Find Lower Insurance Rates on a Mercedes-Benz E350

Paying for high-priced Mercedes-Benz E350 insurance can drain your personal savings and put the squeeze on your family’s finances. Shopping your coverage around is a great way to reduce premiums and put more money in your pocket.

Companies like State Farm, Progressive and GEICO all claim big savings with catchy ads and it is challenging if not impossible to see past the corporate glitz and do the work needed to find the best deal.

It’s a good habit to get comparison quotes every six months because prices change quite often. Just because you had the best rates for E350 coverage last year you can probably find a lower rate today. Ignore everything you know about auto insurance because I’m going to let you in on the secrets to one of the easiest ways to find great coverage at a great price.

Comprehensive Auto Insurance Comparison Quotes

The are a couple different ways of comparing price quotes from local auto insurance companies. One of the best ways to compare insurance prices is simply to get online rate quotes. This can be accomplished in a couple of different ways.

The best way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This easy form eliminates the need for separate forms to each individual auto insurance company. In just a few minutes this one form gets you coverage quotes direct from many companies.

A slightly less efficient method to compare prices is to manually visit each individual company website and complete a new quote form. For examples sake, let’s assume you want rates from USAA, State Farm and Travelers. To get rate quotes you would need to visit each site and enter your policy data, which is why most consumers use the first method. To view a list of companies in your area, click here.Car insurance in

It’s up to you which method you use, but make sure you use the exact same coverages and limits with each company. If you enter different values for each quote it will be impossible to find the best deal for your Mercedes-Benz E350. Just a small difference in limits may cause a big price difference. Keep in mind that obtaining a wide range of quotes provides better odds of finding a better price.

Mercedes-Benz E350 rates are made up of many parts

It’s important that you understand some of the elements that play a part in calculating the rates you pay for auto insurance. Understanding what influences your rates empowers consumers to make smart changes that can help you get better auto insurance rates.

  • Older drivers pay less – Older drivers tend to be more responsible, tend to file fewer claims and get fewer tickets. Teen drivers have a tendency to be careless and easily distracted behind the wheel and because of this, their auto insurance rates are much higher.
  • High performance equals high price – The type of vehicle you are buying insurance for makes a huge difference in how high your rates are. The lowest rates are for economy passenger models, but other factors influence the final cost greatly. Due to the fact that the Mercedes-Benz E350 is a luxury sedan, insuring your vehicle will cost more compared to average rates.
  • Don’t buy coverages you don’t need – There are quite a few extra coverages that you can buy if you aren’t careful. Coverages for personal injury protection, towing coverage and motor club memberships may be costing you every month. They may seem like a good idea at first, but if you don’t need them eliminate them to save money.
  • Your location affects your rates – Residing in a small town can save you money when insuring your vehicles. Drivers in populated areas regularly have traffic congestion and much longer commute distances. Fewer drivers means reduced accidents as well as less vandalism and auto theft.
  • Lower rates with optional equipment – Owning a car with an alarm system can help bring down rates. Theft prevention features like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent car theft.
  • One company can mean more discounts – The majority of companies give discounts to customers who buy several policies from them in the form of a multi-policy discount. Even if you’re getting this discount you still need to compare other company rates to ensure the best deal. Consumers may find a better deal by insuring with multiple companies.

Cut your auto insurance rates with discounts

Insuring your vehicles can cost a lot, but companies offer discounts that many people don’t even know exist. A few discounts will automatically apply at the time of purchase, but a few must be manually applied in order for you to get them.

  • Defensive Driver – Completing a course in driver safety could possibly earn you a 5% discount and easily recoup the cost of the course.
  • Seat Belts Save more than Lives – Drivers who require all occupants to buckle their seat belts could cut 10% or more off the personal injury premium cost.
  • Save with a New Car – Adding a new car to your policy can save up to 30% due to better safety requirements for new cars.
  • College Student – Youth drivers who are attending college and do not have a car can receive lower rates.
  • Club Memberships – Being a member of certain professional organizations is a good way to get lower rates when shopping for auto insurance for E350 coverage.
  • Low Mileage – Driving fewer miles could be rewarded with lower rates on the low mileage vehicles.
  • Theft Prevention System – Cars that have factory anti-theft systems can help prevent theft and will save you 10% or more.
  • Good Students Pay Less – Performing well in school can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you may save up to 20% off your total premium.
  • Lower Rates for Military – Having a deployed family member could be rewarded with lower premiums.

It’s important to note that some credits don’t apply to the entire cost. The majority will only reduce the cost of specific coverages such as liability and collision coverage. Just because you may think you can get free auto insurance, companies wouldn’t make money that way. Any qualifying discounts will bring down the cost of coverage.

For a list of insurance companies with the best auto insurance discounts, click this link.

You are unique and your auto insurance should be too

When buying the right insurance coverage, there really is no one size fits all plan. Everyone’s situation is a little different and your policy should reflect that. Here are some questions about coverages that could help you determine whether your personal situation would benefit from an agent’s advice.

  • Is my teen driver covered when they drive my company car?
  • Can my teen driver be rated on a liability-only vehicle?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Is my nanny covered when driving my vehicle?
  • How high should my medical payments coverage be?
  • Am I covered when driving in Canada or Mexico?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier

insurance for Mercedes-Benz E350

Final considerations

We just presented some good ideas how to lower your Mercedes-Benz E350 insurance rates. The most important thing to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. Consumers may even find the most savings is with a small mutual company. They may have significantly lower rates on certain market segments than their larger competitors like Allstate or State Farm.

When shopping online for auto insurance, don’t be tempted to skimp on coverage in order to save money. Too many times, someone dropped full coverage to discover at claim time that the small savings ended up costing them much more. The ultimate goal is to find the BEST coverage at a price you can afford.

Cheap Mercedes-Benz E350 insurance is attainable both online and with local insurance agents, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies do not offer the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.