Cheaper 2014 Mercedes-Benz B-Class Electric Drive Car Insurance Cost

Want cheaper auto insurance rates? Drivers have a choice when trying to find affordable Mercedes-Benz B-Class Electric Drive insurance. They can either waste time struggling with agents getting price quotes or use the internet to make rate comparisons.

There is a better way to find auto insurance online and you need to know the best way to quote coverages for a new or used Mercedes-Benz and find the best price possible from local insurance agents and online providers.

You should make it a habit to compare rates yearly because rates fluctuate regularly. Even if you got the best rate for B-Class Electric Drive coverage on your last policy there may be better deals available now. Forget all the misinformation about auto insurance because you’re going to get a crash course in the right way to remove unneeded coverages and save money.

More discounts mean lower-cost premiums

Auto insurance is easily one of your largest bills, but companies offer discounts that can drop the cost substantially. Some of these disounts will be visible when you quote, but less common discounts must be specifically requested prior to getting the savings. If you check and find you aren’t receiving every discount you deserve, you’re paying more than you need to.

  • Military Discounts – Having an actively deployed family member could be rewarded with lower prices.
  • Discount for Multiple Policies – If you can bundle your auto and homeowners insurance and insure them with the same company they may give you a discount of up to 20% off your total premium.
  • Multi-Vehicle Discounts – Insuring multiple cars or trucks on a single policy could earn a price break for each car.
  • Payment Discounts – If you pay your bill all at once as opposed to paying monthly you may have a lower total premium amount.
  • E-sign Discounts – A handful of companies may give you up to $50 for buying your policy on their website.

As a disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most cut the cost of specific coverages such as collision or personal injury protection. So when the math indicates you could get a free auto insurance policy, companies wouldn’t make money that way.

Companies and some of the premium reductions they offer are outlined below.

  • GEICO has savings for five-year accident-free, air bags, emergency military deployment, anti-theft, and seat belt use.
  • MetLife includes discounts for good driver, multi-policy, accident-free, defensive driver, claim-free, and good student.
  • Progressive offers discounts for homeowner, online quote discount, continuous coverage, multi-vehicle, multi-policy, and online signing.
  • Travelers offers premium reductions for save driver, early quote, hybrid/electric vehicle, payment discounts, multi-policy, and continuous insurance.
  • SAFECO discounts include multi-car, drive less, homeowner, safe driver, accident prevention training, bundle discounts, and teen safe driver.
  • AAA may offer discounts for anti-theft, AAA membership discount, education and occupation, pay-in-full, and good driver.

When getting free insurance coverage quotes, it’s a good idea to all companies you are considering what discounts are available to you. Some credits may not apply to policies in your area. To choose insurers that offer multiple discounts, click here to view.

Eight factors that influence insurance premiums

One of the most helpful ways to save on insurance is to to have a grasp of the factors that help calculate the level of your policy premiums. When you understand what impacts premium levels, this helps enable you to make changes that can earn you cheaper rates.

The factors shown below are just a few of the factors insurance companies consider when setting your prices.

  • Lower insurance rates by staying claim free – If you’re an insured who likes to file claims you can definitely plan on much higher rates or policy non-renewal. Companies award most affordable rates to people that do not abuse their auto insurance. Auto insurance is intended for more catestrophic claims.
  • Drivers with responsible credit save on insurance – Having a bad credit rating is a big factor in calculating your premium rate. Drivers with very high credit ratings tend to be better drivers and file fewer claims than drivers who have worse credit. If your credit is lower than you’d like, you could be paying less to insure your 2014 Mercedes-Benz B-Class Electric Drive by improving your credit score.
  • Where you live – Choosing to live in a rural area has definite advantages when talking about insurance. Fewer drivers translates into fewer accident claims and a lower car theft rate. City drivers have congested traffic and longer commute times. Longer commute distances means a statistically higher chance of an accident.
  • Raise your coverage deductibles for better premiums – The deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Protection for physical damage, also called comprehensive and collision insurance, covers damage that occurs to your car. Some examples of covered claims would be collision with another vehicle, damage caused by hail, and having a roll-over accident. The more money you have to pay, the less your insurance will be for B-Class Electric Drive coverage.
  • Avoid insurance lapses – Having an insurance coverage lapse will be a sure-fire way to trigger a rate increase. Not only will you pay more, being ticketed for driving with no insurance could earn you a hefty fine and possibly a revoked license.
  • Lower rates with a multi-policy discount – The majority of insurers will give a discount to policyholders who carry more than one policy in the form of a multi-policy discount. Even if you qualify for this discount already, you may still want to compare other company rates to verify if the discount is saving money. Consumers may save money by buying from different companies
  • Amount of liability – A critical coverage on your policy, liability insurance is the coverage that protects you if a jury decides you are liable for physical damage or personal injury to other. This coverage provides legal defense coverage up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to other policy coverages, so insureds should have plenty of protection for their assets.
  • Pay lower premiums if you’re married – Walking down the aisle may earn you lower rates when buying insurance. Marriage usually means you are less irresponsible and it’s proven that being married results in fewer claims.

It’s not one size fits all

When buying adequate coverage, there really is not a “best” method to buy coverage. Each situation is unique.

Here are some questions about coverages that might help in determining whether or not you would benefit from professional advice.

  • How does medical payments coverage work?
  • Am I covered when driving a rental car?
  • Is my nanny covered when driving my vehicle?
  • When should my teen driver be added to my policy?
  • Does coverage extend to a rental car in a foreign country?
  • What is roadside assistance coverage?
  • Should I have a commercial auto policy?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Auto insurance coverages 101

Understanding the coverages of a auto insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Liability coverages

Liability coverage can cover damage that occurs to other’s property or people by causing an accident. This coverage protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability coverage pays for claims such as emergency aid, repair bills for other people’s vehicles, court costs and medical services. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.

Collision coverage

Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things such as colliding with another moving vehicle, driving through your garage door, colliding with a tree and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive insurance

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as rock chips in glass, a broken windshield and theft. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses for things like chiropractic care, ambulance fees and pain medications. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz B-Class Electric Drive.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Normally these coverages are similar to your liability insurance amounts.

Summing up your auto insurance search

Insureds who switch companies do it for a variety of reasons including not issuing a premium refund, high rates after DUI convictions, extreme rates for teen drivers and policy cancellation. Whatever your reason, finding a great new company can be easy and end up saving you some money.

When getting insurance coverage quotes online, it’s very important that you do not buy poor coverage just to save money. There have been many situations where an insured dropped comprehensive coverage or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The aim is to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

Cheaper auto insurance can be purchased on the web in addition to many insurance agents, so you need to shop insurance coverage with both in order to have the best price selection to choose from. Some insurance providers may not provide online price quotes and usually these regional insurance providers prefer to sell through independent agencies.

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