Cadillac Escalade EXT Insurance Rate Quotes in Los Angeles

Have you fallen victim to an expensive car insurance policy? You’re in good company because many Los Angeles drivers feel the same as you.

Unbelievably, most car insurance customers have purchased from the same company for well over three years, and nearly half have never compared rates to find cheap insurance. With the average car insurance premium being $1,387, Los Angeles drivers could cut their rates by 35% a year by just comparing quotes, but they just don’t understand how easy it is to find cheap car insurance rates.

Big-name insurance companies like State Farm, Allstate, GEICO and Progressive constantly blast consumers with ads and it is difficult to see through the cute green geckos and mayhem and find the best price available.

All major insurance companies such as State Farm, GEICO and Progressive make it easy to get prices for coverage directly from their websites. This process doesn’t take a lot of time as you simply enter your coverage preferences on the page. Once entered, the quote system orders your driving record and credit report and generates a price based on these factors. Quoting online for Cadillac Escalade EXT insurance in Los Angeles makes it easy to compare insurance prices and it is imperative to have as many quotes as possible in order to get cheaper insurance pricing.

If you want to find out if lower rates are available, compare rate quotes from the providers shown below. If you have your current policy handy, we recommend you input deductibles and limits just like they are on your policy. This makes sure you will have rate quotes using the exact same coverages.

The auto insurance companies shown below are our best choices to provide free quotes in California. If multiple providers are shown, it’s a good idea that you get rates from several of them to get the best price comparison.

Score discounts on Los Angeles car insurance

Car insurance companies don’t list all their discounts in an easy-to-find place, so we researched both well-publicized and also the more inconspicuous discounts you could be receiving when you buy Los Angeles car insurance online.

• Homeowners Savings – Owning a home in Los Angeles may trigger a policy discount on car insurance because owning a home is proof that your finances are in order.
• Passive Restraints and Air Bags – Vehicles with factory air bags and/or automatic seat belt systems can qualify for discounts of 20 to 30 percent.
• College Student Discount – Older children living away from Los Angeles attending college and leave their car at home may be insured at a cheaper rate.
• Anti-lock Brakes – Cars with ABS braking systems or traction control can reduce accidents and the ABS can save up to 10%.
• Professional Organizations – Joining certain professional organizations could trigger savings on your bill.
• Multi-car Discount – Buying coverage for all your vehicles with the same company can reduce the rates for all insured vehicles.
• Fewer Miles Equal More Savings – Fewer annual miles on your Cadillac could qualify for lower prices on the low mileage vehicles.

As a sidenote, most discount credits are not given to the whole policy. The majority will only reduce the cost of specific coverages such as medical payments or collision. Even though the math looks like it’s possible to get free car insurance, company stockholders wouldn’t be very happy. But any discount will help reduce your policy premium.

The example below shows the comparison of Cadillac Escalade EXT insurance costs with and without discounts applied to the premium. The prices are based on a female driver, no tickets, no at-fault accidents, California state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, homeowner, multi-policy, safe-driver, and claim-free discounts applied.

If you would like to view insurance companies with the best Cadillac Escalade EXT insurance discounts in Los Angeles in California, click this link.

Rates and data analysis

The premium information shown below covers detailed analysis of insurance prices for Cadillac Escalade EXT models. Knowing how policy rates are figured can assist in making decisions on which coverage to buy.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and California minimum liability limits. Discounts applied include claim-free, multi-vehicle, safe-driver, homeowner, and multi-policy. Table data does not factor in your specific Los Angeles location which can decrease or increase coverage rates greatly.

Higher deductibles lower rates

One frequently asked question is how low should you set your deductibles. The premium rates below approximate the differences in premium rates when you buy lower versus higher coverage deductibles. The first rate comparisons uses a $100 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Price estimates do not factor in Los Angeles location which can decrease or increase prices considerably.

Based on this data, using a $100 deductible would cost the average driver about $65 more each month or $780 annually across all Cadillac Escalade EXT models than requesting the higher $1,000 deductible. Because you would be required to pay $900 more if you turn in a claim with a $1,000 deductible as compared to a $100 deductible, if you have at a minimum 14 months between claims, you would probably be better off going with the higher deductible.

The chart below highlights how deductible selection and can raise or lower Cadillac Escalade EXT premium costs for different age categories. The premium estimates are based on a married male driver, comprehensive and collision coverage, and no other discounts are factored in.

Careless drivers pay higher rates

The chart below highlights how traffic violations and at-fault accidents can impact Cadillac Escalade EXT insurance costs for each age group. The premiums are based on a single male driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.

Cadillac Escalade EXT insurance premiums by gender

The information below illustrates the comparison of Cadillac Escalade EXT auto insurance rates for male and female drivers. The premiums assume no claims or driving violations, full coverage, $100 deductibles, drivers are single, and no policy discounts are applied.

Cadillac Escalade EXT full coverage rates compared to liability only

The diagram below compares Cadillac Escalade EXT yearly insurance costs with liability coverage only compared to full coverage. The premiums are based on no claims or driving violations, $1,000 deductibles, single status, and no other discounts are factored in.

When to stop paying for full coverage

There is no definitive guideline to stop buying full coverage on your policy, but there is a guideline you can use. If the yearly cost for physical damage coverage is more than around 10% of the vehicle’s replacement cost less your deductible, then it may be the right time to buy liability only.

For example, let’s say your Cadillac Escalade EXT replacement value is $7,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would receive is $6,000 after the policy deductible has been paid. If it’s costing in excess of $600 annually for full coverage, then it might be time to consider dropping full coverage.

There are some scenarios where buying only liability insurance is not a good plan. If you still have a loan on your vehicle, you have to carry full coverage in order to keep the loan. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should not eliminate full coverage.

What Determines Cadillac Escalade EXT Insurance Rates?

Multiple criteria are part of the calculation when premium rates are determined. Some factors are common sense such as traffic violations, although others are not as apparent like your vehicle usage or your financial responsibility.

• Use credit responsibly and save – Having a bad credit history can be an important factor in determining your rates. People that have good credit tend to be better drivers and file fewer claims than drivers with bad credit. If your credit score could use some work, you could save money insuring your Cadillac Escalade EXT by taking the time to improve your credit score.
• Insurance companies don’t like frequent policy claims – If you are a frequent claim filer, you shouldn’t be surprised to get higher rates. Companies in California award the lowest premiums to drivers who are not frequent claim filers. Your insurance policy is designed for claims that you cannot pay yourself.
• Lower stress equals lower premiums – Jobs such as fire fighters, architects, and emergency personnel have the highest average rates because of stressful work requirements and lots of time spent at work. Conversely, careers such as farmers, athletes and retirees have the lowest average rates.
• Uninterrupted coverage lowers premiums – Having an insurance coverage lapse will be a sure-fire way to increase your auto insurance rates. And not only will insurance be more expensive, failure to provide proof of insurance may result in a hefty fine and possibly a revoked license. You could then be forced to submit proof of financial responsibility or a SR-22 with the California DMV.
• Don’t cut corners with liability insurance – Your auto insurance policy’s liability coverage kicks in when you are determined to be liable for causing damage or personal injury in an accident. It will provide for a legal defense which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to other policy coverages, so drivers should buy more than the minimum limits required by law.

• How your age affects costs – Teen drivers in California have a tendency to be careless and easily distracted in a vehicle so auto insurance rates are higher. More mature drivers have been proven to be more responsible, tend to file fewer claims, and are generally more financially stable.

  The following data uses these assumptions: single driver, full coverage with $100 deductibles, and no discounts or violations.

• Low comp and collision deductibles cost more – Comp and collision deductibles are the amount of money the insured will be required to pay if a covered claim is submitted. Coverage for physical damage, also called comprehensive and collision insurance, insures against damage to your car. Some instances where coverage would apply would be a windshield broken by a bird, damage from fire, and having a roll-over accident. The more you are required to pay out-of-pocket, the better rate you will receive.

Car insurance quotes from local neighborhood Los Angeles car insurance agents

Many people prefer to sit down and talk to an agent and doing so can bring peace of mind The biggest benefit of getting online price quotes is that drivers can save money and get the lowest rates but still work with a licensed agent.

To help locate an agent, after submitting this quick form, your information is instantly submitted to companies in Los Angeles who will give you quotes to get your business. It’s much easier because you don’t need to contact any agents because prices are sent directly to you. You can find the lowest rates without the usual hassles of price shopping. If you need to quote rates for a specific company, you just need to go to their quote page and fill out their quote form.

Finding the right provider needs to be determined by more than just the premium amount. You should also get answers to these questions.

• Will a damage claim use OEM or aftermarket replacement parts?
• Is the agent and/or agency licensed to do business in California?
• Does the company have a local claim office in Los Angeles?
• If your car is totaled, how to they determine the replacement cost?
• Does the company have a solid financial rating?
• Can glass claims be handled at your home?

Different types of auto insurance agents in Los Angeles

If you would like to find a local Los Angeles insurance agency, you must know there are a couple different types of agencies and how they differ in how they can insure your vehicles. Agents are considered either independent (non-exclusive) or exclusive.

Exclusive Insurance Agents

Exclusive agencies work for only one company and examples are State Farm, Allstate, and Farm Bureau. Exclusive agents cannot provide prices from multiple companies so always compare other rates. Exclusive agencies are usually well trained on their products and sales techniques which can be an advantage.

Listed below are Los Angeles exclusive agencies who may provide you with rate quotes.

More Los Angeles agents

Independent Agents (or Brokers)

Agents of this type do not have single company limitations and that allows them to write policies with multiple insurance companies and get the cheapest rates. If they quote lower rates, they simply switch companies in-house and you can keep the same agent.

If you need lower rates, it’s recommended you get rate quotes from at least one independent agent to get the best comparison.

Below are Los Angeles independent agencies who can help you get comparison quotes.

More Los Angeles agents

In the end, you can save money

As you restructure your insurance plan, make sure you don’t buy less coverage just to save a little money. There have been many cases where consumers will sacrifice liability limits or collision coverage only to regret at claim time that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at the best cost and still be able to protect your assets.

A few companies do not offer internet price quotes and these small insurance companies only sell coverage through independent insurance agencies. Budget-friendly insurance in Los Angeles can be purchased from both online companies as well as from independent agents in Los Angeles, and you need to price shop both to have the best chance of lowering rates.

We just presented some good ideas how you can find cheaper Cadillac Escalade EXT insurance in Los Angeles. The most important thing to understand is the more rate comparisons you have, the higher your chance of finding affordable Cadillac Escalade EXT insurance quotes. Consumers could even find that the best rates are with a small mutual company. Smaller companies may often insure only within specific states and give better rates than their larger competitors like Allstate and Progressive.

More information is located at these links:

• Distracted Driving Statistics (Insurance Information Institute)
• How Much are Car Insurance Quotes for a Honda Pilot in Los Angeles? (FAQ)
• What Auto Insurance is Cheapest for a Toyota 4Runner in Los Angeles? (FAQ)
• Rearview cameras reduce backing crashes (Insurance Institute for Highway Safety)
• How Does Hitting a Deer Impact Insurance Rates? (Allstate)
• Side Impact Crash Tests (iihs.org)