Lower Your 2008 Cadillac Escalade Car Insurance Rates

Want lower insurance rates for your Cadillac Escalade? Are you a victim of overpriced insurance? Believe me when I say you’re not the only one.

Lots of auto insurance companies contend to insure your vehicles, and it can be difficult to compare rates and get the best coverage at the lowest rate possible.

If you currently have car insurance, you should be able to cut costs considerably using these tips. Buying car insurance is quite easy. But drivers must know how big insurance companies market on the web because it can help you find the best coverage.

Compare the Market for Insurance Coverage

The are a couple different ways to compare quotes and find the best price. The easiest way by far to find the lowest 2008 Cadillac Escalade rates is simply to get online rate quotes. It is quite easy and can be accomplished in a couple of different ways.

One of the best ways to find low rates is an all-inclusive rate comparison click to view form in new window. This type of form saves time by eliminating a different quote for each company you want a rate for. Completing one form compares rates direct from many companies.

Another way to compare prices requires visiting each company’s website to request a price quote. For example, we’ll assume you want rates from Allstate, State Farm and Liberty Mutual. You would have to visit each site and enter your policy data, which is why the first method is quicker.

To view a list of companies in your area, click here.

Whichever way you use, compare the exact same coverage limits on every quote you get. If the quotes have higher or lower deductibles it’s impossible to determine which rate is truly the best. Just a small difference in limits may cause a big price difference. It’s important to know that obtaining a wide range of quotes gives you a better chance of getting a lower rate.

Tailor your coverage to you

When it comes to choosing adequate coverage, there really is not a perfect coverage plan. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For instance, these questions might help in determining whether or not you may require specific advice.

• How many claims can I have before being cancelled?
• Am I covered if I hit a deer?
• Can I drive in Mexico and have coverage?
• Should I rate my 2008 Cadillac Escalade as pleasure use or commute?
• How can I get my company to pay me more for my totalled car?
• Is borrowed equipment or tools covered if stolen or damaged?
• Where can I get insurance after a DUI in my state?

If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Car insurance 101

Learning about specific coverages of a car insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be confusing and even agents have difficulty translating policy wording. Below you’ll find the usual coverages found on the average car insurance policy.

Medical payments coverage and PIP

Coverage for medical payments and/or PIP pay for short-term medical expenses for surgery, chiropractic care, hospital visits and nursing services. The coverages can be used to fill the gap from your health insurance program or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not available in all states but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist coverage

This gives you protection when other motorists do not carry enough liability coverage. Covered losses include 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, their liability coverage can quickly be exhausted. So UM/UIM coverage is very important.

Comprehensive coverage

Comprehensive insurance coverage will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a bird, rock chips in glass, damage from getting keyed and damage from flooding. The most you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.

Collision coverage protection

Collision coverage covers damage to your Escalade from colliding with an object or car. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage protects against claims like sustaining damage from a pot hole, backing into a parked car, rolling your car and sideswiping another vehicle. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Liability coverage

This coverage can cover damage or injury you incur to other people or property. It protects YOU against other people’s claims. 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. You might see values of 100/300/100 that translate to a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery.

Liability coverage protects against claims like medical expenses, loss of income, medical services and legal defense fees. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.