How Much Does 2002 Mercedes-Benz SLK-Class Car Insurance Cost?

Price shopping your Driversinsurance coverage might be nearly impossible for beginners to online price comparisons. You have so many different companies and agents to choose from that it can quickly become a real difficult job to find the perfect company for you.

Buy insurance coverage online

The are a couple different ways to get quotes from lots of insurance coverage companies. The recommended way to lower the rate you pay for 2002 Mercedes-Benz SLK-Class insurance is simply to get online rate quotes. This is very easy and can be done in a couple minutes as outlined below.

Without a doubt, the easiest way to get quotes for comparison is a comparison rater form like this one (opens in new window). This style of form prevents you from having to do separate forms for each company. A single, simple form will get you price quotes direct from many companies. It’s the fastest way to compare.
Another way to find better pricing is to manually visit each company website and request a quote. For examples sake, let’s say you want to see prices from Auto-Owners, Esurance and American Family. To get rate quotes you would need to go to every website and repeatedly type in your coverage information, which is why the first method is more popular. To view a list of companies in your area, click here.
If you have time to kill, the last way to get comparison rates is actually driving to different agent offices. Buying insurance online has reduced the need for local agents unless you have a complicated situation and need the advice and guidance of a local agency. It is possible to get the lowest quotes online and get advice from an agent in your area.

How you compare quotes is your choice, just try to keep the exact same quote information for each quote you get. If you use different liability limits you will not be able to make a fair rate comparison. Quoting even small variations in insurance coverages could skew the results. Just keep in mind that getting more free quotes will enable you to find a lower rate than you’re paying now. Some smaller insurers to not give online rate quotes, so it’s recommended that you also compare quotes on coverage from those companies, too.

Buyer beware of car insurance advertising tricks

Respected companies like 21st Century, Allstate and State Farm regularly use television and radio advertisements. All the ads make the same claim that people will save if you move to their company. Is it even possible that every company can say the same thing? You have to listen carefully.

Car insurance companies look for specific characteristics for the type of customer that earns them the highest profit. For example, a profitable risk profile could possibly be a married male, has other policies, and drives a lower-performance vehicle. A driver that meets those criteria may get the lowest auto insurance rates and have a good chance to cut their rates if they switch.

Potential customers who fall outside this stringent profile will be quoted higher rates and ends up with the customer buying from someone else. If you pay attention, the ads say “people that switch” not “everybody who quotes” can save as much as they claim. That is how companies can truthfully make those statements.

Because of these techniques, you should compare price quotes frequently. Because you never know the company that will provide you with the cheapest rates.

Auto insurance policy discounts

Car insurance is not cheap, but you can get discounts to help offset the cost. Some trigger automatically when you purchase, but a few must be asked about in order for you to get them.

More Vehicles More Savings – Having multiple cars or trucks on a single policy can get a discount for every vehicle.
Drivers Ed for Students – It’s a good idea to have your young drivers participate in a local driver’s education class if offered at their school.
Pay Upfront and Save – By paying your entire bill at once instead of paying each month you can actually save on your bill.
New Vehicle Savings – Buying insurance on a new vehicle can be considerably cheaper because newer models have to meet stringent safety requirements.
Renewal Discounts – A few insurance companies allow discounts for signing up prior to your current policy expiration. You could save around 10% when you buy auto insurance online.
ABS and Traction Control Discounts – Cars and trucks that have steering control and anti-lock brakes can stop better under adverse conditions and qualify for as much as a 10% discount.

One thing to note about discounts is that some of the credits will not apply the the whole policy. Some only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Just because you may think having all the discounts means you get insurance for free, it’s just not the way it works.

Auto insurance companies that may offer many of the previously listed discounts possibly include:

Before purchasing a policy, check with every prospective company what discounts are available to you. Savings may not be offered in your area. To see providers that can offer you the previously mentioned discounts, click here to view.

How do I know if I need professional advice?

When it comes to choosing proper insurance coverage, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s.

Here are some questions about coverages that may help you determine if your insurance needs will benefit from professional help.

What is the ISO rating for a 2002 Mercedes-Benz SLK-Class?
Am I covered when driving someone else’s vehicle?
Can I afford low physical damage deductibles?
Does my insurance cover damage caused when ticketed for reckless driving?
Should I sign the liability waiver when renting a car?
What is no-fault insurance?
If I drive on a suspended license am I covered?
Do I need medical payments coverage since I have good health insurance?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, complete this form.

Specific coverage details

Knowing the specifics of a car insurance policy helps when choosing the best coverages and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses for dental work, nursing services and doctor visits. They can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP coverage is not universally available and may carry a deductible

Collision coverage – This will pay to fix damage to your SLK-Class resulting from a collision with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims like hitting a parking meter, crashing into a building, damaging your car on a curb, colliding with a tree and crashing into a ditch. This coverage can be expensive, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive coverages – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, damage from a tornado or hurricane and hitting a bird. The maximum amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Liability coverages – Liability insurance protects you from damage that occurs to a person or their property. It protects you against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage pays for things like attorney fees, loss of income, repair bills for other people’s vehicles and medical services. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase higher limits if possible.

Uninsured and underinsured coverage – Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz SLK-Class.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Usually these coverages are similar to your liability insurance amounts.

Shop. Compare. Save.

We just presented many tips how you can save on 2002 Mercedes-Benz SLK-Class insurance. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. Drivers may discover the lowest priced auto insurance comes from a small local company.

As you quote auto insurance, do not sacrifice coverage to reduce premiums. In many instances, drivers have reduced collision coverage only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy a smart amount of coverage at a price you can afford, but do not skimp to save money.

Some companies don’t offer online price quotes smaller companies work with independent agencies. The cheapest 2002 Mercedes-Benz SLK-Class insurance can be found on the web as well as from independent agents, and you need to comparison shop both to get a complete price analysis.