Cheaper 2014 Cadillac CTS-V Insurance Rates

Looking for cheaper auto insurance rates for your Cadillac CTS-V? Nobody enjoys paying for auto insurance, especially knowing their premiums are too high.

Due to the large number of choices, it is hard for the average consumer to find a lower cost insurer.

How to compare insurance price quotes

To find affordable auto insurance quotes, there are several ways to compare quotes from companies that offer insurance in your state. One of the best ways to find the lowest 2014 Cadillac CTS-V rates involves getting comparison quotes online. It is quite easy and can be accomplished in just a few minutes using one of these methods.

  1. The single most time-saving way to find low rates is a comparison rater form like this one (opens in new window). This style of form saves time by eliminating separate quote forms for every company. Taking the time to complete one form gets you price quotes from many national carriers.
  2. A more time consuming way to compare rate quotes requires you to visit each company’s website and request a quote. For example, we’ll assume you want to get rates from Geico, Esurance and Liberty Mutual. To get rate quotes you would need to visit each site and repeatedly enter your information, and that’s why the first method is more popular.

    To view a list of companies in your area, click here.

The approach you take is up to you, just be sure you’re using the same coverage limits on every quote. If you have different liability limits you can’t possibly determine the lowest rate for your Cadillac CTS-V. Just a small difference in coverages can make a big difference in price. Just keep in mind that making a lot of price comparisons increases your odds of finding a lower rate.

Insurance coverage is unique, just like you

When buying adequate coverage, there is no “best” method to buy coverage. Everyone’s situation is a little different so your insurance needs to address that. Here are some questions about coverages that might point out if you would benefit from professional advice.

  • Is my 2014 Cadillac CTS-V covered for flood damage?
  • Should I buy more coverage than the required minimum liability coverage?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Why am I required to buy liability insurance?
  • When would I need rental car insurance?
  • What is an SR-22 filing?

If you’re not sure about those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, fill out this quick form or go to this page to view a list of companies.

Learn about insurance coverages for a 2014 Cadillac CTS-V

Knowing the specifics of insurance can be of help when determining the right coverages at the best deductibles and correct limits. Insurance terms can be confusing and coverage can change by endorsement. These are the normal coverages found on the average insurance policy.

Comprehensive coverage

Comprehensive insurance pays for damage from a wide range of events other than collision. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for things such as hitting a bird, theft, falling objects, damage from a tornado or hurricane and damage from getting keyed. The most your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much it’s not worth carrying full coverage.

Collision coverage protection

This covers damage to your CTS-V resulting from a collision with an object or car. A deductible applies then your collision coverage will kick in.

Collision coverage pays for claims like colliding with a tree, sustaining damage from a pot hole and crashing into a building. Paying for collision coverage can be pricey, so you might think about dropping it from vehicles that are older. Another option is to raise the deductible to save money on collision insurance.

Liability insurance

Liability insurance can cover damages or injuries you inflict on people or other property. This coverage protects you against other people’s claims, and does not provide coverage for damage sustained by your vehicle in an accident.

Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see limits of 50/100/50 which means a limit of $50,000 per injured person, a total of $100,000 of bodily injury coverage per accident, and property damage coverage for $50,000.

Liability coverage protects against claims like attorney fees, court costs, legal defense fees and pain and suffering. How much liability coverage do you need? That is a decision to put some thought into, but buy as large an amount as possible.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage provides protection from other motorists when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and damage to your Cadillac CTS-V.

Since many drivers only carry the minimum required liability limits, their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea.

Medical payments coverage and PIP

Med pay and PIP coverage kick in for expenses like chiropractic care, rehabilitation expenses and surgery. The coverages can be utilized in addition to your health insurance plan or if you lack health insurance entirely. Coverage applies to both the driver and occupants in addition to being hit by a car walking across the street. PIP is not available in all states but can be used in place of medical payments coverage