How Much Does 2010 Cadillac CTS Insurance Cost?

Trying to find lower car insurance rates for your Cadillac CTS? Did you fall for a flashy sales pitch and buy overpriced car insurance? Don’t sweat it because many consumers are feeling buyer’s remorse and feel like there’s no way out.

Numerous auto insurance companies battle for your insurance dollar, and it can be difficult to compare rates to get the lowest price

You can change your insurance rates

Many factors are used in the calculation when pricing auto insurance. Some of the criteria are obvious like an MVR report, but other factors are more obscure such as whether you are married or how financially stable you are.

• Having a spouse pays dividends – Having a spouse may cut your premiums on your insurance coverage policy. Marriage means you’re more stable financially and statistics show married couples file fewer claims.
• Higher premiums for stressful vocations – Did you know your career choice can influence rates? Occupations like military generalsairline pilots and miners usually pay the highest rates in part from high stress levels and lots of time spent away from family. Conversely, jobs such as professors, engineers and performers have lower than average premiums on CTS insurance.
• Maintain insurance coverage coverage – Allowing your coverage to lapse is a fast way to trigger a rate increase. Not only will you pay higher rates, being ticketed for driving with no insurance might get you a steep fine or even jail time.
• Lower premiums with alarms and GPS tracking – Driving a car with an alarm system can help bring down rates. Systems that thwart theives such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can help prevent vehicle theft.
• Urban residents pay more – Being located in small towns and rural areas has definite advantages when trying to find low car insurance rates. Less people living in that area means fewer accidents and lower theft and vandalism rates. City drivers have more traffic problems and a longer drive to work. Higher commute times means a statistically higher chance of an accident.
• Save by driving less – The higher the mileage driven each year the higher the price you pay to insure it. A lot of insurance companies charge to insure your cars based upon how you use the vehicle. Autos left parked in the garage cost less to insure than cars that get driven a lot. Having the wrong rating on your CTS may be wasting your money. Double check that your insurance coverage declarations sheet correctly shows the correct usage for each vehicle, because it can save money.
• Premiums drop with age – Inexperience drivers are known to be less responsible when behind the wheel therefore insurance coverage rates are much higher. Older drivers have been proven to be more responsible, tend to cause fewer accidents .
• Five star IIHS safety rating saves money – Safer cars tend to have lower insurance rates. Highly rated vehicles result in less severe injuries and fewer serious injuries translates into fewer and smaller insurance claims which can result in lower premiums. If your Cadillac scored at minimum four stars on Safercar.gov you are probably receiving a discount.

Affordable insurance quotes with discounts

The price of auto insurance can be rather high, but discounts can save money and there are some available to cut the cost considerably. Certain discounts will be applied at the time of quoting, but a few must be specifically requested in order for you to get them.

• Low Miles Discount – Driving fewer miles could qualify for discounted insurancerates on garaged vehicles.
• Policy Bundle Discount – If you can bundle your auto and home insurance with one company you will save 10% to 20% off each policy.
• Anti-lock Brakes – Cars and trucks equipped with ABS or steering control prevent accidents and therefore earn up to a 10% discount.
• Buy New and Save – Buying a new car model can get you a discount because newer vehicles have to meet stringent safety requirements.
• Multi-line Discount – Insurance companies who offer life insurance give lower insurancerates if you buy auto and life insurance together.
• Active Military Service – Having a family member in the military may qualify for rate reductions.
• Clubs and Organizations – Being a member of qualifying clubs or civic groups could trigger savings when getting a car insurance quote.

You can save money using discounts, but most credits do not apply to your bottom line cost. Some only reduce the cost of specific coverages such as liability, collision or medical payments. If you do the math and it seems like having all the discounts means you get insurance for free, you aren’t that lucky.

The best insurance companies and a partial list of their discounts are included below.

• Progressive may offer discounts for online signing, multi-policy, multi-vehicle, homeowner, continuous coverage, online quote discount, and good student.
• Geico policyholders can earn discounts including military active duty, anti-lock brakes, driver training, seat belt use, daytime running lights, and air bags.
• State Farm has savings for Drive Safe & Save, multiple policy, Steer Clear safe driver discount, accident-free, good student, and anti-theft.
• Esurance discounts include homeowner, good student, Pac-12 alumni, multi-car, and online quote.
• The Hartford offers premium reductions for vehicle fuel type, bundle, good student, air bag, anti-theft, and defensive driver.

Before buying, ask each insurance company which discounts you may be entitled to. Some discounts listed above might not be offered on policies in your area. For a list of companies offering insurance discounts, click here to view.

Big brands don’t always mean big savings

Insurance coverage providers like State Farm and Allstate consistently run ads on TV and radio. All the ads seem to make the promise about saving some big amount if you just switch your insurance coverage policy to them. How does every insurance coverage company cost less than your current company? It’s all in how they say it.

All the different companies have a preferred profile for the type of driver they prefer to insure. A good example of a desirable risk might have to be a mature driver, has a clear driving record, and has a short commute. A driver who meets those qualifications will qualify for the lowest rates and will probably save quite a bit of money when switching.

Potential insureds who fall short of these criteria will see a higher rate and this results in the customer buying from a different company. The ads state “drivers that switch” not “all people who quote” save that much when switching. That is how insurance companies can state the savings.

That is why drivers must get price quotes at each policy renewal. It’s just not possible to know which insurance coverage company will have the best rates for your profile.

Tailor your insurance coverage to you

When it comes to choosing adequate coverage, there really is not a “best” method to buy coverage. Your needs are not the same as everyone else’s and a cookie cutter policy won’t apply. Here are some questions about coverages that might point out if you might need an agent’s assistance.

• I don’t drive much so do I pay less?
• When would I need rental car insurance?
• Who is covered when they drive my 2010 Cadillac CTS?
• Where can I find DUI or SR-22 insurance?
• How much liability coverage do I need in my state?
• What if I don’t agree with a claim settlement offer?

If you’re not sure about those questions but you know they apply to you, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies.

Specific coverage details

Knowing the specifics of a insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types found on most insurance policies.

Uninsured Motorist or Underinsured Motorist insurance – This coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of drivers have only the minimum liability required by law, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Normally these limits are similar to your liability insurance amounts.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers things like rock chips in glass, theft, a broken windshield, fire damage and hail damage. The highest amount you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle is not worth much it’s not worth carrying full coverage.

Auto liability insurance – Liability coverage provides protection from damage that occurs to other people or property by causing an accident. This insurance protects YOU from claims by other people. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have liability limits of 100/300/100 that means you have a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and $100,000 of coverage for damaged propery. Some companies may use a combined limit which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as court costs, legal defense fees and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for expenses for things like prosthetic devices, rehabilitation expenses and chiropractic care. They can be utilized in addition to your health insurance plan or if you do not have health coverage. They cover you and your occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Collision – This will pay to fix damage to your CTS resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as scraping a guard rail, sideswiping another vehicle, rolling your car and sustaining damage from a pot hole. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also bump up the deductible in order to get cheaper collision rates.

Final considerations

When shopping online for insurance coverage, it’s not a good idea to sacrifice coverage to reduce premiums. Too many times, consumers will sacrifice full coverage only to discover later that the few dollars in savings costed them thousands. Your objective should be to buy a smart amount of coverage for the lowest price.

Affordable 2010 Cadillac CTS insurance can be found both online as well as from independent agents, so get free car insurance quotes from both of them to have the best selection. Some companies may not offer online price quotes and usually these small, regional companies only sell through independent agents.

To learn more, take a look at the articles below:

• Older Drivers FAQ (iihs.org)
• Collision Coverage (Liberty Mutual)
• Red Light Cameras (State Farm)
• Collision Insurance Coverage (Nationwide)