2013 Cadillac Escalade EXT Insurance Rates

Expensive insurance can deplete your savings account and force you to cut corners elsewhere. Performing a rate comparison is free, only takes a few minutes, and is a good way to tighten up your finances.

Insurance companies such as Progressive, State Farm and Geico continually bombard you with ads and it can be hard to separate fact from fiction and find the best price available.

Consumers should take time to compare premium rates once or twice a year since insurance prices fluctuate regularly. Just because you found the lowest price for Escalade EXT insurance two years ago there is a good chance you can find better rates now. Forget all the misinformation about insurance because you’re about to learn how to quote online to reduce your cost while increasing coverage.

What determines Cadillac Escalade EXT insurance rates?

Multiple criteria are taken into consideration when you get your auto insurance bill. A few of the factors are predictable such as your driving history, but others are more obscure like your continuous coverage or your financial responsibility.

  • How much liability insurance – Your policy’s liability coverage is the protection if a court rules you are at fault for causing damage or personal injury in an accident. It will provide for a legal defense up to the limits shown on your policy. This coverage is very inexpensive compared to other policy coverages, so drivers should make sure they buy enough to cover all assets.
  • Premiums are high for teenagers – Beginning drivers are statistically shown to be more careless when driving with friends therefore auto insurance rates are much higher. Parents adding a first-time driver onto a policy can increase premiums substantially. More experienced drivers are shown to be more cautious, tend to file fewer claims .
  • Demanding employer may mean higher auto insurance rates – Do you work in a high-stress field? Occupations such as doctors, executives and miners tend to pay higher rates than average due to intense work situations and lengthy work days. On the flip side, jobs such as farmers, engineers and performers pay lower than average rates for Escalade EXT insurance.
  • Vehicles with better crash test results means lower rates – Safer cars tend to have lower insurance rates. These vehicles reduce the chance of injuries and reduced instances of injuries means lower claim amounts and lower rates for you.
  • Careless drivers pay higher prices – Even a single moving violation can increase the cost of insurance by as much as twenty percent. Good drivers tend to pay less for car insurance as compared to those with violations. Drivers who get flagrant tickets such as DWI, reckless driving or hit and run convictions may need to file a proof of financial responsibility form (SR-22) with their state’s licensing department in order to legally drive.
  • Low comp and collision deductibles cost more – Insurance for physical damage, commonly called comprehensive (or other-than-collision) and collision coverage, protects your Cadillac from damage. Examples of some claims that would be covered would be running into the backend of another car, damage from fire, and having your car stolen. Your deductibles define how much you are willing to pay if a covered claim is submitted. The more money you’re willing to pay, the better rate you will receive for Escalade EXT insurance.
  • Avoid auto insurance policy lapses – Having an insurance coverage lapse is a sure-fire way to increase your renewal premiums. Not only will you pay more, not being able to provide proof of insurance will get you a hefty fine and possibly a revoked license. You will then be forced to submit proof of financial responsibility or a SR-22 with your state department of motor vehicles.
  • Rates can drop if you have more than one policy – The majority of auto insurance companies afford discounts to people that purchase more than one policy such as combining an auto and homeowners policy. Even if you’re getting this discount you still need to shop around to help ensure you have the lowest rates. You may still be able to find lower rates by buying from different companies

How to buy auto insurance

Most major insurance companies allow consumers to get pricing on the web. Getting online rates is easy for anyone because it’s just a matter of typing in the coverages you want as requested by the quote form. Behind the scenes, their quoting system requests information on your driving record and credit history and generates a price based on many factors. Quoting online helps simplify price comparisons, but having to visit different websites and complete many quote forms is monotonous and tiresome. But it is imperative to get many rate quotes if you want to find the lowest price.

The smarter way to locate the lowest prices is to use a quote form that gets prices from a lot of companies. The form is fast, requires less work, and makes online shopping much more enjoyable and efficient. Once the form is submitted, it is rated and you can select any of the price quotes you receive.

If one or more price quotes are lower than your current rates, you can simply submit the application and buy the new coverage. It can be completed in less than 10 minutes and you will know how your current rates stack up.

If you want to compare rates now, simply click here to open in new window and complete the simple form. If you have your current policy handy, we recommend you copy coverages and limits exactly as they are listed on your policy. Doing this assures you will have an apples-to-apples comparison for the exact same coverage.

Don’t listen to company ads

Drivers can’t get away from all the ads for the lowest price car insurance by Progressive, Geico, Allstate and State Farm. All the companies advertise the message about savings if you get a free auto insurance quote and switch your car insurance policy to them.

How do they all lower your prices? You have to listen carefully.

Companies quote the lowest rates for the type of driver that will generate a profit. One example of a driver they prefer should be a married male, has no claims, and the vehicle is rated for pleasure use. A driver that hits that “sweet spot” will get the preferred premium rates as well as cut their rates substantially.

Potential insureds who may not quite match those criteria will be charged a higher premium and this can result in the customer not buying. The wording the ads use say “people who switch” not “all people who quote” save that much. That’s why companies can make those statements.

That is why you really should compare price quotes frequently. Because you cannot predict which car insurance company will provide you with the cheapest rates.

Lower rates by qualifying for discounts

Auto insurance can be pricey, but you might be missing out on some discounts that you may not even know about. Some trigger automatically at quote time, but less common discounts must be specially asked for prior to receiving the credit.

  • Defensive Driver Discount – Participating in a course that instructs on driving safety can save you 5% or more if your company offers it.
  • Federal Government Employee – Federal government employees could provide a small rate reduction for Escalade EXT insurance with some auto insurance companies.
  • Full Payment Discount – If paying your policy premium upfront as opposed to paying monthly you can avoid the installment charge.
  • Accident Forgiveness – This one is not really a discount per se, but certain companies will forgive one accident without getting socked with a rate hike with the catch being you have to be claim-free for a certain period of time.
  • Online Discount – Some auto insurance companies will give a small break just for signing your application over the internet.
  • Senior Discount – If you’re over the age of 55, you may be able to get reduced rates for Escalade EXT insurance.
  • Low Mileage Discounts – Maintaining low annual mileage may allow you to get slightly better premium rates than normal.

It’s important to note that some of the credits will not apply to all coverage premiums. Most only apply to individual premiums such as comp or med pay. So when the math indicates you would end up receiving a 100% discount, it doesn’t quite work that way.

To see companies that can offer you the previously mentioned discounts, click here.

Car insurance is unique, just like you

When it comes to choosing adequate coverage for your vehicles, there is no best way to insure your cars. Everyone’s situation is unique so your insurance should reflect that These are some specific questions can aid in determining if you would benefit from professional advice.

  • What is the rate difference between pleasure use and commuting?
  • Am I covered when pulling a rental trailer?
  • What is PIP insurance?
  • Does insurance cover tools stolen from my truck?
  • When does my teenage driver need to be added to my policy?
  • Does car insurance cover theft of personal property?
  • When can my company non-renew my policy?
  • Does having multiple vehicles earn me a discount?

If you’re not sure about those questions then you might want to talk to an agent. To find an agent in your area, complete this form or click here for a list of car insurance companies in your area. It’s fast, free and can provide invaluable advice.

Insurance coverages 101

Understanding the coverages of a insurance policy can be of help when determining the right coverages for your vehicles. Policy terminology can be ambiguous and reading a policy is terribly boring. Below you’ll find typical coverages found on the average insurance policy.

Liability insurance

This provides protection from damage that occurs to other people or property that is your fault. It protects YOU against other people’s claims. Liability doesn’t cover your own vehicle damage or injuries.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You commonly see policy limits of 100/300/100 which stand for $100,000 in coverage for each person’s injuries, $300,000 for the entire accident, and $100,000 of coverage for damaged propery. Some companies may use a combined limit that pays claims from the same limit with no separate limits for injury or property damage.

Liability insurance covers claims such as pain and suffering, repair bills for other people’s vehicles, repair costs for stationary objects, structural damage and medical expenses. The amount of liability coverage you purchase is a personal decision, but buy as much as you can afford.

Coverage for medical payments

Coverage for medical payments and/or PIP pay for bills for things like nursing services, doctor visits and chiropractic care. They are often utilized in addition to your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and will also cover any family member struck as a pedestrian. Personal injury protection coverage is not universally available but it provides additional coverages not offered by medical payments coverage

Comprehensive coverages

Comprehensive insurance pays for damage OTHER than collision with another vehicle or object. You first must pay your deductible and then insurance will cover the rest of the damage.

Comprehensive coverage protects against things such as fire damage, hitting a bird, theft, vandalism and falling objects. The highest amount a insurance company will pay at claim time 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.

Collision coverage protection

This coverage covers damage to your Escalade EXT from colliding with another car or object. You first must pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims like crashing into a building, backing into a parked car, scraping a guard rail and damaging your car on a curb. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible in order to get cheaper collision rates.

Uninsured and underinsured coverage

This coverage provides protection when other motorists do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and also any damage incurred to your Cadillac Escalade EXT.

Since many drivers carry very low liability coverage limits, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Frequently your uninsured/underinsured motorist coverages are set the same as your liablity limits.

Have the Midas touch

Low-cost 2013 Cadillac Escalade EXT insurance can be found from both online companies and from local insurance agents, and you should compare price quotes from both in order to have the best chance of saving money. Some companies may not have online rate quotes and most of the time these small, regional companies only sell through independent insurance agents.

As you shop your coverage around, it’s a bad idea to reduce coverage to reduce premium. There are a lot of situations where someone sacrificed collision coverage and found out when filing a claim that it was a big error on their part. Your objective should be to get the best coverage possible for the lowest price.

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