Compare 2012 Cadillac CTS-V Car Insurance Quotes

Feel like you’re a prisoner to an underperforming, overpriced insurance policy? Believe me when I say there are many consumers feeling the pinch from expensive insurance.

Lots of insurers contend for your business, and because of this it can be hard to compare auto insurance companies and uncover the absolute best price available.

If you have car insurance now, you will be able to save some money using these methods. Choosing the best insurance company for you is not that difficult. Although vehicle owners do need to understand the methods companies use to market on the web because it can help you find the best coverage.

Free Insurance Quotes

Effectively comparing insurance prices is a ton of work if you don’t know the easiest way. You can waste hours driving to insurance agencies in your area, or you can stay home and use the web to accomplish the same thing much quicker.

The majority of car insurance companies belong to a marketplace that allows shoppers to submit their information once, and each company returns a competitive quote based on that information. This prevents consumers from doing repetitive form submissions for each company you want a rate for. To fill out one form to compare multiple rates now click to open in new window.

One minor caviat to doing it this way is you don’t know exactly the companies to get quotes from. If you wish to select specific providers to request quotes from, we have assembled a list of the cheapest insurance companies in your area. Click to view list.

Whichever method you choose, ensure you are comparing apples-to-apples coverages with every price quote. If you enter different limits and deductibles on each one it will be next to impossible to decipher which rate is best. Having just a slight variation in coverage limits may result in large price differences. And when comparing insurance rates, know that comparing a large number of companies gives you a better chance of getting lower pricing.

Do you qualify for a discount?

Companies offering auto insurance do not advertise all their discounts very well, so the following is a list of some of the best known and also the lesser-known savings tricks you should be using.

Low Mileage Discounts – Driving fewer miles could be rewarded with better rates on cars that stay parked.
Anti-lock Brake Discount – Anti-lock brake equipped vehicles can reduce accidents and qualify for as much as a 10% discount.
Homeowners Savings – Being a homeowner can help you save on car insurance because maintaining a house is proof that your finances are in order.
Accident Waiver – A handful of insurance companies permit an accident without raising rates as long as you don’t have any claims for a particular time prior to the accident.
Theft Prevention System – Anti-theft and alarm systems prevent vehicle theft and earn discounts up to 10%.
Discount for Life Insurance – Select insurance companies reward you with a discount if you purchase auto and life insurance together.
Club Memberships – Participating in certain professional organizations is a good way to get lower rates when shopping for car insurance for CTS-V coverage.
Discounts for Safe Drivers – Drivers who avoid accidents can pay as much as 50% less for CTS-V coverage than their less cautious counterparts.
Discount for New Cars – Insuring a new car is cheaper due to better safety requirements for new cars.
No Claims – Good drivers with no accidents can save substantially as compared to frequent claim filers.

As a disclaimer on discounts, some credits don’t apply to all coverage premiums. Most only reduce individual premiums such as liability and collision coverage. Just because it seems like adding up those discounts means a free policy, it doesn’t quite work that way.

For a list of providers with discount car insurance rates, click here to view.

What coverages do I need?

When it comes to buying the right insurance coverage for your vehicles, there isn’t really a single plan that fits everyone. Every situation is different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your situation could use an agent’s help.

Are my friends covered when driving my 2012 Cadillac CTS-V?
Can I afford low physical damage deductibles?
If I drive on a suspended license am I covered?
Am I covered when driving a rental car?
Can my teen driver be rated on a liability-only vehicle?
At what point should I drop full coverage?
Does my policy cover my teen driver if they drive my company car?
Can I still get insurance after a DUI?
Is business equipment covered while in my vehicle?

If it’s difficult to answer those questions but a few of them apply, you might consider talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier

Coverages available on your insurance policy

Knowing the specifics of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverages found on most insurance policies.

Protection from uninsured/underinsured drivers

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and damage to your Cadillac CTS-V.

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. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Comprehensive (Other than Collision)

This coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims like damage from flooding, fire damage and vandalism. The maximum payout you’ll receive from a claim is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Medical expense insurance

Personal Injury Protection (PIP) and medical payments coverage kick in for expenses for pain medications, ambulance fees, doctor visits and surgery. They can be utilized in addition to your health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not an option in every state and may carry a deductible

Coverage for collisions

This coverage will pay to fix damage to your CTS-V resulting from colliding with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as crashing into a ditch, sideswiping another vehicle and driving through your garage door. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also increase the deductible to bring the cost down.

Liability

Liability coverage will cover damages or injuries you inflict on people or other property that is your fault. It protects YOU from legal claims by others. 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. Your policy might show policy limits of 50/100/50 that means you have $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property.

Liability insurance covers things such as medical services, repair costs for stationary objects, pain and suffering and legal defense fees. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.