2009 Cadillac Escalade Insurance Rates – 5 Tips to Save

Vehicle owners who are new to comparing insurance rates online could find locating inexpensive insurance is harder than it needs to be.

Consumers need to take a look at other company’s rates every six months because prices change regularly. If you had the best price for Escalade coverage last year other companies may now be cheaper. There are a lot of ways to save on car insurance online but by reading this article, you’re going to learn some of the best techniques to stop overpaying for insurance.

Double check you’re getting these five discounts

Companies that sell car insurance don’t necessarily list all disounts very clearly, so the following is a list of some of the best known as well as some of the hidden credits that you can use to lower your rates. If you aren’t receiving every discount you deserve, you are just wasting money.

  • ABS Braking Discount – Cars with ABS and/or traction control can reduce accidents and earn discounts up to 10%.
  • Discount for Swiching Early – Select larger companies give a discount for signing up before your current expiration date. It’s a savings of about 10%.
  • Telematics Data Discounts – Drivers who agree to allow their insurance company to monitor driving patterns remotely such as Drivewise from Allstate or Snapshot from Progressive could see a rate decrease if they are good drivers.
  • Senior Discount – If you qualify as a senior citizen, you can get reduced rates for Escalade coverage.
  • Paper-free Discount – A handful of insurance companies give back up to $50 get insurance over the internet.

Just know that most discounts do not apply to the entire policy premium. Most only reduce individual premiums such as physical damage coverage or medical payments. Even though the math looks like all the discounts add up to a free policy, companies don’t profit that way.

The best insurance companies and their offered discounts are:

  • State Farm discounts include anti-theft, multiple autos, multiple policy, passive restraint, accident-free, and Steer Clear safe driver discount.
  • Nationwide may include discounts for accident-free, anti-theft, easy pay, multi-policy, family plan, good student, and Farm Bureau membership.
  • Geico offers discounts for anti-theft, five-year accident-free, emergency military deployment, multi-policy, seat belt use, and good student.
  • AAA may offer discounts for good student, education and occupation, anti-theft, AAA membership discount, multi-policy, and pay-in-full.
  • 21st Century offers premium reductions for good student, teen driver, anti-lock brakes, 55 and older, defensive driver, automatic seat belts, and early bird.
  • The Hartford policyholders can earn discounts including good student, defensive driver, bundle, anti-theft, and driver training.

When quoting, ask each insurance company what discounts are available to you. A few discounts might not apply everywhere.

Special considerations

When it comes to choosing the best car insurance coverage, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s.

For instance, these questions could help you determine if your insurance needs may require specific advice.

  • Is my camper covered by my car insurance policy?
  • Am I covered if I break a side mirror?
  • Do I need roadside assistance coverage?
  • Do I benefit by insuring my home with the same company?
  • What discounts do I qualify for?
  • Can I rent a car in Mexico?
  • Is borrowed equipment or tools covered if stolen or damaged?

If you’re not sure about those questions, you might consider talking to a licensed agent. If you don’t have a local agent, fill out this quick form.

Do you really save 40% when you switch?

Popular auto insurance providers such as Allstate and Progressive constantly bombard you with ads on television and other media. All the companies tend to make the same promise of big savings if you move your auto insurance policy to them. But how can every company charge less that you’re paying now? It’s all in the numbers.

Insurance companies have a preferred profile for a prospective insured that will most likely be profitable. One example of a profitable risk profile might be a mature driver, has never had a policy lapse, and has a high credit rating. Someone that matches those criteria will probably get the lowest premium rates and will most likely save a lot of money.

Potential insureds who do not meet these standards will be quoted higher premium rates and the customer buying from a different company. Company advertisements say “customers who switch” not “everyone who quotes” save that much money. This is how companies can make it sound like they have such great rates. This really emphasizes why you need to get price quotes at each policy renewal. It’s just not possible to know with any certainty which company will have the best prices for your profile.

Insurance policy specifics

Having a good grasp of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Liability car insurance

Liability coverage provides protection from injuries or damage you cause to other’s property or people in an accident. It protects YOU against claims from other people, and does not provide coverage for your injuries or vehicle damage.

Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show limits of 100/300/100 which means a limit of $100,000 per injured person, $300,000 for the entire accident, and a limit of $100,000 paid for damaged property.

Liability insurance covers claims such as emergency aid, loss of income, legal defense fees, bail bonds and attorney fees. How much liability should you purchase? That is up to you, but it’s cheap coverage so purchase higher limits if possible.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for immediate expenses for things like pain medications, hospital visits, doctor visits and chiropractic care. They are often utilized in addition to your health insurance program or if you are not covered by health insurance. Coverage applies to all vehicle occupants and also covers being hit by a car walking across the street. Personal injury protection coverage is not available in all states and may carry a deductible

Coverage for collisions

Collision insurance pays for damage to your Escalade resulting from a collision with another vehicle or an object, but not an animal. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision coverage protects against claims such as crashing into a building, crashing into a ditch and scraping a guard rail. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to increase the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants and damage to your Cadillac Escalade.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. This is the reason having UM/UIM coverage is a good idea.

Comprehensive coverages

This pays for damage that is not covered by collision coverage. You first must pay your deductible then your comprehensive coverage will pay.

Comprehensive can pay for claims like a tree branch falling on your vehicle, falling objects, hitting a bird and hail damage. The maximum amount a insurance company will pay at claim time is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Be a smart shopper

We’ve covered many ideas to reduce 2009 Cadillac Escalade insurance auto insurance rates online. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may be surprised to find that the lowest auto insurance rates come from the least-expected company.

As you go through the steps to switch your coverage, it’s not a good idea to reduce needed coverages to save money. There are too many instances where an insured dropped uninsured motorist or liability limits to discover at claim time they didn’t purchase enough coverage. Your focus should be to get the best coverage possible at the best price but still have enough coverage for asset protection.

Drivers leave their current company for many reasons like denial of a claim, high rates after DUI convictions, extreme rates for teen drivers or even high prices. Regardless of your reason, switching companies can be easy and end up saving you some money.

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