1999 Mercedes-Benz CLK-Class Insurance Cost – 5 Ways to Save

Having to pay for overpriced insurance can empty your checking account and make it impossible to make ends meet. Shopping your coverage around is free and is an excellent way to tighten up your finances. Numerous insurance companies battle for your hard-earned dollar, and it can be difficult to compare rates to find the absolute best rates possible.

It’s a great practice to shop coverage around every six months because insurance rates fluctuate regularly. Even if you got the best price for CLK-Class coverage two years ago you can probably find a better price now. There is too much inaccurate information about insurance online but we’re going to give you some of the best ways to reduce your insurance bill.

The easiest way to compare rate quotes takes advantage of the fact auto insurance companies actually pay money for the chance to quote your coverage. The only thing you need to do is provide information like deductibles desired, if it has an alarm system, whether or not you need a SR-22, and if your license is active. Your information is instantly submitted to multiple insurance coverage providers and they return cost estimate with very little delay.

Switch companies and save? Really?

Consumers can’t ignore all the ads for car insurance savings from companies such as State Farm and Allstate. All the ads have a common claim of big savings after switching your policy.

How can each company make almost identical claims? It’s all in the numbers.

All the different companies have a preferred profile for the right customer that makes them money. A good example of a driver they prefer might be a mature driver, insures multiple vehicles, and drives less than 10,000 miles a year. A propective insured that hits that “sweet spot” will get the preferred rates and is almost guaranteed to save when they switch companies.

Consumers who don’t measure up to these standards will have to pay a higher premium which usually ends up with the customer not buying. The ads say “drivers who switch” not “everyone that quotes” save that much. That is how companies can state the savings. Because of the profiling, you should get as many comparisons as possible. It’s impossible to know which insurance companies will provide you with the cheapest Mercedes-Benz CLK-Class insurance rates.

Are you getting all your discounts?

Car insurance companies don’t always list all their discounts very clearly, so here is a list both the well known and the more hidden savings tricks you should be using. If you’re not getting every credit possible, you’re paying more than you need to.

  • E-sign – Some insurance companies will give a small break simply for signing on their website.
  • Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt can save up to 15% off the personal injury premium cost.
  • One Accident Forgiven – Some insurance companies will allow you to have one accident before raising your premiums as long as you don’t have any claims prior to the accident.
  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
  • Distant Student – Youth drivers who live away from home without a vehicle on campus may be able to be covered for less.

Drivers should understand that most discount credits are not given to all coverage premiums. Some only reduce specific coverage prices like comp or med pay. So even though it sounds like you could get a free auto insurance policy, companies don’t profit that way.

For a list of providers who offer auto insurance discounts, follow this link.

When might I need an agent?

When it comes to choosing adequate coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s situation is a little different so your insurance should reflect that For example, these questions can help discover whether your personal situation would benefit from an agent’s advice.

  • Is my teenager covered with friends in the car?
  • Can I get a multi-policy discount?
  • Should I put collision coverage on all my vehicles?
  • Is business equipment covered while in my vehicle?
  • Are my friends covered when driving my car?
  • What discounts do I qualify for?
  • If my 1999 Mercedes-Benz CLK-Class is totaled, can I afford another vehicle?
  • Am I covered if I break a side mirror?
  • Do I need special endorsements for business use of my vehicle?
  • Why do I only qualify for high-risk insurance?

If it’s difficult to answer those questions but you know they apply to you then you might want to talk to an insurance agent. If you don’t have a local agent, complete this form or go to this page to view a list of companies. It only takes a few minutes and may give you better protection.

Insurance policy coverages for a Mercedes-Benz CLK-Class

Knowing the specifics of a insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and reading a policy is terribly boring. Shown next are typical coverages found on the average insurance policy.

Liability car insurance – Liability insurance can cover damages or injuries you inflict on people or other property that is your fault. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000.

Liability can pay for things such as medical expenses, repair costs for stationary objects, legal defense fees and attorney fees. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for bills like funeral costs, surgery, nursing services and prosthetic devices. They are used in conjunction with a health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage

Comprehensive protection – Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things like damage from getting keyed, hitting a bird, hail damage and falling objects. The most you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Collision coverage – Collision coverage pays for damage to your CLK-Class resulting from a collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as backing into a parked car, sustaining damage from a pot hole, driving through your garage door, sideswiping another vehicle and colliding with a tree. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Another option is to bump up the deductible to get cheaper collision coverage.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Mercedes-Benz CLK-Class.

Since a lot of drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Make an honest buck

You just read many ideas to lower your 1999 Mercedes-Benz CLK-Class insurance rates. The key concept to understand is the more companies you get rates for, the better chance you’ll have of finding lower rates. You may even find the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising. Regional companies may have significantly lower rates on certain market segments compared to the large companies like Progressive or Geico.

Discount insurance is possible from both online companies and also from your neighborhood agents, so you should compare both to have the best chance of lowering rates. Some companies may not provide online quoting and these small insurance companies work with independent agents.

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