Top 6 Ways to Save Money on Mercedes-Benz CLS550 Insurance in Las Vegas

Searching for better insurance prices for your Mercedes-Benz CLS550 in Nevada can turn out to be difficult, but you can follow the following methods to make it easier.

There is a right way and a wrong way to shop for auto insurance so we’re going to tell you the best way to get price quotes on a Mercedes-Benz and find the lowest price.

Locating affordable auto insurance coverage in Las Vegas is simple if you know the tricks. Essentially every vehicle owner who has to buy auto insurance should be able to lower their premiums. But Nevada car owners can benefit by having an understanding of how the larger insurance companies market on the web.

How to Get Las Vegas Auto Insurance Comparison Quotes

To find the best auto insurance prices, there are several ways to compare rate quotes from local in Las Vegasauto insurance companies. The fastest way to find competitive Mercedes-Benz CLS550 insurance rates involves getting comparison quotes online. This can be done in just a few minutes using one of these methods.

One of the simplest ways consumers can make multiple comparisons is to use a rate comparison form like this one (opens in new window). This method keeps you from doing separate forms to each individual auto insurance company. Filling out one form will get you price quotes from auto insurance companies with the best prices. It’s the fastest way to compare.
A different way to get quotes online is spending the time to visit each company website and fill out their own quote form. For instance, let’s say you want to compare State Farm, Allstate and Farmers. To get rate quotes you would need to spend time on each company’s site to enter your coverage information, which is why the first method is more popular. To view a list of companies in Las Vegas, click here.
The hardest way to compare rates is to spend time driving to insurance agents’ offices. Buying insurance online can eliminate the need for a local agent unless you require the professional guidance only provided by licensed Las Vegas agents. Drivers can comparison shop your insurance online and get advice from an agent in your area and we’ll cover that in a bit.

It’s up to you which method you use, but compare identical coverage limits with every price quote. If you are comparing unequal deductibles or liability limits then you won’t be able to determine which rate is truly the best in Las Vegas. Quoting even small variations in limits may result in large price differences. And when comparing auto insurance rates, know that comparing a large number of companies gives you a better chance of getting a better price.

Policy discounts you shouldn’t miss

Insuring your vehicles can cost a lot, buy you may qualify for discounts that many people don’t even know exist. Some trigger automatically when you quote, but some may not be applied and must be asked for before they will apply.

Passive Restraints – Factory air bags and/or automatic seat belt systems can receive discounts of 20% or more.
Seat Belts Save more than Lives – Buckling up and requiring all passengers to buckle their seat belts can save up to 15% on the medical payments or PIP coverage costs.
Discount for Swiching Early – Some companies give discounts for buying a policy prior to your current policy expiration. The savings is around 10%.
Organization Discounts – Belonging to a civic or occupational organization may earn a discount on your policy for CLS550 insurance.
Braking Control Discount – Cars that have steering control and anti-lock brakes are safer to drive and will save you 10% or more.
Pay Now and Pay Less – If you pay your bill all at once instead of making monthly payments you could save up to 5%.

A little note about advertised discounts, most discounts do not apply to the entire cost. Most only reduce the price of certain insurance coverages like collision or personal injury protection. So when the math indicates it’s possible to get free car insurance, you’re out of luck. Any qualifying discounts will help reduce your premiums.

To choose companies with discount auto insurance rates in Nevada, click this link.

Do I need a local agent?

Certain consumers would rather talk to a local agent. The best thing about getting online price quotes is the fact that you can find better rates but also keep your business local. Supporting local agencies is important especially in Las Vegas.

To find an agent, once you fill out this short form, your insurance coverage information is immediately sent to agents in your area who will compete to get your business. There is no need to even leave your home due to the fact that quote results will go to the email address you provide. You can find the lowest rates without the usual hassles of price shopping.

What types of auto insurance agents are in Las Vegas?

When researching a reputable insurance agent or broker, you need to know there are two different types of agents from which to choose. Insurance agencies in Las Vegas can either be captive or independent.

Independent Agencies or Brokers

Independent insurance agents are not locked into one company so they have the ability to put coverage amongst many companies enabling the ability to shop coverage around. To move your coverage to a new company, the agent simply finds a different carrier without you having to go to a different agency.

When comparing rates, it’s recommended you include several independent insurance agents to get the best comparison. They often place coverage with smaller companies who may have lower rates.

Captive Agents

Captive agents can only place business with one company and examples are AAA, Allstate, State Farm, Farmers Insurance or Liberty Mutual. Captives cannot compare other company’s rates so keep that in mind. Captive agents are well schooled in insurance sales which helps them sell insurance even at higher premiums. Consumers sometimes buy from captive agents primarily because of loyalty to the company and solid financial strength.

Choosing a car insurance agent shouldn’t rely on just a cheap price. Any agent should be forthright in answering these questions: Car insurance in Las Vegas

How long has their agency been open in Las Vegas?
If they are an independent agency, which companies do they recommend?
Does the agency have a good rating with the Better Business Bureau?
How much can you save by raising your physical damage deductibles?
Do they receive special compensation for putting your coverage with one company over another?
Is assistance available after office hours?
Do they assist clients in filing claims?

Once you have received positive responses to any questions you have in addition to an acceptable price estimate, most likely you have located a car insurance agent that is a good match to service your policy. Just keep in mind once you purchase a policy you can cancel your policy at any point so never assume that you are obligated to any particular company for the entire policy term.

How to know if you need help

When choosing coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For example, these questions may help highlight if you might need an agent’s assistance.

Is a new car covered when I drive it off the dealer lot?
What happens if I owe more than my Mercedes-Benz CLS550 is worth?
Do I need PIP coverage since I have good health insurance?
Which companies will insure high-risk drivers?
Can I pay claims out-of-pocket if I buy high deductibles?
Can I afford low physical damage deductibles?
Am I covered if I drive in a foreign country?

If you’re not sure about those questions then you might want to talk to an insurance agent. To find an agent in your area, fill out this quick form.

Don’t be fooled by advertising claims

Auto insurance companies such as Allstate and Progressive consistently run ads on television and other media. They all seem to have a common claim about savings if you change your policy. How does each company make the same claim? It’s all in the numbers.

All the different companies have a preferred profile for the right customer that is profitable for them. An example of a profitable customer could be between 25 and 40, has no tickets, and drives less than 10,000 miles a year. A driver who meets those qualifications will qualify for the lowest rates and as a result will probably save a lot of money.

Consumers who fall outside the requirements must pay more money and this can result in business not being written. The ad wording is “drivers who switch” not “everyone that quotes” save that much. That is how companies can claim big savings.

This illustrates why you need to compare many company’s rates. It’s impossible to know which insurance companies will provide you with the cheapest rates.

Information about specific coverages

Understanding the coverages of your auto insurance policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and even agents have difficulty translating policy wording.

Collision coverage

This coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers things like rolling your car, backing into a parked car and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. You can also raise the deductible to get cheaper collision coverage.

Comprehensive insurance

Comprehensive insurance coverage covers 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 hitting a bird, hitting a deer, damage from a tornado or hurricane, vandalism and a broken windshield. The highest amount your auto insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.

Liability auto insurance

This coverage will cover damage that occurs to other’s property or people in an accident. It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 25/50/25 which means a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery. Alternatively, you may have one number which is a combined single limit which provides one coverage limit rather than limiting it on a per person basis.

Liability coverage protects against things like attorney fees, loss of income, repair costs for stationary objects and emergency aid. The amount of liability coverage you purchase is a personal decision, but you should buy higher limits if possible. Nevada requires drivers to carry at least 15,000/30,000/10,000 but you should think about purchasing better liability coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for ambulance fees, hospital visits, chiropractic care and X-ray expenses. They are often used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Mercedes-Benz CLS550.

Since a lot of drivers only carry the minimum required liability limits (Nevada limits are 15/30/10), it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea. Normally the UM/UIM limits are set the same as your liablity limits.

And the best car insurance company is…

We’ve covered many ways to save on Mercedes-Benz CLS550 insurance. The most important thing to understand is the more quotes you get, the more likely it is that you will get a better rate. You may be surprised to find that the lowest priced auto insurance comes from the least-expected company.

As you prepare to switch companies, don’t be tempted to buy lower coverage limits just to save a few bucks. There have been many situations where an insured cut liability coverage limits and learned later that they should have had better coverage. The aim is to get the best coverage possible at an affordable rate.

Lower-priced Mercedes-Benz CLS550 insurance is attainable both online and with local Las Vegas insurance agents, so compare prices from both so you have a total pricing picture. There are still a few companies who do not offer the ability to get a quote online and these small, regional companies work with independent agents.

Some additional reading

Much more information about auto insurance in Nevada can be read on the Nevada Division of Insurance website through this link. Nevada consumers can file complaints about a company, find a variety of consumer forms, and file complaints about an insurance agent or broker.

The articles below may also help you learn more about auto insurance in Las Vegas