1996 Mercedes-Benz E-Class Insurance Cost

Locating low-cost insurance for a Mercedes-Benz E-Class can be a painful process, but you can learn a few tricks to make it easier.

There are both good and bad ways to compare insurance coverage rates so you’re going to learn the quickest way to compare rates for a new or used Mercedes-Benz and obtain the lowest price either online or from local insurance agents.

You should make it a habit to check insurance coverage prices occasionally due to the fact that insurance prices change frequently. Even if you think you had the best deal for E-Class insurance two years ago you may be paying too much now. Forget all the misinformation about insurance coverage because you’re about to learn the only way to lower your annual insurance bill.

If you have insurance now or need new coverage, you can follow these tips to reduce the price you pay while maintaining coverages. Shopping for more affordable insurance coverage is simple if you know the tricks. Drivers only need an understanding of the most effective way to get comparison rates over the internet.

Learn how to lower your insurance rates

Many different elements are part of the equation when premium rates are determined. Some are obvious such as your driving history, although some other factors are more transparent such as your credit history or your commute time.

Shown below are some of the factors used by companies to determine your rate level.

  • Certain jobs raise premiums – Did you know your occupation can influence how much you pay for car insurance? Jobs like fire fighters, business owners and emergency personnel have higher rates than the rest of us attributed to stressful work requirements and long work hours. Conversely, jobs such as farmers, students and the unemployed get better rates for E-Class insurance.
  • Higher physical damage deductibles are cheaper – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your Mercedes-Benz. Examples of some claims that would be covered are a broken side mirror, damage caused by hail, and damage from a fallen tree branch. Physical damage deductibles define how much you are required to spend if the claim is covered. The more damage repair cost you pay before a claim is paid (deductible), the less money you will pay for car insurance for E-Class insurance.
  • Cut car insurance rates and deter theft – Choosing a vehicle with a theft deterrent system can save you a little every year. Advanced theft deterrents like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping vehicle theft.
  • Gender is a factor – Statistics demonstrate that females tend to be a little less risky than males. That doesn’t necessarily mean that men are WORSE drivers than women. Males and females are in fender benders at about the same rate, but the men have costlier accidents. Men also have more aggressive citations like DUI and reckless driving.
  • More people means more accidents – Being located in a rural area can save you money when buying car insurance. Fewer drivers and short commutes means a lower chance of having an accident. Drivers in populated areas have more traffic problems and longer commute times. The longer drive time means a statistically higher chance of an accident.

Get cheap car insurance with discounts

Car insurance is not an enjoyable expense, but there could be significant discounts that you may not even be aware of. Many of these discounts will be applied automatically when you complete an application, but once in a while a discount must be inquired about prior to receiving the credit.

  • Life Insurance – Larger insurance companies have a discounted car insurance rate on car insurance if you buy a life policy as well.
  • Theft Deterent Discount – Vehicles that have factory anti-theft systems help deter theft and earn discounts up to 10% off your auto insurance quote.
  • Discounts for Government Workers – Federal government employees may reduce rates when you quote auto insurance for E-Class insurance with certain companies.
  • Discount for New Cars – Adding a new car to your policy can save up to 30% since newer models have better safety ratings.
  • Club Memberships – Being a member of a qualifying organization can get you a small discount on your policy.
  • Distant Student – Youth drivers who live away from home to go to college and don’t have a car may be able to be covered for less.
  • Good Students Pay Less – This discount can get you a discount of up to 25%. Many companies even apply the discount to college students up to age 25.
  • Defensive Driver Discount – Participating in a course teaching defensive driving skills can save you 5% or more if you qualify.

As a footnote on discounts, some credits don’t apply to all coverage premiums. Some only apply to specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

A list of car insurance companies and a selection of discounts can be read below.

  • GEICO offers discounts including military active duty, federal employee, good student, anti-theft, and seat belt use.
  • Travelers has savings for home ownership, good student, early quote, payment discounts, hybrid/electric vehicle, and save driver.
  • Farm Bureau may offer discounts for renewal discount, multi-policy, driver training, good student, multi-vehicle, 55 and retired, and safe driver.
  • Liberty Mutual may include discounts for teen driver discount, multi-car, new move discount, good student, and new graduate.
  • American Family includes discounts for good driver, multi-vehicle, early bird, good student, Steer into Savings, TimeAway discount, and accident-free.
  • Progressive has discounts for homeowner, multi-policy, continuous coverage, good student, and online quote discount.

When getting free auto insurance quotes, it’s a good idea to every company the best way to save money. A few discounts might not be available to policyholders in your area. If you would like to see a list of insurance companies with the best car insurance discounts, click here.

Tailor your car insurance coverage to you

When choosing adequate coverage, there isn’t really a “best” method to buy coverage. Every situation is different.

Here are some questions about coverages that may help highlight whether you would benefit from professional advice.

  • Am I covered if I break a side mirror?
  • Why do I only qualify for high-risk insurance?
  • Who is covered when they drive my 1996 Mercedes-Benz E-Class?
  • If my 1996 Mercedes-Benz E-Class is totaled, can I afford another vehicle?
  • If my pet gets injured in an accident are they covered?
  • Does insurance cover damages from a DUI accident?
  • Am I missing any policy discounts?
  • Does my insurance cover my expensive audio equipment?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Car insurance coverages and their meanings

Having a good grasp of car insurance helps when choosing which coverages you need at the best deductibles and correct limits. Car insurance terms can be difficult to understand and reading a policy is terribly boring.

Auto liability – This can cover damages or injuries you inflict on other people or property by causing an accident. This insurance protects YOU from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like court costs, emergency aid, repair bills for other people’s vehicles and legal defense fees. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase as high a limit as you can afford.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like rehabilitation expenses, funeral costs, chiropractic care, doctor visits and dental work. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Collision coverages – This coverage pays for damage to your E-Class resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as hitting a mailbox, crashing into a building, sideswiping another vehicle and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to bring the cost down.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when other motorists do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your 1996 Mercedes-Benz E-Class.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Comprehensive protection – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as vandalism, hail damage, fire damage, hitting a bird and damage from flooding. The maximum payout your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Summing up your insurance search

You just learned many ideas to lower your 1996 Mercedes-Benz E-Class insurance premium rates. It’s most important to understand that the more price quotes you have, the better likelihood of getting low cost auto insurance. You may even discover the most savings is with a company that doesn’t do a lot of advertising.

While you’re price shopping online, it’s a bad idea to skimp on coverage in order to save money. There are too many instances where drivers have reduced physical damage coverage and discovered at claim time that they should have had better coverage. Your focus should be to buy the best coverage you can find at the best cost, but do not skimp to save money.

Consumers switch companies for a number of reasons such as policy non-renewal, an unsatisfactory settlement offer, high rates after DUI convictions or even denial of a claim. It doesn’t matter what your reason, finding the right insurance provider is less work than it seems.

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