How Much Does 1999 Mercedes-Benz SLK-Class Car Insurance Cost?

Are you tired of robbing Peter to pay Paul to make your car insurance payment? You’re in the same situation as millions of other drivers.

Multiple auto insurance companies compete to insure your vehicles, so it’s not easy to compare every company and uncover the absolute best price available.

If you are paying for car insurance now, you stand a good chance to be able to lower your premiums substantially using this information. Finding affordable coverage is quite easy. But vehicle owners do need to understand how insurance companies compete online.

Insurance premium influencing factors

Lots of things are used in the calculation when pricing auto insurance. Some are obvious such as your driving record, but some are more obscure like where you live or your vehicle rating.

The list below includes a few of the things used by insurance companies to determine premiums.

• How credit rating affects insurance coverage costs – Having a good credit score can be an important factor in calculating your insurance coverage rates. Consumers who have high credit ratings tend to be less risk to insure than those with lower credit ratings. If your credit is low, you could be paying less to insure your 1999 Mercedes-Benz SLK-Class if you improve your credit rating.
• Lower rates for cars with good safety ratings – Cars with high safety ratings tend to have lower insurance rates. Safer cars help reduce the chance of injuries in an accident and lower injury rates translates directly to fewer claims which can result in lower premiums. If the Mercedes-Benz SLK-Class scored at minimum an “acceptable” rating on the Insurance Institute for Highway Safety website you may be receiving a better rate.
• Better prices for continuous coverage – Allowing your insurance coverage policy to lapse can be a sure-fire way to increase your insurance coverage rates. And not only will your rates increase, failure to provide proof of insurance will get you a revoked license or a big fine. You may then have to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
• Driving citations hurt – Whether or not you get tickets can have a huge impact on auto insurance premiums. Drivers with clean records receive lower rates compared to drivers with tickets. Only having one chargable violation can increase rates to the point where it’s not affordable. Drivers with dangerous tickets such as DUI or willful reckless driving may be required to maintain a SR-22 with their state DMV in order to continue driving.
• Females tend to take less risk – Statistics demonstrate women tend to be less risk to insure than men. It does not mean men are worse drivers. Males and females are responsible for fender benders in similar numbers, but guys tend to have more serious accidents. Not only that, but men also receive more costly citations such as DWI and reckless driving. Youthful male drivers have the highest risk to insure and therefore are the most expensive to insure.
• Urban areas may pay more – Having an address in less populated areas is a positive aspect when it comes to insurance coverage. Lower population translates into fewer accidents in addition to fewer liability claims. City drivers have to deal with more road rage incidents and a longer drive to work. Longer commute distances translates into higher accident risk.
• Single drivers take more risk – Your spouse can actually save you money on your insurance coverage policy. It generally demonstrates drivers are less irresponsible and it’s statistically proven that being married results in fewer claims.
• How do annual miles impact costs? – Driving more miles annually the higher your rates will be. A lot of companies price each vehicle’s coverage based upon how the vehicle is primarily used. Autos used primarily for pleasure use receive lower rates than those used for commuting. An incorrectly rated SLK-Class may be wasting your money. Make sure your insurance coverage policy reflects the correct driver usage, because improper ratings can cost you money.

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Free insurance coverage rate quotes

All the larger insurance coverage companies allow you to get prices for coverage on the web. Doing online quotes doesn’t take a lot of time because it’s just a matter of typing in the coverage amounts you desire into the form. Once you submit the form, their rating system automatically retrieves your driving record and credit report and quotes a price based on the information you submitted. This makes it a lot easier to compare rates but the work required to visit each company’s website and repetitively type in the same information is a big time waster. But it’s also necessary to do this if you want to get better prices.

Rate comparisons made easy

A better way to find lower prices uses one simple form that obtains quotes from several different companies. The form is fast, requires less work, and makes rate comparisons much easier to do. As soon as you send your information, it is quoted with multiple companies and you can pick your choice of the price quotes you receive. If the quotes result in lower rates, you simply finish the application and buy the policy. It just takes a couple of minutes and you will find out if you’re overpaying now.

If you want to compare rates using this form now, click here and enter your information. To compare your current rates, we recommend that you enter your coverages exactly as shown on your declarations page. This helps ensure you are getting a rate comparison based on identical coverages.

Discounts for lower-cost insurance coverage rates

Some insurers don’t necessarily list every discount in an easy-to-find place, so the following list contains some of the more common and the harder-to-find discounts that you may qualify for.

• Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts of up to 25% or more.
• Driver Training Discounts – Taking a driver safety class is a good idea and can lower rates depending on where you live.
• Theft Deterent Discount – Vehicles that have factory alarm systems and tracking devices help deter theft and that can save you a little bit as well.
• E-sign – Certain companies will discount your bill up to fifty bucks for signing up online.
• Membership in Organizations – Being in certain professional organizations can get you a small discount on your next renewal.
• Cautious Drivers – Drivers without accidents can save up to 40% or more on their insurance quote for SLK-Class coverage as compared to drivers with claims.

A little disclaimer on discounts, some of the credits will not apply the the whole policy. Most cut the cost of specific coverages such as comp or med pay. So even though they make it sound like it’s possible to get free car insurance, nobody gets a free ride.

Some companies that have these discounts include:

• Geico
• USAA
• Progressive
• American Family
• Esurance
• Farmers Insurance
• State Farm

When getting a coverage quote, ask each company or agent which credits you are entitled to. Some discounts listed above might not be offered on policies in your area.

Tailor your car insurance coverage to you

When choosing the best car insurance coverage for your vehicles, there really is not a “perfect” insurance plan. Every insured’s situation is different so this has to be addressed. These are some specific questions can help discover whether your personal situation might need an agent’s assistance.

• Why do I only qualify for high-risk insurance?
• Is other people’s property covered if stolen from my vehicle?
• Does car insurance cover theft of personal property?
• Where can I get insurance after a DUI in my state?
• What if I owe more than I can insure my car for?
• Is my trailer covered?
• What is the minimum liability in my state?
• I have health insurance so do I need medical payments coverage?

If you’re not sure about those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

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Coverages available on your policy

Knowing the specifics of your car insurance policy can help you determine the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Below you’ll find the usual coverages offered by car insurance companies.

Liability coverages

This coverage can cover damages or injuries you inflict on people or other property that is your fault. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery.

Liability insurance covers claims like medical services, repair costs for stationary objects, legal defense fees, funeral expenses and court costs. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.

Comprehensive auto coverage

Comprehensive insurance coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hail damage, fire damage and a broken windshield. The maximum payout a car insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered losses include injuries to you and your family and damage to your Mercedes-Benz SLK-Class.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is important protection for you and your family.

Medical payments and PIP coverage

Med pay and PIP coverage kick in for expenses like hospital visits, chiropractic care, surgery and doctor visits. They are used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. PIP is only offered in select states but can be used in place of medical payments coverage

Auto collision coverage

This will pay to fix damage to your SLK-Class resulting from a collision with an object or car. A deductible applies then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like hitting a mailbox, driving through your garage door, crashing into a ditch, hitting a parking meter and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Be a money saver!

We covered quite a bit of information on how to lower your 1999 Mercedes-Benz SLK-Class insurance prices. The key thing to remember is the more quotes you get, the better your chances of lowering your rates. You may even find the lowest prices come from some of the smallest insurance companies. Regional companies may have significantly lower rates on certain market segments as compared to the big name companies such as Progressive or Geico.

Some insurance providers may not provide rate quotes online and many times these small insurance companies only sell coverage through independent agencies. The cheapest 1999 Mercedes-Benz SLK-Class insurance is attainable on the web and with local insurance agents, and you should be comparing both to have the best selection.

More information can be found on the following sites:

• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Parking Tips to Reduce Door Dings (State Farm)
• What is Covered by GAP Insurance? (Allstate)
• Think You’re a Safe Driver? (State Farm)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• What is Full Coverage? (Allstate)

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