Feel like you’re a prisoner to an underperforming, overpriced insurance coverage policy? Believe me, you’re not alone.
Because there are so many options, it can be hard to find the right company.
It’s a good idea to do rate comparisons occasionally since rates go up and down regularly. Just because you had the lowest rates on C-Class insurance a few years ago you can probably find a better price now. There is too much inaccurate information about insurance coverage online, so we’re going to give you some guaranteed methods to find affordable insurance coverage.
Insuring your fleet can be pricey, but there are discounts available that you may not even be aware of. Certain discounts will be applied at the time of purchase, but a few need to be asked about before you get the savings.
It’s important to understand that many deductions do not apply to the entire policy premium. Some only reduce individual premiums such as liability, collision or medical payments. Just because you may think it’s possible to get free car insurance, companies don’t profit that way. But any discount will help reduce your overall premium however.
To see a list of companies offering auto insurance discounts, click here to view.
An important part of buying insurance is that you know the factors that play a part in calculating the rates you pay for insurance coverage. When you know what positively or negatively impacts premium levels helps enable you to make changes that may reward you with big savings.
Shown below are a partial list of the pieces that factor into rates.
When buying proper insurance coverage for your personal vehicles, there really is not a cookie cutter policy. Every insured’s situation is different and your policy should reflect that. For example, these questions could help you determine whether or not you may require specific advice.
If you can’t answer these questions, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.
Having a good grasp of insurance can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by insurance companies.
Collision insurance
Collision coverage will pay to fix damage to your C-Class from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.
Collision coverage pays for things such as hitting a mailbox, crashing into a ditch, colliding with another moving vehicle, crashing into a building and damaging your car on a curb. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to choose a higher deductible to save money on collision insurance.
Coverage for medical payments
Med pay and PIP coverage provide coverage for expenses for funeral costs, prosthetic devices, ambulance fees, hospital visits and surgery. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay
Liability car insurance
Liability insurance can cover injuries or damage you cause to other people or property by causing an accident. It protects you against other people’s claims, and does not provide coverage for your own vehicle damage or injuries.
Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Alternatively, you may have a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability can pay for claims such as medical expenses, loss of income and attorney fees. The amount of liability coverage you purchase is a personal decision, but consider buying higher limits if possible.
Uninsured and underinsured coverage
This gives you protection when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Mercedes-Benz C-Class.
Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea. Frequently these coverages do not exceed the liability coverage limits.
Comprehensive coverages
Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply 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, rock chips in glass, hail damage, theft and hitting a deer. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
We just covered quite a bit of information on how to save on 2015 Mercedes-Benz C-Class insurance. The key concept to understand is the more quotes you get, the higher your chance of finding lower rates. You may even find the best prices are with the smaller companies. Regional companies may often insure only within specific states and give getter rates than their larger competitors like Geico and State Farm.
Lower-priced insurance is definitely available on the web as well as from independent agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies don’t offer you the ability to get quotes online and many times these regional insurance providers only sell through independent insurance agents.
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