Save on 2015 Mercedes-Benz GLK-Class Car Insurance Quotes

Sick and tired of robbing Peter to pay Paul to insure your Mercedes-Benz every month? You are in the same boat as many other drivers.

Big-name insurance companies like State Farm, Progressive and Geico all claim big savings, bombarding you with catchy ads and it can be hard to see through the cute green geckos and mayhem and effectively compare rates to find the best deal.

It’s a good idea to price shop coverage yearly since rates are variable and change quite frequently. Just because you had the best price for GLK-Class coverage a couple years back you can probably find a lower rate today. So just forget anything you know (or think you know) about insurance coverage because you’re going to learn how to quote online to properly buy coverages and cut your premium.

How to Compare Insurance Coverage

There are several ways of comparing rates from different insurance companies. The best way to find the cheapest 2015 Mercedes-Benz GLK-Class insurance rates involves getting comparison quotes online. This can be accomplished in a couple of different ways.

  1. The easiest and least time consuming way consumers can analyze rates is a comparison rater form like this one (opens in new window). This easy form saves time by eliminating separate forms to each individual insurance coverage company. One form submission will get you rate comparisons from multiple low-cost companies.
  2. A harder way to obtain and compare quotes online is to manually visit the website of each company and fill out their own quote form. For instance, we’ll pretend you want comparison quotes from Liberty Mutual, State Farm and American Family. You would have to visit each site to enter your coverage information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.
  3. The least recommended way to compare rates is driving to different agent offices. The internet can eliminate the need for a local agent unless you want the professional guidance of a licensed agent. You can, however, compare the best prices online but still have the advice of a local agent and we’ll talk about that later.

It’s up to you which method you use, but make sure you use identical information for every company. If each company quotes higher or lower deductibles you can’t possibly decipher which rate is best. Quoting even small variations in coverage limits could mean much higher rates. And when comparing insurance coverage rates, know that having more price comparisons will enable you to find a better price.

You probably qualify for some discounts

Car insurance can cost a lot, but you may find discounts that can drop the cost substantially. A few discounts will automatically apply at the time of quoting, but some must be specially asked for before you get the savings.

  • Student Driver Training – Require your teen driver to successfully complete driver’s ed class if offered at their school.
  • Sign Early and Save – A few companies offer discounts for switching policies prior to your current policy expiring. It can save you around 10%.
  • Multiple Vehicles – Insuring multiple vehicles with the same company can get a discount on all vehicles.
  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • No Accidents – Good drivers with no accidents pay less when compared with accident-prone drivers.

As a disclaimer on discounts, many deductions do not apply to all coverage premiums. Most cut the cost of specific coverages such as medical payments or collision. Just because it seems like you could get a free insurance coverage policy, companies wouldn’t make money that way. But any discount will cut your overall premium however.

For a list of insurance companies with the best insurance coverage discounts, click here to view.

Factors determining your Mercedes-Benz GLK-Class insurance premium

It’s important that you understand the different types of things that come into play when calculating your insurance rates. Knowing what determines base rates enables informed choices that could result in better insurance rates.

The list below includes some of the factors insurance companies consider when setting premiums.

  • Do you know you’re credit rating? – Your credit history is a big factor in determining your rates. If your credit history is not that good, you could potentially save money when insuring your 2015 Mercedes-Benz GLK-Class by improving your rating. People with good credit tend to be more responsible than drivers who have lower credit scores.
  • Where you live is a factor – Choosing to live in a small town can be a good thing when buying insurance. Fewer people translates into fewer accidents and a lower car theft rate. Drivers in populated areas tend to have much more traffic to deal with and longer commutes to work. Longer commute distances translates into higher accident risk.
  • With age comes lower rates – Youthful drivers tend to get distracted easily in a vehicle so they pay higher insurance rates. Mature drivers are more responsible, tend to file fewer claims and receive fewer citations.
  • Being married can save on insurance – Being married can actually save you money on insurance. Having a significant other usually means you are more mature and it’s proven that being married results in fewer claims.

There’s no such thing as the perfect policy

When choosing proper insurance coverage, there really is no best way to insure your cars. Everyone’s needs are different so this has to be addressed. For instance, these questions could help you determine whether or not you might need professional guidance.

  • Why am I required to buy liability insurance?
  • Will I lose any money if I cancel my policy before it expires?
  • Can my teen drive my company car?
  • Why am I required to buy high-risk coverage?
  • What is the minimum liability in my state?
  • Do I pay less for low miles?
  • Do I need PIP coverage since I have good health insurance?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an agent. If you don’t have a local agent, complete this form or click here for a list of insurance coverage companies in your area.

Car insurance coverage information

Learning about specific coverages of your policy can help you determine which coverages you need for your vehicles. Policy terminology can be difficult to understand and nobody wants to actually read their policy. These are the usual coverages found on the average insurance policy.

Coverage for uninsured or underinsured drivers – This coverage gives you protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea. Normally these coverages are identical to your policy’s liability coverage.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for bills such as nursing services, dental work, ambulance fees, pain medications and funeral costs. They can be utilized in addition to your health insurance policy or if you do not have health coverage. It covers you and your occupants and will also cover getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Comprehensive insurance – This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like a broken windshield, rock chips in glass and fire damage. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Liability – This protects you from damage that occurs to a person or their property by causing an accident. This insurance protects YOU from legal claims by others. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Another option is one limit called combined single limit (CSL) which provides one coverage limit without having the split limit caps.

Liability can pay for things like repair bills for other people’s vehicles, pain and suffering and medical expenses. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Collision – Collision coverage pays for damage to your GLK-Class from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like colliding with another moving vehicle, scraping a guard rail, backing into a parked car, crashing into a building and damaging your car on a curb. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to bring the cost down.

Don’t be a big spender

When shopping online for auto insurance, don’t be tempted to skimp on coverage in order to save money. There are a lot of situations where an insured cut comprehensive coverage or liability limits only to regret that the small savings ended up costing them much more. Your strategy should be to purchase a proper amount of coverage at an affordable rate, not the least amount of coverage.

In this article, we presented quite a bit of information on how to save on 2015 Mercedes-Benz GLK-Class insurance. The most important thing to understand is the more providers you compare, the higher the chance of saving money. You may even discover the lowest premiums are with a small local company. They often have lower prices on specific markets than their larger competitors like Progressive or Geico.

Additional information can be found on the following sites: