Save Money on Cadillac CTS-V Insurance in Scottsdale

Tired of scraping the payment together to make your insurance payment? You are no different than the majority of other vehicle owners in Arizona.

It’s hard to believe, but 70% of consumers kept their policy with the same company for a minimum of four years, and nearly 40% of drivers have never even compared quotes to find lower-cost rates. Most drivers in Arizona could save nearly $700 each year, but they feel it’s too difficult to compare rate quotes online.

Insurance companies such as Allstate and Progressive promote their brand names with fancy advertisements and consumers find it hard to see past the corporate glitz and do the work needed to find the best deal.

Smart consumers take time to do price comparisons on a regular basis since insurance prices change frequently. Even if you think you had the best deal on Cadillac CTS-V insurance in Scottsdale two years ago you may be paying too much now. Block out anything you think you know about insurance because I’m going to let you in on the secrets to one of the best ways to get good coverage on Cadillac CTS-V insurance in Scottsdale at a lower rate.

Cheapest Cadillac insurance rates in Scottsdale

The following companies are our best choices to provide free rate quotes in Scottsdale, AZ. If you wish to find the cheapest auto insurance in Scottsdale, AZ, we recommend you compare several of them to find the cheapest auto insurance rates.

Car insurance data for a Cadillac CTS-V

The premium information shown next highlights detailed analysis of insurance coverage prices for Cadillac CTS-V models. Having insight into how insurance premiums are established can benefit drivers when making smart choices when buying a car insurance policy.

Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Premium amounts do not factor in the specific area where the vehicle is garaged which can influence coverage prices noticeably.

Deductible analysis

One of the more difficult decisions when buying car insurance is which deductibles should you choose. The rates below can help you understand the difference in cost when you choose different physical damage deductibles. The first data set uses a $100 deductible for comp and collision and the second pricing table uses a $1,000 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Arizona minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in vehicle garaging location which can affect price quotes significantly.

Using the premium rates above, we can conclude that using a $100 deductible will cost you roughly $48 more each month or $576 each year across all Cadillac CTS-V models than buying the higher $1,000 deductible. Since the policyholder would be required to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 19 months between claim filings, you would come out ahead by selecting a higher deductible.

The example below shows how different deductible levels and can affect Cadillac CTS-V insurance premiums for each age group. Data assumes a single male driver, comprehensive and collision coverage, and no other discounts are factored in.

Full coverage rates vs. liability-only in Scottsdale

The example below compares Cadillac CTS-V insurance premiums with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The data is based on no claims or driving violations, $500 deductibles, single marital status, and no discounts are factored in.

Are you wasting money on full coverage?

There is no definitive rule for phasing out comprehensive and collision coverage on your policy, but there is a broad guideline. If the annual cost of your full coverage insurance is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you may want to consider only buying liability coverage.

For example, let’s assume your Cadillac CTS-V settlement value is $5,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled in an accident, the most your company will settle for is $4,000 after you pay the deductible. If you are currently paying more than $400 annually for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are some situations where eliminating full coverage is not recommended. If you have an outstanding loan on your vehicle, you are required to maintain full coverage as part of the loan conditions. Also, if you can’t afford to buy a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Take policy discounts and save on Cadillac CTS-V insurance in Scottsdale

Some providers don’t always list the entire discount list very well, so we researched some of the best known as well as some of the hidden discounts that you may qualify for. If you don’t get every credit you qualify for, you are not getting the best rate possible.

• Pay Upfront and Save – By paying your policy upfront rather than spreading payments over time you could save up to 5%.
• Air Bags and Passive Restraints – Cars that have air bags could see savings of 20% or more.
• Club Memberships – Being a member of qualifying employment or professional organizations is a simple method to lower premiums on auto insurance.
• Discount for Life Insurance – Not every insurance company offers life insurance, but if they do you may earn a discount if you purchase auto and life insurance together.
• Student Discount for Driver Training – Cut your cost by having your teen driver successfully take a driver’s education course as it will make them better drivers and lower rates.
• Accident Free – Insureds who avoid accidents and claims pay much less when compared with insureds who have frequent claims or accidents.

Remember that most of the big mark downs will not be given to all coverage premiums. Most cut specific coverage prices like collision or personal injury protection. Just because you may think you could get a free auto insurance policy, you won’t be that lucky.

The illustration below shows the comparison of Cadillac CTS-V auto insurance rates with and without discounts applied to the rates. The premium estimates are based on a male driver, no claims or driving violations, Arizona state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-policy, claim-free, homeowner, safe-driver, and multi-car discounts applied.

Larger auto insurance companies and the discounts they provide can be read below.

• State Farm offers discounts including safe vehicle, Drive Safe & Save, multiple policy, multiple autos, anti-theft, good student, and good driver.
• Progressive offers premium reductions for online signing, multi-policy, continuous coverage, homeowner, good student, and multi-vehicle.
• Progressive includes discounts for online quote discount, online signing, multi-policy, good student, and continuous coverage.
• MetLife discounts include defensive driver, accident-free, claim-free, good student, good driver, multi-policy
• Farm Bureau may have discounts that include safe driver, renewal discount, multi-vehicle, youthful driver, and 55 and retired.
• GEICO may offer discounts for military active duty, multi-vehicle, seat belt use, five-year accident-free, and defensive driver.
• SAFECO policyholders can earn discounts including homeowner, bundle discounts, teen safe driver, accident prevention training, and drive less.

Before you buy a policy, ask every prospective company how you can save money. Some discounts may not be offered in Scottsdale. To see a list of companies that offer some of these discounts in Arizona, follow this link.

How Insurance Companies Determine Cadillac CTS-V Insurance Premiums

Multiple criteria are considered when you quote your car insurance policy. Some factors are common sense like an MVR report, but other criteria are less obvious such as your marital status or your commute time.

• Long commutes cost more – The more you drive your Cadillac every year the higher the price you pay to insure it. Most companies rate vehicles based upon how much you drive. Cars that sit idle most of the time get more affordable rates compared to those used for work or business. Having an incorrect usage rating on your CTS-V is just wasting money. Double check that your car insurance policy states the correct usage.
• Choose high IIHS safety ratings and save – Vehicles that have high safety ratings tend to be cheaper to insure. Vehicles engineered for safety result in less severe injuries and lower rates of occupant injuries translates directly to fewer claims which can mean better rates for you. If your Cadillac has at least an “acceptable” rating on the Insurance Institute for Highway Safety website it may be receiving lower rates.
• High deductibles lower prices – Protection for physical damage, aka comp and collision, covers damage that occurs to your Cadillac. Examples of covered claims would be collision with another vehicle, flood damage, and windstorm damage. Deductibles for physical damage are the amount of money you are required to spend if you file a covered claim. The more of the claim you pay before a claim is paid (deductible), the bigger discount you will receive.

• High performance vehicles cost more to insure – The make and model of the car you are insuring makes a huge difference in determining your rates. The lowest performance passenger vehicles usually are quite affordable to insure, but there are many factors that impact the final cost.

  The next chart uses these variables: single female driver age 20, full coverage with $1000 deductibles, and no discounts or violations. It compares Cadillac CTS-V policy rates compared to other models that have a range of performances.

• Gender matters – Over the last 30 years, statistics show women tend to be less risk to insure than men. It does not mean males are worse at driving than females. Women and men are responsible for auto accidents in similar numbers, but men have accidents that have higher claims. Men also receive more costly citations such as driving while intoxicated (DWI) or driving recklessly.

  The chart below shows the comparison of Cadillac CTS-V car insurance costs for male and female drivers. Data assumes no claims or driving citations, full physical damage coverage, $1,000 deductibles, drivers are not married, and no additional discounts are factored in.

• Poor driving leads to higher prices – How you drive impacts premiums far more than you think. Even one speeding ticket can boost insurance rates by twenty percent. Drivers with clean records get better prices compared to drivers with tickets. Drivers who have received license-revoking violations like reckless driving, hit and run or driving under the influence may face state-mandated requirements to file a proof of financial responsibility form (SR-22) with the DMV in their state in order to legally drive.

  The chart below demonstrates how speeding tickets and at-fault fender-benders influence Cadillac CTS-V car insurance costs for different age groups. The rate quotes are based on a married male driver, comp and collision included, $250 deductibles, and no policy discounts are applied.

• Never allow your coverage to lapse – Not maintaining insurance is a big no-no and as a result your rates will increase for letting your insurance coverage expire. Not only will you pay higher rates, failure to provide proof of insurance could result in a revoked license or a big fine. You may then have to provide proof of insurance in the form of an SR-22 filing with the Arizona motor vehicle department to get your license reinstated.

• Experienced drivers pay less – More mature drivers tend to be more responsible, cause fewer claims and accidents, and tend to be get fewer driving tickets. Inexperience drivers have been known to be less responsible with other occupants in the car therefore car insurance rates are much higher.

  The following chart uses these variables: single driver, full coverage with $1000 deductibles, and no discounts or violations.

• Cadillac CTS-V insurance loss probability – Companies use claims history when they file their rates in each state. Vehicles that have higher claim frequency or loss amount will cost more for coverage. The table shown below demonstrates the historical loss data for Cadillac CTS-V vehicles.

  For each policy coverage type, the statistical loss for all vehicles compiled together is set at 100. Numbers under 100 suggest a better than average loss history, while percentage values above 100 show a trend for more claims or statistically larger losses.

  
  

  Insurance Loss Ratings for Cadillac CTS-V Vehicles

  Vehicle 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: Insurance Institute for Highway Safety for 2013-2015 Model Years

Will just any policy work for me?

When it comes to buying coverage online or from an agent, there really isn’t a cookie cutter policy. You are unique.

These are some specific questions might point out whether your personal situation would benefit from an agent’s advice.

• Do I pay less if my vehicle is kept in my garage?
• Am I covered if I drive in a foreign country?
• Do I need replacement cost coverage on my Cadillac CTS-V?
• How do I insure my teen driver?
• What is an adequate liability insurance limit?
• How much liability insurance is required?
• What exactly is covered by my policy?
• Am I missing any policy discounts?
• Should I file a claim if it’s only slightly more than my deductible?
• Am I covered if I hit a deer?

If you can’t answer these questions, you might consider talking to an agent. If you want to speak to an agent in your area, fill out this quick form.

You may want advice from an agent

A small number of people just want to get advice from a local agent and that is not a bad decision The biggest benefit of comparing insurance prices online is that drivers can save money and get better rates but still work with a licensed agent. Buying from and supporting small agencies is especially important in Scottsdale.

To help locate an agent, after submitting this short form, your information is transmitted to participating agents in Scottsdale who want to provide quotes and help you find cheaper coverage. There is no need to contact any agents since rate quotes are delivered immediately to you. You can find the lowest rates and a licensed agent to work with. If you have a need to get a comparison quote from a specific auto insurance provider, you would need to visit that company’s website and give them your coverage information.

Shown below is a list of insurance companies in Scottsdale who can help you get price quote information for Cadillac CTS-V insurance in Scottsdale.

More Scottsdale agents

Picking the best company requires you to look at more than just the price. You should also get answers to these questions.

• Which family members are covered?
• If they are an independent agency in Scottsdale, which companies do they recommend?
• Where would glass claims be handled in Scottsdale?
• If your car is totaled, how to they determine the replacement cost?
• Is the agency covered by Errors and Omissions coverage?

Upon receiving acceptable answers to any questions you may have as well as a price you’re happy with, you may have found an provider that can be relied on to adequately provide auto insurance.

Best auto insurance in Scottsdale

Choosing a highly-rated company can be challenging considering how many choices drivers have in Arizona. The ranking data displayed below could help you pick which providers to look at purchasing a policy from.

Top 10 Scottsdale Car Insurance Companies Ranked by Value

1. USAA
2. American Family
3. The Hartford
4. Titan Insurance
5. The General
6. Mercury Insurance
7. AAA Insurance
8. State Farm
9. Nationwide
10. Safeco

Cheap insurance is out there

Drivers switch companies for any number of reasons including delays in responding to claim requests, policy cancellation, being labeled a high risk driver and even unfair underwriting practices. Regardless of your reason, finding a new company can be less work than you think.

As you shop your coverage around, it’s very important that you do not buy lower coverage limits just to save a few bucks. In many instances, someone dropped physical damage coverage only to find out that it was a big mistake. Your goal should be to purchase plenty of coverage at the best price, not the least amount of coverage.

You just read many tips how you can get a better price on Cadillac CTS-V insurance in Scottsdale. The most important thing to understand is the more you quote Scottsdale car insurance, the higher the chance of saving money. You may even be surprised to find that the lowest priced insurance comes from a small mutual company.

Steps to finding cheaper quotes for Cadillac CTS-V insurance in Scottsdale

The most effective way to get cheaper Cadillac CTS-V insurance in Scottsdale is to compare prices regularly from companies in Arizona. You can shop around by following these guidelines.

1. Read about coverages and the modifications you can make to prevent expensive coverage. Many rating factors that increase rates like speeding and an unacceptable credit history can be rectified by being financially responsible and driving safely.
2. Compare price quotes from independent agents, exclusive agents, and direct companies. Exclusive agents and direct companies can only quote rates from one company like Progressive or State Farm, while independent agents can quote rates from multiple sources. Find a Scottsdale insurance agent
3. Compare the new rate quotes to your existing policy to see if you can save by switching companies. If you find a better price, make sure there is no lapse between the expiration of your current policy and the new one.
4. Provide notification to your current agent or company to cancel your current car insurance policy. Submit a signed application and payment to your new company or agent. Immediately keep the new certificate verifying proof of insurance in your glove compartment.

One key aspect when comparing rates is to make sure you’re comparing the same amount of coverage on every price quote and and to get prices from as many companies as feasibly possible. Doing this ensures a fair rate comparison and a thorough price selection.

Helpful resources

• Neck Injury FAQ (iihs.org)
• What Insurance is Cheapest for a Ford Focus in Scottsdale? (FAQ)
• Side Impact Crash Tests (iihs.org)
• Top Signs Your Brakes are Giving Out (State Farm)
• Auto Insurance 101 (About.com)