2018 Cadillac ATS-V Car Insurance Rates – 6 Tips for Cheapest Quotes

Do you get exhausted from wondering where the money will come from to pay high auto insurance rates every month? You’re in the same situation as most other people. There are many car insurance companies to buy insurance from, and although it’s a good thing to have a choice, so many choices can make it hard to adequately compare rates.

Buying affordable insurance coverage coverage is quite easy. If you have a current insurance coverage policy or are shopping for new coverage, you can follow these tips to get lower rates while maximizing coverage. Drivers only need an understanding of the most efficient way to compare prices over the internet.

Are you qualifying for every discount?

Not many people think insurance is cheap, but there are discounts available that you may not know about. A few discounts will be applied when you get a quote, but some discounts are required to be specially asked for before you will receive the discount.

  • Buy New and Save – Buying a new car instead of a used car can save up to 30% since newer vehicles are generally safer.
  • Responsible Driver Discounts – Drivers who don’t get into accidents can pay as much as 50% less on ATS-V insurance as compared to drivers with claims.
  • Safety Restraint Discount – Using a seat belt and requiring all passengers to buckle up before driving can save a little on medical payment and PIP coverage.
  • Early Switch Discount – A few insurance companies offer discounts for signing up prior to your current policy expiring. It could save around 10% when you buy insurance online.
  • E-sign – Many larger companies provide a small discount get insurance on the internet.
  • Multi-policy Discount – If you can combine your homeowners and auto policy with one company they may give you a discount of at least 10% off all policies.

Remember that most discount credits are not given the the whole policy. Most only cut the cost of specific coverages such as comp or med pay. If you do the math and it seems like all the discounts add up to a free policy, it’s just not the way it works.

Larger car insurance companies and a summarized list of policyholder discounts can be read below.

  • AAA may include discounts for education and occupation, multi-car, anti-theft, good driver, and pay-in-full.
  • Progressive may offer discounts for multi-vehicle, online quote discount, homeowner, good student, online signing, and continuous coverage.
  • State Farm offers discounts for Drive Safe & Save, passive restraint, defensive driving training, multiple autos, safe vehicle, anti-theft, and good driver.
  • Esurance discounts include emergency road assistance, homeowner, good student, multi-car, and Pac-12 alumni.
  • Nationwide offers discounts including Farm Bureau membership, family plan, multi-policy, accident-free, anti-theft, and good student.

Before purchasing a policy, check with every prospective company the best way to save money. Some discounts listed above might not be offered in your state. If you would like to see a list of insurance companies that can offer you the previously mentioned discounts, click here to view.

When in doubt talk to an agent

When buying the right insurance coverage, there really is no “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that may help you determine whether your personal situation might need an agent’s assistance.

  • Can I rate high risk drivers on liability-only vehicles?
  • Can I still get insurance after a DUI?
  • What vehicles should carry emergency assistance coverage?
  • Do I need replacement cost coverage on my 2018 Cadillac ATS-V?
  • Do all my vehicles need collision coverage?
  • Is my Cadillac ATS-V covered if I use it for business?
  • Are rock chip repairs covered?
  • When should I remove comp and collision on my 2018 Cadillac ATS-V?
  • How do I buy GAP insurance?

If you can’t answer these questions but one or more may apply to you, you may need to chat with an insurance agent. To find an agent in your area, fill out this quick form or go to this page to view a list of companies. It is quick, free and you can get the answers you need.

Buyer beware of insurance coverage advertising tricks

Drivers can’t ignore all the ads that claim the cheapest premium rates from the likes of Progressive, GEICO, Allstate and State Farm. All the ads try to convey promises of big savings just by moving your insurance coverage coverage to their company.

It sounds good, but how can they all charge less that you’re paying now? It’s all in the numbers.

Most companies have strict underwriting profiles for the type of customer that will not have excessive claims. For instance, this type of risk profile could be between the ages of 30 and 50, has a clean driving record, and chooses high deductibles. Anyone that fits those parameters will qualify for the lowest prices and therefore will save money with a new company.

People who are not a match for the “perfect” profile may receive higher premiums with the end result being the customer buying from someone else. If you listen closely, the ads state “drivers that switch” but not “all drivers who get quotes” can save as much as they claim. This is how insurance companies can state the savings.

This emphasizes why you should compare free insurance quotes often. Because you never know which insurance coverage company will have better prices than you’re paying now.

Learn about insurance coverages for a Cadillac ATS-V

Having a good grasp of your insurance policy can help you determine which coverages you need and proper limits and deductibles. The coverage terms in a policy can be difficult to understand and nobody wants to actually read their policy. Shown next are typical coverages offered by insurance companies.

Uninsured and underinsured coverage

This coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your 2018 Cadillac ATS-V.

Since a lot of drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Coverage for medical payments

Med pay and PIP coverage reimburse you for short-term medical expenses such as dental work, surgery, ambulance fees and doctor visits. They are used to cover expenses not covered by your health insurance plan or if you are not covered by health insurance. It covers both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision coverage

This will pay to fix damage to your ATS-V caused by collision with an object or car. You first must pay a deductible and then insurance will cover the remainder.

Collision coverage pays for claims like damaging your car on a curb, hitting a mailbox, driving through your garage door, hitting a parking meter and sideswiping another vehicle. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. You can also raise the deductible to get cheaper collision coverage.

Comprehensive coverages

This will pay to fix damage caused by mother nature, theft, vandalism and other events. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for claims like hitting a bird, a tree branch falling on your vehicle and vandalism. The most a insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Liability

This will cover damage that occurs to a person or their property that is your fault. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 which means $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability can pay for claims like funeral expenses, attorney fees, emergency aid, loss of income and structural damage. How much liability should you purchase? That is a personal decision, but you should buy as large an amount as possible.

Shop around and save

When shopping online for insurance, it’s very important that you do not buy poor coverage just to save money. There are many occasions where an insured dropped collision coverage only to regret at claim time that it was a big error on their part. The proper strategy is to buy the best coverage you can find for the lowest price, but do not sacrifice coverage to save money.

Throughout this article, we presented many ideas to save on 2018 Cadillac ATS-V insurance. The most important thing to understand is the more companies you get prices for, the better likelihood of getting cheaper insurance. You may even find the lowest priced insurance comes from an unexpected company. These smaller insurers may only write in your state and offer lower prices compared to the large companies like Progressive and GEICO.

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