Cheap 1993 Cadillac Eldorado Car Insurance Rates

Think you have an expensive auto insurance policy? Say no more because there are a lot of people just like you who feel imprisoned by their auto insurance policy.

Since you have so many auto insurance companies to choose from, it is very difficult to choose the lowest cost auto insurance provider.

Smart consumers take time to get comparison quotes on a regular basis since prices change frequently. Just because you had the best deal on Eldorado insurance two years ago there is a good chance you can find better premium rates now. Forget anything you know (or think you know) about auto insurance because you’re going to get a crash course in the only way to save on auto insurance.

Finding affordable coverage is easy if you know what you’re doing. Basically, every vehicle owner who buys auto insurance will be able to find better rates. But car owners can benefit by having an understanding of how the larger insurance companies determine prices because it can help you find the best coverage.

These discounts can reduce car insurance rates

Auto insurance companies don’t necessarily list every policy discount very clearly, so we took the time to find both well-publicized and also the lesser-known discounts you could be receiving when you buy auto insurance online.

• Seat Belt Discounts – Drivers who require all vehicle occupants to buckle up can save 10% or more on medical payment and PIP coverage.
• Resident Student – Older children who are enrolled in higher education away from home and do not have a car can be insured at a reduced rate.
• Employee of Federal Government – Active or retired federal employment may reduce rates when you quote auto insurance on Eldorado insurance but check with your company.
• Drivers Education – Cut your cost by having your teen driver complete a driver education course as it will make them better drivers and lower rates.
• Home Ownership Discount – Owning a house may trigger a policy discount on car insurance because maintaining a house shows financial diligence.
• Discount for Low Mileage – Driving less can qualify you for better premium rates on cars that stay parked.
• Defensive Driver Discount – Taking time to complete a defensive driving course may get you a small discount and easily recoup the cost of the course.
• Safe Driver Discounts – Accident-free drivers may receive a discount up to 45% on Eldorado insurance as compared to drivers with claims.
• Multiple Policy Discount – If you insure your home and vehicles with the same company you will save at least 10 to 15 percent or more.

It’s important to understand that most credits do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like comp or med pay. So even though you would think it’s possible to get free car insurance, you’re out of luck. But any discount will cut your overall bill.

The best car insurance companies and their offered discounts can be found below.

• State Farm offers discounts including accident-free, Drive Safe & Save, passive restraint, Steer Clear safe driver discount, safe vehicle, and multiple policy.
• Geico policyholders can earn discounts including defensive driver, air bags, multi-policy, driver training, five-year accident-free, and good student.
• Progressive may have discounts that include online quote discount, good student, multi-vehicle, multi-policy, and homeowner.
• 21st Century has discounts for theft prevention, anti-lock brakes, early bird, defensive driver, student driver, automatic seat belts, and driver training.
• American Family includes discounts for mySafetyValet, accident-free, multi-vehicle, bundled insurance, good student, and TimeAway discount.
• The Hartford offers discounts for anti-theft, driver training, air bag, good student, defensive driver, and vehicle fuel type.
• AAA may include discounts for AAA membership discount, multi-policy, good student, pay-in-full, education and occupation, and good driver.

When comparing rates, check with each company or agent the best way to save money. Some discounts may not apply to policies in your area. If you would like to choose from a list of providers that offer multiple discounts, click here to view.

When do I need an agent’s advice?

When choosing coverage for your personal vehicles, there really is no “perfect” insurance plan. Every situation is different so your insurance needs to address that. For example, these questions can help discover if you would benefit from an agent’s advice.

• Am I covered if my car is in a flood?
• What vehicles should carry emergency assistance coverage?
• Do I pay less for low miles?
• Will filing a claim cost me more?
• How much can I save by bundling my policies?
• When should I buy a commercial auto policy?
• Is my state a no-fault state?
• How much liability insurance is required?
• I have health insurance so do I need medical payments coverage?
• Why am I required to get a high-risk car insurance policy?

If you’re not sure about those questions but one or more may apply to you then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Auto insurance 101

Understanding the coverages of your insurance policy can be of help when determining which coverages you need and the correct deductibles and limits. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages found on most insurance policies.

Liability coverage – Liability insurance protects you from damages or injuries you inflict on a person or their property that is your fault. This coverage protects you against other people’s claims. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show limits of 25/50/25 which stand for $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and a total limit of $25,000 for damage to vehicles and property.

Liability insurance covers things such as emergency aid, funeral expenses, repair costs for stationary objects and medical services. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

UM/UIM Coverage – This protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include hospital bills for your injuries and damage to your 1993 Cadillac Eldorado.

Because many people have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is important protection for you and your family.

Comprehensive or Other Than Collision – This pays for damage from a wide range of events other than collision. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims such as damage from getting keyed, theft, hitting a deer and rock chips in glass. The most your insurance company will pay is the cash value of the vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Collision – This coverage pays for damage to your Eldorado resulting from a collision with a stationary object or other vehicle. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as hitting a mailbox, rolling your car, crashing into a ditch, crashing into a building and driving through your garage door. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also raise the deductible to get cheaper collision coverage.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage provide coverage for expenses like funeral costs, dental work, surgery, X-ray expenses and EMT expenses. They are used in conjunction with a health insurance policy or if you do not have health coverage. Medical payments and PIP cover you and your occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available but can be used in place of medical payments coverage

Best coverage at the best price

Throughout this article, we presented a lot of information how to shop for 1993 Cadillac Eldorado insurance online. The most important thing to understand is the more companies you get premium rates for, the better your comparison will be. Drivers may discover the best car insurance rates are with a small mutual company. Regional companies may only write in your state and offer lower premium rates as compared to the big name companies such as Allstate or State Farm.

More affordable auto insurance is definitely available both online and also from your neighborhood agents, and you should be comparing both so you have a total pricing picture. A few companies may not offer the ability to get a quote online and most of the time these smaller providers prefer to sell through independent insurance agents.

As you go through the steps to switch your coverage, it’s not a good idea to buy lower coverage limits just to save a few bucks. There have been many situations where consumers will sacrifice liability limits or collision coverage to discover at claim time that the small savings ended up costing them much more. Your focus should be to purchase plenty of coverage at the lowest possible cost, not the least amount of coverage.

More detailed auto insurance information is available by following these links:

• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• Speed and Speed Limit FAQ (iihs.org)
• Should I Buy a New or Used Car? (Allstate)
• Get the Right Protection (InsureUonline.org)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Young Drivers: The High Risk Years Video (iihs.org)