Lower Your 2013 Cadillac CTS-V Wagon Insurance Rates

Comparison shopping for cheaper Driverscar insurance can be challenging for drivers not familiar with online comparison shopping. Since there are so many online companies, it can be a ton of work to find a more affordable company.

You need to get comparison quotes once or twice a year since rates change quite often. Just because you found the best rate for CTS-V Wagon insurance a few years ago you may be paying too much now. Forget anything you know (or think you know) about car insurance because you’re going to learn the right way to save on car insurance.

If you are paying for car insurance now, you should be able to cut costs considerably using these tips. Pricing affordable insurance coverage can be fairly easy. But car owners must understand the way companies market on the web and apply this information to your search.

The best way we recommend to compare car insurance company rates is to know the fact most insurance companies participate in online systems to compare rate quotes. All consumers are required to do is provide the companies a bit of rating information such as how old drivers are, if your license is active, daily mileage, and how much coverage you want. The rating information is instantly sent to all major companies and you will get price comparisons almost instantly.

Get lower rates by taking advantage of discounts

Auto insurance is easily one of your largest bills, but you might already qualify for some discounts that can dramatically reduce your bill. Certain discounts will be applied at the time of purchase, but some need to be asked about prior to getting the savings.

• Include Life Insurance and Save – Select companies reward you with lower premium rates if you buy life insurance from them.
• Anti-theft Discount – Cars that have factory anti-theft systems prevent vehicle theft and qualify for as much as a 10% discount.
• Drive Less and Save – Low annual miles could be rewarded with discounted prices on garaged vehicles.
• Multiple Policy Discount – If you combine your homeowners and auto policies and insure them both with the same insurance company they may give you a discount of over 10 percent off each policy depending on the company.
• Savings for New Vehicles – Adding a new car to your policy can cost up to 25% less since newer models are generally safer.
• Active Service Discounts – Being on active deployment in the military could trigger a small discount.

While discounts sound great, it’s important to understand that some credits don’t apply the the whole policy. Some only apply to individual premiums such as collision or personal injury protection. So when the math indicates all those discounts means the company will pay you, insurance companies wouldn’t stay in business. But any discount will reduce your auto insurance premiums.

A list of auto insurance companies and some of the premium reductions they offer are included below.

• Geico may offer discounts for five-year accident-free, daytime running lights, good student, federal employee, anti-lock brakes, and air bags.
• USAA has savings for multi-policy, military installation, good student, vehicle storage, multi-vehicle, loyalty savings, and driver training.
• Progressive offers premium reductions for online signing, online quote discount, continuous coverage, good student, multi-vehicle, multi-policy, and homeowner.
• American Family discounts include bundled insurance, good driver, TimeAway discount, Steer into Savings, and good student.
• Esurance may have discounts that include online quote, good student, safety device, Switch & Save, homeowner, renters, and defensive driver.
• Farmers Insurance offers discounts including electronic funds transfer, switch companies, bundle discounts, mature driver, distant student, and early shopping.
• State Farm includes discounts for anti-theft, Steer Clear safe driver discount, safe vehicle, passive restraint, good driver, good student, and Drive Safe & Save.

Before buying, ask every company which discounts they offer. Savings may not apply in your area. To see a list of insurers with significant discounts, click this link.

How much auto insurance do I need?

When it comes to choosing coverage for your vehicles, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s.

These are some specific questions might point out whether or not you could use an agent’s help.

• Is motorclub coverage worth it?
• I have a DUI can I still get coverage?
• Does coverage extend to a rental car in a foreign country?
• Am I covered by my spouse’s policy after a separation?
• What is roadside assistance coverage?
• When does my teenage driver need to be added to my policy?
• Is a new car covered when I drive it off the dealer lot?

If it’s difficult to answer those questions but a few of them apply, you may need to chat with a licensed insurance agent. If you want to speak to an agent in your area, take a second and complete this form.

Car insurance coverage information

Learning about specific coverages of your car insurance policy helps when choosing appropriate coverage at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and coverage can change by endorsement.

Uninsured/Underinsured Motorist coverage

Your UM/UIM coverage gives you protection from other motorists when they are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Cadillac CTS-V Wagon.

Since a lot of drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Auto liability

This coverage protects you from damages or injuries you inflict on people or other property. This coverage protects you from legal claims by others, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. As an example, you may have liability limits of 50/100/50 which means a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and $50,000 of coverage for damaged propery.

Liability coverage pays for claims like repair costs for stationary objects, legal defense fees, emergency aid, structural damage and loss of income. The amount of liability coverage you purchase is a decision to put some thought into, but consider buying higher limits if possible.

Comprehensive coverage

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

Comprehensive coverage protects against claims such as theft, hail damage and a tree branch falling on your vehicle. The highest amount a car insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for things like pain medications, chiropractic care, surgery, prosthetic devices and rehabilitation expenses. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and also covers if you are hit as a while walking down the street. PIP coverage is not available in all states but it provides additional coverages not offered by medical payments coverage

Auto collision coverage

Collision coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision insurance covers things like backing into a parked car, hitting a parking meter, damaging your car on a curb, crashing into a building and colliding with a tree. This coverage can be expensive, so you might think about dropping it from lower value vehicles. You can also choose a higher deductible to save money on collision insurance.

Keep this in mind

When getting insurance coverage quotes online, do not reduce coverage to reduce premium. There are a lot of situations where drivers have reduced physical damage coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your goal should be to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

People leave their current company for a variety of reasons including high prices, extreme rates for teen drivers, delays in responding to claim requests or an unsatisfactory settlement offer. Regardless of your reason, choosing a new company is not as hard as you think.

A few companies may not have rate quotes online and many times these regional carriers sell through independent insurance agencies. Budget-conscious 2013 Cadillac CTS-V Wagon insurance can be purchased both online in addition to local insurance agencies, so compare prices from both to have the best selection.

Additional information can be read at the links below

• When is the Right Time to Switch Car Insurance Companies? (Allstate)
• How to Avoid Common Accidents (State Farm)
• Preventing Carjacking and Theft (Insurance Information Insitute)
• Can I Drive Legally without Insurance? (Insurance Information Insitute)