and dentists tend to pay higher premium rates due to high stress and lots of time spent at work. On the other hand, occupations such as farmers, athletes and homemakers receive lower rates for E-Class insurance.
More miles equals more premium – The more miles you rack up on your Mercedes-Benz each year the more you’ll pay to insure it. A lot of insurance companies charge to insure your cars based on their usage. Vehicles not used for work or commuting receive better premium rates than cars that get driven a lot. Having the wrong rating on your E-Class may be costing you higher rates. Double check that your insurance policy properly reflects the proper vehicle usage, because it can save money.
Mature drivers save more – Teen drivers are known to be careless and easily distracted when behind the wheel and because of this, their insurance rates are much higher. Older, more experienced drivers tend to be more responsible, tend to file fewer claims and tend to be get fewer driving tickets.
Save money by raising comp and collision deductibles – The deductibles you choose state the amount of money you are required to spend out-of-pocket if a claim is determined to be covered. Insurance for physical damage, also called comprehensive and collision insurance, protects your car from damage. Examples of covered claims are rearending another vehicle, damage from fire, and having a roll-over accident. The more money the insured is willing to pay, the less your insurance will be for E-Class insurance.
Pay more if you have a long commute – Having an address in areas with lower population is a good thing when it comes to insurance. Fewer drivers means fewer accidents as well as less vandalism and auto theft. Residents of big cities regularly have much more traffic and longer commute times. More time commuting means more chance of being in an accident.

When in doubt talk to an agent

When buying adequate coverage, there is no best way to insure your cars. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight if your insurance needs could use an agent’s help.

Is my vehicle covered by my employer’s policy when using it for work?
How much underlying liability do I need for an umbrella policy?
Do I need rental car coverage?
Can my teen driver be rated on a liability-only vehicle?
How can I force my company to pay a claim?
Is business property covered if stolen from my car?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. To find an agent in your area, fill out this quick form.

Truth in insurance advertising

State Farm, GEICO and Progressive constantly bombard you with television and radio advertisements. All the companies convey the message of big savings if you move your policy. How does every company offer you a better deal? This is the way they can do it.

Many companies quote their cheapest rates for the type of driver that is profitable for them. A good example of a preferred risk could possibly be over the age of 40, has never had a policy lapse, and has a short commute. Anybody who fits that profile will probably get the lowest prices and have a good chance to save when they switch companies.

People who may not quite match these standards will see more expensive rates and this results in the prospect going elsewhere. If you pay attention, the ads say “customers who switch” but not “everyone who gets a quote” save that much. That’s why companies can make those statements.

Because of this risk profiling, drivers must compare rate quotes every year. It is impossible to guess which company will provide the lowest rates.

Car insurance policy coverages for a 2010 Mercedes-Benz E-Class

Knowing the specifics of your car insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement.

Comprehensive protection

This covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things like falling objects, fire damage, damage from a tornado or hurricane and a tree branch falling on your vehicle. The most a car insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Uninsured or underinsured coverage

This gives you protection when the “other guys” either have no liability insurance or not enough. This coverage pays 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 liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Usually the UM/UIM limits do not exceed the liability coverage limits.

Auto liability

Liability coverage will cover injuries or damage you cause to people or other property that is your fault. This coverage protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You might see policy limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, 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) that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims like repair bills for other people’s vehicles, medical expenses, legal defense fees, court costs and emergency aid. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as rolling your car, scraping a guard rail and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. It’s also possible to increase the deductible to bring the cost down.

Medical expense coverage

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses such as chiropractic care, dental work and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants and also covers being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible

A fool and his money are soon parted

While you’re price shopping online, make sure you don’t sacrifice coverage to reduce premiums. There are many occasions where an insured cut liability limits or collision coverage and discovered at claim time they didn’t purchase enough coverage. Your aim should be to purchase plenty of coverage at the best possible price, but don’t skip important coverages to save money.

There are still a few companies who may not have price quotes online and most of the time these small insurance companies sell through local independent agencies. Cheap 2010 Mercedes-Benz E-Class insurance can be purchased both online as well as from independent agents, and you should compare price quotes from both to have the best selection.

You just read many tips how you can lower your 2010 Mercedes-Benz E-Class insurance premium rates. The most important thing to understand is the more rate quotes you have, the higher your chance of finding cheaper car insurance. You may even find the most savings is with a company that doesn’t do a lot of advertising.