2007 Mercedes-Benz CLK-Class Insurance Rates – 8 Ways to Save

Searching for cheaper insurance for a Mercedes-Benz CLK-Class could be an all-consuming task, but you can follow our insurance buying tips to make it easier.

There is a right way and a wrong way to buy insurance so we’re going to tell you the quickest way to quote coverages for your Mercedes-Benz and obtain the lowest price.

It’s a great practice to compare rates before your policy renews since insurance prices go up and down regularly. Even if you got the lowest rates for CLK-Class insurance last year a different company probably has better rate quotes today. Forget all the misinformation about insurance because it’s time to teach you the best way to find lower rates on insurance.

Do you qualify for discount auto insurance?

Auto insurance is expensive, but there’s a good chance there are discounts that could help you make your next renewal payment. Certain credits will be shown when you complete an application, but a few must be asked for prior to receiving the credit.

• Save over 55 – Older drivers can get better auto insurance rates for CLK-Class insurance.
• Multi-policy Discount – When you combine your auto and home insurance with the same insurance company you may save at least 10% off all policies.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices are stolen with less frequency and will save you 10% or more.
• Distant Student Discount – Older children who are attending college and don’t have a car may be able to be covered for less.
• Good Grades Discount – This discount may save as much as 25% on a car insurance quote. Most companies allow this discount until age 25.
• E-sign – Some insurance companies will give a small break for buying a policy and signing up on the internet.
• New Vehicle Savings – Buying a new car instead of a used car can cost up to 25% less due to better safety requirements for newer vehicles.
• Clubs and Organizations – Joining qualifying clubs or civic groups may earn a discount when shopping for auto insurance.

As is typical with insurance, most discounts do not apply to the entire policy premium. The majority will only reduce individual premiums such as comp or med pay. Even though it may seem like you would end up receiving a 100% discount, companies wouldn’t make money that way. But all discounts will cut your auto insurance premiums.

A few of the larger companies and a partial list of their discounts are outlined below.

• State Farm has savings for passive restraint, multiple policy, driver’s education, defensive driving training, anti-theft, and Drive Safe & Save.
• Progressive includes discounts for online quote discount, continuous coverage, multi-policy, online signing, homeowner, good student, and multi-vehicle.
• Travelers offers discounts for good student, continuous insurance, IntelliDrive, multi-policy, payment discounts, multi-car, and new car.
• American Family discounts include air bags, TimeAway discount, mySafetyValet, defensive driver, good student, early bird, and bundled insurance.
• Liberty Mutual policyholders can earn discounts including newly married, hybrid vehicle, new graduate, teen driver discount, preferred payment discount, and new vehicle discount.

Double check with each company or agent to give you their best rates. Some of the discounts discussed earlier might not be offered on policies in your area. If you would like to choose from a list of insurers with the best auto insurance discounts, click here to view.

Beware of misleading car insurance ads

Consumers get pounded daily by advertisements that claim the cheapest auto insurance rates by companies like State Farm and Allstate. All the ads convey the message that you can save if you switch your policy.

How do they all charge you less for auto insurance?

All the different companies require specific criteria for the type of insured that earns them the most money. A good example of a driver they prefer might be over the age of 40, has no prior claims, and drives newer vehicles. Any new insured who fits those characteristics will qualify for the lowest auto insurance rates and most likely will save quite a bit of money when switching.

Insureds who do not fit those criteria will get a more expensive rate which translates to business not being written. If you listen to the ad wording, they say “people who switch” not “everyone that quotes” can get the lowest rates when switching. That’s why insurance companies can lure you into getting a quote.

Because of this risk profiling, you really need to compare many company’s prices. It’s just too difficult to predict with any certainty which company will have the best premium rates.

What insurance coverages do I need?

When choosing proper insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s needs are different.

For example, these questions may help you determine if your situation will benefit from professional help.

• Why is insurance for a teen driver so high?
• Can my teen driver be rated on a liability-only vehicle?
• Should I buy full coverage?
• Do all my vehicles need collision coverage?
• How can I force my company to pay a claim?
• Do I benefit by insuring my home with the same company?
• When would I need rental car insurance?
• What is covered by UM/UIM coverage?
• Are rock chip repairs covered?
• Is my nanny covered when driving my vehicle?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It only takes a few minutes and can help protect your family.

Auto insurance policy specifics

Learning about specific coverages of auto insurance can be of help when determining the right coverages for your vehicles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording.

Comprehensive coverages – This coverage pays for 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 can pay for things like vandalism, damage from flooding, damage from getting keyed and falling objects. The most you’ll receive from a claim is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability car insurance – Liability coverage provides protection from injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, a limit of $100,000 in injury protection per accident, and a total limit of $50,000 for damage to vehicles and property. Another option is a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage protects against things like repair costs for stationary objects, loss of income and medical expenses. How much liability coverage do you need? That is up to you, but buy as much as you can afford.

Collision coverage – This coverage will pay to fix damage to your CLK-Class resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like crashing into a ditch, colliding with a tree, scraping a guard rail and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible in order to get cheaper collision rates.

Coverage for medical payments – Med pay and PIP coverage pay for short-term medical expenses for ambulance fees, doctor visits, rehabilitation expenses and nursing services. They can be used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible

Uninsured and underinsured coverage – This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz CLK-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these coverages are set the same as your liablity limits.

Be a money saver!

Consumers who switch companies do it for a variety of reasons including an unsatisfactory settlement offer, lack of trust in their agent, delays in responding to claim requests or even extreme rates for teen drivers. No matter why you want to switch, finding a great new company is pretty simple and you could end up saving a buck or two.

Some auto insurance companies may not offer online rate quotes and usually these small insurance companies only sell coverage through local independent agents. Lower-priced 2007 Mercedes-Benz CLK-Class insurance can be bought both online as well as from independent agents, so you should compare both to have the best selection.

As you quote car insurance, don’t be tempted to sacrifice coverage to reduce premiums. Too many times, someone sacrificed uninsured motorist or liability limits to discover at claim time that it was a big mistake. The aim is to find the BEST coverage at a price you can afford and still be able to protect your assets.

Other information

• Anti-Lock Brake FAQ (iihs.org)
• Auto Insurance FAQ (Farmers Insurance)
• Collision Insurance Coverage (Nationwide)
• State Car Insurance Guides (Geico)
• Teen Driver Licensing Information (iihs.org)