2004 Cadillac CTS Insurance Rates – 9 Discounts for Best Quotes

Drivers have a choice when trying to find low-cost Cadillac CTS insurance. They can either spend hours driving around getting price quotes or use the internet to make rate comparisons.

There are more efficient ways to shop for insurance and you need to know the absolute fastest way to quote coverages for a new or used Cadillac and find the lowest price from both online companies and local agents.

Consumers need to take a look at other company’s rates periodically because rates trend upward over time. Even if you think you had the best deal on CTS insurance a few years ago other companies may now be cheaper. Starting now, forget anything you know (or think you know) about insurance because it’s time to teach you how to use online quotes to find lower rates on insurance.

The fastest way that we advise to get rate comparisons takes advantage of the fact most of the bigger providers will pay a fee to compare rate quotes. To begin a comparison, all you need to do is take a few minutes to give details including your occupation, if you went to college, if you have a valid license, and distance driven. Those rating factors is then sent to many different companies and you receive quotes with very little delay.

To start a quote now, click here and find out if you can get cheaper insurance.

Save $473 a year? Really?

Consumers get pounded daily by advertisements that promise big savings from the likes of State Farm and Allstate. They all make the same claim that you’ll save big if you switch your coverage to them.

How does each company make the same claim?

All companies are able to cherry pick for the right customer that makes them money. For example, a profitable customer could be over the age of 40, insures multiple vehicles, and chooses high deductibles. Any driver who meets those qualifications gets the lowest rates and most likely will save quite a bit of money when switching.

Potential insureds who don’t meet this ideal profile will be charged a more expensive rate and ends up with the driver buying from a lower-cost company. The ads state “customers that switch” not “people who quote” save money. That’s why companies can truthfully make the claims of big savings.

That is why it’s extremely important to get quotes from several different companies. It’s impossible to know which company will give you the biggest savings on Cadillac CTS insurance.

Discounts are available to cut your rates

The price of auto insurance can be rather high, but you may find discounts that many people don’t even know exist. Most are applied when you purchase, but some may not be applied and must be specifically requested before they will apply. If you’re not getting every credit you qualify for, you are throwing money away.

  • Homeowners Savings – Owning a house may trigger a car insurance policy discount because of the fact that having a home is proof that your finances are in order.
  • E-sign – A handful of insurance companies give back up to $50 simply for signing digitally online.
  • Multiple Vehicles – Having multiple vehicles with the same company could earn a price break for each car.
  • Service Members Pay Less – Being deployed with a military unit could be rewarded with lower premiums.
  • No Charge for an Accident – Some insurance companies will forgive one accident without raising rates so long as you haven’t had any claims for a particular time prior to the accident.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of 20% or more.
  • Bundle and Save – When you have multiple policies with the same insurance company you may save up to 20% off your total premium.
  • Discount for New Cars – Insuring a new car can save up to 30% compared to insuring an older model.
  • Safe Driver Discount – Insureds without accidents may save up to 50% more on CTS insurance than less cautious drivers.

As a disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. Most only apply to the price of certain insurance coverages like medical payments or collision. So even though it sounds like you could get a free car insurance policy, companies don’t profit that way. But any discount will cut your overall premium however.

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

Everyone needs different coverages

When it comes to choosing adequate coverage for your vehicles, there really is no perfect coverage plan. Everyone’s situation is a little different.

These are some specific questions could help you determine whether or not you will benefit from professional help.

  • What companies insure drivers after a DUI or DWI?
  • Do I get a pro-rated refund if I cancel my policy early?
  • Does medical payments coverage apply to all occupants?
  • Do I pay less for low miles?
  • When should I drop full coverage on my 2004 Cadillac CTS?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered if I drive in a foreign country?
  • Is a new car covered when I drive it off the dealer lot?
  • Can I rate high risk drivers on liability-only vehicles?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. If you want to speak to an agent in your area, simply complete this short form. It is quick, free and can help protect your family.

Insurance coverages and their meanings

Understanding the coverages of a insurance policy helps when choosing which coverages you need and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring.

Comprehensive coverages – Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as rock chips in glass, theft and damage from getting keyed. The most your insurance company will pay is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Uninsured and underinsured coverage – Uninsured or Underinsured Motorist coverage gives you protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries sustained by your vehicle’s occupants as well as damage to your Cadillac CTS.

Because many people 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 should not be overlooked. Usually these coverages are set the same as your liablity limits.

Coverage for medical payments – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like ambulance fees, chiropractic care, X-ray expenses, funeral costs and surgery. They can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

Liability insurance – This provides protection from damages or injuries you inflict on other people or property. This coverage protects you from claims by other people. It does not cover 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. You might see liability limits of 100/300/100 that means you have $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property. Occasionally you may see a combined single limit or CSL which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage protects against things such as loss of income, bail bonds, structural damage and legal defense fees. How much liability should you purchase? That is a personal decision, but buy as much as you can afford.

Collision coverages – Collision insurance pays for damage to your CTS resulting from a collision with another car or object. A deductible applies then your collision coverage will kick in.

Collision coverage protects against things like scraping a guard rail, crashing into a building and colliding with a tree. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Drivers also have the option to increase the deductible to get cheaper collision coverage.

Final thoughts

Drivers who switch companies do it for any number of reasons including delays in paying claims, high prices, extreme rates for teen drivers and even policy cancellation. It doesn’t matter why you want to switch switching car insurance companies is actually quite simple.

As you shop your coverage around, it’s very important that you do not buy less coverage just to save a little money. There have been many cases where an insured dropped collision coverage and learned later that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy a smart amount of coverage at the best price while still protecting your assets.

You just read quite a bit of information on how to lower your 2004 Cadillac CTS insurance rates. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even find the lowest rates come from some of the lesser-known companies.

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