Cheap 2012 Cadillac Escalade EXT Insurance Rates

Do you think you bought overpriced car insurance? Believe me, many drivers have buyer’s remorse. Because there are so many insurance providers from which to choose, it is hard for the average consumer to pick the most affordable insurance company.

It’s important to shop coverage around once or twice a year since insurance prices change frequently. Despite the fact that you may have had the best deal for Escalade EXT insurance last year other companies may now be cheaper. Ignore everything you know about car insurance because you’re about to learn one of the quickest ways to properly buy coverages while reducing your premium.

Cheaper rates with these insurance coverage discounts

Insurance can be prohibitively expensive, but there could be significant discounts that many consumers don’t even know exist. Some discounts will apply when you purchase, but some discounts are required to be specially asked for prior to receiving the credit. If you are not receiving all the discounts you qualify for, you may be paying too high a price.

  • Good Student – A discount for being a good student may save as much as 25% on a insurance quote. Most companies allow this discount until age 25.
  • Telematics Data – Insureds who allow their company to analyze driving habits by using a telematics device like Allstate’s Drivewise could save a few bucks as long as the data is positive.
  • Full Payment Discount – If you pay your entire premium ahead of time rather than paying in monthly installments you may have a lower total premium amount.
  • New Car Discount – Putting insurance on a new car can save you some money since new vehicles have better safety ratings.
  • Own a Home and Save – Just being a homeowner can get you a discount because it is proof of financial responsibility.
  • Senior Discount – Drivers that qualify as senior citizens are able to get better insurance coverage rates for Escalade EXT insurance.

One thing to note about discounts is that many deductions do not apply to your bottom line cost. Some only reduce specific coverage prices like comp or med pay. So even though it sounds like you could get a free insurance coverage policy, insurance companies wouldn’t stay in business. But all discounts will help lower your policy premiums.

A few popular companies and a selection of discounts are detailed below.

  • The Hartford discounts include defensive driver, air bag, good student, bundle, vehicle fuel type, anti-theft, and driver training.
  • American Family includes discounts for good student, accident-free, good driver, early bird, and TimeAway discount.
  • Progressive policyholders can earn discounts including good student, continuous coverage, multi-policy, online quote discount, and homeowner.
  • Travelers offers premium reductions for hybrid/electric vehicle, home ownership, student away at school, IntelliDrive, new car, and good student.
  • Farmers Insurance has discounts for multi-car, mature driver, early shopping, bundle discounts, and pay in full.
  • USAA may offer discounts for multi-policy, driver training, multi-vehicle, annual mileage, and loyalty savings.
  • Liberty Mutual has savings for newly retired, new graduate, exclusive group savings, good student, and new vehicle discount.

If you are trying to find low cost insurance quotes, ask every prospective company the best way to save money. Discounts may not apply to policyholders in your area.

Good decisions result in lower insurance rates

Many things are part of the equation when pricing auto insurance. Some factors are common sense like a motor vehicle report, but other criteria are more transparent such as whether you are married or how safe your car is.

  • Do you know your deductibles? – Comprehensive and collision coverage deductibles state the amount of money you are willing to pay if you file a covered claim. Physical damage coverage, also called comprehensive and collision insurance, covers damage that occurs to your car. Examples of some claims that would be covered are colliding with a stationary object, collision with a deer, and damage caused by road hazards. The more damage repair cost you pay before a claim is paid (deductible), the bigger discount you will receive for Escalade EXT insurance.
  • Auto insurance rates and age – More mature drivers are more cautious drivers, cost insurance companies less in claims and get fewer tickets.Beginning drivers are statistically proven to be careless and easily distracted when driving with friends therefore auto insurance rates are much higher.
  • Minor frequent auto insurance claims are not good – If you are a frequent claim filer, you shouldn’t be surprised to get either a policy non-renewal or much higher rates. Auto insurance companies generally give discounts to insureds who do not rely on their insurance for small claims. Your car insurance is designed for claims that you cannot pay yourself.
  • Put fewer miles on your vehicle – Driving a lot of miles each year the more you’ll pay to insure it. A lot of insurance companies rate vehicles based on how the vehicle is used. Cars and trucks that are left in the garage can be on a lower rate level as compared to vehicles used primarily for driving to work. Having the wrong rating on your Escalade EXT may be costing you. Verify your declarations sheet is rated on the proper vehicle usage.
  • Drivers with good credit save on auto insurance – Having a bad credit history is a large factor in calculating your premium rate. Therefore, if your credit score is not that good, you may save money insuring your 2012 Cadillac Escalade EXT by improving your rating. Drivers who have excellent credit scores tend to be better risks to insure than those with worse credit.
  • Liability risk factors in – Your auto insurance policy’s liability coverage will protect you in the event that a court rules you are at fault for damages from an accident. Your policy’s liability insurance provides legal defense which can be incredibly expensive. It is affordable coverage when compared with rates for comp and collision, so drivers should buy more than the minimum limits required by law.
  • Big cities mean more claims – Having an address in a rural area can save you money when shopping for auto insurance. Less people corresponds to lower accident rates and lower theft and vandalism rates. Urban drivers have to deal with congested traffic and longer commutes to work. More time behind the wheel means a statistically higher chance of an accident.

Insurance can get complicated

When buying the right insurance coverage, there isn’t really a perfect coverage plan. Everyone’s needs are different so this has to be addressed. For instance, these questions may help highlight if your insurance needs might need professional guidance.

  • Why am I be forced to buy a membership to get insurance from some companies?
  • Should I buy only the required minimum liability coverage?
  • Am I covered when pulling a rental trailer?
  • Am I covered when driving a rental car?
  • Where can I find high-risk insurance?
  • What is roadside assistance coverage?
  • Do I need special endorsements for business use of my vehicle?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an insurance agent. To find lower rates from a local agent, complete this form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Learn about insurance coverages for a Cadillac Escalade EXT

Having a good grasp of your policy can be of help when determining the best coverages and proper limits and deductibles. The terms used in a policy can be ambiguous and nobody wants to actually read their policy. These are typical coverage types found on most insurance policies.

Auto liability insurance

This coverage provides protection from damage or injury you incur to other’s property or people. It protects you from claims by other people. Liability doesn’t cover damage to your own property or vehicle.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 100/300/100 which stand for a $100,000 limit per person for injuries, a per accident bodily injury limit of $300,000, and a limit of $100,000 paid for damaged property.

Liability can pay for claims like funeral expenses, emergency aid, bail bonds, medical services and medical expenses. How much coverage you buy is up to you, but it’s cheap coverage so purchase higher limits if possible.

Comprehensive coverages

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things such as fire damage, falling objects, hitting a bird, hitting a deer and a broken windshield. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Collision protection

This pays for damage to your Escalade EXT resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things such as crashing into a ditch, hitting a parking meter and damaging your car on a curb. Collision coverage makes up a good portion of your premium, so you might think about dropping it from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other motorists when they do not carry enough liability coverage. Covered claims include injuries to you and your family as well as damage to your 2012 Cadillac Escalade EXT.

Since many drivers carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important.

Coverage for medical payments

Coverage for medical payments and/or PIP kick in for immediate expenses for things like pain medications, EMT expenses, prosthetic devices, funeral costs and rehabilitation expenses. They are used in conjunction with a health insurance plan or if you lack health insurance entirely. Coverage applies to all vehicle occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Be a smart shopper

When shopping online for insurance, do not skimp on coverage in order to save money. There have been many situations where someone dropped collision coverage and found out when filing a claim that the savings was not a smart move. Your aim should be to find the BEST coverage at the best cost and still be able to protect your assets.

In this article, we presented many ideas to lower your 2012 Cadillac Escalade EXT insurance car insurance rates. It’s most important to understand that the more providers you compare, the more likely it is that you will get a better rate. You may even discover the best price on insurance is with some of the lesser-known companies. These smaller insurers may cover specific market segments cheaper compared to the large companies like Allstate or State Farm.

Much more information about insurance is located at the links below