Save on 2012 Cadillac Escalade EXT Car Insurance Quotes

Searching for the cheapest insurance for a Cadillac Escalade EXT can be a painful process, but you can follow a few tricks to make it easier.

There is a right way and a wrong way to find auto insurance online so we’re going to tell you the quickest way to price shop coverage for a new or used Cadillac and get the best price possible.

Consumers should take time to take a look at other company’s rates quite often because rates are constantly changing. Just because you found the best rates for Escalade EXT coverage last year you can probably find a lower rate today. Ignore everything you know about auto insurance because you’re about to find out one of the easiest ways to reduce your cost while improving coverage.

Are you getting all your discounts?

Insurance can be prohibitively expensive, but there are discounts available to help bring down the price. Some discounts apply automatically at the time you complete a quote, but some may not be applied and must be specifically requested prior to receiving the credit. If they aren’t giving you every credit possible, you’re just leaving money on the table.

  • Multiple Policy Discount – If you have multiple policies with one insurance company you could get a discount of at least 10% off all policies.
  • Use Seat Belts – Buckling up and requiring all passengers to buckle their seat belts could cut 10% or more off your PIP or medical payments premium.
  • Sign Online – Certain companies may give you up to $50 simply for signing over the internet.
  • Good Students Pay Less – Getting good grades can earn a discount of 20% or more. This discount can apply until age 25.
  • Save over 55 – If you’re over the age of 55, you may receive better car insurance rates for Escalade EXT coverage.
  • Club Memberships – Being a member of a qualifying organization is a good way to get lower rates on your policy for Escalade EXT coverage.
  • Safety Course Discount – Successfully completing a driver safety course could save 5% or more if you qualify.
  • Driver’s Ed – Have your child take driver’s ed class in high school.
  • Anti-theft System – Vehicles with anti-theft systems prevent vehicle theft and will save you 10% or more.

As a disclaimer on discounts, most credits do not apply to the entire policy premium. Most cut individual premiums such as medical payments or collision. So even though it sounds like it’s possible to get free car insurance, it doesn’t quite work that way. But any discount will help reduce your overall premium however.

Insurance companies that possibly offer these money-saving discounts include:

It’s a good idea to ask each company which discounts they offer. All car insurance discounts may not apply in your area.

How to Compare Car Insurance Quotes

Shopping for lower car insurance rates can be challenging if you don’t know the best way to get rate quotes. You can spend your afternoon driving to agents in your area, or you could use online quoting to get the quickest rates.

The majority of car insurance companies participate in a marketplace that allows shoppers to only type in their quote data once, and at least one company can provide price quotes determined by their information. This prevents consumers from doing repetitive form submissions for every car insurance company.

To participate in this free quote system, click to open in new window.

One minor caviat to doing it this way is that consumers can’t choose the companies you will receive quotes from. If you prefer to choose from a list of companies to request quotes from, we have a listing of car insurance companies in your area. Click here for list of insurance companies.

However you get your quotes, make absolute certain that you use identical coverages and limits on every quote you get. If your comparisons have mixed coverages then you won’t be able to determine the lowest rate for your Cadillac Escalade EXT.

Factors that can influence insurance rates for a Cadillac Escalade EXT

It’s important that you understand the rating factors that play a part in calculating auto insurance rates. Understanding what determines base rates allows you to make educated decisions that will entitle you to lower auto insurance prices.

  • Liability insurance protects assets – The liability section of your policy provides coverage in the event that you are found to be at fault for damages from an accident. It provides legal defense coverage which can be incredibly expensive. Liability is cheap compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Multi-policy discounts can save money – The majority of auto insurance companies provide better rates to policyholders who carry more than one policy in the form of a multi-policy discount. If you currently are using one company, it’s still a good idea to shop around to confirm you are receiving the best rates possible. Consumers may find better rates by buying auto insurance from a different company.
  • Higher deductibles cost less – Deductibles for physical damage define the amount you are willing to pay in the event of a claim. Coverage for physical damage, otherwise known as comp (or other than collision) and collision, is used to repair damage to your car. Examples of covered claims are running into the backend of another car, collision with an animal, and rolling your vehicle. The higher the amount you’re willing to pay, the less your auto insurance will be for Escalade EXT coverage.
  • Your credit rating is important – A driver’s credit rating is a huge factor in determining your rates. Consumers who have high credit ratings tend to be less risk to insure as compared to drivers with poor credit. So if your credit history can use some improvement, you could be paying less to insure your 2012 Cadillac Escalade EXT by spending a little time repairing your credit.
  • You might want pay the small claims yourself – Companies provide better rates to people who are claim-free. If you are a frequent claim filer, you can definitely plan on either policy cancellation or increased premiums. Your insurance policy is intended to be relied upon for major claims that would cause financial hardship.

When might I need an agent?

When it comes to buying adequate coverage, there is no “perfect” insurance plan. Every insured’s situation is different.

Here are some questions about coverages that may help highlight whether you could use an agent’s help.

  • Will my vehicle be repaired with OEM or aftermarket parts?
  • When do I need to add a new car to my policy?
  • Does my insurance cover my expensive audio equipment?
  • How much can I save by bundling my policies?
  • Is upholstery damage covered by car insurance?
  • Does insurance cover damages from a DUI accident?

If you don’t know the answers to these questions but you know they apply to you then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, complete this form. It’s fast, free and you can get the answers you need.

Don’t believe everything you hear

Drivers constantly see and hear ads for cheaper car insurance from the likes of Allstate, Geico and Progressive. All the ads say the same thing that you can save if you change your coverage to them.

How do they all say the same thing?

All the different companies are able to cherry pick for the right customer that makes them money. An example of a preferred risk might be profiled as a mature driver, has no prior claims, and chooses high deductibles. A customer who fits that profile will qualify for the lowest rates and most likely will pay quite a bit less when switching companies.

Potential customers who don’t meet the “perfect” profile will be quoted a more expensive rate which leads to business not being written. The ads state “customers that switch” not “everybody who quotes” save money. This is how insurance companies can confidently advertise the way they do.

This emphasizes why you should get as many quotes as possible. It’s not possible to predict which company will give you the biggest savings on Cadillac Escalade EXT insurance.

Insurance policy specifics

Learning about specific coverages of your insurance policy can be of help when determining the best coverages at the best deductibles and correct limits. Insurance terms can be confusing and nobody wants to actually read their policy.

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

Comprehensive can pay for claims like damage from a tornado or hurricane, falling objects, vandalism, hitting a deer and rock chips in glass. The maximum payout a insurance company will pay at claim time is the market value of your vehicle, so if the vehicle’s value is low consider removing comprehensive coverage.

UM/UIM (Uninsured/Underinsured Motorist) coverage – Your UM/UIM coverage protects you and your vehicle when other motorists do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Cadillac Escalade EXT.

Since a lot of drivers have only the minimum liability required by law, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Collision – Collision coverage pays for damage to your Escalade EXT resulting from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as hitting a parking meter, rolling your car, colliding with another moving vehicle, damaging your car on a curb and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also bump up the deductible in order to get cheaper collision rates.

Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses like EMT expenses, dental work and X-ray expenses. The coverages can be utilized in addition to your health insurance program or if you lack health insurance entirely. They cover all vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not available in all states but can be used in place of medical payments coverage

Liability coverage – This coverage provides protection from damage or injury you incur to other’s property or people by causing an accident. This coverage protects you against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show values of 100/300/100 that means you have a limit of $100,000 per injured person, a limit of $300,000 in injury protection per accident, and $100,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL that pays claims from the same limit with no separate limits for injury or property damage.

Liability can pay for claims like bail bonds, repair costs for stationary objects, structural damage and medical expenses. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Make an honest buck

When trying to cut insurance costs, don’t be tempted to reduce coverage to reduce premium. In many cases, someone dropped full coverage to discover at claim time that it was a big mistake. The proper strategy is to find the BEST coverage at a price you can afford.

Consumers change insurance companies for a number of reasons such as delays in paying claims, policy cancellation, high rates after DUI convictions and policy non-renewal. It doesn’t matter what your reason, finding the right insurance coverage provider is actually quite simple.

We covered a lot of ways to save on 2012 Cadillac Escalade EXT insurance. The key concept to understand is the more providers you compare, the higher your chance of finding lower rates. Consumers may even find the most savings is with a small local company.

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