Lower Your 2014 Mercedes-Benz CLS-Class Insurance Rates

Searching for lower car insurance rates for your Mercedes-Benz CLS-Class? Locating low-cost insurance for your Mercedes-Benz CLS-Class could be an all-consuming task, but you can follow our car insurance buying tips and make it easy.

There is a right way and a wrong way to buy car insurance so you’re going to learn the best way to compare rates for your Mercedes-Benz and find the lowest price.

You should take the time to do price comparisons as often as possible because prices change quite often. Just because you had the lowest price for CLS-Class insurance a few years ago you may be paying too much now. Ignore everything you know about car insurance because you’re about to find out the quickest way to find better coverage at a better price.

Smart consumers know how to buy auto insurance cheaper

The best way to find cheaper auto insurance is to take a look at the different types of things that are used to determine your policy premiums. When you know what positively or negatively impacts premium levels, this enables informed choices that may result in lower auto insurance prices.

The factors shown below are some of the factors auto insurance companies consider when setting your premiums.

  • Prices can change based on your address – Choosing to live in smaller towns and rural areas of the country is a good thing when talking about auto insurance. Lower population corresponds to lower accident rates and lower theft and vandalism rates. Drivers who live in large cities have traffic congestion and more severe claims. More time commuting means a statistically higher chance of an accident.
  • Eliminate extra policy coverages – Insurance policies have a lot of extra add-on coverages that may not really be needed but may not be useful. Things like replacement cost coverage, accidental death, and Farm Bureau memberships may be costing you every month. These coverages may sound good initially, but if you don’t need them think about removing them and cutting costs.
  • Be proud to be claim-free – If you frequently file small claims, you shouldn’t be surprised to get higher rates. Companies generally give better rates to people who do not file claims often. Insurance coverage is designed for claims that pose a financial burden.
  • Never allow your auto insurance to lapse – Driving without insurance coverage in place is a big no-no and auto insurance companies will penalize you for letting your insurance coverage expire. Not only will you pay more, the inability to provide proof of insurance could result in a hefty fine and possibly a revoked license. You may then have to submit proof of financial responsibility or a SR-22 with your state DMV.
  • Being married reduces risk – Having a significant other helps lower the price when shopping for auto insurance. Marriage generally demonstrates drivers are less irresponsible and statistics prove married drivers tend to file fewer claims.
  • Liability coverage claims can be big – A critical coverage on your policy, liability insurance will afford coverage when a court rules you are at fault for damages from an accident. Liability insurance provides legal defense coverage up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not cut corners here.
  • Lower rates by increasing deductibles – The deductibles you choose define the amount you are willing to pay if a claim is determined to be covered. Protection for physical damage, otherwise known as comp (or other than collision) and collision, insures against damage to your car. A few examples of covered claims could be rearending another vehicle, vandalism, and damage from wind. The more you choose to pay out-of-pocket, the less your auto insurance will be for CLS-Class insurance.
  • Advanced GPS tracking and theft deterrents – Purchasing a vehicle with anti-theft technology or alarm system can save you a little every year. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all help stop auto theft.

Save a ton by taking advantage of discounts

Some providers do not advertise all possible discounts in an easy-to-find place, so the following list contains both well-publicized and also the more inconspicuous discounts that may be available.

  • ABS and Traction Control Discounts – Cars and trucks that have steering control and anti-lock brakes can reduce accidents and qualify for as much as a 10% discount.
  • One Accident Forgiven – Not really a discount, but certain companies will allow you to have one accident before raising your premiums so long as you are claim-free for a set time period.
  • Online Discount – A few larger online companies will give you a small discount for buying a policy and signing up on your computer.
  • Theft Deterent Discount – Cars, trucks, and SUVs that have factory anti-theft systems are stolen with less frequency and will save you 10% or more.
  • Memberships – Being in a professional or civic organization is a good way to get lower rates on your policy.
  • Service Members Pay Less – Having a family member in the military may lower your premium rates slightly.
  • Renewal Discounts – Some insurance coverage companies reward drivers for renewing your policy early. You could save around 10% when you buy car insurance online.
  • Passive Restraints – Factory air bags or motorized seat belts can receive discounts of up to 25% or more.

As a disclaimer on discounts, most discounts do not apply to the entire policy premium. Most only reduce individual premiums such as comprehensive or collision. Even though it may seem like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.

To find companies that offer the discounts shown above, click here.

Can you really save that much by switching?

Consumers can’t avoid all the ads for cheaper insurance by Geico, State Farm and Progressive. They all seem to make the point about savings if you just switch your policy.

How do they all claim to save you money? Here is how they do it.

All companies provide the lowest rates for the type of customer that will add to their bottom line. An example of this type of risk profile may need to be over age 30, has a low-risk occupation, and has a short commute. Anybody that meets those criteria may get the lowest prices and therefore will save money with a new company.

Consumers who do not match the “perfect” profile may be forced to pay a more expensive rate with the end result being the driver buying from a lower-cost company. If you listen to the ad wording, they say “drivers that switch” not “all people who quote” can save as much as they claim. That is how insurance companies can confidently make those claims.

Because of the profiling, you need to quote coverage with many companies. You cannot predict the company that will give you lower car insurance rates than your current company.

How much insurance do I need?

When buying coverage, there really is not a one size fits all plan. Your needs are not the same as everyone else’s.

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

  • Do I need motorclub coverage?
  • Am I covered when pulling a rental trailer?
  • Can my teen drive my company car?
  • How many claims can I have before being cancelled?
  • Are rental cars covered under my policy?
  • How high should my uninsured/underinsured coverage be in my state?
  • Does my liability insurance cover pulling a trailer or camper?
  • Should I drop comprehensive coverage on older vehicles?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It only takes a few minutes and can provide invaluable advice.

Car insurance coverages and their meanings

Having a good grasp of a car insurance policy aids in choosing the right coverages for your vehicles. The coverage terms in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive or Other Than Collision – Comprehensive insurance coverage pays for damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hitting a deer, damage from a tornado or hurricane, rock chips in glass and damage from flooding. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much consider dropping full coverage.

UM/UIM Coverage – This protects you and your vehicle from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries as well as your vehicle’s damage.

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 very important. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Medical costs insurance – Med pay and PIP coverage kick in for expenses such as doctor visits, dental work, pain medications and prosthetic devices. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage

Collision coverage – This coverage pays for damage to your CLS-Class resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as driving through your garage door, colliding with another moving vehicle and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.

Coverage for liability – Liability coverage can cover injuries or damage you cause to other people or property. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 100/300/100 which means $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability can pay for things like pain and suffering, legal defense fees, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Shop around and save

Insureds change insurance companies for many reasons like poor customer service, not issuing a premium refund, high rates after DUI convictions or high prices. Regardless of your reason, switching companies is easier than you think.

When shopping online for auto insurance, it’s not a good idea to reduce coverage to reduce premium. In many instances, someone dropped comprehensive coverage or liability limits and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your strategy should be to buy the best coverage you can find at a price you can afford and still be able to protect your assets.

We just covered many ideas to shop for 2014 Mercedes-Benz CLS-Class insurance online. The key concept to understand is the more times you quote, the better chance you’ll have of finding inexpensive car insurance. Consumers could even find that the biggest savings come from a smaller regional carrier.

Additional auto insurance information is available at these links: