Save on 2003 Cadillac Escalade ESV Insurance Rates

Trying to find cheaper car insurance rates for your Cadillac Escalade ESV? Nobody I know loves paying for car insurance, especially when they know they are paying too much. There is such a variety of insurance companies to buy insurance from, and even though it’s nice to have a choice, lots of choices makes it harder to find the best rates for your vehicles.

Consumers should take time to compare prices on a regular basis because prices change regularly. If you had the lowest rates for Escalade ESV coverage two years ago you can probably find a lower rate today. There is a lot of bad advice regarding car insurance on the internet, but in this article, you’re going to get some of the best techniques to lower your car insurance bill.

The purpose of this post is to introduce you to how to effectively get price quotes and some money-saving tips. If you currently have car insurance, you should be able to reduce your rates substantially using this strategy. Drivers only need an understanding of the best way to shop online.

How to get affordable insurance

All major insurance companies such as 21st Century, Allstate and State Farm allow you to get coverage prices direct online. Getting online rates is pretty easy as you simply type in the coverage amounts you desire as detailed in the form. When complete, the quote system orders your driving record and credit report and gives you a price quote based on these factors. Online quotes makes it easy to compare insurance prices but having to visit many different websites and type in your information gets old quite quickly. But it’s necessary to do this if you want to get a better rate.

The smarter way to find cheaper rates uses just one form to return rates from several companies at one time. It’s a real time-saver, eliminates repetitive work, and makes comparison shopping a little more enjoyable. Once the form is submitted, your coverage is rated and you can select any or none of the pricing results.

If the quotes result in lower rates, you simply finish the application and purchase coverage. It takes 15 minutes at the most and could lower your rates considerably.

If you want to get comparison pricing now, click here to open in new window and enter your information. If you have a policy now, it’s recommended you copy the limits and deductibles just like they are on your policy. This makes sure you will receive a rate comparison based on similar coverages.

Find discounts on insurance coverage

Companies don’t list the entire discount list very clearly, so here is a list a few of the more well known as well as some of the hidden credits available to you.

  • Paper-free Discount – Many larger companies will provide an incentive for buying your policy on the web.
  • Driver Training Discounts – Passing a course in defensive driving can save you 5% or more and make you a better driver.
  • Discount for Low Mileage – Maintaining low annual mileage could qualify for lower prices due to less chance of an accident.
  • ABS and Traction Control Discounts – Cars equipped with ABS or steering control are safer to drive so you can save 10 percent or more.
  • Telematics Data Discounts – Drivers that enable companies to study driving patterns through the use of a telematics system such as Progressive’s Snapshot and State Farm’s In-Drive could possibly reduce rates if they exhibit good driving behavior.
  • Active Service Discounts – Having an actively deployed family member could be rewarded with lower prices.
  • Good Student – A discount for being a good student could provide a savings of up to 20% or more. You can use this discount normally until age 25.
  • Accident Waiver – but a few companies such as Allstate, State Farm and GEICO will forgive one accident before hitting you with a surcharge if you have no claims for a certain period of time.
  • Save over 55 – If you qualify as a senior citizen, you may be able to get lower premium rates for Escalade ESV coverage.
  • Auto/Home Discount – If you can bundle your auto and home insurance and insure them with the same company you could save as much as 10 to 15 percent.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to your bottom line cost. Most only apply to the price of certain insurance coverages like liability, collision or medical payments. So even though you would think adding up those discounts means a free policy, you aren’t that lucky.

Some of the larger companies who may offer most of these discounts may include but are not limited to:

When quoting, ask each company to apply every possible discount. Some of the discounts discussed earlier might not be offered everywhere.

Tailor your insurance coverage coverage to you

When buying the right insurance coverage, there really is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that can help discover if your situation might need an agent’s assistance.

  • How do I insure my teen driver?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is my teen driver covered when they drive my company car?
  • Do I have coverage for damage caused while driving under the influence?
  • How much can I save by bundling my policies?
  • How much liability coverage do I need in my state?
  • When should my teen driver be added to my policy?
  • Is my vehicle covered by my employer’s policy when using it for work?

If it’s difficult to answer those questions then you might want to talk to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It only takes a few minutes and can help protect your family.

What auto insurance coverages do you need?

Knowing the specifics of your policy can be of help when determining appropriate coverage for your vehicles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverage types available from auto insurance companies.

Comprehensive or Other Than Collision

This coverage pays for damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as a broken windshield, vandalism, rock chips in glass and hitting a deer. The highest amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Liability car insurance

Liability coverage can cover damage that occurs to a person or their property. It protects YOU against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability coverage protects against things like structural damage, attorney fees and court costs. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Auto collision coverage

This pays for damage to your Escalade ESV caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as backing into a parked car, damaging your car on a curb and crashing into a building. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. Another option is to increase the deductible to get cheaper collision coverage.

Medical costs insurance

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like chiropractic care, pain medications, funeral costs, rehabilitation expenses and nursing services. They can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal injury protection coverage is not an option in every state and gives slightly broader coverage than med pay

UM/UIM Coverage

This provides protection from other motorists when they are uninsured or don’t have enough coverage. This coverage pays for injuries to you and your family as well as damage to your 2003 Cadillac Escalade ESV.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Normally the UM/UIM limits do not exceed the liability coverage limits.

Be a money saver!

You just read a lot of tips how to compare 2003 Cadillac Escalade ESV insurance prices online. The key thing to remember is the more times you quote, the better your chances of lowering your rates. Consumers could even find that the biggest savings come from a smaller regional carrier. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as Progressive and GEICO.

Lower-priced 2003 Cadillac Escalade ESV insurance can be purchased from both online companies as well as from independent agents, so you should compare both to have the best chance of lowering rates. A few companies do not offer online rate quotes and these small, regional companies work with independent insurance agencies.

For more information, take a look at the resources below: