2012 Cadillac CTS-V Coupe Car Insurance Quotes – 8 Ways to Save

Feel like you’re a prisoner to an overpriced auto insurance policy? Trust us, there are lots of people in the same boat.

Drivers have so many insurers to choose from, and although it’s nice to be able to choose, it makes it harder to compare company pricing.

Finding affordable coverage is quite easy. If you currently have a car insurance policy, you will most likely be able to save some money using these methods. Nevertheless, drivers must understand how companies compete online and take advantage of how the system works.

Discounts are great for lower rates

Auto insurance companies don’t list every discount in a way that’s easy to find, so we break down some of the more common and the harder-to-find ways to save on insurance.

  • Discount for New Cars – Putting insurance coverage on a new car can be considerably cheaper since new cars are generally safer.
  • Safe Driver Discount – Safe drivers may receive a discount up to 45% less for CTS-V Coupe insurance than their less cautious counterparts.
  • Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with a substantially lower rate.
  • Driver Safety – Completing a course in driver safety could possibly earn you a 5% discount if your company offers it.
  • Distant Student – Kids in college who are attending college and do not have a car may be able to be covered for less.
  • Paperless Signup – A handful of insurance companies will give a small break for buying a policy and signing up online.
  • Passive Restraint Discount – Vehicles equipped with air bags or motorized seat belts can get savings of 20% or more.
  • One Accident Forgiven – A handful of insurance companies will forgive one accident before hitting you with a surcharge if you are claim-free prior to the accident.

Consumers should know that some credits don’t apply the the whole policy. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. Just because it seems like you can get free auto insurance, it just doesn’t work that way.

Insurance companies that may have these discounts include:

Check with all companies you are considering which discounts they offer. Some discounts may not apply in your state.

Quick Car Insurance Quotes

The are a couple different ways to get quotes from local car insurance companies. The easiest way by far to find competitive 2012 Cadillac CTS-V Coupe insurance rates is simply to get online rate quotes. This can be accomplished in just a few minutes using one of these methods.

  1. The single most time-saving way to get quotes is to use a rate comparison form like this one (opens in new window). This method prevents you from having to do separate quotes to each individual car insurance company. A single, simple form gets you coverage quotes from multiple companies.
  2. A less efficient way to get comparison quotes is spending the time to visit the website of each company to request a price quote. For examples sake, let’s say you want comparison quotes from USAA, Safeco and Progressive. 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 list of links to insurance companies in your area, click here.

Whichever method you choose, ensure you are comparing exactly the same coverage limits for each price quote. If you enter higher or lower deductibles it’s impossible to make an equal comparison. Just a small difference in limits may result in a large different in cost. And when comparison shopping, obtaining a wide range of quotes gives you a better chance of getting the best offered rates.

You may need specialized coverage

When buying the right insurance coverage, there really is no “best” method to buy coverage. Every situation is different and a cookie cutter policy won’t apply. Here are some questions about coverages that may help highlight whether or not you could use an agent’s help.

  • Is pleasure use cheaper than using my 2012 Cadillac CTS-V Coupe to commute?
  • What vehicles should carry emergency assistance coverage?
  • How can I force my company to pay a claim?
  • Does my insurance cover a custom paint job?
  • I have good health insurance, so how much medical payments coverage do I need?
  • Do I benefit by insuring my home with the same company?
  • When can my company non-renew my policy?
  • Does insurance cover tools stolen from my truck?
  • Should I buy full coverage?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with an insurance agent. To find lower rates from a local agent, take a second and complete this form or go to this page to view a list of companies.

Auto insurance specifics

Understanding the coverages of your policy aids in choosing the right coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Shown next are the normal coverages found on the average auto insurance policy.

Liability – Liability coverage provides protection from damage that occurs to people or other property. This insurance protects YOU against claims from other people, and does not provide coverage for your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things like pain and suffering, repair bills for other people’s vehicles, medical expenses, court costs and funeral expenses. How much coverage you buy is a personal decision, but buy higher limits if possible.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage provides protection from other drivers when they either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and also any damage incurred to your Cadillac CTS-V Coupe.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is a good idea.

Collision coverage – This covers damage to your CTS-V Coupe from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like damaging your car on a curb, crashing into a ditch and sustaining damage from a pot hole. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. Drivers also have the option to bump up the deductible to save money on collision insurance.

Comprehensive auto coverage – Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like damage from flooding, hitting a deer, a broken windshield and damage from a tornado or hurricane. The maximum amount you can receive from a comprehensive claim is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for bills for funeral costs, X-ray expenses, EMT expenses and rehabilitation expenses. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Coverage applies to both the driver and occupants and will also cover if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

Never pay more for less

When trying to cut insurance costs, it’s very important that you do not buy lower coverage limits just to save a few bucks. There are a lot of situations where an insured dropped full coverage only to discover later they didn’t purchase enough coverage. Your aim should be to buy a smart amount of coverage at a price you can afford, not the least amount of coverage.

Low-cost 2012 Cadillac CTS-V Coupe insurance is available on the web and with local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies do not offer online quoting and these small, regional companies work with independent agents.

You just learned many ideas to lower your insurance rates. It’s most important to understand that the more you quote, the more likely it is that you will get a better rate. Consumers may even find the best prices are with a small mutual company. Smaller companies often have lower prices on specific markets compared to the large companies like Allstate, Geico and Progressive.

Much more information about car insurance can be found at these links: