2009 Mercedes-Benz SLK-Class Insurance Cost – 8 Savings Tips

Are you sick and tired of robbing Peter to pay Paul to buy insurance? You’re in the same situation as many other consumers.

Drivers have so many car insurance companies to pick from, and even though it’s nice to have a choice, it can be more challenging to get the best deal.

It’s smart to quote other rates as often as possible since insurance prices are variable and change quite frequently. Just because you had the best price for SLK-Class insurance two years ago you can probably find a better rate quote now. Forget anything you know (or think you know) about insurance because you’re about to learn how to use the internet to reduce your cost while increasing coverage.

Finding the best rates is easy if you know what you’re doing. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using this strategy. But drivers need to learn the methods companies use to sell insurance online and use this information to your advantage.

The best way to compare rates is to know the trick almost all companies participate in online systems to give free rates quotes. To begin a comparison, all you need to do is give them rating details such as your occupation, your education level, your credit rating estimate, and which vehicles you own. Your insurance information is instantly submitted to insurance carriers in your area and they return rate quotes quickly.

To check rates for your 2009 Mercedes-Benz SLK-Class now, click here and complete the quick form.

Insurance can get complicated

When buying coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique so this has to be addressed. For example, these questions can aid in determining whether your personal situation might need professional guidance.

  • What if I owe more than I can insure my car for?
  • Does my medical payments coverage pay my health insurance deductible?
  • Are my friends covered when driving my car?
  • Am I covered if I wreck a rental car?
  • Is my trailer covered?
  • Is business property covered if stolen from my car?
  • Does my insurance cover my expensive audio equipment?
  • How much liability coverage do I need in my state?
  • What is medical payments coverage?
  • What companies insure drivers after a DUI or DWI?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

What insurance coverages do you need?

Understanding the coverages of your policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for expenses for X-ray expenses, rehabilitation expenses, chiropractic care, nursing services and surgery. The coverages can be used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Collision protection

Collision coverage pays for damage to your SLK-Class resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like sideswiping another vehicle, crashing into a building, colliding with a tree and hitting a parking meter. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Liability insurance

This coverage will cover damage that occurs to a person or their property in an accident. This insurance protects YOU against claims from other people. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see values of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability can pay for things like repair bills for other people’s vehicles, attorney fees and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Comprehensive insurance

This pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things like falling objects, damage from getting keyed and vandalism. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include injuries to you and your family and also any damage incurred to your 2009 Mercedes-Benz SLK-Class.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.