Have you fallen victim to an underperforming, overpriced car insurance policy? Trust us when we tell you many consumers are feeling buyer’s remorse and feel like there’s no way out. Big companies like State Farm, Allstate, Geico and Progressive promote their brand names with TV and radio ads and consumers find it hard to see past the corporate glitz and do the work needed to find the best deal.
Performing a rate comparison can be exhausting if you don’t understand the fastest way to get free quotes. You can spend countless hours talking to insurance companies in your area, or you can utilize online quotes to get rate comparisons in just a few minutes.
Many popular insurance companies participate in an industry program that allows shoppers to enter their policy data once, and at least one company can provide price quotes. This system prevents you from having to do quote forms for each company.
To compare 2015 Cadillac CTS rates using this form now click to open in new window.
One minor caviat to comparing rates this way is you cannot specify which providers to receive prices from. So if you want to choose from a list of companies to compare rates, we have a page of low cost auto insurance companies in your area. Click here for list of insurance companies.
It’s up to you how you get prices quotes, just be sure to compare apples-to-apples coverage limits and deductibles for every quote you compare. If you enter different limits and deductibles on each one it’s impossible to truly determine the lowest rate.
Companies offering auto insurance don’t necessarily list every available discount very clearly, so we researched some of the best known and also the lesser-known ways to save on insurance coverage. If you’re not getting every credit possible, you are throwing money away.
A little note about advertised discounts, some of the credits will not apply to the overall cost of the policy. Most only cut the cost of specific coverages such as comprehensive or collision. Just because it seems like you can get free auto insurance, insurance coverage companies aren’t that generous.
To see a list of insurance companies with discount insurance coverage rates, follow this link.
It’s important that you understand the factors that go into determining the rates you pay for auto insurance. When you know what positively or negatively determines base rates helps enable you to make changes that may reward you with much lower annual insurance costs.
When buying the right insurance coverage for your personal vehicles, there really is not a single plan that fits everyone. Everyone’s situation is a little different so your insurance needs to address that. For example, these questions can help discover whether your personal situation will benefit from professional help.
If it’s difficult to answer those questions, then you may want to think about talking to an agent. To find an agent in your area, take a second and complete this form or click here for a list of auto insurance companies in your area. It’s fast, free and you can get the answers you need.
Drivers can’t ignore all the ads that promise big savings by companies like 21st Century, Allstate and State Farm. All the companies make an identical promise that you can save if you change to them.
How can each company say the same thing?
All the different companies are able to cherry pick for the type of driver that earns them a profit. For example, a profitable customer could be between the ages of 40 and 55, is a homeowner, and drives newer vehicles. A customer getting a price quote who meets those qualifications gets the lowest rates and as a result will probably save quite a bit of money when switching.
Drivers who don’t measure up to this ideal profile will have to pay more money and this can result in the customer not buying. The ads say “customers that switch” not “people who quote” save that kind of money. That’s the way insurance companies can confidently make the claims of big savings. Because of the profiling, you should get as many comparisons as possible. It is impossible to predict the company that will give you the biggest savings on Cadillac CTS insurance.
Learning about specific coverages of your car insurance policy aids in choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Listed below are the usual coverages found on most car insurance policies.
Medical expense insurance – Coverage for medical payments and/or PIP provide coverage for bills like doctor visits, X-ray expenses, EMT expenses and surgery. They can be utilized in addition to your health insurance plan or if you lack health insurance entirely. They cover not only the driver but also the vehicle occupants in addition to getting struck while a pedestrian. PIP is only offered in select states and may carry a deductible
Protection from uninsured/underinsured drivers – This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, their limits can quickly be used up. So UM/UIM coverage should not be overlooked.
Comprehensive (Other than Collision) – This coverage covers damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.
Comprehensive can pay for things like damage from a tornado or hurricane, theft, hail damage and vandalism. The most you can receive from a comprehensive claim is the market value of your vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.
Liability car insurance – Liability coverage will cover injuries or damage you cause to a person or their property. It protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.
Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.
Liability coverage pays for claims such as court costs, emergency aid and attorney fees. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying as large an amount as possible.
Collision coverages – This coverage will pay to fix damage to your CTS resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.
Collision coverage protects against things like crashing into a ditch, hitting a mailbox, sustaining damage from a pot hole, rolling your car and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.
Budget-conscious 2015 Cadillac CTS insurance is available both online as well as from independent agents, and you need to comparison shop both to have the best rate selection. There are still a few companies who don’t offer you the ability to get quotes online and usually these small, regional companies provide coverage only through local independent agents.
As you restructure your insurance plan, it’s a bad idea to reduce coverage to reduce premium. In many instances, an insured dropped full coverage only to discover later that they should have had better coverage. Your strategy should be to purchase a proper amount of coverage at a price you can afford, not the least amount of coverage.
Additional insurance information can be found at these links: