1999 Cadillac Escalade Insurance Cost

I can’t think of anyone who enjoys paying for auto insurance, especially when it costs too dang much.

Vehicle owners have multiple auto insurance companies to buy insurance from, and though it is a good thing to have a choice, so many choices can make it hard to get the best deal.

Finding affordable coverage is quite easy. If you are paying for car insurance now, you should be able to reduce your rates substantially using this information. But car owners do need to know the way companies price insurance differently and take advantage of how the system works.

Insurance coverage companies offer lots of discounts

Insurance can cost an arm and a leg, but you can get discounts that can drop the cost substantially. Many discounts should be triggered when you quote, but once in a while a discount must be specially asked for before they will apply.

  • Senior Citizen Discount – Seniors could receive lower premium rates for Escalade coverage.
  • Anti-lock Brake Discount – Cars that have anti-lock braking systems are safer to drive and will save you 10% or more.
  • Auto/Life Discount – Larger companies have a small discount if you purchase a life insurance policy as well.
  • Payment Discounts – By paying your policy upfront instead of monthly or quarterly installments you could save 5% or more.
  • Anti-theft System – Cars, trucks, and SUVs equipped with tracking devices and advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Multiple Cars – Having primary and secondary vehicles on one policy could earn a price break for each car.
  • Defensive Driver – Successfully completing a class that teaches defensive driving techniques can save you 5% or more and easily recoup the cost of the course.
  • Lower Rates for Military – Having a family member in the military could mean lower premium rates.
  • Bundle and Save – If you insure your home and vehicles with one company you could get a discount of up to 20% and get you inexpensive car insurance.
  • Homeowners Discount – Just owning your own home can save you money since owning and maintaining a home requires personal responsibility.

Discounts lower rates, but most of the big mark downs will not be given to the overall cost of the policy. Some only reduce the price of certain insurance coverages like comp or med pay. So even though it sounds like it’s possible to get free car insurance, companies don’t profit that way.

To see a list of insurers that offer discounts, click here to view.

Cut insurance costs with these tips

Multiple criteria are part of the calculation when you get your auto insurance bill. Some of the criteria are obvious such as your driving record, although others are not as apparent like your continuous coverage or your commute time.

Listed below are most of the major factors used by your company to calculate your rates.

  • Premiums increase with driving tickets – Having a clean driving record has a huge affect on how much you pay. Having a single moving violation may cause rates to rise by as much as twenty percent. Careful drivers get better prices than bad drivers. Drivers who have careless citations such as DUI, reckless driving or excessive speeding may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with their state DMV in order to legally drive.
  • Combine policies to earn discounts – Most major companies will give lower prices to buyers who consolidate policies with them such as combining an auto and homeowners policy. Even though this discount sounds good, it’s still a good idea to compare rates to help ensure you have the lowest rates.
  • Lower miles equals lower premium – Driving a lot of miles annually the more you’ll pay to insure your vehicle. Almost all companies rate vehicles based on how the vehicle is used. Cars and trucks left parked in the garage can get a lower rate than those that get driven frequently. A policy that improperly rates your Escalade is just wasting money. Ask your agent if your declarations sheet reflects annual mileage.
  • Cars with good safety ratings means cheaper premiums – Cars with five star safety ratings are cheaper to insure. Vehicles built for safety reduce occupant injuries and better occupant protection means lower claim amounts and thus lower rates.

Do I just need basic coverages?

When it comes to choosing adequate coverage, there is no “best” method to buy coverage. Coverage needs to be tailored to your specific needs and a cookie cutter policy won’t apply. For instance, these questions can help discover whether or not you would benefit from professional advice.

  • How do I file an SR-22 for a DUI in my state?
  • Who is covered when they drive my 1999 Cadillac Escalade?
  • Does my car insurance cover rental cars?
  • What is the difference between comprehensive and collision coverage?
  • Is pleasure use cheaper than using my 1999 Cadillac Escalade to commute?
  • Will filing a claim cost me more?
  • Do I need motorclub coverage?
  • Where can I find high-risk insurance?
  • Is my cargo covered for damage or theft?

If you don’t know the answers to these questions, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Learn about auto insurance coverages for a Cadillac Escalade

Learning about specific coverages of auto insurance can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be difficult to understand and nobody wants to actually read their policy. Listed below are typical coverages found on the average auto insurance policy.

Collision coverage – This covers damage to your Escalade resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a parking meter, damaging your car on a curb, sideswiping another vehicle and crashing into a building. Collision coverage makes up a good portion of your premium, so you might think about dropping it from lower value vehicles. You can also bump up the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM) – This protects you and your vehicle when the “other guys” do not carry enough liability coverage. Covered losses include medical payments for you and your occupants as well as damage to your 1999 Cadillac Escalade.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability car insurance – Liability insurance protects you from injuries or damage you cause to a person or their property. This insurance protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show values of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims like repair costs for stationary objects, loss of income, attorney fees and bail bonds. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.

Comprehensive insurance – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims such as damage from a tornado or hurricane, damage from flooding and damage from getting keyed. The most you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance pay for expenses such as X-ray expenses, rehabilitation expenses, nursing services, dental work and ambulance fees. The coverages can be utilized in addition to your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants and will also cover any family member struck as a pedestrian. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Be a smart shopper

You just learned quite a bit of information on how to get a better price on 1999 Cadillac Escalade insurance. The most important thing to understand is the more providers you compare, the better your chances of lowering your prices. You may be surprised to find that the best premium rates are with a small local company. These smaller insurers often have lower prices on specific markets compared to the large companies like Allstate, GEICO and Progressive.

Affordable 1999 Cadillac Escalade insurance is definitely available on the web in addition to local insurance agencies, and you should be comparing both to get a complete price analysis. Some companies do not offer the ability to get quotes online and these regional insurance providers sell through independent agents.

When getting car insurance quotes online, make sure you don’t skimp on coverage in order to save money. In many cases, drivers have reduced physical damage coverage only to find out that they should have had better coverage. The ultimate goal is to buy the best coverage you can find at the lowest possible cost, but do not skimp to save money.

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