Cheap Quotes for Cadillac CTS-V Insurance in Phoenix

Are you tired of trying to find low-cost auto insurance rates in Phoenix, AZ? Phoenix consumers have options when looking for affordable Cadillac CTS-V insurance. You can either spend your time driving around to get rate comparisons or leverage the internet to find the lowest rates.

There are more efficient ways to find auto insurance online so you’re going to learn the absolute fastest way to price shop coverage for your Cadillac and get the lowest possible price from both online companies and Phoenix agents.

Unbelievable but true according to a study nearly 70% of consumers have stayed with the same insurance company for four years or more, and approximately 38% of consumers have never compared rates to find lower-cost insurance. With the average premium in America being $1,847, drivers could save roughly $860 each year, but they don’t want to spend time to save money by comparing rate quotes.

You need to shop coverage around periodically because auto insurance prices trend upward over time. If you had the best deal on Cadillac CTS-V insurance in Phoenix last year a different company probably has better rates today. Forget anything you know (or think you know) about auto insurance because you’re about to learn the fastest and easiest way to lower your annual insurance bill.

Decisions You Make Can Impact Your Insurance Prices

When buying auto insurance it’s important to understand some of the elements that are used to determine the level of your policy premiums. If you know what positively or negatively impacts your premiums, this allows you to make educated decisions that will entitle you to lower premium levels.

• Decrease premiums by maintaining coverage – Allowing your coverage to lapse will be a fast way to increase your renewal premiums. Not only will you pay higher rates, failure to provide proof of insurance will get you fines or a revoked license.
• Low deductibles can be expensive – Comp and collision deductibles define how much you are willing to pay in the event of a claim. Coverage for physical damage, aka comp and collision, is used to repair damage to your car. Examples of covered claims are collision with another vehicle, damage from fire, or theft of your vehicle. The more you’re willing to pay, the less your company will charge you for insurance.
• Combine policies and save – Most larger auto insurance companies will award a discount to people that buy multiple policies. It’s known as a multi-policy discount. Even if you qualify for this discount already, drivers will still want to compare Cadillac CTS-V rates in Phoenix to help ensure you have the lowest rates. You may still find better rates by buying auto insurance from a different company.
• Vehicle options that lower prices – Buying a car with anti-theft technology or alarm system can help lower your rates. Systems that thwart thieves like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems can thwart auto theft.
• Prices can change based on your address – Having an address in small towns and rural areas has definite advantages if you are looking for the lowest rates. Drivers in populated areas tend to have more traffic problems and longer commute times. Less people living in that area means less chance of accidents.
• Low mileage costs less – The higher the mileage driven annually the higher your rate. A lot of insurance companies charge to insure your cars partially by how you use the vehicle. Cars that are left in the garage qualify for better rates than those used for commuting. It’s a good idea to make sure your auto insurance coverage shows the correct driver usage. Improper usage on your CTS-V is throwing money out the window.
• Your career may increase rates – Do you have a high-stress occupation? Occupations such as doctors, police officers, and medical professionals usually pay the highest average rates attributed to intense work-related stress and lots of time spent away from family. On the flip side, occupations like scientists, athletes and performers get better rates.
• Safer the car lower the rate – Cars with high safety ratings cost less to insure. These vehicles help reduce the chance of injuries in an accident and any reduction in injury severity translates into fewer and smaller insurance claims passed on to you as lower rates. If the Cadillac CTS-V has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you are probably receiving a discount.
• Insurance loss data for Cadillac CTS-V vehicles – Insurers use statistical claims data when determining insurance costs. Models that are shown to have higher loss trends will have a higher cost to insure. The table below illustrates the collected loss data for Cadillac CTS-V vehicles.

  For each coverage type, the claim amount for all vehicles, as an average, is set at 100. Numbers under 100 imply a favorable loss record, while percentage values above 100 point to more frequent losses or statistically larger claims.

  Auto Insurance Loss Data for Cadillac CTS-V Models

  Vehicle Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Cadillac CTS-V 2dr	174	74	135

  BETTER

  AVERAGE

  WORSE

  Empty fields indicate not enough data collected
  Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years

The companies shown below provide price quotes in Phoenix, AZ. If multiple providers are shown, we recommend you click on several of them to get a more complete price comparison.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, multi-policy, multi-vehicle, homeowner, and claim-free. Premium amounts do not factor in specific location which can influence insurance rates noticeably.

Physical damage deductible comparison

One of the hardest decisions when shopping for auto insurance is what deductibles to buy. The premium rates below highlight how much more rates are of buying low and high physical damage deductibles. The first rate quote example uses a $100 comprehensive and collision deductible and the second set of prices uses a $1,000 deductible.

Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, safe-driver, and claim-free. Premium costs do not factor in specific location which can impact prices considerably.

Based on the data above, we can derive that using a $100 deductible costs an average of $48 more each month or $576 every year than opting for the higher $1,000 deductible. Since the policyholder would be required to pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to average at a minimum 19 months between claim filings, you would probably save some money if you choose a higher deductible. Here’s the way you can make this decision for your own policy.

One important note is that a higher deductible level results in having to pay to pay more out-of-pocket when you have a claim. You should have enough extra money in the event you have to pay the deductible for vehicle repair.

The ad said I’d save $384 a year!

Consumers in Arizona get pounded daily by advertisements that claim the cheapest prices by companies like State Farm and Allstate. They all make the point that people will save just by moving to their company.

How can each company charge less that you’re paying now? You have to listen carefully.

Companies give the cheapest rates for the driver that will add to their bottom line. For example, a profitable risk profile might be married and over the age of 30, has other policies, and does not commute to work. Any driver that meets those criteria is entitled to the best price and therefore will save quite a bit of money when switching.

Insureds who don’t qualify for those criteria may be forced to pay higher premiums which translates to the customer buying from a different company. Company advertisements say “people that switch” not “all people who quote” save that kind of money. This is how insurance companies can state the savings.

This really emphasizes why drivers should do a quote comparison often. It’s just not possible to know which insurance companies will be your best fit.

Best reasons to buy auto insurance in Arizona

Even though it’s not necessarily cheap to insure a Cadillac in Phoenix, maintaining insurance is a good idea for several reasons.

• The majority of states have mandatory insurance requirements which means you are required to carry a specific level of liability protection in order to license the vehicle. In Arizona these limits are 15/30/10 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
• If you have a loan on your Cadillac CTS-V, it’s most likely the lender will require you to have full coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the bank will be required to insure your Cadillac at a much higher premium rate and make you pay a much higher amount than you were paying before.
• Insurance protects both your assets and your car. It also can pay for medical expenses for yourself as well as anyone injured by you. Liability coverage, the one required by state law, also covers legal expenses in the event you are sued. If damage is caused by hail or an accident, comprehensive and/or collision insurance will pay all costs to repair after the deductible has been paid.

The benefits of carrying adequate insurance outweigh the cost, particularly if you ever have a claim. But the average American driver overpays more than $700 annually so you should quote rates every year to make sure the price is not too high.

Discounts mean cheaper rates for Cadillac CTS-V insurance in Phoenix

Companies don’t list all possible discounts in an easy-to-find place, so the below list has a few of the more common in addition to some of the lesser obvious credits available to bring down your rates.

• Good Students Pay Less – Being a good student can get you a discount of up to 25%. Most companies allow this discount up until you turn 25.
• Multiple Vehicles – Buying a policy with multiple cars or trucks with the same car insurance company can get a discount on all vehicles.
• Claim-Free Discount – Claim-free drivers can save substantially in comparison with drivers who are more careless.
• Save over 55 – If you’re over the age of 55, you can get a discount up to 10%.
• Government Employee Discount – Active or retired federal employment could provide a small rate reduction depending on your company.
• Responsible Driver Discounts – Drivers without accidents can save up to 40% or more on their Phoenix auto insurance quote compared to rates paid by drivers with frequent claims.
• Resident Student – Any of your kids who live away from home at college and leave their car at home can receive lower rates.

Drivers should understand that most discounts do not apply to your bottom line cost. Some only apply to individual premiums such as liability and collision coverage. So even though they make it sound like all the discounts add up to a free policy, it just doesn’t work that way.

Companies and a summarized list of policyholder discounts are:

• State Farm offers premium reductions for good driver, Drive Safe & Save, passive restraint, student away at school, driver’s education, and multiple autos.
• GEICO discounts include federal employee, membership and employees, five-year accident-free, good student, and multi-policy.
• SAFECO offers discounts for bundle discounts, homeowner, drive less, multi-car, safe driver, teen safety rewards, and anti-lock brakes.
• Farmers Insurance policyholders can earn discounts including pay in full, good student, distant student, early shopping, teen driver, and switch companies.
• AAA has savings for anti-theft, pay-in-full, AAA membership discount, multi-policy, multi-car, education and occupation, and good driver.
• USAA may include discounts for vehicle storage, defensive driver, good student, family discount, multi-vehicle, and safe driver.

Before buying, ask each company which discounts can lower your rates. A few discounts might not apply in your state. To locate companies that offer the discounts shown above in Arizona, click this link.

Independent or exclusive auto insurance agents

Some people just prefer to buy from a local agent and we recommend doing that Good agents can point out coverage gaps and help you file claims. The biggest benefit of comparing rates online is that you can obtain cheap insurance quotes and still have an agent to talk to. Buying from local agents is important particularly in Phoenix.

Once you complete this simple form, your insurance data is sent to insurance agents in Phoenix who will give you quotes to get your business. There is no reason to even leave your home because prices are sent immediately to you. If you have a need to compare rates from a specific insurance company, you can always jump over to their website and complete a quote there.

Auto insurance agents in Phoenix come in two varieties

If you want a reliable insurance agent, it helps to know the two different types of agencies and how they are distinctly different. Insurance policy providers are categorized either exclusive or independent agents depending on their company appointments. Either can do a good job, but it’s a good idea to understand why they differ since it can impact buying decisions.

Independent Insurance Agencies or Brokers

Agents of this type are not employed by any specific company and that enables them to quote your coverage amongst many companies and help determine which has the cheapest rates. If you want to switch companies, they simply switch companies in-house and that require little work on your part. When comparison shopping, it’s a good idea to check rates from several independent agencies so that you have a good selection of quotes to compare. They often place coverage with additional companies that you may not be familiar with which can save you money.

Below is a small list of independent insurance agencies in Phoenix that can give you competitive price quotes.

• Independent Insurance Agents
  333 E Flower St – Phoenix, AZ 85012 – (602) 956-1851 – View Map
• Farmer-Leavitt Insurance Agency
  919 N 1st St – Phoenix, AZ 85004 – (602) 264-0566 – View Map
• MiniCo Insurance Agency, LLC
  10851 N Black Canyon Hwy #200 – Phoenix, AZ 85029 – (800) 528-1056 – View Map

More Phoenix agents

Exclusive Agents

Agents that choose to be exclusive can only write with one company and some examples include Farmers Insurance, State Farm, Allstate, and AAA. They generally cannot provide other company’s prices so always compare other rates. These agents are very knowledgeable on their products and sales techniques which can be an advantage. Drivers often use the same exclusive agent primarily because of loyalty to the company instead of buying on price only.

Below are exclusive insurance agencies in Phoenix willing to provide rate quotes.

• Allstate Insurance: Christine Yap
  9303 N 7th St Ste 5 – Phoenix, AZ 85020 – (602) 371-0581 – View Map
• State Farm: Mat Herseth
  751 E Union Hills Dr #A9, Phoenix 85024 – 751 E Union Hills Dr #A9, AZ 85024 – (602) 788-6700 – View Map
• Jerry Wood – State Farm Insurance Agent
  3738 E Thomas Rd – Phoenix, AZ 85018 – (602) 955-3284 – View Map

More Phoenix agents

Choosing an car insurance agent is decision based upon more than just the bottom line cost. Agents should be asked these questions:

• Do they have 24-hour customer assistance?
• How many years of experience in personal auto insurance do they have?
• Do they specialize in personal lines auto insurance in Phoenix?
• What company holds the largest book of business for them?
• Will they take your side in the event of a claim?
• What discounts might you be missing?
• Do they offer accident forgiveness?

Cheap insurance prices are available

Discount Cadillac CTS-V insurance in Phoenix is possible on the web as well as from insurance agents, and you need to comparison shop both in order to have the best chance of saving money. There are still a few companies who may not offer online price quotes and these small, regional companies sell through independent agencies.

Insureds who switch companies do it for any number of reasons including denial of a claim, policy non-renewal, poor customer service and even policy cancellation. It doesn’t matter what your reason, switching companies is pretty easy and you might even save some money in the process.

We just covered many ways to lower your Cadillac CTS-V insurance premium rates in Phoenix. The key thing to remember is the more companies you get prices for, the better your chances of lowering your prices. Consumers could even find that the biggest savings come from some of the smallest insurance companies.

For more information, take a look at the articles below:

• Teen Driver Licensing Information (iihs.org)
• Who Has the Cheapest Car Insurance Quotes for Unemployed Drivers in Phoenix? (FAQ)
• Who Has Cheap Phoenix Auto Insurance Rates for Drivers Over Age 70? (FAQ)
• Who Has the Cheapest Auto Insurance for Business Use in Phoenix? (FAQ)
• Who Has Cheap Auto Insurance for Used Cars in Phoenix? (FAQ)
• Who Has Cheap Auto Insurance Rates for Immigrants in Phoenix? (FAQ)
• Who Has the Cheapest Phoenix Car Insurance Quotes for Active Military? (FAQ)
• Who Has Affordable Auto Insurance Quotes for a Toyota Highlander in Phoenix? (FAQ)
• Uninsured Motorists: Threats on the Road (Insurance Information Institute)
• Rental Reimbursement Coverage (Allstate)
• Vehicle Insurance (Wikipedia)