Did you fall for a flashy sales pitch and buy an overpriced auto insurance policy? Believe me, you are not the only one feeling buyer’s remorse.
Having so many insurance providers from which to choose, it’s nearly impossible to choose the most affordable car insurance company.
There are a variety of methods to compare 2013 Cadillac ATS insurance prices and some are easier and takes less work. You can waste a few hours (or days) discussing policy coverages with insurance companies in your area, or you could use the web to get pricing more quickly.
Most major companies are enrolled in a marketplace where insurance shoppers only type in their quote data once, and every company then returns a price quote based on that data. This prevents consumers from doing quotation requests for each company you want a rate for.
To access this free quoting program, click here to start a free quote.
The only drawback to using this type of system is you cannot specify the insurers you want pricing from. If you would rather choose specific providers to request quotes from, we have assembled a list of companies who write insurance in your area. Click to view list.
Whichever method you choose, be sure to compare identical deductibles and coverage limits for each comparison quote. If you are comparing different deductibles it will be impossible to decipher which rate is best. Having just a slight variation in insurance coverages may result in a large different in cost. And when price shopping your coverage, comparing a large number of companies helps locate the best rates.
Insurance can cost an arm and a leg, but you may find discounts to help offset the cost. A few discounts will automatically apply at the time of purchase, but some must be asked for before they will apply.
As a disclaimer on discounts, some of the credits will not apply the the whole policy. A few only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates adding up those discounts means a free policy, it doesn’t quite work that way. But any discount will cut your overall premium however.
Companies that possibly offer some of the above discounts include:
Check with all companies you are considering how you can save money. Some discounts might not be offered everywhere.
When buying coverage, there really is no single plan that fits everyone. Every insured’s situation is different so this has to be addressed. For instance, these questions could help you determine whether or not you could use an agent’s help.
If you can’t answer these questions but one or more may apply to you, you may need to chat with a licensed agent. To find lower rates from a local agent, simply complete this short form or you can also visit this page to select a carrier
Having a good grasp of a insurance policy helps when choosing the right coverages and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on the average insurance policy.
This gives you protection when the “other guys” either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as your vehicle’s damage.
Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Frequently these coverages are identical to your policy’s liability coverage.
Collision insurance covers damage to your ATS resulting from a collision with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision can pay for claims such as crashing into a building, hitting a mailbox, backing into a parked car and rolling your car. Collision coverage makes up a good portion of your premium, so consider dropping it from older vehicles. It’s also possible to raise the deductible to bring the cost down.
Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills for things like nursing services, chiropractic care, pain medications and hospital visits. They can be used in conjunction with a health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as being hit by a car walking across the street. PIP is only offered in select states and may carry a deductible
Liability coverage provides protection from injuries or damage you cause to a person or their property. It protects YOU from claims by other people, and does not provide coverage for your own vehicle damage or injuries.
Liability coverage has three 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 25/50/25 which means a $25,000 limit per person for injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.
Liability insurance covers claims such as legal defense fees, loss of income, medical expenses, repair costs for stationary objects and bail bonds. How much liability coverage do you need? That is a personal decision, but you should buy higher limits if possible.
This covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.
Comprehensive coverage pays for things such as hitting a bird, damage from a tornado or hurricane, falling objects and hail damage. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.