Compare 2011 Cadillac SRX Car Insurance Rates

No one in their right mind looks forward to buying insurance coverage, especially when their premiums are through the roof.

There is such a variety of insurance companies to choose from, and even though it’s nice to have a choice, more options can take longer to compare company pricing.

Discounts to earn lower-cost auto insurance rates

Auto insurance is not inexpensive, but there’s a good chance there are discounts that you may not even be aware of. Most are applied when you complete an application, but occassionally some discounts must be asked about before they will apply.

Early Signing – Some auto insurance companies provide a discount for buying a policy early. This discount can save up to 10%.
Distant Student Discount – Older children who are enrolled in higher education away from home and leave their car at home could qualify for this discount.
Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems have a lower chance of being stolen and that can save you a little bit as well.
Accident Forgiveness Coverage – Not really a discount, but companies like State Farm and Progressive may permit one accident without raising rates if your claims history is clear before the accident.
E-sign Discounts
Save with More Vehicles Insured – Purchasing coverage when you have multiple vehicles with one company qualifies for this discount.
Driving Data Discount – Drivers who agree to allow companies to track where and when they drive by using a telematics device in their vehicle such as Drivewise from Allstate or Snapshot from Progressive could possibly reduce rates if they show good driving skills.
Senior Citizens – Drivers that qualify as senior citizens can get better auto insurance rates for SRX insurance.

Remember that many deductions do not apply to the entire cost. A few only apply to the cost of specific coverages such as medical payments or collision. Just because it seems like all those discounts means the company will pay you, it just doesn’t work that way. But all discounts will help lower your policy premium.

A few of the larger companies and some of the discounts are detailed below.

Geico may offer discounts for emergency military deployment, good student, multi-vehicle, federal employee, anti-lock brakes, military active duty, and air bags.
Mercury Insurance offers discounts for multi-car, accident-free, type of vehicle, professional/association, and anti-theft.
Farmers Insurance offers discounts including mature driver, good student, business and professional, electronic funds transfer, and distant student.
Auto-Owners Insurance discounts include air bags, mature driver, multiple vehicles, anti-lock brakes, paperless, and student away at school.
Liberty Mutual has savings for new move discount, newly married, multi-policy, teen driver discount, new graduate, exclusive group savings, and safety features.
SAFECO offers premium reductions for bundle discounts, multi-car, anti-lock brakes, accident prevention training, drive less, homeowner, and safe driver.
Progressive has discounts for online quote discount, multi-policy, multi-vehicle, continuous coverage, online signing, and homeowner.
USAA policyholders can earn discounts including new vehicle, driver training, multi-vehicle, good student, defensive driver, military installation, and family discount.

Double check with all the companies to apply every possible discount. Savings might not be offered everywhere. To locate companies with the best auto insurance discounts, click here.

Tailor your auto insurance coverage to you

When choosing the right insurance coverage for your vehicles, there really is no cookie cutter policy. Everyone’s situation is unique and your policy should reflect that. These are some specific questions can aid in determining if your insurance needs would benefit from professional advice.

I have health insurance so do I need medical payments coverage?
Why do I need rental car insurance?
Am I covered when using my vehicle for business?
Does my policy cover me when driving someone else’s vehicle?
Am I better off with higher deductibles on my 2011 Cadillac SRX?
Am I covered by my spouse’s policy after a separation?
Do I need higher collision deductibles?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area.

Brand name doesn’t guarantee savings

Big name companies like Allstate and Progressive continually stream television and radio advertisements. All the companies convey the message about savings just by switching your policy. How does each company charge less that you’re paying now? Here is how they do it.

Different companies are able to cherry pick for the driver that makes them money. For example, a desirable risk might be described as between the ages of 30 and 45, has no prior claims, and drives a safe vehicle. Any driver that hits that “sweet spot” will probably get cheap car insurance rates and most likely will save quite a bit of money when switching.

Insureds who don’t qualify for those criteria will have to pay higher premiums and ends up with the customer not purchasing. The ads say “customers who switch” not “all people who quote” save that much money. That’s why insurance companies can confidently state the savings.

Because every company is different, it is so important to get a wide range of price quotes. It’s just not possible to know which company will be your best fit.

Car insurance coverage information

Learning about specific coverages of your policy can be of help when determining which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and nobody wants to actually read their policy. Shown next are typical coverage types available from auto insurance companies.

Liability coverages

Liability coverage can cover damages or injuries you inflict on a person or their property. This insurance protects YOU against other people’s claims, and doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and property damage coverage for $50,000. Some companies may use one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability insurance covers claims like funeral expenses, legal defense fees and attorney fees. How much liability coverage do you need? That is a decision to put some thought into, but buy as high a limit as you can afford.

UM/UIM Coverage

This protects you and your vehicle when other motorists either are underinsured or have no liability coverage at all. This coverage pays for hospital bills for your injuries as well as damage to your 2011 Cadillac SRX.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently these coverages are similar to your liability insurance amounts.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for short-term medical expenses for things like surgery, rehabilitation expenses, hospital visits and doctor visits. The coverages can be utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover all vehicle occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not available in all states and gives slightly broader coverage than med pay

Collision protection

This pays to fix your vehicle from damage resulting from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things like hitting a mailbox, rolling your car and damaging your car on a curb. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. It’s also possible to choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like hitting a deer, hitting a bird, a broken windshield and vandalism. The most you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage on a shoestring budget

Cheaper 2011 Cadillac SRX insurance is available on the web and from local insurance agents, so you should compare both to have the best chance of lowering rates. Some insurance providers may not provide price quotes online and most of the time these regional insurance providers provide coverage only through independent agents.

We’ve covered a lot of tips how to shop for 2011 Cadillac SRX insurance online. The most important thing to understand is the more you quote insurance, the better your chances of lowering your auto insurance rates. You may even discover the lowest rates come from a company that doesn’t do a lot of advertising. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as Geico and State Farm.