2007 Mercedes-Benz SLK-Class Car Insurance Rates – 9 Ways to Save

Overwhelmed by the wide range of auto insurance company choices? You have a lot of company. Drivers have so many options that it can easily become a big hassle to find the lowest price.

Choosing the best insurance company for you is quite easy. If you currently have car insurance, you will most likely be able to cut costs considerably using this strategy. Nevertheless, vehicle owners must learn how big insurance companies sell online and use this information to your advantage.

Quick Car Insurance Quotes

There are multiple methods to compare 2007 Mercedes-Benz SLK-Class car insurance quotes, but some are easier and takes less work. You could waste time discussing policy coverages with local insurance agents in your area, or you could save time and use the internet to quickly compare rates.

Many insurance companies are enrolled in a marketplace that enables customers to submit their information once, and each participating company then gives them pricing for coverage. This eliminates the need for quote forms to each company. To find out how much you can save on car insurance click here to open in new window.

One minor caviat to doing it this way is buyers cannot specifically choose which companies you will receive quotes from. If you would rather choose from a list of companies to compare prices, we have a page of low cost car insurance companies in your area. Click here for list of insurance companies.

It’s up to you how you get prices quotes, just make darn sure you compare identical coverage limits for each comparison quote. If you have higher or lower deductibles you can’t possibly truly determine the lowest rate. Just a small difference in insurance coverages may cause a big price difference. Just keep in mind that quoting more helps locate a lower rate.

Don’t be fooled by advertising claims

Car insurance providers like Allstate and Progressive regularly use ads in print and on television. They all make an identical promise that you can save if you move to them. How does each company make the same claim?

Insurance companies have a certain “appetite” for the type of driver that makes them money. An example of a desirable insured might be profiled as a mature driver, is a homeowner, and has a short commute. Any new insured who fits that profile will qualify for the lowest rates and as a result will probably save when switching.

Consumers who do not match the requirements will be quoted a higher premium and this can result in the customer not buying. Company advertisements say “people who switch” not “people who quote” save that much. That is how insurance companies can confidently make the claims of big savings. This emphasizes why drivers must quote coverage with many companies. It’s just too difficult to predict which insurance companies will fit your personal profile best.

Cut prices on 2007 Mercedes-Benz SLK-Class insurance

Auto insurance companies don’t always advertise every available discount in a way that’s easy to find, so here is a list both well-publicized and the harder-to-find auto insurance savings.

  • Passive Restraints – Vehicles equipped with air bags or motorized seat belts can qualify for discounts of 20% or more.
  • Defensive Driving Course – Taking a defensive driving course could possibly earn you a 5% discount if you qualify.
  • Life Insurance – Some companies give a discount if you purchase life insurance from them.
  • Multiple Policy Discount – When you combine your home and auto insurance with the same insurance company you could get a discount of approximately 10% to 15%.
  • Accident Free – Claim-free drivers can earn big discounts when compared to accident-prone drivers.
  • Early Signing – Select companies give a discount for switching to them before your current policy expires. This can save 10% or more.
  • Seat Belts Save – Buckling up and requiring all passengers to use their safety belts could cut 10% or more off your PIP or medical payments premium.
  • Save with a New Car – Adding a new car to your policy is cheaper because new vehicles have to meet stringent safety requirements.
  • Lower Rates for Military – Being on active duty in the military may qualify for rate reductions.

As a disclaimer on discounts, some credits don’t apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as medical payments or collision. Just because you may think you would end up receiving a 100% discount, it doesn’t quite work that way.

To see a list of insurance companies with discount auto insurance rates, click this link.

Tailor your coverage to you

When choosing coverage for your personal vehicles, there really is no one size fits all plan. Every insured’s situation is different.

For example, these questions may help you determine whether your personal situation would benefit from professional advice.

  • Does my car insurance cover rental cars?
  • Are rental cars covered under my policy?
  • Is my teenager covered with friends in the car?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Do I need more liability coverage?
  • Are split liability limits better than a combined single limit?
  • Does car insurance cover theft of personal property?
  • Is business property covered if stolen from my car?
  • Do I need replacement cost coverage?
  • Does my policy cover me when driving someone else’s vehicle?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with an agent. If you want to speak to an agent in your area, fill out this quick form.

Coverages available on your insurance policy

Having a good grasp of insurance aids in choosing the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and reading a policy is terribly boring.

Comprehensive coverages – Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as vandalism, hitting a deer, rock chips in glass, a tree branch falling on your vehicle and hail damage. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Coverage for medical payments – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for surgery, X-ray expenses, rehabilitation expenses, pain medications and hospital visits. They are utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to you and your occupants as well as any family member struck as a pedestrian. PIP is not available in all states but it provides additional coverages not offered by medical payments coverage

Uninsured and underinsured coverage – Your UM/UIM coverage provides protection from other drivers when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family and damage to your Mercedes-Benz SLK-Class.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

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

Collision coverage protects against claims like colliding with a tree, crashing into a building, backing into a parked car, scraping a guard rail and sideswiping another vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.

Liability coverages – This can cover damage or injury you incur to other people or property. It protects YOU from legal claims by others, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like attorney fees, bail bonds, funeral expenses, court costs and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.

In any little way, save everyday

When you buy insurance online, make sure you don’t buy poor coverage just to save money. There have been many cases where consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that saving that couple of dollars actually costed them tens of thousands. The aim is to buy the best coverage you can find for the lowest price.

Discount 2007 Mercedes-Benz SLK-Class insurance can be bought both online in addition to many insurance agents, and you need to comparison shop both to have the best selection. A few companies do not provide you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

Drivers change insurance companies for a variety of reasons including high rates after DUI convictions, high prices, delays in paying claims and even poor customer service. It doesn’t matter why you want to switch switching car insurance companies is not as difficult as it may seem.

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