Save Money on Mercedes-Benz C350 Insurance in Bakersfield

Insurance rates Mercedes-Benz C350 in BakersfieldIt goes without saying that auto insurance companies want to keep your business as long as possible. Insureds who get comparison quotes once a year are inclined to buy a new policy because there is a good chance of finding a lower-priced company. A recent survey revealed that drivers who compared rates annually saved on average $865 annually compared to other drivers who never shopped around for better prices.

If finding the lowest price on Mercedes-Benz C350 insurance in Bakersfield is the reason you’re here, then having a good understanding how to get rate quotes and compare car insurance can save time, money, and frustration.

The best way we recommend to get more affordable Mercedes-Benz C350 insurance is to begin comparing prices regularly from providers who sell insurance in Bakersfield.

  1. Spend a few minutes and learn about policy coverages and the things you can change to prevent expensive coverage. Many factors that increase rates like traffic tickets, fender benders, and a negative credit rating can be amended by making minor changes in your lifestyle. Keep reading for more ideas to get cheaper rates and find overlooked discounts.
  2. Obtain price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can provide rates from a single company like Progressive and State Farm, while independent agencies can give you price quotes for a wide range of insurance providers.
  3. Compare the quotes to your existing policy to see if switching to a new carrier will save money. If you can save some money and change companies, make sure there is no lapse in coverage.
  4. Provide notification to your current agent or company of your decision to cancel your existing policy. Submit any necessary down payment along with the completed application to the new company. Once the application is submitted, put the certificate verifying coverage somewhere easily accessible.

The key thing to remember is to make sure you’re comparing the same deductibles and limits on every quote and and to get rate quotes from every insurance company. Doing this ensures a fair price comparison and the best price selection.

The easiest way to get policy rate comparisons for Mercedes-Benz C350 insurance in Bakersfield is to know car insurance companies provide online access to provide you with free rate quotes. To start a quote, the only thing you need to do is provide the companies a bit of rating information including how old drivers are, if a SR-22 is required, if the car is leased, and your education level. Your insurance information is automatically sent to all major companies and they provide comparison quotes instantly.

To check rates for your Mercedes-Benz C350 now, click here and see if a lower rate is available in Bakersfield.

The providers in the list below are our best choices to provide free rate quotes in Bakersfield, CA. If multiple providers are shown, we suggest you click on several of them to get a more complete price comparison.

Insurance coverage analysis

The price information shown below showcases different insurance prices for Mercedes-Benz C350 models. Learning how insurance policy premiums are determined is important for making decisions on which coverage to buy.

Mercedes-Benz C350 Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
C350 W 4-Dr Sedan $478 $932 $442 $26 $132 $2,010 $168
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Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include safe-driver, claim-free, homeowner, multi-vehicle, and multi-policy. Prices do not factor in your specific Bakersfield location which can affect prices noticeably.

Physical damage deductible comparison

The hardest decision when buying coverage is how high should your deductibles be. The figures shown below can help show how much more you’ll pay of buying low and high deductibles. The first rate table uses a $250 deductible for physical damage and the second data table uses a $1,000 deductible.

Mercedes-Benz C350 insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
C350 W 4-Dr Sedan $430 $780 $442 $26 $132 $1,835 $153
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Mercedes-Benz C350 insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
C350 W 4-Dr Sedan $266 $490 $442 $26 $132 $1,356 $113
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Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Table data does not factor in specific Bakersfield garaging location which can alter price quotes considerably.

Using the data above, we can ascertain that using a $250 deductible costs an average of $40 more each month or $480 a year than choosing the higher $1,000 deductible. Because you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you have at least 19 months between claim filings, you would come out ahead if you decide on a higher deductible. The table below shows the way this decision is made.

Average monthly premium for $250 deductibles: $153
Average monthly premium for $1,000 deductibles (subtract): – $113
Monthly savings from raising deductible: $40
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $40
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

The example below demonstrates how deductible levels and can increase or decrease Mercedes-Benz C350 insurance rates for each different age group. The rate quotes are based on a single female driver, full physical damage coverage, and no discounts are applied.

Impact of citations and accidents on insurance rates

The example below illustrates how traffic citations and at-fault fender-benders raise Mercedes-Benz C350 auto insurance costs for each age group. The data is based on a married male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied to the premium.

Mercedes-Benz C350 insurance costs by gender and age in Bakersfield

The diagram below compares Mercedes-Benz C350 insurance costs for male and female drivers. The costs are based on no accidents or driving violations, full physical damage coverage, $250 deductibles, single status, and no additional discounts are factored in.

Full coverage rates vs. liability-only in Bakersfield

The example below illustrates the comparison of Mercedes-Benz C350 car insurance costs with liability coverage only compared to full coverage. The premiums are based on no claims or driving violations, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

When to stop buying full coverage

There is no definitive rule to stop paying for physical damage insurance, but there is a general school of thought. If the annual cost of comprehensive and collision coverage is more than 10% of any settlement you would receive from your insurance company, then it might be time to buy liability only.

For example, let’s pretend your Mercedes-Benz C350 book value is $3,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company will settle for is $2,000 after paying your policy deductible. If it’s costing you more than $200 annually to have full coverage, then it might be time to consider dropping full coverage.

There are a few situations where dropping physical damage coverage is not in your best interest. If you haven’t paid off your loan, you are required to maintain full coverage in order to prevent your loan from defaulting. Also, if you cannot afford to purchase a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

Why you need to buy auto insurance

Despite the high cost of buying insurance for a Mercedes-Benz C350 in Bakersfield, maintaining insurance may not be optional for several reasons.

The benefits of insuring your car more than offset the price you pay, especially for larger claims. But the average driver in California is overpaying more than $820 a year so it’s very important to do a rate comparison once a year at a minimum to ensure rates are competitive.

Auto insurance coverage considerations

Learning about specific coverages of auto insurance can be of help when determining the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for immediate expenses for things like X-ray expenses, pain medications, nursing services and rehabilitation expenses. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Collision coverage – This will pay to fix damage to your C350 resulting from a collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, driving through your garage door, crashing into a ditch, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible on your C350 to get cheaper collision coverage.

Liability insurance – This coverage provides protection from damage that occurs to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 15/30/5 which stand for a $15,000 limit per person for injuries, a per accident bodily injury limit of $30,000, and property damage coverage for $5,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims like structural damage, medical expenses, emergency aid, repair costs for stationary objects and loss of income. How much liability should you purchase? That is your choice, but consider buying as high a limit as you can afford. California state law requires minimum liability limits of 15/30/5 but you should consider buying more coverage.

The next chart shows why the minimum limit may not be high enough to cover claims.

Comprehensive insurance – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as theft, hitting a bird and damage from getting keyed. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries to you and your family as well as your vehicle’s damage.

Since many California drivers only purchase the least amount of liability that is required (15/30/5), their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally these limits are identical to your policy’s liability coverage.