Cheap 2008 Cadillac STS Car Insurance Quotes

No one looks forward to paying for auto insurance, especially knowing they could find better prices if they shop around.

Many insurance companies compete to insure your vehicles, so it can be very hard to choose a insurance company to discover the definitive best price available.

It’s a good habit to do price comparisons before your next renewal because rates are usually higher with each renewal. Even if you think you had the best premium rates for STS insurance on your last policy other companies may now be cheaper. There is a lot of wrong information about auto insurance on the internet, but we’re going to give you a lot of great tips on how to slash your auto insurance rates.

If you have car insurance now, you will be able to save some money using these methods. Buying car insurance is not rocket science. But consumers should learn the way companies market on the web because it can help you find the best coverage.

Compare free car insurance price quotes

When looking for affordable car insurance quotes, there are a couple ways to obtain and compare prices from different companies. The best method to find cheaper 2008 Cadillac STS rates is to perform an online rate comparison. This is very easy and can be done in a couple minutes as outlined below.

• The single most time-saving way to find the lowest comparison rates is an all-inclusive rate comparison like this one (opens in new window). This form keeps you from doing boring form submissions for every company. Just one form gets you price quotes from multiple companies.
• A less efficient way to compare prices is to manually visit the website for every company you want to comare and repeat the quote process. For instance, we’ll pretend you want to compare rates from Allstate, Liberty Mutual and Progressive. In order to compare rates, you need to spend time going to each site individually and punch in your information repeatedly, which is why the first method is more popular. To view a list of companies in your area, click here.

It’s up to you how you get prices quotes, just make sure you are using apples-to-apples quote information with each company. If the quotes have different coverage information it will be nearly impossible to find the best deal for your Cadillac STS. Even a minor difference in limits may cause a big price difference. It’s important to know that comparing more rates from different companies will increase your chances of finding lower pricing. Some regional insurers cannot provide quotes online, so it’s important to also get price estimates from the smaller companies as well.

Insurance companies offer many types of discounts

Some insurance providers do not list the complete list of policy discounts very clearly, so the list below contains a few of the more well known and the more hidden discounts that you may qualify for.

• Theft Prevention Discount – Cars that have factory anti-theft systems are stolen with less frequency and qualify for as much as a 10% discount.
• Buy New and Save – Insuring a new car can get you a discount due to better safety requirements for newer vehicles.
• Telematics Data – People who choose to allow driving data collection to monitor driving habits by using a small device installed in their vehicle such as In-Drive from State Farm or Allstate’s Drivewise system may get a rate reduction if they have good driving habits.
• Life Insurance – Larger insurance carriers have a discounted insurance rate on car insurance if you buy a life policy as well.
• Claim-Free Discount – Insureds who avoid accidents and claims have much lower rates when compared to policyholders that have many claims.
• Payment Discounts – By making one initial payment rather than spreading payments over time you may have a lower total premium amount.
• Good Grades Discount – Getting good grades can get you a discount of up to 25%. The good student discount can last well after school through age 25.
• Military Discounts – Being on active deployment in the military could mean lower insurance rates.
• Online Discount – A few insurance companies will give a small break get car insurance online.

While discounts sound great, it’s important to understand that most discounts do not apply to the entire cost. A few only apply to specific coverage prices like liability and collision coverage. If you do the math and it seems like all the discounts add up to a free policy, companies don’t profit that way.

Car insurance companies that may offer these benefits include:

• 21st Century
• Progressive
• State Farm
• Nationwide
• Esurance
• The Hartford

When comparing rates, check with all companies you are considering which credits you are entitled to. Discounts might not apply in every state. To see insurers that have a full spectrum of discounts, click here.

Do I just need basic coverages?

When choosing coverage, there isn’t really a cookie cutter policy. Each situation is unique and your policy should reflect that. Here are some questions about coverages that may help you determine if your insurance needs would benefit from an agent’s advice.

• Why do I need rental car insurance?
• Will filing a claim cost me more?
• Is my state a no-fault state?
• Why do I only qualify for high-risk insurance?
• If I drive on a suspended license am I covered?
• How high should my medical payments coverage be?
• Can I afford to buy a different vehicle if my 2008 Cadillac STS is totaled?
• Is my ex-spouse still covered by my policy?
• Will I be non-renewed for getting a DUI or other conviction?

If it’s difficult to answer those questions but a few of them apply then you might want to talk to a licensed agent. If you want to speak to an agent in your area, complete this form or you can also visit this page to select a carrier

Seven factors that affect insurance prices

Many different elements are part of the calculation when pricing auto insurance. Some of the criteria are obvious such as traffic violations, but other criteria are less obvious like where you live or your commute time.

The itemized list below are some of the things companies use to determine premiums.

• Get better rates if married – Being married actually saves money when buying insurance. Having a spouse usually means you are more stable financially it has been statistically shown that being married results in fewer claims.
• High physical damage deductibles equal low rates – Insurance for physical damage, also called comprehensive and collision insurance, covers your vehicle from damage. Examples of covered claims are a windshield shattered by a rock, hail damage, and damage caused by flying debris. The deductibles you choose represent how much money you are required to spend if a covered claim is submitted. The more you are required to pay out-of-pocket, the lower your rates will be for STS insurance.
• Premiums increase with driving tickets – Having a single speeding ticket or other violation can increase the cost of insurance by as much as twenty percent. Attentive drivers get better rates as compared to those with violations. Drivers who get multiple tickets like DUI or reckless driving may need to prove financial responsibility with their state DMV in order to prevent a license revocation.
• Don’t buy extra policy coverages that may not be needed – There are a lot of additional coverages that can add up but may not be useful. Coverages like rental car coverage, towing, and motor club memberships may be costing you every month. They may seem like a good idea when you first buy your policy, but if they’re wasting money think about removing them and cutting costs.
• Amount of liability – The liability coverage on your policy will protect you if ever you are determined to be liable for personal injury or accident damage. It will provide for a legal defense up to the limits shown on your policy. Liability is cheap compared to other policy coverages, so do not cut corners here.
• City traffic equals higher premiums – Choosing to live in a rural area may provide you with better prices when shopping for auto insurance. People in densly populated areas have to deal with more aggressive driving styles and longer commute times. Fewer people translates into fewer accident claims and lower theft and vandalism rates.
• Keep insurance claims to a minimum – Car insurance companies award discounts to drivers who do not file claims often. If you file a lot of claims you can expect either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for the bigger claims that can’t be paid out-of-pocket.

Ads can be misleading

Insurance coverage companies such as State Farm, Allstate and Geico continually stream ads on television and other media. They all seem to make an identical promise that drivers will save a bundle if you just switch your coverage to them. How does every company claim to save you money? This is how they do it.

All the different companies have specific characteristics for the type of insured that will add to their bottom line. For instance, this type of insured might be between the ages of 30 and 50, has other policies, and drives less than 5,000 miles a year. Any driver who meets those qualifications is entitled to the best price and as a result will probably save a lot if they switch.

People who do not meet the “perfect” profile must pay more expensive rates which usually ends up with the customer buying from someone else. If you listen to the ad wording, they say “customers that switch” not “all people who quote” save that much when switching. That’s why insurance companies can make claims that they all have the best prices.

Different companies use different criteria so you really need to compare quotes as often as possible. It’s not possible to predict with any certainty which company will provide you with the cheapest premium rates.

Specifics of your insurance policy

Knowing the specifics of your insurance policy can help you determine which coverages you need at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are the usual coverages available from insurance companies.

Comprehensive coverage (or Other than Collision)

This pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as hitting a deer, hail damage, theft, damage from flooding and fire damage. The most your insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists are uninsured or don’t have enough coverage. Covered claims include hospital bills for your injuries and also any damage incurred to your 2008 Cadillac STS.

Since a lot of drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Insurance for medical payments

Personal Injury Protection (PIP) and medical payments coverage reimburse you for expenses for things like doctor visits, nursing services and funeral costs. They are often utilized in addition to your health insurance plan or if there is no health insurance coverage. Coverage applies to not only the driver but also the vehicle occupants and also covers being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Auto collision coverage

Collision coverage pays for damage to your STS caused by collision with a stationary object or other vehicle. You have to pay a deductible then your collision coverage will kick in.

Collision can pay for claims such as backing into a parked car, hitting a parking meter, damaging your car on a curb and driving through your garage door. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from vehicles that are older. Drivers also have the option to raise the deductible to save money on collision insurance.

Liability

This protects you from damage or injury you incur to people or other property that is your fault. This coverage protects you against claims from other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see limits of 100/300/100 which stand for a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property. Another option is one limit called combined single limit (CSL) that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims like medical expenses, emergency aid and medical services. How much liability coverage do you need? That is your choice, but buy as high a limit as you can afford.

A fool and his money are soon parted

As you restructure your insurance plan, it’s a bad idea to skimp on coverage in order to save money. In many cases, consumers will sacrifice uninsured motorist or liability limits only to regret that a couple dollars of savings turned into a financial nightmare. The proper strategy is to get the best coverage possible at an affordable rate, but don’t skip important coverages to save money.

Lower-priced insurance coverage can be found on the web as well as from insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who may not provide price quotes online and these smaller companies prefer to sell through local independent agents.

Throughout this article, we presented a lot of ways to compare 2008 Cadillac STS insurance car insurance rates online. The most important thing to understand is the more price quotes you have, the higher your chance of finding affordable car insurance. Consumers could even find that the best price on insurance coverage is with a small local company. Smaller companies may often insure only within specific states and give getter rates than the large multi-state companies such as State Farm, Geico and Nationwide.

Helpful resources

• Top Signs Your Brakes are Giving Out (State Farm)
• Safety Tips for Teen Drivers (Insurance Information Insitute)
• Distracted Driving Statistics (Insurance Information Insitute)
• Driving in Bad Weather (Insurance Information Insitute)