2013 Cadillac Escalade Insurance Rates

No one in their right mind looks forward to paying premiums for car insurance, especially when they know they could lower their rates if they shopped around.

There is such a variety of car insurance companies to choose from, and although it’s a good thing to be able to choose, it makes it harder to adequately compare rates.

More affordable rates by taking advantage of discounts

Companies don’t always advertise every possible discount in a way that’s easy to find, so below is a list both well-publicized in addition to some of the lesser obvious credits available to you.

  • Active Military Service – Having a family member in the military could be rewarded with lower premium rates.
  • Professional Organizations – Belonging to a professional or civic organization can get you a small discount on your next renewal.
  • Switch and Save Discount – Some larger companies give discounts for buying a policy prior to the expiration date on your current policy. This can save 10% or more.
  • Claim Free – Good drivers with no accidents can earn big discounts in comparison with accident-prone drivers.
  • Own a Home – Being a homeowner can get you a discount due to the fact that maintaining a home demonstrates responsibility.
  • Discount for Low Mileage – Low annual miles can qualify you for lower prices on the low mileage vehicles.
  • Telematics Data – Insureds that choose to allow their car insurance company to monitor driving manner by using a telematics device in their vehicle such as Snapshot from Progressive or Drivewise from Allstate could possibly reduce rates if they are good drivers.
  • Multiple Policy Discount – When you have multiple policies and insure them with the same company you may save approximately 10% to 15%.
  • Distant Student Discount – Children who are attending college and won’t have access to an insured vehicle can be insured at a reduced rate.

As is typical with insurance, most of the big mark downs will not be given the the whole policy. Most only apply to the price of certain insurance coverages like collision or personal injury protection. Despite the fact that it seems like you could get a free car insurance policy, nobody gets a free ride.

To locate providers who offer free car insurance quotes, click this link.

How you can control Cadillac Escalade insurance prices

The best way to find cheaper insurance coverage is to take a look at the rating factors that help calculate your policy premiums. If you know what controls the rates you pay, this allows you to make educated decisions that could help you find lower insurance coverage prices. Many factors are part of the calculation when you get a price on insurance. Most are fairly basic such as traffic violations, although some other factors are less apparent such as your marital status or how financially stable you are.

  • Frequent insurance claims will cost more – Insurance companies provide the lowest premiums to people who do not file claims often. If you tend to file frequent claims, you can pretty much guarantee much higher rates or policy non-renewal. Auto insurance is designed for claims that pose a financial burden.
  • Liability coverage is critical – Your policy’s liability coverage kicks in if ever you are ruled to be at fault for personal injury or accident damage. Your policy’s liability insurance provides legal defense coverage which can cost a lot. Liability insurance is pretty cheap compared to physical damage coverage, so do not cut corners here.
  • Safer cars save money – Safer cars get lower rates. Highly rated vehicles result in less severe injuries and lower rates of occupant injuries means less money paid by your insurance company which can mean better rates for you. If your Cadillac Escalade is rated at least four stars on Safercar.gov or an “acceptable” rating on iihs.org you may be receiving a better rate.
  • Don’t let your policy lapse – Having a lapse in insurance coverage can be a quick way to pay more for insurance coverage. Not only will you pay more, not being able to provide proof of insurance could earn you fines or a revoked license.

How much car insurance do I need?

When choosing adequate coverage, there really is not a best way to insure your cars. Everyone’s situation is unique so your insurance should reflect that Here are some questions about coverages that might help in determining whether your personal situation might need an agent’s assistance.

  • When would I need rental car insurance?
  • When does my teenage driver need to be added to my policy?
  • Does my policy cover my teen driver if they drive my company car?
  • Is my cargo covered for damage or theft?
  • Why do I only qualify for high-risk insurance?
  • Does my insurance cover my expensive audio equipment?
  • What exactly is covered by my policy?
  • Do I need to file an SR-22 for a DUI in my state?

If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area.

Auto insurance 101

Understanding the coverages of a insurance policy can help you determine the right coverages for your vehicles. Insurance terms can be ambiguous and nobody wants to actually read their policy. Listed below are typical coverage types found on the average insurance policy.

Liability insurance

This coverage will cover injuries or damage you cause to other people or property by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 that means you have $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for claims such as repair bills for other people’s vehicles, court costs, attorney fees, medical expenses and loss of income. How much liability should you purchase? That is your choice, but buy higher limits if possible.

Auto collision coverage

Collision insurance pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like hitting a parking meter, sideswiping another vehicle, scraping a guard rail, crashing into a ditch and damaging your car on a curb. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance reimburse you for short-term medical expenses like hospital visits, rehabilitation expenses and nursing services. The coverages can be used to fill the gap from your health insurance plan or if there is no health insurance coverage. Coverage applies to all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is not universally available but it provides additional coverages not offered by medical payments coverage

Uninsured/Underinsured Motorist coverage

This coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and also any damage incurred to your Cadillac Escalade.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive coverage

This coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things like damage from a tornado or hurricane, hail damage and hitting a bird. The most your insurance company will pay is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Quote more. Save more.

You just learned many ways to compare 2013 Cadillac Escalade insurance premium rates online. The key concept to understand is the more quotes you get, the better chance you’ll have of finding inexpensive car insurance. You may even find the best premium rates are with a smaller regional carrier. Some small companies may often insure only within specific states and give getter rates than their larger competitors like Allstate or State Farm.

When trying to cut insurance costs, it’s very important that you do not skimp on coverage in order to save money. In many cases, drivers have reduced comprehensive coverage or liability limits only to find out that the savings was not a smart move. Your aim should be to buy the best coverage you can find at the best possible price and still be able to protect your assets.

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