I can’t think of a single person who fancies paying their premiums for auto insurance, especially when they are aware that the prices are way too high.
Surprisingly, a recent survey revealed that the vast majority of auto insurance customers kept buying from the same company for at least the last four years, and nearly half have never shopped around. With the average auto insurance premium being $1,578, Scottsdale drivers could save an average of $730 each year just by getting comparison quotes, but they just don’t understand the amount of money they would save if they moved their coverage to a different company.
How to save money on Mercedes-Benz E350 insurance in Scottsdale
It takes a few minutes, but the best way to find cheaper prices for car insurance rates in Scottsdale is to compare prices annually from insurance carriers that insure vehicles in Arizona. Price quotes can be compared by following these steps.
Step 1: Try to learn about coverages and the steps you can take to keep rates down. Many rating criteria that cause high rates like traffic tickets, fender benders, and an imperfect credit rating can be remedied by being financially responsible and driving safely. Continue reading for the details to help prevent costly coverage and find more discounts that you may not know about.
Step 2: Compare prices from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only quote rates from a single company like GEICO or Farmers Insurance, while agents who are independent can provide prices from multiple sources.
Step 3: Compare the new rate quotes to your existing coverage to determine if you can save on E350 insurance. If you find better rates, make sure there is no lapse in coverage.
Step 4: Give proper notification to your current agent or company to cancel your current auto insurance policy and submit a signed application and payment to the newly selected company. As soon as coverage is bound, place the new certificate verifying coverage with the vehicle registration.
One piece of advice is to use identical deductibles and limits on every price quote and and to get rate quotes from as many auto insurance providers as possible. This provides an accurate price comparison and a good representation of prices.
Due to the abundance of choices for buying cheaper insurance for a Mercedes-Benz E350 in Scottsdale, it can be difficult for drivers to find a lower cost auto insurance provider.
It’s smart to get comparison quotes at least once a year because insurance prices are variable and change quite frequently. Even if you think you had the best deal on Mercedes-Benz E350 insurance in Scottsdale on your last policy the chances are good that you can find a lower premium rate today. You’ll find a ton of advice on E350 insurance online but I’m going to show you some guaranteed methods to find cheap auto insurance in Scottsdale.
Compare quotes for Scottsdale Mercedes-Benz E350 insurance
The companies shown below offer comparison quotes in Scottsdale, AZ. To buy the best car insurance in Scottsdale, AZ, it’s highly recommended you visit as many as you can in order to find the most competitive rates.
Rate information and statistics
The rate information displayed next showcases different coverage costs for Mercedes-Benz E350 models. Having a good understanding how insurance policy premiums are calculated can help drivers make smart choices when buying a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $204 | $528 | $268 | $16 | $80 | $1,096 | $91 |
| E350 4-Dr Sedan | $224 | $474 | $208 | $12 | $62 | $980 | $82 |
| E350 with 4-MATIC 4-Dr Sedan | $224 | $474 | $208 | $12 | $62 | $980 | $82 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, safe-driver, and multi-policy. Estimates do not factor in garaging location in Scottsdale which can increase or decrease insurance rates significantly.
Should you raise deductibles?
The hardest decision when buying coverage is how high or low should comp and collision deductibles be. The following tables outline the premium difference when you select higher and lower policy deductibles. The first set of rates uses a $250 physical damage deductible and the second set of prices uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $292 | $668 | $254 | $16 | $76 | $1,331 | $111 |
| E350 4-Dr Sedan | $322 | $600 | $198 | $12 | $60 | $1,217 | $101 |
| E350 with 4-MATIC 4-Dr Sedan | $322 | $600 | $198 | $12 | $60 | $1,217 | $101 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $236 | $540 | $254 | $16 | $76 | $1,122 | $94 |
| E350 4-Dr Sedan | $262 | $484 | $198 | $12 | $60 | $1,016 | $85 |
| E350 with 4-MATIC 4-Dr Sedan | $262 | $484 | $198 | $12 | $60 | $1,016 | $85 |
| Get Your Own Custom Quote Go | |||||||
Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, claim-free, multi-vehicle, and homeowner. Information does not factor in specific location information which can revise insurance rates substantially.
We can estimate from the data above that using a $250 deductible costs roughly $16 more each month or $192 every year averaged for all E350 models than opting for the higher $500 deductible. Due to the fact that you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you go at least 16 months between claims, you would probably come out ahead if you choose a higher deductible.
How to calculate deductible break even point
| Average monthly premium for $250 deductibles: | $104 |
| Average monthly premium for $500 deductibles (subtract): | – $88 |
| Monthly savings from raising deductible: | $16 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $16 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 16 months |
Mercedes-Benz E350 insurance premiums by gender and age
The information below compares Mercedes-Benz E350 insurance costs for male and female drivers. The rates are based on no violations or claims, full coverage, $100 deductibles, single marital status, and no discounts are applied.
Insuring your vehicle just makes sense
Even though it can be expensive, insuring your vehicle is mandatory in Arizona but it also protects more than you think.
- Most states have compulsory liability insurance requirements which means the state requires a minimum amount of liability insurance coverage in order to drive the car legally. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you took out a loan on your vehicle, it’s guaranteed your bank will make it mandatory that you have insurance to protect their interest in the vehicle. If you default on your policy, the lender may have to buy a policy to insure your Mercedes-Benz at a more expensive rate and require you to pay the higher premium.
- Car insurance preserves both your car and your personal assets. It also can pay for most medical and hospital costs that are the result of an accident. Liability coverage, the one required by state law, will also pay attorney fees if you are named as a defendant in an auto accident. If you receive damage to your vehicle caused by a storm or accident, your policy will cover the repair costs.
The benefits of having insurance more than cancel out the cost, particularly when you have a large claim. But the average American driver overpays as much as $800 each year so shop around once a year at a minimum to be sure current rates are still competitive.
Everyone needs different insurance coverages
When it comes to choosing insurance from an agent or online, there is no one-size-fits-all type of policy. Each situation is unique.
These are some specific questions could help you determine if you might need professional guidance.
- Does coverage extend to a rental car in a foreign country?
- Is my dog or cat covered if injured in an accident?
- Should I buy only the required Arizona minimum liability coverage?
- Does coverage follow the driver or the vehicle?
- Does medical payments coverage apply to all occupants?
- How much liability do I need to cover my assets?
- Is my babysitter covered when using my vehicle?
- Why am I required to buy high-risk coverage?
- When should I remove my kid from my policy?
- Am I covered if I crash into my own garage door?
If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, complete this form. It’s fast, doesn’t cost anything and can help protect your family.
What auto insurance coverages do you need?
Learning about specific coverages of your auto insurance policy helps when choosing the best coverages and the correct deductibles and limits. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording.
Liability auto insurance – Liability insurance protects you from damage or injury you incur to other people or property. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 15/30/10 which stand for a limit of $15,000 per injured person, a limit of $30,000 in injury protection per accident, and property damage coverage for $10,000.
Liability coverage pays for claims like pain and suffering, bail bonds, structural damage and emergency aid. How much liability should you purchase? That is up to you, but you should buy as large an amount as possible. Arizona requires drivers to carry at least 15/30/10 but you should consider buying higher limits.
The chart below shows why minimum state limits may not be high enough to cover claims.
Comprehensive coverage – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible then your comprehensive coverage will pay.
Comprehensive can pay for claims such as hail damage, a tree branch falling on your vehicle, damage from a tornado or hurricane and damage from getting keyed. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.
Uninsured/Underinsured Motorist coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries and damage to your Mercedes-Benz E350.
Because many people have only the minimum liability required by law (which is 15/30/10), their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with an object or car. A deductible applies then your collision coverage will kick in.
Collision insurance covers claims like sustaining damage from a pot hole, scraping a guard rail, colliding with a tree, hitting a parking meter and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible on your E350 to bring the cost down.
Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for bills such as hospital visits, ambulance fees, X-ray expenses and prosthetic devices. They are used to fill the gap from your health insurance program or if you are not covered by health insurance. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage
Quote more and you will save more
People switch companies for a number of reasons such as not issuing a premium refund, poor customer service, policy cancellation and denial of a claim. No matter why you want to switch, switching companies can be easy and end up saving you some money.
Cheaper Mercedes-Benz E350 insurance in Scottsdale is definitely available online in addition to local insurance agencies, and you need to comparison shop both to have the best selection. A few companies do not offer rates over the internet and many times these small insurance companies work with independent agencies.
When getting Scottsdale auto insurance quotes online, don’t be tempted to reduce needed coverages to save money. There are many occasions where someone sacrificed full coverage only to regret that they should have had better coverage. Your objective should be to purchase a proper amount of coverage at an affordable rate.
How to buy affordable Mercedes-Benz E350 insurance in Scottsdale
It takes a few minutes, but the best way to find better pricing on auto insurance rates in Scottsdale is to start comparing prices regularly from providers that sell auto insurance in Arizona. You can shop around by completing these steps.
- Step 1: Gain an understanding of how companies set rates and the things you can change to lower rates. Many policy risk factors that cause rate increases such as traffic citations, accidents, and a less-than-favorable credit score can be improved by making minor changes to your lifestyle.
- Step 2: Compare price quotes from independent agents, exclusive agents, and direct companies. Direct companies and exclusive agencies can only quote rates from one company like Progressive or State Farm, while independent agents can give you price quotes for many different companies. View prices
- Step 3: Compare the price quotes to the price on your current policy to see if you can save by switching companies. If you find a lower rate quote and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
- Step 4: Provide adequate notice to your current company of your intent to cancel your current car insurance policy and submit the signed application along with the required initial payment to your new agent or company. When you receive it, safely store the certificate verifying proof of insurance with the vehicle registration.
A crucial key to this process is that you’ll want to compare similar coverage information on every price quote and to quote with every company you can. This ensures a level playing field and a complete price analysis.
Additional detailed information is located by following these links:
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- Who Has the Cheapest Scottsdale Auto Insurance Rates for a GMC Sierra? (FAQ)
- Who Has Affordable Auto Insurance for Government Employees in Scottsdale? (FAQ)
- Who Has Affordable Scottsdale Auto Insurance for Low Income Drivers? (FAQ)
- What Auto Insurance is Cheapest for High Risk Drivers in Scottsdale? (FAQ)
- How Much is Auto Insurance for Real Estate Agents in Scottsdale? (FAQ)
- Reducing Your Risks in a Car Crash Video (iihs.org)
- Property Damage Coverage (Liberty Mutual)
- Should I Purchase an Umbrella Liability Policy? (Insurance Information Institute)
- What Does No-Fault Insurance Cover? (Allstate)