How Much Does 2003 Cadillac Escalade EXT Insurance Cost?

Do you get exhausted from scraping the payment together to buy insurance? Your situation is no different than many other drivers.

Since you have so many options when it comes to insurance, it’s difficult to pick the lowest price company.

You should make it a habit to get comparison quotes before your next renewal because prices change quite often. Even if you think you had the lowest quotes on Escalade EXT coverage a few years ago you may be paying too much now. Ignore everything you know about insurance because you’re about to find out one of the quickest ways to find great coverage at a great price.

You may qualify for discounts

Companies don’t necessarily list all disounts very clearly, so below is a list a few of the more common as well as the least known credits available to bring down your rates. If you do not check that you are getting every discount you qualify for, you could be paying more than you need to.

Senior Citizen Discount – Older drivers may qualify for better auto insurance rates on Escalade EXT coverage.
Accident Free – Good drivers with no accidents can earn big discounts in comparison with insureds who have frequent claims or accidents.
Theft Deterent – Cars, trucks, and SUVs equipped with anti-theft or alarm systems can help prevent theft and qualify for as much as a 10% discount.
Discounts for Government Workers – Federal government employees could cut as much as 10% off on Escalade EXT coverage with some auto insurance companies.
Anti-lock Brakes – Cars, trucks, and SUVs with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
Good Student Discount – Performing well in school can earn a discount of 20% or more. The discount lasts until age 25.

As a sidenote, most discounts do not apply to the entire cost. Some only apply to the price of certain insurance coverages like liability, collision or medical payments. Just because it seems like all those discounts means the company will pay you, it doesn’t quite work that way.

If you would like to choose from a list of providers that offer many of these discounts, click this link.

There’s no such thing as the perfect auto insurance policy

When buying the right insurance coverage for your vehicles, there is no one size fits all plan. Everyone’s needs are different so your insurance needs to address that. These are some specific questions may help highlight if you could use an agent’s help.

When do I need to add a new car to my policy?
Do I have coverage for damage caused while driving under the influence?
Am I covered when driving someone else’s vehicle?
Will my vehicle be repaired with OEM or aftermarket parts?
Should I have combined single limit or split liability limits?
Is pleasure use cheaper than using my 2003 Cadillac Escalade EXT to commute?
Does coverage extend to a rental car in a foreign country?

If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. To find an agent in your area, fill out this quick form or click here for a list of auto insurance companies in your area.

Brand name doesn’t guarantee savings

Allstate, Geico and Progressive continually stream television, radio, and online ads. All the companies convey the message about saving some big amount if you move to them. That’s great but how can every company charge you a lower premium? This is the trick they use.

Companies have specific guidelines for a prospective insured that makes them money. For instance, this type of risk profile might have to be a married male, carries high limits, and drives less than 5,000 miles a year. Anyone who matches those parameters will probably get cheap prices and will probably pay quite a bit less when switching companies.

Potential customers who do not meet these standards may receive higher premiums which translates to business going elsewhere. If you pay attention, the ads say “drivers who switch” not “everybody who quotes” can get the lowest rates when switching. This is how insurance companies can confidently lure you into getting a quote.

This illustrates why it is so important to compare free insurance coverage quotes often. It’s just not possible to know which car insurance company will provide the lowest premium rates.

Specific coverage details

Having a good grasp of insurance can help you determine the right coverages for your vehicles. Insurance terms can be confusing and coverage can change by endorsement. Shown next are typical coverage types found on the average insurance policy.

Medical expense coverage – Med pay and PIP coverage reimburse you for immediate expenses like funeral costs, hospital visits, dental work and rehabilitation expenses. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Coverage applies to both the driver and occupants in addition to getting struck while a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Collision – This coverage covers damage to your Escalade EXT resulting from colliding with another car or object. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims like sustaining damage from a pot hole, crashing into a ditch, rolling your car and damaging your car on a curb. This coverage can be expensive, so you might think about dropping it from older vehicles. Another option is to raise the deductible to save money on collision insurance.

Uninsured or underinsured coverage – Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. It can pay for hospital bills for your injuries and damage to your 2003 Cadillac Escalade EXT.

Since a lot of drivers only purchase the least amount of liability that is required, their limits can quickly be used up. For this reason, having high UM/UIM coverages is a good idea. Normally the UM/UIM limits do not exceed the liability coverage limits.

Comprehensive protection – This will pay to fix damage from a wide range of events other than collision. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as falling objects, a broken windshield, theft, fire damage and hitting a deer. The highest amount your insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Auto liability insurance – This coverage provides protection from damage or injury you incur to people or other property that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. As an example, you may have values of 50/100/50 which stand for a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and $50,000 of coverage for damaged propery. Some companies may use a combined limit which limits claims to one amount rather than limiting it on a per person basis.

Liability coverage pays for claims like emergency aid, medical services, structural damage and funeral expenses. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Online plus local equals savings

When shopping online for car insurance, it’s a bad idea to reduce coverage to reduce premium. In too many instances, an insured cut comprehensive coverage or liability limits only to regret at claim time that a couple dollars of savings turned into a financial nightmare. The ultimate goal is to buy the best coverage you can find at an affordable rate, but do not sacrifice coverage to save money.

Some car insurance companies don’t offer the ability to get quotes online and most of the time these smaller companies only sell coverage through independent agents. Lower-priced car insurance can be found from both online companies in addition to many insurance agents, so you need to compare both in order to have the best chance of saving money.