1999 Mercedes-Benz E55 AMG Insurance Cost – 6 Tips to Save

Did you fall for a flashy sales pitch and buy an overpriced insurance policy? Trust us, you’re not alone. Consumers have many auto insurance companies to pick from, and though it is a good thing to have a selection, too many choices makes it more difficult to find a good deal.

You should make it a habit to shop coverage around on a regular basis because insurance rates change regularly. Even if you think you had the best price for E55 AMG coverage a year ago a different company probably has better rates today. So forget anything you know (or think you know) about insurance because I’m going to teach you the proper way to reduce your cost while increasing coverage.

Free Auto Insurance Quotes

All the larger auto insurance companies such as Allstate, Geico and Progressive provide prices directly from their websites. This process doesn’t take much effort as you just enter your personal and coverage information as detailed in the form. When the form is submitted, the system pulls information on your driving record and credit history and quotes a price based on these factors. This helps simplify price comparisons, but the work required to visit each company’s website and repetitively enter the same data into a form gets old quite quickly. Unfortunately, it is important to do this if you are searching for the lowest auto insurance rates.

A more efficient way to compare rates uses one simple form that analyzes rates from a lot of companies. This type of form saves time, requires less work, and makes comparison shopping much more enjoyable. Once the form is submitted, your coverage is rated with multiple companies and you can pick your choice of the resulting price quotes.

If a lower price is quoted, you can click and sign and buy the policy. It only takes a few minutes and you will know how your current rates stack up.

To quickly fill out one form to compare multiple rates now, simply click here to open in new window and complete the simple form. If you have coverage now, it’s recommended you copy deductibles and limits just like they are on your policy. This ensures you will have a rate comparison for exact coverage.

How to reduce Mercedes-Benz E55 AMG insurance rates

Insurance can be prohibitively expensive, but you can get discounts to help bring down the price. A few discounts will automatically apply at quote time, but a few must be inquired about before being credited. If they aren’t giving you every credit available, you are paying more than you should be.

  • Air Bag Discount – Factory air bags or automatic seat belts may earn rate discounts up to 30%.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates for E55 AMG coverage than their less cautious counterparts.
  • Anti-theft Discount – Vehicles with anti-theft systems can help prevent theft and will save you 10% or more.
  • Life Insurance Discount – Select insurance companies reward you with a break if you buy a life insurance policy as well.
  • College Student – Kids in college who are attending college and do not have access to a covered vehicle may qualify for this discount.
  • Bundle and Save – If you have multiple policies with the same insurance company you may save up to 20% off your total premium.

A little note about advertised discounts, most discount credits are not given to all coverage premiums. Most only reduce the price of certain insurance coverages like comp or med pay. So when it seems like all those discounts means the company will pay you, auto insurance companies aren’t that generous. Any qualifying discounts will help reduce your overall premium however.

A partial list of companies that may have these benefits may include but are not limited to:

Before buying, ask every prospective company which discounts they offer. Some discounts might not be offered in your state.

Tailor your coverage to you

When choosing the best car insurance coverage, there isn’t really a perfect coverage plan. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help highlight if your insurance needs would benefit from professional advice.

  • Who is covered when they drive my 1999 Mercedes-Benz E55 AMG?
  • What discounts do I qualify for?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my teen driver covered when they drive my company car?
  • Do I have newly-aquired coverage?
  • Does coverage extend to Mexico or Canada?
  • How much can I save by bundling my policies?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered when pulling a rental trailer?

If you can’t answer these questions then you might want to talk to a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and can help protect your family.

Car insurance coverage options for a 1999 Mercedes-Benz E55 AMG

Understanding the coverages of your car insurance policy can be of help when determining which coverages you need for your vehicles. The coverage terms in a policy can be ambiguous and nobody wants to actually read their policy. Listed below are the normal coverages found on the average car insurance policy.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for expenses for rehabilitation expenses, surgery, ambulance fees and prosthetic devices. They can be utilized in addition to your health insurance policy or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and may carry a deductible

Comprehensive insurance

This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as a tree branch falling on your vehicle, damage from flooding, damage from a tornado or hurricane, damage from getting keyed and fire damage. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Auto liability

Liability coverage will cover damages or injuries you inflict on other people or property that is your fault. This coverage protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see policy limits of 50/100/50 which means a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as pain and suffering, emergency aid, legal defense fees, loss of income and medical services. How much liability should you purchase? That is a personal decision, but consider buying higher limits if possible.

Coverage for collisions

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as crashing into a ditch, damaging your car on a curb and rolling your car. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also bump up the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz E55 AMG.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Usually these limits are similar to your liability insurance amounts.