Save on 2006 Cadillac Escalade Insurance Quotes

Trying to find the cheapest insurance for a Cadillac Escalade could be an all-consuming task, but you can use our insurance buying tips to save time. There is a better way to buy insurance and you need to know the absolute fastest way to price shop coverage for your Cadillac and get the best price possible from local insurance agents and online providers.

You should take the time to compare premium rates occasionally since insurance rates are constantly changing. Even if you got the lowest premium rates for Escalade coverage six months ago you may be paying too much now. Ignore everything you know about insurance because you’re about to learn the proper way to find better rates and still maintain coverage.

Compare free insurance coverage rate quotes

Cutting your insurance coverage rates is surprisingly easy. Just invest a little time to compare rate quotes online from several insurance companies. Comparing prices online can be done using a couple different methods.

  1. The most recommended method consumers can make multiple comparisons is an all-inclusive rate comparison click to view form in new window. This style of form eliminates the need for multiple quote forms for every prospective company. Just one form gets insurance cost estimates from all major companies. It’s the fastest way to compare.
  2. A harder way to get quotes online requires a trip to the website for every company you want to comare and get a separate price quote. For examples sake, let’s assume you are doing a rate comparison from State Farm, Progressive and American Family. To get each rate you have to visit each site and enter your policy data, which is why the first method is quicker.

    For a list of companies in your area, click here.

  3. The hardest way to compare price estimates is physically going to insurance agents’ offices. Buying insurance online has made agencies unnecessary unless your situation requires the professional guidance that only an agent can give. It is possible with some companies comparison shop online and get advice from an agent in your area.

However you get your quotes, do your best to use identical coverages on every quote you get. If you have different liability limits it’s not possible to make a fair comparison for your Cadillac Escalade.

Do you qualify for discounts?

Insurance can be pricey, but you can get discounts that can drop the cost substantially. Certain discounts will be triggered automatically when you quote, but some need to be inquired about prior to receiving the credit.

  • Membership in Organizations – Being in specific professional or occupational memberships or organizations is a good way to get lower rates on your next insurance statement.
  • Accident-Free Discounts – Drivers who don’t have accidents have much lower rates as opposed to insureds who have frequent claims or accidents.
  • Discounts for Good Drivers – Drivers who don’t get into accidents may receive a discount up to 45% for Escalade coverage than less cautious drivers.
  • Multiple Cars – Buying coverage for all your vehicles on the same insurance policy qualifies for this discount.
  • Early Switch Discount – Select insurance companies give a discount for switching to them early. You may see this discount when you get insurance quotes online.
  • Low Mileage – Low mileage vehicles could qualify for substantially lower premium rates.
  • Include Life Insurance and Save – Some insurance companies give a break if you buy life insurance from them.
  • Homeowners Discount – Owning a home can earn you a little savings because maintaining a house shows financial diligence.
  • Paper-free Discount – Certain larger companies provide a small discount shop insurance online.

A little disclaimer on discounts, most credits do not apply the the whole policy. Most only apply to specific coverage prices like liability, collision or medical payments. Despite the fact that it seems like you would end up receiving a 100% discount, insurance companies aren’t that generous.

A list of insurance companies and a selection of discounts are included below.

  • Progressive includes discounts for multi-vehicle, good student, online quote discount, online signing, homeowner, multi-policy, and continuous coverage.
  • AAA discounts include good student, pay-in-full, anti-theft, multi-car, and multi-policy.
  • Farmers Insurance may include discounts for early shopping, teen driver, alternative fuel, homeowner, pay in full, electronic funds transfer, and distant student.
  • GEICO may have discounts that include defensive driver, military active duty, driver training, multi-policy, membership and employees, and emergency military deployment.
  • Esurance offers premium reductions for Pac-12 alumni, defensive driver, anti-lock brakes, online shopper, and claim free.
  • SAFECO offers discounts for multi-car, bundle discounts, teen safe driver, drive less, and homeowner.
  • State Farm has discounts for good student, multiple policy, student away at school, driver’s education, accident-free, defensive driving training, and safe vehicle.

When comparing rates, check with each company which discounts you qualify for. All car insurance discounts might not apply in your area. If you would like to choose from a list of insurance companies with the best insurance discounts, click here.

Lower the price of car insurance with these tips

An important part of buying insurance is that you know the factors that aid in calculating the rates you pay for car insurance. When you understand what influences your rates, this allows you to make educated decisions that can earn you lower car insurance prices. Lots of things are part of the equation when you get your auto insurance bill. Some of the criteria are obvious like a motor vehicle report, but other factors are more transparent like your continuous coverage and annual miles driven.

The factors shown below are just a few of the factors car insurance companies consider when setting premiums.

  • Avoid unnecessary extra coverages – There are many extra bells and whistles you can purchase but may not be useful. Insurance for things like rental car coverage, better glass coverage, and Farm Bureau memberships are some examples. These may sound like a good investment when discussing your needs, but your money might be better spent on other coverage so get rid of them and save.
  • No claims equals better premiums – If you file a lot of claims you can look forward to higher rates. Car insurance companies generally give cheaper rates to policyholders who are not frequent claim filers. Your car insurance is meant to be used in the event of larger claims.
  • Save money with alarms and GPS tracking – Buying a car that has a built-in theft deterrent system can save you some money. Systems that thwart theives like GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping your car from being stolen.
  • Liability coverage – Your policy’s liability coverage will afford coverage if a court rules you are at fault for causing personal injury or damage in an accident. Your liability coverage provides for a legal defense to defend your case. This coverage is relatively inexpensive when compared to the cost of physical damage coverage, so do not skimp.
  • How credit score affects car insurance rates – Having a bad credit rating will be a significant factor in calculating your car insurance rates. Consumers who have high credit scores tend to be more responsible than drivers who have bad credit. Therefore, if your credit rating is low, you could pay less to insure your 2006 Cadillac Escalade if you clean up your credit.
  • Lower rates with no policy lapses – Not maintaining insurance is a big no-no and any future policy may cost more because you let your coverage lapse. Not only will rates go up, failure to provide proof of insurance might get you a license revocation or jail time.
  • Better drivers pay less – Careful drivers tend to pay less for car insurance compared to drivers with tickets. Having just one chargable violation can increase the cost of insurance by as much as thirty percent. Drivers who have multiple tickets like hit and run, DWI or reckless driving convictions are required to prove financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
  • Cheaper to insure women? – Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. That doesn’t necessarily mean that females are better drivers. Men and women get in auto accidents at a similar rate, but the male of the species cause more damage. Not only are claims higher, but men get higher numbers of serious violations like DUI and reckless driving. Youthful male drivers tend to get in the most accidents and thus pay the highest rates.

Don’t assume everyone needs the same insurance coverage coverage

When buying proper insurance coverage for your personal vehicles, there isn’t really a cookie cutter policy. Coverage needs to be tailored to your specific needs.

For example, these questions can aid in determining if you may require specific advice.

  • Will my rates increase for filing one claim?
  • When should I buy a commercial auto policy?
  • What is high-risk coverage and where do I buy it?
  • What are the best liability limits?
  • Do all my vehicles need collision coverage?
  • How many claims can I have before being cancelled?
  • Are rental cars covered under my policy?
  • Does my car insurance cover rental cars?
  • Should I buy more coverage than the required minimum liability coverage?
  • Is my cargo covered for damage or theft?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to an insurance agent. To find lower rates from a local agent, take a second and complete this form. It is quick, free and can help protect your family.

Specific coverages for a 2006 Cadillac Escalade

Learning about specific coverages of your policy aids in choosing appropriate coverage and the correct deductibles and limits. Policy terminology can be ambiguous and nobody wants to actually read their policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage gives you protection when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family and damage to your Cadillac Escalade.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked.

Auto liability – This protects you from damages or injuries you inflict on other’s property or people by causing an accident. It protects you from claims by other people, and does not provide coverage for damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You might see limits 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 limit of $100,000 paid for damaged property.

Liability coverage pays for things such as attorney fees, repair costs for stationary objects, medical expenses and medical services. How much liability coverage do you need? That is up to you, but buy higher limits if possible.

Collision coverage – This coverage covers damage to your Escalade from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision insurance covers things such as crashing into a ditch, driving through your garage door, colliding with another moving vehicle, hitting a parking meter and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. You can also raise the deductible to bring the cost down.

Comprehensive auto coverage – Comprehensive insurance will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from a tornado or hurricane, hitting a bird, vandalism, falling objects and a tree branch falling on your vehicle. The maximum payout your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Medical payments and PIP coverage – Med pay and PIP coverage pay for immediate expenses for X-ray expenses, hospital visits, doctor visits, rehabilitation expenses and dental work. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Shop Smart and Save

Drivers who switch companies do it for any number of reasons including delays in responding to claim requests, policy cancellation, being labeled a high risk driver and questionable increases in premium. No matter why you want to switch, switching companies can be less work than you think.

As you quote insurance, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where someone sacrificed full coverage only to find out they didn’t purchase enough coverage. Your goal should be to buy enough coverage for the lowest price, but do not sacrifice coverage to save money.

You just learned a lot of information how to get a better price on 2006 Cadillac Escalade insurance. It’s most important to understand that the more providers you compare, the better your chances of lowering your rates. You may be surprised to find that the biggest savings come from a smaller regional carrier.

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