How to Get the Absolute Cheapest Rates When Buying Insurance for a Cadillac Escalade EXT

Having to pay for overpriced Cadillac Escalade EXT insurance can take a big chunk out of your savings account and make it hard to pay other bills. Doing a price comparison is a smart way to cut your insurance bill. You have so many car insurance companies to buy insurance from, and even though it’s nice to have multiple companies, it makes it harder to find the best rates.

Finding the best rates is not that difficult. If you have car insurance now, you will most likely be able to lower your premiums substantially using these tips. Drivers only need an understanding of the proper methods to compare rates on the web.

Free Quotes for Car Insurance

Lowering your Cadillac Escalade EXT car insurance rates is a fairly straight forward process. All you need to do is spend a little time to get quotes from different insurance companies. It is quite easy and can be accomplished using a couple different methods.

Probably the best way consumers can make multiple comparisons is a comparison rater form (click to open form in new window). This method keeps you from doing multiple quote forms for each company you want a rate for. Completing one form will return price quotes from multiple low-cost companies.

A more difficult way to obtain and compare quotes online requires you to visit the website for each individual company to request a price quote. For example, let’s say you want to compare rates from GEICO, Liberty Mutual and State Farm. You would have to go to every website and enter your information, which is why the first method is quicker.

For a handy list of car insurance company links in your area, click here.

The hardest method of comparing rate quotes is driving to and from local insurance agencies. The ability to buy insurance online can eliminate the need for a local agent unless you want the professional advice that only a license agent can provide. It is possible to price shop online and get advice from an agent in your area.

Which method you use is up to you, but make sure you use exactly the same quote information on every quote. If you compare higher or lower deductibles you will not be able to decipher which rate is best.

Car insurance ads bend the truth

Consumers can’t get away from ads for the lowest price auto insurance by Progressive, Allstate and GEICO. They all make an identical promise about savings if you change to their company.

But how can every company claim to save you money?

Different companies have a certain “appetite” for the type of driver that earns them a profit. A good example of a desirable insured might be between the ages of 30 and 50, has no tickets, and has a short commute. Any driver who fits that profile will qualify for the lowest rates and as a result will probably save a lot of money.

Potential customers who don’t meet these standards will be quoted higher prices which usually ends up with the driver buying from a lower-cost company. The ads say “people who switch” not “everyone that quotes” save money. This is how companies can truthfully claim big savings. This emphasizes why you should get as many comparisons as possible. Because you never know which company will fit your personal profile best.

Your Cadillac Escalade EXT insurance rate is a complex equation

It’s important that you understand some of the elements that go into determining the price you pay for car insurance. Knowing what impacts premium levels allows you to make educated decisions that will entitle you to better car insurance rates.

Listed below are a few of the “ingredients” companies use to determine prices.

• Do you have a high stress job? – Did you know your occupation can influence how much you pay for car insurance? Occupations like doctors, architects and financial analysts are shown to have higher average rates because of stressful work requirements and lengthy work days. Conversely, jobs such as farmers, engineers and homemakers pay the least on Escalade EXT coverage.
• High numbers of claims are not good – If you file claims often, you can pretty much guarantee higher rates. Auto insurance companies provide cheaper rates to people who file claims infrequently. Insurance coverage is meant to be used in the event of the large, substantial claims.
• Discounts for multiple policies – Some insurers provide better rates to customers who have multiple policies with them, otherwise known as a multi-policy discount. If you currently are using one company, it’s still a good idea to shop around to confirm you are receiving the best rates possible. Drivers may still find a better deal by buying car insurance from a different company.
• More people means more accidents – Being located in less populated areas can be a good thing when buying car insurance. Fewer drivers means reduced accidents as well as less vandalism and auto theft. Drivers who live in large cities tend to have much more traffic to deal with and a longer drive to work. Longer commute distances can result in more accidents.
• Never allow your policy to lapse – Allowing your coverage to lapse will be a fast way to bump up your car insurance costs. And not only will insurance be more expensive, getting caught without coverage may earn you a revoked license or a big fine.

Discounts can save BIG

Car insurance companies don’t always publicize all available discounts in an easy-to-find place, so here is a list some of the more common and the more hidden ways to save on car insurance. If they aren’t giving you every credit possible, you are paying more than you should be.

• Passive Restraint Discount – Cars that have air bags and/or automatic seat belt systems may earn rate discounts up to 30%.
• Discount for Good Grades – A discount for being a good student can earn a discount of 20% or more. Earning this discount can benefit you up until you turn 25.
• Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems prevent vehicle theft and earn discounts up to 10%.
• Organization Discounts – Participating in a professional or civic organization may earn a discount when buying car insurance on Escalade EXT coverage.
• Fewer Miles Equal More Savings – Keeping the miles down on your Cadillac could be rewarded with better rates on cars that stay parked.

Keep in mind that most credits do not apply to your bottom line cost. Most cut the cost of specific coverages such as liability and collision coverage. So even though it sounds like you could get a free car insurance policy, it doesn’t quite work that way.

What happened to insurance agents?

Some people would rather visit with an insurance agent and that is a personal choice. Licensed agents can help determine the best coverages and help submit paperwork. The biggest benefit of price shopping on the web is you may find better rates and still choose a local agent.

After filling out this simple form, your coverage information is transmitted to local insurance agents who will return price quotes for your business. There is no reason to leave your house because quoted prices will be sent straight to your inbox. Now that’s easy!

Selecting an provider requires more thought than just a low price. These questions are important to ask:

• If they are an independent agency, which companies do they recommend?
• Do the coverages you’re quoting properly cover your vehicle?
• What are the financial ratings for the companies they represent?
• What insurance company do they write the most business with?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?

Different types of auto insurance agents

When looking for a good insurance agency, there are two different agency structures that you can select. Agencies are either independent (non-captive) or captive. Both properly insure your vehicles, but it’s worth mentioning how they differ since it can impact buying decisions.

Captive Agents

Captive agents write business for a single company and examples are State Farm, AAA and Liberty Mutual. These agents are unable to place coverage with different providers so they are skilled at selling on more than just price. Captive agencies are usually quite knowledgeable on their company’s products and that can be a competitive advantage.

Independent Agencies or Brokers

Independent agencies are not locked into one company but instead can place your coverage amongst many companies and potentially find a lower price. If you are not satisfied with one company, your agent can switch companies without you having to go to a different agency.

When comparison shopping, it’s recommended you include price quotes from at least one independent agent to get the best comparison.

To view a complete directory of car insurance agents, click here.

Once you have received reasonable responses to all your questions and locked in a price quote, chances are good that you have found a car insurance agent that is a good match to properly insure your vehicles.

Final considerations

Cost effective Cadillac Escalade EXT insurance is possible from both online companies as well as from independent agents, so you should be comparing quotes from both so you have a total pricing picture. Some companies don’t offer the ability to get a quote online and these small, regional companies work with independent agents.

Throughout this article, we presented quite a bit of information on how to shop for Cadillac Escalade EXT insurance online. The most important thing to understand is the more providers you compare, the more likely it is that you will get a better rate. Consumers could even find that the best prices are with some of the smallest insurance companies. Smaller companies may only write in your state and offer lower rates than the large multi-state companies such as Allstate and Progressive.