Are you looking for more competitive auto insurance rates in New Orleans, LA? New Orleans shoppers have a choice when shopping for the best price on Mercedes-Benz E350 insurance. You can either spend your time struggling with agents to compare prices or use the internet to compare rates. There are more efficient ways to find auto insurance online and we’ll show you the best way to quote coverages on a Mercedes-Benz and find the lowest possible price from both online companies and New Orleans agents.
Car insurance providers offering cheap rates in Louisiana
The companies in the list below are ready to provide quotes in New Orleans, LA. If you want cheaper car insurance in New Orleans, we recommend you compare several of them in order to find the most competitive rates.
Coverage information
The coverage information displayed below highlights a range of insurance premium costs for Mercedes-Benz E350 models. Having a good understanding how rate quotes are formulated can help guide drivers when making informed decisions when comparing rates.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $278 | $652 | $394 | $24 | $118 | $1,466 | $122 |
| E350 4-Dr Sedan | $308 | $584 | $306 | $18 | $92 | $1,308 | $109 |
| E350 with 4-MATIC 4-Dr Sedan | $308 | $584 | $306 | $18 | $92 | $1,308 | $109 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Louisiana minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, homeowner, and multi-policy. Price estimates do not factor in specific New Orleans garaging location which can raise or lower premiums significantly.
How high should deductibles be?
One of the more difficult decisions when buying insurance is what deductibles to buy. The data tables below help summarize the rate fluctuation when you choose different policy deductibles. The first rate estimation uses a $250 physical damage coverage deductible and the second rate table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $452 | $1036 | $394 | $24 | $118 | $2,049 | $171 |
| E350 4-Dr Sedan | $498 | $928 | $306 | $18 | $92 | $1,867 | $156 |
| E350 with 4-MATIC 4-Dr Sedan | $498 | $928 | $306 | $18 | $92 | $1,867 | $156 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| E350 2-Dr Coupe | $366 | $836 | $394 | $24 | $118 | $1,738 | $145 |
| E350 4-Dr Sedan | $404 | $748 | $306 | $18 | $92 | $1,568 | $131 |
| E350 with 4-MATIC 4-Dr Sedan | $404 | $748 | $306 | $18 | $92 | $1,568 | $131 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and Louisiana minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in garaging location in New Orleans which can increase or decrease auto insurance rates noticeably.
Based on the above data, using a $250 deductible costs roughly $25 more each month or $300 each year across all Mercedes-Benz E350 models than opting for the higher $500 deductible. Since the policyholder would be required to pay $250 more to settle a claim with a $500 deductible as compared to a $250 deductible, if you go at a minimum 10 months between claims, you would save more money by selecting a higher deductible.
The example below illustrates how your deductible choice and can change Mercedes-Benz E350 insurance rates for different categories of driver ages. The premium estimates are based on a married female driver, comprehensive and collision coverage, and no discounts are applied to the premium.
Rate increases following a ticket or accident
The chart below shows how speeding tickets and at-fault accidents impact Mercedes-Benz E350 insurance premiums for different age groups. The rates are based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.
Insurance prices based on gender
The diagram below shows the difference between Mercedes-Benz E350 auto insurance costs for male and female drivers. The rates are based on no claims or driving citations, comp and collision included, $100 deductibles, single marital status, and no additional discounts are factored in.
Price comparison of only insuring for liability
The illustration below illustrates the difference between Mercedes-Benz E350 yearly insurance costs with full coverage compared to only the Louisiana minimum liability coverage. The prices are based on a clean driving record, no claims, $500 deductibles, drivers are single, and no discounts are taken into consideration.
Should you be buying full coverage?
There is no clear-cut formula to exclude comp and collision coverage, but there is a broad guideline. If the annual cost of your full coverage insurance is more than around 10% of the replacement cost minus the deductible, then you may want to consider only buying liability coverage.
For example, let’s assume your Mercedes-Benz E350 settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is destroyed, you would only receive $7,000 after the deductible is paid. If you are paying more than $700 annually for your policy with full coverage, then you may want to consider only buying liability coverage.
There are a few situations where removing full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage in order to satisfy the requirements of the loan. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should not consider dropping full coverage.
Smart Consumers Save Money
Lots of things are taken into consideration when quoting car insurance. A few of the factors are predictable like a motor vehicle report, but others are less apparent like your continuous coverage or your commute time. It’s important that you understand the rating factors that help determine insurance rates. If you have a feel for what impacts premium levels, this allows you to make good choices that could result in much lower annual insurance costs.
The following are a partial list of the pieces used by insurance companies to determine premiums.
- Get better rates if married – Having a significant other may earn you lower rates on your insurance bill. It generally demonstrates drivers are more mature it has been statistically shown that being married results in fewer claims.
- Stay claim-free and save – If you’re an insured who likes to file claims you can pretty much guarantee either policy cancellation or increased premiums. Car insurance companies in Louisiana provide discounts to insureds who are not frequent claim filers. Auto insurance is intended for the bigger claims that can’t be paid out-of-pocket.
- Deter theft and save money – Buying a car that has an advanced theft prevention system can help bring down rates. Systems that thwart thieves like OnStar, LoJack tracking, and tamper alarms all help prevent your vehicle from being stolen.
- Cheaper rates with high physical damage deductibles – The deductibles you choose tell how much you are required to spend out-of-pocket in the event of a claim. Physical damage insurance, also called ‘full coverage’, covers damage that occurs to your car. Some coverage claims are collision with another vehicle, hail damage, and damage caused by road hazards. The higher the amount you pay before a claim is paid (deductible), the less money you will pay for insurance.
You may qualify for discounts for Mercedes-Benz E350 insurance in New Orleans
Not too many consumers would say auto insurance is affordable, but you might already qualify for some discounts that can drop the cost substantially. A few discounts will be applied when you get a quote, but some may not be applied and must be specially asked for prior to getting the savings. If they aren’t giving you every credit available, you are paying more than you should be.
- No Accidents – Insureds with no claims or accidents are rewarded with significantly better rates on New Orleans car insurance quote when compared with drivers who are more careless.
- Driver’s Education for Students – Have your child take driver’s ed class if offered at their school.
- Braking Control Discount – Cars, trucks, and SUVs equipped with ABS or steering control are much safer to drive and therefore earn up to a 10% discount.
- Good Students Pay Less – A discount for being a good student can get you a discount of up to 25%. The good student discount can last up until you turn 25.
- Multiple Vehicles – Purchasing coverage when you have all your vehicles on the same auto insurance policy qualifies for this discount.
It’s important to understand that most discounts do not apply to the entire cost. Most only cut specific coverage prices like liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, it’s just not the way it works.
The chart below illustrates the difference between Mercedes-Benz E350 insurance costs with and without discounts being applied to the rates. The data assumes a female driver, no claims or driving violations, Louisiana state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, multi-car, marriage, homeowner, and claim-free discounts applied.
A list of companies and some of the premium reductions they offer can be found below.
- Progressive offers discounts including good student, homeowner, online quote discount, online signing, multi-policy, continuous coverage, and multi-vehicle.
- AAA may offer discounts for pay-in-full, good driver, education and occupation, multi-policy, and AAA membership discount.
- Farmers Insurance includes discounts for electronic funds transfer, bundle discounts, switch companies, mature driver, and alternative fuel.
- GEICO offers premium reductions for multi-vehicle, multi-policy, daytime running lights, anti-lock brakes, five-year accident-free, and federal employee.
- Esurance policyholders can earn discounts including DriveSense, Pac-12 alumni, online shopper, defensive driver, online quote, and anti-lock brakes.
- SAFECO has discounts for safe driver, accident prevention training, multi-car, teen safety rewards, and homeowner.
- State Farm discounts include Drive Safe & Save, good student, good driver, multiple policy, driver’s education, multiple autos, and student away at school.
When getting free New Orleans car insurance quotes, it’s a good idea to every insurance company how many discounts you can get. Discounts might not apply in your area.
Local New Orleans insurance agencies
Certain consumers just want to get advice from a local agent and that is not a bad decision Good agents can help you build your policy and help submit paperwork. A nice benefit of price shopping on the web is that you can find lower rates but still work with a licensed agent.
To help locate an agent, after submitting this quick form, your information is instantly submitted to local insurance agents that can give you free New Orleans car insurance quotes for your insurance coverage. It’s much easier because you don’t need to drive around as quotes are delivered instantly to you. If you want to quote rates from a particular provider, you would need to visit that company’s website and fill out their quote form.
Finding the right insurance company is decision based upon more than just the bottom line cost. Here are some questions you might want to ask.
- Do they receive special compensation for putting your coverage with one company over another?
- Is there a 24/7 contact number?
- If your car is totaled, how to they determine the replacement cost?
- Did they already check your driving record and credit reports?
- In the event of vehicle damage, can you pick the collision repair facility?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
Multiple types of car insurance agents in New Orleans
If you want to use a local New Orleans insurance agent, you should know the different types of agencies from which to choose. Auto insurance policy providers are categorized either exclusive or independent agents depending on their company appointments. Both insure your vehicles properly, but we need to point out why they differ because it can factor into the selection process.
Exclusive Agents
These agents can only quote rates from one company like State Farm, Allstate and AAA. Exclusive agencies are unable to provide other company’s prices so they really need to provide good service. They are trained well on their products and sales techniques and that allows them to sell at a higher price point. Consumers sometimes choose to use a exclusive agent primarily because of loyalty to the company instead of buying on price only.
The following are New Orleans exclusive agencies who can help you get price quotes.
- Allstate Insurance: Aaron Gable
2073 Caton St – New Orleans, LA 70122 – (504) 283-0034 – View Map - Allstate Insurance: Daniel Rahman
701 Dante St c – New Orleans, LA 70118 – (504) 861-2700 – View Map - Ben Guillory – State Farm Insurance Agent
4111 Franklin Ave – New Orleans, LA 70122 – (504) 943-4055 – View Map
Independent Agents
Agents that elect to be independent are appointed with more than one company and that is an advantage because they can write policies with lots of companies and find you cheaper rates. If prices rise, they simply move your policy to a different company and you stay with the same agent.
When shopping rates, it’s recommended you check rates from a few independent agents in order to have the best price comparison. Most can insure with different regional companies which can be an advantage.
Shown below are New Orleans independent insurance agents willing to provide price quotes.
- Robert Sheard Insurance
1601 Gordon St – New Orleans, LA 70117 – (504) 947-3044 – View Map - J Everett Eaves
650 Poydras St # 1500 – New Orleans, LA 70130 – (504) 581-5353 – View Map - Garcia Insurance Services
3815 MacArthur Blvd – New Orleans, LA 70114 – (504) 875-4077 – View Map
Shop around and save
We just covered quite a bit of information on how to reduce Mercedes-Benz E350 insurance premium rates online in New Orleans. It’s most important to understand that the more providers you compare, the higher your chance of finding cheaper New Orleans car insurance quotes. You may even be surprised to find that the lowest priced auto insurance comes from some of the lesser-known companies.
Insureds leave their current company for a variety of reasons including poor customer service, not issuing a premium refund, lack of trust in their agent and even high prices. It doesn’t matter what your reason, choosing a new insurance company can be easy and end up saving you some money.
The cheapest Mercedes-Benz E350 insurance in New Orleans is definitely available from both online companies as well as from insurance agents, and you should compare rates from both to have the best selection. Some auto insurance companies do not provide online quoting and most of the time these regional insurance providers prefer to sell through local independent agencies.
How to buy discount Mercedes-Benz E350 insurance in New Orleans
If you want to save money, the best way to get affordable Mercedes-Benz E350 insurance is to make a habit of comparing prices annually from companies who provide auto insurance in New Orleans. Price quotes can be compared by following these guidelines.
Step 1: Read about how car insurance works and the steps you can take to prevent expensive coverage. Many policy risk factors that are responsible for high rates such as accidents, traffic violations, and a less-than-favorable credit history can be eliminated by paying attention to minor details.
Step 2: Obtain price quotes from independent agents, exclusive agents, and direct companies. Direct and exclusive agents can only provide price estimates from one company like GEICO or Allstate, while independent agents can give you price quotes for a wide range of insurance providers.
Step 3: Compare the new quotes to the premium of your current policy and see if there is a cheaper rate. If you find better rates, ensure there is no coverage lapse between policies.
An important part of this process is to use similar limits and deductibles on every quote request and and to analyze as many different insurance providers as possible. Doing this helps ensure a fair rate comparison and a good representation of prices.
Other resources
- Bodily Injury Coverage (Liberty Mutual)
- What Car Insurance is Cheapest for Single Moms in New Orleans? (FAQ)
- Who Has Affordable New Orleans Auto Insurance Quotes for a Chevrolet Silverado? (FAQ)
- What Auto Insurance is Cheapest for a Mazda CX-7 in New Orleans? (FAQ)
- How Much is Car Insurance for a Toyota Camry in New Orleans? (FAQ)
- Information for Teen Drivers (GEICO)
- Safety Tips for Teen Drivers (Insurance Information Institute)