Want cheaper insurance rates for your Cadillac CTS? There isn’t anyone who looks forward to buying insurance, in particular when the cost is too high.
Due to the increasing number of companies to choose from, it can be challenging to find the lowest cost insurance company.
You should make it a habit to check insurance prices quite often because insurance prices change quite often. Even if you think you had the best rate for CTS coverage a couple years back the chances are good that you can find a lower premium rate today. Forget anything you know (or think you know) about insurance because I’m going to teach you the only way to save money, get proper coverage and the best rates.
The price of auto insurance can be rather high, but you can get discounts that could help you make your next renewal payment. Many discounts should be triggered at the time of purchase, but lesser-known reductions have to be specifically requested prior to receiving the credit.
Don’t be surprised that most of the big mark downs will not be given to all coverage premiums. Most only reduce specific coverage prices like collision or personal injury protection. So even though it sounds like you could get a free insurance policy, you aren’t that lucky.
Larger insurance companies and their offered discounts can be found below.
If you need affordable insurance quotes, ask every company which credits you are entitled to. Some of the earlier mentioned discounts might not be offered on policies in your area. To see insurance companies that offer many of these discounts, follow this link.
It’s important that you understand the different types of things that go into determining your policy premiums. When you know what positively or negatively impacts premium levels, this helps enable you to make changes that could help you find lower rates.
Shown below are some of the items used by companies to determine rates.
When it comes to buying adequate coverage, there is no “best” method to buy coverage. Every insured’s situation is different and a cookie cutter policy won’t apply. For instance, these questions can aid in determining whether or not you might need professional guidance.
If you don’t know the answers to these questions but a few of them apply then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.
21st Century, Allstate and State Farm constantly bombard you with ads in print and on television. They all seem to seem to make the promise about how much you will save if you move your coverage to them. But how can every company offer you a better deal? It’s all in the words they use.
Companies are able to cherry pick for the type of customer they prefer to insure. For example, this type of driver might be described as over age 30, owns their home, and chooses high deductibles. A customer getting a price quote who matches that profile will get the preferred premium rates and as a result will probably pay quite a bit less when switching companies.
Insureds who don’t measure up to these stringent criteria will get a more expensive rate and ends up with business not being written. If you pay close attention to the ads, they say “drivers that switch” not “everyone who quotes” can get the lowest rates when switching. That’s the way insurance companies can confidently state the savings. This really drives home the point why you need to compare quotes as often as possible. It’s just too difficult to predict which company will be your best fit.
Understanding the coverages of your auto insurance policy can help you determine the right coverages and the correct deductibles and limits. Policy terminology can be ambiguous and reading a policy is terribly boring. Listed below are typical coverage types offered by auto insurance companies.
Comprehensive or Other Than Collision – This coverage covers damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.
Comprehensive insurance covers claims such as damage from a tornado or hurricane, hitting a bird and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if the vehicle is not worth much consider removing comprehensive coverage.
Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses like chiropractic care, pain medications, rehabilitation expenses and surgery. They can be utilized in addition to your health insurance plan or if you do not have health coverage. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. PIP coverage is not an option in every state but can be used in place of medical payments coverage
Auto liability – Liability coverage will cover damages or injuries you inflict on people or other property. It protects YOU against claims from other people. Liability doesn’t cover damage to your own property or vehicle.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property.
Liability coverage protects against claims like attorney fees, emergency aid, legal defense fees, pain and suffering and structural damage. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.
Collision coverage – This pays for damage to your CTS resulting from a collision with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.
Collision coverage pays for things such as sustaining damage from a pot hole, crashing into a building, scraping a guard rail, crashing into a ditch and colliding with another moving vehicle. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to get cheaper collision coverage.
UM/UIM Coverage – This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries sustained by your vehicle’s occupants as well as damage to your 2008 Cadillac CTS.
Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
While you’re price shopping online, never skimp on coverage in order to save money. There have been many situations where someone dropped liability coverage limits and learned later that they should have had better coverage. The ultimate goal is to get the best coverage possible at the best price, but do not skimp to save money.
We covered some good ideas how you can get a better price on 2008 Cadillac CTS insurance. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even find the lowest prices are with some of the lesser-known companies. Smaller companies may cover specific market segments cheaper than the large multi-state companies such as State Farm, Geico and Nationwide.
Discount 2008 Cadillac CTS insurance is attainable both online as well as from insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some insurance providers do not provide online price quotes and usually these regional insurance providers sell through independent agencies.
Additional detailed information can be read in the articles below:
GEICO was cheapest for my 2008 Cadillac CTS in Great Falls, Montana.
Does State Farm have good claim service?
Good site, thanks. Proud to be from Augusta, GA. Not sure of all the companies but I ended up saving about $40 each month. God forbid I actually have a claim.
Just my two cents. I’m in Henderson, NV. I quoted with Safeco, Eastwood, State Farm, and AAA for my 2008 Cadillac CTS and saved $465 a year. Hopefully won’t need it.
Lots of good stuff here. Lifelong resident of Augusta, Georgia. Quoted rates from 21st Century, Encompass, and The General for my Cadillac and saved $532 a year. Have a couple speeding tickets too. I used their website to get prices.
If you have a good history and live around Augusta, GA, check out GEICO. They seem to be cheaper. Insured with Auto-Owners before. Just waiting to see how claims go.
If you have a clean record and are close to Tacoma, WA, check out 21st Century. They seem to be cheaper. Was with GMAC. I have kids on my policy, too. I used their online quote form to compare rates.
Liked the article. From Pittsburgh, PA. Quoted prices online for a 2008 Cadillac CTS. Ended up at about $260 savings annually. Went with Progressive. Just go online and compare their rates.
Anyone know if 21st Century does SR-22s?
Are State Farm or State Farm rates cheaper in Hawaii?
I’m in Portland, OR, and 21st Century rates were affordable.
Cheap car insurance? What’s that? I live west of Juneau, Alaska. Quoted with State Farm, Amica, Encompass, and Hanover for my CTS and I think I saved about $50 each month. I think they have home insurance too. Might find lower rates online.
Like your site, BTW. From northwest of New Orleans, LA. Quoted with AAA, Mercury, and a few others for my 2008 Cadillac CTS and I think I saved about $20 each month. Get lots of quotes to find the best rate.
I’m in West Valley City, Utah. Received prices from American Family, Mercury, and USAA for my 2008 Cadillac CTS and I’m now saving $22 a month. Insured with Hartford before. I used their online quote form to compare rates.
Enjoyed the article. I’m in the suburbs of Billings, MT. Checked online prices for a 2008 Cadillac CTS. Ended up at about $420 savings annually. Went with 21st Century. Not sure if rates are cheaper online or not.
$100 to anyone who understands their policy.