2008 Cadillac STS Insurance Cost

Want the cheapest auto insurance rates for your Cadillac STS? Trying to find the cheapest insurance for a new or used Cadillac STS can normally be a painful process, but you can follow a few tricks to save time.

There is a right way and a wrong way to buy auto insurance and you need to know the proper way to price shop coverage for a new or used Cadillac and locate the lowest possible price.

You need to do rate comparisons quite often because rates tend to go up over time. Even if you got the best deal for STS insurance a year ago you can probably find a better price now. Starting now, forget anything you know (or think you know) about auto insurance because you’re about to learn how to quote online to properly buy coverages and cut your premium.

The best way we recommend to compare car insurance company rates is to know the trick most insurance companies actually pay money for the chance to give free rates quotes. All you need to do is provide a small amount of information like what you do for a living, deductibles desired, how much education you have, and your general credit rating. Your details gets sent immediately to all major companies and you receive quotes instantly to find the best rate.

To find the cheapest Cadillac STS insurance rates, click here and complete the form.

Are you getting all your discounts?

Insuring your vehicles can cost a lot, but companies offer discounts that can drop the cost substantially. A few discounts will automatically apply when you complete an application, but some may not be applied and must be asked about before being credited. If they aren’t giving you every credit possible, you are throwing money away.

  • Sign Online – A handful of insurance companies may give you up to $50 for buying your policy digitally online.
  • Multi-policy Discount – When you have multiple policies with the same company you may save up to 20% off your total premium.
  • Drivers Education – Have your child enroll in driver’s education if it’s offered in school.
  • Anti-theft Discount – Cars that have factory anti-theft systems help deter theft and therefore earn up to a 10% discount.
  • Payment Method – By paying your policy upfront instead of monthly or quarterly installments you can actually save on your bill.
  • Multiple Vehicles – Buying coverage for multiple vehicles on one policy may reduce the rate for each vehicle.
  • Seat Belt Usage – Using a seat belt and requiring all passengers to buckle their seat belts could cut 10% or more off your medical payments premium.
  • Passive Restraints and Air Bags – Cars that have air bags or automatic seat belts may earn rate discounts up to 30%.
  • One Accident Forgiven – Certain companies will forgive one accident before raising your premiums as long as you don’t have any claims for a certain period of time.

It’s important to note that many deductions do not apply to the overall cost of the policy. Some only apply to specific coverage prices like liability, collision or medical payments. So when the math indicates you could get a free insurance policy, insurance companies aren’t that generous. But any discount will help reduce the cost of coverage.

To see a list of providers with discount insurance rates, follow this link.

When might I need an agent?

When it comes to buying coverage, there really is no perfect coverage plan. Every insured’s situation is different.

For instance, these questions can aid in determining whether or not you would benefit from an agent’s advice.

  • Does my insurance cover a custom paint job?
  • Am I covered if I hit a deer?
  • At what point should I drop full coverage?
  • What is medical payments coverage?
  • Are rental cars covered under my policy?
  • What is the minimum liability in my state?
  • Can my teen drive my company car?
  • Do I need PIP coverage since I have good health insurance?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • Is my 2008 Cadillac STS covered for flood damage?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form. It’s fast, free and can provide invaluable advice.

Factors that might impact rates for a Cadillac STS

It’s important that you understand the factors that go into determining your car insurance rates. Having a good understanding of what impacts premium levels enables informed choices that may reward you with lower car insurance prices.

  • An active claims history can cost you – Car insurance companies provide better rates to drivers who do not file claims often. If you tend to file frequent claims, you can definitely plan on either a policy non-renewal or much higher rates. Car insurance is designed for major claims that would cause financial hardship.
  • Drive less and save money – The higher the mileage driven in a year the more you will pay for car insurance. Almost all companies charge to insure your cars based on how the vehicle is used. Vehicles left parked in the garage can get a lower rate than vehicles that are driven to work every day. An improperly rated STS may be wasting your money. Make sure your car insurance declarations sheet is showing the correct usage for each vehicle, because it can save money.
  • Sex matters – Statistics demonstrate that women are safer drivers than men. Now that doesn’t mean men are WORSE drivers than women. Men and women tend to get into accidents at about the same rate, but men tend to have more serious accidents. Men also get cited for more serious violations such as reckless driving.
  • Do you need those extra coverages? – There are a ton of additional coverages that you can buy on your car insurance policy. Coverages like roadside assistance, towing coverage and term life insurance are some examples. They may seem like a good idea at first, but if they’re wasting money get rid of them and save.
  • How’s your driving record? – Your driving citation history has a huge affect on how much you pay. Good drivers get better rates compared to drivers with tickets. Just one ticket can increase rates forty percent or more. Drivers who have flagrant citations such as DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state motor vehicle department in order to keep their license.

Don’t be fooled by advertising claims

Consumers get pounded daily by advertisements for the lowest price auto insurance from companies such as Progressive, Allstate and Geico. They all seem to make an identical promise that you’ll save big after switching your policy.

How do they all make the same claim? It’s all in the numbers.

Insurance companies have a preferred profile for the type of driver that makes them money. For instance, a profitable customer could be between the ages of 40 and 55, has no tickets, and has excellent credit. A propective insured who meets those qualifications is entitled to the best price and is almost guaranteed to save when switching.

Consumers who don’t qualify for the requirements will have to pay higher premiums and this can result in business going elsewhere. The ads say “customers who switch” but not “drivers who get quotes” save that much. That is how companies can truthfully make those claims.

Because of the profiling, you need to get a wide range of price quotes. It’s just too difficult to predict which insurance companies will have the lowest Cadillac STS insurance rates.

Auto insurance coverage basics

Having a good grasp of your auto insurance policy aids in choosing the right coverages at the best deductibles and correct limits. Auto insurance terms can be confusing and even agents have difficulty translating policy wording.

Uninsured/Underinsured Motorist (UM/UIM)

This gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered losses include medical payments for you and your occupants and damage to your Cadillac STS.

Because many people only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. So UM/UIM coverage should not be overlooked. Frequently these coverages are similar to your liability insurance amounts.

Comprehensive insurance

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for claims such as damage from flooding, hail damage and vandalism. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP reimburse you for bills such as funeral costs, EMT expenses and chiropractic care. They are often used to fill the gap from your health insurance policy or if there is no health insurance coverage. It covers all vehicle occupants and will also cover getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Auto collision coverage

Collision coverage pays for damage to your STS from colliding with another car or object. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage protects against things such as scraping a guard rail, hitting a mailbox, sustaining damage from a pot hole and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Liability insurance

Liability insurance protects you from damage that occurs to other people or property in an accident. This insurance protects YOU from claims by other people, and doesn’t cover your own vehicle damage or injuries.

It consists of three 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 translate to $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and property damage coverage for $25,000. Another option is one limit called combined single limit (CSL) which provides one coverage limit rather than limiting it on a per person basis.

Liability can pay for things like emergency aid, funeral expenses, loss of income, bail bonds and pain and suffering. How much coverage you buy is a personal decision, but consider buying as high a limit as you can afford.

Coverage on a shoestring budget

As you shop your coverage around, you should never skimp on critical coverages to save a buck or two. In too many instances, an accident victim reduced liability coverage limits only to regret that their decision to reduce coverage ended up costing them more. Your aim should be to get the best coverage possible for the lowest price.

People leave their current company for any number of reasons including extreme rates for teen drivers, delays in paying claims, an unsatisfactory settlement offer or even questionable increases in premium. Regardless of your reason for switching companies, switching companies is not as hard as you think.

In this article, we covered quite a bit of information on how to reduce 2008 Cadillac STS insurance prices online. The most important thing to understand is the more companies you get rates for, the better likelihood of reducing your rate. Consumers could even find that the lowest premiums are with some of the lesser-known companies.

To read more, link through to the articles below: