Want the cheapest auto insurance rates for your Cadillac SRX? Are you sick and tired of scraping the payment together to insure your Cadillac every month? You are no different than many other drivers. Big-name insurance companies like GEICO and Progressive increase brand awareness with ads and it can be hard to ignore the promise of big savings and take the time to shop coverage around.
It’s smart to get comparison quotes before your policy renews since insurance rates change frequently. Even if you got the lowest price for SRX coverage a year ago you can probably find a better price now. Block out anything you think you know about auto insurance because we’re going to demonstrate the right way to find the best coverage while lowering your premiums.
Cutting your insurance coverage rates is surprisingly easy. The only requirement is to invest a few minutes comparing price quotes provided by online insurance companies. This is very easy and can be done in just a few minutes using one of these methods.
One of the best ways consumers can make multiple comparisons would be an industry-wide quote request form click here to open form in new window. This method keeps you from doing boring form submissions for each company. One form will get you price quotes from all major companies.
Another way to get quotes online is going to each company’s website and complete a new quote form. For instance, let’s say you want to compare State Farm, Safeco and GMAC. You would have to visit each site to input your insurance information, which is why the first method is more popular.
For a list of links to insurance companies in your area, click here.
Whichever way you use, make sure you use exactly the same coverages for each comparison quote. If your comparisons have different liability limits you will not be able to find the best deal for your Cadillac SRX.
Companies don’t always advertise every discount in an easy-to-find place, so we break down some of the best known and the more hidden savings tricks you should be using. If they aren’t giving you every credit you deserve, you’re just leaving money on the table.
A little note about advertised discounts, most credits do not apply to all coverage premiums. A few only apply to individual premiums such as comprehensive or collision. So even though it sounds like all those discounts means the company will pay you, companies don’t profit that way.
A partial list of companies that may offer these benefits may include but are not limited to:
Before buying, ask every prospective company which discounts you may be entitled to. All car insurance discounts might not be offered in your area.
When choosing adequate coverage, there isn’t really a single plan that fits everyone. Each situation is unique and your policy should reflect that. For instance, these questions might point out whether or not you would benefit from professional advice.
If you’re not sure about those questions but you know they apply to you, then you may want to think about talking to an agent. If you want to speak to an agent in your area, complete this form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and you can get the answers you need.
Learning about specific coverages of your insurance policy can help you determine appropriate coverage and proper limits and deductibles. Insurance terms can be confusing and nobody wants to actually read their policy. These are the usual coverages offered by insurance companies.
This provides protection from damage that occurs to other people or property by causing an accident. It protects YOU against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.
Split limit liability has three limits of coverage: per person bodily injury, per accident bodily injury, and a property damage limit. You commonly see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and a total limit of $100,000 for damage to vehicles and property.
Liability can pay for things like repair costs for stationary objects, loss of income, legal defense fees, emergency aid and funeral expenses. How much liability coverage do you need? That is up to you, but consider buying higher limits if possible.
Your UM/UIM coverage gives you protection from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as damage to your Cadillac SRX.
Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important.
Collision coverage covers damage to your SRX resulting from a collision with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.
Collision coverage protects against things such as driving through your garage door, hitting a parking meter and colliding with a tree. This coverage can be expensive, so consider dropping it from vehicles that are older. Drivers also have the option to raise the deductible to bring the cost down.
Med pay and PIP coverage reimburse you for short-term medical expenses for things like nursing services, prosthetic devices, pain medications and doctor visits. They can be used to fill the gap from your health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover all vehicle occupants and will also cover if you are hit as a while walking down the street. Personal injury protection coverage is not available in all states and may carry a deductible
Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.
Comprehensive coverage protects against claims such as damage from flooding, a broken windshield, damage from getting keyed, a tree branch falling on your vehicle and hail damage. The maximum payout a insurance company will pay at claim time is the cash value of the vehicle, so if the vehicle is not worth much consider removing comprehensive coverage.