Are you tired of being strong-armed each month for car insurance? Your situation is no different than most other car owners.
Consumers have many insurance companies to choose from, and though it is a good thing to have a selection, it can be more difficult to find the lowest rates.
It’s a good idea to do rate comparisons before your policy renews since insurance rates fluctuate regularly. Even if you think you had the best rates for E350 insurance a few years ago there may be better deals available now. You’ll find quite a bit of inaccurate information about auto insurance on the web, but with this article, you’re going to get a bunch of ideas how to save money.
Don’t pay full price with these discounts
Companies do not advertise every discount very well, so the following is a list of both the well known as well as the least known ways to save on auto insurance.
- Lower Rates for Military – Being on active duty in the military can result in better rates.
- Discounts for Safe Drivers – Safe drivers may receive a discount up to 45% less for E350 insurance than their less cautious counterparts.
- Multi-policy Discount – If you have multiple policies with one company you could get a discount of at least 10% off all policies.
- Discount for Life Insurance – Some companies give lower rates if you buy life insurance.
- New Vehicle Savings – Insuring a new car is cheaper due to better safety requirements for new cars.
- Drivers Education – Cut your cost by having your teen driver complete a driver education course if offered at their school.
As a disclaimer on discounts, some credits don’t apply the the whole policy. Some only reduce the price of certain insurance coverages like comprehensive or collision. Just because it seems like having all the discounts means you get insurance for free, auto insurance companies aren’t that generous.
To see a list of insurance companies offering auto insurance discounts, click here to view.
Compare the Market for Auto Insurance
All the larger auto insurance companies like State Farm, Allstate and GEICO give price estimates on the web. This process is pretty easy as you simply type in your required coverages as detailed in the form. After you complete the form, their rating system requests reports for credit and driving violations and returns a price based on these and other factors. Online quotes streamlines rate comparisons, but the process of having to visit multiple sites and enter the same data into a form is not the best way to spend an afternoon. But it’s absolutely necessary to get many rate quotes in order to find a lower rate.
Compare rates the easy way
The smarter way to lower your rates is to use a quote form that obtains quotes from a lot of companies. It saves time, eliminates repetitive work, and makes online price comparison a little more enjoyable. Immediately after you send the form, it gets priced with multiple companies and you can pick any or none of the pricing results. If the quotes result in lower rates, it’s easy to complete the application and buy the policy. The entire process only takes a few minutes and you will find out if you’re overpaying now.
To get comparison pricing now, click here to open in a new tab and input your coverage information. If you have your current policy handy, we recommend you input the coverages exactly as shown on your declarations page. This guarantees you will get a price comparison for similar coverage.
More comparisons equals lower rates
In this article, we covered a lot of techniques to lower your Mercedes-Benz E350 insurance rates. The key concept to understand is the more price quotes you have, the higher the chance of saving money. Consumers could even find that the best prices are with some of the smallest insurance companies. These smaller insurers may only write in your state and offer lower rates as compared to the big name companies such as Progressive and GEICO.
When buying insurance coverage, make sure you don’t buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped comprehensive coverage or liability limits and discovered at claim time they didn’t have enough coverage. The proper strategy is to find the BEST coverage at a price you can afford, not the least amount of coverage.
