Cheaper 2013 Cadillac SRX Insurance Rates

Consumers have options when looking for low-cost Cadillac SRX insurance. They can either spend hours driving around trying to get quotes or leverage the internet to get rate quotes.

There is a better way to compare insurance rates so you’re going to learn the absolute fastest way to compare rates for a Cadillac and get the lowest price from local insurance agents and online providers.

This article will tell you the most effective way to quote insurance and some tricks to saving. If you currently have a car insurance policy, you stand a good chance to be able to cut costs considerably using these techniques. Consumers just need to learn the most effective way to find the lowest price over the internet.

Elements that influence Cadillac SRX insurance rates

It’s important that you understand the factors that play a part in calculating the price you pay for insurance. Understanding what controls the rates you pay empowers consumers to make smart changes that could result in lower insurance prices.

Shown below are a few of the “ingredients” used by your company to calculate premiums.

  • Where you live – Living in small towns and rural areas has it’s advantages when talking about insurance. Drivers in populated areas have congested traffic and longer commutes to work. Lower population means a lower chance of having an accident and a lower car theft rate.
  • Don’t sacrifice liability coverage – Your policy’s liability coverage is the protection in the event that a jury decides you are liable for personal injury or accident damage. Liability provides legal defense which can be incredibly expensive. Liability is cheap as compared to coverage for physical damage, so do not skimp.
  • High deductibles save money – Insurance for physical damage to your car, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Cadillac from damage. Some examples of claims that would be covered are a windshield shattered by a rock, damage from fire, or theft. Your deductibles are the amount of money you are required to spend out-of-pocket before your insurance pays a claim. The more money the insured has to pay upfront, the bigger discount you will receive on SRX coverage.
  • Your car’s features help determine rates – Driving a car that has an advanced theft prevention system can help lower your rates. Theft prevention features like vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems all hinder auto theft.
  • Do you know you’re credit rating? – A driver’s credit score is a big factor in your rate calculation. Drivers who have high credit ratings tend to be better drivers and file fewer claims than drivers who have lower ratings. Therefore, if your credit score is low, you could be paying less to insure your 2013 Cadillac SRX by repairing your credit.
  • Having a spouse can save you money – Having a spouse can get you a discount on insurance. It translates into being more responsible it has been statistically shown that drivers who are married are more cautious.
  • Older drivers save more – Mature drivers are more cautious drivers, statistically cause fewer accidents and receive fewer citations. Teen drivers are statistically proven to be more careless in a vehicle and because of this, their insurance rates are much higher.
  • Drive less and save money – The higher the mileage driven in a year the higher your rate. The majority of insurers apply a rate based on how the vehicle is used. Autos not used for work or commuting get more affordable rates than those used for commuting. Ask your agent if your insurance declarations sheet is rated on the correct usage for each vehicle. If your policy improperly rates your SRX may be wasting your money.

Compare Insurance Coverage Costs

Most companies provide pricing on the web. This process is fairly straightforward as you just enter your required coverages into the quote form. Once entered, the system obtains information on your driving record and credit history and gives you a price quote.

Online quotes makes it a lot easier to compare rates but the process of having to visit multiple sites and type in the same information is repetitive and time-consuming. But it is imperative to compare as many rates as possible in order to find the lowest price.

The quickest way to locate the lowest prices uses one simple form that obtains quotes from several different companies. This type of form saves time, reduces the work, and makes online shopping much simpler. Immediately after you send the form, it gets priced with multiple companies and you can pick any one of the quote results.

If you find a better price you simply finish the application and purchase the new policy. The entire process just takes a couple of minutes and you will find out if you’re overpaying now.

To find out if lower rates are available, simply click here to open in new window and enter your vehicle and coverage information. If you have coverage now, it’s recommended you input your coverages exactly as they are listed on your policy. This ensures you will be getting a price comparison for similar coverage.

Don’t miss out on these money-saving discounts

Properly insuring your vehicles can get expensive, but you may find discounts to help offset the cost. Certain discounts will be triggered automatically when you purchase, but lesser-known reductions have to be specifically requested before you will receive the discount. If you aren’t receiving every discount possible, you’re paying more than you need to.

  • Distant Student – Any of your kids who attend school more than 100 miles from home without a vehicle on campus can be insured at a reduced rate.
  • Sign Early and Save – Some companies give discounts for signing up prior to your current policy expiring. It can save you around 10%.
  • Fewer Miles Equal More Savings – Low mileage vehicles can qualify you for better rates on cars that stay parked.
  • Government Employees – Active or retired federal employment could cut as much as 10% off on SRX coverage with select insurance companies.
  • Save with a New Car – Insuring a new car can cost up to 25% less because new vehicles have to meet stringent safety requirements.
  • Passive Restraints and Air Bags – Vehicles equipped with air bags and/or automatic seat belt systems may earn rate discounts of more than 20%.

A little note about advertised discounts, most discounts do not apply to the entire policy premium. Most cut specific coverage prices like collision or personal injury protection. Just because it seems like having all the discounts means you get insurance for free, you won’t be that lucky. Any amount of discount will help reduce your overall premium however.

Insurance companies that may offer these discounts include:

Double check with each insurance company what discounts are available to you. Some discounts might not apply in every state.

Do I need special coverages?

When it comes to buying the right insurance coverage, there really is no perfect coverage plan. Everyone’s needs are different.

Here are some questions about coverages that can help discover whether your personal situation may require specific advice.

  • If I drive on a suspended license am I covered?
  • Should I buy additional glass protection?
  • Can I rate high risk drivers on liability-only vehicles?
  • Will filing a claim cost me more?
  • Is pleasure use cheaper than using my 2013 Cadillac SRX to commute?
  • When do I need to add a new car to my policy?
  • Is my business laptop covered if it gets stolen from my vehicle?
  • Am I covered when using my vehicle for business?
  • What is high-risk coverage and where do I buy it?
  • Can I get a multi-policy discount?

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed agent. If you don’t have a local agent, simply complete this short form. It’s fast, free and can provide invaluable advice.

Specifics of your insurance policy

Understanding the coverages of your insurance policy can be of help when determining appropriate coverage and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording.

Liability auto insurance

Liability insurance protects you from damage or injury you incur to other’s property or people by causing an accident. This coverage protects you against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

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. You might see limits of 50/100/50 that translate to a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Occasionally you may see one limit called combined single limit (CSL) that pays claims from the same limit and claims can be made without the split limit restrictions.

Liability coverage pays for claims like repair bills for other people’s vehicles, bail bonds, legal defense fees and loss of income. How much liability should you purchase? That is a personal decision, but buy as large an amount as possible.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” do not carry enough liability coverage. This coverage pays for injuries to you and your family as well as damage to your 2013 Cadillac SRX.

Since many drivers only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage should not be overlooked. Most of the time the UM/UIM limits are set the same as your liablity limits.

Comprehensive or Other Than Collision

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 things like damage from flooding, fire damage, damage from getting keyed, hail damage and theft. The highest amount your insurance company will pay is the ACV or actual cash value, so if it’s not worth much more than your deductible it’s probably time to drop comprehensive insurance.

Medical costs insurance

Personal Injury Protection (PIP) and medical payments coverage reimburse you for immediate expenses like funeral costs, chiropractic care, X-ray expenses, hospital visits and prosthetic devices. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. They cover both the driver and occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not universally available and gives slightly broader coverage than med pay

Auto collision coverage

Collision coverage will pay to fix damage to your SRX resulting from a collision with another vehicle or an object, but not an animal. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims like backing into a parked car, crashing into a building, driving through your garage door and hitting a parking meter. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are 8 years or older. Another option is to bump up the deductible to get cheaper collision coverage.

Quote more. Save more.

Insureds who switch companies do it for any number of reasons including high rates after DUI convictions, delays in paying claims, questionable increases in premium and denial of a claim. No matter why you want to switch, switching companies can be easier than you think.

Cheap 2013 Cadillac SRX insurance can be sourced from both online companies and also from your neighborhood agents, and you need to price shop both to have the best rate selection. Some companies may not provide online price quotes and these small insurance companies work with independent agents.

As you shop your coverage around, don’t be tempted to buy lower coverage limits just to save a few bucks. There are many occasions where someone sacrificed uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your strategy should be to buy enough coverage for the lowest price, not the least amount of coverage.

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