2001 Mercedes-Benz CLK-Class Insurance Rates – 8 Tips for Cheapest Quotes

Being forced to pay for expensive insurance premiums can consume your family’s budget and possibly require postponing other expenditures.

Big companies like GEICO, Progressive and Allstate all claim big savings, bombarding you with TV and radio ads and it can be hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

Consumers should take time to get comparison quotes yearly due to the fact that insurance prices go up and down regularly. Even if you got the lowest rates for CLK-Class insurance a few years ago other companies may now be cheaper. You can find a lot of misleading information regarding insurance on the internet, but in this article, you’re going to get a lot of great tips on how to reduce your insurance bill.

If you are paying for car insurance now, you will be able to lower your premiums substantially using these techniques. Finding affordable coverage is not that difficult. But drivers can benefit by having an understanding of the methods companies use to price insurance differently and apply this information to your search.

The quickest method to get rate comparisons is to know the trick most of the larger companies participate in a system to provide you with free rate quotes. All consumers are required to do is give them some information like your education level, what your job is, how much coverage you want, and an estimate of your credit level. The data is submitted instantly to many different companies and they return quotes almost instantly.

Tricks in auto insurance advertising

Companies like Progressive, Allstate and GEICO consistently run television, radio, and online ads. All the ads state the claim that people will save just by moving your auto insurance policy to them. It sounds good, but how can they all charge you a lower premium? This is how they do it.

All companies have a preferred profile for a prospective insured that will be a good risk. One example of this type of driver might have to be over age 30, has never had a claim, and chooses high deductibles. A customer getting a price quote that meets those criteria will most likely get cheap car insurance rates and will most likely save a lot of money.

Potential insureds who are not a match for these stringent criteria will see higher prices with the end result being the prospect going elsewhere. The ads say “customers that switch” not “everybody who quotes” save that much money. That’s the way insurance companies can make those claims.

Each company has different criteria, so you need to get insurance quotes from several different companies. It is just not possible to predict which insurance companies will have the best car insurance rates for your profile.

Use discounts to get cheaper auto insurance rates

Auto insurance is not cheap nor is it fun to buy but you may find discounts that you may not even know about. Certain credits will be shown when you quote, but some discounts are required to be requested specifically in order for you to get them. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Senior Discount – If you’re over the age of 55, you could receive a small decrease in premiums for CLK-Class insurance.
  • Distant College Student Discount – who live away from home to go to college and leave their car at home can be insured at a reduced rate.
  • Pay Upfront and Save – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class as it can save substantially.
  • Air Bag Discount – Factory air bags or automatic seat belts can receive discounts of 20 to 30 percent.
  • Bundled Policy Discount – When you have multiple policies and insure them with the same company you may save at least 10 to 15 percent or more.
  • Membership in Organizations – Being in specific professional or occupational memberships or organizations can get you a small discount on your policy.
  • Savings for New Vehicles – Buying insurance coverage on a new vehicle can cost up to 25% less because new model year vehicles have to meet stringent safety requirements.

Remember that some of the credits will not apply the the whole policy. Most only cut the price of certain insurance coverages like comp or med pay. So when the math indicates having all the discounts means you get insurance for free, nobody gets a free ride.

Large auto insurance companies and the discounts they provide are shown below.

  • GEICO offers premium reductions for federal employee, membership and employees, multi-vehicle, seat belt use, air bags, and anti-lock brakes.
  • SAFECO has savings for drive less, anti-lock brakes, homeowner, safe driver, multi-car, and anti-theft.
  • State Farm may have discounts that include multiple policy, passive restraint, defensive driving training, good student, driver’s education, and accident-free.
  • MetLife policyholders can earn discounts including claim-free, good student, accident-free, multi-policy, good driver, defensive driver
  • 21st Century discounts include air bags, student driver, theft prevention, good student, teen driver, and driver training.
  • Progressive offers discounts including multi-policy, online signing, homeowner, good student, continuous coverage, online quote discount, and multi-vehicle.

When comparing rates, check with every insurance company what discounts are available to you. Savings may not apply to policies in your area. To view companies who offer discounts, follow this link.

Tailor your car insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is not a perfect coverage plan. Each situation is unique so your insurance needs to address that. These are some specific questions can help discover if your insurance needs could use an agent’s help.

  • What are the financial responsibility laws in my state?
  • Is business property covered if stolen from my car?
  • What can I do if my company won’t pay a claim?
  • Can I drive in Mexico and have coverage?
  • Should I sign the liability waiver when renting a car?
  • Does my car insurance cover rental cars?

If you’re not sure about those questions, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Specific coverages for a Mercedes-Benz CLK-Class

Having a good grasp of your policy aids in choosing appropriate coverage for your vehicles. Car insurance terms can be confusing and even agents have difficulty translating policy wording. Listed below are typical coverage types found on most car insurance policies.

Collision coverage

Collision coverage covers damage to your CLK-Class resulting from a collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a parking meter, damaging your car on a curb, sideswiping another vehicle and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

UM/UIM Coverage

This coverage provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important. Normally these coverages are identical to your policy’s liability coverage.

Comprehensive or Other Than Collision

Comprehensive insurance covers 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 things like theft, rock chips in glass, damage from getting keyed and hitting a bird. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical costs insurance

Coverage for medical payments and/or PIP reimburse you for immediate expenses like nursing services, EMT expenses, pain medications and dental work. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Auto liability

This coverage provides protection from damage or injury you incur to other people or property by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as bail bonds, repair bills for other people’s vehicles, medical expenses and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as much as you can afford.

Cheaper insurance is a realistic goal

Budget-conscious 2001 Mercedes-Benz CLK-Class insurance is available both online in addition to local insurance agencies, so get free insurance quotes from both of them to get a complete price analysis. Some insurance providers don’t offer price quotes online and these small, regional companies prefer to sell through local independent agents.

You just read many tips how you can get a better price on 2001 Mercedes-Benz CLK-Class insurance. The most important thing to understand is the more rate quotes you have, the better your chances of lowering your rates. You may even discover the lowest prices come from the smaller companies. Some small companies may have significantly lower rates on certain market segments than their larger competitors like Allstate and Progressive.

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