How Much Does 1995 Mercedes-Benz E-Class Insurance Cost?

No one in their right mind cherishes buying car insurance, particularly when the cost is too high. Drivers have multiple auto insurance companies to purchase coverage from, and even though it’s nice to have a selection, so many choices can make it hard to locate the cheapest rates.

Insurance Prices

There are a lot of ways to compare insurance quotes, and some are less time-consuming than others. You could spend the better part of a day driving to insurance companies in your area, or you can stay home and use the web to get pricing more quickly.

Most car insurance companies take part in a program where prospective buyers complete one form, and each company then gives them pricing based on that data. This system prevents you from having to do form submissions to each individual insurance company.

To find out what other companies charge for 1995 Mercedes-Benz E-Class insurance click here (opens in new window).

The only drawback to pricing coverage this way is that you can’t choose the companies you want pricing from. If you wish to select from a list of companies to compare rates, we have a page of insurance companies in your area. Click here for list of insurance companies.

Whichever method you choose, compare identical quote information on every quote you get. If you use higher or lower deductibles it will be very difficult to make a fair comparison for your Mercedes-Benz E-Class.

Are you getting all your discounts?

Companies offering auto insurance do not list all available discounts in an easy-to-find place, so the following is a list of both well-publicized and the harder-to-find savings tricks you should be using. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • No Accidents – Claim-free drivers pay much less as compared to bad drivers.
  • Multiple Vehicles – Having multiple vehicles on the same auto insurance policy qualifies for this discount.
  • Anti-theft Discount – Anti-theft and alarm systems help deter theft and will save you 10% or more.
  • Good Students Pay Less – A discount for being a good student can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Save with a New Car – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
  • Paperless Signup – A handful of insurance companies will discount your bill up to fifty bucks simply for signing digitally online.

Keep in mind that some of the credits will not apply to the entire policy premium. Most only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So when the math indicates all the discounts add up to a free policy, auto insurance companies aren’t that generous.

Companies that may offer these money-saving discounts are:

Before buying, ask every prospective company how you can save money. All car insurance discounts may not apply in your area.

When might I need an agent?

When choosing the right insurance coverage, there is no best way to insure your cars. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight whether you might need professional guidance.

  • Are split liability limits better than a combined single limit?
  • Can I get a multi-policy discount?
  • Am I covered if hit by an uninsured driver?
  • What vehicles should carry emergency assistance coverage?
  • How much can I save by bundling my policies?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered if I break a side mirror?
  • When should I remove comp and collision on my 1995 Mercedes-Benz E-Class?
  • Can I afford to buy a different vehicle if my 1995 Mercedes-Benz E-Class is totaled?

If you don’t know the answers to these questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, simply complete this short form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can provide invaluable advice.

Why your Mercedes-Benz E-Class might be costing you more

Consumers need to have an understanding of the factors that come into play when calculating the rates you pay for auto insurance. Knowing what influences your rates allows you to make educated decisions that could result in much lower annual insurance costs.

The list below includes a partial list of the pieces companies use to determine premiums.

  • Claim-free discounts can add up – Auto insurance companies award discounts to insureds who are claim-free. If you file claims often, you can pretty much guarantee higher rates. Car insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Drive a safer car and pay less – Vehicles with good safety scores are cheaper to insure. The safest vehicles have better occupant injury protection and lower injury rates translates into fewer and smaller insurance claims and thus lower rates. If your Mercedes-Benz E-Class earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Liability insurance protects assets – The liability section of your policy provides coverage when a court rules you are at fault for damages caused by your negligence. Liability provides for a legal defense which can be incredibly expensive. Liability insurance is quite affordable compared to insuring for physical damage coverage, so drivers should carry high limits.
  • Males pay more for insurance – The statistics show that men are more aggressive behind the wheel. However, this does not mean women are better drivers. Women and men have accidents at a similar rate, but the men have costlier accidents. Men also statistically receive more costly citations such as DWI and reckless driving. Young males are several times more likely to be in an accident and are penalized with high auto insurance rates.

Insurance coverage considerations

Understanding the coverages of your insurance policy can help you determine which coverages you need for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Shown next are the normal coverages found on most insurance policies.

Collision coverages – This pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as damaging your car on a curb, sustaining damage from a pot hole, driving through your garage door and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible to get cheaper collision coverage.

Comprehensive (Other than Collision) – This coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, theft, vandalism and damage from flooding. The maximum payout a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your 1995 Mercedes-Benz E-Class.

Because many people have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is important protection for you and your family.

Medical expense insurance – Coverage for medical payments and/or PIP pay for expenses like nursing services, pain medications, rehabilitation expenses, hospital visits and EMT expenses. They are often used in conjunction with a health insurance program or if you do not have health coverage. They cover you and your occupants and also covers getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Coverage for liability – This can cover damages or injuries you inflict on other people or property that is your fault. It protects you against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see liability limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property.

Liability coverage protects against things such as legal defense fees, loss of income, emergency aid and repair costs for stationary objects. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible.

Summing up your insurance coverage search

The cheapest 1995 Mercedes-Benz E-Class insurance can be sourced online and with local insurance agents, and you need to comparison shop both to have the best selection. A few companies do not offer online quoting and these smaller companies work with independent agents.

We just covered a lot of tips how to shop for insurance online. The key thing to remember is the more price quotes you have, the higher your chance of finding lower rates. You may even find the best prices are with a lesser-known regional company. Smaller companies can often provide lower rates in certain areas as compared to the big name companies such as Allstate and Progressive.

Additional detailed information is available by following these links: