2012 Cadillac CTS Insurance Rates

Looking for lower auto insurance rates for your Cadillac CTS? Did a good deal turn out to be high-priced auto insurance? Trust us, many drivers have buyer’s remorse. You have multiple car insurance companies to choose from, and although it’s nice to have a selection, it makes it harder to find the lowest rates.

Finding the best rates is not rocket science. If you currently have a car insurance policy, you stand a good chance to be able to lower your premiums substantially using these methods. Drivers just need to know the best way to compare company rates over the internet.

How much is car insurance?

Finding a lower price on 2012 Cadillac CTS insurance doesn’t have to be difficult. You just need to take a few minutes comparing rates to find. Insurance prices can be quoted in a couple of different ways.

  1. The recommended way to find low rates is to use a rate comparison form like this one (opens in new window). This form saves time by eliminating separate quote forms for each company. Taking the time to complete one form will get you price quotes from several companies.
  2. A different way to find better pricing requires visiting each company’s website and get a separate price quote. For sake of this example, let’s assume you are doing a rate comparison from Farmers, Esurance and Travelers. You would have to spend time on each company’s site and enter your policy data, which is not fast way to get rate quotes.

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

It’s up to you which method you use, but make sure you are using apples-to-apples quote information for each quote you get. If you have mixed coverages you will not be able to make a fair comparison for your Cadillac CTS.

When do I need an agent’s advice?

When it comes to buying proper insurance coverage for your personal vehicles, there really is no “perfect” insurance plan. Everyone’s situation is unique so this has to be addressed. For example, these questions might help in determining whether you will benefit from professional help.

  • Can I afford to pay high deductible claims out of pocket?
  • Do I need to file an SR-22 for a DUI in my state?
  • I have health insurance so do I need medical payments coverage?
  • Do I need roadside assistance coverage?
  • Does coverage extend to Mexico or Canada?
  • Do I have coverage if my license is suspended?
  • When would I need rental car insurance?

If you can’t answer these questions, you might consider 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’s fast, doesn’t cost anything and may give you better protection.

Insurance coverage breakdown

Learning about specific coverages of your insurance policy can be of help when determining the best coverages and proper limits and deductibles. Insurance terms can be difficult to understand and reading a policy is terribly boring. These are typical coverage types found on most insurance policies.

Medical costs insurance – Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like EMT expenses, hospital visits, X-ray expenses and prosthetic devices. They can be 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 in addition to any family member struck as a pedestrian. Personal injury protection coverage is not available in all states and may carry a deductible

UM/UIM Coverage – This provides protection when other motorists either have no liability insurance or not enough. Covered losses include medical payments for you and your occupants and damage to your Cadillac CTS.

Because many people only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage should not be overlooked.

Comprehensive or Other Than Collision – This coverage will pay to fix damage that is not covered by collision coverage. You first have to pay a deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage protects against things like hitting a deer, damage from a tornado or hurricane, damage from getting keyed, hail damage and damage from flooding. The maximum payout your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Collision – Collision coverage will pay to fix damage to your CTS 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 can pay for claims like hitting a parking meter, damaging your car on a curb and sideswiping another vehicle. This coverage can be expensive, so you might think about dropping it from older vehicles. You can also bump up the deductible to save money on collision insurance.

Auto liability insurance – Liability insurance will cover damages or injuries you inflict on a person or their property in an accident. It 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: per person bodily injury, per accident bodily injury, and a property damage limit. You might see liability limits of 100/300/100 which means a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability coverage pays for things such as court costs, pain and suffering, repair costs for stationary objects, bail bonds and medical expenses. How much liability coverage do you need? That is a personal decision, but buy as much as you can afford.