Cheaper 2014 Cadillac SRX Car Insurance Quotes

Shopping for affordable auto insurance over the internet may be difficult for beginners to price shopping online. With a ridiculous number of choices, how can drivers possibly compare the different rates to find the best available rates?

If you have car insurance now, you will be able to save some money using this information. Pricing affordable insurance coverage is not that difficult. Nevertheless, car owners must know how insurance companies market on the web.

These factors can influence Cadillac SRX insurance rates

Consumers need to have an understanding of the factors that go into determining your insurance coverage rates. When you know what positively or negatively influences your rates allows you to make educated decisions that may reward you with big savings.

  • Lower rates come with age – Mature drivers are more responsible, file fewer claims and tend to be better behind the wheel. Teenage drivers are statistically proven to be less responsible in a vehicle and because of this, their insurance coverage rates are much higher.
  • Pay less after the wedding – Having a spouse can get you a discount when buying insurance coverage. Having a spouse is viewed as being more mature and responsible it has been statistically shown that drivers who are married are more cautious.
  • High crash test scores lower rates – Vehicles with good safety scores can get you lower premiums. Safe vehicles reduce injuries and any reduction in injury severity translates into savings for insurance companies and thus lower rates. If your Cadillac SRX has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
  • Policy add-ons can waste money – There are a ton of extra bells and whistles that you can buy when buying insurance coverage. Insurance for vanishing deductibles, towing coverage and membership fees are examples of these. These may sound like a good investment when talking to your agent, but your needs may have changed so eliminate the coverages to reduce your premium.
  • Frequent insurance coverage claims increase rates – Car insurance companies award cheaper rates to insureds who file claims infrequently. If you file claims often, you can look forward to either higher rates or even cancellation. Car insurance is designed for major claims that would cause financial hardship.
  • Men fork out a little more – Statistics demonstrate women are more cautious behind the wheel. However, don’t assume that women are better drivers. Both sexes tend to get into accidents at a similar rate, but the males cause more damage and cost insurance companies more money. They also get cited for more serious violations like DUI and reckless driving.
  • Cautious drivers pay less – Just one ticket can boost insurance rates by as much as thirty percent. Careful drivers receive lower rates than people who have multiple driving citations. Drivers who have severe citations such as reckless driving, hit and run or driving under the influence may need to file a SR-22 with the DMV in their state in order to drive a vehicle legally.
  • Your stress level may be raising your rates – Careers like real estate brokers, executives and accountants have higher rates than average attributed to high stress and long work hours. On the flip side, jobs such as farmers, athletes and the unemployed get better rates on SRX coverage.

Comparison of Insurance

Effectively comparing insurance prices can be a daunting task if you don’t utilize the fastest way to get free quotes. You could waste time talking to insurance agencies in your area, or you can utilize online quoting to get prices fast.

Most of the larger companies are enrolled in a marketplace that allows shoppers to submit one quote, and each company returns a competitive quote determined by their information. This eliminates the need for quote requests for every insurance company.

To access this free quoting program, click to open in new window.

The only downside to doing it this way is you don’t know exactly which providers to get pricing from. If you would rather choose specific insurance companies for rate comparison, we have a listing of companies who write insurance in your area. View list of insurance companies.

However you get your quotes, double check that you are using the exact same coverage limits on every quote you get. If your comparisons have different values for each quote it will be next to impossible to find the best deal for your Cadillac SRX. Quoting even small variations in insurance coverages can result in a big premium difference. Just keep in mind that having more price comparisons will enable you to find lower pricing.

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

Geico, State Farm and Progressive continually stream ads on television and other media. All the companies make an identical promise that you’ll save big after switching to their company. How do they all say the same thing? It’s all in the numbers.

Different companies have a certain “appetite” for the driver that is profitable for them. For instance, a preferred risk could possibly be between the ages of 40 and 55, is a homeowner, and has a short commute. A customer who meets those qualifications is entitled to the best price and most likely will pay quite a bit less when switching companies.

Potential insureds who fall outside this ideal profile will have to pay higher rates and this can result in business going elsewhere. The ads say “people who switch” not “people who quote” save money. That’s why insurance companies can make the claims of big savings.

Because of the profiling, you absolutely need to compare as many rates as you can. It’s not possible to predict which company will fit your personal profile best.

Pay less for Cadillac SRX insurance

Insurance can cost an arm and a leg, but discounts can save money and there are some available that many people don’t even know exist. Certain discounts will be applied at the time of quoting, but some may not be applied and must be specifically requested before they will apply.

  • Early Signing – Some companies give discounts for signing up before your current expiration date. This can save 10% or more.
  • Resident Student – Children who attend school more than 100 miles from home and do not have a car may qualify for this discount.
  • No Charge for an Accident – Certain companies allow you one accident before your rates go up as long as you don’t have any claims for a certain period of time.
  • Defensive Driver – Taking a driver safety course could cut 5% off your bill if you qualify.
  • Multi-policy Discount – If you insure your home and vehicles with the same insurance company you could get a discount of 10% to 20% off each policy.
  • Clubs and Organizations – Affiliation with a professional or civic organization could trigger savings on insurance on SRX coverage.
  • Homeowners Pay Less – Being a homeowner may earn you a small savings because of the fact that having a home requires personal responsibility.
  • Safe Driver Discount – Insureds without accidents can get discounts for up to 45% lower rates on SRX coverage than drivers with accident claims.
  • Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase a life insurance policy as well.

Drivers should understand that some credits don’t apply to the overall cost of the policy. The majority will only reduce individual premiums such as liability and collision coverage. Just because you may think adding up those discounts means a free policy, it doesn’t quite work that way. But all discounts will bring down the cost of coverage.

For a list of companies with discount insurance rates, click here.

Tailor your coverage to you

When it comes to choosing the right insurance coverage, there isn’t really a one size fits all plan. Every insured’s situation is different.

For instance, these questions can help discover whether or not you might need professional guidance.

  • Does my insurance cover damage caused when ticketed for reckless driving?
  • What is the minimum liability in my state?
  • Which is better, split liability limits or combined limits?
  • What vehicles should carry emergency assistance coverage?
  • Can I get a multi-policy discount?
  • Are there companies who specialize in insuring high-risk drivers?
  • Should I buy only the required minimum liability coverage?

If you can’t answer these questions but you think they might apply to your situation, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form.

Insurance coverage basics

Understanding the coverages of a insurance policy helps when choosing the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and reading a policy is terribly boring.

Liability

Liability coverage can cover injuries or damage you cause to people or other property by causing an accident. It protects you from claims by other people, and does not provide coverage for damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 that means you have a $25,000 limit per person for injuries, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property. Alternatively, you may have a combined limit which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as repair costs for stationary objects, legal defense fees, funeral expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage kick in for bills like pain medications, hospital visits, chiropractic care, doctor visits and nursing services. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Coverage for uninsured or underinsured drivers

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Cadillac SRX.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is very important. Usually the UM/UIM limits are similar to your liability insurance amounts.

Coverage for collisions

Collision insurance will pay to fix damage to your SRX resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like backing into a parked car, hitting a parking meter, sideswiping another vehicle and damaging your car on a curb. Collision is rather expensive coverage, so consider removing coverage from older vehicles. You can also bump up the deductible to save money on collision insurance.

Comprehensive insurance

This 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 can pay for claims such as hail damage, theft, rock chips in glass, damage from getting keyed and hitting a bird. The highest amount you’ll receive from a claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

In conclusion

As you restructure your insurance plan, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where drivers have reduced full coverage and found out when filing a claim that the small savings ended up costing them much more. The proper strategy is to purchase a proper amount of coverage at a price you can afford.

People switch companies for a number of reasons such as not issuing a premium refund, extreme rates for teen drivers, unfair underwriting practices and even being labeled a high risk driver. Regardless of your reason for switching companies, finding a new car insurance company can be pretty painless.

In this article, we covered some good ideas how to get a better price on 2014 Cadillac SRX insurance. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. Drivers may discover the most savings is with the smaller companies.

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