2010 Cadillac Escalade Insurance Rates

Searching for better car insurance rates for your Cadillac Escalade? Having to pay for overpriced Cadillac Escalade insurance can empty your checking account and force you to prioritize other expenses. Doing a price comparison is a great way to lower your monthly bill. Lots of insurance companies contend to insure your vehicles, and it can be difficult to compare rates and uncover the absolute lowest rate

Insurance Comparison Rates

Finding cheaper 2010 Cadillac Escalade insurance prices can be surprisingly simple. All you need to do is take the time getting comparison quotes provided by online insurance companies. This can be done in a couple of different ways.

  1. The recommended way consumers can analyze rates is a comparison rater form (click to open form in new window). This method keeps you from doing repetitive form entry for each company. In just a few minutes this one form will return price quotes from multiple low-cost companies.
  2. A more time consuming way to analyze rates consists of going to the website of each company to complete their respective quote request forms. For example, we’ll pretend you want rates from Allstate, Safeco and Travelers. To get rate quotes you would need to go to every website to input your insurance information, which is why the first method is quicker.

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

  3. The most time-consuming way to get comparison rates is to drive around to different agent offices. The ability to buy insurance online eliminates the need for an insurance agent unless you have a need for the trained guidance of a licensed agent. Drivers can price shop your coverage online and still use a local agent. We’ll cover that shortly.

It’s up to you which method you use, but be sure to compare identical quote information with every price quote. If you use higher or lower deductibles it will be very difficult to make a fair comparison for your Cadillac Escalade.

Do you qualify for a discount?

Companies offering auto insurance do not list every available discount very clearly, so here is a list both the well known and also the lesser-known discounts you could be receiving. If you’re not getting every credit you qualify for, you’re paying more than you need to.

  • Homeowners Pay Less – Being a homeowner can help you save on auto insurance because of the fact that having a home shows financial diligence.
  • Early Switch Discount – Some companies give discounts for switching policies before your current expiration date. It’s a savings of about 10%.
  • Driver Safety – Successfully completing a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Payment Discounts – If you pay your entire premium ahead of time rather than paying monthly you may reduce your total bill.
  • Federal Government Employee – Simply working for the federal government can earn a discount up to 10% on Escalade coverage depending on your company.

It’s important to understand that most of the big mark downs will not be given to the entire cost. Most cut the cost of specific coverages such as medical payments or collision. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way.

To see a list of companies who offer auto insurance discounts, click here.

Cadillac Escalade rate determination is complex

An important part of buying insurance is that you know some of the elements that play a part in calculating insurance coverage rates. Having a good understanding of what influences your rates enables informed choices that can help you get better insurance coverage rates.

  • Your location is important – Choosing to live in less populated areas has it’s advantages when it comes to insurance coverage. Lower population means fewer accidents and also fewer theft and vandalism claims. Drivers in populated areas have to deal with congested traffic and a longer drive to work. More time on the road translates into higher accident risk.
  • Equipment add-ons that lower insurance coverage rates – Purchasing a vehicle that has an advanced theft prevention system can save you a little every year. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system all aid in stopping auto theft.
  • With age comes lower rates – Young drivers are statistically proven to get distracted easily behind the wheel so insurance coverage rates are higher. If you’ve ever had to add a teen driver to your policy can be quite pricey. Older drivers are more responsible, file fewer claims and get fewer tickets.
  • More claims means more premium – If you frequently file small claims, you can expect either policy cancellation or increased premiums. Car insurance companies provide lower rates to policyholders who do not rely on their insurance for small claims. Your insurance policy is meant to be used in the event of the bigger claims that can’t be paid out-of-pocket.
  • Choose a safe vehicle and save – Cars with high safety ratings are cheaper to insure. Safe vehicles have better occupant injury protection and lower injury rates translates into savings for insurance companies and more competitive rates for policyholders. If your Cadillac Escalade has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
  • Sex matters – Statistics demonstrate women are more cautious behind the wheel. Now that doesn’t mean women are better drivers. Men and women are in accidents at a similar rate, but men tend to have more serious accidents. Men also get cited for more serious violations such as reckless driving.
  • Traffic violations increase rates – A bad driving record has a big impact on rates. Good drivers tend to pay less for car insurance than bad drivers. Even a single moving violation can increase rates forty percent or more. If you have serious violations such as DWI, reckless driving or hit and run convictions may find they need to file a SR-22 with their state motor vehicle department in order to continue driving.
  • Do you have enough liability coverage? – Liability insurance is the protection in the event that a court rules you are at fault for causing damage or personal injury in an accident. It will provide legal defense up to the limits shown on your policy. Liability is cheap compared to physical damage coverage, so buy as much as you can afford.

What coverages do I need?

When choosing coverage for your personal vehicles, there really is no perfect coverage plan. Every insured’s situation is different and your policy should reflect that. For example, these questions can help discover whether your personal situation would benefit from an agent’s advice.

  • How do I buy GAP insurance?
  • Does coverage extend to a rental car in a foreign country?
  • When can my company non-renew my policy?
  • Does my policy cover me when driving someone else’s vehicle?
  • Does coverage extend to Mexico or Canada?
  • Does my 2010 Cadillac Escalade qualify for pleasure use?
  • Are all vehicle passengers covered by medical payments coverage?

If you can’t answer these questions, you might consider 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 auto insurance companies in your area. It only takes a few minutes and may give you better protection.

Drivers who switch save $401 a year? Really?

Consumers can’t ignore all the ads for cheaper car insurance from the likes of State Farm, Geico and Progressive. They all seem to make an identical promise of big savings if you change your coverage to them.

How do they all make almost identical claims? This is how they do it.

Different companies are able to cherry pick for the type of driver they prefer to insure. For instance, a profitable customer might be profiled as a mature driver, owns a home, and drives less than 7,500 miles a year. A customer that hits that “sweet spot” will get the preferred rates and is almost guaranteed to save when they switch companies.

Consumers who do not match the requirements will be charged a more expensive rate which usually ends up with business not being written. The ads state “customers who switch” but not “drivers who get quotes” save that much. That is how insurance companies can make the claims of big savings. That is why drivers should quote coverage with many companies. It’s impossible to know which insurance companies will have the lowest Cadillac Escalade insurance rates.

Car insurance policy specifics

Having a good grasp of your policy aids in choosing the right coverages and proper limits and deductibles. Car insurance terms can be confusing and even agents have difficulty translating policy wording. These are typical coverage types available from car insurance companies.

Coverage for medical payments

Med pay and PIP coverage pay for immediate expenses for things like prosthetic devices, doctor visits, ambulance fees and EMT expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Collision insurance

Collision coverage pays to fix your vehicle from damage caused by collision with a stationary object or other vehicle. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims like colliding with a tree, driving through your garage door and crashing into a ditch. Paying for collision coverage can be pricey, so consider dropping it from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Comprehensive coverages

This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims like theft, a broken windshield and hitting a deer. The maximum payout you’ll receive from a claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Auto liability insurance

This can cover damages or injuries you inflict on other’s property or people that is your fault. This insurance protects YOU against claims from other people. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 100/300/100 which means $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 protects against things such as repair bills for other people’s vehicles, repair costs for stationary objects, attorney fees, emergency aid and funeral expenses. How much coverage you buy is a personal decision, but buy as much as you can afford.

Uninsured and underinsured coverage

Your UM/UIM coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family as well as your vehicle’s damage.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

You can do this!

Cheaper 2010 Cadillac Escalade insurance can be purchased both online in addition to many insurance agents, so you should compare both in order to have the best price selection to choose from. Some companies do not provide you the ability to get quotes online and these smaller companies work with independent agents.

We’ve covered a lot of information how to save on insurance. It’s most important to understand that the more times you quote, the higher your chance of finding lower rates. Consumers may even find the best price on insurance coverage is with a smaller regional carrier. Regional companies may cover specific market segments cheaper compared to the large companies like Progressive and Geico.

More information is located at the links below