How Much Does 2003 Cadillac Escalade EXT Insurance Cost?

Looking for cheaper insurance coverage rates for your Cadillac Escalade EXT? No one cherishes buying insurance coverage, especially knowing the price is too high. Insurance companies such as Geico, Progressive and Allstate promote their brand names with fancy advertisements and it is difficult to ignore the flying pigs and cute green geckos and do the work needed to find the best deal.

You should make it a habit to compare rates periodically since insurance rates change frequently. Just because you found the lowest rates for Escalade EXT insurance a couple years back you may be paying too much now. So forget all the misinformation about insurance coverage because it’s time to teach you the proper way to properly buy coverages and cut your premium.

If you have a current insurance coverage policy or are shopping for new coverage, you can use these techniques to reduce the price you pay and possibly find even better coverage. Finding the best rates is not that difficult. Vehicle owners only need to know the most efficient way to shop for insurance coverage online.

Why your Cadillac Escalade EXT insurance rates may be high

An important part of buying insurance is that you know the rating factors that play a part in calculating your car insurance rates. When you know what positively or negatively determines base rates helps enable you to make changes that can help you get much lower annual insurance costs.

  • Special features that cut premiums – Choosing a vehicle with an alarm system can save you a little every year. Anti-theft features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart your car from being stolen.
  • Don’t sacrifice liability coverage – Your policy’s liability coverage provides coverage in the event that you are found liable for damages caused by your negligence. Liability provides legal defense starting from day one. Liability is cheap as compared to coverage for physical damage, so do not skimp.
  • Do you know your deductibles? – The deductibles represent how much money you are willing to pay out-of-pocket if you file a covered claim. Coverage for physical damage, also known as collision and other-than-collision, protects your car from damage. Some examples of claims that would be covered are colliding with a building, damage from fire, and windstorm damage. The higher the amount the insured has to pay upfront, the lower your rates will be for Escalade EXT insurance.
  • Allowing your policy to lapse raises rates – Not having insurance can get your license suspended and you will pay a penalty because you let your insurance lapse. And not only will your rates increase, getting caught without coverage will get you a license revocation or jail time.You may need to prove you have insurance by filing a SR-22 with your state department of motor vehicles.
  • Do you work long hours in a high stress job? – Did you know that where you work can have an impact on rates? Occupations such as real estate brokers, business owners and stock brokers are shown to have the highest rates due to job stress and lengthy work days. On the other hand, occupations like pilots, students and homemakers pay the least for Escalade EXT insurance.
  • Poor credit can mean higher rates – Your credit history is a huge factor in your rate calculation. Therefore, if your credit rating is not that good, you could pay less to insure your 2003 Cadillac Escalade EXT by spending a little time repairing your credit. Drivers who have high credit ratings tend to be better drivers and file fewer claims as compared to drivers with lower credit scores.
  • Policy add-ons can waste money – There are a ton of add-on coverages you can purchase on your Escalade EXT policy. Insurance for vanishing deductibles, better glass coverage and motor club memberships are examples of these. These may sound like a good investment when talking to your agent, but if you don’t need them eliminate the coverages to reduce your premium.

Insurance Prices Online

Shopping for lower insurance rates can take time and effort if you aren’t aware of the most efficient way to do it. You could waste time driving to agents in your area, or you can utilize the web to achieve your goal.

Many popular insurance companies belong to a marketplace where insurance shoppers send in one quote, and every company provides a quote. This system prevents you from having to do repetitive form submissions to each company.

To participate in this free quote system, click here to start a free quote.

The only drawback to using this type of system is you don’t know exactly the companies you want to price. If you wish to select from a list of companies to compare rates, we have assembled a list of insurance companies in your area. Click to view list.

It’s up to you which method you use, but ensure you are comparing apples-to-apples coverage information with every price quote. If you are comparing different values for each quote then you won’t be able to make a fair comparison for your Cadillac Escalade EXT.

How much can you save with discounts?

Auto insurance companies don’t always advertise every discount very clearly, so we researched both the well known and the harder-to-find discounts you could be receiving. If you’re not getting every credit you qualify for, you are paying more than you should be.

  • Discount for Life Insurance – Some companies give a break if you buy auto and life insurance together.
  • Drivers Education – Make teen driver coverage more affordable by requiring them to take driver’s ed class if offered at their school.
  • Low Mileage Discounts – Driving fewer miles could be rewarded with better rates on cars that stay parked.
  • Early Signing – Some companies give discounts for switching to them before your current expiration date. This can save 10% or more.
  • Passive Restraint Discount – Cars that have air bags or motorized seat belts may earn rate discounts of 20% or more.
  • Safe Drivers – Drivers who avoid accidents can pay as much as 50% less for Escalade EXT insurance than drivers with accident claims.
  • Discount for Good Grades – This discount can be rewarded with saving of up to 25%. This discount can apply well after school through age 25.
  • Anti-theft Discount – Anti-theft and alarm systems prevent vehicle theft and will save you 10% or more.

Keep in mind that most discounts do not apply to your bottom line cost. Most only apply to the cost of specific coverages such as comprehensive or collision. So even though it sounds like all the discounts add up to a free policy, auto insurance companies aren’t that generous.

For a list of providers with the best auto insurance discounts, click this link.

How much car insurance do I need?

When buying the best insurance coverage coverage for your vehicles, there is no “best” method to buy coverage. Every insured’s situation is different so your insurance needs to address that. These are some specific questions might help in determining if your insurance needs might need an agent’s assistance.

  • Is business equipment covered while in my vehicle?
  • Where can I get insurance after a DUI in my state?
  • Am I covered when driving a rental car?
  • Is extra glass coverage worth it?
  • What is roadside assistance coverage?
  • Does my 2003 Cadillac Escalade EXT qualify for pleasure use?
  • What is the rate difference between pleasure use and commuting?

If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed insurance agent. To find an agent in your area, complete this form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Parts of your car insurance policy

Learning about specific coverages of a car insurance policy can help you determine the best coverages and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. Shown next are the usual coverages found on the average car insurance policy.

Medical costs insurance

Med pay and PIP coverage kick in for bills for rehabilitation expenses, ambulance fees, surgery, X-ray expenses and prosthetic devices. The coverages can be used in conjunction with a health insurance program or if there is no health insurance coverage. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. PIP coverage is only offered in select states but can be used in place of medical payments coverage

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage from a wide range of events other than collision. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage protects against claims like hitting a bird, a tree branch falling on your vehicle, rock chips in glass, damage from flooding and vandalism. The most a car insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Liability insurance

Liability coverage can cover damages or injuries you inflict on other people or property in an accident. This insurance protects YOU against claims from other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.

Liability insurance covers things such as legal defense fees, attorney fees, repair bills for other people’s vehicles and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as much as you can afford.

Collision insurance

Collision coverage pays for damage to your Escalade EXT caused by collision with another car or object. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as rolling your car, hitting a mailbox, backing into a parked car, colliding with a tree and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to get cheaper collision coverage.

UM/UIM Coverage

This protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants and also any damage incurred to your Cadillac Escalade EXT.

Because many people only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Be a penny pincher

As you prepare to switch companies, it’s a bad idea to sacrifice coverage to reduce premiums. There are a lot of situations where an insured cut liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your focus should be to get the best coverage possible for the lowest price while not skimping on critical coverages.

Discount 2003 Cadillac Escalade EXT insurance is definitely available both online and also from your neighborhood agents, and you should compare price quotes from both so you have a total pricing picture. A few companies may not provide online quoting and many times these small insurance companies only sell through independent insurance agents.

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