Cheapest Las Vegas Cadillac CTS-V Insurance

If you want to save the most money, the best way to get affordable Cadillac CTS-V insurance is to compare quotes once a year from insurance carriers in Las Vegas.

First, try to learn about how car insurance works and the things you can control to prevent rate increases. Many factors that increase rates such as distracted driving and a less-than-favorable credit rating can be eliminated by making minor changes in your lifestyle. This article gives additional tips to help prevent expensive coverage and find additional discounts.

Second, request rate estimates from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive and State Farm, while independent agencies can provide prices from many different companies.

Third, compare the new quotes to your existing coverage to determine if switching companies saves money. If you find a lower rate and buy the policy, make sure coverage does not lapse between policies.

One important bit of advice is to try to use the same liability limits and deductibles on every price quote and and to analyze as many auto insurance providers as possible. Doing this guarantees a fair price comparison and the most accurate and complete price analysis.

A study showed that a large majority of drivers have purchased from the same company for at least the last four years, and virtually 40% of consumers have never compared rate quotes at all. With the average auto insurance premium being $1,620, Nevada drivers could save themselves as much as 35% a year just by getting comparison quotes, but they just assume it’s a time-consuming process to compare rates online.

Low Cost companies for Cadillac CTS-V insurance

The following companies are ready to provide price comparisons in Las Vegas, NV. If you want the cheapest car insurance in Las Vegas, NV, it’s a good idea that you get rates from several of them to get a more complete price comparison.

Insurance statistics and figures

The coverage table displayed below showcases estimates of insurance premium costs for Cadillac CTS-V models. Being able to understand how policy premiums are calculated helps drivers make decisions on the best policy to buy.

Above prices assume married male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, safe-driver, claim-free, multi-policy, and multi-vehicle. Premium costs do not factor in vehicle location which can increase or decrease premiums significantly.

Where to set your deductibles

One of the hardest decisions when shopping for insurance is how low should you set your deductibles. The comparison tables below approximate the costs and benefits between high and low comp and collision deductibles. The first rate table uses a $250 comprehensive and collision deductible and the second price table uses a $1,000 deductible.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, claim-free, and safe-driver. Estimates do not factor in the specific area where the vehicle is garaged which can decrease or increase coverage prices substantially.

Based on this data, using a $250 deductible will cost you approximately $35 more each month or $420 for a full year averaged for all CTS-V models than choosing the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go more than 21 months between claims, you would save more money by selecting a higher deductible.

The diagram below demonstrates how choosing different deductibles and can impact Cadillac CTS-V insurance costs for different age categories. The premium estimates are based on a married male driver, comp and collision included, and no additional discounts are factored in.

Insurance policy discounts you can’t miss

Some insurance providers don’t always publicize every policy discount very clearly, so the below list has some of the best known and also the lesser-known credits that you can use to lower your rates.

• College Student Discount – Kids who are attending college and do not take a car to college can receive lower rates.
• Student Discounts – This discount can get you a discount of up to 25%. The discount lasts up to age 25.
• Passenger Safety Discount – Factory air bags could see savings of more than 20%.
• Mature Driver Discount – Mature drivers may receive a discount up to 10%.
• Telematics Discount – People who choose to allow driving data submission to look at their driving habits through the use of a telematics system such as Progressive’s Snapshot might get better premium rates as long as they are good drivers.
• Include Life Insurance and Save – Select insurance companies reward you with a discount if you purchase some life insurance in addition to your auto policy.
• Defensive Driving Course – Participating in a course in defensive driver could save 5% or more if you qualify.
• Theft Prevention Discount – Vehicles that have factory alarm systems and tracking devices have a lower chance of being stolen and can earn a small discount on your policy.
• Driver Education Discount – Reduce the cost of insurance for teen drivers by having them take driver’s ed class in school or through a local driver safety program.

Keep in mind that some of the credits will not apply to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. So even though they make it sound like all those discounts means the company will pay you, companies wouldn’t make money that way.

The illustration below visualizes the comparison of Cadillac CTS-V auto insurance rates with and without discounts applied to the policy rates. The data assumes a female driver, no violations or claims, Nevada state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, claim-free, multi-policy, homeowner, and marriage discounts applied.

A few companies that may include some of the above discounts include:

• State Farm
• GEICO
• Liberty Mutual
• The Hartford
• MetLife
• Progressive

Before you buy a policy, ask all the companies to give you their best rates. A few discounts might not be offered in Las Vegas. If you would like to choose from a list of insurers who offer online Cadillac CTS-V insurance quotes in Las Vegas, click here.

Get rate quotes but buy from a local neighborhood Las Vegas car insurance agent

A lot of people still prefer to talk to a local agent and that can be a great decision Professional insurance agents can help determine the best coverages and help submit paperwork. The biggest benefit of price shopping on the web is the fact that drivers can get the best rates and still have an agent to talk to.

Upon completion of this quick form, your coverage information is emailed to agents in your area that can provide free Las Vegas auto insurance quotes for your coverage. You don’t have to visit any agencies because prices are sent directly to you. In the event you want to compare prices from a specific car insurance provider, feel free to jump over to their website and give them your coverage information.

Picking the best insurance company requires you to look at more than just the price. Any agent in Las Vegas should be forthright in answering these questions:

• How much training do they have in personal risk management?
• Is vehicle mileage a factor when determining depreciation for repairs?
• Which companies can they place coverage with?
• Which companies do they recommend if they are an independent agency?
• What is their Better Business Bureau rating?

How to choose the best auto insurance agent in Las Vegas

If you’re trying to find a reliable insurance agent, you must know there are a couple different types of agents and how they can write your policy. Agencies in Las Vegas may be either exclusive or independent (non-exclusive). Either one can write car insurance policies, but it is a good idea to know the difference in how they write coverage because it can influence the selection process.

Exclusive Agencies

These agents can only write with one company like State Farm, AAA, and Liberty Mutual. Exclusive agents are unable to shop your coverage around so it’s a take it or leave it situation. These agents receive a lot of sales training on their products and sales techniques and that enables them to sell even at higher rates.

Shown below is a short list of exclusive agencies in Las Vegas that can give you rate quotes.

More Las Vegas agents

Independent Agents

Agents that elect to be independent are not required to write business for one company so as a result can place your coverage with multiple insurance companies and possibly get better coverage at lower prices. If your premiums go up, your agent can just switch to a different company which makes it simple for you.

When shopping rates, it’s a good idea to get quotes from several independent insurance agents for maximum quote selection.

Below are Las Vegas independent agents that can give you price quote information.

More Las Vegas agents

What is the best car insurance company in Nevada?

Insuring your vehicle with the top insurance company can be challenging considering how many different insurance companies sell coverage in Nevada. The company information in the next section can help you choose which providers to look at comparing prices from.

Top 10 Las Vegas Car Insurance Companies Overall

1. USAA
2. American Family
3. State Farm
4. The Hartford
5. AAA Insurance
6. GEICO
7. The General
8. Titan Insurance
9. Progressive
10. Mercury Insurance

Top 10 Las Vegas Car Insurance Companies Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. Titan Insurance
5. The General
6. AAA Insurance
7. State Farm
8. Mercury Insurance
9. Nationwide
10. Safeco

Keep this in mind when shopping around

Budget-conscious Cadillac CTS-V insurance is attainable from both online companies and from local insurance agents, so you need to shop Las Vegas auto insurance with both in order to have the best price selection to choose from. Some insurance providers don’t offer price quotes online and usually these regional carriers only sell coverage through local independent agents.

In this article, we covered a lot of tips how to lower your Cadillac CTS-V insurance premium rates in Las Vegas. The key thing to remember is the more rate quotes you have, the more likely it is that you will get a better rate. Drivers may even discover the lowest premium rates are with a company that doesn’t do a lot of advertising. Regional companies may only write in your state and offer lower prices than the large multi-state companies such as State Farm, GEICO and Nationwide.

Additional information

• How do I File a Claim? (Insurance Information Institute)
• What Insurance is Cheapest for Good Students in Las Vegas? (FAQ)
• Who Has the Cheapest Auto Insurance for 16 Year Olds in Las Vegas? (FAQ)
• Who Has the Cheapest Car Insurance Rates for Homeowners in Las Vegas? (FAQ)
• State Car Insurance Guides (GEICO)
• Uninsured Motorist Statistics (Insurance Information Institute)
• Red Light Cameras (State Farm)