Drivers have options when trying to find the best price on Mercedes-Benz CLS550 insurance. They can either waste time struggling with agents to get rate comparisons or leverage the internet to compare rates. There is a better way to compare car insurance rates and you need to know the best way to compare rates on a Mercedes-Benz and get the best price possible from local insurance agents and online providers.
Factors that might impact rates for a Mercedes-Benz CLS550
Consumers need to have an understanding of some of the elements that go into determining the rates you pay for car insurance. When you know what positively or negatively determines base rates allows you to make educated decisions that can help you get lower car insurance prices.
Listed below are a partial list of the pieces companies use to determine your rates.
- Never let your coverage lapse – Letting your insurance expire will be a quick way to increase your car insurance rates. Not only will you pay more, but being ticketed for driving with no insurance may earn you a steep fine or even jail time.Then you may be required to submit proof of financial responsibility or a SR-22 with your state DMV.
- Drive less and save money – The more miles you rack up on your Mercedes-Benz every year the higher your rate. The majority of insurers apply a rate based upon how you use the vehicle. Cars and trucks that are left in the garage can get a lower rate as compared to vehicles used primarily for driving to work. Verify your car insurance policy is rated on how each vehicle is driven, because it can save money. If your policy improperly rates your CLS550 may be costing you.
- Big city or small town – Choosing to live in a small town has it’s advantages when insuring your vehicles. Urban drivers regularly have congested traffic and longer commutes to work. Less people living in that area translates into fewer accidents.
- Marriage pays dividends – Getting married actually saves money on your policy. Having a spouse means you’re more mature than a single person and it’s proven that married drivers get in fewer accidents.
- Do you need those extra coverages? – There are quite a few add-on coverages that you can buy when buying car insurance. Coverages like personal injury protection, towing coverage and motor club memberships are some examples. They may seem good when you first buy your policy, but if you don’t need them get rid of them and save.
Car Insurance Comparison Rates
When shopping for car insurance there are multiple ways of comparing rates from local car insurance companies. The simplest method to compare insurance prices is to use the internet to compare rates. This can be done in a couple of different ways.
- The best way to get quotes is to use a rate comparison form like this one (opens in new window). This easy form prevents you from having to do separate forms for every car insurance company. One simple form gets rate comparisons from many national carriers. Recommended for those who want to invest the least amount of time.
- A less efficient way to get quotes online requires visiting the website of each company and complete a new quote form. For instance, we’ll assume you want to compare rates from Liberty Mutual, Allstate and American Family. You would have to visit each site to enter your coverage information, which is why the first method is more popular.
For a list of links to insurance companies in your area, click here.
It’s your choice how you get your quotes, but make darn sure you compare the exact same coverages with every price quote. If you use different values for each quote then you won’t be able to make a fair comparison for your Mercedes-Benz CLS550. Quoting even small variations in limits may cause a big price difference. Just remember that more quotes helps you find a lower rate.
Drivers who switch save $490 a year? Really?
Car insurance companies such as Allstate, GEICO and Progressive regularly use ads on television and other media. They all seem to make an identical promise of big savings if you move to them. How can each company claim to save you money? This is how they do it.
Different companies can use profiling for the right customer that earns them a profit. For example, a profitable customer could possibly be between the ages of 30 and 50, has no driving citations, and has a short commute. A driver who fits that profile will get the preferred rates and therefore will save when switching.
Drivers who fall outside this ideal profile will be charged a more expensive rate which usually ends up with the customer not buying. The ads say “people who switch” not “everyone that quotes” save money. That’s the way insurance companies can confidently advertise the savings. That is why drivers must quote coverage with many companies. It’s not possible to predict which company will fit your personal profile best.
Take discounts and save
Car insurance companies don’t always list all their discounts very clearly, so the following is a list of some of the best known as well as the least known car insurance savings.
- Sign Online – Certain companies give back up to $50 for buying your policy over the internet.
- No Claims – Drivers with accident-free driving histories pay less compared to drivers who are more careless.
- Anti-lock Brakes – Cars that have steering control and anti-lock brakes prevent accidents and therefore earn up to a 10% discount.
- Clubs and Organizations – Belonging to a professional or civic organization is a good way to get lower rates when buying car insurance for CLS550 insurance.
- Use Seat Belts – Drivers who require all occupants to use a seat belt could cut 10% or more off your medical payments premium.
A little note about advertised discounts, some credits don’t apply the the whole policy. Some only apply to specific coverage prices like collision or personal injury protection. So despite the fact that it appears it’s possible to get free car insurance, car insurance companies aren’t that generous.
For a list of providers with the best car insurance discounts, click here to view.
One last thing about your coverage
People who switch companies do it for a variety of reasons including denial of a claim, questionable increases in premium, lack of trust in their agent and unfair underwriting practices. Regardless of your reason, switching companies is easier than you think.
We just presented a lot of techniques to compare Mercedes-Benz CLS550 insurance prices online. The key thing to remember is the more times you quote, the better likelihood of reducing your rate. Consumers could even find that the best prices are with the least-expected company.
As you prepare to switch companies, it’s very important that you do not skimp on coverage in order to save money. In too many instances, consumers will sacrifice full coverage and learned later that their decision to reduce coverage ended up costing them more. Your aim should be to buy enough coverage at an affordable rate while still protecting your assets.
