Save on 2015 Mercedes-Benz SLK-Class Car Insurance Cost

Searching for cheaper insurance coverage rates for your Mercedes-Benz SLK-Class? Locating cheaper insurance for a new or used Mercedes-Benz SLK-Class can turn out to be difficult, but you can use the following methods and make it easy. There is a better way to buy insurance coverage so you’re going to learn the proper way to quote coverages on a Mercedes-Benz and locate the cheapest rates from local insurance agents and online providers.

If you are insured now or need new coverage, you can use this information to find better prices while maintaining coverages. Pricing affordable coverage is simple if you know the tricks. Drivers just need to know the proper methods to shop for insurance online.

Do you qualify for discount car insurance?

Insuring your vehicles can cost a lot, but there may be some discounts to reduce the price significantly. Some discounts apply automatically at the time of quoting, but less common discounts must be manually applied before they will apply.

Anti-lock Brake Discount – Cars that have steering control and anti-lock brakes can avoid accidents and therefore earn up to a 10% discount.
Defensive Driver Discount – Taking part in a defensive driving class could cut 5% off your bill and also improve your driving technique.
No Claim Discounts – Claim-free drivers are rewarded with significantly better rates on car insurance quote in comparison to insureds who have frequent claims or accidents.
Air Bag Discount – Vehicles equipped with air bags and/or automatic seat belt systems can qualify for discounts as much as 30%.
Government Employee Discount – Active or retired federal employment can save as much as 8% on SLK-Class coverage with certain companies.
Lower Rates for Military – Having a family member in the military may lower your car insurance rates slightly.
Switch and Save Discount – A few companies give discounts for switching companies prior to the expiration date on your current policy. You could save around 10% when you buy car insurance online.
Driving Data Discount – Drivers who elect to allow companies to study when and where they use their vehicle remotely such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they show good driving skills.
College Student Discount – who are enrolled in higher education away from home and do not take a car to college could qualify for this discount.

As a sidenote, most of the big mark downs will not be given to the entire cost. Some only reduce the cost of specific coverages such as comprehensive or collision. Despite the appearance that all those discounts means the company will pay you, companies don’t profit that way.

Companies and some of the premium reductions they offer can be found below.

Farm Bureau offers premium reductions for good student, youthful driver, renewal discount, 55 and retired, and safe driver.
Liberty Mutual offers discounts including new move discount, multi-car, teen driver discount, newly retired, and hybrid vehicle.
State Farm policyholders can earn discounts including defensive driving training, good driver, multiple autos, accident-free, Drive Safe & Save, multiple policy, and Steer Clear safe driver discount.
Auto-Owners Insurance may offer discounts for mature driver, group or association, company car, safe driver, good student, and anti-theft.
GEICO has savings for anti-theft, multi-policy, seat belt use, federal employee, driver training, and military active duty.
SAFECO may have discounts that include teen safety rewards, anti-theft, anti-lock brakes, multi-car, and accident prevention training.

If you need lower rates, check with all the companies which discounts can lower your rates. Depending on the company, some discounts might not be available to policyholders everywhere. To view providers with the best discounts, click here.

Smart buyers know how to get car insurance more affordably

A large part of saving on car insurance is knowing some of the things that play a part in calculating your premiums. If you understand what determines base rates, this enables you to make decisions that will entitle you to lower rates.

The list below includes some of the items utilized by car insurance companies to help set your premiums.

Do safer cars cost less to insure? – Vehicles with good safety scores cost less to insure. Vehicles engineered for safety help reduce the chance of injuries in an accident and any reduction in injury severity means your insurance company pays less and thus lower rates. If your Mercedes-Benz scored better than four stars on Safercar.gov or an “acceptable” rating on iihs.org you are probably receiving a discount.
Better car insurance rates for uninterrupted coverage – Having a gap between insurance policy dates is a quick way to increase your rates. In addition to paying higher rates, failure to provide proof of insurance could earn you fines and jail time. You may have to prove you have insurance by filing a SR-22 with your state motor vehicle department to get your license reinstated.
High premiums for teenage drivers – Inexperience drivers are proven to be inattentive and easily distracted when driving with friends and because of this, their car insurance rates are much higher. Older, more experienced drivers are more cautious drivers, cost insurance companies less in claims and get fewer tickets.
Traffic violations drive up rates – Your driving citation history influences premium rates substantially. Even a single driving citation can bump up the cost to the point where it’s not affordable. Attentive drivers pay less for auto insurance than their less careful counterparts. Drivers who have gotten multiple citations such as DUI, reckless driving or excessive speeding may be required to complete a SR-22 with their state’s department of motor vehicles in order to prevent a license revocation.
Are males or females drivers cheaper? – Over the last 50 years, statistics have shown that women are safer drivers than men. However, this does not mean men are worse drivers. Males and females are responsible for fender benders at about the same rate, but the males get into accidents with more damage. Men also statistically get more serious tickets like DUI and reckless driving.

What insurance coverages do I need?

When choosing proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For example, these questions might point out whether you will benefit from professional help.

What is the rate difference between pleasure use and commuting?
How do I buy GAP insurance?
Do I need to file an SR-22 for a DUI in my state?
Is motorclub coverage worth it?
Do I need PIP (personal injury protection) coverage in my state?
Does my policy cover my teen driver if they drive my company car?
Why am I required to buy liability insurance?
Are rock chip repairs covered?

If you’re not sure about those questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It is quick, free and can provide invaluable advice.

Car insurance coverages for a Mercedes-Benz SLK-Class

Understanding the coverages of auto insurance can help you determine the right coverages and proper limits and deductibles. Auto insurance terms can be difficult to understand and coverage can change by endorsement.

Liability coverages

This will cover damages or injuries you inflict on other people or property. This insurance 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. Your policy might show policy limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability coverage pays for claims like emergency aid, structural damage, bail bonds and repair costs for stationary objects. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive insurance

This coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive insurance covers things such as a broken windshield, falling objects, hitting a bird and a tree branch falling on your vehicle. The maximum amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance pay for bills such as pain medications, nursing services, ambulance fees and EMT expenses. They can be used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Collision insurance

This will pay to fix damage to your SLK-Class from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like driving through your garage door, rolling your car and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.

Make a quick buck

When buying insurance coverage, do not sacrifice coverage to reduce premiums. In too many instances, someone dropped uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy enough coverage for the lowest price, but do not sacrifice coverage to save money.

We just covered a lot of information how to lower your 2015 Mercedes-Benz SLK-Class insurance premium rates. It’s most important to understand that the more quotes you get, the more likely it is that you will get a better rate. You may be surprised to find that the best price on auto insurance is with a smaller regional carrier.

Low-cost 2015 Mercedes-Benz SLK-Class insurance is attainable online and with local insurance agents, and you should compare rates from both to get a complete price analysis. Some insurance providers do not provide online rate quotes and usually these small, regional companies prefer to sell through independent insurance agents.