Save on 2010 Mercedes-Benz SLK-Class Car Insurance Cost

Searching for better car insurance rates for your Mercedes-Benz SLK-Class? Expensive Mercedes-Benz SLK-Class insurance can sap your savings account and require stricter spending habits. Doing a price comparison can help to lower your bills every month.

You have multiple car insurance companies to purchase coverage from, and though it is a good thing to be able to choose, it can be more challenging to compare rates and find the lowest cost car insurance.

The cheapest auto insurance rate quotes

There are a lot of ways to compare auto insurance prices but some are less labor-intensive and much quicker. You could spend the better part of a day discussing policy coverages with agents in your area, or you could save time and use the internet to accomplish the same thing much quicker.

Many popular insurance companies participate in a marketplace where insurance shoppers enter their policy data once, and every company then returns a price quote for coverage. This saves time by eliminating quote requests to each company. To enter your information into the quoting system, click here to start a free quote.

The single downside to using this type of form is you don’t know exactly the companies you want to price. So if you want to choose specific insurance companies to compare prices, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.

Compare rates however you want, just do your best to enter apples-to-apples quote information for every quote you compare. If your comparisons have differing limits it’s not possible to decipher which rate is best. Quoting even small variations in insurance coverages could skew the results. And when comparison shopping, quoting more increases your odds of finding a lower rate than you’re paying now. Not every company allows you to get prices over the internet, so it’s important to compare quotes from them, too.

Take advantage of these money-saving discounts

Not many people think insurance is cheap, but you can get discounts that you may not know about. Some discounts will apply at the time you complete a quote, but a few must be manually applied before you get the savings.

ABS and Traction Control Discounts – Cars, trucks, and SUVs with anti-lock braking systems prevent accidents and therefore earn up to a 10% discount.
Telematics Devices – Drivers who agree to allow their company to study vehicle usage through the use of a telematics system like Allstate’s Drivewise might see lower rates as long as they are good drivers.
Military Rewards – Being deployed with a military unit may qualify for rate reductions.
Professional Organizations – Belonging to certain professional organizations may earn a discount on your next insurance statement.
Student Discount for Driver Training – Require your teen driver to complete a driver education course as it will make them better drivers and lower rates.
Drive Less and Save – Maintaining low annual mileage could earn lower rates on the low mileage vehicles.
Renewal Discounts – A few insurance companies give discounts for switching to them prior to the expiration date on your current policy. You could save around 10% when you buy auto insurance online.
Save with More Vehicles Insured – Insuring several vehicles with the same insurance company can get a discount on all vehicles.
Mature Driver Discount – If you qualify as a senior citizen, you can possibly qualify for a small discount on rates for SLK-Class coverage.
Federal Government Employee – Employees or retirees of the government can save as much as 8% for SLK-Class coverage depending on your insurance provider.

One last thing about discounts, some credits don’t apply the the whole policy. Some only apply to the price of certain insurance coverages like collision or personal injury protection. Despite the appearance that it’s possible to get free car insurance, insurance companies aren’t that generous.

Some of the larger companies that may include these money-saving discounts may include but are not limited to:

It’s a good idea to ask every insurance company which discounts they offer. Some discounts listed above may not apply to policies in your area. To locate providers who offer discounts, click here.

Do I need special coverages?

When choosing the right insurance coverage, there isn’t really a one size fits all plan. Each situation is unique so your insurance needs to address that. For instance, these questions might help in determining if you would benefit from an agent’s advice.

Does my medical payments coverage pay my health insurance deductible?
Will I be non-renewed for getting a DUI or other conviction?
Where can I get insurance after a DUI in my state?
What is high-risk coverage and where do I buy it?
How high should deductibles be on a 2010 Mercedes-Benz SLK-Class?
What companies insure drivers after a DUI or DWI?
Can my teen drive my company car?

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 an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area.

Informed decisions result in lower insurance costs

An important part of buying insurance is that you know some of the elements that come into play when calculating the price you pay for auto insurance. If you understand what impacts premium levels, this enables you to make decisions that may reward you with much lower annual insurance costs.

Commute or pleasure use – Driving more miles in a year the higher your rates will be. Many insurance companies apply a rate based on how the vehicle is used. Vehicles left parked in the garage get more affordable rates than vehicles that have high annual mileage. An improperly rated SLK-Class is throwing money out the window. Make sure your policy properly reflects how each vehicle is driven.
Getting married can save on auto insurance – Walking down the aisle may save some money when buying auto insurance. Marriage means you’re more stable financially and insurance companies reward insureds because married drivers tend to have fewer serious accidents.
Amount of liability – The liability coverage on your policy will afford coverage in the event that you are ruled to be at fault for causing personal injury or damage in an accident. Your liability coverage provides legal defense coverage to defend your case. Liability insurance is quite affordable when compared to the cost of physical damage coverage, so buy as much as you can afford.
Location can influence price – Living in small towns and rural areas may provide you with better prices when it comes to auto insurance. Residents of big cities tend to have traffic congestion and much longer commute distances. Lower population means less chance of accidents and also fewer theft and vandalism claims.
Know your vehicle’s safety rating – Cars with high safety ratings tend to have better insurance rates. Safe vehicles reduce the chance of injuries and any reduction in injury severity translates into fewer and smaller insurance claims and lower rates for you.
Younger drivers are expensive to insure – Older people are more cautious drivers, statistically cause fewer accidents and get fewer tickets.Beginning drivers are statistically proven to be careless and easily distracted with other occupants in the car therefore auto insurance rates are much higher.
A lauto insurance lapse is a bad thing – Driving any period of time without insurance is not a good idea and any future policy may cost more because you let your insurance lapse. Not only will rates go up, failure to provide proof of insurance could result in fines and jail time. You will then be forced to submit proof of financial responsibility or a SR-22 with your state motor vehicle department to get your license reinstated.
Costs increase with policy add-ons – Insurance companies have many extra add-on coverages that can add up on your 2010 SLK-Class policy. Insurance for replacement cost coverage, death and dismemberment, and extra life insurance coverage are examples of these. They may seem like a good idea when deciding what coverages you need, but if you’ve never needed them in the past remove them from your policy.

Insurance coverage specifics

Learning about specific coverages of a insurance policy can be of help when determining which coverages you need and proper limits and deductibles. The coverage terms in a policy can be confusing and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and damage to your Mercedes-Benz SLK-Class.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like prosthetic devices, X-ray expenses, surgery, nursing services and dental work. They are often used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Liability coverages

Liability coverage can cover damage that occurs to people or other property by causing an accident. This insurance protects YOU from claims by other people, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability insurance covers things like attorney fees, medical expenses and medical services. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

Collision protection

Collision coverage pays for damage to your SLK-Class from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things like colliding with a tree, rolling your car and backing into a parked car. This coverage can be expensive, so consider dropping it from older vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as fire damage, vandalism, hitting a deer, damage from getting keyed and hitting a bird. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Knowledge is power

Budget-conscious 2010 Mercedes-Benz SLK-Class insurance can be purchased on the web in addition to many insurance agents, so you should be comparing quotes from both in order to have the best chance of saving money. Some companies do not provide the ability to get quotes online and usually these smaller providers only sell through local independent agents.

When you buy auto insurance online, it’s not a good idea to skimp on coverage in order to save money. There have been many situations where an insured dropped full coverage to discover at claim time that the few dollars in savings costed them thousands. The proper strategy is to purchase a proper amount of coverage at the lowest possible cost while still protecting your assets.