If you're new to shopping for Jacksonville auto insurance quotes online, it's easy to be bewildered thanks to the vast number of online companies that all say they have the best rates for Mercedes-Benz E350 insurance in Jacksonville.
How to buy discount Mercedes-Benz E350 insurance in Jacksonville
If you want to save money, the best way to get low-cost Mercedes-Benz E350 insurance is to regularly compare quotes from insurers in Jacksonville. Drivers can shop around by following these steps.
- First, spend a few minutes and learn about how companies price auto insurance and the things you can control to prevent high rates. Many factors that are responsible for high rates such as getting speeding tickets and a substandard credit score can be eliminated by making small lifestyle or driving habit changes. Read the full article for more ideas to help prevent expensive coverage and find additional discounts you may qualify for.
- Second, compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can provide rates from a single company like GEICO or Allstate, while agents who are independent can provide price quotes from multiple insurance companies. Select a company
- Third, compare the new rate quotes to your existing policy and determine if there is any savings. If you can save money and make a switch, verify that coverage does not lapse between policies.
- Fourth, notify your company or agent of your decision to cancel your current auto insurance policy. Submit a completed application and payment to your new agent or company. Once received, put the certificate verifying coverage in your glove compartment.
One piece of advice is that you'll want to compare the same deductibles and limits on each quote and and to get prices from as many different companies as possible. Doing this ensures an apples-to-apples comparison and a complete price analysis.
Anyone knows that insurance companies don't want you to compare rates. Drivers who shop around for cheaper rates are inclined to buy a new policy because the odds are good of finding good coverage at a lower price. A study showed that consumers who made a habit of comparing rates saved on average $70 a month as compared to drivers who never shopped around for lower prices.
If saving money on insurance in Jacksonville is your ultimate objective, then learning about how to find and compare insurance rates can help you succeed in finding affordable rates.
Consumers need to shop coverage around on a regular basis due to the fact that insurance prices are variable and change quite frequently. If you had the lowest rates on Mercedes-Benz E350 insurance in Jacksonville six months ago the chances are good that you can find a lower premium rate today. Block out anything you think you know about auto insurance because you're going to learn the tricks you need to know to find lower rates on auto insurance.
Cheapest Mercedes-Benz E350 insurance rate quotes in Jacksonville, FL
The majority of larger companies provide price estimates direct online. Getting quotes for Mercedes-Benz E350 insurance in Jacksonville can be done by anyone because it's just a matter of typing in the coverages you want as requested by the quote form. After you submit the form the company's rating system sends out for your driving record and credit report and provides a quote.
Getting online price quotes for Mercedes-Benz E350 insurance in Jacksonville makes it a lot easier to compare rates and it's necessary to do this in order to get lower-cost rates.
In order to find out if lower rates are available, compare rates from the companies below. If you currently have coverage, we recommend you type in the limits and deductibles as shown on your current policy. Doing this assures you are getting a price comparison based on the exact same insurance coverage.
The providers in the list below are ready to provide free quotes in Florida. If the list has multiple companies, we recommend you visit two to three different companies in order to find the most affordable rates.
Rates and detailed analysis
The rate information displayed next outlines detailed analysis of insurance coverage prices for Mercedes-Benz E350 models. Having a good understanding how auto insurance premiums are formulated can help you make smart choices when buying a car insurance policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|E350 2-Dr Coupe||$348||$922||$334||$20||$100||$1,724||$144|
|E350 4-Dr Sedan||$384||$826||$258||$16||$78||$1,562||$130|
|E350 with 4-MATIC 4-Dr Sedan||$384||$826||$258||$16||$78||$1,562||$130|
|Get Your Own Custom Quote Go|
Data variables include married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Florida minimum liability limits. Discounts applied include claim-free, multi-vehicle, homeowner, multi-policy, and safe-driver. Prices do not factor in your specific Jacksonville location which can raise or lower prices significantly.
One common question asked by Jacksonville drivers is which deductible level should you buy. The tables below approximate the cost difference between high and low physical damage deductibles. The first rate estimation uses a $100 deductible for comprehensive and collision coverage and the second rate table uses a $1,000 deductible.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|E350 2-Dr Coupe||$452||$1110||$354||$20||$106||$2,067||$172|
|E350 4-Dr Sedan||$498||$994||$276||$16||$82||$1,891||$158|
|E350 with 4-MATIC 4-Dr Sedan||$498||$994||$276||$16||$82||$1,891||$158|
|Get Your Own Custom Quote Go|
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|E350 2-Dr Coupe||$250||$586||$354||$20||$106||$1,316||$110|
|E350 4-Dr Sedan||$276||$524||$276||$16||$82||$1,174||$98|
|E350 with 4-MATIC 4-Dr Sedan||$276||$524||$276||$16||$82||$1,174||$98|
|Get Your Own Custom Quote Go|
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Florida minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Table data does not factor in vehicle garaging location which can modify premium rates considerably.
Based on the above data, using a $100 deductible costs approximately $61 more each month or $732 each year averaged for all E350 models than choosing the higher $1,000 deductible. Since you would have to pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have more than 15 months between claim filings, you would save more money if you choose a higher deductible.
How to determine if higher deductibles are a good idea
|Average monthly premium for $100 deductibles:||$163|
|Average monthly premium for $1,000 deductibles (subtract):||- $102|
|Monthly savings from raising deductible:||$61|
|Difference between deductibles ($1,000 - $100):||$900|
|Divide difference by monthly savings:||$900 / $61|
|Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible||15 months|
One big caveat is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you have a comprehensive or collision claim. You need some extra funds in order to pay the deductible.
The information below shows how choosing a deductible and can raise or lower Mercedes-Benz E350 insurance costs for different age categories. The premiums assume a single male driver, full coverage, and no discounts are applied to the premium.
Liability only or full coverage
The illustration below compares Mercedes-Benz E350 insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The price estimates are based on no accidents, no driving violations, $500 deductibles, drivers are not married, and no discounts are factored in.
Are you wasting money paying for full coverage?
There is no definitive guideline to delete physical damage insurance, but there is a guideline you can consider. If the yearly cost of full coverage is more than about 10% of replacement cost minus your deductible, then you might want to think about dropping full coverage.
For example, let's assume your Mercedes-Benz E350 replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would receive is $6,000 after the policy deductible has been paid. If you are currently paying more than $600 a year for physical damage coverage, the it may be a good time to stop paying for full coverage.
There are some cases where dropping physical damage coverage is not a good plan. If you haven't satisfied your loan, you have to carry full coverage in order to prevent your loan from defaulting. Also, if you can't afford to buy a different vehicle in the event your current vehicle is totaled, you should not opt for liability only.
Protect your Mercedes-Benz E350 and other assets
Despite the fact that auto insurance is not cheap in Jacksonville, maintaining insurance is most likely required but also gives you several important benefits.
First, the majority of states have minimum liability requirements which means you are required to buy a minimum amount of liability in order to license the vehicle. In Florida these limits are 10/20/10 which means you must have $10,000 of bodily injury coverage per person, $20,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your vehicle, it's guaranteed your bank will require you to have full coverage to ensure they get paid if you total the vehicle. If coverage lapses or is canceled, the lender may insure your Mercedes-Benz for a lot more money and require you to reimburse them a much higher amount than you were paying before.
Third, auto insurance preserves both your car and your assets. Insurance will pay for most medical and hospital costs for not only you but also any passengers injured in an accident. One of the most valuable coverages, liability insurance, will also pay attorney fees in the event you are sued. If your Mercedes-Benz gets damaged, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.
The benefits of insuring your E350 definitely exceed the price paid, particularly when you have a large claim. In a recent study of 1,000 drivers, the average customer is overpaying more than $700 annually so compare rates every year to be sure current rates are still competitive.
Why You Might Pay Higher Rates in Jacksonville
Smart consumers have a good feel for the different types of things that are used to determine car insurance rates. If you understand what impacts premium levels, this enables informed choices that may result in lower car insurance prices.
Increase comp and collision deductibles to save - Physical damage coverage, also called comprehensive and collision insurance, covers your vehicle from damage. Some examples of claims that would be covered are a broken side mirror, damage caused by hail, and damage from a fallen tree branch. Your deductibles are the amount of money you are required to pay if a claim is determined to be covered. The higher the amount you choose to pay out-of-pocket, the lower your rates will be.
Men drivers tend to cost more - Statistics show that females tend to be a little less risky than males. However, this does not mean females are better at driving than males. They both cause fender benders at a similar rate, but males get into accidents with more damage. Men also tend to receive more costly citations such as DWI and reckless driving.
The example below illustrates the comparison of Mercedes-Benz E350 insurance premiums for male and female drivers. The rate quotes are based on no accidents or driving violations, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Your career may increase rates - Occupations like fire fighters, social workers, and accountants are shown to have higher rates than average in part from high stress and long work days. On the other hand, careers like scientists, historians and homemakers pay the least.
Too many claims will drive car insurance rates up - Car insurance companies in Florida generally give cheaper rates to drivers who do not file claims often. If you are a frequent claim filer, you can definitely plan on higher premiums or even policy non-renewal. Insurance coverage is intended to be relied upon for claims that pose a financial burden.
Older drivers save more - More experienced drivers are viewed as being more responsible, tend to file fewer claims, and are generally more financially stable. Inexperience drivers have been known to be careless and easily distracted behind the wheel and because of this, their car insurance rates are much higher.
The next chart is based on a single driver, full coverage with $100 deductibles, and no discounts or violations.
Policy add-ons add up - Policies have add-on coverages you can purchase when buying car insurance. Coverage for things like coverage for rental cars, towing coverage, and additional equipment coverage may not be needed and are just wasting money. These coverages may sound good when discussing your needs, but if you don't need them remove them and pocket the money.
Get a ticket, pay higher costs - Getting just one ticket may cause rates to rise by twenty percent. Drivers with clean records tend to pay less for car insurance as compared to careless drivers. Drivers who have received dangerous violations such as reckless driving or DUI may need to maintain a SR-22 with their state motor vehicle department in order to continue driving.
The information below illustrates how traffic citations and at-fault fender-benders can increase Mercedes-Benz E350 insurance prices for different age groups of insureds. The rates are based on a married male driver, comp and collision included, $100 deductibles, and no additional discounts are factored in.
Cheaper Jacksonville car insurance rates with discounts
Insurance can cost an arm and a leg, but companies offer discounts that you may not know about. Many of these discounts will be applied automatically at the time of purchase, but occasionally some discounts must be manually applied before you will receive the discount.
- Driver Education Discount - Cut your cost by having your teen driver enroll in driver's education if offered at their school.
- Accident Waiver - Not a discount per se, but companies like Liberty Mutual, Allstate and State Farm will turn a blind eye to one accident without the usual rate increase so long as you haven't had any claims prior to the accident.
- ABS Brakes - Cars and trucks that have steering control and anti-lock brakes prevent accidents so you can save 10 percent or more.
- Passive Restraints and Air Bags - Factory options such as air bags or motorized seat belts can receive discounts up to 30%.
- Seat Belts Save more than Lives - Drivers who require all occupants to wear their seat belts could cut 10% or more off PIP or medical payments premium.
Don't be surprised that some credits don't apply to all coverage premiums. Most only reduce specific coverage prices like medical payments or collision. Even though it appears you would end up receiving a 100% discount, you aren't that lucky.
The example below compares Mercedes-Benz E350 auto insurance costs with and without discounts being applied to the rates. The costs are based on a male driver, no claims, a clean driving record, Florida state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, marriage, multi-car, safe-driver, and multi-policy discounts applied.
Companies who may offer these benefits are:
Check with all companies you are considering to give you their best rates. Some discounts listed above may not be available in your area. To choose insurance companies that provide some of the discounts listed above in Florida, click this link.
Your situation helps dictate your coverage
Always remember that when buying adequate coverage for your personal vehicles, there isn't really a perfect coverage plan. Every insured's situation is different.
For example, these questions might point out if your situation would benefit from an agent's advice.
- When should I drop full coverage on my Mercedes-Benz E350?
- What does PIP insurance cover?
- Is my nanny covered when transporting my kids?
- Is rental equipment covered for theft or damage?
- Do I really need UM/UIM coverage?
- Is my state a no-fault state?
- Is upholstery damage covered by car insurance?
- Can I get by with minimal medical coverage if I have good health insurance?
- If I drive on a suspended license am I covered?
- Can I get a multi-policy discount for packaging my home and auto coverage?
If you don't know the answers to these questions then you might want to talk to a licensed insurance agent. If you don't have a local agent, complete this form.
Are auto insurance agents of importance?
Certain consumers still like to buy from a local agent and doing that can be a smart decision A nice benefit of getting online price quotes is the fact that drivers can get lower prices and still have a local agent. Supporting local agencies is important especially in Jacksonville.
After filling out this short form, your information is instantly submitted to agents in your area who will return price quotes for your business. It's much easier because you don't need to contact any insurance agencies since rate quotes are delivered immediately to your email address. You can most likely find cheaper rates and a licensed agent to work with. If you have a need to get a rate quote from one company in particular, don't hesitate to navigate to their website to submit a rate quote request.
When researching a local agent, there are a couple of different agency structures and how they are distinctly different. Auto insurance agents in Jacksonville may be either exclusive or independent (non-exclusive).
Independent Auto Insurance Agencies
Agents in the independent channel often have affiliation with several companies so they can insure your vehicles with a variety of different insurance companies and find the cheapest auto insurance rates. If they quote lower rates, they simply move the coverage in-house which requires no work on your part. When comparing rates, you should always get rate quotes from a couple of independent agencies so that you have a good selection of quotes to compare. They often place coverage with smaller regional carriers which may have better rates.
The following is a small list of independent insurance agencies in Jacksonville that may be able to provide comparison quotes.
- Rosetta's Insurance Agency, Inc.
6715 Wilson Blvd - Jacksonville, FL 32210 - (904) 677-0441 - View Map
- A and B Insurance Agency, Inc
2153 Blanding Blvd - Jacksonville, FL 32210 - (904) 388-6446 - View Map
- The Maverick Insurance Agency
9119 Merrill Rd #8 - Jacksonville, FL 32225 - (904) 743-6661 - View Map
Exclusive Auto Insurance Agencies
Exclusive insurance agents generally can only insure with one company such as AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot give you multiple price quotes so they are skilled at selling on more than just price. Exclusive agents receive extensive training on their company's products and that can be a competitive advantage. Some insured continue to buy from the same agent for years mostly because of the brand and strong financial ratings.
Listed below are exclusive insurance agencies in Jacksonville who can help you get comparison quotes.
- Ray Moore - State Farm Insurance Agent
109 New Berlin Rd - Jacksonville, FL 32218 - (904) 751-6643 - View Map
- Bill Doyle - State Farm Insurance Agent
11555 Central Pkwy #904 - Jacksonville, FL 32224 - (904) 642-4000 - View Map
- Vonnie Wiggins - State Farm Insurance Agent
11757 Beach Blvd #7 - Jacksonville, FL 32246 - (904) 641-0090 - View Map
Choosing an car insurance agent is decision based upon more than just a cheap price quote. Get answers to these questions too.
- Do you qualify for any additional discounts?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- How would your car be valued if totaled?
- Who are their largest clients?
- How are claims handled?
- How long has their agency been in business in Jacksonville?
- Which companies do they recommend if they are an independent agency?
- Will they take your side in the event of a claim?
Compare but don't skimp
People change insurance companies for a variety of reasons including high prices, poor customer service, extreme rates for teen drivers or even questionable increases in premium. Whatever your reason, finding a new car insurance company is pretty easy and you might even save some money in the process.
The cheapest Mercedes-Benz E350 insurance in Jacksonville is definitely available both online as well as from insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some insurance companies do not offer price quotes online and many times these smaller providers work with local independent agents.
In this article, we presented some good ideas how to reduce Mercedes-Benz E350 insurance premium rates online in Jacksonville. It's most important to understand that the more rate comparisons you have, the more likely it is that you will get a better rate. You may even be surprised to find that the biggest savings come from an unexpected company.
Steps to finding the cheapest rates for Mercedes-Benz E350 insurance in Jacksonville
Really, the only way to get the cheapest auto insurance rates is to start doing an annual price comparison from insurers who sell insurance in Jacksonville. This can be done by following these steps.
- First, read and learn about policy coverages and the things you can change to prevent expensive coverage. Many factors that increase rates like tickets, at-fault accidents, and a poor credit rating can be remedied by improving your driving habits or financial responsibility.
- Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only provide price estimates from a single company like Progressive or Allstate, while agents who are independent can give you price quotes for many different companies.
- Third, compare the new rate quotes to the price on your current policy and see if there is a cheaper rate. If you can save some money, ensure coverage does not lapse between policies.
- Fourth, tell your current company to cancel your current car insurance policy and submit payment and a signed application for your new coverage. When you receive it, put the certificate verifying proof of insurance along with the vehicle's registration papers.
A crucial key to this process is that you'll want to compare the same coverage limits and deductibles on every quote and and to get price quotes from as many companies as feasibly possible. Doing this guarantees a level playing field and a complete rate analysis.
To read more, feel free to browse these articles:
- Drunk Driving Statistics (Insurance Information Institute)
- Who Has Cheap Auto Insurance for Veterans in Jacksonville? (FAQ)
- Who Has the Cheapest Jacksonville Car Insurance Quotes for a Honda Accord? (FAQ)
- Who Has Affordable Auto Insurance Rates for a Subaru Outback in Jacksonville? (FAQ)
- Who Has Affordable Jacksonville Car Insurance Quotes for Safe Drivers? (FAQ)
- Teen Driver Statistics (Insurance Information Institute)
- How Can I Save Money on Auto Insurance? (Insurance Information Institute)
- Auto Insurance for Teen Drivers (Insurance Information Institute)