Searching for the cheapest auto insurance rates for your Cadillac Escalade? Have you had enough of robbing Peter to pay Paul each month for car insurance? Your situation is no different than many other consumers. Popular companies such as Allstate, Progressive and GEICO promote their brand names with ad campaigns and it is challenging if not impossible to separate fact from fiction and take the time to shop coverage around.
Smart consumers take time to check auto insurance prices quite often since insurance rates change quite often. If you had the best deal for Escalade coverage six months ago you can probably find a lower rate today. There is a lot of bad information regarding auto insurance online but I’m going to show you some good information on how to put money back in your pocket.
All major insurance companies like Allstate and Progressive provide prices on the web. Obtaining pricing doesn’t take much effort as you just enter the amount of coverage you want into a form. Once you submit the form, their rating system makes automated requests for your driving record and credit report and returns a price quote. This helps simplify price comparisons, but the process of having to visit many different websites and complete many quote forms gets old quite quickly. But it is imperative to have as many quotes as possible in order to find a lower rate.
Rate comparisons made easy
A quicker way to find cheaper rates utilizes a single form to obtain quotes from more than one company. It’s a real time-saver, requires much less work on your part, and makes rate comparisons much simpler. As soon as you send your information, it gets priced and you are able to buy any of the price quotes you receive.
If the quotes result in lower rates, you can simply submit the application and buy the new coverage. The entire process takes just a few minutes to complete and can result in significant savings.
To quickly find out how much you can save on insurance, click here and complete the simple form. If you have coverage now, it’s recommended you enter the limits and deductibles just like they are on your policy. This makes sure you will have rate quotes for similar coverage.
Properly insuring your vehicles can get expensive, but there could be available discounts to help bring down the price. A few discounts will automatically apply when you get a quote, but a few must be inquired about prior to receiving the credit. If you aren’t receiving every discount you deserve, you are paying more than you should be.
As a disclaimer on discounts, most discounts do not apply to your bottom line cost. Most only apply to individual premiums such as liability and collision coverage. Even though it may seem like you can get free auto insurance, you’re out of luck. Any amount of discount will reduce the cost of coverage.
For a list of providers with the best auto insurance discounts, click here.
When it comes to buying adequate coverage for your personal vehicles, there is no single plan that fits everyone. Coverage needs to be tailored to your specific needs so your insurance should reflect that For example, these questions might point out if your situation could use an agent’s help.
If you don’t know the answers to these questions then you might want to talk to an insurance agent. To find an agent in your area, complete this form or go to this page to view a list of companies. It’s fast, free and may give you better protection.
Understanding the coverages of your insurance policy can be of help when determining the best coverages and proper limits and deductibles. The coverage terms in a policy can be ambiguous and coverage can change by endorsement. Shown next are the normal coverages found on most insurance policies.
Collision coverages – Collision insurance covers damage to your Escalade resulting from colliding with an object or car. You have to pay a deductible and then insurance will cover the remainder.
Collision coverage protects against claims such as damaging your car on a curb, hitting a mailbox, scraping a guard rail, sideswiping another vehicle and sustaining damage from a pot hole. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to raise the deductible in order to get cheaper collision rates.
Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage protects you and your vehicle when the “other guys” either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.
Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Usually your uninsured/underinsured motorist coverages are identical to your policy’s liability coverage.
Liability coverages – This coverage provides protection from damages or injuries you inflict on other people or property by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You might see values of 25/50/25 that translate to $25,000 bodily injury coverage, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Occasionally you may see a combined single limit or CSL which limits claims to one amount without having the split limit caps.
Liability coverage protects against things such as emergency aid, repair bills for other people’s vehicles, funeral expenses and pain and suffering. How much liability should you purchase? That is your choice, but buy as much as you can afford.
Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays for damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible and then insurance will cover the rest of the damage.
Comprehensive can pay for claims like damage from getting keyed, rock chips in glass, hail damage and vandalism. The maximum amount your insurance company will pay is the market value of your vehicle, so if the vehicle’s value is low consider dropping full coverage.
Insurance for medical payments – Coverage for medical payments and/or PIP reimburse you for short-term medical expenses like nursing services, EMT expenses, surgery and chiropractic care. They are often used to cover expenses not covered by your health insurance policy or if you lack health insurance entirely. They cover you and your occupants as well as getting struck while a pedestrian. Personal injury protection coverage is not available in all states and gives slightly broader coverage than med pay