Cheapest Insurance for a Cadillac CTS in Denver

Insurance for Cadillac CTSAre you researching cheaper Cadillac CTS insurance in Denver? Cutting costs on Cadillac CTS insurance in Denver is always kind of frustrating for drivers who have little experience online comparison shopping. With a ridiculous number of insurance companies available, it can quickly become a lot of work to find cheaper Cadillac CTS insurance rates.

A study showed that a large majority of drivers kept buying from the same company for over three years, and virtually 40% of consumers have never compared auto insurance rates at all. With the average premium in the United States being $1,847, drivers could cut their rates by almost $850 a year, but most just don’t grasp the rate savings if they just switched companies.

Get cheaper Cadillac CTS insurance rates in Denver

Companies that sell car insurance do not advertise every possible discount in a way that’s easy to find, so the list below details some of the more common and also the more inconspicuous discounts that may be available.Discount insurance

Discounts save money, but please remember that most of the big mark downs will not be given to the whole policy. Most only apply to specific coverage prices like physical damage coverage or medical payments. Even though it may seem like it’s possible to get free car insurance, insurance companies wouldn’t stay in business.

To view providers with the best discounts in Denver, click here to view.

To find affordable Cadillac CTS insurance quotes, there are several ways to get quotes from different companies. The easiest way by far to find affordable Cadillac CTS insurance rates consists of obtaining rate quotes online. Just remember that comparing more prices increases your odds of finding a better price. Not every company provides online price quotes, so it’s recommended that you also compare prices from them, too.

The providers in the list below are our best choices to provide free rate quotes in Colorado. If multiple providers are shown, we recommend you get prices from several of them to get a more complete price comparison.

Cadillac CTS Insurance Rate Estimates in Denver, CO
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $214 $448 $396 $24 $118 $1,200 $100
CTS $214 $448 $396 $24 $118 $1,200 $100
CTS Luxury AWD $172 $360 $362 $22 $108 $1,024 $85
CTS Performance AWD $388 $740 $460 $28 $138 $1,754 $146
CTS Luxury $236 $514 $330 $20 $98 $1,198 $100
CTS Performance $264 $608 $396 $24 $118 $1,410 $118
CTS Sport $162 $402 $396 $24 $118 $1,102 $92
CTS Premium $202 $442 $456 $28 $136 $1,264 $105
CTS Premium AWD $326 $762 $396 $24 $118 $1,626 $136
Get Your Own Custom Quote Go

Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include claim-free, safe-driver, homeowner, multi-vehicle, and multi-policy. Premium costs do not factor in specific location information which can affect premiums greatly.

Policy deductible comparison

When comparing car insurance rates, the most common question is which deductibles should you choose. The premium rates below show the price difference when you buy lower versus higher insurance deductibles. The first set of prices uses a $100 physical damage deductible and the second data table uses a $1,000 deductible.

Cadillac CTS insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $342 $644 $352 $20 $106 $1,489 $124
CTS $342 $644 $352 $20 $106 $1,489 $124
CTS Luxury AWD $342 $740 $352 $20 $106 $1,585 $132
CTS Performance AWD $342 $740 $352 $20 $106 $1,585 $132
CTS Luxury $342 $740 $352 $20 $106 $1,585 $132
CTS Performance $342 $740 $352 $20 $106 $1,585 $132
CTS Sport $342 $740 $352 $20 $106 $1,585 $132
CTS Premium $380 $740 $352 $20 $106 $1,623 $135
CTS Premium AWD $380 $740 $352 $20 $106 $1,623 $135
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Cadillac CTS insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $190 $340 $352 $20 $106 $1,008 $84
CTS $190 $340 $352 $20 $106 $1,008 $84
CTS Luxury AWD $190 $390 $352 $20 $106 $1,058 $88
CTS Performance AWD $190 $390 $352 $20 $106 $1,058 $88
CTS Luxury $190 $390 $352 $20 $106 $1,058 $88
CTS Performance $190 $390 $352 $20 $106 $1,058 $88
CTS Sport $190 $390 $352 $20 $106 $1,058 $88
CTS Premium $210 $390 $352 $20 $106 $1,078 $90
CTS Premium AWD $210 $390 $352 $20 $106 $1,078 $90
Get Your Own Custom Quote Go

Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Colorado minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Premium amounts do not factor in the specific area where the vehicle is garaged which can lower or raise auto insurance rates greatly.

Based on the data above, we can derive that using a $100 deductible will cost in the ballpark of $43 more each month or $516 a year than opting for the higher $1,000 deductible. Because you would be required to pay $900 more if you file a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to go more than 21 months between claims, you would more than likely save some money if you choose the higher deductible.

How to determine if raising deductibles makes sense

Average monthly premium for $100 deductibles: $131
Average monthly premium for $1,000 deductibles (subtract): – $88
Monthly savings from raising deductible: $43
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $43
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 21 months

An important sidenote is that increasing deductibles to lower your rates results in having to pay to pay more out-of-pocket when you file a claim. You must have enough extra savings in the event you need to pay more to get your vehicle repaired.

Difference between full coverage and liability only rates

The information below shows the difference between Cadillac CTS insurance costs with full coverage compared to only the Colorado minimum liability coverage. The rate quotes are based on no claims, a clean driving record, $250 deductibles, single female driver, and no policy discounts are applied.

When to stop buying physical damage coverage

There is no definitive guideline for dropping comp and collision coverage, but there is a general school of thought. If the annual cost of having full coverage is about 10% or more of the replacement cost of your vehicle minus the policy deductible, then it might be time to consider dropping full coverage.

For example, let’s assume your Cadillac CTS claim settlement value is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $3,000 after paying your deductible. If it’s costing you more than $300 a year for comprehensive and collision coverage, then you might want to consider buying only liability coverage.

There are some circumstances where dropping full coverage is not advised. If you still have a loan on your vehicle, you have to keep full coverage as part of the loan requirements. Also, if you can’t afford to buy a different vehicle in the event your current vehicle is totaled, you should keep full coverage on your policy.

Local agents and auto insurance

Certain consumers would prefer to visit with an insurance agent and that can be a smart move One of the great benefits of getting online price quotes is you may find cheap auto insurance quotes and still have an agent to talk to.

Insurance agency in DenverOnce you complete this simple form, your coverage information is emailed to local insurance agents who will gladly provide quotes for your auto insurance coverage. You never need to do any legwork because quoted prices will be sent to the email address you provide. You can find the lowest rates without a big time investment. If for some reason you want to get a price quote from a specific auto insurance provider, you just need to navigate to their website and give them your coverage information.

Choosing an insurer shouldn’t rely on just the bottom line cost. The following questions are important to ask.

Types of car insurance agents

When looking for a local insurance agency, it’s important to understand the different types of agents and how they differ in how they can insure your vehicles. Denver agents may be either independent or exclusive depending on the company they work for.

Exclusive Insurance Agents

Exclusive agents generally can only insure with one company and examples are AAA, State Farm, Farmers Insurance, and Allstate. Exclusive agents cannot compare rates from other companies so keep that in mind. Exclusive agents are well trained on their products and sales techniques which aids in selling service over price. Some insured continue to purchase coverage from exclusives mostly because of high brand loyalty and the convenience of having a single billing for all their coverages.

Shown below is a short list of exclusive insurance agencies in Denver who can help you get rate quotes.

More insurance agents

Independent Agents (or Brokers)

Independent agencies often have affiliation with several companies so they can insure your vehicles with many different companies and find you cheaper rates. To move your coverage to a new company, the business is moved internally without you having to go to a different agency.

When comparing auto insurance prices, it’s a good idea to get insurance quotes from at least one independent agent to get the best comparison. Most also write with companies that do not advertise much which can save you money.

Below is a short list of independent insurance agencies in Denver who can help you get comparison quotes.

More insurance agents

Do the work, save more money

Consumers who switch companies do it for many reasons like an unsatisfactory settlement offer, unfair underwriting practices, poor customer service or even delays in paying claims. Regardless of your reason for switching companies, finding a great new company is easier than you think.

In this article, we covered some good ideas how to get a better price on Cadillac CTS insurance in Denver. It’s most important to understand that the more quotes you get, the higher your chance of finding inexpensive Denver auto insurance quotes. You may even be surprised to find that the lowest rates come from some of the lesser-known companies.

Some insurance companies do not offer internet price quotes and usually these regional carriers only sell coverage through local independent agents. The cheapest Cadillac CTS insurance in Denver can be found both online in addition to many Denver insurance agents, and you should be comparing both to have the best rate selection.

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