Three Step Guide to Cheaper Mercedes-Benz SLK230 Insurance
If shopping your car insurance around was fun, we'd do it much more often. But the reality is, it's a chore for most people and we seem to always end up paying more than we want to. Finding affordable coverage for your Mercedes-Benz SLK230 probably is no different.
Step One: Insurance Rate Comparison Quotes
Years ago, your local insurance agent was the only way to quote a buy a car insurance policy. Life has gotten easier!
Getting online rate quotes for a Mercedes-Benz SLK230 from all the major insurance companies is very easy and only requires you to enter your information once.
Simply click the link below to enter your information. Once complete, you can compare the returned rates and make a decision on which policy to purchase.
Apples-to-Apples! When doing comparison quotes for your SLK230, it's very important that you use the same liability limits and physical damage deductibles on each quote. Otherwise you will not be able to accurately determine which company has the lowest rates.
Step Two: How to Insure your SLK230 for Less
There are many contributing factors that determine what you pay to insure your Mercedes-Benz. You can help yourself (and your wallet) by paying attention to the following rate factors.
- Some people just like the looks of a higher performance vehicle like the Mercedes-Benz SLK230, but even if you don't use the extra power it's going to cost you more when your insurance bill arrives.
- Do you keep your credit rating in good shape? If you do, you will get a better rate than if you let your credit score slide. Check your credit score regularly to make sure there are few blemishes on your record.
- The cost to repair luxury vehicles is generally more than the cost to repair your average domestic family sedan. Everything from paint to bumpers to windshields costs more for the SLK230 so expect to pay more for insurance.
- Speeding not only costs you a fine, a single ticket will raise your car insurance rates for up to three years. Slow down and be a safe driver and you'll pay lower rates.
- Due to the sporty nature of the SLK230, expect to pay a little more to insure it. Sport cars have higher rates than passenger vehicles due to the increased acceleration and tendancy of the drivers to use it.
- Being a homeowner can often get you a little discount on your auto insurance. Insuring you home with the same company as your autos can often get you even deeper discounts.
- If you're a young driver, you will pay more to insure a SLK230. There isn't anything you can do about your age, but rates will drop as you mature.
- Never allow one policy to expire without having a new policy effective the same date. This causes a lapse in coverage and if you don't have insurance for any length of time, your next policy will cost you more.
- A claim-free discount can help keep your rates down, so don't file claims that are only marginally more than your deductible. You're better off keeping the discount.
- If your city or county offers a driver's safety course, find out if your insurance company will give you a discount to complete it. It could save you up to 10%.
- Newer car models are coming standard with advanced passenger safety systems, and these help reduce the risk of injury in an accident. Less injuries mean lower insurance rates.
- Insurance companies often give discounts to senior citizens and professional organizations, so if you're one of those, check to see if you qualify.
- If your SLK230 ranks on the list of vehicles that are frequently stolen, that can result in a higher rating class and a more expensive rate.
- If you carry full coverage on your vehicle, you can slash your rates by increasing your comprehensive and collision deductibles. You'll pay more out-of-pocket but you will save with every renewal.
Step Three: Buy the Policy That's Right for You
Once you have compared identical rate quotes for your SLK230 and made a decision on deductibles, coverages and other policy options, you are ready to buy your policy with the new company.
If you're cancelling an old policy, make sure the new coverage starts the same day your old policy ends. This avoids any penalty for having a lapse in coverage which can cost you more.
When buying a new vehicle, coverage will extend from your existing policy. But if you don't have a car insurance policy, you will want to make sure you have coverage BEFORE you drive off the lot. Comprehensive (or Other than Collision) and collision coverage will extend to your new SLK230 if you current have a vehicle insured with those coverages. If you aren't insured or only carry basic liability coverage, then you will be inadequately insured until you add the vehicle to your policy with full coverage.
The proof-of-insurance card that is required by state law to be carried in your vehicle can be printed out upon completion of your car insurance policy. If you're considered a high-risk driver, having been convicted of a DUI, DWI, reckless driving or had your license suspended, you may need to file a SR-22. Be sure your new company files this form with your state DMV. Failure to do so can result in losing your right to drive.
Consumer Insurance Information
For more information on car insurance topics like the claims process, rental car insurance and how much coverage you need, visit the Insurance Information Institute website.
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