View 1995 Mercedes-Benz E-Class Insurance Rates

Trying to find cheaper insurance rates for your Mercedes-Benz E-Class? Beginners to comparing insurance coverage rates online are likely to find sourcing affordable auto insurance is quite challenging.

Lower rates by qualifying for discounts

Not too many consumers would say auto insurance is affordable, but you may find discounts that many people don’t even know exist. Certain discounts will be triggered automatically when you complete an application, but some may not be applied and must be inquired about before you will receive the discount. If you don’t get every credit you qualify for, you could be getting lower rates.

  • Early Signing – Some companies give discounts for switching policies early. The savings is around 10%.
  • Multiple Vehicles – Buying insurance for more than one vehicle on one policy qualifies for this discount.
  • Discount for Low Mileage – Driving fewer miles can earn slightly better auto insurancerates than normal.
  • Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase some life insurance in addition to your auto policy.
  • Homeowners Savings – Just owning your own home may trigger a policy discount on auto insurance because it shows financial diligence.
  • Cautious Drivers – Accident-free drivers can pay as much as 50% less for E-Class insurance compared to rates paid by drivers with frequent claims.
  • Military Rewards – Having a family member in the military could qualify you for better rates.

A quick disclaimer, many deductions do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability, collision or medical payments. Even though it appears you would end up receiving a 100% discount, you’re out of luck.

Large auto insurance companies and a summarized list of policyholder discounts are outlined below.

  • American Family includes discounts for accident-free, multi-vehicle, good student, bundled insurance, air bags, TimeAway discount, and early bird.
  • Farm Bureau may have discounts that include multi-policy, good student, renewal discount, youthful driver, and 55 and retired.
  • State Farm may offer discounts for good student, multiple policy, safe vehicle, driver’s education, and student away at school.
  • Travelers offers discounts for good student, payment discounts, hybrid/electric vehicle, multi-car, and save driver.
  • The Hartford has savings for driver training, defensive driver, air bag, good student, bundle, and vehicle fuel type.
  • GEICO has discounts for emergency military deployment, multi-policy, five-year accident-free, anti-lock brakes, and driver training.
  • Progressive discounts include multi-policy, good student, homeowner, online quote discount, multi-vehicle, online signing, and continuous coverage.

If you want the cheapest auto insurance quotes, ask all companies you are considering which discounts can lower your rates. A few discounts might not apply in your area. If you would like to view insurance companies who offer auto insurance discounts, click here to view.

Buy insurance coverage online

To find low cost rates, there are a couple of ways to compare rate quotes from insurance coverage companies in your area. The best way to lower the rate you pay for 1995 Mercedes-Benz E-Class insurance consists of shopping online. This is very easy and can be done in several different ways.

  • Hands down the most simple method consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This quick form saves time by eliminating boring form submissions for every company. Completing one form gets you price quotes from multiple companies. This is perfect if you don’t have a lot of time.
  • A less efficient way to compare prices is to manually visit the website for each individual company and go through the quote process again. For instance, let’s assume you want to view quotes from USAA, Farmers and American Family. You would need to spend time going to each site individually and repeatedly enter your information, which can get old fast.

    For a handy list of car insurance company links in your area, click here.

  • The last way to quote and compare insurance rates is calling or driving to insurance agents’ offices. Quoting online has made agencies unnecessary unless you prefer the peace of mind only provided by licensed agents. Some companies do allow you to price shop online and still use a local agent.

The approach you take is up to you, just ensure you are comparing exactly the same coverage information for each quote you get. If you use different coverage information you will not be able to determine the lowest rate for your Mercedes-Benz E-Class. Having just a slight variation in coverages could throw off the whole comparison. It’s important to know that obtaining a wide range of quotes helps increase your odds of locating the best offered rates.

The Mercedes-Benz E-Class insurance cost equation

Lots of factors are taken into consideration when quoting car insurance. Most are fairly basic such as your driving history, but other factors are not as apparent such as whether you are married or your vehicle rating.Part of the insurance buying process is learning the rating factors that help determine your premiums. If you have a feel for what determines premiums, this helps enable you to make changes that will entitle you to cheaper rates.

The list below includes some of the things utilized by car insurance companies to help set your prices.

  • What’s your car’s crash test rating? – Vehicles with high crash test scores can get you lower premiums. Safe vehicles protect occupants better and lower rates of occupant injuries means your insurance company pays less which can result in lower premiums. If the Mercedes-Benz E-Class earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Older drivers pay less – Mature drivers are shown to be more cautious, are lower risk to insure .Inexperience drivers are known to be less responsible in a vehicle therefore insurance rates are much higher.
  • Where you reside can affect costs – Living in areas with lower population may provide you with better prices when trying to find low car insurance rates. People in densly populated areas regularly have more traffic problems and more time behind the wheel. Fewer drivers on the road translates into fewer accident claims and lower theft and vandalism rates.
  • Does your vocation raise your insurance rates? – Occupations like real estate brokers, architects and dentists are shown to have higher premium rates due to job stress and incredibly demanding work hours. On the flip side, occupations such as farmers, athletes and homemakers generally pay rates lower than average for E-Class insurance.
  • Multi-policy discounts can save money – Most major insurance companies give a discount to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Discounts can add up to ten or even up to twenty percent in some cases. Even if you already get this discount, drivers will still want to compare other insurance prices to guarantee you are still saving the most.
  • Filing insurance claims can cost more – Companies award better rates to drivers who only file infrequent claims. If you are a frequent claim filer, you can expect either policy cancellation or increased premiums. Your car insurance is meant to be used in the event of more catestrophic claims.
  • Females tend to be lower risk – The statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that females are better at driving than males. Both genders get in auto accidents in similar percentages, but men tend to have higher claims. Not only that, but men also get higher numbers of serious violations like reckless driving and DUI.

Insurance coverage is unique, just like you

When it comes to choosing the right insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s.

For instance, these questions may help highlight if you might need an agent’s assistance.

  • At what point should I drop full coverage?
  • Where can I find high-risk insurance?
  • Should I waive the damage coverage when renting a car?
  • I have a DUI can I still get coverage?
  • What companies insure drivers after a DUI or DWI?
  • Is my state a no-fault state?
  • What is the minimum liability in my state?

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

Insurance coverage considerations

Understanding the coverages of insurance can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy.

Comprehensive coverages

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from a tornado or hurricane, fire damage, hitting a deer and damage from flooding. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for bills for things like prosthetic devices, nursing services and ambulance fees. They are often utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Coverage for collisions

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

Collision can pay for things like driving through your garage door, crashing into a ditch, colliding with a tree, hitting a parking meter and crashing into a building. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

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. So UM/UIM coverage is very important.

Coverage for liability

Liability insurance can cover damage or injury you incur to people or other property that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000.

Liability coverage pays for claims like medical services, repair costs for stationary objects and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as much as you can afford.

Make a quick buck

We just covered a lot of techniques to save on 1995 Mercedes-Benz E-Class insurance. The key thing to remember is the more quotes you get, the better your chances of lowering your prices. Drivers may discover the biggest savings come from the smaller companies.

When searching for low cost auto insurance quotes, you should never skimp on coverage in order to save money. There are a lot of situations where someone dropped uninsured motorist or liability limits only to discover later that they should have had better coverage. Your focus should be to purchase plenty of coverage for the lowest price and still be able to protect your assets.

Cost effective 1995 Mercedes-Benz E-Class insurance is possible from both online companies and also from your neighborhood agents, and you should be comparing both to have the best rate selection. There are still a few companies who may not have price quotes online and many times these regional carriers only sell coverage through independent agencies.

Additional resources