Cheaper 2004 Mercedes-Benz E-Class Car Insurance Quotes

Searching for cheaper auto insurance rates for your Mercedes-Benz E-Class? Consumers who are new to comparing insurance rates online will discover buying low-cost auto insurance quite difficult.

Finding affordable coverage is quite easy. Just about every vehicle owner who buys insurance most likely will be able to reduce their rates. But consumers do need to understand the way companies determine prices because it can help you find the best coverage.

These factors can influence what you pay for Mercedes-Benz E-Class insurance

An important part of buying insurance is that you know some of the elements that go into determining insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that can help you get much lower annual insurance costs.

  • Discounts for multiple policies – The majority of companies will give a discount to customers who have multiple policies with them. It’s known as a multi-policy discount. Discounts can be anywhere from five to ten percent in most cases. Even with this discount, it’s still a good idea to shop around to make sure you are getting the best deal.
  • Don’t get talked into coverage you don’t need – There are quite a few extra coverages that you can get tricked into buying if you aren’t careful. Things like rental car reimbursement, accidental death and term life insurance may be wasting your money. These coverages may sound good when talking to your agent, but if they’re wasting money remove them from your policy.
  • Do you know your deductibles? – Deductibles for physical damage define the amount you are willing to pay before your insurance pays a claim. Coverage for physical damage, termed comprehensive and collision coverage on your policy, is used to repair damage to your car. Examples of covered claims could be running into the backend of another car, collision with an animal, and burglary. The higher the amount you’re willing to pay, the less your company will charge you for insurance on E-Class insurance.
  • Liability coverage is peace of mind – Your policy’s liability coverage is the coverage that protects you if you are found to be at fault for causing damage or personal injury in an accident. Liability insurance provides legal defense coverage starting from day one. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so drivers should carry high limits.
  • You might want pay the small claims yourself – If you are a frequent claim filer, you can expect either policy cancellation or increased premiums. Companies award discounts to insureds who file claims infrequently. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Equipment add-ons that lower insurance rates – Purchasing a vehicle with an alarm system can get you a discount on your insurance. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Your stress level may be raising your rates – Occupations such as doctors, executives and stock brokers have the highest rates attributed to job stress and lengthy work days. On the other hand, professions such as actors, students and retirees get better rates on E-Class insurance.

Compare Auto Insurance Costs

To find the best auto insurance prices, there are several ways to compare rate quotes and find the best price. The easiest way to find the cheapest 2004 Mercedes-Benz E-Class insurance rates involves getting comparison quotes online. This is very easy and can be done using a couple different methods.

The most efficient way to get quotes for comparison is an all-inclusive rate comparison (click to open form in new window). This easy form prevents you from having to do boring form submissions for each company. A single form gets rate comparisons direct from many companies. Just one form and you’re done.

A different way to shop for auto insurance online consists of visiting the website for each individual company to complete their respective quote request forms. For instance, let’s assume you want rates from Progressive, Liberty Mutual and GMAC. To get each rate you have to spend time on each company’s site and enter your policy data, which is why the first method is more popular.

For a list of links to companies insuring cars in your area, click here.

The most time-consuming way of getting rate comparisons is to drive around to local insurance agencies. Shopping for auto insurance online can eliminate the need for a local agent unless you require the professional guidance that only a license agent can provide. It is possible to get prices online and still use a local agent and we’ll touch on that later.

It’s up to you how you get prices quotes, just make darn sure you compare exactly the same coverage limits with each company. If you are comparing different limits and deductibles on each one you will not be able to truly determine the lowest rate. Just a small difference in limits can mean a large discrepancy in price. Just keep in mind that obtaining a wide range of quotes will increase your chances of finding the best offered rates.

Discounts can save BIG

Auto insurance companies do not list every available discount in an easy-to-find place, so here is a list both the well known and also the lesser-known savings tricks you should be using.

  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class in school.
  • Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and earn discounts up to 10%.
  • Seat Belts Save – Buckling up and requiring all passengers to use a seat belt can save up to 15% on the medical payments or PIP coverage costs.
  • Memberships – Being a member of a civic or occupational organization is a good way to get lower rates on your policy on E-Class insurance.
  • New Car Discount – Insuring a new car is cheaper because new vehicles have to meet stringent safety requirements.
  • One Accident Forgiven – Certain companies will allow you to have one accident before your rates go up if you are claim-free for a set time period.
  • Defensive Driving Course – Completing a defensive driving course could cut 5% off your bill depending on where you live.
  • Military Discounts – Being on active duty in the military may qualify for rate reductions.

Keep in mind that some credits don’t apply to all coverage premiums. Most only cut individual premiums such as medical payments or collision. So despite the fact that it appears you could get a free insurance policy, it doesn’t quite work that way.

To see a list of providers who offer insurance discounts, follow this link.

Will just any policy work for me?

When it comes to choosing the best car insurance coverage for your vehicles, there really is no single plan that fits everyone. Every situation is different.

These are some specific questions could help you determine if you might need professional guidance.

  • What vehicles should carry emergency assistance coverage?
  • Do I have coverage when making deliveries for my home business?
  • When should I drop full coverage on my 2004 Mercedes-Benz E-Class?
  • Am I getting all the discounts available?
  • Do I need replacement cost coverage on my 2004 Mercedes-Benz E-Class?
  • Are my tools covered if they get stolen from my vehicle?
  • Do I have newly-aquired coverage?
  • Should I sign the liability waiver when renting a car?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form.

Parts of your insurance policy

Having a good grasp of a insurance policy aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring.

Liability coverages

Liability coverage can cover damage that occurs to people or other property in an accident. It protects you against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that translate to a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like loss of income, repair costs for stationary objects, pain and suffering, structural damage and attorney fees. The amount of liability coverage you purchase is a personal decision, but buy higher limits if possible.

Auto collision coverage

Collision coverage pays for damage to your E-Class caused by collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like rolling your car, crashing into a ditch and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. You can also raise the deductible to save money on collision insurance.

Protection from uninsured/underinsured drivers

This protects you and your vehicle’s occupants from other drivers when they 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.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like rehabilitation expenses, prosthetic devices and funeral costs. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. PIP coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

This coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, a broken windshield and damage from a tornado or hurricane. The highest amount your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Shop. Compare. Save.

As you restructure your insurance plan, you should never reduce needed coverages to save money. There are too many instances where someone dropped uninsured motorist or liability limits only to find out they didn’t purchase enough coverage. Your aim should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

People switch companies for many reasons like delays in paying claims, delays in responding to claim requests, denial of a claim or questionable increases in premium. Whatever your reason, switching insurance coverage companies is pretty simple and you could end up saving a buck or two.

We just showed you a lot of ways to compare 2004 Mercedes-Benz E-Class insurance prices online. The key concept to understand is the more you quote, the better likelihood of reducing your rate. You may even find the biggest savings come from the smaller companies.

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