2003 Mercedes-Benz CLK-Class Car Insurance Rates – 5 Policy Discounts

Scraping up a payment for pricey Mercedes-Benz CLK-Class insurance can overdraw your personal savings and force you to tighten up your finances. Comparing rates annually is a great way to lower your bills every month.

People have multiple auto insurance companies to purchase coverage from, and though it is a good thing to have multiple companies, more choices can make it harder to find the best rates.

It’s important to get comparison quotes once or twice a year since prices trend upward over time. Even if you think you had the lowest price for CLK-Class coverage six months ago you will most likely find a better rate today. There is lot of inaccurate information about auto insurance on the internet, but in just a couple of minutes you can learn a bunch of ideas how to lower your auto insurance bill.

Finding the best rates is easy if you know what you’re doing. In a nutshell, anyone who shops for insurance coverage will be able to save money. But drivers do need to understand how insurance companies price online insurance because it can help you find the best coverage.

Affordable car insurance

When comparison shopping, there are several ways to get quotes from all the different companies. The best method to find the cheapest Mercedes-Benz CLK-Class insurance rates consists of obtaining rate quotes online. This is quite simple and can be completed in a couple minutes as outlined below.

  • Without a doubt, the easiest way consumers can analyze rates is an all-inclusive rate comparison like this one (opens in new window). This quick form keeps you from doing multiple quote forms for every company. Filling out one form gets coverage cost estimates from car insurance companies with the best prices.
  • A slightly less efficient method to get comparison quotes is going to each company website and go through the quote process again. For example, let’s assume you want to view quotes from Geico, Safeco and GMAC. To do that, you would have to go to every website to enter your coverage information, which can get rather old.

    To view a list of companies in your area, click here.

Whichever way you use, ensure you are comparing equivalent quote information for each quote you get. If you compare differing limits it will be very difficult to determine the best price for your Mercedes-Benz CLK-Class. Having just a slight variation in insurance coverages can make a big difference in price. It’s important to know that comparing more rates from different companies will enable you to find the best rates. Not every company does prices over the internet, so you should also compare price estimates from them, too.

Reduce your car insurance rates with these five discounts

Car insurance can cost a lot, but there are discounts available that could help you make your next renewal payment. Some discounts will apply when you quote, but once in a while a discount must be specially asked for before you will receive the discount.

  • Discount for Passive Restraints – Vehicles equipped with air bags or motorized seat belts may earn rate discounts as much as 30%.
  • Safety Restraint Discount – Forcing all vehicle occupants to use their safety belts can save 10% or more on the premium charged for medical payments and/or PIP.
  • Driver’s Education for Students – Teen drivers should sucessfully take a drivers education course in school or through a local driver safety program.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Life Insurance Discount – Larger insurance companies have lower rates if you buy life insurance from them.

While discounts sound great, it’s important to understand that many deductions do not apply to the overall cost of the policy. A few only apply to individual premiums such as physical damage coverage or medical payments. So despite the fact that it appears adding up those discounts means a free policy, it’s just not the way it works. But all discounts will definitely lower the cost of your policy.

A list of companies and their offered discounts can be found below.

  • Geico has discounts for air bags, five-year accident-free, defensive driver, emergency military deployment, and anti-lock brakes.
  • MetLife includes discounts for good student, good driver, multi-policy, defensive driver, claim-free, accident-free
  • State Farm may have discounts that include anti-theft, safe vehicle, driver’s education, good driver, multiple autos, student away at school, and defensive driving training.
  • Progressive policyholders can earn discounts including good student, homeowner, online signing, online quote discount, multi-vehicle, multi-policy, and continuous coverage.
  • Mercury Insurance offers discounts including location of vehicle, multi-car, ease of repair, age of vehicle, anti-theft, and accident-free.
  • 21st Century discounts include anti-lock brakes, early bird, theft prevention, teen driver, and 55 and older.
  • Allstate has savings for farm vehicle, new car, senior citizen, passive restraint, and anti-lock brakes.

When quoting, ask every prospective company to apply every possible discount. A few discounts may not be offered in your area. For a list of companies that have a full spectrum of discounts, click here.

You are unique and your car insurance should be too

When it comes to choosing the best car insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is unique and a cookie cutter policy won’t apply. For instance, these questions can help discover whether your personal situation could use an agent’s help.

  • Should I rate my 2003 Mercedes-Benz CLK-Class as pleasure use or commute?
  • What happens if I owe more than my 2003 Mercedes-Benz CLK-Class is worth?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I need higher collision deductibles?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Am I covered if I hit a deer?

If it’s difficult to answer those questions, you might consider talking to 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.

Learn about insurance coverages for a 2003 Mercedes-Benz CLK-Class

Learning about specific coverages of a insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find typical coverages found on the average insurance policy.

Uninsured and underinsured coverage – This coverage protects you and your vehicle’s occupants when other motorists do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your 2003 Mercedes-Benz CLK-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Liability – This coverage protects you from injuries or damage you cause to a person or their property in an accident. Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 25/50/25 that translate to a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers claims like repair bills for other people’s vehicles, legal defense fees and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but buy higher limits if possible.

Collision – Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as colliding with another moving vehicle, rolling your car, sideswiping another vehicle and colliding with a tree. This coverage can be expensive, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to bring the cost down.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for expenses like ambulance fees, surgery and chiropractic care. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers if you are hit as a while walking down the street. PIP coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for claims such as theft, damage from flooding, hitting a bird, falling objects and damage from a tornado or hurricane. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage on a shoestring budget

When getting auto insurance quotes online, you should never buy poor coverage just to save money. There have been many situations where someone sacrificed full coverage and found out when filing a claim they didn’t purchase enough coverage. Your aim should be to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

Lower-priced 2003 Mercedes-Benz CLK-Class insurance is attainable from both online companies and also from your neighborhood agents, and you should compare price quotes from both to get a complete price analysis. Some insurance coverage companies do not offer rate quotes online and these regional insurance providers only sell through independent agents.

Additional detailed information can be read by following these links: