How Much Does 2000 Mercedes-Benz CLK-Class Insurance Cost?

Trying to find better insurance rates for your Mercedes-Benz CLK-Class? Paying for high-priced Mercedes-Benz CLK-Class insurance can dwindle your bank account and force you to make sacrifices. Comparing price quotes is a smart way to lower your monthly bill. Having so many insurance companies to choose from, it is very difficult to choose the cheapest company.

Get lower rates on 2000 Mercedes-Benz CLK-Class insurance

Insuring your fleet can be pricey, but discounts can save money and there are some available to help bring down the price. Most are applied at quote time, but lesser-known reductions have to be requested specifically prior to receiving the credit. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Drivers Ed for Students – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • College Student – Any of your kids who live away from home and do not have a car may be able to be covered for less.
  • Multiple Vehicles – Having multiple vehicles on one policy could earn a price break for each car.
  • Payment Discounts – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • Military Discounts – Having a family member in the military may qualify for rate reductions.
  • Safety Course Discount – Successfully completing a course teaching defensive driving skills could save 5% or more depending on where you live.

As a disclaimer on discounts, most discounts do not apply to the overall cost of the policy. Some only reduce the price of certain insurance coverages like collision or personal injury protection. So despite the fact that it appears you would end up receiving a 100% discount, you won’t be that lucky. But all discounts will help reduce your premiums.

To see a list of insurance companies offering car insurance discounts, follow this link.

Insurance Prices Online

Effectively comparing insurance prices is a ton of work if you don’t understand the easiest way. You could spend your day driving to insurance agencies in your area, or you could use online quoting for quick rates.

Many companies belong to an insurance system that allows shoppers to send in one quote, and each participating company provides a quote based on that information. This system prevents you from having to do quote forms to each company.

To find out what other companies charge for 2000 Mercedes-Benz CLK-Class insurance click to open in new window.

The only drawback to using this type of form is buyers cannot specifically choose which insurance companies to get quotes from. So if you prefer to pick specific providers to request quotes from, we have a listing of the cheapest insurance companies in your area. Click here to view list.

Whichever way you use, double check that you are using exactly the same coverages with every price quote. If you enter unequal deductibles or liability limits then you won’t be able to decipher which rate is best.

Mercedes-Benz CLK-Class insurance rates are influenced by…

Consumers need to have an understanding of some of the elements that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively impacts premium levels helps enable you to make changes that can help you get big savings.

  • One company can mean more discounts – Some insurers will award you with lower prices to policyholders who buy several policies from them, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s in your best interest to shop around to verify if the discount is saving money.
  • Lower rates with optional equipment – Purchasing a vehicle with an alarm system can help bring down rates. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your vehicle from being stolen.
  • Teen drivers pay high rates – Youthful drivers have a tendency to get distracted easily in a vehicle so auto insurance rates are higher. Mature drivers are more responsible, tend to file fewer claims and are safer drivers.
  • How’s your driving record? – Careful drivers tend to pay less for car insurance compared to drivers with tickets. Just one speeding ticket can boost insurance rates twenty percent or more. Drivers who get flagrant violations like reckless driving, hit and run or driving under the influence may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to keep their license.
  • High credit ratings translate to low rates – Having a bad credit history is a large factor in determining what you pay for auto insurance. If your credit history is not that good, you could pay less to insure your 2000 Mercedes-Benz CLK-Class by improving your credit score. Consumers who have excellent credit tend to be less risk to insure than drivers with lower credit scores.
  • Your stress level may be raising your rates – Did you know your job can affect your rates? Careers like lawyers, architects and dentists have the highest average rates attributed to high stress and lengthy work days. Other occupations such as actors, historians and performers get better rates for CLK-Class coverage.
  • Men fork out a little more – Statistics have proven women tend to be less risk to insure than men. However, don’t assume that women are better drivers. Both sexes have accidents in similar numbers, but the men cause more damage and cost insurance companies more money. Men also statistically get more serious tickets such as reckless driving.

Tailor your coverage to you

When it comes to buying coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that might help in determining whether or not you could use an agent’s help.

  • Should I file a claim if it’s only slightly more than my deductible?
  • What vehicles should carry emergency assistance coverage?
  • What is UM/UIM insurance?
  • Exactly who is provided coverage by my policy?
  • Does coverage extend to a rental car in a foreign country?
  • Should I put collision coverage on all my vehicles?
  • Does my insurance cover my expensive audio equipment?
  • What is covered by UM/UIM coverage?
  • Are my friends covered when driving my car?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and may give you better protection.

Can you really save $439 a year?

Drivers can’t ignore all the ads for the lowest price auto insurance by State Farm, Allstate and Geico. They all seem to make an identical promise that you can save if you change to their company.

How do they all say the same thing? This is how they do it.

Different companies have a certain “appetite” for the right customer that is profitable for them. A good example of a preferred risk could be over the age of 40, is a homeowner, and has a high credit rating. Any new insured who matches those parameters is entitled to the best price and most likely will save when switching.

Potential insureds who don’t meet this ideal profile will be charged higher rates which usually ends up with the driver buying from a lower-cost company. The ads state “customers that switch” not “people who quote” save that kind of money. That’s why companies can truthfully advertise the savings.

That is why it is so important to get as many quotes as possible. You cannot predict the company that will give you the biggest savings on Mercedes-Benz CLK-Class insurance.

Parts of your insurance policy

Understanding the coverages of your insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the normal coverages found on most insurance policies.

Medical expense insurance – Coverage for medical payments and/or PIP kick in for immediate expenses such as pain medications, chiropractic care, ambulance fees and prosthetic devices. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants and will also cover getting struck while a pedestrian. PIP coverage is not universally available and gives slightly broader coverage than med pay

Collision coverages – This covers damage to your CLK-Class caused by collision with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things such as sideswiping another vehicle, colliding with another moving vehicle, hitting a mailbox, crashing into a ditch and colliding with a tree. This coverage can be expensive, so consider dropping it from older vehicles. It’s also possible to bump up the deductible to bring the cost down.

Protection from uninsured/underinsured drivers – This coverage protects you and your vehicle from other motorists when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Because many people have only the minimum liability required by law, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Liability car insurance – This coverage can cover damages or injuries you inflict on other people or property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You might see values of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Some companies may use a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things such as bail bonds, emergency aid, medical services and medical expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Comprehensive (Other than Collision) – Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers things like fire damage, vandalism and hail damage. The highest amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

In Summary

The cheapest 2000 Mercedes-Benz CLK-Class insurance is definitely available on the web and also from your neighborhood agents, and you should compare price quotes from both to have the best selection. Some insurance companies may not provide the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

While you’re price shopping online, never reduce coverage to reduce premium. There have been many cases where an accident victim reduced collision coverage only to regret that it was a big mistake. Your focus should be to get the best coverage possible at the best price, not the least amount of coverage.

Other resources