2005 Mercedes-Benz CLK-Class Insurance Rates

Trying to find the cheapest auto insurance rates for your Mercedes-Benz CLK-Class? Are you sick and tired of scraping the payment together to keep your car insured? Your situation is no different than most other people. With so many auto insurance companies to choose from, it is hard for the average consumer to find a lower cost auto insurance company.

Pricing the lowest cost insurance coverage is simple if you know the tricks. If you have a current insurance policy or are just looking to switch companies, you can use these techniques to reduce the price you pay and possibly find even better coverage. Consumers just need to learn the tricks to compare rates online.

How to compare insurance coverage quotes

Effectively comparing insurance coverage prices is a ton of work if you don’t understand the easiest way. You can spend countless hours talking to insurance agencies in your area, or you can utilize online quoting to get rates in a matter of minutes.

All the larger companies take part in a program where prospective buyers submit one quote, and every company then gives them pricing determined by their information. This saves time by eliminating quote requests to every company. To fill out one form to compare multiple rates now click here (opens in new window).

One minor caviat to using this type of form is you cannot specify the companies to get pricing from. If you would rather choose specific insurance companies to receive pricing from, we put together a list of the cheapest insurance coverage companies in your area. Click to view list.

However you get your quotes, make absolute certain that you use nearly identical information with each company. If your comparisons have differing limits you will not be able to truly determine the lowest rate.

Insurance coverage companies offer many discounts

Insurance can cost an arm and a leg, but you might find some hidden discounts that could drop your premiums quite a bit. Some of these disounts will be visible at quote time, but a few must be requested specifically before you will receive the discount.

  • Federal Government Employee – Simply working for the federal government could cut as much as 10% off on CLK-Class coverage but check with your company.
  • Good Students Pay Less – Performing well in school may save as much as 25% on a car insurance quote. Earning this discount can benefit you up to age 25.
  • Driver Safety – Successfully completing a driver safety course could cut 5% off your bill and make you a better driver.
  • Safe Drivers – Accident-free drivers could pay up to 40% less on CLK-Class coverage compared to accident prone drivers.
  • Bundled Policy Discount – When you have multiple policies with one company you will save as much as 10 to 15 percent.
  • Senior Citizens – Seniors may be able to get reduced rates on CLK-Class coverage.
  • Claim Free – Insureds who avoid accidents and claims pay much less compared to accident-prone drivers.
  • Low Mileage Discounts – Low mileage vehicles can qualify you for lower prices due to less chance of an accident.
  • Pay Now and Pay Less – If you can afford to pay the entire bill rather than paying monthly you could save 5% or more.

We need to note that most credits do not apply to the overall cost of the policy. Most only reduce specific coverage prices like medical payments or collision. If you do the math and it seems like you can get free auto insurance, you won’t be that lucky.

If you would like to see a list of insurance companies who offer cheap insurance coverage quotes, click this link.

Do I just need basic coverages?

When it comes to choosing the best insurance coverage, there is no one size fits all plan. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining if your insurance needs would benefit from an agent’s advice.

  • Can I afford to buy a different vehicle if my 2005 Mercedes-Benz CLK-Class is totaled?
  • Can my babysitter drive my car?
  • Will I be non-renewed for getting a DUI or other conviction?
  • When should I not file a claim?
  • Why is insurance for a teen driver so high?
  • Does medical payments coverage apply to all occupants?
  • Am I covered when driving in Canada or Mexico?
  • How much can I save by bundling my policies?
  • Am I covered if my car is in a flood?
  • Are my friends covered when driving my 2005 Mercedes-Benz CLK-Class?

If you can’t answer these questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, fill out this quick form or click here for a list of insurance companies in your area. It is quick, free and may give you better protection.

Find lower-cost auto insurance with these tips

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that come into play when calculating your auto insurance rates. When you understand what determines base rates, this enables you to make decisions that may reward you with lower auto insurance prices. Many different elements are considered when pricing auto insurance. A few of the factors are predictable like an MVR report, but other factors are less obvious like your continuous coverage and annual miles driven.

  • Mature drivers are lower risk – Beginning drivers are known to get distracted easily when driving with friends so they pay higher auto insurance rates. Parents adding a inexperienced driver to your policy can really hurt. Older drivers are proven to be safer behind the wheel, tend to cause fewer accidents and are safer drivers.
  • Consolidate home and auto and save – Most major insurance companies afford lower prices to customers that have more than one policy such as combining an auto and homeowners policy. Even if you already get this discount, you still need to comparison shop to help ensure you have the lowest rates. Drivers may still find better rates by splitting coverages up.
  • Safer cars cost less to insure – Safe vehicles tend to be cheaper to insure. The safest vehicles have better occupant injury protection and better occupant protection means less money paid by your insurance company which can mean better rates for you. If your Mercedes-Benz scored at minimum four stars on Safercar.gov you are probably receiving a discount.
  • Lower premiums with GPS tracking and theft deterrents – Selecting a car model with advanced anti-theft systems can earn a premium discount. Systems that thwart theives like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft and help lower rates.
  • Better drivers pay lower rates – A bad driving record influences premium rates substantially. Only having one citation may increase your cost by as much as thirty percent. Careful drivers have lower premiums than bad drivers. Drivers unfortunate enough to have dangerous violations like DUI or willful reckless driving may be required to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive a vehicle.
  • Liability coverage limits on your policy – Liability coverage provides coverage in the event that a court rules you are at fault for an accident. It provides legal defense coverage which can be incredibly expensive. It is affordable coverage when compared with rates for comp and collision, so drivers should make sure they buy enough to cover all assets.
  • Certain vocations pay higher auto insurance rates – Did you know that where you work can have an impact on rates? Occupational choices like doctorsairline pilots and medical professionals generally pay the highest rates because of high stress and lots of time spent at work. On the flip side, jobs like actors, students and retirees generally pay rates lower than average on CLK-Class coverage.

Car insurance advertising gotchas

Consumers constantly see and hear ads that claim the best auto insurance rates from companies such as Progressive, Geico, Allstate and State Farm. All the ads have a common claim that people will save just by switching to them.

But how can every company claim to save you money? Here is the trick they use.

Most companies have a certain “appetite” for the type of insured that will generate a profit. For example, a desirable risk may need to be over the age of 40, carries full coverage, and drives a safe vehicle. Any person who matches those parameters gets the lowest rates and therefore will save if they switch.

Potential customers who do not meet these standards will probably have to pay higher rates which results in business not being written. The wording the ads use say “drivers that switch” not “everyone who quotes” save that much money. This is how companies can truthfully claim big savings.

That is why drivers must get as many free car insurance quotes as possible. It’s just not possible to know which car insurance company will give you the biggest savings.

Auto insurance specifics

Knowing the specifics of a auto insurance policy can help you determine the best coverages at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Listed below are typical coverage types found on the average auto insurance policy.

Liability insurance

This protects you from damage or injury you incur to a person or their property in an accident. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 which stand for 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. Some companies may use a combined limit which provides one coverage limit with no separate limits for injury or property damage.

Liability can pay for claims like structural damage, medical services and bail bonds. How much coverage you buy is up to you, but buy as large an amount as possible.

Comprehensive coverage

This pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as a broken windshield, hitting a deer, a tree branch falling on your vehicle, damage from flooding and damage from getting keyed. The most you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as your vehicle’s damage.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally these limits are identical to your policy’s liability coverage.

Collision coverage protection

This pays for damage to your CLK-Class resulting from a collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, hitting a mailbox, crashing into a ditch and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to raise the deductible to bring the cost down.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like prosthetic devices, nursing services, dental work and surgery. They can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. It covers you and your occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

The best insurance company isn’t always the cheapest

Budget-friendly car insurance can be sourced both online in addition to local insurance agencies, so you should compare both to have the best rate selection. Some insurance companies may not have internet price quotes and most of the time these small, regional companies prefer to sell through local independent agencies.

We just covered many ways to get a better price on 2005 Mercedes-Benz CLK-Class insurance. The key thing to remember is the more quotes you get, the better your comparison will be. You may even discover the best price on car insurance is with an unexpected company. Some small companies often have lower rates on specific markets as compared to the big name companies such as Allstate, Geico and Progressive.

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