Cadillac Escalade Insurance Quotes in Raleigh

Would you prefer to buy the cheapest Cadillac Escalade insurance in Raleigh? Locating low-cost insurance for a Cadillac Escalade in North Carolina can turn out to be a lot of work, but you can learn these tips to make it easier.

There are more efficient ways to compare insurance rates so you’re going to learn the best way to compare rates for a Cadillac and get the lowest price from both online companies and Raleigh agents.

Everyone knows that car insurance companies don’t want their policyholders to compare prices. People who shop rates annually are likely to buy a different policy because they have a good chance of finding a policy with better rates. A recent survey found that consumers who regularly compared rates saved as much as $850 each year compared to people who don’t regularly compare prices.

If finding the lowest price on car insurance is the reason for your visit, then knowing how to get rate quotes and compare insurance rates can help simplify the process.

Low Cost auto insurance in Raleigh, NC

The auto insurance companies shown below are ready to provide price quotes in Raleigh, NC. If multiple companies are listed, it’s highly recommended you click on several of them to find the most competitive auto insurance rates.

Insurance coverage analysis

The rate table below showcases different prices for Cadillac Escalade models. Having a good understanding how insurance prices are calculated can be useful when making informed coverage decisions.

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and North Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, multi-policy, and safe-driver. Premium costs do not factor in vehicle garaging location which can alter premiums greatly.

Higher deductibles lower rates

A question often asked by Raleigh drivers is how low should you set your deductibles. The comparison tables below approximate the premium difference between high and low comp and collision deductibles. The first data set uses a $250 deductible for comprehensive and collision coverage and the second set of prices uses a $1,000 deductible.

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Premium costs do not factor in Raleigh location which can affect price quotes significantly.

We can derive from the above data that using a $250 deductible costs approximately $27 more each month or $324 every year than selecting the higher $1,000 deductible. Due to the fact that you would have to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you go at a minimum 28 months between claims, you would probably come out ahead if you opt for a higher deductible.

Annual premiums for males versus females

The example below shows the difference between Cadillac Escalade insurance costs for male and female drivers. The premium estimates are based on a clean driving record, no at-fault accidents, full physical damage coverage, $250 deductibles, single marital status, and no discounts are factored in.

Cost of full coverage in Raleigh

The diagram below shows the difference between Cadillac Escalade premium costs when comparing full coverage to state minimum liability only. The rates are based on no violations or claims, $100 deductibles, drivers are not married, and no additional discounts are factored in.

When to eliminate full coverage

There is no written rule of when to eliminate comp and collision coverage, but there is a general guideline. If the annual cost of your full coverage insurance is more than about 10% of the settlement you would receive from your company, then you might want to consider buying only liability coverage.

For example, let’s pretend your Cadillac Escalade claim settlement value is $8,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most you would receive is $7,000 after you pay the deductible. If premiums are more than $700 a year for comprehensive and collision coverage, then it may be the right time to buy liability only.

There are some cases where dropping full coverage is not a good plan. If you still owe a portion of the original loan, you must maintain physical damage coverage as part of the loan conditions. Also, if your savings is not enough to buy a different vehicle in the event your current vehicle is totaled, you should maintain full coverage.

Earn discounts to get lower-cost Raleigh auto insurance quotes

Companies that sell car insurance don’t necessarily list every discount available very well, so we researched a few of the more well known and also the more inconspicuous credits available to you.

• Life Insurance – Some auto insurance companies give a small discount if you purchase auto and life insurance together.
• College Student – Any of your kids who live away from home at college and do not have a car can receive lower rates.
• Discount for Multiple Policies – If you insure your home and vehicles with the same insurance company you may save 10% to 20% off each policy.
• Safety Course Discount – Taking part in a defensive driver class is a good idea and can lower rates depending on where you live.
• Mature Driver Discount – Drivers that qualify as senior citizens may be able to get a discount up to 10%.
• Theft Deterrent System – Vehicles with anti-theft systems are stolen with less frequency and therefore earn up to a 10% discount.
• Low Mileage Discounts – Keeping the miles down on your Cadillac can qualify you for lower auto insurance rates on the low mileage vehicles.

You should keep in mind that most credits do not apply to the overall cost of the policy. Most only cut individual premiums such as liability, collision or medical payments. If you do the math and it seems like it’s possible to get free car insurance, auto insurance companies aren’t that generous.

The illustration below illustrates the comparison of Cadillac Escalade insurance premiums with and without discounts applied to the policy rates. The premiums are based on a female driver, no claims or driving violations, North Carolina state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

A list of companies and their possible discounts can be found below.

• State Farm discounts include driver’s education, student away at school, passive restraint, accident-free, good driver, Drive Safe & Save, and multiple policy.
• Farmers Insurance may offer discounts for mature driver, business and professional, bundle discounts, electronic funds transfer, and teen driver.
• GEICO includes discounts for anti-lock brakes, seat belt use, membership and employees, daytime running lights, federal employee, driver training, and defensive driver.
• American Family may include discounts for defensive driver, mySafetyValet, bundled insurance, Steer into Savings, good driver, and air bags.
• Nationwide offers premium reductions for defensive driving, good student, accident-free, multi-policy, and business or organization.
• Progressive policyholders can earn discounts including online signing, good student, homeowner, multi-vehicle, online quote discount, and continuous coverage.

Check with each insurance company the best way to save money. Some of the discounts discussed earlier might not be offered on policies in Raleigh. To choose insurance companies who offer discounts in North Carolina, click here.

Insurance agents can help

When it comes to choosing coverage, there isn’t really a one-size-fits-all type of policy. Coverage needs to be tailored to your specific needs.

Here are some questions about coverages that can aid in determining if your situation would benefit from professional advice.

• What is the minimum liability in North Carolina?
• Does my Cadillac Escalade need full coverage?
• When should I remove my kid from my policy?
• Am I covered when driving a rental car?
• Is a driver training discount available?
• How do I insure my teen driver?
• Will my rates increase for filing one claim?
• When should I remove comp and collision on my Cadillac Escalade?
• Does liability extend to a camper or trailer?

If it’s difficult to answer those questions but you think they might apply to your situation, you might consider talking to an agent. To find lower rates from a local agent, fill out this quick form. It only takes a few minutes and can help protect your family.

Local neighborhood Raleigh car insurance agents

Certain consumers prefer to get professional advice from a licensed agent and that is just fine! Agents can make sure you are properly covered and help file insurance claims. A good thing about price shopping on the web is that you can find cheaper car insurance rates and still have an agent to talk to. Supporting local insurance agents is still important in Raleigh.

For easy comparison, once you complete this short form, your insurance data is instantly submitted to companies in Raleigh who will gladly provide quotes to get your business. There is no need to leave your house as quotes are delivered straight to your inbox. If for some reason you want to get a price quote for a specific company, you can always search and find their rate quote page and give them your coverage information.

When searching for an insurance agent, it can be helpful to understand the different agency structures and how they function. Raleigh agents can be categorized as either exclusive or independent agents depending on their company appointments. Either one can provide insurance policies, but it’s worth mentioning how they differ because it may have an impact on the type of agent you choose.

Independent Agents

Agents that choose to be independent are not restricted to one company so as a result can place your coverage with a variety of different insurance companies and get you the best rates possible. If prices rise, they simply move your policy to a different company and you don’t have to do anything. When comparing rates, we highly recommend that you get some free quotes from a couple of independent agencies in order to compare the most rates. They also have the ability to place coverage with smaller mutual companies that may have much lower rates than larger companies.

Listed below are independent insurance agencies in Raleigh that can give you free insurance rate quotes.

• G. Suggs Insurance Agency, Inc.
  1025 Bullard Ct – Raleigh, NC 27615 – (919) 875-8889 – View Map
• Nationwide Insurance: E Bradford Parker Insurance Agency Inc
  1425 Rock Quarry Rd #105a – Raleigh, NC 27610 – (919) 833-6111 – View Map
• Wade S Dunbar Insurance
  7951 Monument Ln # 201 – Raleigh, NC 27615 – (919) 720-2290 – View Map

More Raleigh agents

Exclusive Insurance Agents

Agents in the exclusive channel work for only one company like State Farm, Allstate and AAA. Exclusive agencies are unable to compare other company’s rates so always compare other rates. Exclusive insurance agents receive a lot of sales training on what they offer and that allows them to sell at a higher price point. Consumers often use the same exclusive agent mainly due to loyalty to the company rather than having low rates.

Listed below are exclusive insurance agencies in Raleigh that can give you price quotes.

• Gina Tickle – State Farm Insurance Agent
  8212 Creedmoor Rd #101 – Raleigh, NC 27613 – (919) 847-9774 – View Map
• Tom Patterson – State Farm Insurance Agent
  805 Spring Forest Rd #1400 – Raleigh, NC 27609 – (919) 954-1340 – View Map
• Allstate Insurance: Brandon Reece
  9204 Falls of Neuse Rd Ste 100 – Raleigh, NC 27615 – (919) 329-2580 – View Map

More Raleigh agents

Picking an insurance agency is decision based upon more than just the price. Here are some questions you might want to ask.

• What is their Better Business Bureau rating?
• Does the agency support the community they serve?
• If independent agents, which companies do they recommend?
• Are they able to provide referrals?
• Do they offer claims assistance after hours?
• Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
• Is vehicle mileage a factor when determining depreciation for repairs?
• Does the company have a solid financial rating?

Specific coverages for a Cadillac Escalade

Knowing the specifics of your auto insurance policy can help you determine which coverages you need at the best deductibles and correct limits. The terms used in a policy can be impossible to understand and nobody wants to actually read their policy.

Comprehensive auto insurance – This coverage pays for damage that is not covered by collision coverage. You first have to pay a deductible and then insurance will cover the rest of the damage.

Comprehensive can pay for claims such as hail damage, fire damage and damage from a tornado or hurricane. The highest amount a auto insurance company will pay at claim time is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Coverage for medical expenses – Medical payments and Personal Injury Protection insurance kick in for short-term medical expenses for things like X-ray expenses, hospital visits, funeral costs and ambulance fees. They are used in conjunction with a health insurance plan or if you are not covered by health insurance. They cover all vehicle occupants in addition to if you are hit as a while walking down the street. PIP is not an option in every state and gives slightly broader coverage than med pay

Liability – Liability insurance can cover damage or injury you incur to other’s property or people that is your fault. Liability coverage has three limits: bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. You commonly see policy limits of 30/60/25 which stand for $30,000 in coverage for each person’s injuries, a limit of $60,000 in injury protection per accident, and a limit of $25,000 paid for damaged property. Another option is one limit called combined single limit (CSL) which limits claims to one amount with no separate limits for injury or property damage.

Liability coverage protects against claims like pain and suffering, repair costs for stationary objects, funeral expenses and loss of income. The amount of liability coverage you purchase is your choice, but buy as large an amount as possible. North Carolina state law requires minimum liability limits of 30/60/25 but you should consider buying better liability coverage.

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

Coverage for uninsured or underinsured drivers – This coverage gives you protection when other motorists either have no liability insurance or not enough. Covered losses include injuries to you and your family and also any damage incurred to your Cadillac Escalade.

Since many North Carolina drivers carry very low liability coverage limits (30/60/25 in North Carolina), their limits can quickly be used up. That’s why carrying high Uninsured/Underinsured Motorist coverage is very important. Most of the time these limits are identical to your policy’s liability coverage.

Collision coverage – Collision coverage covers damage to your Escalade caused by collision with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision coverage pays for claims like hitting a mailbox, crashing into a building and crashing into a ditch. Collision is rather expensive coverage, so analyze the benefit of dropping coverage from older vehicles. Drivers also have the option to choose a higher deductible on your Escalade to bring the cost down.

Be persistent and save

Cheaper auto insurance in Raleigh is definitely available both online as well as from independent agents in Raleigh, and you should compare rates from both in order to have the best chance of saving money. There are still a few companies who may not provide rates over the internet and these regional carriers only sell through independent agencies.

When you buy Raleigh car insurance online, it’s a bad idea to skimp on coverage in order to save money. There have been many cases where an accident victim reduced liability coverage limits and found out when filing a claim that the small savings ended up costing them much more. Your focus should be to get the best coverage possible at the best price, but don’t skip important coverages to save money.

People switch companies for many reasons like being labeled a high risk driver, lack of trust in their agent, delays in responding to claim requests or even denial of a claim. Regardless of your reason, choosing a new company can be easy and end up saving you some money.

How to find cheaper quotes for Cadillac Escalade insurance in Raleigh

If you want to save money, the best way to get the cheapest car insurance rates in Raleigh is to annually compare prices from insurers who provide auto insurance in North Carolina. Rates can be compared by completing these steps.

First, it will benefit you to learn about what is in your policy and the things you can control to drop your rates. Many policy risk factors that result in higher rates like at-fault accidents and an unacceptable credit history can be improved by making minor changes to your lifestyle.

Second, compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from a single company like GEICO or Allstate, while agents who are independent can provide price quotes from many different companies. Compare rates

Third, compare the new rate quotes to the premium of your current policy to determine if you can save on Escalade insurance in Raleigh. If you find a better price, make sure there is no lapse between the expiration of your current policy and the new one.

The key thing to know about shopping around is to try to use the same physical damage deductibles and liability limits on each quote request and and to get price quotes from every company you can. Doing this provides an accurate price comparison and a good representation of prices.

To learn more, take a look at the resources below:

• Preventing Carjacking and Theft (Insurance Information Institute)
• What Insurance is Cheapest for Business Use in Raleigh? (FAQ)
• Who Has the Cheapest Auto Insurance Quotes for a School Permit in Raleigh? (FAQ)
• Who Has Cheap Auto Insurance Rates for Drivers Under 21 in Raleigh? (FAQ)
• If I File a Claim will My Insurance Go Up? (Insurance Information Institute)
• Child Safety Seats (Insurance Information Institute)
• Speed and Speed Limit FAQ (iihs.org)
• Older Drivers FAQ (iihs.org)