How Much Does 2012 Mercedes-Benz CLS-Class Car Insurance Cost?

Tired of scraping the payment together to insure your Mercedes-Benz every month? Your situation is no different than many other drivers. Numerous auto insurance companies battle to insure your vehicles, so it’s not easy to compare every insurer to find the best price available.

How to Lower Your Auto Insurance Cost

Finding a better price on auto insurance can be surprisingly simple. All you need to do is spend a little time comparing price quotes from different insurance companies. This is very easy and can be done in a couple of different ways.

One of the simplest ways to get quotes is a comparison rater form like this one (opens in new window). This method keeps you from doing boring form submissions for each company. A single form will get you price quotes from several companies.

Another way to get quotes online is spending the time to visit each individual company website to complete their respective quote request forms. For sake of this example, let’s assume you want comparison quotes from GEICO, Allstate and Progressive. You would have to visit each site and enter your information, and that’s why the first method is more popular. For a handy list of car insurance company links in your area, click here.

It’s up to you how you get prices quotes, just ensure you’re using apples-to-apples coverages for every quote you compare. If your comparisons have different limits and deductibles on each one it’s impossible to determine the lowest rate for your Mercedes-Benz CLS-Class.

Are you getting all your discounts?

Properly insuring your vehicles can get expensive, buy you may qualify for discounts to reduce the price significantly. A few discounts will automatically apply at the time of purchase, but some may not be applied and must be asked about before being credited. If you don’t get every credit you qualify for, you’re just leaving money on the table.

  • Paperless Signup – Certain companies may give you up to $50 just for signing your application digitally online.
  • Fewer Miles Equal More Savings – Fewer annual miles on your Mercedes-Benz can qualify you for discounted rates on garaged vehicles.
  • Homeowners Savings – Owning a house may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Braking Control Discount – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
  • 55 and Retired – If you qualify as a senior citizen, you may receive better auto insurance rates for CLS-Class coverage.
  • Memberships – Being a member of a civic or occupational organization may earn a discount on auto insurance for CLS-Class coverage.
  • College Student – Children living away from home attending college and do not have a car may qualify for this discount.
  • Auto/Life Discount – Some companies give lower rates if you buy life insurance.

Drivers should understand that some of the credits will not apply the the whole policy. Some only apply to individual premiums such as liability, collision or medical payments. Just because you may think having all the discounts means you get insurance for free, you’re out of luck. But any discount will cut your premiums.

A partial list of companies that may offer these benefits include:

Double check with every prospective company how you can save money. All car insurance discounts may not apply everywhere.

Tailor your coverage to you

When buying adequate coverage for your vehicles, there isn’t really a “perfect” insurance plan. Everyone’s situation is a little different and your policy should reflect that. These are some specific questions can aid in determining whether or not you may require specific advice.

  • Does my insurance cover a custom paint job?
  • Is my 2012 Mercedes-Benz CLS-Class covered for smoke damage?
  • Do I have any recourse if my insurance company denies a claim?
  • Is my vehicle covered by my employer’s policy when using it for work?
  • How much liability insurance is required?
  • Is my trailer covered?
  • Is my state a no-fault state?
  • Does coverage extend to Mexico or Canada?

If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to an insurance agent. To find an agent in your area, take a second and complete this form or go to this page to view a list of companies. It is quick, free and may give you better protection.

Why your Mercedes-Benz CLS-Class insurance rates may be high

It’s important that you understand some of the elements that play a part in calculating the price you pay for auto insurance. When you know what positively or negatively controls the rates you pay enables informed choices that can help you get lower auto insurance prices.

  • Do you need those extra coverages? – There are a ton of add-on coverages that you can buy if you aren’t careful. Things like rental car reimbursement, towing coverage and membership fees may be wasting your money. These may sound like a good investment when talking to your agent, but your needs may have changed so remove them from your policy.
  • Bad driving skills means higher rates – Just one ticket may increase your cost by as much as thirty percent. Drivers with clean records receive lower rates than their less careful counterparts. Drivers who have dangerous citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form with their state DMV in order to prevent a license revocation.
  • More miles equals more premium – The higher the mileage driven in a year’s time the higher your rate. The majority of insurers price each vehicle’s coverage determined by how the vehicle is used. Vehicles used primarily for pleasure use receive lower rates than vehicles that are driven to work every day. Double check that your auto insurance declarations sheet is rated on the correct usage for each vehicle, because improper ratings can cost you money. If your policy improperly rates your CLS-Class can result in significantly higher rates.
  • Bundling policies can get discounts – The majority of companies give discounts to policyholders who buy several policies from them, otherwise known as a multi-policy discount. If you currently are using one company, you still need to comparison shop to verify if the discount is saving money.

Coverage specifics

Having a good grasp of auto insurance aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be difficult to understand and coverage can change by endorsement. These are typical coverage types found on the average auto insurance policy.

Auto collision coverage

Collision coverage will pay to fix damage to your CLS-Class from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things such as crashing into a ditch, hitting a mailbox, rolling your car, colliding with a tree and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability coverages

This can cover injuries or damage you cause to a person or their property that is your fault. It protects you from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined limit which combines the three limits into one amount without having the split limit caps.

Liability coverage protects against claims such as repair costs for stationary objects, bail bonds, legal defense fees, emergency aid and pain and suffering. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz CLS-Class.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Usually these limits do not exceed the liability coverage limits.

Comprehensive or Other Than Collision

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as hitting a deer, a tree branch falling on your vehicle, hitting a bird, theft and falling objects. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance kick in for expenses such as prosthetic devices, funeral costs and rehabilitation expenses. They are often used to fill the gap from your health insurance program or if you lack health insurance entirely. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Online plus local equals savings

We’ve covered many tips how you can compare 2012 Mercedes-Benz CLS-Class insurance prices online. It’s most important to understand that the more rate quotes you have, the better your chances of lowering your rates. You may be surprised to find that the most savings is with an unexpected company. Some small companies can often provide lower rates in certain areas as compared to the big name companies such as State Farm or Progressive.

Cheaper insurance can be sourced online and also from your neighborhood agents, so compare prices from both in order to have the best price selection to choose from. Some auto insurance companies may not provide online quoting and most of the time these small insurance companies sell through independent agents.

More detailed auto insurance information is located in the articles below: