Lower Your 2002 Cadillac Eldorado Insurance Quotes

Searching for the cheapest insurance for your Cadillac Eldorado can normally be an all-consuming task, but you can use our car insurance buying tips to save time. There is a better way to compare car insurance rates so we’re going to tell you the quickest way to price shop coverage for your Cadillac and find the cheapest rates from local insurance agents and online providers.

Smart consumers take time to compare rates on a regular basis due to the fact that insurance prices are rarely the same from one policy term to another. If you had the best deal for Eldorado insurance two years ago you can probably find a lower rate today. Block out anything you think you know about car insurance because I’m going to teach you the things you must know in order to lower your annual insurance bill.

Low cost auto insurance prices

Performing a rate comparison can be exhausting if you aren’t aware of the most efficient way. You can waste a few hours (or days) driving to insurance companies in your area, or you could use the internet to get pricing more quickly.

Most of the best insurance companies belong to a marketplace that enables customers to enter their policy data once, and at least one company can provide price quotes based on that data. This system prevents you from having to do quote requests for each company you want a rate for.

To access this free quoting program, click here to open in new window.

The one disadvantage to pricing coverage this way is that you can’t choose which providers you want pricing from. So if you prefer to pick from a list of companies to compare rates, we have a page of companies who write auto insurance in your area. View list of insurance companies.

Which method you use is up to you, but ensure you’re using the exact same coverage data for each quote you get. If you are comparing different values for each quote then you won’t be able to determine the lowest rate for your Cadillac Eldorado.

Find hidden discounts on insurance

Companies that sell car insurance don’t always publicize every available discount very clearly, so here is a list a few of the more common and also the more inconspicuous credits that you can use to lower your rates. If you’re not getting every credit you qualify for, you are just wasting money.

  • Telematics Discount – Drivers that enable driving data collection to analyze where and when they drive by using a telematics device like In-Drive from State Farm and Progressive’s Snapshot might get better premium rates if they are good drivers.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle up before driving could cut 10% or more off the PIP or medical payment premium.
  • Military Rewards – Having a family member in the military could be rewarded with lower prices.
  • Discounts for Government Workers – Federal government employees may qualify for a discount when you quote insurance for Eldorado insurance depending on your insurance provider.
  • Home Ownership Discount – Just being a homeowner can earn you a little savings since home ownership demonstrates responsibility.
  • Safety Course Discount – Passing a course in driver safety could earn you a small percentage discount if your company offers it.
  • Discounts for Multiple Vehicles – Drivers who insure all your vehicles on the same insurance policy may reduce the rate for each vehicle.

As a disclaimer on discounts, many deductions do not apply to the entire cost. Most cut specific coverage prices like physical damage coverage or medical payments. So when the math indicates you would end up receiving a 100% discount, you won’t be that lucky.

If you would like to see a list of companies who offer online insurance quotes, click this link.

Tailor your insurance coverage coverage to you

When it comes to choosing proper insurance coverage for your personal vehicles, there isn’t really a best way to insure your cars. Every insured’s situation is different.

For example, these questions can aid in determining whether you may require specific advice.

  • Where can I get insurance after a DUI in my state?
  • Will my rates increase for filing one claim?
  • What are the financial responsibility laws in my state?
  • How does medical payments coverage work?
  • Am I covered when driving on a suspended license?
  • Do I need to file an SR-22 for a DUI in my state?

If you’re not sure about those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.

Insurance coverages 101

Having a good grasp of your insurance policy can be of help when determining the best coverages and the correct deductibles and limits. The terms used in a policy can be difficult to understand and coverage can change by endorsement.

Collision coverage

This coverage covers damage to your Eldorado from colliding with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things such as colliding with a tree, scraping a guard rail, backing into a parked car and hitting a mailbox. Paying for collision coverage can be pricey, so consider removing coverage from lower value vehicles. Another option is to choose a higher deductible to bring the cost down.

Comprehensive (Other than Collision)

This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hail damage, a broken windshield, theft, damage from a tornado or hurricane and hitting a bird. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if it’s not worth much more than your deductible consider dropping full coverage.

Protection from uninsured/underinsured drivers

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2002 Cadillac Eldorado.

Because many people carry very low liability coverage limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.

Auto liability insurance

This can cover damages or injuries you inflict on people or other property by causing an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see policy limits of 50/100/50 which stand for $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability insurance covers claims like legal defense fees, bail bonds and medical expenses. The amount of liability coverage you purchase is up to you, but buy as much as you can afford.

Medical expense insurance

Coverage for medical payments and/or PIP provide coverage for expenses for dental work, prosthetic devices, rehabilitation expenses and funeral costs. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers getting struck while a pedestrian. Personal Injury Protection is only offered in select states and may carry a deductible

Comments About 2002 Cadillac Eldorado Insurance

  1. Abel Bolton

    I got quite a few price quotes for a 2002 Cadillac Eldorado in Little Rock, AR. Ended up at roughly $120 every six months with American Family. Insured with Travelers before.

  2. Gigi Kirk

    Good site, thanks. I live just outside Nashville, TN. I got free quotes with AAA, Safeco, and a few others for my Eldorado and saved $81 a year. Left Nationwide to switch. BTW speeding tickets are not good. Not sure if rates are cheaper online or not. My Cadillac doesn’t have full coverage.

  3. Krystina Aguirre

    I’m in Salem, Oregon, and GEICO rates were affordable. Insured with Farmers before. Switched homeowners coverage too. They offer free online rate quotes.

  4. Gwyn Reilly

    Where is cheaper car insurance? From west side of Henderson, NV. Quoted a bunch of companies. Saved about $20 a month. GEICO was the most affordable for me. Insured with MetLife before.

  5. Indira Phelps

    Well-written and thought out article. I live just to the south of Louisville, Kentucky. Got car insurance quotes with Allstate, Auto-Owners, and Eastwood for my Eldorado and saved $94 a year. Just go online and compare their rates. Book value doesn’t justify full coverage anymore.

  6. Leandra Burns

    Corporate greed I’m telling you. I’m in the suburbs of Jersey City, NJ. Got prices from 21st Century, American Family, and Encompass for my 2002 Cadillac Eldorado and saved just over $60 a year. When should I drop full coverage?

  7. Aracelis Jefferson

    Good detail in your article. From northwest of Lexington, KY. Quoted quotes with Progressive, Hanover, and Farmers for my Cadillac and saved around $110 a year. Was with GEICO. I have a teen driver too. I used their online quote form to compare rates. It’s too old for full coverage.

  8. Roselia Melendez

    If you have a good history and live around Rio Rancho, NM, check out State Farm. They seem to be cheaper. Got better coverage too. Only insure liability on my Cadillac.

  9. Louvenia White

    Will Allstate raise rates if I file a claim?

  10. Audra Harding

    I’m in the south part of Portland, ME. Got free quotes online for a 2002 Cadillac Eldorado. Ended up at about $120 savings annually. Went with Allstate. Insured with Amica before. Not sure if rates are cheaper online or not. I only have liability coverage on it.