Cheap 2002 Mercedes-Benz C-Class Insurance Cost

Saving money on insurance can be challenging for beginners to shopping for insurance online. People have so many options that it can quickly become a real hassle to find lower rates.

You probably qualify for some discounts

Insuring your fleet can be pricey, but there could be available discounts to cut the cost considerably. Certain discounts will be applied at quote time, but less common discounts must be requested specifically in order for you to get them.

  • Distant Student – Any of your kids who are attending college without a vehicle on campus can be insured at a reduced rate.
  • Life Insurance Discount – Companies who offer life insurance give a break if you buy life insurance from them.
  • No Accidents – Good drivers with no accidents pay less when compared to bad drivers.
  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. This discount can apply up until you turn 25.
  • Memberships – Being a member of a civic or occupational organization could qualify you for a break on your policy on C-Class insurance.
  • New Car Discount – Buying coverage on a new vehicle can cost up to 25% less compared to insuring an older model.
  • Multiple Vehicles – Insuring multiple vehicles on the same auto insurance policy could earn a price break for each car.
  • Seat Belt Usage – Drivers who require all occupants to use a seat belt could cut 10% or more on the medical payments or PIP coverage costs.
  • E-sign – Certain companies will discount your bill up to fifty bucks for buying a policy and signing up online.

Keep in mind that many deductions do not apply to all coverage premiums. Most cut individual premiums such as comprehensive or collision. So when it seems like you would end up receiving a 100% discount, you won’t be that lucky. But any discount will cut the cost of coverage.

For a list of providers with discount auto insurance rates, click here.

Mercedes-Benz C-Class rate determination is complex

Consumers need to have an understanding of the factors that play a part in calculating your insurance rates. When you know what positively or negatively influences your rates enables informed choices that may reward you with better insurance rates.

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

  • Keep rates low by being claim-free – If you frequently file small claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Insurance companies provide lower rates to policyholders who do not file claims often. Auto insurance is intended for the large, substantial claims.
  • Clean credit earns discounts – Your credit score is a big factor in determining your rates. Drivers with good credit tend to file fewer claims and have better driving records than those with lower credit scores. If your credit history is low, you could pay less to insure your 2002 Mercedes-Benz C-Class by repairing your credit.
  • Are you male or female? – Statistics demonstrate women tend to be less risk to insure than men. However, don’t assume that men are WORSE drivers than women. They both are in accidents at about the same rate, but the males cause more damage and cost insurance companies more money. They also have more aggressive citations like DUI and reckless driving.
  • Safe vehicles cost less to insure – Vehicles with high crash test scores are cheaper to insure. The safest vehicles have better occupant injury protection and any reduction in injury severity means less money paid by your insurance company and thus lower rates. If your Mercedes-Benz is rated 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 may be receiving lower rates.
  • More than one policy can earn a discount – Many insurance companies give discounts to insureds who carry more than one policy in the form of a multi-policy discount. Even with this discount, it’s in your best interest to comparison shop to verify if the discount is saving money. You may still find a better deal by splitting coverages up.

There’s no such thing as the perfect policy

When it comes to buying proper insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Every insured’s situation is different.

For example, these questions can aid in determining whether you would benefit from an agent’s advice.

  • Do I pay less if my vehicle is kept in my garage?
  • What is covered by UM/UIM coverage?
  • Is my teenager covered with friends in the car?
  • Is my nanny covered when driving my vehicle?
  • Am I covered if I wreck a rental car?
  • Where can I get insurance after a DUI in my state?
  • How high should deductibles be on a 2002 Mercedes-Benz C-Class?
  • When would I need rental car insurance?
  • I have health insurance so do I need medical payments coverage?
  • Do I have any recourse if my insurance company denies a claim?

If you can’t answer these questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, fill out this quick form.

Are auto insurance companies telling the truth?

Auto insurance companies such as Allstate and Progressive consistently run ads in print and on television. They all seem to make the same claim that you’ll save big if you change your coverage to them. How can each company claim to save you money?

All the different companies have a preferred profile for the driver that is profitable for them. An example of a profitable customer might be over the age of 40, has no driving citations, and has a high credit rating. Any driver who meets those qualifications will get very good rates and therefore will cut their rates substantially.

Potential insureds who don’t measure up to this ideal profile will have to pay a higher premium and this can result in business going elsewhere. The ads state “people who switch” not “everyone that quotes” save that much. That’s why insurance companies can make those claims.

Because of the profiling, drivers must get a wide range of price quotes. Because you never know which insurance companies will fit your personal profile best.

Insurance coverage options for a 2002 Mercedes-Benz C-Class

Having a good grasp of insurance can help you determine the right coverages for your vehicles. Insurance terms can be impossible to understand and coverage can change by endorsement.

Auto liability

Liability insurance protects you from damage or injury you incur to a person or their property in an accident. It protects YOU from claims by other people, and does not provide coverage for damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 which means a $25,000 limit per person for injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Some companies may use one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability can pay for claims like repair costs for stationary objects, bail bonds and loss of income. How much liability coverage do you need? That is a decision to put some thought into, but you should buy higher limits if possible.

Comprehensive protection

Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as a broken windshield, theft, vandalism, falling objects and rock chips in glass. The most you can receive from a comprehensive claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical expense coverage

Medical payments and Personal Injury Protection insurance pay for expenses for things like surgery, doctor visits and prosthetic devices. They are often used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they are uninsured or don’t have enough coverage. Covered losses include injuries sustained by your vehicle’s occupants and damage to your 2002 Mercedes-Benz C-Class.

Because many people only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like sideswiping another vehicle, driving through your garage door, colliding with a tree and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Smart shoppers get results

Low-cost 2002 Mercedes-Benz C-Class insurance is possible on the web as well as from independent agentsinsurance , so you should compare both to have the best selection. A few companies don’t offer online quoting and these small insurance companies work with independent agents.

People who switch companies do it for a variety of reasons including denial of a claim, policy non-renewal, policy cancellation and questionable increases in premium. No matter why you want to switch, choosing a new company can be pretty painless.

We covered quite a bit of information on how to get a better price on insurance. The key concept to understand is the more companies you get rates for, the higher your chance of finding lower rates. Drivers may discover the most savings is with a company that doesn’t do a lot of advertising.

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