Cheapest Insurance for a Mercedes-Benz E350 in Corpus Christi

Would you prefer to buy cheaper car insurance rates in Corpus Christi, TX? Corpus Christi shoppers have options when shopping for low-cost Mercedes-Benz E350 insurance. You can either spend your time struggling with agents to get rate comparisons or leverage the internet to get rate quotes.

There is a better way to buy car insurance and we’ll show you the best way to get price quotes for a Mercedes-Benz and get the lowest possible price from Corpus Christi insurance agents and online providers.

If you are already insured or just want to save money, you will benefit by learning to find better prices and still get good coverage. These tips will help you learn how car insurance works and also save some money in the process Drivers just have to learn the proper methods to compare rate quotes using one simple form.

Finding a better price on car insurance can be quick and easy. The only thing you need to do is take a couple of minutes comparing price quotes to find out which insurance company has the cheapest Mercedes-Benz E350 rate quotes.

The companies shown below are our best choices to provide free quotes in Corpus Christi, TX. If multiple companies are listed, we suggest you compare several of them to get the lowest price.

Insurance rate breakdown

The rate table displayed below outlines estimates of coverage prices for Mercedes-Benz E350 models. Having a better understanding of how prices are calculated can be of help when making smart buying decisions.

Data variables include married female driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, safe-driver, multi-vehicle, claim-free, and multi-policy. Rates do not factor in vehicle garaging location which can change coverage prices significantly.

Policy deductible comparison

A question often asked by Corpus Christi drivers is how high should the physical damage deductibles be. The following insurance rates may help to illustrate the differences in premium rates when you select higher and lower physical damage deductibles. The first price estimate table uses a $250 deductible and the second price grid uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, homeowner, and safe-driver. Premium amounts do not factor in zip code location which can raise or lower coverage prices considerably.

Based on the figures above, using a $250 deductible could cost the average driver approximately $21 more each month or $252 each year than quoting the higher $500 deductible. Since you would pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at least 12 months between claim filings, you would save more money if you choose a higher deductible. The numbers below show an example of how we made this calculation.

Insurance rates based on gender

The information below illustrates the difference between Mercedes-Benz E350 annual premium costs for male and female drivers. The rate quotes are based on a clean driving record, no at-fault accidents, comprehensive and collision coverage, $100 deductibles, single marital status, and no discounts are applied to the premium.

Rate difference between full and liability-only coverage

The chart below shows the difference between Mercedes-Benz E350 insurance rates with full physical damage coverage and with liability coverage only. The data assumes no accidents, no driving violations, $250 deductibles, drivers are single, and no discounts are applied to the premium.

When to drop comprehensive and collision

There is no set rule for dropping physical damage coverage on your policy, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then you might want to think about dropping full coverage.

For example, let’s pretend your Mercedes-Benz E350 replacement cost is $6,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying the physical damage deductible. If premiums are more than $500 a year for physical damage coverage, then you may want to consider only buying liability coverage.

There are some scenarios where dropping full coverage is not a good plan. If you haven’t satisfied your loan, you have to carry full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Choosing Mercedes-Benz E350 insurance is an important decision

Even though Corpus Christi E350 insurance rates can get expensive, maintaining insurance is a good idea for several reasons.

First, just about all states have compulsory liability insurance requirements which means the state requires specific limits of liability insurance coverage in order to get the vehicle licensed. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.

Second, if your car has a lienholder, it’s guaranteed your bank will make it mandatory that you have full coverage to guarantee their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Mercedes-Benz at an extremely high rate and require you to reimburse them for the expensive policy.

Third, insurance protects not only your vehicle but also your assets. It will also pay for hospital and medical expenses for you, your passengers, and anyone else injured in an accident. One of the most valuable coverages, liability insurance, also covers all legal expenses up to the policy limit if someone files suit against you as the result of an accident. If your car is damaged in a storm or accident, your policy will pay all costs to repair after the deductible has been paid.

The benefits of carrying enough insurance definitely exceed the price paid, particularly when you have a large claim. Today the average American driver overpays as much as $700 annually so you should quote rates once a year at a minimum to help ensure money is not being wasted.

Car insurance coverages for a Mercedes-Benz E350

Understanding the coverages of your policy can be of help when determining the best coverages for your vehicles. Policy terminology can be confusing and coverage can change by endorsement.

Collision coverage – This pays to fix your vehicle from damage from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like crashing into a ditch, damaging your car on a curb, backing into a parked car and sustaining damage from a pot hole. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also raise the deductible on your E350 to get cheaper collision coverage.

Coverage for liability – This coverage protects you from damage that occurs to other’s property or people by causing an accident. It protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have values of 30/60/25 which stand for a $30,000 limit per person for injuries, a per accident bodily injury limit of $60,000, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers claims such as repair bills for other people’s vehicles, court costs, repair costs for stationary objects, emergency aid and medical expenses. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as high a limit as you can afford. Texas state law requires minimum liability limits of 30/60/25 but you should think about purchasing more coverage.

The illustration below shows why buying minimum limits may not be adequate.

Coverage for medical expenses – Coverage for medical payments and/or PIP reimburse you for bills such as chiropractic care, hospital visits, nursing services and pain medications. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP coverage is not available in all states and may carry a deductible

Coverage for uninsured or underinsured drivers – This protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz E350.

Since many Texas drivers only purchase the least amount of liability that is required (30/60/25), their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Most of the time these limits are set the same as your liability limits.

Comprehensive car insurance – Comprehensive insurance pays for damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for claims such as hail damage, a broken windshield, hitting a bird and theft. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Texas car insurance companies ranked

Insuring your vehicle with the best auto insurance company can be difficult considering how many companies there are to choose from in Texas. The company rank data shown below can help you decide which insurers to look at comparing prices from.

Top 10 Corpus Christi Car Insurance Companies Overall

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive