Compare 2001 Mercedes-Benz CL-Class Insurance Rates

Looking for lower insurance rates for your Mercedes-Benz CL-Class? Do you get frustrated by the number of insurance choices? You’re not alone. Drivers have so many choices to choose from that it can be a difficult situation to lower your premium rates.

Discounts to earn cheaper insurance coverage rates

Some insurance providers don’t always list every available discount very clearly, so the list below contains some of the best known and the harder-to-find credits that may apply to you.

• Telematics Discount – Drivers that enable their insurance coverage company to study driving manner by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive might get better premium rates as long as the data is positive.
• Senior Citizen Rates – Mature drivers can possibly qualify for better insurance coverage rates on CL-Class coverage.
• No Accidents – Good drivers with no accidents get the best insurance coverage rates as compared to accident-prone drivers.
• Discounts for Responsible Drivers – Drivers without accidents may receive a discount up to 45% on CL-Class coverage as compared to drivers with claims.
• Distant College Student Discount – College-age children who are enrolled in a college that is more than 100 miles from home and leave their car at home could qualify for this discount.
• Pay Early and Save – If paying your policy premium upfront as opposed to paying monthly you could save 5% or more.
• Own a Home – Simply owning a home can get you a discount due to the fact that maintaining a home demonstrates responsibility.
• Driver Education Discount – Teen drivers should participate in a local driver’s education class as it will make them better drivers and lower rates.
• Early Renewal Discounts – Some companies reward drivers for switching companies before your current policy expires. It’s a savings of about 10%.

While discounts sound great, it’s important to understand that some credits don’t apply to your bottom line cost. The majority will only reduce specific coverage prices like medical payments or collision. Despite the appearance that you can get free auto insurance, it just doesn’t work that way.

A list of companies and a partial list of their discounts include:

• Progressive offers discounts for homeowner, multi-policy, online signing, multi-vehicle, and good student.
• MetLife offers discounts including multi-policy, accident-free, claim-free, good student, and good driver.
• Mercury Insurance policyholders can earn discounts including location of vehicle, type of vehicle, low natural disaster claims, anti-theft, ease of repair, accident-free, and multi-policy.
• Nationwide offers premium reductions for family plan, easy pay, multi-policy, business or organization, and Farm Bureau membership.
• Geico has savings for emergency military deployment, driver training, anti-theft, air bags, military active duty, and anti-lock brakes.
• AAA includes discounts for multi-policy, good student, pay-in-full, AAA membership discount, and education and occupation.

Double check with all companies you are considering to give you their best rates. Some credits might not be available to policyholders in your area. To locate insurance companies who offer online insurance coverage quotes, follow this link.

How do insurers determine Mercedes-Benz CL-Class insurance prices?

Smart consumers have a good feel for the different types of things that go into determining your premiums. If you have some idea of what impacts premium levels, this enables informed choices that may reward you with lower premium levels. Multiple criteria are part of the calculation when quoting car insurance. Most are fairly basic like an MVR report, but other criteria are less apparent like your continuous coverage or how safe your car is.

The items below are just a few of the factors companies use to determine your rates.

• When should you file a policy claims? – If you are a frequent claim filer, you can expect higher rates. Companies provide discounts to people who file claims infrequently. Your insurance policy is intended to be relied upon for larger claims.
• Your car’s features help determine insurance rates – Choosing to buy a car with a theft deterrent system can get you a discount on your insurance. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms all aid in stopping car theft.
• Drive less and save – The more you drive your Mercedes-Benz every year the higher your rates will be. A lot of insurance companies calculate rates based upon how the vehicle is primarily used. Autos that have low annual miles can get a lower rate than cars that get driven a lot. A policy that improperly rates your CL-Class may be wasting your money. It’s a good idea to make sure your policy states how each vehicle is driven.
• Rates for males may be higher – Statistics show females are less aggressive when driving. It does not mean women are better drivers. Both genders have auto accidents at about the same rate, but guys tend to have higher claims. Men also tend to get ticketed for serious violations such as DWI and reckless driving.
• Never allow your policy to lapse – Having an insurance coverage lapse is a quick way to pay more for insurance. And not only will your rates increase, the inability to provide proof of insurance can result in a license revocation or jail time. You may have to submit proof of financial responsibility or a SR-22 with your state DMV.
• Additional coverages that may be costing you – There are a lot of additional coverages that you can buy on your insurance policy. Add-on coverages like personal injury protection, accident forgiveness, and term life insurance are probably not needed. They may seem good when you first buy your policy, but your needs may have changed so think about removing them and cutting costs.
• Lower rates come with age – More experienced drivers have been proven to be more responsible, cost insurance companies less in claims , and usually have better credit.Youthful drivers tend to be inattentive and easily distracted with other occupants in the car therefore insurance rates are much higher.

Tailor your auto insurance coverage to you

When choosing adequate coverage, there really is no cookie cutter policy. Every situation is different.

Here are some questions about coverages that can help discover if your insurance needs could use an agent’s help.

• Does my policy cover my teen driver if they drive my company car?
• Is my vehicle covered by my employer’s policy when using it for work?
• Who is covered by my policy?
• What is PIP insurance?
• Am I covered when pulling a rental trailer?
• Do I need higher collision deductibles?
• Can I rate high risk drivers on liability-only vehicles?
• What discounts do I qualify for?
• Is upholstery damage covered by car insurance?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, take a second and complete this form.

Auto insurance coverage considerations

Having a good grasp of your auto insurance policy helps when choosing the best coverages for your vehicles. Auto insurance terms can be ambiguous and coverage can change by endorsement.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as damage to your Mercedes-Benz CL-Class.

Because many people only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive coverages

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like vandalism, rock chips in glass and falling objects. The highest amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Coverage for medical payments

Med pay and PIP coverage kick in for bills like dental work, prosthetic devices and funeral costs. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers both the driver and occupants as well as being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Coverage for liability

Liability coverage protects you from damages or injuries you inflict on other’s property or people by causing an accident. It protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, structural damage, court costs, repair costs for stationary objects and emergency aid. The amount of liability coverage you purchase is up to you, but you should buy higher limits if possible.

Collision coverage protection

This coverage will pay to fix damage to your CL-Class from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as scraping a guard rail, colliding with another moving vehicle, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from vehicles that are 8 years or older. Drivers also have the option to raise the deductible to bring the cost down.

Shop Smart and Save

Consumers leave their current company for a number of reasons such as high rates after DUI convictions, unfair underwriting practices, delays in paying claims and poor customer service. It doesn’t matter what your reason, finding a new company can be less work than you think.

Throughout this article, we presented quite a bit of information on how to save on 2001 Mercedes-Benz CL-Class insurance. The most important thing to understand is the more you quote insurance coverage, the better chance you’ll have of finding affordable insurance coverage. You may even discover the lowest priced car insurance comes from a company that doesn’t do a lot of advertising.

Cheaper car insurance can be found online and from local insurance agents, and you should be comparing both in order to have the best chance of saving money. Some insurance providers do not offer the ability to get quotes online and usually these small, regional companies only sell coverage through independent insurance agents.

Additional articles

• Where can I buy Insurance? (Insurance Information Insitute)
• Tools for Teen Driving Safety (State Farm)
• Car Insurance for Teen Drivers with Divorced Parents (Allstate)
• Should I Purchase an Umbrella Liability Policy? (Insurance Information Insitute)