2016 Cadillac XTS Insurance Rates

Trying to find low-cost insurance for a Cadillac XTS can be a painful process, but you can follow a few tricks to save time. There is a right way and a wrong way to compare auto insurance rates and you need to know the absolute fastest way to compare rates for a new or used Cadillac and get the lowest possible price.

You need to compare rates every six months because prices are rarely the same from one policy term to another. Despite the fact that you may have had the best deal for XTS insurance last year the chances are good that you can find a lower rate today. There is a lot of bad advice regarding auto insurance out there, but in this article, you’re going to get some excellent ideas to find affordable auto insurance.

Smart consumers can reduce insurance rates

Lots of things are part of the equation when quoting car insurance. Some of the criteria are obvious like your driving record, but others are less apparent like where you live or how safe your car is.An important part of buying insurance is that you know a few of the rating criteria that aid in calculating your premiums. If you have some idea of what determines base rates, this empowers consumers to make smart changes that may reward you with much lower annual insurance costs.

  • Don’t cancel your insurance without a new one in place – Driving without insurance is a misdemeanor and insurance companies will penalize you for letting your coverage cancel without a new policy in place. Not only will you pay higher rates, the inability to provide proof of insurance can result in a fine, jail time, or a revoked license.
  • You might have higher rates if you are single – Being married may save some money on insurance. Marriage demonstrates that you tend to be less irresponsible and statistics prove being married results in fewer claims.
  • Better premiums on safer cars – Vehicles that have high safety ratings tend to be cheaper to insure. These vehicles result in less severe injuries and lower rates of occupant injuries translates into fewer and smaller insurance claims which can mean better rates for you. If your Cadillac has at least four stars on Safercar.gov you may pay a lower rate.
  • Employer reflects on prices – Careers like military generals, social workers and medical professionals tend to have higher premium rates because of intense work-related stress and extremely grueling work hours. Conversely, careers such as professors, athletes and retirees pay the least for XTS insurance.
  • Drive lots and pay more – The higher the miles on your Cadillac every year the higher your rate. Many insurance companies charge to insure your cars based on how the vehicle is used. Cars that have low annual miles receive lower rates compared to those used for work or business. An incorrectly rated XTS is throwing money out the window. Verify your insurance declarations sheet states the right rating data, because improper ratings can cost you money.

How to get free auto insurance quotes online

Finding a lower price on 2016 Cadillac XTS insurance is actually easier than you may think. Consumers just need to take a few minutes comparing price quotes from online providers. This can be accomplished in just a few minutes using one of these methods.

One of the best ways consumers can analyze rates is an all-inclusive rate comparison (click to open form in new window). This type of form keeps you from doing separate quotation requests for each company. Just one form gets coverage cost estimates from multiple low-cost companies. Just one form and you’re done.

A slightly less efficient method to obtain and compare quotes online is to take the time to go to each individual company website and complete a new quote form. For examples sake, let’s say you want to compare State Farm, Liberty Mutual and Travelers. In order to compare rates, you need to spend time on each company’s site and enter your policy data, which is why most consumers use the first method.

To view a list of companies in your area, click here.

Even if you have time, the least recommended method to find lower rates is physically going to different agent offices. Quoting and buying insurance online has reduced the need for local agents unless your situation requires the advice and guidance of a local agency. Although you can price shop online but purchase the actual policy in an agency.

Whichever method you choose, make sure you use nearly identical coverage data for each comparison quote. If you enter mixed coverages it’s impossible to determine the best price for your Cadillac XTS.

Save $460 a year. For real?

Consumers can’t escape the ads for the lowest price auto insurance by companies like Allstate, Geico and Progressive. They all seem to advertise the message that you can save just by moving your policy.

How does every company give you a better price? It’s all in how they say it.

Auto insurance companies have underwriting criteria for a prospective insured that will be a good risk. An example of a desirable risk might be married and over the age of 30, owns a home, and drives a vehicle with a low ISO rating. A customer who matches that profile may get the lowest car insurance rates and as a result will probably save quite a bit of money when switching.

Consumers who do not fit this ideal profile will be quoted a higher rate which results in the prospect going elsewhere. If you pay attention, the ads say “people who switch” not “all people who quote” save that much. This is how companies can truthfully make those claims. Because each company has a different risk profile, you really should get insurance quotes from several different companies. It’s not possible to predict with any certainty which company will have the lowest rate quotes.

Slash your car insurance rates with discounts

Some providers do not advertise all their discounts in an easy-to-find place, so we researched some of the best known and also the more inconspicuous discounts that you can inquire about if you buy insurance online.

  • Student Discount for Driver Training – Teen drivers should complete a driver education course if it’s offered in school.
  • Seat Belt Discounts – Drivers who require all vehicle occupants to buckle up can save up to 15% off PIP or medical payments premium.
  • No Claim Discounts – Insureds with no claims or accidents pay much less as compared to accident-prone drivers.
  • Theft Deterent System – Cars with anti-theft systems are less likely to be stolen and that can save you a little bit as well.
  • Safety Course Discount – Successfully completing a course teaching defensive driver skills could cut 5% off your bill if you qualify.
  • Senior Discount – Drivers over the age of 55 can get a small discount on rates for XTS insurance.
  • Smart Student Discounts – This discount may save you up to 25%. Most companies allow this discount up to age 25.
  • E-sign – Some of the larger companies will provide an incentive for buying your policy online.
  • Auto/Home Discount – If you can combine your homeowners and auto policy with one insurance company you will save nearly 15% which can help you find the cheapest insurance.
  • Discounts for Multiple Vehicles – Buying insurance for multiple cars on one policy can reduce rates for all insured vehicles.

It’s important to understand that most credits do not apply the the whole policy. Some only reduce individual premiums such as comp or med pay. Despite the fact that it seems like all the discounts add up to a free policy, car insurance companies aren’t that generous. Any qualifying discounts will lower your policy premiums.

Some of the insurance companies that may offer some of the above discounts include:

When quoting, ask all companies you are considering which discounts they offer. Savings might not be offered in every state. To choose insurers who offer car insurance discounts, click this link.

You are unique and your insurance should be too

When it comes to buying coverage for your vehicles, there isn’t really a single plan that fits everyone. Everyone’s situation is a little different.

These are some specific questions may help you determine if your situation might need an agent’s assistance.

  • Does my insurance cover my expensive audio equipment?
  • Does coverage extend to a rental car in a foreign country?
  • How much can I save by bundling my policies?
  • Can I drive in Mexico and have coverage?
  • How can I force my company to pay a claim?
  • Is my 2016 Cadillac XTS covered for flood damage?
  • Is my camper covered by my car insurance policy?
  • Why am I required to get a high-risk car insurance policy?
  • Does my 2016 Cadillac XTS need full coverage?
  • Am I covered if hit by an uninsured driver?

If you don’t know the answers to these questions but a few of them apply, you might consider talking to a licensed insurance agent. If you don’t have a local agent, take a second and complete this form. It’s fast, doesn’t cost anything and you can get the answers you need.

Insurance coverages and their meanings

Understanding the coverages of your policy can be of help when determining the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and even agents have difficulty translating policy wording.

Collision insurance

Collision coverage pays to fix your vehicle from damage resulting from colliding with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like colliding with a tree, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also increase the deductible to bring the cost down.

Comprehensive coverage

This coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then the remaining damage will be covered by your comprehensive coverage.

Comprehensive insurance covers claims such as damage from getting keyed, hitting a deer and falling objects. The most you can receive from a comprehensive claim is the market value of your vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Uninsured/Underinsured Motorist coverage

This gives you protection from other drivers when they either are underinsured or have no liability coverage at all. It can pay for medical payments for you and your occupants and damage to your Cadillac XTS.

Since many drivers only purchase the least amount of liability that is required, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Liability auto insurance

This coverage will cover injuries or damage you cause to other people or 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 commonly see liability limits of 50/100/50 that translate to a $50,000 limit per person for injuries, a limit of $100,000 in injury protection per accident, and property damage coverage for $50,000.

Liability insurance covers things such as attorney fees, medical expenses and court costs. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as much as you can afford.

Medical payments coverage and PIP

Medical payments and Personal Injury Protection insurance provide coverage for expenses for things like pain medications, nursing services and X-ray expenses. The coverages can be used in conjunction with a health insurance plan or if there is no health insurance coverage. Coverage applies to you and your occupants and will also cover if you are hit as a while walking down the street. Personal Injury Protection is only offered in select states but can be used in place of medical payments coverage

Find Good Coverage for Less

Drivers change insurance companies for a number of reasons such as extreme rates for teen drivers, being labeled a high risk driver, delays in responding to claim requests and policy non-renewal. It doesn’t matter why you want to switch finding the right auto insurance provider can be less work than you think.

As you prepare to switch companies, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, someone dropped liability limits or collision coverage to discover at claim time that saving that couple of dollars actually costed them tens of thousands. Your goal is to buy the best coverage you can find for the lowest price, but do not skimp to save money.

You just read many ways to save on 2016 Cadillac XTS insurance. The most important thing to understand is the more rate quotes you have, the more likely it is that you will get a better rate. You may even find the lowest priced auto insurance comes from a company that doesn’t do a lot of advertising.

To learn more, link through to the articles below: