htn75

A bit surprise on my rate with progressive ins.
current vehicles 05 nsx,10 mdx,93 Ztt all with less than $400 per 6months.
The new e is $812. Something must be incorrect or am I missing something here.
Or is it because of the word Benz??

Tjdehya

I traded up from a 06 Dodge Charger to 09 E550 and my insurance went up $20/6mo. Trading to a 2011 E550 and my INS will go up $6. It all comes down to Age, Marital status, and driving history, I don’t think they charge more just because it a BenZ.

htn75

good to know that your rate did not adjust much at all. I was just being sarcastic about the "benz". I am very aware of all variables that make up the end product. Just wondering if there is something that I am not aware of the e550. An increase of say $100 sounds reasonable, but double just doesn't seem right. hmmm....

Dema

I pay about $800 for Benz and $900 for BMW, so Benz is expensive but still behind.

htn75

Thanks Dema.
Just wanted to see the average before i bark up the wrong tree.

pmb600

Are you guys saying you only pay $800-$900 a year for insurance? I'm jealous, insurance in NJ is extremely expensive.

jonathan20

My insurance went from $686/year for a Y2007 BMW 335xi to $743/year for a Y2010 E350 with 4-matic

Dema

If you pay cash for a car, then you can stay with liability and pay twice cheap, unfortunately most of us finance or lease.

htn75

Jonathan.
That's a great price for the year. My $800 is only for 6 months.

K-A

You guys suck. I had to pay like over $3K for my '06 last year, WITH an extra $1,500 for my Malibu on top of it. One stupid Speeding Ticket on my record, and an accident that wasn't my fault (not sure if this played a "secret" part in the rate).

This year, An '07 W221 S-Class was going to cost me about $3,500 on its own, an '06 CLS55 was gonna be about $2,600, and my '10 E350, which has a higher Blue Book than either of those, cost me about $1500 or less. I paid $1,500 for the Malibu, then the E cost about an extra $1,100, with Two-Car-Discount.

I'm getting there, but still way behind what you guys are paying. I'm un-Married and under 30 as well.

Dema

It looks like you are under 25. I was quoted similar rate for my kid who is 21 old.

newyorker

I had Statefarm and I had a problem with windshield replacement. When I asked them if I can change the windshield in Mercedes Dealer, Statefarm asked me to use one of their glass shops and they were not going to pay me the cost of Mercedes Dealer. The only difference was the labor, since it was 2009 s-class, there is no aftermarket windshield for s-class. So after the incident, I moved to Allstate. Then I moved to NYC so the rate increased like gas price at that time. Then when I got a quote from Geico, the quote was half the allstate charge. Of course, Allstate had 3 time accident waiver, and all other premium service which I never happended to use it. Anyway,
I pay $550/6month for 2010 E350 4matic. I just added 2011 Porsche 911 Carrera for another $540. I am 29 married and live in NYC.
Because we put less than 4500 miles per year per each car our rate was not as high as expected but we still live in NYC.

My advice, try shop for a insurance. Each insurance company has different rates to different areas. For example, the rate was similar in Long Island with Allstate and Geico but Allstate is much higher in NYC.

K-A

28 and 1 moving violation.

Why am I getting so hosed? My Agent searches through everyone too, for example, AllState was like double what I pay now.

petee1997

I pay 1300.00 per annum, 2 moving violations, no accidents. My deductible on the two MB's is 2500.00 and 6,000.00 on the 997. High deductibles helps lower the premiums.
Ontario has no fault insurance. This means your insurance co. always pays for the damage to your car but the deductible is waived if you are not at fault. It illiminates most litigation and keeps the premiums in check.

hanjaya1

I live in MI, USA. My rate is $700.00 per 6/months. My insurance company is AAA. My driving record is clean by my wife had accident last year and speeding ticket this year..arrrggh!
This including: "not at fault policy", $400 deductible for collision and $100 deductible for collision, 100K/ 300K not insured/not insured, medical, property damaged, rental 30 days at $20 a day.

El Cid

There are a lot of variables.
I am with USAA and when I went from a 2007 Hyundai Azera to a 2010 MB E350 sedan, insurance only went up $50 per year.
When I went from an '87 Mazda Rx-7 convertible to a new '96 Ford Taurus, insurance actually went down a lot.
To some extent the Benz safety features may even help. Also read somewhere that new cars are sometimes lower as they are less likely to be involved in accidents and repair costs may be cheaper.
Might want to check your under and uninsured motorist coverage if your state has low mandatory requirements. Insurance will pay only up to that limit if hit by under or uninsured motorist. You pay the difference.
Regardless, enjoy the ride.

sosh

That would be a dumb thing to do considering the cost of the car and the cost of repairs,

htn75

Update: I smelled something fishy from my progressive ins. co when they updated my new E550 pricing. Just got with Allstate today and price is $288 per 6 months. Almost got taken. So there is hope out there guys.

sosh

You never know how good an insurance company is until you have a claim. Its been my experience that most all of the highly advertised low cost companies do not provide claims service that is acceptable to me. They go for used parts, cut the shops rate and time so not a lot of time is spent doing a quality job. They also go for any aftermarket parts they can and the least amount of paint work they can. I for one would rather pay a bit more and have the peace of mind that allows them to repair my car in a manner that is acceptable to me. This is not an area to cheap out on. Would not have any parts of many of the companies mentioned in this thread.

El Cid

Agree with you-that's why I have been with USAA for over 40 years. Never had a problem, they never questioned an estimate I got and accepted independent body shops opinions on parts replacements. Cost has always been reasonble when considering rebates, discounts, etc., but most importantly-SERVICE.

htn75

What Ins. company do you have?

sosh

Actually I have 3 companies, Ohio Casualty, State Farm and Grundy. Grundy is for my 66 Vette which is really inexpensive but provides excellent coverage for classic cars. Also have a large umbrella policy with a 4th company. I intentionally split my car insurance so if there is an issue I can roll one over into the other company. My claims experience with both State Farm and Ohio Casualty has been excellent over the years.

htn75

Good to know. Wonder if they write in FL. I've heard of great things about Grundy.