2003 Mercedes-Benz SLK-Class Insurance Quotes

Shoppers have lots of choices when shopping for low-cost Mercedes-Benz SLK-Class insurance. They can either spend hours contacting agents getting price quotes or save time using the internet to find the lowest rates. There are more efficient ways to buy auto insurance and we’ll show you the quickest way to price shop coverage for your Mercedes-Benz and locate the lowest price from both online companies and local agents.

You should take the time to take a look at other company’s rates before your next renewal because insurance prices are constantly changing. Just because you had the best price on SLK-Class coverage two years ago you may be paying too much now. Ignore everything you know about auto insurance because we’re going to show you the easiest way to find better rates and still maintain coverage.

Choosing the best insurance company for you is easy if you know what you’re doing. If you currently have a car insurance policy, you should be able to lower your premiums substantially using this information. Consumers only need an understanding of the most effective way to compare company rates on the web.

Do you qualify for discount insurance?

Car insurance is not cheap, but discounts can save money and there are some available that may help make it more affordable. Some discounts apply automatically at the time of quoting, but some may not be applied and must be specifically requested before you get the savings.

  • Good Student Discount – A discount for being a good student can earn a discount of 20% or more. Many companies even apply the discount to college students up to age 25.
  • Theft Deterent System – Anti-theft and alarm system equipped vehicles can help prevent theft so companies will give you a small discount.
  • Military Discounts – Being deployed with a military unit could qualify you for better prices.
  • Renewal Discounts – A few insurance companies offer discounts for renewing your policy before your current policy expires. You may see this discount when you get insurance coverage quotes online.
  • Defensive Driving Course – Completing a course that instructs on driving safety can save you 5% or more depending on where you live.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags can receive discounts of 20% or more.
  • Discount for New Cars – Putting insurance coverage on a new car may earn a small discount since newer models are generally safer.

One thing to note about discounts is that most discount credits are not given to the overall cost of the policy. Most only reduce the price of certain insurance coverages like physical damage coverage or medical payments. Even though the math looks like you could get a free insurance policy, you won’t be that lucky.

A few of the larger companies and a partial list of their discounts are shown below.

  • Geico has discounts for anti-lock brakes, air bags, membership and employees, emergency military deployment, daytime running lights, multi-policy, and seat belt use.
  • MetLife has savings for good student, multi-policy, accident-free, defensive driver, good driver, claim-free
  • Progressive may include discounts for multi-policy, good student, multi-vehicle, online quote discount, homeowner, and online signing.
  • Travelers discounts include student away at school, payment discounts, save driver, driver training, early quote, and multi-car.
  • SAFECO offers discounts for accident prevention training, drive less, anti-lock brakes, teen safety rewards, safe driver, and teen safe driver.
  • AAA may offer discounts for good driver, AAA membership discount, education and occupation, multi-policy, good student, and multi-car.

Double check with every company which discounts they offer. Discounts might not apply in every state. To locate insurers with discount insurance rates, click this link.

How to buy auto insurance online

There are multiple methods to compare auto insurance quotes, but there is one way that is less labor-intensive and much quicker. You can spend your afternoon driving to agents in your area, or you could use online quotes to accomplish the same thing much quicker.

All the larger companies belong to an insurance system that enables customers to complete one form, and each company then returns a price quote based on that data. This prevents consumers from doing quotation requests to each individual auto insurance company.

To compare pricing click here to open in new window.

The only downside to using this type of form is you can’t choose the companies to receive prices from. If you prefer to choose individual companies to compare, we have assembled a list of low cost auto insurance companies in your area. View list of insurance companies.

Compare rates however you want, just be sure to compare nearly identical coverages on every quote you get. If you use differing limits it’s not possible to determine the best price for your Mercedes-Benz SLK-Class.

What insurance coverages do I need?

When buying adequate coverage for your vehicles, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s.

These are some specific questions might help in determining if you will benefit from professional help.

  • What happens if I owe more than my 2003 Mercedes-Benz SLK-Class is worth?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Is business property covered if stolen from my car?
  • Does medical payments coverage apply to all occupants?
  • How much underlying liability do I need for an umbrella policy?
  • Does coverage extend to a rental car in a foreign country?
  • Is a new car covered when I drive it off the dealer lot?
  • Should I put collision coverage on all my vehicles?
  • How do I buy GAP insurance?

If you can’t answer these questions but you know they apply to you, you might consider talking to an insurance agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and you can get the answers you need.

Coverages available on your insurance policy

Learning about specific coverages of your insurance policy aids in choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Liability car insurance – This coverage protects you from damages or injuries you inflict on people or other property. It protects you against claims from other people. It does not cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against claims such as legal defense fees, medical services, structural damage and repair costs for stationary objects. How much coverage you buy is your choice, but you should buy as high a limit as you can afford.

Medical expense insurance – Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for things like funeral costs, X-ray expenses and ambulance fees. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Comprehensive (Other than Collision) – This covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like rock chips in glass, hail damage, a broken windshield and falling objects. The maximum payout you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Protection from uninsured/underinsured drivers – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz SLK-Class.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Collision coverages – Collision coverage covers damage to your SLK-Class from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like hitting a mailbox, scraping a guard rail, colliding with a tree and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

What is YOUR best insurance company?

There are still a few companies who may not provide the ability to get quotes online regional carriers provide coverage only through independent agents. Cheap 2003 Mercedes-Benz SLK-Class insurance can be purchased both online and also from your neighborhood agents, and you should compare price quotes from both to have the best selection.

As you quote insurance coverage, it’s very important that you do not skimp on coverage in order to save money. Too many times, an insured dropped comprehensive coverage or liability limits only to regret that the savings was not a smart move. Your goal is to buy enough coverage at the best possible price and still be able to protect your assets.

People who switch companies do it for a variety of reasons including lack of trust in their agent, being labeled a high risk driver, high prices and even delays in paying claims. Whatever your reason, finding a new company is less work than it seems.

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