Paying for high-priced Mercedes-Benz SLK320 insurance can dwindle your checking account and put the squeeze on your family’s finances. Comparison shopping is a smart way to cut your insurance bill. Many car insurance companies vie for your insurance dollar, so it can be very hard to choose a insurer to discover the definitive best rate
You need to shop coverage around once or twice a year due to the fact that insurance rates change quite often. Even if you got the lowest rates for SLK320 coverage on your last policy you can probably find a better price now. Starting now, forget all the misinformation about auto insurance because I’m going to teach you the right way to remove unneeded coverages and save money.
If you are insured now or need a new policy, you can follow these tips to find better prices and still get good coverage. Finding the best rates is easy if you know what you’re doing. Vehicle owners just need to know the proper way to find the lowest price on the web.
Auto Insurance Prices
There are a variety of methods you can shop for auto insurance but there is one way that is more efficient than others. You can waste a few hours (or days) driving to insurance agencies in your area, or you can utilize online quotes to quickly compare rates.
Most car insurance companies enroll in a system where prospective buyers submit one quote, and every company returns a rated price for coverage. This eliminates the need for repetitive form submissions for every auto insurance company.
To get comparison pricing now click here (opens in new window).
The only drawback to using this type of form is buyers cannot specifically choose the insurers you want to price. So if you prefer to choose specific insurance companies to compare rates, we have a listing of low cost auto insurance companies in your area. Click to view list.
However you get your quotes, ensure you are comparing exactly the same coverage limits with each company. If your comparisons have different limits and deductibles on each one it will be impossible to find the best deal for your Mercedes-Benz SLK320.
Are auto insurance companies telling the truth?
Consumers get pounded daily by advertisements for the lowest price auto insurance from companies such as State Farm, Allstate and GEICO. All the ads make an identical promise that you can save if you change your policy.
But how can every company make almost identical claims?
Different companies are able to cherry pick for the right customer they prefer to insure. For instance, a desirable insured might be profiled as between the ages of 40 and 55, is a homeowner, and has a high credit rating. Any new insured who meets those qualifications receives the best rates and is almost guaranteed to cut their rates substantially.
Consumers who don’t meet these standards must pay higher rates which usually ends up with business going elsewhere. The ads say “drivers who switch” not “everybody who quotes” save that much. That is how insurance companies can state the savings.
This illustrates why you absolutely need to compare as many rates as you can. It is impossible to predict which insurance companies will provide you with the cheapest rates.
Don’t overlook these discounts
Insurance can be prohibitively expensive, buy you may qualify for discounts that you may not know about. Some discounts apply automatically at the time of purchase, but a few need to be specially asked for prior to getting the savings. If you don’t get every credit available, you’re paying more than you need to.
- Military Rewards – Having a family member in the military may qualify for rate reductions.
- Discount for Swiching Early – Select companies give a discount for buying a policy before your current policy expires. The savings is around 10%.
- Bundle and Save – If you insure your home and vehicles with the same company you will save 10% to 20% off each policy.
- Seat Belts Save – Using a seat belt and requiring all passengers to wear their seat belts could cut 10% or more off your medical payments premium.
- More Vehicles More Savings – Buying insurance for multiple cars or trucks on the same auto insurance policy may reduce the rate for each vehicle.
Keep in mind that some credits don’t apply to your bottom line cost. Most cut specific coverage prices like comp or med pay. Just because you may think all those discounts means the company will pay you, you won’t be that lucky. But all discounts will bring down your overall premium however.
For a list of providers offering auto insurance discounts, click here.
Do I need a local agent?
Some people would rather buy from a local agent. Agents can point out coverage gaps and help in the event of a claim. One of the great benefits of price shopping on the web is you may find the lowest rates and still have an agent to talk to. Buying from small agencies is especially important in smaller communities.
To help locate an agent, after submitting this quick form, your insurance coverage information is sent to local insurance agents who will battle for your insurance coverage. You won’t need to leave your computer as quotes are delivered directly to your email. How’s that for easy!
If you wish to select a specific agent in your state, visit this page.
Choosing an insurance company requires more thought than just a low price. These are valid questions to ask:
- How often do they review policy coverages?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- How long have they worked with personal auto insurance coverage?
- Who is covered by the car insurance policy?
- Do the companies they represent have a solid financial rating?
- Is the agency involved in supporting local community causes?
- Do they regularly work with personal auto policies?
Once you have received positive responses to these questions as well as a affordable price, you’ve probably found a company that will properly service your auto insurance policy.
How to know if you need help
When choosing the right insurance coverage, there really is no “best” method to buy coverage. Each situation is unique and a cookie cutter policy won’t apply. For instance, these questions could help you determine if you will benefit from professional help.
- Do I need to file an SR-22 for a DUI in my state?
- Are my tools covered if they get stolen from my vehicle?
- Can I pay claims out-of-pocket if I buy high deductibles?
- Do I have any recourse if my insurance company denies a claim?
- What are the financial responsibility laws in my state?
- Is my babysitter covered when using my vehicle?
- Which companies will insure high-risk drivers?
- Does my insurance cover my expensive audio equipment?
- How much liability do I need to cover my assets?
If you can’t answer these questions, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.
Smart consumers save more
Throughout this article, we presented quite a bit of information on how to get a better price on Mercedes-Benz SLK320 insurance. The key concept to understand is the more quotes you get, the more likely it is that you will get a better rate. You may even discover the best prices are with a small local company. They may often insure only within specific states and give getter rates than the large multi-state companies such as Allstate or State Farm.
When shopping online for auto insurance, don’t be tempted to sacrifice coverage to reduce premiums. There have been many situations where someone sacrificed collision coverage only to regret that the savings was not a smart move. Your strategy should be to get the best coverage possible at an affordable rate, not the least amount of coverage.
Discount Mercedes-Benz SLK320 insurance is attainable both online and also from your neighborhood agents, so you should be comparing quotes from both in order to have the best price selection to choose from. Some companies may not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.
