Compare 2013 Cadillac Escalade EXT Car Insurance Cost

No car owner loves paying for insurance coverage, in particular when it costs too dang much.

Numerous insurers battle for your hard-earned dollar, and because of this it can be hard to compare auto insurance companies to find the best price available.

It’s a good habit to compare prices on a regular basis because insurance coverage prices are variable and change quite frequently. If you had the best quotes on Escalade EXT coverage on your last policy you may be paying too much now. Forget all the misinformation about insurance coverage because it’s time to teach you the things you must know in order to find better rates and still maintain coverage.

Cheap insurance rates with discounts

Car insurance can cost a lot, but you may find discounts to help bring down the price. Larger premium reductions will be automatically applied when you complete an application, but occassionally some discounts must be specially asked for before you get the savings. If you do not double check each discount you deserve, you’re paying more than you need to.

• No Claim Discounts – Claim-free drivers pay less in comparison with bad drivers.
• Driver Training Discounts – Completing a course teaching safe driver skills may get you a small discount and also improve your driving technique.
• Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems could see savings of up to 25% or more.
• Employee of Federal Government – Simply working for the federal government could qualify for a slight premium decrease on Escalade EXT coverage with select insurance companies.
• Homeowners Discount – Owning your own home or condo can earn you a little savings due to the fact that maintaining a home is proof of financial responsibility.
• Online Discount – A handful of insurance companies give back up to $50 for buying your policy on the web.
• Discount for Multiple Policies – If you combine your homeowners and auto policies and place coverage with the same company you may earn at least 10 to 15 percent or more.
• Seat Belt Usage – Drivers who require all occupants to fasten their seat belts can save up to 10 percent (depending on the company) off the medical payments premium.
• Sign Early and Save – Some insurance companies provide a discount for switching companies before your current expiration date. It can save you around 10%.
• Distant Student Discount – Kids who live away from home to go to college and do not have access to a covered vehicle can be insured at a reduced rate.

It’s important to understand that most credits do not apply the the whole policy. Most only reduce specific coverage prices like collision or personal injury protection. Even though it may seem like all the discounts add up to a free policy, you aren’t that lucky.

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

• Farm Bureau offers premium reductions for youthful driver, driver training, multi-policy, safe driver, and renewal discount.
• Liberty Mutual includes discounts for safety features, preferred payment discount, new move discount, good student, newly retired, new vehicle discount, and hybrid vehicle.
• State Farm has savings for good student, driver’s education, accident-free, multiple policy, good driver, student away at school, and safe vehicle.
• Auto-Owners Insurance policyholders can earn discounts including multi-policy, anti-theft, multiple vehicles, student away at school, safe vehicle, company car, and teen driver.
• Geico may include discounts for daytime running lights, defensive driver, military active duty, multi-policy, anti-lock brakes, and federal employee.
• SAFECO may have discounts that include teen safe driver, teen safety rewards, anti-theft, drive less, and safe driver.

Before purchasing a policy, check with all the companies which discounts you may be entitled to. Some credits might not be offered on policies in your area. To see insurance companies who offer online insurance quotes, follow this link.

Tailor your car insurance coverage to you

When buying adequate coverage for your vehicles, there is no cookie cutter policy. Every insured’s situation is different so your insurance needs to address that. These are some specific questions can aid in determining if your situation would benefit from professional advice.

• Should I sign the liability waiver when renting a car?
• Am I covered when driving a rental car?
• Do I need an umbrella policy?
• Can I make deliveries for my home business?
• When should I remove comp and collision on my 2013 Cadillac Escalade EXT?
• How much liability coverage do I need in my state?
• Can I rate high risk drivers on liability-only vehicles?
• Am I covered when using my vehicle for business?
• Do I need PIP coverage since I have good health insurance?
• What is the ISO rating for a 2013 Cadillac Escalade EXT?

If you don’t know the answers to these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Misconceptions in insurance advertisements

Insurance companies such as Progressive, Geico, Allstate and State Farm continually stream television and radio advertisements. All the companies convey the message that you can save just by moving your insurance policy to them. How does every company cost less than your current company?

Different companies quote their best rates for a prospective insured that will add to their bottom line. A good example of this type of risk profile might be described as between the ages of 30 and 45, has no driving citations, and drives a lower-performance vehicle. A customer getting a price quote that fits those parameters gets the lowest car insurance rates and will also save when they switch companies.

Drivers who are not a match for this ideal profile will probably be forced to pay more expensive rates which translates to the prospect going elsewhere. If you listen closely, the ads state “drivers who switch” not “everybody who quotes” will save that much if they switch. This is how insurance companies can confidently make those statements.

Because of these techniques, drivers should compare price quotes frequently. It’s not possible to predict which company will provide you with the cheapest premium rates.

Specific coverages for a Cadillac Escalade EXT

Having a good grasp of your policy aids in choosing which coverages you need and the correct deductibles and limits. Insurance terms can be ambiguous and reading a policy is terribly boring. Shown next are typical coverages available from insurance companies.

Comprehensive insurance

This coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage pays for things such as theft, falling objects, damage from a tornado or hurricane and a tree branch falling on your vehicle. The most your insurance company will pay is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Collision coverage protection

This coverage pays for damage to your Escalade EXT resulting from colliding with an object or car. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for claims such as driving through your garage door, colliding with a tree and crashing into a building. This coverage can be expensive, so consider dropping it from lower value vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for bills like doctor visits, dental work, nursing services and pain medications. The coverages can be utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and also covers any family member struck as a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

This protects you and your vehicle from other motorists when they do not carry enough liability coverage. It can pay for injuries to you and your family and also any damage incurred to your Cadillac Escalade EXT.

Because many people carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. For this reason, having high UM/UIM coverages is very important. Frequently these limits are identical to your policy’s liability coverage.

Liability coverages

This will cover injuries or damage you cause to other’s property or people. It protects YOU against claims from other people, and doesn’t cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 which stand for a $50,000 limit per person for injuries, a per accident bodily injury limit of $100,000, and $50,000 of coverage for damaged propery. Some companies may use a combined single limit or CSL that pays claims from the same limit without having the split limit caps.

Liability can pay for claims such as pain and suffering, loss of income, legal defense fees and emergency aid. How much liability coverage do you need? That is a personal decision, but you should buy as high a limit as you can afford.

What is YOUR best insurance company?

More affordable auto insurance is attainable on the web in addition to many insurance agents, so you should compare both so you have a total pricing picture. Some auto insurance companies don’t offer online price quotes and usually these regional carriers provide coverage only through local independent agencies.

When you buy car insurance online, it’s not a good idea to reduce needed coverages to save money. In many instances, someone sacrificed collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your aim should be to buy a smart amount of coverage for the lowest cost but still have enough coverage for asset protection.

For more information, feel free to visit the resources below:

• Determing Auto Insurance Rates (Geico)
• Child Safety FAQ (iihs.org)
• Tread Depth and Tire Safety (State Farm)
• What is Covered by an Auto Insurance Policy? (Insurance Information Insitute)