Cheap 2015 Mercedes-Benz CLS-Class Insurance Rates

Want cheaper car insurance rates for your Mercedes-Benz CLS-Class? No one in their right mind cherishes buying car insurance, particularly when the cost is way too high. Drivers have multiple insurance companies to pick from, and even though it’s nice to have multiple companies, having more car insurance companies makes it harder to find the best rates.

Consumers need to take a look at other company’s rates at least once a year since rates are usually higher with each renewal. If you had the best price on CLS-Class coverage last year the chances are good that you can find a lower rate today. You can find a lot of misleading information regarding car insurance on the web, but with this article, you’re going to get the easiest ways to put money back in your pocket.

Factors that can influence Mercedes-Benz CLS-Class insurance rates

Consumers need to have an understanding of the different types of things that play a part in calculating the rates you pay for insurance. When you know what positively or negatively influences your rates allows you to make educated decisions that may reward you with big savings.

  • Males pay more for insurance – The statistics show women are more cautious behind the wheel. That doesn’t necessarily mean that men are worse drivers. Men and women have accidents in similar numbers, but the male of the species cause more damage. Men also tend to get cited for more serious violations such as reckless driving. Young males are the most expensive to insure and therefore are the most expensive to insure.
  • Low deductibles can be expensive – The deductibles define the amount you are willing to pay out-of-pocket if you file a covered claim. Physical damage coverage, also known as collision and other-than-collision, covers damage that occurs to your car. A few examples of covered claims could be running into the backend of another car, damage from fire, and burglary. The more money you have to pay, the lower your rates will be on CLS-Class coverage.
  • Frequent insurance claims increase rates – Insurance companies award cheaper rates to insureds who are claim-free. If you file claims often, you can expect higher rates. Insurance coverage is intended to be relied upon for larger claims.
  • Extra coverages can waste money – There are quite a few extra coverages you can purchase on your insurance policy. Coverages for roadside assistance, better glass coverage and membership fees are examples of these. These may sound like a good investment initially, but your needs may have changed so eliminate them to save money.
  • Bad driving skills means higher rates – Even a single moving violation can bump up the cost forty percent or more. Drivers who don’t get tickets tend to pay less for car insurance than bad drivers. Drivers who get serious violations like DUI or reckless driving may be required to submit a SR-22 form with their state DMV in order to continue driving.
  • Your car’s features help determine rates – Driving a car with anti-theft technology or alarm system can save you a little every year. Anti-theft devices such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all hinder your car from being stolen.

Save on Mercedes-Benz CLS-Class insurance

Car insurance is not cheap, buy you may qualify for discounts that you may not even be aware of. Certain discounts will be applied at the time you complete a quote, but a few need to be requested specifically prior to getting the savings. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Accident Waiver – A handful of insurance companies permit an accident before hitting you with a surcharge if your claims history is clear prior to the accident.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for a discount up to 10% on CLS-Class coverage.
  • Anti-theft Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and earn discounts up to 10%.
  • Sign Online – Certain companies will discount your bill up to fifty bucks for buying your policy on their website.
  • Low Mileage – Keeping the miles down on your Mercedes-Benz could qualify for better rates on cars that stay parked.
  • Bundle and Save – When you have multiple policies with the same insurance company you may earn up to 20% off your total premium.
  • Government Employees – Active or retired federal employment can earn a discount up to 10% on CLS-Class coverage with select insurance companies.

It’s important to understand that some credits don’t apply the the whole policy. A few only apply to the cost of specific coverages such as liability, collision or medical payments. So despite the fact that it appears having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous. Any qualifying discounts will bring down your premiums.

To see a list of insurers who offer insurance coverage discounts, click this link.

Do drivers who switch really save?

Consumers can’t get away from ads for cheaper car insurance from the likes of Progressive, Allstate and Geico. They all seem to have a common claim about savings if you move your coverage to them.

How can each company make the same claim?

Different companies are able to cherry pick for the right customer that makes them money. For instance, a preferred risk could be over the age of 40, insures multiple vehicles, and has a high credit rating. A customer getting a price quote who matches those parameters is entitled to the best price and most likely will cut their rates substantially.

Potential customers who don’t meet this ideal profile will have to pay higher rates and ends up with the customer not buying. The ads state “customers that switch” not “people who quote” save money. This is how insurance companies can make those claims.

Because of the profiling, you should compare as many rates as you can. It is impossible to predict which company will give you the biggest savings on Mercedes-Benz CLS-Class insurance.

Tailor your coverage to you

When choosing proper insurance coverage for your vehicles, there is no perfect coverage plan. Everyone’s situation is a little different so this has to be addressed. These are some specific questions can aid in determining if your situation may require specific advice.

  • Are my tools covered if they get stolen from my vehicle?
  • Is my custom paint covered by insurance?
  • Do I benefit by insuring my home with the same company?
  • What are the financial responsibility laws in my state?
  • Why am I required to get a high-risk car insurance policy?
  • Is my babysitter covered when using my vehicle?

If you’re not sure about those questions, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form or click here for a list of auto insurance companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverage breakdown

Learning about specific coverages of your policy aids in choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages offered by insurance companies.

UM/UIM Coverage – This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Mercedes-Benz CLS-Class.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability auto insurance – This provides protection from damage that occurs to other’s property or people that is your fault. This coverage protects you from claims by other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like funeral expenses, emergency aid and attorney fees. How much liability should you purchase? That is a personal decision, but you should buy as high a limit as you can afford.

Collision coverage – Collision insurance will pay to fix damage to your CLS-Class resulting from colliding with another vehicle or an object, but not an animal. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, colliding with a tree and colliding with another moving vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. You can also increase the deductible in order to get cheaper collision rates.

Medical costs insurance – Med pay and PIP coverage provide coverage for bills for things like funeral costs, X-ray expenses, doctor visits and pain medications. They can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and may carry a deductible

Comprehensive or Other Than Collision – This pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like damage from flooding, a broken windshield and hail damage. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

A penny saved is a penny earned

Cheaper 2015 Mercedes-Benz CLS-Class insurance is possible both online 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. Some insurance companies may not provide online quoting and many times these regional insurance providers only sell through independent insurance agents.

You just learned a lot of information how to save on insurance. The most important thing to understand is the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the best prices are with a lesser-known regional company. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as Geico and State Farm.

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