View 2015 Cadillac CTS Insurance Rates

Looking for lower auto insurance rates for your Cadillac CTS? Perplexed by the crazy number of auto insurance choices available to you? Vehicle owners have so many choices that it can quickly become a chore to lower your auto insurance rates.

It’s a good idea to compare rates before your policy renews because prices are usually higher with each renewal. Despite the fact that you may have had the best rate for CTS insurance a year ago a different company probably has better premium rates today. Ignore everything you know about auto insurance because I’m going to teach you one of the best ways to properly buy coverages and cut your premium.

Finding the cheapest car insurance is quite easy. In a nutshell, every vehicle owner who buys car insurance stands a good chance to be able to cut their insurance bill. Although car owners can benefit by having an understanding of how insurance companies market on the web and apply this information to your search.

How to compare insurance coverage quotes

The are a couple different ways to compare quotes from companies that offer insurance coverage in your state. The easiest way to comparison shop is to get quotes online. This is quite simple and can be completed in several different ways.

The most efficient way to find low rates is to use a rate comparison form (click to open form in new window). This quick form keeps you from doing multiple quote forms for each price estimate. Taking the time to complete one form gets you coverage quotes instantly. It’s the fastest way to compare.

A less efficient way to get comparison quotes is to take the time to go to the website for each individual company and repeat the quote process. For examples sake, we’ll assume you want comparison quotes from Progressive, Geico and GMAC. You would need to spend time on each company’s site and type in your information over and over, which is why most consumers use the first method. For a list of links to insurance companies in your area, click here.

Whichever method you choose, be certain you are entering equivalent coverages and limits with every price quote. If your comparisons have different liability limits it will be impossible to determine which rate is truly the best. Slightly different coverage limits may cause a big price difference. Just keep in mind that making a lot of price comparisons helps increase your odds of locating lower pricing. Not every company provides price estimates online, so you need to compare prices from the smaller companies as well.

Drivers save money with these discounts

Some insurance providers do not list all possible discounts in a way that’s easy to find, so the next list breaks down some of the more common and the harder-to-find savings tricks you should be using when you buy insurance coverage online.

  • Accident Forgiveness – This isn’t a discount exactly, but a few companies such as Allstate and Progressive will forgive one accident before they charge you more for coverage if you are claim-free for a certain period of time.
  • Savings for New Vehicles – Buying a new car instead of a used car may earn a small discount compared to insuring an older model.
  • Payment Discounts – By paying your entire bill at once instead of making monthly payments you can avoid monthly service charges.
  • Own a Home and Save – Just owning your own home can help you save on insurance since home ownership demonstrates responsibility.
  • Anti-theft Discount – Cars, trucks, and SUVs equipped with anti-theft or alarm systems are stolen less frequently and can earn a small discount on your policy.
  • Discount for Life Insurance – Insurance carriers who offer life insurance give lower insurancerates if you buy a life insurance policy as well.
  • Use Seat Belts – Drivers who require all occupants to fasten their seat belts could save 15% off PIP or medical payments premium.
  • Bundled Policy Discount – If you can combine your auto and homeowners policy and place coverage with the same company you will save over 10 percent off each policy depending on the company.
  • Club Memberships – Having an affiliation with a professional or civic organization is a good way to get lower rates on your next insurance statement.

It’s important to note that many deductions do not apply to your bottom line cost. The majority will only reduce the cost of specific coverages such as liability, collision or medical payments. Even though it appears it’s possible to get free car insurance, you won’t be that lucky.

A few companies that may include these money-saving discounts include:

Before purchasing a policy, check with each company or agent which discounts you qualify for. Depending on the company, some discounts might not be offered on policies in your state. To choose insurance companies who offer free insurance quotes, click this link.

How do insurance providers determine Cadillac CTS insurance rates?

Multiple criteria are taken into consideration when quoting car insurance. A few of the factors are predictable such as your driving history, but other factors are more transparent like your vehicle usage or how financially stable you are.Consumers need to have an understanding of the rating factors that come into play when calculating your policy premiums. When you know what positively or negatively determines base rates, this allows you to make good choices that may result in big savings.

  • Gender matters – Over the last 50 years, statistics have shown that women are safer drivers than men. However, don’t assume that males are worse at driving than females. Women and men are in accidents at a similar rate, but the males have accidents that have higher claims. Men also tend to receive more costly citations such as driving while intoxicated (DWI) or driving recklessly. Teenage male drivers are several times more likely to be in an accident so it costs more to insure them.
  • Maintain insurance coverage coverage – Driving any period of time without insurance is against the law and companies may charge more for letting your insurance coverage expire. Not only will rates go up, getting caught without coverage could result in a fine, jail time, or a revoked license. You may then have to file a SR-22 with your state motor vehicle department to get your license reinstated.
  • Employer reflects on rates – Jobs like judgesair traffic controllers and miners generally pay higher rates than average due to high stress and extremely grueling work hours. On the other hand, occupations like farmers, students and the unemployed get better rates for CTS insurance.
  • Where you live factors in – Choosing to live in small towns and rural areas is a positive aspect when buying insurance coverage. Lower population translates into fewer accident claims as well as less vandalism and auto theft. People who live in big cities regularly have more auto accidents and more severe claims. Longer commute distances translates into higher accident risk.
  • Credit rating impacts premium prices – Having a bad credit score is a large factor in calculating your premium rate. If your credit rating leaves room for improvement, you could potentially save money when insuring your 2015 Cadillac CTS by spending a little time repairing your credit. Drivers with excellent credit scores tend to file fewer claims than drivers with poor credit scores.
  • Save money by having multiple policies – Lots of companies give better rates for people who have multiple policies with them, otherwise known as a multi-policy discount. Even with this discount applied, you still need to shop around to verify if the discount is saving money.

Special considerations

When it comes to choosing proper insurance coverage, there really is not a single plan that fits everyone. Coverage needs to be tailored to your specific needs.

For instance, these questions can aid in determining whether your personal situation will benefit from professional help.

  • Is my state a no-fault state?
  • Do I have coverage when making deliveries for my home business?
  • Am I covered if I wreck a rental car?
  • Do I get a pro-rated refund if I cancel my policy early?
  • When should I drop full coverage on my 2015 Cadillac CTS?
  • Where can I find DUI or SR-22 insurance?
  • Are my tools covered if they get stolen from my vehicle?
  • Should I sign the liability waiver when renting a car?
  • Does insurance cover damages from a DUI accident?
  • Does coverage extend to a rental car in a foreign country?

If it’s difficult to answer those questions then you might want to talk to an insurance agent. If you want to speak to an agent in your area, complete this form.

Big names are not always cheapest

Respected companies like State Farm, Geico and Progressive consistently run ads on television and other media. All the companies try to convey promises that drivers will save a bundle just by switching to them. How does every auto insurance company charge lower premium rates?

All the different companies have underwriting criteria for the type of driver that will add to their bottom line. A good example of this type of driver could possibly be between 25 and 40, has no driving citations, and has excellent credit. Any new insured that matches those criteria will probably get cheap rates and is almost guaranteed to save a lot of money.

People who may not quite match the ideal profile will be charged higher prices and ends up with the prospect going elsewhere. Company advertisements say “drivers that switch” not “everyone who quotes” save that much when switching. This is how insurance companies can confidently lure you into getting a quote.

This really emphasizes why you really need to compare free insurance coverage quotes often. It is just not possible to predict which insurance companies will have the best premium rates at this point in time.

Insurance coverage basics

Understanding the coverages of a insurance policy can help you determine the right coverages at the best deductibles and correct limits. The terms used in a policy can be difficult to understand and even agents have difficulty translating policy wording.

Liability car insurance

This coverage provides protection from damage or injury you incur to other’s property or people by causing an accident. This insurance protects YOU against claims from other people. Liability doesn’t cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You might see policy limits of 100/300/100 which means a limit of $100,000 per injured person, a per accident bodily injury limit of $300,000, and property damage coverage for $100,000. Occasionally you may see one limit called combined single limit (CSL) which limits claims to one amount and claims can be made without the split limit restrictions.

Liability insurance covers claims like emergency aid, loss of income and structural damage. How much coverage you buy is up to you, but buy as large an amount as possible.

Medical payments coverage and PIP

Personal Injury Protection (PIP) and medical payments coverage pay for short-term medical expenses for dental work, nursing services and X-ray expenses. They are often used to fill the gap from your health insurance policy or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants in addition to any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Collision insurance

Collision coverage will pay to fix damage to your CTS resulting from colliding with a stationary object or other vehicle. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like backing into a parked car, colliding with another moving vehicle, sideswiping another vehicle, colliding with a tree and damaging your car on a curb. Paying for collision coverage can be pricey, so analyze the benefit of dropping coverage from lower value vehicles. You can also increase the deductible to save money on collision insurance.

Uninsured/Underinsured Motorist coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle when other motorists do not carry enough liability coverage. Covered losses include injuries to you and your family and damage to your Cadillac CTS.

Due to the fact that many drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is very important. Frequently these limits do not exceed the liability coverage limits.

Comprehensive coverage

Comprehensive insurance coverage covers damage that is not covered by collision coverage. You first must pay your deductible and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive insurance covers claims like fire damage, falling objects, damage from flooding and hail damage. The maximum payout you’ll receive from a claim is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Smart shoppers get results

The cheapest 2015 Cadillac CTS insurance can be bought online and with local insurance agents, so get free insurance coverage quotes from both of them to get a complete price analysis. Some insurance companies may not provide the ability to get quotes online and usually these smaller providers sell through local independent agencies.

While you’re price shopping online, never reduce needed coverages to save money. In too many instances, someone dropped uninsured motorist or liability limits only to regret at claim time that their decision to reduce coverage ended up costing them more. The goal is to buy the best coverage you can find at the best cost, but do not skimp to save money.

We covered many ideas to shop for 2015 Cadillac CTS insurance online. The key thing to remember is the more quotes you get, the better your comparison will be. Consumers could even find that the most savings is with a lesser-known regional company.

Additional information