How long have you put off shopping around for more competitive Cadillac Escalade EXT insurance in Philadelphia? Are you regretting the purchase of overpriced Cadillac Escalade EXT insurance in Philadelphia? It’s a common feeling and there are a lot of people in Philadelphia just like you who feel imprisoned by their insurance policy.
It’s hard to fathom, but most Pennsylvania insurance customers have bought insurance from the same company for a minimum of four years, and 38% of customers have never shopped around. American drivers could cut their rates by about $850 a year just by shopping around, but they just feel it’s too hard to compare rates and save money. Numerous insurers battle for your insurance dollar, so it can be very hard to choose a insurer and uncover the absolute lowest rate on Cadillac Escalade EXT insurance in Philadelphia.
If you have coverage now or need a new policy, use these tips to shop for the lowest rates without having to cut coverage. Buying the cheapest auto insurance in Philadelphia is actually quite easy if you know where to start. Smart buyers just need to learn the tricks to compare different rates from many different companies.
Affordable auto insurance in Philadelphia, PA
The auto insurance companies shown below provide free rate quotes in Philadelphia, PA. If multiple providers are shown, it’s highly recommended you visit two to three different companies to get the lowest price.
Cadillac Escalade EXT insurance coverage information
The data table shown below covers different coverage costs for Cadillac Escalade EXT models. Understanding how prices are determined can help drivers make decisions when shopping around.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escalade EXT 4WD||$386||$658||$330||$20||$98||$1,492||$124|
|Escalade EXT Luxury Edition 4WD||$386||$658||$330||$20||$98||$1,492||$124|
|Get Your Own Customized Quote Go|
Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Pennsylvania minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Rates do not factor in specific location information which can lower or raise auto insurance rates greatly.
Rate difference between full and liability-only coverage
The diagram below illustrates the difference between Cadillac Escalade EXT auto insurance costs when comparing full coverage to state minimum liability only. The prices are based on a clean driving record, no at-fault accidents, $500 deductibles, single marital status, and no discounts are applied.
When to buy liability coverage only
There is no clear-cut formula of when to eliminate comp and collision coverage, but there is a guideline you can use. If the annual cost of coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it might be time to consider dropping full coverage.
For example, let’s assume your Cadillac Escalade EXT replacement value is $3,000 and you have $1,000 policy deductibles. If your vehicle is totaled in an accident, the most your company would pay you is $2,000 after paying the physical damage deductible. If it’s costing you more than $200 annually to have full coverage, then you may want to consider only buying liability coverage.
There are a few situations where dropping physical damage coverage is not a good plan. If you have an outstanding loan on your vehicle, you have to maintain full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should keep full coverage on your policy.
How You Can Control Cadillac Escalade EXT Insurance Rates
A large part of saving on insurance is knowing the rating factors that are used to determine insurance rates. If you have a feel for what positively or negatively impacts your premiums, this allows you to make good choices that could result in lower insurance prices.
Vehicles with better crash test results cost less to insure – Vehicles with good safety scores tend to be cheaper to insure. Vehicles engineered for safety reduce the chance of injuries and fewer injuries translates into fewer and smaller insurance claims which can result in lower premiums.
More annual miles equals more premium – Driving more miles every year the more you’ll pay to insure your vehicle. A lot of companies calculate rates based on how the vehicle is used. Cars that do not get driven very much receive lower rates than vehicles that have high annual mileage. Incorrect rating for your Escalade EXT can result in significantly higher rates. It’s a good idea to make sure your vehicle rating correctly shows how each vehicle is driven.
Impacts performance impacts auto insurance prices – The type of car, truck or SUV you are buying insurance for makes a big difference in how high your rates are. The lowest premiums will generally be found on the lowest performance passenger cars, but that’s not the only thing that factors into the final price.
The following chart uses these assumptions: married male driver age 30, full coverage with $250 deductibles, and no discounts or violations. It shows Cadillac Escalade EXT insurance premiums compared to other models that have different risk factors.
Rates increase with driving citations – Being a careful driver has a lot to do with how much you pay for insurance. Drivers with clean records tend to pay less for car insurance as compared to those with violations. Even a single driving citation can boost insurance rates by twenty percent. Drivers who get severe tickets like DUI, reckless driving or excessive speeding may find they need to submit a SR-22 form with their state DMV in order to legally drive a vehicle.
The example below illustrates how violations and at-fault accidents can raise Cadillac Escalade EXT yearly insurance costs for each different age category. The premiums are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no discounts are factored in.
Save a ton with discounts
Companies that sell car insurance don’t necessarily list every discount they offer very clearly, so here is a list some of the best known and also the more inconspicuous discounts that you may qualify for.
- More Vehicles More Savings – Buying a policy with primary and secondary vehicles on the same car insurance policy may reduce the rate for each vehicle.
- Onboard Data Collection – Insureds who allow driving data submission to study when and where they use their vehicle by using a telematics device in their vehicle like Allstate’s Drivewise may get a rate reduction if they have good driving habits.
- Early Renewal Discounts – A few larger companies give discounts for buying a new policy before your current Escalade EXT insurance policy expires. Ten percent is about the average savings.
- Seat Belt Usage – Requiring all passengers to fasten their seat belts may be able to save a few bucks on medical payment and PIP coverage.
- Accident-Free Discounts – Insureds with no claims or accidents can save substantially when compared with bad drivers.
We need to note that some of the credits will not apply to the overall cost of the policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. So despite the fact that it appears all the discounts add up to a free policy, insurance companies wouldn’t stay in business. Any amount of discount should definitely cut the premium cost.
The diagram below visualizes the comparison of Cadillac Escalade EXT annual premium costs with and without discounts applied. The prices are based on a male driver, no claims, a clean driving record, Pennsylvania state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, safe-driver, multi-policy, homeowner, claim-free, and marriage discounts applied.
Auto insurance companies that may offer some of the discounts shown above include:
Check with all companies you are considering to give you their best rates. All car insurance discounts might not be offered in Philadelphia.
When to get advice from a local insurance agent
A lot of people still prefer to buy from a local agent and that is recommended in a lot of cases Good insurance agents can make sure you are properly covered and give you someone to call. An additional benefit of comparing rate quotes online is that you can obtain cheaper prices but still work with a licensed agent. Putting coverage with small agencies is important particularly in Philadelphia.
To make it easy to find an agent, after completing this form (opens in new window), the coverage information is transmitted to local insurance agents that provide free Philadelphia car insurance quotes for your coverage. It simplifies rate comparisons since you won’t have to leave your house because prices are sent instantly to you. If you want to get a rate quote for a specific company, you can always visit that company’s website and submit a quote form there.
Pick the best car insurance agent in Philadelphia for you
If you are searching for a local insurance agency, it can be helpful to understand the types of insurance agents and how they differ in how they can insure your vehicles. Agencies in Philadelphia are classified as either exclusive or independent. Either type can insure your vehicles properly, but it is important to understand the subtle differences since it could factor into the type of agent you choose.
Independent Insurance Agents
Agents that elect to be independent can quote rates with many companies so as a result can place your coverage with an assortment of companies and get you the best rates possible. If you want to switch companies, the agent simply finds a different carrier which requires no work on your part. When comparing auto insurance rates, it’s recommended you get rate quotes from several independent insurance agents to maximize your price options.
Featured below is a small list of independent agencies in Philadelphia that can possibly get you free auto insurance quotes.
Agents that elect to be exclusive can only provide one company’s prices like Farmers Insurance, State Farm, Allstate, and AAA. They are unable to give you multiple price quotes so you need to shop around if the rates are high. Exclusive insurance agents receive a lot of sales training on what they offer which helps offset the inability to provide other markets.
Listed below are exclusive insurance agents in Philadelphia willing to provide comparison quotes.
George Kweder – State Farm Insurance Agent
1521 W Oregon Ave – Philadelphia, PA 19145 – (215) 467-1837 – View Map
Choosing the best auto insurance agent should depend on more than just a cheap quote. Here are some questions you should ask.
- What insurance companies do they recommend if they are an independent agent?
- Is there any savings for paying the full premium?
- What insurance companies do they work with in Philadelphia?
- Who are their largest clients?
- Do they offer rental car reimbursement?
- Do the agents have professional certifications like CPCU or CIC?
- How many years have they been established?
- If you have an accident, are you able to get your vehicle repaired at the shop of your choice?
Upon receiving positive responses and a good coverage price, most likely you have located an insurance agent that can be relied on to provide auto insurance coverage. But keep in mind it’s your coverage and you can cancel your coverage any time you want so never assume that you are obligated to a specific company for the full policy term.
Quote. Compare. Save.
When trying to cut insurance costs, never buy lower coverage limits just to save a few bucks. There have been many cases where an insured dropped collision coverage and learned later that the few dollars in savings costed them thousands. Your strategy should be to purchase plenty of coverage for the lowest cost, not the least amount of coverage.
Lower-priced car insurance in Philadelphia is possible both online and from local agencies, so get free Philadelphia car insurance quotes from both of them to have the best selection. Some insurance providers may not have price quotes online and most of the time these regional insurance providers prefer to sell through local independent agencies.
More tips and info about car insurance can be read in these articles:
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- Who Has the Cheapest Auto Insurance for Real Estate Agents in Philadelphia? (FAQ)
- Who Has the Cheapest Auto Insurance for State Employees in Philadelphia? (FAQ)
- How Much are Car Insurance Rates for Teenagers in Philadelphia? (FAQ)
- Determining Auto Insurance Rates (GEICO)
- Safety Belts FAQ (iihs.org)
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- A Tree Fell on Your Car: Now What? (Allstate)