View 2002 Mercedes-Benz CLK-Class Insurance Quotes

Are you tired of not being able to scrape enough together to insure your Mercedes-Benz every month? You have the same problem as millions of other vehicle owners.

There is such a variety of auto insurance companies to purchase coverage from, and though it is a good thing to be able to choose, it can be more challenging to compare rates.

Consumers need to quote other rates as often as possible because prices are adjusted regularly by insurance companies. If you had the best rates for CLK-Class coverage last year you may be paying too much now. Block out anything you think you know about car insurance because you’re about to learn how to use the internet to get good coverage at a lower rate.

Insurance coverage policy discounts

Some insurance providers don’t list all their discounts very well, so we took the time to find a few of the more common in addition to some of the lesser obvious discounts that you may qualify for.

  • Cautious Driver Discounts – Accident-free drivers can save as much as half off their rates for CLK-Class coverage than their less cautious counterparts.
  • Waiver for an Accident – Not really a discount, but companies like Allstate and State Farm permit an accident before raising your premiums as long as you don’t have any claims for a specific time period.
  • Claim Free – Drivers who stay claim-free pay much less compared to policyholders that have many claims.
  • Anti-lock Brake Discount – Cars with ABS and/or traction control can reduce accidents so companies give up to a 10% discount.
  • Good Students Pay Less – Excelling in school can save 20 to 25%. This discount can apply up to age 25.
  • Driving Data Discount – Drivers that enable driving data collection to look at driving habits by using a small device installed in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks as long as they are good drivers.
  • Military Deployment Discount – Being deployed with a military unit could mean lower rates.
  • Renewal Discounts – Select companies give a discount for buying a policy before your current coverage expires. You may see this discount when you get auto insurance quotes online.
  • Bundled Policy Discount – If you can combine your home and auto policy with the same insurance company you could save nearly 15% which can help you find inexpensive auto insurance.
  • Memberships – Being in qualifying clubs or civic groups is a good way to get lower rates on your next renewal.

While discounts sound great, it’s important to understand that most discounts do not apply to the entire policy premium. A few only apply to individual premiums such as medical payments or collision. So even though they make it sound like all the discounts add up to a free policy, you aren’t that lucky.

Popular insurance coverage companies and their offered discounts are included below.

  • State Farm includes discounts for defensive driving training, good driver, Steer Clear safe driver discount, multiple policy, and anti-theft.
  • American Family may have discounts that include accident-free, good driver, defensive driver, TimeAway discount, Steer into Savings, and bundled insurance.
  • AAA may offer discounts for multi-policy, anti-theft, pay-in-full, AAA membership discount, and good student.
  • GEICO has savings for daytime running lights, military active duty, membership and employees, multi-policy, and emergency military deployment.
  • Mercury Insurance may include discounts for multi-policy, multi-car, good driver, accident-free, ease of repair, and good student.
  • Farmers Insurance offers discounts for youthful driver, distant student, mature driver, homeowner, bundle discounts, and early shopping.
  • Progressive offers discounts including continuous coverage, online quote discount, multi-vehicle, homeowner, good student, multi-policy, and online signing.

When quoting, ask each company the best way to save money. Some discounts might not apply in your area. To locate companies that offer the discounts shown above, follow this link.

How do I know if I need professional advice?

When it comes to choosing the best insurance coverage coverage for your personal vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is unique so this has to be addressed. For example, these questions may help you determine if your insurance needs may require specific advice.

  • Do I really need UM/UIM coverage?
  • How do I insure my teen driver?
  • What if I owe more than I can insure my car for?
  • Am I covered when driving on a suspended license?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • How can I get my company to pay me more for my totalled car?
  • Is my trailer covered?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance coverage companies in your area.

Tricks in auto insurance advertising

Progressive, GEICO, Allstate and State Farm continually stream television, radio, and online ads. They all seem to make the promise that drivers can save some big amount if you just switch your coverage to them. How is it possible that every company can claim to save you money? It’s all in the wording.

All the different companies give the cheapest rates for the type of customer that is profitable for them. An example of a desirable risk may be between 25 and 40, has never had a policy lapse, and chooses high deductibles. Anyone who matches those parameters will probably get the lowest premium rates and is almost guaranteed to save when they switch companies.

Potential customers who fall outside these criteria may receive a higher rate which translates to the customer not buying. If you listen closely, the ads state “drivers that switch” but not “all drivers who get quotes” can get the lowest rates when switching. That’s why insurance companies can make claims like that.

Because of the profiling, you really need to get a wide range of price quotes. It’s just not possible to know with any certainty which company will have better premium rates than you’re paying now.

Auto insurance 101

Understanding the coverages of insurance can help you determine appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Shown next are typical coverage types offered by insurance companies.

Comprehensive auto coverage – This coverage covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from a tornado or hurricane, fire damage and rock chips in glass. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Mercedes-Benz CLK-Class.

Due to the fact that many drivers carry very low liability coverage limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Frequently these limits do not exceed the liability coverage limits.

Medical payments and PIP coverage – Coverage for medical payments and/or PIP provide coverage for expenses for things like hospital visits, chiropractic care, ambulance fees and dental work. They can be utilized in addition to your health insurance policy or if you do not have health coverage. They cover all vehicle occupants and will also cover being hit by a car walking across the street. PIP coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Liability car insurance – This protects you from damages or injuries you inflict on a person or their property by causing an accident. This coverage protects you against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Some companies may use one number which is a combined single limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as structural damage, medical expenses, court costs, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.

Collision – Collision coverage covers damage to your CLK-Class caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims like backing into a parked car, sustaining damage from a pot hole, crashing into a building and damaging your car on a curb. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible to bring the cost down.

Don’t break the bank

The cheapest 2002 Mercedes-Benz CLK-Class insurance is available from both online companies in addition to local insurance agencies, so you need to quote auto insurance with both so you have a total pricing picture. A few companies may not provide online quoting and these small, regional companies prefer to sell through independent agencies.

When trying to cut insurance costs, it’s very important that you do not reduce needed coverages to save money. There are many occasions where an accident victim reduced full coverage only to regret at claim time that the small savings ended up costing them much more. Your aim should be to get the best coverage possible at the best price, not the least amount of coverage.

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