2003 Mercedes-Benz CL-Class Car Insurance Quotes – 6 Savings Tips

I can’t think of a single person who likes having to buy insurance coverage, especially knowing they are paying too much.

Online insurance companies like Progressive, Geico and Farmers Insurance all claim big savings with ads and it can be hard to ignore the promise of big savings and do the work needed to find the best deal.

If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using this information. Finding affordable coverage is quite easy. But drivers need to learn the methods companies use to sell online.

The easiest way to compare insurance rates in your area is to realize car insurance companies pay for the opportunity to give you rate quotes. To get started, all you need to do is spend a couple of minutes providing details like daily mileage, how your vehicles are used, whether or not you need a SR-22, and whether you are married. That rating information gets sent immediately to insurance companies and they return cost estimate immediately.

Cut your car insurance rates with these six discounts

Insuring your fleet can be pricey, but you can get discounts to reduce the price significantly. A few discounts will automatically apply at the time of quoting, but some may not be applied and must be requested specifically before being credited.

  • New Car Discount – Insuring a new car is cheaper since new cars are generally safer.
  • Discount for Swiching Early – Some insurance companies reward drivers for switching policies before your current expiration date. The savings is around 10%.
  • Auto/Life Discount – Larger companies have better rates if you take out a life insurance policy as well.
  • Pay Upfront and Save – If paying your policy premium upfront instead of paying each month you could save 5% or more.
  • Defensive Driving Course – Successfully completing a course teaching defensive driving skills can save you 5% or more if you qualify.
  • College Student – Youth drivers who attend school more than 100 miles from home and do not have a car can be insured at a reduced rate.

It’s important to note that some credits don’t apply to the entire cost. Some only reduce the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears you can get free auto insurance, companies wouldn’t make money that way. But all discounts will bring down your premiums.

For a list of insurance companies with the best car insurance discounts, follow this link.

You are unique and your auto insurance should be too

When it comes to choosing proper insurance coverage for your vehicles, there isn’t really a perfect coverage plan. Each situation is unique so this has to be addressed. These are some specific questions may help you determine if you might need professional guidance.

  • Do I really need UM/UIM coverage?
  • Am I covered when driving a rental car?
  • Do I have coverage when making deliveries for my home business?
  • What is UM/UIM insurance?
  • Can I rate high risk drivers on liability-only vehicles?
  • What is medical payments coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you can’t answer these questions but a few of them apply then you might want to talk to an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Car insurance policy coverages for a 2003 Mercedes-Benz CL-Class

Having a good grasp of your policy aids in choosing appropriate coverage and proper limits and deductibles. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverage types offered by car insurance companies.

Coverage for medical expenses

Medical payments and Personal Injury Protection insurance reimburse you for bills such as chiropractic care, ambulance fees and rehabilitation expenses. They are utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Collision protection

This coverage pays for damage to your CL-Class from colliding with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against claims such as hitting a mailbox, backing into a parked car and scraping a guard rail. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.

Liability

Liability insurance can cover damage or injury you incur to a person or their property in an accident. This insurance protects YOU from legal claims by others, and 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. As an example, you may have limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Another option is a combined limit that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims like structural damage, funeral expenses, emergency aid, attorney fees and bail bonds. How much coverage you buy is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.

Comprehensive car insurance

This covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as a tree branch falling on your vehicle, hitting a bird and damage from a tornado or hurricane. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle from other motorists when they either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Mercedes-Benz CL-Class.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage should not be overlooked. Frequently your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Compare but don’t skimp

When buying insurance coverage, never skimp on critical coverages to save a buck or two. There have been many cases where consumers will sacrifice liability coverage limits only to regret that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the best price, not the least amount of coverage.

Cost effective 2003 Mercedes-Benz CL-Class insurance can be bought online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. A few companies do not offer the ability to get a quote online and usually these small, regional companies provide coverage only through local independent agents.

More information is located on the following sites: