Cheap 2015 Cadillac SRX Car Insurance Cost

Trying to find better auto insurance rates for your Cadillac SRX? Expensive auto insurance can overdraw your personal savings and make it impossible to make ends meet. Shopping your coverage around is a great way to cut your insurance bill.

Insurance companies such as Geico, Progressive and Allstate continually bombard you with ads and consumers find it hard to separate fact from fiction and take the time to shop coverage around.

It’s a good idea to do rate comparisons yearly since insurance rates go up and down regularly. Just because you found the best deal on SRX insurance a year ago you will most likely find a better rate today. Forget anything you know (or think you know) about auto insurance because you’re about to learn one of the quickest ways to find great coverage at a great price.

Fast and Easy Auto Insurance Quotes

There are a lot of ways to compare auto insurance quotes, but some are more efficient than others. You can spend your afternoon discussing policy coverages with insurance companies in your area, or you could save time and use the internet to get prices fast.

Most of the larger companies participate in a marketplace that allows shoppers to send in one quote, and at least one company then returns a price quote based on that information. This system prevents you from having to do form submissions for each company you want a rate for.

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

The single downside to getting quotes like this is you can’t choose which providers you want pricing from. So if you prefer to pick from a list of companies for rate comparison, we have assembled a list of low cost auto insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but be sure to compare exactly the same coverage limits for each price quote. If you compare mixed coverages then you won’t be able to determine the best price for your Cadillac SRX. Just a small difference in coverages can result in a big premium difference. It’s important to know that quoting more will enable you to find a lower rate.

You probably qualify for some discounts

Insuring your fleet can be pricey, but you can get discounts that can drop the cost substantially. Larger premium reductions will be automatically applied at the time of purchase, but some may not be applied and must be specifically requested prior to receiving the credit.

• Seat Belts Save – Drivers who require all occupants to use a seat belt can save 10% or more off your medical payments premium.
• Pay Upfront and Save – By paying your policy upfront instead of paying each month you could save 5% or more.
• Life Insurance – Larger companies have a break if you buy life insurance.
• Driver Safety – Taking a defensive driving course could save 5% or more and easily recoup the cost of the course.
• New Vehicle Savings – Buying coverage on a new vehicle can save up to 30% since new cars are generally safer.
• Theft Prevention Discount – Cars that have factory anti-theft systems prevent vehicle theft and therefore earn up to a 10% discount.
• One Accident Forgiven – A handful of insurance companies allow you one accident without raising rates so long as you haven’t had any claims for a set time period.
• More Vehicles More Savings – Buying coverage for multiple cars or trucks with the same company qualifies for this discount.

It’s important to understand that some credits don’t apply to the entire cost. The majority will only reduce specific coverage prices like liability and collision coverage. Just because it seems like you can get free auto insurance, you’re out of luck. Any amount of discount will cut the cost of coverage.

For a list of providers offering car insurance discounts, click this link.

There’s no such thing as the perfect policy

When it comes to choosing proper insurance coverage, there really is not a single plan that fits everyone. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that may help you determine whether you might need professional guidance.

• Can I pay claims out-of-pocket if I buy high deductibles?
• Are rental cars covered under my policy?
• What vehicles should carry emergency assistance coverage?
• Is my teenager covered with friends in the car?
• Do I get a pro-rated refund if I cancel my policy early?
• Am I getting all the discounts available?
• Am I covered if I crash into my own garage door?
• What are the financial responsibility laws in my state?
• Should I have a commercial auto policy?

If you’re not sure about those questions, then you may want to think about talking to an agent. To find an agent in your area, complete this form or click here for a list of insurance coverage companies in your area.

Detailed coverages of your insurance policy

Understanding the coverages of insurance aids in choosing appropriate coverage for your vehicles. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement. Listed below are the normal coverages found on most insurance policies.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle from other motorists when they do not carry enough liability coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Cadillac SRX.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Liability coverages – Liability coverage will cover damage or injury you incur to people or other property. It protects you against other people’s claims, and doesn’t cover 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 commonly see policy limits of 50/100/50 which means $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage protects against claims like structural damage, funeral expenses, pain and suffering, legal defense fees and bail bonds. The amount of liability coverage you purchase is a personal decision, but consider buying as high a limit as you can afford.

Comprehensive protection – Comprehensive insurance covers damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like falling objects, damage from flooding and hitting a deer. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage – Medical payments and Personal Injury Protection insurance pay for immediate expenses for things like surgery, rehabilitation expenses, dental work and EMT expenses. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision – This coverage covers damage to your SRX caused by collision 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 such as sustaining damage from a pot hole, damaging your car on a curb, hitting a mailbox and crashing into a ditch. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to bump up the deductible to bring the cost down.