Have you had enough of trying to scrape together enough money to buy car insurance? You are no different than many other drivers. Online insurance companies like Progressive, State Farm and GEICO continually hit you with advertising and it can be hard to see past the geckos and flying pigs and find the best price available.
Lots of discounts mean lots of savings
Car insurance companies don’t always list every available discount very clearly, so we took the time to find both the well known and also the lesser-known savings tricks you should be using. If you’re not getting every credit you qualify for, you are throwing money away.
- Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
- Drive Less and Save – Fewer annual miles on your Mercedes-Benz can earn a substantially lower rate.
- Multiple Vehicles – Having multiple vehicles on the same car insurance policy may reduce the rate for each vehicle.
- Accident Waiver – Certain companies will allow you to have one accident without raising rates so long as you haven’t had any claims for a certain period of time.
- Good Student Discount – This discount can save 20 to 25%. The discount lasts until age 25.
- Homeowners Pay Less – Simply owning a home may trigger a car insurance policy discount because of the fact that having a home is proof that your finances are in order.
- Organization Discounts – Belonging to certain professional organizations could trigger savings when buying car insurance for E320 coverage.
- Multi-policy Discount – If you insure your home and vehicles with the same company you may earn approximately 10% to 15%.
- Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could save 15% off the personal injury premium cost.
- Anti-lock Brake Discount – Vehicles equipped with ABS or steering control prevent accidents and qualify for as much as a 10% discount.
Keep in mind that most discount credits are not given to the entire policy premium. Most only reduce the cost of specific coverages such as liability, collision or medical payments. Just because you may think you can get free auto insurance, companies wouldn’t make money that way.
To choose insurance companies with the best car insurance discounts, click this link.
Do car insurance companies bend the truth?
Drivers can’t get away from ads that promise big savings from companies such as Allstate, GEICO and Progressive. All the ads make an identical promise that you’ll save big if you switch your policy.
How do they all say the same thing?
All companies are able to cherry pick for the driver that makes them money. An example of a preferred risk could possibly be a mature driver, has no tickets, and drives newer vehicles. A driver who meets those qualifications is entitled to the best price and as a result will probably save quite a bit of money when switching.
Consumers who don’t qualify for these standards will be quoted higher premiums and this can result in the driver buying from a lower-cost company. Company advertisements say “people who switch” not “everyone that quotes” save that much money. That is how companies can claim big savings. This emphasizes why it’s extremely important to get as many comparisons as possible. Because you never know which car insurance company will fit your personal profile best.
One last thing
We covered a lot of tips how to get a better price on Mercedes-Benz E320 insurance. The most important thing to understand is the more providers you compare, the higher your chance of finding lower rates. You may even find the most savings is with a smaller regional carrier. Some small companies may cover specific market segments cheaper as compared to the big name companies such as Allstate, GEICO and Progressive.
Cheap Mercedes-Benz E320 insurance can be bought 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. Some companies do not offer online price quotes and these regional insurance providers work with independent agents.
