2016 Cadillac CTS Insurance Rates

Searching for the cheapest car insurance rates for your Cadillac CTS? Price shopping your car insurance could be challenging for drivers who are new to quoting and comparing rates online. With such a large number of online companies, it can easily be a big hassle to locate the lowest prices.

Finding the best rates is quite easy. Essentially every vehicle owner who is required by state law to have insurance will be able to reduce their rates. But consumers need to have an understanding of how companies sell insurance online and apply this information to your search.

Buy insurance coverage online

Effectively comparing insurance coverage prices can take time and effort if you aren’t aware of the fastest way to get free quotes. You can waste a lot of time talking to insurance agencies in your area, or you could save time and use online quoting to accomplish the same thing much quicker.

Many popular insurance companies belong to an insurance system where prospective buyers enter their coverage request one time, and each participating company returns a rated price based on that data. This saves time by eliminating quote requests for each company.

To find out how much you can save on insurance coverage click here (opens in new window).

The only drawback to comparing rates this way is that consumers can’t choose the insurers to receive prices from. If you prefer to choose specific insurance companies to receive pricing from, we put together a list of companies who write insurance coverage in your area. Click here to view list.

Whichever way you use, double check that you are using equivalent quote data with every price quote. If you compare different values for each quote it’s impossible to determine the lowest rate for your Cadillac CTS. Just slight variations in coverages may result in a large different in cost. It’s important to know that having more price comparisons helps locate the best price.

More discounts mean cheap premiums

Some providers don’t necessarily list all available discounts in a way that’s easy to find, so we researched some of the more common and also the more inconspicuous ways to save on insurance.

  • Accident Free – Insureds with no claims or accidents are rewarded with significantly better rates on auto insurance quote in comparison to insureds who have frequent claims or accidents.
  • Anti-theft Discount – Vehicles optioned with advanced anti-theft systems are stolen less frequently and qualify for as much as a 10% discount.
  • Homeowners Discount – Being a homeowner can get you a discount because it means you have a higher level of financial diligence.
  • Multiple Vehicles – Insuring multiple vehicles on a single policy can reduce rates for all insured vehicles.
  • Auto/Life Discount – Not every insurance company offers life insurance, but if they do you may earn better rates if you take out some life insurance in addition to your auto policy.
  • Early Switch Discount – A few insurance companies offer discounts for renewing your policy prior to your current policy expiration. You may see this discount when you get auto insurance quotes online.
  • College Student Discount – Any of your kids who attend college more than 100 miles from home and won’t have access to an insured vehicle can be insured at a reduced rate.
  • Passive Restraints and Air Bags – Factory air bags or motorized seat belts could see savings of 25 to 30%.
  • Accident Forgiveness – This isn’t a discount exactly, but a handful of insurance companies permit an accident without the usual rate increase if your claims history is clear before the accident.

Just know that many deductions do not apply to the entire policy premium. Most only reduce specific coverage prices like physical damage coverage or medical payments. Even though it may seem like you can get free auto insurance, you aren’t that lucky.

Popular insurance companies and some of their more popular discounts include:

  • Geico offers premium reductions for air bags, daytime running lights, federal employee, emergency military deployment, five-year accident-free, and anti-lock brakes.
  • Travelers discounts include payment discounts, continuous insurance, student away at school, IntelliDrive, multi-car, and driver training.
  • Farm Bureau may include discounts for multi-vehicle, driver training, safe driver, renewal discount, and youthful driver.
  • Liberty Mutual may offer discounts for newly retired, preferred payment discount, new vehicle discount, multi-policy, new graduate, and hybrid vehicle.
  • American Family offers discounts for good driver, TimeAway discount, air bags, multi-vehicle, good student, and bundled insurance.
  • Progressive policyholders can earn discounts including multi-policy, online quote discount, homeowner, continuous coverage, and online signing.

Double check with each insurance company which discounts can lower your rates. Discounts may not apply in every state. To see companies who offer discounts, click this link.

Smart consumers save more

Smart consumers have a good feel for a few of the rating criteria that aid in calculating the price you pay for car insurance. If you understand what controls the rates you pay, this enables informed choices that can help you get lower rates.

  • Amount of liability – A critical coverage on your policy, liability insurance provides coverage if ever you are ruled to be at fault for causing damage or personal injury in an accident. Your policy’s liability insurance provides legal defense coverage which can cost thousands of dollars. It is affordable coverage when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
  • No policy claims equals better premiums – Companies provide better rates to people that do not abuse their auto insurance. If you frequently file small claims, you can look forward to either a policy non-renewal or much higher rates. Insurance coverage is intended to be relied upon for major claims that would cause financial hardship.
  • Single drivers take more risk – Being married may earn you lower rates on your car insurance bill. It demonstrates that you tend to be less irresponsible and statistics prove being married results in fewer claims.
  • How credit rating affects car insurance prices – Credit score will be a significant factor in calculating your premium rate. Drivers with high credit ratings tend to be more responsible and file fewer claims as compared to drivers with lower credit scores. If your credit score is lower than you’d like, you may save money insuring your 2016 Cadillac CTS by taking the time to improve your credit score.
  • More stress means more cost – Careers such as real estate brokersair traffic controllers and miners usually pay the highest average rates attributed to high stress levels and extremely grueling work hours. Other jobs such as professors, athletes and homemakers generally pay rates lower than average for CTS insurance.

It’s not one size fits all

When buying coverage, there isn’t really a best way to insure your cars. Coverage needs to be tailored to your specific needs.

For instance, these questions might point out whether your personal situation may require specific advice.

  • Are rock chip repairs covered?
  • Is my teenager covered with friends in the car?
  • Why am I required to get a high-risk car insurance policy?
  • Should I carry comprehensive and collision coverage?
  • What is the rate difference between pleasure use and commuting?
  • Do I need replacement cost coverage?
  • Do I need higher collision deductibles?
  • How much can I save by bundling my policies?
  • Is rental equipment covered for theft or damage?

If it’s difficult to answer those questions but one or more may apply to you, you might consider talking to a licensed agent. To find lower rates from a local agent, fill out this quick form.

Educate yourself about insurance coverages

Learning about specific coverages of a insurance policy aids in choosing which coverages you need and proper limits and deductibles. Insurance terms can be confusing and coverage can change by endorsement.

Comprehensive coverage – This will pay to fix damage OTHER than collision with another vehicle or object. You first have to pay a deductible then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as hail damage, vandalism, rock chips in glass, damage from a tornado or hurricane and damage from getting keyed. The highest amount your insurance company will pay is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Liability insurance – Liability coverage will cover injuries or damage you cause to other’s property or people. It protects you against claims from other people. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 100/300/100 that means you have a $100,000 limit per person for injuries, a total of $300,000 of bodily injury coverage per accident, and property damage coverage for $100,000.

Liability coverage protects against claims such as structural damage, legal defense fees, medical services, repair costs for stationary objects and repair bills for other people’s vehicles. How much liability coverage do you need? That is a decision to put some thought into, but it’s cheap coverage so purchase higher limits if possible.

Medical payments coverage and PIP – Coverage for medical payments and/or PIP pay for expenses like hospital visits, chiropractic care and surgery. They are used to cover expenses not covered by your health insurance program or if there is no health insurance coverage. They cover all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not an option in every state and gives slightly broader coverage than med pay

Collision – Collision insurance pays to fix your vehicle from damage resulting from colliding with another car or object. You will need to pay your deductible and then insurance will cover the remainder.

Collision coverage protects against things like crashing into a building, backing into a parked car and rolling your car. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. It’s also possible to increase the deductible to get cheaper collision coverage.

Uninsured/Underinsured Motorist coverage – Your UM/UIM coverage protects you and your vehicle’s occupants from other drivers when they either have no liability insurance or not enough. This coverage pays for medical payments for you and your occupants and damage to your 2016 Cadillac CTS.

Since a lot of drivers have only the minimum liability required by law, it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

A tidy conclusion

A few companies may not have online price quotes small, regional companies sell through local independent agencies. Lower-priced insurance coverage can be found both online and also from your neighborhood agents, so you need to compare both in order to have the best price selection to choose from.

When getting auto insurance quotes online, never buy less coverage just to save a little money. There are a lot of situations where an insured cut liability coverage limits only to discover later that their decision to reduce coverage ended up costing them more. Your objective should be to purchase plenty of coverage at an affordable rate, but do not sacrifice coverage to save money.

People switch companies for a variety of reasons including denial of a claim, policy non-renewal, delays in paying claims or high rates after DUI convictions. No matter why you want to switch, choosing a new company is pretty easy and you might even save some money in the process.

More information can be read at the links below