Compare 2008 Cadillac Escalade Car Insurance Cost

Searching for the cheapest auto insurance rates for your Cadillac Escalade? Locating the cheapest insurance for a new or used Cadillac Escalade could be a lot of work, but you can use these tips to save time. There is a better way to shop for auto insurance so you’re going to learn the best way to price shop coverage for a Cadillac and locate the lowest price from local insurance agents and online providers.

If you have a current insurance policy or are shopping for new coverage, you can learn to get lower rates and possibly find even better coverage. Buying the best insurance is simple if you know the tricks. Drivers just need to learn the proper way to shop over the internet.

You probably qualify for some discounts

Auto insurance companies don’t list every available discount in a way that’s easy to find, so we break down some of the more common and the harder-to-find discounts you could be receiving. If you aren’t receiving every discount you qualify for, you’re just leaving money on the table.

Discount for Swiching Early – Some companies give discounts for switching policies before your current policy expires. The savings is around 10%.
Student Driver Training – Require your teen driver to take driver’s ed class if offered at their school.
Pay Now and Pay Less – If paying your policy premium upfront rather than paying monthly you may reduce your total bill.
Accident Forgiveness – A few companies permit an accident before your rates go up if your claims history is clear for a particular time prior to the accident.
Multi-policy Discount – If you insure your home and vehicles with the same company you could get a discount of at least 10% off all policies.
Save over 55 – Older drivers may receive better car insurance rates for Escalade coverage.
Discount for New Cars – Buying coverage on a new vehicle is cheaper compared to insuring an older model.
Distant Student – Any of your kids who are attending college and don’t have a car may qualify for this discount.
Low Mileage – Driving fewer miles can earn a substantially lower rate.

Drivers should understand that most discount credits are not given to your bottom line cost. Most only cut the price of certain insurance coverages like comprehensive or collision. So even though they make it sound like all the discounts add up to a free policy, it doesn’t quite work that way.

Car insurance companies who might offer these discounts include:

Double check with each company which discounts you may be entitled to. Savings may not be available in every state.

How to Buy Insurance Online

Lowering your 2008 Cadillac Escalade insurance rates is a fairly straight forward process. The only thing you need to do is spend a little time to get quotes online from several insurance companies. This can be accomplished using a couple different methods.

The recommended way to compare a lot of rates at once is a comparison rater form (click to open form in new window). This form eliminates the need for separate quotation requests for each company. One form submission will return price quotes from multiple companies. Recommended for those who want to invest the least amount of time.

Another way to find lower rates is going to each individual company website to complete their respective quote request forms. For instance, we’ll pretend you want rates from State Farm, Allstate and Geico. To find out each rate you need to spend time on each company’s site and enter your information, which is why the first method is more popular.

To view a list of companies in your area, click here.

The most time-consuming method to get comparison rates is driving around to and from local insurance agencies. Buying insurance online can eliminate the need for a local agent unless you prefer the trained guidance of a licensed agent. Drivers can comparison shop online and still use a local agent and we’ll talk about that later.

It’s up to you which method you use, but compare apples-to-apples coverage limits and deductibles for each price quote. If your comparisons have unequal deductibles or liability limits it will be very difficult to determine the lowest rate for your Cadillac Escalade.

There’s no such thing as the perfect policy

When it comes to buying coverage for your vehicles, there really is no single plan that fits everyone. Each situation is unique.

These are some specific questions can aid in determining whether you would benefit from an agent’s advice.

Does car insurance cover theft of personal property?
What is covered by UM/UIM coverage?
Exactly who is provided coverage by my policy?
Do I need roadside assistance coverage?
Do I pay less if my vehicle is kept in my garage?
Is business equipment covered while in my vehicle?
How can I force my company to pay a claim?

If it’s difficult to answer those questions but one or more may apply to you, you may need to chat with an agent. If you want to speak to an agent in your area, complete this form. It’s fast, doesn’t cost anything and can provide invaluable advice.

Auto insurance coverage information

Understanding the coverages of car insurance helps when choosing which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for short-term medical expenses like nursing services, ambulance fees, funeral costs, hospital visits and rehabilitation expenses. They can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover both the driver and occupants as well as being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered claims include hospital bills for your injuries as well as damage to your Cadillac Escalade.

Due to the fact that many drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Liability coverages

Liability insurance can cover damage or injury you incur to people or other property by causing an accident. It protects YOU against other people’s claims. Liability doesn’t cover damage sustained by your vehicle in an accident.

Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000.

Liability can pay for claims like court costs, pain and suffering, medical services, loss of income and repair bills for other people’s vehicles. How much liability coverage do you need? That is up to you, but consider buying as large an amount as possible.

Collision insurance

Collision coverage covers damage to your Escalade from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for things such as rolling your car, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so consider dropping it from vehicles that are 8 years or older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive insurance

This pays to fix your vehicle from damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like damage from a tornado or hurricane, rock chips in glass, hail damage, theft and hitting a deer. The maximum amount your car insurance company will pay is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Cheaper insurance is a realistic goal

When shopping online for insurance, it’s a bad idea to reduce coverage to reduce premium. There are many occasions where drivers have reduced physical damage coverage only to find out that the small savings ended up costing them much more. Your focus should be to find the BEST coverage at a price you can afford while still protecting your assets.

You just read a lot of information how to get a better price on 2008 Cadillac Escalade insurance. It’s most important to understand that the more providers you compare, the better your comparison will be. You may even find the lowest rates come from a smaller regional carrier.

People leave their current company for a number of reasons such as high prices, an unsatisfactory settlement offer, poor customer service and delays in paying claims. It doesn’t matter what your reason, finding a great new company is not as hard as you think.