1998 Cadillac Catera Car Insurance Cost – 8 Tips for Best Prices

Trying to find cheaper insurance rates for your Cadillac Catera? No sane person enjoys paying for insurance, especially knowing their premiums are through the roof. Big-name insurance companies like Allstate and Progressive increase brand awareness with advertising and it is challenging if not impossible to separate fact from fiction and do the work needed to find the best deal.

Cut your car insurance rates with these eight discounts

Some insurers don’t always advertise every discount they offer in a way that’s easy to find, so we researched both well-publicized as well as the least known credits available to you.

• Home Ownership Discount – Owning a house can earn you a little savings since owning and maintaining a home requires a higher level of personal finance.
• Sign Online – A few larger online companies give back up to $50 shop insurance coverage over the internet.
• Theft Deterent – Vehicles that have factory alarm systems and tracking devices are less likely to be stolen and therefore earn up to a 10% discount.
• Discounts for Responsible Drivers – Safe drivers can get discounts for up to 45% lower rates on Catera coverage as compared to drivers with claims.
• Student Discounts – Maintaining excellent grades could provide a savings of up to 20% or more. Earning this discount can benefit you up to age 25.
• Distant Student Discount – Any of your kids who live away from home to go to college and don’t have a car may qualify for this discount.
• Multi-car Discount – Drivers who insure multiple cars on a single policy can reduce rates for all insured vehicles.
• Renewal Discounts – Select companies give a discount for switching to them prior to your current policy expiration. It could save around 10% when you buy insurance coverage online.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only cut individual premiums such as comprehensive or collision. So even though it sounds like you would end up receiving a 100% discount, company stockholders wouldn’t be very happy.

Large car insurance companies and a partial list of their discounts include:

• State Farm has savings for student away at school, good driver, driver’s education, multiple policy, Drive Safe & Save, and good student.
• Progressive includes discounts for multi-policy, online signing, continuous coverage, multi-vehicle, homeowner, online quote discount, and good student.
• Progressive offers premium reductions for good student, multi-vehicle, homeowner, online quote discount, online signing, and continuous coverage.
• MetLife may include discounts for accident-free, good driver, multi-policy, claim-free, good student, and defensive driver.
• Farm Bureau discounts include driver training, youthful driver, multi-policy, good student, safe driver, and 55 and retired.
• Geico offers discounts including multi-policy, good student, driver training, seat belt use, and multi-vehicle.
• SAFECO offers discounts for safe driver, teen safety rewards, accident prevention training, bundle discounts, and anti-theft.

If you are trying to find inexpensive insurance coverage quotes, ask each company which discounts you may be entitled to. All car insurance discounts might not be offered in your state. To choose insurers with significant discounts, click this link.

You are unique and your insurance coverage should be too

When it comes to choosing coverage for your vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that These are some specific questions may help you determine whether or not you might need professional guidance.

• Do I need added coverage for expensive stereo equipment?
• Is other people’s property covered if stolen from my vehicle?
• Am I covered if I drive in a foreign country?
• Does my policy cover my teen driver if they drive my company car?
• Does my 1998 Cadillac Catera qualify for pleasure use?
• How much liability insurance is required?

If you can’t answer these questions but a few of them apply, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and may give you better protection.

Parts of your auto insurance policy

Knowing the specifics of your policy helps when choosing the right coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages offered by auto insurance companies.

Collision coverage

This will pay to fix damage to your Catera from colliding with another vehicle or an object, but not an animal. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as hitting a parking meter, sustaining damage from a pot hole, scraping a guard rail, colliding with a tree and backing into a parked car. Collision is rather expensive coverage, so consider removing coverage from older vehicles. It’s also possible to increase the deductible in order to get cheaper collision rates.

Uninsured or underinsured coverage

This protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Normally these coverages do not exceed the liability coverage limits.

Liability coverages

Liability insurance protects you from damage or injury you incur to other’s property or people. It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have policy limits of 50/100/50 that translate to $50,000 bodily injury coverage, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Occasionally you may see a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims like pain and suffering, court costs and loss of income. How much coverage you buy is up to you, but consider buying as large an amount as possible.

Comprehensive protection

Comprehensive insurance pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against claims like fire damage, rock chips in glass, hitting a deer and damage from getting keyed. The most you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.

Medical expense coverage

Med pay and PIP coverage reimburse you for bills for funeral costs, ambulance fees, hospital visits and surgery. The coverages can be used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover all vehicle occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

In Summary

When getting insurance coverage quotes online, you should never reduce needed coverages to save money. In many instances, drivers have reduced full coverage only to regret that the small savings ended up costing them much more. Your strategy should be to purchase plenty of coverage at the best price, but do not skimp to save money.

Some companies may not have online rate quotes and usually these smaller providers only sell coverage through independent agents. Low-cost 1998 Cadillac Catera insurance is available both online and from local agencies, so you should compare both in order to have the best chance of saving money.

We just showed you some good ideas how you can lower your 1998 Cadillac Catera insurance rates. The key thing to remember is the more price quotes you have, the higher the chance of saving money. Consumers could even find that the lowest rates come from a small mutual company. These companies may only write in your state and offer lower car insurance rates than their larger competitors like State Farm and Allstate.

To read more, take a look at the resources below:

• Distracted Driving (Insurance Information Insitute)
• Uninsured Motorists: Threats on the Road (Insurance Information Insitute)
• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• Get the Right Protection (InsureUonline.org)
• Auto Theft Statistics (Insurance Information Insitute)