How Much Does 2014 Cadillac CTS-V Coupe Insurance Cost?

Looking for lower auto insurance rates? Shoppers have lots of choices when shopping for the lowest priced Cadillac CTS-V Coupe insurance. They can either spend hours calling around to get rate comparisons or save time using the internet to get rate quotes. There is a better way to buy auto insurance and we’ll show you the proper way to compare rates for a Cadillac and locate the lowest price from local insurance agents and online providers.

If you have a current insurance policy or need new coverage, you can use this information to get lower rates and still get good coverage. The purpose of this article is to let you in on how to effectively get price quotes and some tricks to saving. Consumers just need to know the best way to compare price quotes online.

Shop car insurance online

Cutting your car insurance rates can be relatively painless. The only thing you need to do is spend a few minutes on the computer to compare free insurance quotes online from several insurance companies. Shoppers can get rates using one of these methods.

  1. Without a doubt, the easiest way to find low rates is to use a rate comparison form click to view form in new window. This easy form prevents you from having to do separate forms for every prospective company. One quote request will return quotes direct from many companies. Just one form and you’re done.
  2. Another way to shop for car insurance online requires visiting each company website and complete a new quote form. For example, let’s assume you want to compare Progressive, Allstate and American Family. In order to get each rate, you would have to spend time going to each site individually and enter your policy data, which can take a lot of time.

    To view a list of companies in your area, click here.

  3. The hardest way to price shop rates is going to each insurance agency near you. Comparing rates online eliminates the need for an insurance agent unless you prefer the professional assistance that can only be provided by a licensed insurance agent. Drivers can comparison shop online and still use a local agent.

The method you choose is up to you, but make absolute certain that you use equivalent coverages and limits with every price quote. If the quotes have higher or lower deductibles it’s not possible to decipher which rate is best.

Do you qualify for discounts?

Some insurance providers do not list their entire list of discounts very clearly, so we break down a few of the more common and the more hidden credits available to bring down your rates. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • Accident-Free Discounts – Drivers who stay claim-free can save substantially as opposed to insureds who have frequent claims or accidents.
  • Air Bag Discount – Options like air bags and/or automatic seat belt systems may qualify for discounts of up to 25% or more.
  • Senior Citizen Rates – Older drivers may qualify for a slight reduction on a insurance quote for CTS-V Coupe insurance.
  • Government Employees – Employees or retirees of the government could cut as much as 10% off for CTS-V Coupe insurance but check with your company.
  • Defensive Driver Discount – Taking part in a driver safety class can save you 5% or more if your company offers it.
  • Homeowners Discount – Simply owning a home can earn you a little savings because maintaining a house requires a higher level of personal finance.

We need to note that most discounts do not apply to the entire policy premium. Most only reduce the cost of specific coverages such as medical payments or collision. So even though you would think it’s possible to get free car insurance, that’s just not realistic. But all discounts will positively reduce the cost of coverage.

A list of insurance coverage companies and the discounts they provide can be found below.

  • GEICO has discounts for defensive driver, air bags, multi-policy, military active duty, and anti-theft.
  • Mercury Insurance may have discounts that include low natural disaster claims, age of vehicle, professional/association, ease of repair, annual mileage, and anti-theft.
  • Farmers Insurance policyholders can earn discounts including business and professional, teen driver, pay in full, homeowner, switch companies, and good student.
  • Auto-Owners Insurance offers discounts for safe vehicle, group or association, paperless, good student, company car, and student away at school.
  • Liberty Mutual discounts include hybrid vehicle, good student, teen driver discount, multi-car, new vehicle discount, multi-policy, and exclusive group savings.
  • SAFECO offers discounts including anti-theft, anti-lock brakes, safe driver, accident prevention training, bundle discounts, multi-car, and homeowner.
  • Progressive has savings for homeowner, online quote discount, online signing, multi-vehicle, multi-policy, good student, and continuous coverage.
  • USAA may include discounts for military installation, multi-policy, vehicle storage, new vehicle, multi-vehicle, safe driver, and good student.

Check with each company how you can save money. Some of the earlier mentioned discounts might not be offered on policies in your area. For a list of insurance companies that offer many of these discounts, click this link.

Don’t assume everyone needs the same car insurance coverage

When it comes to buying adequate coverage for your personal vehicles, there is no perfect coverage plan. Everyone’s situation is a little different.

For example, these questions may help you determine whether you will benefit from professional help.

  • Are all vehicle passengers covered by medical payments coverage?
  • Do I have coverage when using my vehicle for my home business?
  • Am I covered if I hit a deer?
  • What is the minimum liability in my state?
  • If I drive on a suspended license am I covered?
  • Am I covered if I crash into my own garage door?

If you’re not sure about those questions but a few of them apply, you may need to chat with an insurance agent. To find an agent in your area, complete this form. It is quick, free and can provide invaluable advice.

What determines Cadillac CTS-V Coupe insurance prices?

One of the most helpful ways to save on auto insurance is to to have a grasp of a few of the rating criteria that help calculate the rates you pay for auto insurance. If you know what determines premiums, this allows you to make good choices that could result in much lower annual insurance costs.

  • High claims frequency drives up prices – If you’re an insured who likes to file claims you can definitely plan on either a policy non-renewal or much higher rates. Auto insurance companies award the lowest premiums to policyholders who do not file claims often. Your car insurance is designed for claims that you cannot pay yourself.
  • Cheaper rates with high physical damage deductibles – Protection for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, insures against damage to your Cadillac. Examples of covered claims would be collision with another vehicle, hail damage, or theft. The deductibles you choose are the amount of money the insured will be required to pay if the claim is covered. The more expense you choose to pay out-of-pocket, the lower your rates will be for CTS-V Coupe insurance.
  • If you don’t need it don’t buy it – There are quite a few add-on coverages that you can get tricked into buying if you aren’t careful. Insurance for roadside assistance, towing coverage, and term life insurance may be costing you every month. You may think they are a good idea initially, but if you have no use for them eliminate them to save money.
  • How do annual miles impact rates? – Driving more miles in a year’s time the higher your rate. A lot of companies price each vehicle’s coverage based upon how you use the vehicle. Cars that sit idle most of the time qualify for better rates than those used for commuting. A policy that improperly rates your CTS-V Coupe may be costing you higher rates. It’s a smart idea to ensure your policy is rated on annual mileage.
  • Rates may be lower depending on your vocation – Occupational choices like doctorspolice officers and miners tend to have higher rates than average due to intense work requirements and lots of time spent away from family. Other jobs such as scientists, students and homemakers get better rates for CTS-V Coupe insurance.

Auto insurance policy specifics

Knowing the specifics of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Policy terminology can be confusing and coverage can change by endorsement.

Collision coverage

This will pay to fix damage to your CTS-V Coupe resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as hitting a mailbox, colliding with another moving vehicle and sideswiping another vehicle. Collision is rather expensive coverage, so consider dropping it from older vehicles. You can also increase the deductible to save money on collision insurance.

Uninsured or underinsured coverage

This provides protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your Cadillac CTS-V Coupe.

Due to the fact that many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Liability auto insurance

Liability coverage can cover injuries or damage you cause to other people or property in an accident. It protects you from claims by other people, and does not provide coverage for your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show values of 100/300/100 which stand for $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery.

Liability coverage pays for things such as repair bills for other people’s vehicles, repair costs for stationary objects, structural damage, emergency aid and medical services. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Medical expense coverage

Coverage for medical payments and/or PIP kick in for expenses like doctor visits, EMT expenses and prosthetic devices. 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 getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible

Comprehensive protection

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

Comprehensive can pay for claims such as a broken windshield, damage from getting keyed, vandalism, rock chips in glass and falling objects. The most you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

More quotes mean more savings

People who switch companies do it for a number of reasons such as being labeled a high risk driver, extreme rates for teen drivers, not issuing a premium refund or policy non-renewal. No matter why you want to switch, finding a great new company is not as difficult as it may seem.

Some companies do not offer the ability to get quotes online and these regional carriers only sell through independent insurance agents. Affordable 2014 Cadillac CTS-V Coupe insurance can be purchased online in addition to local insurance agencies, and you should compare price quotes from both in order to have the best chance of saving money.

We just presented many ways to shop for 2014 Cadillac CTS-V Coupe insurance online. The most important thing to understand is the more you quote insurance, the higher your chance of finding cheap insurance. You may even discover the lowest car insurance rates come from some of the lesser-known companies.

Helpful resources