2003 Cadillac Escalade ESV Car Insurance Rates – 10 Tips for Best Quotes

Are you intimidated by the dozens of auto insurance providers available to you? People have so many choices that it can easily become a real difficult job to find lower rates.

Compare insurance coverage rates

To find the best insurance coverage rates, there are several ways to compare prices from different companies. The fastest way to find the cheapest 2003 Cadillac Escalade ESV insurance rates is to jump online and get quotes. This is quite simple and can be completed by using one of the methods below.

1. One of the simplest ways to compare a lot of rates at once is to use a rate comparison form (click to open form in new window). This type of form keeps you from doing separate quote forms for each company. A single, simple form will return price quotes from several companies. Just one form and you’re done.
2. Another way to obtain and compare quotes online is to manually visit each company’s website to complete their respective quote request forms. For examples sake, let’s say you are doing a rate comparison from Allstate, 21st Century and American Family. You would need to go to every website to enter your coverage information, which is why first method is reommended. For a list of companies in your area, click here.

How you compare quotes is your choice, just compare the same information with every price quote. If you use differing limits you can’t possibly make a fair rate comparison. Just a small difference in coverage limits could mean much higher rates. Just keep in mind that comparing more company’s prices increases your odds of finding a lower rate than you’re paying now. Not every company does price estimates online, so you need to compare prices from them as well.

You may qualify for discounts

Some insurers don’t always list every policy discount in an easy-to-find place, so the next list breaks down both the well known and the harder-to-find discounts that you may qualify for.

• No Claims – Drivers with accident-free driving histories can earn big discounts in comparison to insureds who have frequent claims or accidents.
• Anti-theft Discount – Vehicles that have factory alarm systems and tracking devices can help prevent theft and can earn a small discount on your policy.
• Early Signing – Some insurance companies provide a discount for renewing your policy prior to the expiration date on your current policy. This can save 10% or more.
• Discounts for Multiple Vehicles – Drivers who insure multiple cars or trucks with one company qualifies for this discount.
• Homeowners Savings – Simply owning a home may earn you a small savings since home ownership requires personal responsibility.
• Anti-lock Brake Discount – Cars, trucks, and SUVs that have anti-lock braking systems prevent accidents so you can save 10 percent or more.
• Auto/Life Discount – Some insurance carriers give a lower premium rate if you buy a life insurance policy as well.
• Seat Belts Save – Drivers who always wear seat belts and also require passengers to fasten their seat belts could save 15% on the medical payments or PIP coverage costs.
• Policy Bundle Discount – If you have multiple policies with the same insurance company you could save over 10 percent off each policy depending on the company.
• Student Discount for Driver Training – Make teen driver coverage more affordable by requiring them to participate in a local driver’s education class in high school.

As is typical with insurance, many deductions do not apply to all coverage premiums. Some only apply to specific coverage prices like liability, collision or medical payments. Despite the appearance that you can get free auto insurance, insurance companies aren’t that generous. But all discounts will help lower the premium cost.

A partial list of companies that may offer most of these discounts may include but are not limited to:

• State Farm
• Liberty Mutual
• American Family
• Progressive
• Farmers Insurance
• Auto-Owners Insurance
• SAFECO

Check with each company which discounts you qualify for. Some discounts listed above might not apply in every state. If you would like to choose from a list of insurance companies that offer discounts, click here to view.

There’s no such thing as the perfect auto insurance policy

When it comes to buying the best auto insurance coverage, there isn’t really a perfect coverage plan. Every insured’s situation is different.

For instance, these questions might help in determining whether your personal situation may require specific advice.

• Am I covered by my spouse’s policy after a separation?
• Am I better off with higher deductibles on my 2003 Cadillac Escalade ESV?
• Do I need special endorsements for business use of my vehicle?
• When should I buy a commercial auto policy?
• When should I drop full coverage on my 2003 Cadillac Escalade ESV?
• Does my policy cover me when driving someone else’s vehicle?
• What is an SR-22 filing?

If you’re not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find lower rates from a local agent, take a second and complete this form.

Auto insurance coverage basics

Having a good grasp of a auto insurance policy can be of help when determining the right coverages and proper limits and deductibles. Auto insurance terms can be impossible to understand and even agents have difficulty translating policy wording.

UM/UIM Coverage

Your UM/UIM coverage protects you and your vehicle’s occupants when the “other guys” either have no liability insurance or not enough. Covered claims include hospital bills for your injuries as well as damage to your Cadillac Escalade ESV.

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. Usually these coverages are set the same as your liablity limits.

Comprehensive or Other Than Collision

Comprehensive insurance pays for damage caused by mother nature, theft, vandalism and other events. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as fire damage, falling objects and vandalism. The most a auto insurance company will pay at claim time is the cash value of the vehicle, so if your deductible is as high as the vehicle’s value it’s not worth carrying full coverage.

Medical costs insurance

Med pay and PIP coverage provide coverage for immediate expenses like pain medications, doctor visits, EMT expenses and rehabilitation expenses. They are often utilized in addition to your health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover all vehicle occupants as well as being hit by a car walking across the street. Personal Injury Protection is not available in all states but it provides additional coverages not offered by medical payments coverage

Collision coverage

This coverage pays to fix your vehicle from damage from colliding with another vehicle or an object, but not an animal. You will need to pay your deductible then the remaining damage will be paid by your insurance company.

Collision coverage pays for things such as driving through your garage door, sideswiping another vehicle, damaging your car on a curb, backing into a parked car and rolling your car. Paying for collision coverage can be pricey, so consider dropping it from vehicles that are 8 years or older. Drivers also have the option to bump up the deductible to bring the cost down.

Liability

This coverage can cover damage or injury you incur to people or other property in an accident. This coverage protects you from legal claims by others. It does not cover your own vehicle damage or injuries.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. You might see values of 25/50/25 which means a limit of $25,000 per injured person, a limit of $50,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Occasionally you may see one number which is a combined single limit which limits claims to one amount and claims can be made without the split limit restrictions.

Liability coverage pays for things like repair costs for stationary objects, attorney fees and bail bonds. How much liability coverage do you need? That is up to you, but it’s cheap coverage so purchase as high a limit as you can afford.