How Much Does 2000 Cadillac Escalade Insurance Cost?

Want better insurance coverage rates for your Cadillac Escalade? Buying affordable insurance coverage over the internet is intimidating for beginners to comparison shopping online. Since there are so many companies in the marketplace, how can consumers even start to compare the different rates to find the lowest price?

Insurance Prices Online

There are several ways of comparing rate quotes from local insurance companies. The easiest way to find the cheapest 2000 Cadillac Escalade insurance rates is to use the internet to compare rates. This can be done in several different ways.

  1. The single most time-saving way to get quotes is a comparison rater form (click to open form in new window). This form eliminates the need for separate quotes for each company. In just a few minutes this one form will get you rate comparisons instantly. This is by far the quickest method.
  2. A slightly less efficient method to find lower rates requires you to visit the website of each company to complete their respective quote request forms. For example, let’s say you want to compare rates from GEICO, State Farm and Farmers. To find out each rate you need to spend time on each company’s site and enter your policy data, which is why the first method is quicker.

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

Which method you use is up to you, but double check that you are using identical deductibles and coverage limits for every company. If you enter higher or lower deductibles then you won’t be able to truly determine the lowest rate. Just a small difference in insurance coverages may result in a large different in cost. Just remember that comparing a large number of companies will increase your chances of finding the best offered rates.

When should I talk to an agent?

When it comes to buying the best auto insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Your needs are not the same as everyone else’s.

These are some specific questions can aid in determining whether your personal situation could use an agent’s help.

  • What is high-risk coverage and where do I buy it?
  • What are the best liability limits?
  • Am I covered if I hit a deer?
  • Does having multiple vehicles earn me a discount?
  • Do I need replacement cost coverage?
  • Can I afford to pay high deductible claims out of pocket?
  • Is my teenager covered with friends in the car?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, take a second and complete this form.

Car insurance 101

Understanding the coverages of your policy can be of help when determining the right coverages for your vehicles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording.

Comprehensive coverage

Comprehensive insurance coverage covers damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like vandalism, hitting a deer, hitting a bird, a broken windshield and theft. The highest amount you can receive from a comprehensive claim is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision insurance

This pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things like damaging your car on a curb, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. You can also bump up the deductible in order to get cheaper collision rates.

Liability auto insurance

This coverage will cover damages or injuries you inflict on a person or their property by causing an accident. It protects YOU against other people’s claims, 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 injured, bodily injury for the entire accident and a property damage limit. You commonly see values of 25/50/25 that translate to a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and $25,000 of coverage for damaged propery.

Liability can pay for things such as loss of income, court costs, medical services and emergency aid. How much liability coverage do you need? That is a personal decision, but consider buying higher limits if possible.

Medical payments coverage and PIP

Med pay and PIP coverage reimburse you for bills like funeral costs, chiropractic care, surgery, ambulance fees and hospital visits. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. They cover not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include injuries to you and your family and also any damage incurred to your Cadillac Escalade.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.