Cheaper 2007 Cadillac Escalade EXT Insurance Rates

Trying to find cheaper insurance for a new or used Cadillac Escalade EXT can be a painful process, but you can learn a few tricks and make it easy. There are both good and bad ways to find insurance online and you need to know the absolute fastest way to quote coverages for a new or used Cadillac and locate the best price possible either online or from local insurance agents.

You should take the time to compare rates occasionally because insurance rates change quite often. If you had the best premium rates on Escalade EXT insurance a couple years back the chances are good that you can find a lower price today. Ignore everything you know about insurance because I’m going to let you in on the secrets to the tricks you need to know to reduce your cost while improving coverage.

Buying car insurance is not that difficult. If you have a current insurance coverage policy or are just looking to switch companies, you can follow these tips to find better prices and still get good coverage. Consumers just need to learn the proper methods to compare price quotes online.

Smart consumers know how to quote insurance coverage for less

It’s important that you understand a few of the rating criteria that help calculate the level of your policy premiums. When you know what positively or negatively determines base rates, this empowers consumers to make smart changes that can earn you much lower annual insurance costs. Many factors are used in the calculation when you get your auto insurance bill. Some of the criteria are obvious such as traffic violations, but others are not as apparent such as your credit history or how safe your car is.

  • Bundle policies with the same company – Most major insurance companies will give discounts to clients that have more than one policy such as combining an auto and homeowners policy. The amount of the discounts can be anywhere from five to ten percent in most cases. Even with this discount applied, it’s in your best interest to compare other insurance prices to make sure you are getting the best deal.
  • Careless driving leads to higher prices – Only having one speeding ticket may cause rates to rise forty percent or more. Drivers who don’t get tickets receive lower rates compared to bad drivers. People who have license-revoking violations like DUI, reckless driving or excessive speeding may find that they have to to complete a SR-22 with their state DMV in order to legally drive.
  • Additional coverages that may be costing you – Policies have additional coverages that you can buy on your insurance coverage policy. Coverages for replacement cost coverage, accident forgiveness, and term life insurance may not be needed and are just wasting money. They may seem good when talking to your agent, but if you’ve never needed them in the past remove them from your policy.
  • Your car’s features help determine insurance coverage rates – Choosing a vehicle that has an advanced theft prevention system can save you a little every year. Anti-theft devices such as vehicle immobilizer systems, General Motors OnStar and LoJack tracking systems can thwart auto theft and help lower rates.
  • Younger drivers cost more – Young drivers have a tendency to be careless and easily distracted when behind the wheel therefore insurance coverage rates are much higher. Older people have been proven to be more responsible, statistically cause fewer accidents and are safer drivers.

Affordable insurance rate quotes online

Lowering your 2007 Cadillac Escalade EXT insurance rates is pretty simple and can save money. All that’s required is to take a couple of minutes to compare free auto insurance quotes from some recommended companies. You can get a good selection of rate quotes by using one of the methods below.

  • If you don’t have a lot of time, the easiest way to find low rates is a comparison rater form like this one (opens in new window). This easy form keeps you from doing separate forms for each company you want a rate for. Taking the time to complete one form will get you rate comparisons instantly. This is by far the quickest method.
  • A different way to compare rate quotes is to manually visit each company’s website and fill out a new quote form. For instance, let’s assume you want to see prices from Allstate, Safeco and Geico. To get rate quotes you would need to spend time on each company’s site and enter your information, which is not fast way to get rate quotes.

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

You can choose any of those ways to find more affodable coverage, but make darn sure you compare equivalent coverages and limits on every quote you get. If you have different values for each quote you can’t possibly get a fair rate comparison.

Do you qualify for discount insurance coverage?

The price of auto insurance can be rather high, but there may be some discounts that could help you make your next renewal payment. Certain discounts will be applied when you purchase, but less common discounts must be asked about before you will receive the discount.

  • Driver Education Discount – Make teen driver coverage more affordable by requiring them to enroll and complete driver’s education if offered at their school.
  • Defensive Driver – Participating in a safe driver course is a good idea and can lower rates if you qualify.
  • More Vehicles More Savings – Drivers who insure multiple vehicles on one policy can get a discount for every vehicle.
  • Pay Early and Save – If you can afford to pay the entire bill rather than paying in monthly installments you could save 5% or more.
  • Federal Government Employee – Employees or retirees of the government could qualify for a slight premium decrease on Escalade EXT insurance with certain companies.

One last thing about discounts, most discounts do not apply to the entire cost. Most only cut the cost of specific coverages such as collision or personal injury protection. So even though you would think you would end up receiving a 100% discount, insurance coverage companies aren’t that generous.

A few popular companies and some of their more popular discounts are shown below.

  • State Farm may include discounts for passive restraint, safe vehicle, defensive driving training, multiple autos, student away at school, accident-free, and Drive Safe & Save.
  • Geico policyholders can earn discounts including emergency military deployment, driver training, military active duty, federal employee, anti-theft, and multi-vehicle.
  • SAFECO may offer discounts for teen safe driver, multi-car, homeowner, anti-lock brakes, and safe driver.
  • Farmers Insurance offers discounts for teen driver, youthful driver, business and professional, switch companies, multi-car, and distant student.
  • AAA offers discounts including pay-in-full, multi-policy, anti-theft, good student, education and occupation, good driver, and AAA membership discount.
  • USAA has savings for multi-policy, family discount, defensive driver, multi-vehicle, and safe driver.

It’s a good idea to ask every insurance company to give you their best rates. Some discounts may not apply to policyholders in your area.

What insurance coverages do I need?

When choosing proper insurance coverage for your vehicles, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs.

These are some specific questions can help discover if you will benefit from professional help.

  • Is my cargo covered for damage or theft?
  • Do I have coverage for damage caused while driving under the influence?
  • When do I need to add a new car to my policy?
  • If my 2007 Cadillac Escalade EXT is totaled, can I afford another vehicle?
  • Do I need to file an SR-22 for a DUI in my state?
  • Are there companies who specialize in insuring high-risk drivers?
  • Am I covered when using my vehicle for business?
  • Does my car insurance cover rental cars?
  • Can I get a multi-policy discount for packaging my home and auto coverage?
  • Will I lose any money if I cancel my policy before it expires?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, simply complete this short form. It only takes a few minutes and can help protect your family.

Information about specific coverages

Having a good grasp of a car insurance policy can be of help when determining the right coverages for your vehicles. The coverage terms in a policy can be confusing and reading a policy is terribly boring.

Comprehensive or Other Than Collision

This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like vandalism, damage from getting keyed, hitting a bird and fire damage. The maximum payout you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance

Coverage for medical payments and/or PIP kick in for immediate expenses like dental work, doctor visits and ambulance fees. They are used to cover expenses not covered by your health insurance plan or if there is no health insurance coverage. They cover you and your occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state and may carry a deductible

UM/UIM Coverage

Your UM/UIM coverage gives you protection from other drivers when they are uninsured or don’t have enough coverage. It can pay for hospital bills for your injuries and damage to your 2007 Cadillac Escalade EXT.

Since a lot of drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is a good idea.

Collision insurance

Collision insurance pays for damage to your Escalade EXT from colliding with another car or object. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims like hitting a parking meter, hitting a mailbox, sustaining damage from a pot hole, colliding with a tree and driving through your garage door. Collision coverage makes up a good portion of your premium, 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 save money on collision insurance.

Auto liability

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

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 limits of 100/300/100 that translate to 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.

Liability coverage protects against claims such as attorney fees, repair bills for other people’s vehicles and loss of income. How much coverage you buy is a personal decision, but buy as much as you can afford.

Saving money is sweet as honey

A few companies do not provide the ability to get a quote online and usually these regional insurance providers work with local independent agencies. Low-cost 2007 Cadillac Escalade EXT insurance can be found online as well as from insurance agents, and you should compare price quotes from both to have the best rate selection.

Consumers switch companies for a number of reasons such as poor customer service, high rates after DUI convictions, delays in responding to claim requests or even extreme rates for teen drivers. It doesn’t matter what your reason, choosing a new insurance company can be easier than you think.

You just read some good ideas how you can save on 2007 Cadillac Escalade EXT insurance. The key thing to remember is the more providers you compare, the better your chances of lowering your car insurance rates. You may even discover the biggest savings come from a small mutual company.

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