2008 Cadillac DTS Insurance Cost

Wish you could get out of an expensive car insurance policy? Don’t feel bad because you are not the only one feeling buyer’s remorse. Online insurance companies like State Farm, GEICO and Farmers Insurance all promote huge savings with catchy ads and it is difficult to see past the geckos and flying pigs and do the work needed to find the best deal.

It is always a good idea to do price comparisons before your policy renews due to the fact that insurance prices are rarely the same from one policy term to another. Just because you had the lowest rate for DTS coverage a few years ago you can probably find a better premium rate now. Ignore everything you know about car insurance because you’re going to learn one of the quickest ways to reduce your cost while increasing coverage.

If you are insured now or are just looking to switch companies, you can follow these tips to get lower rates while maximizing coverage. Buying car insurance is quite easy. Drivers only need an understanding of the proper way to buy car insurance over the internet.

The easiest way to get rate comparisons is to know the fact most of the larger companies participate in online systems to compare their rates. All consumers are required to do is provide the companies a bit of rating information such as what your job is, the type of vehicles you drive, if the car is leased, and if you’re married. Your rating data is sent automatically to multiple top-rated companies and you receive quotes within a short period of time.

Don’t listen to company ads

Consumers can’t ignore all the ads that promise big savings by companies like GEICO, State Farm and Progressive. All the companies make the point that you can save if you just switch your policy.

How is it plausible that every one can give you a better price? You have to listen carefully.

Insurance providers offer their best rates for the type of driver that earns them a profit. One example of a desirable risk may be between 25 and 40, has had continuous coverage, and drives a lower-performance vehicle. Any person who meets those qualifications will qualify for the lowest rates and will save some money.

Potential customers who don’t meet the “perfect” profile will be quoted higher premiums and ends up with the customer not buying. If you listen to the ad wording, they say “people who switch” not “everyone that quotes” will save that much if they switch. That’s the way insurance companies can confidently advertise the savings. Because every company is different, it’s extremely important to compare as many free car insurance quotes as you can. Because you cannot predict which insurance companies will be your best fit.

Informed consumers know how to get insurance cheaper

An important part of buying insurance is that you know the rating factors that aid in calculating the level of your policy premiums. If you have a feel for what positively or negatively impacts your premiums, this allows you to make educated decisions that can help you get much lower annual insurance costs.

Shown below are some of the major factors that factor into your prices.

  • Your occupation and insurance rates – Careers such as doctors, social workers and stock brokers tend to pay the highest average rates because of job stress and extremely grueling work hours. On the other hand, careers such as scientists, athletes and the unemployed have lower than average premiums for DTS coverage.
  • Don’t let your policy lapse – Having an insurance coverage lapse will be a sure-fire way to bump up your insurance costs. Not only will you pay more, the inability to provide proof of insurance could result in a license revocation or jail time.
  • Drive a safer car and pay less – Vehicles that have high safety ratings tend to have better insurance rates. The safest vehicles reduce injuries and fewer serious injuries means your insurance company pays less passed on to you as lower rates.
  • Age of drivers impacts costs – Mature drivers are viewed as being more responsible, statistically cause fewer accidents and receive fewer citations.Teenage drivers are statistically shown to be inattentive and easily distracted when at the wheel of a vehicle so they pay higher insurance rates.
  • Prevent your car from being stolen – Buying a car with a 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 hinder your car from being stolen.
  • Only buy extra coverages you need – There are quite a few extra bells and whistles that may not really be needed if you don’t pay attention. Add-on coverages like replacement cost coverage, accident forgiveness, and additional equipment coverage are some examples. They may sound like good ideas when buying your policy, but if you don’t need them get rid of them and save.
  • Lower premiums for being claim-free – If you’re an insured who likes to file claims you shouldn’t be surprised to get either higher rates or even cancellation. Auto insurance companies give most affordable rates to people who file claims infrequently. Auto insurance is intended to be relied upon for larger claims.

Cheaper auto insurance rates with discounts

Insuring your vehicles can cost a lot, but there’s a good chance there are discounts that can help lower your rates. Some discounts apply automatically when you purchase, but a few must be specifically requested prior to getting the savings. If you are not receiving all the discounts you deserve, you’re just leaving money on the table.

  • Federal Government Employee – Federal government employees can save as much as 8% for DTS coverage with select insurance companies.
  • Distant College Student Discount – Kids who are enrolled in higher education away from home without a vehicle on campus can receive lower rates.
  • Anti-lock Brake Discount – Cars that have anti-lock braking systems prevent accidents so companies give up to a 10% discount.
  • Homeowners Savings – Owning a home can save you money since owning and maintaining a home is proof that your finances are in order.
  • Buy New and Save – Adding a new car to your policy can save up to 30% since new model year vehicles are generally safer.
  • Online Discount – A few larger companies will give a small break for signing up on their website.
  • Seat Belt Discounts – Requiring all passengers to buckle up before driving can save up to 10 percent (depending on the company) off PIP or medical payments premium.
  • Low Mileage – Driving less can qualify you for better premium rates on cars that stay parked.

Don’t be shocked that most discount credits are not given to your bottom line cost. Some only reduce individual premiums such as liability, collision or medical payments. Despite the appearance that all the discounts add up to a free policy, it’s just not the way it works.

The best auto insurance companies and some of their more popular discounts can be read below.

  • Progressive may have discounts that include online signing, homeowner, multi-policy, online quote discount, and multi-vehicle.
  • The Hartford offers premium reductions for anti-theft, bundle, defensive driver, vehicle fuel type, air bag, driver training, and good student.
  • Mercury Insurance offers discounts including annual mileage, professional/association, accident-free, age of vehicle, good driver, anti-theft, and ease of repair.
  • GEICO offers discounts for emergency military deployment, seat belt use, defensive driver, multi-vehicle, multi-policy, anti-lock brakes, and driver training.
  • AAA policyholders can earn discounts including AAA membership discount, good student, pay-in-full, multi-car, good driver, and anti-theft.
  • State Farm may include discounts for anti-theft, defensive driving training, accident-free, multiple policy, good driver, and student away at school.

Check with every company which discounts you qualify for. Discounts might not be available to policyholders in your area. If you would like to view companies with discount rates, click here to view.

Tailor your insurance coverage coverage to you

When it comes to buying the right insurance coverage for your personal vehicles, there really is not a “perfect” insurance plan. Everyone’s needs are different so your insurance needs to address that. For example, these questions can aid in determining if your situation would benefit from professional advice.

  • Is my state a no-fault state?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • What can I do if my company won’t pay a claim?
  • How much liability coverage do I need in my state?
  • Do I have any recourse if my insurance company denies a claim?
  • Is my Cadillac DTS covered if I use it for business?

If you can’t answer these questions but a few of them apply, you might consider talking to an agent. If you don’t have a local agent, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, free and you can get the answers you need.

Car insurance coverage breakdown

Having a good grasp of your policy can be of help when determining the right coverages and proper limits and deductibles. Policy terminology can be difficult to understand and reading a policy is terribly boring. Listed below are typical coverage types found on the average car insurance policy.

Coverage for collisions

Collision insurance will pay to fix damage to your DTS caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers things such as colliding with another moving vehicle, sustaining damage from a pot hole, colliding with a tree, driving through your garage door and backing into a parked car. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. Drivers also have the option to increase the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage provide coverage for immediate expenses such as EMT expenses, X-ray expenses and prosthetic devices. They are used to cover expenses not covered by your health insurance plan or if you lack health insurance entirely. It covers both the driver and occupants and also covers getting struck while a pedestrian. PIP is not an option in every state but can be used in place of medical payments coverage

Comprehensive insurance

Comprehensive insurance coverage pays to fix your vehicle from 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 like hail damage, damage from flooding and hitting a bird. The maximum payout a car insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability auto insurance

This coverage will cover damage that occurs to people or other property by causing an accident. This coverage protects you from claims by other people, and does not provide coverage for 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 might see policy limits of 100/300/100 that translate to $100,000 bodily injury coverage, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability coverage protects against things such as emergency aid, pain and suffering and repair bills for other people’s vehicles. How much coverage you buy is a decision to put some thought into, but consider buying as large an amount as possible.

Uninsured/Underinsured Motorist (UM/UIM)

Your UM/UIM coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Smart shoppers get results

A few companies don’t offer online price quotes and usually these small insurance companies only sell through independent insurance agents. Budget-friendly insurance coverage can be found both online and also from your neighborhood agents, and you should compare rates from both to have the best chance of lowering rates.

When getting car insurance quotes online, it’s not a good idea to sacrifice coverage to reduce premiums. There have been many cases where an insured cut liability limits or collision coverage only to find out that the small savings ended up costing them much more. Your aim should be to purchase plenty of coverage at an affordable rate but still have enough coverage for asset protection.

More information can be read at the links below