Lower Your 2003 Cadillac Escalade Insurance Quotes

Looking for the cheapest insurance coverage rates? Shoppers have many options when shopping for the best price on Cadillac Escalade insurance. They can either waste time calling around trying to get quotes or utilize the internet to compare rates. There are both good and bad ways to buy insurance coverage and we’ll show you the proper way to price shop coverage on a Cadillac and obtain the best price possible either online or from local insurance agents.

Quick Auto Insurance Quotes

All the larger auto insurance companies like Progressive, Geico, Allstate and State Farm allow you to get prices directly from their websites. Obtaining pricing is pretty easy as you simply enter the amount of coverage you want as detailed in the form. When complete, the company’s rating system sends out for reports for credit and driving violations and returns a price based on these and other factors.

This makes it a lot easier to compare rates but having to visit multiple sites and fill out multiple forms is monotonous and tiresome. But it’s very important to have as many quotes as possible in order to find the best price on auto insurance.

A less time-consuming method to lower your rates uses one simple form to obtain quotes from several different companies. The form is fast, reduces the work, and makes online shopping much easier. After sending your information, it is quoted and you can select any or none of the quotes that you receive. If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. It takes less than 15 minutes and could lower your rates considerably.

To quickly fill out one form to compare multiple rates now, click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you type in coverages and limits just like they are on your policy. Using the same limits helps guarantee you will have a rate comparison based on similar coverages.

Best discounts on Cadillac Escalade coverage

Car insurance companies do not advertise every available discount in an easy-to-find place, so we researched some of the more common and also the lesser-known discounts you could be receiving. If they aren’t giving you every credit you qualify for, you’re paying more than you need to.

  • Low Mileage Discounts – Driving fewer miles can qualify you for a substantially lower rate.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for better auto insurance rates for Escalade coverage.
  • Auto/Home Discount – If you insure your home and vehicles with one insurance company you could get a discount of at least 10% off all policies.
  • Auto/Life Discount – Some companies give lower rates if you buy auto and life insurance together.
  • Service Members Pay Less – Being deployed with a military unit may qualify for rate reductions.
  • Resident Student – Youth drivers who attend school more than 100 miles from home and don’t have a car may be able to be covered for less.
  • Anti-lock Brake Discount – Vehicles with anti-lock braking systems are safer to drive and therefore earn up to a 10% discount.
  • Safe Drivers – Safe drivers can get discounts for up to 45% lower rates for Escalade coverage than drivers with accident claims.
  • Defensive Driving Course – Successfully completing a defensive driving course could cut 5% off your bill depending on where you live.
  • Paperless Signup – Some insurance companies will give a small break for buying a policy and signing up on their website.

It’s important to note that most discount credits are not given to the entire policy premium. Most only reduce the cost of specific coverages such as comp or med pay. Even though it may seem like you would end up receiving a 100% discount, it doesn’t quite work that way.

For a list of companies with the best auto insurance discounts, click this link.

Tailor your coverage to you

When it comes to choosing adequate coverage, there really is no best way to insure your cars. Each situation is unique.

For instance, these questions could help you determine whether you might need professional guidance.

  • How do I file an SR-22 for a DUI in my state?
  • Does my policy pay for OEM or aftermarket parts?
  • Where can I find DUI or SR-22 insurance?
  • What is PIP insurance?
  • Are my friends covered when driving my 2003 Cadillac Escalade?
  • Will filing a claim cost me more?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Is my trailer covered?

If it’s difficult to answer those questions, you may need to chat with an insurance agent. To find lower rates from a local agent, fill out this quick form. It’s fast, doesn’t cost anything and can help protect your family.

Cadillac Escalade rates influenced by many factors

An important part of buying insurance is that you know the different types of things that play a part in calculating your insurance rates. Understanding what determines base rates allows you to make educated decisions that can help you get lower insurance prices.

Shown below are some of the items companies use to determine your rates.

  • Multiple policies with one company can save – Some insurance companies provide better rates to people who consolidate policies with them. It’s known as a multi-policy discount. Discounts can amount to 10 percent or more. Even though this discount sounds good, it’s in your best interest to comparison shop to make sure you are getting the best deal. Drivers may still find better rates by buying insurance from more than one company.
  • Better credit means lower rates – A driver’s credit history is a big factor in your rate calculation. So if your credit score is not that good, you could save money insuring your 2003 Cadillac Escalade by spending a little time repairing your credit. Drivers with good credit tend to file fewer claims and have better driving records than drivers who have lower credit scores.
  • Small claims can cost you – Auto insurance companies award discounts to insureds who file claims infrequently. If you file claims often, you can definitely plan on higher rates. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
  • Marriage pays dividends – Having a spouse actually saves money on insurance. Having a spouse translates into being more mature than a single person and it’s proven that being married results in fewer claims.

Car insurance coverages 101

Knowing the specifics of car insurance aids in choosing the right coverages and the correct deductibles and limits. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Protection from uninsured/underinsured drivers

This coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Cadillac Escalade.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. For this reason, having high UM/UIM coverages is very important.

Medical expense insurance

Coverage for medical payments and/or PIP reimburse you for immediate expenses such as X-ray expenses, EMT expenses, pain medications and chiropractic care. They are often used in conjunction with a health insurance policy or if you do not have health coverage. It covers both the driver and occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Comprehensive (Other than Collision)

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as fire damage, theft, hitting a bird and damage from getting keyed. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision coverage protection

Collision insurance covers damage to your Escalade caused by collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as scraping a guard rail, sustaining damage from a pot hole, hitting a parking meter, hitting a mailbox and colliding with another moving vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

Auto liability

This can cover damages or injuries you inflict on other people or property. This insurance protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have liability limits of 25/50/25 that means you have a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability coverage protects against things such as court costs, medical services, medical expenses and loss of income. How much coverage you buy is a decision to put some thought into, but it’s cheap coverage so purchase as large an amount as possible.

Knowledge is power

You just read some good ideas how to save on 2003 Cadillac Escalade insurance. The key thing to remember is the more providers you compare, the better your chances of lowering your rates. You may even find the best price on car insurance is with a small local company.

People switch companies for a variety of reasons including lack of trust in their agent, an unsatisfactory settlement offer, not issuing a premium refund and policy cancellation. It doesn’t matter why you want to switch switching car insurance companies is pretty easy and you might even save some money in the process.

Discount insurance is available on the web in addition to many insurance agents, so compare prices from both in order to have the best chance of saving money. Some insurance providers do not provide you the ability to get quotes online and most of the time these smaller companies sell through independent agents.

Other learning opportunities