Cheaper 2015 Mercedes-Benz GLK-Class Car Insurance Rates

Finding the cheapest insurance coverage on the internet may be intimidating for people who are new to buying insurance on the web. When there are so many insurance companies available, how can drivers have a chance to compare every company to locate the best available price?

It is always a good idea to compare prices occasionally because insurance rates go up and down regularly. Despite the fact that you may have had the lowest rates on GLK-Class insurance last year there is a good chance you can find better rates now. So forget anything you know (or think you know) about insurance coverage because you’re going to get a crash course in one of the easiest ways to reduce your cost while increasing coverage.

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

An important part of buying insurance is that you know the factors that help determine your auto insurance rates. Understanding what determines base rates enables informed choices that will entitle you to much lower annual insurance costs.

  • Low deductibles can be expensive – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Mercedes-Benz from damage. Some examples of claims that would be covered would be collision with another vehicle, vandalism, or theft. Physical damage deductibles are the amount of money you are required to spend before your auto insurance pays a claim. The higher the amount the insured has to pay upfront, the bigger discount you will receive on GLK-Class insurance.
  • Traffic violations increase rates – Your driving record has a lot to do with how much you pay for insurance. Even a single ticket may increase your cost by twenty percent. Drivers with clean records tend to pay less for car insurance than their less careful counterparts. Drivers who get dangerous violations such as hit and run, DWI or reckless driving convictions may be required to submit a SR-22 form with their state DMV in order to prevent a license revocation.
  • Lower miles equals lower premium – The more miles you rack up on your Mercedes-Benz in a year the higher your rates will be. The majority of insurers apply a rate based on how the vehicle is used. Cars left parked in the garage can get a lower rate as compared to vehicles used primarily for driving to work. An improperly rated GLK-Class may be costing you. Make sure your auto insurance policy shows how each vehicle is driven, because it can save money.
  • Where you live – Residing in a rural area is a positive aspect when talking about auto insurance. Fewer drivers translates into fewer accidents. City drivers have more traffic problems and longer commute times. More time commuting means higher likelihood of an accident.
  • Frequent auto insurance claims increase rates – If you file claims often, you can definitely plan on higher rates. Auto insurance companies give lower rates to people who file claims infrequently. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.

How to save on Mercedes-Benz GLK-Class insurance

Auto insurance companies don’t always list every discount in an easy-to-find place, so we break down some of the best known and the harder-to-find discounts you could be receiving.

  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can reduce accidents and earn discounts up to 10%.
  • Discount for New Cars – Insuring a new car can cost up to 25% less compared to insuring an older model.
  • Military Rewards – Being on active duty in the military can result in better rates.
  • Sign Early and Save – Select companies give a discount for signing up prior to your current policy expiration. It can save you around 10%.
  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
  • Federal Employees – Employees or retirees of the government can earn a discount up to 10% on GLK-Class insurance with select insurance companies.
  • Paperless Signup – Certain companies will give a small break simply for signing over the internet.
  • Drivers Ed for Students – Have your child complete a driver education course if offered at their school.

As a disclaimer on discounts, some of the credits will not apply to the overall cost of the policy. Some only apply to specific coverage prices like comprehensive or collision. So when the math indicates having all the discounts means you get insurance for free, insurance companies aren’t that generous.

Insurance companies that may have these discounts may include but are not limited to:

Before buying, ask each company which discounts you may be entitled to. Savings may not be available in every state.

Beware of misleading car insurance ads

Companies like State Farm and Allstate constantly bombard you with ads on TV and radio. All the ads say the same thing of big savings if you switch your coverage to them. But how can every company say the same thing? It’s all in the numbers.

All the different companies have a certain “appetite” for the type of customer they prefer to insure. An example of a driver they prefer could possibly be a mature driver, a clean driving record, and drives newer vehicles. A customer who fits that profile receives the best rates and as a result will probably pay quite a bit less when switching companies.

Drivers who don’t qualify for the “perfect” profile will be quoted higher rates and this can result in business going elsewhere. Company advertisements say “drivers who switch” but not “drivers who get quotes” save that much. That’s the way insurance companies can confidently state the savings. This emphasizes why you need to get quotes from several different companies. It is impossible to predict which insurance companies will provide you with the cheapest Mercedes-Benz GLK-Class insurance rates.

Tailor your coverage to you

When choosing adequate coverage, there really is no “best” method to buy coverage. Everyone’s situation is a little different.

Here are some questions about coverages that may help you determine whether you will benefit from professional help.

  • Should I buy full coverage?
  • I have health insurance so do I need medical payments coverage?
  • Is my 2015 Mercedes-Benz GLK-Class covered for smoke damage?
  • How many claims can I have before being cancelled?
  • What exactly is covered by my policy?
  • Is a fancy paint job covered?
  • Why am I required to get a high-risk car insurance policy?

If you don’t know the answers to these questions but a few of them apply then you might want to talk to a licensed agent. To find an agent in your area, fill out this quick form.

Insurance policy specifics

Knowing the specifics of your policy helps when choosing the best coverages for your vehicles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Liability

Liability coverage will cover damage or injury you incur to other people or property in an accident. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show policy limits of 25/50/25 that means you have a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims like repair costs for stationary objects, funeral expenses, medical services, loss of income and bail bonds. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2015 Mercedes-Benz GLK-Class.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for bills for things like X-ray expenses, doctor visits, chiropractic care and hospital visits. They are often used to fill the gap from your health insurance program or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers any family member struck as a pedestrian. PIP is only offered in select states and gives slightly broader coverage than med pay

Collision insurance

Collision insurance pays for damage to your GLK-Class resulting from a collision with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as hitting a mailbox, scraping a guard rail, backing into a parked car, sideswiping another vehicle and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.

Comprehensive coverage

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like hitting a bird, fire damage and a broken windshield. The highest 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.

Make a quick buck

We just showed you quite a bit of information on how to get a better price on 2015 Mercedes-Benz GLK-Class insurance. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding lower rates. You may be surprised to find that the most savings is with a smaller regional carrier.

The cheapest insurance is possible online and with local insurance agents, so you should compare both to have the best selection. Some insurance providers do not offer online quoting and most of the time these smaller companies sell through independent agents.

As you restructure your insurance plan, it’s a bad idea to sacrifice coverage to reduce premiums. There are many occasions where consumers will sacrifice comprehensive coverage or liability limits and found out when filing a claim they didn’t purchase enough coverage. The aim is to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.

For more information, feel free to browse these articles: