Compare 2015 Cadillac SRX Car Insurance Quotes

I really doubt anyone gets a kick out of paying for car insurance, particularly when it costs too dang much.

Insurance companies such as Allstate, Progressive and Geico all promote huge savings with catchy ads and it is difficult to not get sucked in by the cute commercials and effectively compare rates to find the best deal.

If you are paying for car insurance now, you stand a good chance to be able to reduce your rates substantially using these tips. Finding affordable coverage is easy if you know what you’re doing. Nevertheless, car owners must learn how the larger insurance companies market on the web.

How to buy insurance online

Most larger insurance companies like State Farm, Allstate and Geico allow consumers to get price estimates on their websites. Getting online quotes is possible for anyone as all you need to do is type in your coverage preferences on the page. After the form is submitted, their rating system orders your driving and credit reports and returns pricing information based on many factors. Online quotes makes it simple to compare prices but the time required to go to a lot of sites and type in the same information can be a bit tiresome and repetitive. But it’s very important to compare as many rates as possible in order to find the best price possible.

A more efficient way to find cheaper rates uses just one form to obtain quotes from many companies. The form is fast, requires much less work on your part, and makes online price comparison much more enjoyable. Immediately after submitting the form, your coverage is rated and you are able to buy any of the quote results.

If a lower price is quoted, it’s easy to complete the application and purchase the new policy. The entire process can be completed in less than 10 minutes and may result in a nice savings.

To quickly compare rates using this form now, click here to open in new window and fill out the form. To compare your current rates, we recommend you type in the coverages as close as possible to your current policy. Doing this assures you’re receiving rate comparison quotes for exact coverage.

Can you really save that much by switching?

Respected companies like State Farm, Allstate and Geico consistently run ads in print and on television. They all say the same thing about saving some big amount if you just switch your insurance policy to them. It sounds good, but how can they all give you a better price? It’s all in the words they use.

Insurance companies have strict underwriting profiles for the type of driver they prefer to insure. One example of a preferred risk might be a married male, has never had a policy lapse, and has a short commute. Anyone that hits that “sweet spot” will get a cheap rate quote and as a result will probably cut their rates substantially.

Potential insureds who don’t meet these stringent criteria may be forced to pay a higher rate which usually ends up with the customer buying from someone else. If you listen to the ad wording, they say “people that switch” but not “everyone who gets a quote” save the amount stated. That’s the way companies can truthfully claim big savings.

Because of this risk profiling, it’s extremely important to do a price quote comparison at every renewal. It is just not possible to predict which insurance company will provide you with the cheapest rates.

Insurance prices are influenced by these factors

Lots of factors are taken into consideration when you get a price on insurance. A few of the factors are predictable like your driving record, but some are less obvious like your vehicle usage or your vehicle rating.When buying auto insurance it’s important to understand some of the elements that go into determining your auto insurance rates. When you know what positively or negatively positively or negatively impacts your premiums, this enables you to make decisions that could result in big savings.

Listed below are some of the items utilized by car insurance companies to help set your rate level.

  • Bundling policies can get discounts – Most major insurance companies will give better rates to buyers that have more than one policy such as combining an auto and homeowners policy. Even though this discount sounds good, consumers should still get quotes from other companies to help ensure you have the lowest rates.
  • Commute or pleasure use – The more miles you rack up on your Cadillac every year the more you’ll pay to insure your vehicle. The majority of insurers price each vehicle’s coverage based on how the vehicle is used. Autos not used for work or commuting cost less to insure compared to those used for work or business. A policy that improperly rates your SRX may be costing you higher rates. Ask your agent if your auto insurance coverage properly reflects the right rating data.
  • Deter vehicle theft – Owning a car with a theft deterrent system can help bring down rates. Theft deterrent systems such as vehicle immobilizer systems, OnStar, and tracking devices like LoJack all help stop car theft and help bring rates down.
  • Your liability insurance limits – A critical coverage on your policy, liability insurance kicks in in the event that a court rules you are at fault for personal injury or accident damage. This coverage provides you with a defense in court up to the limits shown on your policy. This coverage is very inexpensive compared to insuring for physical damage coverage, so do not skimp.
  • The higher your credit rating the lower your rates – Having a bad credit score factor in your rate calculation. People with high credit ratings tend to be less risk to insure than those with lower ratings. If your credit can use some improvement, you could pay less to insure your 2015 Cadillac SRX if you clean up your credit.
  • Extra policy coverages that aren’t used – Insurance policies have a lot of extra coverages that may not really be needed on your auto insurance policy. Coverages for rental car reimbursement, towing coverage, and Farm Bureau memberships could be just wasting money. You may think they are a good idea when discussing your needs, but if you’ve never needed them in the past eliminate them to save money.
  • Your employer and auto insurance rates – Occupational choices like doctorsairline pilots and accountants generally have higher premium rates attributed to intense work situations and long work hours. On the other hand, professions such as actors, students and homemakers have the lowest average rates for SRX coverage.
  • Rates increase with driving citations – Getting just one citation may cause rates to rise by as much as twenty percent. Drivers who don’t get tickets pay less for auto insurance than people who have multiple driving citations. Drivers with flagrant violations such as hit and run, DWI or reckless driving convictions are required to submit a SR-22 form with their state’s licensing department in order to keep their license.

Discounts can really help lower rates

Insuring your fleet can be pricey, but you might find some hidden discounts that many consumers don’t even know exist. Some discounts will apply at the time of purchase, but lesser-known reductions have to be manually applied in order for you to get them.

  • Passive Restraints – Factory options such as air bags or motorized seat belts can receive discounts of 25 to 30%.
  • Defensive Driver Discount – Taking a course that instructs on driving safety could cut 5% off your bill depending on where you live.
  • Homeowners Discount – Being a homeowner can save you money because it demonstrates responsibility.
  • Good Grades Discount – Getting good grades could provide a savings of up to 20% or more. The discount lasts until age 25.
  • Membership in Organizations – Having an affiliation with certain professional organizations may earn a discount on your policy.
  • Bundle and Save – If you combine your auto and home policies with one company you will save at least 10% off all policies.

You can save money using discounts, but some credits don’t apply to your bottom line cost. Some only reduce individual premiums such as liability, collision or medical payments. So when it seems like you could get a free insurance coverage policy, you won’t be that lucky.

A partial list of companies that may offer policyholders some of the discounts shown above possibly include:

Before buying, ask every company how many discounts you can get. All car insurance discounts may not apply to policyholders everywhere.

Will just any policy work for me?

When buying coverage, there really is not a single plan that fits everyone. Every situation is different so your insurance should reflect that For instance, these questions could help you determine if you would benefit from an agent’s advice.

  • When does my teenage driver need to be added to my policy?
  • When should I drop full coverage on my 2015 Cadillac SRX?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Is rental equipment covered for theft or damage?
  • Does my car insurance cover rental cars?
  • Do I need added coverage for expensive stereo equipment?
  • What companies insure drivers after a DUI or DWI?
  • Can I still get insurance after a DUI?
  • What is covered by UM/UIM coverage?
  • Am I better off with higher deductibles on my 2015 Cadillac SRX?

If you’re not sure about those questions, then you may want to think about talking to an insurance agent. If you don’t have a local agent, fill out this quick form or go to this page to view a list of companies.

Auto insurance 101

Having a good grasp of insurance aids in choosing which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and reading a policy is terribly boring. Listed below are typical coverage types found on the average insurance policy.

Insurance for medical payments – Medical payments and Personal Injury Protection insurance reimburse you for immediate expenses such as nursing services, surgery, pain medications and EMT expenses. They are used to fill the gap from your health insurance plan or if you do not have health coverage. It covers both the driver and occupants and will also cover any family member struck as a pedestrian. PIP is not an option in every state but it provides additional coverages not offered by medical payments coverage

Uninsured Motorist or Underinsured Motorist insurance – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either are underinsured or have no liability coverage at all. Covered losses include injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Since a lot of 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 very important. Usually these coverages are identical to your policy’s liability coverage.

Liability coverage – Liability insurance will cover injuries or damage you cause to people or other property that is your fault. It protects you against claims from other people, and does not provide coverage for damage to your own property or vehicle.

Liability coverage has three limits: bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. As an example, you may have policy limits of 25/50/25 that means you have $25,000 in coverage for each person’s injuries, a limit of $50,000 in injury protection per accident, and $25,000 of coverage for damaged propery. Another option is one number which is a combined single limit which provides one coverage limit without having the split limit caps.

Liability insurance covers claims like pain and suffering, bail bonds, attorney fees and structural damage. How much coverage you buy is up to you, but consider buying as high a limit as you can afford.

Collision coverage – Collision insurance will pay to fix damage to your SRX resulting from colliding with another car or object. You have to pay a deductible then your collision coverage will kick in.

Collision insurance covers things like crashing into a building, backing into a parked car and colliding with a tree. This coverage can be expensive, so consider removing coverage from vehicles that are older. You can also choose a higher deductible in order to get cheaper collision rates.

Comprehensive coverage (or Other than Collision) – This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. A deductible will apply then your comprehensive coverage will pay.

Comprehensive can pay for claims like rock chips in glass, hitting a deer and vandalism. The maximum amount you can receive from a comprehensive claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

A penny earned…

In this article, we covered many tips how you can lower your 2015 Cadillac SRX insurance rates. It’s most important to understand that the more rate comparisons you have, the better your chances of lowering your auto insurance rates. Consumers may even find the lowest rates come from a lesser-known regional company. They often have lower auto insurance rates on specific markets than their larger competitors like State Farm and Allstate.

When buying insurance coverage, it’s a bad idea to skimp on coverage in order to save money. There are a lot of situations where an accident victim reduced physical damage coverage to discover at claim time they didn’t have enough coverage. Your goal is to purchase a proper amount of coverage at the best cost and still be able to protect your assets.

Even more information can be found in the articles below: