1998 Mercedes-Benz E-Class Insurance Quotes

Paying for high-priced Mercedes-Benz E-Class insurance can overdraw your bank account and make it impossible to make ends meet. Doing a price comparison is a smart way to reduce premiums and put more money in your pocket.

Because you have many choices of insurance companies, it can be diffult for consumers to pick the best company.

Locating the lowest cost insurance coverage can be fairly easy. Essentially every driver who is shopping for insurance coverage should be able to cut their insurance bill. But car owners do need to learn the way companies determine prices because it can help you find the best coverage.

Mercedes-Benz E-Class insurance premiums are calculated by many factors

An important part of buying insurance is that you know some of the elements that play a part in calculating the price you pay for insurance. Knowing what controls the rates you pay enables informed choices that will entitle you to big savings.

  • Are you male or female? – Statistics show that women are safer drivers than men. That doesn’t necessarily mean that women are better drivers. They both cause accidents in similar numbers, but the male of the species cause more damage. Men also tend to have more aggressive citations like DUI and reckless driving. Youthful male drivers are several times more likely to be in an accident and are penalized with high insurance rates.
  • Drive a safer car and pay less – Vehicles with good safety scores tend to have better insurance rates. Safer cars have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims passed on to you as lower rates. If your Mercedes-Benz E-Class earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.
  • Do you know you’re credit rating? – Having a bad credit history is a huge factor in determining what you pay for insurance. Therefore, if your credit rating is not that good, you could pay less to insure your 1998 Mercedes-Benz E-Class by repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims than those with lower credit scores.
  • Pay less after the wedding – Being married helps lower the price on insurance. Marriage translates into being more responsible it has been statistically shown that drivers who are married are more cautious.
  • Too many insurance claims drive up costs – Companies generally give cheaper rates to policyholders who are claim-free. If you are a frequent claim filer, you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance is designed for major claims that would cause financial hardship.

Save with discounts on 1998 Mercedes-Benz E-Class insurance

Car insurance can cost a lot, but discounts can save money and there are some available to help offset the cost. Larger premium reductions will be automatically applied at the time of purchase, but lesser-known reductions have to be specifically requested before you get the savings.

  • Distant Student – Children who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
  • Drive Safe and Save – Insureds without accidents can get discounts for up to 45% lower rates for E-Class coverage than less cautious drivers.
  • Accident Forgiveness – Some insurance companies will forgive one accident before hitting you with a surcharge if your claims history is clear for a particular time prior to the accident.
  • Low Mileage Discounts – Driving fewer miles could qualify for lower rates on the low mileage vehicles.
  • Claim Free – Drivers with accident-free driving histories pay much less when compared with drivers who are more careless.
  • Multi-policy Discount – If you have multiple policies with the same insurance company you may earn up to 20% off your total premium.

A little note about advertised discounts, most of the big mark downs will not be given the the whole policy. Some only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like you can get free auto insurance, you’re out of luck. But all discounts will help reduce your premiums.

Car insurance companies that may offer these benefits are:

Before buying, ask each insurance company which discounts you may be entitled to. All car insurance discounts may not apply in your state.

The fine print in car insurance ads

Companies like Geico, State Farm and Progressive regularly use ads on TV and radio. All the ads make an identical promise that you’ll save big if you move to their company. How do they all say the same thing? This is how they do it.

Different companies have a preferred profile for the type of customer that is profitable for them. For instance, a desirable insured might be a mature driver, insures multiple vehicles, and has a short commute. Any driver who meets those qualifications receives the best rates and as a result will probably cut their rates substantially.

Potential customers who don’t qualify for these standards will be quoted a more expensive rate which usually ends up with the driver buying from a lower-cost company. The ads state “customers that switch” but not “drivers who get quotes” save that much. This is how companies can make those claims.

This emphasizes why drivers must quote coverage with many companies. It is impossible to predict which insurance companies will give you the biggest savings on Mercedes-Benz E-Class insurance.

Tailor your coverage to you

When it comes to buying the best auto insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s and your policy should reflect that. For example, these questions might point out if your insurance needs might need professional guidance.

  • Is my Mercedes-Benz E-Class covered if I use it for business?
  • Which is better, split liability limits or combined limits?
  • Do I pay less for low miles?
  • What is the rate difference between pleasure use and commuting?
  • Can I afford low physical damage deductibles?
  • Can I get a multi-policy discount?
  • Are my tools covered if they get stolen from my vehicle?
  • Why am I required to buy liability insurance?
  • At what point should I drop full coverage?

If you can’t answer these questions, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form or go to this page to view a list of companies.

Car insurance coverages for a 1998 Mercedes-Benz E-Class

Learning about specific coverages of your policy aids in choosing the right coverages for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most car insurance policies.

Auto liability insurance

This coverage can cover damage that occurs to a person or their property that is your fault. It protects you against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 that translate to $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Alternatively, you may have a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like attorney fees, funeral expenses and emergency aid. The amount of liability coverage you purchase is up to you, but buy as high a limit as you can afford.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for bills for hospital visits, ambulance fees, EMT expenses, pain medications and dental work. They are utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive (Other than Collision)

This will pay to fix damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as fire damage, damage from flooding and a tree branch falling on your vehicle. The highest amount your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage provides protection when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.

Collision coverage

Collision coverage pays for damage to your E-Class resulting from a collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims like hitting a parking meter, backing into a parked car, rolling your car, hitting a mailbox and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Buy online or local, you save

When shopping online for auto insurance, never sacrifice coverage to reduce premiums. There are a lot of situations where an insured dropped physical damage coverage only to find out that the few dollars in savings costed them thousands. Your goal should be to get the best coverage possible for the lowest price, not the least amount of coverage.

We covered many ideas to lower your 1998 Mercedes-Benz E-Class insurance rates. The key concept to understand is the more rate quotes you have, the better your comparison will be. Drivers may discover the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising. These smaller insurers can often insure niche markets at a lower cost than their larger competitors like Allstate or State Farm.

Lower-priced insurance can be purchased both online and also from your neighborhood agents, and you should be comparing both to have the best chance of lowering rates. Some companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

More detailed auto insurance information is located in these articles: