2000 Mercedes-Benz CL-Class Insurance Rates – 5 Policy Discounts

Looking for lower insurance coverage rates for your Mercedes-Benz CL-Class? Are you a victim of overpriced insurance coverage? Trust us, there are lots of people in the same boat. Drivers have multiple car insurance companies to pick from, and though it is a good thing to have multiple companies, too many choices makes it more difficult to find the best rates.

Consumers should take time to compare prices on a regular basis since insurance rates tend to go up over time. Even if you think you had the best deal for CL-Class insurance a year ago you may be paying too much now. There is a lot of bad information regarding insurance coverage online but I’m going to show you some solid techniques on how to reduce your insurance coverage bill.

Finding the best rates is easy if you know what you’re doing. If you currently have a car insurance policy, you should be able to save some money using this strategy. Drivers only need an understanding of the most effective way to compare rates over the internet.

Don’t miss out on these five money-saving discounts

Car insurance companies do not advertise all their discounts very well, so we researched both well-publicized and also the lesser-known ways to save on car insurance. If you don’t get every credit available, you’re paying more than you need to.

  • Senior Discount – Mature drivers may receive better car insurance rates for CL-Class insurance.
  • Early Signing – A few companies offer discounts for buying a policy before your current policy expires. This can save 10% or more.
  • Auto/Home Discount – When you have multiple policies with the same insurance company you may earn up to 20% off your total premium.
  • Homeowners Discount – Owning a house may earn you a small savings because of the fact that having a home demonstrates responsibility.
  • Discount for Good Grades – Getting good grades can earn a discount of 20% or more. Earning this discount can benefit you until age 25.

It’s important to understand that some of the credits will not apply to the entire policy premium. Some only reduce the cost of specific coverages such as medical payments or collision. So when the math indicates you can get free auto insurance, companies wouldn’t make money that way.

Companies that may have some of the above discounts include:

Check with every prospective company which discounts you may be entitled to. Savings might not apply in your state.

Do I need special coverages?

When buying proper insurance coverage for your vehicles, there is no cookie cutter policy. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. These are some specific questions could help you determine whether you might need an agent’s assistance.

  • Do I have any recourse if my insurance company denies a claim?
  • When should I remove comp and collision on my 2000 Mercedes-Benz CL-Class?
  • When should I not file a claim?
  • Is my ex-spouse still covered by my policy?
  • At what point should I drop full coverage?
  • Does my liability insurance cover pulling a trailer or camper?
  • When do I need to add a new car to my policy?
  • Are my tools covered if they get stolen from my vehicle?
  • Can I make deliveries for my home business?

If you don’t know the answers to these questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and can provide invaluable advice.

Auto insurance 101

Having a good grasp of auto insurance can be of help when determining which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverage types found on the average auto insurance policy.

Collision – This coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers claims such as hitting a parking meter, colliding with another moving vehicle, rolling your car and colliding with a tree. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Liability auto insurance – Liability coverage protects you from damage that occurs to a person or their property. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 100/300/100 that translate to a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers things like bail bonds, repair bills for other people’s vehicles and medical expenses. How much liability should you purchase? That is your choice, but consider buying as large an amount as possible.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Mercedes-Benz CL-Class.

Due to the fact that many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive coverages – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like damage from getting keyed, damage from a tornado or hurricane and rock chips in glass. The maximum amount a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses such as hospital visits, surgery, X-ray expenses, nursing services and prosthetic devices. The coverages can be utilized in addition to your health insurance plan or if there is no health insurance coverage. It covers all vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not an option in every state but can be used in place of medical payments coverage

Stretch your dollar

Cheap 2000 Mercedes-Benz CL-Class insurance is attainable on the web as well as from independent agents, and you need to price shop both to have the best chance of lowering rates. A few companies don’t offer the ability to get a quote online and most of the time these small, regional companies sell through independent agents.

As you shop your coverage around, don’t be tempted to buy less coverage just to save a little money. There are a lot of situations where consumers will sacrifice comprehensive coverage or liability limits only to find out that it was a big mistake. Your strategy should be to buy enough coverage at a price you can afford, not the least amount of coverage.

Additional insurance coverage information is located at the links below