2010 Mercedes-Benz SLK-Class Insurance Cost – 10 Ideas for Best Prices

No one in their right mind looks forward to buying auto insurance, especially when they could lower their rates if they shopped around.

You have so many auto insurance companies to choose from, and although it’s a good thing to have a selection, it makes it harder to compare rates and cut insurance costs.

You need to price shop coverage occasionally since prices are rarely the same from one policy term to another. Just because you found the best rate for SLK-Class coverage a few years ago you will most likely find a better premium rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the fastest way to find better coverage at a better price.

The purpose of this post is to help you learn the best way to quote coverages and some tips to save money. If you currently have a car insurance policy, you will most likely be able to lower your premiums substantially using this information. But vehicle owners do need to learn the methods companies use to market insurance on the web and take advantage of how the system works.

Cut your auto insurance rates with these ten discounts

Some insurers don’t always publicize every discount very clearly, so the list below details both the well known and also the more inconspicuous credits available to lower your premiums when you buy insurance coverage online.

  • Theft Deterent System – Cars and trucks equipped with tracking devices and advanced anti-theft systems are stolen less frequently and can earn a small discount on your policy.
  • Active Service Discounts – Having a family member in the military may qualify for rate reductions.
  • Senior Discount – Seniors could receive better auto insurance rates for SLK-Class coverage.
  • Safety Course Discount – Taking a course in driver safety could cut 5% off your bill depending on where you live.
  • Early Payment Discounts – By making one initial payment as opposed to paying monthly you can avoid the installment charge.
  • Discount for New Cars – Buying insurance on a new vehicle can cost up to 25% less because new vehicles keep occupants safer.
  • Life Insurance – Insurance companies who offer life insurance give a discounted price on car insurance if you buy auto and life insurance together.
  • ABS Brakes – Anti-lock brake equipped vehicles prevent accidents so you can save 10 percent or more.
  • Fewer Miles Equal More Savings – Maintaining low annual mileage can earn cheaper auto insurancerates.
  • Passenger Safety Discount – Options like air bags can qualify for discounts of 20 to 30 percent.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given to the entire cost. A few only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like all the discounts add up to a free policy, companies wouldn’t make money that way. Any qualifying discounts will reduce the amount you have to pay.

Car insurance companies that have some of the discounts shown above are:

Double check with every company how you can save money. Some credits might not be offered in your state.

Low cost car insurance prices

When shopping for car insurance there are multiple ways of comparing rates from many car insurance companies in your state. The recommended way to find cheaper 2010 Mercedes-Benz SLK-Class rates is to jump online and get quotes. This can be accomplished in several different ways.

  • The easiest and least time consuming way to get quotes would be an industry-wide quote request form click here to open form in new window. This easy form saves time by eliminating repetitive form submissions for every company. Taking the time to complete one form will get you price quotes from multiple companies.
  • A harder way to get comparison quotes requires a trip to each company website to request a price quote. For examples sake, we’ll assume you want rates from Allstate, State Farm and American Family. To find out each rate you need to spend time on each company’s site and enter your information, and that explains why we recommend the first method. For a list of links to insurance companies in your area, click here.
  • The most difficult method to shop rates is to spend your day driving to insurance agents’ offices. The ability to quote online has made agencies unnecessary unless you have a complicated situation and need the extra assistance of a licensed agent. It is possible to get the lowest quotes online and have a local agent actually service the policy.

It’s up to you which method you use, but be sure you’re using identical deductibles and coverage limits for each price quote. If each company quotes different deductibles you can’t possibly determine the best price for your Mercedes-Benz SLK-Class. Quoting even small variations in limits can result in a big premium difference. It’s important to know that getting more free quotes increases your odds of finding the best price.

You are unique and your insurance should be too

When it comes to buying coverage for your personal vehicles, there really is not a perfect coverage plan. Every situation is different so your insurance needs to address that. For example, these questions may help highlight if your insurance needs would benefit from professional advice.

  • When would I need additional glass coverage?
  • What is roadside assistance coverage?
  • Why is insurance for a teen driver so high?
  • Is upholstery damage covered by car insurance?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Do I need to file an SR-22 for a DUI in my state?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to 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 companies in your area.

Auto insurance coverage information

Knowing the specifics of your car insurance policy helps when choosing which coverages you need and proper limits and deductibles. Car insurance terms can be impossible to understand and coverage can change by endorsement. Below you’ll find the usual coverages found on most car insurance policies.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for bills like ambulance fees, rehabilitation expenses, pain medications and doctor visits. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state and may carry a deductible

Collision insurance

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

Collision can pay for claims such as driving through your garage door, hitting a parking meter and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to raise the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and damage to your Mercedes-Benz SLK-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is very important. Normally the UM/UIM limits are set the same as your liablity limits.

Comprehensive protection

This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like damage from getting keyed, damage from a tornado or hurricane, damage from flooding and hitting a deer. The most your car insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Auto liability insurance

Liability insurance can cover damage or injury you incur to a person or their property. This coverage protects you from legal claims by others. It does not cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability insurance covers things like repair costs for stationary objects, medical expenses, structural damage and attorney fees. How much liability coverage do you need? That is a personal decision, but it’s cheap coverage so purchase as much as you can afford.

Affordable insurance is out there

Discount 2010 Mercedes-Benz SLK-Class insurance can be found on the web and also from your neighborhood agents, so you need to quote insurance coverage with both to get a complete price analysis. Some insurance providers do not provide rates over the internet and many times these smaller providers sell through independent agents.

When buying insurance coverage, don’t be tempted to sacrifice coverage to reduce premiums. There are too many instances where consumers will sacrifice liability limits or collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. The goal is to purchase a proper amount of coverage at the best cost, but don’t skip important coverages to save money.

Other articles