1998 Mercedes-Benz SLK-Class Car Insurance Cost – 9 Tricks for Cheaper Prices

Buyers have a choice when searching for the lowest priced Mercedes-Benz SLK-Class insurance. They can either spend hours driving around getting price quotes or use the internet to make rate comparisons.

There are both good and bad ways to buy insurance coverage so we’re going to tell you the absolute fastest way to price shop coverage for a new or used Mercedes-Benz and find the lowest price either online or from local insurance agents.

You should take the time to shop coverage around before your policy renews since insurance rates are usually higher with each renewal. Despite the fact that you may have had the lowest price on SLK-Class insurance a year ago you will most likely find a better rate today. Don’t believe everything you read about insurance coverage on the web, but with this article, you’re going to get some guaranteed methods to quit paying high insurance coverage rates.

The most recommended method to get rate comparisons is to know auto insurance companies actually pay money for the chance to compare their rates. The one thing you need to do is provide information like if the car is leased, driver details, types of safety features, and how much school you completed. The rating information is submitted instantly to many different companies and they respond with quotes almost instantly.

To get price quotes for your 1998 Mercedes-Benz SLK-Class, click here and complete the quick form.

Are you falling for claims of savings?

Consumers constantly see and hear ads that promise big savings from the likes of Allstate and Progressive. They all seem to make an identical promise that you’ll save big after switching your coverage to them.

How do they all claim to save you money?

Insurance companies have a preferred profile for the type of driver they prefer to insure. For example, a desirable insured could be between 25 and 40, owns a home, and has great credit. Any new insured that hits that “sweet spot” will get the preferred rates and as a result will probably save when switching.

Potential insureds who don’t qualify for the requirements must pay higher premiums which usually ends up with the driver buying from a lower-cost company. The ads state “drivers who switch” not “everybody who quotes” save money. That’s why companies can make those claims.

This illustrates why drivers must quote coverage with many companies. Because you never know which company will provide you with the cheapest Mercedes-Benz SLK-Class insurance rates.

Save big with these nine discounts

Car insurance is not cheap, but there could be available discounts that you may not know about. Certain discounts will be applied when you get a quote, but a few need to be specifically requested before you get the savings. If you aren’t receiving every discount available, you’re paying more than you need to.

  • Save with a New Car – Insuring a new car is cheaper since new cars are generally safer.
  • Good Student – Getting good grades can earn a discount of 20% or more. The discount lasts until age 25.
  • 55 and Retired – Older drivers can possibly qualify for a discount up to 10% on SLK-Class insurance.
  • Military Rewards – Having a family member in the military can result in better rates.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on the same insurance policy qualifies for this discount.
  • Low Mileage – Keeping the miles down on your Mercedes-Benz can qualify you for a substantially lower rate.
  • Accident Forgiveness – Certain companies will forgive one accident before raising your premiums if your claims history is clear prior to the accident.
  • Homeowners Savings – Simply owning a home can save you money because maintaining a house requires personal responsibility.
  • Auto/Life Discount – Larger companies have a discount if you purchase auto and life insurance together.

It’s important to note that many deductions do not apply the the whole policy. Some only apply to specific coverage prices like comp or med pay. So even though they make it sound like you could get a free insurance policy, you’re out of luck. But any discount will bring down the amount you have to pay.

Companies that may offer some of the above discounts may include but are not limited to:

Double check with each company how you can save money. Some discounts might not apply in your area.

But I don’t know anything about car insurance

When it comes to buying adequate coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different.

These are some specific questions might help in determining if your insurance needs would benefit from an agent’s advice.

  • Who is covered by my policy?
  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Is a fancy paint job covered?
  • How do I insure my teen driver?
  • Does coverage extend to Mexico or Canada?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Why am I required to buy liability insurance?
  • When should my teen driver be added to my policy?
  • I have health insurance so do I need medical payments coverage?
  • Does coverage extend to a rental car in a foreign country?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form. It is quick, free and can provide invaluable advice.

Information about specific coverages

Understanding the coverages of insurance can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they either are underinsured or have no liability coverage at all. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked. Most of the time the UM/UIM limits are identical to your policy’s liability coverage.

Liability coverages

Liability insurance protects you from injuries or damage you cause to other’s property or people. It protects you against other people’s claims. It does not cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits of 100/300/100 that translate to $100,000 bodily injury coverage, $300,000 for the entire accident, and property damage coverage for $100,000. Alternatively, you may have one limit called combined single limit (CSL) which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability coverage protects against claims such as bail bonds, medical expenses and court costs. The amount of liability coverage you purchase is a decision to put some thought into, but buy as much as you can afford.

Medical expense coverage

Med pay and PIP coverage reimburse you for immediate expenses such as X-ray expenses, surgery, ambulance fees, dental work and doctor visits. They are used to cover expenses not covered by your health insurance plan or if you do not have health coverage. It covers both the driver and occupants as well as if you are hit as a while walking down the street. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. A deductible applies then your collision coverage will kick in.

Collision can pay for things such as damaging your car on a curb, sustaining damage from a pot hole, hitting a parking meter, driving through your garage door and hitting a mailbox. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible in order to get cheaper collision rates.

Comprehensive protection

Comprehensive insurance covers damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like theft, hail damage, a tree branch falling on your vehicle, hitting a deer and falling objects. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

A penny saved is a penny earned

Discount 1998 Mercedes-Benz SLK-Class insurance is attainable from both online companies and also from your neighborhood agents, and you should be comparing both to get a complete price analysis. Some insurance providers may not provide online price quotes and most of the time these smaller companies sell through independent agents.

People switch companies for a variety of reasons including policy cancellation, lack of trust in their agent, being labeled a high risk driver or even denial of a claim. It doesn’t matter why you want to switch switching companies is pretty easy and you might even save some money in the process.

When shopping online for car insurance, do not reduce coverage to reduce premium. In too many instances, drivers have reduced full coverage and found out when filing a claim that saving that couple of dollars actually costed them tens of thousands. The proper strategy is to buy enough coverage at the best price while still protecting your assets.

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