Cheap 2002 Cadillac Escalade Car Insurance Quotes

Finding the cheapest insurance for a Cadillac Escalade could be an all-consuming task, but you can follow our car insurance buying tips to make it easier.

There is a right way and a wrong way to compare car insurance rates and we’ll show you the absolute fastest way to price shop coverage for your Cadillac and obtain the lowest price.

It is always a good idea to do rate comparisons periodically due to the fact that insurance rates tend to go up over time. Despite the fact that you may have had the lowest rates on Escalade insurance a year ago you can probably find a lower rate today. So just block out anything you think you know about car insurance because you’re going to get a crash course in the only way to save money, get proper coverage and the best rates.

How to save on 2002 Cadillac Escalade insurance

Insuring your vehicles can cost a lot, but you can get discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time of purchase, but a few need to be specially asked for before they will apply. If you aren’t receiving every discount possible, you are throwing money away.

  • Good Student Discount – Performing well in school can get you a discount of up to 25%. This discount can apply up to age 25.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for reduced rates on Escalade insurance.
  • Passive Restraints – Factory air bags or automatic seat belts can get savings of 20% or more.
  • One Accident Forgiven – A few companies permit an accident before raising your premiums if your claims history is clear for a certain period of time.
  • Seat Belts Save more than Lives – Drivers who require all occupants to wear their seat belts can save up to 15% off your medical payments premium.
  • Federal Employees – Simply working for the federal government can earn a discount up to 10% on Escalade insurance depending on your company.

Consumers should know that some of the credits will not apply to your bottom line cost. A few only apply to individual premiums such as collision or personal injury protection. So when the math indicates you would end up receiving a 100% discount, it just doesn’t work that way. Any qualifying discounts will help reduce the amount you have to pay.

A partial list of companies who might offer these discounts include:

Before buying, ask each company how you can save money. Discounts may not be available in your area.

Compare the Market for Insurance

Finding a lower price on 2002 Cadillac Escalade insurance is surprisingly easy. The only thing you need to do is take time comparing rates from different insurance companies. This can be accomplished in just a few minutes using one of these methods.

  1. The most efficient way to get quotes for comparison is to use a rate comparison form (click to open form in new window). This easy form prevents you from having to do separate forms for each company. In just a few minutes this one form will get you rate comparisons from several companies. It’s definitely the quickest method.
  2. A more difficult way to compare prices requires a visit to the website of each company and complete a new quote form. For examples sake, let’s assume you want to compare rates from Liberty Mutual, Geico and Travelers. To get rate quotes you would need to spend time on each company’s site to input your insurance information, which is why most consumers use the first method. For a list of links to companies insuring cars in your area, click here.
  3. The least recommended way to compare rates is driving around to local insurance agencies. Shopping for insurance online has reduced the need for local agents unless you require the professional advice only provided by licensed agents. However, consumers can get the lowest quotes online but still have the advice of a local agent and we’ll touch on that later.

However you get your quotes, compare exactly the same coverages and limits with every price quote. If each company quotes different values for each quote then you won’t be able to determine the best price for your Cadillac Escalade.

Tailor your coverage to you

When choosing the right insurance coverage, there isn’t really a cookie cutter policy. Every situation is different.

Here are some questions about coverages that can help discover if your situation would benefit from professional advice.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • Are all vehicle passengers covered by medical payments coverage?
  • Should I buy full coverage?
  • Am I covered by my spouse’s policy after a separation?
  • Is a blown tire covered by insurance?
  • Am I covered when driving in Canada or Mexico?
  • Is my teenager covered with friends in the car?
  • What is PIP insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, simply complete this short form. It is quick, free and can provide invaluable advice.

The coverage is in the details

Learning about specific coverages of car insurance aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance provide coverage for immediate expenses for chiropractic care, dental work and rehabilitation expenses. They are used to cover expenses not covered by your health insurance program or if you lack health insurance entirely. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not universally available but it provides additional coverages not offered by medical payments coverage

Liability coverages

Liability insurance can cover damages or injuries you inflict on other’s property or people that is your fault. It protects you from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have limits of 50/100/50 which means a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Alternatively, you may have a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability can pay for things such as repair bills for other people’s vehicles, repair costs for stationary objects, medical services, medical expenses and court costs. The amount of liability coverage you purchase is your choice, but it’s cheap coverage so purchase as large an amount as possible.

Comprehensive auto coverage

Comprehensive insurance coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against things such as theft, damage from getting keyed, damage from flooding, hail damage and rock chips in glass. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Auto collision coverage

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

Collision coverage pays for claims such as backing into a parked car, colliding with a tree and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to save money on collision insurance.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage gives you protection when other motorists do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants as well as damage to your Cadillac Escalade.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time these coverages are set the same as your liablity limits.

Buy online or local, you save

As you prepare to switch companies, it’s not a good idea to sacrifice coverage to reduce premiums. In too many instances, an accident victim reduced full coverage to discover at claim time that the savings was not a smart move. Your focus should be to purchase plenty of coverage for the lowest price while not skimping on critical coverages.

Budget-conscious 2002 Cadillac Escalade insurance can be purchased from both online companies and with local insurance agents, and you need to price shop both to get a complete price analysis. A few companies do not offer you the ability to get quotes online and most of the time these small insurance companies sell through independent agents.

Consumers change insurance companies for any number of reasons including unfair underwriting practices, high prices, policy non-renewal and even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new company can be easier than you think.

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