Save Money on Cadillac CTS Insurance in Cleveland

Would you like an easy way to compare cheaper car insurance rates in Cleveland, OH? Cleveland buyers have many options when searching for low-cost Cadillac CTS insurance. You can either spend your time contacting agents trying to get quotes or utilize the internet to find the lowest rates.

There are more efficient ways to compare car insurance rates so we’re going to tell you the quickest way to quote coverages for your Cadillac and obtain the lowest possible price from both online companies and Cleveland agents.

It’s important to get comparison quotes periodically because prices are usually higher with each renewal. Just because you had the lowest quotes on Cadillac CTS insurance in Cleveland on your last policy you may be paying too much now. Block out anything you think you know about car insurance because you’re going to get a crash course in the tricks you need to know to reduce your cost while increasing coverage.

These techniques will instruct you on how car insurance companies work and some tips to save money. If you have a current car insurance policy, you will most likely be able to get lower rates using the tips covered below. Drivers just need to use the proper way to get comparison rates over the internet.

Car insurance rates and discounts

Car insurance can be pricey, but there may be some discounts that you may not even know about. Certain discounts will be triggered automatically at quote time, but some must be manually applied before they will apply.

• Sign Online – A few insurance companies will give a small break for buying your policy on their website.
• Service Members Pay Less – Being on active duty in the military could be rewarded with lower rates.
• Theft Deterrent – Cars, trucks, and SUVs equipped with anti-theft or alarm systems help deter theft and will save you 10% or more on CTS insurance in Cleveland.
• Student in College – Youth drivers who are attending college and don’t have a car could get you a discount.
• Good Drivers – Insureds without accidents may receive a discount up to 45% compared to accident prone drivers.
• Discount for Home Ownership – Just being a homeowner can help you save on car insurance because of the fact that having a home requires personal responsibility.
• Low Mileage Discounts – Maintaining low annual mileage can earn substantially lower rates.

We need to note that some credits don’t apply to the entire policy premium. A few only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears you could get a free car insurance policy, you won’t be that lucky.

The illustration below shows the difference between Cadillac CTS auto insurance costs with and without discounts. The prices are based on a male driver, no claims or violations, Ohio state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-policy, homeowner, claim-free, multi-car, and marriage discounts applied.

If you would like to choose from a list of providers that can offer you the previously mentioned discounts in Ohio, follow this link.

All major car insurance companies make it easy to get coverage prices direct online. Getting Cadillac CTS insurance prices online is fairly straightforward as you just enter your required coverages into the form. When complete, their system pulls your driving record and credit report and provides a quote based on these factors.

This helps simplify price comparisons, and it is important to compare as many rates as possible if you want to get a lower rate.

In order to use this form to compare rates, compare quotes from the companies shown below. If you have a policy now, it’s recommended you enter your coverages as close as possible to your current policy. This guarantees you’re receiving a rate comparison for similar coverage.

The providers in the list below provide free rate quotes in Ohio. If your goal is to find cheap car insurance in OH, we suggest you click on several of them to get the cheapest price.

Auto insurance analysis for a Cadillac CTS

The information displayed below highlights estimates of insurance coverage prices for Cadillac CTS models. Having a better idea how insurance prices are determined can aid in making smart choices when purchasing an insurance policy.

Table data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include claim-free, multi-policy, multi-vehicle, safe-driver, and homeowner. Estimates do not factor in your specific Cleveland location which can lower or raise premiums greatly.

Physical damage deductibles

One common question asked by Cleveland drivers is which deductible level should you buy. The rates below summarize the price difference when you buy lower versus higher deductibles. The first set of prices uses a $250 deductible for comp and collision and the second data table uses a $1,000 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, claim-free, and safe-driver. Prices do not factor in specific location which can influence rates greatly.

Using the premium rates above, we can conclude that using a $250 deductible will cost you roughly $20 more each month or $240 each year across all Cadillac CTS models than choosing the higher $1,000 deductible. Since you would pay $750 more to settle a claim with a $1,000 deductible as compared to a $250 deductible, if you go more than 38 months between claims, you would more than likely save some money if you decide on a higher deductible.

An important thing to remember is that higher deductibles means you will have to cover more of the damage yourself when you do file a claim. That will require some savings in the event you have to pay the deductible.

The example below illustrates how your deductible choice and can impact Cadillac CTS insurance costs for each age group. The data assumes a single female driver, full physical damage coverage, and no additional discounts are factored in.

Auto insurance rates by gender and age

The chart below compares Cadillac CTS car insurance costs for male and female drivers. The prices are based on no claims, a clean driving record, full physical damage coverage, $100 deductibles, drivers are single, and no additional discounts are factored in.

Price comparison of only insuring for liability

The example below visualizes the comparison of Cadillac CTS insurance rates with full coverage and liability only. The rates are based on a clean driving record, no claims, $100 deductibles, drivers are single, and no additional discounts are factored in.

Should you pay for full coverage or liability only?

There is no definitive rule that is best for determining when to drop comp and collision coverage, but there is a guideline you can use. If the yearly cost of full coverage is 10% or more of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s pretend your Cadillac CTS book value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $7,000 after the deductible is paid. If you are paying in excess of $700 a year for physical damage coverage, then it might be time to buy liability only.

There are some circumstances where only buying liability is not recommended. If you have an outstanding loan on your vehicle, you have to carry full coverage to protect the lienholder’s interest. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not drop full coverage.

Lower Your Cleveland Insurance Costs

Lots of factors are considered when you quote your car insurance policy. Some factors are common sense such as your driving record, but some are more obscure like where you live or your financial responsibility.

The following are most of the major factors used by companies to determine your rate level.

• Premiums are high for teenagers – Beginning drivers in Ohio are known to get distracted easily when behind the wheel therefore insurance rates are much higher. Older drivers are viewed as being more responsible, tend to cause fewer accidents, and usually have better credit.

  The chart below assumes a single driver, full coverage with $1000 deductibles, and no discounts or violations.

• Having a spouse can lower costs – Walking down the aisle helps lower the price on your insurance policy. Having a significant other translates into being more stable financially and statistics show married drivers tend to file fewer claims.
• Raise physical damage deductibles and save – Physical damage coverage, also known as collision and other-than-collision, insures against damage to your Cadillac. Some instances where coverage would apply are a dented fender, hail damage, and damage from a fallen tree branch. Physical damage deductibles state the amount of money you are required to spend out-of-pocket before a claim is paid by your company. The more expense you have to pay, the less your company will charge you for insurance.

• Tickets cost more than a fine – Even one moving violation can bump up the cost substantially. Drivers with clean records tend to pay less for car insurance than their less careful counterparts. People who have severe tickets such as DUI or willful reckless driving may find that they have to to submit a SR-22 or proof of financial responsibility with their state motor vehicle department in order to prevent their license from being revoked.

  The chart below illustrates how violations and fender-benders influence Cadillac CTS insurance premiums for different categories of driver ages. The rates are based on a single male driver, comp and collision included, $1,000 deductibles, and no additional discounts are factored in.

• Insurance losses for a Cadillac CTS – Car insurance companies include the past claim trends for vehicles when setting rates for each model. Vehicles that the data determines to have higher number or severity of losses will have higher rates.

  The table below outlines the compiled insurance loss statistics for Cadillac CTS vehicles. For each policy coverage, the claim amount for all vehicles combined as an average is a value of 100. Values that are 100 or less indicate a favorable loss history, while percentages above 100 point to more claims or larger claims.

  
  

  Cadillac CTS Insurance Loss Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Cadillac CTS 4dr 2WD	123	72	118	73
  Cadillac CTS 4dr 4WD	127	75	98	75
  Cadillac CTS-V 2dr	174	74	135

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Statistics from IIHS.org for 2013-2015 Model Years

Your auto insurance coverage should be tailored to you

When it comes to choosing proper insurance coverage, there really is not a perfect coverage plan. You are unique.

These are some specific questions could help you determine whether or not you may require specific advice.

• Should I have a commercial auto policy?
• How does medical payments coverage work?
• Is my Cadillac CTS covered for smoke damage?
• Does my policy pay for OEM or aftermarket parts?
• Is my state a no-fault state?
• Is a new car covered when I drive it off the dealer lot?
• When can my company non-renew my policy?
• When does my teenage driver need to be added to my policy?
• What exactly is covered by my policy?
• What is an SR-22 filing?

If you’re not sure about those questions but you think they might apply to your situation, you might consider talking to a licensed agent. To find lower rates from a local agent, simply complete this short form. It is quick, free and can provide invaluable advice.

Buying from auto insurance agents

Many drivers would rather talk to an insurance agent and doing that can be a smart decision Licensed agents can help determine the best coverages and help file insurance claims. A nice benefit of comparing insurance prices online is that drivers can save money and get better rates but also keep your business local. Buying from local agencies is important particularly in Cleveland.

To make it easy to find an agent, after completing this simple form, your insurance coverage information is emailed to local insurance agents in Cleveland that provide free Cleveland auto insurance quotes for your insurance coverage. You don’t have to drive around since rate quotes are delivered to your email. If you wish to get a rate quote from a specific insurance company, you just need to go to their quote page and fill out their quote form.

Best car insurance agent in Cleveland

If you prefer to buy auto insurance from a reputable agency, it can be helpful to understand the types of agencies and how they function. Auto insurance policy providers can be categorized as either exclusive or independent. Both types of agents can insure your vehicles, but it’s important to know the subtle differences since it can impact your selection of an agent.

Independent Agents

Agents that elect to be independent do not work for one specific company so as a result can place your coverage through many different auto insurance companies and get the cheapest rates. If your agent finds better pricing, an independent agent can move your coverage which makes it simple for you. If you are comparing auto insurance prices, you definitely need to compare prices from several independent agencies for maximum quote selection. A lot of them also have access to smaller mutual companies which can save you money.

Shown below is a list of independent agents in Cleveland that can give you price quotes.

• Insurance Consultants Agency
  23980 Chagrin Blvd – Cleveland, OH 44122 – (216) 766-6300 – View Map
• Pilat Insurance Agency, Inc.
  5925 Ridge Rd – Cleveland, OH 44129 – (440) 888-1150 – View Map
• Tower Insurance
  15887 Snow Rd – Brook Park, OH 44142 – (216) 267-4466 – View Map

View more Cleveland agents

Exclusive Auto Insurance Agents

Exclusive agencies can usually just insure with one company and examples are State Farm or Allstate. These agents are unable to give you multiple price quotes so it’s a take it or leave it situation. Exclusive agents receive extensive training on sales techniques which helps them compete with independent agents. A lot of people choose to use an exclusive agent mainly due to the brand name and the convenience of having all coverages with one company.

The following is a short list of exclusive agents in Cleveland who can help you get price quotes.

• Allstate Insurance: Michael Wrobel
  17016 Lorain Ave – Cleveland, OH 44111 – (216) 812-5413 – View Map
• Franklin Myles – State Farm Insurance Agent
  3970 Mayfield Rd – Cleveland Heights, OH 44121 – (216) 291-9892 – View Map
• Robert Jones – State Farm Insurance Agent
  12405 Larchmere Blvd – Cleveland, OH 44120 – (216) 229-3276 – View Map

View more Cleveland agents

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

• Are they giving you every discount you deserve?
• Is vehicle mileage a factor when determining depreciation for repairs?
• If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
• Will they make sure you get an adequate claim settlement?
• Do the companies they represent have a solid financial rating?
• If your car is in the repair shop, do you have coverage for a rental car?

Auto insurance just makes sense

Despite the potentially high cost of Cadillac CTS insurance, buying auto insurance may not be optional for several reasons.

• Most states have mandatory insurance requirements which means state laws require a specific minimum amount of liability insurance if you don’t want to risk a ticket. In Ohio these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If you bought your CTS with a loan, more than likely the lender will stipulate that you buy full coverage to protect their interest in the vehicle. If you do not keep the policy in force, the lender may insure your Cadillac for a much higher rate and require you to fork over much more than you were paying before.
• Auto insurance protects your vehicle and your assets. It will also reimburse you for most medical and hospital costs incurred in an accident. One policy coverage, liability insurance, also pays expenses related to your legal defense if you cause an accident and are sued. If damage is caused by hail or an accident, your auto insurance policy will pay to repair the damage.

The benefits of carrying enough insurance outweigh the cost, specifically if you ever have a liability claim. Unknowingly, the average driver overpays more than $810 a year so you should quote your policy with other companies each time the policy renews to help ensure money is not being wasted.

Don’t give up on cheap premiums

When searching for affordable Cleveland auto insurance quotes, you should never sacrifice coverage to reduce premiums. In many instances, drivers have reduced liability limits or collision coverage and discovered at claim time that it was a big error on their part. The proper strategy is to purchase plenty of coverage at a price you can afford but still have enough coverage for asset protection.

You just learned many tips how you can compare Cadillac CTS insurance rates in Cleveland. It’s most important to understand that the more rate comparisons you have, the higher the chance of saving money. Drivers may even discover the lowest rates come from the least-expected company.

Lower-priced Cadillac CTS insurance in Cleveland is attainable on the web and from local agencies, so you need to shop Cleveland auto insurance with both to get a complete price analysis. Some insurance providers do not provide online rate quotes and most of the time these regional insurance providers sell through local independent agents.

How to buy lower priced Cadillac CTS insurance in Cleveland

The best way we recommend to quote cheaper Cadillac CTS insurance is to start comparing prices yearly from companies who provide car insurance in Cleveland.

1. Take a little time to learn about policy coverages and the things you can control to keep rates down. Many policy risk factors that cause rate increases like traffic citations and a lousy credit rating can be remedied by paying attention to minor details.
2. Obtain price quotes from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like GEICO and Allstate, while independent agencies can provide prices from multiple companies. Compare rates now
3. Compare the new rate quotes to the price on your current policy and determine if there is any savings. If you find a lower rate quote, make sure coverage is continuous and does not lapse.

A valuable tip to remember is that you’ll want to make sure you compare similar coverage information on every quote and to quote with every insurance company. This guarantees a fair rate comparison and the best price selection.

More detailed insurance information can be read in the articles below:

• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
• Who Has Cheap Car Insurance Rates for a Company Car in Cleveland? (FAQ)
• Who Has Cheap Car Insurance Quotes for Business Use in Cleveland? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for a Nissan Sentra in Cleveland? (FAQ)
• How Much are Auto Insurance Rates for Drivers Requiring a SR22 in Cleveland? (FAQ)
• Who Has Cheap Cleveland Car Insurance for a Toyota Tacoma? (FAQ)
• How Much are Car Insurance Rates for First-time Drivers in Cleveland? (FAQ)
• What Auto Insurance is Cheapest for Young Drivers in Cleveland? (FAQ)
• What Insurance is Cheapest for Real Estate Agents in Cleveland? (FAQ)
• How Much are Car Insurance Quotes for Immigrants in Cleveland? (FAQ)
• Who Has Cheap Auto Insurance for College Graduates in Cleveland? (FAQ)
• Who Has Affordable Car Insurance Rates for Drivers Under 21 in Cleveland? (FAQ)
• What is Full Coverage? (Allstate)
• No-Fault Auto Insurance Statistics (Insurance Information Institute)
• Prepare your Teens for Safe Driving (InsureUonline.org)