The preferred way to find cheaper prices for auto insurance rates is to start doing an annual price comparison from different companies who provide car insurance in Tucson.
Step 1: Spend some time learning about how companies set rates and the changes you can make to keep rates in check. Many rating factors that result in higher prices like speeding and an unacceptable credit rating can be remedied by making minor driving habit or lifestyle changes.
Step 2: Obtain price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from one company like Progressive or Farmers Insurance, while agents who are independent can quote prices from multiple insurance companies.
Step 3: Compare the price quotes to the price on your current policy and determine if there is any savings. If you can save money and switch companies, ensure there is no coverage lapse between policies.
Step 4: Provide adequate notice to your current company to cancel the current policy. Submit payment and a signed application to your new carrier. Make sure you safely store the certificate verifying coverage with the vehicle registration.
A crucial key to this process is to make sure you’re comparing the same physical damage deductibles and liability limits on every price quote and and to get prices from every company you can. Doing this ensures the most accurate price comparison and a complete price analysis.
It’s safe to assume that insurance companies don’t want you to look for cheaper rates. Drivers who shop around once a year will most likely switch auto insurance companies because of the high probability of finding more affordable rates. A recent auto insurance study discovered that people who compared rate quotes regularly saved on average $860 a year as compared to drivers who didn’t regularly shop around.
If saving money on Mercedes-Benz E350 insurance in Tucson is the reason you’re reading this, understanding the best way to compare coverages can help simplify the process.
If you are already insured, you will definitely be able to reduce premiums using the ideas you’re about to read. Buying the cheapest car insurance in Tucson is quite easy. Although Arizona vehicle owners benefit from understanding how big insurance companies sell online and apply this information to your search.
To find the best car insurance rates, there are several ways to obtain and compare prices from different Tucson insurance companies. The best way to find the lowest rates is to use the internet to compare rates.
Getting price quotes online is very simple and it replaces the need to actually drive to all the different Tucson insurance agencies. Shopping for car insurance online can eliminate the need for a local agent unless you want the guidance that only an agent can give. It is possible to compare online quotes but have a local agent actually write the policy. Keep in mind that obtaining a wide range of quotes will improve the odds of getting lower pricing. Not every company provides price estimates online, so it’s necessary to compare price estimates from the smaller companies as well.
The companies shown below are our best choices to provide quotes in Tucson, AZ. If your goal is to find cheaper car insurance in AZ, we suggest you visit two to three different companies in order to get a fair rate comparison.
Rates and detailed analysis
The price information shown below showcases a range of policy rates for Mercedes-Benz E350 models. Being able to understand how prices are established helps drivers make smart choices when comparing insurance rates.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|E350 2-Dr Coupe||$324||$822||$344||$20||$102||$1,612||$134|
|E350 4-Dr Sedan||$356||$736||$268||$16||$80||$1,456||$121|
|E350 with 4-MATIC 4-Dr Sedan||$356||$736||$268||$16||$80||$1,456||$121|
|Get Your Own Custom Quote Go|
Prices based on single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Arizona minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Prices do not factor in zip code location which can lower or raise premium rates considerably.
The example below illustrates how your deductible choice and can raise or lower Mercedes-Benz E350 insurance premiums for different insured age categories. The rates are based on a single male driver, comp and collision included, and no discounts are applied.
Car insurance rates based on gender in Tucson
The diagram below shows the difference between Mercedes-Benz E350 yearly insurance costs for male and female drivers. Data assumes no violations or claims, comprehensive and collision coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Cost difference between full coverage and liability
The diagram below shows the difference between Mercedes-Benz E350 insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Arizona. The price estimates are based on no claims or violations, $1,000 deductibles, marital status is single, and no policy discounts are applied.
When to stop buying comprehensive and collision coverage
There isn’t a written rule to exclude full coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is about 10% or more of replacement cost minus your deductible, then you may need to consider dropping full coverage.
For example, let’s pretend your Mercedes-Benz E350 replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled in an accident, you would only receive $6,000 after paying the physical damage deductible. If you are currently paying more than $600 annually for full coverage, then it might be time to consider dropping full coverage.
There are some situations where buying only liability insurance is not in your best interest. If you have an outstanding loan on your vehicle, you have to carry full coverage in order to satisfy the requirements of the loan. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should not drop full coverage.
Affordable Mercedes-Benz E350 insurance quotes in Tucson
Some insurance providers don’t always advertise the complete list of policy discounts in a way that’s easy to find, so the next list breaks down a few of the more well known and the harder-to-find insurance savings.
- Discount for Passive Restraints – Factory options such as air bags and/or automatic seat belt systems can get savings of 25 to 30%.
- Policy Bundle Discount – When you have multiple policies with the same insurance company you could save over 10 percent off each policy depending on the company.
- No Claim Discounts – Claim-free drivers can earn big discounts compared to policyholders that have many claims.
- Home Ownership Discount – Owning a home in Tucson can save a few bucks because it requires a higher level of personal finance.
- Active Service Discounts – Having a family member in the military could be rewarded with lower insurance rates.
Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire cost. A few only apply to specific coverage prices like medical payments or collision. Despite the fact that it seems like you can get free auto insurance, that’s just not realistic.
The chart below illustrates the difference between Mercedes-Benz E350 auto insurance rates with and without discounts being applied to the rates. The data assumes a male driver, no accidents, no driving violations, Arizona state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, homeowner, multi-policy, multi-car, safe-driver, and marriage discounts applied.
A list of companies and their possible discounts are detailed below.
- State Farm offers discounts including passive restraint, Drive Safe & Save, multiple policy, safe vehicle, multiple autos, Steer Clear safe driver discount, and good driver.
- Progressive has discounts for multi-policy, online quote discount, homeowner, online signing, and continuous coverage.
- Travelers offers premium reductions for driver training, hybrid/electric vehicle, good student, save driver, student away at school, and IntelliDrive.
- American Family policyholders can earn discounts including good driver, good student, defensive driver, early bird, bundled insurance, multi-vehicle, and mySafetyValet.
- Liberty Mutual includes discounts for new graduate, newly retired, safety features, good student, and newly married.
When comparing rates, check with every company what discounts are available to you. A few discounts may not be available everywhere. To see companies that offer multiple discounts in Tucson, click here.
Car insurance is an important decision
Despite the high insurance cost for a Mercedes-Benz E350 in Tucson, insurance may be required and benefits you in several ways.
- Most states have minimum liability requirements which means state laws require specific minimum amounts of liability coverage in order to get the vehicle licensed. 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 your vehicle has a loan, most banks will make it a condition of the loan that you carry insurance to ensure loan repayment if the vehicle is totaled. If you default on your policy, the bank or lender will purchase a policy for your Mercedes-Benz at a much higher premium rate and make you pay a much higher amount than you were paying before.
- Car insurance preserves not only your Mercedes-Benz but also your assets. Insurance will also pay for medical expenses for both you and anyone you injure as the result of an accident. As part of your policy, liability insurance also covers legal expenses in the event you are sued. If mother nature or an accident damages your car, collision and comprehensive (also known as other-than-collision) coverage will cover the damage repairs after a deductible is paid.
The benefits of having insurance greatly outweigh the cost, especially if you ever need it. The average driver in Arizona overpays more than $869 every year so we recommend shopping around each time the policy renews to be sure current rates are still competitive.
When to contact a local insurance agent
A lot of people would rather sit down with an agent and that is just fine! A good thing about price shopping on the web is the fact that you can find lower prices but also keep your business local.
To find an agent, once you fill out this quick form, your coverage information gets sent to companies in Tucson who will gladly provide quotes and help you find cheaper coverage. It’s much easier because you don’t need to leave your house because quoted prices will be sent immediately to you. You can get cheaper car insurance rates without the usual hassles of price shopping. If you want to get a price quote from a specific car insurance provider, you just need to find their quoting web page and give them your coverage information.
Choosing the best insurer shouldn’t rely on just a cheap quote. The answers to these questions are important, too.
- Are there any discounts that you might be missing?
- Where are claims handled?
- Will vehicle repairs be made with aftermarket parts or OEM replacement parts?
- Are they in the agency full-time?
- Can glass claims be handled at your home?
- How many years have they been established?
When looking for a reliable insurance agent, it can be helpful to understand the different agency structures from which to choose. Insurance agencies in Tucson are considered either exclusive or independent agents depending on their company appointments.
Exclusive Car Insurance Agents
Exclusive insurance agents can only provide one company’s prices like AAA, State Farm, Farmers Insurance, and Allstate. They usually cannot provide prices from multiple companies so they have no alternatives for high prices. These agents are well schooled on their products and sales techniques which helps offset the inability to provide other markets.
The following is a list of exclusive insurance agencies in Tucson willing to provide rate quotes.
Independent Agencies or Brokers
Independent agents often have many company appointments and that gives them the ability to insure with multiple insurance companies and possibly get better coverage at lower prices. If they find a lower price, they simply move your policy to a different company which makes it simple for you. When comparing car insurance rates, you definitely need to compare quotes from several independent agencies for the best price selection.
Below is a short list of independent insurance agents in Tucson who can help you get price quote information.
Car insurance coverages for a Mercedes-Benz E350
Understanding the coverages of your policy can be of help when determining appropriate coverage and the correct deductibles and limits. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are typical coverage types available from auto insurance companies.
Comprehensive insurance – This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive coverage protects against things such as hitting a deer, hail damage and theft. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Auto liability – This will cover damage that occurs to a person or their property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 15/30/10 which means a limit of $15,000 per injured person, a total of $30,000 of bodily injury coverage per accident, and property damage coverage for $10,000.
Liability insurance covers claims like loss of income, repair costs for stationary objects, medical expenses, structural damage and medical services. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford. Arizona requires drivers to carry at least 15/30/10 but you should consider buying more liability than the minimum.
The next chart shows why minimum state limits may not be enough.
Collision – Collision insurance pays for damage to your E350 caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.
Collision insurance covers claims such as hitting a mailbox, crashing into a building, crashing into a ditch and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from lower value vehicles. Another option is to raise the deductible on your E350 to bring the cost down.
Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP provide coverage for immediate expenses like prosthetic devices, hospital visits, chiropractic care and surgery. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible
Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage gives you protection when other motorists are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants as well as damage to your Mercedes-Benz E350.
Because many people carry very low liability coverage limits (Arizona limits are 15/30/10), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked.