Lower Your 2007 Mercedes-Benz CL-Class Insurance Cost

Looking for better insurance coverage rates for your Mercedes-Benz CL-Class? Being forced to pay for pricey insurance coverage premiums can sap your savings and force you to make tough financial choices. Shopping your coverage around can help to reduce premiums and put more money in your pocket.

Many insurers compete for your hard-earned dollar, and because of this it can be hard to compare insurers and uncover the absolute best rate

If you are insured now or are looking for a new policy, you will benefit by learning to cut your premiums and possibly find even better coverage. Choosing the best insurance company for you is quite easy. Vehicle owners only need an understanding of how to compare company rates on the web.

Affordable insurance coverage quotes with discounts

Auto insurance companies don’t always advertise every policy discount very well, so the following list contains both well-publicized as well as some of the hidden savings tricks you should be using when you buy auto insurance online. If you aren’t receiving every discount you qualify for, you may be paying too high a price.

  • Senior Citizen Rates – Mature drivers can possibly qualify for reduced rates on CL-Class insurance.
  • Memberships – Being a member of a civic or occupational organization can get you a small discount on your next insurance coverage statement.
  • Fewer Miles Equal More Savings – Low mileage vehicles could qualify for lower premium rates on the low mileage vehicles.
  • Safe Drivers – Insureds without accidents may save up to 50% more on CL-Class insurance than less cautious drivers.
  • Policy Bundle Discount – When you combine your auto and home insurance and insure them both with the same insurance company you could earn a discount of at least 10% off all policies.
  • Driver’s Ed – Have your child participate in a local driver’s education class if offered at their school.
  • Include Life Insurance and Save – Some companies give a discount if you purchase a life insurance policy as well.
  • Distant Student Discount – Older children who are enrolled in a college that is more than 100 miles from home and leave their car at home can be insured at a reduced rate.
  • Full Payment Discount – By paying your entire bill at once instead of making monthly payments you could save up to 5%.

As a footnote on discounts, most of the big mark downs will not be given to the overall cost of the policy. Most only apply to the cost of specific coverages such as liability and collision coverage. So even though it sounds like you would end up receiving a 100% discount, companies don’t profit that way. But all discounts should help reduce your overall bill.

Large insurance coverage companies and a summarized list of policyholder discounts include:

  • Mercury Insurance may offer discounts for annual mileage, good student, good driver, multi-policy, type of vehicle, multi-car, and professional/association.
  • Farmers Insurance may include discounts for early shopping, teen driver, mature driver, youthful driver, homeowner, distant student, and bundle discounts.
  • Farm Bureau includes discounts for renewal discount, safe driver, multi-vehicle, multi-policy, and youthful driver.
  • State Farm may have discounts that include student away at school, passive restraint, Steer Clear safe driver discount, multiple autos, and multiple policy.
  • Allstate discounts include EZ pay plan discount, passive restraint, senior citizen, premier discount, utility vehicle, anti-theft, and anti-lock brakes.
  • Geico has savings for defensive driver, military active duty, seat belt use, emergency military deployment, driver training, multi-vehicle, and daytime running lights.

When getting free auto insurance quotes, it’s a good idea to every company which credits you are entitled to. All car insurance discounts may not be offered in your area.

Smart buyers save on insurance

Many different elements are used when you quote your car insurance policy. Some are pretty understandable such as traffic violations, but some are not as apparent such as your credit history or your vehicle rating.Part of the auto insurance buying process is learning some of the things that play a part in calculating your premiums. When consumers understand what controls the rates you pay, this allows you to make good choices that can help you get much lower annual insurance costs.

The following are some of the factors utilized by car insurance companies to help set your rates.

  • Vehicle options can affect premiums – Choosing a vehicle that has an advanced theft prevention system can help bring down rates. Theft prevention devices such as LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft and help bring rates down.
  • Lower rates with a multi-policy discount – Most insurance companies provide lower prices to insureds that buy multiple policies such as combining an auto and homeowners policy. Discounts can be five, ten or even twenty percent. Even though this discount sounds good, drivers will still want to compare other company rates to help guarantee you have the best rates. It’s possible to still save more without the discount even if you have your coverage with different companies
  • Cars with good safety ratings cost less to insure – Safe vehicles tend to have lower insurance rates. These vehicles reduce injuries and lower rates of occupant injuries means lower claim amounts which can mean better rates for you.
  • Accidents increase prices – Even a single citation can boost insurance rates twenty percent or more. Drivers who don’t get tickets receive lower rates as compared to those with violations. Drivers who have received careless citations like hit and run, DWI or reckless driving convictions may need to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to prevent their license from being revoked.
  • Age of drivers impacts prices – Drivers with little experience are known to be inattentive when behind the wheel therefore auto insurance rates are much higher. Older, more experienced drivers tend to be more responsible, file fewer claims and are safer drivers.
  • The higher your credit rating the lower your rates – Your credit score is a big factor in your rate calculation. So if your credit rating could use some work, you could save money insuring your 2007 Mercedes-Benz CL-Class by improving your rating. Insureds that have very good credit scores tend to file fewer claims and have better driving records than those with worse credit.
  • Do you work long hours in a tough vocation? – Did you know your career choice can influence rates? Occupations like doctorsairline pilots and medical professionals usually pay higher premiums than the average policyholder due to intense work-related stress and long work hours. Other careers like farmers, students and performers pay lower than average rates on CL-Class insurance.

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage, there is no single plan that fits everyone. Everyone’s situation is unique so this has to be addressed. For instance, these questions may help highlight whether you might need an agent’s assistance.

  • What companies insure drivers after a DUI or DWI?
  • Will my rates increase for filing one claim?
  • When should I not file a claim?
  • Are split liability limits better than a combined single limit?
  • Do I need motorclub coverage?
  • Is my custom paint covered by insurance?
  • Is a new car covered when I drive it off the dealer lot?

If you don’t know the answers to these questions but you know they apply to you, you may need to chat with a licensed agent. To find an agent in your area, take a second and complete this form or you can also visit this page to select a carrier It’s fast, doesn’t cost anything and can help protect your family.

Information about specific coverages

Having a good grasp of your insurance policy can help you determine appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are typical coverages found on the average insurance policy.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses like nursing services, prosthetic devices, EMT expenses, chiropractic care and doctor visits. They are often used to cover expenses not covered by your health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Uninsured or underinsured coverage

This provides protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz CL-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important. Usually these limits are identical to your policy’s liability coverage.

Liability auto insurance

This provides protection from damage or injury you incur to other’s property or people that is your fault. This coverage protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which stand for $25,000 in coverage for each person’s 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 provides one coverage limit with no separate limits for injury or property damage.

Liability insurance covers claims such as medical services, medical expenses, repair bills for other people’s vehicles, loss of income and attorney fees. How much liability should you purchase? That is up to you, but buy as much as you can afford.

Comprehensive protection

Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hitting a deer, damage from flooding, falling objects, rock chips in glass and fire damage. The maximum payout your insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverage protection

Collision insurance pays for damage to your CL-Class caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sideswiping another vehicle, sustaining damage from a pot hole, hitting a mailbox, crashing into a ditch and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Be a penny pincher

As you restructure your insurance plan, do not reduce coverage to reduce premium. There have been many cases where drivers have reduced uninsured motorist or liability limits only to regret at claim time that the small savings ended up costing them much more. Your goal is to buy the best coverage you can find for the lowest cost, but do not sacrifice coverage to save money.

In this article, we covered many tips how you can reduce 2007 Mercedes-Benz CL-Class insurance auto insurance rates online. The key thing to remember is the more providers you compare, the higher your chance of finding inexpensive auto insurance. Drivers may discover the biggest savings come from a small local company. Smaller companies can often provide lower premium rates in certain areas than the large multi-state companies such as Allstate, Geico and Progressive.

For more information, take a look at the resources below:

Comments About 2007 Mercedes-Benz CL-Class Insurance

  1. Eunice Haney

    I got quite a few price quotes for a 2007 Mercedes-Benz CL-Class in Raleigh, North Carolina. Ended up at about $110 every six months with American Family. I increased coverages a little too.

  2. Sook Snider

    Allstate is decent in West Valley City, UT.

  3. Marjory Bradley

    From Mesa, Arizona. Quoted prices from MetLife, Esurance, 21st Century, and American Family for my 2007 Mercedes-Benz CL-Class and I think I saved about $70 each month. Was with The General. Teenage drivers are expensive! Just waiting to see how claims go.

  4. Helga Graham

    Not sure what I should be paying. I live in a small town just outside of Grand Rapids, Michigan. I don’t recall every quote but I ended up saving about $20 each month. I recommend comparing lots of rates.

  5. Willa Russo

    I think I’m paying too much. I’m in the suburbs of Bellevue, NE. Quoted with AIG Insurance, Sentry, and a few others for my 2007 Mercedes-Benz CL-Class and saved around $220 a year. Not sure if rates are cheaper online or not.

  6. Amira Fisher

    Proud to be from Denver, CO. Received rates from AAA, Safeco, and some smaller one I can’t remember the name of for my Mercedes-Benz and am saving around $230 a year. I have a teen driver too. Just waiting to see how claims go.

  7. Bula Espinoza

    I got quite a few price quotes for a 2007 Mercedes-Benz CL-Class in Rapid City, SD. Ended up at about $240 every six months with Auto-Owners. Was with Allstate. I even had a DUI years ago. I got prices on the web.

  8. Dudley Trujillo

    I went with State Farm at renewal. Best rates in Hartford, CT. Switched homeowners coverage too. I quoted rates online then called them.

  9. Roxana Petty

    I live just to the north of Huntington, WV. Got prices from American Family, MetLife, and Western Auto Insurance for my CL-Class and I think I am saving around $70 each month. I get multi-vehicle and multi-policy discounts.

  10. Sydney Jarvis

    If you have a clean record and live in the vicinity of Kailua, Hawaii, check out GEICO. You might get cheaper rates. Have a couple speeding tickets too. Highly recommended.

  11. Gilberto Ryan

    I live in a small town just outside of Springfield, MO. Got free quotes online for a 2007 Mercedes-Benz CL-Class. Ended up at about $280 savings annually. Went with State Farm. Was with State Farm. Have a couple speeding tickets too.

  12. Sherika Sparks

    Does North Dakota require me to have car insurance?

  13. Dione Rice

    I got decent rates for a 2007 Mercedes-Benz CL-Class in Aurora, IL. Ended up at roughly $270 every six months with American Family. It never hurts to quote around.