Auto Insurance Rates for a Mercedes-Benz E350 in Austin

Discount Mercedes-Benz E350 insurancePretty sure you bought high-priced Mercedes-Benz E350 insurance in Austin? Believe me, you’re not the only one.

A recent car insurance study discovered that nearly 70% of drivers kept their coverage with the same car insurance company for over three years, and almost 40% of drivers have never compared rates with other companies. With the average car insurance premium being $2,679, Austin drivers could save themselves as much as $1,766 a year, but they won’t spend time to find cheap rates by getting comparison quotes. Companies like GEICO, Progressive and Allstate all claim big savings with fancy advertisements and consumers find it hard to avoid their marketing magic and find the best price available.

If you are insured now or just want to reduce your rates, take advantage of these tips to get lower rates while maximizing coverage. Buying the cheapest insurance in Austin is not rocket science. Shoppers just have to know the fastest way to compare price quotes instantly.

Cheaper Mercedes-Benz E350 insurance in Austin

Insuring your fleet can be pricey, but you might already qualify for some discounts to help bring down the price. Most are applied at the time of purchase, but a few must be inquired about prior to receiving the credit.

Remember that some credits don’t apply to the whole policy. Most cut individual premiums such as collision or personal injury protection. So even though it sounds like you could get a free auto insurance policy, insurance companies wouldn’t stay in business. But any discount will cut your premiums.

To view companies that can offer you the previously mentioned discounts in Texas, click here to view.

How much is Mercedes-Benz E350 insurance in Austin?

The car insurance companies shown below are ready to provide free rate quotes in Texas. If several companies are displayed, it’s highly recommended you compare several of them in order to get a fair rate comparison.

Mercedes-Benz E350 Insurance Rates in Austin, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
E350 2-Dr Coupe $360 $832 $330 $20 $98 $1,640 $137
E350 4-Dr Sedan $286 $602 $264 $16 $80 $1,248 $104
E350 with 4-MATIC 4-Dr Sedan $258 $522 $242 $14 $72 $1,108 $92
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Cost estimates assume married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Prices do not factor in vehicle location which can decrease or increase premiums considerably.

Impact of age and gender on auto insurance rates

The diagram below illustrates the comparison of Mercedes-Benz E350 yearly insurance costs for male and female drivers. The information is based on no accidents, no driving violations, comp and collision included, $500 deductibles, drivers are single, and no discounts are applied.

The Mercedes-Benz E350 Insurance Cost Equation

Consumers need to have an understanding of the rating factors that come into play when calculating your policy premiums. When you understand what impacts premium levels, this enables you to make decisions that could result in cheaper rates.

The following are some of the items used by companies to determine premiums.

Single drivers take more risk – Getting married can get you a discount when buying car insurance. Having a spouse may mean you are more stable financially and it’s proven that drivers who are married file infrequent claims.

Insurance is expensive for teen drivers – Youthful drivers in Texas are statistically proven to get distracted easily when behind the wheel so car insurance rates are higher. Older people are more cautious drivers, cause fewer claims and accidents, and are generally more financially stable.

See if your company offers a multi-policy discount – Most larger insurers provide discounts for people who consolidate policies with them. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even with this discount, you still need to compare Mercedes-Benz E350 rates in Austin to help guarantee you have the best rates.

Traffic violations mean higher prices – Getting just one moving violation may cause rates to rise by as much as twenty percent. Drivers who don’t get tickets get better rates compared to drivers with tickets. Drivers with license-revoking violations such as reckless driving, hit and run or driving under the influence may find that they have to to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive a vehicle.

Good credit saves on car insurance – A driver’s credit rating factor in determining what you pay for car insurance. If your credit history is lower than you’d like, you may save money insuring your Mercedes-Benz E350 by spending a little time repairing your credit. Insureds that have high credit ratings tend to be better risks to insure than those with lower credit scores.

There’s no such thing as the perfect insurance policy

When selecting proper insurance coverage, there really isn’t a “perfect” insurance plan. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that may help you determine if you might need professional guidance.

If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Shop online but buy locally

Many drivers still like to visit with an insurance agent and doing so can bring peace of mind Good agents are highly skilled in risk management and give you someone to call. A nice benefit of comparing rate quotes online is that you can find cheap rate quotes and also buy local.

To help locate an agent, after submitting this short form, your information is transmitted to companies in Austin who want to provide quotes to get your business. There is no need to search for any insurance agencies since rate quotes are delivered to you. If for some reason you want to get a rate quote for a specific company, don’t hesitate to visit that company’s website to submit a rate quote request.

Choosing the best insurer requires more thought than just a cheap price quote. Any good agent in Austin should know the answers to these questions.

Pick the best auto insurance agent in Austin for you

If you want to use a reliable insurance agency, you should know the different agency structures and how they can service your needs differently. Agents in Austin are classified as either independent (non-exclusive) or exclusive. Either can properly insure your vehicles, but we need to point out the difference between them because it can impact your selection of an agent.

Exclusive Agencies

These agents write business for a single company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. They usually cannot shop your coverage around so it’s a take it or leave it situation. These agents are usually quite knowledgeable in insurance sales and that enables them to sell even at higher rates.

Below is a short list of exclusive insurance agents in Austin that can give you price quote information.

3435 Greystone Dr Ste 107Austin, TX 78731(512) 345-0005View Map

3500 Jefferson St #313Austin, TX 78731(512) 451-7573View Map

730 W Stassney Ln Ste 230Austin, TX 78745(512) 443-9598View Map

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Independent Insurance Agents

These type of agents are normally appointed by many insurers and that enables them to quote your coverage with an assortment of companies and find the cheapest rate. If premiums increase, an independent agent can move your coverage which requires no work on your part.

If you need lower rates, you will definitely want to contact at a minimum one independent agency so that you have a good selection of quotes to compare.

Below are Austin independent agencies willing to provide rate quotes.

3720 Far West Blvd #114Austin, TX 78731(512) 346-7645View Map

3834 Spicewood Springs RdAustin, TX 78759(512) 452-8877View Map

8801 Research Blvd #104Austin, TX 78758(512) 586-2000View Map

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Insurance just makes sense

Despite the potentially high cost of Mercedes-Benz E350 insurance, insuring your vehicle may be mandatory for several reasons.

The benefits of insuring your E350 are without a doubt worth the cost, especially if you ever need it. Despite what companies tell you, the average driver overpays as much as $820 a year so smart consumers compare quotes at every renewal to be sure current rates are still competitive.

Persistence pays off

As you restructure your insurance plan, it’s a bad idea to buy lower coverage limits just to save a few bucks. In too many instances, drivers have reduced liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at the best possible price, but don’t skip important coverages to save money.

Budget-friendly insurance in Austin is attainable online as well as from independent agents in Austin, and you need to comparison shop both to get a complete price analysis. Some insurance companies may not offer rate quotes online and usually these smaller companies only sell through local independent agents.

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