2013 Cadillac XTS Insurance Cost – 10 Policy Discounts

Having to pay for overpriced car insurance can overdraw your checking account, especially in this economy. Doing a price comparison is free and is an excellent way to reduce premiums and put more money in your pocket.

Numerous insurance companies battle to insure your vehicles, so it can be very hard to choose a company to get the lowest rate possible.

If you are paying for car insurance now, you will be able to lower your premiums substantially using this strategy. Buying car insurance is easy if you know what you’re doing. Nevertheless, drivers can benefit from knowing the methods companies use to market on the web and use this information to your advantage.

Save big with these ten discounts

Car insurance can cost a lot, but discounts can save money and there are some available to cut the cost considerably. A few discounts will automatically apply when you get a quote, but lesser-known reductions have to be specifically requested before you will receive the discount.

  • Discount for Swiching Early – Some insurance companies reward drivers for signing up before your current expiration date. The savings is around 10%.
  • Seat Belts Save – Drivers who require all occupants to use a seat belt can save 10% or more off the personal injury premium cost.
  • Paperwork-free – A few companies may give you up to $50 for buying your policy online.
  • College Student – Any of your kids who live away from home and do not have a car can be insured at a reduced rate.
  • Drive Safe and Save – Safe drivers can get discounts for up to 45% lower rates for XTS insurance than drivers with accidents.
  • Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and therefore earn up to a 10% discount.
  • Drivers Education – Cut your cost by having your teen driver take driver’s ed class in high school.
  • Federal Employees – Employees or retirees of the government may qualify you for a discount for XTS insurance with a few car insurance companies.
  • Fewer Miles Equal More Savings – Low mileage vehicles could qualify for lower rates on the low mileage vehicles.
  • Good Student Discount – Performing well in school can save 20 to 25%. This discount can apply until age 25.

Drivers should understand that most of the big mark downs will not be given to all coverage premiums. A few only apply to the price of certain insurance coverages like physical damage coverage or medical payments. So despite the fact that it appears you could get a free car insurance policy, companies don’t profit that way. But all discounts will bring down the amount you have to pay.

Companies who might offer these discounts may include but are not limited to:

It’s a good idea to ask all companies you are considering how you can save money. Some discounts might not be offered in every state.

But I don’t know anything about car insurance

When choosing proper insurance coverage for your vehicles, there really is not a “best” method to buy coverage. Everyone’s situation is a little different so this has to be addressed. These are some specific questions might point out if your situation would benefit from professional advice.

  • Should I file a claim if it’s only slightly more than my deductible?
  • Am I covered by my employer’s commercial auto policy when driving my personal car for business?
  • How high should deductibles be on a 2013 Cadillac XTS?
  • Am I covered if I wreck a rental car?
  • How do I insure my teen driver?
  • Do I need an umbrella policy?
  • Am I missing any policy discounts?
  • Will I be non-renewed for getting a DUI or other conviction?

If you can’t answer these questions but you think they might apply to your situation then you might want to talk to a licensed insurance agent. If you want to speak to an agent in your area, fill out this quick form or you can go here for a list of companies in your area.

Insurance specifics

Knowing the specifics of your policy helps when choosing the right coverages and proper limits and deductibles. The terms used in a policy can be difficult to understand and coverage can change by endorsement. Below you’ll find typical coverages found on most insurance policies.

Collision – This coverage pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You will need to pay your deductible then your collision coverage will kick in.

Collision coverage pays for claims such as crashing into a ditch, scraping a guard rail, colliding with another moving vehicle, hitting a parking meter and hitting a mailbox. Collision coverage makes up a good portion of your premium, so analyze the benefit of dropping coverage from lower value vehicles. Another option is to bump up the deductible in order to get cheaper collision rates.

Med pay and Personal Injury Protection (PIP) – Medical payments and Personal Injury Protection insurance kick in for immediate expenses for funeral costs, hospital visits, prosthetic devices, chiropractic care and ambulance fees. They can be utilized in addition to your health insurance program or if there is no health insurance coverage. Coverage applies to both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not universally available and may carry a deductible

Liability insurance – This will cover damages or injuries you inflict on people or other property by causing an accident. Split limit liability has three limits of coverage: bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 25/50/25 that translate to $25,000 in coverage for each person’s injuries, a total of $50,000 of bodily injury coverage per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use one number which is a combined single limit which limits claims to one amount without having the split limit caps.

Liability coverage pays for things such as attorney fees, legal defense fees, court costs and repair costs for stationary objects. How much liability coverage do you need? That is a decision to put some thought into, but you should buy as high a limit as you can afford.

Comprehensive insurance – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as a tree branch falling on your vehicle, rock chips in glass, damage from flooding, damage from a tornado or hurricane and theft. The highest amount your insurance company will pay is the ACV or actual cash value, so if the vehicle is not worth much consider dropping full coverage.

Uninsured/Underinsured Motorist (UM/UIM) – Your UM/UIM coverage provides protection from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include medical payments for you and your occupants as well as your vehicle’s damage.

Due to the fact that many drivers carry very low liability coverage 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. Most of the time these limits are identical to your policy’s liability coverage.

Summing up your insurance coverage search

Cost effective 2013 Cadillac XTS insurance is attainable online as well as from independent agents, and you should compare price quotes from both to have the best rate selection. Some insurance coverage companies don’t offer the ability to get a quote online and many times these smaller companies only sell through independent insurance agents.

When trying to cut insurance costs, you should never skimp on critical coverages to save a buck or two. There have been many cases where an insured cut liability limits or collision coverage only to discover later that it was a big error on their part. Your focus should be to buy enough coverage at an affordable rate while not skimping on critical coverages.

Throughout this article, we presented many tips how you can get a better price on insurance. The most important thing to understand is the more times you quote, the higher your chance of finding lower rates. You may even discover the best price on insurance coverage is with the smaller companies. Regional companies may often insure only within specific states and give getter rates as compared to the big name companies such as Allstate or State Farm.

More information can be found at the links below