Having to pay for overpriced car insurance can drain your personal savings and force you to prioritize other expenses. Shopping your coverage around is free and is an excellent way to help make ends meet. Companies like Geico, Farmers Insurance and State Farm all claim big savings, bombarding you with ads and it is challenging if not impossible to sift through the bull and find the best price available.
It’s important to price shop coverage on a regular basis because insurance rates trend upward over time. Just because you had the best deal on CLS-Class coverage a couple years back a different company probably has better rates today. Forget anything you know (or think you know) about car insurance because I’m going to let you in on the secrets to one of the easiest ways to save money, get proper deductibles and limits, all at the lowest rate.
Car insurance is not cheap, but you may find discounts that you may not know about. Most are applied at the time of quoting, but some must be specifically requested before you get the savings. If you don’t get every credit possible, you are paying more than you should be.
It’s important to understand that most discounts do not apply to the overall cost of the policy. Some only apply to individual premiums such as collision or personal injury protection. Just because it seems like you could get a free insurance policy, it doesn’t quite work that way. Any qualifying discounts will bring down your overall premium however.
To see a list of providers who offer insurance discounts, click here to view.
Performing a rate comparison is a ton of work if you don’t understand the most efficient way to do it. You can spend your afternoon driving to insurance companies in your area, or you can stay home and use the web to get pricing more quickly.
Most of the best insurance companies take part in a program where insurance shoppers submit their information once, and every company returns a rated price based on that data. This saves time by eliminating quotation requests to each company.
To get comparison pricing now click here to start a free quote.
The only drawback to doing it this way is you are unable to specify the companies you want pricing from. So if you prefer to choose specific providers to receive pricing from, we have assembled a list of low cost insurance companies in your area. View list of insurance companies.
It doesn’t matter which method you choose, just be sure to compare apples-to-apples coverage limits and deductibles with every price quote. If you have different values for each quote it will be impossible to make an equal comparison.
When it comes to buying the best auto insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is a little different so this has to be addressed. These are some specific questions might help in determining if your insurance needs could use an agent’s help.
If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, fill out this quick form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
Having a good grasp of your insurance policy aids in choosing the best coverages at the best deductibles and correct limits. Policy terminology can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverage types available from insurance companies.
Coverage for medical payments and/or PIP pay for expenses like rehabilitation expenses, X-ray expenses, funeral costs, surgery and chiropractic care. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state but it provides additional coverages not offered by medical payments coverage
This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage pays for things like a tree branch falling on your vehicle, hitting a bird, damage from getting keyed and damage from flooding. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Uninsured or Underinsured Motorist coverage provides protection when other motorists are uninsured or don’t have enough coverage. This coverage pays for hospital bills for your injuries and damage to your Mercedes-Benz CLS-Class.
Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Usually these limits are similar to your liability insurance amounts.
This protects you from damage or injury you incur to a person or their property. This insurance protects YOU against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has 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 liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, $300,000 for the entire accident, and a total limit of $100,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.
Liability coverage protects against claims like court costs, pain and suffering, legal defense fees and repair costs for stationary objects. How much coverage you buy is a personal decision, but it’s cheap coverage so purchase higher limits if possible.
This covers damage to your CLS-Class resulting from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision insurance covers things such as backing into a parked car, sustaining damage from a pot hole, hitting a mailbox and rolling your car. This coverage can be expensive, so you might think about dropping it from vehicles that are older. You can also bump up the deductible to get cheaper collision coverage.
As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. There have been many cases where someone dropped liability coverage limits and learned later that the savings was not a smart move. Your goal should be to buy enough coverage at an affordable rate while not skimping on critical coverages.
We just covered some good ideas how you can compare 2013 Mercedes-Benz CLS-Class insurance prices online. It’s most important to understand that the more price quotes you have, the better your chances of lowering your rates. Drivers may discover the best prices are with a small mutual company. These smaller insurers may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate or State Farm.