Save on 2013 Cadillac Escalade Insurance Cost

Trying to find lower insurance coverage rates for your Cadillac Escalade? Did you fall for a flashy sales pitch and buy overpriced insurance coverage? Trust us, there are lots of people in the same boat. Consumers have many car insurance companies to choose from, and even though it’s nice to be able to choose, so many choices can make it hard to get the best deal.

The purpose of this post is to let you in on the most effective way to quote insurance and some tricks to saving. If you are paying for car insurance now, you will most likely be able to lower your premiums substantially using this information. Consumers just need to understand the proper methods to find the lowest price online.

The method we recommend to get rate comparisons is to know almost all companies provide online access to give you rate quotes. All consumers are required to do is give the companies some data such as which vehicles you own, if a SR-22 is needed, if you’re married, and coverage limits. Your insurance information is sent automatically to multiple different insurance companies and they provide comparison quotes very quickly.

Save money by taking advantage of these discounts

Insuring your vehicles can cost a lot, buy you may qualify for discounts to cut the cost considerably. Certain discounts will be triggered automatically at the time you complete a quote, but a few need to be specially asked for in order for you to get them. If they aren’t giving you every credit available, you are throwing money away.

  • Lower Rates for Military – Having a deployed family member could mean lower rates.
  • Drivers Ed for Students – Have your child take driver’s ed class if it’s offered in school.
  • Safe Driver Discount – Drivers who avoid accidents can get discounts for up to 45% lower rates for Escalade insurance than drivers with accidents.
  • Save over 55 – If you’re over the age of 55, you can possibly qualify for a small decrease in premiums for Escalade insurance.
  • Air Bag Discount – Cars that have air bags may earn rate discounts of up to 25% or more.
  • Anti-lock Brakes – Cars that have steering control and anti-lock brakes prevent accidents and qualify for as much as a 10% discount.
  • Federal Employees – Active or retired federal employment can earn a discount up to 10% for Escalade insurance with certain companies.
  • Auto/Home Discount – If you have multiple policies with one company you could get a discount of up to 20% off your total premium.

A little note about advertised discounts, most of the big mark downs will not be given to the overall cost of the policy. The majority will only reduce specific coverage prices like medical payments or collision. So when it seems like you can get free auto insurance, it just doesn’t work that way. But any discount will help reduce your premiums.

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

Some factors that can determine what Cadillac Escalade insurance costs

Smart consumers have a good feel for the different types of things that go into determining insurance coverage rates. When you know what positively or negatively influences your rates empowers consumers to make smart changes that can help you get much lower annual insurance costs.

Listed below are a few of the “ingredients” used by your company to calculate your rates.

  • Do you work long hours in a high stress job? – Did you know your insurance coverage rates can be affected by your occupation? Occupations such as judges, architects and dentists tend to have the highest average rates attributed to stressful work requirements and long work hours. Other occupations like actors, historians and performers receive lower rates for Escalade insurance.
  • Clean credit earns discounts – Credit score is a important factor in determining what you pay for insurance coverage. Therefore, if your credit is lower than you’d like, you could potentially save money when insuring your 2013 Cadillac Escalade by improving your rating. People with high credit scores tend to be more responsible than those with poor credit.
  • A clean driving record saves money – Even a single moving violation can boost insurance rates twenty percent or more. Careful drivers tend to pay less for car insurance than people who have multiple driving citations. Drivers who get severe violations like reckless driving, hit and run or driving under the influence may be required to submit a SR-22 or proof of financial responsibility with the DMV in their state in order to drive a vehicle legally.
  • Lower rates with optional equipment – Purchasing a vehicle that has an advanced theft prevention system can get you a discount on your insurance coverage. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all aid in stopping your vehicle from being stolen.
  • Drive less and save money – The more you drive in a year the higher your rates will be. Almost all companies charge to insure your cars based upon how you use the vehicle. Cars used primarily for pleasure use can get a lower rate than vehicles that are driven to work every day. An improperly rated Escalade may be wasting your money. Double check that your insurance coverage policy is showing the correct driver usage, because it can save money.
  • Do you know your deductibles? – Deductibles for physical damage define the amount you are willing to pay out-of-pocket in the event of a claim. Coverage for physical damage, also known as collision and other-than-collision, insures against damage to your car. Some examples of claims that would be covered would be running into the backend of another car, damage from fire, or theft. The higher the amount the insured has to pay upfront, the lower your rates will be for Escalade insurance.
  • No coverage gaps is important – Allowing your insurance coverage policy to lapse will be a fast way to bump up your insurance coverage costs. And not only will your rates increase, but not being able to provide proof of insurance will get you a steep fine or even jail time.

When should I use an insurance agent?

When choosing the right insurance coverage for your personal vehicles, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs and your policy should reflect that. For example, these questions can help discover if your situation might need an agent’s assistance.

  • What companies insure drivers after a DUI or DWI?
  • Do I have coverage when making deliveries for my home business?
  • Can I afford low physical damage deductibles?
  • Do I benefit by insuring my home with the same company?
  • What is an SR-22 filing?
  • Do I pay less for low miles?

If you’re not sure about those questions, you may need to chat with an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.

Save 15 percent in 15 minutes? Is it for real?

Consumers constantly see and hear ads for cheaper car insurance from companies such as State Farm, Geico and Progressive. All the ads make the same claim that you can save after switching your policy.

How can each company make the same claim?

Insurance companies are able to cherry pick for the type of driver that earns them a profit. A good example of a profitable customer could be between the ages of 40 and 55, is a homeowner, and has a high credit rating. A propective insured who meets those qualifications is entitled to the best price and therefore will save a lot of money.

Potential customers who are not a match for this ideal profile will be charged a more expensive rate and ends up with business not being written. The ads say “customers that switch” not “everybody who quotes” save that much money. This is how insurance companies can make those claims.

That is why drivers should get quotes from several different companies. It is impossible to predict which auto insurance company will give you the biggest savings on Cadillac Escalade insurance.

Information about specific coverages

Having a good grasp of insurance can help you determine appropriate coverage and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage pay for bills for prosthetic devices, funeral costs, doctor visits and surgery. They can be used to fill the gap from your health insurance program or if you lack health insurance entirely. Coverage applies to you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is only offered in select states and may carry a deductible

Auto liability – Liability coverage protects you from damages or injuries you inflict on other’s property or people in an accident. It protects you from claims by other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 25/50/25 which stand for a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Alternatively, you may have one limit called combined single limit (CSL) which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things such as medical services, bail bonds, legal defense fees and loss of income. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverages – This will pay to fix damage to your Escalade caused by collision with another vehicle or an object, but not an animal. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for things such as scraping a guard rail, rolling your car, hitting a mailbox, crashing into a ditch and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. It’s also possible to raise the deductible to bring the cost down.

Comprehensive protection – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like rock chips in glass, damage from getting keyed, fire damage, falling objects and hail damage. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured or underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 2013 Cadillac Escalade.

Because many people 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 very important. Usually these coverages are set the same as your liablity limits.

More choices the merrier

In this article, we presented a lot of ways to shop for 2013 Cadillac Escalade insurance online. The key thing to remember is the more quotes you get, the better chance you’ll have of finding lower rates. You may even discover the biggest savings come from the smaller companies. Smaller companies may cover specific market segments cheaper compared to the large companies like State Farm and Allstate.

When buying insurance coverage, do not buy lower coverage limits just to save a few bucks. In too many instances, consumers will sacrifice uninsured motorist or liability limits and discovered at claim time that the few dollars in savings costed them thousands. The ultimate goal is to purchase a proper amount of coverage for the lowest price, not the least amount of coverage.

More detailed insurance coverage information is available by following these links: