2004 Cadillac Escalade ESV Insurance Cost – 8 Policy Discounts

Looking for the cheapest auto insurance rates for your Cadillac Escalade ESV? Finding the cheapest insurance for a Cadillac Escalade ESV can be a painful process, but you can follow a few tricks and make it easy.

There is a right way and a wrong way to find auto insurance online and we’ll show you the best way to price shop coverage for a new or used Cadillac and obtain the lowest price.

Consumers should take time to take a look at other company’s rates on a regular basis because auto insurance prices go up and down regularly. Despite the fact that you may have had the best rates for Escalade ESV insurance a couple years back you will most likely find a better rate quote today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the things you must know in order to find lower rates on auto insurance.

Pay discount rates these eight money-saving discounts

Buying auto insurance is not cheap, but there could be significant discounts that you may not even know about. A few discounts will automatically apply at the time you complete a quote, but a few must be specifically requested prior to receiving the credit. If they aren’t giving you every credit you deserve, you could be getting lower rates.

  • Distant Student – who are attending college without a vehicle on campus could get you a discount.
  • Seat Belts Save more than Lives – Forcing all vehicle occupants to wear their seat belts can save up to 15% off PIP or medical payments premium.
  • Anti-lock Brakes – Cars and trucks that have steering control and anti-lock brakes can avoid accidents and qualify for as much as a 10% discount.
  • Save with More Vehicles Insured – Buying coverage for several vehicles on one policy could earn a price break for each car.
  • Lower Rates for Military – Being on active deployment in the military may lower your premium rates slightly.
  • Payment Discounts – If you pay your entire premium ahead of time instead of monthly or quarterly installments you may have a lower total premium amount.
  • Air Bag Discount – Cars that have air bags or motorized seat belts can get savings as much as 30%.
  • Defensive Driver – Taking time to complete a course teaching driver safety skills could earn you a small percentage discount and make you a better driver.

A little disclaimer on discounts, most of the big mark downs will not be given to the overall cost of the policy. Some only apply to the price of certain insurance coverages like liability and collision coverage. Just because you may think having all the discounts means you get insurance for free, companies wouldn’t make money that way.

If you would like to view insurers offering auto insurance discounts, click here to view.

Do I need special coverages?

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

Here are some questions about coverages that might help in determining whether you could use an agent’s help.

  • Does liability extend to a camper or trailer?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Are there companies who specialize in insuring high-risk drivers?
  • If my pet gets injured in an accident are they covered?
  • Am I covered when delivering products for my home-based business?
  • When would I need additional glass coverage?
  • Am I covered when pulling a rental trailer?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you want to speak to an agent in your area, take a second and complete this form. It’s fast, free and you can get the answers you need.

Can you really save that much by switching?

Consumers can’t avoid all the ads that promise big savings for switching from companies such as GEICO, State Farm and Progressive. They all seem to make an identical promise that you’ll save big after switching your policy.

It sounds good, but how can they all make the same claim? This is how they do it.

All the different companies have specific criteria for a prospective insured that makes them money. One example of a profitable customer might be over the age of 35, has a clear driving record, and drives less than 10,000 miles a year. Any customer that meets those criteria will get a cheap rate quote and therefore will save if they switch.

Potential insureds who cannot meet those standards will get a higher premium which usually ends up with the customer not buying. The trick companies use is to say “customers that switch” not “everyone who quotes” save that much. That’s why companies can truthfully advertise the savings.

Because of the profiling, you really need to do a quote comparison often. It’s not possible to predict the company that will fit your personal profile best.

Insurance coverage specifics

Understanding the coverages of insurance helps when choosing which coverages you need for your vehicles. Policy terminology can be impossible to understand and reading a policy is terribly boring.

Med pay and Personal Injury Protection (PIP) – Personal Injury Protection (PIP) and medical payments coverage reimburse you for bills such as EMT expenses, doctor visits, surgery and ambulance fees. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection when the “other guys” either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your Cadillac Escalade ESV.

Because many people have only the minimum liability required by law, their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is very important. Frequently the UM/UIM limits are identical to your policy’s liability coverage.

Coverage for liability – Liability insurance will cover damages or injuries you inflict on other’s property or people by causing an accident. Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. You commonly see values 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. Alternatively, you may have a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims like repair bills for other people’s vehicles, medical expenses, court costs and structural damage. How much liability should you purchase? That is your choice, but you should buy as much as you can afford.

Collision – Collision coverage pays for damage to your Escalade ESV resulting from a collision with another vehicle or an object, but not an animal. A deductible applies and then insurance will cover the remainder.

Collision coverage pays for claims such as hitting a parking meter, crashing into a ditch, colliding with another moving vehicle, damaging your car on a curb and sideswiping another vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are older. You can also raise the deductible to bring the cost down.

Comprehensive insurance – Comprehensive insurance coverage covers 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 can pay for things such as damage from getting keyed, a broken windshield, vandalism and damage from flooding. The maximum payout a insurance company will pay at claim time is the ACV or actual cash value, so if the vehicle’s value is low consider dropping full coverage.

More quotes mean more savings

Consumers leave their current company for a variety of reasons including denial of a claim, policy non-renewal, policy cancellation and even high prices. No matter why you want to switch, finding a great new company is pretty easy and you might even save some money in the process.

When you buy car insurance online, it’s not a good idea to reduce needed coverages to save money. In too many instances, an insured cut full coverage only to regret at claim time that the savings was not a smart move. Your aim should be to find the BEST coverage at the best price, not the least amount of coverage.

The cheapest 2004 Cadillac Escalade ESV insurance is available from both online companies in addition to local insurance agencies, so get free car insurance quotes from both of them in order to have the best price selection to choose from. Some insurance companies may not provide online quoting and many times these smaller providers prefer to sell through local independent agencies.

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