2008 Cadillac SRX Insurance Quotes – 6 Discounts for Best Rates

No car owner is fond of buying insurance, especially when they are aware that they could find lower prices if they just compared rates. Insurance companies such as Geico, 21st Century and Progressive all claim big savings, bombarding you with advertising and it is challenging if not impossible to avoid their marketing magic and effectively compare rates to find the best deal.

You should take the time to check insurance prices on a regular basis because rates are adjusted regularly by insurance companies. Despite the fact that you may have had the best rate for SRX coverage two years ago you may be paying too much now. There is too much inaccurate information about insurance out there, but in this article, you’re going to get some of the best techniques to lower your insurance rates.

Affordable insurance coverage quotes

Effectively comparing insurance coverage prices can take hours if you aren’t aware of the best way to get rate quotes. You can waste a few hours (or days) discussing policy coverages with insurance agencies in your area, or you can stay home and use the internet to quickly compare rates.

All the larger companies take part in a program where insurance shoppers submit one quote, and at least one company returns a rated price. This prevents consumers from doing quote forms for each company you want a rate for. To use this form to compare rates click here to start a free quote.

The only downside to using this type of system is you don’t know exactly the providers to get quotes from. So if you want to choose from a list of companies to compare rates, we have assembled a list of the cheapest insurance coverage companies in your area. View list of insurance companies.

Whichever method you choose, make sure you compare the same deductibles and coverage limits for each price quote. If you have different limits and deductibles on each one it will be nearly impossible to decipher which rate is best.

You may qualify for discounts

Auto insurance companies don’t list every possible discount in a way that’s easy to find, so we researched some of the best known as well as the least known credits available to you.

  • Low Mileage – Low mileage vehicles can qualify you for lower prices due to less chance of an accident.
  • Cautious Driver Discounts – Drivers without accidents can save up to 40% or more on their insurance coverage quote for SRX coverage than drivers with accident claims.
  • Smart Student Discounts – This discount can be rewarded with saving of up to 25%. Earning this discount can benefit you well after school through age 25.
  • Defensive Driver Discounts – Successfully completing a course in defensive driver is a good idea and can lower rates if you qualify.
  • Theft Deterent Discount – Vehicles optioned with advanced anti-theft systems are stolen less frequently and therefore earn up to a 10% discount.
  • Professional Memberships – Being in certain professional organizations can get you a small discount when shopping for insurance.

Drivers should understand that many deductions do not apply to the overall cost of the policy. A few only apply to the price of certain insurance coverages like collision or personal injury protection. So even though you would think you can get free auto insurance, you won’t be that lucky.

If you would like to see a list of insurance companies who offer online insurance quotes, click here.

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

When buying the right insurance coverage, there really is no cookie cutter policy. Coverage needs to be tailored to your specific needs so your insurance needs to address that. Here are some questions about coverages that may help you determine whether your personal situation will benefit from professional help.

  • When should I remove comp and collision on my 2008 Cadillac SRX?
  • Are my friends covered when driving my 2008 Cadillac SRX?
  • Is business property covered if stolen from my car?
  • Do I pay less for low miles?
  • Is upholstery damage covered by car insurance?
  • Is my teenager covered with friends in the car?
  • Does my personal policy cover me when driving out-of-state?
  • Is my dog or cat covered if injured in an accident?
  • Is my nanny covered when driving my vehicle?

If it’s difficult to answer those questions but a few of them apply, then you may want to think about talking to a licensed agent. If you don’t have a local agent, simply complete this short form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.

Information about specific coverages

Knowing the specifics of a insurance policy can help you determine the right coverages and proper limits and deductibles. The terms used in a policy can be confusing and reading a policy is terribly boring. These are the normal coverages found on most insurance policies.

Insurance for medical payments – Med pay and PIP coverage pay for bills for things like rehabilitation expenses, hospital visits, X-ray expenses and dental work. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Comprehensive coverage (or Other than Collision) – Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage protects against claims such as damage from getting keyed, vandalism, damage from flooding, a broken windshield and damage from a tornado or hurricane. The most you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value consider removing comprehensive coverage.

Uninsured Motorist or Underinsured Motorist insurance – Uninsured or Underinsured Motorist coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants and damage to your 2008 Cadillac SRX.

Because many people carry very low liability coverage limits, it only takes a small accident to exceed their coverage. So UM/UIM coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Coverage for liability – Liability coverage protects you from injuries or damage you cause to other people or property. Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 50/100/50 which stand for $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Alternatively, you may have a combined single limit or CSL that pays claims from the same limit rather than limiting it on a per person basis.

Liability coverage pays for things like court costs, structural damage and medical services. How much liability should you purchase? That is up to you, but consider buying as high a limit as you can afford.

Collision coverages – This coverage covers damage to your SRX caused by collision with another car or object. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as damaging your car on a curb, backing into a parked car and sideswiping another vehicle. Collision is rather expensive coverage, so you might think about dropping it from lower value vehicles. Another option is to choose a higher deductible to get cheaper collision coverage.

Buy online or local, you save

You just learned a lot of information how to reduce 2008 Cadillac SRX insurance premium rates online. The most important thing to understand is the more rate comparisons you have, the better your comparison will be. You may even find the biggest savings come from a small local company. These smaller insurers may cover specific market segments cheaper compared to the large companies like Geico and State Farm.

Cheaper 2008 Cadillac SRX insurance can be bought from both online companies as well as from insurance agents, and you should compare rates from both to have the best chance of lowering rates. There are still a few companies who may not offer price quotes online and usually these small, regional companies only sell coverage through independent agencies.

When you buy insurance coverage online, it’s not a good idea to buy poor coverage just to save money. Too many times, someone dropped comprehensive coverage or liability limits and learned later that the few dollars in savings costed them thousands. The proper strategy is to buy enough coverage for the lowest cost while still protecting your assets.

Additional auto insurance information is available at the links below