View 2008 Cadillac STS-V Insurance Rates

Tired of trying to scrape together enough money to pay your insurance coverage bill each month? Your situation is no different than millions of other consumers.

Multiple auto insurance companies compete for your business, so it can be very hard to choose a provider and uncover the absolute best price available.

Do you qualify for discounts?

The cost of insuring your cars can be expensive, but you may be missing some discounts to help offset the cost. A few discounts will automatically apply when you quote, but occassionally some discounts must be requested specifically before you will receive the discount. If you aren’t receiving every discount available, you could be getting lower rates.

• Passive Restraints – Vehicles equipped with air bags and/or automatic seat belt systems can receive discounts as much as 30%.
• Smart Student Discounts – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
• Life Insurance Discount – Some insurance companies give a small discount if you purchase a life policy as well.
• Professional Memberships – Participating in qualifying clubs or civic groups could earn you a nice discount on car insurance.
• Discounts for Cautious Drivers – Insureds who avoid accidents may receive a discount up to 45% on STS-V insurance compared to accident prone drivers.
• Discount for Multiple Policies – If you can bundle your auto and homeowners insurance with the same company they may give you a discount of nearly 15% which can help you find cheaper auto insurance.
• Paperwork-free – Certain larger companies provide a small discount for completing your application on the internet.
• More Vehicles More Savings – Buying insurance for more than one vehicle on a single policy may reduce the rate for each vehicle.
• Pay Early and Save – If you can afford to pay the entire bill instead of monthly or quarterly installments you could save up to 5%.

You can save money using discounts, but most credits do not apply the the whole policy. Most only reduce specific coverage prices like comp or med pay. Despite the appearance that you would end up receiving a 100% discount, it doesn’t quite work that way.

Auto insurance companies that possibly offer some of the discounts shown above are:

• Farm Bureau
• Liberty Mutual
• State Farm
• Auto-Owners Insurance
• Geico
• SAFECO

Check with every company which credits you are entitled to. All car insurance discounts may not apply to policyholders in your area. If you would like to view companies that offer many of these discounts, click here to view.

First Step: Get free auto insurance quotes

Most major insurance companies such as State Farm, Geico and Progressive make it easy to get price estimates directly from their websites. Getting quotes is very simple because you just enter the amount of coverage you want into a form. Upon sending the form, the system makes automated requests for credit information and your driving record and returns a price determined by many factors. Being able to quote online streamlines rate comparisons, but having to visit multiple sites and type in the same information is repetitive and time-consuming. But it’s also necessary to have as many quotes as possible in order to find the lowest price.

A less time-consuming method to lower your auto insurance bill requires only one form to return rates from multiple companies. It saves time, reduces the work, and makes quoting online much more enjoyable. Immediately after submitting the form, it gets priced and you can choose any or none of the price quotes you receive.

If a lower price is quoted, you can click and sign and purchase coverage. It takes just a few minutes to complete and could lower your rates considerably.

To find out how much you’re overpaying now, simply click here to open in new window and fill out the form. If you have a policy now, it’s recommended you enter deductibles and limits identical to your current policy. This ensures you will be getting a fair comparison based on similar coverages.

Don’t assume everyone needs the same auto insurance coverage

When choosing adequate coverage for your vehicles, there really is no single plan that fits everyone. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can aid in determining whether your personal situation might need an agent’s assistance.

• What is PIP insurance?
• Do I need an umbrella policy?
• Should I have combined single limit or split liability limits?
• Am I covered when using my vehicle for business?
• Is my camper covered by my car insurance policy?
• Does my insurance cover a custom paint job?

If you can’t answer these questions but you know they apply to you, you might consider talking to a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form or you can go here for a list of companies in your area.

Insurance coverages and their meanings

Having a good grasp of a insurance policy aids in choosing the best coverages for your vehicles. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. These are typical coverage types offered by insurance companies.

Uninsured and underinsured coverage

This coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. It can pay for medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is very important. Usually these limits do not exceed the liability coverage limits.

Comprehensive coverages

This will pay to fix damage that is not covered by collision coverage. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive can pay for things like vandalism, rock chips in glass, a tree branch falling on your vehicle and damage from a tornado or hurricane. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Collision coverage protection

This pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like hitting a parking meter, crashing into a ditch, rolling your car, backing into a parked car and driving through your garage door. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to choose a higher deductible to get cheaper collision coverage.

Auto liability insurance

Liability insurance can cover injuries or damage you cause to other’s property or people by causing an accident. It protects YOU against other people’s claims. It does not cover damage sustained by your vehicle in an accident.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see liability limits of 50/100/50 that means you have a limit of $50,000 per injured person, a per accident bodily injury limit of $100,000, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for things like loss of income, court costs and structural damage. How much liability coverage do you need? That is your choice, but buy higher limits if possible.

Coverage for medical payments

Personal Injury Protection (PIP) and medical payments coverage kick in for immediate expenses like doctor visits, nursing services and hospital visits. They are used in conjunction with a health insurance program or if you do not have health coverage. It covers not only the driver but also the vehicle occupants and also covers if you are hit as a while walking down the street. Personal injury protection coverage is only offered in select states but it provides additional coverages not offered by medical payments coverage

Spend less. Save more.

We just showed you a lot of information how to shop for 2008 Cadillac STS-V insurance online. The most important thing to understand is the more you quote auto insurance, the better chance you’ll have of finding cheaper auto insurance. You may even discover the best price on insurance is with the smaller companies. These companies may often insure only within specific states and give getter rates than the large multi-state companies such as Progressive or Geico.

As you quote auto insurance, it’s a bad idea to buy lower coverage limits just to save a few bucks. There have been many cases where an accident victim reduced liability coverage limits and found out when filing a claim that it was a big error on their part. The goal is to purchase a proper amount of coverage at the best cost, but do not skimp to save money.

Cheap 2008 Cadillac STS-V insurance is attainable online and from local agencies, so you need to quote auto insurance with both so you have a total pricing picture. Some insurance providers may not offer the ability to get a quote online and usually these regional carriers only sell coverage through local independent agents.

Helpful information

• Red Light Cameras (State Farm)
• Smart Auto Insurance Tips (Insurance Information Insitute)
• How to Avoid Common Accidents (State Farm)
• Auto Theft Statistics (Insurance Information Insitute)
• Distracted Driving (Insurance Information Insitute)
• Should I Buy a New or Used Car? (Allstate)