View 2007 Cadillac Escalade Insurance Rates

Scraping up a payment for pricey Cadillac Escalade insurance can stress out your checking account and put the squeeze on your family’s finances. Doing a price comparison is recommended to reduce premiums and put more money in your pocket.

Lots of insurance companies contend to insure your vehicles, so it’s not easy to compare every provider to find the best rate

How to lower your auto insurance cost

All major auto insurance companies such as 21st Century, Allstate and State Farm provide coverage price quotes on the web. Doing online quotes is fairly straightforward because it’s just a matter of typing in the amount of coverage you want as detailed in the form. Once you submit the form, the company’s rating system pulls information on your driving record and credit history and gives you a price quote determined by many factors. Online price quotes simplifies rate comparisons, but the time required to go to different websites and type in the same information can be a bit tiresome and repetitive. But it’s absolutely necessary to do this in order to find the best price on auto insurance.

There is a better way!

The quickest way to find cheaper rates requires only one form to return rates from many companies. It’s a real time-saver, reduces the work, and makes online quotes much more efficient. Immediately after you send the form, your coverage is rated and you can choose any or none of the quotes that you receive. If the quotes result in lower rates, you simply finish the application and buy the new coverage. This process just takes a couple of minutes and you’ll know if lower rates are available.

To find out how much you’re overpaying now, click here and enter your information. If you have your current policy handy, we recommend you complete the form with the coverage information just like they are on your policy. This guarantees you are getting comparison quotes based on the exact same insurance coverage.

You may qualify for discounts

Not many people think insurance is cheap, but there may be some discounts that you may not even know about. Certain reductions will be credited when you complete an application, but a few need to be inquired about before you will receive the discount. If they aren’t giving you every credit available, you’re just leaving money on the table.

• Low Mileage Discounts – Maintaining low annual mileage may enable drivers to earn better prices on cars that stay parked.
• College Student – who live away from home to go to college and won’t have access to an insured vehicle can be insured at a reduced rate.
• Save with More Vehicles Insured – Buying a policy with multiple cars or trucks on the same auto insurance policy could earn a price break for each car.
• Membership in Organizations – Being a member of qualifying employment or professional organizations is a simple method to lower premiums when getting a insurance coverage quote.
• Safety Course Discount – Taking part in a driver safety course is a good idea and can lower rates if you qualify.
• Senior Citizen Discount – Mature drivers are able to get reduced rates on Escalade insurance.
• Use Seat Belts – Requiring all passengers to wear their seat belts could save 15% off the medical payments premium.
• Good Grades Discount – This discount could provide a savings of up to 20% or more. The good student discount can last until age 25.
• Passive Restraints and Air Bags – Options like air bags or motorized seat belts can receive discounts of more than 20%.
• Pay Early and Save – By paying your policy upfront rather than spreading payments over time you can avoid the installment charge.

We need to note that most discount credits are not given the the whole policy. Most only apply to the price of certain insurance coverages like liability and collision coverage. Even though the math looks like all the discounts add up to a free policy, it’s just not the way it works.

If you would like to choose from a list of companies with discount rates, follow this link.

Why you might pay increased rates

Lots of factors are used in the calculation when you get a price on insurance. Some are pretty understandable like a motor vehicle report, although others are more obscure like your continuous coverage or your vehicle rating.

The list below includes some of the most rate-impacting factors used by companies to determine prices.

• Occupation reflects on prices – Did you know your occupation can influence how much you pay for insurance coverage? Careers such as real estate brokers, business owners and dentists generally have higher premiums than the average policyholder attributed to high stress levels and incredibly demanding work hours. On the flip side, occupations such as actors, students and homemakers pay lower than average rates on Escalade insurance.
• Allowing your policy to lapse raises premiums – Allowing your coverage to lapse will be a quick way to increase your rates. In addition to paying higher rates, getting caught without coverage might get you a revoked license or a big fine.
• Avoid traffic tickets – Careful drivers receive lower rates than their less careful counterparts. Getting just one speeding ticket may increase your cost substantially. Drivers with dangerous citations like DUI or reckless driving are required to file a SR-22 with their state in order to prevent a license revocation.
• Safer vehicles means lower prices – Cars with five star safety ratings are cheaper to insure. Highly rated vehicles protect occupants better and lower injury rates means less claims paid and cheaper rates on your policy.
• How much liability protection do you need? – The liability section of your policy kicks in in the event that you are found liable for causing personal injury or damage in an accident. Liability provides legal defense coverage starting from day one. It is affordable coverage as compared to coverage for physical damage, so do not skimp.
• Don’t buy add-on coverages that aren’t used – Insurance companies have many additional extra coverages that can add up if you aren’t diligent. Insurance for roadside assistance, towing coverage, and term life insurance could be just wasting money. These may sound like a good investment at first, but if you’ve never needed them in the past remove them from your policy.
• The higher your credit score the lower your prices – Having a good credit history is a large factor in your rate calculation. So if your credit score can be improved, you could be paying less to insure your 2007 Cadillac Escalade if you clean up your credit. Insureds with good credit tend to be more responsible and file fewer claims than those with lower credit ratings.
• Marriage can lower prices – Getting married may save some money compared to being single. Having a spouse translates into being more mature and responsible and insurance companies like that being married results in fewer claims.

There’s no such thing as the perfect insurance coverage policy

When choosing the best insurance coverage coverage for your vehicles, there really is no “best” method to buy coverage. Everyone’s situation is a little different and a cookie cutter policy won’t apply. These are some specific questions might help in determining if your insurance needs might need professional guidance.

• Why is insurance for a teen driver so high?
• Is business equipment covered while in my vehicle?
• Do I need added coverage for expensive stereo equipment?
• Why am I required to buy high-risk coverage?
• Does coverage extend to Mexico or Canada?
• Am I covered when delivering products for my home-based business?
• I have good health insurance, so how much medical payments coverage do I need?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to 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

Detailed coverages of your insurance policy

Learning about specific coverages of your policy can help you determine which coverages you need for your vehicles. The terms used in a policy can be impossible to understand and coverage can change by endorsement. Below you’ll find typical coverages found on most insurance policies.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage gives you protection when other motorists either are underinsured or have no liability coverage at all. It can pay for hospital bills for your injuries as well as damage to your Cadillac Escalade.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. So UM/UIM coverage is important protection for you and your family.

Collision coverage protection

Collision insurance pays for damage to your Escalade from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for things like hitting a mailbox, rolling your car and crashing into a building. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. You can also choose a higher deductible to get cheaper collision coverage.

Coverage for liability

Liability insurance will cover damage or injury you incur to a person or their property in an accident. It protects YOU from legal claims by others. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see policy limits of 25/50/25 that means you have $25,000 bodily injury coverage, a per accident bodily injury limit of $50,000, and $25,000 of coverage for damaged propery.

Liability can pay for things like medical expenses, structural damage, medical services and loss of income. How much coverage you buy is a personal decision, but you should buy as large an amount as possible.

Comprehensive coverage

Comprehensive insurance covers damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers claims such as a tree branch falling on your vehicle, damage from getting keyed, theft and hail damage. The most you’ll receive from a claim is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for ambulance fees, chiropractic care, doctor visits and nursing services. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. It covers not only the driver but also the vehicle occupants as well as being hit by a car walking across the street. Personal injury protection coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Knowledge is power

We’ve covered a lot of ways to shop for 2007 Cadillac Escalade insurance online. It’s most important to understand that the more you quote insurance coverage, the more likely it is that you will get a better rate. You may be surprised to find that the lowest car insurance rates come from the least-expected company. They may cover specific market segments cheaper as compared to the big name companies such as Progressive or Geico.

Lower-priced 2007 Cadillac Escalade insurance is definitely available online as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. Some auto insurance companies do not offer the ability to get quotes online and these smaller companies sell through independent insurance agents.

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

• Get the Right Protection (InsureUonline.org)
• Uninsured Motorist Statistics (Insurance Information Insitute)
• Auto Theft Statistics (Insurance Information Insitute)
• Auto Insurance Basics (Insurance Information Insitute)
• Airbag FAQ (iihs.org)
• Eight Auto Insurance Myths (Insurance Information Insitute)