Compare 2003 Mercedes-Benz SLK-Class Insurance Quotes

Looking for the cheapest auto insurance rates for your Mercedes-Benz SLK-Class? Finding the cheapest insurance for a Mercedes-Benz SLK-Class can be a lot of work, but you can learn these tips to save time.

There are more efficient ways to buy auto insurance and we’ll show you the best way to price shop coverage for a Mercedes-Benz and get the best price possible from both online companies and local agents.

Discounts to lower 2003 Mercedes-Benz SLK-Class insurance rates

Insuring your fleet can be pricey, but discounts can save money and there are some available that you may not know about. A few discounts will automatically apply at the time of quoting, but less common discounts must be specifically requested before they will apply. If you’re not getting every credit you deserve, you are paying more than you should be.

  • Student in College – Kids in college who live away from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Club Memberships – Being a member of certain professional organizations is a good way to get lower rates on insurance coverage on SLK-Class coverage.
  • Federal Employees – Being employed by or retired from a federal job can earn a discount up to 10% on SLK-Class coverage depending on your company.
  • Driver’s Ed – Cut your cost by having your teen driver enroll in driver’s education in high school.
  • Homeowners Savings – Simply owning a home can help you save on insurance coverage because owning a home is proof that your finances are in order.
  • Discount for New Cars – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
  • One Accident Forgiven – Certain companies allow you one accident before hitting you with a surcharge as long as you don’t have any claims for a set time period.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems are stolen less frequently and earn discounts up to 10%.
  • Anti-lock Brake System – Cars that have steering control and anti-lock brakes are safer to drive and therefore earn up to a 10% discount.
  • 55 and Retired – Older drivers can possibly qualify for reduced rates on SLK-Class coverage.

Consumers should know that many deductions do not apply to the entire cost. Some only reduce the cost of specific coverages such as comp or med pay. So even though it sounds like it’s possible to get free car insurance, companies wouldn’t make money that way. Any qualifying discounts will bring down your premiums.

Insurance companies who might offer these money-saving discounts include:

Check with each company how you can save money. Savings might not apply in your area.

Free Quotes for Auto Insurance

Most major insurance companies provide pricing online. Getting online rates is quite simple as you just type in your coverage information as detailed in the form. Behind the scenes, the company’s rating system obtains information on your driving record and credit history and provides a quote determined by many factors.

Online price quotes simplifies rate comparisons, but the time it takes to visit many different websites and type in the same information gets old quite quickly. Unfortunately, it is important to compare as many rates as possible if you want to find the lowest possible prices on auto insurance.

Rate comparisons made easy

A less time-consuming method to compare auto insurance pricing utilizes a single form that analyzes rates from multiple companies. This type of form saves time, eliminates repetitive work, and makes online shopping much more enjoyable. Once the form is submitted, it is rated and you can choose your choice of the returned quotes.

If a lower price is quoted, you simply finish the application and buy the policy. This process takes 15 minutes at the most and you will find out if you’re overpaying now.

To quickly find out if lower rates are available, simply click here to open in new window and submit your coverage information. If you have coverage now, it’s recommended you duplicate the coverage information just like they are on your policy. This guarantees you will be getting a fair comparison based on identical coverages.

Tailor your coverage to you

When choosing the right insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that can aid in determining if your situation might need professional guidance.

  • What is covered by UM/UIM coverage?
  • Do I need to file an SR-22 for a DUI in my state?
  • Where can I get insurance after a DUI in my state?
  • How do I buy GAP insurance?
  • When should I not file a claim?
  • Do I need special endorsements for business use of my vehicle?
  • Do I need motorclub coverage?
  • Will my insurance pay for OEM parts?
  • What are the best liability limits?

If it’s difficult to answer those questions then you might want to talk to a licensed agent. To find an agent in your area, complete this form. It is quick, free and can help protect your family.

Coverages available on your insurance policy

Knowing the specifics of insurance can help you determine appropriate coverage and proper limits and deductibles. The terms used in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive coverage (or Other than Collision)

This coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as hitting a deer, damage from flooding and rock chips in glass. The highest amount a insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability auto insurance

Liability coverage will cover damages or injuries you inflict on other’s property or people that is your fault. This coverage protects you against claims from other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for things such as court costs, attorney fees and pain and suffering. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Insurance for medical payments

Med pay and PIP coverage kick in for expenses such as hospital visits, surgery and doctor visits. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not an option in every state but it provides additional coverages not offered by medical payments coverage

Coverage for collisions

Collision insurance covers damage to your SLK-Class from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for things like crashing into a building, scraping a guard rail and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Another option is to choose a higher deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

This gives you protection when the “other guys” do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your 2003 Mercedes-Benz SLK-Class.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Frequently these coverages are set the same as your liablity limits.

Find Good Coverage for Less

People leave their current company for a number of reasons such as delays in paying claims, high prices, extreme rates for teen drivers or even unfair underwriting practices. Whatever your reason, finding the right insurance coverage provider is easier than you think.

Budget-conscious 2003 Mercedes-Benz SLK-Class insurance is attainable online in addition to many insurance agents, and you should compare price quotes from both to have the best chance of lowering rates. A few companies do not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

While you’re price shopping online, don’t be tempted to reduce needed coverages to save money. In many instances, an insured dropped comprehensive coverage or liability limits and learned later they didn’t purchase enough coverage. Your aim should be to buy the best coverage you can find at an affordable rate while still protecting your assets.

For more information, feel free to browse the resources below: