Auto Insurance for a 2014 Mercedes-Benz E-Class
The cost of insuring a 2014 Mercedes-Benz E-Class depends on various factors such as your location, driving history, coverage type, and the specific trim of the E-Class. Below is a breakdown of what you should consider when insuring this luxury vehicle:
Average Insurance Cost
The average annual insurance premium for a 2014 Mercedes-Benz E-Class typically ranges between $1,500 and $2,800, depending on:
- Trim level (e.g., E250 BlueTEC, E350, E550, E63 AMG)
- Your personal driving record
- Coverage limits and deductibles
Why is Insurance Higher for the E-Class?
- Luxury Status: The E-Class is a premium vehicle, meaning higher repair and replacement costs for its parts.
- Performance Features: Trims like the E550 and E63 AMG have powerful engines, which increase insurance rates due to higher accident risks.
- Safety Features: Advanced safety features may reduce costs slightly, but their complexity makes repairs more expensive.
- Age of the Car: Being a 2014 model, it’s more affordable to insure than a brand-new vehicle, but rates remain higher than economy cars.
 ( 37 year old male , Single , Denver ) |
|---|
| Year/Make Model: 2014 Mercedes Benz E |
| Ownership Status: 2+ years |
| Discounts: EFT and Paperless |
| Selected Coverages With Suncoast |
|---|
| Bodily Injury Liability: $25,000 per person/ $50,000 per accident |
| Property Damage Liability: $25,000 per accident |
| Uninsured Motorist Bodily Injury: Rejected Comprehensive: N/A Collision: N/A |
| Other Rejected Coverages: Medical Payments and Uninsured Motorist Property Damage. |
One of our Denver clients was in need of the cheapest liability insurance rate he could find! He had been shopping around for quotes but didn’t find any that suited his needs. As we looked around we found that Suncoast came in at the cheapest with a monthly rate of $83.53! He was able to obtain this rate with a clean driving record and with discounts such as EFT and Paperless.
Total 6 Month Premium: $380.50
Factors Affecting Rates
- Driving Record: Accidents or tickets increase premiums.
- Age and Gender: Younger drivers or males often face higher rates.
- Location: Urban areas like Pueblo, Colorado, may have higher rates due to traffic and theft risks.
- Annual Mileage: Lower mileage can lead to discounts.
- Credit Score: Many insurers factor this into premiums.
- Vehicle Trim:
- E250 BlueTEC: Lower rates due to the smaller diesel engine.
- E63 AMG: Higher premiums due to performance-focused engineering.
Top Insurance Companies for the E-Class
Here’s a comparison of providers known for insuring luxury vehicles:
| Provider | Average Annual Premium | Key Benefits |
|---|---|---|
| State Farm | $1,800 | Multi-policy discounts, strong customer service |
| GEICO | $1,700 | Competitive rates, easy-to-use digital tools |
| Progressive | $1,900 | Usage-based discounts through the Snapshot program |
| USAA | $1,500 | Low rates for military families |
| Allstate | $2,200 | Accident forgiveness, high-end policy customization |
| Chubb | $2,600 | Tailored policies for luxury vehicles |
Monthly Installments: $83.53