Compare 2013 Cadillac CTS-V Car Insurance Cost

Searching for better insurance coverage rates for your Cadillac CTS-V? Having to pay for overpriced insurance coverage can drain your personal savings and put the squeeze on your family’s finances. Doing a price comparison is free and is an excellent way to cut your insurance bill.

Insurance companies such as Allstate and Progressive all promote huge savings with ad campaigns and it is difficult to see through the deception and take the time to shop coverage around.

How to Buy Auto Insurance Online

Comparing auto insurance rates can be a daunting task if you don’t know the easiest way. You can spend countless hours discussing policy coverages with local insurance agents in your area, or you could save time and use online quotes to quickly compare rates.

Most of the larger companies take part in a program where insurance shoppers enter their policy data once, and every company then gives them pricing determined by their information. This prevents consumers from doing quote forms for each company.

To get comparison pricing now click here to start a free quote.

The one downside to using this type of system is you are unable to specify the insurers to receive prices from. So if you prefer to pick specific insurance companies to compare rates, we have assembled a list of companies who write auto insurance in your area. Click here for list of insurance companies.

It’s up to you which method you use, but make darn sure you compare exactly the same deductibles and coverage limits for each comparison quote. If you use differing limits it will be very difficult to decipher which rate is best. Just a small difference in insurance coverages could mean much higher rates. Just remember that quoting more will increase your chances of finding the best rates.

Cut your premium with discounts

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

  • Student in College – Kids in college living away from home attending college without a vehicle on campus can be insured at a reduced rate.
  • Senior Citizens – If you qualify as a senior citizen, you may qualify for better auto insurance rates on CTS-V insurance.
  • No Claims – Drivers who don’t have accidents pay much less as compared to drivers who are more careless.
  • Memberships – Being a member of certain professional organizations may earn a discount when shopping for auto insurance on CTS-V insurance.
  • Use Seat Belts – Drivers who require all occupants to use their safety belts could cut 10% or more off your PIP or medical payments premium.

A little note about advertised discounts, most discounts do not apply to the entire cost. The majority will only reduce the price of certain insurance coverages like comprehensive or collision. So despite the fact that it appears you can get free auto insurance, it just doesn’t work that way.

To see a list of providers with the best auto insurance discounts, follow this link.

Some factors that can determine what Cadillac CTS-V insurance costs

An important part of buying insurance is that you know the factors that help determine your insurance coverage rates. Knowing what impacts premium levels enables informed choices that may reward you with much lower annual insurance costs.

  • Poor driving leads to higher costs – Whether or not you get tickets has a lot to do with how much you pay for insurance. Only having one speeding ticket can boost insurance rates twenty percent or more. Careful drivers tend to pay less for car insurance than their less careful counterparts. Drivers with dangerous tickets such as reckless driving, hit and run or driving under the influence are required to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to prevent a license revocation.
  • Lower deductibles cost more – The deductibles represent how much money you are willing to pay before a claim is paid by your company. Physical damage coverage, also known as collision and other-than-collision, is used to repair damage to your car. Examples of covered claims are colliding with a building, collision with an animal, and windstorm damage. The more money you’re willing to pay, the lower your rates will be on CTS-V insurance.
  • Liability insurance protects assets – Liability insurance provides coverage in the event that you are found liable for personal injury or accident damage. Liability provides for a legal defense which can cost thousands of dollars. Liability is cheap compared to physical damage coverage, so do not cut corners here.
  • Your job and insurance rates – Did you know your insurance coverage rates can be affected by your occupation? Jobs such as judges, architects and accountants have higher rates than average attributed to job stress and long work hours. On the flip side, professions such as scientists, athletes and homemakers get better rates on CTS-V insurance.

What is the best insurance coverage?

When it comes to choosing the best car insurance coverage for your personal vehicles, there really is not a best way to insure your cars. Everyone’s situation is unique so this has to be addressed. For example, these questions may help highlight whether or not you would benefit from professional advice.

  • Which companies will insure high-risk drivers?
  • Are my tools covered if they get stolen from my vehicle?
  • Am I covered when driving someone else’s vehicle?
  • Will my insurance pay for OEM parts?
  • Am I covered by my spouse’s policy after a separation?
  • I have good health insurance, so how much medical payments coverage do I need?

If you’re not sure about those questions but one or more may apply to you, then you may want to think about talking to an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area.

Is there truth in advertising?

Companies like State Farm and Allstate regularly use ads in print and on television. All the ads say the same thing about savings if you move to them. How can each company make almost identical claims?

All companies are able to cherry pick for the type of customer that is profitable for them. For example, a profitable customer might be between the ages of 40 and 55, owns a home, and drives less than 10,000 miles a year. A customer getting a price quote who fits that profile is entitled to the best price and most likely will save quite a bit of money when switching.

Potential customers who fall outside these standards will have to pay more money and this can result in business going elsewhere. Company advertisements say “customers who switch” not “everyone that quotes” save that much. This is how companies can truthfully state the savings. Because of the profiling, it is so important to get quotes from several different companies. It’s impossible to know which insurance companies will have the lowest Cadillac CTS-V insurance rates.

Insurance coverage breakdown

Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find typical coverage types found on most insurance policies.


Liability insurance protects you from damage or injury you incur to other’s property or people that is your fault. It 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 commonly see limits of 25/50/25 that means you have $25,000 bodily injury coverage, $50,000 for the entire accident, and property damage coverage for $25,000.

Liability coverage protects against claims like attorney fees, loss of income, bail bonds, pain and suffering and structural damage. How much liability coverage do you need? That is a personal decision, but consider buying as much as you can afford.

Comprehensive protection

This pays for damage from a wide range of events other than collision. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as falling objects, fire damage, hail damage, vandalism and damage from getting keyed. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Collision coverage

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

Collision insurance covers claims such as sustaining damage from a pot hole, driving through your garage door, damaging your car on a curb, colliding with another moving vehicle and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for immediate expenses for nursing services, rehabilitation expenses and dental work. The coverages can be used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants as well as getting struck while a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Uninsured or underinsured coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. Covered losses include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. So UM/UIM coverage is very important.

Make an honest buck

Throughout this article, we presented some good ideas how you can lower your 2013 Cadillac CTS-V insurance rates. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even discover the lowest premiums are with an unexpected company. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as Progressive or Geico.

Low-cost insurance can be bought both online in addition to many insurance agents, and you should be comparing both to have the best chance of lowering rates. Some insurance companies do not provide online price quotes and usually these small, regional companies provide coverage only through local independent agents.

Additional resources