2003 Cadillac Escalade Car Insurance Quotes – 5 Tips for Cheapest Rates

Want cheaper auto insurance rates for your Cadillac Escalade? I can’t think of a single person who likes having to buy auto insurance, in particular when the price is too high. There are many car insurance companies to buy insurance from, and although it’s nice to have multiple companies, more choices can make it harder to get the best deal.

Consumers need to shop coverage around as often as possible because insurance rates are constantly changing. Just because you had the best rate for Escalade insurance last year you will most likely find a better price today. Forget all the misinformation about auto insurance because you’re about to find out one of the best ways to get good coverage at a lower rate.

This article will introduce you to how car insurance quotes work and some money-saving tips. If you currently have car insurance, you will be able to lower your premiums substantially using this strategy. Drivers just need to know the most efficient way to shop online.

How to get low cost insurance coverage

The majority of larger companies allow consumers to get pricing from their websites. Doing online quotes is quite simple as all you need to do is type in your required coverages as detailed in the form. After the form is submitted, the company’s rating system orders information on your driving record and credit history and generates a price based on many factors. Online quotes simplifies rate comparisons, but the time required to go to a lot of sites and complete many quote forms can be a bit tiresome and repetitive. But it’s absolutely necessary to get many rate quotes in order to get a lower rate.

A better way to lower your rates uses one form that obtains quotes from many companies. It’s a real time-saver, reduces the work, and makes rate comparisons much more efficient. After your information is entered, it gets priced and you are able to buy your choice of the pricing results.

If one or more price quotes are lower than your current rates, it’s easy to complete the application and purchase coverage. The whole process takes less than 15 minutes and could lower your rates considerably.

In order to compare pricing, click here and submit your coverage information. If you have a policy now, it’s recommended that you enter coverages and limits exactly as they are listed on your policy. This ensures you will get rate comparison quotes based on the exact same insurance coverage.

Do I just need basic coverages?

When it comes to choosing coverage, there really is not a “best” method to buy coverage. Every situation is different and your policy should reflect that. Here are some questions about coverages that might point out whether you could use an agent’s help.

  • Should I sign the liability waiver when renting a car?
  • Does my insurance cover my expensive audio equipment?
  • Do I need PIP coverage since I have good health insurance?
  • How can I get high-risk coverage after a DUI?
  • Can my teen driver be rated on a liability-only vehicle?
  • At what point should I drop full coverage?
  • What if I total my 2003 Cadillac Escalade and owe more than it’s worth?
  • Is my babysitter covered when using my vehicle?

If you can’t answer these questions, you may need to chat with a licensed insurance agent. To find an agent in your area, simply complete this short form or you can go here for a list of companies in your area. It only takes a few minutes and can help protect your family.

Insurance policy coverages for a Cadillac Escalade

Having a good grasp of your insurance policy can be of help when determining which coverages you need for your vehicles. Insurance terms can be difficult to understand and coverage can change by endorsement. Below you’ll find the usual coverages offered by insurance companies.

Comprehensive auto coverage

This coverage pays to fix your vehicle from damage that is not covered by collision coverage. You need to pay your deductible first and then insurance will cover the rest of the damage.

Comprehensive coverage pays for claims like damage from a tornado or hurricane, theft and a tree branch falling on your vehicle. The highest amount you can receive from a comprehensive claim is the cash value of the vehicle, so if the vehicle’s value is low it’s not worth carrying full coverage.

Collision coverage protection

Collision insurance pays for damage to your Escalade resulting from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and then insurance will cover the remainder.

Collision can pay for claims such as rolling your car, colliding with a tree and backing into a parked car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible to bring the cost down.

Liability coverages

Liability coverage can cover damage that occurs to other people or property by causing an accident. It protects you against other people’s claims. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 which stand for a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and $100,000 of coverage for damaged propery. Another option is a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage protects against claims such as emergency aid, court costs and structural damage. How much liability coverage do you need? That is a personal decision, but you should buy as much as you can afford.

UM/UIM (Uninsured/Underinsured Motorist) coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. Covered claims include injuries sustained by your vehicle’s occupants and also any damage incurred to your Cadillac Escalade.

Since many drivers have only the minimum liability required by law, their limits can quickly be used up. For this reason, having high UM/UIM coverages is important protection for you and your family. Usually these limits are identical to your policy’s liability coverage.

Medical payments and PIP coverage

Coverage for medical payments and/or PIP reimburse you for immediate expenses for dental work, rehabilitation expenses, prosthetic devices, pain medications and EMT expenses. They can be utilized in addition to your health insurance plan or if you are not covered by health insurance. Coverage applies to all vehicle occupants in addition to getting struck while a pedestrian. Personal injury protection coverage is not available in all states but can be used in place of medical payments coverage