Cheap 2015 Mercedes-Benz SLK-Class Car Insurance Cost

Being forced to pay for expensive insurance premiums can drain your savings and force you to tighten up your finances. Performing a rate comparison is free and is an excellent way to slash your bill and have more diposable income.

Companies like State Farm, Progressive and GEICO constantly blast consumers with ads and consumers find it hard to ignore the flashy ads and find the best price available.

You should make it a habit to quote other rates on a regular basis since insurance prices are rarely the same from one policy term to another. Even if you think you had the best deal on SLK-Class insurance on your last policy you can probably find a lower rate today. Forget anything you know (or think you know) about insurance because it’s time to teach you the easiest way to find lower rates on insurance.

The quickest way to compare car insurance company rates is to understand auto insurance companies actually pay money for the chance to compare rate quotes. All you need to do is give them some information such as whether or not you need a SR-22, how much education you have, the make and model of your vehicles, and whether you drive to work or school. Your information gets transmitted to insurance carriers in your area and you get price estimates instantly.

To start a quote now, click here and enter your coverage details.

Insurance coverage policy discounts you can’t miss

Insurance coverage is expensive, but you may be missing some discounts to cut the cost considerably. Larger premium reductions will be automatically applied when you purchase, but a few must be specifically requested before you get the savings.

  • Anti-theft System – Cars and trucks optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Military Rewards – Having an actively deployed family member could be rewarded with lower premium rates.
  • Defensive Driver Discounts – Passing a defensive driving course could save 5% or more and easily pay for the cost of the class.
  • Senior Citizen Discount – If you’re over the age of 55, you are able to get reduced rates on SLK-Class insurance.
  • Fewer Miles Equal More Savings – Driving fewer miles could earn substantially lower premium rates.
  • Multi-Vehicle Discounts – Drivers who insure several vehicles with the same company can reduce the rates for all insured vehicles.
  • No Claims – Good drivers with no accidents pay less when compared with bad drivers.

Discounts save money, but please remember that most discounts do not apply to the overall cost of the policy. Most cut specific coverage prices like collision or personal injury protection. So when it seems like adding up those discounts means a free policy, insurance companies wouldn’t stay in business.

Some of the larger companies that possibly offer most of these discounts include:

It’s a good idea to ask every prospective company how you can save money. Some discounts may not apply to policyholders in every state. To find insurance companies who offer free insurance coverage quotes, click here to view.

Why you might pay increased rates

Multiple criteria are used in the calculation when quoting car insurance. Some of the criteria are obvious like an MVR report, although others are less apparent such as your marital status and annual miles driven.

The following are some of the things used by companies to determine premiums.

  • Your address can affect prices – Having an address in less populated areas has it’s advantages when buying insurance. City drivers tend to have more traffic problems and more time behind the wheel. Fewer drivers means reduced accidents as well as less vandalism and auto theft.
  • Driving citations can be expensive – A bad driving record can have a huge impact on auto insurance premiums. Even a single driving citation can increase rates to the point where it’s not affordable. Attentive drivers pay less for auto insurance compared to bad drivers. Drivers unfortunate enough to have flagrant violations such as hit and run, DWI or reckless driving convictions may face state-mandated requirements to submit a SR-22 form to the state department of motor vehicles in order to legally drive a vehicle.
  • Younger drivers pay higher premiums – Older insureds are more responsible, are lower risk to insure and receive fewer citations.Inexperience drivers are statistically proven to be more careless when behind the wheel so they pay higher insurance rates.
  • How many coverages with the same company – Some insurance companies will give better rates for people that purchase more than one policy such as combining an auto and homeowners policy. Discounts can be 10 percent or more. Even with this discount, it’s always a smart idea to get quotes from other companies to confirm you are receiving the best rates possible.
  • Single drivers may have higher premiums – Having a significant other actually saves money on your insurance bill. It translates into being more mature and it’s statistically proven that married drivers tend to have fewer serious accidents.
  • Your career may increase insurance rates – Careers like lawyers, business owners and dentists generally have higher premium rates attributed to intense work-related stress and lots of time spent at work. Other careers such as professors, historians and homemakers receive lower rates on SLK-Class insurance.
  • Don’t skimp on liability coverage – Liability insurance will afford coverage if ever you are found liable for personal injury or accident damage. Your liability coverage provides legal defense which can be incredibly expensive. Liability insurance is pretty cheap compared to physical damage coverage, so buy as much as you can afford.

Insurance agents can help

When buying the best insurance coverage coverage for your vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique and a cookie cutter policy won’t apply. These are some specific questions can help discover whether or not you would benefit from an agent’s advice.

  • At what point should I drop full coverage?
  • Is my dog or cat covered if injured in an accident?
  • What happens if I owe more than my 2015 Mercedes-Benz SLK-Class is worth?
  • Do I have any recourse if my insurance company denies a claim?
  • Can my teen driver be rated on a liability-only vehicle?
  • Do I need rental car coverage?
  • Do I pay less for low miles?
  • What is UM/UIM insurance?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?

If you’re not sure about those questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Smaller companies may have the best rates

Consumers get pounded daily by advertisements that claim the best premium rates from the likes of State Farm, GEICO and Progressive. All the companies seem to make the promise that you can save just by moving your auto insurance coverage to their company.

How does every company make almost identical claims? It’s all in the wording.

Companies quote their best rates for the type of driver that earns them the highest profit. An example of a driver they prefer may need to be over age 30, has no driving citations, and does not commute to work. Any new insured who fits that profile will get the preferred rates and will also save if they switch.

Drivers who are not a match for these stringent criteria will be quoted higher premiums and the driver buying from a lower-cost company. The ads say “customers that switch” not “everybody who quotes” save that much when switching. That is how companies can truthfully make it sound like they have such great car insurance rates. Each company has different criteria, so you absolutely need to compare price quotes frequently. It’s just not possible to know which auto insurance company will provide the lowest rates.

Auto insurance 101

Understanding the coverages of a insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording. Shown next are typical coverages available from insurance companies.

Collision coverage

This coverage covers damage to your SLK-Class from colliding with another car or object. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like crashing into a building, scraping a guard rail, colliding with a tree and hitting a mailbox. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Liability coverage

Liability coverage protects you from damage that occurs to other’s property or people that is your fault. This insurance protects YOU against claims from other people, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage protects against things such as structural damage, pain and suffering, court costs, repair bills for other people’s vehicles and emergency aid. How much coverage you buy is up to you, but consider buying higher limits if possible.

Comprehensive insurance

This coverage will pay to fix damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things like damage from a tornado or hurricane, fire damage and vandalism. The maximum payout you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage pay for bills such as surgery, ambulance fees and dental work. They are often used in conjunction with a health insurance program or if you are not covered by health insurance. It covers both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

A penny earned…

As you quote car insurance, never buy lower coverage limits just to save a few bucks. There are too many instances where an insured cut collision coverage and learned later that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage at the lowest possible cost and still be able to protect your assets.

Some insurance providers may not have online rate quotes regional insurance providers prefer to sell through independent insurance agencies. Low-cost 2015 Mercedes-Benz SLK-Class insurance is available from both online companies as well as from insurance agents, so compare prices from both so you have a total pricing picture.

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