2021 Mercedes-Benz E-Class Car Insurance Quotes in 2024 – 8 Tips to Save

Want better insurance rates for your Mercedes-Benz E-Class? Paying for pricey Mercedes-Benz E-Class insurance can consume your budget and put the squeeze on your family’s finances.

Many auto insurance companies vie for your business, so it’s not easy to compare every insurance company to get the lowest rate

Verify you’re receiving every discount

Some insurers do not advertise every policy discount in an easy-to-find place, so the following list contains a few of the more well known in addition to some of the lesser obvious credits available to bring down your rates.

• Sign Early and Save – A few insurance companies allow discounts for buying a policy before your current coverage expires. This can save 10% or more.
• Onboard Data Collection – Insureds who allow data collection to study driving patterns remotely such as Progressive’s Snapshot might get better premium rates as long as they are good drivers.
• Student in College – College-age children who attend college more than 100 miles from home and do not have a car may be able to be covered for less.
• Memberships – Having an affiliation with certain professional organizations can get you a small discount on your next insurance statement.
• Senior Citizen Rates – Older drivers may receive lower premium rates on E-Class insurance.
• Accident Waiver – Not really a discount, but certain companies allow you one accident without raising rates with the catch being you have to be claim-free for a set time period.
• Pay Early and Save – By paying your policy upfront instead of making monthly payments you could save 5% or more.
• Homeowners Savings – Just owning your own home can get you a discount due to the fact that maintaining a home means you have a higher level of financial diligence.

You can save money using discounts, but many deductions do not apply to the whole policy. Most only cut specific coverage prices like liability, collision or medical payments. Just because you may think you could get a free insurance policy, companies don’t profit that way.

Some companies that have these money-saving discounts are:

• Progressive
• GEICO
• State Farm
• Esurance
• The Hartford

Before purchasing a policy, check with all companies you are considering which discounts can lower your rates. Some of the earlier mentioned discounts may not apply in your state.

When should I discuss my situation with an agent?

When it comes to choosing adequate coverage for your personal vehicles, there is no “best” method to buy coverage. Each situation is unique so your insurance needs to address that. For example, these questions might help in determining if you might need professional guidance.

• Should I have a commercial auto policy?
• Is my ex-spouse still covered by my policy?
• When does my teenage driver need to be added to my policy?
• Am I covered when renting a car or should I buy coverage from the car rental agency?
• Is my camper covered by my car insurance policy?
• Do I have coverage for damage caused while driving under the influence?
• Are rental cars covered under my policy?

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, fill out your zip code.

Buyer beware of insurance advertising tricks

Progressive, GEICO, Allstate and State Farm regularly use ads on TV and radio. They all seem to make the promise that you can save if you change to their company. That’s great but how can every company charge you less for car insurance? You have to listen carefully.

All the different companies quote the lowest rates for the type of insured that earns them the most money. For instance, a profitable risk profile should be over the age of 50, owns their home, and has a high credit rating. A prospective insured who meets those qualifications will get very good prices and therefore will save when switching.

Consumers who do not meet the ideal profile may receive higher premium rates which leads to the customer not purchasing. The trick is to say “customers who switch” not “everyone who quotes” save that much money. This is how companies can claim big savings.

Each company has different criteria, so you should get a wide range of price quotes. Because you cannot predict which insurance company will fit your personal profile best.

Information about specific coverages

Knowing the specifics of a insurance policy can help you determine appropriate coverage for your vehicles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by insurance companies.

Comprehensive (Other than Collision)

This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, a broken windshield and theft. The maximum amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability coverages

This will cover damage that occurs to people or other property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000. Another option is a combined single limit or CSL which combines the three limits into one amount without having the split limit caps.

Liability can pay for things such as emergency aid, bail bonds and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Coverage for collisions

This coverage covers damage to your E-Class resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as scraping a guard rail, hitting a mailbox, hitting a parking meter and colliding with another moving vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Medical expense insurance

Med pay and PIP coverage provide coverage for immediate expenses for things like pain medications, hospital visits, EMT expenses, dental work and prosthetic devices. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers both the driver and occupants as well as any family member struck as a pedestrian. PIP is only offered in select states but can be used in place of medical payments coverage

Protection from uninsured/underinsured drivers

This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz E-Class.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Shop. Compare. Save.

We just covered many ways to get a better price on 2021 Mercedes-Benz E-Class insurance. It’s most important to understand that the more quotes you get, the higher your chance of finding inexpensive car insurance. Consumers may even find the best premium rates are with a small local company. These companies can often provide lower prices in certain areas than the large multi-state companies such as State Farm, GEICO and Nationwide.

Budget-conscious 2021 Mercedes-Benz E-Class insurance is available from both online companies and from local insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance providers do not provide online rate quotes and usually these smaller providers provide coverage only through independent agents.

As you shop your coverage around, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where an insured cut physical damage coverage and discovered at claim time that the savings was not a smart move. Your goal should be to buy enough coverage for the lowest price and still be able to protect your assets.