Auto Insurance Quotes for a Mercedes-Benz E350 in Cincinnati

Statistics show that about 70% of customers have stayed with the same insurance company for over three years, and nearly 40% of drivers have never compared rate quotes at all. With the average premium in Ohio being $1,300, drivers can save hundreds of dollars each year by just comparing quotes, but they don’t know the benefits if they replace their high priced policy.

The best way we recommend to get affordable Mercedes-Benz E350 insurance in Cincinnati is to start doing an annual price comparison from insurance carriers who can sell car insurance in Ohio. Prices can be compared by following these guidelines.

• First, gain an understanding of how car insurance works and the measures you can control to drop your rates. Many factors that result in higher rates like at-fault accidents, careless driving, and a not-so-good credit rating can be controlled by improving your driving habits or financial responsibility.
• Second, compare prices from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only give rate quotes from a single company like Progressive or State Farm, while independent agents can provide rate quotes from multiple sources.
• Third, compare the new rates to your current policy premium to see if a cheaper rate is available in Cincinnati. If you find a lower rate, verify that coverage does not lapse between policies.

One piece of advice is that you’ll want to compare identical coverages on every quote and and to get rate quotes from every company you can. Doing this enables the most accurate price comparison and a thorough price selection.

Finding quotes for cheaper protection in Cincinnati is easy to do. If you already have coverage or just want to save money, take advantage of these tips to find better prices and still have adequate protection. Shoppers only need an understanding of the tricks to shop online.

Which Mercedes-Benz E350 insurance is cheapest in Cincinnati?

The auto insurance companies shown below provide free quotes in Cincinnati, OH. To get the best cheap car insurance in OH, it’s highly recommended you compare several of them to find the most competitive auto insurance rates.

Get discounts on Cincinnati car insurance

Buying car insurance is not cheap, but there could be available discounts that you may not even be aware of. Many discounts should be triggered when you complete an application, but some may not be applied and must be asked for prior to getting the savings. If you check and find you aren’t receiving every discount you deserve, you could be saving more on your car insurance.

• Anti-theft Discount – Cars and trucks equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and will save you 10% or more on E350 insurance in Cincinnati.
• Bundled Policy Discount – If you have multiple policies with one company you may save at least 10% off all policies.
• Discounts for Multiple Vehicles – Having all your vehicles on one policy qualifies for this discount.
• Distant Student – Older children who attend college more than 100 miles from Cincinnati and do not take a car to college may be able to be covered for less.
• Club Memberships – Participating in specific professional or occupational memberships or organizations could trigger savings on your next car insurance statement.
• Seat Belt Usage – Drivers who require all vehicle occupants to use their safety belts may be able to save a few bucks on the premium charged for medical payments and/or PIP.

A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only reduce specific coverage prices like comprehensive or collision. Even though the math looks like you would end up receiving a 100% discount, insurance companies wouldn’t stay in business.

The example below illustrates the comparison of Mercedes-Benz E350 insurance costs with and without discounts applied. The rate quotes are based on a female driver, no tickets, no at-fault accidents, Ohio state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, claim-free, multi-car, marriage, and multi-policy discounts applied.

The best car insurance companies and some of the discounts are detailed below.

• State Farm may have discounts that include anti-theft, Drive Safe & Save, driver’s education, passive restraint, good driver, student away at school, and Steer Clear safe driver discount.
• Farmers Insurance offers discounts including multi-car, electronic funds transfer, good student, pay in full, distant student, and mature driver.
• Progressive includes discounts for good student, multi-policy, online signing, continuous coverage, multi-vehicle, and homeowner.
• GEICO has savings for anti-lock brakes, emergency military deployment, five-year accident-free, defensive driver, air bags, and membership and employees.
• Auto-Owners Insurance offers discounts for anti-lock brakes, anti-theft, safe vehicle, good student, paid in full, mature driver, and safe driver.
• The Hartford may include discounts for anti-theft, defensive driver, good student, driver training, air bag, and vehicle fuel type.
• Farm Bureau may offer discounts for multi-policy, renewal discount, youthful driver, multi-vehicle, safe driver, 55 and retired, and driver training.
• USAA policyholders can earn discounts including loyalty savings, multi-policy, driver training, family discount, defensive driver, and vehicle storage.

Before purchasing a policy, check with each company or agent what discounts are available to you. Discounts may not apply to policies in Cincinnati. If you would like to see a list of companies with the best Mercedes-Benz E350 insurance discounts in Ohio, click here.

Car insurance data for a Mercedes-Benz E350

The data table displayed below showcases different insurance costs for Mercedes-Benz E350 models. Having a good grasp of how auto insurance premiums are formulated helps drivers make decisions when shopping around.

Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, homeowner, and safe-driver. Rate information does not factor in specific Cincinnati garaging location which can revise premium rates noticeably.

Policy deductibles

When buying car insurance, a common question is at what level do you set your deductibles. The tables below help summarize the premium difference of buying low and high policy deductibles. The first price estimate table uses a $100 deductible for physical damage and the second price grid uses a $1,000 deductible.

Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, homeowner, and multi-policy. Estimates do not factor in garaging location in Cincinnati which can revise coverage prices substantially.

Based on the figures above, using a $100 deductible costs roughly $35 more each month or $420 for a full year than quoting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you usually have at least 26 months between claim filings, you would probably come out ahead if you elect the higher deductible.

One important issue to know is that increasing deductibles to lower your rates means you will have to cover more of the damage yourself when you have a comprehensive or collision claim. That will necessitate enough disposable income in order to pay more to get your vehicle repaired.

The illustration below illustrates how choosing a deductible and can increase or decrease Mercedes-Benz E350 annual premium costs for each age group. The premiums assume a single male driver, full physical damage coverage, and no policy discounts are applied.

Irresponsible driving raises your rates

The illustration below demonstrates how speeding tickets and at-fault fender-benders impact Mercedes-Benz E350 premium costs for different categories of driver ages. The premium estimates are based on a single female driver, full physical damage coverage, $500 deductibles, and no discounts are applied.

Car insurance rates based on gender

The information below illustrates the comparison of Mercedes-Benz E350 insurance costs for male and female drivers. The information is based on a clean driving record, no at-fault accidents, comp and collision included, $250 deductibles, single status, and no other discounts are factored in.

Liability only or full coverage

The illustration below illustrates the difference between Mercedes-Benz E350 insurance rates with liability coverage only compared to full coverage. The data assumes no claims or driving citations, $100 deductibles, drivers are single, and no discounts are taken into consideration.

When to drop comp and collision

There isn’t a steadfast formula to drop physical damage insurance, but there is a guideline you can consider. If the annual cost of coverage is more than around 10% of replacement cost minus your deductible, then you may need to consider dropping full coverage.

For example, let’s say your Mercedes-Benz E350 replacement value is $9,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $8,000 after you pay the deductible. If it’s costing you more than $800 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are some cases where only buying liability is not in your best interest. If you still owe money on your vehicle, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your savings is not enough to buy a different vehicle if your current one is damaged, you should not buy liability only.

Local Cincinnati insurance agents and car insurance

Certain consumers just want to have an agent’s advice and we recommend doing that Experienced insurance agents will help you protect your assets and help submit paperwork. The best thing about getting free rate quotes online is you can get lower prices but also keep your business local. Buying from and supporting neighborhood agents is still important in Cincinnati.

After completing this form (opens in new window), your insurance data is sent to insurance agents in Cincinnati that can provide free Cincinnati auto insurance quotes for your coverage. There is no need to leave your computer as quotes are delivered immediately to your email address. If for some reason you want to get a rate quote from a specific insurance company, you would need to find their quoting web page to submit a rate quote request.

Insurance agent types

If you want to buy car insurance from a reliable insurance agency, you should know the different agency structures that you can select. Agencies in Cincinnati can be classified as either exclusive or independent (non-exclusive). Both insure your vehicles properly, but it’s important to know the subtle differences because it can factor into the kind of agent you use.

Independent Car Insurance Agents (or Brokers)

Independent agencies are not required to write business for one company so they can write business with an assortment of companies and get the cheapest rates. If your agent finds better pricing, your agent can switch companies and you can keep the same agent. When comparing car insurance prices, you absolutely need to get insurance quotes from at a minimum one independent agency so that you have a good selection of quotes to compare.

Listed below is a partial list of independent agents in Cincinnati that can give you price quotes.

More insurance agents

Exclusive Insurance Agencies

These agents generally can only insure with one company and some examples include Allstate, State Farm and Farmers Insurance. Exclusive agents cannot compare other company’s rates so keep that in mind. These agents are usually well trained on sales techniques and that allows them to sell at a higher price point.

Shown below is a list of exclusive agents in Cincinnati that are able to give price quote information.

More insurance agents

Finding the right insurance agency needs to be determined by more than just a cheap price. The questions below may impact your decision as well.

• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• Is auto insurance their primary focus in Cincinnati?
• Will the quote change when the policy is issued?
• Is the agent properly licensed in Ohio?
• Do you need full coverage on every vehicle?
• What company holds the largest book of business for them?
• Do they offer claims assistance after hours?
• Can glass repairs be made at your home?

Informed Drivers Can Slash Their Insurance Costs

An important part of buying insurance is that you know some of the factors that help calculate the price you pay for auto insurance. If you understand what positively or negatively impacts your premiums, this enables informed choices that could result in lower auto insurance prices. Lots of things are used when you get a price on insurance. A few of the factors are predictable such as your driving record, but other factors are more transparent such as whether you are married or how financially stable you are.

The list below includes some of the things companies use to determine your rates.

Marriage reduces risk – Having a significant other can get you a discount on your policy. It usually means you are more responsible and it’s proven that married drivers get in fewer accidents.

Cheaper rates with high coverage deductibles – Physical damage insurance, also called ‘full coverage’, is used to repair damage to your Mercedes-Benz. Some examples of claims that would be covered are running into the backend of another car, hitting a deer, and damage from a fallen tree branch. Physical damage deductibles are how much you are required to pay if a covered claim is submitted. The more money you pay before a claim is paid (deductible), the lower your rates will be.

Excellent credit equals lower costs – A driver’s credit rating is a large factor in determining what you pay. So if your credit history can be improved, you could potentially save money when insuring your Mercedes-Benz E350 by taking the time to improve your credit score. Insureds that have very high credit ratings tend to file fewer claims as compared to drivers with lower credit ratings.

Do you work long hours in a stressful job? – Careers like military generals, architects, and accountants are shown to have higher premium rates because of intense work requirements and lengthy work days. On the flip side, occupations such as professors, historians and homemakers generally pay rates lower than average.

Car insurance does more than just repair your car

Despite the high insurance cost for a Mercedes-Benz E350 in Cincinnati, paying for car insurance may be mandatory for several reasons.

• Most states have minimum liability requirements which means state laws require a minimum amount of liability insurance in order to be legal. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Mercedes-Benz E350 has a lienholder, it’s guaranteed your bank will make it mandatory that you carry insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank will be required to insure your Mercedes-Benz at a more expensive rate and make you pay for the much more expensive policy.
• Insurance safeguards your Mercedes-Benz and your assets. Insurance will pay for most medical and hospital costs for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance will also pay attorney fees if anyone sues you for causing an accident. If your car is damaged in a storm or accident, comprehensive and/or collision insurance will pay to repair the damage.

The benefits of buying car insurance outweigh the cost, especially with large liability claims. Despite what companies tell you, the average driver is currently overpaying as much as $830 a year so it’s important to compare rates each time the policy renews to be sure current rates are still competitive.

How to find a good Ohio car insurance company

Selecting a high-quality car insurance company can be difficult considering how many companies provide coverage in Ohio. The ranking data displayed below could help you analyze which insurers you want to consider when shopping around.

Affordable insurance is out there

In this article, we covered a lot of information how to get a better price on Mercedes-Benz E350 insurance in Cincinnati. The most important thing to understand is the more you quote Cincinnati auto insurance, the better chance you’ll have of finding inexpensive Cincinnati auto insurance quotes. Consumers could even find that the best price on insurance is with a small local company. These smaller insurers often have lower prices on specific markets as compared to the big name companies such as Allstate, GEICO and Progressive.

When you buy Cincinnati auto insurance online, it’s very important that you do not skimp on coverage in order to save money. There have been many cases where someone sacrificed collision coverage and learned later that the savings was not a smart move. Your goal should be to get the best coverage possible at the lowest possible cost while not skimping on critical coverages.

To learn more, link through to the resources below:

• What are my Rights when Filing a Claim? (Insurance Information Institute)
• Who Has Cheap Car Insurance Rates for a Company Car in Cincinnati? (FAQ)
• Who Has Cheap Cincinnati Car Insurance for a Hyundai Elantra? (FAQ)
• Side Impact Crash Tests (iihs.org)
• Driving in Bad Weather (Insurance Information Institute)
• Senior Drivers (Insurance Information Institute)