How to Get the Absolute Best Rates When Insuring a Mercedes-Benz CLS500

No one enjoys paying for auto insurance, especially knowing their premiums are through the roof. Multiple insurance companies compete to insure your vehicles, and because of this it can be hard to compare auto insurance companies to discover the definitive best price available.

It’s a good idea to do rate comparisons once or twice a year since insurance rates change frequently. Even if you got the best deal for CLS500 coverage last year you will most likely find a better rate today. Ignore everything you know about auto insurance because we’re going to demonstrate the things you must know in order to find better coverage at a better price.

If you have a policy now or are just looking to switch companies, you can use these techniques to reduce the price you pay while maintaining coverages. Finding affordable coverage is easy if you know what you’re doing. Drivers just need to understand the proper methods to compare prices on the web.

Mercedes-Benz CLS500 rates are in the details

It’s important that you understand the factors that play a part in calculating the rates you pay for auto insurance. Knowing what impacts premium levels empowers consumers to make smart changes that can help you get lower auto insurance prices.

Adjust deductibles and save – Coverage for physical damage, also known as collision and other-than-collision, is used to repair damage to your Mercedes-Benz. Some instances where coverage would apply are a windshield shattered by a rock, vandalism, or theft. Physical damage deductibles are how much you are required to spend out-of-pocket if you file a covered claim. The more money you are required to pay out-of-pocket, the lower your rates will be for CLS500 coverage.
Your car’s features help determine rates – Owning a car with a theft deterrent system can help bring down rates. Theft prevention features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can help prevent car theft.
Lower rates come with age – Teenage drivers are statistically proven to be careless and easily distracted when behind the wheel so auto insurance rates are higher. Older insureds are more cautious drivers, tend to file fewer claims and get fewer tickets.
Rural vs Urban Areas – Being located in a rural area can be a good thing when talking about auto insurance. Fewer drivers means fewer accidents as well as less vandalism and auto theft. Drivers who live in large cities have much more traffic to deal with and much longer commute distances. More time commuting translates into higher accident risk.

Compare Quotes for Auto Insurance

Finding cheaper Mercedes-Benz CLS500 auto insurance prices can be quick and easy. All you need to do is invest a little time to compare rate quotes online from several insurance companies. This can be done in a couple of different ways.

The best way consumers can analyze rates would be an industry-wide quote request form like this one (opens in new window). This form keeps you from doing separate quote forms for every auto insurance company. Completing one form gets you price quotes from all major companies.
A different way to get comparison quotes requires a visit to each company website and request a quote. For instance, let’s say you want comparison quotes from Nationwide, Allstate and Travelers. To get each rate you have to go to every website and enter your policy data, which is why the first method is more popular.
To view a list of companies in your area, click here.
The hardest method of comparing rate quotes is to waste gas driving to insurance agents’ offices. The ability to buy insurance online eliminates the need for an insurance agent unless you want the trained guidance of a local agent. However, consumers can get the lowest quotes online and get advice from an agent in your area and we’ll talk about that later.

Whichever way you use, double check that you are using identical coverage limits and deductibles with every price quote. If you are comparing higher or lower deductibles it will be next to impossible to determine the best price for your Mercedes-Benz CLS500.

Slick advertising tricks that work

Consumers constantly see and hear ads for car insurance savings from companies such as State Farm, Allstate and GEICO. All the companies make an identical promise about savings if you change your policy.

How can each company make the same claim? This is how they do it.

All the different companies have a certain “appetite” for the type of driver that earns them a profit. For instance, a driver they prefer might be profiled as between 25 and 40, insures multiple vehicles, and drives less than 10,000 miles a year. A propective insured who matches those parameters gets the lowest rates and most likely will save a lot of money.

Consumers who don’t measure up to these standards will be charged higher prices and this can result in the customer not buying. The ads state “drivers who switch” but not “drivers who get quotes” save that much money. That is how companies can truthfully advertise the savings. That is why you absolutely need to quote coverage with many companies. It’s just too difficult to predict which auto insurance company will provide you with the cheapest rates. insurance banner

Are you getting all your discounts?

Auto insurance companies don’t always list all available discounts in an easy-to-find place, so we took the time to find some of the best known and also the lesser-known discounts you could be receiving. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

Employee of Federal Government – Employees or retirees of the government could cut as much as 10% off for CLS500 coverage with a few auto insurance companies.
Safety Course Discount – Successfully completing a driver safety course can save you 5% or more depending on where you live.
Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
No Accidents – Good drivers with no accidents pay much less compared to accident-prone drivers.
Payment Method – If paying your policy premium upfront instead of paying each month you could save 5% or more.
Memberships – Belonging to a professional or civic organization may earn a discount on auto insurance for CLS500 coverage.
Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can receive discounts of 20% or more.
Braking Control Discount – Anti-lock brake equipped vehicles are safer to drive and therefore earn up to a 10% discount.

Drivers should understand that most discounts do not apply to the entire policy premium. A few only apply to the price of certain insurance coverages like liability and collision coverage. So even though it sounds like you can get free auto insurance, it just doesn’t work that way.

To choose providers with the best auto insurance discounts, follow this link.

Car Insurance through a local agent

A small number of people prefer to visit with an insurance agent and that is OK! Agents can answer important questions and help submit paperwork. One of the best bonuses of comparing rates online is that you can obtain lower rates and still choose a local agent.

To help locate an agent, after submitting this short form, your insurance data is instantly submitted to participating agents who will battle for your insurance coverage. You don’t have to leave your computer since price quotes are sent to the email address you provide. Now that’s easy!

Choosing an provider requires more thought than just the bottom line cost. Here are some questions to ask:

Can glass repairs be made at your home?
Do they regularly work with personal auto policies?
Who are their largest clients?
If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
Is working in the agency their full-time job?

Car insurance agents are either independent or captive

When finding a reputable insurance agent or broker, there are two different agency structures from which to choose. Agencies are either captive or independent (non-captive). While both can insure your vehicles, but it’s good to learn the difference between them since it may influence buying decisions.

Captive Insurance Agents

These agents can only place business with one company such as American Family, State Farm and Allstate. They generally cannot place coverage with different providers so always compare other rates. They are very knowledgeable on their company’s products and that can be a competitive advantage.

Independent Agents

Independent agents do not work for one specific company so they can insure your vehicles with multiple insurance companies depending on which coverage is best. If your agent finds better pricing, the agent simply finds a different carrier and you don’t have to find a new agent.

When searching for an agent, it’s a good idea to contact several independent insurance agents to ensure the widest selection of prices.

To view a full list of insurance agencies, click here.

Upon getting positive feedback for all questions you ask in addition to an acceptable price estimate, it’s possible that you found an insurance agent that can insure your vehicles.

More effort can pay off

In this article, we covered quite a bit of information on how to compare Mercedes-Benz CLS500 insurance prices online. The key concept to understand is the more you quote, the more likely it is that you will get a better rate. You may even discover the lowest priced auto insurance comes from the smaller companies. Some small companies may only write in your state and offer lower rates as compared to the big name companies such as GEICO and State Farm.

Discount Mercedes-Benz CLS500 insurance can be purchased from both online companies and also from your neighborhood agents, so you should be comparing quotes from both to have the best rate selection. Some insurance companies may not provide online price quotes and many times these small insurance companies only sell through independent insurance agents.