If you’re new to shopping for auto insurance online, you may be overwhelmed because of the huge number of online auto insurance companies and websites competing for business.
Finding affordable coverage is not that difficult. If you currently have car insurance, you will most likely be able to save some money using this strategy. But consumers need to learn how insurance companies determine prices and take advantage of how the system works.
There are a lot of ways to shop for insurance, but there is one way that is easier and takes less work. You can waste a lot of time driving to insurance companies in your area, or you could save time and use online quotes to quickly compare rates.
Many popular insurance companies belong to an insurance system that allows shoppers to submit their information once, and each participating company returns a rated price. This prevents consumers from doing quote forms for each company you want a rate for.
To submit your quote information now, click to open in new window.
The only downside to getting quotes like this is you don’t know exactly the companies to get pricing from. If you prefer to choose specific providers to compare rates, we have a listing of the cheapest insurance companies in your area. Click to view list.
Whichever way you use, compare identical information on every quote you get. If your comparisons have unequal deductibles or liability limits it will be very difficult to decipher which rate is best. Having just a slight variation in limits may cause a big price difference. Just keep in mind that having more price comparisons will increase your chances of finding lower pricing.
Companies like Allstate, GEICO and Progressive continually stream ads in print and on television. All the ads have a common claim that you can save after switching your policy. How can each company say the same thing? It’s all in the numbers.
All the different companies are able to cherry pick for the driver that earns them a profit. For instance, a desirable insured might be profiled as a mature driver, owns a home, and drives less than 7,500 miles a year. A propective insured who fits that profile gets the lowest rates and as a result will probably cut their rates substantially.
Consumers who don’t meet these standards will be quoted a higher premium which leads to the customer not buying. Company advertisements say “customers who switch” not “everybody who quotes” save that kind of money. That is how insurance companies can advertise the way they do. This emphasizes why drivers should get as many quotes as possible. It’s not possible to predict the company that will have the lowest Mercedes-Benz CLK-Class insurance rates.
Car insurance companies don’t necessarily list all available discounts in an easy-to-find place, so we break down both the well known as well as the least known ways to save on insurance.
Consumers should know that most discount credits are not given to all coverage premiums. Most cut the cost of specific coverages such as comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, it just doesn’t work that way.
For a list of providers with the best insurance discounts, click here.
When buying the best car insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Your needs are not the same as everyone else’s.
For example, these questions might point out whether you might need professional guidance.
If you can’t answer these questions, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form.
Learning about specific coverages of your auto insurance policy aids in choosing appropriate coverage for your vehicles. Policy terminology can be ambiguous and coverage can change by endorsement.
Comprehensive auto insurance
Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive insurance covers things like rock chips in glass, damage from flooding, fire damage, vandalism and damage from a tornado or hurricane. The most a auto insurance company will pay at claim time is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Coverage for medical expenses
Coverage for medical payments and/or PIP provide coverage for expenses for dental work, nursing services and chiropractic care. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage
Coverage for uninsured or underinsured drivers
This provides protection from other motorists when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.
Because many people carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.
Coverage for liability
Liability coverage provides protection from damage that occurs to people or other property. This coverage protects you against other people’s claims, and doesn’t cover your own vehicle damage or injuries.
Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property.
Liability can pay for things like funeral expenses, loss of income, structural damage, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.
Collision insurance will pay to fix damage to your CLK-Class resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things such as hitting a mailbox, backing into a parked car, colliding with another moving vehicle and scraping a guard rail. This coverage can be expensive, so consider dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.
Affordable 1999 Mercedes-Benz CLK-Class insurance can be purchased on the web as well as from independent agents, and you should be comparing both in order to have the best chance of saving money. A few companies don’t offer online price quotes and most of the time these small, regional companies sell through independent agents.
People leave their current company for any number of reasons including lack of trust in their agent, extreme rates for teen drivers, questionable increases in premium or even delays in responding to claim requests. Whatever your reason, choosing a new insurance company is easier than you think.
When shopping online for auto insurance, it’s not a good idea to skimp on critical coverages to save a buck or two. There have been many cases where an accident victim reduced liability coverage limits to discover at claim time that the small savings ended up costing them much more. The proper strategy is to buy the best coverage you can find at a price you can afford while not skimping on critical coverages.
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