Cheaper 2014 Mercedes-Benz B-Class Electric Drive Insurance Quotes

Are you sick and tired of robbing Peter to pay Paul to insure your Mercedes-Benz every month? You are in the same boat as many other drivers.

Insurance companies such as State Farm, GEICO and Farmers Insurance all claim big savings with ads and consumers find it hard to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

Comparison of Car Insurance

Effectively comparing car insurance prices can be a lot of work if you don’t understand the most efficient way. You could spend your day driving to insurance agencies in your area, or you can utilize the internet to get rates in a matter of minutes.

Most car insurance companies are enrolled in a marketplace where insurance shoppers submit one quote, and each participating company returns a competitive quote for coverage. This saves time by eliminating quotation requests to each individual car insurance company.

To find out how much you can save on car insurance click here to start a free quote.

The single downside to using this type of system is you are unable to specify which providers you want pricing from. So if you prefer to choose from a list of companies to compare, we have a page of companies who write car insurance in your area. View list of insurance companies.

Which method you use is up to you, but make darn sure you compare exactly the same coverage limits with each company. If you have mixed coverages it’s impossible to decipher which rate is best. Having just a slight variation in limits may result in a large different in cost. It’s important to know that comparing more company’s prices helps locate a better price.

Don’t overlook these discounts

Insurance can be prohibitively expensive, but you may find discounts to help bring down the price. Certain discounts will be applied at quote time, but a few must be asked for prior to receiving the credit.

  • No Claims – Drivers who don’t have accidents can earn big discounts as compared to accident-prone drivers.
  • Organization Discounts – Belonging to a qualifying organization could qualify you for a break on auto insurance on B-Class Electric Drive coverage.
  • Discount for Life Insurance – Select insurance companies reward you with better rates if you take out life insurance.
  • Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
  • Paperless Signup – Certain companies will give a small break for buying your policy on their website.
  • Drive Less and Save – Keeping the miles down on your Mercedes-Benz could qualify for better rates on cars that stay parked.
  • Discounts for Safe Drivers – Drivers who avoid accidents can get discounts for up to 45% lower rates on B-Class Electric Drive coverage than drivers with accident claims.
  • Save with a New Car – Adding a new car to your policy is cheaper compared to insuring an older model.
  • Multiple Policy Discount – If you have multiple policies with one insurance company you could get a discount of approximately 10% to 15%.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Some only reduce individual premiums such as liability and collision coverage. So when the math indicates you would end up receiving a 100% discount, auto insurance companies aren’t that generous. Any qualifying discounts will cut the amount you have to pay.

Insurance companies that may have these benefits may include but are not limited to:

Before buying, ask all companies you are considering what discounts are available to you. Some discounts may not apply in every state.

Is my situation unique?

When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions may help you determine whether your personal situation would benefit from an agent’s advice.

  • I have a DUI can I still get coverage?
  • Am I covered when delivering products for my home-based business?
  • Do I need special endorsements for business use of my vehicle?
  • What is an SR-22 filing?
  • How much underlying liability do I need for an umbrella policy?
  • Why do I need rental car insurance?
  • Can my teen drive my company car?
  • What is UM/UIM insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed agent. To find lower rates from a local agent, complete this form or you can also visit this page to select a carrier

Pieces of the Mercedes-Benz B-Class Electric Drive insurance rate puzzle

It’s important that you understand the factors that play a part in calculating the rates you pay for insurance coverage. Understanding what impacts premium levels allows you to make educated decisions that could result in big savings.

  • Your credit rating is important – Credit rating is a important factor in determining your rates. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower credit ratings. If your credit rating can use some improvement, you could save money insuring your 2014 Mercedes-Benz B-Class Electric Drive by repairing your credit.
  • Add-on coverages can add up – There are a ton of add-on coverages that you can buy on your B-Class Electric Drive policy. Coverages like roadside assistance, towing coverage and motor club memberships may be wasting your money. They may seem like a good idea when talking to your agent, but if you don’t need them get rid of them and save.
  • Where you live is a factor – Residing in a small town can save you money when talking about insurance coverage. Drivers in populated areas have traffic congestion and much longer commute distances. Lower population translates into fewer accidents as well as less vandalism and auto theft.
  • Protect yourself with liability coverage – Liability insurance is the protection when a court rules you are at fault for damages from an accident. Liability insurance provides legal defense coverage starting from day one. Liability insurance is quite affordable compared to physical damage coverage, so do not skimp.

Are you falling for claims of savings?

State Farm, Allstate and GEICO continually stream ads in print and on television. All the companies make the same claim about savings after switching to their company. How does each company make almost identical claims? It’s all in the numbers.

Different companies have a certain “appetite” for the driver that is profitable for them. A good example of a profitable customer might be profiled as over the age of 40, has no prior claims, and has excellent credit. A customer getting a price quote who meets those qualifications will get very good rates and therefore will save quite a bit of money when switching.

Potential customers who don’t measure up to the “perfect” profile must pay higher premiums and this can result in the customer not buying. The ads state “customers who switch” not “everybody who quotes” save money. This is how companies can truthfully state the savings.

This illustrates why it is so important to get quotes from several different companies. It’s not possible to predict which company will have the lowest Mercedes-Benz B-Class Electric Drive insurance rates.

Coverage specifics

Learning about specific coverages of insurance can be of help when determining the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are the usual coverages found on most insurance policies.

Comprehensive auto coverage

Comprehensive insurance coverage will pay to fix damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as vandalism, a broken windshield, rock chips in glass and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses for things like rehabilitation expenses, funeral costs and pain medications. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these coverages are identical to your policy’s liability coverage.

Auto collision coverage

Collision coverage covers damage to your B-Class Electric Drive from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as damaging your car on a curb, hitting a parking meter, crashing into a ditch and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Coverage for liability

Liability insurance can cover damage that occurs to other’s property or people. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Some companies may use a combined limit which provides one coverage limit rather than limiting it on a per person basis.

Liability insurance covers things like structural damage, legal defense fees, attorney fees, pain and suffering and bail bonds. How much liability coverage do you need? That is up to you, but consider buying as much as you can afford.

Knowledge is power

While you’re price shopping online, make sure you don’t buy lower coverage limits just to save a few bucks. There are many occasions where an insured dropped liability limits or collision coverage and discovered at claim time that they should have had better coverage. Your goal should be to find the BEST coverage at an affordable rate, not the least amount of coverage.

Low-cost 2014 Mercedes-Benz B-Class Electric Drive insurance is possible online as well as from independent agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some auto insurance companies don’t offer online price quotes and many times these regional insurance providers only sell through independent insurance agents.

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