Car Insurance Rates for a Cadillac CTS in Seattle

How long has it been since you compared quotes for more competitive Cadillac CTS insurance in Seattle? There isn’t anyone who likes having to buy auto insurance, especially when they are aware that the prices are way too high.

Shockingly, the vast majority of auto insurance customers kept their coverage with the same auto insurance company for a minimum of four years, and just short of a majority have never even compared quotes to find affordable rates. Many consumers in Washington could cut their rates by 40% a year by just comparing quotes, but they don’t want to take the time to find affordable rates by getting comparison quotes.

Lots of insurers contend to insure your vehicles, so it can be very hard to choose a company and get the definite cheapest price on Cadillac CTS insurance in Seattle.

Consumers should take time to price shop coverage quite often because auto insurance prices are variable and change quite frequently. Just because you had the lowest quotes on Cadillac CTS insurance in Seattle a few years ago there is a good chance you can find better rates now. Ignore everything you know about auto insurance because you’re going to learn the proper way to save money, get proper coverage and the best rates.

To find more affordable quotes, there are a couple of ways to compare rate quotes from companies that offer car insurance in Washington. By far the easiest way to find affordable insurance rates is to jump online and get quotes.

Getting free quotes online is quite simple, and it replaces the need to drive to all the different Seattle insurance agencies. Comparing Cadillac CTS insurance rate quotes online reduces the need to sit down with an agent unless you require the professional assistance that only an agent can give. It is possible with some companies obtain prices from the web and still use a local agent. When quoting car insurance, remember that making a lot of price comparisons helps increase your odds of locating the best price. Not every company provides Seattle CTS insurance quotes over the internet, so it’s recommended that you also compare price quotes from the smaller companies as well.

The providers in the list below offer quotes in Seattle, WA. If multiple companies are listed, we recommend you visit several of them in order to get a fair rate comparison.

Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Washington minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Rate quotes do not factor in Seattle location which can affect prices greatly.

Cadillac CTS full coverage rates compared to liability only

The diagram below examines Cadillac CTS premium costs with and without physical damage coverage. The information is based on no driving violations, no at-fault accidents, $500 deductibles, single female driver, and no discounts are factored in.

When to switch to liability coverage only

There is no definitive formula of when to exclude full coverage, but there is a general convention. If the annual cost of your full coverage insurance is 10% or more of replacement cost minus your deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Cadillac CTS claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most your company will settle for is $4,000 after the policy deductible has been paid. If premiums are more than $400 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some conditions where only buying liability is not a good idea. If you still have a loan on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not eliminate full coverage.

Should you raise deductibles?

One frequently asked question is where should you set your physical damage deductibles. The comparisons below can help you visualize the differences in premium rates when you buy lower versus higher deductibles. The first set of rates uses a $250 physical damage coverage deductible and the second rate chart uses a $500 deductible.

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Washington minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Rate quotes do not factor in the specific area where the vehicle is garaged which can lower or raise premiums considerably.

Based on this data, we can arrive at the conclusion that using a $250 deductible will cost in the ballpark of $15 more each month or $180 a year than quoting the higher $500 deductible. Since you would have to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you average at a minimum 17 months between claim filings, you would most likely save money by selecting a higher deductible.

One important caveat is that higher deductibles results in more money out-of-pocket when you have a claim. It will be required that you have some savings in the event you have to pay the higher deductible.

Car insurance premiums based on gender

The chart below visualizes the comparison of Cadillac CTS yearly insurance costs for male and female drivers. Data assumes no violations or accidents, full coverage, $250 deductibles, drivers are not married, and no discounts are applied.

Discounts for cheaper car insurance quotes

The price of auto insurance can be rather high, but you may qualify for discounts that you may not know about. Some of these discounts will be visible when you purchase, but a few must be manually applied before you get the savings.

• Buy New and Save – Buying insurance coverage on a new vehicle can cost up to 25% less since newer models are generally safer.
• Passive Restraint Discount – Factory air bags can qualify for discounts up to 30%.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them take driver’s ed class as it can save substantially.
• Mature Driver Discount – Drivers that qualify as senior citizens can possibly qualify for a slight reduction on a Seattle auto insurance quote.
• No Claim Discounts – Insureds with no claims or accidents get the best car insurance rates compared to drivers with a long claim history.
• Accident Waiver – This one isn’t a discount, but some companies like Liberty Mutual and GEICO will allow you to have one accident before they charge you more for coverage so long as you haven’t had any claims prior to the accident.

Keep in mind that many deductions do not apply to the entire cost. Most cut specific coverage prices like comprehensive or collision. If you do the math and it seems like you could get a free car insurance policy, it doesn’t quite work that way.

Large car insurance companies and a summarized list of policyholder discounts are:

• American Family has savings for Steer into Savings, TimeAway discount, good driver, defensive driver, early bird, accident-free, and air bags.
• State Farm may include discounts for Steer Clear safe driver discount, Drive Safe & Save, safe vehicle, anti-theft, and passive restraint.
• 21st Century has discounts for anti-lock brakes, driver training, automatic seat belts, teen driver, good student, homeowners, and air bags.
• Travelers offers premium reductions for student away at school, multi-car, hybrid/electric vehicle, multi-policy, new car, and payment discounts.
• GEICO includes discounts for air bags, daytime running lights, good student, anti-theft, anti-lock brakes, and emergency military deployment.

Before buying, ask every company the best way to save money. Some of the discounts discussed earlier may not apply to policyholders in Seattle. To see a list of insurance companies with the best discounts in Washington, follow this link.

What Impacts Cadillac CTS Insurance Rates?

Many things are part of the equation when you get your auto insurance bill. Some are pretty understandable such as your driving history, although some other factors are not as apparent like your continuous coverage and annual miles driven.

Listed below are just a few of the factors used by companies to determine your prices.

• Prevent coverage lapses – Driving without insurance coverage in place is against the law and as a result your rates will increase for letting your coverage cancel without a new policy in place. In addition to paying higher rates, not being able to provide proof of insurance can result in a steep fine or even jail time.
• Teenagers are high risk – Young drivers in Washington are statistically proven to get distracted easily when behind the wheel and because of this, their insurance rates are much higher. Having to add a teen driver to your policy can break the bank. Mature drivers are viewed as being more responsible, cost insurance companies less in claims, and get fewer tickets.
• Do you really need to file that policy claims? – If you are the type of insured that files lots of claims you can expect much higher rates or policy non-renewal. Auto insurance companies in Washington give lower rates to insureds who do not rely on their insurance for small claims. Your insurance policy is designed for more catastrophic claims.
• Your address can impact price – Being located in smaller towns and rural areas of the country can save you money when shopping for auto insurance. Drivers who live in large cities have congested traffic and longer commute times. Fewer drivers on the road translates into fewer accidents in addition to lower liability claims
• The type of car makes a difference – The make and model of the car, truck or SUV you own makes a substantial difference in your auto insurance rates. Since the Cadillac CTS is considered a luxury sports car, insurance will be up to twice as much than the average rate where you live in Seattle. Lower performance four cylinder passenger cars usually are quite affordable to insure, but the final cost of insurance is determined by many other factors.
• Car insurance liability insurance limits – A critical coverage on your policy, liability insurance kicks in if a court rules you are at fault for causing personal injury or damage in an accident. It will provide for a legal defense which can be incredibly expensive. Liability is cheap compared to physical damage coverage, so do not skimp.
• Cadillac CTS statistical loss data – Insurers include the past claim trends for vehicles when they file their rates in each state. Vehicles that the data determines to have a higher amount or frequency of claims will have higher rates for specific coverages. The table below illustrates the historical insurance loss data for Cadillac CTS vehicles.

  For each insurance policy coverage type, the claim probability for all vehicles combined as an average is set at 100. Values under 100 suggest a better than average loss history, while values that are 100 or greater indicate more frequent claims or tendency to have larger claims.

  Cadillac CTS Insurance Loss Statistics

  Specific Cadillac 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

When should I have guidance from an agent?

A small number of people still like to visit with an insurance agent and that is a smart decision One of the benefits of comparing car insurance online is the fact that drivers can get lower rates but also keep your business local.

To help locate an agent, after submitting this simple form, your insurance coverage information is sent to insurance agents in Seattle that can give you free Seattle auto insurance quotes for your business. You never need to even leave your home because prices are sent to the email address you provide. You’ll get the best rates AND an agent nearby. In the event you want to get a comparison quote from a specific company, you just need to find their quoting web page and fill out their quote form.

Finding the right insurer requires you to look at more than just the quoted price. The answers to these questions are important, too.

• Can they provide you with a list of referrals?
• What are their preferred companies if they are an independent agency?
• Does the agent have a valid license to sell insurance in Washington?
• How often do they review coverages?
• If your car is in the repair shop, do you have coverage for a rental car?
• If your car is totalled, how to they determine the replacement cost?

The different types of auto insurance agents

If you want to use a local agent, you must know there are a couple different agency structures and how they function. Car insurance agencies can be categorized as either independent agents or exclusive agents depending on their employer.

Exclusive Agents

Agents in the exclusive channel can only write with one company such as AAA, State Farm, Farmers Insurance, and Allstate. They generally cannot provide other company’s prices so they are skilled at selling on more than just price. Exclusive agents are usually quite knowledgeable on sales techniques and that enables them to sell even at higher rates.

Listed below is a short list of exclusive agencies in Seattle willing to provide price quote information.

View more Seattle agents

Independent Car Insurance Agents

Independent agents can sell policies from many different companies so they have the ability to put coverage with an assortment of companies and get you the best rates possible. If they find a cheaper price, they simply move your policy to a different company and that require little work on your part. When comparing rate quotes, you will definitely want to get insurance quotes from several independent agencies in order to compare the most rates.

Below are independent insurance agents in Seattle willing to provide comparison quotes.

View more Seattle agents

How much auto insurance do I need?

When buying adequate coverage, there is no best way to insure your cars. Every situation is different.

These are some specific questions can aid in determining whether you may require specific advice.

• Can I get a multi-policy discount?
• Am I covered if I wreck a rental car?
• If my Cadillac CTS is totaled, can I afford another vehicle?
• What can I do if my company denied a claim?
• What happens if I owe more than my Cadillac CTS is worth?
• Do I get a pro-rated refund if I cancel my policy early?
• Should I have a commercial auto policy?
• Are my custom wheels covered?
• What is an umbrella policy?
• What is motorclub and do I need it?

If it’s difficult to answer those questions, you might consider talking to a licensed agent. To find an agent in your area, complete this form.

Switch companies and save? Really?

Well-known car insurance companies like State Farm and Allstate constantly bombard you with ads in print and on television. All the companies advertise claims that people will save if you get a free Seattle auto insurance quote and switch your car insurance coverage to their company. How does every company lower your prices? It’s all in how they say it.

All companies have specific characteristics for a prospective insured they prefer to insure. For instance, a preferred risk might be over age 30, has no driving citations, and drives less than 7,500 miles a year. Any driver that meets those criteria receives the best premium rates in Seattle and will most likely save when switching.

Insureds who fall outside the requirements will be charged higher premium rates which leads to the customer not buying. If you listen to the ad wording, they say “people who switch” not “everybody who quotes” can get the lowest rates when switching. That’s the way companies can make claims that they all have the best premium rates. That is why you should compare rate quotes every year. It is just not possible to predict the company that will fit you best based on your risk profile.

The best rates come from being thorough

As you go through the steps to switch your coverage, it’s very important that you do not buy less coverage just to save a little money. Too many times, an accident victim reduced collision coverage only to regret that they should have had better coverage. The ultimate goal is to buy enough coverage at an affordable rate and still be able to protect your assets.

Low-cost Cadillac CTS insurance in Seattle is attainable on the web as well as from independent agents in Seattle, and you should compare price quotes from both to have the best selection. There are still a few companies who do not offer price quotes online and many times these small insurance companies work with independent insurance agents.

We just presented many ways to reduce Cadillac CTS insurance prices online in Seattle. The key concept to understand is the more rate quotes you have, the better likelihood of getting inexpensive Seattle auto insurance quotes. You may even be surprised to find that the biggest savings come from some of the lesser-known companies.

More detailed auto insurance information can be read at these sites:

• New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)
• Who Has Affordable Seattle Car Insurance for High School Students? (FAQ)
• What Insurance is Cheapest for a Subaru Outback in Seattle? (FAQ)
• How Much are Seattle Car Insurance Rates for State Employees? (FAQ)
• What Insurance is Cheapest for a Chevrolet Equinox in Seattle? (FAQ)
• Tread Depth and Tire Safety (State Farm)
• How Much Auto Coverage do I Need? (Insurance Information Institute)