How Much Does 1999 Cadillac Eldorado Car Insurance Cost?

Are you at wits end from paying out the nose to buy insurance? You are in the same boat as many other drivers. Insurance companies such as Allstate, Progressive and Geico constantly blast consumers with catchy ads and it is challenging if not impossible to ignore the promise of big savings and take the time to shop coverage around.

If you have insurance now or are just looking to switch companies, you can use these tips to find the best rates and possibly find even better coverage. Finding affordable coverage is not that difficult. Drivers just need to know how to compare prices online.

Discounts to earn lower-cost insurance coverage rates

The price of auto insurance can be rather high, but discounts can save money and there are some available that may help make it more affordable. Many of these discounts will be applied automatically at the time of purchase, but once in a while a discount must be specially asked for in order for you to get them.

• Early Renewal Discounts – Some companies give discounts for switching policies prior to the expiration date on your current policy. Ten percent is about the average savings.
• Telematics Data Discounts – Policyholders that allow driving data submission to spy on vehicle usage by installing a telematics device such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they have good driving habits.
• Student Driver Training – Cut your cost by having your teen driver complete a driver education course in school or through a local driver safety program.
• Multi-Vehicle Discounts – Purchasing coverage when you have several vehicles on one policy can get a discount for every vehicle.
• Defensive Driver Discounts – Participating in a course teaching safe driver skills is a good idea and can lower rates if your company offers it.

Consumers should know that some credits don’t apply to the overall cost of the policy. Some only reduce specific coverage prices like collision or personal injury protection. Just because you may think all the discounts add up to a free policy, companies wouldn’t make money that way.

A list of insurance coverage companies and a summarized list of policyholder discounts are shown below.

• State Farm may offer discounts for driver’s education, multiple policy, defensive driving training, accident-free, anti-theft, and Steer Clear safe driver discount.
• Progressive offers premium reductions for online quote discount, good student, continuous coverage, homeowner, and online signing.
• Progressive policyholders can earn discounts including multi-policy, good student, homeowner, online signing, continuous coverage, and online quote discount.
• MetLife has discounts for defensive driver, multi-policy, claim-free, accident-free, good driver, and good student.
• Farm Bureau may include discounts for good student, renewal discount, safe driver, multi-vehicle, multi-policy, and 55 and retired.
• Geico offers discounts for anti-theft, multi-policy, seat belt use, federal employee, and driver training.
• SAFECO offers discounts including anti-lock brakes, drive less, homeowner, bundle discounts, safe driver, anti-theft, and teen safe driver.

Before you buy a policy, ask each company or agent what discounts are available to you. Discounts may not be available everywhere. If you would like to see a list of providers offering insurance coverage discounts, follow this link.

How to lower your insurance prices

Many things are considered when pricing auto insurance. Some factors are common sense like your driving record, but others are not as apparent like your vehicle usage or how financially stable you are.When buying auto insurance it’s important to understand the factors that go into determining your policy premiums. When consumers understand what influences your rates, this enables you to make decisions that will entitle you to lower auto insurance prices.

Shown below are most of the major factors used by insurance companies to determine your rates.

• Men pay more for auto insurance – Over the last 30 years, statistics show that men are more aggressive behind the wheel. This data doesn’t prove that females are better drivers. Males and females are in at-fault accidents in similar numbers, but the males have costlier accidents. Not only are claims higher, but men get ticketed for serious violations like reckless driving and DUI. Males from age 16 to 21 cause the most accidents and thus pay the highest rates.
• Deter theft and pay less – Buying a car with a theft deterrent system can save you a little every year. Theft deterrent systems such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping auto theft.
• Improve your credit history and save – An insured’s credit rating is likely to be a major factor in determining your rates. Consumers who have excellent credit scores tend to be better drivers and file fewer claims than drivers who have lower ratings. So if your credit score is low, you could be paying less to insure your 1999 Cadillac Eldorado by repairing your credit.
• Tickets can be expensive – Being a careful driver has a huge affect on how much you pay. Having just one driving citation may increase your cost by as much as twenty percent. Attentive drivers pay less for auto insurance than their less careful counterparts. Drivers unfortunate enough to have severe violations like DUI or reckless driving may be required to complete a SR-22 with their state DMV in order to prevent their license from being revoked.
• How many coverages with the same company – Most major insurers afford a discount to customers that buy multiple policies, otherwise known as a multi-policy discount. Even with this discount applied, drivers will still want to comparison shop to guarantee you are still saving the most.

Tailor your insurance coverage coverage to you

When choosing adequate coverage, there is no “perfect” insurance plan. Everyone’s needs are different and your policy should reflect that. Here are some questions about coverages that may help you determine if you might need professional guidance.

• Can I make deliveries for my home business?
• How high should my uninsured/underinsured coverage be in my state?
• Who is covered by my policy?
• Is my teenager covered with friends in the car?
• What discounts do I qualify for?
• Am I better off with higher deductibles on my 1999 Cadillac Eldorado?
• Does my insurance cover damage caused when ticketed for reckless driving?
• Should I get collision insurance on every vehicle?
• How high should deductibles be on a 1999 Cadillac Eldorado?
• Do I get a pro-rated refund if I cancel my policy early?

If you don’t know the answers to these questions but one or more may apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It is quick, free and can help protect your family.

Car insurance coverages 101

Learning about specific coverages of your car insurance policy can be of help when determining the right coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy. Below you’ll find the usual coverages found on most car insurance policies.

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists either have no liability insurance or not enough. Covered losses include hospital bills for your injuries and also any damage incurred to your 1999 Cadillac Eldorado.

Since a lot of drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages should not be overlooked. Normally your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.

Coverage for collisions

This coverage will pay to fix damage to your Eldorado resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against things like driving through your garage door, hitting a mailbox, colliding with another moving vehicle, backing into a parked car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are 8 years or older. It’s also possible to choose a higher deductible in order to get cheaper collision rates.

Comprehensive or Other Than Collision

This covers damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like hitting a deer, a tree branch falling on your vehicle and damage from a tornado or hurricane. The highest amount your car insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability coverages

This protects you from damages or injuries you inflict on people or other property in an accident. It protects YOU from legal claims by others, and doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see limits of 100/300/100 which means $100,000 bodily injury coverage, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL which provides one coverage limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims such as loss of income, funeral expenses, repair costs for stationary objects, medical services and pain and suffering. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Medical costs insurance

Med pay and PIP coverage provide coverage for short-term medical expenses like chiropractic care, doctor visits, rehabilitation expenses and nursing services. They can be used to fill the gap from your health insurance plan or if you do not have health coverage. They cover both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not universally available but can be used in place of medical payments coverage

Do the work, save more money

We just showed you many ways to get a better price on 1999 Cadillac Eldorado insurance. It’s most important to understand that the more times you quote, the more likely it is that you will get a better rate. You may even discover the best car insurance rates are with a lesser-known regional company. Regional companies may have significantly lower premium rates on certain market segments than the large multi-state companies such as Allstate, Geico and Progressive.

Some insurance companies do not provide rate quotes online smaller providers prefer to sell through independent insurance agents. Cost effective 1999 Cadillac Eldorado insurance is attainable online and also from your neighborhood agents, and you need to comparison shop both so you have a total pricing picture.

When trying to cut insurance costs, it’s very important that you do not skimp on critical coverages to save a buck or two. There are many occasions where an accident victim reduced liability limits or collision coverage and learned later that the savings was not a smart move. The aim is to get the best coverage possible at the best price but still have enough coverage for asset protection.

More tips and info about insurance coverage can be found at these sites:

• Distracted Driving Extends Beyond Texting (State Farm)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Neck Injury FAQ (iihs.org)
• Insuring a Leased Car (Insurance Information Insitute)
• Vehicle Size and Weight FAQ (iihs.org)