If you want to find the absolute lowest rates, then the best way to find discount Mercedes-Benz E350 insurance in Newark is to make a habit of regularly comparing prices from different companies that insure vehicles in New Jersey.
- Spend a few minutes and learn about individual coverages and the modifications you can make to keep rates down. Many risk factors that are responsible for high rates such as your driving record and an unacceptable credit history can be improved by paying attention to minor details. Keep reading for additional ideas to help keep rates affordable and find additional discounts.
- Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like GEICO and Allstate, while agents who are independent can provide price quotes for a wide range of insurance providers.
- Compare the quotes to your existing coverage to see if a cheaper rate is available. If you can save money, make sure coverage is continuous and does not lapse.
- Provide written notification to your current company of your intention to cancel your current car insurance policy and submit a completed policy application and payment for your new policy. As soon as you can, put the proof of insurance paperwork with your registration paperwork.
A good tip to remember is to use the same liability limits and deductibles on every quote request and and to get price quotes from every insurance company. Doing this guarantees an accurate price comparison and a better comparison of the market.
Amazingly, almost 70% of drivers kept their coverage with the same car insurance company for at least the last four years, and almost 40% of drivers have never quoted rates to find cheaper coverage. Many drivers in Newark can save hundreds of dollars each year by just comparing quotes, but they don’t want to spend time to do a rate comparison.
These discounts can slash Mercedes-Benz E350 insurance rates
Some companies do not list all possible discounts very clearly, so we break down a few of the more well known and the more hidden credits available to bring down your rates. If you do not double check each discount possible, you could be saving more on your insurance.
- Claim Free – Claim-free drivers can save substantially when compared to policyholders that have many claims.
- Passenger Safety Discount – Vehicles equipped with air bags and/or automatic seat belt systems may get savings of 20% or more.
- Early Renewal Discounts – A few larger companies offer discounts for renewing your policy early. You may see this discount when you get Newark auto insurance quotes online.
- Theft Deterrent System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.
- Multiple Policy Discount – If you insure your home and vehicles and insure them both with the same insurance company you could save nearly 15% which can help you find cheaper E350 insurance.
- Full Payment Discount – If you can afford to pay the entire bill rather than paying in monthly installments you could save 5% or more.
While discounts sound great, it’s important to understand that most discounts do not apply to the overall cost of the policy. The majority will only reduce individual premiums such as comp or med pay. Just because you may think adding up those discounts means a free policy, you’re out of luck.
The illustration below illustrates the difference between Mercedes-Benz E350 car insurance rates with and without discounts being applied to the rates. The rates are based on a male driver, no violations or accidents, New Jersey state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with claim-free, multi-policy, safe-driver, homeowner, marriage, and multi-car discounts applied.
Large insurance companies and some of their more popular discounts can be found below.
- State Farm offers discounts including multiple autos, Drive Safe & Save, good student, good driver, anti-theft, and Steer Clear safe driver discount.
- GEICO offers discounts for multi-vehicle, good student, federal employee, anti-theft, anti-lock brakes, and five-year accident-free.
- Allstate includes discounts for defensive driver, passive restraint, new car, early signing, and anti-lock brakes.
- SAFECO offers premium reductions for anti-theft, teen safety rewards, accident prevention training, anti-lock brakes, multi-car, bundle discounts, and drive less.
- Farm Bureau has discounts for multi-vehicle, renewal discount, multi-policy, driver training, 55 and retired, and good student.
- Progressive discounts include good student, homeowner, online quote discount, multi-policy, online signing, multi-vehicle, and continuous coverage.
- AAA may offer discounts for pay-in-full, good student, AAA membership discount, good driver, and multi-policy.
If you need affordable Newark auto insurance quotes, ask every prospective company how many discounts you can get. Discounts might not be available to policyholders in Newark. To choose providers with significant discounts in Newark, click this link.
All major auto insurance companies make it easy to get coverage price quotes on the web. Obtaining pricing for Mercedes-Benz E350 insurance in Newark is fairly simple because it’s just a matter of typing in your coverage preferences into a form. After you complete the form, the company’s rating system sends out for information on your driving record and credit history and returns a price based on these factors.
Using the web to get rates for Mercedes-Benz E350 insurance in Newark simplifies rate comparisons, and it’s also necessary to compare as many rates as possible if you want to get the cheapest price on auto insurance.
In order to get comparison pricing now, check out the auto insurance providers below. If you have coverage now, it’s recommended you copy the limits and deductibles as shown on your current policy. This makes sure you will have a rate comparison using the exact same coverages.
The companies shown below have been selected to offer free quotes in Newark, NJ. In order to find cheap car insurance in Newark, we recommend you compare several of them to get a more complete price comparison.
Data for Mercedes-Benz E350 insurance
The coverage information displayed below highlights a range of insurance policy prices for Mercedes-Benz E350 models. Learning more about how insurance prices are established can assist in making smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $380 | $864 | $408 | $24 | $122 | $1,798 | $150 |
| E350 4-Dr Sedan | $418 | $774 | $318 | $18 | $94 | $1,622 | $135 |
| E350 with 4-MATIC 4-Dr Sedan | $418 | $774 | $318 | $18 | $94 | $1,622 | $135 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and New Jersey minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Information does not factor in the specific area where the vehicle is garaged which can impact auto insurance rates significantly.
Deductible comparison
When shopping for car insurance, a common question is how high should the physical damage deductibles be. The data tables below help summarize how much more you’ll pay when you choose different physical damage deductibles. The first set of prices uses a $100 deductible for comprehensive and collision coverage and the second rate chart uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $520 | $1280 | $408 | $24 | $122 | $2,379 | $198 |
| E350 4-Dr Sedan | $574 | $1146 | $318 | $18 | $94 | $2,175 | $181 |
| E350 with 4-MATIC 4-Dr Sedan | $574 | $1146 | $318 | $18 | $94 | $2,175 | $181 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $288 | $674 | $408 | $24 | $122 | $1,516 | $126 |
| E350 4-Dr Sedan | $318 | $604 | $318 | $18 | $94 | $1,352 | $113 |
| E350 with 4-MATIC 4-Dr Sedan | $318 | $604 | $318 | $18 | $94 | $1,352 | $113 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and New Jersey minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Information does not factor in garaging location in Newark which can impact premiums greatly.
Based on these figures, using a $100 deductible could cost the average driver approximately $70 more each month or $840 each year across all Mercedes-Benz E350 models than requesting the higher $1,000 deductible. Since the policyholder 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 normally average more than 13 months between claim filings, you would most likely save money by going with a higher deductible. The numbers below show the way you can decide this on your own policy.
| Average monthly premium for $100 deductibles: | $187 |
| Average monthly premium for $1,000 deductibles (subtract): | – $117 |
| Monthly savings from raising deductible: | $70 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $70 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 13 months |
One big caveat is that raising deductibles to save money results in a higher out-of-pocket expense when you file a claim. That will require enough money put aside in order to pay the deductible to have repairs made.
Annual premiums comparing men and women in Newark
The chart below illustrates the difference between Mercedes-Benz E350 car insurance costs for male and female drivers. The data assumes no violations or claims, full physical damage coverage, $250 deductibles, drivers are single, and no policy discounts are applied.
Local Newark insurance agencies
Some consumers still prefer to sit down and talk to an agent and we recommend doing that Agents are trained risk managers and help you file claims. The best thing about comparing insurance prices online is that you can obtain the lowest rates but still work with a licensed agent. Buying from local agents is still important in Newark.
Upon completion of this form (opens in new window), your coverage information is immediately sent to companies in Newark who want to provide quotes to get your business. You don’t have to search for any insurance agencies because quoted prices will be sent to your email. If you want to quote rates from one company in particular, just visit that company’s website to submit a rate quote request.
If you prefer to buy auto insurance from local Newark agents, you need to know there are two different types of agents that differ in how they can insure your vehicles. Insurance agencies in Newark can either be exclusive agents or independent agents. Both types of agents can write auto insurance policies, but it’s worth mentioning the differences because it can influence which type of agent you select.
Independent Agents (or Brokers)
Independent agents are not restricted to one company and that allows them to write policies amongst many companies and get the cheapest rates. If they find a cheaper price, your agent can switch companies which is easy for the insured. If you are comparing auto insurance prices, you absolutely need to get some free quotes from a couple of independent agencies so that you have a good selection of quotes to compare. Most also have access to companies that do not advertise much which could offer lower prices.
Below is a short list of independent insurance agents in Newark that may be able to give you rate quotes.
- Te Freuler
274 Chestnut St – Newark, NJ 07105 – (973) 274-0500 – View Map - Preferred Choice Insurance Agency
225 Newark Ave – Jersey City, NJ 07302 – (201) 616-7644 – View Map - Dependable Insurance Agency Inc
1030 S Orange Ave – Newark, NJ 07106 – (973) 372-0002 – View Map
Exclusive Agencies
Agents in the exclusive channel are contracted to one company such as Farmers Insurance, State Farm, or Allstate. Exclusive agents cannot place coverage with different providers so always compare other rates. They are usually quite knowledgeable in insurance sales which can be an advantage. Some consumers prefer to use the same agent mostly because of the prominent brand name instead of buying on price only.
Listed below is a short list of exclusive agents in Newark that can give you price quote information.
- Farmers Insurance: Anthony Pugliese
217 Chestnut St – Newark, NJ 07105 – (973) 536-2060 – View Map - Allstate Insurance: Celia Caro
66 Wilson Ave – Newark, NJ 07105 – (973) 690-6400 – View Map - Farmers Insurance – Anthony Pugliese
41 Wilson Ave – Newark, NJ 07105 – (973) 732-2105 – View Map
Finding the right car insurance agent should depend on more than just the price. Any good agent in Newark should know the answers to these questions.
- Are there any discounts that you might be missing?
- Are there any extra charges for paying monthly?
- Can they provide you with a list of referrals?
- When do they do a full risk review?
- Is the agent and/or agency licensed to do business in New Jersey?
- Where are claims handled?
After you get good answers to these questions and an acceptable price quote, you have narrowed it down to a car insurance agent that can be relied on to service your policy. Keep in mind once you purchase a policy you can terminate your policy at any point so never feel you’re contractually obligated to the auto insurance policy for the full term.
In the end, you can save money
Lower-priced auto insurance in Newark is attainable both online in addition to local insurance agencies, and you need to price shop both in order to have the best price selection to choose from. Some companies may not offer the ability to get a quote online and these smaller companies only sell through independent agents.
We just showed you a lot of information how to get a better price on Mercedes-Benz E350 insurance in Newark. The key concept to understand is the more rate quotes you have, the higher your chance of finding affordable Mercedes-Benz E350 insurance quotes. You may even find the lowest rates come from a small mutual company.
When searching for low cost Newark auto insurance quotes, you should never reduce needed coverages to save money. In many instances, someone dropped liability coverage limits only to regret at claim time that the few dollars in savings costed them thousands. The goal is to find the BEST coverage for the lowest cost, but don’t skip important coverages to save money.
Additional information can be read below:
- Older Drivers FAQ (iihs.org)
- How Much is Newark Car Insurance for Business Use? (FAQ)
- Who Has the Cheapest Auto Insurance Quotes for a Nissan Rogue in Newark? (FAQ)
- How Much are Auto Insurance Quotes with Multiple Speeding Tickets in Newark? (FAQ)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Side Impact Crash Tests (iihs.org)