2013 Cadillac SRX Car Insurance Quotes

Do you get exhausted from paying out the nose to pay your auto insurance bill each month? You’re in the same situation as millions of other people. People have many car insurance companies to pick from, and though it is a good thing to have a choice, it can be more challenging to compare rates.

You should take the time to do rate comparisons as often as possible because auto insurance prices are adjusted regularly by insurance companies. Even if you think you had the best price on SRX coverage a few years ago there may be better deals available now. Forget all the misinformation about auto insurance because you’re going to learn one of the best ways to lower your annual insurance bill.

Where can I get low cost auto insurance?

There are a variety of methods you can shop for auto insurance but one way is less time-consuming than others. You can spend your afternoon talking to insurance companies in your area, or you can utilize online quoting to get rates in a matter of minutes.

Many of the larger companies enroll in a system where prospective buyers enter their policy data once, and each company then gives them pricing based on the submitted data. This system prevents you from having to do quote requests to every company.

To compare rates now click here (opens in new window).

The only drawback to using this type of system is you cannot specify the insurers you want to price. So if you prefer to choose from a list of companies to receive pricing from, we have a listing of companies who write auto insurance in your area. View list of insurance companies.

However you get your quotes, double check that you are using the same coverage limits for every company. If you have unequal deductibles or liability limits it’s not possible to get a fair rate comparison.

You may qualify for discounts

Auto insurance is not inexpensive, but you can get discounts that many consumers don’t even know exist. A few discounts will automatically apply when you complete an application, but some must be asked for before you get the savings.

  • Low Mileage Discounts – Keeping the miles down on your Cadillac can earn substantially lower prices.
  • Pay Early and Save – If paying your policy premium upfront rather than paying monthly you may have a lower total premium amount.
  • Save with a New Car – Adding a new car to your policy can save you some money since newer vehicles are generally safer.
  • Discount for Good Grades – Getting good grades may save as much as 25% on a car insurance quote. The discount lasts until age 25.
  • Paperwork-free – Many auto insurance companies give back up to $50 for signing up online.
  • Employee of Federal Government – Federal government employees may qualify for a discount when you quote car insurance on SRX coverage with a few auto insurance companies.
  • Save over 55 – Drivers that qualify as senior citizens may qualify for better auto insurance rates on SRX coverage.
  • Seat Belts Save more than Lives – Using a seat belt and requiring all passengers to fasten their seat belts can save 10% or more off PIP or medical payments premium.

While discounts sound great, it’s important to understand that most of the big mark downs will not be given the the whole policy. Most cut the price of certain insurance coverages like medical payments or collision. So even though it sounds like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

Some of the insurance companies that may include most of these discounts include:

If you need lower rates, check with all companies you are considering the best way to save money. Some discounts may not apply in your state. To find companies with discount auto insurance rates, click here to view.

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

When it comes to buying the right insurance coverage, there is no single plan that fits everyone. Every insured’s situation is different so your insurance should reflect that Here are some questions about coverages that might help in determining if your insurance needs might need an agent’s assistance.

  • Does liability extend to a camper or trailer?
  • Is my teen driver covered when they drive my company car?
  • Can my babysitter drive my car?
  • Am I covered if I hit my neighbor’s mailbox?
  • Do I need medical payments coverage since I have good health insurance?
  • Do I have coverage if my license is suspended?
  • Do I need roadside assistance coverage?
  • What is the minimum liability in my state?

If you can’t answer these questions but a few of them apply, then you may want to think about talking to an agent. If you want to speak to an agent in your area, take a second and complete this form or click here for a list of insurance coverage companies in your area. It’s fast, doesn’t cost anything and can provide invaluable advice.

Six things that affect your insurance costs

Lots of things are used in the calculation when you get a price on insurance. A few of the factors are predictable like an MVR report, although some other factors are more transparent such as your marital status or how safe your car is.Consumers need to have an understanding of the different types of things that are used to determine insurance rates. If you know what determines base rates, this helps enable you to make changes that will entitle you to lower premium levels.

  • Liability coverage risk factors in – A critical coverage on your policy, liability insurance will afford coverage when you are determined to be liable for damages caused by your negligence. Your liability coverage provides for a legal defense which can be incredibly expensive. This coverage is very inexpensive compared to other policy coverages, so do not cut corners here.
  • Having a spouse can save you money – Getting married may cut your premiums on your insurance bill. Having a spouse generally demonstrates drivers are less irresponsible and it’s proven that married drivers get in fewer accidents.
  • Big city or small town – Having an address in small towns and rural areas can save you money when shopping for auto insurance. Less people translates into fewer accidents and also fewer theft and vandalism claims. People who live in big cities regularly have congested traffic and longer commute times. More time commuting can result in more accidents.
  • Extra policy coverages could be costing you – There are quite a few additional coverages that can add up on your SRX policy. Add-on coverages like rental car coverage, accident forgiveness, and term life insurance are probably not needed. You may think they are a good idea when deciding what coverages you need, but if you’ve never needed them in the past remove them from your policy.
  • Physical damage deductibles – Coverage for physical damage, also called comprehensive and collision insurance, covers your vehicle from damage. Examples of some claims that would be covered could be a broken windshield, damage from fire, and rolling your vehicle. Your deductibles define how much you are willing to pay if the claim is covered. The larger the amount you are required to pay out-of-pocket, the less your insurance will be on SRX coverage.
  • Younger drivers pay more – Teenage drivers tend to be inattentive when driving so they pay higher insurance rates. Having to add a young driver onto a policy can be quite pricey. Older drivers are proven to be safer behind the wheel, cost insurance companies less in claims .

Why you might not save $408 a year

Consumers can’t avoid all the ads that claim the best premium rates by companies like Geico, State Farm and Progressive. They all state the claim that you can save if you just switch your policy.

How can each company cost less than your current company? It’s all in the words they use.

All companies have specific characteristics for the type of driver that is profitable for them. A good example of a profitable insured may need to be over the age of 35, has a clear driving record, and has excellent credit. A customer getting a price quote who fits that profile will qualify for the lowest premium rates and will most likely save a lot if they switch.

Consumers who don’t qualify for those criteria will probably be forced to pay a higher premium and ends up with business going elsewhere. The trick companies use is to say “people who switch” not “everybody who quotes” save the amount stated. That’s the way insurance companies can make claims that they all have the best car insurance rates. Because of this risk profiling, you need to get car insurance quotes from several different companies. It is just not possible to predict the company that will have the best rates at this point in time.

Information about specific coverages

Having a good grasp of auto insurance can be of help when determining appropriate coverage and proper limits and deductibles. The terms used in a policy can be confusing and even agents have difficulty translating policy wording. Shown next are typical coverage types offered by auto insurance companies.

Medical expense insurance

Medical payments and Personal Injury Protection insurance pay for expenses such as dental work, EMT expenses, X-ray expenses, ambulance fees and prosthetic devices. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants and will also cover being hit by a car walking across the street. Personal injury protection coverage is only offered in select states but can be used in place of medical payments coverage

Liability

This will cover injuries or damage you cause to other’s property or people that is your fault. This insurance protects YOU against other people’s claims, and doesn’t cover your own vehicle damage or injuries.

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. You commonly see limits of 25/50/25 that means you have a limit of $25,000 per injured person, $50,000 for the entire accident, and a limit of $25,000 paid for damaged property.

Liability can pay for things such as structural damage, court costs, repair bills for other people’s vehicles and bail bonds. The amount of liability coverage you purchase is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford.

Collision coverage protection

This coverage will pay to fix damage to your SRX resulting from a collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision coverage protects against things like sideswiping another vehicle, scraping a guard rail, damaging your car on a curb, driving through your garage door and colliding with another moving vehicle. Collision is rather expensive coverage, so consider removing coverage from vehicles that are 8 years or older. Drivers also have the option to choose a higher deductible in order to get cheaper collision rates.

Protection from uninsured/underinsured drivers

This coverage provides protection when other motorists either have no liability insurance or not enough. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Since many drivers only purchase the least amount of liability that is required, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage should not be overlooked.

Comprehensive (Other than Collision)

This coverage will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive can pay for things like theft, fire damage, rock chips in glass, damage from flooding and hail damage. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

The bottom line

When shopping online for insurance, make sure you don’t buy less coverage just to save a little money. In too many instances, an insured cut full coverage and learned later that the few dollars in savings costed them thousands. Your focus should be to get the best coverage possible for the lowest price, not the least amount of coverage.

We just presented some good ideas how you can compare 2013 Cadillac SRX insurance rates online. The key concept to understand is the more you quote car insurance, the more likely it is that you will get a better rate. Drivers may discover the lowest rates come from a company that doesn’t do a lot of advertising. Smaller companies may only write in your state and offer lower car insurance rates as compared to the big name companies such as Progressive or Geico.

Additional information can be read on the following sites: