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Simply input your ZIP code, and allow us to guide you towards the most beneficial car insurance in your vicinity. We are like detectives of insurance policies, committed to sniffing out the most affordable coverage for you. We diligently compare all available insurers, recommend the optimal deductibles, and tirelessly search for every possible discount. We're here to ensure you get the best deal on your auto insurance!

How to Get the Best Car Insurance Rates for a Senior Citizen Driving a Luxury Sedan in a High-Traffic City?

A realistic, professional photo of a 70-year-old Caucasian woman sitting in a modern insurance office, discussing car insurance rates with a diverse group of insurance agents. The setting is bright and positive, reflecting a constructive consultation environment. The senior woman appears engaged and confident, holding documents that likely contain details about her luxury car, a 2021 Mercedes-Benz E-Class E 350. The agents, a South Asian man and a Black woman, are showing her information on a digital tablet

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Information about Driver and Driving  
Current Rates: $2,500/year
Expected Rates: As low as possible
My ZIPcode: 90024 (Los Angeles, CA)
My Car Model and Trim: 2021 Mercedes-Benz E-Class E 350
Age and Gender of Driver: 70, Female
Driving Record (accidents or violations): One minor accident 2 years ago
Length of Driving Experience: 52 years
Insurance Coverage and Deductibles  
Type of Insurance Coverage: Full coverage with high liability limits
Coverage Amount (limits): $100,000 bodily injury per person / $300,000 per accident
Deductibles: $1,000

California  /  Los Angeles (90024)  /  Mercedes-Benz  /  E-Class

Additional Factors  
Discounts: Multiple policy, safe driving courses completed, willing to enroll in a driving monitoring program
Credit History: Good - 720 FICO score
Payment Frequency and Method: Prefer annual payment but flexible

What Are the Challenges for Senior Citizens Seeking Affordable Luxury Car Insurance?

As a senior citizen residing in the bustling area of Los Angeles (ZIP code 90024), I find myself in a complicated situation when it comes to my car insurance premiums. Currently, I am paying a hefty $2,500 per year for insuring my 2021 Mercedes-Benz E-Class E 350. Given my age of 70 years and the high-traffic location of my residence, I understand that insurers might be hesitant to offer competitive rates. Nevertheless, with my 52 years of driving experience and a relatively clean driving record save for a minor accident two years ago, I believe there is room for negotiation.

The car insurance market seems overwhelmingly complex, and I am seeking guidance to secure insurance that not only meets my needs but also doesn't break the bank. With my advanced age, it's crucial to have a comprehensive coverage plan with high liability limits due to the increased risk and potential cost of accidents. My current coverage limits stand at $100,000 bodily injury per person and $300,000 per accident, which I feel is necessary for my peace of mind. However, I am open to adjusting my $1,000 deductibles if it significantly impacts my rates.

I've taken a safe driving course, which I understand can provide a discount, and I'm also interested in additional savings for holding multiple policies with the same company. With a good credit score of 720, I would expect to be more appealing to insurers. While I prefer to make an annual payment for convenience, I can adapt if a different payment schedule results in better rates.

How Can I Leverage Discounts and Good Credit for Better Rates?

Discounts are a pivotal factor in reducing insurance costs, and I've always been proactive in trying to capitalize on them. I would like to know which safe driver discounts I am eligible for, especially those specifically beneficial for seniors. Given my willingness to participate in a driving monitoring program, which companies offer the best discounts for this?

Furthermore, I'm curious about how my good credit score can be used more effectively to negotiate lower premiums. Are there insurance companies that weigh credit scores more heavily than others, thus providing me with an edge in the market?

What's the Ideal Approach for a Senior Citizen with a Luxury Car in a High-Traffic Area?

Finally, I would like to understand the balance between high liability limits and reasonable premiums for someone in my demographic driving a luxury car. It's a balancing act between being over-insured and risking financial strain due to high premiums, versus being under-insured and facing potentially ruinous costs in the event of an accident.

In a nutshell, I am looking for guidance on how to find the most affordable car insurance rates for my specific situation as a senior citizen with a luxury car in Los Angeles. Here are my key points and questions:

  • What strategies can I use to lower my current annual rate of $2,500?
  • Which insurance companies offer the best rates for senior citizens in high-traffic urban areas?
  • How can my good credit score and willingness to enroll in monitoring programs reduce my premium?
  • Are there specific discounts that I should be asking for given my clean driving record and age?
  • Can a higher deductible significantly lower my rates, and is it advisable at my age and for my vehicle?
  • Is it more beneficial to maintain high coverage limits, or should I consider reducing them for a better rate?

Shortlist of Relevant Information:

  • I have had one minor accident in the last 3 years.
  • I have a high credit score (reduces insurance rates).
  • I will drive many miles, given the location and my lifestyle.
The 52-year-old insured in this example lives in Los Angeles and owns a Mercedes-Benz E-Class. His car insurance currently costs him $2,500 annually; however he hopes to reduce that amount by about $750 dollars and get it down to around $1,750 per year. The required savings on the annual insurance should thus reach approximately 30%. Let's see if it's real.

An actual case study:

To be specific, the average car insurance rates in Los Angeles (90024) are around $1,666 annually. The difference between the average rates in this area and what the mentioned client is paying is $-834. The insured did not provide detailed information regarding their credit history or driving history, making it much more difficult to determine exact insurance rates and recommended car insurance limits for the Los Angeles area.
Customer RatesYour Rates
Current auto insurance rates $2,500 Your Rates?
Expected auto insurance rates:$1,750 Your Rates?
Annual savings:$750 Your Savings?
In California, it is essential to be aware of the ideal amount for car insurance. The Minimum Bodily Injury Liability per person should be set at a minimum of $15,000, limits for Accident Property Damage liability are set at $30,000; however, if there are multiple people injured in an accident, the Minimum Bodily Injury Liability must reach up to $5,000 per incident. Complying with the legal insurance limits is necessary to keep your car insurance in Los Angeles valid.
Without adhering to these set restrictions, you may find yourself without a policy that would protect you against collisions or other accidents.
Minimum coverage limits are the legal requirements set by each state for how much insurance coverage you must purchase. These minimums may include Bodily Injury Liability, Property Damage Liability, Personal Injury Protection (PIP), and Uninsured/Underinsured Motorist Coverage.
Coverage TypeMinimum Coverage
Bodily injury liability

per person in Los Angeles (90024)

Bodily injury liability

per accident in Los Angeles (90024)

Property damage liability

per accident in Los Angeles (90024)

Below you can watch a video dedicated to either car insurance for the Mercedes-Benz E-Class in California, Los Angeles (90024) or a review of this vehicle.


Mercedes-Benz E-Class car insurance for 52 year old in Los Angeles (90024)

Los Angeles Car Insurance

Los Angeles is known for its heavy traffic, diverse population, and a relatively high number of traffic accidents, which all can influence car insurance rates. Particularly in ZIP code 90024, which covers parts of Westwood and the UCLA area, the bustling nature of the city due to the proximity to a major university and cultural attractions adds complexity to insurance pricing.

Relevant Local Statistics

  • Vehicle Thefts: LA has a higher than average theft rate, which may increase premiums for luxury cars.
  • Insurance Presence: Large national insurance providers dominate, but there are also niche insurers catering to high-value vehicles.
  • Ethnic Diversity: The area's demographic mix doesn't directly affect individual premiums but does influence market segmentation and risk assessment.

Unfortunately, I do not have access to the most current and specific statistics and locations such as local insurer branches or accident-prone intersections.

Key Factors Affecting Insurance Rates

Here are some crucial points that will be expanded upon in this analysis:

  • Senior Driving Patterns: Older drivers typically drive fewer miles but may face higher rates due to perceived risks.
  • Credit Score Influence: A credit score of 720 is favorable and should be leveraged when negotiating rates.
  • Vehicle Profile: The 2021 Mercedes-Benz E-Class is a luxury vehicle, which can be more expensive to insure.
  • Safety and Security: The high-traffic area requires comprehensive coverage, but safe parking locations can mitigate risk.

Insurance Company Representation

Large insurers such as State Farm, GEICO, and Allstate are predominant in this area. They may offer competitive rates for senior drivers, especially those with good driving records and multiple policy discounts. However, there may also be local agencies that specialize in insuring luxury vehicles or senior drivers that could offer an affordable policy.

Hazardous Traffic Areas

Due to the lack of specific current data, I can't provide a detailed list of dangerous intersections. However, it is known that areas around major freeways and busy streets near UCLA, such as Wilshire Boulevard and Sunset Boulevard, have higher traffic volumes, which may increase the risk of accidents.

Geopolitical and Demographic Considerations

The diversity and economic status in Los Angeles can influence car insurance rates. Insurers may adjust premiums based on comprehensive data analysis of regional risk factors, including crime rates and vehicle population.

Safe Parking Locations

Secure parking areas, especially those with surveillance or in low-crime neighborhoods, can help lower insurance risks. Areas within secured parking structures, especially in residential complexes or well-monitored commercial areas, are considered safer options.

Less Safe Areas for Parking

Places with higher rates of vandalism and theft are seen as higher risks by insurers. These typically include unguarded public parking areas and streets with a high incidence of car thefts and break-ins.

To get the best car insurance rates, you can consider the following strategies:

  • Leverage Credit Score: Emphasize your high credit score to negotiate lower premiums.
  • Driving Programs: Enroll in telematics programs to show your safe driving habits.
  • Deductible Adjustment: Consider whether increasing your optimal deductibles could lower your premiums without posing a significant financial risk in case of an accident.
  • Discounts: Always ask for discounts for which you are eligible, such as for driving less due to retirement or for any advanced safety features in your vehicle.
  • Coverage Review: Assess whether you can adjust your coverage amounts without significantly impacting your financial protection.
  • Comparison Shopping: Use tools to get the best quotes and see what different insurers can offer for your specific profile and needs.

Car Insurance Premiums by Company - Annual Rates

Which insurer offers the most advantageous annual car insurance in the area with the postal code 90024?

Are you looking for a great and cost-effective Mercedes-Benz, E-Class car insurance in 90024, California, Los Angeles (90024)? Below is a comprehensive list of highly rated auto insurers who offer the most affordable rates. On average, it can total up to around $1,666 per annum or only about $139 monthly in 2024. On average, auto insurance for a Mercedes-Benz, E-Class in Los Angeles (90024) will cost you Approx. $2,759 annually. Due to the fact that there is no offer from ERIE in this location, you can try other regional insurers, or take a look at offers from Allstate ($1,000 on average for an annual policy), GEICO ($1,250 yearly) and others (see table below). If you're a responsible driver over 25 years old, look for the "lowest rates" column instead of the "average rates", and reap the benefits of lower prices. The table below shows both the lowest possible prices in the area and the average annual Mercedes-Benz, E-Class insurance premium in Los Angeles .
These prices are determined by the typical auto insurance rates for a Mercedes-Benz, E-Class in Los Angeles (90024). However, other factors such as age, credit score rating, driving record or marital status have an influence on these costs too. Please note that we do not collaborate with any company and receive no commissions from them whatsoever.
Insurance CompanyLowest RatesMercedes-Benz, E-Class in Los Angeles (90024)
ERIE $550Not available in Los Angeles (90024)
Auto-Owners $510Not available in Los Angeles (90024)
Allstate $600$1,655 Get Quotes Agents Call
American Family $600Not available in Los Angeles (90024)
Farmers $700$1,931 Get Quotes Agents Call
GEICO $750$2,069 Get Quotes Agents Call
Liberty Mutual $800$2,207 Get Quotes Agents Call
Nationwide $850$2,345 Get Quotes Agents Call
Progressive $899$2,483 Get Quotes Agents Call
State Farm $950$2,621 Get Quotes Agents Call
Travelers $1,049$2,897 Get Quotes Agents Call
USAA $1,100$3,035 Get Quotes Agents Call

How deductibles affect your Mercedes-Benz, E-Class rates in Los Angeles (90024)?

The amount of your deductible can significantly affect the cost of your insurance premium.

If you own a Mercedes-Benz, E-Class increasing your car insurance deductible to $1000 could mean saving up to 22% on collision and comprehensive coverage! This would result in an annual premium of approximately $2,152 if you are a Los Angeles (90024) resident. Nonetheless, even if $100 is more suitable for your budget right now - choosing this deductible can still offer some savings off the policy's total cost each year (about 2%), leaving only around $2,704 in yearly payments or roughly $225 monthly. On average, selecting the typical $500 deductible will result in a cost of $1,876 for collision and $469 for comprehensive coverage. It all boils down to finding a balance between what is best for your budget and how much risk you're willing to assume. Choosing $2,000 as your deductible on this Mercedes-Benz, E-Class model would give you an estimated annual collision coverage of around $1,148 while the comprehensive premium will hover just under 287 dollars.
This table provides an analysis of the cost between Mercedes-Benz, E-Class collision and comprehensive premiums in Los Angeles (90024) based on the amount of your deductible. It's more budget-friendly to set a higher deductible for collision coverage, since it comprises almost three times as much of the premium cost when compared to comprehensive insurance. Conversely, you'll want to select a low deductible for your extensive coverage in order to save even more money.
Your DeductibleCollision PremiumComprehensive Premium

Increases rates significantly

$2,428$607 Get Quotes

2% deductibles discount

$2,163$541 Get Quotes

5% deductibles discount

$2,097$524 Get Quotes

9% deductibles discount

$2,008$502 Get Quotes

15% deductibles discount

$1,876$469 Get Quotes

22% deductibles discount

$1,721$430 Get Quotes

48% deductibles discount

$1,148$287 Get Quotes

Compare car insurance quotes for all Mercedes-Benz E-Class trim levels

Discover the average Mercedes-Benz E-Class car insurance prices for your specific location by selecting a model and its trim level below, then click "Your Rates" to view annual insurance costs. With our 2022 Mercedes-Benz E-Class coverage calculator, you can get an accurate estimate of what it will cost to insure one of these vehicles!
Choose the exact trim variant of your car for detailed car insurance quotes.
Year Model & Trim Average Annual Rates
2022 Mercedes-Benz E-Class, E 350

E 350 4dr Sedan (2.0L 4cyl Turbo 9A)

$2,281 Details Get Quotes
2022 Mercedes-Benz E-Class, E 450 4MATIC

E 450 4MATIC 4dr Sedan AWD (3.0L 6cyl Turbo gas/electric hybrid 9A)

$2,510 Details Get Quotes
2022 Mercedes-Benz E-Class, AMG E 53

AMG E 53 4dr Sedan AWD (3.0L 6cyl Twincharger gas/electric hybrid 9A)

$2,787 Details Get Quotes
2022 Mercedes-Benz E-Class, E 450 4MATIC

E 450 4MATIC 2dr Coupe AWD (3.0L 6cyl Turbo gas/electric hybrid 9A)

$2,510 Details Get Quotes
2022 Mercedes-Benz E-Class, E 350 4MATIC

E 350 4MATIC 4dr Sedan AWD (2.0L 4cyl Turbo 9A)

$2,281 Details Get Quotes
2022 Mercedes-Benz E-Class, E 450

E 450 2dr Convertible (3.0L 6cyl Turbo gas/electric hybrid 9A)

$2,510 Details Get Quotes
2022 Mercedes-Benz E-Class, E 450 4MATIC All-Terrain

E 450 4MATIC All-Terrain 4dr Wagon AWD (3.0L 6cyl Turbo gas/electric hybrid 9A)

$2,510 Details Get Quotes
2022 Mercedes-Benz E-Class, E 450 4MATIC

E 450 4MATIC 2dr Convertible AWD (3.0L 6cyl Turbo gas/electric hybrid 9A)

$2,510 Details Get Quotes
2022 Mercedes-Benz E-Class, E 450

E 450 2dr Coupe (3.0L 6cyl Turbo gas/electric hybrid 9A)

$2,510 Details Get Quotes
2022 Mercedes-Benz E-Class, AMG E 53

AMG E 53 2dr Convertible AWD (3.0L 6cyl Twincharger gas/electric hybrid 9A)

$3,227 Details Get Quotes
Simply input your ZIP code, and allow us to guide you towards the most beneficial car insurance in your vicinity. We are like detectives of insurance policies, committed to sniffing out the most affordable coverage for you. We diligently compare all available insurers, recommend the optimal deductibles, and tirelessly search for every possible discount. We're here to ensure you get the best deal on your auto insurance!

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