2013 Cadillac Escalade Insurance Cost – 10 Policy Discounts

Trying to find the cheapest insurance for a new or used Cadillac Escalade could be a painful process, but you can follow a few tricks and make it easy.

There is a right way and a wrong way to buy insurance and you need to know the absolute fastest way to price shop coverage for a new or used Cadillac and locate the cheapest rates.

It’s smart to quote other rates every six months because prices tend to go up over time. Just because you found the lowest rate for Escalade coverage a few years ago there may be better deals available now. Forget all the misinformation about insurance because I’m going to teach you the only way to save money, get proper coverage and the best rates.

Cheaper rates with these ten discounts

Insurance coverage can be pricey, but there could be available discounts to cut the cost considerably. A few discounts will automatically apply when you purchase, but less common discounts must be manually applied before you get the savings.

  • Payment Discounts – If you can afford to pay the entire bill instead of monthly or quarterly installments you may reduce your total bill.
  • Bundle and Save – If you can combine your auto and homeowners policy with the same company you could get a discount of at least 10% off all policies.
  • Driver Safety – Participating in a course that instructs on driving safety could cut 5% off your bill if you qualify.
  • Fewer Miles Equal More Savings – Driving fewer miles can qualify you for lower insurance coveragerates on the low mileage vehicles.
  • Military Rewards – Being deployed with a military unit can result in better rates.
  • Discounts for Seat Belt Usage – Forcing all vehicle occupants to buckle up before driving may be able to save a few bucks off the personal injury premium cost.
  • Home Ownership Discount – Just owning your own home can save you money due to the fact that maintaining a home means you have a higher level of financial diligence.
  • Early Switch Discount – Some larger companies reward drivers for buying a new policy prior to your current policy expiring. It can save you around 10%.
  • Anti-lock Brake System – Vehicles with ABS and/or traction control prevent accidents and will save you 10% or more.
  • Good Grades Discount – Performing well in school can save 20 to 25%. Many companies even apply the discount to college students until age 25.

Discounts lower rates, but most discounts do not apply to the entire policy premium. Most only apply to individual premiums such as collision or personal injury protection. So even though they make it sound like you would end up receiving a 100% discount, it doesn’t quite work that way.

Large insurance coverage companies and their possible discounts are outlined below.

  • Geico discounts include seat belt use, driver training, multi-policy, defensive driver, multi-vehicle, good student, and membership and employees.
  • Travelers has savings for student away at school, save driver, IntelliDrive, payment discounts, multi-car, continuous insurance, and early quote.
  • Farm Bureau includes discounts for safe driver, multi-vehicle, driver training, multi-policy, renewal discount, good student, and youthful driver.
  • Liberty Mutual policyholders can earn discounts including exclusive group savings, new vehicle discount, hybrid vehicle, newly married, safety features, and preferred payment discount.
  • American Family may offer discounts for TimeAway discount, air bags, accident-free, good driver, Steer into Savings, and mySafetyValet.
  • Progressive has discounts for continuous coverage, multi-policy, homeowner, online quote discount, and online signing.

If you need cheap car insurance quotes, ask each company to give you their best rates. Some discounts listed above might not be offered on policies in your area. To view providers with the best discounts, click this link.

Finding car insurance

Effectively comparing car insurance prices can take time and effort if you don’t understand the easiest way. You can spend your afternoon driving to insurance agencies in your area, or you can utilize online quotes to get prices fast.

Many popular insurance companies participate in a marketplace that allows shoppers to enter their policy data once, and every company can give them a price determined by their information. This system prevents you from having to do form submissions to each individual car insurance company. To find out what other companies charge click to open in new window.

The one downside to pricing coverage this way is you can’t choose which companies you want pricing from. So if you prefer to choose from a list of companies for rate comparison, we have a listing of the cheapest car insurance companies in your area. Click here for list of insurance companies.

Which method you use is up to you, but make sure you are using the exact same quote information for each price quote. If you compare different limits and deductibles on each one it will be impossible to find the best deal for your Cadillac Escalade.

Car insurance can be complex

When choosing the right insurance coverage for your personal vehicles, there really is no single plan that fits everyone. Everyone’s needs are different.

For example, these questions might help in determining whether your personal situation would benefit from an agent’s advice.

  • Do I need PIP coverage since I have good health insurance?
  • Can I still get insurance after a DUI?
  • Does my personal policy cover me when driving out-of-state?
  • Can I afford low physical damage deductibles?
  • Do I need replacement cost coverage on my 2013 Cadillac Escalade?
  • Do I have coverage for damage caused while driving under the influence?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • Am I insured when driving a different vehicle?

If you can’t answer these questions then you might want to talk to an agent. If you want to speak to an agent in your area, complete this form. It is quick, free and can help protect your family.

But they said I’d save $449 a year!

Consumers can’t ignore all the ads that claim the best rates by State Farm, Allstate and Geico. They all seem to have a common claim about how much you will save if you change your coverage to them.

How can each company say the same thing? Here is how they do it.

All the different companies have specific characteristics for the type of driver that will most likely be profitable. For instance, a profitable customer could possibly be between 25 and 40, carries full coverage, and drives less than 5,000 miles a year. A customer getting a price quote that matches those criteria receive the lowest rate quotes and will most likely save quite a bit of money when switching.

Consumers who do not match these standards may be forced to pay more expensive rates and ends up with the customer not purchasing. The wording the ads use say “drivers that switch” not “everyone who quotes” save that much when switching. That’s why insurance companies can confidently state the savings.

Because of this risk profiling, you should quote coverage with many companies. Because without a comparison, you cannot know which insurance company will be your best fit.

Coverage specifics

Understanding the coverages of a car insurance policy can help you determine which coverages you need and the correct deductibles and limits. The terms used in a policy can be ambiguous and even agents have difficulty translating policy wording.

Comprehensive protection – This coverage will pay to fix 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 can pay for things like hail damage, a broken windshield, vandalism, fire damage and theft. The most your car insurance company will pay is the actual cash value, so if the vehicle’s value is low it’s not worth carrying full coverage.

Medical expense coverage – Personal Injury Protection (PIP) and medical payments coverage kick in for short-term medical expenses for things like hospital visits, prosthetic devices, funeral costs and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you do not have health coverage. It covers all vehicle occupants in addition to being hit by a car walking across the street. PIP coverage is not universally available but can be used in place of medical payments coverage

Coverage for liability – This coverage provides protection from injuries or damage you cause to other’s property or people by causing an accident. Split limit liability has three limits of coverage: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. Your policy might show policy limits of 50/100/50 that translate to a limit of $50,000 per injured person, a limit of $100,000 in injury protection per accident, and a limit of $50,000 paid for damaged property. Some companies may use one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage protects against claims like funeral expenses, bail bonds, attorney fees, medical services and medical expenses. How much coverage you buy is a decision to put some thought into, but buy as much as you can afford.

Uninsured or underinsured coverage – This provides protection when the “other guys” either are underinsured or have no liability coverage at all. It can pay for injuries sustained by your vehicle’s occupants and damage to your Cadillac Escalade.

Since many drivers only purchase the least amount of liability that is required, their liability coverage can quickly be exhausted. This is the reason having UM/UIM coverage is important protection for you and your family. Normally your uninsured/underinsured motorist coverages do not exceed the liability coverage limits.

Collision – Collision insurance will pay to fix damage to your Escalade resulting from colliding with an object or car. A deductible applies and then insurance will cover the remainder.

Collision can pay for claims like scraping a guard rail, sustaining damage from a pot hole and crashing into a building. Collision is rather expensive coverage, so consider removing coverage from older vehicles. Another option is to raise the deductible to get cheaper collision coverage.

In the end, you save

We just covered a lot of techniques to save on 2013 Cadillac Escalade insurance. The key concept to understand is the more rate quotes you have, the higher the chance of saving money. Consumers could even find that the lowest car insurance rates are with a small mutual company.

Cheaper 2013 Cadillac Escalade insurance is available both online and with local insurance agents, and you need to price shop both to have the best rate selection. There are still a few companies who may not provide online quoting and usually these regional carriers sell through local independent agents.

People leave their current company for a variety of reasons including policy non-renewal, high prices, not issuing a premium refund or denial of a claim. Regardless of your reason, choosing a new company is easier than you think.

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