Mercedes E300 Insurance Rates

Key Takeaways

• A Mercedes E class insurance costs are comparably high due to its insurance loss ratio being substantially higher than average in the categories of collision and comprehensive coverage.
• The Mercedez-Benz E300 is classified as a large luxury vehicle.
• The Insurance Information Institute for Highway Safety gives the Mercedez-Benz E300 the highest safety rating of good in all categories.

Looking for the best car insurance for Mercedes-Benz? The average Mercedes-Benz E300 insurance rates are $134 per month or $1,612 annually. 

Many factors impact your ability to get cheap car insurance rates. For example, the 2011 Benz E300 price for insurance will be different than the 2018 E300 price. Different models, like the 2014 Mercedes E350 insurance costs, will vary even more.  

Before you buy Mercedes-Benz E300 car insurance, read our comprehensive guide to see how you can save on Mercedes E class insurance costs. 

Get the most affordable Mercedes-Benz E300 auto insurance quotes by entering your five-digit ZIP code into our FREE quote comparison tool.

Finding cheaper auto insurance through online companies saves time, is easy to do, plus you might just save a little. The key to finding lower rates is to get rates from all companies in order to have all your choices.

Finding the best direct price on auto insurance can be difficult if you are a beginner to online quoting. But don't be discouraged because comparing prices is actually very simple. Getting better Mercedes E300 insurance quotes is not a difficult process. The only requirement is to take time to get quotes online from several insurance companies. It is quite easy and can be accomplished by comparing rates here.

Auto insurance rates on a Mercedes E300 can fluctuate considerably and are calculated by many factors. Including but not limited to:

• Tickets increase premiums
• Credit rating impacts rates
• Male drivers pay higher rates
• Deductible amount directly impacts your rate
• Crash test rating for your E300
• Claims drive up premiums
• Having continuous coverage saves you money
• Home ownership saves money

A final factor which can affect Mercedes E300 insurance rates is the model year. Models that are a few years old have a lower value in comparison to older models so the cost to replace them may end up costing you less. Although new E300 models may have a trim level with safety features included like pedestrian detection, a collision avoidance system, and adaptive headlights which may lower rates.

Coverage for liability

damage or injury you incur to claims like pain and suffering, repair costs for stationary objects, and legal defense fees. .

Collision coverage protection

a stationary object or other vehicle. . , . .

Comprehensive auto insurance

from a wide range of events other than collision. . your auto insurance company will pay , .

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage . , . .

Insurance for medical payments

immediate expenses EMT expenses, pain medications, and nursing services. . .

We’ve now answered the question of whether or not insurance is higher on a Mercedes. You understand why a 2011 Mercedes E350 insurance cost is very different from the 2011 E300 price for insurance, or even than the E300 Mercedes 2002 model.

Why? Because The Mercedes E300 price for insurance varies depending on the age of your model and the trim level you chose.  

Ready to secure the cheapest rates for your Mercedes-Benz E300 car insurance? Start your search to find the best car insurance for you Mercedes-Benz.

Enter your ZIP code into our FREE quote comparison tool to immediately compare Mercedes insurance costs across multiple Mercedes-Benz E300 car insurance companies.  

What are the safety ratings for the Mercedes-Benz E300?

When calculating your rates, insurance companies will ask is the Mercedes E300 reliable?

Therefore, understanding the Mercedes-Benz E300 safety ratings can help you discover where to save on your Mercedes Benz E300 price for insurance, and what may cost you more.

Take a look at the safety ratings below.

• Small overlap front (driver-side): Good
• Small overlap front (passenger-side): Good
• Moderate overlap front: Good
• Side: Good
• Roof strength: Good
• Head restraints and seats: Good

The rating of Good is the highest possible score given by the Insurance Institute for Highway Safety. You’ll see some great savings on your car insurance due to these flawless safety ratings. 

In the table below, check out the Mercedes-Benz E300 crash test ratings as performed by the National Highway Traffic Safety Administration.

A 5-star rating is the highest possible score given by the National Highway Traffic Safety Administration. Overall, the Mercedes-Benz E300 did very well in all categories of crash tests.

However, maintaining this car can be pricey. For example, why is a Mercedes oil change so expensive? This is because you must use synthetic oil, which costs more. 

Higher maintenance vehicles usually cost more to insure than economy cars. 

Mercedes-Benz E300 Compared Against other Vehicles in the Same Class

Officially, the Insurance Institute for Highway Safety classifies the Mercedez-Benz E300 as a large luxury vehicle.

Comparing the Mercedes-Benz E300 to similar vehicles can help you save money, especially if the Mercedes-Bens E300 has a better loss ratio than other large luxury vehicles. 

See some of the Mercedes-Benz E300 insurance loss probability details in the table below. This data helps you answer questions like: is a BMW or Mercedes cheaper to insure?

The lower the percentage, the better the insurance loss ratio. Unfortunately, the collision and comprehensive loss ratios for the Mercedes-Benz E300 are substantially worse than average. Luckily, the car did perform better in a few other categories.

Check out comparable car models below.

• Acura RLX
• BMW 5 Series
• Jaguar XF

The Mercedes E class insurance costs are high because it’s insurance loss ratio is substantially worse than average in the categories of collision and comprehensive. They are 72 percent and 83 percent, respectively.

Fortunately, this vehicle’s property damage liability insurance loss is substantially better than average at -24 percent. You’ll see some savings as a result of this better than average insurance loss ratio.

You’re now an expert on Mercedes-Benz E300 insurance rates. Enter your five-digit ZIP code into our free quote tool to compare Mercedes-Benz insurance premiums right away.

References:

1. https://www.iihs.org/ratings/insurance-losses-by-make-and-model
2. https://www.iihs.org/ratings/vehicle/mercedes-benz/e-class-4-door-sedan/2020