How Much Does 2017 Cadillac ATS-V Car Insurance Cost?

Nobody that owns a car likes paying for insurance coverage, especially when they are aware that the cost is too high.

Due to the fact that there are so many different company options, it is very difficult to choose the best insurance coverage company.

Smart consumers take time to compare prices periodically because insurance coverage rates change quite often. Just because you found the lowest rate for ATS-V coverage two years ago you can probably find a lower rate today. Forget all the misinformation about insurance coverage because you’re going to learn how to use online quotes to properly buy coverages and cut your premium.

The purpose of this post is to tell you how to get online quotes and some tricks to saving. If you have car insurance now, you stand a good chance to be able to save some money using these tips. Nevertheless, consumers should learn how insurance companies determine prices.

How much does car insurance cost?

When shopping for car insurance there are multiple ways of comparing rate quotes from different insurance companies. The fastest way to do a complete rate comparison is to use the internet to compare rates. This is quite simple and can be completed using a couple different methods.

  1. The single most time-saving way consumers can make multiple comparisons would be an industry-wide quote request form like this one (opens in new window). This form keeps you from doing separate quotation requests for every company. Completing one form will get you price quotes from several companies.
  2. A harder way to compare rate quotes consists of visiting the website for every company you want to comare and request a quote. For example, let’s say you want to compare rates from State Farm, Esurance and American Family. You would be required to go to every website to enter your coverage information, which is why the first method is more popular. To view a list of companies in your area, click here.

Take whichever approach you prefer, but be sure to compare the exact same coverage limits on every quote. If the quotes have different coverage information you will not be able to make an equal comparison. Having just a slight variation in coverage limits may cause a big price difference. It’s important to know that comparing more quotes gives you a better chance of getting the best offered rates. Some smaller insurers to not give online rate quotes, so you should also compare price estimates from the smaller companies as well.

Get lower rates with these insurance discounts

Buying insurance is not cheap, but you can get discounts that you may not know about. A few discounts will automatically apply when you complete an application, but some need to be specifically requested prior to getting the savings.

  • Multi-policy Discount – If you combine your auto and homeowners policies and insure them both with the same insurance company they may give you a discount of up to 20% and get you inexpensive insurance.
  • Own a Home and Save – Owning a house can earn you a little savings since home ownership requires a higher level of personal finance.
  • Low Mileage – Low mileage vehicles may enable drivers to earn substantially lower prices.
  • Service Members Pay Less – Being on active deployment in the military could be rewarded with lower rates.
  • Save with More Vehicles Insured – Buying insurance for multiple vehicles with one company can reduce the rates for all insured vehicles.
  • Online Discount – Some insurance companies may give you up to $50 for buying your policy on their website.
  • Driver Training Discounts – Taking time to complete a course teaching safe driver skills could earn you a small percentage discount and make you a better driver.
  • Good Student Discount – Being a good student can get you a discount of up to 25%. Earning this discount can benefit you until age 25.
  • Discount for Life Insurance – Select insurance companies reward you with lower premium rates if you buy life insurance from them.
  • Pay Early and Save – By paying your policy upfront instead of making monthly payments you can avoid the installment charge.

It’s important to understand that some of the credits will not apply to the entire cost. Most only cut the cost of specific coverages such as comp or med pay. So when it seems like you can get free auto insurance, company stockholders wouldn’t be very happy.

A list of companies and the discounts they provide can be read below.

  • Progressive may include discounts for online quote discount, continuous coverage, multi-vehicle, good student, multi-policy, homeowner, and online signing.
  • MetLife may offer discounts for good student, good driver, claim-free, accident-free, and multi-policy.
  • Mercury Insurance offers discounts for ease of repair, multi-car, good student, multi-policy, and good driver.
  • Nationwide includes discounts for family plan, business or organization, Farm Bureau membership, accident-free, multi-policy, good student, and easy pay.
  • GEICO offers discounts including defensive driver, membership and employees, five-year accident-free, emergency military deployment, anti-lock brakes, driver training, and seat belt use.
  • AAA policyholders can earn discounts including education and occupation, pay-in-full, anti-theft, AAA membership discount, good driver, multi-car, and good student.

Double check with every company to apply every possible discount. A few discounts may not apply everywhere. To choose insurance companies with significant discounts, click here to view.

Get cheap insurance rates by understanding these factors

Smart consumers have a good feel for a few of the rating criteria that are used to determine the price you pay for auto insurance. If you understand what impacts premium levels, this allows you to make good choices that can earn you cheaper rates.

Shown below are some of the items used by companies to determine your rate level.

  • Improve your credit rating – Your credit score will be a significant factor in calculating your premium rate. Insureds with excellent credit tend to be better risks to insure as compared to drivers with poor credit scores. So if your credit history could use some work, you may save money insuring your 2017 Cadillac ATS-V by repairing your credit.
  • Multiple policies with one company – Lots of insurance companies afford better rates for people who consolidate policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s in your best interest to compare other insurance prices to help guarantee you have the best rates. Consumers may save even more even if you have your coverage with different companies
  • Accidents are costly – Drivers with clean records receive lower rates compared to drivers with tickets. Having a single chargable violation may cause rates to rise twenty percent or more. Drivers who have gotten severe violations like DUI or willful reckless driving may need to submit a SR-22 form to the state department of motor vehicles in order to keep their license.
  • Having a spouse can lower rates – Being married may earn you lower rates when buying auto insurance. Marriage is viewed as being more mature than a single person and insurance companies like that married couples file fewer claims.
  • Which gender costs less? – Statistics demonstrate women are more cautious behind the wheel. The data does not necessarily mean that women are BETTER drivers than men. Males and females tend to get into at-fault accidents at about the same rate, but the men cause more damage and cost insurance companies more money. Men also tend to receive more costly citations such as DWI and reckless driving. Teenage male drivers are the most expensive to insure so they pay the highest premiums.

Car insurance can get complicated

When buying coverage for your vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs and your policy should reflect that. These are some specific questions might point out whether you would benefit from professional advice.

  • Does liability extend to a camper or trailer?
  • How much liability do I need to cover my assets?
  • Which companies will insure high-risk drivers?
  • Am I covered if I drive in a foreign country?
  • What is high-risk coverage and where do I buy it?
  • Am I covered when driving in Canada or Mexico?
  • Should I drop comprehensive coverage on older vehicles?
  • Is borrowed equipment or tools covered if stolen or damaged?
  • Do I really need UM/UIM coverage?
  • Why am I required to buy liability insurance?

If you can’t answer these questions, you may need to chat with an agent. If you don’t have a local agent, complete this form or click here for a list of car insurance companies in your area.

Auto insurance coverage specifics

Having a good grasp of your auto insurance policy can be of help when determining which coverages you need at the best deductibles and correct limits. Auto insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find the usual coverages offered by auto insurance companies.

Coverage for medical expenses – Coverage for medical payments and/or PIP provide coverage for bills for things like surgery, dental work, EMT expenses and hospital visits. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants in addition to if you are hit as a while walking down the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Liability coverage – Liability insurance can cover damages or injuries you inflict on a person or their property in an accident. It protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that translate to a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000. Occasionally you may see a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for things like funeral expenses, legal defense fees, emergency aid, bail bonds and medical services. How much coverage you buy is up to you, but it’s cheap coverage so purchase as large an amount as possible.

Collision coverage – Collision insurance pays for damage to your ATS-V resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things such as sustaining damage from a pot hole, colliding with another moving vehicle and crashing into a building. 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 bring the cost down.

Comprehensive auto insurance – Comprehensive insurance coverage pays to fix your vehicle from damage from a wide range of events other than collision. You need to pay your deductible first and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims such as rock chips in glass, hitting a bird, damage from a tornado or hurricane and falling objects. The highest amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low consider removing comprehensive coverage.

Coverage for uninsured or underinsured drivers – Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage should not be overlooked. Most of the time your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Be a penny pincher

Throughout this article, we presented a lot of ways to save on 2017 Cadillac ATS-V insurance. It’s most important to understand that the more companies you get car insurance rates for, the higher your chance of finding inexpensive insurance. You may even discover the best rates are with some of the smallest insurance companies. These smaller insurers may cover specific market segments cheaper as compared to the big name companies such as Progressive and GEICO.

Cost effective 2017 Cadillac ATS-V insurance can be found both online and from local agencies, and you should compare rates from both in order to have the best chance of saving money. Some companies do not provide rate quotes online and most of the time these small insurance companies sell through independent insurance agents.

More detailed auto insurance information can be found at these sites: