Cheaper 2012 Cadillac Escalade EXT Insurance Rates

I can’t think of a single person who looks forward to paying for insurance, especially knowing they are paying too much. Big-name insurance companies like State Farm, Progressive and Geico increase brand awareness with TV and radio ads and it is difficult to separate fact from fiction and find the best price available.

You should make it a habit to compare rates occasionally because insurance rates are rarely the same from one policy term to another. If you had the best price for Escalade EXT insurance a couple years back there is a good chance you can find better rates now. Don’t believe everything you read about insurance on the internet, so with this article, you’re going to get some of the best ways to buy insurance cheaper.

If you have a policy now or are just looking to switch companies, you can learn to shop for the lowest rates while maintaining coverages. Finding affordable coverage is not that difficult. Vehicle owners just need to understand the proper way to get comparison rates on the web.

Cadillac Escalade EXT rates are complex

It’s important that you understand the factors that go into determining the price you pay for insurance coverage. Understanding what controls the rates you pay helps enable you to make changes that can help you get better insurance coverage rates.

  • Liability coverage is peace of mind – Your policy’s liability coverage is the coverage that protects you when you are found liable for damages caused by your negligence. Liability provides legal defense which can be incredibly expensive. Liability insurance is quite affordable as compared to coverage for physical damage, so do not skimp.
  • Your stress level may be raising your rates – Occupations like doctors, executives and dentists tend to have the highest average rates due to stressful work requirements and long work hours. Other occupations like actors, historians and the unemployed receive lower rates for Escalade EXT insurance.
  • Do you qualify for a multi-policy discount? – The majority of insurance companies will award you with lower prices to people who carry more than one policy, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to compare rates to ensure the best deal.
  • Do you know your deductibles? – Insurance for physical damage to your car, also known as collision and other-than-collision, is used to repair damage to your Cadillac. Some instances where coverage would apply would be a windshield shattered by a rock, vandalism, or theft. Physical damage deductibles are how much you are willing to pay before your insurance coverage pays a claim. The more you are required to pay out-of-pocket, the lower your rates will be for Escalade EXT insurance.
  • Safer occupants lowers premiums – Cars with high safety ratings get lower rates. These vehicles protect occupants better and better occupant protection translates into fewer and smaller insurance claims and thus lower rates. If your Cadillac Escalade EXT earned at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website it may be receiving lower rates.
  • Being married can save on insurance coverage – Having a spouse can actually save you money on your policy. It is viewed as being more mature and it’s statistically proven that married couples file fewer claims.
  • Special features that cut premiums – Purchasing a vehicle with a theft deterrent system can get you a discount on your insurance coverage. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your vehicle from being stolen.
  • Poor driving leads to higher costs – Even a single citation can boost insurance rates by as much as thirty percent. Careful drivers get better rates than people who have multiple driving citations. Drivers who get severe violations like reckless driving, hit and run or driving under the influence may be required to file a proof of financial responsibility form (SR-22) with their state DMV in order to drive a vehicle legally.

Discounts can save BIG

Auto insurance companies don’t always list every discount very well, so we researched both well-publicized and the more hidden savings tricks you should be using. If you don’t get every credit possible, you are throwing money away.

  • More Vehicles More Savings – Buying coverage for multiple cars or trucks with the same company can get a discount on all vehicles.
  • Senior Discount – If you’re over the age of 55, you may receive reduced rates for Escalade EXT insurance.
  • One Accident Forgiven – Some insurance companies permit an accident before your rates go up so long as you haven’t had any claims for a particular time prior to the accident.
  • Auto/Home Discount – When you combine your home and auto insurance with one insurance company you may save 10% to 20% off each policy.
  • Student in College – Youth drivers living away from home attending college and do not have access to a covered vehicle may qualify for this discount.
  • Anti-lock Brakes – Vehicles equipped with ABS or steering control can avoid accidents and will save you 10% or more.
  • Safe Drivers – Insureds without accidents may save up to 50% more for Escalade EXT insurance than their less cautious counterparts.
  • Early Switch Discount – Some insurance companies reward drivers for signing up before your current expiration date. It’s a savings of about 10%.

Consumers should know that most of the big mark downs will not be given to the entire cost. Most only apply to individual premiums such as collision or personal injury protection. So even though they make it sound like you can get free auto insurance, companies wouldn’t make money that way.

A partial list of companies who might offer these benefits include:

Double check with each insurance company which discounts they offer. Savings may not be available in every state.

Will just any policy work for me?

When it comes to choosing the right insurance coverage for your vehicles, there really is no cookie cutter policy. Every insured’s situation is different so your insurance should reflect that These are some specific questions may help you determine whether or not you could use an agent’s help.

  • How high should my uninsured/underinsured coverage be in my state?
  • Does coverage extend to a rental car in a foreign country?
  • Am I covered when renting a car or should I buy coverage from the car rental agency?
  • Does my medical payments coverage pay my health insurance deductible?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Do I have coverage if my license is suspended?
  • Is my custom paint covered by insurance?
  • Are split liability limits better than a combined single limit?
  • What are the financial responsibility laws in my state?

If you don’t know the answers to these questions, then you may want to think about talking to an agent. To find lower rates from a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and you can get the answers you need.

Car insurance coverage breakdown

Having a good grasp of your policy can help you determine appropriate coverage and the correct deductibles and limits. Car insurance terms can be ambiguous and coverage can change by endorsement. Below you’ll find typical coverage types offered by car insurance companies.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses for X-ray expenses, dental work and ambulance fees. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants as well as any family member struck as a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

Auto liability insurance

This can cover damages or injuries you inflict on other people or property. It protects YOU from claims by other people. It does not cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 100/300/100 which stand for $100,000 bodily injury coverage, a per accident bodily injury limit of $300,000, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage pays for things such as funeral expenses, structural damage, loss of income and repair bills for other people’s vehicles. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford.

Uninsured and underinsured coverage

This protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries as well as your vehicle’s damage.

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 should not be overlooked.

Comprehensive coverages

This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things like damage from a tornado or hurricane, damage from getting keyed, a broken windshield and a tree branch falling on your vehicle. The highest amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Collision coverage protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and then insurance will cover the remainder.

Collision coverage protects against claims such as hitting a mailbox, crashing into a building, scraping a guard rail and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. Drivers also have the option to raise the deductible to get cheaper collision coverage.

In any little way, save everyday

We just showed you many ways to save on 2012 Cadillac Escalade EXT insurance. It’s most important to understand that the more companies you get rates for, the higher the chance of saving money. You may even find the lowest premiums are with the smaller companies. Some small companies may only write in your state and offer lower rates compared to the large companies like State Farm or Progressive.

As you restructure your insurance plan, it’s not a good idea to reduce coverage to reduce premium. There are a lot of situations where consumers will sacrifice uninsured motorist or liability limits only to discover later they didn’t purchase enough coverage. Your aim should be to buy enough coverage at a price you can afford, not the least amount of coverage.

Cheaper insurance is available both online and also from your neighborhood agents, and you need to price shop both to get a complete price analysis. Some insurance companies may not provide you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.

Additional detailed information is available in these articles: