It’s an obvious statement that car insurance companies don’t want you comparing rates. Drivers who get comparison quotes once a year are likely to switch to a new company because they have good chances of finding a cheaper policy. Remarkably, a study showed that drivers who shopped around saved $850 each year compared to people who never shopped for cheaper rates.
If saving money on Cadillac Escalade EXT insurance in Nashville is the reason for your visit, then knowing how to get rate quotes and compare car insurance can save money and time.
If your goal is the lowest price, then the best way to save on Cadillac Escalade EXT insurance is to begin comparing prices regularly from insurers who sell insurance in Nashville.
- First, read and learn about auto insurance and the modifications you can make to keep rates down. Many rating factors that cause rate increases such as speeding tickets, careless driving and a less-than-favorable credit score can be improved by making minor driving habit or lifestyle changes. Continue reading for more ideas to help prevent high rates and get additional discounts that may have been overlooked.
- Second, request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can provide rates from one company like Progressive or State Farm, while independent agents can provide prices for many different companies. Get quotes now
- Third, compare the quotes to your existing coverage and determine if there is any savings. If you find a better price and decide to switch, make sure there is no coverage gap between policies.
- Fourth, provide proper notification to your current company to cancel your current auto insurance policy and submit payment and a completed application to the new company. As soon as coverage is bound, put the certificate verifying coverage along with the vehicle’s registration papers.
A key point to remember is to try to compare the same amount of coverage on every price quote and and to compare as many different insurance providers as possible. This ensures an apples-to-apples comparison and the best rate selection.
Finding the cheapest insurance coverage in Nashville is actually not that difficult if you follow our advice. If you’re already insured, you stand a good chance to be able to get lower rates using the techniques presented in this article. Although Tennessee drivers can benefit from knowing the way companies calculate your policy premium because it varies considerably.
All major car insurance companies like Progressive, Allstate and GEICO allow consumers to get coverage prices directly from their websites. Doing online quotes for Cadillac Escalade EXT insurance in Nashville is easy for anyone as all you need to do is type in your personal and coverage information on the page. After the form is submitted, their system automatically orders your credit score and driving record and returns a price based on the information you submitted.
Quoting online for Cadillac Escalade EXT insurance in Nashville makes it simple to compare prices and it’s absolutely necessary to compare as many rates as possible if you are searching for the most affordable car insurance rates.
In order to fill out one form to compare multiple rates now, compare rates from the companies below. If you have your current policy handy, we recommend you complete the form with the coverages as shown on your current policy. This ensures you will be getting an apples-to-apples comparison for exact coverage.
The companies shown below offer price quotes in Nashville, TN. To buy the best cheap car insurance in TN, we recommend you visit as many as you can to get the best price comparison.
Why you need to buy auto insurance
Despite the fact that auto insurance is not cheap in Nashville, maintaining insurance is required in Tennessee but also provides important benefits.
First, just about all states have minimum mandated liability insurance limits which means you are required to carry a specific level of liability in order to get the vehicle licensed. In Tennessee these limits are 25/50/15 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $15,000 of property damage coverage.
Second, if your Cadillac Escalade EXT has a loan, most banks will make it a condition of the loan that you have comprehensive coverage to protect their interest in the vehicle. If you do not pay your insurance premiums, the bank may buy a policy for your Cadillac at an extremely high rate and require you to fork over the higher price.
Third, insurance protects both your assets and your vehicle. It will also cover hospital and medical expenses for you, your passengers, and anyone else injured in an accident. As part of your policy, liability insurance will also pay for a defense attorney if anyone sues you for causing an accident. If you have damage to your Cadillac as the result of the weather or an accident, collision and comprehensive coverages will pay to repair the damage minus the deductible amount.
The benefits of carrying adequate insurance outweigh the cost, especially if you ever need it. Today the average American driver is overpaying more than $869 every year so it’s important to compare rates each time the policy renews to help ensure money is not being wasted.
Coverage information
The rate information displayed below covers detailed analysis of policy rates for Cadillac Escalade EXT models. Having a good grasp of how insurance prices are determined can be useful when making informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade EXT 4WD | $324 | $674 | $326 | $20 | $98 | $1,442 | $120 |
| Escalade EXT Luxury Edition 4WD | $324 | $674 | $326 | $20 | $98 | $1,442 | $120 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Tennessee minimum liability limits. Discounts applied include multi-policy, claim-free, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in vehicle location which can alter premiums noticeably.
Choosing deductibles
The hardest decision when buying coverage is how low should you set your deductibles. The rates shown below highlight the cost difference when you choose different deductibles. The first data table uses a $100 physical damage deductible and the second price grid uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade EXT 4WD | $376 | $688 | $288 | $18 | $86 | $1,481 | $123 |
| Escalade EXT Luxury Edition 4WD | $376 | $688 | $288 | $18 | $86 | $1,481 | $123 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade EXT 4WD | $208 | $362 | $288 | $18 | $86 | $962 | $80 |
| Escalade EXT Luxury Edition 4WD | $208 | $362 | $288 | $18 | $86 | $962 | $80 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Tennessee minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, claim-free, and homeowner. Price information does not factor in specific Nashville garaging location which can increase or decrease price quotes considerably.
Based on this data, we can arrive at the conclusion that using a $100 deductible costs roughly $43 more each month or $516 for a full year than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more to settle a claim with a $1,000 deductible as compared to a $100 deductible, if you tend to average at least 21 months between claim filings, you would probably be better off going with the higher deductible.
Drive safe and save
The diagram below demonstrates how citations and accident claims can influence Cadillac Escalade EXT car insurance costs for each age group. The premiums are based on a single female driver, full coverage, $500 deductibles, and no policy discounts are applied.
Car insurance premiums by gender
The example below shows the comparison of Cadillac Escalade EXT insurance costs for male and female drivers. The data assumes a clean driving record, no at-fault accidents, comp and collision included, $500 deductibles, drivers are not married, and no additional discounts are factored in.
Save a ton on Cadillac Escalade EXT insurance in Nashville with these insurance discounts
Car insurance companies do not list all available discounts in an easy-to-find place, so we researched both well-publicized in addition to some of the lesser obvious insurance savings. If you check and find you aren’t receiving every discount you qualify for, you are throwing money away.
- Savings for New Vehicles – Putting insurance coverage on a new Escalade EXT may earn a small discount because new model year vehicles have to meet stringent safety requirements.
- Auto/Home Discount – When you combine your auto and home insurance with one company they may give you a discount of up to 20% and get you the cheapest Cadillac Escalade EXT insurance in Nashville.
- Braking Control Discount – Cars that have anti-lock braking systems can avoid accidents and therefore earn up to a 10% discount.
- Low Miles Discount – Fewer annual miles on your Cadillac can earn lower insurance rates on the low mileage vehicles.
- Senior Citizens – Drivers over the age of 55 can possibly qualify for a discount up to 10%.
One thing to note about discounts is that most credits do not apply to the entire policy premium. Most only cut the cost of specific coverages such as medical payments or collision. So despite the fact that it appears you could get a free insurance policy, insurance companies wouldn’t stay in business.
The example below illustrates the comparison of Cadillac Escalade EXT yearly insurance costs with and without discounts applied to the policy premium. The data is based on a male driver, no driving violations, no at-fault accidents, Tennessee state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, multi-policy, multi-car, claim-free, and safe-driver discounts applied.
A few popular companies and some of their more popular discounts are:
- Mercury Insurance policyholders can earn discounts including low natural disaster claims, good driver, accident-free, type of vehicle, professional/association, and multi-policy.
- Farmers Insurance has savings for alternative fuel, business and professional, switch companies, youthful driver, good student, bundle discounts, and pay in full.
- Farm Bureau offers premium reductions for driver training, youthful driver, safe driver, multi-vehicle, and good student.
- State Farm may have discounts that include driver’s education, good student, passive restraint, safe vehicle, Steer Clear safe driver discount, and multiple policy.
- Allstate may offer discounts for defensive driver, good payer, farm vehicle, anti-theft, and anti-lock brakes.
- GEICO offers discounts including military active duty, anti-lock brakes, federal employee, seat belt use, five-year accident-free, and good student.
When quoting, ask each company or agent to apply every possible discount. Depending on the company, some discounts may not apply to policyholders in Nashville. For a list of providers that offer multiple discounts in Tennessee, click here.