Better Techniques to Lowering Your Mercedes-Benz CLK500 Insurance Rates

Are you sick and tired of paying out the nose to insure your Mercedes-Benz every month? You are no different than many other drivers.

Big-name insurance companies like Allstate, Liberty Mutual and State Farm persitently shower you with advertising and consumers find it hard to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

Smart consumers take time to shop coverage around every six months since insurance rates are usually higher with each renewal. Just because you found the best deal for CLK500 coverage on your last policy there is a good chance you can find better rates now. Starting right now, block out anything you think you know about auto insurance because it’s time to teach you the tricks you need to know to remove unneeded coverages and save money.

If you have car insurance now, you will be able to save some money using these methods. Buying car insurance is not rocket science. But drivers need to learn how companies sell insurance online because it can help you find the best coverage.

How to Lower Your Auto Insurance Cost

All major auto insurance companies give prices for coverage directly from their websites. This process doesn’t take much effort as you simply enter the coverages you want as requested by the quote form. Upon sending the form, their system obtains your credit score and driving record and generates a price. Online quotes simplifies rate comparisons, but the work required to visit several different sites and enter the same data into a form can get tiresome after awhile. But it’s absolutely necessary to have as many quotes as possible in order to get a better rate.

An easier way to get multiple rate quotes makes use of a single form that gets prices from a lot of companies. It’s a real time-saver, eliminates repetitive work, and makes price shopping online much easier to do. Immediately after you send the form, your coverage is rated and you are able to buy any one of the resulting price quotes.

If you find a better price you can simply submit the application and purchase coverage. The whole process just takes a couple of minutes and can result in significant savings.

To use this form to compare rates, click here and submit your coverage information. If you have your current policy handy, we recommend you replicate as close as possible to your current policy. This ensures you will be getting a fair comparison based on similar coverages.

Don’t pay full price with these discounts

Car insurance can cost a lot, but you may find discounts that can drop the cost substantially. Most are applied at quote time, but some may not be applied and must be specifically requested before being credited.

• Discount for Swiching Early – Select companies give a discount for switching policies before your current expiration date. The savings is around 10%.
• Military Discounts – Having a deployed family member can result in better rates.
• Drive Safe and Save – Drivers who avoid accidents can get discounts for up to 45% lower rates for CLK500 coverage than drivers with accident claims.
• Homeowners Savings – Owning a house can save you money because of the fact that having a home is proof that your finances are in order.
• Multiple Policy Discount – If you have multiple policies with one company you may earn 10% to 20% off each policy.
• Multiple Cars – Having all your vehicles with the same company may reduce the rate for each vehicle.
• Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and will save you 10% or more.
• Seat Belts Save more than Lives – Drivers who require all occupants to use a seat belt can save up to 15% off your medical payments premium.
• Senior Citizens – If you’re over the age of 55, you may receive a small decrease in premiums for CLK500 coverage.

Consumers should know that most discount credits are not given to the entire policy premium. Most cut specific coverage prices like physical damage coverage or medical payments. Even though it may seem like you would end up receiving a 100% discount, it just doesn’t work that way. But all discounts will help reduce the amount you have to pay.

To choose insurance companies with discount auto insurance rates, click here.

Some factors that can determine what Mercedes-Benz CLK500 insurance costs

An important part of buying insurance is that you know some of the elements that help determine the rates you pay for auto insurance. Understanding what controls the rates you pay allows you to make educated decisions that may reward you with big savings.

The following are some of the factors companies use to determine rates.

• Your spouse saves you money – Being married helps lower the price when buying auto insurance. Having a significant other means you’re more mature and it’s statistically proven that married couples file fewer claims.
• Increase deductibles and save – Insurance for physical damage to your car, also known as collision and other-than-collision, protects your Mercedes-Benz from damage. Some instances where coverage would apply would be running into the backend of another car, damage caused by hail, and rolling your vehicle. The deductibles are the amount of money you are required to spend out-of-pocket before your auto insurance pays a claim. The more you are required to pay out-of-pocket, the lower your rates will be for CLK500 coverage.
• Lower rates with optional equipment – Owning a car that has an advanced theft prevention system can save you a little every year. Theft prevention devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar can help prevent your car from being stolen.
• Is your vehicle built for speed? – The make and model of the car you drive makes a big difference in your rates. The lowest rates are generally reserved for small economy passenger cars, but the cost you end up paying is determined by many additional factors. Since the Mercedes-Benz CLK500 is considered a luxury sedan, insuring your vehicle will cost more compared to average rates.
• More miles equals more premium – The higher the mileage driven in a year the more you will pay for auto insurance. Most insurance companies price each vehicle’s coverage determined by how the vehicle is used. Autos not used for work or commuting get more affordable rates compared to those used for work or business. Improper usage on your CLK500 can result in significantly higher rates. Ask your agent if your auto insurance declarations sheet is rated on the correct usage for each vehicle.
• Liability coverage protects you – Your policy’s liability coverage is the protection if you are found liable for personal injury or accident damage. It will provide you with a defense in court which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so buy as much as you can afford.

Slick advertising tricks that work

Auto insurance providers like Progressive, GEICO, Allstate and State Farm continually stream ads on television and other media. They all make an identical promise of big savings after switching to them. How does each company claim to save you money? This is how they do it.

All the different companies can use profiling for the driver that is profitable for them. For instance, a driver they prefer might be profiled as between 30 and 50, has no tickets, and has great credit. Any new insured that hits that “sweet spot” gets the lowest rates and therefore will save when they switch companies.

Consumers who are not a match for the “perfect” profile will have to pay higher premiums which usually ends up with the customer not buying. Company advertisements say “drivers who switch” not “everyone that quotes” save money. That is how companies can advertise the way they do.

Because of the profiling, drivers must compare as many rates as you can. It’s impossible to know which company will provide you with the cheapest rates.

The best insurance company isn’t always the cheapest

In this article, we presented many tips how you can compare Mercedes-Benz CLK500 insurance prices online. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may be surprised to find that the lowest rates come from the least-expected company. Some small companies may cover specific market segments cheaper than the large multi-state companies such as Allstate and Progressive.

As you restructure your insurance plan, don’t be tempted to reduce needed coverages to save money. There are too many instances where an insured dropped uninsured motorist or liability limits and learned later they didn’t have enough coverage. Your aim should be to find the BEST coverage at the best price while not skimping on critical coverages.