2008 Mercedes-Benz CL-Class Car Insurance Cost – 10 Ways to Save

Trying to find better car insurance rates for your Mercedes-Benz CL-Class? Shopping for the lowest cost car insurance over the internet can be rather challenging for consumers that are relatively new to comparing rates on the web. With dozens of companies in the marketplace, how are consumers expected to efficiently compare every car insurance company to find the best price?

Consumers need to check car insurance prices every six months because rates fluctuate regularly. Despite the fact that you may have had the best premium rates for CL-Class coverage a couple years back the chances are good that you can find a lower price today. Forget all the misinformation about car insurance because I’m going to let you in on the secrets to one of the easiest ways to lower your rates without sacrificing coverage.

If you currently have a car insurance policy, you should be able to reduce your rates substantially using this strategy. Pricing the best coverage is quite easy. Nevertheless, consumers do need to learn the way insurance companies compete online.

Compare free car insurance quotes

Shopping for lower car insurance rates can be exhausting if you don’t understand the easiest way. You can spend countless hours talking to agents in your area, or you could save time and use online quoting to accomplish the same thing much quicker.

The majority of car insurance companies are enrolled in a marketplace where prospective buyers send in one quote, and each participating company can give them a price for coverage. This saves time by eliminating form submissions for each company you want a rate for. To compare pricing click here (opens in new window).

The one disadvantage to pricing coverage this way is buyers cannot specifically choose which insurance companies to get quotes from. If you would rather choose from a list of companies to request quotes from, we have a page of companies who write car insurance in your area. Click here for list of insurance companies.

The method you choose is up to you, but do your best to enter nearly identical coverages and limits with each company. If each company quotes differing limits it will be impossible to determine which rate is truly the best. Even a minor difference in insurance coverages or limits may cause a big price difference. And when comparison shopping, obtaining a wide range of quotes helps increase your odds of locating more affordable rates.

Tailor your car insurance coverage to you

When it comes to choosing adequate coverage, there is no “best” method to buy coverage. Each situation is unique.

For instance, these questions may help you determine whether your personal situation may require specific advice.

  • Is my Mercedes-Benz CL-Class covered if I use it for business?
  • Can my teen driver be rated on a liability-only vehicle?
  • Am I covered when driving in Canada or Mexico?
  • When should I remove comp and collision on my 2008 Mercedes-Benz CL-Class?
  • Do I need more liability coverage?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • Who is covered by my policy?
  • Is my custom paint covered by insurance?
  • How do I buy GAP insurance?
  • Is my nanny covered when driving my vehicle?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form.

Parts of your insurance policy

Understanding the coverages of your insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries to you and your family and also any damage incurred to your Mercedes-Benz CL-Class.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are set the same as your liablity limits.

Liability – This will cover injuries or damage you cause to other people or property that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as attorney fees, repair bills for other people’s vehicles, loss of income and emergency aid. The amount of liability coverage you purchase is a decision to put some thought into, but buy as large an amount as possible.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as dental work, hospital visits, X-ray expenses, rehabilitation expenses and funeral costs. They are often used in conjunction with a health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision coverage – This pays for damage to your CL-Class caused by collision with a stationary object or other vehicle. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as colliding with a tree, backing into a parked car and crashing into a ditch. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive insurance – This coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from a tornado or hurricane, fire damage and rock chips in glass. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.