1997 Cadillac Eldorado Insurance Quotes

Searching for cheaper insurance rates for your Cadillac Eldorado? No normal person gets a kick out of paying for insurance, especially when they know it costs too dang much. There are many car insurance companies to pick from, and though it is a good thing to have a selection, it can be more difficult to find the lowest rates.

Car insurance discounts are available to reduce your rates

Insurance can be prohibitively expensive, but there’s a good chance there are discounts to help bring down the price. A few discounts will be applied when you purchase, but some need to be asked for prior to receiving the credit. If you check and find you aren’t receiving every discount you qualify for, it’s possible you qualify for a lower rate.

• Switch and Save Discount – Some larger companies provide a discount for buying a new policy prior to the expiration date on your current policy. Ten percent is about the average savings.
• Good Student – This discount can save 20 to 25%. You can use this discount normally up until you turn 25.
• Save with More Vehicles Insured – Drivers who insure several vehicles on one policy can reduce rates for all insured vehicles.
• Home Ownership Discount – Just owning your own home can save a few bucks because owning a home requires personal responsibility.
• Student Driver Training – Teen drivers should sucessfully take a drivers education course as it can save substantially.

Discounts reduce rates, but you should keep in mind that most discount credits are not given to the entire policy premium. Most only cut the cost of specific coverages such as liability, collision or medical payments. So even though they make it sound like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Larger car insurance companies and the discounts they provide are:

• State Farm has discounts for multiple autos, Steer Clear safe driver discount, accident-free, multiple policy, passive restraint, and safe vehicle.
• Geico policyholders can earn discounts including anti-lock brakes, multi-vehicle, daytime running lights, driver training, and membership and employees.
• Allstate offers premium reductions for utility vehicle, good student, safe driver, premier plus, teenSMART discount, and anti-lock brakes.
• SAFECO offers discounts including accident prevention training, drive less, homeowner, teen safe driver, and bundle discounts.
• Farm Bureau discounts include good student, multi-vehicle, youthful driver, 55 and retired, and driver training.
• Progressive may have discounts that include good student, online quote discount, multi-vehicle, homeowner, online signing, and multi-policy.
• AAA has savings for anti-theft, good driver, AAA membership discount, multi-car, good student, pay-in-full, and multi-policy.

Before you buy a policy, ask every insurance company the best way to save money. Some of the discounts discussed earlier might not be offered on policies in your area.

The cheapest insurance coverage quotes

There are a variety of methods to compare insurance coverage prices but there is one way that is more efficient than others. You can waste a lot of time driving to insurance companies in your area, or you can stay home and use online quotes to maximize your effort.

Many insurance companies enroll in a system that allows shoppers to send in one quote, and every company then returns a price quote. This eliminates the need for quote forms to each individual insurance coverage company.

To participate in this free quote system, click to open in new window.

The one downside to getting quotes like this is you can’t choose which companies you want to price. If you wish to select specific providers to compare prices, we have assembled a list of low cost insurance coverage companies in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, be certain you are entering identical coverage information with every price quote. If you use different limits and deductibles on each one you will not be able to get a fair rate comparison.

Eight tips to get more affordable insurance prices

When buying car insurance it’s important to understand the different types of things that are used to determine your car insurance rates. If you have some idea of what controls the rates you pay, this enables informed choices that will entitle you to cheaper rates.

• Your vocation can affect car insurance rates – Occupations like doctorspolice officers and dentists usually pay higher rates than average due to intense work-related stress and lots of time spent at work. On the flip side, professions such as professors, historians and performers have the lowest average rates for Eldorado insurance.
• Where you live factors in – Having an address in less populated areas can be a good thing if you are looking for the lowest rates. Drivers who live in large cities tend to have more traffic problems and much longer commute distances. Fewer drivers on the road translates into fewer accident claims and a lower car theft rate.
• Choose high NHTSA crash test ratings and save – Cars with high safety ratings cost less to insure. These vehicles have better occupant injury protection and lower injury rates means lower claim amounts and more competitive rates for policyholders. If your Cadillac Eldorado is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may be receiving a better rate.
• Always have car insurance – Letting your insurance expire is a sure-fire way to trigger a rate increase. Not only will rates go up, not being able to provide proof of insurance may result in a hefty fine and possibly a revoked license.
• Alarms and GPS tracking lower premiums – Choosing a vehicle that has a built-in theft deterrent system can get you a discount on your car insurance. Theft prevention features such as GM’s OnStar, tamper alarm systems and vehicle immobilizers all aid in stopping car theft and help bring rates down.
• Women tend to cost less – Over the last 50 years, statistics have shown that women are safer drivers than men. This data doesn’t prove that women are BETTER drivers than men. Women and men cause accidents at about the same rate, but males cause more damage and cost insurance companies more money. Men also get more serious tickets like reckless driving and DUI. Youthful male drivers tend to get in the most accidents so they pay the highest premiums.
• File a insurance claims and pay more – If you are a frequent claim filer, you can expect higher rates. Car insurance companies give lower rates to drivers who file claims infrequently. Auto insurance is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.
• Bad driving means higher premiums – Careful drivers tend to pay less for car insurance than bad drivers. Only having one ticket can increase the cost of insurance by as much as thirty percent. Drivers with severe violations such as DUI or reckless driving may face state-mandated requirements to file a SR-22 with the DMV in their state in order to prevent a license revocation.

Everyone needs different insurance coverage coverages

When it comes to choosing adequate coverage, there really is not a single plan that fits everyone. Your needs are not the same as everyone else’s so this has to be addressed. For instance, these questions could help you determine if your insurance needs would benefit from an agent’s advice.

• Why is insurance for a teen driver so high?
• How can I get my company to pay me more for my totalled car?
• Am I covered if I hit a deer?
• Is my state a no-fault state?
• Should I file a claim if it’s only slightly more than my deductible?
• Can my teen drive my company car?
• How much liability insurance is required?

If you can’t answer these questions, you may need to chat with a licensed agent. If you don’t have a local agent, take a second and complete this form or you can also visit this page to select a carrier It’s fast, free and can provide invaluable advice.

Insurance coverages explained

Understanding the coverages of a insurance policy helps when choosing which coverages you need at the best deductibles and correct limits. Insurance terms can be impossible to understand and coverage can change by endorsement. Listed below are the usual coverages offered by insurance companies.

Collision coverage – Collision insurance pays to fix your vehicle from damage resulting from colliding with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things such as hitting a parking meter, backing into a parked car and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to choose a higher deductible to save money on collision insurance.

Comprehensive auto coverage – This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims like hail damage, damage from a tornado or hurricane and theft. The highest amount your insurance company will pay is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

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

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show policy limits of 50/100/50 that means you have a $50,000 limit per person for injuries, a total of $100,000 of bodily injury coverage per accident, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage protects against things such as loss of income, medical expenses and medical services. The amount of liability coverage you purchase is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Medical payments and PIP coverage – Med pay and PIP coverage pay for short-term medical expenses like rehabilitation expenses, nursing services, X-ray expenses and funeral costs. They can be used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal Injury Protection is not an option in every state and may carry a deductible

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle when the “other guys” do not carry enough liability coverage. It can pay for medical payments for you and your occupants as well as damage to your 1997 Cadillac Eldorado.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Save for a rainy day

Budget-friendly insurance coverage is available from both online companies and also from your neighborhood agents, so you need to quote car insurance with both to get a complete price analysis. Some insurance companies don’t offer internet price quotes and these regional carriers only sell through independent insurance agents.

When shopping online for insurance coverage, it’s a bad idea to skimp on critical coverages to save a buck or two. There are a lot of situations where an insured cut comprehensive coverage or liability limits only to discover later that the savings was not a smart move. Your goal should be to buy enough coverage for the lowest cost, but do not sacrifice coverage to save money.

To learn more, take a look at the articles below:

• Eight Auto Insurance Myths (Insurance Information Insitute)
• Red Light Cameras (State Farm)
• Prom Night Tips for Teen Drivers (State Farm)
• Side Impact Crash Tests (iihs.org)
• Vehicle Insurance (Wikipedia)
• Anti-Lock Brake FAQ (iihs.org)