2018 Cadillac CTS Insurance Cost

Do you get exhausted from scraping the payment together to pay high auto insurance rates every month? You’re in the same situation as many other consumers.

Big-name insurance companies like State Farm, Farmers Insurance, Geico and Allstate promote their brand names with TV and radio ads and it is challenging if not impossible to avoid their marketing magic and take the time to shop coverage around.

Consumers need to do rate comparisons periodically since insurance prices tend to go up over time. If you had the best rates on CTS insurance a few years ago you will most likely find a better rate quote today. Ignore everything you know about auto insurance because you’re about to learn one of the best ways to save money, get proper deductibles and limits, all at the lowest rate.

If you currently have a car insurance policy, you stand a good chance to be able to save some money using this information. Finding affordable coverage is not rocket science. Nevertheless, drivers should learn how insurance companies price insurance differently and take advantage of how the system works.

How to shop insurance coverage online

There are a lot of ways to compare insurance coverage prices but some are less labor-intensive and much quicker. You could waste a few hours discussing policy coverages with agents in your area, or you can stay home and use the internet to get the quickest rates.

Most major companies participate in an industry program that enables customers to only type in their quote data once, and at least one company can give them a price based on that data. This eliminates the need for repetitive form submissions to every company. To find out how much you’re overpaying now click here to open in new window.

The only downside to comparing rates this way is you are unable to specify the insurers to get quotes from. So if you prefer to pick from a list of companies to receive pricing from, we have assembled a list of companies who write insurance coverage in your area. Click here for list of insurance companies.

Whichever way you choose to compare rates, be sure to compare identical quote data on every quote. If you have unequal deductibles or liability limits then you won’t be able to truly determine the lowest rate. Just a small difference in limits could skew the results. Keep in mind that comparing a wide range of rates will enable you to find the best rates.

Don’t overlook these insurance discounts

Insurance is not an enjoyable expense, but there could be available discounts that could drop your premiums quite a bit. A few discounts will automatically apply when you complete an application, but some may not be applied and must be asked about before being credited.

  • Pay Early and Save – By making one initial payment rather than paying monthly you can avoid monthly service charges.
  • Fewer Miles Equal More Savings – Low annual miles can qualify you for slightly better insurancerates than normal.
  • Active Service Discounts – Having a deployed family member could be rewarded with lower insurance rates.
  • Good Student – Maintaining excellent grades may save as much as 25% on a insurance quote. Most companies allow this discount up until you turn 25.
  • Employee of Federal Government – Having worked for a branch of the government could cut as much as 10% off on CTS insurance depending on your insurance provider.
  • Student Driver Training – Reduce the cost of insurance for teen drivers by having them successfully complete driver’s ed class as it will make them better drivers and lower rates.
  • ABS and Traction Control Discounts – Anti-lock brake equipped vehicles prevent accidents and the ABS can save up to 10%.
  • Auto/Home Discount – If you have multiple policies with the same insurance company you may earn over 10 percent off each policy depending on the company.
  • Buy New and Save – Buying a new car instead of a used car can be considerably cheaper because new model year vehicles are generally safer.

It’s important to note that most of the big mark downs will not be given to the overall cost of the policy. Most only cut specific coverage prices like comprehensive or collision. Just because it seems like all the discounts add up to a free policy, it’s just not the way it works.

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

  • Progressive may have discounts that include multi-vehicle, online quote discount, continuous coverage, homeowner, multi-policy, and online signing.
  • MetLife offers premium reductions for good driver, claim-free, multi-policy, accident-free, and good student.
  • Mercury Insurance may include discounts for annual mileage, type of vehicle, accident-free, multi-policy, and age of vehicle.
  • Nationwide discounts include business or organization, Farm Bureau membership, anti-theft, family plan, and easy pay.
  • Geico offers discounts for good student, driver training, emergency military deployment, multi-vehicle, and daytime running lights.
  • AAA includes discounts for pay-in-full, good student, good driver, AAA membership discount, multi-policy, and multi-car.

Before you buy a policy, ask each company or agent how many discounts you can get. Discounts may not be available in your area. If you would like to choose from a list of insurance companies that have a full spectrum of discounts, click here to view.

When to get professional advice

When it comes to choosing proper insurance coverage, there is no perfect coverage plan. Everyone’s needs are different so your insurance needs to address that. Here are some questions about coverages that could help you determine whether you might need an agent’s assistance.

  • Do I need medical payments coverage since I have good health insurance?
  • Why am I required to buy high-risk coverage?
  • What is the difference between comprehensive and collision coverage?
  • Should I buy full coverage?
  • If my 2018 Cadillac CTS is totaled, can I afford another vehicle?
  • When can I cancel my policy?
  • Should I have a commercial auto policy?
  • Why am I be forced to buy a membership to get insurance from some companies?
  • What companies insure drivers after a DUI or DWI?
  • Is a blown tire covered by insurance?

If you’re not sure about those questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, simply complete this short form or you can go here for a list of companies in your area.

Informed consumers can cut their insurance prices

Multiple criteria are used when you get your auto insurance bill. Most are fairly basic such as traffic violations, but some are less apparent like where you live and annual miles driven.

  • Job reflects on premiums – Occupations like military generals, executives and stock brokers tend to have higher rates than the rest of us due to high stress levels and long work hours. On the flip side, occupations like farmers, historians and performers get better rates on CTS insurance.
  • Vehicles with better crash test results save money – Vehicles with high crash test scores tend to have better insurance rates. Safer cars reduce occupant injuries and lower injury rates means your insurance company pays less and cheaper rates on your policy.
  • Insure car and home with the same company – Many insurance companies provide lower prices to policyholders that purchase more than one policy. It’s known as a multi-policy discount. The discount can be 10 percent or more. If you currently are using one company, consumers should still shop around to ensure the best deal. Consumers may find better rates even if you insure with multiple companies
  • Accidents inflate prices – Your driving citation history has a big impact on rates. Attentive drivers receive lower rates than bad drivers. Only having one citation can increase the cost of insurance twenty percent or more. Drivers who have flagrant violations like DUI, reckless driving or excessive speeding may find that they have to to maintain a SR-22 with their state’s department of motor vehicles in order to continue driving.
  • Annual miles is a factor – The higher the miles on your Cadillac each year the higher your rate. A lot of companies charge to insure your cars based upon how much you drive. Autos used primarily for pleasure use can get a lower rate as compared to vehicles used primarily for driving to work. Incorrect rating for your CTS can cost quite a bit. It’s always a good idea to double check that your vehicle rating shows the right rating data, because it can save money.
  • Big city or small town – Having an address in less populated areas of the country may provide you with better prices if you are looking for the lowest rates. Fewer drivers corresponds to lower accident rates in addition to fewer liability claims. Drivers in populated areas have to deal with more traffic problems and more time behind the wheel. More time on the road means a statistically higher chance of an accident.

Auto insurance coverage information

Understanding the coverages of a car insurance policy helps when choosing the best coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and reading a policy is terribly boring. These are the normal coverages found on the average car insurance policy.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage provide coverage for bills like prosthetic devices, doctor visits, X-ray expenses, EMT expenses and chiropractic care. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Coverage applies to all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not universally available but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as fire damage, rock chips in glass, damage from getting keyed, theft and falling objects. The maximum amount your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Collision insurance

This pays for damage to your CTS resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.

Collision coverage protects against things like sustaining damage from a pot hole, backing into a parked car, rolling your car and sideswiping another vehicle. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are 8 years or older. You can also raise the deductible to bring the cost down.

Uninsured/Underinsured Motorist (UM/UIM)

This provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries to you and your family and damage to your Cadillac CTS.

Since many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. This is the reason having UM/UIM coverage is a good idea. Most of the time the UM/UIM limits are similar to your liability insurance amounts.

Coverage for liability

This coverage provides protection from injuries or damage you cause to people or other property by causing an accident. This coverage protects you from legal claims by others, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see values of 50/100/50 that means you have $50,000 bodily injury coverage, $100,000 for the entire accident, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which combines the three limits into one amount with no separate limits for injury or property damage.

Liability coverage pays for claims such as funeral expenses, medical services and structural damage. How much liability coverage do you need? That is your choice, but consider buying as high a limit as you can afford.

Have the Midas touch

You just learned some good ideas how to get a better price on 2018 Cadillac CTS insurance. The key concept to understand is the more rate quotes you have, the better your comparison will be. You may be surprised to find that the lowest car insurance rates come from a company that doesn’t do a lot of advertising. These companies may only write in your state and offer lower premium rates compared to the large companies like Allstate, Geico and Progressive.

A few companies do not offer rates over the internet and these smaller providers provide coverage only through independent insurance agencies. Discount 2018 Cadillac CTS insurance can be purchased on the web and from local agencies, so you need to compare both to have the best chance of lowering rates.

Much more information about auto insurance can be found at the links below

Comments About 2018 Cadillac CTS Insurance

  1. Paul Suarez

    I compared a lot of rate quotes for a 2018 Cadillac CTS in Warwick, Rhode Island. Ended up at about $160 every six months with Amica. Good savings if you bundle. Not sure if rates are cheaper online or not.

  2. Carlita Golden

    What does medical payments cover?

  3. Nova Berry

    From Fort Smith, Arkansas. I don’t recall every quote but I ended up saving about $70 each month. Have a couple speeding tickets too.

  4. Martin Chen

    Live in the northern part of Provo, UT. I quoted with USAA, AAA, Hanover, and Nationwide for my CTS and saved just over $220 a year. Good savings if you bundle. It’s easy to compare rates online now.

  5. Mozelle Greene

    Will Allstate cancel me for an at-fault accident?

  6. Kaitlyn Hall

    If you have a good history and live near Saint Paul, MN, check out 21st Century. They seem to be cheaper. I increased coverages a little too.

  7. Johnson Camacho

    I got quite a few price quotes for a 2018 Cadillac CTS in Kansas City, KS. Ended up at roughly $520 every six months with American Family. Left Farmers to switch.

  8. Bernardine Lott

    I’m from Charlotte, NC. Not sure of all the companies but I ended up saving about $50 each month. Just go online and compare their rates.

  9. Elia Bradley

    Corporate greed I’m telling you. From west side of Knoxville, TN. I don’t recall every quote but I ended up saving about $30 each month. Thankfully I’m not a high risk driver. Wish I didn’t have to insure at all.