Are you sick and tired of scraping the payment together to keep your car insured? You’re in the same situation as many other drivers in Louisiana.
It’s safe to assume that insurance companies don’t want you to look for a cheaper policy. Insureds who get price quotes annually are likely to buy a different policy because of the high probability of finding discount prices. A recent survey found that consumers who compared rate quotes regularly saved an average of $865 annually compared to policyholders who never compared prices.
If finding the lowest price for Mercedes-Benz C350 insurance is the reason you’re reading this, then learning a little about how to shop and compare coverages can help make the process easier and more efficient. Numerous car insurance companies battle for your hard-earned dollar, and because of this it can be hard to compare insurers to get the lowest rate on Mercedes-Benz C350 insurance in New Orleans.
It is always a good idea to shop coverage around yearly since insurance prices are rarely the same from one policy term to another. Despite the fact that you may have had the best deal on Mercedes-Benz C350 insurance in New Orleans at your last renewal you will most likely find a better rate quote today. Don’t believe everything you read about C350 insurance out there, but in just a couple of minutes you can learn some of the best ways to lower your insurance bill.
If you have a current auto insurance policy or just want a better rate, you can learn to find the best rates without having to cut coverage. Buying the cheapest auto insurance in New Orleans is really quite easy. Shoppers just have to know the best way to quote multiple rates online from multiple companies.
Finding cheaper New Orleans insurance prices isn’t really that difficult. You just need to spend a few minutes on the computer comparing price quotes provided by online insurance companies.
Getting free rate quotes online is quite simple, and it takes the place of having to drive around to different New Orleans agent offices. Shopping for insurance online can eliminate the need for a local agent unless you have a need for the extra assistance of an agent trained in personal lines coverage. It is possible with some companies comparison shop online but have a local agent actually write the policy.
The following companies offer free rate quotes in Louisiana. To get cheaper car insurance in New Orleans, LA, we recommend you visit as many as you can to find the lowest auto insurance rates.
Detailed insurance information
The premium table shown below outlines different coverage costs for Mercedes-Benz C350 models. Knowing how insurance prices are established can assist in making decisions on which coverage to buy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|C350 W 4-Dr Sedan||$286||$562||$446||$26||$134||$1,454||$121|
|Get Your Own Custom Quote Go|
Data rating is based on married male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Louisiana minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, multi-policy, and homeowner. Rates do not factor in the specific area where the vehicle is garaged which can affect price quotes substantially.
The chart below illustrates how your deductible choice and can affect Mercedes-Benz C350 insurance costs for each age group. The price estimates are based on a married female driver, full coverage, and no discounts are factored in.
Cautious New Orleans drivers save money
The example below highlights how traffic violations and fender-benders drive up Mercedes-Benz C350 insurance prices for each age group. The premium estimates are based on a married female driver, full physical damage coverage, $500 deductibles, and no discounts are applied to the premium.
Full coverage versus liability-only
The example below shows the comparison of Mercedes-Benz C350 insurance costs when comparing full coverage to liability only. The rate quotes are based on no tickets, no at-fault accidents, $1,000 deductibles, drivers are not married, and no discounts are factored in.
When to drop comprehensive and collision
There is no definitive formula of when to eliminate full coverage, but there is a general school of thought. If the annual cost of coverage is more than about 10% of the vehicle’s replacement cost less your deductible, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Mercedes-Benz C350 claim settlement value is $3,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $2,000 after paying your policy deductible. If premiums are more than $200 annually for full coverage, then it might be time to buy liability only.
There are some circumstances where eliminating full coverage is not a good idea. If you still owe money on your vehicle, you must maintain physical damage coverage to protect the lienholder’s interest in the vehicle. Also, if your savings is not enough to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.
Affordable New Orleans insurance rates with discounts
Insurance is easily one of your largest bills, but discounts can save money and there are some available that could help you make your next renewal payment. A few discounts will be applied when you purchase, but once in a while a discount must be manually applied before you will receive the discount.
- Driver Safety – Taking a defensive driving course could save 5% or more and easily recoup the cost of the course.
- Discount for Home Ownership – Just being a homeowner can save you money because maintaining a house means you have a higher level of financial diligence.
- Membership in Organizations – Participating in qualifying clubs or civic groups could earn you a nice discount on your next renewal.
- Save over 55 – Drivers over the age of 55 can get a small discount on rates.
- One Accident Forgiven – This one isn’t a discount, but a few companies such as Progressive, Allstate, and Liberty Mutual will allow you to have one accident before your rates go up so long as you haven’t had any claims prior to the accident.
- Distant Student – Any of your kids who attend college more than 100 miles from New Orleans and don’t have a car can be insured at a reduced rate.
As is typical with insurance, most of the big mark downs will not be given to your bottom line cost. Most only reduce the cost of specific coverages such as comp or med pay. So even though they make it sound like it’s possible to get free car insurance, companies don’t profit that way. Any qualifying discounts will definitely lower the cost of coverage.
The information below shows the difference between Mercedes-Benz C350 auto insurance rates with and without policy discounts. The premiums are based on a female driver, a clean driving record, no at-fault accidents, Louisiana 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 multi-policy, marriage, safe-driver, multi-car, claim-free, and homeowner discounts applied.
To see a list of insurance companies that offer multiple discounts in Louisiana, follow this link.
Protect more than your Mercedes-Benz C350
Even though New Orleans C350 insurance rates can get expensive, insurance is a good idea for several reasons.
- The majority of states have compulsory liability insurance requirements which means the state requires a specific level of liability if you want to drive legally. In Louisiana these limits are 15/30/25 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you took out a loan on your Mercedes-Benz C350, most lenders will make it a condition of the loan that you buy insurance to guarantee loan repayment. If you do not keep the policy in force, the bank may buy a policy for your Mercedes-Benz at a significantly higher premium and force you to pay for the much more expensive policy.
- Insurance protects not only your car but also your financial assets. It also can pay for most medical and hospital costs for both you and anyone you injure as the result of an accident. Liability insurance also pays expenses related to your legal defense in the event you are sued. If your Mercedes-Benz gets damaged, comprehensive (other-than-collision) and collision coverage will pay to repair the damage.
The benefits of having insurance definitely exceed the cost, especially if you ever need it. According to a recent study, the average American driver is overpaying over $810 a year so compare rates at every policy renewal to be sure current rates are still competitive.
Neighborhood insurance agents
Many drivers just want to talk to an insurance agent and doing so can bring peace of mind Licensed agents are trained to spot inefficiencies and help in the event of a claim. A nice benefit of getting online price quotes is the fact that drivers can get better rates but also keep your business local.
To find an agent, once you fill out this simple form, your coverage information is transmitted to local insurance agents who will give you quotes for your insurance coverage. It makes it easy because there is no need to search for an agent due to the fact that quote results will go to your email. If you have a need to compare prices for a specific company, you just need to visit that company’s website and give them your coverage information.
Choosing an insurance company should depend on more than just a low price. Any agent in New Orleans should be willing to answer these questions.
- Are they giving you every discount you deserve?
- How long have they worked with personal auto insurance coverage?
- Can they help ensure a fair claim settlement?
- Does their agency support local causes in New Orleans?
- Which insurance company do they prefer to write with?
When narrowing the list to find a good insurance agency, it’s important to understand the different agency structures and how they work. Agencies in New Orleans can be classified as either independent or exclusive depending on the company they work for. Both sell affordable auto insurance policies, but it’s a good idea to understand why they differ because it can impact the kind of agent you use.
Agents that choose to be exclusive can only place business with one company such as State Farm or Allstate. These agents are not able to give you multiple price quotes so if the price isn’t competitive there isn’t much they can do. Exclusive agents are usually quite knowledgeable on what they offer which helps overcome the inability to quote other rates.
Shown below is a list of exclusive insurance agents in New Orleans willing to provide price quotes.
Agents in the independent channel do not work for one specific company so they can insure your vehicles through many companies and get you the best rates possible. To move your coverage to a new company, your agent can switch companies and you don’t have to do anything. If you are trying to find cheaper rates, we recommend you include at a minimum one independent agency so that you can do a thorough price comparison.
Listed below are New Orleans independent insurance agencies willing to provide price quotes.