Sick and tired of trying to scrape together enough money to buy car insurance? You’re in the same situation as most other car owners. Consumers have many auto insurance companies to choose from, and even though it’s nice to be able to choose, it can be more difficult to locate the cheapest rates.
Smart consumers take time to shop coverage around every six months due to the fact that insurance rates are adjusted regularly by insurance companies. Just because you had the best price on CLK430 coverage six months ago you will most likely find a better rate today. So block out anything you think you know about car insurance because I’m going to teach you the things you must know in order to properly buy coverages and cut your premium.
Comprehensive Car Insurance Comparison Quotes
There are several ways you can shop for car insurance but one way is easier and takes less work. You could waste time talking about coverages with insurance agencies in your area, or you could save time and use online quoting to maximize your effort.
Many popular insurance companies belong to a marketplace where prospective buyers only type in their quote data once, and each company can give them a price determined by their information. This prevents consumers from doing quotation requests for every car insurance company.
To submit your quote information now, click here (opens in new window).
The one downside to using this type of form is you don’t know exactly which carriers to get pricing from. So if you prefer to choose specific providers to request quotes from, we have a page of companies who write car insurance in your area. Click here to view list.
It’s your choice how you get your quotes, but make absolute certain that you use apples-to-apples coverage limits and deductibles for every company. If your comparisons have higher or lower deductibles you can’t possibly determine the lowest rate for your Mercedes-Benz CLK430.
Do car insurance companies bend the truth?
Consumers get pounded daily by advertisements for car insurance savings from the likes of GEICO, State Farm and Progressive. All the ads make the same claim about savings if you move your coverage to them.
How do they all make the same claim?
All companies are able to cherry pick for the right customer that is profitable for them. An example of a profitable customer could be a mature driver, owns a home, and drives less than 7,500 miles a year. A driver who fits that profile will get very good rates and is almost guaranteed to pay quite a bit less when switching companies.
Consumers who don’t meet these standards must pay more money which leads to business going elsewhere. The ads state “drivers who switch” not “everyone that quotes” save money. That is how insurance companies can make those claims.
This illustrates why you need to get as many quotes as possible. Because you never know which company will provide you with the cheapest rates.
What determines your Mercedes-Benz CLK430 insurance premium
It’s important that you understand the rating factors that play a part in calculating your car insurance rates. Knowing what influences your rates allows you to make educated decisions that could result in much lower annual insurance costs.
Shown below are a few of the “ingredients” companies use to determine premiums.
- Allowing your policy to lapse raises rates – Having an insurance coverage lapse is a fast way to bump up your car insurance costs. Not only will you pay more, but not being able to provide proof of insurance will get you a revoked license or a big fine.
- Rates may be lower depending on your job – Occupations such as real estate brokers, architects and financial analysts have higher average rates in part from high stress and lots of time spent at work. Conversely, occupations such as actors, engineers and the unemployed get better rates on CLK430 coverage.
- Don’t sacrifice liability coverage – The liability section of your policy is the coverage that protects you if you are found liable for personal injury or accident damage. It will provide you with a defense in court up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not skimp.
- Is your vehicle built for speed? – The performance level of the car you drive makes a big difference in your rates. The lowest base rates are generally reserved for low performance passenger vehicles, but the cost you end up paying is determined by many additional factors. Since the Mercedes-Benz CLK430 is a luxury sedan, insuring your vehicle will cost more compared to average rates.
- Multi-policy discounts can save money – Some companies will give a discount to policyholders who have multiple policies with them such as combining an auto and homeowners policy. Discounts can be anywhere from five to ten percent in most cases. If you currently are using one company, it’s in your best interest to comparison shop to confirm you are receiving the best rates possible.
- Traffic violations increase rates – Drivers with clean records have lower premiums than their less careful counterparts. Only having one ticket may increase your cost by as much as thirty percent. Drivers with dangerous tickets such as hit and run, DWI or reckless driving convictions are required to file a SR-22 to the state department of motor vehicles in order to prevent a license revocation.
Don’t miss out on these money-saving discounts
Insurance can be prohibitively expensive, but companies offer discounts that you may not know about. Certain discounts will be applied when you purchase, but some may not be applied and must be inquired about prior to getting the savings. If you don’t get every credit you qualify for, you are paying more than you should be.
- Senior Citizens – Mature drivers may qualify for a small decrease in premiums on CLK430 coverage.
- Safe Driver Discount – Drivers who avoid accidents may receive a discount up to 45% less on CLK430 coverage than drivers with accident claims.
- Resident Student – Children who live away from home without a vehicle on campus may qualify for this discount.
- Use Seat Belts – Drivers who require all occupants to wear their seat belts could save 15% off your medical payments premium.
- Military Discounts – Being on active duty in the military can result in better rates.
- Drive Less and Save – Low mileage vehicles could qualify for better rates on cars that stay parked.
- Bundle and Save – When you combine your home and auto insurance with one company you may earn approximately 10% to 15%.
Drivers should understand that most of the big mark downs will not be given to your bottom line cost. Most only cut the price of certain insurance coverages like medical payments or collision. So even though they make it sound like it’s possible to get free car insurance, companies wouldn’t make money that way. But all discounts will reduce your overall premium however.
For a list of insurers offering car insurance discounts, follow this link.
Do I need special coverages?
When it comes to choosing coverage for your personal vehicles, there is no best way to insure your cars. Every situation is different and your policy should reflect that. For example, these questions may help you determine if your insurance needs might need professional guidance.
- Is a no-fault state?
- Do all my vehicles need collision coverage?
- Should I drop comprehensive coverage on older vehicles?
- Does medical payments coverage apply to all occupants?
- Will my rates increase for filing one claim?
- Is borrowed equipment or tools covered if stolen or damaged?
- Do I have coverage when pulling a U-Haul trailer?
- Do I need medical payments coverage since I have good health insurance?
- What vehicles should carry emergency assistance coverage?
- Who is covered when they drive my Mercedes-Benz CLK430?
If you’re not sure about those questions but a few of them apply, you may need to chat with an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of car insurance companies in your area. It’s fast, free and you can get the answers you need.
The best insurance company isn’t always the cheapest
We covered some good ideas how to get a better price on Mercedes-Benz CLK430 insurance. It’s most important to understand that the more quotes you get, the better chance you’ll have of finding lower rates. Consumers could even find that the lowest rates come from a small mutual company. They often have lower prices on specific markets as compared to the big name companies such as Allstate and Progressive.
Low-cost Mercedes-Benz CLK430 insurance is possible online and with local insurance agents, so compare prices from both to have the best rate selection. A few companies do not offer online price quotes and most of the time these small, regional companies sell through independent agents.
