It’s hard to fathom, but 70% of consumers have been with the same company for at least four years, and almost half have never compared rate quotes at all. With the average auto insurance premium being $1,389, Indiana drivers could save approximately 55% every year just by getting comparison quotes, but they just feel it’s too hard to do a rate comparison.
The most effective way to save money on car insurance rates is to start doing a yearly price comparison from different companies who sell insurance in Fort Wayne. You can shop around by following these guidelines.
- It will benefit you to learn about what coverages are included in your policy and the steps you can take to lower rates. Many risk factors that result in higher rates like speeding tickets, accidents and a bad credit score can be remedied by making lifestyle changes or driving safer. Continue reading for instructions to help keep rates affordable and get additional discounts.
- Request rate estimates from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from one company like Progressive and State Farm, while agents who are independent can provide rate quotes for many different companies.
- Compare the new rate quotes to your current policy to determine if you can save on E350 insurance. If you find a lower rate quote and buy the policy, make sure there is no coverage gap between policies.
- Provide adequate notice to your current company of your intention to cancel your current policy. Submit the application along with any required down payment for the new coverage. Once the paperwork is finalized, put the certificate verifying proof of insurance in an easily accessible location.
One important bit of advice is to make sure you enter identical deductibles and limits on every quote request and and to look at as many different insurance providers as possible. Doing this enables an apples-to-apples comparison and and a good selection of different prices.
If you have insurance now, you should be able to shop for the lowest rates using these techniques. Getting quotes for the best auto insurance policy in Fort Wayne is easy if you know what you’re doing. Although Indiana vehicle owners need to learn how companies determine premium rates.
Best companies for Mercedes-Benz E350 insurance
The following companies can provide price comparisons in Fort Wayne, IN. If your goal is to find the cheapest auto insurance in Fort Wayne, IN, it’s a good idea that you get rates from several of them to get the lowest price.
Auto insurance statistics for a Mercedes-Benz E350
The coverage table below covers a range of insurance rates for Mercedes-Benz E350 models. Being more informed about how insurance quotes are calculated can aid in making smart choices when choosing a car insurance company.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $234 | $620 | $224 | $14 | $68 | $1,160 | $97 |
| E350 4-Dr Sedan | $258 | $556 | $174 | $10 | $52 | $1,050 | $88 |
| E350 with 4-MATIC 4-Dr Sedan | $258 | $556 | $174 | $10 | $52 | $1,050 | $88 |
| Get Your Own Custom Quote Go | |||||||
Data rating is based on married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Indiana minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Information does not factor in zip code location which can change coverage rates greatly.
Deductible comparison
When buying auto insurance, a common question is how high should the deductibles for physical damage be. The data tables below may help to conceptualize the rate difference between high and low physical damage deductibles. The first data set uses a $250 comprehensive and collision deductible and the second set of rates uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $272 | $626 | $238 | $14 | $72 | $1,247 | $104 |
| E350 4-Dr Sedan | $300 | $562 | $186 | $10 | $56 | $1,139 | $95 |
| E350 with 4-MATIC 4-Dr Sedan | $300 | $562 | $186 | $10 | $56 | $1,139 | $95 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $222 | $504 | $238 | $14 | $72 | $1,050 | $88 |
| E350 4-Dr Sedan | $244 | $452 | $186 | $10 | $56 | $948 | $79 |
| E350 with 4-MATIC 4-Dr Sedan | $244 | $452 | $186 | $10 | $56 | $948 | $79 |
| Get Your Own Custom Quote Go | |||||||
Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Indiana minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-policy, and multi-vehicle. Premium costs do not factor in specific zip code location which can affect rates substantially.
Based on the data above, we can derive that using a $250 deductible costs approximately $16 more each month or $192 for a full year than quoting the higher $500 deductible. Since you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you usually have more than 16 months between claim filings, you would save more money by going with a higher deductible.
Insurance rate increases from tickets or accidents
The diagram below shows how traffic citations and fender-benders can increase Mercedes-Benz E350 car insurance costs for each different age category. The rates are based on a married male driver, full coverage, $1,000 deductibles, and no discounts are applied to the premium.
Mercedes-Benz E350 insurance premiums by gender
The example below visualizes the comparison of Mercedes-Benz E350 annual premium costs for male and female drivers. The premium estimates are based on no claims or violations, comp and collision included, $250 deductibles, single status, and no discounts are factored in.
Informed Decisions Result in Lower Insurance Premiums
Many different elements are used in the calculation when premium rates are determined. A few of the factors are predictable such as your driving history, although others are not as apparent such as whether you are married or how financially stable you are.
The items below are some of the most rate-impacting factors that factor into your premiums.
Impacts performance impacts auto insurance costs – The type of vehicle you are insuring makes a big difference in the rate you pay. Small economy passenger models usually are quite affordable to insure, but there are many factors that impact the final cost.
The next chart uses these assumptions: married male driver age 30, full coverage with $250 deductibles, and no discounts or violations. It shows Mercedes-Benz E350 rates compared to other models of vehicles that have a range of risk factors.
Proper usage rating affects premiums – The higher the miles on your Mercedes-Benz every year the more you’ll pay to insure it. A lot of insurance companies charge rates based on their usage. Vehicles left parked in the garage cost less to insure than cars that get driven a lot. A policy that improperly rates your E350 is throwing money out the window. It’s a smart idea to ensure your auto insurance policy is showing the right rating data.
How much liability coverage – Your policy’s liability coverage will afford coverage in the event that you are ruled to be at fault for physical damage or personal injury to other. It provides you with a defense in court to attempt to prove you were not liable. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so insureds should have plenty of protection for their assets.
Teen vs. experienced drivers – Teen drivers in Indiana are statistically proven to be inattentive when driving so they pay higher auto insurance rates. Having to add a youthful driver onto your auto insurance can cause a big jump in price. Older, more experienced drivers are shown to be more cautious, are lower risk to insure, and are generally more financially stable.
The following chart assumes a single driver, full coverage with $100 deductibles, and no discounts or violations.
Discounts for cheaper car insurance quotes
Auto insurance companies do not list the complete list of policy discounts very clearly, so below is a list both well-publicized and the harder-to-find credits that you can use to lower your rates.
- Fort Wayne Homeowners Discount – Owning a house in Fort Wayne can get you a discount due to the fact that maintaining a home means you have a higher level of financial diligence.
- Drivers Ed for Students – Teen drivers should take driver’s ed class as it can save substantially.
- Safe Driver Discount – Drivers who don’t get into accidents may receive a discount up to 45% than drivers with accident claims.
- Passenger Safety Discount – Vehicles with factory air bags or motorized seat belts may qualify for discounts as much as 30%.
- Early Switch Discount – Select larger companies give a discount for switching companies prior to the expiration date on your current E350 insurance policy. It can save you around 10%.
- Theft Prevention System – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are less likely to be stolen and will save you 10% or more on E350 insurance in Fort Wayne.
- Defensive Driver Discounts – Participating in a safe driver course could save 5% or more if your company offers it.
- Telematics Discount – Insureds who allow data collection to analyze vehicle usage by installing a telematics device like In-Drive from State Farm and Progressive’s Snapshot may see discounts if they have good driving habits.
- Discount for Good Grades – Excelling in school can save 20 to 25%. Many companies even apply the discount to college students up until you turn 25.
Remember that many deductions do not apply to the entire policy premium. Most only apply to the cost of specific coverages such as comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, that’s just not realistic.
The example below shows the difference between Mercedes-Benz E350 insurance premiums with and without discounts applied to the policy rates. The price estimates are based on a female driver, no claims, a clean driving record, Indiana state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, claim-free, multi-car, multi-policy, safe-driver, and homeowner discounts applied.
The best car insurance companies and some of the premium reductions they offer are:
- GEICO offers premium reductions for anti-lock brakes, military active duty, daytime running lights, emergency military deployment, multi-policy, and federal employee.
- Travelers offers discounts including driver training, save driver, IntelliDrive, multi-car, and student away at school.
- Farm Bureau may include discounts for 55 and retired, youthful driver, multi-vehicle, safe driver, driver training, good student, and multi-policy.
- Liberty Mutual has discounts for new graduate, multi-car, preferred payment discount, new move discount, exclusive group savings, newly married, and teen driver discount.
- American Family policyholders can earn discounts including Steer into Savings, TimeAway discount, air bags, multi-vehicle, accident-free, good student, and mySafetyValet.
- Progressive offers discounts for online quote discount, multi-policy, continuous coverage, homeowner, multi-vehicle, and online signing.
Check with each company which discounts you qualify for. Some discounts listed above might not be available to policyholders in your state.
Local Fort Wayne insurance agencies
A lot of people would prefer to visit with an insurance agent and we recommend doing that The biggest benefit of comparing rate quotes online is that you can obtain lower rates and still buy from a local agent. Buying from and supporting local insurance agents is still important in Fort Wayne.
Upon completion of this simple form, your coverage information is transmitted to local insurance agents that give free quotes for your insurance coverage. It’s much easier because you don’t need to search for an agent as quotes are delivered to the email address you provide. You can get cheaper car insurance rates and an insurance agent to talk to. If you want to get a price quote from a specific insurance company, just jump over to their website and complete a quote there.
Below is a short list of insurance companies in Fort Wayne that may be able to provide price quote information for Mercedes-Benz E350 insurance in Fort Wayne.
- John Hayes – State Farm Insurance Agent
6407 Stellhorn Rd – Fort Wayne, IN 46815 – (260) 486-4711 – View Map - Shawn Corbett – State Farm Insurance Agent
6061 N Clinton St – Fort Wayne, IN 46825 – (260) 484-6199 – View Map - Sam Till Jr – State Farm Insurance Agent
615 Goshen Ave – Fort Wayne, IN 46808 – (260) 482-9623 – View Map - G A MacDonald Associates
2200 Lake Ave #120 – Fort Wayne, IN 46805 – (260) 422-5377 – View Map
Finding a good insurer should include more criteria than just a cheap price quote. Any agent in Fort Wayne should be willing to answer these questions.
- Which companies do they recommend if they are an independent agency?
- How will an accident affect your rates?
- Do you need full coverage on every vehicle?
- Can they give you a list of client referrals?
- Are they primarily personal or commercial lines agents in Fort Wayne?
- Can they help ensure a fair claim settlement?
Ratings for Indiana auto insurance companies
Insuring your vehicle with the right insurance provider can be difficult considering how many companies there are to choose from in Fort Wayne. The company rank data below may help you analyze which car insurance companies to look at comparing prices from.
Top 10 Fort Wayne Car Insurance Companies by A.M. Best Rank
- USAA – A++
- GEICO – A++
- Travelers – A++
- State Farm – A++
- Allstate – A+
- Progressive – A+
- Erie Insurance – A+
- The Hartford – A+
- Nationwide – A+
- Esurance – A+
Top 10 Fort Wayne Car Insurance Companies Ranked by Customer Satisfaction
- USAA – 92%
- Erie Insurance – 88%
- American Family – 88%
- State Farm – 88%
- Nationwide – 88%
- 21st Century – 88%
- AAA Insurance – 87%
- Liberty Mutual – 87%
- Farmers Insurance – 87%
- The Hartford – 87%
When in doubt talk to an agent
Keep in mind that when it comes to choosing proper insurance coverage, there really isn’t a single plan that fits everyone. Every insured’s situation is different so your insurance needs to address that.
These are some specific questions may help you determine whether you might need professional guidance.
- Is my son or daughter covered when driving my car?
- Is a blown tire covered by insurance?
- Should I bundle my homeowners policy with my auto?
- Am I covered if I have no license?
- What are good deductibles for a Mercedes-Benz E350?
- What is roadside assistance coverage?
- What if a claim settlement is too low?
- How much cheaper are high deductibles?
- What can I do if my company denied a claim?
If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Be persistent to save money
Budget-friendly car insurance in Fort Wayne is possible from both online companies in addition to local insurance agencies, and you need to comparison shop both to get a complete price analysis. Some insurance companies may not offer the ability to get quotes online and most of the time these small insurance companies only sell coverage through independent agents.
We just showed you many ideas to reduce Mercedes-Benz E350 insurance auto insurance rates online in Fort Wayne. The key thing to remember is the more rate comparisons you have, the better your comparison will be. You may even be surprised to find that the lowest auto insurance rates are with a small local company. These companies may often insure only within specific states and give better rates than their larger competitors like State Farm or Progressive.
Helpful information
- Distracted Driving (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for 18 Year Olds in Fort Wayne? (FAQ)
- Who Has the Cheapest Car Insurance Quotes for a Learners Permit in Fort Wayne? (FAQ)
- How Much are Auto Insurance Quotes for Unemployed Drivers in Fort Wayne? (FAQ)
- Who Has Cheap Auto Insurance for Drivers with Good Credit in Fort Wayne? (FAQ)
- How Much is Fort Wayne Auto Insurance for Seniors? (FAQ)
- Who Has the Cheapest Car Insurance Rates for Drivers Over Age 60 in Fort Wayne? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Eight Auto Insurance Myths (Insurance Information Institute)