1998 Mercedes-Benz CL-Class Insurance Cost

Trying to find better insurance coverage rates for your Mercedes-Benz CL-Class? Having to pay for overpriced insurance coverage can drain your personal savings and make it impossible to make ends meet. Comparison shopping is free and is an excellent way to help make ends meet.

Popular companies such as State Farm and Geico constantly bombard you with fancy advertisements and it can be hard to see through the cute green geckos and mayhem and find the best price available.

It’s smart to take a look at other company’s rates occasionally because rates are adjusted regularly by insurance companies. Just because you found the best rates on CL-Class insurance two years ago you may be paying too much now. So just forget all the misinformation about insurance coverage because you’re about to learn one of the quickest ways to remove unneeded coverages and save money.

Vehicle Insurance Comparison

Most major insurance companies provide prices online. Getting online quotes doesn’t take much effort as you just enter the amount of coverage you want into a form. Behind the scenes, their system requests your driving record and credit report and gives you a price quote determined by many factors. Being able to quote online makes comparing rates easy, but the time required to go to multiple sites and type in the same information can be a bit repetitive. But it’s very important to have as many quotes as possible in order to get the best price on insurance.

The preferred way to find cheaper rates requires only one form that analyzes rates from many companies. It’s a real time-saver, eliminates form submissions, and makes price shopping online much more enjoyable and efficient. After your information is entered, your coverage is rated with multiple companies and you can pick any or none of the quotes returned.

If a lower price is quoted, you can simply submit the application and buy the new coverage. This process only takes a few minutes and could lower your rates considerably.

To quickly find out what other companies charge, simply click here to open in new window and begin entering your coverage information. To compare your current rates, we recommend you enter the limits and deductibles identical to your current policy. Doing this guarantees you are getting comparison quotes based on identical coverages.

Discounts can save BIG

Car insurance can cost a lot, but companies offer discounts that many people don’t even know exist. Certain discounts will be triggered automatically at the time you complete a quote, but some must be asked for before you get the savings.

  • New Vehicle Savings – Adding a new car to your policy can be considerably cheaper because new vehicles have to meet stringent safety requirements.
  • Drive Less and Save – Keeping the miles down on your Mercedes-Benz could be rewarded with a substantially lower rate.
  • Homeowners Pay Less – Simply owning a home may trigger a auto insurance policy discount because owning a home shows financial diligence.
  • Driver Safety – Successfully completing a driver safety course could possibly earn you a 5% discount if you qualify.
  • Air Bag Discount – Vehicles equipped with air bags can get savings of up to 25% or more.
  • Distant Student – Kids in college who are attending college without a vehicle on campus may be able to be covered for less.

Keep in mind that some credits don’t apply to your bottom line cost. A few only apply to specific coverage prices like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way. Any amount of discount will reduce the amount you have to pay.

To see a list of providers who offer auto insurance discounts, click here.

Complexity of Mercedes-Benz CL-Class insurance rates

Smart consumers have a good feel for the different types of things that play a part in calculating auto insurance rates. Understanding what impacts premium levels empowers consumers to make smart changes that could result in big savings.

Shown below are a few of the “ingredients” used by your company to calculate premiums.

  • Do you qualify for a multi-policy discount? – The majority of insurers will award you with lower prices to people who carry more than one policy, otherwise known as a multi-policy discount. Even though this discount sounds good, it’s in your best interest to comparison shop to ensure the best deal. Consumers may find a better deal by buying insurance from more than one company.
  • Men are more aggressive – Statistics show women tend to be less risk to insure than men. That doesn’t necessarily mean that women are better drivers. Men and women are in accidents at about the same rate, but men cause more damage. Men also have more aggressive citations like DUI and reckless driving. Male drivers age 16 to 19 are the most expensive to insure and are penalized with high auto insurance rates.
  • Better credit means lower rates – A driver’s credit rating is a huge factor in calculating your auto insurance rates. Drivers with good credit tend to file fewer claims and have better driving records as compared to drivers with poor credit. If your credit rating can use some improvement, you could pay less to insure your 1998 Mercedes-Benz CL-Class by improving your credit score.
  • Always keep insurance in force – Driving without insurance is a misdemeanor and your next policy will cost more because you let your coverage have a gap. Not only will you pay more, but not being able to provide proof of insurance can result in a revoked license or a big fine.You may have to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.
  • Big city or small town – Residing in small towns and rural areas is a positive aspect when buying auto insurance. Lower population means a lower chance of having an accident. City drivers tend to have more traffic problems and much longer commute distances. Longer commute distances translates into higher accident risk.
  • Do you know your deductibles? – Deductibles for physical damage define the amount you are willing to pay before your auto insurance pays a claim. Physical damage coverage, termed comprehensive and collision coverage on your policy, protects your car from damage. Examples of covered claims are running into the backend of another car, collision with an animal, and windstorm damage. The more money you’re willing to pay, the less your company will charge you for insurance on CL-Class insurance.
  • Do you work long hours in a high stress job? – Did you know that where you work can have an impact on rates? Careers like doctors, business owners and accountants tend to have higher rates than average attributed to high stress levels and long work days. On the flip side, jobs such as pilots, athletes and performers receive lower rates on CL-Class insurance.

Will just any policy work for me?

When it comes to buying the right insurance coverage, there really is no one size fits all plan. Your needs are not the same as everyone else’s so this has to be addressed. Here are some questions about coverages that might help in determining if your situation would benefit from an agent’s advice.

  • Should I file a claim if it’s only slightly more than my deductible?
  • What if I don’t agree with a claim settlement offer?
  • Can I drive in Mexico and have coverage?
  • What is the ISO rating for a 1998 Mercedes-Benz CL-Class?
  • How much can I save by bundling my policies?
  • Do I need higher collision deductibles?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?

If it’s difficult to answer those questions, you may need to chat with an agent. If you don’t have a local agent, complete this form or click here for a list of insurance coverage companies in your area.

Do drivers who switch really save $453 a year?

Auto insurance companies such as Progressive, Geico, Allstate and State Farm constantly bombard you with ads on TV and radio. They all seem to make the same claim of big savings if you switch to them. But how can every company say the same thing? It’s all in the numbers.

All the different companies have a preferred profile for the type of customer that earns them a profit. For instance, a driver they prefer could be between the ages of 40 and 55, has no tickets, and drives less than 7,500 miles a year. Any driver who meets those qualifications receives the best rates and as a result will probably save quite a bit of money when switching.

Consumers who fall outside the “perfect” profile must pay higher prices and ends up with business not being written. The ads state “customers that switch” not “everyone that quotes” save that much money. That is how companies can truthfully make those claims.

This illustrates why you need to get as many quotes as possible. You cannot predict which auto insurance company will give you the biggest savings on Mercedes-Benz CL-Class insurance.

Detailed coverages of your auto insurance policy

Understanding the coverages of your auto insurance policy can be of help when determining appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. Shown next are the normal coverages found on the average auto insurance policy.

Medical expense coverage

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses such as X-ray expenses, rehabilitation expenses and surgery. They are often used to fill the gap from your health insurance policy or if you lack health insurance entirely. It covers you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Collision coverage protection

Collision coverage covers damage to your CL-Class caused by collision with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers claims like hitting a parking meter, rolling your car and hitting a mailbox. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from older vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Comprehensive protection

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage pays for things like hail damage, damage from flooding, hitting a bird, vandalism and falling objects. The maximum payout a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability auto insurance

This coverage can cover damages or injuries you inflict on other people or property in an accident. This insurance protects YOU from claims by other people. Liability doesn’t cover your own vehicle damage or injuries.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which stand for a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery. Another option is a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability insurance covers things such as loss of income, repair bills for other people’s vehicles, funeral expenses, emergency aid and pain and suffering. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Uninsured or underinsured coverage

This coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your Mercedes-Benz CL-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages are set the same as your liablity limits.

A tidy conclusion

Affordable 1998 Mercedes-Benz CL-Class insurance is definitely available from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies may not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

In this article, we covered a lot of ways to lower your insurance rates. The key concept to understand is the more price quotes you have, the better your chances of lowering your rates. You may be surprised to find that the lowest rates come from a smaller regional carrier. They can often provide lower rates in certain areas as compared to the big name companies such as State Farm and Allstate.

More detailed insurance information can be read at these sites: