Mercedes-Benz E300 Auto Insurance (2024)
Average Mercedes-Benz E300 auto insurance rates cost $1,612 a year, or around $134 a month. You can find cheap Mercedes-Benz E300 insurance rates if you are a good driver—Senior drivers with good driving records may find rates as low as $947 a year.
Free Car Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Joel Ohman
Certified Financial Planner
Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Joe...
Certified Financial Planner
UPDATED: Feb 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Feb 12, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Key takeaways:
- Full coverage costs around $1,612 a year or $134 each month
- A liability-only policy costs around $646 a year or $54 each month
- Highest rates are for teenage drivers at around $5,892 a year or $491 each month
- Good drivers can save as much as $665 a year by earning policy discounts
- Mercedes-Benz E300 insurance costs around $93 more per year than the average vehicle
The average Mercedes-Benz E300 insurance rate is $1,612 per year or $134 per month. For teenage drivers, however, Mercedes-Benz E300 insurance rates are about $5,900 per year or $492 per month. Read through this guide to learn how you can save more on auto insurance rates.
You can start comparing quotes for Mercedes-Benz E300 auto insurance rates from some of the best auto insurance companies by using our free online tool now.
Mercedes-Benz E300 Insurance Cost
The average Mercedes-Benz E300 auto insurance costs are $1,612 a year or $134 a month.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Are Mercedes-Benz E300s Expensive to Insure?
The chart below details how Mercedes-Benz E300 insurance rates compare to other luxury cars like the Lexus GS 300, Audi A8, and Jaguar XE.
Vehicle | Comprehensive | Collision | Liability | Total |
Mercedes-Benz E300 | $394 | $744 | $338 | $1,612 |
Lexus GS 300 | $344 | $656 | $338 | $1,474 |
Audi A8 | $464 | $900 | $390 | $1,912 |
Jaguar XE | $382 | $774 | $398 | $1,712 |
Volvo S90 | $356 | $714 | $398 | $1,626 |
Lexus IS 300 | $356 | $686 | $398 | $1,598 |
Audi S7 | $532 | $1250 | $398 | $2,338 |
However, there are a few things you can do to find the cheapest Mercedes-Benz insurance rates online.
What Impacts the Cost of Mercedes-Benz E300 Insurance?
You might have noticed that there is a multitude of factors that impact Mercedes-Benz E300 auto insurance rates. Your age, location, driving record, and model year all play a role in what you will ultimately pay to insure the Mercedes-Benz E300.
Age of the Vehicle
The average Mercedes-Benz E300 auto insurance rates are higher for newer models. For example, auto insurance for a 2018 Mercedes-Benz E300 costs $1,612, while 2010 Mercedes-Benz E300 insurance costs are $1,262, a difference of $350.
Model Year | Comprehensive | Collision | Liability | Total |
2018 Mercedes-Benz E300 | $394 | $744 | $338 | $1,612 |
2017 Mercedes-Benz E300 | $382 | $726 | $354 | $1,598 |
2016 Mercedes-Benz E300 | $368 | $696 | $364 | $1,564 |
2015 Mercedes-Benz E300 | $348 | $672 | $376 | $1,532 |
2014 Mercedes-Benz E300 | $334 | $624 | $384 | $1,478 |
2013 Mercedes-Benz E300 | $320 | $588 | $388 | $1,432 |
2012 Mercedes-Benz E300 | $308 | $526 | $390 | $1,360 |
2011 Mercedes-Benz E300 | $288 | $484 | $390 | $1,298 |
2010 Mercedes-Benz E300 | $278 | $454 | $394 | $1,262 |
Driver Age
Driver age can have a significant effect on the cost of Mercedes-Benz E300 auto insurance. For example, a 20-year-old driver could pay around $164 more each month for their Mercedes-Benz E300 auto insurance than a 30-year-old driver.
Driver Location
Where you live can have a large impact on Mercedes-Benz E300 insurance rates. For example, drivers in New York may pay $419 a year more than drivers in Chicago.
Your Driving Record
Your driving record can have an impact on your Mercedes-Benz E300 auto insurance rates. Teens and drivers in their 20’s see the highest jump in their Mercedes-Benz E300 auto insurance with violations on their driving record.
Mercedes-Benz E300 Safety Ratings
Your Mercedes-Benz E300 auto insurance rates are tied to the safety ratings of the Mercedes-Benz E300. See the breakdown below:
Test Type | Rating |
Small overlap front: driver-side | G |
---|---|
Small overlap front: passenger-side | G |
Moderate overlap front | G |
Side | G |
Roof strength | G |
Head restraints and seats | G |
Source: Insurance Institute for Highway Safety |
Mercedes-Benz E300 Crash Test Ratings
Mercedes-Benz E300 crash test ratings can impact the cost of your Mercedes-Benz E300 auto insurance. See Mercedes-Benz E300 crash test results below:
Vehicle Tested | Overall | Frontal | Side | Rollover |
Mercedes-Benz E300 | 5 stars | 5 stars | 5 stars | 5 stars |
1-5 Star Rating Scale, N/R = No Rating | Source: National Highway Traffic Safety Administration |
---|
Mercedes-Benz E300 Safety Features
Good Mercedes-Benz E300 safety features can result in insurers giving you auto insurance discounts. The safety features for the 2020 Mercedes-Benz E300 are:
- Rain-sensing windshield wipers
- Brake assist
- Rearview camera
- Driver attention monitor
- Crosswind assist
- Emergency brake assist
- Mercedes Pre-Safe
- Pre-collision passenger protection system
Mercedes-Benz E300 Finance and Insurance Cost
If you are financing a Mercedes-Benz E300, you will pay more if you purchase Mercedes-Benz E300 auto insurance at the dealership, so be sure to shop around and compare Mercedes-Benz E300 auto insurance quotes from the best companies using our FREE tool below.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
5 Ways to Save on Mercedes-Benz E300 Insurance
There are many ways that you can save on Mercedes-Benz E300 auto insurance. Below are five actions you can take to find cheap Mercedes-Benz E300 auto insurance rates.
- Remove Young Drivers from Your Mercedes-Benz E300 Auto Insurance Plan
- Use an Accurate Job Title When Requesting Mercedes-Benz E300 Auto Insurance
- Choose Automatic Payments or EFT for Your Mercedes-Benz E300 Auto Insurance Policy
- Don’t Skimp On Mercedes-Benz E300 Liability Coverage
- Reduce Your Coverage on an Older Mercedes-Benz E300
Top Mercedes-Benz E300 Insurance Companies
Who is the top auto insurance company for Mercedes-Benz E300 insurance rates? While the actual rates you pay will depend on many factors, here are some of the top companies offering Mercedes-Benz E300 auto insurance coverage (ordered by market share). Many of these companies offer discounts for security systems and other safety features that the Mercedes-Benz E300 offers.
Rank | Company | Volume | Market Share |
1 | State Farm | $65,615,190 | 9.3% |
2 | Geico | $46,106,971 | 6.6% |
3 | Progressive | $39,222,879 | 5.6% |
4 | Liberty Mutual | $35,600,051 | 5.1% |
5 | Allstate | $35,025,903 | 5.0% |
6 | Travelers | $28,016,966 | 4.0% |
7 | USAA | $23,483,080 | 3.3% |
8 | Chubb | $23,388,385 | 3.3% |
9 | Farmers | $20,643,559 | 2.9% |
10 | Nationwide | $18,442,145 | 2.6% |
Source: Insurance Information Institute |
Compare Free Mercedes-Benz E300 Insurance Quotes Online
You can start comparing quotes for Mercedes-Benz E300 auto insurance rates from some of the best auto insurance companies by using our free online tool now.
Frequently Asked Questions
What is the Mercedes-Benz E300?
The Mercedes-Benz E300 is a luxury sedan produced by Mercedes-Benz. It is known for its stylish design, advanced technology features, and a balance of performance and comfort.
How much does insurance cost for a Mercedes-Benz E300?
The cost of insurance for a Mercedes-Benz E300 can vary depending on several factors, including your location, driving history, coverage options, and the insurance provider. Luxury vehicles like the E300 generally have higher insurance rates due to their higher value and potential repair costs. It’s recommended to obtain quotes from multiple insurance companies to compare rates and find the most competitive coverage.
What types of insurance coverage do I need for a Mercedes-Benz E300?
The insurance coverage you need for a Mercedes-Benz E300 is similar to other vehicles. It typically includes:
- Liability coverage: Required by law in most states and covers damages you cause to others in an accident.
- Collision coverage: Pays for repairs or replacement if your E300 is damaged in a collision with another vehicle or object.
- Comprehensive coverage: Protects your vehicle against non-collision incidents, such as theft, vandalism, or damage from natural disasters.
- Uninsured/underinsured motorist coverage: Covers you if you are involved in an accident with a driver who has insufficient or no insurance.
Are there any discounts available for Mercedes-Benz E300 auto insurance?
Yes, there may be discounts available for Mercedes-Benz E300 auto insurance. Common discounts include multi-vehicle discounts, good driver discounts, safety feature discounts, and loyalty discounts. It’s recommended to inquire about available discounts when obtaining quotes from insurance providers to potentially reduce your premium.
Should I choose an authorized Mercedes-Benz repair facility for my E300?
Depending on your insurance policy, you may have the option to choose an authorized Mercedes-Benz repair facility for your E300. Authorized repair facilities are trained to work on Mercedes-Benz vehicles and may have access to genuine parts. However, it’s important to review your policy or contact your insurance provider to understand the specific guidelines and coverage for repairs.
What steps should I take if my Mercedes-Benz E300 is stolen or totaled?
If your Mercedes-Benz E300 is stolen or deemed a total loss in an accident, you should take the following steps:
- Contact the police: Report the theft or accident to the police and obtain a police report or incident report.
- Notify your insurance provider: Contact your insurance company as soon as possible to report the incident and initiate a claim. They will guide you through the claims process and may require documentation such as the police report, vehicle information, and photographs.
- Provide necessary documentation: Cooperate with your insurance company by providing any requested documentation or information to support your claim.
- Assess the settlement: Your insurance company will assess the situation, including the value of your E300, and work with you to determine the appropriate settlement based on the coverage and terms of your policy.
Free Auto Insurance Comparison
Enter your ZIP code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Joel Ohman
Certified Financial Planner
Joel Ohman is the CEO of a private equity backed digital media company. He is a CERTIFIED FINANCIAL PLANNER™, author, angel investor, and serial entrepreneur who loves creating new things, whether books or businesses. He has also previously served as the founder and resident CFP® of a national insurance agency, Real Time Health Quotes. He has an MBA from the University of South Florida. Joe...
Certified Financial Planner
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.