2000 Mercedes-Benz SLK-Class Car Insurance Rates – 6 Tips for Cheaper Quotes

Cutting costs on Driversinsurance may be a challenge for people not familiar with quoting coverage prices online. When there are so many insurance companies available, it can be a real challenge to find cheaper prices.

The quickest method we recommend to compare rate quotes is to realize auto insurance companies provide online access to give free rates quotes. All consumers are required to do is take a few minutes to give details including whether you are single or married, the type of vehicles you drive, if the vehicle is leased, and whether you drive to work or school. Those rating factors gets sent immediately to multiple different insurance companies and they return cost estimate almost instantly.

To compare multiple company rates now, click here and enter your zip code.

These six discounts can lower auto insurance rates

Some providers do not list the complete list of policy discounts very well, so the below list has both the well known as well as the least known credits that you can use to lower your rates.

• Air Bags and Passive Restraints – Vehicles equipped with air bags or automatic seat belts may qualify for discounts of 25 to 30%.
• Seat Belt Usage – Requiring all passengers to wear their seat belts can save 10% or more off the PIP or medical payment premium.
• Multiple Policy Discount – If you insure your home and vehicles and insure them with the same company you could get a discount of nearly 15% which can help you find cheaper car insurance.
• Active Military Service – Having a family member in the military may qualify for rate reductions.
• Claim-Free Discount – Good drivers with no accidents can save substantially in comparison with drivers who are more careless.
• Senior Citizen Rates – Drivers over the age of 55 can possibly qualify for a small decrease in premiums on SLK-Class insurance.

Drivers should understand that most discount credits are not given to the entire policy premium. The majority will only reduce specific coverage prices like liability, collision or medical payments. So even though they make it sound like you would end up receiving a 100% discount, nobody gets a free ride.

To see providers who offer cheap auto insurance quotes, click this link.

When do I need an agent’s advice?

When choosing proper insurance coverage, there really is no single plan that fits everyone. Every insured’s situation is different.

Here are some questions about coverages that might help in determining whether your personal situation could use an agent’s help.

• How do I insure my teen driver?
• Is upholstery damage covered by car insurance?
• Am I covered if my car is in a flood?
• Do I need rental car coverage?
• Which companies will insure high-risk drivers?
• Why am I required to buy high-risk coverage?
• What is the ISO rating for a 2000 Mercedes-Benz SLK-Class?
• What happens if I owe more than my 2000 Mercedes-Benz SLK-Class is worth?
• Will my rates increase for filing one claim?

If you can’t answer these questions but one or more may apply to you then you might want to talk to a licensed agent. If you don’t have a local agent, fill out this quick form.

Auto insurance policy specifics

Having a good grasp of your auto insurance policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be ambiguous and coverage can change by endorsement.

Comprehensive coverage

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hail damage, damage from getting keyed, damage from flooding, vandalism and hitting a bird. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverage

Collision coverage pays for damage to your SLK-Class resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a parking meter, sideswiping another vehicle, damaging your car on a curb and scraping a guard rail. This coverage can be expensive, so you might think about dropping it from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like rehabilitation expenses, nursing services, doctor visits, hospital visits and funeral costs. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

This protects you and your vehicle when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Usually your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverages

This protects you from damage or injury you incur to a person or their property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against claims such as loss of income, bail bonds and repair bills for other people’s vehicles. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.