2015 Mercedes-Benz SLK-Class Car Insurance Cost – 5 Tips for Cheapest Prices

Are you tired of not being able to scrape enough together each month for insurance? You have the same problem as many other consumers.

Companies like State Farm, Progressive and Geico constantly bombard you with TV and radio ads and it can be hard to separate fact from fiction and find the best price available.

If you currently have car insurance, you will be able to cut costs considerably using this strategy. Finding affordable coverage is quite easy. Nevertheless, vehicle owners should learn how big insurance companies market on the web and apply this information to your search.

Auto insurance discounts help slash rates

Car insurance is not cheap, but there may be some discounts that many people don’t even know exist. Many discounts should be triggered when you get a quote, but some discounts are required to be manually applied prior to receiving the credit.

  • Good Drivers – Insureds who avoid accidents may receive a discount up to 45% for SLK-Class insurance than their less cautious counterparts.
  • Theft Prevention Discount – Anti-theft and alarm system equipped vehicles prevent vehicle theft and that can save you a little bit as well.
  • Full Payment Discount – If you pay your entire premium ahead of time rather than paying monthly you could save up to 5%.
  • Accident Waiver – Not really a discount, but companies like Geico, Progressive, and Allstate allow you one accident without raising rates if your claims history is clear for a certain period of time.
  • 55 and Retired – Seniors may qualify for a discount up to 10% for SLK-Class insurance.

We need to note that most discounts do not apply to the entire cost. Most cut the cost of specific coverages such as comp or med pay. Just because it seems like you can get free auto insurance, nobody gets a free ride. But all discounts will definitely lower your premiums.

Companies and a summarized list of policyholder discounts are detailed below.

  • State Farm may have discounts that include defensive driving training, passive restraint, Drive Safe & Save, good driver, and anti-theft.
  • American Family discounts include Steer into Savings, air bags, mySafetyValet, early bird, and TimeAway discount.
  • Geico offers discounts including anti-theft, driver training, good student, air bags, multi-policy, and anti-lock brakes.
  • 21st Century has discounts for automatic seat belts, driver training, theft prevention, good student, 55 and older, and teen driver.
  • Progressive has savings for online quote discount, good student, online signing, continuous coverage, and homeowner.

If you need lower rates, check with each insurance company what discounts are available to you. Some discounts listed above might not be offered in your area. To choose companies that offer multiple discounts, click this link.

Which is the best car insurance?

When it comes to choosing adequate coverage for your vehicles, there isn’t really a cookie cutter policy. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions could help you determine if your insurance needs could use an agent’s help.

  • Does my car insurance cover rental cars?
  • Is my 2015 Mercedes-Benz SLK-Class covered for flood damage?
  • Is a blown tire covered by insurance?
  • Do I need rental car coverage?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Does my 2015 Mercedes-Benz SLK-Class need full coverage?
  • Does coverage extend to Mexico or Canada?
  • Am I covered when driving on a suspended license?
  • How high should deductibles be on a 2015 Mercedes-Benz SLK-Class?
  • Should I have a commercial auto policy?

If you can’t answer these questions but you know they apply to you, you may need to chat with a licensed agent. If you don’t have a local agent, fill out this quick form or you can also visit this page to select a carrier

Advertising and insurance

Companies like Allstate and Progressive consistently run television and radio advertisements. They all seem to make the same claim of big savings after switching your insurance policy to them. It sounds good, but how can they all charge less that you’re paying now? Here is the trick they use.

Many companies quote their cheapest rates for the type of customer that earns them the most money. For example, this type of driver should be over the age of 40, has no claims, and drives a vehicle with a low ISO rating. A customer getting a price quote that meets those criteria will probably get the lowest car insurance rates and will save if they switch.

Insureds who fall outside this stringent profile will probably have to pay more expensive rates which leads to business going elsewhere. The ads state “drivers who switch” but not “all drivers who get quotes” save that kind of money. This is how companies can truthfully claim big savings. Because each company has a different risk profile, you really need to compare many company’s car insurance rates. Because you never know which insurance company will have the best rates at this point in time.

Auto insurance coverage breakdown

Knowing the specifics of a auto insurance policy can help you determine the best coverages for your vehicles. Auto insurance terms can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages found on most auto insurance policies.

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your 2015 Mercedes-Benz SLK-Class.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family.

Comprehensive insurance

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as vandalism, rock chips in glass and damage from a tornado or hurricane. The highest amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Liability coverages

Liability insurance will cover damage that occurs to other people or property. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and $25,000 of coverage for damaged propery.

Liability coverage pays for things like repair bills for other people’s vehicles, medical expenses and medical services. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Med pay and Personal Injury Protection (PIP)

Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for dental work, EMT expenses and nursing services. They are utilized in addition to your health insurance program or if you lack health insurance entirely. Medical payments and PIP cover you and your occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Collision coverage protection

This will pay to fix damage to your SLK-Class from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as sideswiping another vehicle, sustaining damage from a pot hole, hitting a mailbox and colliding with a tree. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Summing up your car insurance search

Some insurance companies may not offer the ability to get quotes online and usually these regional carriers prefer to sell through local independent agents. Lower-priced 2015 Mercedes-Benz SLK-Class insurance can be sourced both online as well as from insurance agents, and you should compare rates from both so you have a total pricing picture.

You just read many ways to reduce 2015 Mercedes-Benz SLK-Class insurance prices online. It’s most important to understand that the more providers you compare, the better your comparison will be. Consumers could even find that the biggest savings come from a company that doesn’t do a lot of advertising. These smaller insurers can often provide lower rates in certain areas than the large multi-state companies such as Geico and State Farm.

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