Cheapest Insurance for a Cadillac CTS in Denver

Are you researching cheaper Cadillac CTS insurance in Denver? Cutting costs on Cadillac CTS insurance in Denver is always kind of frustrating for drivers who have little experience online comparison shopping. With a ridiculous number of insurance companies available, it can quickly become a lot of work to find cheaper Cadillac CTS insurance rates.

A study showed that a large majority of drivers kept buying from the same company for over three years, and virtually 40% of consumers have never compared auto insurance rates at all. With the average premium in the United States being $1,847, drivers could cut their rates by almost $850 a year, but most just don’t grasp the rate savings if they just switched companies.

Get cheaper Cadillac CTS insurance rates in Denver

Companies that sell car insurance do not advertise every possible discount in a way that’s easy to find, so the list below details some of the more common and also the more inconspicuous discounts that may be available.

• Accident Waiver – Not necessarily a discount, but companies like GEICO, Progressive, and Allstate allow you one accident before hitting you with a surcharge so long as you are claim-free before the accident.
• E-sign – A few larger online companies will discount your bill up to fifty bucks just for signing your application online.
• Student Discount for Driver Training – It’s a good idea to have your young drivers enroll in driver’s education as it can save substantially.
• Military Discounts – Being on active deployment in the military could mean lower premium rates.
• Payment Method – If you pay your entire premium ahead of time rather than paying in monthly installments you could save 5% or more.
• Multi-car Discount – Buying insurance for multiple vehicles with one company qualifies for this discount.
• Theft Deterrent System – Cars optioned with advanced anti-theft systems help deter theft so companies will give you a small discount.
• Telematics Data Discounts – Denver drivers who agree to allow driving data collection to analyze driving manner by installing a telematics device such as State Farm’s In-Drive could possibly reduce rates as long as the data is positive.
• Drive Safe and Save – Insureds who avoid accidents could pay up to 40% less than drivers with accidents.

Discounts save money, but please remember that most of the big mark downs will not be given to the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

To view providers with the best discounts in Denver, click here to view.

To find affordable Cadillac CTS insurance quotes, there are several ways to get quotes from different companies. The easiest way by far to find affordable Cadillac CTS insurance rates consists of obtaining rate quotes online. Just remember that comparing more prices increases your odds of finding a better price. Not every company provides online price quotes, so it’s recommended that you also compare prices from them, too.

The providers in the list below are our best choices to provide free rate quotes in Colorado. If multiple providers are shown, we recommend you get prices from several of them to get a more complete price comparison.

Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in specific location information which can affect premiums greatly.

Policy deductible comparison

When comparing car insurance rates, the most common question is which deductibles should you choose. The premium rates below show the price difference when you buy lower versus higher insurance deductibles. The first set of prices uses a $100 physical damage deductible and the second data table uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can lower or raise auto insurance rates greatly.

Based on the data above, we can derive that using a $100 deductible will cost in the ballpark of $43 more each month or $516 a year than opting for the higher $1,000 deductible. Because you would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 21 months between claims, you would more than likely save some money if you choose the higher deductible.

An important sidenote is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you file a claim. You must have enough extra savings in the event you need to pay more to get your vehicle repaired.

Difference between full coverage and liability only rates

The information below shows the difference between Cadillac CTS insurance costs with full coverage compared to only the Colorado minimum liability coverage. The rate quotes are based on no claims, a clean driving record, $250 deductibles, single female driver, and no policy discounts are applied.

When to stop buying physical damage coverage

There is no definitive guideline for dropping comp and collision coverage, but there is a general school of thought. If the annual cost of having full coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Cadillac CTS claim settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $3,000 after paying your deductible. If it’s costing you more than $300 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some circumstances where dropping full coverage is not advised. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Local agents and auto insurance

Certain consumers would prefer to visit with an insurance agent and that can be a smart move One of the great benefits of getting online price quotes is you may find cheap auto insurance quotes and still have an agent to talk to.

Once you complete this simple form, your coverage information is emailed to local insurance agents who will gladly provide quotes for your auto insurance coverage. You never need to do any legwork because quoted prices will be sent to the email address you provide. You can find the lowest rates without a big time investment. If for some reason you want to get a price quote from a specific auto insurance provider, you just need to navigate to their website and give them your coverage information.

Choosing an insurer shouldn’t rely on just the bottom line cost. The following questions are important to ask.

• Do they review policy coverages at every renewal?
• Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
• Do they have adequate Errors and Omissions coverage? This protects you if they make a mistake.
• What company do they have the most business with?
• What discounts might you be missing?

Types of car insurance agents

When looking for a local insurance agency, it’s important to understand the different types of agents and how they differ in how they can insure your vehicles. Denver agents may be either independent or exclusive depending on the company they work for.

Exclusive Insurance Agents

Exclusive agents generally can only insure with one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot compare rates from other companies so keep that in mind. Exclusive agents are well trained on their products and sales techniques which aids in selling service over price. Some insured continue to purchase coverage from exclusives mostly because of high brand loyalty and the convenience of having a single billing for all their coverages.

Shown below is a short list of exclusive insurance agencies in Denver who can help you get rate quotes.

• Rick Emerson Jr. – State Farm Insurance Agent
  4800 Happy Canyon Rd #230 – Denver, CO 80237 – (303) 781-1133 – View Map
• Farmers Insurance Agent Mike
  I-25 – Denver, CO 80231 – (303) 752-2900 – View Map
• Val Laskowski – State Farm Insurance Agent
  5353 W Dartmouth Ave #410 – Denver, CO 80227 – (303) 987-8849 – View Map

More insurance agents

Independent Agents (or Brokers)

Independent agencies often have affiliation with several companies so they can insure your vehicles with many different companies and find you cheaper rates. To move your coverage to a new company, the business is moved internally without you having to go to a different agency.

When comparing auto insurance prices, it’s a good idea to get insurance quotes from at least one independent agent to get the best comparison. Most also write with companies that do not advertise much which can save you money.

Below is a short list of independent insurance agencies in Denver who can help you get comparison quotes.

• Longevity Insurance Brokers
  100 Fillmore St – Denver, CO 80206 – (720) 209-4598 – View Map
• A Complete Home and Auto Insurance Agency
  44 Cook St #100 – Denver, CO 80206 – (303) 650-0060 – View Map
• Premier Group Insurance
  1777 W 38th Ave #102 – Denver, CO 80211 – (303) 477-0505 – View Map

More insurance agents

Do the work, save more money

Consumers who switch companies do it for many reasons like an unsatisfactory settlement offer, unfair underwriting practices, poor customer service or even delays in paying claims. Regardless of your reason for switching companies, finding a great new company is easier than you think.

In this article, we covered some good ideas how to get a better price on Cadillac CTS insurance in Denver. It’s most important to understand that the more quotes you get, the higher your chance of finding inexpensive Denver auto insurance quotes. You may even be surprised to find that the lowest rates come from some of the lesser-known companies.

Some insurance companies do not offer internet price quotes and usually these regional carriers only sell coverage through local independent agents. The cheapest Cadillac CTS insurance in Denver can be found both online in addition to many Denver insurance agents, and you should be comparing both to have the best rate selection.

Additional information can be read on the following sites:

• Five Tips to Save on Auto Insurance (Insurance Information Institute)
• Who Has Cheap Car Insurance for Electric Cars in Denver? (FAQ)
• Who Has Cheap Auto Insurance Quotes for Hybrid Vehicles in Denver? (FAQ)
• Who Has Cheap Auto Insurance for Unemployed Drivers in Denver? (FAQ)
• Who Has Cheap Car Insurance Quotes for Handicapped Drivers in Denver? (FAQ)
• What is Full Coverage? (Allstate)
• Understanding Your Insurance Deductible (Insurance Information Institute)
• What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
• Medical Payments Coverage (Liberty Mutual)