Cheap 2008 Mercedes-Benz CLS-Class Insurance Rates

Sick and tired of robbing Peter to pay Paul to pay high insurance coverage rates every month? You have the same problem as many other drivers. Online insurance companies like Allstate, Liberty Mutual and State Farm all claim big savings with advertising and it can be hard to separate fact from fiction and effectively compare rates to find the best deal.

It’s a good idea to compare prices occasionally because insurance coverage prices change frequently. Even if you got the best deal on CLS-Class insurance on your last policy you will most likely find a better rate quote today. You can find a lot of information about insurance coverage out there, but we’re going to give you some great ways to reduce your insurance coverage bill.

If you have a current car insurance policy or need a new policy, you will benefit by learning to find better prices and still get good coverage. Finding the best rates is quite easy. Drivers just need to understand the most efficient way to get comparison rates over the internet.

How to get free insurance coverage quotes online

Effectively comparing insurance coverage prices can be a daunting task if you don’t understand the easiest way. You could waste time talking to insurance agencies in your area, or you could use online quoting to maximize your effort.

Most of the larger companies belong to a marketplace where prospective buyers only type in their quote data once, and every company then returns a price quote determined by their information. This prevents consumers from doing form submissions to every company.

To access this free quoting program, click here (opens in new window).

One minor caviat to using this type of form is you can’t choose the insurers to get pricing from. If you prefer to choose specific providers to compare prices, we have a page of insurance coverage companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just do your best to enter nearly identical coverages on every quote you get. If you compare different deductibles it will be nearly impossible to make a fair rate comparison.

The insurance bait and switch

Consumers can’t get away from all the ads that promise big savings for switching by State Farm and Allstate. They all seem to make the same claim that you can save if you just switch your policy.

How is it possible that every company can sell you cheaper insurance coverage? This is the trick they use.

All the different companies give the best rates for the type of insured that earns them the most money. For instance, this type of risk profile might have to be over the age of 45, has a low-risk occupation, and insures a new vehicle. Anybody that fits those parameters receive the lowest rate quotes and will probably save if they switch.

Potential insureds who fall short of these criteria will have to pay higher prices with the end result being the driver buying from a lower-cost company. If you pay attention, the ads say “customers who switch” not “everybody who quotes” save money. That’s the way insurance companies can make claims like that.

This emphasizes why you need to compare quotes as often as possible. Because you cannot predict the company that will provide you with the cheapest premium rates.

Why you might pay higher rates

Multiple criteria are used in the calculation when quoting car insurance. Some of the criteria are obvious like your driving record, although others are not quite as obvious like your vehicle usage or your financial responsibility.A large part of saving on insurance is knowing some of the elements that are used to determine the price you pay for insurance. When consumers understand what influences your rates, this enables you to make decisions that could result in cheaper rates.

Listed below are just a few of the factors used by companies to determine premiums.

• Consolidate home and auto and save – Lots of insurance companies will award lower prices for people that purchase more than one policy, otherwise known as a multi-policy discount. Even if you’re getting this discount it’s still a good idea to compare other insurance prices to confirm you are receiving the best rates possible.There is a chance you can save even more by splitting coverages up.
• Credit rating impacts premium premiums – Credit history is a big factor in determining your rates. Therefore, if your credit score could use some work, you could pay less to insure your 2008 Mercedes-Benz CLS-Class if you improve your credit rating. People that have very good credit scores tend to file fewer claims and have better driving records than drivers who have lower credit ratings.
• Discounts for married couples – Having a significant other may save some money when buying insurance. Having a significant other may mean you are more mature and responsible and insurance companies reward insureds because married drivers tend to file fewer claims.
• What are good liability limits? – The liability section of your policy is the coverage that protects you in the event that you are ruled to be at fault for personal injury or accident damage. Your policy’s liability insurance provides you with a defense in court to defend your case. Liability insurance is pretty cheap as compared to coverage for physical damage, so do not cut corners here.
• Insurance rates and age – Older insureds tend to be more responsible, cause fewer claims and accidents and are safer drivers.Beginning drivers have a tendency to be more careless when driving with friends so they pay higher insurance rates.
• Eliminate unneeded extra policy coverages – There are quite a few add-on coverages that can waste your money if you aren’t diligent. Coverage for things like roadside assistance, better glass coverage, and membership fees are some examples. They may seem like a good idea at first, but if you’ve never needed them in the past consider taking them off your policy.
• Insurance rates and your employer – Did you know your occupation can influence how much you pay for insurance? Occupations like fire fighters, executives and medical professionals usually pay the highest rates in part from intense work-related stress and lots of time spent at work. On the other hand, jobs such as farmers, students and performers get better rates on CLS-Class insurance.

Auto Insurance Discounts

Companies don’t always publicize all their discounts very clearly, so we researched a few of the more well known as well as some of the hidden discounts that you can inquire about if you buy car insurance online.

• ABS and Traction Control Discounts – Cars and trucks with ABS braking systems or traction control have fewer accidents so you can save 10 percent or more.
• Resident Student – who attend college more than 100 miles from home and won’t have access to an insured vehicle can receive lower rates.
• Accident-Free Discounts – Good drivers with no accidents have much lower rates as compared to drivers with a long claim history.
• Employee of Federal Government – Simply working for the federal government may reduce rates when you quote car insurance on CLS-Class insurance depending on your company.
• Drive Safe and Save – Accident-free drivers may receive a discount up to 45% on CLS-Class insurance than drivers with accidents.
• One Accident Forgiven – This one is not really a discount per se, but a few companies such as Geico, Progressive, and Allstate will turn a blind eye to one accident without the usual rate increase if you have no claims for a certain period of time.

One last thing about discounts, most of the big mark downs will not be given to the entire cost. Some only reduce individual premiums such as comprehensive or collision. So even though it sounds like adding up those discounts means a free policy, auto insurance companies aren’t that generous.

Popular auto insurance companies and some of the premium reductions they offer are:

• Geico may include discounts for anti-lock brakes, multi-vehicle, emergency military deployment, military active duty, multi-policy, air bags, and membership and employees.
• Mercury Insurance may have discounts that include multi-policy, good driver, ease of repair, type of vehicle, and multi-car.
• Farmers Insurance discounts include business and professional, youthful driver, early shopping, pay in full, teen driver, and mature driver.
• Auto-Owners Insurance policyholders can earn discounts including paid in full, mature driver, company car, anti-lock brakes, student away at school, and teen driver.
• Liberty Mutual includes discounts for multi-car, teen driver discount, hybrid vehicle, new graduate, multi-policy, good student, and exclusive group savings.
• SAFECO may offer discounts for accident prevention training, multi-car, drive less, teen safe driver, safe driver, and bundle discounts.
• Progressive offers discounts including continuous coverage, online quote discount, good student, online signing, multi-policy, multi-vehicle, and homeowner.
• USAA offers discounts for defensive driver, loyalty savings, multi-vehicle, military installation, family discount, and driver training.

When getting free car insurance quotes, it’s a good idea to each company which discounts they offer. Some of the discounts discussed earlier may not apply in your area. If you would like to choose from a list of auto insurance companies with discount rates, follow this link.

Tailor your insurance coverage to you

When it comes to choosing the right insurance coverage for your personal vehicles, there is no “perfect” insurance plan. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. For example, these questions can aid in determining if you will benefit from professional help.

• Does my policy pay for OEM or aftermarket parts?
• Is my business laptop covered if it gets stolen from my vehicle?
• Does coverage extend to my business vehicle?
• Does my liability insurance cover pulling a trailer or camper?
• Can my teen drive my company car?
• When should my teen driver be added to my policy?
• What if I owe more than I can insure my car for?
• Do I need replacement cost coverage on my 2008 Mercedes-Benz CLS-Class?

If you can’t answer these questions but a few of them apply, you may need to chat with a licensed insurance agent. To find an agent in your area, take a second and complete this form or you can go here for a list of companies in your area. It’s fast, free and can provide invaluable advice.

The coverage is in the details

Understanding the coverages of a insurance policy can be of help when determining the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the normal coverages offered by insurance companies.

Liability car insurance – Liability coverage protects you from injuries or damage you cause to a person or their property by causing an accident. It protects you against other people’s claims, and doesn’t cover damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 50/100/50 which means $50,000 in coverage for each person’s injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability can pay for things like repair costs for stationary objects, repair bills for other people’s vehicles, loss of income and structural damage. How much liability should you purchase? That is a decision to put some thought into, but consider buying as much as you can afford.

UM/UIM Coverage – This coverage gives you protection when other motorists do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your Mercedes-Benz CLS-Class.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family. Frequently these coverages do not exceed the liability coverage limits.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things like falling objects, vandalism and theft. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverages – Collision insurance covers damage to your CLS-Class from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as driving through your garage door, rolling your car, hitting a parking meter and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible to save money on collision insurance.

Medical costs insurance – Med pay and PIP coverage kick in for immediate expenses for things like nursing services, chiropractic care, pain medications, funeral costs and surgery. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Quote more. Save more.

As you go through the steps to switch your coverage, don’t be tempted to sacrifice coverage to reduce premiums. There have been many cases where someone dropped physical damage coverage only to discover later that the few dollars in savings costed them thousands. Your aim should be to get the best coverage possible at the best cost.

In this article, we presented many ways to lower your 2008 Mercedes-Benz CLS-Class insurance auto insurance rates. It’s most important to understand that the more quotes you get, the better your chances of lowering your premium rates. Drivers may discover the biggest savings come from a smaller regional carrier. Regional companies often have lower premium rates on specific markets as compared to the big name companies such as State Farm and Allstate.

More detailed car insurance information is located by following these links:

• Rollover Crash FAQ (iihs.org)
• Insurance Losses by Make and Model (iihs.org)
• What is Gap Insurance? (Insurance Information Insitute)
• Learn About Car Insurance (Geico)
• How to Avoid Buying a Flooded Car (Insurance Information Insitute)
• Where can I buy Insurance? (Insurance Information Insitute)