2016 Mercedes-Benz E-Class Insurance Rates
Enter your zip code below to view companies that have cheap auto insurance rates.
UPDATED: Nov 23, 2017
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident car insurance decisions. Comparison shopping should be easy. We are not affiliated with any one car insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Average insurance rates for a 2016 Mercedes-Benz E300 are $1,532 a year for full coverage insurance. Comprehensive insurance costs around $348 each year, collision insurance costs $672, and liability coverage costs around $376. Buying a liability-only policy costs as low as $426 a year, and high-risk insurance costs $3,330 or more. Teenage drivers receive the highest rates at up to $5,564 a year.
Annual premium for full coverage: $1,532
Rate estimates for 2016 Mercedes-Benz E300 Insurance
Rate data is compiled from all 50 U.S. states and averaged for all 2016 Mercedes-Benz E300 models. Rates are based on a 40-year-old male driver, $500 comprehensive and collision deductibles, and a clean driving record. Remaining premium consists of UM/UIM coverage, Medical/PIP, and policy fees.
Price Range by Coverage and Risk
For a middle-aged driver, prices range range from as low as $426 for only liability insurance to a high rate of $3,330 for a high risk driver.
These differences illustrate why all drivers should compare prices for a specific zip code and risk profile, rather than using average rates.
Use the form below to get rates for your location.
Enter your zip code below to view companies based on your location that have cheap auto insurance rates.
Recommended Companies for Cheap 2016 Mercedes-Benz E300 Insurance
Finding cheaper insurance for a new or used Mercedes-Benz E-Class can be difficult, but you can follow the following methods to find lower rates.
There is a right way and a wrong way to compare insurance coverage rates and we’ll show you the quickest way to quote coverages on a Mercedes-Benz and locate the lowest price.
Factors influencing Mercedes-Benz E-Class insurance rates
Smart consumers have a good feel for the rating factors that play a part in calculating the price you pay for insurance coverage. Understanding what controls the rates you pay empowers consumers to make smart changes that will entitle you to much lower annual insurance costs.
- Pay less if you’re married – Getting married can actually save you money on your policy. Marriage usually means you are more mature and responsible and statistics show being married results in fewer claims.
- Don’t buy coverages you don’t need – There are many extra bells and whistles that you can buy on your insurance coverage policy. Coverages like rental car reimbursement, towing coverage and additional equipment coverage may be wasting your money. They may seem good initially, but now you might not need them so get rid of them and save.
- Equipment add-ons that lower insurance coverage rates – Owning a car that has an advanced theft prevention system can help lower your rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your vehicle from being stolen.
- Lower rates come with age – Teenage drivers are statistically proven to be more careless when behind the wheel so they pay higher insurance coverage rates. Older insureds are viewed as being more responsible, file fewer claims and are safer drivers.
- Don’t skimp on liability – Liability coverage is the protection when you are found to be at fault for personal injury or accident damage. Liability insurance provides you with a defense in court which can be incredibly expensive. Liability insurance is quite affordable when compared with rates for comp and collision, so drivers should carry high limits.
- Lower deductibles cost more – The deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Coverage for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, is used to repair damage to your car. A few examples of covered claims are running into the backend of another car, damage from fire, and windstorm damage. The higher the amount you have to pay, the bigger discount you will receive on E-Class coverage.
The best way we recommend to compare insurance rates in your area is to understand most of the larger companies actually pay money for the chance to give free rates quotes. The one thing you need to do is provide the companies a bit of rating information including your credit rating estimate, if you went to college, what your job is, and any included safety features. That rating information gets sent immediately to multiple top-rated companies and they respond with quotes very quickly.
To compare multiple company rates now, click here and enter the information requested.
Do insurance coverage companies bend the truth?
Consumers can’t ignore all the ads for cheaper car insurance by companies like State Farm, Allstate and GEICO. All the ads make the same claim that you’ll save big if you move to them.
How does each company make almost identical claims? It’s all in the numbers.
Different companies have a preferred profile for the right customer that makes them money. A good example of a driver they prefer could possibly be between the ages of 30 and 50, has no tickets, and chooses high deductibles. A propective insured that hits that “sweet spot” receives the best rates and as a result will probably save quite a bit of money when switching.
Consumers who don’t measure up to the “perfect” profile will be quoted higher rates which leads to the driver buying from a lower-cost company. The ads state “drivers who switch” not “everybody who quotes” save that much money. That is how companies can advertise the savings.
This emphasizes why you need to quote coverage with many companies. It is impossible to predict which insurance coverage company will provide you with the cheapest Mercedes-Benz E-Class insurance rates.
These discounts can lower your rates
Car insurance is not cheap, but companies offer discounts to help offset the cost. A few discounts will automatically apply at the time you complete a quote, but a few need to be asked about before you will receive the discount. If they aren’t giving you every credit you qualify for, you are throwing money away.
- Drive Less and Save – Keeping the miles down on your Mercedes-Benz could be rewarded with better rates on cars that stay parked.
- Passive Restraints – Vehicles equipped with air bags or motorized seat belts can get savings up to 30%.
- New Vehicle Savings – Insuring a new car can cost up to 25% less due to better safety requirements for new cars.
- Pay Now and Pay Less – If you pay your bill all at once instead of paying each month you may reduce your total bill.
- Multiple Cars – Buying coverage for all your vehicles with the same company may reduce the rate for each vehicle.
A little note about advertised discounts, most of the big mark downs will not be given to all coverage premiums. Some only reduce specific coverage prices like collision or personal injury protection. So despite the fact that it appears adding up those discounts means a free policy, companies don’t profit that way. But any discount will cut the amount you have to pay.
For a list of providers who offer auto insurance discounts, follow this link.
Different people need different coverages
When buying coverage for your vehicles, there really is no “perfect” insurance plan. Everyone’s situation is a little different.
These are some specific questions might point out whether you would benefit from an agent’s advice.
- How high should deductibles be on a 2016 Mercedes-Benz E-Class?
- Do I have newly-aquired coverage?
- What is roadside assistance coverage?
- Exactly who is provided coverage by my policy?
- Should I waive the damage coverage when renting a car?
- How do I insure my teen driver?
- When does my teenage driver need to be added to my policy?
- Do I need PIP coverage since I have good health insurance?
- How does medical payments coverage work?
If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.
Car insurance coverage information
Knowing the specifics of a insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. Insurance terms can be ambiguous and coverage can change by endorsement.
Collision coverage – This will pay to fix damage to your E-Class resulting from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like crashing into a building, hitting a mailbox, backing into a parked car and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.
Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses for ambulance fees, rehabilitation expenses, chiropractic care and nursing services. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay
Liability insurance – Liability insurance protects you from damage or injury you incur to people or other property in an accident. It protects you against claims from other people. It does not cover your injuries or vehicle damage.
It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see limits of 25/50/25 that translate to $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000. Alternatively, you may have one limit called combined single limit (CSL) that pays claims from the same limit with no separate limits for injury or property damage.
Liability coverage pays for claims like court costs, attorney fees and legal defense fees. The amount of liability coverage you purchase is your choice, but consider buying as much as you can afford.
Comprehensive or Other Than Collision – This coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive can pay for claims like a broken windshield, a tree branch falling on your vehicle and vandalism. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.
UM/UIM Coverage – This provides protection when the “other guys” do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz E-Class.
Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently these limits are set the same as your liablity limits.
Spend less. Save more.
Low-cost 2016 Mercedes-Benz E-Class insurance is possible both online in addition to many insurance agents, and you need to price shop both to get a complete price analysis. Some insurance providers do not provide the ability to get a quote online and many times these small insurance companies only sell through independent insurance agents.
Consumers change insurance companies for any number of reasons including unfair underwriting practices, being labeled a high risk driver, delays in paying claims or policy non-renewal. No matter why you want to switch, switching companies is actually quite simple.
As you go through the steps to switch your coverage, you should never reduce coverage to reduce premium. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits only to find out that the small savings ended up costing them much more. Your aim should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.
Rates by U.S. City
|New York City, NY||$2,418|
|Los Angeles, CA||$2,616|
Rates by Driver Age
Full coverage, $500 deductibles
Rates by Deductible
Full coverage, driver age 40
Rates by Liability Limit
Full coverage, driver age 40
Rates for High Risk Drivers
Full coverage, $500 deductibles, two speeding tickets, and one at-fault accident
If a financial responsibility filing is required, the additional charge below may also apply.
Potential Rate Discounts
If you qualify for discounts, you may save the amounts shown below.
|5-yr Accident Free||$120|
|5-yr Claim Free||$101|
|Paid in Full/EFT||$75|
Discounts are estimated and may not be available from every company or in every state.