How to Save on Las Vegas Cadillac Escalade Insurance

The easiest way to get more affordable Cadillac Escalade insurance in Las Vegas is to annually compare prices from companies that sell auto insurance in Nevada. Drivers can shop around by following these guidelines.

First, try to understand coverages and the measures you can take to prevent expensive coverage. Many risk factors that result in higher rates such as at-fault accidents and a poor credit score can be controlled by improving your driving habits or financial responsibility. Later in this article we will cover more information to lower rates and get additional discounts that may be available.

Second, compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from one company like Progressive and State Farm, while independent agencies can give you price quotes for many different companies.

Third, compare the new rate quotes to your existing coverage and see if there is a cheaper rate. If you find a better price and decide to switch, make sure there is no lapse between the expiration of your current policy and the new one.

Fourth, give proper notification to your current agent or company to cancel your current policy. Submit a down payment along with a signed application to your new carrier. Once the paperwork is finalized, store the certificate verifying coverage in an easily accessible location.

The key thing to know about shopping around is that you use identical deductibles and limits on each quote and and to get prices from as many companies as possible. Doing this ensures an apples-to-apples comparison and plenty of rates choose from.

A recent survey discovered that the majority of drivers kept buying from the same company for over three years, and roughly 40% of drivers have never even shopped around for cheap coverage. Consumers in Las Vegas could save almost $500 every year by just comparing quotes, but they don’t believe the big savings they would realize if they moved their coverage to a different company.

Cheapest car insurance in Las Vegas, NV

The providers in the list below can provide free rate quotes in Las Vegas, NV. If multiple companies are listed, we suggest you visit two to three different companies to get the cheapest price.

Coverage information

The price information shown below covers a range of insurance policy prices for Cadillac Escalade models. Understanding more about how policy rates are established can assist in making decisions when choosing a new policy provider.

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and Nevada minimum liability limits. Discounts applied include homeowner, multi-vehicle, multi-policy, safe-driver, and claim-free. Prices do not factor in specific zip code location which can influence coverage rates noticeably.

Physical damage deductible comparison

One of the hardest decisions when shopping for auto insurance is the level to set your comp and collision deductibles. The comparison tables below lay out how much more rates are between high and low policy deductibles. The first price estimate table uses a $250 deductible for comprehensive and collision coverage and the second price grid uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Nevada minimum liability limits. Discounts applied include multi-vehicle, homeowner, safe-driver, multi-policy, and claim-free. Rates do not factor in specific location which can modify premium rates greatly.

Based on the above data, using a $250 deductible costs approximately $33 more each month or $396 annually than quoting the higher $1,000 deductible. Since the policyholder would be required to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you average more than 23 months between claim filings, you would come out ahead if you elect the higher deductible.

The chart below shows how choosing a deductible and can raise or lower Cadillac Escalade premium costs for different age groups. Data assumes a single male driver, full coverage, and no discounts are applied to the premium.

Male drivers versus female drivers

The illustration below visualizes the comparison of Cadillac Escalade insurance premiums for male and female drivers. The costs are based on no claims, a clean driving record, comprehensive and collision coverage, $100 deductibles, drivers are single, and no other discounts are factored in.

Affordable rates by receiving these ten discounts

Some companies don’t list all discounts very well, so here is a list both the well known as well as some of the hidden ways to save on auto insurance.

• Save over 55 – Seniors can get reduced rates.
• Driver Safety – Taking a course teaching defensive driver skills could save 5% or more depending on where you live.
• Clubs and Organizations – Having an affiliation with a professional or civic organization could qualify you for a break on your next renewal.
• Seat Belt Usage – Buckling up and requiring all passengers to use a seat belt can save up to 10 percent (depending on the company) off the personal injury premium cost.
• No Claims – Las Vegas drivers who stay claim-free are rewarded with significantly better rates on Las Vegas car insurance quote compared to insureds who have frequent claims or accidents.
• Payment Method – By paying your entire bill at once instead of making monthly payments you may reduce your total bill.
• Theft Deterrent System – Cars equipped with tracking devices and advanced anti-theft systems are less likely to be stolen and will qualify for a discount on a Las Vegas car insurance quote.
• Student Driver Training – Reduce the cost of insurance for teen drivers by having them complete a driver education course as it will make them better drivers and lower rates.
• Drive Less and Save – Low mileage vehicles may allow you to get lower prices on the low mileage vehicles.
• Discount for Good Grades – Performing well in school may save you up to 25%. The discount lasts until age 25.

Consumers should know that most discount credits are not given to the overall cost of the policy. Most only cut the cost of specific coverages such as collision or personal injury protection. Even though it appears you could get a free auto insurance policy, nobody gets a free ride. Any amount of discount should definitely cut your policy premiums.

The illustration below visualizes the comparison of Cadillac Escalade insurance prices with and without some available policy discounts. The data assumes a male driver, no claims or violations, Nevada state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, marriage, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

The best auto insurance companies and some of the premium reductions they offer are:

• State Farm may offer discounts for driver’s education, good driver, student away at school, defensive driving training, anti-theft, good student, and accident-free.
• American Family may have discounts that include mySafetyValet, TimeAway discount, air bags, accident-free, good driver, Steer into Savings, and bundled insurance.
• AAA includes discounts for multi-policy, anti-theft, AAA membership discount, education and occupation, pay-in-full, multi-car, and good student.
• GEICO offers discounts for driver training, air bags, military active duty, daytime running lights, and seat belt use.
• Mercury Insurance offers premium reductions for professional/association, accident-free, good student, ease of repair, multi-policy, age of vehicle, and type of vehicle.
• Farmers Insurance may include discounts for multi-car, pay in full, early shopping, good student, and distant student.
• Progressive discounts include homeowner, online quote discount, multi-vehicle, online signing, and multi-policy.

Check with each company to apply every possible discount. All car insurance discounts might not be available to policyholders everywhere. To view companies with the best discounts in Las Vegas, click this link.

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

Certain consumers still like to talk to an insurance agent and that can be a smart move An additional benefit of comparing insurance prices online is that you can find the best rates but still work with a licensed agent. Buying insurance from local insurance agencies is important especially in Las Vegas.

By using this simple form, your coverage information is submitted to insurance agents in Las Vegas who will give you bids for your insurance coverage. You never need to contact any insurance agencies since price quotes are sent directly to your email. You can get cheaper insurance rates and an insurance agent to talk to. If you wish to quote rates from a specific insurance provider, you just need to search and find their rate quote page and submit a quote form there.

Shown below are agents in Las Vegas willing to provide price quotes for Cadillac Escalade insurance in Las Vegas.

• Bleecher Insurance
  3085 S Jones Blvd – Las Vegas, NV 89146 – (702) 477-7776 – View Map
• Chris Lopez – State Farm Insurance Agent
  11700 W Charleston Blvd #175 – Las Vegas, NV 89135 – (702) 870-3663 – View Map
• Omega Insurance Brokerage
  3301 W Spring Mountain Rd – Las Vegas, NV 89102 – (702) 685-0170 – View Map
• Kate Lowe – State Farm Insurance Agent
  10198 W Flamingo Rd #130 – Las Vegas, NV 89147 – (702) 363-4500 – View Map

More insurance agents

Finding the right insurer should depend on more than just the quoted price. Here are some questions you might want to ask.

• Will you work with the agent or an assistant?
• What is their Better Business Bureau rating?
• Will one accident increase rates?
• What company do they have the most business with?
• Do they make recommendations based only on price?

Coverages available on your policy

Having a good grasp of auto insurance aids in choosing which coverages you need and proper limits and deductibles. Policy terminology can be difficult to understand and nobody wants to actually read their policy.

Uninsured and underinsured coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they either have no liability insurance or not enough. It can pay for injuries sustained by your vehicle’s occupants as well as your vehicle’s damage.

Because many people only purchase the least amount of liability that is required (Nevada limits are 15/30/10), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is a good idea. Normally these coverages do not exceed the liability coverage limits.

Comprehensive coverages

This pays for damage from a wide range of events other than collision. A deductible will apply and then insurance will cover the rest of the damage.

Comprehensive insurance covers things such as damage from a tornado or hurricane, damage from flooding, rock chips in glass, fire damage and a broken windshield. The maximum amount your auto insurance company will pay is the cash value of the vehicle, so if it’s not worth much more than your deductible consider removing comprehensive coverage.

Liability

This can cover damage that occurs to other people or property by causing an accident. It protects YOU from claims by other people, and doesn’t cover damage to your own property or vehicle.

Split limit liability has three limits of coverage: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show limits of 15/30/10 that means you have $15,000 in coverage for each person’s injuries, a limit of $30,000 in injury protection per accident, and property damage coverage for $10,000. Some companies may use a combined single limit or CSL which combines the three limits into one amount rather than limiting it on a per person basis.

Liability can pay for things such as attorney fees, funeral expenses, court costs, legal defense fees and repair costs for stationary objects. How much liability should you purchase? That is a personal decision, but it’s cheap coverage so purchase as high a limit as you can afford. Nevada requires minimum liability limits of 15/30/10 but you should consider buying more coverage.

The illustration below demonstrates why buying the state minimum limits may not be enough.

Auto collision coverage

This coverage pays for damage to your Escalade from colliding with another car or object. You first must pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers claims such as hitting a parking meter, colliding with a tree, driving through your garage door and rolling your car. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It’s also possible to raise the deductible on your Escalade to bring the cost down.

Coverage for medical payments

Medical payments and Personal Injury Protection insurance kick in for expenses like surgery, rehabilitation expenses, hospital visits, dental work and nursing services. They are often used to cover expenses not covered by your health insurance policy or if you are not covered by health insurance. They cover you and your occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is not an option in every state and may carry a deductible

Get the best coverage at the lowest price

Consumers switch companies for a number of reasons such as questionable increases in premium, being labeled a high risk driver, policy non-renewal and extreme rates for teen drivers. Regardless of your reason for switching companies, finding a new company is pretty simple and you could end up saving a buck or two.

When you buy Las Vegas car insurance online, it’s very important that you do not reduce needed coverages to save money. In many cases, an insured cut collision coverage only to regret that the savings was not a smart move. Your goal should be to find the BEST coverage at the lowest possible cost, but don’t skip important coverages to save money.

In this article, we covered quite a bit of information on how to lower your Cadillac Escalade insurance prices in Las Vegas. The key thing to remember is the more companies you get rates for, the higher the chance of saving money. You may even discover the biggest savings come from a smaller regional carrier.

For more information, take a look at these articles:

• Teen Driver Licensing Information (iihs.org)
• How Much are Las Vegas Auto Insurance Quotes for a Ford F-150? (FAQ)
• Who Has Affordable Las Vegas Car Insurance Rates for a Honda Civic? (FAQ)
• Who Has Cheap Auto Insurance Rates for Nurses in Las Vegas? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for High Mileage Drivers in Las Vegas? (FAQ)
• Airbag FAQ (iihs.org)
• Insurance losses by make and model (Insurance Institute for Highway Safety)