How Much Does 2018 Mercedes-Benz E-Class Insurance Cost in 2024?

Finding better insurance prices for a new or used Mercedes-Benz E-Class could be a lot of work, but you can use these tips and make it easy. There is a better way to shop for insurance and we’ll show you the absolute fastest way to get price quotes for a Mercedes-Benz and locate the lowest price from local insurance agents and online providers.

If you have a policy now or are just looking to switch companies, you will benefit by learning to find better prices while maximizing coverage. Pricing the lowest cost coverage is not that difficult. Drivers only need to know the most efficient way to get comparison rates online.

Do you qualify for discount car insurance?

The price of auto insurance can be rather high, but you might already qualify for some discounts that may help make it more affordable. Certain discounts will be triggered automatically when you complete an application, but occasionally some discounts must be manually applied before being credited.

• Multiple Cars – Buying coverage for primary and secondary vehicles with the same car insurance company qualifies for this discount.
• Distant Student – Children who live away from home to go to college and do not take a car to college may be able to be covered for less.
• Smart Student Discounts – Excelling in school may save as much as 25% on a insurance coverage quote. Most companies allow this discount up until you turn 25.
• Club Memberships – Joining specific professional or occupational memberships or organizations may earn a discount on car insurance.
• Seat Belt Discounts – Drivers who always wear seat belts and also require passengers to use their safety belts can save a little off PIP or medical payments premium.
• Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a small discount if you purchase life insurance.
• Pay Early and Save – If you pay your entire premium ahead of time instead of paying each month you may reduce your total bill.
• Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to successfully take a drivers education course if offered at their school.

Discounts save money, but please remember that most credits do not apply to the entire cost. A few only apply to the price of certain insurance coverages like collision or personal injury protection. Even though the math looks like you would end up receiving a 100% discount, it’s just not the way it works.

If you would like to see a list of insurers that offer discounts, enter your zip code here.

The best way we recommend to compare policy rates takes advantage of the fact almost all companies provide online access to give you rate quotes. To begin a comparison, all you need to do is provide a small amount of information like whether the vehicles are used for commuting, driver ages, if it has an alarm system, and whether you have decent credit. Your rating data is instantly submitted to many of the top insurers and you should receive rate quotes almost instantly.

You can change your insurance premiums

It’s important that you understand a few of the rating criteria that aid in calculating auto insurance rates. When consumers understand what impacts premium levels, this enables informed choices that could help you find cheaper rates. Many different elements are used in the calculation when you quote your car insurance policy. A few of the factors are predictable like your driving record, although some other factors are less obvious like your vehicle usage and annual miles driven.

The items below are some of the most rate-impacting factors that factor into premiums.

• Stay claim-free and save – Companies award the lowest premiums to insureds who do not file claims often. If you’re an insured who likes to file claims you can expect higher premiums or even policy non-renewal. Your car insurance is intended for claims that you cannot pay yourself.
• High deductibles cost less – Comprehensive and collision coverage deductibles define the amount you are required to spend in the event of a claim. Insurance for physical damage to your car, also called comprehensive and collision insurance, covers damage that occurs to your car. Some coverage claims would be colliding with a stationary object, animal collisions, and having a roll-over accident. The larger the amount the insured has to pay upfront, the lower your rates will be for E-Class coverage.
• More traffic equals higher costs – Having an address in a small town has it’s advantages when it comes to auto insurance. Less people corresponds to lower accident rates as well as less vandalism and auto theft. City drivers have to deal with more traffic problems and a longer drive to work. More time behind the wheel means more chance of being in an accident.
• Car plus home equals more savings – Most larger insurance companies afford a discount to insureds who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to 10 percent or more. Even though this discount sounds good, it’s always a smart idea to check prices from other companies to help guarantee you have the best rates. It’s possible to still find a better deal by splitting coverages up.
• Know your credit score – Having a bad credit rating is a big factor in determining your rates. Drivers who have high credit ratings tend to file fewer claims and have better driving records as compared to drivers with lower credit ratings. If your credit score is not that good, you could save money insuring your 2018 Mercedes-Benz E-Class if you improve your credit rating.

What insurance coverages do I need?

When buying adequate coverage for your personal vehicles, there is no best way to insure your cars. Everyone’s situation is a little different.

For example, these questions may help highlight whether you will benefit from professional help.

• Can I drive in Mexico and have coverage?
• Do I have coverage for damage caused while driving under the influence?
• How much liability coverage do I need in my state?
• Should I rate my 2018 Mercedes-Benz E-Class as pleasure use or commute?
• What vehicles should carry emergency assistance coverage?
• Should I have a commercial auto policy?
• How do I insure my teen driver?
• Should I carry comprehensive and collision coverage?
• Do I have coverage when pulling a U-Haul trailer?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and enter your zip code. It is quick, free and may give you better protection.

But they said I’d save $418 a year!

Consumers can’t ignore all the ads for car insurance savings from the likes of State Farm, GEICO and Progressive. They all seem to make the same claim about saving some big amount if you move your policy.

How does each company say the same thing?

Different companies give the best rates for the type of customer that earns them the highest profit. For instance, this type of driver should be a female over age 40, has no claims, and has a high credit rating. Any customer that fits those parameters will probably get the lowest premium rates and therefore will cut their rates if they switch.

Consumers who do not match this stringent profile will get a higher rate with the end result being the customer not purchasing. If you pay attention, the ads say “people who switch” not “all people who quote” save the amount stated. That’s why companies can truthfully make claims that they all have the best premium rates. Because of this risk profiling, it is so important to do a quote comparison often. It’s impossible to know which insurance companies will fit you best based on your risk profile.

Auto insurance coverage specifics

Learning about specific coverages of your policy can be of help when determining appropriate coverage for your vehicles. Auto insurance terms can be difficult to understand and reading a policy is terribly boring.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses for things like surgery, pain medications, nursing services and EMT expenses. They are used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive protection – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, hail damage, a broken windshield and theft. The most your auto insurance company will pay is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Auto liability – Liability insurance protects you from damage or injury you incur to other’s property or people in an accident. It protects you against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 which stand for $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged property.

Liability can pay for claims like pain and suffering, court costs, repair costs for stationary objects, loss of income and structural damage. How much liability coverage do you need? That is your choice, but it’s cheap coverage so purchase higher limits if possible.

Collision coverages – Collision insurance covers damage to your E-Class resulting from a collision with another car or object. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a parking meter, sideswiping another vehicle, driving through your garage door and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage – Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your Mercedes-Benz E-Class.

Since many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Save for a rainy day

As you prepare to switch companies, you should never reduce coverage to reduce premium. In too many instances, someone dropped physical damage coverage only to regret at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage at a price you can afford and still be able to protect your assets.

Cost effective 2018 Mercedes-Benz E-Class insurance is attainable both online and from local insurance agents, and you need to comparison shop both to get a complete price analysis. There are still a few companies who do not offer online rate quotes and these small, regional companies prefer to sell through independent insurance agents.

People who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, denial of a claim, policy cancellation and poor customer service. It doesn’t matter what your reason, finding a new company can be easier than you think.