Lower Your 2015 Cadillac Escalade ESV Insurance Rates

Searching for lower insurance rates for your Cadillac Escalade ESV? Are you kicking yourself for buying an underperforming, overpriced insurance policy? Trust us, there are many drivers thinking the same thing. You have so many insurance companies to insure vehicles with, and although it’s nice to have a choice, too many choices makes it more difficult to locate the cheapest rates.

It’s smart to compare rates periodically because prices fluctuate regularly. Just because you found the lowest rates for Escalade ESV coverage six months ago other companies may now be cheaper. Forget all the misinformation about insurance because I’m going to teach you one of the best ways to properly buy coverages and cut your premium.

Cheapest insurance quotes

There are a variety of methods to shop for insurance, and some are less time-consuming than others. You could waste a few hours talking about coverages with insurance companies in your area, or you could use the web to get rate comparisons in just a few minutes.

Many companies take part in a program where prospective buyers only type in their quote data once, and at least one company provides a quote for coverage. This prevents consumers from doing form submissions for each company.

To participate in this free quote system, click here (opens in new window).

The only downside to doing it this way is that consumers can’t choose which providers you want pricing from. If you prefer to choose from a list of companies for rate comparison, we have assembled a list of insurance companies in your area. Click here to view list.

It’s up to you how you get prices quotes, just make sure you compare equivalent coverage limits and deductibles for every company. If each company quotes different limits and deductibles on each one you will not be able to truly determine the lowest rate.

Start a Quote Now

Lower rates by qualifying for discounts

The price of auto insurance can be rather high, but you may be missing some discounts that can help lower your rates. Certain discounts will be applied at quote time, but some need to be asked about in order for you to get them. If you aren’t receiving every discount you deserve, you may be paying too high a price.

Telematics Devices – Drivers that enable their company to study driving manner through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system might get better premium rates if their driving habits are good.
Student Discounts – Maintaining excellent grades may save as much as 25% on a insurance quote. Earning this discount can benefit you until age 25.
Pay Now and Pay Less – By paying your policy upfront rather than paying in monthly installments you could save 5% or more.
Discounts for New Vehicles – Buying a new car model is cheaper due to better safety requirements for new vehicles.
Homeowners Savings – Owning a house can get you a discount due to the fact that maintaining a home demonstrates responsibility.
Auto/Life Discount – Not all companies offer life insurance, but some may give you a discount if you purchase a life policy as well.
Discounts for Cautious Drivers – Safe drivers can pay as much as 50% less for Escalade ESV coverage than drivers with accident claims.
Driver Education Discount – Make teen driver coverage more affordable by requiring them to sucessfully take a drivers education course as it can save substantially.
Auto/Home Discount – When you have multiple policies and insure them both with the same insurance company you could get a discount of as much as 10 to 15 percent.
Multiple Vehicles – Buying insurance for more than one vehicle with the same company can get a discount on all vehicles.

Drivers should understand that many deductions do not apply the the whole policy. Some only reduce the cost of specific coverages such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, companies don’t profit that way.

Insurance companies that may have most of these discounts may include but are not limited to:

When quoting, ask all companies you are considering how many discounts you can get. Some discounts may not be available in your area. To locate insurers with the best car insurance discounts, click here.

Insurance is unique, just like you

When it comes to buying the right insurance coverage, there isn’t really a one size fits all plan. Every situation is different so your insurance should reflect that Here are some questions about coverages that can aid in determining whether you might need an agent’s assistance.

Is my teenager covered with friends in the car?
Which companies will insure high-risk drivers?
Can I rate high risk drivers on liability-only vehicles?
Can I get a multi-policy discount for packaging my home and auto coverage?
Why does it cost so much to insure a teen driver?
Does my policy cover me when driving someone else’s vehicle?
Am I covered when delivering products for my home-based business?
Which is better, split liability limits or combined limits?
Why do I only qualify for high-risk insurance?
Is extra glass coverage worth it?

If you can’t answer these questions but you think they might apply to your situation, you may need to chat with an insurance agent. If you don’t have a local agent, take a second and complete this form or go to this page to view a list of companies. It’s fast, doesn’t cost anything and can help protect your family.

Learn how to quote insurance for less

An important part of buying insurance is that you know a few of the rating criteria that go into determining your premiums. When you understand what determines premiums, this enables you to make decisions that can earn you much lower annual insurance costs. Lots of things are part of the calculation when premium rates are determined. Some of the criteria are obvious like your driving record, but other criteria are less obvious such as whether you are married or how safe your car is.

The following are a partial list of the pieces utilized by car insurance companies to help set your premiums.

Bundle policies with the same company – Most major insurance companies allow better rates to buyers who buy several policies from them in the form of a multi-policy discount. The discount can be anywhere from five to ten percent in most cases. Even with this discount applied, drivers will still want to comparison shop to guarantee you are still saving the most.
More people means more accidents – Residing in smaller towns and rural areas of the country may provide you with better prices when shopping for auto insurance. Fewer drivers and short commutes means fewer accidents and also fewer theft and vandalism claims. City drivers have more auto accidents and more time behind the wheel. Longer commute distances can result in more accidents.
Single drivers take more risk – Your spouse can actually save you money on insurance. Having a spouse means you’re less irresponsible and insurance companies like that drivers who are married are more cautious.
Premiums drop with age – Teen drivers tend to get distracted easily when driving so they pay higher insurance rates. More mature drivers have been proven to be more responsible, cost insurance companies less in claims , and usually have better credit.
Your career may increase premiums – Did you know your occupation can influence how much you pay for insurance? Careers like fire fighterspolice officers and stock brokers are shown to have the highest rates because of intense work situations and lots of time spent away from family. On the other hand, jobs such as farmers, students and retirees get better rates for Escalade ESV coverage.

Smaller companies may have the best rates

Consumers constantly see and hear ads for cheaper car insurance by companies like State Farm and Allstate. All the companies seem to make the promise about how much you will save if you move your policy.

How does every car insurance company give you a lower rate? This is the way they can do it.

Insurance companies give the best rates for the driver that will not have excessive claims. A good example of a desirable insured may be a married male, has no prior claims, and has excellent credit. A customer who matches that profile will get low prices and most likely will save quite a bit of money when switching.

Potential customers who do not meet these stringent criteria must pay a higher premium which translates to business going elsewhere. Company advertisements say “customers that switch” but not “everyone who gets a quote” save money. This is how insurance companies can advertise the way they do. This really illustrates why you really should compare many company’s premium rates. It is just not possible to predict which insurance companies will have the best auto insurance rates.

Coverage specifics

Understanding the coverages of your insurance policy aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are typical coverage types found on most insurance policies.

Medical payments coverage and PIP

Med pay and PIP coverage pay for bills for things like chiropractic care, EMT expenses, dental work, rehabilitation expenses and X-ray expenses. They are used to fill the gap from your health insurance plan or if there is no health insurance coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants and also covers any family member struck as a pedestrian. PIP coverage is only offered in select states and may carry a deductible

Comprehensive coverage

Comprehensive insurance covers damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against claims such as a tree branch falling on your vehicle, rock chips in glass, a broken windshield, theft and damage from getting keyed. The maximum payout you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible consider dropping full coverage.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either have no liability insurance or not enough. Covered claims include injuries to you and your family as well as damage to your Cadillac Escalade ESV.

Since many drivers carry very low liability coverage limits, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family.

Auto liability insurance

Liability coverage can cover damage or injury you incur to other people or property. It protects YOU against other people’s claims. Liability doesn’t cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 100/300/100 that translate to a limit of $100,000 per injured person, a total of $300,000 of bodily injury coverage per accident, and a total limit of $100,000 for damage to vehicles and property.

Liability insurance covers things like attorney fees, structural damage, medical services and court costs. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.

Coverage for collisions

This coverage covers damage to your Escalade ESV resulting from a collision with another vehicle or an object, but not an animal. A deductible applies then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as sustaining damage from a pot hole, sideswiping another vehicle, colliding with another moving vehicle, crashing into a building and driving through your garage door. Paying for collision coverage can be pricey, so consider removing coverage from vehicles that are older. Another option is to choose a higher deductible to bring the cost down.

Don’t throw your cash in the trash

As you shop your coverage around, it’s a bad idea to buy less coverage just to save a little money. There are many occasions where someone dropped liability coverage limits and learned later that their decision to reduce coverage ended up costing them more. The proper strategy is to buy the best coverage you can find at a price you can afford and still be able to protect your assets.

We just covered many tips how you can compare 2015 Cadillac Escalade ESV insurance premium rates online. The key concept to understand is the more you quote insurance, the higher your chance of finding the cheapest insurance. Consumers may even find the best premium rates are with the smaller companies. These companies often have lower prices on specific markets than the large multi-state companies such as Allstate and Progressive.

Even more information can be read by following these links: