2016 Cadillac CTS Car Insurance Quotes in 2024 – 10 Tips to Save

Trying to find more affordable insurance might be difficult for drivers new to online price comparisons. With dozens of online companies, it can turn into a real difficult job to find better rates.

If you currently have a car insurance policy, you will most likely be able to reduce your rates substantially using this strategy. This information will instruct you on how to effectively get price quotes and some tricks to saving. But consumers can benefit by having an understanding of how the larger insurance companies market on the web and apply this information to your search.

How to buy auto insurance online

There are a variety of methods to compare auto insurance prices but some are more efficient than others. You could spend the better part of a day talking about coverages with local insurance agents in your area, or you can utilize the internet to get rate comparisons in just a few minutes.

Many popular insurance companies are enrolled in a marketplace where prospective buyers submit one quote, and each participating company then gives them pricing based on the submitted data. This eliminates the need for form submissions for each company.

To access this free quoting program, enter your zip code here.

The only drawback to using this type of form is you are unable to specify which carriers to receive prices from. So if you prefer to pick specific providers to receive pricing from, we have assembled a list of low cost auto insurance companies in your area. Click to enter zip code.

Take whichever approach you prefer, but make absolute certain that you use identical coverage limits and deductibles for each comparison quote. If each company quotes unequal deductibles or liability limits it will be next to impossible to determine the best price for your Cadillac CTS. Having just a slight variation in coverages may result in a large different in cost. Just keep in mind that more quotes increases the change that you will find the best offered rates. Some companies don’t provide price estimates online, so it’s important to also get rates from them as well.

Smaller companies may have the best rates

Big name companies like Progressive, Allstate and GEICO constantly bombard you with television and radio advertisements. All the companies make the point that you can save after switching your policy. How is it possible that every company can claim to save you money? Here is how they do it.

Insurance providers have strict underwriting profiles for the driver that is profitable for them. An example of a profitable insured could possibly be between 25 and 40, has no prior claims, and drives newer vehicles. Any person that hits that “sweet spot” will get a cheap rate quote and as a result will probably save when switching.

Drivers who do not fit the “perfect” profile may be required to pay a higher rate which results in the customer not purchasing. The trick companies use is to say “customers who switch” but not “all drivers who get quotes” save that much money. This is how companies can lure you into getting a quote. This really illustrates why drivers should compare rate quotes every year. It’s impossible to know which company will have the lowest rate quotes.

Use discounts on auto insurance

Properly insuring your vehicles can get expensive, but discounts can save money and there are some available that may help make it more affordable. Certain discounts will be applied when you get a quote, but some need to be specifically requested prior to getting the savings. If you are not receiving all the discounts you deserve, you could be getting lower rates.

• Multi-line Discount – Insurance carriers who offer life insurance give a lower rate if you buy life insurance.
• Payment Discounts – By making one initial payment as opposed to paying monthly you may have a lower total premium amount.
• Passive Restraints – Cars that have air bags can receive discounts of more than 20%.
• Defensive Driving Course – Successfully completing a class that teaches safe driver techniques could save 5% or more depending on where you live.
• Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts can save up to 10 percent (depending on the company) on medical payment and PIP coverage.
• Discounts for Multiple Vehicles – Drivers who insure several vehicles with one company can get a discount for every vehicle.
• Renewal Discounts – A few companies allow discounts for switching companies prior to the expiration date on your current policy. The savings is around 10%.
• Telematics Devices – Insureds who allow driving data submission to track vehicle usage by using a small device installed in their vehicle such as Allstate’s Drivewise and State Farm’s In-Drive system could possibly reduce rates if they have good driving habits.
• Senior Citizen Discount – Mature drivers could receive a small discount on rates on CTS insurance.
• Accident Free – Insureds with no claims or accidents are rewarded with significantly better rates on auto insurance quote in comparison with frequent claim filers.

One thing to note about discounts is that some credits don’t apply to the entire cost. Most only apply to the price of certain insurance coverages like comp or med pay. So even though it sounds like it’s possible to get free car insurance, it just doesn’t work that way. Any amount of discount will definitely lower your policy cost.

To see a list of insurance companies that offer discounts, enter your zip code here.

Tailor your car insurance coverage to you

When it comes to buying proper insurance coverage for your vehicles, there really is not a cookie cutter policy. Coverage needs to be tailored to your specific needs.

These are some specific questions may help highlight if your insurance needs will benefit from professional help.

• Are my friends covered when driving my 2016 Cadillac CTS?
• Is business equipment covered while in my vehicle?
• Does coverage extend to my business vehicle?
• Do I have any recourse if my insurance company denies a claim?
• Does coverage extend to Mexico or Canada?
• Does my policy cover me when driving someone else’s vehicle?

If it’s difficult to answer those questions, you may need to chat with a licensed agent. If you don’t have a local agent, complete your zip code.

Auto insurance coverage basics

Understanding the coverages of your policy helps when choosing which coverages you need and the correct deductibles and limits. The terms used in a policy can be confusing and nobody wants to actually read their policy.

Liability coverages

This protects you from damage that occurs to a person or their property. This coverage protects you from claims by other people. It does not cover damage to your own property or vehicle.

It consists of three limits, bodily injury per person, bodily injury per accident and property damage. You commonly see limits of 100/300/100 that means you have $100,000 in coverage for each person’s injuries, a total of $300,000 of bodily injury coverage per accident, and a limit of $100,000 paid for damaged property.

Liability can pay for things such as court costs, attorney fees, funeral expenses, medical services and pain and suffering. The amount of liability coverage you purchase is up to you, but it’s cheap coverage so purchase as much as you can afford.

Coverage for collisions

Collision insurance will pay to fix damage to your CTS from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible and the rest of the damage will be paid by collision coverage.

Collision coverage pays for claims such as sideswiping another vehicle, crashing into a ditch, sustaining damage from a pot hole, hitting a parking meter and crashing into a building. Paying for collision coverage can be pricey, so consider removing coverage from older vehicles. Drivers also have the option to bump up the deductible to save money on collision insurance.

Coverage for uninsured or underinsured drivers

This protects you and your vehicle’s occupants when other motorists are uninsured or don’t have enough coverage. This coverage pays for medical payments for you and your occupants as well as your vehicle’s damage.

Because many people only carry the minimum required liability limits, their liability coverage can quickly be exhausted. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Coverage for medical expenses

Personal Injury Protection (PIP) and medical payments coverage reimburse you for short-term medical expenses like funeral costs, EMT expenses, doctor visits, pain medications and ambulance fees. The coverages can be used in conjunction with a health insurance plan or if you lack health insurance entirely. They cover both the driver and occupants and also covers any family member struck as a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

Comprehensive auto insurance

This pays to fix your vehicle from damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things like vandalism, damage from getting keyed, rock chips in glass, hitting a bird and hitting a deer. The most a auto insurance company will pay at claim time is the ACV or actual cash value, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Final considerations

When buying insurance coverage, don’t be tempted to reduce needed coverages to save money. In many cases, someone dropped physical damage coverage only to discover later they didn’t purchase enough coverage. Your aim should be to get the best coverage possible at the best price but still have enough coverage for asset protection.

Throughout this article, we presented a lot of information how to reduce 2016 Cadillac CTS insurance car insurance rates online. The key concept to understand is the more price quotes you have, the better your comparison will be. You may even find the best car insurance rates are with a smaller regional carrier.

People who switch companies do it for a number of reasons such as policy cancellation, poor customer service, delays in responding to claim requests and even questionable increases in premium. It doesn’t matter what your reason, finding the right insurance provider is not as difficult as it may seem.