Cheaper 2015 Cadillac ATS Coupe Car Insurance Cost

Want lower car insurance rates for your Cadillac ATS Coupe? Pretty sure you bought an expensive car insurance policy? It’s quite common and there are many consumers feeling the pinch from expensive car insurance. Popular companies such as State Farm, Farmers Insurance, Geico and Allstate continually bombard you with catchy ads and it can be hard to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

It’s a good idea to quote other rates yearly due to the fact that insurance prices are constantly changing. Just because you found the best rates for ATS Coupe coverage on your last policy you can probably find a lower rate today. There is a lot of bad advice regarding car insurance online but you can learn some great ideas on how to lower your car insurance rates.

Where can I get cheap auto insurance?

Finding a better price on auto insurance is surprisingly easy. The only thing you need to do is invest a little time comparing free auto insurance quotes to see which company has low cost auto insurance quotes. This is very easy and can be done in just a few minutes using one of these methods.

The most efficient way consumers can make multiple comparisons is a comparison rater form like this one (opens in new window). This form saves time by eliminating boring form submissions for every prospective company. Taking the time to complete one form will return price quotes from all major companies.

A slightly less efficient method to find more affordable insurance requires visiting each individual company website and get a separate price quote. For example, we’ll assume you want comparison quotes from Geico, Esurance and State Farm. You would need to go to every website and repeatedly type in your coverage information, which is why the first method is more popular. To view a list of companies in your area, click here.

If you have time to kill, the last method to get comparison rates is driving to insurance agencies in your area. The ability to get quotes online reduces the need to sit down with an agent unless you prefer the professional assistance that can only be provided by a licensed insurance agent. However, consumers can price shop your coverage online and have a local agent actually service the policy.

However you get your quotes, be certain you are entering equivalent coverages and limits for each comparison quote. If each company quotes different liability limits then you won’t be able to determine which company has the best rates.

Advertising myths

Consumers constantly see and hear ads that promise big savings from the likes of 21st Century, Allstate and State Farm. They all seem to seem to make the promise that drivers can save some big amount if you get a free auto insurance quote and switch your auto insurance policy to them.

How is it possible that every company can make the same claim? Here is the trick they use.

All the different companies have underwriting criteria for a prospective insured that will most likely be profitable. For instance, this type of risk profile might be between the ages of 30 and 50, has few claims, and insures a new vehicle. Anyone that meets those criteria will get very good rates and will probably save some money.

Potential insureds who fall short of these stringent criteria will have to pay higher premium rates which translates to the customer not purchasing. If you listen to the ad wording, they say “people who switch” not “everybody who quotes” can get the lowest rates when switching. That is how insurance companies can confidently make claims like that.

This really drives home the point why you should do a price quote comparison at every renewal. Because you never know which company will give you lower car insurance rates than your current company.

Discounts for cheap car insurance rates

The price of auto insurance can be rather high, but there may be some discounts that you may not even be aware of. Certain credits will be shown when you get a quote, but some discounts are required to be manually applied in order for you to get them. If they aren’t giving you every credit available, you are just wasting money.

  • Discounts for Multiple Vehicles – Buying coverage for more than one vehicle on the same car insurance policy qualifies for this discount.
  • Good Driver Discount – Insureds who avoid accidents can save as much as half off their rates for ATS Coupe coverage than drivers with accident claims.
  • Anti-lock Brake Discount – Vehicles with ABS braking systems or traction control have fewer accidents and will save you 10% or more.
  • One Accident Forgiven – This one is not really a discount per se, but companies like State Farm and Allstate will allow you to have one accident before hitting you with a surcharge if you are claim-free before the accident.
  • Online Discount – Certain larger companies give back up to $50 shop auto insurance on their website.
  • Seat Belt Usage – Requiring all passengers to fasten their seat belts may be able to save a few bucks on the premium charged for medical payments and/or PIP.
  • Discount for Passive Restraints – Options like air bags may qualify for discounts of 25 to 30%.
  • Pay Now and Pay Less – If you pay your bill all at once instead of monthly or quarterly installments you may have a lower total premium amount.
  • Multi-policy Discount – If you combine your auto and homeowners policies with one company they may give you a discount of up to 20% and get you the cheapest auto insurance.

You can save money using discounts, but many deductions do not apply to the overall cost of the policy. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Just because you may think having all the discounts means you get insurance for free, it just doesn’t work that way.

Larger car insurance companies and some of the premium reductions they offer include:

  • Mercury Insurance includes discounts for ease of repair, multi-policy, location of vehicle, good driver, accident-free, anti-theft, and professional/association.
  • Farmers Insurance has savings for teen driver, pay in full, homeowner, switch companies, electronic funds transfer, early shopping, and multi-car.
  • Farm Bureau has discounts for driver training, youthful driver, multi-vehicle, good student, 55 and retired, safe driver, and multi-policy.
  • State Farm offers discounts including accident-free, driver’s education, student away at school, anti-theft, and good student.
  • Allstate may offer discounts for anti-theft, farm vehicle, eSmart discount, senior citizen, and EZ pay plan discount.
  • Geico may have discounts that include anti-theft, multi-vehicle, air bags, defensive driver, multi-policy, and federal employee.

Check with all companies you are considering how you can save money. Discounts might not be offered on policies in your area. To find insurers offering car insurance discounts, click here to view.

Tailor your auto insurance coverage to you

When buying the right insurance coverage for your vehicles, there isn’t really a one size fits all plan. Every insured’s situation is different so your insurance should reflect that These are some specific questions could help you determine whether you will benefit from professional help.

  • Do I have coverage when pulling a U-Haul trailer?
  • Will I lose any money if I cancel my policy before it expires?
  • Does car insurance cover theft of personal property?
  • Do I need medical payments coverage since I have good health insurance?
  • Am I covered when using my vehicle for business?
  • Is my teen driver covered when they drive my company car?
  • Is rental equipment covered for theft or damage?

If you’re not sure about those questions but you know they apply to you, you might consider talking to a licensed insurance agent. If you want to speak to an agent in your area, complete this form or you can go here for a list of companies in your area. It is quick, free and may give you better protection.

Insurance policy coverages for a Cadillac ATS Coupe

Learning about specific coverages of your insurance policy helps when choosing the right coverages at the best deductibles and correct limits. The coverage terms in a policy can be difficult to understand and coverage can change by endorsement. These are typical coverage types found on most insurance policies.

Collision coverage protection

Collision coverage pays for damage to your ATS Coupe from colliding with another car or object. You first must pay a deductible then your collision coverage will kick in.

Collision insurance covers things such as rolling your car, sideswiping another vehicle, crashing into a building and hitting a parking meter. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. Drivers also have the option to choose a higher deductible to get cheaper collision coverage.

Uninsured or underinsured coverage

Your UM/UIM coverage protects you and your vehicle when the “other guys” either have no liability insurance or not enough. Covered losses include hospital bills for your injuries as well as your vehicle’s damage.

Since many drivers have only the minimum liability required by law, it only takes a small accident to exceed their coverage. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Most of the time your uninsured/underinsured motorist coverages are similar to your liability insurance amounts.

Liability

Liability coverage will cover damage that occurs to a person or their property that is your fault. This insurance protects YOU against other people’s claims. It does not cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. You might see values of 50/100/50 which means a limit of $50,000 per injured person, $100,000 for the entire accident, and property damage coverage for $50,000. Alternatively, you may have one number which is a combined single limit which combines the three limits into one amount without having the split limit caps.

Liability insurance covers claims such as funeral expenses, repair bills for other people’s vehicles, medical expenses and pain and suffering. 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.

Comprehensive protection

Comprehensive insurance will pay to fix damage OTHER than collision with another vehicle or object. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive can pay for things like hail damage, damage from getting keyed, hitting a bird and a broken windshield. The maximum amount you’ll receive from a claim is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical expense coverage

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses for things like prosthetic devices, X-ray expenses, ambulance fees and surgery. They can be used to fill the gap from your health insurance policy or if you do not have health coverage. Coverage applies to you and your occupants and will also cover getting struck while a pedestrian. PIP is not available in all states but can be used in place of medical payments coverage

More quotes mean more savings

We covered many ways to compare 2015 Cadillac ATS Coupe insurance auto insurance rates online. The key thing to remember is the more providers you compare, the more likely it is that you will get a better rate. Drivers may discover the best auto insurance rates are with a lesser-known regional company. Regional companies often have lower premium rates on specific markets than the large multi-state companies such as Progressive and Geico.

Discount 2015 Cadillac ATS Coupe insurance is possible on the web in addition to many insurance agents, so get free auto insurance quotes from both of them to have the best selection. Some insurance providers don’t offer rate quotes online and these smaller companies only sell through independent agents.

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