Insurance
Senior Member
Joined: Jan 2011
Posts: 283
Likes: 0
From: Metro ATL
2001 E55 AMG (sold)
Full coverage is a general term. I assume you mean having collision and comprehensive (glass/theft) coverage in addition to the state required liability coverage.
I would assume that MOST of us keep full coverage on our cars. I wouldn't drive any car with only liability unless it was worth less than $3k. For me, the added costs of collision and comprehensive are not that significant (less than 40% of total insurance cost), so that would mean I'm paying ~$450 a year for the collision/comprehensive portion of my insurance on the E55. Of course, I am a mature driver with no accidents or points on my license.
I would assume that MOST of us keep full coverage on our cars. I wouldn't drive any car with only liability unless it was worth less than $3k. For me, the added costs of collision and comprehensive are not that significant (less than 40% of total insurance cost), so that would mean I'm paying ~$450 a year for the collision/comprehensive portion of my insurance on the E55. Of course, I am a mature driver with no accidents or points on my license.
MBWorld Fanatic!
Joined: Aug 2007
Posts: 1,197
Likes: 5
From: Miami, FL
06 CLS55 Renntech stage 5, 04 CL600 ( will miss ),02e55 , 11 R350
Yes I do , then again as Bill above,I am a mature driver with no points or accidents in my history .. my policy on the E55 is part of multiple cars / and house insurance bundle so I get a good deal for multiple policies from State farm so there will be no reason for me not to have a full coverage and more on my E55 . i realize that maybe thats different for some younger people .
MBWorld Fanatic!
Joined: Dec 2008
Posts: 4,411
Likes: 69
From: Socal, Chino
E55 2006 / CLS55 / S450 / Jag XKR2011
I use Liberty Mutual since I came to the USA. For 3 of my cars i pay $1800 per year. I am 35 and never got a ticket. (I got special deal because of my houses bundle)
MBWorld Fanatic!
Joined: Jan 2010
Posts: 3,249
Likes: 257
From: Richmond, CA
2001 E320 Wagon, 2006 LBZ Silverado, 2007 E63 (sold), 2001 E55 (sold)
I've got "full coverage" on mine. I think it's around $1,400 a year through Mercury for my E55. I have 2 cars on the policy and can't remember how much the E55 is exactly.
