Save on Mercedes-Benz CL500 Insurance in Five Minutes or Less

Finding cheaper insurance for your Mercedes-Benz CL500 can turn out to be a lot of work, but you can follow these tips and make it easy. There is a right way and a wrong way to find auto insurance online and we’ll show you the proper way to quote coverages for a Mercedes-Benz and find the cheapest rates.

Finding affordable coverage is quite easy. Just about anyone who buys auto insurance will be able to find lower rates. Nevertheless, consumers must understand how the larger insurance companies compete online and apply this information to your search.

Compare Quotes for Auto Insurance

All the larger auto insurance companies quote coverage price quotes on the web. The process is fairly straightforward as you just enter the coverage amounts you desire into the quote form. After you submit the form the company’s rating system collects credit information and your driving record and provides a quote based on many factors.

This helps simplify price comparisons, but the work required to visit multiple sites and enter the same data into a form is not the best way to spend an afternoon. But it’s very important to have as many quotes as possible if you want to find better auto insurance pricing.

Compare rates the easy way

A more efficient way to find better auto insurance pricing is to use a quote form to return rates from more than one company. It’s a real time-saver, eliminates form submissions, and makes online price comparison a little more enjoyable. Immediately after you send the form, it is quoted and you can choose any one of the quote results. If a lower price is quoted, you can simply submit the application and purchase the new policy. It only takes a few minutes and may result in a nice savings.

In order to compare rates now, click here to open in new window and fill out the form. To compare your current rates, we recommend you copy the insurance coverages as shown on your current policy. This makes sure you will have an apples-to-apples comparison for similar insurance coverage.

Impacting insurance rates for a Mercedes-Benz CL500

It’s important that you understand the different types of things that go into determining the rates you pay for auto insurance. Knowing what influences your rates helps enable you to make changes that can help you get lower auto insurance prices.

Protect your assets with liability insurance – Your policy’s liability coverage is the coverage that protects you if you are found liable for personal injury or accident damage. It will provide legal defense coverage which can cost thousands of dollars. Carrying liability coverage is mandatory and cheap as compared to coverage for physical damage, so do not skimp.
Occupation reflects on rates – Did you know your occupation can influence how much you pay for auto insurance? Occupations such as lawyers, architects and financial analysts are shown to have higher average rates in part from high stress levels and long work days. Conversely, occupations like scientists, engineers and performers pay the least for CL500 insurance.
Younger drivers pay higher rates – More mature drivers are more responsible, file fewer claims and are safer drivers. Youthful drivers tend to be less responsible when driving therefore auto insurance rates are much higher.
Big city or small town – Living in a small town can be a good thing when talking about auto insurance. Less people living in that area means fewer accidents and also fewer theft and vandalism claims. Urban drivers have much more traffic to deal with and longer commutes to work. More time commuting can result in more accidents.
How many coverages with the same company – Many auto insurance companies will award you with lower prices to policyholders who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to ten or even up to twenty percent in some cases. Even though this discount sounds good, it’s in your best interest to compare rates to make sure you are getting the best deal. You may still find a better deal by buying insurance from more than one company.
What type of vehicle do you drive? – The performance level of the vehicle you own makes a huge difference in your rates. Because the Mercedes-Benz CL500 falls in the luxury sedan class, insuring your vehicle will cost more compared to average rates. Low performance passenger models generally receive the lowest base rates, but there are many factors that impact the final cost.
Safer cars cost less to insure – Cars with high safety ratings tend to have better insurance rates. The safest vehicles reduce injuries and lower injury rates translates into fewer and smaller insurance claims and thus lower rates. If your Mercedes-Benz CL500 earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it is probably cheaper to insure.
Your spouse saves you money – Being married can get you a discount on your auto insurance policy. Having a significant other translates into being more mature than a single person and statistics show being married results in fewer claims.

Verify you’re getting all your discounts

Auto insurance companies don’t always list every available discount in an easy-to-find place, so we break down some of the best known and the more hidden ways to save on auto insurance. car insurance quote

Military Rewards – Having a family member in the military could be rewarded with lower premiums.
Clubs and Organizations – Affiliation with a qualifying organization may earn a discount on your policy for CL500 insurance.
New Car Discount – Putting insurance coverage on a new car can cost up to 25% less since new cars are generally safer.
Pay Upfront and Save – If you pay your bill all at once instead of making monthly payments you could save up to 5%.
Theft Prevention Discount – Vehicles with anti-theft systems can help prevent theft and therefore earn up to a 10% discount.
Student Driver Training – Require your teen driver to take driver’s ed class in high school.
Braking Control Discount – Vehicles with anti-lock braking systems can reduce accidents and therefore earn up to a 10% discount.

Keep in mind that most discount credits are not given to the overall cost of the policy. Most only cut the price of certain insurance coverages like liability and collision coverage. Just because it seems like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

To see a list of providers who offer auto insurance discounts, follow this link.

Won’t my local insurance agent miss me?

Certain consumers would prefer to buy from a licensed agent and that is OK! The best thing about comparing insurance prices online is the fact that you can find better rates but also keep your business local.

By using this short form, the coverage information is sent to local insurance agents who will give you bids for your business. There is no reason to visit any agencies since price quotes are sent immediately to your email address. How’s that for easy! It’s the lowest rates and a licensed agent to work with.

Choosing an insurer needs to be determined by more than just the premium amount. Here are some questions to ask:

What insurance company do they write the most business with?
Do they regularly work with personal auto policies?
If you have an accident, will your rates go up?
Do you have coverage for a rental car if your vehicle is in the repair shop?
Do they feel the quoted coverages are adequate?
If you are a high risk driver, do they have special markets for your coverage?
Do they make recommendations based only on price?

Do you need an independent or captive car insurance agent?

When searching for a good insurance agency, there are a couple of different agency structures that you can select. Agents can either be independent or captive.

Captive Insurance Agents

These agents write business for a single company such as State Farm, AAA and Liberty Mutual. These agents are not able to give you multiple price quotes so keep that in mind. Captive agencies receive extensive training on their products and sales techniques and that can be a competitive advantage. Some consumers prefer to buy insurance from these agents primarily because of high brand loyalty and the convenience of having a single billing for all their coverages.

Independent Agents

Independent agents are not locked into one company so they have the ability to put coverage with multiple insurance companies depending on which coverage is best. If you are not satisfied with one company, the agent simply finds a different carrier and that require little work on your part. When shopping rates, you should always include price quotes from multiple independent agents to get the best comparison. They also have the ability to place coverage with smaller companies who may have lower rates.

For a complete listing of auto insurance agents, click here.

After getting satisfactory answers to these questions and an acceptable price quote, you may have just found an insurance agency that can provide auto insurance coverage.

Smart shoppers get results

Throughout this article, we presented a lot of ways to get a better price on Mercedes-Benz CL500 insurance. The key thing to remember is the more you quote, the better your chances of lowering your rates. You may even find the best prices are with some of the lesser-known companies.

Consumers switch companies for a variety of reasons including being labeled a high risk driver, not issuing a premium refund, an unsatisfactory settlement offer or even unfair underwriting practices. It doesn’t matter what your reason, finding a new company is not as hard as you think.

As you go through the steps to switch your coverage, it’s very important that you do not skimp on critical coverages to save a buck or two. In many instances, someone dropped liability limits or collision coverage only to discover later that their decision to reduce coverage ended up costing them more. The proper strategy is to buy enough coverage at the best price while not skimping on critical coverages.