Searching for lower insurance rates for your Mercedes-Benz E-Class? Perplexed by the wide range of insurance options? You have a lot of company. People have so many choices that it can turn into a challenge to find the best price.
It is always a good idea to compare rates quite often because insurance rates change regularly. Even if you got the lowest price for E-Class coverage two years ago you will most likely find a better rate today. So just forget all the misinformation about insurance because you’re about to learn the proper way to find better rates and still maintain coverage.
The best way to compare rate quotes utilizes the fact almost all companies participate in a system to compare their rates. The only thing you need to do is take a few minutes to give details such as coverage limits, any included safety features, your general credit rating, and how much education you have. That rating information is sent automatically to all major companies and you will receive price estimates within a short period of time.
When it comes to choosing coverage, there isn’t really a one size fits all plan. Each situation is unique.
Here are some questions about coverages that may help you determine whether or not you may require specific advice.
If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.
Having a good grasp of auto insurance can help you determine which coverages you need for your vehicles. Policy terminology can be confusing and coverage can change by endorsement.
Uninsured Motorist or Underinsured Motorist insurance
Uninsured or Underinsured Motorist coverage provides protection when other motorists do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz E-Class.
Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.
Liability auto insurance
Liability insurance can cover injuries or damage you cause to other’s property or people in an accident. It protects YOU against claims from other people, and doesn’t cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.
Liability insurance covers claims such as funeral expenses, structural damage and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but consider buying as high a limit as you can afford.
Insurance for medical payments
Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses for EMT expenses, ambulance fees, prosthetic devices, surgery and nursing services. They are often used in conjunction with a health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
Comprehensive coverage (or Other than Collision)
Comprehensive insurance covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.
Comprehensive insurance covers things such as hitting a bird, vandalism, damage from flooding and damage from a tornado or hurricane. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
This coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against things such as driving through your garage door, colliding with a tree and sustaining damage from a pot hole. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.