How to Get the Absolute Lowest Rates When Buying Insurance for a Mercedes-Benz CL550

Searching for better insurance prices for a Mercedes-Benz CL550 can turn out to be a lot of work, but you can learn these tips to find lower rates. There are both good and bad ways to find auto insurance online so we’re going to tell you the best way to get price quotes for a Mercedes-Benz and obtain the cheapest rates either online or from local insurance agents.

Discounts for lower auto insurance rates

Companies that sell car insurance don’t list the complete list of policy discounts very clearly, so the below list has a few of the more well known and the more hidden credits available to lower your premiums when you .

Sign Early and Save – A few companies allow discounts for switching policies before your current coverage expires. The savings is around 10%.
Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle up before driving can save 10% or more off the medical payments premium.
Theft Prevention System – Anti-theft and alarm system equipped vehicles can help prevent theft and can earn a small discount on your policy.
Senior Citizen Rates – If you qualify as a senior citizen, you are able to get lower premium rates for CL550 insurance.
Defensive Driving Course – Successfully completing a course teaching defensive driver skills could possibly earn you a 5% discount if you qualify.
Active Service Discounts – Being on active duty in the military could be rewarded with lower rates.
Responsible Driver Discount – Accident-free drivers can save up to 40% or more on their for CL550 insurance compared to accident prone drivers.
Pay Early and Save – If you pay your bill all at once instead of paying each month you could save 5% or more.
ABS Braking Discount – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive and qualify for as much as a 10% discount.

As a footnote on discounts, most of the big mark downs will not be given to the overall cost of the policy. A few only apply to individual premiums such as comprehensive or collision. Even though it appears having all the discounts means you get insurance for free, it just doesn’t work that way.

A few of the larger companies and the discounts they provide are detailed below.

State Farm discounts include defensive driving training, driver’s education, Drive Safe & Save, accident-free, passive restraint, good driver, and anti-theft.
Progressive policyholders can earn discounts including multi-policy, online quote discount, continuous coverage, homeowner, multi-vehicle, and good student.
Travelers may offer discounts for home ownership, payment discounts, early quote, IntelliDrive, student away at school, hybrid/electric vehicle, and multi-policy.
American Family has discounts for multi-vehicle, good driver, mySafetyValet, defensive driver, air bags, and Steer into Savings.
Liberty Mutual offers discounts for hybrid vehicle, new graduate, teen driver discount, exclusive group savings, and newly married.

If you want , ask every company which discounts you may be entitled to. Some discounts listed above may not apply to policyholders in your area. To see a list of auto insurance companies that offer discounts, click here to view.

To get , there a variety of ways of comparing rate quotes from many different insurance companies. The easiest way to lower the rate you pay for insurance is to get quotes online. This is very easy and can be done in several different ways.

The most efficient way to find low rates is a comparison rater form (click to open form in new window). This form prevents you from having to do a different quote for every prospective company. One form submission compares rates from all major companies. Just one form and you’re done.
A more difficult way to compare rate quotes requires you to visit each company website and repeat the quote process. For example, let’s assume you are doing a rate comparison from State Farm, Liberty Mutual and Farmers. To get each rate you have to spend time going to each site individually and type in your information over and over, which is why most consumers use the first method.
For a list of links to insurance companies in your area, click here.
The hardest method to price shop rates to each insurance agency near you. The fact that you can get quotes online has made agencies unnecessary unless you require the extra assistance of a local agency. It is possible to comparison shop your insurance online but have a local agent actually write the policy.

Whichever method you choose, be sure you’re using apples-to-apples coverages and limits with each company. If you are comparing unequal deductibles or liability limits you can’t possibly decipher which rate is best. Just a small difference in coverage limits can make a big difference in price. Just remember that more quotes helps locate the best offered rates.

Learn How to Find Auto Insurance for Less

Multiple criteria are used when you get your auto insurance bill. Most are fairly basic such as your driving history, but others are more obscure such as your credit history or your commute time. insurance prices

Gender and car insurance – The statistics show that females take fewer risks when driving. This data doesn’t prove that males are worse at driving than females. Females and males cause auto accidents in similar numbers, but men tend to have higher claims. In addition to higher claims, males also receive more major tickets such as driving while intoxicated (DWI) or driving recklessly.
Liability insurance is peace of mind – Your policy’s liability coverage will provide protection if you are determined to be liable for causing damage or personal injury in an accident. It will provide for a legal defense starting from day one. This coverage is very inexpensive when compared to the cost of physical damage coverage, so insureds should have plenty of protection for their assets.
Tickets and citations cost more than a fine – Having a single ticket may cause rates to rise twenty percent or more. Careful drivers tend to pay less for car insurance compared to bad drivers. Drivers who have flagrant violations such as DWI, reckless driving or hit and run convictions may face state-mandated requirements to prove financial responsibility to the state department of motor vehicles in order to legally drive a vehicle.
High comp and collision deductibles equal low rates – The deductibles you choose tell how much the insured will be required to pay if the claim is covered. Insurance for physical damage, also called ‘full coverage’, is used to repair damage to your car. A few examples of covered claims are colliding with a stationary object, damage caused by hail, and damage caused by road hazards. The more damage repair cost you pay before a claim is paid (deductible), the less money you will pay for auto insurance for CL550 insurance.
Stay claim-free and save money – If you are a frequent claim filer, you can look forward to much higher rates or policy non-renewal. Car insurance companies award the lowest premiums to insureds who are claim-free. Insurance coverage is intended for the large, substantial claims.
Get cheaper premiums if you’re married – Having a spouse may cut your premiums when buying auto insurance. Marriage translates into being more stable financially and it’s statistically proven that drivers who are married file infrequent claims.
Your address can influence rates – Being located in areas with lower population is a positive aspect when shopping for auto insurance. Less people living in that area means less chance of accidents in addition to fewer liability claims. Urban drivers tend to have much more traffic and longer commute times. More time commuting means a statistically higher chance of an accident.
Performance impacts insurance rates – The make and model of the car, truck or SUV you own makes a big difference in the rate you pay. The lowest premiums are usually found on lower cost passenger vehicles, but there are many factors that impact the final cost. Because the Mercedes-Benz CL550 is classified as a luxury sedan, insuring your vehicle will cost more compared to average rates.

Independent or captive car insurance agents

Certain consumers just prefer to visit with an insurance agent and that can be a great decision The best thing about comparing insurance prices online is you may find lower rates but still work with a licensed agent.

After filling out this simple form, your coverage information gets sent to insurance agents who will gladly provide quotes and help you find cheaper coverage. It’s much easier because you don’t need to find an agent since price quotes are sent immediately to your email address. It’s the lowest rates without the usual hassles of price shopping. In the event you want to get a comparison quote for a specific company, don’t hesitate to find their quoting web page and fill out the quote form the provide.

Choosing an insurer shouldn’t rely on just a low price. Any agent should be willing to answer these questions.

Is insurance their full-time profession?
Do they feel the quoted coverages are adequate?
Is vehicle mileage a factor when determining depreciation for repairs?
Are they actively involved in the community?
What are their preferred companies if they are an independent agency?

If you would like to find a local agent, there are two different agency structures that you can select. agents are either independent or captive depending on the company they work for.

Captive Auto Insurance Agencies

Captive insurance agents can only place business with one company and some examples include Allstate, AAA, Farmers Insurance, and State Farm. Captive agents cannot place coverage with different providers so if the price isn’t competitive there isn’t much they can do. Captive insurance agents are usually quite knowledgeable on their company’s products and that allows them to sell at a higher price point. Some people will only use the same agent primarily because of the brand and solid financial strength.

Independent Auto Insurance Agencies

Independent agencies are not employed by any specific company and that gives them the ability to insure amongst many companies and get you the best rates possible. If prices rise, your agent can just switch to a different company and the insured can keep the same agent. If you need cheaper auto insurance rates, it’s a good idea to include rate quotes from a few independent agents for the best price selection. Most have the option of insuring with companies you’ve never heard of which could offer lower prices.

To search for insurance agencies near you, click through to locate an insurance agent.

But the ad said I’d save 15% in 15 minutes!

Big name companies like Allstate and Progressive continually stream television and radio advertisements. All the companies make an identical promise about how much you will save just by moving your auto insurance policy to them. How is it plausible that every one can claim to save you money? It’s all in the words they use.

Auto insurance companies have underwriting criteria for the type of customer they prefer to insure. For example, this type of driver may need to be between the ages of 30 and 50, has never had a claim, and drives less than 10,000 miles a year. Someone who matches that profile receives the best rates and most likely will save quite a bit of money when switching.

Drivers who don’t meet those standards may receive a higher rate which leads to the customer not buying. The trick is to say “customers who switch” but not “everyone who gets a quote” will save that much if they switch. That’s why companies can truthfully advertise the savings. This really drives home the point why drivers must compare many company’s rates. It’s impossible to know which auto insurance company will have the best prices at this point in time.

More effort can pay off

We just showed you a lot of techniques to reduce Mercedes-Benz CL550 insurance rates online. The most important thing to understand is the more companies you get car insurance rates for, the higher the chance of saving money. Consumers could even find that the best rates are with a company that doesn’t do a lot of advertising.

As you prepare to switch companies, don’t be tempted to skimp on critical coverages to save a buck or two. In many instances, an accident victim reduced liability coverage limits only to regret that the few dollars in savings costed them thousands. The aim is to buy a smart amount of coverage at the best price and still be able to protect your assets.

Drivers who switch companies do it for many reasons like extreme rates for teen drivers, denial of a claim, an unsatisfactory settlement offer and even being labeled a high risk driver. Whatever your reason, finding a great new company is actually quite simple.