How Much Does 2007 Cadillac STS Car Insurance Cost?

Do you get exhausted from scraping nickels together to buy car insurance? You have the same problem as many other people.

People have so many auto insurance companies to pick from, and although it’s nice to have a selection, lots of choices makes it harder to compare rates and cut insurance costs.

It’s important to compare prices at least once a year due to the fact that insurance prices fluctuate regularly. Despite the fact that you may have had the lowest quotes for STS insurance a few years ago you will most likely find a better rate today. Forget all the misinformation about car insurance because we’re going to demonstrate the proper way to reduce your cost while improving coverage.

The purpose of this post is to help you learn the most effective way to quote insurance and some tips to save money. If you currently have car insurance, you will be able to reduce your rates substantially using this strategy. But vehicle owners must comprehend the way companies price insurance differently and use this information to your advantage.

Ways to get auto insurance quotes

When shopping for auto insurance there are multiple ways to compare rate quotes from different insurance companies. The best way to lower the rate you pay for 2007 Cadillac STS insurance is to get quotes online. It’s really quite simple and can be done in a couple minutes as outlined below.

Probably the best way to compare a lot of rates at once is to use a rate comparison form like this one (opens in new window). This easy form prevents you from having to do separate quotation requests for every company. A single, simple form gets insurance cost estimates from all major companies.

A harder way to find more affordable insurance requires visiting the website of each company and request a quote. For sake of this example, we’ll assume you are doing a rate comparison from State Farm, Allstate and Geico. You would have to navigate to each company’s site and enter your information, which is why the first method is more popular. For a list of links to insurance companies in your area, click here.

The most time-consuming way to do your price quoting is calling or driving to insurance agencies in your area. The ability to buy insurance online makes this unnecessary unless you’re the type of person who wants the professional guidance of a licensed agent. Some companies do allow you to compare the best prices online and have a local agent actually service the policy.

How you compare quotes is your choice, just do your best to enter apples-to-apples coverage limits and deductibles for each quote you get. If you are comparing higher or lower deductibles you can’t possibly make an equal comparison. Just a small difference in coverage limits may cause a big price difference. And when comparison shopping, having more price comparisons helps you find the best price. Some companies don’t provide prices over the internet, so it’s recommended that you also compare rates from the smaller companies as well.

Lower-cost car insurance quotes with discounts

Companies offering auto insurance do not advertise every available discount very clearly, so the following is a list of some of the more common as well as some of the hidden credits that you can use to lower your rates. If they aren’t giving you every credit available, you may be paying too high a price.

• Passive Restraints and Air Bags – Cars that have air bags or motorized seat belts can receive discounts of more than 20%.
• Anti-lock Brake System – Cars, trucks, and SUVs equipped with ABS or steering control have fewer accidents so you can save 10 percent or more.
• Multiple Vehicles – Having multiple cars or trucks on one policy can get a discount on all vehicles.
• Paperwork-free – A handful of larger companies will give a small break get insurance digitally online.
• Early Switch Discount – Select car insurance companies give a discount for buying a new policy prior to your current policy expiration. You may see this discount when you get insurance quotes online.
• Accident Free – Insureds with no claims or accidents get the best car insurance rates when compared with accident-prone drivers.
• Federal Employees – Active or retired federal employment can save as much as 8% for STS insurance with select insurance companies.
• Professional Organizations – Being a member of a professional or civic organization could trigger savings when getting a insurance quote.

Policy discounts save money, but most discounts do not apply to the entire cost. Some only reduce the cost of specific coverages such as collision or personal injury protection. Even though it may seem like you could get a free car insurance policy, that’s just not realistic. Any amount of discount will help lower your premiums.

A few of the larger companies and a summarized list of policyholder discounts are shown below.

• American Family includes discounts for Steer into Savings, TimeAway discount, air bags, defensive driver, and good driver.
• State Farm may offer discounts for multiple policy, student away at school, Drive Safe & Save, defensive driving training, accident-free, multiple autos, and driver’s education.
• 21st Century offers discounts for automatic seat belts, homeowners, defensive driver, anti-lock brakes, teen driver, good student, and 55 and older.
• Travelers policyholders can earn discounts including multi-car, payment discounts, IntelliDrive, multi-policy, new car, good student, and home ownership.
• Geico has discounts for federal employee, driver training, anti-lock brakes, defensive driver, multi-vehicle, emergency military deployment, and good student.

If you want the cheapest insurance quotes, ask each insurance company which discounts you qualify for. Some of the discounts discussed earlier might not be offered on policies in your area. To find insurers who offer discounts, follow this link.

What affects Cadillac STS insurance rates?

Lots of factors are considered when pricing auto insurance. Some are obvious like an MVR report, but other criteria are less apparent like where you live or your financial responsibility.

• Pay more if you have a long commute – Choosing to live in small towns and rural areas has definite advantages when buying auto insurance. Fewer people means fewer accidents and lower theft and vandalism rates. City drivers have to deal with more road rage incidents and longer commutes to work. The longer drive time statistically corresponds to a higher accident and claim rate.
• Extra coverages are wasting money – There are quite a few extra bells and whistles that may not really be needed if you aren’t diligent. Insurance for things like rental car reimbursement, towing, and Farm Bureau memberships are some examples. You may think they are a good idea when discussing your needs, but if you don’t need them remove them and pocket the money.
• Teen drivers are expensive to insure – Older insureds are shown to be more cautious, are lower risk to insure and get fewer tickets.Teenage drivers are proven to be inattentive with other occupants in the car and because of this, their auto insurance rates are much higher.
• Guys pay more for car insurance – Statistics demonstrate females are less aggressive when driving. Now that doesn’t mean males are worse at driving than females. Males and females tend to get into fender benders in similar percentages, but the men tend to have more serious accidents. Not only are claims higher, but men get cited for more serious violations like driving under the influence (DUI).

Tailor your insurance coverage coverage to you

When buying the best insurance coverage coverage, there really is not a “perfect” insurance plan. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that may help you determine if you might need professional guidance.

• Am I getting all the discounts available?
• Will my vehicle be repaired with OEM or aftermarket parts?
• Is my Cadillac STS covered if I use it for business?
• Do I need to file an SR-22 for a DUI in my state?
• Am I covered if I drive in a foreign country?
• Can I afford low physical damage deductibles?
• Am I covered by my employer’s commercial auto policy when driving my personal car for business?
• Where can I find DUI or SR-22 insurance?
• Am I covered when pulling a rental trailer?

If you don’t know the answers to these questions then you might want to talk to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area.

Ads can be misleading

Insurance coverage providers like Allstate and Progressive endlessly run television, radio, and online ads. They all seem to make the promise that you can save if you change your coverage to them. How do they all make almost identical claims?

Many companies have strict underwriting profiles for the right customer that is profitable for them. For example, a profitable customer might be over the age of 40, carries full coverage, and chooses high deductibles. Someone that matches those criteria is entitled to the best price and have a good chance to pay quite a bit less when switching companies.

Insureds who cannot meet the requirements will be quoted a more expensive rate with the end result being the driver buying from a lower-cost company. The ad wording is “customers that switch” not “everyone that quotes” save that much. That is how insurance companies can confidently make the claims of big savings.

Because of the profiling, drivers should compare free insurance quotes often. You cannot predict which insurance companies will be your best fit.

Auto insurance coverages

Understanding the coverages of your policy helps when choosing appropriate coverage and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording. Shown next are the normal coverages found on most insurance policies.

Collision – Collision coverage covers damage to your STS from colliding with another car or object. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims such as colliding with another moving vehicle, crashing into a ditch, hitting a parking meter and crashing into a building. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. It’s also possible to raise the deductible to get cheaper collision coverage.

Comprehensive or Other Than Collision – Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims such as fire damage, vandalism, hail damage and damage from a tornado or hurricane. The maximum amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM Coverage – Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Cadillac STS.

Due to the fact that many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked. Normally your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability coverage – This coverage protects you from damages or injuries you inflict on people or other property that is your fault. It protects you from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. As an example, you may have limits of 50/100/50 which stand for $50,000 bodily injury coverage, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property. Occasionally you may see one limit called combined single limit (CSL) which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as structural damage, medical expenses, funeral expenses, legal defense fees and bail bonds. The amount of liability coverage you purchase is a personal decision, but you should buy as large an amount as possible.

Medical costs insurance – Medical payments and Personal Injury Protection insurance reimburse you for bills such as ambulance fees, nursing services, rehabilitation expenses and funeral costs. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. They cover not only the driver but also the vehicle occupants in addition to if you are hit as a while walking down the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Find Good Coverage for Less

We covered a lot of ways to shop for 2007 Cadillac STS insurance online. The key thing to remember is the more price quotes you have, the more likely it is that you will get a better rate. Drivers may discover the lowest priced auto insurance comes from some of the smallest insurance companies. Some small companies often have lower rates on specific markets than the large multi-state companies such as State Farm or Progressive.

As you shop your coverage around, you should never reduce coverage to reduce premium. In many instances, an insured cut collision coverage and discovered at claim time that it was a big error on their part. Your goal should be to purchase plenty of coverage at the best price while still protecting your assets.

Some insurance providers may not have the ability to get a quote online and these smaller companies prefer to sell through independent agents. Lower-priced 2007 Cadillac STS insurance can be sourced online and with local insurance agents, so compare prices from both to get a complete price analysis.

Additional information is located below:

• Tools for Teen Driving Safety (State Farm)
• Reducing Your Risks in a Car Crash Video (iihs.org)
• Safety Features for Your New Car (State Farm)
• Teen Driving Statistics (Geico)
• Insurance Losses by Make and Model (iihs.org)