Lower Your 2011 Mercedes-Benz CL-Class Insurance Cost

Trying to find the cheapest auto insurance rates for your Mercedes-Benz CL-Class? Tired of not being able to afford to pay your car insurance bill each month? Your situation is no different than many other drivers.

Online insurance companies like Allstate and Progressive increase brand awareness with catchy ads and it can be hard to ignore the flashy ads and find the best price available.

It’s important to check auto insurance prices once or twice a year because rates are rarely the same from one policy term to another. Just because you had the lowest price on CL-Class coverage a couple years back you can probably find a better price now. So ignore everything you know about auto insurance because I’m going to teach you the best methods to find better rates and still maintain coverage.

Quick Car Insurance Quotes

There are several ways to compare rate quotes from local car insurance companies. By far the easiest way to find the cheapest 2011 Mercedes-Benz CL-Class insurance rates is to get quotes online. This can be done in a couple of different ways.

  1. The fastest way consumers can analyze rates is a comparison rater form like this one (opens in new window). This form eliminates the need for separate quote forms for each company you want a rate for. One form gets rate comparisons instantly.
  2. A slightly less efficient method to find lower rates requires a visit to each individual company website and complete a new quote form. For examples sake, let’s say you want to compare USAA, State Farm and Liberty Mutual. To find out each rate you need to go to every website and enter your information, which is why most consumers use the first method.

    To view a list of companies in your area, click here.

It’s up to you which method you use, but ensure you are comparing the exact same coverage limits and deductibles on every quote you get. If the quotes have different values for each quote it will be next to impossible to find the best deal for your Mercedes-Benz CL-Class. Having just a slight variation in insurance coverages can result in a big premium difference. And when comparing car insurance rates, know that comparing a large number of companies gives you a better chance of getting better pricing.

Cut your car insurance rates with discounts

Car insurance companies don’t always advertise every available discount very well, so here is a list some of the more common and also the lesser-known discounts you could be receiving.

  • Multi-policy Discount – If you have multiple policies with one insurance company you will save approximately 10% to 15%.
  • Discount for New Cars – Putting insurance coverage on a new car is cheaper compared to insuring an older model.
  • Auto/Life Discount – Companies who offer life insurance give better rates if you take out life insurance.
  • Good Student – Getting good grades can be rewarded with saving of up to 25%. Earning this discount can benefit you until age 25.
  • Drive Safe and Save – Drivers who don’t get into accidents may receive a discount up to 45% less on CL-Class coverage than their less cautious counterparts.
  • Safety Course Discount – Completing a driver safety course could cut 5% off your bill if your company offers it.
  • Service Members Pay Less – Having a deployed family member may qualify for rate reductions.
  • Driver’s Ed – Have your child take driver’s ed class if it’s offered in school.

A little note about advertised discounts, some credits don’t apply to the entire policy premium. The majority will only reduce individual premiums such as liability and collision coverage. Just because it seems like you would end up receiving a 100% discount, you’re out of luck.

Car insurance companies that may have these benefits are:

Check with all companies you are considering what discounts are available to you. Some discounts may not be available everywhere.

You are unique and your insurance coverage should be too

When buying coverage, there is no perfect coverage plan. Everyone’s situation is a little different so your insurance should reflect that Here are some questions about coverages that can aid in determining whether or not you might need an agent’s assistance.

  • Are there companies who specialize in insuring high-risk drivers?
  • Am I missing any policy discounts?
  • Do I have any recourse if my insurance company denies a claim?
  • What is the difference between comprehensive and collision coverage?
  • Does my medical payments coverage pay my health insurance deductible?
  • Where can I find DUI or SR-22 insurance?
  • Is my babysitter covered when using my vehicle?
  • Am I covered if I break a side mirror?

If you’re not sure about those questions then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form or you can go here for a list of companies in your area.

What determines your Mercedes-Benz CL-Class insurance premium

Smart consumers have a good feel for the factors that go into determining the rates you pay for car insurance. Knowing what influences your rates empowers consumers to make smart changes that may reward you with lower car insurance prices.

Listed below are some of the items used by your company to calculate rates.

  • Do you know your deductibles? – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Mercedes-Benz. Some instances where coverage would apply are running into the backend of another car, vandalism, and windstorm damage. Physical damage deductibles are how much you are required to spend out-of-pocket before your car insurance pays a claim. The higher the amount you are required to pay out-of-pocket, the lower your rates will be on CL-Class coverage.
  • Tickets mean higher rates – Just one moving violation may increase your cost twenty percent or more. Drivers with clean records get better rates than bad drivers. Drivers who have serious citations like hit and run, DWI or reckless driving convictions may need to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to continue driving.
  • Allowing your policy to lapse raises rates – Not having insurance is illegal and your next policy will cost more because you let your coverage have a gap. And not only will insurance be more expensive, but being ticketed for driving with no insurance might get you a steep fine or even jail time.You may need to prove you have insurance by filing a SR-22 with your state DMV.
  • Multi-policy discounts can save money – Some insurers provide better rates to people who consolidate policies with them. It’s known as a multi-policy discount. Discounts can be five, ten or even twenty percent. Even with this discount, it’s in your best interest to compare other company rates to ensure the best deal. Drivers may still find better rates by splitting coverages up.
  • Safer occupants lowers premiums – Vehicles with high crash test scores tend to have better insurance rates. Safer cars protect occupants better and better occupant protection translates into fewer and smaller insurance claims and more competitive rates for policyholders. If your Mercedes-Benz earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.

Auto insurance ads bend the truth

Auto insurance providers like Progressive, Allstate and Geico continually stream television and radio advertisements. They all make the same claim that you’ll save big after switching to them. How can each company say the same thing?

All the different companies are able to cherry pick for the type of customer that is profitable for them. For example, a driver they prefer could be over the age of 50, owns a home, and drives newer vehicles. A customer getting a price quote who matches those parameters will get very good rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who do not match these standards will have to pay a higher premium and this can result in the customer not buying. The ads say “drivers who switch” but not “drivers who get quotes” save that much money. That’s why insurance companies can advertise the way they do. Because of the profiling, you absolutely need to get as many comparisons as possible. Because you never know which auto insurance company will provide you with the cheapest Mercedes-Benz CL-Class insurance rates.

The coverage is in the details

Learning about specific coverages of a auto insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be confusing and coverage can change by endorsement. Shown next are the usual coverages available from auto insurance companies.

Comprehensive insurance – This pays to fix your vehicle from 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 protects against claims such as fire damage, a tree branch falling on your vehicle, theft and rock chips in glass. The maximum amount a auto insurance company will pay at claim time is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage pay for expenses for things like funeral costs, prosthetic devices and EMT expenses. The coverages can be used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

Collision coverage – Collision insurance will pay to fix damage to your CL-Class caused by collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as colliding with a tree, colliding with another moving vehicle, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Liability insurance – Liability insurance provides protection from damage that occurs to a person or their property by causing an accident. This coverage protects you from legal claims by others. It does not 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. Your policy might show limits of 25/50/25 that means you have $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability insurance covers things like funeral expenses, bail bonds and structural damage. How much liability should you purchase? That is a personal decision, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM) – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Mercedes-Benz CL-Class.

Due to the fact that many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea.

Pennies from heaven

Cheaper 2011 Mercedes-Benz CL-Class insurance is available from both online companies and also from your neighborhood agents, and you should compare price quotes from both in order to have the best price selection to choose from. A few companies may not provide online quoting and usually these small, regional companies provide coverage only through local independent agents.

You just learned a lot of tips how to save on insurance. The key thing to remember is the more rate comparisons you have, the higher the chance of saving money. Consumers could even find that the lowest rates come from a smaller regional carrier. Smaller companies often have lower prices on specific markets compared to the large companies like Geico and State Farm.

Additional detailed information is available in the articles below: