Overpriced Mercedes-Benz CLK-Class insurance can overdraw your savings account and force you to prioritize other expenses. Doing a price comparison is free and is an excellent way to tighten up your finances. There are many insurance companies to insure vehicles with, and even though it’s nice to have a selection, it can be more difficult to compare company pricing.
Companies offering auto insurance don’t always publicize every discount in an easy-to-find place, so the following is a list of both the well known and the more hidden ways to save on car insurance. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.
A little note about advertised discounts, some credits don’t apply to all coverage premiums. Most only apply to specific coverage prices like liability and collision coverage. So despite the fact that it appears you can get free auto insurance, car insurance companies aren’t that generous.
To see a list of providers offering car insurance discounts, click here to view.
When it comes to buying the best auto insurance coverage, there isn’t really a cookie cutter policy. Every insured’s situation is different so your insurance should reflect that For instance, these questions might help in determining whether or not you might need professional guidance.
If you can’t answer these questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.
Understanding the coverages of your auto insurance policy helps when choosing appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages found on the average auto insurance policy.
Medical costs insurance – Coverage for medical payments and/or PIP pay for immediate expenses for dental work, X-ray expenses, rehabilitation expenses and funeral costs. The coverages can be used to fill the gap from your health insurance program or if there is no health insurance coverage. Coverage applies to you and your occupants in addition to getting struck while a pedestrian. Personal Injury Protection is not universally available but can be used in place of medical payments coverage
Comprehensive or Other Than Collision – This coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive coverage protects against things like damage from a tornado or hurricane, hitting a bird and falling objects. The most your auto insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Collision – This pays for damage to your CLK-Class caused by collision with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.
Collision insurance covers things like crashing into a building, backing into a parked car, damaging your car on a curb and sustaining damage from a pot hole. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also choose a higher deductible in order to get cheaper collision rates.
Liability coverage – This coverage provides protection from damage or injury you incur to a person or their property in an accident. It 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 commonly see values of 50/100/50 which means a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.
Liability coverage pays for claims like legal defense fees, structural damage, medical services, repair costs for stationary objects and medical expenses. The amount of liability coverage you purchase is up to you, but consider buying as large an amount as possible.
UM/UIM Coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.
When shopping online for insurance, it’s a bad idea to sacrifice coverage to reduce premiums. In too many instances, drivers have reduced uninsured motorist or liability limits to discover at claim time that the savings was not a smart move. Your goal should be to buy the best coverage you can find for the lowest price.
Cheaper 2002 Mercedes-Benz CLK-Class insurance can be purchased from both online companies as well as from independent agents, and you need to comparison shop both in order to have the best chance of saving money. Some insurance companies don’t offer the ability to get a quote online and usually these smaller companies provide coverage only through local independent agents.
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