Save on 2013 Cadillac SRX Insurance Rates

Searching for lower auto insurance rates for your Cadillac SRX? Are you a victim of overpriced auto insurance? Trust us, many consumers are feeling buyer’s remorse and feel like there’s no way out.

You have multiple auto insurance companies to pick from, and although it’s nice to be able to choose, it can be more difficult to find a good deal.

It’s a great practice to get comparison quotes quite often because insurance rates fluctuate regularly. Even if you think you had the best price for SRX insurance a couple years back there is a good chance you can find better rates now. So ignore everything you know about auto insurance because you’re going to get a crash course in the easiest way to properly buy coverages and cut your premium.

Take advantage of discounts

Auto insurance companies don’t always publicize every discount very clearly, so here is a list both the well known and the harder-to-find ways to save on insurance.

  • Government Employees – Being employed by or retired from a federal job may qualify you for a discount for SRX insurance with select insurance companies.
  • Lower Rates for Military – Having a deployed family member can result in better rates.
  • Memberships – Being a member of a qualifying organization is a good way to get lower rates on your policy for SRX insurance.
  • Safety Course Discount – Completing a defensive driving course could cut 5% off your bill if you qualify.
  • Homeowners Savings – Owning a home can save you money because of the fact that having a home shows financial diligence.
  • Life Insurance – Larger companies have a discount if you purchase auto and life insurance together.
  • Early Signing – Select companies give a discount for switching policies prior to your current policy expiration. This can save 10% or more.
  • One Accident Forgiven – A few companies will allow you to have one accident without raising rates as long as you don’t have any claims for a certain period of time.
  • Discount for New Cars – Putting insurance coverage on a new car can cost up to 25% less compared to insuring an older model.
  • Seat Belts Save – Drivers who require all occupants to use their safety belts can save up to 15% off your PIP or medical payments premium.

It’s important to understand that many deductions do not apply the the whole policy. A few only apply to specific coverage prices like liability and collision coverage. Just because you may think you can get free auto insurance, you won’t be that lucky.

For a list of insurance companies who offer insurance discounts, click this link.

Some factors that can determine what Cadillac SRX insurance costs

Smart consumers have a good feel for some of the elements that come into play when calculating your insurance rates. Understanding what impacts premium levels allows you to make educated decisions that could result in better insurance rates.

The list below includes a few of the “ingredients” companies use to determine premiums.

  • Keep rates low by being claim-free – Companies generally give discounts to people who file claims infrequently. If you are a frequent claim filer, you can definitely plan on higher rates. Insurance coverage is designed for major claims that would cause financial hardship.
  • Safer cars cost less to insure – Vehicles with high crash test scores get lower rates. Safe vehicles have better occupant injury protection and better occupant protection 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 you are probably receiving a discount.
  • Lower rates with optional equipment – Driving a car with an alarm system can help bring down rates. Theft prevention devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
  • Discounts for married couples – Getting married actually saves money on your insurance policy. Having a spouse usually means you are more mature and responsible and statistics show drivers who are married are more cautious.

How to know if you need help

When buying coverage, there really is not a single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that For instance, these questions may help you determine if your insurance needs may require specific advice.

  • Does having multiple vehicles earn me a discount?
  • Should I rate my 2013 Cadillac SRX as pleasure use or commute?
  • At what point should I drop full coverage?
  • Is a new car covered when I drive it off the dealer lot?
  • If I drive on a suspended license am I covered?
  • Is my ex-spouse still covered by my policy?
  • Do I need PIP (personal injury protection) coverage in my state?
  • What are the best liability limits?
  • How does medical payments coverage work?

If you can’t answer these questions, you may need to chat with 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

Can switching companies really save?

State Farm, GEICO and Progressive constantly bombard you with ads on television and other media. All the companies say the same thing of big savings if you switch your policy. How do they all say the same thing?

All the different companies are able to cherry pick for the driver they prefer to insure. A good example of a preferred risk could be between 30 and 50, owns a home, and has great credit. A customer getting a price quote that hits that “sweet spot” will get the preferred rates and most likely will save a lot of money.

Drivers who don’t qualify for the “perfect” profile must pay higher rates which usually ends up with business going elsewhere. The ad wording is “people who switch” not “everyone that quotes” save money. That’s the way companies can truthfully make the claims of big savings. This illustrates why drivers should get quotes from several different companies. It’s impossible to know which company will fit your personal profile best.

Coverage specifics

Learning about specific coverages of car insurance aids in choosing which coverages you need for your vehicles. Car insurance terms can be confusing and coverage can change by endorsement. Below you’ll find the usual coverages found on most car insurance policies.

Liability car insurance – Liability coverage will cover damage or injury you incur to a person or their property by causing an accident. This insurance protects YOU from legal claims by others, and does not provide coverage for your injuries or vehicle damage.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 25/50/25 which stand for a $25,000 limit per person for injuries, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims like attorney fees, repair costs for stationary objects and court costs. How much coverage you buy is your choice, but you should buy higher limits if possible.

Collision coverage – Collision coverage will pay to fix damage to your SRX resulting from a collision with another vehicle or an object, but not an animal. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like sideswiping another vehicle, rolling your car, backing into a parked car and driving through your garage door. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverages – This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things such as fire damage, vandalism and hail damage. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Uninsured and underinsured coverage – This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked.

Coverage for medical payments – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills like doctor visits, rehabilitation expenses, hospital visits and ambulance fees. They are often utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

The best insurance company isn’t always the cheapest

Cheap 2013 Cadillac SRX insurance is definitely available on the web and also from your neighborhood agents, so compare prices from both so you have a total pricing picture. Some insurance companies may not provide online quoting and these small, regional companies work with independent agents.

When shopping online for car insurance, it’s a bad idea to skimp on coverage in order to save money. In many instances, someone sacrificed full coverage and learned later they didn’t have enough coverage. The proper strategy is to buy a smart amount of coverage at a price you can afford while not skimping on critical coverages.

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