View 2014 Cadillac CTS Wagon Car Insurance Rates

Looking for lower insurance rates for your Cadillac CTS Wagon? Are you a victim of overpriced insurance? Believe me when I say there are lots of residents who feel the same. Online insurance companies like State Farm and Geico increase brand awareness with advertising and it is difficult to see through the cute green geckos and mayhem and find the best price available.

Consumers should take time to get comparison quotes quite often since insurance prices change frequently. Just because you had the best rates on CTS Wagon coverage six months ago the chances are good that you can find a lower premium rate today. There is lot of inaccurate information about insurance on the internet, but you can learn the best ways to find cheap insurance.

Discounts for affordable insurance rates

Insurance is not inexpensive, but there could be available discounts that many consumers don’t even know exist. Certain reductions will be credited at the time of purchase, but once in a while a discount must be inquired about before you will receive the discount.

  • Lower Rates for Military – Being on active duty in the military could be rewarded with lower rates.
  • Senior Citizen Rates – Drivers over the age of 55 could receive a small discount on rates on CTS Wagon coverage.
  • Good Students Pay Less – A discount for being a good student can save 20 to 25%. Earning this discount can benefit you until age 25.
  • Bundle and Save – When you have multiple policies and place coverage with the same company they may give you a discount of at least 10% off all policies.
  • Pay Now and Pay Less – By paying your policy upfront instead of making monthly payments you could save 5% or more.
  • Claim-Free Discount – Insureds with no claims or accidents pay much less compared to bad drivers.
  • Discounts for Federal Employees – Having worked for a branch of the government could qualify for a slight premium decrease on CTS Wagon coverage with select insurance companies.

Please keep in mind that many deductions do not apply to the entire policy premium. Most only cut individual premiums such as liability and collision coverage. Just because it seems like you can get free auto insurance, nobody gets a free ride. Any qualifying discounts will bring down the premium cost.

To see insurers that offer the discounts shown above, click here.

How do insurance providers determine Cadillac CTS Wagon insurance premiums?

Many factors are considered when premium rates are determined. Some are obvious such as your driving history, although some other factors are not as apparent like your vehicle usage or your financial responsibility.

The following are some of the factors used by insurance companies to determine rates.

  • Good drivers pay better premiums – How you drive has a big impact on rates. Only having one ticket may cause rates to rise to the point where it’s not affordable. Careful drivers have lower premiums as compared to careless drivers. Drivers who have received careless tickets like reckless driving, hit and run or driving under the influence may face state-mandated requirements to prove financial responsibility to the state department of motor vehicles in order to legally drive a vehicle.
  • Drivers with high credit save on car insurance – Having a bad credit history is likely to be a major factor in your rate calculation. If your credit leaves room for improvement, you could potentially save money when insuring your 2014 Cadillac CTS Wagon by spending a little time repairing your credit. People with excellent credit tend to be less risk to insure as compared to drivers with bad credit.
  • Eliminate incidental coverages – There are a ton of additional extra coverages that sound like a good idea at the time if you aren’t diligent. Coverages for replacement cost coverage, towing, and term life insurance are probably not needed. You may think they are a good idea when you first buy your policy, but now you might not need them so remove them from your policy.
  • Don’t abuse insurance claims – Auto insurance companies provide the lowest premiums to insureds who do not rely on their insurance for small claims. If you frequently file small claims, you can pretty much guarantee either a policy non-renewal or much higher rates. Your insurance policy is meant to be used in the event of claims that pose a financial burden.

Tailor your insurance coverage to you

When it comes to choosing proper insurance coverage, there isn’t really a “perfect” insurance plan. Coverage needs to be tailored to your specific needs so your insurance should reflect that Here are some questions about coverages that may help highlight whether or not you may require specific advice.

  • Why am I required to buy liability insurance?
  • If I drive on a suspended license am I covered?
  • Does coverage extend to Mexico or Canada?
  • What is the ISO rating for a 2014 Cadillac CTS Wagon?
  • Do I really need UM/UIM coverage?
  • Does my 2014 Cadillac CTS Wagon need full coverage?
  • Do I have any recourse if my insurance company denies a claim?
  • What if I total my 2014 Cadillac CTS Wagon and owe more than it’s worth?
  • Why do I only qualify for high-risk insurance?
  • Should I sign the liability waiver when renting a car?

If you don’t know the answers to these questions but a few of them apply, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area. It’s fast, doesn’t cost anything and can help protect your family.

Car insurance advertising gotchas

Consumers get pounded daily by advertisements that claim the cheapest rates from companies such as Geico, State Farm and Progressive. All the ads seem to make the promise that people will save if you switch to their company.

How is it possible that every company can give you a lower rate? You have to listen carefully.

Many companies quote their best rates for the type of insured that is profitable for them. An example of a preferred risk could possibly be a married female, owns a home, and drives a safe vehicle. Any new insured who fits that profile may get the lowest auto insurance rates and most likely will save money with a new company.

Insureds who fall short of those criteria must pay higher rates and ends up with the customer buying from someone else. The ad wording is “people who switch” but not “everyone who gets a quote” save money. That’s why companies can advertise the savings.

Each company has different criteria, so you really should get auto insurance quotes from several different companies. It’s just too difficult to predict with any certainty which company will provide the lowest auto insurance rates.

Car insurance 101

Understanding the coverages of car insurance can be of help when determining the best coverages and the correct deductibles and limits. Policy terminology can be impossible to understand and reading a policy is terribly boring. Shown next are typical coverages available from car insurance companies.

Liability coverage

This coverage can cover damage that occurs to other’s property or people in an accident. It protects YOU from legal claims by others, and doesn’t cover damage sustained by your vehicle in an accident.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have a limit of $50,000 per injured person, $100,000 for the entire accident, and a limit of $50,000 paid for damaged property. Some companies may use one limit called combined single limit (CSL) which combines the three limits into one amount rather than limiting it on a per person basis.

Liability insurance covers claims such as pain and suffering, medical expenses, funeral expenses and legal defense fees. How much liability should you purchase? That is your choice, but you should buy as large an amount as possible.

Uninsured and underinsured coverage

Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they do not carry enough liability coverage. It can pay for hospital bills for your injuries and also any damage incurred to your 2014 Cadillac CTS Wagon.

Due to the fact that many drivers only carry the minimum required liability limits, their limits can quickly be used up. This is the reason having UM/UIM coverage is very important. Frequently the UM/UIM limits are set the same as your liablity limits.

Auto collision coverage

This will pay to fix damage to your CTS Wagon from colliding with an object or car. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage pays for claims like sustaining damage from a pot hole, backing into a parked car, colliding with a tree and crashing into a building. Collision coverage makes up a good portion of your premium, so consider dropping it from vehicles that are older. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Comprehensive coverages

This will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive can pay for things such as falling objects, a broken windshield, rock chips in glass, damage from a tornado or hurricane and a tree branch falling on your vehicle. The maximum payout your car insurance company will pay is the market value of your vehicle, so if the vehicle is not worth much it’s probably time to drop comprehensive insurance.

Coverage for medical payments

Med pay and PIP coverage reimburse you for immediate expenses such as pain medications, dental work, surgery and chiropractic care. They are used in conjunction with a health insurance program or if you are not covered by health insurance. Medical payments and PIP cover you and your occupants in addition to being hit by a car walking across the street. PIP is not available in all states and may carry a deductible

Final considerations

When getting auto insurance quotes online, it’s a bad idea to buy less coverage just to save a little money. There are too many instances where someone sacrificed liability coverage limits and found out when filing a claim that the few dollars in savings costed them thousands. Your strategy should be to buy the best coverage you can find at an affordable rate, but do not skimp to save money.

In this article, we covered some good ideas how to lower your 2014 Cadillac CTS Wagon insurance prices. The key thing to remember is the more companies you get rates for, the better your comparison will be. You may even discover the most savings is with some of the smallest insurance companies. They often have lower rates on specific markets compared to the large companies like State Farm and Allstate.

Lower-priced 2014 Cadillac CTS Wagon insurance is available on the web and with local insurance agents, so you need to quote auto insurance with both to have the best chance of lowering rates. Some insurance companies do not offer the ability to get quotes online and usually these small, regional companies work with independent insurance agencies.

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