1996 Mercedes-Benz E-Class Insurance Rates

Locating cheaper insurance for your Mercedes-Benz E-Class can turn out to be difficult, but you can learn the following methods to find lower rates.

There are both good and bad ways to buy insurance coverage so you’re going to learn the absolute fastest way to quote coverages on a Mercedes-Benz and find the lowest possible price either online or from local insurance agents.

Factors that can influence Mercedes-Benz E-Class insurance rates

An important part of buying insurance is that you know the rating factors that help determine the rates you pay for car insurance. Having a good understanding of what influences your rates enables informed choices that may reward you with much lower annual insurance costs.

  • Never allow your policy to lapse – Not having insurance is illegal and you will pay a penalty because you let your coverage lapse. And not only will your rates increase, failure to provide proof of insurance can result in a revoked license or a big fine.You may need to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Occupation reflects on rates – Occupations like judges, architects and stock brokers tend to pay the highest rates because of high stress levels and lots of time spent at work. On the other hand, jobs such as farmers, students and the unemployed have the lowest average rates for E-Class coverage.
  • Low deductibles can be expensive – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your Mercedes-Benz. Examples of covered claims are running into the backend of another car, damage caused by hail, and burglary. Your deductibles are how much you are willing to pay out-of-pocket before your car insurance pays a claim. The higher the amount you’re willing to pay, the bigger discount you will receive for E-Class coverage.
  • Cautious drivers pay less – Drivers with clean records have lower premiums than people who have multiple driving citations. Only having one citation may increase your cost twenty percent or more. Drivers with severe tickets like hit and run, DWI or reckless driving convictions are required to submit a SR-22 form to the state department of motor vehicles in order to drive a vehicle legally.
  • Don’t get talked into coverage you don’t need – There are a lot of extra coverages that you can get tricked into buying when buying car insurance. Insurance for personal injury protection, accidental death and additional equipment coverage may be wasting your money. These may sound like a good investment initially, but now you might not need them so eliminate the coverages to reduce your premium.
  • Women pay lower rates – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean men are WORSE drivers than women. Women and men have accidents in similar numbers, but the male of the species tend to have more serious accidents. Men also tend to get cited for more serious violations such as DWI and reckless driving.
  • Better credit means lower rates – Having a bad credit score is a important factor in your rate calculation. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower ratings. If your credit history is low, you could be paying less to insure your 1996 Mercedes-Benz E-Class by spending a little time repairing your credit.
  • Safer occupants lowers premiums – Safer cars can get you lower premiums. Safe vehicles reduce injuries and lower injury rates means lower claim amounts and thus lower rates. If the Mercedes-Benz E-Class scored better than 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.

How to save on 1996 Mercedes-Benz E-Class insurance

Insurance can cost an arm and a leg, but discounts can save money and there are some available to help bring down the price. Some trigger automatically when you quote, but less common discounts must be requested specifically prior to getting the savings. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • Multiple Policy Discount – If you have multiple policies with the same insurance company you may save approximately 10% to 15%.
  • Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% less for E-Class coverage than less cautious drivers.
  • Good Students Pay Less – Performing well in school can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.
  • More Vehicles More Savings – Having multiple cars or trucks on one policy qualifies for this discount.
  • Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can reduce accidents and earn discounts up to 10%.
  • Auto/Life Discount – Companies who offer life insurance give lower rates if you buy auto and life insurance together.
  • Homeowners Discount – Owning a house can save you money because maintaining a house requires personal responsibility.
  • Paperless Signup – A few companies may give you up to $50 simply for signing digitally online.
  • No Claims – Claim-free drivers pay much less when compared with accident-prone drivers.
  • Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.

A little note about advertised discounts, most discount credits are not given to your bottom line cost. Most only cut the price of certain insurance coverages like comp or med pay. So even though they make it sound like you could get a free car insurance policy, it doesn’t quite work that way. Any amount of discount will bring down the amount you have to pay.

To see a list of insurers with discount car insurance rates, click this link.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a “best” method to buy coverage. Each situation is unique.

For instance, these questions may help you determine if your insurance needs may require specific advice.

  • Does my personal policy cover me when driving out-of-state?
  • Is my babysitter covered when using my vehicle?
  • Do I need special endorsements for business use of my vehicle?
  • What is medical payments coverage?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Should I have a commercial auto policy?
  • What exactly is covered by my policy?
  • Can I make deliveries for my home business?
  • Should I file a claim if it’s only slightly more than my deductible?

If you’re not sure about those questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Auto insurance 101

Knowing the specifics of your insurance policy can help you determine the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and nobody wants to actually read their policy.

Collision insurance

Collision coverage pays for damage to your E-Class from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like colliding with a tree, driving through your garage door and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to get cheaper collision coverage.

Coverage for medical payments

Coverage for medical payments and/or PIP reimburse you for immediate expenses for things like funeral costs, EMT expenses, X-ray expenses and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if there is no health insurance coverage. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Uninsured and underinsured coverage

This gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Frequently these coverages are identical to your policy’s liability coverage.

Auto liability

Liability insurance can cover injuries or damage you cause to other people or property that is your fault. This coverage protects you against other people’s claims, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as repair bills for other people’s vehicles, bail bonds and legal defense fees. How much liability should you purchase? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as damage from getting keyed, fire damage, vandalism, damage from flooding and rock chips in glass. The most a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider dropping full coverage.

A penny saved is a penny earned

In this article, we covered many ideas to get a better price on 1996 Mercedes-Benz E-Class insurance. The most important thing to understand is the more times you quote, the better likelihood of reducing your rate. You may even find the most savings is with a small mutual company.

As you go through the steps to switch your coverage, make sure you don’t buy less coverage just to save a little money. In too many instances, an insured dropped liability coverage limits only to regret that it was a big mistake. The aim is to find the BEST coverage for the lowest price.

Insureds who switch companies do it for any number of reasons including poor customer service, not issuing a premium refund, high prices or lack of trust in their agent. It doesn’t matter why you want to switch finding a great new company is actually quite simple.

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