How Much Does 1998 Mercedes-Benz CL-Class Insurance Cost?

Want better insurance coverage rates for your Mercedes-Benz CL-Class? Trying to come up with a payment for overpriced insurance coverage can dry up your family’s budget and make it hard to pay other bills. Performing a rate comparison is a smart way to make sure you’re not throwing money away.

Many insurance companies compete for your hard-earned dollar, and it can be difficult to compare rates and get the definite best price available.

It’s a good habit to check insurance coverage prices quite often since rates fluctuate regularly. Despite the fact that you may have had the best deal on CL-Class coverage two years ago there may be better deals available now. Ignore everything you know about insurance coverage because you’re about to learn the right way to buy cheaper insurance coverage.

Low cost insurance quotes online

When comparison shopping, there are several ways of comparing price quotes from different insurance companies. The fastest way to compare Mercedes-Benz CL-Class insurance prices is simply to get online rate quotes. It’s really quite simple and can be done in a couple of different ways.

  • One of the simplest ways consumers can make multiple comparisons is a comparison rater form (click to open form in new window). This method eliminates the need for a different quote for every prospective company. A single form will return price quotes direct from many companies.
  • A slightly less efficient method to shop for insurance online consists of visiting each individual company website and repeat the quote process. For sake of this example, let’s say you want to compare State Farm, 21st Century and Farmers. You would be required to go to each individual site and type in your information over and over, which can get old fast.

    For a list of links to insurance companies in your area, click here.

  • If you have time to kill, the last method to quote and compare insurance rates is physically going to and from local insurance agencies. The internet can eliminate the need for a local agent unless your situation requires the advice and guidance of a local agency. It is possible to obtain prices from the web and still use a local agent.

However you get your quotes, make absolute certain that you use the same information for each price quote. If you use different limits and deductibles on each one you will not be able to make a fair comparison for your Mercedes-Benz CL-Class. Just a small difference in coverages could mean much higher rates. Just keep in mind that comparing a large number of companies helps increase your odds of locating more affordable rates.

Cheaper insurance coverage rates with discounts

Auto insurance companies do not list every disount available in a way that’s easy to find, so the list below details both well-publicized and the harder-to-find credits that you can use to lower your rates.

  • Theft Deterent Discount – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and therefore earn up to a 10% discount.
  • Data Collection Discounts – Drivers who agree to allow driving data submission to scrutinize when and where they use their vehicle through the use of a telematics system such as State Farm’s In-Drive might get better premium rates as long as the data is positive.
  • Accident Forgiveness Coverage – Not a discount per se, but companies like Allstate, State Farm and GEICO will turn a blind eye to one accident without raising rates if you are claim-free prior to being involved in the accident.
  • Bundle and Save – When you combine your auto and homeowners insurance and insure them both with the same insurance company you could earn a discount of at least 10 to 15 percent or more.
  • Drive Safe and Save – Drivers without accidents can get discounts for up to 45% lower rates on CL-Class coverage as compared to drivers with claims.
  • Discount for Passive Restraints – Factory options such as air bags or automatic seat belts can get savings of up to 25% or more.
  • Homeowners Pay Less – Just owning your own home can save a few bucks because maintaining a house means you have a higher level of financial diligence.
  • New Car Discount – Insuring a new car can be considerably cheaper because newer models have to meet stringent safety requirements.
  • No Claim Discounts – Insureds who avoid accidents and claims can earn big discounts as opposed to insureds who have frequent claims or accidents.
  • Student Discounts – Being a good student could provide a savings of up to 20% or more. Earning this discount can benefit you up to age 25.

As is typical with insurance, some credits don’t apply to all coverage premiums. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though it appears adding up those discounts means a free policy, you won’t be that lucky. But any discount will help reduce the cost of your policy.

Some companies that may offer most of the discounts above are:

When comparing rates, check with every company how many discounts you can get. Some discounts may not apply to policyholders in every state. For a list of insurance coverage companies that can offer you the previously mentioned discounts, click this link.

Tailor your insurance coverage coverage to you

When it comes to buying adequate coverage, there really is not a single plan that fits everyone. Everyone’s situation is a little different so this has to be addressed. Here are some questions about coverages that could help you determine whether your personal situation might need an agent’s assistance.

  • Does my 1998 Mercedes-Benz CL-Class need full coverage?
  • Do I need added coverage for expensive stereo equipment?
  • What happens if I owe more than my 1998 Mercedes-Benz CL-Class is worth?
  • How can I get my company to pay me more for my totalled car?
  • Are all vehicle passengers covered by medical payments coverage?
  • Is my teenager covered with friends in the car?
  • What is the ISO rating for a 1998 Mercedes-Benz CL-Class?

If you can’t answer these questions but a few of them apply, you may need to chat with an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Auto insurance coverages

Having a good grasp of your auto insurance policy can be of help when determining the right coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. These are the normal coverages available from auto insurance companies.

Collision coverages – Collision coverage will pay to fix damage to your CL-Class caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision insurance covers claims like sideswiping another vehicle, scraping a guard rail, damaging your car on a curb, rolling your car and crashing into a building. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible in order to get cheaper collision rates.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for immediate expenses for things like surgery, prosthetic devices, doctor visits and dental work. They are often used to fill the gap from your health insurance plan or if you lack health insurance entirely. Coverage applies to you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state and may carry a deductible

Auto liability – Liability coverage will cover injuries or damage you cause to other people or property. This coverage protects you from claims by other people, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage pays for things like pain and suffering, bail bonds and medical expenses. How much liability coverage do you need? That is up to you, but you should buy higher limits if possible.

Comprehensive auto insurance – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as theft, damage from getting keyed, a broken windshield and a tree branch falling on your vehicle. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers – Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz CL-Class.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages should not be overlooked.

The bottom line

When shopping online for insurance, never buy less coverage just to save a little money. In too many instances, drivers have reduced full coverage only to regret at claim time they didn’t purchase enough coverage. Your goal is to buy enough coverage for the lowest cost, not the least amount of coverage.

The cheapest 1998 Mercedes-Benz CL-Class insurance can be sourced on the web in addition to many insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies may not provide internet price quotes and many times these smaller providers provide coverage only through independent agents.

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