Compare 2003 Cadillac CTS Car Insurance Rates

Comparison shopping for insurance can seem to be a challenge for consumers not familiar with comparing rates online. You have so many options that it can quickly become a challenge to find the best price.

If you are paying for car insurance now, you will be able to cut costs considerably using these tips. Finding affordable coverage is simple if you know the tricks. But vehicle owners must know how big insurance companies determine prices.

Free Insurance Quotes

All the larger insurance companies such as 21st Century, Allstate and State Farm quote prices for coverage online. Getting quotes is pretty painless as you simply enter your personal and coverage information as requested by the quote form. Upon sending the form, their rating system obtains your driving and credit reports and returns a price determined by many factors.

Online price quotes helps simplify price comparisons, but the process of having to visit several different sites and type in the same information is monotonous and tiresome. But it’s absolutely necessary to perform this step if you want to find a better rate.

The easy way to compare rates

The quickest way to get multiple rate quotes makes use of a single form to obtain quotes from a bunch of companies at once. It saves time, reduces the work, and makes quoting online much more efficient. After your information is entered, it is rated and you can select any or none of the quotes returned. If you find a better price you can simply submit the application and purchase coverage. The entire process can be completed in a matter of minutes and you will know how your current rates stack up.

To get comparison pricing now, click here to open in new window and submit the form. If you have coverage now, it’s recommended you replicate deductibles and limits exactly as shown on your declarations page. This helps ensure you will have rate comparison quotes for similar insurance coverage.

The fine print in auto insurance ads

Auto insurance providers like 21st Century, Allstate and State Farm regularly use ads in print and on television. They all say the same thing that you’ll save big if you move to their company. But how can every company make almost identical claims? This is how they do it.

All the different companies are able to cherry pick for the right customer they prefer to insure. For instance, a desirable insured might be profiled as between the ages of 30 and 50, has no prior claims, and chooses high deductibles. A driver who fits that profile receives the best rates and is almost guaranteed to save when they switch companies.

Potential customers who are not a match for these standards will have to pay higher prices which usually ends up with the customer not buying. The ads say “customers that switch” but not “drivers who get quotes” save that much money. This is how companies can truthfully claim big savings. Because of the profiling, it’s extremely important to quote coverage with many companies. It’s just too difficult to predict which auto insurance company will give you the biggest savings on Cadillac CTS insurance.

Get lower rates on 2003 Cadillac CTS insurance

Companies don’t always list every available discount very clearly, so the following is a list of some of the best known and also the lesser-known discounts you could be receiving.

  • Sign Online – Certain companies give back up to $50 for buying your policy online.
  • Defensive Driver – Taking part in a driver safety course could possibly earn you a 5% discount if you qualify.
  • Life Insurance – Larger companies have lower rates if you buy life insurance from them.
  • No Charge for an Accident – A handful of insurance companies will allow you to have one accident before raising your premiums as long as you don’t have any claims for a particular time prior to the accident.
  • Claim Free – Drivers with accident-free driving histories can save substantially when compared with bad drivers.
  • Anti-lock Brake System – Anti-lock brake equipped vehicles prevent accidents and will save you 10% or more.
  • Federal Government Employee – Employees or retirees of the government could cut as much as 10% off on CTS insurance with certain companies.
  • Homeowners Discount – Being a homeowner can save you money due to the fact that maintaining a home demonstrates responsibility.

As a disclaimer on discounts, many deductions do not apply to the entire policy premium. Some only apply to the price of certain insurance coverages like liability and collision coverage. Even though it may seem like you could get a free auto insurance policy, it doesn’t quite work that way.

For a list of insurance companies with discount auto insurance rates, click here.

Tailor your coverage to you

When buying the right insurance coverage, there really is not a “perfect” insurance plan. Everyone’s situation is a little different.

Here are some questions about coverages that might point out whether you would benefit from professional advice.

  • Is business property covered if stolen from my car?
  • When would I need rental car insurance?
  • Should I put collision coverage on all my vehicles?
  • How does medical payments coverage work?
  • Does my insurance cover damage caused when ticketed for reckless driving?
  • Can I afford low physical damage deductibles?

If you don’t know the answers to these questions but one or more may apply to you then you might want to talk to a licensed agent. To find lower rates from a local agent, fill out this quick form.

Insurance coverages explained

Having a good grasp of your policy helps when choosing the best coverages and the correct deductibles and limits. Policy terminology can be confusing and nobody wants to actually read their policy.

Collision coverage

Collision insurance covers damage to your CTS from colliding with an object or car. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision can pay for claims such as crashing into a building, crashing into a ditch, sideswiping another vehicle, sustaining damage from a pot hole and colliding with another moving vehicle. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to choose a higher deductible to get cheaper collision coverage.

Medical costs insurance

Med pay and PIP coverage provide coverage for bills for dental work, X-ray expenses, doctor visits, EMT expenses and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. Coverage applies to all vehicle occupants as well as if you are hit as a while walking down the street. PIP is only offered in select states and gives slightly broader coverage than med pay

UM/UIM Coverage

This protects you and your vehicle’s occupants when the “other guys” are uninsured or don’t have enough coverage. Covered claims include medical payments for you and your occupants and damage to your 2003 Cadillac CTS.

Due to the fact that many drivers only carry the minimum required liability limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is important protection for you and your family.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage from a wide range of events other than collision. A deductible will apply and the remainder of the damage will be paid by comprehensive coverage.

Comprehensive coverage pays for things like a tree branch falling on your vehicle, theft, a broken windshield and damage from getting keyed. The maximum amount a insurance company will pay at claim time is the cash value of the vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Liability coverage

Liability insurance provides protection from injuries or damage you cause to people or other property in an accident. It protects you against claims from other people, and does not provide coverage for your injuries or vehicle damage.

It consists of three limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 100/300/100 which means a $100,000 limit per person for injuries, a limit of $300,000 in injury protection per accident, and property damage coverage for $100,000.

Liability insurance covers claims such as medical expenses, bail bonds, pain and suffering, repair costs for stationary objects and loss of income. The amount of liability coverage you purchase is your choice, but you should buy higher limits if possible.

And the best car insurance company is…

Drivers change insurance companies for a variety of reasons including high rates after DUI convictions, delays in paying claims, an unsatisfactory settlement offer or even poor customer service. No matter why you want to switch, finding a new company is less work than it seems.

You just read a lot of tips how to reduce 2003 Cadillac CTS insurance prices online. The key concept to understand is the more rate comparisons you have, the better likelihood of reducing your rate. Consumers may even find the lowest premiums are with a company that doesn’t do a lot of advertising.

As you go through the steps to switch your coverage, you should never buy poor coverage just to save money. In many cases, an insured dropped comprehensive coverage or liability limits and found out when filing a claim they didn’t have enough coverage. Your focus should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.

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