As wonderful as it is to own a luxury vehicle, paying the car insurance premiums for such a luxury is inversely unpleasant. Some people, though, do have an opportunity to find a better deal on their Cadillac CTS auto insurance rates. Every driver on the road deserves a comprehensive insurance policy which also fits comfortably into their budget. If you’re interested to find out whether you’re paying too much, then this handy guide is for you.
The Cadillac CTS is a very popular midsize luxury sedan manufactured by General Motors. The oldest version of this vehicle started selling in 2003, and is now in its third generation which started selling back in 2014. Other than the four-door sedan model, it also comes in a two-door coupe and a 5-door Sport Wagon body style. The Cadillac CTS has been awarded many distinguished honors over the years, including the 2002 North American Car of the Year award, and 2014’s Motor Trend Car of the Year.
It looks like the award train for the Cadillac CTS is still chugging along as strong as ever. It is projected to be the number 12 car of the year in 2018. Unfortunately, despite this, it looks like the Cadillac CTS might be in a little bit of trouble. GM Authority reported that sales of the CTS model decreased by 52% in December of the previous year. However, given the successful Legacy of the CTS and it’s laundry list of awards, this model may still have a good few years left before Cadillac decides to retire it.
Where you live will have a large influence on how large or small your monthly premiums will be. Obviously, laws will vary from state-to-state, which control how much your insurance company is allowed to charge you for your policy. Even something as specific as your street address or your ZIP code can provide a lot of valuable information for your insurance company. It will help them evaluate the likelihood that you may file a claim due to an accident, and they will adjust your rates accordingly.Cadillac CTS Car Insurance by State Legend: Caddilac CTS Wisconsin Wyoming Louisiana Nebraska South Carolina 20 40 60 80 100 120 140 160 180 200 220 $93 $121 $232 $40 $104
While state laws will influence how your insurance company charges you, their own individual corporate rules will also have their own strong influence. Different companies focus on different markets, with some major providers wanting to service as many low-risk motorists as they possibly can. meanwhile, there are other insurance providers which focus on underserved driving communities – such as those with poor credit, or people who have been insured for less than three years. Choosing the right insurance company and getting the best price on your policy has a strong connection to what your needs as an individual are.Cadillac CTS Auto Insurance by Company Legend: Caddilac CTS State Auto Nationwide Encompass Allstate Liberty Mutual 15 30 45 60 75 90 105 120 135 150 165 $104 $134 $165 $119 $127
The more financially stable you are, the easier it will be for you to get the best available price on your Cadillac CTS auto insurance. For example, insurance companies tend to thank that homeowners are more financially stable than people who are still renting an apartment or living under other circumstances. Financial stability means that you will pay your premiums on time, and reliably. For some insurance companies, being financially responsible enough to afford a home also implies that you will be equally responsible behind the wheel, and less likely to get into collisions or file claims.Cadillac CTS Car Insurance Premiums: Renters vs. Homeowners Legend: Homeowner Renter State Auto Nationwide Encompass Allstate Liberty Mutual 30 60 90 120 150 180 210 240 270 300 $104 $125 $134 $156 $165 $193 $119 $147 $127 $304
Even if you don’t own your own home or live in a zip code where your current insurance provider charges the lowest rates, there are other things you can do to find a great price on your Cadillac CTS car insurance. The first and most important step you must take is to compare rates between multiple providers near you. This is the only way to know whether or not you’re getting a fair price on your policy. But using our quote generator, you can compare multiple quotes in a matter of minutes and end up saving up to 43% or more off of your next policy.