Compare 2013 Mercedes-Benz GLK-Class Insurance Cost

Looking for lower auto insurance rates for your Mercedes-Benz GLK-Class? Are you regretting the purchase of an overpriced auto insurance policy? It’s quite common and you’re not the only one.

Insurance companies such as State Farm, Farmers Insurance, Geico and Allstate all claim big savings with ad campaigns and it is challenging if not impossible to avoid their marketing magic and take the time to shop coverage around.

It is always a good idea to compare prices as often as possible since insurance prices change regularly. Even if you got the best deal on GLK-Class coverage six months ago there may be better deals available now. Block out anything you think you know about auto insurance because you’re about to learn the easiest way to remove unneeded coverages and save money.

Compare insurance rate quotes

Performing a rate comparison can take time and effort if you don’t understand the fastest way to get free quotes. You can spend countless hours driving to insurance companies in your area, or you can utilize the internet to accomplish the same thing much quicker.

The majority of car insurance companies enroll in a system that allows shoppers to enter their coverage request one time, and each company returns a rated price based on that information. This prevents consumers from doing quotation requests for every insurance company.

To participate in this free quote system, click to open in new window.

The one disadvantage to pricing coverage this way is you don’t know exactly which carriers to receive prices from. So if you prefer to choose specific insurance companies to receive pricing from, we put together a list of insurance companies in your area. Click to view list.

It’s your choice how you get your quotes, but double check that you are using the exact same information for each price quote. If you use unequal deductibles or liability limits it’s impossible to determine which company has the best rates. Quoting even small variations in insurance coverages could mean much higher rates. And when comparing insurance rates, know that quoting more will improve the odds of getting more affordable insurance.

But they said I’d save $437 a year!

Big name companies like 21st Century, Allstate and State Farm constantly bombard you with television, radio, and online ads. They all seem to say the same thing that you can save if you just switch your coverage. Is it even possible that every company can offer drivers better rates? It’s all in the words they use.

All the different companies have an ideal profile for the type of driver that earns them the highest profit. An example of a preferred risk might be over the age of 40, insures multiple vehicles, and drives newer vehicles. Any customer who fits that profile receive the lowest rate quotes and will most likely save if they switch.

Potential insureds who are not a match for this stringent profile will probably have to pay a higher premium with the end result being business not being written. If you listen closely, the ads state “customers who switch” not “everyone who quotes” can save as much as they claim. That’s the way companies can claim big savings.

This really drives home the point why drivers should compare price quotes frequently. It’s just too difficult to predict with any certainty which company will provide you with the cheapest premium rates.

Do you qualify for discount car insurance?

Companies that sell car insurance don’t necessarily list all their discounts very clearly, so we researched both the well known as well as the least known discounts you could be receiving when you buy insurance online.

• First Accident Forgiveness – This one is not really a discount per se, but a few companies such as Geico, Allstate and Liberty Mutual will allow you to have one accident before your rates go up as long as you don’t have any claims prior to being involved in the accident.
• Save with More Vehicles Insured – Drivers who insure multiple vehicles on one policy could earn a price break for each car.
• Government Employee Discount – Simply working for the federal government could provide a small rate reduction on GLK-Class coverage with select insurance companies.
• Discount for Passive Restraints – Vehicles with factory air bags can get savings of 20 to 30 percent.
• Savings for New Vehicles – Buying a new car model can save you some money due to better safety requirements for new model year vehicles.
• Pay Early and Save – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
• Homeowners Savings – Just being a homeowner can save you money because it requires personal responsibility.
• ABS Brakes – Anti-lock brake equipped vehicles can reduce accidents so companies give up to a 10% discount.
• Student Driver Training – Cut your cost by having your teen driver enroll and complete driver’s education as it can save substantially.

One last thing about discounts, many deductions do not apply to the overall cost of the policy. Most only apply to individual premiums such as collision or personal injury protection. Even though the math looks like all those discounts means the company will pay you, you won’t be that lucky.

Companies that may offer quotes with many of the previously listed discounts include:

• 21st Century
• State Farm
• AAA
• Liberty Mutual
• Progressive

Double check with each company or agent which discounts they offer. Discounts might not be available to policyholders in your state.

What insurance coverages do I need?

When it comes to choosing proper insurance coverage for your personal vehicles, there really is not a one size fits all plan. Every situation is different and a cookie cutter policy won’t apply. For example, these questions can aid in determining if your situation would benefit from professional advice.

• Is my cargo covered for damage or theft?
• Who is covered by my policy?
• Should I have combined single limit or split liability limits?
• Am I getting all the discounts available?
• Are rock chip repairs covered?
• What is PIP insurance?
• What can I do if my company won’t pay a claim?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, complete this form or go to this page to view a list of companies.

Parts of your insurance policy

Learning about specific coverages of insurance helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. These are the usual coverages offered by insurance companies.

Auto liability insurance – This can cover damage or injury you incur to other people or property that is your fault. This coverage protects you from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see values of 50/100/50 that means you have a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims such as court costs, legal defense fees, repair bills for other people’s vehicles and loss of income. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Comprehensive insurance – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like a tree branch falling on your vehicle, damage from flooding, vandalism and theft. The highest amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Med pay and Personal Injury Protection (PIP) – Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like EMT expenses, surgery, nursing services, prosthetic devices and chiropractic care. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your Mercedes-Benz GLK-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently these limits do not exceed the liability coverage limits.

Collision coverage – This pays to fix your vehicle from damage 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 protects against things like colliding with another moving vehicle, rolling your car and driving through your garage door. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to save money on collision insurance.

More choices the merrier

Budget-friendly insurance coverage can be found both online and from local insurance agents, and you should compare rates from both in order to have the best price selection to choose from. Some insurance companies don’t offer price quotes online and many times these regional insurance providers provide coverage only through independent agencies.

As you shop your coverage around, it’s very important that you do not buy lower coverage limits just to save a few bucks. Too many times, drivers have reduced uninsured motorist or liability limits only to regret at claim time that the savings was not a smart move. The aim is to purchase a proper amount of coverage at the best possible price, not the least amount of coverage.

To learn more, link through to the articles below:

• Side Impact Crash Tests (iihs.org)
• What does Personal Injury Protection (PIP) Cover? (Allstate)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• What if I Can’t Find Coverage? (Insurance Information Insitute)