View 2014 Mercedes-Benz GLK-Class Insurance Rates

Have you had enough of robbing Peter to pay Paul to buy car insurance? You’re in the same situation as the majority of other car owners. Companies like Geico, 21st Century and Progressive constantly bombard you with advertising and consumers find it hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

It’s a good habit to do rate comparisons on a regular basis since insurance rates fluctuate regularly. Just because you found the best rates on GLK-Class insurance a year ago the chances are good that you can find a lower rate today. Starting now, forget all the misinformation about auto insurance because I’m going to teach you the things you must know in order to remove unneeded coverages and save money.

Be sure to get all your discounts

Companies that sell car insurance don’t always advertise every available discount very clearly, so the following is a list of both well-publicized as well as the least known discounts you could be receiving. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Pay Upfront and Save – If you pay your entire premium ahead of time instead of monthly or quarterly installments you could save 5% or more.
  • Own a Home – Owning a home may earn you a small savings due to the fact that maintaining a home is proof that your finances are in order.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if it’s offered in school.
  • No Claims – Drivers with accident-free driving histories can earn big discounts when compared to frequent claim filers.
  • Auto/Home Discount – If you insure your home and vehicles with the same company you may earn up to 20% off your total premium.
  • Sign Early and Save – Select companies give a discount for switching policies before your current expiration date. It can save you around 10%.

Drivers should understand that most discount credits are not given to the entire cost. The majority will only reduce the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like you could get a free insurance coverage policy, companies don’t profit that way.

Insurance companies that may offer these money-saving discounts include:

Double check with each insurance company which discounts they offer. Some discounts might not apply in your state.

Where Can I Get Cheap Auto Insurance?

Most companies provide prices online. Obtaining pricing is quite simple as you simply enter the coverage amounts you desire into the quote form. Once entered, their system automatically retrieves your driving record and credit report and returns a price. Online quotes simplifies rate comparisons, but having to visit each company’s website and repetitively enter the same data into a form is monotonous and tiresome. Unfortunately, it is important to get many rate quotes if you are searching for the lowest possible prices on auto insurance.

Quote rates the easy way

The preferred way to compare rates makes use of a single form that gets prices from a bunch of companies at once. It’s a real time-saver, helps eliminate reptitive entry, and makes rate comparisons a lot less work. After sending the form, it is quoted and you are able to buy any of the price quotes you receive. If you find a better price you can click and sign and purchase the new policy. It takes 15 minutes at the most and could lower your rates considerably.

In order to find out how much you’re overpaying now, click here to open in a new tab and enter your information. If you have a policy now, it’s recommended you input coverages and limits exactly as shown on your declarations page. This guarantees you will have rate comparison quotes for similar coverage.

Mercedes-Benz GLK-Class premiums are determined by many factors

Smart consumers have a good feel for the factors that go into determining insurance rates. Having a good understanding of what influences your rates helps enable you to make changes that will entitle you to better insurance rates.

  • Multiple policies with one company can save – Some insurance companies give discounts to policyholders who consolidate policies with them, otherwise known as a multi-policy discount. Even with this discount, you may still want to shop around to verify if the discount is saving money.
  • Theft deterrents lower rates – Purchasing a vehicle with a theft deterrent system can help bring down rates. Theft prevention devices like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping car theft.
  • Younger drivers pay higher rates – Youthful drivers tend to get distracted easily in a vehicle so insurance rates are higher. Mature drivers are more responsible, tend to file fewer claims and get fewer tickets.
  • Sex matters – The statistics show women tend to be less risk to insure than men. However, this does not mean women are better drivers. Men and women cause accidents at a similar rate, but men have costlier accidents. Men also have more aggressive citations like DUI and reckless driving. Male drivers age 16 to 19 are several times more likely to be in an accident and therefore have the most expensive insurance rates.
  • How credit affects insurance rates – Having a bad credit rating is a big factor in determining what you pay for insurance. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with lower ratings. If your credit history can use some improvement, you could be paying less to insure your 2014 Mercedes-Benz GLK-Class by repairing your credit.

How do I know if I need professional advice?

When it comes to buying the best insurance coverage for your personal vehicles, there is no best way to insure your cars. Each situation is unique and a cookie cutter policy won’t apply. For example, these questions might point out if you would benefit from professional advice.

  • Should I put collision coverage on all my vehicles?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • How can I get my company to pay me more for my totalled car?
  • Do I pay less if my vehicle is kept in my garage?
  • Is my camper covered by my car insurance policy?
  • When should I not file a claim?
  • Do I need motorclub coverage?
  • How does medical payments coverage work?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and you can get the answers you need.

Can you really save $444 a year?

Consumers can’t get away from ads that promise big savings from companies such as Allstate, Geico and Progressive. All the ads say the same thing that you’ll save big if you move your policy.

How do they all make the same claim?

All companies are able to cherry pick for the driver that makes them money. For instance, a driver they prefer could possibly be over the age of 40, has no prior claims, and has a high credit rating. A propective insured who matches those parameters receives the best rates and as a result will probably pay quite a bit less when switching companies.

Potential insureds who don’t meet the requirements will be quoted higher premiums and this can result in business not being written. The ads say “customers who switch” not “everybody who quotes” save that kind of money. That’s why insurance companies can make those claims. This emphasizes why it’s extremely important to get as many comparisons as possible. Because you never know the company that will have the lowest Mercedes-Benz GLK-Class insurance rates.

Insurance coverage considerations

Learning about specific coverages of your policy can help you determine which coverages you need and proper limits and deductibles. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages available from insurance companies.

Liability auto insurance

Liability insurance provides protection from injuries or damage you cause to other’s property or people in an accident. This coverage protects you from legal claims by others. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 25/50/25 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and property damage coverage for $25,000.

Liability can pay for claims such as emergency aid, funeral expenses, repair costs for stationary objects and medical expenses. How much liability should you purchase? That is up to you, but buy as large an amount as possible.

Coverage for collisions

Collision coverage covers damage to your GLK-Class caused by collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision can pay for claims like colliding with a tree, colliding with another moving vehicle, hitting a parking meter, rolling your car and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to increase the deductible to save money on collision insurance.

Comprehensive coverage

This coverage pays for damage that is not covered by collision coverage. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things like rock chips in glass, hitting a bird, theft, falling objects and a tree branch falling on your vehicle. The maximum payout a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants and damage to your Mercedes-Benz GLK-Class.

Because many people only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses such as ambulance fees, chiropractic care, prosthetic devices and hospital visits. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Save your cold hard cash

When trying to cut insurance costs, it’s not a good idea to reduce coverage to reduce premium. There have been many cases where an insured cut liability coverage limits and discovered at claim time they didn’t have enough coverage. Your strategy should be to buy the best coverage you can find at an affordable rate, not the least amount of coverage.

You just learned a lot of information how to shop for 2014 Mercedes-Benz GLK-Class insurance online. The key concept to understand is the more rate comparisons you have, the better likelihood of reducing your rate. Consumers could even find that the best prices are with a company that doesn’t do a lot of advertising. Regional companies can often provide lower rates in certain areas compared to the large companies like Allstate, Geico and Progressive.

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