Lower Your 2012 Mercedes-Benz E-Class Insurance Cost

Finding lower rates for car insurance is nearly impossible for consumers not familiar with comparing rates online. Consumers have so many options that it can easily become more work than you anticipated to find the best price.

It’s important to check car insurance prices quite often because prices change frequently. Even if you got the best price on E-Class insurance six months ago other companies may now be cheaper. Ignore everything you know about car insurance because you’re about to find out the things you must know in order to reduce your cost while improving coverage.

Best discounts on 2012 Mercedes-Benz E-Class coverage

Insurance can cost an arm and a leg, but discounts can save money and there are some available that many people don’t even know exist. Some trigger automatically at the time of quoting, but a few need to be inquired about in order for you to get them.

  • Early Signing – Some insurance companies reward drivers for signing up prior to your current policy expiration. This can save 10% or more.
  • Good Students Pay Less – Performing well in school can get you a discount of up to 25%. This discount can apply well after school through age 25.
  • Government Employees – Employees or retirees of the government can earn a discount up to 10% on E-Class insurance depending on your company.
  • Fewer Miles Equal More Savings – Keeping the miles down on your Mercedes-Benz can qualify you for discounted rates on garaged vehicles.
  • Anti-lock Brakes – Vehicles with anti-lock braking systems are safer to drive and qualify for as much as a 10% discount.
  • Drivers Ed for Students – Require your teen driver to take driver’s ed class if offered at their school.
  • Student in College – Kids in college who are attending college and do not have a car may qualify for this discount.
  • Accident Free – Good drivers with no accidents pay much less compared to drivers who are more careless.
  • Homeowners Savings – Owning a house may trigger a auto insurance policy discount because of the fact that having a home demonstrates responsibility.

Consumers should know that most of the big mark downs will not be given to the entire policy premium. The majority will only reduce individual premiums such as collision or personal injury protection. So when it seems like all the discounts add up to a free policy, you won’t be that lucky. Any qualifying discounts will bring down your overall premium however.

Car insurance companies who might offer some of the above discounts include:

Before buying, ask all companies you are considering which discounts you may be entitled to. All car insurance discounts may not be available everywhere.

Comprehensive Insurance Comparison Quotes

To find the best insurance prices, there are several ways to compare quotes from different insurance companies. The quickest method to find competitive 2012 Mercedes-Benz E-Class insurance rates involves getting comparison quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. One of the simplest ways to get quotes would be an industry-wide quote request form like this one (opens in new window). This type of form prevents you from having to do repetitive form submissions for every insurance company. Just one form compares rates direct from many companies. It’s definitely the quickest method.
  2. A slightly less efficient method to find lower rates consists of visiting the website for each individual company and complete a new quote form. For examples sake, let’s assume you want comparison quotes from Allstate, Safeco and Travelers. To find out each rate you need to visit each site to input your insurance information, which is why most consumers use the first method. To view a list of companies in your area, click here.
  3. The least recommended way of getting rate comparisons is driving to insurance agents’ offices. Shopping for insurance online can eliminate the need for a local agent unless you prefer the professional advice that only a license agent can provide. However, consumers can compare the best prices online but still have the advice of a local agent and we’ll talk about that later.

Whichever method you choose, compare identical coverage limits and deductibles for each comparison quote. If you compare unequal deductibles or liability limits it will be next to impossible to determine which rate is truly the best. Just a small difference in limits may result in large price differences. Just remember that having more price comparisons gives you a better chance of getting the best rates.

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

Consumers need to have an understanding of some of the elements that go into determining the price you pay for insurance coverage. Knowing what influences your rates allows you to make educated decisions that may reward you with better insurance coverage rates.

  • Clean credit earns discounts – A driver’s credit rating is a large factor in calculating your insurance coverage rates. People with high credit scores tend to be more responsible as compared to drivers with lower credit scores. So if your credit rating can use some improvement, you could be paying less to insure your 2012 Mercedes-Benz E-Class by improving your credit score.
  • Women pay lower rates – The statistics show that women are safer drivers than men. Now that doesn’t mean women are BETTER drivers than men. Women and men are in accidents in similar percentages, but the male of the species tend to have more serious accidents. Men also tend to receive more costly citations like DUI and reckless driving.
  • Car features impact rates – Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft.
  • Multiple policies with one company can save – Some companies give discounts to customers who carry more than one policy. It’s known as a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. Even if you’re getting this discount it’s still a good idea to compare other company rates to confirm you are receiving the best rates possible.
  • Marriage brings a discount – Getting married helps lower the price on insurance coverage. Marriage means you’re more mature and responsible and it’s proven that married couples file fewer claims.
  • Rates may be lower depending on your job – Occupations like lawyers, social workers and dentists tend to pay the highest average rates in part from high stress levels and lengthy work days. Other occupations such as farmers, historians and retirees have the lowest average rates on E-Class insurance.
  • Pleasure use saves money – The higher the mileage driven in a year’s time the higher your rate. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Vehicles left parked in the garage can get a lower rate than vehicles that are driven to work every day. Make sure your insurance coverage declarations sheet shows the correct usage for each vehicle, because it can save money. If your policy improperly rates your E-Class can result in significantly higher rates.
  • Your location is important – Residing in a small town can save you money when it comes to insurance coverage. City drivers tend to have traffic congestion and much longer commute distances. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims.

Tailor your coverage to you

When choosing adequate coverage, there is no best way to insure your cars. Everyone’s situation is unique.

For instance, these questions could help you determine whether you might need professional guidance.

  • Am I covered if I hit my neighbor’s mailbox?
  • Does my policy cover me when driving someone else’s vehicle?
  • Why am I required to get a high-risk car insurance policy?
  • Is my dog or cat covered if injured in an accident?
  • Why am I required to buy high-risk coverage?
  • What is the ISO rating for a 2012 Mercedes-Benz E-Class?
  • Do I have coverage when making deliveries for my home business?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, take a second and complete this form.

Insurance coverages explained

Having a good grasp of your insurance policy can be of help when determining the right coverages for your vehicles. Insurance terms can be impossible to understand and reading a policy is terribly boring.

Auto collision coverage

This covers damage to your E-Class from colliding with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision can pay for claims like driving through your garage door, crashing into a ditch and colliding with a tree. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Coverage for liability

Liability coverage protects you from damage that occurs to a person or their property in an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one limit called combined single limit (CSL) which provides one coverage limit and claims can be made without the split limit restrictions.

Liability can pay for things like repair bills for other people’s vehicles, emergency aid, pain and suffering, funeral expenses and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for immediate expenses such as surgery, rehabilitation expenses, nursing services and pain medications. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and also covers getting struck while a pedestrian. Personal injury protection coverage is not universally available and may carry a deductible

Comprehensive insurance

This coverage will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like falling objects, hail damage, theft and rock chips in glass. The highest amount your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants as well as damage to your 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. So UM/UIM coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Final considerations

Drivers switch companies for any number of reasons including unfair underwriting practices, questionable increases in premium, an unsatisfactory settlement offer or even poor customer service. No matter why you want to switch, switching companies is pretty simple and you could end up saving a buck or two.

In this article, we covered a lot of ways to reduce 2012 Mercedes-Benz E-Class insurance prices online. The most important thing to understand is the more times you quote, the more likely it is that you will get a better rate. You may even discover the best prices are with a small mutual company.

As you shop your coverage around, do not buy less coverage just to save a little money. In many cases, someone sacrificed physical damage coverage only to regret at claim time that the savings was not a smart move. Your goal should be to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

Additional information