2004 Cadillac Escalade Insurance Quotes

Trying to find better auto insurance rates for your Cadillac Escalade? Trying to come up with a payment for expensive auto insurance can take a big chunk out of your savings and force you to make sacrifices. Comparing rates annually is recommended to lower your monthly bill.

Numerous auto insurance companies battle for your business, so it can be very hard to choose a company to discover the definitive cheapest price

You need to quote other rates occasionally because auto insurance rates go up and down regularly. If you had the best rate on Escalade insurance two years ago you will most likely find a better price today. Forget all the misinformation about auto insurance because we’re going to demonstrate the best methods to lower your rates without sacrificing coverage.

If you have a policy now or need new coverage, you can use these techniques to find better prices while maintaining coverages. Choosing the best insurance company for you is quite easy. Drivers only need to know how to shop for auto insurance over the internet.

Slash your insurance coverage rates with discounts

Some companies do not advertise all disounts very clearly, so the following list contains a few of the more common and the more hidden ways to save on insurance coverage.

  • Active Service Discounts – Being on active deployment in the military may lower your insurance coverage rates slightly.
  • Claim Free – Insureds who avoid accidents and claims can earn big discounts in comparison with drivers who are more careless.
  • Discount for Low Mileage – Fewer annual miles on your Cadillac could be rewarded with better premium rates on cars that stay parked.
  • Theft Prevention System – Cars and trucks with anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Discount for Home Ownership – Just being a homeowner may trigger a policy discount on insurance coverage due to the fact that maintaining a home demonstrates responsibility.
  • Policy Bundle Discount – If you insure your home and vehicles and place coverage with the same company they may give you a discount of at least 10 to 15 percent or more.
  • Driver Training Discounts – Taking time to complete a class that teaches defensive driver techniques can save you 5% or more if you qualify.

Discounts save money, but please remember that some credits don’t apply to the entire cost. Most only apply to the price of certain insurance coverages like liability and collision coverage. So despite the fact that it appears adding up those discounts means a free policy, it doesn’t quite work that way.

A few of the larger companies and some of their more popular discounts are included below.

  • 21st Century discounts include anti-lock brakes, student driver, early bird, air bags, homeowners, and good student.
  • Progressive may offer discounts for multi-vehicle, online quote discount, continuous coverage, multi-policy, and good student.
  • State Farm may include discounts for accident-free, multiple autos, student away at school, good driver, and safe vehicle.
  • Nationwide offers discounts for anti-theft, business or organization, family plan, Farm Bureau membership, easy pay, and defensive driving.
  • Esurance offers premium reductions for good driver, emergency road assistance, Switch & Save, homeowner, safety device, and paid-in-full.
  • The Hartford includes discounts for anti-theft, bundle, driver training, vehicle fuel type, good student, air bag, and defensive driver.

When quoting, ask all the companies to give you their best rates. Some discounts might not be available to policyholders in your state. If you would like to see a list of insurance companies that offer some of these discounts, click this link.

Smart choices result in lower insurance prices

Lots of things are part of the equation when you get your auto insurance bill. A few of the factors are predictable like a motor vehicle report, but other factors are more obscure such as your credit history and annual miles driven.Smart consumers have a good feel for some of the elements that play a part in calculating the rates you pay for insurance. If you have some idea of what determines premiums, this allows you to make educated decisions that can help you get better insurance rates.

  • Single drivers may pay more – Being married can get you a discount when buying insurance. Having a spouse usually means you are more responsible and insurance companies like that drivers who are married file infrequent claims.
  • Males tend to take more risk – Statistics have proven women tend to be less risk to insure than men. It does not mean women are better drivers. Both sexes are in at-fault accidents at about the same rate, but the males have accidents that have higher claims. Not only are claims higher, but men get more serious tickets such as reckless driving.
  • Teenage drivers are expensive to insure – Teenage drivers have a tendency to be less responsible with other occupants in the car therefore insurance rates are much higher. Having to add a beginning driver onto your insurance can increase premiums substantially. Mature drivers are viewed as being more responsible, cause fewer claims and accidents , and usually have better credit.
  • You might want pay the minor insurance claims yourself – If you’re an insured who likes to file claims you can expect either policy cancellation or increased premiums. Auto insurance companies provide most affordable rates to drivers who are not frequent claim filers. Auto insurance is designed for the large, substantial claims.
  • High deductibles equal low rates – Physical damage deductibles are how much you are willing to pay if the claim is covered. Physical damage insurance, termed comprehensive and collision coverage on your policy, insures against damage to your car. Some examples of covered claims could be rearending another vehicle, collision with a deer, and damage from wind. The more of the claim the insured is willing to pay, the less your insurance will be on Escalade insurance.
  • GPS tracking and theft deterrents systems cut insurance rates – Choosing to buy a car that has a built-in theft deterrent system can save you some money. Theft prevention devices such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help prevent your car from being stolen.

You are unique and your auto insurance should be too

When it comes to choosing the best auto insurance coverage, there really is not a cookie cutter policy. Your needs are not the same as everyone else’s so your insurance needs to address that. Here are some questions about coverages that might point out if your situation may require specific advice.

  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered if I break a side mirror?
  • When should I drop full coverage on my 2004 Cadillac Escalade?
  • Do I have coverage for damage caused while driving under the influence?
  • Does my policy pay for OEM or aftermarket parts?
  • Am I insured when driving a different vehicle?
  • Exactly who is provided coverage by my policy?

If it’s difficult to answer those questions but you know they apply to you, then you may want to think about talking to a licensed insurance agent. If you want to speak to an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.

The auto insurance bait and switch

Consumers constantly see and hear ads that promise big savings from the likes of Progressive, Allstate and GEICO. They all say the same thing about how much you will save just by switching your policy.

It sounds good, but how can they all make the same claim? Here is the trick they use.

Insurance companies have specific criteria for the driver that earns them a profit. For instance, a profitable customer could be between the ages of 30 and 50, has other policies, and has excellent credit. A customer getting a price quote that hits that “sweet spot” receives the best car insurance rates and have a good chance to save a lot of money.

Consumers who don’t qualify for these stringent criteria will be quoted higher prices with the end result being the customer not purchasing. If you listen closely, the ads state “people that switch” not “everyone that quotes” save that much. That’s the way companies can truthfully make claims like that. Because every company is different, drivers should do a rate comparison at every renewal. It’s not possible to predict with any certainty which company will have better rates than you’re paying now.

Auto insurance 101

Having a good grasp of your policy can help you determine appropriate coverage for your vehicles. Policy terminology can be difficult to understand and even agents have difficulty translating policy wording. These are the normal coverages available from car insurance companies.

Comprehensive auto coverage

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hail damage, hitting a bird, theft, rock chips in glass and vandalism. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if the vehicle is not worth much consider dropping full coverage.

Medical payments and PIP coverage

Med pay and PIP coverage provide coverage for bills for things like funeral costs, doctor visits, X-ray expenses and surgery. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Auto collision coverage

This covers damage to your Escalade caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against things like crashing into a ditch, driving through your garage door and rolling your car. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to increase the deductible to bring the cost down.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants and also any damage incurred to your Cadillac Escalade.

Since a lot of drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is a good idea.

Auto liability

This coverage will cover damage that occurs to a person or their property that is your fault. It protects YOU from claims by other people. It does not cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 25/50/25 which means $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property.

Liability coverage pays for claims such as medical expenses, emergency aid and repair bills for other people’s vehicles. How much liability should you purchase? That is a personal decision, but buy higher limits if possible.

Be a smart shopper

You just read some good ideas how you can save on 2004 Cadillac Escalade insurance. The key concept to understand is the more quotes you get, the better likelihood of getting cheap auto insurance. You may be surprised to find that the best car insurance rates are with some of the smallest insurance companies. Regional companies may cover specific market segments cheaper compared to the large companies like State Farm, GEICO and Nationwide.

When shopping online for insurance coverage, never buy lower coverage limits just to save a few bucks. There are too many instances where consumers will sacrifice collision coverage only to discover later that the savings was not a smart move. The ultimate goal is to find the BEST coverage for the lowest price while still protecting your assets.

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