Finding cheaper insurance for a Cadillac CTS in Arizona can be a painful process, but you can learn a few tricks to make it easier. There are more efficient ways to buy auto insurance and we’ll show you the absolute fastest way to quote coverages for a new or used Cadillac and obtain the best price possible from both online companies and Scottsdale agents.
Statistics show that most auto insurance buyers kept their policy with the same company for at least the last four years, and nearly half have never quoted auto insurance rates at all. Arizona insurance shoppers could save an average of 50% each year just by shopping around, but they don’t know how much savings they would realize if they changed companies.
It is always a good idea to compare prices as often as possible because auto insurance rates change quite often. If you had the best premium rates on Cadillac CTS insurance in Scottsdale a year ago you may be paying too much now. Ignore everything you know about auto insurance because it’s time to teach you the tricks you need to know to find better rates and still maintain coverage.
The easiest way to compare rate quotes for Cadillac CTS insurance in Scottsdale is to take advantage of the fact car insurance companies participate in a system to give rate comparisons. All consumers are required to do is give them some information like types of safety features, the year, make and model of vehicles, if you lease or own, and marital status. That rating data is then sent to multiple different insurance companies and you will get price comparisons within a short period of time.
To check rates for your Cadillac CTS now, click here and complete the quick form.
The companies in the list below provide comparison quotes in Arizona. If multiple companies are listed, it’s a good idea that you click on several of them to get a more complete price comparison.
Discounts for cheap insurance quotes
Insurance can be pricey, but you may be missing some discounts that may help make it more affordable. Certain discounts will be applied at quote time, but less common discounts must be requested specifically prior to getting the savings.
- Save over 55 – Older drivers can possibly qualify for lower premium rates.
- Active Military Service – Being deployed in the military could mean lower rates.
- ABS and Traction Control Discounts – Cars with ABS and/or traction control are much safer to drive and the ABS can save up to 10%.
- Buy New and Save – Putting insurance coverage on a new CTS is cheaper because new model year vehicles are generally safer.
- Air Bags and Passive Restraints – Factory options such as air bags could see savings as much as 30%.
- No Claim Discounts – Drivers with accident-free driving histories get the best insurance rates when compared to accident-prone drivers.
- Employee of Federal Government – Having worked for a branch of the government may reduce rates when you quote Scottsdale auto insurance depending on your insurance provider.
- Paperless Signup – Some larger companies will discount your bill up to fifty bucks for buying a policy and signing up on your computer.
It’s important to note that some of the credits will not apply to your bottom line cost. Most only reduce the cost of specific coverages such as medical payments or collision. Even though it appears adding up those discounts means a free policy, you’re out of luck.
The example below compares Cadillac CTS premium costs with and without discounts applied to the premium. The data is based on a female driver, no accidents or driving violations, Arizona 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 safe-driver, multi-car, homeowner, claim-free, multi-policy, and marriage discounts applied.
A few popular companies and a selection of discounts can be found below.
- State Farm policyholders can earn discounts including passive restraint, Steer Clear safe driver discount, student away at school, anti-theft, multiple autos, driver’s education, and accident-free.
- Liberty Mutual has discounts for multi-policy, hybrid vehicle, new graduate, newly retired, safety features, preferred payment discount, and multi-car.
- American Family discounts include good student, bundled insurance, multi-vehicle, accident-free, and defensive driver.
- Progressive may offer discounts for multi-policy, online quote discount, online signing, homeowner, continuous coverage, and multi-vehicle.
- Farmers Insurance may include discounts for distant student, youthful driver, early shopping, multi-car, alternative fuel, bundle discounts, and pay in full.
- Auto-Owners Insurance offers premium reductions for mature driver, student away at school, multi-policy, air bags, good student, company car, and safe driver.
- SAFECO has savings for bundle discounts, homeowner, drive less, teen safety rewards, and teen safe driver.
If you are trying to find low cost Scottsdale auto insurance quotes, ask each company or agent which discounts they offer. Depending on the company, some discounts might not be offered in Scottsdale. For a list of insurance companies with discount rates in Scottsdale, click here.
Insurance rate breakdown
The coverage table shown below outlines different coverage prices for Cadillac CTS models. Having a good understanding how premiums are established can help customers make smart choices when comparing insurance quotes.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|CTS Luxury AWD||$124||$276||$282||$16||$84||$782||$65|
|CTS Performance AWD||$124||$276||$282||$16||$84||$782||$65|
|CTS Premium AWD||$138||$276||$282||$16||$84||$796||$66|
|Get Your Own Custom Quote Go|
Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and Arizona minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Rates do not factor in specific location which can decrease or increase premiums considerably.
The illustration below demonstrates how deductibles and can increase or decrease Cadillac CTS insurance premiums for different categories of driver ages. The rate quotes are based on a married female driver, full physical damage coverage, and no policy discounts are applied.
Difference between liability only and full coverage rates
The chart below illustrates the comparison of Cadillac CTS car insurance costs with full physical damage coverage compared to only buying liability only. The premiums are based on no violations or accidents, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.
When to stop buying physical damage coverage
There is no exact formula that is best for determining when to drop physical damage coverage on your policy, but there is a broad guideline. If the yearly cost of comp and collision coverage is about 10% or more of the settlement you would receive from your company, then it might be time to consider dropping full coverage.
For example, let’s pretend your Cadillac CTS settlement value is $6,000 and you have $1,000 physical damage deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $5,000 after you pay the deductible. If you are paying over $500 annually for comprehensive and collision coverage, then you may want to consider only buying liability coverage.
There are some situations where removing full coverage is not advised. If you still owe money on your vehicle, you have to carry full coverage as part of the loan requirements. Also, if your finances do not allow you to purchase a different vehicle if your current one is totaled, you should maintain full coverage.
Why Your Insurance Premiums might be higher
Lots of factors are used when pricing auto insurance. Some are pretty understandable like a motor vehicle report, but other criteria are not quite as obvious such as whether you are married or your financial responsibility. An important part of buying insurance is that you know a few of the rating criteria that help determine your policy premiums. If you have a feel for what controls the rates you pay, this enables you to make decisions that could result in better car insurance rates.
Better prices for continuous coverage – Going without insurance is a fast way to increase your car insurance rates. And not only will insurance be more expensive, the inability to provide proof of insurance could earn you a steep fine or even jail time. You will then be forced to provide proof of insurance in the form of an SR-22 filing with the Arizona motor vehicle department to get your license reinstated.
Fewer miles means better costs – The more you drive your Cadillac every year the more you’ll pay to insure your vehicle. Most insurance companies apply a rate based upon how you use the vehicle. Autos that are left in the garage cost less to insure than cars that get driven a lot. Make sure your car insurance coverage properly reflects the right rating data. Improper usage on your CTS may be costing you.
Do you qualify for a multi-policy discount? – Lots of insurance companies allow discounts for people that buy multiple policies in the form of a multi-policy discount. Discounts can amount to 10 percent or more. Even with this discount, it’s always a smart idea to check prices from other companies to confirm you are receiving the best rates possible. Drivers may still save even more even if you insure with multiple companies
Increase physical damage deductibles to save – The deductibles you choose tell how much you are required to spend if a covered claim is submitted. Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your car. Some examples of covered claims are rear-ending another vehicle, damage caused by hail, and having a roll-over accident. The more money you choose to pay out-of-pocket, the better rate you will receive.
Impacts performance impacts auto insurance rates – The make and model of the car, truck or SUV you are insuring makes a substantial difference in your rates. Low performance passenger models generally have the cheapest insurance rates, but the cost you end up paying is determined by many additional factors.
The following data uses these assumptions: single male driver age 40, full coverage with $1000 deductibles, and no discounts or violations. The chart compares Cadillac CTS rates compared to other vehicles that have different performances.
Less chance of injury means lower prices – Cars with high safety ratings tend to be cheaper to insure. Safe vehicles protect occupants better and fewer injuries means less money paid by your insurance company and lower rates for you. If your Cadillac CTS scored better than four stars on Safercar.gov it may be receiving lower rates.
Deter car thieves – Buying a car with anti-theft technology or alarm system can help bring down rates. Theft prevention devices like GM’s OnStar, tamper alarm systems and vehicle immobilizers can help prevent auto theft and help lower rates.
Cadillac CTS insurance loss probability – Insurance companies analyze historical claim data when they set coverage costs for each model. Models that the data determines to have higher frequency or amount of claims will have a higher premium rate. The table shown below demonstrates the collected loss data for Cadillac CTS vehicles.
For each policy coverage type, the loss probability for all vehicles, regardless of make or model, is a value of 100. Values that are below 100 indicate a favorable loss history, while percentages above 100 indicate frequent claims or larger claims.
|Specific Cadillac Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Cadillac CTS 4dr 2WD||123||72||118||73|
|Cadillac CTS 4dr 4WD||127||75||98||75|
|Cadillac CTS-V 2dr||174||74||135|
Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years