Find Affordable Cadillac Escalade Insurance in Boston

Astonishing but true, a large majority of drivers have purchased from the same company for at least four years, and nearly the majority have never shopped around. The average driver in the United States could save 46.5% a year by just shopping around, but most undervalue the amount of savings they would get if they switch to a new company.

The easiest way to find more affordable Cadillac Escalade insurance is to regularly compare prices from providers in Boston. This can be done by following these guidelines.

1. Spend a few minutes and learn about auto insurance and the factors you can control to keep rates low. Many rating criteria that increase rates such as traffic violations and a less-than-favorable credit history can be amended by making small lifestyle or driving habit changes.
2. Quote rates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can provide rates from one company like Progressive or Allstate, while agents who are independent can give you price quotes from multiple companies.
3. Compare the new quotes to your current policy to see if switching to a new carrier will save money. If you can save some money and switch companies, make sure there is no lapse in coverage.
4. Give notification to your current company to cancel your current policy and submit the required down payment along with the signed application to the new insurer. Immediately place your new certificate of insurance in an accessible location in your vehicle.

One thing to remember is to make sure you enter similar deductibles and liability limits on each price quote and and to get rates from as many companies as possible. Doing this helps ensure a level playing field and a thorough price selection.

It’s important to know that getting more free quotes increases the chance that you will find a lower rate. Not every company allows you to get online Boston Escalade insurance quotes, so it’s important to also get price estimates from them, too.

The companies shown below have been selected to offer free rate quotes in Massachusetts. To get cheap auto insurance in Boston, MA, we suggest you visit two to three different companies in order to get a fair rate comparison.

Analysis of Cadillac Escalade rates

The coverage information displayed next highlights estimates of insurance coverage prices for Cadillac Escalade models. Having a better understanding of how insurance premiums are determined can be valuable when making decisions on which coverage to buy.

Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Estimates do not factor in specific Boston garaging location which can modify premium rates noticeably.

Higher deductibles save money

One of the hardest decisions when shopping for car insurance is how high should your deductibles be. The figures shown below help summarize the rate differences between low and high deductibles. The first pricing table uses a $250 deductible for physical damage and the second price grid uses a $500 deductible.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, and Massachusetts minimum liability limits. Discounts applied include multi-policy, multi-vehicle, homeowner, safe-driver, and claim-free. Prices do not factor in specific zip code location which can affect coverage rates noticeably.

Based on the data above, we can derive that using a $250 deductible will cost in the ballpark of $19 more each month or $228 each year than opting for the higher $500 deductible. Because you would pay $250 more to file a claim with a $500 deductible as compared to a $250 deductible, if you tend to average more than 13 months between claim filings, you would more than likely save some money if you choose the higher deductible.

The information below illustrates how your deductible choice and can increase or decrease Cadillac Escalade premium costs for different age groups of insureds. The data is based on a single male driver, comprehensive and collision coverage, and no discounts are factored in.

Insurance is not optional

Despite the high cost of buying insurance for a Cadillac Escalade in Boston, buying insurance is required for several reasons.

• Most states have compulsory liability insurance requirements which means it is punishable by state law to not carry a minimum amount of liability insurance coverage in order to drive the car legally. In Massachusetts these limits are 20/40/5 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your vehicle has a loan, it’s most likely the lender will require that you buy insurance to protect their interest in the vehicle. If you cancel or allow the policy to lapse, the bank may insure your Cadillac at a more expensive rate and require you to fork over for it.
• Insurance safeguards your vehicle and your assets. It will also reimburse you for many types of medical costs that are the result of an accident. Liability insurance, one of your policy coverages, also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If damage is caused by hail or an accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage minus the deductible amount.

The benefits of buying enough insurance greatly outweigh the cost, especially if you ever need it. Unknowingly, the average driver overpays more than $700 annually so compare quotes from several companies once a year at a minimum to ensure rates are inline.

Lower Your Boston Insurance Rates

Lots of things are used in the calculation when you get a price on insurance. Some are obvious such as traffic violations, but other criteria are less apparent such as whether you are married or your financial responsibility. A large part of saving on auto insurance is knowing a few of the rating criteria that come into play when calculating the level of your policy premiums. If you have a feel for what determines premiums, this allows you to make good choices that can earn you lower auto insurance prices.

Shown below are a few of the “ingredients” utilized by car insurance companies to help set your premiums.

Bundle policies with the same company – Lots of companies will award a discount to policyholders who buy several policies from them in the form of a multi-policy discount. Even with this discount applied, drivers will still want to check prices from other companies to ensure the best deal.

Single drivers take more risk – Walking down the aisle can get you a discount compared to being single. It translates into being more stable financially and statistics show married couples file fewer claims.

Extra coverages you don’t use – Policies have extra coverages that you can get tricked into buying on your Escalade policy. Add-on coverages like rental car reimbursement, towing coverage, and extra life insurance coverage are probably not needed. These coverages may sound good when talking to your agent, but your needs may have changed so consider taking them off your policy.

How your age affects prices – Drivers with little experience are statistically proven to be careless and easily distracted behind the wheel therefore auto insurance rates are much higher. Older, more experienced drivers are proven to be safer behind the wheel, cause fewer claims and accidents, and receive fewer citations.

The data below assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

Careless drivers pay higher rates – Only having one moving violation may increase your cost by twenty percent. Good drivers pay lower auto insurance prices than their less careful counterparts. Drivers with careless tickets such as DUI or willful reckless driving may need to complete a SR-22 with their state in order to prevent their license from being revoked.

The example below highlights how traffic violations and at-fault fender-benders drive up Cadillac Escalade auto insurance rates for different age groups. The price estimates are based on a married female driver, full physical damage coverage, $250 deductibles, and no discounts are taken into consideration.

Performance influences premiums – The make and model of the car you own makes a substantial difference in your premium level. Smaller low performance passenger cars usually are quite affordable to insure, but many other things help determine your insurance rates.

The data below is based on a married female driver age 40, full coverage with $100 deductibles, and no discounts or violations. The chart compares Cadillac Escalade policy rates compared to other makes and models that have different performance rating factors.

Cadillac Escalade claim statistics – Companies analyze historical claim data in order to profitably underwrite each model. Models that the data determines to have increased claim numbers or amounts will cost more for coverage. The table below illustrates the historical insurance loss data for Cadillac Escalade vehicles.

For each coverage category, the claim amount for all vehicles, regardless of make or model, is a value of 100. Values that are under 100 are indicative of better than average losses, while numbers above 100 show a trend for more claims or larger claims.

Car insurance policy discounts you can’t miss

Car insurance can cost a lot, but discounts can save money and there are some available that many people don’t even know exist. Some discounts will apply when you complete an application, but some discounts are required to be asked for before you will receive the discount.

• Discount for Home Ownership – Just being a homeowner can earn you a little savings since owning and maintaining a home requires personal responsibility.
• ABS Brakes – Cars and trucks equipped with ABS or steering control can stop better under adverse conditions and therefore earn up to a 10% discount.
• Good Grades Discount – Performing well in school can earn a discount of 20% or more. Earning this discount can benefit you well after school through age 25.
• Low Mileage – Maintaining low annual mileage can qualify you for cheaper prices.
• Accident Forgiveness Coverage – This isn’t a discount exactly, but some companies like Progressive, Allstate, and GEICO will allow you to have one accident before raising your premiums as long as you don’t have any claims prior to being involved in the accident.

One thing to note about discounts is that most discount credits are not given to your bottom line cost. A few only apply to individual premiums such as medical payments or collision. So even though you would think all the discounts add up to a free policy, nobody gets a free ride.

The example below illustrates the difference between Cadillac Escalade auto insurance costs with and without discounts applied to the policy premium. The data is based on a female driver, no claims, a clean driving record, Massachusetts state minimum liability limits, comp and collision included, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, marriage, homeowner, multi-policy, and multi-car discounts applied.

The best car insurance companies and some of their more popular discounts can be read below.

• AAA may include discounts for anti-theft, education and occupation, multi-car, multi-policy, good student, and good driver.
• Progressive offers discounts including multi-policy, online signing, homeowner, continuous coverage, and online quote discount.
• State Farm may have discounts that include multiple autos, multiple policy, anti-theft, safe vehicle, passive restraint, and Steer Clear safe driver discount.
• Esurance has savings for DriveSense, online quote, multi-policy, safety device, paid-in-full, multi-car, and renters.
• Nationwide offers discounts for defensive driving, anti-theft, Farm Bureau membership, accident-free, and family plan.

Before buying, ask each insurance company which credits you are entitled to. All car insurance discounts might not be offered everywhere. To locate car insurance companies that offer multiple discounts in Boston, click here to view.

Local Boston car insurance agents and insurance

Some people prefer to have an agent’s advice and we recommend doing that An additional benefit of getting online price quotes is you can get the lowest rates but still work with a licensed agent.

After completing this quick form, the quote information is instantly submitted to insurance agents in Boston who will give you bids for your insurance coverage. There is no need to contact any insurance agencies because prices are sent to you. Get lower rates and a licensed agent to work with. If you need to get a comparison quote for a specific company, you can always go to their quote page and give them your coverage information.

Choosing a insurer shouldn’t rely on just the bottom line cost. These are valid questions to ask:

• Do they offer claims assistance after hours?
• How much will you save each year by using a higher deductible?
• What kind of financial rating does the company have?
• If you are a high risk driver, do they have special markets for your coverage?
• Will they make sure you get an adequate claim settlement?
• Can glass claims be handled at your home?

Listed below is a short list of auto insurance companies in Boston that may be able to provide price quotes for Cadillac Escalade insurance in Boston.

View more Boston agents

A conclusion for your car insurance search

Some car insurance companies may not offer rate quotes online and many times these regional carriers only sell coverage through independent agents. The cheapest Cadillac Escalade insurance in Boston can be sourced online and from local agencies, and you should compare rates from both to have the best rate selection.

Throughout this article, we presented some good ideas how you can find cheaper Cadillac Escalade insurance in Boston. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. You may even find the lowest auto insurance rates come from a small mutual company. Smaller companies can often insure niche markets at a lower cost as compared to the big name companies such as Allstate or State Farm.

Additional information is located on the following sites:

• Teen Driving and Texting (State Farm)
• How Much are Auto Insurance Quotes for Teenage Females in Boston? (FAQ)
• Who Has Cheap Boston Auto Insurance for Drivers Under 25? (FAQ)
• Who Has Cheap Auto Insurance for a Nissan Versa in Boston? (FAQ)
• What Auto Insurance is Cheapest for 18 Year Olds in Boston? (FAQ)
• Think You’re a Safe Driver? (State Farm)
• How Much Auto Coverage do I Need? (Insurance Information Institute)