Cheaper 2015 Mercedes-Benz SLK-Class Insurance Quotes

Searching for the cheapest insurance for your Mercedes-Benz SLK-Class can turn out to be a lot of work, but you can learn these tips to make it easier.

There are more efficient ways to shop for insurance coverage so we’re going to tell you the absolute fastest way to price shop coverage for a Mercedes-Benz and find the best price possible from both online companies and local agents.

Impacting insurance rates for a Mercedes-Benz SLK-Class

Smart consumers have a good feel for the rating factors that play a part in calculating your auto insurance rates. Having a good understanding of what determines base rates enables informed choices that may reward you with much lower annual insurance costs.

  • Where you live can impact rates – Being located in a rural area can be a good thing when insuring your vehicles. Fewer drivers means a lower chance of having an accident. Drivers who live in large cities regularly have much more traffic to deal with and much longer commute distances. Higher commute times can result in more accidents.
  • High numbers of claims are not good – If you file claims often, you can expect either policy cancellation or increased premiums. Auto insurance companies generally give better rates to policyholders who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Pleasure use saves money – The higher the mileage driven each year the more you’ll pay to insure your vehicle. Most companies charge to insure your cars based upon how you use the vehicle. Cars and trucks left parked in the garage get more affordable rates compared to those used for work or business. Make sure your auto insurance declarations sheet is rated on the correct usage for each vehicle. Incorrect usage on your SLK-Class may be costing you.
  • High credit ratings translate to low rates – Your credit score is a important factor in your rate calculation. People with high credit scores tend to be more responsible than those with lower credit ratings. So if your credit is low, you could save money insuring your 2015 Mercedes-Benz SLK-Class by spending a little time repairing your credit.

Cheap Insurance Comparisons

Finding a better price on insurance can be surprisingly simple. Just spend a little time comparing price quotes online with multiple companies. This is very easy and can be done in several different ways.

  1. The fastest way consumers can make multiple comparisons is an all-inclusive rate comparison like this one (opens in new window). This type of form keeps you from doing repetitive form submissions for each company you want a rate for. A single, simple form will get you price quotes instantly.It’s the quickest way to get rates.
  2. A different way to compare rate quotes is spending the time to visit the website of each company to request a price quote. For example, we’ll assume you want comparison quotes from Liberty Mutual, Safeco and Travelers. To get each rate you have to take the time to go to each site to enter your coverage information, which is why the first method is quicker. To view a list of companies in your area, click here.
  3. The most time-consuming method of getting rate comparisons is to waste gas driving to local insurance agencies. Shopping for insurance online makes this process obsolete unless you have a need for the professional guidance of a licensed agent. Drivers can compare the best prices online and still use a local agent.

Which method you use is up to you, but make darn sure you compare exactly the same quote information with every price quote. If the quotes have different limits and deductibles on each one it’s impossible to make an equal comparison.

Take advantage of discounts

Car insurance is not cheap, but there are discounts available to cut the cost considerably. Some trigger automatically at the time you complete a quote, but some must be specifically requested before being credited. If you’re not getting every credit possible, you’re just leaving money on the table.

  • Auto/Life Discount – Some companies give lower rates if you buy life insurance from them.
  • Military Discounts – Having a family member in the military could be rewarded with lower premiums.
  • Homeowners Savings – Owning a home can save you money because owning a home shows financial diligence.
  • Air Bag Discount – Vehicles equipped with air bags or automatic seat belts can qualify for discounts up to 30%.
  • No Claims – Good drivers with no accidents pay much less when compared to accident-prone drivers.
  • Payment Discounts – If you pay your entire premium ahead of time instead of paying each month you could save 5% or more.
  • Federal Government Employee – Employees or retirees of the government may qualify you for a discount for SLK-Class coverage depending on your company.
  • Discounts for Safe Drivers – Drivers who don’t get into accidents may receive a discount up to 45% less for SLK-Class coverage than less cautious drivers.
  • Multi-policy Discount – If you have multiple policies with one insurance company you may earn 10% to 20% off each policy.
  • Memberships – Affiliation with a professional or civic organization could qualify you for a break when buying auto insurance for SLK-Class coverage.

Drivers should understand that some of the credits will not apply to the entire cost. Most only cut specific coverage prices like liability, collision or medical payments. Just because it seems like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will cut your overall premium however.

For a list of providers with discount auto insurance rates, click this link.

How to know if you need help

When it comes to choosing the best insurance coverage, there isn’t really a perfect coverage plan. Everyone’s situation is a little different.

For instance, these questions can aid in determining if your insurance needs will benefit from professional help.

  • Am I covered if I hit my neighbor’s mailbox?
  • Am I covered when driving a rental car?
  • Am I covered when driving in Canada or Mexico?
  • When would I need additional glass coverage?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Can my teen driver be rated on a liability-only vehicle?
  • Will my insurance pay for OEM parts?

If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form. It is quick, free and can provide invaluable advice.

Auto insurance coverage information

Understanding the coverages of your insurance policy helps when choosing the best coverages and the correct deductibles and limits. The terms used in a policy can be impossible to understand and coverage can change by endorsement.

Comprehensive coverage (or Other than Collision) – This coverage covers damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as hail damage, a tree branch falling on your vehicle, damage from getting keyed and damage from flooding. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like dental work, X-ray expenses, hospital visits and prosthetic devices. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. They cover you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage

Collision coverages – This coverage will pay to fix damage to your SLK-Class from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like sideswiping another vehicle, backing into a parked car, hitting a parking meter and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also raise the deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Mercedes-Benz SLK-Class.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Liability auto insurance – This coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability can pay for things such as medical expenses, emergency aid, court costs, funeral expenses and loss of income. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Shop smart and save

Low-cost 2015 Mercedes-Benz SLK-Class insurance can be bought online in addition to many insurance agents, and you need to comparison shop both in order to have the best price selection to choose from. Some auto insurance companies do not provide online quoting and these regional insurance providers work with independent agents.

In this article, we covered a lot of techniques to lower your insurance rates. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. You may even find the most savings is with the smaller companies.

When shopping online for auto insurance, it’s not a good idea to reduce coverage to reduce premium. In too many instances, consumers will sacrifice full coverage only to find out they didn’t have enough coverage. Your goal should be to buy the best coverage you can find at a price you can afford while still protecting your assets.

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