Having to pay for overpriced insurance can sap your checking account, especially in this economy. Price shopping at each renewal can help to ensure you are getting the best deal.
Multiple auto insurance companies compete for your business, so it’s not easy to compare every provider and uncover the absolute best rates possible.
It’s important to shop coverage around every six months since insurance prices change frequently. If you had the best deal for E-Class insurance a few years ago you can probably find a lower rate today. Forget all the misinformation about insurance because you’re going to get a crash course in how to use the internet to save on insurance.
If you have a current insurance coverage policy or are just looking to switch companies, you can learn to reduce the price you pay and still get good coverage. Finding affordable coverage is not that difficult. Drivers just need to understand the proper methods to buy insurance coverage online.
Getting cheap 2014 Mercedes-Benz E-Class car insurance pricing is actually easier than you may think. Just take a few minutes to compare rate quotes from some recommended companies. This can easily be done in a couple of different ways.
The single most time-saving way consumers can make multiple comparisons is an all-inclusive rate comparison (click to open form in new window). This style of form eliminates the need for separate quote forms for every prospective company. A single, simple form gets coverage cost estimates instantly.
A less efficient way to shop for car insurance online is to manually visit each company’s website and fill out their own quote form. For examples sake, we’ll pretend you want comparison quotes from GEICO, Liberty Mutual and Progressive. In order to get each rate, you would have to spend time going to each site individually and punch in your information repeatedly, which is not fast way to get rate quotes. For a list of links to insurance companies in your area, click here.
The hardest method to compare price estimates is to spend time driving to different agent offices. The fact that you can get quotes online eliminates this option unless you prefer the extra assistance of a licensed agent. If you prefer, some companies allow you to comparison shop online but buy the policy through an agent.
Compare rates however you want, just double check that you are using equivalent quote data on every price quote you get. If you compare different coverage information then you won’t be able to make an equal comparison.
Some companies don’t always publicize all disounts in a way that’s easy to find, so the list below details some of the more common and also the lesser-known ways to save on car insurance. If you are not receiving all the discounts you qualify for, you’re just leaving money on the table.
As is typical with insurance, most discounts do not apply to all coverage premiums. Some only reduce the price of certain insurance coverages like liability and collision coverage. Even though the math looks like adding up those discounts means a free policy, nobody gets a free ride.
If you would like to see a list of providers that offer the discounts shown above, click this link.
Many different elements are used in the calculation when pricing auto insurance. A few of the factors are predictable like a motor vehicle report, but other criteria are not as apparent like where you live or your vehicle rating.
The factors shown below are some of the things used by insurance companies to determine your prices.
When it comes to buying the right insurance coverage, there is no one size fits all plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. For instance, these questions may help you determine whether you will benefit from professional help.
If it’s difficult to answer those questions then you might want to talk to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It only takes a few minutes and may give you better protection.
Understanding the coverages of insurance can help you determine the right coverages and the correct deductibles and limits. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverage types available from insurance companies.
Collision coverage – Collision coverage will pay to fix damage to your E-Class caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage pays for things such as driving through your garage door, damaging your car on a curb, sideswiping another vehicle, hitting a parking meter and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. It’s also possible to bump up the deductible to get cheaper collision coverage.
Medical payments and PIP coverage – Coverage for medical payments and/or PIP pay for immediate expenses for things like X-ray expenses, doctor visits and prosthetic devices. They can be utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage
Auto liability – Liability coverage will cover damage or injury you incur to people or other property by causing an accident. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 100/300/100 that translate to $100,000 in coverage for each person’s 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. Alternatively, you may have a combined limit which limits claims to one amount rather than limiting it on a per person basis.
Liability coverage pays for things such as funeral expenses, bail bonds, legal defense fees, structural damage and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but consider buying as high a limit as you can afford.
UM/UIM (Uninsured/Underinsured Motorist) coverage – This protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for medical payments for you and your occupants and also any damage incurred to your Mercedes-Benz E-Class.
Since a lot of drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important. Usually these coverages are identical to your policy’s liability coverage.
Comprehensive auto coverage – Comprehensive insurance covers damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims such as hitting a bird, theft and damage from a tornado or hurricane. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
Lower-priced car insurance is possible on the web in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money. A few companies do not offer online quoting and many times these regional carriers sell through local independent agencies.
Throughout this article, we presented a lot of techniques to save on 2014 Mercedes-Benz E-Class insurance. It’s most important to understand that the more rate quotes you have, the better your comparison will be. You may even discover the best price on car insurance is with the smaller companies. Some small companies often have lower auto insurance rates on specific markets compared to the large companies like Allstate, GEICO and Progressive.
Much more information about car insurance is available on the following sites: