How Much Does 2015 Cadillac XTS Insurance Cost?

Did a good deal turn into overpriced car insurance? Believe me, there are many people just like you. Insurance companies such as Allstate, Liberty Mutual and State Farm all claim big savings, bombarding you with ad campaigns and it can be hard to ignore the promise of big savings and take the time to shop coverage around.

If you have a current insurance policy or are looking for a new policy, you can follow these tips to get lower rates while maximizing coverage. Buying car insurance is not rocket science. Drivers just need to learn the most efficient way to get comparison quotes online.

How to compare auto insurance price quotes

Getting cheap 2015 Cadillac XTS auto insurance pricing is a great way to save money. All that’s required is to spend a little time getting comparison quotes to find out which insurance company has cheaper car insurance quotes. It’s really simple and can be done by using one of the methods below.

  1. The easiest and least time consuming way to get quotes is to use a rate comparison form click here to open form in new window. This type of form keeps you from doing a different quote for every prospective company. Taking the time to complete one form gets you price quotes from multiple companies.
  2. A more time consuming way to compare rate quotes requires you to visit the website for each individual company and fill out their own quote form. For sake of this example, we’ll pretend you want to compare prices for State Farm, 21st Century and GEICO. To find out each rate you need to go to each individual site and repeatedly enter your information, and that explains why we recommend the first method. To view a list of companies in your area, click here.

However you get your quotes, make sure you compare identical coverage information on every quote. If you compare different values for each quote it will be impossible to determine which company has the best rates.

Cadillac XTS insurance premiums can be cheaper

Part of the car insurance buying process is learning the different types of things that aid in calculating your car insurance rates. When you understand what determines premiums, this helps enable you to make changes that could help you find cheaper rates. Many factors are part of the calculation when premium rates are determined. Some of the criteria are obvious like your driving record, although others are less obvious such as your marital status or your vehicle rating.

The itemized list below are a few of the things utilized by car insurance companies to help set your prices.

  • The more you drive the more you pay – The more miles you rack up on your Cadillac annually the higher your rate. Most insurance companies rate vehicles based upon how much you drive. Cars left parked in the garage get more affordable rates than those that get driven frequently. Incorrect rating for your XTS may be costing you. Verify your car insurance policy reflects the correct usage for each vehicle, because it can save money.
  • Safety ratings are a factor – Safer cars tend to be cheaper to insure. Safer cars have better occupant injury protection and fewer serious injuries means less claims paid which can result in lower premiums. If the Cadillac XTS earned at least four stars on Safercar.gov or an “acceptable” rating on iihs.org it may cost less to insure.
  • When should you file a car insurance claims? – If you file claims often, you can definitely plan on much higher rates or policy non-renewal. Insurance companies give better rates to drivers who do not file claims often. Your car insurance is intended to be relied upon for major claims that would cause financial hardship.
  • Your credit history is important – Having a bad credit score will be a significant factor in determining your rates. People with excellent credit scores tend to file fewer claims and have better driving records than drivers with poor credit. So if your credit score could use some work, you could be paying less to insure your 2015 Cadillac XTS if you improve your credit rating.
  • Prevent theft and save money – Buying a car that has an advanced theft prevention system can help bring down rates. Advanced theft deterrents like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
  • Teen drivers cost more – Young drivers tend to be less responsible behind the wheel therefore car insurance rates are much higher. Older, more experienced drivers have been proven to be more responsible, tend to cause fewer accidents .
  • Multiple policies with one company – Most major insurers will award lower prices to people who buy several policies from them in the form of a multi-policy discount. The discount can be 10 percent or more. Even though this discount sounds good, it’s always a smart idea to compare other insurance prices to verify if the discount is saving money.

More discounts mean lower-cost premiums

The price of auto insurance can be rather high, but you might find some hidden discounts that you may not even know about. Certain credits will be shown when you complete an application, but a few must be asked about before you get the savings.

  • Waiver for an Accident – Not necessarily a discount, but some insurance companies will forgive one accident without raising rates if your claims history is clear for a certain period of time.
  • Smart Student Discounts – Excelling in school could provide a savings of up to 20% or more. This discount can apply well after school through age 25.
  • ABS Brakes – Cars and trucks that have anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
  • Safety Course Discount – Completing a driver safety course can save you 5% or more and make you a better driver.
  • Telematics Data Discounts – Drivers who elect to allow companies to analyze when and where they use their vehicle by using a telematics device in their vehicle such as State Farm’s In-Drive might get better premium rates as long as they are good drivers.

A quick disclaimer, some credits don’t apply to the entire cost. A few only apply to specific coverage prices like comprehensive or collision. So even though you would think it’s possible to get free car insurance, companies wouldn’t make money that way.

Some of the insurance companies that may offer policyholders most of these discounts may include but are not limited to:

If you are trying to find the cheapest car insurance quotes, ask each company or agent what discounts are available to you. Some discounts may not apply to policies in your area. If you would like to choose from a list of insurers who offer insurance discounts, click here.

It’s not one size fits all

When buying proper insurance coverage, there isn’t really a “best” method to buy coverage. Every insured’s situation is different so this has to be addressed. Here are some questions about coverages that may help you determine whether you might need professional guidance.

  • What vehicles should carry emergency assistance coverage?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Can my teen driver be rated on a liability-only vehicle?
  • At what point should I drop full coverage?
  • When should I drop full coverage on my 2015 Cadillac XTS?
  • Do I have coverage when pulling a U-Haul trailer?
  • Do I need replacement cost coverage?
  • Can I afford low physical damage deductibles?
  • Does having multiple vehicles earn me a discount?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find an agent in your area, simply complete this short form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

What auto insurance coverages do you need?

Understanding the coverages of your policy can help you determine which coverages you need at the best deductibles and correct limits. The coverage terms in a policy can be confusing and reading a policy is terribly boring. Below you’ll find typical coverages offered by auto insurance companies.

Collision protection

Collision coverage will pay to fix damage to your XTS resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like colliding with another moving vehicle, hitting a mailbox and scraping a guard rail. Collision is rather expensive coverage, so consider removing coverage from lower value vehicles. It’s also possible to raise the deductible to bring the cost down.

Med pay and Personal Injury Protection (PIP)

Med pay and PIP coverage reimburse you for short-term medical expenses for EMT expenses, ambulance fees, chiropractic care, X-ray expenses and rehabilitation expenses. The coverages can be used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. Coverage applies to all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not universally available and may carry a deductible

Uninsured/Underinsured Motorist (UM/UIM)

Uninsured or Underinsured Motorist coverage gives you protection from other drivers when they do not carry enough liability coverage. It can pay for injuries to you and your family as well as damage to your Cadillac XTS.

Due to the fact that many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently these coverages are similar to your liability insurance amounts.

Liability car insurance

Liability insurance can cover damage that occurs to a person or their property by causing an accident. It protects you against claims from other people, and doesn’t cover your injuries or vehicle damage.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see limits of 50/100/50 that translate to $50,000 bodily injury coverage, a total of $100,000 of bodily injury coverage per accident, and a total limit of $50,000 for damage to vehicles and property. Alternatively, you may have a combined single limit or CSL which provides one coverage limit with no separate limits for injury or property damage.

Liability coverage protects against things like court costs, legal defense fees and bail bonds. The amount of liability coverage you purchase is up to you, but consider buying as much as you can afford.

Comprehensive insurance

This coverage covers damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims such as hail damage, falling objects and a tree branch falling on your vehicle. The highest amount your auto insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Stretch your dollar

As you restructure your insurance plan, it’s a bad idea to skimp on critical coverages to save a buck or two. There have been many cases where an insured dropped collision coverage only to regret that their decision to reduce coverage ended up costing them more. The goal is to purchase plenty of coverage at a price you can afford.

Lower-priced car insurance is definitely available online in addition to local insurance agencies, so you should compare both to have the best rate selection. A few companies may not provide online quoting and these small, regional companies prefer to sell through local independent agents.

Additional information