Save on 2002 Cadillac Escalade EXT Car Insurance Quotes

Locating the cheapest insurance for a new or used Cadillac Escalade EXT could be an all-consuming task, but you can follow our car insurance buying tips and make it easy.

There is a right way and a wrong way to compare car insurance rates so you’re going to learn the quickest way to price shop coverage for your Cadillac and locate the lowest possible price.

Consumers need to shop coverage around yearly because insurance rates are variable and change quite frequently. Just because you had the best price on Escalade EXT insurance last year there is a good chance you can find better rates now. You’ll find quite a bit of inaccurate information about car insurance online, so by reading this article, you’re going to learn some proven techniques to save money.

Are you getting all your discounts?

Car insurance can cost a lot, but companies offer discounts that you may not even be aware of. Some discounts apply automatically at the time of purchase, but a few need to be requested specifically before being credited. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.

  • Pay Now and Pay Less – By paying your policy upfront rather than paying monthly you may reduce your total bill.
  • More Vehicles More Savings – Buying coverage for multiple cars or trucks on the same insurance policy may reduce the rate for each vehicle.
  • Multi-policy Discount – If you insure your home and vehicles with the same insurance company you will save 10% to 20% off each policy.
  • New Car Discount – Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • No Accidents – Drivers with accident-free driving histories pay less when compared with frequent claim filers.

It’s important to note that most discounts do not apply to the entire policy premium. Most only cut specific coverage prices like comp or med pay. So when the math indicates you would end up receiving a 100% discount, insurance companies aren’t that generous. But all discounts will bring down your premiums.

For a list of providers offering insurance discounts, follow this link.

Comprehensive Insurance Comparison

Finding lower insurance rates isn’t really that difficult. You just need to spend a few minutes on the computer to compare rate quotes from different insurance companies. It is quite easy and can be accomplished using a couple different methods.

  1. The most efficient way to get the best comparison quotes is a comparison rater form (click to open form in new window). This type of form keeps you from doing boring form submissions to each individual insurance company. One form will get you rate comparisons from insurance companies with the best prices. Recommended for those who want to invest the least amount of time.
  2. A less efficient way to shop for insurance online consists of visiting each individual company website and complete a new quote form. For examples sake, let’s assume you want to compare Liberty Mutual, Allstate and Farmers. You would have to spend time on each company’s site to input your insurance information, which is why most consumers use the first method. For a handy list of car insurance company links in your area, click here.

Whichever method you choose, make darn sure you compare exactly the same information on every quote. If you enter different values for each quote it will be next to impossible to make an equal comparison.

Cadillac Escalade EXT insurance rates have many determining factors

It’s important that you understand the different types of things that play a part in calculating the price you pay for insurance. Having a good understanding of what controls the rates you pay enables informed choices that could result in better insurance rates.

  • Never go without insurance – Driving without insurance is illegal and your next policy will cost more because you let your insurance expire. And not only will your rates increase, failure to provide proof of insurance might get you a revoked license or a big fine.Then you may be required to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department to get your license reinstated.
  • Add-on coverages can add up – There are many extra bells and whistles you can purchase if you aren’t careful. Coverages like rental car reimbursement, better glass coverage and additional equipment coverage are examples of these. These may sound like a good investment when talking to your agent, but now you might not need them so get rid of them and save.
  • Big city or small town – Residing in less populated areas has it’s advantages when insuring your vehicles. Drivers who live in large cities tend to have congested traffic and longer commutes to work. Less people living in that area means reduced accidents and also fewer theft and vandalism claims.
  • Males pay more for insurance – Statistics show women are more cautious behind the wheel. However, this does not mean men are worse drivers. They both tend to get into accidents in similar numbers, but the male of the species have costlier accidents. Men also tend to get more serious tickets such as reckless driving. Youthful male drivers are the most expensive to insure and are penalized with high insurance rates.
  • A clean driving record saves money – Only having one moving violation can increase rates by as much as thirty percent. Good drivers have lower premiums than people who have multiple driving citations. Drivers with severe tickets like DWI, reckless driving or hit and run convictions are required to submit a SR-22 form with their state DMV in order to drive a vehicle legally.
  • Protect your assets with liability insurance – Liability coverage provides coverage if ever a court rules you are at fault for damages from an accident. It provides legal defense which can cost thousands of dollars. This coverage is very inexpensive when compared with rates for comp and collision, so drivers should carry high limits.
  • More than one policy can earn a discount – Many insurance companies will give a discount to policyholders who carry more than one policy such as combining an auto and homeowners policy. Discounts can amount to 10 percent or more. Even with this discount, it’s in your best interest to compare other company rates to ensure the best deal.

When might I need an agent?

When choosing the best insurance coverage, there really is not a “best” method to buy coverage. Coverage needs to be tailored to your specific needs.

For instance, these questions can help discover whether you might need an agent’s assistance.

  • Does my 2002 Cadillac Escalade EXT need full coverage?
  • If I drive on a suspended license am I covered?
  • When would I need additional glass coverage?
  • Do I pay less if my vehicle is kept in my garage?
  • What is roadside assistance coverage?
  • Should I buy full coverage?
  • Can I get a multi-policy discount?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form. It only takes a few minutes and can help protect your family.

Coverages available on your policy

Knowing the specifics of your policy helps when choosing appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Insurance for medical payments

Coverage for medical payments and/or PIP provide coverage for expenses for things like surgery, X-ray expenses, funeral costs, hospital visits and prosthetic devices. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and also covers getting struck while a pedestrian. PIP is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like a broken windshield, damage from getting keyed, vandalism and damage from a tornado or hurricane. The maximum payout your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision coverage

This coverage will pay to fix damage to your Escalade EXT caused by collision with another vehicle or an object, but not an animal. You first must pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a ditch, crashing into a building, rolling your car, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Uninsured Motorist or Underinsured Motorist insurance

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries and also any damage incurred to your Cadillac Escalade EXT.

Due to the fact that many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Liability

Liability insurance can cover damage or injury you incur to other people or property by causing an accident. This coverage protects you against claims from other people, and does not provide coverage for 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. As an example, you may have limits of 25/50/25 that translate to a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and property damage coverage for $25,000. Occasionally you may see a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against claims like repair bills for other people’s vehicles, court costs and attorney fees. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase higher limits if possible.

Smart shoppers get results

Affordable 2002 Cadillac Escalade EXT insurance is definitely available on the web and with local insurance agents, so you should compare both so you have a total pricing picture. Some companies do not offer the ability to get a quote online and most of the time these small insurance companies sell through independent agents.

Drivers change insurance companies for a number of reasons such as lack of trust in their agent, policy cancellation, delays in responding to claim requests or delays in paying claims. Regardless of your reason for switching companies, switching companies is not as hard as you think.

When shopping online for insurance, it’s very important that you do not skimp on coverage in order to save money. In many cases, someone sacrificed uninsured motorist or liability limits to discover at claim time that the savings was not a smart move. The proper strategy is to buy the best coverage you can find at an affordable rate while not skimping on critical coverages.

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