Cheap 2017 Cadillac CTS-V Car Insurance Quotes

Did a good deal turn into an expensive car insurance policy? You’re in good company because there are many drivers thinking the same thing.

Numerous car insurance companies battle for your insurance dollar, and because of this it can be hard to compare insurers to get the lowest price

It’s important to compare rates occasionally because insurance prices change quite often. If you had the best rates for CTS-V coverage six months ago there is a good chance you can find better rate quotes now. Forget anything you know (or think you know) about car insurance because we’re going to show you the only way to save on car insurance.

How to buy auto insurance online

When shopping for cheaper auto insurance quotes, there are a couple of ways of comparing price quotes from all the different companies. One of the best ways to comparison shop involves getting comparison quotes online. This can be done in several different ways.

1. The most recommended method to get the best comparison quotes is an all-inclusive rate comparison like this one (opens in new window). This style of form prevents you from having to do multiple quote forms for each company you want a rate for. Just one form gets prices estimates from many national carriers.
2. A different way to find better pricing is spending the time to visit the website for each individual company and go through the quote process again. For example, let’s assume you are doing a rate comparison from Liberty Mutual, Geico and GMAC. You would need to navigate to each company’s site and repeatedly enter your information, which can take a lot of time. For a handy list of car insurance company links in your area, click here.
3. The final method to shop rates is to waste gas driving to all the different insurance agencies. The ability to buy insurance online eliminates this option unless you have a complicated situation and need the peace of mind of a licensed agent. It is possible with some companies find lower rates online and have a local agent actually service the policy.

Which method you use is up to you, but make sure you use equivalent coverage limits and deductibles on every price quote you get. If you compare unequal deductibles or liability limits you will not be able to determine which rate is truly the best. Having just a slight variation in insurance coverages or limits may result in large price differences. Keep in mind that more quotes helps improve the odds of finding the best offered rates. Not every company does quotes online, so it’s important to compare price estimates on coverage from those companies, too.

Don’t overlook these auto insurance discounts

Some insurers don’t always list every available discount very well, so the following is a list of both well-publicized and the more hidden ways to save on auto insurance.

• New Car Discount – Insuring a vehicle that is new can cost up to 25% less because newer vehicles are generally safer.
• Organization Discounts – Having an affiliation with a qualifying organization can get you a small discount on your bill.
• Multiple Cars – Buying a policy with all your vehicles with the same auto insurance company may reduce the rate for each vehicle.
• Passenger Safety Discount – Vehicles equipped with air bags or motorized seat belts may get savings up to 30%.
• Theft Prevention Discount – Cars equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and can earn a small discount on your policy.

A little disclaimer on discounts, most of the big mark downs will not be given to all coverage premiums. Most only cut individual premiums such as collision or personal injury protection. So when it seems like all the discounts add up to a free policy, that’s just not realistic. But all discounts will positively reduce your premiums.

A list of auto insurance companies and a summarized list of policyholder discounts include:

• Farm Bureau offers discounts including renewal discount, youthful driver, 55 and retired, multi-vehicle, multi-policy, and driver training.
• MetLife policyholders can earn discounts including accident-free, good driver, good student, claim-free, and defensive driver.
• Progressive offers discounts for homeowner, continuous coverage, multi-policy, online signing, good student, and online quote discount.
• AAA offers premium reductions for multi-car, good student, pay-in-full, good driver, AAA membership discount, and education and occupation.
• American Family includes discounts for bundled insurance, defensive driver, good student, Steer into Savings, and mySafetyValet.
• Geico has discounts for emergency military deployment, driver training, daytime running lights, air bags, seat belt use, anti-theft, and anti-lock brakes.
• State Farm may include discounts for good student, safe vehicle, multiple policy, passive restraint, defensive driving training, and multiple autos.

If you are trying to find the cheapest auto insurance quotes, ask every company how many discounts you can get. Some discounts listed above may not be available everywhere. To choose providers with significant discounts, click here.

When to get professional advice

When it comes to buying adequate coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different so your insurance needs to address that. For instance, these questions may help you determine whether your personal situation could use an agent’s help.

• Will I lose any money if I cancel my policy before it expires?
• Do I have coverage when making deliveries for my home business?
• Am I covered if my car is in a flood?
• Do I need PIP coverage since I have good health insurance?
• Should I sign the liability waiver when renting a car?
• Does my policy cover me when driving someone else’s vehicle?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies.

Insurance prices are influenced by these factors

One of the most helpful ways to save on insurance is to to have a grasp of the rating factors that help determine the level of your policy premiums. If you have some idea of what determines premiums, this enables informed choices that will entitle you to big savings. Many different elements are used in the calculation when you quote your car insurance policy. Some are obvious such as traffic violations, but other criteria are not as apparent such as your marital status and annual miles driven.

The list below includes some of the factors insurance companies consider when setting your premiums.

• Theft deterrents save – Purchasing a vehicle with anti-theft technology or alarm system can help bring down rates. Theft prevention features such as tamper alarm systems, vehicle immobilizer technology and General Motors OnStar help track and prevent auto theft.
• Eliminate unneeded extra policy coverages – Insurance companies have many extra bells and whistles that sound like a good idea at the time if you aren’t diligent. Insurance for vanishing deductibles, towing, and motor club memberships are examples of these. They may seem like a good idea initially, but if you have no use for them remove them from your policy.
• Higher prices for policy lapses – Not maintaining insurance is not a good idea and you will pay a penalty because you let your coverage lapse. In addition to paying higher rates, being ticketed for driving with no insurance could earn you a fine, jail time, or a revoked license.
• Occupation reflects on insurance rates – Jobs such as military personnelairline pilots and medical professionals generally have the highest average rates in part from high stress levels and lots of time spent at work. On the other hand, occupations such as farmers, engineers and the unemployed pay lower than average rates for CTS-V coverage.

Car insurance policy specifics

Learning about specific coverages of your policy helps when choosing the best coverages and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are the usual coverages offered by car insurance companies.

Collision protection

This pays for damage to your CTS-V caused by collision with a stationary object or other vehicle. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like sideswiping another vehicle, crashing into a building and damaging your car on a curb. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

Your UM/UIM coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for injuries sustained by your vehicle’s occupants as well as damage to your 2017 Cadillac CTS-V.

Due to the fact that many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. So UM/UIM coverage is important protection for you and your family. Usually these coverages are similar to your liability insurance amounts.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for EMT expenses, rehabilitation expenses, funeral costs, dental work and nursing services. They are often used in conjunction with a health insurance plan or if you do not have health coverage. Medical payments and PIP cover both the driver and occupants as well as if you are hit as a while walking down the street. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Comprehensive coverage (or Other than Collision)

Comprehensive insurance covers damage from a wide range of events other than collision. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for things such as fire damage, damage from flooding and theft. The highest amount you can receive from a comprehensive claim is the actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability coverage

Liability coverage protects you from damages or injuries you inflict on a person or their property that is your fault. This insurance protects YOU from legal claims by others, and 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 values of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000. Occasionally you may see a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims such as medical services, emergency aid, repair costs for stationary objects, court costs and structural damage. How much coverage you buy is your choice, but it’s cheap coverage so purchase as much as you can afford.

Save for a rainy day

As you restructure your insurance plan, never buy poor coverage just to save money. In many cases, consumers will sacrifice comprehensive coverage or liability limits to discover at claim time that a couple dollars of savings turned into a financial nightmare. Your focus should be to purchase a proper amount of coverage at a price you can afford while not skimping on critical coverages.

A few companies may not offer rate quotes online regional carriers work with independent agents. More affordable auto insurance is possible both online as well as from independent agents, so you should compare both to get a complete price analysis.

Additional auto insurance information is located on the following sites:

• Avoiding Deer Collisions (Insurance Information Insitute)
• No-Fault Auto Insurance Statistics (Insurance Information Insitute)
• Medical Payments Coverage (Liberty Mutual)
• Auto Crash Statistics (Insurance Information Insitute)