1999 Mercedes-Benz SLK-Class Insurance Rates

Want lower car insurance rates for your Mercedes-Benz SLK-Class? Are you a victim of overpriced car insurance? Trust us when we tell you there are a lot of people just like you who feel imprisoned by their car insurance policy. Insurance companies such as Allstate, Progressive and Geico persitently shower you with advertising and it can be hard to see through the deception and effectively compare rates to find the best deal.

It’s important to check car insurance prices occasionally because rates change quite often. Despite the fact that you may have had the lowest rates for SLK-Class insurance on your last policy you will most likely find a better rate today. Forget anything you know (or think you know) about car insurance because you’re about to learn how to use the internet to find the best coverage while lowering your premiums.

Finding Auto Insurance Deals

Getting better 1999 Mercedes-Benz SLK-Class auto insurance pricing is not rocket science. The only thing you need to do is take time comparing price quotes from different insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. Probably the best way consumers can make multiple comparisons would be an industry-wide quote request form click to view form in new window. This type of form prevents you from having to do repetitive form entry for each company. One form submission gets you coverage quotes from multiple companies.
  2. A less efficient way to compare rate quotes is going to the website of each company and request a quote. For sake of this example, let’s say you want comparison quotes from Allstate, State Farm and American Family. To get each rate you have to go to every website and enter your information, and that’s why the first method is more popular. For a list of links to companies insuring cars in your area, click here.

Whichever way you use, ensure you’re using apples-to-apples coverage limits for every quote you compare. If you are comparing different deductibles it will be next to impossible to decipher which rate is best.

Best discounts on 1999 Mercedes-Benz SLK-Class coverage

Insuring your fleet can be pricey, but you may find discounts to help bring down the price. Most are applied at quote time, but less common discounts must be asked about before they will apply. If they aren’t giving you every credit possible, you’re paying more than you need to.

  • Paperless Signup – Some insurance companies will discount your bill up to fifty bucks for buying a policy and signing up over the internet.
  • Safety Course Discount – Taking part in a course in driver safety could possibly earn you a 5% discount depending on where you live.
  • Clubs and Organizations – Affiliation with a civic or occupational organization may earn a discount on your policy for SLK-Class insurance.
  • Student in College – Children who are attending college and don’t have a car can receive lower rates.
  • Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and earn discounts up to 10%.
  • No Claims – Drivers with accident-free driving histories pay less when compared with drivers who are more careless.
  • Save with a New Car – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.

Consumers should know that most discount credits are not given to all coverage premiums. Some only apply to the cost of specific coverages such as liability, collision or medical payments. So when it seems like all those discounts means the company will pay you, it just doesn’t work that way. But any discount will help reduce your premiums.

Companies who might offer these discounts may include but are not limited to:

Before buying, ask every prospective company what discounts are available to you. Discounts might not be offered everywhere.

Tailor your coverage to you

When buying proper insurance coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s so your insurance should reflect that Here are some questions about coverages that can aid in determining whether your personal situation might need professional guidance.

  • Are there companies who specialize in insuring high-risk drivers?
  • Do I need special endorsements for business use of my vehicle?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Is business equipment covered while in my vehicle?
  • Does my insurance cover a custom paint job?
  • Does my policy pay for OEM or aftermarket parts?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of insurance companies in your area. It’s fast, free and can provide invaluable advice.

Parts of the Mercedes-Benz SLK-Class rate equation

An important part of buying insurance is that you know some of the elements that help determine car insurance rates. When you know what positively or negatively determines base rates helps enable you to make changes that will entitle you to lower car insurance prices.

The following are a few of the “ingredients” that factor into prices.

  • Do you need those extra coverages? – There are many extra coverages that can waste your money if you aren’t careful. Coverages like vanishing deductibles, accident forgiveness and membership fees may be wasting your money. These coverages may sound good initially, but your needs may have changed so get rid of them and save.
  • Men fork out a little more – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are BETTER drivers than men. They both tend to get into accidents at a similar rate, but the men cause more damage. Men also statistically receive more costly citations such as reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore have the most expensive car insurance rates.
  • Equipment add-ons that lower car insurance rates – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.
  • Liability coverage protects you – Liability insurance is the coverage that protects you in the event that a court rules you are at fault for damages from an accident. Liability provides legal defense up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so buy as much as you can afford.

Do drivers who switch really save $486 a year?

Consumers constantly see and hear ads that promise big savings from the likes of State Farm, Allstate and Geico. They all seem to make the same claim of big savings if you change your coverage to them.

How does each company make the same claim?

Insurance companies have a preferred profile for the right customer that is profitable for them. For example, a profitable customer might be profiled as over the age of 40, a clean driving record, and has a high credit rating. A propective insured who fits that profile is entitled to the best price and is almost guaranteed to save a lot of money.

Potential insureds who don’t measure up to this ideal profile will be quoted higher premiums which usually ends up with business not being written. Company advertisements say “people who switch” not “people who quote” save that kind of money. That’s why insurance companies can confidently make those claims.

This emphasizes why drivers must get a wide range of price quotes. It is impossible to predict the company that will fit your personal profile best.

Specifics of your car insurance policy

Learning about specific coverages of car insurance aids in choosing appropriate coverage for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. Shown next are the usual coverages available from car insurance companies.

Coverage for liability

This can cover injuries or damage you cause to other people or property. This coverage protects you against other people’s claims, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims such as emergency aid, loss of income and attorney fees. How much liability should you purchase? That is your choice, but you should buy higher limits if possible.

Uninsured/Underinsured Motorist coverage

This gives you protection from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz SLK-Class.

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. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these coverages do not exceed the liability coverage limits.

Medical payments coverage and PIP

Med pay and PIP coverage provide coverage for bills for things like doctor visits, EMT expenses and X-ray expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers if you are hit as a while walking down the street. PIP is only offered in select states but can be used in place of medical payments coverage

Collision coverage

Collision coverage will pay to fix damage to your SLK-Class caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like hitting a mailbox, crashing into a building and colliding with a tree. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive coverage

This coverage covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like vandalism, theft and fire damage. The highest amount you’ll receive from a claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

A tidy conclusion

In this article, we presented quite a bit of information on how to lower your 1999 Mercedes-Benz SLK-Class insurance rates. It’s most important to understand that the more you quote, the higher the chance of saving money. You may even find the biggest savings come from the least-expected company. These companies may often insure only within specific states and give getter rates as compared to the big name companies such as Progressive or Geico.

When trying to cut insurance costs, make sure you don’t reduce needed coverages to save money. There are a lot of situations where an insured dropped liability limits or collision coverage and discovered at claim time that the small savings ended up costing them much more. The aim is to get the best coverage possible at a price you can afford, not the least amount of coverage.

Additional car insurance information can be found below: