2005 Mercedes-Benz SLK-Class Car Insurance Quotes

If you’re shopping for cheaper insurance online, are you overwhelmed by the crazy number of car insurance companies in your area? Lot’s of other drivers are too. You have so many companies to choose from that it can turn into a burden to find the best rates.

You need to do rate comparisons at least once a year because prices tend to go up over time. If you had the best deal for SLK-Class insurance on your last policy you may be paying too much now. You can search a lot of car insurance on the internet, but we’re going to give you some of the best techniques to quit paying high car insurance rates.

The fastest way that we advise to compare car insurance rates takes advantage of the fact auto insurance companies actually pay money for the chance to give free rates quotes. The one thing you need to do is provide a little information like whether you drive to work or school, your credit rating estimate, daily mileage, and your education level. Your insurance information gets transmitted to insurance companies and they return quotes instantly to find the best rate.

Find discounts to get cheap insurance coverage quotes

Companies don’t always list every discount they offer very clearly, so we break down both well-publicized and the more hidden credits that you can use to lower your rates.

• Seat Belt Discounts – Using a seat belt and requiring all passengers to use a seat belt could cut 10% or more off PIP or medical payments premium.
• Include Life Insurance and Save – If the company offers life insurance, you could get a discount if you purchase some life insurance in addition to your auto policy.
• Savings for New Vehicles – Insuring a vehicle that is new is cheaper compared to insuring an older model.
• Paperwork-free – Some insurance coverage companies give back up to $50 simply for signing over the internet.
• Telematics Devices – Drivers that enable their insurance company to monitor driving patterns by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive may see discounts if they have good driving habits.
• Driver Safety – Passing a defensive driving class could cut 5% off your bill if you qualify.
• ABS Brakes – Cars and trucks equipped with ABS or steering control can reduce accidents and qualify for as much as a 10% discount.
• Federal Government Employee – Employees or retirees of the government may reduce rates when you quote auto insurance for SLK-Class insurance with certain companies.
• Good Student – Excelling in school can get you a discount of up to 25%. Earning this discount can benefit you up to age 25.
• Policy Bundle Discount – If you can bundle your auto and home insurance and insure them both with the same insurance company they may give you a discount of 10% to 20% off each policy.

One last thing about discounts, many deductions do not apply to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. Even though it may seem like you could get a free insurance coverage policy, company stockholders wouldn’t be very happy.

Car insurance companies that may have these benefits include:

• Progressive
• AAA
• Farmers Insurance
• Geico
• Esurance
• SAFECO
• State Farm

When comparing rates, check with every prospective company to give you their best rates. Some discounts listed above might not be offered on policies in your area. To see insurance coverage companies with the best discounts, click here.

Tailor your car insurance coverage to you

When it comes to choosing adequate coverage for your personal vehicles, there really is no cookie cutter policy. Everyone’s situation is unique.

For example, these questions might help in determining if your situation would benefit from an agent’s advice.

• Can I afford low physical damage deductibles?
• Can I rate high risk drivers on liability-only vehicles?
• Are split liability limits better than a combined single limit?
• Why am I be forced to buy a membership to get insurance from some companies?
• Is my trailer covered?
• Is borrowed equipment or tools covered if stolen or damaged?
• Is my business laptop covered if it gets stolen from my vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form.

Mercedes-Benz SLK-Class insurance cost factors

An important part of buying insurance is that you know the rating factors that come into play when calculating your insurance coverage rates. When you know what positively or negatively influences your rates, this empowers consumers to make smart changes that could help you find better insurance coverage rates.

• Your job can affect rates – Do you have a high-stress occupation? Careers like military personnelairline pilots and dentists tend to have the highest rates because of intense work situations and long work hours. On the other hand, jobs such as professors, engineers and homemakers have the lowest average rates for SLK-Class insurance.
• Gender and auto insurance prices – Over the last 30 years, statistics show women are more cautious behind the wheel. This data doesn’t prove that women are better drivers. Males and females tend to get into accidents in similar numbers, but males tend to have higher claims. Men also statistically receive more costly citations such as DWI and reckless driving. Youthful male drivers generally have the highest accident percentage and are penalized with high insurance coverage rates.
• Always keep your policy in place – Going without insurance can be a quick way to trigger a rate increase. And not only will insurance be more expensive, being ticketed for driving with no insurance could result in a hefty fine and possibly a revoked license.
• Know your vehicle’s crash test rating – Safer cars tend to have lower insurance rates. The safest vehicles reduce the chance of injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates.
• When should you not file a claims? – If you’re an insured who likes to file claims you can pretty much guarantee higher premiums or even policy non-renewal. Auto insurance companies award lower rates to drivers who are claim-free. Insurance coverage is meant to be used in the event of major claims that would cause financial hardship.

Auto insurance coverage options for a Mercedes-Benz SLK-Class

Knowing the specifics of a auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be confusing and coverage can change by endorsement.

Comprehensive auto insurance

This coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as vandalism, hitting a bird, damage from flooding, damage from a tornado or hurricane and theft. The most you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability coverages

Liability insurance will cover damage or injury you incur to other’s property or people in an accident. It protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 that means you have a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability coverage protects against things like attorney fees, court costs, loss of income, legal defense fees and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but you should buy higher limits if possible.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for expenses for surgery, chiropractic care, X-ray expenses, doctor visits and nursing services. They are used in conjunction with a health insurance policy or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Collision protection

Collision coverage will pay to fix damage to your SLK-Class resulting from colliding with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as hitting a parking meter, scraping a guard rail, rolling your car and driving through your garage door. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries to you and your family as well as damage to your Mercedes-Benz SLK-Class.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important.

What is YOUR best insurance company?

Affordable 2005 Mercedes-Benz SLK-Class insurance is attainable both online in addition to many insurance agents, so you should compare both in order to have the best chance of saving money. Some insurance companies do not provide online quoting and these regional carriers only sell through independent insurance agencies.

As you restructure your insurance plan, it’s a bad idea to buy poor coverage just to save money. In too many instances, someone dropped collision coverage and found out when filing a claim that their decision to reduce coverage ended up costing them more. Your aim should be to purchase a proper amount of coverage for the lowest cost, but don’t skip important coverages to save money.

We just presented many ways to compare 2005 Mercedes-Benz SLK-Class insurance prices online. The most important thing to understand is the more companies you get rates for, the better your chances of lowering your rates. You may be surprised to find that the best prices are with a company that doesn’t do a lot of advertising.

Additional detailed information can be found in these articles:

• What does Personal Injury Protection (PIP) Cover? (Allstate)
• Auto Insurance 101 (About.com)
• What if I Can’t Find Coverage? (Insurance Information Insitute)
• Electronic Stability Control FAQ (iihs.org)
• Safety Tips for Teen Drivers (Insurance Information Insitute)