Cheaper 2011 Cadillac Escalade EXT Insurance Quotes

Want the cheapest insurance coverage rates for your Cadillac Escalade EXT? Have you had enough of robbing Peter to pay Paul to buy car insurance? You’re in the same situation as many other drivers. Companies like State Farm, Farmers Insurance, Geico and Allstate all claim big savings with ads and it is challenging if not impossible to sift through the bull and effectively compare rates to find the best deal.

Comparison of Auto Insurance

Finding cheaper 2011 Cadillac Escalade EXT auto insurance prices is not a difficult process. The only thing you need to do is take a couple of minutes getting comparison quotes provided by online insurance companies. This can be done in just a few minutes using one of these methods.

  • One of the simplest ways consumers can make multiple comparisons is to use a rate comparison form click here to open form in new window. This form saves time by eliminating repetitive form entry for every auto insurance company. Taking the time to complete one form will get you price quotes instantly.
  • A more time consuming way to obtain and compare quotes online requires a visit to the website for every company you want to comare to complete a price quote. For instance, let’s assume you want rates from Geico, Esurance and Farmers. To get each rate you have to spend time on each company’s site to input your insurance information, which is why the first method is more popular.

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

  • The least recommended way of comparing rate quotes is to drive around to different agent offices. Buying insurance online has reduced the need for local agents unless you want the trained guidance only provided by licensed agents. Drivers can obtain prices from the web but still have the advice of a local agent and we’ll touch on that later.

Whichever way you use, make absolute certain that you use identical coverage limits and deductibles on every quote. If you are comparing different values for each quote it will be next to impossible to truly determine the lowest rate.

Don’t overlook these discounts

Companies that sell car insurance do not advertise every discount in a way that’s easy to find, so we took the time to find some of the best known and also the lesser-known savings tricks you should be using. If you aren’t receiving every discount you deserve, you’re just leaving money on the table.

  • Anti-lock Brakes – Anti-lock brake equipped vehicles can avoid accidents and will save you 10% or more.
  • Anti-theft System – Cars that have factory anti-theft systems can help prevent theft and qualify for as much as a 10% discount.
  • Sign Online – Some insurance companies will give a small break for buying a policy and signing up over the internet.
  • Driver’s Ed – Require your teen driver to successfully complete driver’s ed class if it’s offered in school.
  • Early Signing – Select companies give a discount for buying a policy before your current policy expires. This can save 10% or more.
  • Bundle and Save – If you insure your home and vehicles with one company you could get a discount of at least 10% off all policies.
  • Pay Upfront and Save – If you pay your entire premium ahead of time rather than paying monthly you could save 5% or more.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less due to better safety requirements for new cars.
  • Driver Safety – Taking part in a course in driver safety can save you 5% or more and easily recoup the cost of the course.

It’s important to understand that most discount credits are not given to the overall cost of the policy. Most only cut specific coverage prices like comp or med pay. So even though they make it sound like having all the discounts means you get insurance for free, insurance coverage companies aren’t that generous.

For a list of providers offering insurance coverage discounts, click here.

Complexity of Cadillac Escalade EXT insurance rates

An important part of buying insurance is that you know the different types of things that help determine insurance rates. Knowing what determines base rates enables informed choices that may reward you with big savings.

The following are a few of the “ingredients” insurance companies consider when setting rates.

  • High crash test scores lower rates – Vehicles with high crash test scores tend to have better insurance rates. Safe vehicles result in less severe injuries and fewer injuries translates into savings for insurance companies passed on to you as lower rates. If your Cadillac has ratings of a minimum four stars on Safercar.gov or an “acceptable” rating on iihs.org it may be receiving lower rates.
  • Poor credit can mean higher rates – Your credit history is a huge factor in determining what you pay for insurance. So if your credit rating is not that good, you could save money insuring your 2011 Cadillac Escalade EXT by improving your rating. People with high credit ratings tend to be more responsible as compared to drivers with lower credit scores.
  • Liability insurance protects assets – Your policy’s liability coverage is the coverage that protects you when a jury decides you are liable for damages caused by your negligence. It provides you with a defense in court which can cost thousands of dollars. Liability insurance is quite affordable as compared to coverage for physical damage, so do not cut corners here.
  • Pleasure use saves money – Driving more miles every year the higher your rate. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Cars and trucks not used for work or commuting receive lower rates than vehicles that are driven to work every day. Ask your agent if your insurance coverage is rated on the proper vehicle usage, because improper ratings can cost you money. If your policy improperly rates your Escalade EXT may be costing you.
  • Bad driving skills means higher rates – Drivers with clean records tend to pay less for car insurance than bad drivers. Only having one speeding ticket may increase your cost twenty percent or more. Drivers who have serious citations such as hit and run, DWI or reckless driving convictions may need to submit a SR-22 form with their state motor vehicle department in order to continue driving.
  • Being married is a good thing – Getting married actually saves money when buying insurance. Having a significant other is viewed as being more mature than a single person and it’s statistically proven that drivers who are married are more cautious.

Is my situation unique?

When it comes to buying the right insurance coverage for your vehicles, there really is not a cookie cutter policy. Every insured’s situation is different and your policy should reflect that. These are some specific questions can help discover whether you might need professional guidance.

  • What vehicles should carry emergency assistance coverage?
  • Am I getting all the discounts available?
  • Should I have combined single limit or split liability limits?
  • Am I covered when driving a rental car?
  • What is high-risk coverage and where do I buy it?
  • Who is covered when they drive my 2011 Cadillac Escalade EXT?
  • What are the best liability limits?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance companies in your area. It is quick, free and may give you better protection.

Insurance policy specifics

Having a good grasp of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types offered by insurance companies.

Comprehensive auto coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as damage from getting keyed, a broken windshield, hail damage and vandalism. The maximum payout your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability insurance

Liability insurance will cover damages or injuries you inflict on other’s property or people that is your fault. It protects YOU from claims by other people. Liability doesn’t cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage protects against things such as attorney fees, funeral expenses, repair costs for stationary objects and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Collision coverage

This pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage pays for things such as hitting a mailbox, crashing into a ditch, backing into a parked car, colliding with another moving vehicle and crashing into a building. This coverage can be expensive, so consider removing coverage from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Medical payments and PIP coverage

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as rehabilitation expenses, X-ray expenses and ambulance fees. They are often used in conjunction with a health insurance policy or if you are not covered by health insurance. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP is not universally available and gives slightly broader coverage than med pay

UM/UIM (Uninsured/Underinsured Motorist) coverage

This gives you protection from other motorists when they either have no liability insurance or not enough. Covered losses include injuries sustained by your vehicle’s occupants and also any damage incurred to your Cadillac Escalade EXT.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important.

Online plus local equals savings

You just learned quite a bit of information on how to reduce 2011 Cadillac Escalade EXT insurance prices online. The key concept to understand is the more price quotes you have, the better your chances of lowering your rates. You may even find the best price on insurance is with some of the smallest insurance companies. Some small companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate or State Farm.

While you’re price shopping online, it’s not a good idea to reduce coverage to reduce premium. There have been many cases where someone dropped liability limits or collision coverage and learned later they didn’t have enough coverage. Your goal should be to find the BEST coverage at an affordable rate while not skimping on critical coverages.

Additional insurance information can be read at the links below