1991 Cadillac Eldorado Car Insurance Cost – 10 Tricks for Cheaper Prices

I really doubt anyone looks forward to buying insurance, especially knowing the cost is way too high. There is such a variety of insurance companies to pick from, and though it is a good thing to have a selection, it makes it harder to find the best rates for your vehicles.

You need to compare rates occasionally because prices are variable and change quite frequently. Despite the fact that you may have had the best rates for Eldorado insurance a couple years back there is a good chance you can find better rate quotes now. Forget all the misinformation about insurance because you’re about to learn the fastest and easiest way to get good coverage at a lower rate.

Affordable car insurance

Finding a better price on car insurance is an easy way to save money. You just need to take a few minutes getting comparison quotes online with multiple companies. Rate comparisons can be done by following the guidelines below.

  1. One of the simplest ways to find the lowest comparison rates would be an industry-wide quote request form (click to open form in new window). This easy form keeps you from doing separate forms for every car insurance company. Taking the time to complete one form will get you price quotes from car insurance companies with the best prices.
  2. A different way to analyze rates requires a visit to each company’s website to complete their respective quote request forms. For examples sake, let’s say you want to get rates from Nationwide, State Farm and Farmers. To get rate quotes you would need to go to each individual site to enter your coverage information, and that explains why we recommend the first method.

    For a list of companies in your area, click here.

Take whichever approach you prefer, but make absolute certain that you use apples-to-apples information on every price quote you get. If you enter different data it will be impossible to make an equal comparison.

Lower your car insurance rates with these ten discounts

Auto insurance companies do not advertise their entire list of discounts in a way that’s easy to find, so the list below gives a summary of both well-publicized in addition to some of the lesser obvious discounts that may be available.

  • Theft Deterent System – Anti-theft and alarm system equipped vehicles can help prevent theft and earn discounts up to 10% off your car insurance quote.
  • Discount for Home Ownership – Being a homeowner can get you a discount since owning and maintaining a home means you have a higher level of financial diligence.
  • Service Members Pay Less – Being on active deployment in the military could mean lower car insurance rates.
  • Pay Now and Pay Less – By paying your entire bill at once as opposed to paying monthly you may reduce your total bill.
  • Save with a New Car – Insuring a new car is cheaper since new vehicles are generally safer.
  • Seat Belt Usage – Buckling up and requiring all passengers to buckle up can save a little off the PIP or medical payment premium.
  • Defensive Driver Discounts – Taking time to complete a course that instructs on driving safety could save 5% or more and easily pay for the cost of the class.
  • Accident Forgiveness – This isn’t a discount exactly, but a handful of insurance companies will let one accident slide without getting socked with a rate hike as long as you don’t have any claims for a set time period.
  • Sign Online – Some insurance companies will provide an incentive simply for signing on your computer.
  • Good Students Pay Less – Being a good student may save as much as 25% on a car insurance quote. The discount lasts well after school through age 25.

You should keep in mind that most credits do not apply to the entire policy premium. Some only apply to individual premiums such as comprehensive or collision. So when the math indicates you could get a free car insurance policy, it’s just not the way it works.

A list of companies and their possible discounts are outlined below.

  • Farm Bureau policyholders can earn discounts including multi-policy, driver training, renewal discount, youthful driver, and multi-vehicle.
  • MetLife offers discounts including good student, defensive driver, good driver, multi-policy, and claim-free.
  • Progressive has savings for homeowner, good student, online signing, online quote discount, and multi-policy.
  • AAA may include discounts for anti-theft, AAA membership discount, multi-car, multi-policy, and education and occupation.
  • American Family offers discounts for accident-free, TimeAway discount, defensive driver, good driver, air bags, Steer into Savings, and mySafetyValet.
  • Geico discounts include emergency military deployment, five-year accident-free, federal employee, military active duty, and good student.
  • State Farm may offer discounts for multiple policy, defensive driving training, Drive Safe & Save, student away at school, multiple autos, and safe vehicle.

When quoting, ask every insurance company which discounts you may be entitled to. Some discounts listed above might not be offered on policies in your area.

You are unique and your car insurance should be too

When buying adequate coverage, there is no single plan that fits everyone. Everyone’s needs are different so your insurance needs to address that. For instance, these questions may help you determine if your situation could use an agent’s help.

  • Should I buy additional glass protection?
  • Am I better off with higher deductibles on my 1991 Cadillac Eldorado?
  • Can I get a multi-policy discount?
  • What is roadside assistance coverage?
  • Is my babysitter covered when using my vehicle?
  • Is rental equipment covered for theft or damage?

If it’s difficult to answer those questions but you know they apply to you, you may need to chat with an agent. To find an agent in your area, take a second and complete this form or click here for a list of car insurance companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Coverages available on your policy

Having a good grasp of a car insurance policy aids in choosing the right coverages for your vehicles. Policy terminology can be impossible to understand and nobody wants to actually read their policy. These are typical coverage types found on most car insurance policies.

Comprehensive insurance

Comprehensive insurance covers damage OTHER than collision with another vehicle or object. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for claims like fire damage, falling objects and hail damage. The highest amount your car insurance company will pay is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto collision coverage

This will pay to fix damage to your Eldorado resulting from colliding with an object or car. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for things like backing into a parked car, colliding with another moving vehicle, hitting a parking meter and scraping a guard rail. Collision is rather expensive coverage, so consider dropping it from vehicles that are 8 years or older. It’s also possible to bump up the deductible in order to get cheaper collision rates.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage provides protection from other drivers when they do not carry enough liability coverage. This coverage pays for medical payments for you and your occupants and also any damage incurred to your Cadillac Eldorado.

Since many drivers only carry the minimum required liability limits, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is very important.

Liability coverage

Liability insurance will cover damages or injuries you inflict on other people or property in an accident. It protects YOU from legal claims by others, and does not provide coverage for damage to your own property or vehicle.

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. As an example, you may have policy limits of 50/100/50 that translate to a $50,000 limit per person for injuries, $100,000 for the entire accident, and a total limit of $50,000 for damage to vehicles and property.

Liability insurance covers things like bail bonds, attorney fees and medical expenses. How much liability should you purchase? That is up to you, but buy higher limits if possible.

Med pay and Personal Injury Protection (PIP)

Personal Injury Protection (PIP) and medical payments coverage pay for bills such as surgery, funeral costs, hospital visits and dental work. They are often utilized in addition to your health insurance policy or if you are not covered by health insurance. Medical payments and PIP cover not only the driver but also the vehicle occupants and will also cover any family member struck as a pedestrian. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

One last thing

When trying to cut insurance costs, don’t be tempted to buy poor coverage just to save money. There are too many instances where someone dropped liability coverage limits only to find out that their decision to reduce coverage ended up costing them more. The ultimate goal is to purchase plenty of coverage for the lowest price while still protecting your assets.

We’ve covered a lot of information how to get a better price on 1991 Cadillac Eldorado insurance. The most important thing to understand is the more companies you get prices for, the better your comparison will be. Consumers could even find that the biggest savings come from some of the lesser-known companies. Some small companies can often insure niche markets at a lower cost as compared to the big name companies such as State Farm or Progressive.

Additional detailed information can be found at these sites: