Compare 2013 Mercedes-Benz SLK-Class Insurance Rates

Do you think you bought overpriced insurance coverage? It’s a common feeling and there are lots of people in the same boat. Companies like Progressive, State Farm and Geico continually bombard you with fancy advertisements and it can be hard to ignore the flashy ads and find the best price available.

You should take the time to get comparison quotes once or twice a year because insurance coverage prices trend upward over time. Even if you got the lowest rate for SLK-Class coverage a few years ago the chances are good that you can find a lower premium rate today. You’ll find quite a bit of inaccurate information about insurance coverage out there, but in this article, you’re going to get some great ideas on how to slash your insurance coverage rates.

If you have insurance now or need a new policy, you can use these tips to shop for the lowest rates and still get good coverage. Choosing the best insurance company for you is easy if you know what you’re doing. Consumers only need an understanding of the proper way to shop over the internet.

How to get auto insurance price quotes

Effectively comparing auto insurance prices can be challenging if you aren’t aware of the most efficient way. You could waste time driving to insurance agencies in your area, or you can stay home and use the web to maximize your effort.

Many of the larger companies enroll in a system where insurance shoppers send in one quote, and every company provides a quote based on the submitted data. This saves time by eliminating quote requests for every auto insurance company.

To use this form to compare rates click here to start a free quote.

The one disadvantage to pricing coverage this way is you cannot specify which companies you will receive quotes from. If you would rather choose specific providers for rate comparison, we put together a list of low cost auto insurance companies in your area. View list of insurance companies.

You can choose any of those ways to find more affodable coverage, but try to keep identical quote data on every quote you get. If you compare different coverage information you can’t possibly find the best deal for your Mercedes-Benz SLK-Class.

Can switching companies really save?

Consumers get pounded daily by advertisements that claim the cheapest car insurance rates from companies such as Progressive, Geico, Allstate and State Farm. All the companies try to convey promises about savings just by switching your coverage to them.

How does each company save you money?

Auto insurance companies give the cheapest rates for the type of insured that will add to their bottom line. For example, a profitable risk profile could possibly be married and over the age of 30, has had continuous coverage, and drives less than 7,500 miles a year. Anyone that fits those parameters will most likely get cheap car insurance rates and as a result will probably cut their rates if they switch.

Potential customers who fall short of this ideal profile will have to pay a higher premium which leads to the customer buying from someone else. If you listen closely, the ads state “drivers that switch” not “everybody who quotes” save the amount stated. That’s why companies can make those claims.

Different companies use different criteria so you need to compare quotes as often as possible. It’s just not possible to know which company will have the best prices at this point in time.

Auto insurance policy discounts you can’t miss

Companies that sell car insurance do not advertise all disounts in a way that’s easy to find, so the following is a list of a few of the more well known in addition to some of the lesser obvious discounts that you may qualify for.

• Cautious Drivers – Insureds without accidents can save as much as half off their rates for SLK-Class coverage than their less cautious counterparts.
• Anti-lock Brake System – Vehicles with anti-lock braking systems can avoid accidents and the ABS can save up to 10%.
• More Vehicles More Savings – Buying insurance for more than one vehicle with the same company can get a discount on all vehicles.
• Pay Now and Pay Less – By making one initial payment instead of paying each month you may reduce your total bill.
• Discounts for Seat Belt Usage – Using a seat belt and requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) off PIP or medical payments premium.
• Air Bags and Passive Restraints – Vehicles equipped with air bags or motorized seat belts can receive discounts of up to 25% or more.

Discounts lower rates, but most discounts do not apply to the entire cost. A few only apply to specific coverage prices like liability and collision coverage. So when it seems like all those discounts means the company will pay you, insurance companies wouldn’t stay in business. Any qualifying discounts will lower the cost of your policy.

The best auto insurance companies and the discounts they provide are included below.

• 21st Century may have discounts that include air bags, student driver, teen driver, driver training, and good student.
• Progressive offers discounts for online quote discount, good student, multi-vehicle, online signing, multi-policy, continuous coverage, and homeowner.
• State Farm may include discounts for passive restraint, multiple policy, student away at school, Steer Clear safe driver discount, and defensive driving training.
• Nationwide may offer discounts for multi-policy, business or organization, Farm Bureau membership, family plan, anti-theft, and accident-free.
• Esurance offers discounts including good driver, Switch & Save, good student, anti-lock brakes, and online shopper.
• The Hartford includes discounts for driver training, good student, vehicle fuel type, air bag, and defensive driver.

When getting a coverage quote, ask each company which discounts can lower your rates. Some of the earlier mentioned discounts may not apply to policies in your state. To choose providers that offer multiple discounts, click here to view.

Insurance agents can help

When it comes to choosing coverage, there really is no “best” method to buy coverage. Each situation is unique so your insurance needs to address that. For instance, these questions could help you determine whether your personal situation will benefit from professional help.

• Do I have newly-aquired coverage?
• Do all my vehicles need collision coverage?
• I have good health insurance, so how much medical payments coverage do I need?
• Is my trailer covered?
• Is my ex-spouse still covered by my policy?
• Exactly who is provided coverage by my policy?
• How does medical payments coverage work?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find lower rates from a local agent, complete this form or click here for a list of auto insurance companies in your area. It’s fast, free and can help protect your family.

Parts of your car insurance policy

Understanding the coverages of a car insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are the usual coverages found on most car insurance policies.

Auto liability insurance – This will cover injuries or damage you cause to a person or their property. This coverage protects you from legal claims by others. It does not cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have values of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Some companies may use a combined single limit or CSL that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for things like loss of income, structural damage, funeral expenses and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford.

Coverage for medical payments – Med pay and PIP coverage pay for bills for things like funeral costs, prosthetic devices, surgery, nursing services and rehabilitation expenses. They are often utilized in addition to your health insurance program or if there is no health insurance coverage. It covers all vehicle occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay

Comprehensive coverages – Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like vandalism, hitting a bird and a broken windshield. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverage – This coverage pays for damage to your SLK-Class caused by collision with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as crashing into a ditch, colliding with a tree, hitting a parking meter, damaging your car on a curb and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits do not exceed the liability coverage limits.

Don’t be a big spender

You just learned some good ideas how you can lower your 2013 Mercedes-Benz SLK-Class insurance premium rates. The most important thing to understand is the more rate quotes you have, the better your comparison will be. You may even discover the biggest savings come from a company that doesn’t do a lot of advertising. Regional companies can often provide lower prices in certain areas than their larger competitors like Progressive and Geico.

A few companies do not provide the ability to get a quote online and these regional carriers only sell coverage through local independent agencies. Affordable 2013 Mercedes-Benz SLK-Class insurance is definitely available on the web and with local insurance agents, so you should be comparing quotes from both to have the best selection.

More information can be found at the links below

• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Auto Insurance Basics (Insurance Information Insitute)
• Should I Buy a New or Used Car? (Allstate)
• How do I File a Claim? (Insurance Information Insitute)