Save Money on Mercedes-Benz C350 Insurance in Philadelphia

Do you need a fast way to compare the cheapest Mercedes-Benz C350 insurance in Philadelphia? Did a good deal turn into an overpriced auto insurance policy? Say no more because there are many people just like you.

It’s hard to fathom, but over 70% of consumers have purchased from the same company for four years or more, and practically 40% of auto insurance customers have never quoted rates to find lower-cost coverage. With the average premium in America being $1,847, drivers could save about 47% each year, but most undervalue the amount of savings they would get if they swap their current policy for a cheaper one. Due to the fact that there are so many insurance providers from which to choose, it can be impossible to pick the lowest cost insurer.

It is always a good idea to shop coverage around occasionally since insurance prices are adjusted regularly by insurance companies. Even if you think you had the lowest rates on Mercedes-Benz C350 insurance in Philadelphia at your last renewal there may be better deals available now. Ignore everything you know about auto insurance because we’re going to show you the best methods to lower your annual insurance bill.

All major insurance companies such as GEICO, State Farm and Progressive give prices on the web. Getting quotes for Mercedes-Benz C350 insurance in Philadelphia can be done by anyone as all you need to do is type in the amount of coverage you want into the quote form. After the form is submitted, the system pulls credit information and your driving record and provides a quote based on these factors. This makes it simple to compare prices and it’s absolutely necessary to perform this step if you are searching for lower-cost rates.

To find out if lower rates are available, compare rates from the companies below. If you currently have coverage, we recommend you replicate the coverage information as shown on your current policy. This ensures you are getting rate quotes for similar coverage.

The providers in the list below are our best choices to provide free quotes in Philadelphia, PA. If multiple companies are shown, we suggest you get price quotes from several of them to get a more complete price comparison.

Mercedes-Benz C350 insurance rate analysis

The table below outlines a range of insurance prices for Mercedes-Benz C350 models. Being aware of how insurance quotes are established can assist in making decisions on which insurance to purchase.

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Prices do not factor in zip code location which can impact premium rates substantially.

Car insurance deductibles

One of the more difficult decisions when buying car insurance is how high should the physical damage deductibles be. The comparison tables below can help you visualize the price difference when you buy lower versus higher physical damage deductibles. The first rate quote example uses a $250 deductible and the second price table uses a $500 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Pennsylvania minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Rates do not factor in specific Philadelphia garaging location which can impact premiums substantially.

Based on these figures, using a $250 deductible costs approximately $17 more each month or $204 every year than buying the higher $500 deductible. Due to the fact that you would have to pay $250 more if you turn in a claim with a $500 deductible as compared to a $250 deductible, if you normally average at a minimum 15 months between claims, you would probably save some money if you elect the higher deductible.

Impact of speeding/accidents on Philadelphia car insurance rates

The example below shows how traffic citations and at-fault claims can drive up Mercedes-Benz C350 car insurance costs for different age categories. The data assumes a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are applied to the premium.

Liability only or full coverage

The chart below shows the comparison of Mercedes-Benz C350 car insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data assumes no violations or accidents, $250 deductibles, drivers are single, and no policy discounts are applied.

When to drop comprehensive and collision

There is no definitive formula that works best for making the decision to drop physical damage coverage, but there is a general guideline. If the annual cost of coverage is about 10% or more of the vehicle’s replacement cost less your deductible, then you might want to think about dropping full coverage.

For example, let’s assume your Mercedes-Benz C350 replacement value is $7,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $6,000 after the policy deductible has been paid. If it’s costing you more than $600 a year for comprehensive and collision coverage, then it could be time to drop full coverage.

There are some circumstances where eliminating full coverage is not financially feasible. If you still have a lienholder on your title, 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 if your current one is damaged, you should not drop full coverage.

Choosing Mercedes-Benz C350 insurance is an important decision

Despite the high cost of buying insurance for a Mercedes-Benz C350 in Philadelphia, insurance may be mandatory for several reasons.

• Almost all states have mandatory liability insurance requirements which means state laws require specific minimum amounts of liability coverage in order to license the vehicle. In Pennsylvania these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your C350 has a lienholder, more than likely the lender will force you to have insurance to ensure the loan is repaid in case of a total loss. If you do not keep the policy in force, the bank will be required to insure your Mercedes-Benz at a more expensive rate and force you to reimburse them the higher price.
• Insurance protects both your assets and your Mercedes-Benz. It will also pay for many types of medical costs for you, any passengers, and anyone injured in an accident. Liability coverage, the one required by state law, also covers legal expenses if you cause an accident and are sued. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of carrying enough insurance are without a doubt worth the cost, particularly for liability claims. According to a 2015 survey, the average American driver is overpaying more than $750 every year so shop around each time the policy renews to help ensure money is not being wasted.

Get Cheaper Insurance Costs by Understanding These Factors

A large part of saving on insurance is knowing some of the elements that aid in calculating your insurance rates. When consumers understand what positively or negatively impacts your premiums, this enables you to make decisions that could result in big savings.

Listed below are just a few of the factors used by insurance companies to determine your prices.

Policy claims cost money – If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Car insurance companies in Pennsylvania generally give lower rates to people who are not frequent claim filers. Your insurance policy is intended for the large, substantial claims.

Fast cars cost more to insure – The type of vehicle you need to insure makes a substantial difference in determining your rates. The cheapest rates are usually found on the lowest performance passenger models, but the cost you end up paying is determined by many additional factors.

The chart below is based on a married male driver age 20, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Mercedes-Benz C350 rates compared to other makes and models that have a range of risk factors.

Insurance rates in urban areas – Choosing to live in small towns and rural areas can be a good thing when it comes to insurance. People in densely populated areas have to deal with more traffic problems and longer commutes to work. Less people means less chance of accidents.

Your vocation can affect rates – Jobs like military personnel, airline pilots, and stock brokers tend to pay higher rates than average because of intense work-related stress and lots of time spent away from family. Conversely, professions such as scientists, engineers and the unemployed pay lower than average rates.

Reduce prices by driving safer vehicles – Cars with five star safety ratings cost less to insure. Vehicles built for safety reduce injuries and any reduction in injury severity means lower claim amounts passed on to you as lower rates. If your Mercedes-Benz C350 scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you may qualify for a discount.

Get cheaper Mercedes-Benz C350 insurance rates in Philadelphia

Car insurance can cost a lot, but there could be available discounts that you may not know about. Most are applied when you purchase, but some discounts are required to be specifically requested prior to receiving the credit.

• Distant Student – Children who attend college more than 100 miles from Philadelphia and leave their car at home may be insured at a cheaper rate.
• Paper-free Discount – Some of the larger companies will give a small break get Philadelphia car insurance online.
• Discount for Life Insurance – If the company offers life insurance, you could get a break if you buy a life policy as well.
• Multi-car Discount – Insuring several vehicles on one policy can reduce rates for all insured vehicles.
• Telematics Devices – Philadelphia drivers who agree to allow driving data submission to monitor driving habits by using a telematic data system like In-Drive from State Farm and Progressive’s Snapshot could save a few bucks if their driving habits are good.
• Early Signing – A few insurance companies allow discounts for switching to them prior to the expiration date on your current C350 insurance policy. This discount can save up to 10%.
• Philadelphia Homeowners Pay Less – Just being a homeowner can earn you a little savings since owning and maintaining a home requires a higher level of personal finance.
• Theft Prevention Discount – Vehicles that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
• Fewer Miles Equal More Savings – Low annual miles could qualify for slightly better premium rates than normal.
• Accident-Free Discounts – Insureds who avoid accidents and claims are rewarded with significantly better rates on Philadelphia car insurance quote in comparison to frequent claim filers.

A little disclaimer on discounts, many deductions do not apply to the entire policy premium. A few only apply to specific coverage prices like physical damage coverage or medical payments. If you do the math and it seems like all the discounts add up to a free policy, you’re out of luck. Any qualifying discounts should help reduce the amount you have to pay.

The example below compares Mercedes-Benz C350 insurance prices with and without discounts. The price estimates are based on a male driver, no accidents or driving violations, Pennsylvania state minimum liability limits, comp and collision included, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, homeowner, safe-driver, multi-policy, and claim-free discounts applied.

The best auto insurance companies and a partial list of their discounts can be found below.

• State Farm offers premium reductions for accident-free, safe vehicle, student away at school, passive restraint, good student, and multiple autos.
• Farmers Insurance includes discounts for pay in full, early shopping, youthful driver, business and professional, alternative fuel, electronic funds transfer, and switch companies.
• GEICO has savings for membership and employees, seat belt use, defensive driver, driver training, anti-lock brakes, air bags, and daytime running lights.
• American Family may have discounts that include bundled insurance, mySafetyValet, good driver, accident-free, and defensive driver.
• Nationwide discounts include accident-free, multi-policy, defensive driving, family plan, anti-theft, and Farm Bureau membership.
• Progressive may offer discounts for continuous coverage, good student, online signing, homeowner, and online quote discount.

It’s a good idea to ask every prospective company which credits you are entitled to. Some discounts listed above may not apply to policies in Philadelphia. If you would like to view insurance companies with the best discounts in Pennsylvania, follow this link.

When should I talk to an insurance agent?

Certain consumers just want to get professional advice from a licensed agent and that is just fine! Agents can help you build your policy and help you file claims. One of the great benefits of getting online price quotes is you may find the best rates but still work with a licensed agent. And supporting small agencies is important especially in Philadelphia.

Upon completion of this simple form, your insurance data is emailed to insurance agents in Philadelphia who will give competitive quotes and help you find cheaper coverage. You won’t need to contact any agents because prices are sent to you. In the event you want to quote rates from a specific insurance company, don’t hesitate to navigate to their website and complete a quote there.

If you are wanting to purchase insurance from a reliable insurance agency, it’s important to understand the different types of agents and how they can quote your rates. Insurance agencies in Philadelphia are considered either exclusive or independent (non-exclusive). Both types of agents can write insurance policies, but it’s worth learning the difference between them because it can influence your agent selection.

Independent Agents (or Brokers)

These agents often have many company appointments and that is an advantage because they can write policies with an assortment of companies and find the cheapest rate. To move your coverage to a new company, your agent can switch companies which requires no work on your part.

If you are comparing rate quotes, you should always compare prices from a few independent agents for maximum quote selection.

The following is a list of independent agencies in Philadelphia who may be able to give you free rate quotes.

More Philadelphia agents

Exclusive Agents

These type of agents are contracted to one company such as Allstate, Farmers Insurance or State Farm. Exclusive agents are unable to shop your coverage around so if the price isn’t competitive there isn’t much they can do. Exclusive agencies are usually well trained on their products and sales techniques and that can be a competitive advantage.

Listed below are Philadelphia exclusive agencies that can give you price quote information.

More Philadelphia agents

Choosing a insurance agent needs to be determined by more than just a low price. Below are some questions you should ask.

• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Do they have 24-hour customer assistance?
• Does the agency have a current Errors and Omissions policy?
• Is auto insurance their primary focus in Philadelphia?
• Do clients work directly with the agent or are most inquiries handled by a CSR?

In Summary

We covered some good ideas how to get a better price on Mercedes-Benz C350 insurance in Philadelphia. The key thing to remember is the more quotes you get, the higher the chance of saving money. Consumers may even find the biggest savings come from a smaller regional carrier. They may have significantly lower rates on certain market segments as compared to the big name companies such as State Farm and Allstate.

As you prepare to switch companies, it’s very important that you do not skimp on coverage in order to save money. In many instances, an insured dropped comprehensive coverage or liability limits and found out when filing a claim that it was a big mistake. Your objective should be to buy a smart amount of coverage at the best price.

There are still a few companies who do not offer online quoting and many times these smaller companies work with independent agents. Discount Mercedes-Benz C350 insurance is possible online and with local Philadelphia insurance agents, so you should be comparing quotes from both to have the best rate selection.

More information can be read at the links below

• Side Impact Crash Tests (iihs.org)
• How Much are Auto Insurance Rates for a Toyota Camry in Philadelphia? (FAQ)
• Who Has the Cheapest Philadelphia Auto Insurance Quotes for Inexperienced Drivers? (FAQ)
• Air Bags: Potential Dangers to Your Children (Insurance Information Institute)
• Vehicle Size and Weight FAQ (iihs.org)