2008 Cadillac Escalade EXT Insurance Quotes

I can’t think of a single person who looks forward to buying car insurance, particularly when they are paying too much.

Because you have many companies and agents to choose from, it’s difficult to pick the best company.

It’s a great practice to price shop coverage at least once a year due to the fact that insurance rates are variable and change quite frequently. Just because you had the lowest price for Escalade EXT coverage two years ago you can probably find a better price now. Block out anything you think you know about car insurance because you’re about to learn the best way to buy cheaper car insurance.

You probably qualify for some discounts

The price of auto insurance can be rather high, but you may find discounts to help offset the cost. Larger premium reductions will be automatically applied at the time of quoting, but some may not be applied and must be requested specifically prior to getting the savings.

  • No Claims – Claim-free drivers pay much less as compared to frequent claim filers.
  • Sign Online – A few companies will give a small break for buying your policy over the internet.
  • Seat Belt Usage – Requiring all passengers to use a seat belt could save 15% on the medical payments or PIP coverage costs.
  • Senior Discount – If you’re over the age of 55, you may receive a small decrease in premiums for Escalade EXT coverage.
  • Life Insurance Discount – Larger companies have lower rates if you buy life insurance from them.
  • Payment Method – If you pay your bill all at once instead of paying each month you can actually save on your bill.
  • Driver Safety – Taking a course teaching defensive driving skills can save you 5% or more depending on where you live.
  • Save with a New Car – Buying coverage on a new vehicle can be considerably cheaper since new cars are generally safer.
  • Discount for Good Grades – This discount can get you a discount of up to 25%. Earning this discount can benefit you up until you turn 25.

It’s important to understand that some of the credits will not apply the the whole policy. Some only reduce the price of certain insurance coverages like liability and collision coverage. Even though it may seem like all the discounts add up to a free policy, car insurance companies aren’t that generous. Any amount of discount will help reduce your overall premium however.

Companies who might offer these benefits include:

It’s a good idea to ask each company how you can save money. Savings may not be available in your area.

Insurance Comparisons

The are a couple different ways of comparing rates from local insurance companies. The easiest way to find competitive 2008 Cadillac Escalade EXT insurance rates is to get quotes online. This can be done in a couple of different ways.

The most efficient way consumers can make multiple comparisons is to use a rate comparison form click to view form in new window. This easy form keeps you from doing boring form submissions for each company you want a rate for. One form submission compares rates from insurance companies with the best prices.

A less efficient way to find lower rates is going to each company website and fill out their own quote form. For instance, let’s say you want to compare Farmers, Geico and Progressive. To find out each rate you need to take the time to go to each site to enter your coverage information, which is why the first method is more popular. To view a list of companies in your area, click here.

It doesn’t matter which method you choose, just double check that you are using the exact same coverage limits for every quote you compare. If you use different deductibles it will be next to impossible to truly determine the lowest rate. Just a small difference in limits may result in large price differences. And when price shopping your coverage, getting more free quotes helps you find a better price.

Factors that can influence insurance rates for a Cadillac Escalade EXT

Smart consumers have a good feel for some of the elements that play a part in calculating auto insurance rates. Understanding what influences your rates allows you to make educated decisions that could result in lower auto insurance prices.

Shown below are a partial list of the pieces companies use to determine premiums.

  • Protect your assets with liability insurance – Liability insurance will protect you when a court rules you are at fault for damages from an accident. Liability provides for a legal defense up to the limits shown on your policy. Liability insurance is quite affordable compared to physical damage coverage, so do not skimp.
  • Do you need the policy add-ons? – There are many extra bells and whistles that can waste your money when buying auto insurance. Things like roadside assistance, accident forgiveness and term life insurance may be wasting your money. These coverages may sound good when you first buy your policy, but if they’re wasting money remove them from your policy.
  • Do you know you’re credit rating? – Credit score is a big factor in determining your rates. If your credit rating is lower than you’d like, you could pay less to insure your 2008 Cadillac Escalade EXT by repairing your credit. Consumers who have good credit tend to be less risk to insure than those with poor credit.
  • Your stress level may be raising your rates – Did you know your job can affect your rates? Occupations such as lawyers, social workers and stock brokers tend to pay the highest rates attributed to high stress and long work hours. On the other hand, jobs such as scientists, students and homemakers have the lowest average rates for Escalade EXT coverage.
  • Lower rates with optional equipment – Choosing a vehicle with an alarm system can get you a discount on your auto insurance. Anti-theft features like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system can thwart your car from being stolen.
  • Allowing your policy to lapse raises rates – Driving with no insurance is a misdemeanor and auto insurance companies will penalize you for letting your insurance expire. And not only will your rates increase, but being ticketed for driving with no insurance will get you a hefty fine and possibly a revoked license.

There’s no such thing as the perfect policy

When buying the right insurance coverage for your personal vehicles, there really is not a one size fits all plan. Every insured’s situation is different so your insurance should reflect that For example, these questions might point out if your situation might need an agent’s assistance.

  • Do I need more liability coverage?
  • Am I covered when driving a rental car?
  • Am I covered if hit by an uninsured driver?
  • Can I get a multi-policy discount?
  • Am I covered if I drive in a foreign country?
  • Does liability extend to a camper or trailer?
  • Is my cargo covered for damage or theft?
  • What is no-fault insurance?
  • What is an SR-22 filing?
  • When would I need rental car insurance?

If you don’t know the answers to these questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

Car insurance coverage considerations

Having a good grasp of car insurance can help you determine appropriate coverage for your vehicles. Policy terminology can be confusing and nobody wants to actually read their policy. These are typical coverage types offered by car insurance companies.

Uninsured Motorist or Underinsured Motorist insurance – 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 damage to your Cadillac Escalade EXT.

Since a lot of drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Most of the time 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 such as chiropractic care, nursing services, doctor visits and pain medications. They can be utilized in addition to your health insurance policy or if you lack health insurance entirely. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Liability auto insurance – Liability coverage will cover damage or injury you incur to a person or their property. This coverage protects you from legal claims by others. Liability doesn’t cover damage to your own property or vehicle.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 25/50/25 which means a limit of $25,000 per injured person, a total of $50,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit without having the split limit caps.

Liability coverage protects against claims like medical services, loss of income and repair bills for other people’s vehicles. How much liability should you purchase? That is a decision to put some thought into, but consider buying as large an amount as possible.

Collision coverages – This coverage pays for damage to your Escalade EXT caused by collision with another car or object. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims such as sideswiping another vehicle, hitting a parking meter, hitting a mailbox and backing into a parked car. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. You can also raise the deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as falling objects, vandalism, rock chips in glass, hail damage and hitting a deer. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Don’t break the bank

Cost effective 2008 Cadillac Escalade EXT insurance can be found from both online companies and with local insurance agents, so you should compare both to have the best rate selection. A few companies do not offer the ability to get a quote online and usually these regional insurance providers provide coverage only through local independent agents.

As you prepare to switch companies, do not skimp on critical coverages to save a buck or two. Too many times, consumers will sacrifice physical damage coverage only to regret at claim time that the savings was not a smart move. The ultimate goal is to purchase plenty of coverage at the best price.

More detailed insurance coverage information can be read in the articles below: