I can’t think of anyone who cherishes buying car insurance, in particular when the price is too high.
Many insurance companies compete for your insurance dollar, so it can be very hard to choose a company and get the definite lowest rate
It’s smart to do rate comparisons before your policy renews because rates are adjusted regularly by insurance companies. Just because you had the best deal on E500 insurance on your last policy there is a good chance you can find better rates now. So ignore everything you know about car insurance because I’m going to teach you one of the easiest ways to find better rates and still maintain coverage.
Do you qualify for discounts?
Companies that sell car insurance don’t always list every discount in a way that’s easy to find, so we researched both well-publicized and the harder-to-find car insurance savings.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control can reduce accidents and will save you 10% or more.
- Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts up to 30%.
- Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and qualify for as much as a 10% discount.
- Life Insurance Discount – Select insurance companies reward you with better rates if you take out life insurance from them.
- Seat Belt Usage – Buckling up and requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
- Resident Student – Youth drivers who live away from home and do not have a car can be insured at a reduced rate.
- Organization Discounts – Participating in certain professional organizations could qualify you for a break on car insurance on E500 insurance.
- No Accidents – Claim-free drivers can save substantially when compared with frequent claim filers.
- Good Student – A discount for being a good student can be rewarded with saving of up to 25%. Earning this discount can benefit you up until you turn 25.
- Payment Method – By paying your policy upfront instead of paying each month you may reduce your total bill.
As a disclaimer on discounts, many deductions do not apply to all coverage premiums. Most only reduce specific coverage prices like liability and collision coverage. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way.
To see a list of providers offering car insurance discounts, click here.
How to Compare Car Insurance Rates
There are several ways of comparing rate quotes from car insurance companies in your area. The easiest way by far to find competitive Mercedes-Benz E500 insurance rates consists of obtaining rate quotes online. This is very easy and can be done in just a few minutes using one of these methods.
- One of the simplest ways consumers can make multiple comparisons would be an industry-wide quote request form (click to open form in new window). This form eliminates the need for repetitive form submissions for every car insurance company. In just a few minutes this one form gets you price quotes direct from many companies.
- A harder way to find lower rates consists of visiting each company’s website to request a price quote. For example, we’ll assume you want rates from GEICO, Safeco and Travelers. To find out each rate you need to visit each site and enter your policy data, which is why the first method is quicker.
For a handy list of car insurance company links in your area, click here.
- The least efficient method to get comparison rates is driving to different agent offices. Buying insurance online makes this process obsolete unless you require the professional advice that only a license agent can provide. However, consumers can find lower rates online but buy from a local insurance agent and we’ll touch on that later.
Whichever method you choose, be sure to compare identical coverage limits for every quote you compare. If you use different limits and deductibles on each one you will not be able to find the best deal for your Mercedes-Benz E500. Just a small difference in insurance coverages could mean much higher rates. And when quoting car insurance, remember that having more price comparisons provides better odds of finding the best price.
Quote often and quote early
While you’re price shopping online, it’s not a good idea to buy less coverage just to save a little money. There have been many situations where someone sacrificed liability coverage limits only to find out that the small savings ended up costing them much more. Your goal should be to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.
Low-cost Mercedes-Benz E500 insurance can be purchased online and with local insurance agents, so you should be comparing quotes from both to have the best selection. Some insurance providers do not offer online price quotes and many times these smaller companies only sell through independent insurance agents.
