10 Ways You Can Insure a Mercedes-Benz SLK230 For Less

Buyers have lots of choices when searching for the lowest priced Mercedes-Benz SLK230 insurance. You can either waste hours contacting agents getting price quotes or save time using the internet to get rate quotes. There are more efficient ways to shop for car insurance so we’re going to tell you the quickest way to get price quotes for a Mercedes-Benz and locate the cheapest rates from both online companies and local agents.

Which Car Insurance is Cheapest?

When shopping for car insurance there are multiple ways to get quotes and find the best price. One of the best ways to compare insurance prices is simply to get online rate quotes. This is very easy and can be done in just a few minutes using one of these methods.

The best way to find low rates is to use a rate comparison form click to view form in new window. This type of form eliminates the need for boring form submissions to each individual car insurance company. In just a few minutes this one form will return price quotes direct from many companies.It’s the quickest way to get rates.

A slightly less efficient method to obtain and compare quotes online consists of going to the website for every company you want to comare to complete a price quote. For examples sake, we’ll assume you want to compare rates from Nationwide, Liberty Mutual and Allstate. To get each rate you have to take the time to go to each site and enter your policy data, which is why most consumers use the first method.

For a handy list of car insurance company links in your area, click here.

Which method you use is up to you, but compare exactly the same coverage limits for every quote you compare. If you are comparing differing limits you will not be able to make a fair comparison for your Mercedes-Benz SLK230. Slightly different insurance coverages may result in a large different in cost. And when quoting car insurance, remember that getting more free quotes helps you find a lower rate.

Don’t believe everything you hear

Allstate and Progressive constantly bombard you with ads on television and other media. All the companies make the same claim that you’ll save big if you switch your policy. How do they all claim to save you money? It’s all in the numbers.

Different companies are able to cherry pick for the type of customer that makes them money. A good example of a desirable insured could be between 30 and 50, has no prior claims, and has great credit. A propective insured who matches those parameters is entitled to the best price and most likely will save a lot of money.

Consumers who don’t meet these standards will have to pay more money and this can result in the customer not buying. The ads say “customers that switch” not “everybody who quotes” save money. That is how companies can truthfully advertise the savings. Because of the profiling, it’s extremely important to get as many quotes as possible. You cannot predict which company will give you the biggest savings.

Take advantage of discounts

Auto insurance companies don’t necessarily list every available discount in a way that’s easy to find, so we break down some of the best known as well as the least known car insurance savings.

Discount for Swiching Early – Some companies give discounts for switching policies prior to your current policy expiration. The savings is around 10%.
Multiple Vehicles – Buying insurance for multiple vehicles on one policy qualifies for this discount.
Claim Free – Drivers who don’t have accidents pay less when compared to bad drivers.
Accident Forgiveness – A few companies allow you one accident before your rates go up so long as you haven’t had any claims for a certain period of time.
Defensive Driver – Completing a course teaching defensive driving skills could save 5% or more if your company offers it.
College Student – Children who attend school more than 100 miles from home and do not have access to a covered vehicle may be able to be covered for less.
55 and Retired – Older drivers may receive better car insurance rates for SLK230 insurance.
Paperwork-free – Certain companies give back up to $50 for buying a policy and signing up over the internet.
New Vehicle Savings – Adding a new car to your policy can cost up to 25% less since new cars are generally safer.
Passive Restraints – Vehicles with factory air bags or automatic seat belts can receive discounts of more than 20%.

It’s important to understand that some credits don’t apply the the whole policy. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears all those discounts means the company will pay you, it just doesn’t work that way.

To choose insurance companies with the best car insurance discounts, click here to view. insurance prices

How to know if you need help

When it comes to choosing adequate coverage for your personal vehicles, there is no “best” method to buy coverage. Every insured’s situation is different.

For example, these questions can aid in determining whether or not you may require specific advice.

Does my personal policy cover me when driving my company car?
Do I have coverage if my license is suspended?
Is business equipment covered while in my vehicle?
Do I have coverage when using my vehicle for my home business?
Does liability extend to a camper or trailer?
What are the best liability limits?

If it’s difficult to answer those questions but you know they apply to you, you might consider talking to an insurance agent. If you don’t have a local agent, fill out this quick form.

Coverages available on your car insurance policy

Learning about specific coverages of car insurance helps when choosing which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be confusing and nobody wants to actually read their policy.

Comprehensive coverages

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as rock chips in glass, vandalism, hitting a bird and hitting a deer. The maximum payout you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability insurance

Liability coverage protects you from damage or injury you incur to people or other property. It protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like bail bonds, emergency aid, loss of income, repair bills for other people’s vehicles and repair costs for stationary objects. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance pay for short-term medical expenses like doctor visits, EMT expenses, ambulance fees and funeral costs. They are utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover all vehicle occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your Mercedes-Benz SLK230.

Since a lot of drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Auto collision coverage

This coverage pays for damage to your SLK230 caused by collision with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like driving through your garage door, sideswiping another vehicle, backing into a parked car, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Keep this in mind

Consumers leave their current company for a number of reasons such as lack of trust in their agent, not issuing a premium refund, delays in responding to claim requests or delays in paying claims. Whatever your reason, finding a new car insurance company is less work than it seems.

When trying to cut insurance costs, it’s a bad idea to skimp on critical coverages to save a buck or two. There are many occasions where consumers will sacrifice liability limits or collision coverage only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to buy the best coverage you can find for the lowest price, not the least amount of coverage.

The cheapest Mercedes-Benz SLK230 insurance can be found online as well as from independent agents, and you should be comparing both to have the best rate selection. Some companies don’t offer you the ability to get quotes online and most of the time these smaller companies sell through independent agents.