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.

Insurance quote for Cadillac CTS-V in PhoenixUnbelievable 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.

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.

Cadillac CTS-V Insurance Costs in Phoenix, AZ
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $286 $540 $254 $16 $76 $1,172 $98
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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.

Cadillac CTS-V insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $390 $798 $254 $16 $76 $1,559 $130
Get Your Own Custom Quote Go

Cadillac CTS-V insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $216 $420 $254 $16 $76 $982 $82
Get Your Own Custom Quote Go

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.

Average monthly premium for $100 deductibles: $130
Average monthly premium for $1,000 deductibles (subtract): – $82
Monthly savings from raising deductible: $48
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $48
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

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 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.Cheaper car insurance with discounts

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:

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.

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.

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:

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.

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