There isn’t anyone who rejoices having to buy insurance, especially when they are aware that they are paying too much.
Shockingly, most consumers kept their coverage with the same insurance company for at least the last four years, and 38% of drivers have never even shopped around for cheap coverage. Washington drivers could save themselves nearly 40% a year by just shopping around, but they underestimate the actual amount they would save if they bought a different policy.
There are many insurance companies to purchase coverage from, and though it is a good thing to be able to choose, more options can take longer to compare rates and find the lowest cost insurance.
It is always a good idea to get comparison quotes quite often because insurance prices tend to go up over time. Despite the fact that you may have had the best price on Cadillac SRX insurance in Seattle six months ago you will most likely find a better rate quote today. Forget anything you know (or think you know) about insurance because you’re about to find out the easiest way to get good coverage on Cadillac SRX insurance in Seattle at a lower rate.
Comparing rates for the best insurance in Seattle is simple if you know the tricks. Just about every car owner who comparison shops for insurance will find a cheaper policy. Although Washington car owners do need to learn how companies market on the web and use it to your advantage.
Companies offering competitive Cadillac SRX rates in Seattle, WA
The following companies offer comparison quotes in Seattle, WA. If more than one company is shown, we recommend you compare several of them in order to get a fair rate comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|SRX Luxury 2WD||$246||$588||$384||$22||$114||$1,354||$113|
|SRX Luxury AWD||$250||$510||$300||$18||$90||$1,168||$97|
|SRX Performance 2WD||$180||$348||$278||$16||$82||$904||$75|
|SRX Performance AWD||$274||$610||$310||$18||$92||$1,304||$109|
|SRX Premium 2WD||$280||$598||$356||$22||$106||$1,362||$114|
|SRX Premium AWD||$200||$412||$334||$20||$100||$1,066||$89|
|Get Your Own Custom Quote Go|
Data rating is based on single female driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Washington minimum liability limits. Discounts applied include claim-free, safe-driver, multi-vehicle, multi-policy, and homeowner. Premium costs do not factor in the specific area where the vehicle is garaged which can revise prices substantially.
An analysis of deductible level
The information below highlights how deductible choice and can impact Cadillac SRX insurance costs for different age groups. The premiums are based on a single male driver, full coverage, and no discounts are applied.
Smart Buyers Know How to Get Auto Insurance More Affordably
Multiple criteria are used when premium rates are determined. Some factors are common sense such as your driving history, but some are more obscure like your continuous coverage or how safe your car is.
Where you live can impact costs – Residing in a small town is a positive aspect when buying auto insurance. Urban drivers tend to have congested traffic and more severe claims. Fewer people means a lower chance of having an accident in addition to lower liability claims
Performance influences insurance premiums – The type of vehicle you need insurance for makes a significant difference in the rate you pay. The cheapest rates tend to be for lower cost passenger models, but your final cost has many other factors. Since the Cadillac SRX is classified as a luxury sedan, rates will be more when compared to the average rates in Seattle.
Save annual miles and save money – The higher the miles on your Cadillac each year the higher your rates will be. A lot of insurance companies apply a rate based on how the vehicle is used. Cars and trucks that do not get driven very much receive lower rates as compared to vehicles used primarily for driving to work. Improper usage on your SRX may be wasting your money. Double check that your declarations sheet shows annual mileage.
Reserve claims for larger damages – If you file claims often, you can look forward to increased rates or even have your policy non-renewed. Companies in Washington provide the best rates to insureds who file claims infrequently. Your insurance policy is intended for major claims that would cause financial hardship.
Avoid auto insurance policy lapses – Driving without insurance coverage in place is not a good idea and as a result your rates will increase for letting your coverage have a gap. And not only will insurance be more expensive, failure to provide proof of insurance will get you a revoked license or a big fine. Then you may be required to prove you have insurance by filing a SR-22 with the Washington motor vehicle department.
Little extras can really add up – There are quite a few optional add-on coverages that can add up if you aren’t careful. Things like rental car reimbursement, towing, and term life insurance are some examples. These coverages may sound good when buying your policy, but if you have no use for them think about removing them and cutting costs.
Safer vehicles cost less to insure – Safer cars are cheaper to insure. Highly rated vehicles reduce injuries and fewer injuries means your insurance company pays less and cheaper rates on your policy. If your Cadillac SRX is rated at least an “acceptable” rating on the Insurance Institute for Highway Safety website you are probably receiving a discount.
Insurance loss data for Cadillac SRX vehicles – Auto insurance companies analyze historical claim data as a tool for profitable underwriting. Vehicles that the statistics show to have increased losses will have increased rates. The table shown below demonstrates the loss history for Cadillac SRX vehicles.
For each insurance policy coverage type, the loss probability for all vehicles, as an average, is a value of 100. Percentages below 100 are indicative of better than average losses, while numbers above 100 indicate more frequent losses or statistically larger losses.
Cadillac SRX Insurance Loss Statistics
|Vehicle Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Cadillac SRX 4dr 2WD||103||101||84||80||82||91|
|Cadillac SRX 4dr 4WD||109||106||103||78||75||83|
Statistics from IIHS.org for 2013-2015 Model Years
Discounts for cheap insurance quotes
Insuring your vehicles can cost a lot, but you may find discounts that many consumers don’t even know exist. Some discounts apply automatically at the time of quoting, but once in a while a discount must be asked for before you get the savings.
- Safe Driver Discounts – Insureds without accidents could pay up to 40% less compared to accident prone drivers.
- Seat Belt Usage – Forcing all vehicle occupants to wear their seat belts can save a little on the medical payments or PIP coverage costs.
- Military Discounts – Being on active duty in the military may qualify for rate reductions.
- Pay Early and Save – By paying your policy upfront instead of making monthly payments you may have a lower total premium amount.
- Discount for Multiple Policies – If you insure your home and vehicles and insure them with the same company you may save at least 10% off all policies.
One last thing about discounts, most of the big mark downs will not be given to your bottom line cost. Some only apply to the cost of specific coverages such as medical payments or collision. Just because you may think all those discounts means the company will pay you, nobody gets a free ride.
If you would like to view insurance companies that offer discounts in Washington, follow this link.
Independent or exclusive car insurance agents
Some consumers just want to buy from a local agent and there is nothing wrong with that. One of the benefits of getting online price quotes is the fact that you can find better rates and still buy from a local agent. And supporting neighborhood insurance agencies is especially important in Seattle.
To help locate an agent, after submitting this form (opens in new window), the coverage information is sent to companies in Seattle who will return price quotes for your business. You don’t have to even leave your home since price quotes are sent immediately to your email address. You can find better rates and work with a local agent. If you want to get a price quote from a specific company, don’t hesitate to navigate to their website and fill out the quote form the provide.
If you would like to find local Seattle agents, it’s important to understand the different types of agencies and how they can quote your rates. Seattle agents can be described as either independent agents or exclusive agents depending on their employer.
Independent Agents (or Brokers)
Agents that elect to be independent are not required to write business for one company so they can write business with an assortment of companies enabling the ability to shop coverage around. To move your coverage to a new company, they can switch companies in-house and you can keep the same agent.
When searching for an agent, you definitely need to compare quotes from multiple independent agents to get the best comparison.
The following is a list of independent insurance agencies in Seattle that may be able to give free car insurance rate quotes.
Exclusive Car Insurance Agencies
Exclusive agents can only provide one company’s prices such as Farmers Insurance, Allstate, or State Farm. These agents are unable to give you multiple price quotes so they have no alternatives for high prices. Exclusive agents are usually well trained on the products they sell and that allows them to sell at a higher price point.
Shown below are exclusive insurance agents in Seattle willing to provide comparison quotes.
Choosing a auto insurance agent needs to be determined by more than just a cheap quote. Below are some questions you should ask.
- Does the agency have a good rating with the Better Business Bureau?
- Is assistance available after office hours?
- By raising physical damage deductibles, how much would you save?
- If you have an accident, will your rates go up?
- How long has their agency been in business in Seattle?
If you get positive feedback to all your questions and cheap SRX insurance quotes, it’s a good possibility that you have found an insurance agent that can be trusted to insure your vehicles. Just be aware that consumers can terminate your policy for any reason so don’t assume that you are permanently stuck with any specific company for the full policy term.
Big brands don’t always mean big savings
Companies like Progressive, Allstate and GEICO continually stream television and radio advertisements. They all have a common claim about how much you will save if you get a free Seattle car insurance quote and switch your auto insurance policy to them. That’s great but how can every company make the same claim? This is the trick they use.
Auto insurance companies have underwriting criteria for the type of driver that will add to their bottom line. For example, this type of insured might be a married male, carries high limits, and insures a new vehicle. Any person that matches those criteria will qualify for the lowest rates in Seattle and is almost guaranteed to save quite a bit of money when switching.
Insureds who do not fit these stringent criteria will be quoted more expensive rates which usually ends up with the customer buying from a different company. The ads say “customers that switch” not “everyone who quotes” can get the lowest rates when switching. That’s the way companies can truthfully claim big savings.
That is why you should compare price quotes frequently. It is impossible to guess which insurance companies will have the best Cadillac SRX insurance in Seattle.
Quote more to save more
Affordable Cadillac SRX insurance in Seattle can be found online and also from your neighborhood Seattle agents, and you should compare price quotes from both in order to have the best price selection to choose from. Some insurance companies may not provide rates over the internet and many times these small insurance companies sell through independent insurance agencies.
In this article, we presented a lot of tips how to shop for Cadillac SRX insurance online. The most important thing to understand is the more providers you compare, the better your chances of lowering your car insurance rates. Consumers may even find the lowest rates are with a company that doesn’t do a lot of advertising. These companies may only write in your state and offer lower car insurance rates as compared to the big name companies such as State Farm, GEICO and Nationwide.
To learn more, link through to these articles:
- What if I Can’t Find Coverage? (Insurance Information Institute)
- Who Has Cheap Auto Insurance Quotes for a Ford Escape in Seattle? (FAQ)
- Who Has the Cheapest Auto Insurance for a Nissan Sentra in Seattle? (FAQ)
- Distracted Driving Statistics (Insurance Information Institute)
- How Does Hitting a Deer Impact Insurance Rates? (Allstate)
- How to Avoid Staged Accidents (State Farm)
- Bodily Injury Coverage (Liberty Mutual)