How to Save on Cadillac CTS-V Insurance in Austin

Looking for more competitive Cadillac CTS-V insurance in Austin? If you’ve never shopped for Austin auto insurance quotes online, it’s easy to be overwhelmed by the vast assortment of online companies offering insurance in Austin.

Insurance for Cadillac CTS-VAstonishng but true according to a recent study, nearly 70% of consumers have remained with the same car insurance company for at least the last four years, and roughly 40% of drivers have never compared quotes from other companies. The average driver in the United States could save about $859 every year by just comparing rate quotes, but most tend to underestimate the amount of money they would save if they replace their high priced policy.

Buy Austin Cadillac CTS-V insurance online

Just keep in mind that quoting more will enable you to find the best price. Not every company allows you to get online price quotes, so you also need to get prices from them as well.

The auto insurance companies shown below can provide free rate quotes in Austin, TX. If multiple companies are shown, we suggest you visit as many as you can to get a more complete price comparison.

Cadillac CTS-V Insurance Rates in Austin, TX
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $312 $706 $366 $22 $110 $1,516 $126
Get Your Own Custom Quote Go

Price data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, multi-policy, and claim-free. Price information does not factor in Austin location which can change premiums greatly.

Rate comparison for different deductibles

The hardest decision when buying coverage is where to set your physical damage deductibles. The comparison tables below highlight the premium difference between low and high policy deductibles. The first set of rates uses a $250 deductible and the second set of rates uses a $1,000 deductible.

Cadillac CTS-V insurance policy rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $446 $850 $324 $20 $96 $1,761 $147
Get Your Own Custom Quote Go

Cadillac CTS-V insurance policy rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $276 $534 $324 $20 $96 $1,250 $104
Get Your Own Custom Quote Go

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

We can derive from the above data that using a $250 deductible will cost you approximately $43 more each month or $516 annually than opting for the higher $1,000 deductible. Since you would have to pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you usually have at a minimum 17 months between claim filings, you would come out ahead if you choose a higher deductible. The table below illustrates how you can perform this determination yourself.

Average monthly premium for $250 deductibles: $147
Average monthly premium for $1,000 deductibles (subtract): – $104
Monthly savings from raising deductible: $43
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $43
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

An important thing to remember is that raising deductibles to get cheaper rates results in having to pay to pay more out-of-pocket when you have to file a claim. You should have enough money in the bank in the event you have to pay the higher deductible.

These discounts can lower your auto insurance rates

Companies do not list every discount they offer in an easy-to-find place, so the list below details a few of the more common as well as some of the hidden credits that you can use to lower your rates.Cheaper auto insurance with discounts

A little disclaimer on discounts, many deductions do not apply to your bottom line cost. Some only apply to specific coverage prices like liability and collision coverage. Even though it may seem like having all the discounts means you get insurance for free, companies wouldn’t make money that way.

A list of auto insurance companies and their offered discounts can be found below.

When getting free Austin auto insurance quotes, it’s a good idea to each insurance company to give you their best rates. Depending on the company, some discounts may not be available in every state. If you would like to choose from a list of insurers with significant discounts in Texas, click this link.

Protect your Cadillac CTS-V and other assets

Even though it’s not necessarily cheap to insure a Cadillac in Austin, maintaining insurance may be mandatory for several reasons.

The benefits of insuring your CTS-V more than cancel out the cost, particularly when you have a large claim. The average driver in Texas is overpaying more than $865 each year so it’s recommended you shop around each time the policy renews to save money.

Shop online but buy locally

Many people still prefer to get professional advice from a licensed agent and that is not a bad decision The biggest benefit of price shopping on the web is the fact that drivers can get lower rates and still buy from a local agent. Buying from neighborhood insurance agencies is definitely important in Austin.

To help locate an agent, after submitting this form (opens in new window), the coverage information is immediately sent to participating agents in Austin who will give you bids for your car insurance coverage. It makes it easy because there is no need to drive around since rate quotes are delivered to you directly. You can find better rates without having to waste a lot of time. If you need to get a comparison quote from one company in particular, you just need to go to their quote page and fill out their quote form.

Pick the best car insurance agent in Austin for you

When looking for an insurance agent, there are two different types of agents to choose from. Austin agents are categorized either exclusive agents or independent agents.

Independent Agents

Independent insurance agents do not sell for just one brand and that allows them to write policies with many different companies and find the cheapest car insurance rates. If you want to switch companies, they simply move your policy to a different company and you don’t have to do anything.

When comparing car insurance rates, you definitely need to include several independent insurance agents to get the best comparison. Many write coverage with smaller companies that may provide cheaper car insurance rates.

Below is a partial list of independent agents in Austin that may be able to provide free car insurance rate quotes.

View more agents

Exclusive Car Insurance Agents

These agents can only write with one company like Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agencies are unable to provide prices from multiple companies so they have no alternatives for high prices. They are highly trained on sales techniques and that enables them to sell even at higher rates. Consumers sometimes buy from exclusive agents primarily because of the prominence of the brand rather than low rates.

Below is a short list of exclusive agents in Austin that can give you price quotes.

View more agents

Deciding on an car insurance agent needs to be determined by more than just a cheap price quote. These are some questions your agent should answer.