Looking for the cheapest insurance coverage rates for your Cadillac SRX? Have you had enough of paying out the nose each month for insurance coverage? You have the same problem as millions of other people.
Popular companies such as State Farm, Farmers Insurance, GEICO and Allstate persitently shower you with catchy ads and it is challenging if not impossible to see past the geckos and flying pigs and find the best price available.
All the larger insurance companies allow you to get coverage price quotes online. Comparing prices online is quite simple as all you need to do is type in your coverage preferences into the quote form. When the form is submitted, the system obtains your driving record and credit report and provides a quote based on these and other factors. Online price quotes simplifies rate comparisons, but the process of having to visit several different sites and type in the same information can be a bit repetitive. But it’s absolutely necessary to get many rate quotes if you want to get the lowest price.
The smarter way to find lower prices uses just one form to get prices from several companies at one time. This type of form saves time, requires less work, and makes comparison shopping much more enjoyable and efficient. As soon as the form is sent, it gets priced and you can select any of the quotes that you receive. If a lower price is quoted, you can simply submit the application and buy the policy. The entire process takes less than 15 minutes and could lower your rates considerably.
If you want to use this form to compare rates, simply click here to open in new window and complete the simple form. If you have a policy now, it’s recommended that you enter the coverages identical to your current policy. This helps ensure you will get an apples-to-apples comparison for similar coverage.
Some insurance providers don’t necessarily list the entire discount list very well, so the list below details a few of the more common in addition to some of the lesser obvious credits available to bring down your rates. If they aren’t giving you every credit available, you’re paying more than you need to.
As a sidenote, most discount credits are not given the the whole policy. Most only cut the price of certain insurance coverages like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, it just doesn’t work that way. But all discounts should help lower your premiums.
Car insurance companies that may offer most of the discounts above include:
When getting a coverage quote, ask all the companies how you can save money. Depending on the company, some discounts may not apply to policyholders in your area.
When it comes to choosing coverage, there really is no “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. Here are some questions about coverages that may help highlight if your insurance needs could use an agent’s help.
If you can’t answer these questions then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, complete this form or you can go here for a list of companies in your area.
Having a good grasp of your insurance policy can help you determine appropriate coverage for your vehicles. The coverage terms in a policy can be ambiguous and even agents have difficulty translating policy wording. Listed below are the normal coverages available from insurance companies.
Coverage for uninsured or underinsured drivers – This provides protection from other motorists when they do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Cadillac SRX.
Since a lot of drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Coverage for liability – Liability insurance provides protection from damage or injury you incur to other people or property. This coverage protects you against other people’s claims. It does not cover damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 which stand for $50,000 in coverage for each person’s injuries, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property.
Liability insurance covers things such as attorney fees, court costs, legal defense fees, medical services and repair costs for stationary objects. How much liability coverage do you need? That is a personal decision, but buy as large an amount as possible.
Collision coverage – Collision insurance covers damage to your SRX resulting from a 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 insurance covers claims like crashing into a building, crashing into a ditch, backing into a parked car and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so consider removing coverage from lower value vehicles. Another option is to raise the deductible to save money on collision insurance.
Comprehensive insurance – 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 things like vandalism, damage from a tornado or hurricane, fire damage, damage from flooding and theft. The most you can receive from a comprehensive claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.
Coverage for medical expenses – Medical payments and Personal Injury Protection insurance provide coverage for short-term medical expenses like ambulance fees, surgery, chiropractic care and rehabilitation expenses. The coverages can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to not only the driver but also the vehicle occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and may carry a deductible