Compare Cadillac Escalade EXT Insurance Quotes in Plano

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The best way to get affordable car insurance rates in Plano is to compare prices regularly from insurance carriers in Texas.

First, read about how your policy works and the steps you can take to keep rates in check. Many rating factors that cause rate increases such as accidents, traffic violations, and a bad credit score can be rectified by making lifestyle changes or driving safer. Read the full article for additional ideas to find cheap prices and get additional discounts that may be available.

Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give prices from a single company like GEICO or Allstate, while independent agencies can quote rates for a wide range of companies.

Third, compare the quotes to your existing policy to see if you can save by switching companies. If you find a better price and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.

Fourth, notify your agent or company to cancel your current car insurance policy. Submit the completed application along with a down payment for your new policy. Immediately keep your new proof of insurance paperwork in your vehicle's glove compartment or console.

The key aspect of shopping around is to try to use identical coverages on every price quote and and to get price quotes from as many companies as you can. Doing this guarantees a fair rate comparison and and a good selection of different prices.

Insurance for Cadillac Escalade EXTUnbelievably, about 70% of customers kept buying from the same company for over three years, and nearly the majority have never taken the time to shop around. Plano consumers can cut their rates by approximately $1,770 a year by just comparing rate quotes, but they don't know the actual amount they would save if they switch to a new company.

Finding the cheapest insurance coverage in Plano is actually not that difficult if you follow our advice. If you have coverage now, you will most likely be able to find the best rates using the ideas you're about to read. Nevertheless, Texas car owners can benefit by having an understanding of the way insurance companies charge you for coverage and use it to your advantage.

Just keep in mind that having more price comparisons helps locate lower pricing. Some insurance companies are not set up to provide rate quotes online, so it's recommended that you also compare rates from them as well.

The companies shown below provide quotes in Texas. If your goal is to find cheap car insurance in Plano, TX, we suggest you click on several of them to find the most competitive auto insurance rates.

Cadillac Escalade EXT insurance rates and statistics

The rate information displayed below outlines detailed analysis of coverage prices for Cadillac Escalade EXT models. Knowing how rate quotes are calculated can help customers make smart choices when comparing insurance quotes.

Cadillac Escalade EXT Insurance Rates in Plano, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade EXT 4WD $508 $762 $500 $30 $150 $1,950 $163
Escalade EXT Luxury Edition 4WD $508 $762 $500 $30 $150 $1,950 $163
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Premium data assumes single male driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and Texas minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in your specific Plano location which can increase or decrease prices greatly.

Higher deductibles save money

One of the more difficult decisions when buying car insurance is the level to set your comp and collision deductibles. The data tables below approximate the premium difference between low and high deductibles. The first set of prices uses a $250 deductible for physical damage and the second rate chart uses a $1,000 deductible.

Cadillac Escalade EXT insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade EXT 4WD $446 $762 $382 $22 $114 $1,751 $146
Escalade EXT Luxury Edition 4WD $446 $762 $382 $22 $114 $1,751 $146
Get Your Own Custom Quote Go
Cadillac Escalade EXT insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade EXT 4WD $276 $478 $382 $22 $114 $1,272 $106
Escalade EXT Luxury Edition 4WD $276 $478 $382 $22 $114 $1,272 $106
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Texas minimum liability limits. Discounts applied include multi-policy, multi-vehicle, claim-free, safe-driver, and homeowner. Price estimates do not factor in vehicle location which can revise rates significantly.

We can derive from the above data that using a $250 deductible will cost you roughly $40 more each month or $480 for a full year than selecting the higher $1,000 deductible. Since you would pay $750 more if you turn in a claim with a $1,000 deductible as compared to a $250 deductible, if you go at least 19 months between claim filings, you would save money if you choose a higher deductible.

How to calculate deductible break even point

Average monthly premium for $250 deductibles: $146
Average monthly premium for $1,000 deductibles (subtract): - $106
Monthly savings from raising deductible: $40
Difference between deductibles ($1,000 - $250): $750
Divide difference by monthly savings: $750 / $40
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 19 months

Reckless driving habits raise Plano car insurance rates

The illustration below demonstrates how speeding tickets and at-fault claims increase Cadillac Escalade EXT insurance costs for different age categories. The information is based on a married male driver, comprehensive and collision coverage, $100 deductibles, and no other discounts are factored in.

Here's why auto insurance is not optional

Despite the high cost, insurance may be required and benefits you in several ways.

  • Most states have mandatory insurance requirements which means you are required to buy a minimum amount of liability in order to license the vehicle. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
  • If you took out a loan on your vehicle, almost every bank will require you to carry insurance to guarantee payment of the loan. If coverage lapses or is canceled, the bank may buy a policy for your Cadillac at a much higher premium rate and force you to reimburse them much more than you were paying before.
  • Auto insurance protects not only your car but also your financial assets. It will also provide coverage for medical transport and hospital expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, also pays for attorney fees and expenses in the event you are sued. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will cover the repair costs.

The benefits of having insurance more than offset the price you pay, especially if you ever need it. On average, a vehicle owner in Plano is overpaying over $800 each year so shop around at least once a year to be sure current rates are still competitive.

Affordable Cadillac Escalade EXT insurance rates in Plano

Insurance can be prohibitively expensive, but there are discounts available that many consumers don't even know exist. A few discounts will be applied at the time you complete a quote, but some discounts are required to be specifically requested before you get the savings.Car insurance discounts

  • Include Life Insurance and Save - Not all insurance companies offer life insurance, but some may give you a discount if you purchase a life insurance policy as well.
  • Seat Belts Save - Requiring all passengers to wear their seat belts can save a little on the medical payments or PIP coverage costs.
  • Own a Home and Save - Simply owning a home can help you save on car insurance due to the fact that maintaining a home requires personal responsibility.
  • Good Drivers - Drivers who avoid accidents could pay up to 40% less than their less cautious counterparts.
  • Smart Student Discounts - Excelling in school could provide a savings of up to 20% or more. This discount can apply up until you turn 25.
  • Membership in Organizations - Being a member of a qualifying organization may earn a discount when getting a Plano car insurance quote.
  • Accident Forgiveness Coverage - This one is not really a discount per se, but a handful of insurance companies will turn a blind eye to one accident without raising rates so long as you haven't had any claims for a set time period.
  • Government Employee Discount - Having worked for a branch of the government could qualify for a slight premium decrease with some car insurance companies.
  • Drive Less and Save - Fewer annual miles on your Cadillac may enable drivers to earn lower car insurance rates due to less chance of an accident.

One thing to note about discounts is that some credits don't apply to the whole policy. Most only reduce individual premiums such as liability and collision coverage. So even though they make it sound like adding up those discounts means a free policy, car insurance companies aren't that generous.

The example below visualizes the comparison of Cadillac Escalade EXT auto insurance costs with and without discounts applied to the premium. The data assumes a male driver, no accidents, no driving violations, Texas state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, homeowner, marriage, claim-free, multi-policy, and multi-car discounts applied.

A few of the larger companies and a summarized list of policyholder discounts are:

  • Mercury Insurance may have discounts that include multi-car, good student, ease of repair, good driver, type of vehicle, location of vehicle, and accident-free.
  • Farmers Insurance may offer discounts for switch companies, early shopping, teen driver, bundle discounts, electronic funds transfer, multi-car, and homeowner.
  • Farm Bureau offers discounts for multi-vehicle, youthful driver, multi-policy, driver training, safe driver, good student, and 55 and retired.
  • State Farm has savings for defensive driving training, safe vehicle, multiple policy, good driver, and student away at school.
  • Allstate may include discounts for defensive driver, teenSMART discount, resident student, new car, eSmart discount, utility vehicle, and anti-lock brakes.
  • GEICO offers discounts including military active duty, anti-lock brakes, five-year accident-free, defensive driver, membership and employees, and seat belt use.

If you want low cost Plano car insurance quotes, ask every insurance company which discounts they offer. Some credits might not apply in your state. To view insurers that offer discounts in Plano, click this link.

Do I need an insurance agent?

Many people would rather buy from a licensed agent and that is a smart decision The biggest benefit of comparing rate quotes online is that drivers can save money and get better rates but also keep your business local.

Upon completion of this short form, your insurance coverage information is instantly submitted to agents in your area that can give you free Plano car insurance quotes for your business. You never need to contact any agents because quoted prices will be sent to the email address you provide. You can find the lowest rates and a licensed agent to talk to. In the event you want to quote rates from a particular provider, just navigate to their website and complete a quote there.

Finding the right insurer requires more thought than just the price. Before buying a policy in Plano, get answers to these questions.

  • Can you choose the body shop in case repairs are needed?
  • Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
  • Do they regularly work with personal auto policies in Plano?
  • Is working in the agency their full-time job?
  • Is every driver in your family covered?

Insurance coverage basics

Knowing the specifics of a insurance policy aids in choosing the best coverages and proper limits and deductibles. Policy terminology can be impossible to understand and nobody wants to actually read their policy.

Coverage for uninsured or underinsured drivers

Your UM/UIM coverage provides protection from other drivers when they do not carry enough liability coverage. Covered claims include medical payments for you and your occupants and damage to your Cadillac Escalade EXT.

Due to the fact that many Texas drivers only purchase the least amount of liability that is required (30/60/25), their limits can quickly be used up. For this reason, having high UM/UIM coverages should not be overlooked.

Collision insurance

Collision insurance pays for damage to your Escalade EXT caused by collision with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision insurance covers claims such as driving through your garage door, crashing into a building and sideswiping another vehicle. This coverage can be expensive, so analyze the benefit of dropping coverage from lower value vehicles. It's also possible to increase the deductible on your Escalade EXT to get cheaper collision coverage.

Auto liability

Liability insurance protects you from injuries or damage you cause to a person or their property in an accident. This insurance protects YOU against other people's claims. It does not cover your injuries or vehicle damage.

Coverage consists of three different limits, bodily injury for each person, bodily injury for the entire accident, and a limit for property damage. Your policy might show liability limits of 30/60/25 that translate to $30,000 in coverage for each person's injuries, a limit of $60,000 in injury protection per accident, and property damage coverage for $25,000.

Liability coverage protects against claims such as structural damage, pain and suffering, legal defense fees and medical expenses. How much liability should you purchase? That is up to you, but consider buying as much as you can afford. Texas state law requires minimum liability limits of 30/60/25 but it's recommended drivers buy higher limits.

The illustration below demonstrates why the minimum limit may not be enough coverage.

Comprehensive insurance

This coverage pays for damage from a wide range of events other than collision. A deductible will apply then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things like rock chips in glass, damage from flooding, a tree branch falling on your vehicle, a broken windshield and vandalism. The maximum amount you'll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle's value consider removing comprehensive coverage.

Coverage for medical expenses

Med pay and PIP coverage pay for expenses such as hospital visits, rehabilitation expenses, nursing services and dental work. The coverages can be utilized in addition to your health insurance policy or if there is no health insurance coverage. They cover you and your occupants and will also cover being hit by a car walking across the street. Personal Injury Protection is not universally available but can be used in place of medical payments coverage

Plano auto insurance companies

Picking a highly-rated insurer is hard considering how many different companies insure vehicles in Texas. The information in the next section may help you decide which insurers you want to consider comparing rates from.

Top 10 Plano Car Insurance Companies Ranked by Claims Service

  1. Travelers
  2. Nationwide
  3. Allstate
  4. State Farm
  5. Liberty Mutual
  6. GEICO
  7. American Family
  8. Esurance
  9. Titan Insurance
  10. AAA Insurance

Top 10 Plano Car Insurance Companies by A.M. Best Rank

  1. Travelers - A++
  2. USAA - A++
  3. GEICO - A++
  4. State Farm - A++
  5. Titan Insurance - A+
  6. Esurance - A+
  7. Progressive - A+
  8. The Hartford - A+
  9. Allstate - A+
  10. Nationwide - A+

Keep this in mind when shopping around

You just read a lot of tips how to lower your Cadillac Escalade EXT insurance prices in Plano. The most important thing to understand is the more rate quotes you have, the higher the chance of saving money. You may even be surprised to find that the lowest priced car insurance comes from some of the smallest insurance companies.

Drivers change insurance companies for a variety of reasons including extreme rates for teen drivers, delays in responding to claim requests, unfair underwriting practices and even poor customer service. It doesn't matter why you want to switch finding a great new company is not as hard as you think.

Low-cost Cadillac Escalade EXT insurance in Plano can be purchased on the web as well as from independent agents in Plano, and you need to comparison shop both to have the best selection. Some insurance companies do not offer rates over the internet and usually these small insurance companies sell through independent agencies.

Additional information