2016 Cadillac Escalade Insurance Quotes

Looking for better car insurance rates for your Cadillac Escalade? Paying for pricey Cadillac Escalade insurance can eat up your budget and possibly require postponing other expenditures. Doing a price comparison can help to cut your insurance bill.

There is such a variety of auto insurance companies to choose from, and although it’s nice to be able to choose, it can be more challenging to compare rates.

It is always a good idea to compare prices periodically because prices are rarely the same from one policy term to another. Even if you think you had the best rate on Escalade insurance at your last renewal you may be paying too much now. Forget all the misinformation about car insurance because you’re going to get a crash course in one of the quickest ways to remove unneeded coverages and save money.

Buying car insurance is quite easy. If you currently have a car insurance policy, you stand a good chance to be able to reduce your rates substantially using this information. Consumers just need to understand the proper methods to compare prices on the web.

Low cost insurance coverage prices

Reducing your 2016 Cadillac Escalade insurance rates is an easy way to save money. You just need to invest a little time comparing rates to discover which company has the cheapest insurance quotes. Comparing prices online can be done in several different ways.

The most efficient way to find the lowest comparison rates is a comparison rater form (click to open form in new window). This easy form eliminates the need for repetitive form entry for every company. A single form gets rate comparisons instantly.

A different way to compare rate quotes consists of going to the website for each individual company to request a price quote. For sake of this example, let’s assume you want to compare rates from USAA, Safeco and Travelers. To get each rate you have to spend time going to each site individually to input your insurance information, which is not fast way to get rate quotes.

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

However you get your quotes, make sure you are using the exact same coverage data on every quote you get. If the quotes have different deductibles you will not be able to determine the lowest rate for your Cadillac Escalade.

Pay discount rates these discounts

Companies don’t list the complete list of policy discounts in a way that’s easy to find, so below is a list a few of the more common and also the lesser-known discounts that you can inquire about if you buy insurance online.

  • Waiver for an Accident – Not really a discount, but a handful of insurance companies will forgive one accident before your rates go up if you are claim-free prior to being involved in the accident.
  • Professional Organizations – Being a member of a qualifying organization is a simple method to lower premiums when shopping for car insurance.
  • Buy New and Save – Insuring a new car can save you some money since newer models have better safety ratings.
  • Government Employee Discount – Having worked for a branch of the government could qualify for a slight premium decrease on Escalade insurance but check with your company.
  • Safety Restraint Discount – Drivers who require all occupants to use a seat belt can save up to 10 percent (depending on the company) off the personal injury premium cost.
  • Discount for Life Insurance – Insurance carriers who offer life insurance give a discounted car insurance rate on car insurance if you buy some life insurance too.
  • Sign Online – Some of the larger companies may give you up to $50 for buying a policy and signing up on the web.

We need to note that many deductions do not apply to the entire cost. The majority will only reduce individual premiums such as comp or med pay. So despite the fact that it appears it’s possible to get free car insurance, you’re out of luck.

For a list of providers that offer some of these discounts, follow this link.

Special considerations

When it comes to buying adequate coverage for your vehicles, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so this has to be addressed. These are some specific questions can aid in determining if your insurance needs may require specific advice.

  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Where can I get insurance after a DUI in my state?
  • Why do I only qualify for high-risk insurance?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Do I need rental car coverage?
  • How do I insure my teen driver?
  • Is my teenager covered with friends in the car?
  • Is my cargo covered for damage or theft?
  • Do I pay less for low miles?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to an agent. If you want to speak to an agent in your area, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and can provide invaluable advice.

Why you might pay lower rates

Many factors are part of the equation when you get a price on insurance. Most are fairly basic like a motor vehicle report, but others are less obvious such as your marital status or your financial responsibility.

  • Safety first – Vehicles with good safety scores are cheaper to insure. These vehicles result in less severe injuries and lower injury rates translates directly to fewer claims and thus lower rates.
  • Get better rates if you’re married – Having a wife or husband may cut your premiums compared to being single. Having a significant other translates into being more responsible and it’s proven that drivers who are married are more cautious.
  • Know your credit rating – An insured’s credit score will be a significant factor in determining what you pay for insurance coverage. Consumers who have high credit scores tend to file fewer claims and have better driving records than those with lower ratings. So if your credit history can use some improvement, you may save money insuring your 2016 Cadillac Escalade if you improve your credit rating.
  • Policy add-ons add up – There are many add-on coverages that sound like a good idea at the time if you aren’t careful. Coverage for things like rental car coverage, towing, and membership fees are some examples. These may sound like a good investment when discussing your needs, but if you don’t need them get rid of them and save.
  • Poor driving leads to higher rates – Good drivers get better prices than bad drivers. Just one citation can increase rates by as much as twenty percent. Drivers who have gotten careless violations such as DUI, reckless driving or excessive speeding are required to file a SR-22 with their state motor vehicle department in order to keep their license.
  • Your career may increase rates – Careers like real estate brokers, executives and medical professionals generally pay the highest average rates due to job stress and extremely grueling work hours. Other jobs like farmers, students and retirees pay lower than average rates on Escalade insurance.
  • When should you file a claims? – Companies provide most affordable rates to drivers who do not rely on their insurance for small claims. If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for the large, substantial claims.
  • Proper usage rating affects costs – The more you drive each year the higher your rate. Many insurance companies apply a rate based on their usage. Cars and trucks that do not get driven very much can be on a lower rate level than vehicles that are driven to work every day. Verify your vehicle rating reflects how each vehicle is driven, because improper ratings can cost you money. An improperly rated Escalade can result in significantly higher rates.

Do auto insurance companies bend the truth?

Consumers get pounded daily by advertisements that promise big savings for switching from companies such as GEICO, State Farm and Progressive. They all seem to make an identical promise that people will save just by switching your auto insurance policy to them.

It sounds good, but how can they all offer drivers better rates? It’s all in the words they use.

Different companies have specific characteristics for a prospective insured that will generate a profit. For instance, a driver they prefer might be between the ages of 40 and 55, has never had a claim, and drives a safe vehicle. A propective insured who meets those qualifications will get the preferred premium rates and most likely will save when they switch companies.

Insureds who don’t meet these stringent criteria may be required to pay more expensive rates which results in the customer buying from someone else. The trick companies use is to say “drivers who switch” but not “all drivers who get quotes” save that much. This is how insurance companies can confidently make claims that they all have the best prices. This really illustrates why drivers must compare rate quotes every year. It’s impossible to know which auto insurance company will have the best premium rates.

Car insurance 101

Knowing the specifics of a car insurance policy can help you determine the right coverages and the correct deductibles and limits. Car insurance terms can be impossible to understand and coverage can change by endorsement. These are the usual coverages found on the average car insurance policy.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as theft, damage from getting keyed, damage from flooding, damage from a tornado or hurricane and vandalism. The maximum amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Collision protection

This coverage covers damage to your Escalade resulting from colliding with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like hitting a parking meter, backing into a parked car, damaging your car on a curb, scraping a guard rail and rolling your car. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to raise the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage

Medical payments and Personal Injury Protection insurance pay for bills such as doctor visits, dental work, surgery, rehabilitation expenses and hospital visits. They can be utilized in addition to your health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to any family member struck as a pedestrian. Personal Injury Protection is not an option in every state but can be used in place of medical payments coverage

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage is a good idea.

Liability insurance

This coverage will cover injuries or damage you cause to other people or property in an accident. This insurance protects YOU from claims by other people, and does not provide coverage for 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 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims like pain and suffering, funeral expenses, structural damage and court costs. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

A fool and his money are soon parted

Some insurance providers don’t offer the ability to get a quote online and most of the time these smaller providers sell through local independent agencies. Cheaper insurance can be bought both online in addition to local insurance agencies, and you need to comparison shop both in order to have the best chance of saving money.

You just learned many tips how you can save on 2016 Cadillac Escalade insurance. The key thing to remember is the more rate comparisons you have, the better your chances of lowering your prices. Consumers could even find that the best premium rates are with some of the lesser-known companies. Some small companies can often insure niche markets at a lower cost than the large multi-state companies such as State Farm and Allstate.

As you shop your coverage around, it’s not a good idea to skimp on coverage in order to save money. There are too many instances where someone dropped uninsured motorist or liability limits to discover at claim time that it was a big mistake. Your goal should be to buy enough coverage at the best cost while not skimping on critical coverages.

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