Looking for better insurance rates for your Mercedes-Benz CLS-Class? Having to pay for overpriced insurance can drain your bank account and put the squeeze on your family’s finances. Comparison shopping is free and is an excellent way to reduce premiums and put more money in your pocket. Since consumers have many choices, it’s nearly impossible to find the lowest cost car insurance company.
It’s a good idea to get comparison quotes before your policy renews since rates change quite often. Just because you found the lowest rates on CLS-Class coverage two years ago there may be better deals available now. Ignore everything you know about insurance because we’re going to demonstrate the tricks you need to know to find better coverage at a better price.
Companies offering auto insurance don’t always advertise all their discounts in a way that’s easy to find, so we break down some of the more common and also the lesser-known ways to save on auto insurance. If you aren’t receiving every discount available, you are paying more than you should be.
As a disclaimer on discounts, most credits do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like comp or med pay. So even though they make it sound like all the discounts add up to a free policy, you won’t be that lucky.
Companies who might offer some of the above discounts may include but are not limited to:
Double check with every prospective company which discounts they offer. Discounts may not be available in your state.
Finding lower car insurance rates isn’t really that difficult. The only requirement is to take the time comparing rate quotes online from several insurance companies. It is quite easy and can be accomplished in just a few minutes using one of these methods.
For a list of links to companies insuring cars in your area, click here.
Whichever method you choose, make sure you use apples-to-apples coverage limits with every price quote. If each company quotes different values for each quote then you won’t be able to determine the lowest rate for your Mercedes-Benz CLS-Class.
Smart consumers have a good feel for the different types of things that go into determining the rates you pay for insurance coverage. Understanding what impacts premium levels enables informed choices that may reward you with big savings.
Listed below are a partial list of the pieces insurance coverage companies consider when setting rates.
When it comes to choosing the best insurance coverage coverage, there really is no one size fits all plan. Everyone’s needs are different and your policy should reflect that. For instance, these questions can help discover if your insurance needs would benefit from an agent’s advice.
If it’s difficult to answer those questions then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance coverage companies in your area. It is quick, free and may give you better protection.
Consumers constantly see and hear ads for cheaper car insurance from companies such as Progressive, Allstate and Geico. All the companies make an identical promise that you can save if you switch your policy.
How do they all make the same claim?
All companies have a preferred profile for the type of driver that makes them money. For instance, a preferred risk might be over the age of 50, has no prior claims, and drives less than 10,000 miles a year. A customer who fits that profile is entitled to the best price and most likely will save when they switch companies.
Consumers who fall outside the “perfect” profile will have to pay higher rates and ends up with the customer not buying. The ads say “customers who switch” not “everyone that quotes” save that much. That is how companies can truthfully claim big savings. Because of the profiling, you absolutely need to quote coverage with many companies. It’s impossible to know which insurance companies will have the lowest Mercedes-Benz CLS-Class insurance rates.
Knowing the specifics of your car insurance policy can help you determine the right coverages and the correct deductibles and limits. Car insurance terms can be confusing and reading a policy is terribly boring. Listed below are typical coverages found on the average car insurance policy.
Collision protection
This covers damage to your CLS-Class resulting from a collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as colliding with a tree, sustaining damage from a pot hole, damaging your car on a curb, scraping a guard rail and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.
Medical payments coverage and PIP
Medical payments and Personal Injury Protection insurance pay for bills for rehabilitation expenses, chiropractic care, funeral costs and nursing services. They are used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to both the driver and occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but it provides additional coverages not offered by medical payments coverage
Uninsured/Underinsured Motorist coverage
Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Mercedes-Benz CLS-Class.
Due to the fact that many 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 important protection for you and your family.
Liability auto insurance
This coverage protects you from damage or injury you incur to people or other property that is your fault. This coverage protects you from claims by other people. It does not cover damage sustained by your vehicle in an accident.
Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery.
Liability coverage protects against claims like bail bonds, pain and suffering, repair bills for other people’s vehicles and medical services. How much liability should you purchase? That is up to you, but buy as much as you can afford.
Comprehensive coverage
Comprehensive insurance pays to fix your vehicle from damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.
Comprehensive insurance covers things like vandalism, damage from getting keyed and fire damage. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.
When you buy insurance online, make sure you don’t skimp on critical coverages to save a buck or two. There have been many cases where drivers have reduced uninsured motorist or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. Your aim should be to buy a smart amount of coverage at the best price, not the least amount of coverage.
You just read a lot of techniques to lower your 2014 Mercedes-Benz CLS-Class insurance rates. The most important thing to understand is the more companies you get rates for, the more likely it is that you will get a better rate. You may be surprised to find that the biggest savings come from the least-expected company. Smaller companies can often insure niche markets at a lower cost than the large multi-state companies such as Allstate and Progressive.
Low-cost insurance is definitely available from both online companies and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best price selection to choose from. A few companies may not provide you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
Even more information can be found by following these links: