2012 Cadillac SRX Insurance Quotes – 10 Savings Tips

Trying to find better auto insurance rates? Buyers have many options when searching for the lowest priced Cadillac SRX insurance. You can either spend your time calling around trying to get quotes or utilize the internet to compare rates. There is a better way to compare auto insurance rates so we’re going to tell you the proper way to get price quotes on a Cadillac and obtain the lowest possible price from local insurance agents and online providers.

How to buy car insurance

Reducing your 2012 Cadillac SRX insurance rates is surprisingly easy. You just have to take time to compare rate quotes from different insurance companies. Shoppers can get rates using a couple different methods.

1. The easiest and least time consuming way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This form eliminates the need for boring form submissions for each price estimate. Just one form gets coverage cost estimates instantly. This is perfect if you don’t have a lot of time.
2. A more difficult way to find more affordable insurance is to take the time to go to the website for every company you want to comare and repeat the quote process again and again. For sake of this example, we’ll pretend you need rates from Progressive, Safeco and GMAC. To get rate quotes you would need to go to each individual site and type in your information over and over, which can be really labor intensive.

   For a handy list of car insurance company links in your area, click here.

3. The last method to price shop rates is making phone calls or going to local insurance agencies. The ability to get quotes online eliminates the middleman unless you prefer the trained guidance of a local agent. Drivers can price shop online but have your policy serviced through an agent.

Which method you use is up to you, but ensure you’re using the exact same coverage information on every quote. If you are comparing different coverage information then you won’t be able to make a fair comparison for your Cadillac SRX.

These ten discounts can lower your auto insurance rates

Companies don’t always list every disount available very well, so the following list contains some of the best known and also the lesser-known auto insurance savings.

• Bundle and Save – If you combine your auto and home policies with the same company you may earn at least 10% off all policies.
• Telematics Data Discounts – People who choose to allow companies to monitor driving habits through the use of a telematics system such as Progressive’s Snapshot may see discounts if they exhibit good driving behavior.
• Fewer Miles Equal More Savings – Maintaining low annual mileage could qualify for lower prices on the low mileage vehicles.
• Discount for Swiching Early – A few insurance companies give discounts for buying a new policy early. The savings is around 10%.
• Seat Belt Usage – Requiring all passengers to fasten their seat belts may be able to save a few bucks on medical payment and PIP coverage.
• Active Military Service – Being on active deployment in the military could be rewarded with lower prices.
• Home Ownership Discount – Being a homeowner can earn you a little savings because maintaining a house shows financial diligence.
• Life Insurance – If the company offers life insurance, you could get better rates if you take out life insurance.
• Payment Method – If you pay your bill all at once instead of making monthly payments you may have a lower total premium amount.
• Driver Safety – Passing a course teaching safe driver skills could save 5% or more and also improve your driving technique.

Just know that most of the big mark downs will not be given to the entire cost. Most only cut individual premiums such as collision or personal injury protection. So when the math indicates adding up those discounts means a free policy, companies wouldn’t make money that way.

A few popular companies and their possible discounts can be read below.

• State Farm has discounts for multiple autos, defensive driving training, good driver, Drive Safe & Save, good student, driver’s education, and passive restraint.
• Geico offers premium reductions for defensive driver, multi-vehicle, anti-theft, federal employee, good student, and driver training.
• Allstate may offer discounts for passive restraint, EZ pay plan discount, teenSMART discount, auto/life discount, resident student, premier discount, and economy car.
• SAFECO includes discounts for anti-theft, bundle discounts, teen safety rewards, multi-car, safe driver, and drive less.
• Farm Bureau may include discounts for multi-policy, driver training, multi-vehicle, renewal discount, youthful driver, and safe driver.
• Progressive policyholders can earn discounts including online signing, homeowner, online quote discount, continuous coverage, multi-policy, multi-vehicle, and good student.
• AAA discounts include AAA membership discount, good driver, anti-theft, pay-in-full, multi-policy, and good student.

If you need cheap insurance coverage quotes, ask every insurance company which discounts can lower your rates. Some discounts might not be offered in your area. For a list of insurers with discount auto insurance rates, follow this link.

Different people need different insurance coverage coverages

When buying proper insurance coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different.

For instance, these questions may help you determine whether you may require specific advice.

• What is the ISO rating for a 2012 Cadillac SRX?
• Does my 2012 Cadillac SRX need full coverage?
• How does medical payments coverage work?
• Can my babysitter drive my car?
• Do I pay less for low miles?
• Can my teen driver be rated on a liability-only vehicle?

If you can’t answer these questions but a few of them apply, you might consider talking to an insurance agent. If you don’t have a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can help protect your family.

Information about specific coverages

Learning about specific coverages of your policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Coverage for liability

This protects you from damage that occurs to people or other property by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three 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 which stand for a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers claims such as pain and suffering, emergency aid, funeral expenses and legal defense fees. How much coverage you buy is your choice, but consider buying as large an amount as possible.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for short-term medical expenses like hospital visits, ambulance fees and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you are not covered by health insurance. It covers both the driver and occupants in addition to any family member struck as a pedestrian. PIP is not an option in every state and may carry a deductible

Collision protection

Collision insurance pays for damage to your SRX resulting from colliding with an object or car. You first must pay a deductible then your collision coverage will kick in.

Collision coverage protects against claims such as backing into a parked car, scraping a guard rail, crashing into a building and colliding with a tree. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. You can also choose a higher deductible to save money on collision insurance.

Comprehensive auto coverage

Comprehensive insurance coverage pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hail damage, vandalism, falling objects and theft. The maximum payout a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants when other motorists either are underinsured or have no liability coverage at all. This coverage pays for injuries to you and your family and damage to your Cadillac SRX.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea.

Save your cold hard cash

When you buy insurance coverage online, it’s very important that you do not sacrifice coverage to reduce premiums. There are too many instances where someone dropped comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your strategy should be to purchase a proper amount of coverage at the lowest possible cost.

Budget-conscious 2012 Cadillac SRX insurance is possible on the web and from local agencies, so you should be comparing quotes from both in order to have the best price selection to choose from. Some insurance coverage companies do not offer rates over the internet and usually these regional insurance providers prefer to sell through independent insurance agencies.

Consumers who switch companies do it for a variety of reasons including extreme rates for teen drivers, high rates after DUI convictions, lack of trust in their agent and even poor customer service. Regardless of your reason for switching companies, switching companies is actually quite simple.

More detailed insurance coverage information can be read by following these links:

• Five Mistakes to Avoid (Insurance Information Insitute)
• Protect Yourself Against Auto Theft (Insurance Information Insitute)
• Steps to Take After an Auto Accident (Insurance Information Insitute)
• Frontal Crash Tests (iihs.org)