Consumers have many options when looking for affordable Mercedes-Benz CLK55 AMG insurance. They can either spend hours struggling with agents trying to get quotes or utilize the internet to get rate quotes.
There are both good and bad ways to compare auto insurance rates so you’re going to learn the best way to compare rates for a Mercedes-Benz and obtain the lowest price either online or from local insurance agents.
The purpose of this article is to help educate you on how car insurance quotes work and some tricks to saving. If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these tips. But consumers must understand the methods companies use to market insurance on the web.
Mercedes-Benz CLK55 AMG rate determination is complex
It’s important that you understand the different types of things that help determine your auto insurance rates. When you know what positively or negatively determines base rates empowers consumers to make smart changes that will entitle you to better auto insurance rates.
The following are some of the items used by your company to calculate prices.
- Occupation reflects on rates – Did you know your auto insurance rates can be affected by your occupation? Jobs such as real estate brokers, business owners and accountants have higher rates than average because of stressful work requirements and long work days. On the flip side, professions such as farmers, athletes and homemakers get better rates on CLK55 AMG coverage.
- Women pay lower rates – Statistics show that men are more aggressive behind the wheel. Now that doesn’t mean men are worse drivers. Women and men cause accidents in similar numbers, but men tend to have more serious accidents. Men also get more serious tickets like reckless driving and DUI.
- Never allow your policy to lapse – Driving with no insurance is against the law and you will pay a penalty because you let your coverage lapse. Not only will you pay more, but being ticketed for driving with no insurance may earn you a revoked license or a big fine.
- Liability coverage protects you – Liability coverage is the coverage that protects you if you are found liable for damages from an accident. Liability insurance provides legal defense coverage up to the limits shown on your policy. Carrying liability coverage is mandatory and cheap when compared with rates for comp and collision, so drivers should carry high limits.
Cut your premium with discounts
Insuring your fleet can be pricey, buy you may qualify for discounts to reduce the price significantly. Some discounts apply automatically at the time you complete a quote, but less common discounts must be asked for prior to receiving the credit.
- Good Student Discount – This discount can save 20 to 25%. The discount lasts until age 25.
- Drive Safe and Save – Drivers who don’t get into accidents can get discounts for up to 45% lower rates on CLK55 AMG coverage than less cautious drivers.
- Senior Citizens – Mature drivers may be able to get a discount up to 10% on CLK55 AMG coverage.
- Multi-car Discount – Buying coverage for more than one vehicle on one policy qualifies for this discount.
- Anti-lock Brakes – Cars that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
- Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper due to better safety requirements for new cars.
- Discount for Swiching Early – Select companies give a discount for buying a policy before your current expiration date. The savings is around 10%.
- Accident Free – Claim-free drivers can save substantially compared to bad drivers.
- Fewer Miles Equal More Savings – Keeping the miles down on your Mercedes-Benz can qualify you for lower rates on the low mileage vehicles.
- Organization Discounts – Participating in certain professional organizations is a good way to get lower rates when shopping for auto insurance on CLK55 AMG coverage.
Drivers should understand that most of the big mark downs will not be given to the entire cost. The majority will only reduce specific coverage prices like comprehensive or collision. So even though they make it sound like adding up those discounts means a free policy, you’re out of luck. But all discounts will cut your premiums.
To see a list of insurers who offer auto insurance discounts, click here to view.
What about using a local agent?
Certain consumers would rather get advice from a local agent and there is nothing wrong with that. The biggest benefit of comparing rates online is that you can obtain better rates but also keep your business local. And supporting local insurance agencies is definitely important if you live in a smaller city or town.
After filling out this form (opens in new window), your insurance coverage information is transmitted to local insurance agents who will give you bids for your business. You won’t need to visit any agencies because quoted prices will be sent directly to your email. How’s that for easy! You can find better rates AND an agent nearby.
Compare rates from both independent and captive insurance agencies
When looking for a reliable agent, you need to know there are two types of agencies to choose from. Insurance agencies are either captive or independent (non-captive).
Independent Agencies or Brokers
Independent agents are not locked into one company but rather can write business with multiple insurance companies and potentially find a lower price. To transfer your coverage to a different company, an independent agent can move your coverage without you having to go to a different agency. When searching for an agent, it’s recommended you contact at a minimum one independent agency to have the most options to choose from. They often place coverage with smaller regional carriers which can save you money.
Captive Agents
Captive insurance agents can only place business with one company like American Family, State Farm and Allstate. They are unable to provide prices from multiple companies so keep that in mind. These agents receive extensive training on their company’s products which helps them sell insurance even at higher premiums. Some people will only choose to use a captive agent primarily because of the brand legacy and solid financial strength.
To view a complete directory of agents, visit this site.
Deciding on an insurance agency shouldn’t rely on just a low price. Agents should be asked these questions:
- If they are an independent agency, which companies do they recommend?
- Is the agency involved in supporting local community causes?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Does the agency have a good rating with the Better Business Bureau?
- What insurance company do they write the most business with?
- Are they properly licensed to sell insurance in your state?
After receiving answers to your satisfaction for all questions you ask and locked in a price quote, you may have just found a car insurance agent that meets your needs to adequately provide auto insurance.
What is the best insurance coverage?
When buying adequate coverage, there really is not a single plan that fits everyone. Every insured’s situation is different.
For instance, these questions might help in determining if your situation might need an agent’s assistance.
- Will my rates increase for filing one claim?
- Does my policy cover me when driving someone else’s vehicle?
- Do all my vehicles need collision coverage?
- Is borrowed equipment or tools covered if stolen or damaged?
- What discounts do I qualify for?
- Do no-fault laws apply in my state?
- What is the minimum liability in my state?
- Am I covered if I drive in a foreign country?
- Can I get a multi-policy discount for packaging my home and auto coverage?
If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form.
The best insurance company isn’t always the cheapest
Affordable Mercedes-Benz CLK55 AMG insurance can be bought on the web in addition to many insurance agents, so compare prices from both to get a complete price analysis. Some auto insurance companies do not provide the ability to get a quote online and most of the time these smaller companies sell through independent agents.
In this article, we presented a lot of ways to get a better price on Mercedes-Benz CLK55 AMG insurance. The key concept to understand is the more times you quote, the higher the chance of saving money. Drivers may discover the best prices are with the smaller companies.
As you prepare to switch companies, you should never reduce needed coverages to save money. In many cases, consumers will sacrifice full coverage only to regret at claim time they didn’t purchase enough coverage. Your goal should be to find the BEST coverage at the best price while not skimping on critical coverages.
