How to Get the Cheapest Price When Insuring Your Mercedes-Benz SLK280

Buyers have many options when searching for the lowest priced Mercedes-Benz SLK280 insurance. You can either spend your time calling around trying to get quotes or utilize the internet to compare rates.

There are more efficient ways to buy auto insurance so we’re going to tell you the proper way to get price quotes on a Mercedes-Benz and obtain the lowest possible price from both online companies and local agents.

The purpose of this article is to teach you how car insurance quotes work and some tips to save money. If you are paying for car insurance now, you will most likely be able to reduce your rates substantially using these techniques. Vehicle owners just need to learn how to get comparison quotes over the internet.

Compare Auto Insurance Today

There are a variety of methods to compare auto insurance prices but some are easier and takes less work. You can waste a few hours (or days) talking about coverages with local insurance agents in your area, or you can stay home and use the internet to get rates in a matter of minutes.

Most of the larger companies participate in a marketplace that allows shoppers to send in one quote, and every company returns a rated price based on that data. This saves time by eliminating repetitive form submissions for each company.

To compare rates using this form now click to open in new window.

The only drawback to using this type of form is you are unable to specify which companies you want to price. If you would rather choose specific insurance companies to compare prices, we have a page of low cost auto insurance companies in your area. View list of insurance companies.

However you get your quotes, make darn sure you compare the exact same coverages and limits for every company. If you are comparing differing limits it will be very difficult to truly determine the lowest rate.

Save money by taking advantage of these discounts

Car insurance is not cheap, but discounts can save money and there are some available that can drop the cost substantially. Certain discounts will be applied when you purchase, but some may not be applied and must be specifically requested in order for you to get them. If you’re not getting every credit you qualify for, you are throwing money away.

• Defensive Driver – Successfully completing a defensive driving course could cut 5% off your bill if your company offers it.
• Multiple Cars – Buying coverage for all your vehicles with the same company may reduce the rate for each vehicle.
• Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to wear their seat belts can save up to 15% off the personal injury premium cost.
• E-sign – Certain companies give back up to $50 just for signing your application online.
• Homeowners Discount – Owning a house can help you save on auto insurance due to the fact that maintaining a home shows financial diligence.
• Discount for Life Insurance – Larger companies have a break if you buy life insurance from them.
• 55 and Retired – If you’re over the age of 55, you may be able to get reduced rates for SLK280 coverage.
• Distant Student – Kids in college who live away from home and do not have access to a covered vehicle can receive lower rates.

It’s important to understand that most discounts do not apply to all coverage premiums. A few only apply to the price of certain insurance coverages like liability, collision or medical payments. So despite the fact that it appears you could get a free auto insurance policy, you’re out of luck. But all discounts will bring down the amount you have to pay.

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

Lesser-known factors impacting Mercedes-Benz SLK280 insurance rates

Consumers need to have an understanding of the factors that play a part in calculating your auto insurance rates. Understanding what determines base rates enables informed choices that can help you get lower auto insurance prices.

Shown below are a partial list of the pieces auto insurance companies consider when setting your rates.

• Rate your vehicle for proper use – Driving more miles in a year the higher your rate. The majority of insurers charge to insure your cars determined by how the vehicle is used. Vehicles left parked in the garage qualify for better rates than vehicles that are driven to work every day. Make sure your auto insurance coverage is rated on the proper vehicle usage. If your policy improperly rates your SLK280 can result in significantly higher rates.
• Safe vehicles cost less to insure – Cars with high safety ratings get lower rates. The safest vehicles reduce injuries and fewer injuries translates into fewer and smaller insurance claims and thus lower rates. If your Mercedes-Benz SLK280 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.
• Better credit means lower rates – Your credit history is a huge factor in calculating your auto insurance rates. If your credit is not that good, you could be paying less to insure your Mercedes-Benz SLK280 by repairing your credit. People with high credit ratings tend to be more responsible as compared to drivers with lower credit scores.
• Your location affects your rates – Residing in small towns and rural areas is a positive aspect when it comes to auto insurance. Less people living in that area translates into fewer accidents and also fewer theft and vandalism claims. City drivers have to deal with more traffic problems and longer commutes to work. More time on the road translates into higher accident risk.
• Discounts for multiple policies – The majority of insurers provide better rates to insureds who buy several policies from them. It’s known as a multi-policy discount. Discounts can add up to five, ten or even twenty percent. Even though this discount sounds good, you may still want to shop around to confirm you are receiving the best rates possible.
• Small claims can cost you – If you tend to file frequent claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Car insurance companies give cheaper rates to policyholders who file claims infrequently. Auto insurance is meant to be used in the event of the large, substantial claims.
• Traffic violations increase rates – Just one citation may increase your cost by twenty percent. Drivers with clean records get better rates than people who have multiple driving citations. Drivers who have severe citations like hit and run, DWI or reckless driving convictions may need to submit a SR-22 or proof of financial responsibility with their state DMV in order to drive a vehicle legally.
• Policy add-ons can waste money – There are a ton of additional coverages that can waste your money if you aren’t careful. Coverages for personal injury protection, accident forgiveness and term life insurance are examples of these. They may seem good initially, but if they’re wasting money eliminate them to save money.

Comparing rates from local agents

Some people just want to buy from a licensed agent and that is OK! Agents can answer important questions and help you file claims. The biggest benefit of price shopping on the web is that you can obtain the best rates but also keep your business local. And providing support for local agencies is definitely important in small towns and cities.

To find an agent, once you fill out this form (opens in new window), the coverage information is sent to local insurance agents who will battle to get your business. You never need to visit any agencies due to the fact that quote results will go straight to your inbox. How cool is that?!

Multiple types of car insurance agents

When searching for a local agent, you need to know there are two types of agencies to choose from. Agencies can either be captive or independent (non-captive). Both insure your vehicles, but it’s worth mentioning how they differ since it can impact the selection process.

Independent Insurance Agents

Independent insurance agents do not work for one specific company but rather can write business with lots of companies and possibly get better coverage at lower prices. To move your coverage to a new company, the business is moved internally and you don’t have to find a new agent.

When shopping rates, it’s recommended you include price quotes from at a minimum one independent agency to ensure the widest selection of prices. Most have the option of insuring with lesser-known insurance companies which may provide better rates.

Agency Captives

This type of agents can only write with one company and some examples include State Farm, AAA, Farmers Insurance or Allstate. They usually cannot place coverage with different providers so they have to upsell other benefits. Captives are very knowledgeable in insurance sales which helps them compete with independent agents. Some people will only purchase coverage from captives partially due to high brand loyalty and solid financial strength.

For a complete listing of insurance agencies, visit this page.

Picking an auto insurance agent shouldn’t rely on just the price. These are valid questions to ask:

• Are they full-time agents?
• How many years of experience in personal lines insurance coverages do they have?
• What is the agency’s Better Business Bureau rating?
• If they are an independent agency, which companies do they recommend?
• Do the coverages you’re quoting properly cover your vehicle?

Once you have received positive responses for all questions you ask and a good coverage price, it’s possible that you found an insurance agency that will provide auto insurance coverage.

Buy online or local, you save

Lower-priced Mercedes-Benz SLK280 insurance is attainable online and with local insurance agents, so you should compare both in order to have the best price selection to choose from. Some insurance providers do not offer online price quotes and usually these regional insurance providers provide coverage only through local independent agents.

Consumers leave their current company for many reasons like denial of a claim, delays in paying claims, extreme rates for teen drivers or even lack of trust in their agent. Whatever your reason, finding a new company is not as hard as you think.

We just covered quite a bit of information on how to compare Mercedes-Benz SLK280 insurance prices online. The key thing to remember is the more price quotes you have, the higher the chance of saving money. You may be surprised to find that the biggest savings come from a lesser-known regional company.