2014 Cadillac Escalade ESV Car Insurance Rates

Trying to find cheaper car insurance rates for your Cadillac Escalade ESV? Comparing car insurance rates online might seem complicated at first if you have never used online price comparisons. But relax because finding affordable coverage online is easier than you think.

Be sure to get all your discounts

The price of auto insurance can be rather high, but there are discounts available to help offset the cost. Larger premium reductions will be automatically applied at the time of quoting, but less common discounts must be specially asked for in order for you to get them.

  • Payment Method – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Military Rewards – Being on active duty in the military could mean lower rates.
  • Air Bag Discount – Vehicles with factory air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.
  • Low Mileage – Fewer annual miles on your Cadillac can qualify you for better rates on cars that stay parked.
  • Resident Student – Children who attend school more than 100 miles from home and do not have access to a covered vehicle can be insured at a reduced rate.
  • Multiple Vehicles – Buying insurance for multiple vehicles with the same company qualifies for this discount.

As a disclaimer on discounts, some of the credits will not apply to all coverage premiums. Most only cut specific coverage prices like liability and collision coverage. So despite the fact that it appears all the discounts add up to a free policy, it doesn’t quite work that way. Any qualifying discounts will cut the cost of coverage.

A partial list of companies that may have these benefits are:

Before buying, ask each company what discounts are available to you. Savings might not apply in your area.

Lesser-known factors impacting Cadillac Escalade ESV insurance rates

It’s important that you understand some of the elements that go into determining your insurance rates. When you know what positively or negatively determines base rates allows you to make educated decisions that will entitle you to big savings.

Listed below are a few of the “ingredients” companies use to determine prices.

  • Little extras can really add up – There are a ton of additional coverages that can waste your money when buying 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.
  • Being married can save on insurance – Being married actually saves money when buying insurance. Having a significant other usually means you are more mature and responsible it has been statistically shown that married drivers get in fewer accidents.
  • Don’t skimp on liability – The liability section of your policy is the coverage that protects you if ever you are found to be at fault for personal injury or accident damage. Liability provides legal defense starting from day one. This coverage is very inexpensive compared to insuring for physical damage coverage, so buy as much as you can afford.
  • Your insurance rates can be influenced by your job – Did you know your occupation can influence how much you pay for insurance? Careers like judges, executives and stock brokers have the highest rates because of high stress and long work days. On the other hand, occupations like scientists, students and homemakers get better rates on Escalade ESV coverage.
  • High numbers of claims are not good – If you frequently file small claims, you can definitely plan on either higher rates or even cancellation. Insurance companies give better rates to insureds who do not file claims often. Car insurance is meant to be used in the event of major claims that would cause financial hardship.
  • Lower rates with optional equipment – Purchasing a vehicle with anti-theft technology or alarm system can get you a discount on your insurance. Theft prevention devices like tamper alarm systems, vehicle immobilizer technology and General Motors OnStar all aid in stopping your car from being stolen.
  • High deductibles save money – Deductibles for physical damage represent how much money you are willing to pay in the event of a claim. Insurance for physical damage to your car, termed comprehensive and collision coverage on your policy, covers damage that occurs to your car. A few examples of covered claims would be colliding with a building, collision with an animal, or theft. The more expense you have to pay, the less your company will charge you for insurance on Escalade ESV coverage.
  • Don’t cancel a policy without a new one in place – Driving without insurance can get your license suspended and your next policy will cost more because you let your coverage lapse. Not only will rates go up, but not being able to provide proof of insurance may earn you a hefty fine and possibly a revoked license.You may need to provide proof of insurance in the form of an SR-22 filing with your state motor vehicle department.

How do I know if I need professional advice?

When buying adequate coverage, there is no one size fits all plan. Everyone’s needs are different.

For instance, these questions may help highlight whether your personal situation may require specific advice.

  • What are the financial responsibility laws in my state?
  • When can I cancel my policy?
  • How high should my medical payments coverage be?
  • Should I carry comprehensive and collision coverage?
  • Should I file a claim if it’s only slightly more than my deductible?
  • Will my rates increase for filing one claim?
  • Are my tools covered if they get stolen from my vehicle?
  • What is the ISO rating for a 2014 Cadillac Escalade ESV?
  • Is my trailer covered?
  • Should I buy only the required minimum liability coverage?

If you’re not sure about those questions, then you may want to think about talking to a licensed agent. To find lower rates from a local agent, simply complete this short form.

Can you really save $410 a year?

Car insurance providers like State Farm, Geico and Progressive regularly use ads in print and on television. They all have a common claim about savings if you move to them. But how can every company make almost identical claims? This is how they do it.

All the different companies can use profiling for the type of driver that earns them a profit. For example, a driver they prefer could be between 25 and 40, has no driving citations, and drives less than 10,000 miles a year. A propective insured who meets those qualifications receives the best rates and is almost guaranteed to save when switching.

Consumers who don’t qualify for this ideal profile will be quoted higher premiums which usually ends up with business going elsewhere. The ads say “drivers who switch” not “everyone that quotes” save money. That is how insurance companies can confidently make the claims of big savings.

This emphasizes why you should get as many comparisons as possible. It’s impossible to know which company will provide you with the cheapest Cadillac Escalade ESV insurance rates.

Auto insurance policy specifics

Having a good grasp of your auto insurance policy can help you determine the right coverages and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy.

Medical costs insurance – Coverage for medical payments and/or PIP pay for bills like nursing services, pain medications, X-ray expenses, ambulance fees and doctor visits. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover both the driver and occupants and will also cover getting struck while a pedestrian. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

Comprehensive or Other Than Collision – This coverage pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers things such as damage from getting keyed, rock chips in glass and damage from flooding. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverage – Liability insurance provides protection from damage that occurs to a person or their property. This insurance protects YOU from legal claims by others. Liability doesn’t cover your injuries or vehicle damage.

Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000. Another option is a combined single limit or CSL which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like structural damage, repair bills for other people’s vehicles and court costs. How much coverage you buy is your choice, but you should buy as large an amount as possible.

UM/UIM Coverage – This coverage provides protection when the “other guys” do not carry enough liability coverage. This coverage pays for hospital bills for your injuries as well as damage to your Cadillac Escalade ESV.

Because many people carry very low liability coverage limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Normally these limits are set the same as your liablity limits.

Collision – This coverage covers damage to your Escalade ESV from colliding with an object or car. A deductible applies and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as driving through your garage door, sideswiping another vehicle, rolling your car, hitting a parking meter and colliding with another moving vehicle. This coverage can be expensive, so consider dropping it from vehicles that are older. You can also increase the deductible to bring the cost down.

A penny saved is a penny earned

The cheapest 2014 Cadillac Escalade ESV insurance can be sourced online and with local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some auto insurance companies do not offer you the ability to get quotes online and usually these small insurance companies provide coverage only through local independent agents.

As you shop your coverage around, never skimp on coverage in order to save money. There are too many instances where an accident victim reduced liability limits or collision coverage and found out when filing a claim they didn’t purchase enough coverage. The aim is to buy a smart amount of coverage at an affordable rate, not the least amount of coverage.

People switch companies for many reasons like policy non-renewal, poor customer service, not issuing a premium refund and even denial of a claim. It doesn’t matter why you want to switch finding the right auto insurance provider is not as hard as you think.

Additional detailed information is available by following these links: