Lower Your 2008 Cadillac Escalade Insurance Quotes

Looking for better insurance coverage rates for your Cadillac Escalade? Being forced to pay for high-priced insurance coverage premiums can take a big chunk out of your savings account and make it impossible to make ends meet. Comparing rate quotes can be a smart way to reduce premiums and put more money in your pocket.

Online insurance companies like Allstate, Progressive and Geico constantly bombard you with advertising and it is challenging if not impossible to see through the deception and take the time to shop coverage around.

How to buy insurance coverage online

Getting low cost 2008 Cadillac Escalade insurance coverage pricing is a fairly straight forward process. Drivers just need to spend a few minutes on the computer to compare rate quotes online from several insurance companies. Rate comparisons can be done in just a few minutes using one of these methods.

The recommended way to find low rates is to use a rate comparison form click here to open form in new window. This quick form prevents you from having to do multiple quote forms for each price estimate. Taking the time to complete one form will get you price quotes from many national carriers.

A less efficient way to analyze rates is going to the website for each individual company and repeat the quote process again and again. For instance, we’ll assume you are doing a rate comparison from USAA, Geico and Travelers. To get each rate you have to take the time to go to each site and enter your policy data, which can get old fast. For a list of links to companies insuring cars in your area, click here.

You can use whichever method you prefer to find lower rates, just be sure you’re using the exact same information with every price quote. If your comparisons have different values for each quote it’s impossible to make a fair rate comparison.

These discounts can lower your car insurance rates

Insuring your fleet can be pricey, but there are discounts available that can drop the cost substantially. A few discounts will automatically apply when you get a quote, but some must be asked about before they will apply.

  • Responsible Driver Discounts – Drivers who avoid accidents can get discounts for up to 45% lower rates for Escalade coverage than drivers with accident claims.
  • Save over 55 – Seniors may receive a discount up to 10% for Escalade coverage.
  • Multi-line Discount – Select insurance companies reward you with a lower price if you buy some life insurance too.
  • Resident Student – Kids who attend college more than 100 miles from home and do not take a car to college can be insured at a reduced rate.
  • Driver’s Education for Students – Have your child sucessfully take a drivers education course if it’s offered in school.
  • Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with substantially lower rates.
  • Good Grades Discount – Being a good student may save as much as 25% on a car insurance quote. Many companies even apply the discount to college students well after school through age 25.

Discounts lower rates, but most discounts do not apply the the whole policy. Most only apply to specific coverage prices like comp or med pay. Even though it appears adding up those discounts means a free policy, that’s just not realistic.

To find car insurance companies that can offer you the previously mentioned discounts, click here to view.

Different people need different auto insurance coverages

When buying proper insurance coverage for your personal vehicles, there really is no perfect coverage plan. Your needs are not the same as everyone else’s so this has to be addressed. For example, these questions may help highlight if you would benefit from an agent’s advice.

  • Why am I required to get a high-risk car insurance policy?
  • Is motorclub coverage worth it?
  • Am I getting all the discounts available?
  • What if I don’t agree with a claim settlement offer?
  • Can I afford low physical damage deductibles?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Am I covered when driving in Canada or Mexico?
  • Can my teen drive my company car?

If you’re not sure about those questions but you know they apply to you then you might want to talk to an agent. If you don’t have a local agent, take a second and complete this form or click here for a list of auto insurance companies in your area. It is quick, free and may give you better protection.

Insurance coverages and their meanings

Understanding the coverages of your policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be ambiguous and coverage can change by endorsement. Listed below are the usual coverages found on the average insurance policy.

Auto liability

Liability coverage can cover damages or injuries you inflict on other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see liability limits of 25/50/25 that means you have a $25,000 limit per person for injuries, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property. Some companies may use a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against claims such as attorney fees, bail bonds and funeral expenses. The amount of liability coverage you purchase is up to you, but you should buy as high a limit as you can afford.

Insurance for medical payments

Medical payments and Personal Injury Protection insurance reimburse you for expenses for prosthetic devices, hospital visits, funeral costs, dental work and X-ray expenses. They are used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP is not universally available and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision)

Comprehensive insurance coverage pays for damage from a wide range of events other than collision. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against claims such as hitting a bird, a tree branch falling on your vehicle, hail damage and fire damage. The highest amount a insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Collision protection

Collision coverage pays to fix your vehicle from damage resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible and then insurance will cover the remainder.

Collision insurance covers claims like crashing into a building, driving through your garage door and colliding with a tree. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. You can also raise the deductible in order to get cheaper collision rates.

Uninsured Motorist or Underinsured Motorist insurance

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they either have no liability insurance or not enough. This coverage pays for hospital bills for your injuries and damage to your 2008 Cadillac Escalade.

Since many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family. Normally these coverages do not exceed the liability coverage limits.

Pennies from heaven

We’ve covered many tips how you can get a better price on 2008 Cadillac Escalade insurance. It’s most important to understand that the more times you quote, the better chance you’ll have of finding cheap car insurance. Consumers could even find that the lowest rates are with an unexpected company. These companies may cover specific market segments cheaper compared to the large companies like Progressive and Geico.

Cheaper 2008 Cadillac Escalade insurance can be sourced from both online companies and from local insurance agents, so you should be comparing quotes from both to get a complete price analysis. Some insurance companies may not have rate quotes online and usually these regional carriers only sell coverage through independent agents.

When trying to cut insurance costs, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where drivers have reduced full coverage and learned later that their decision to reduce coverage ended up costing them more. The goal is to buy a smart amount of coverage at the lowest possible cost.

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