Save on Cadillac SRX Insurance in Virginia Beach

It takes a few minutes, but the best way to get affordable Cadillac SRX insurance in Virginia Beach is to start comparing prices yearly from different companies who can sell car insurance in Virginia.

1. Try to understand policy coverages and the things you can change to drop your rates. Many things that cause rate increases such as multiple speeding tickets and poor credit history can be remedied by making minor driving habit or lifestyle changes. Later in this article we will cover more ideas to help keep rates affordable and earn larger discounts.
2. Request price quotes from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from a single company like GEICO and State Farm, while independent agents can quote rates for a wide range of companies. View insurance agents
3. Compare the price quotes to your existing coverage to see if cheaper SRX coverage is available in Virginia Beach. If you find a lower rate quote and make a switch, make sure there is no coverage gap between policies.

One piece of advice is that you’ll want to compare identical coverages on every quote and and to get prices from every company you can. This helps ensure the most accurate price comparison and a complete price analysis.

Smart shoppers know that insurance companies don’t want their policyholders to compare prices. Insureds who get comparison quotes at least once a year will probably move their business because they have a good chance of finding lower prices. A recent study showed that drivers who compared prices once a year saved as much as $3,500 over four years compared to other drivers who never shopped around for cheaper prices.

If finding low prices for car insurance in Virginia Beach is the reason you’re here, then having a good understanding the best ways to shop for insurance rates can make it simple to find affordable coverage.

Companies offer money-saving discounts on Cadillac SRX insurance in Virginia Beach

Companies that sell car insurance do not advertise their entire list of discounts in an easy-to-find place, so we took the time to find some of the best known as well as the least known credits available to bring down your rates. If you do not check that you are getting every discount you deserve, you may be paying too high a price.

• No Charge for an Accident – Not a discount per se, but some companies like Allstate, Progressive, and GEICO will let one accident slide without getting socked with a rate hike if your claims history is clear for a specific time period.
• Passive Restraints and Air Bags – Vehicles with factory air bags or automatic seat belts can qualify for discounts of 20% or more.
• Active Service Discounts – Having an actively deployed family member may lower your premium rates slightly.
• Telematics Discount – Policyholders that allow their insurance company to scrutinize where and when they drive remotely such as Allstate’s Drivewise and State Farm’s In-Drive system might see lower rates as long as they are good drivers.
• Multiple Vehicles – Having primary and secondary vehicles with the same car insurance company can get a discount on all vehicles.
• Low Miles Discount – Maintaining low annual mileage may enable drivers to earn slightly better rates than normal.

Discounts save money, but please remember that most discount credits are not given to the overall cost of the policy. Some only reduce individual premiums such as medical payments or collision. So when the math indicates you can get free auto insurance, car insurance companies aren’t that generous.

The diagram below illustrates the difference between Cadillac SRX premium costs with and without discounts applied to the rates. The data is based on a male driver, a clean driving record, no at-fault accidents, Virginia state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, safe-driver, marriage, multi-car, multi-policy, and claim-free discounts applied.

A list of car insurance companies and their possible discounts include:

• Progressive may have discounts that include good student, multi-policy, continuous coverage, online signing, homeowner, online quote discount, and multi-vehicle.
• GEICO offers premium reductions for five-year accident-free, federal employee, membership and employees, emergency military deployment, driver training, and anti-theft.
• State Farm may offer discounts for good driver, multiple policy, anti-theft, multiple autos, Steer Clear safe driver discount, and student away at school.
• Esurance policyholders can earn discounts including DriveSense, paid-in-full, safety device, anti-lock brakes, homeowner, anti-theft, and Pac-12 alumni.
• The Hartford discounts include good student, anti-theft, vehicle fuel type, air bag, and bundle.

Double check with all companies you are considering how many discounts you can get. A few discounts may not apply to policies in your state. To view insurers who offer online Cadillac SRX insurance quotes in Virginia Beach, click here.

The most recommended method to compare rate quotes for Cadillac SRX insurance in Virginia Beach takes advantage of the fact most larger insurance companies provide online access to give free rates quotes. To begin a comparison, all you need to do is give them rating details like how many miles driven, how much school you completed, coverage limits, and your occupation. That rating information is then sent to multiple top-rated companies and you should receive rate quotes instantly to find the best rate.

To check car insurance prices now, click here and enter the information requested.

The companies shown below are ready to provide free rate quotes in Virginia Beach, VA. To buy the best auto insurance in Virginia Beach, it’s highly recommended you compare several of them to get a more complete price comparison.

Coverage analysis

The premium information below showcases a range of coverage costs for Cadillac SRX models. Having a better idea how policy premiums are formulated is important for making smart choices when buying a car insurance policy.

Above prices assume single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Virginia minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, homeowner, and claim-free. Price information does not factor in specific location information which can decrease or increase premiums noticeably.

How high should deductibles be?

The hardest decision when buying coverage is which deductible level should you buy. The rates below can help illustrate how much more rates are when you buy lower versus higher physical damage coverage deductibles. The first set of prices uses a $100 deductible for physical damage and the second rate table uses a $500 deductible.

Above prices assume married male driver age 30, no speeding tickets, no at-fault accidents, and Virginia minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Information does not factor in zip code location which can change insurance rates considerably.

We can estimate from the data above that using a $100 deductible would cost the average driver about $22 more each month or $264 for a full year across all Cadillac SRX models than selecting the higher $500 deductible. Since you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you average at least 18 months between claims, you would most likely save money going with the higher deductible.

One important issue to know is that raising deductibles to get cheaper rates means you pay more out-of-pocket when you have to file a claim. You must have some savings in the event you have to pay the deductible to have repairs made.

Gender-based insurance premiums

The diagram below shows the difference between Cadillac SRX insurance premiums for male and female drivers. The rates are based on a clean driving record, no claims, comprehensive and collision coverage, $250 deductibles, drivers are not married, and no additional discounts are factored in.

Four factors that determine insurance prices

It’s important that you understand some of the factors that play a part in calculating the price you pay for insurance. When you know what positively or negatively positively or negatively impacts your premiums, this empowers consumers to make smart changes that can earn you lower rates. Many things are considered when you quote your car insurance policy. Some are pretty understandable like a motor vehicle report, but other factors are more obscure such as your marital status or your financial responsibility.

Shown below are just a few of the factors used by companies to determine your premiums.

• Accidents inflate rates – Your driving record has a huge affect on how much you pay. Drivers who don’t get tickets get better rates than bad drivers. Even a single citation could increase your next policy renewal by as much as twenty percent. Drivers unfortunate enough to have license-revoking violations like hit and run, DWI or reckless driving convictions might be required by their state to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent their license from being revoked.

  The diagram below highlights how traffic violations and accidents can drive up Cadillac SRX auto insurance rates for different categories of driver ages. The premium estimates are based on a single male driver, full physical damage coverage, $1,000 deductibles, and no other discounts are factored in.

• Never let your insurance policy lapse – Not maintaining insurance is a misdemeanor and you may have a hard time finding new coverage because you let your coverage have a gap. In addition to paying higher rates, being ticketed for driving with no insurance can result in a steep fine or even jail time.
• Poor credit can mean higher premiums – An insured’s credit score can be a huge factor in your rate calculation. Insureds with high credit ratings tend to be less risk to insure as compared to drivers with poor credit. So if your credit history can use some improvement, you may save money insuring your Cadillac SRX if you clean up your credit.
• Prevent your car from being stolen – Choosing a vehicle with a theft deterrent system can help lower your rates. Systems that thwart thieves such as OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all hinder car theft and help bring rates down.

• Cadillac SRX claim statistics – Companies use past insurance losses when they file their rates in each state. Vehicles that have high amounts or severity of claims will cost more for coverage. The table shown below demonstrates the compiled insurance loss statistics for Cadillac SRX vehicles.

  For each coverage category, the statistical loss for all vehicles, regardless of make or model, is represented as 100. Numbers that are below 100 mean the vehicle has better than average losses, while values that are above 100 point to more frequent losses or larger claims.

  
  

  Insurance Loss Ratings for Cadillac SRX Vehicles

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Cadillac SRX 4dr 2WD	103	101	84	80	82	91
  Cadillac SRX 4dr 4WD	109	106	103	78	75	83

  BETTER

  AVERAGE

  WORSE

  Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Compare rates but buy from a local neighborhood Virginia Beach car insurance agent

Many people just want to buy from a licensed agent and that is a smart decision Licensed agents can help you choose the best coverages and give you someone to call. One of the best bonuses of comparing rates online is the fact that drivers can get cheap car insurance quotes and still choose a local agent. And supporting local agencies is especially important in Virginia Beach.

To help locate an agent, after submitting this short form, your information is submitted to companies in Virginia Beach who will give you quotes to get your business. There is no need to leave your house since rate quotes are delivered directly to you. If you have a need to get a rate quote from one company in particular, you just need to search and find their rate quote page and submit a quote form there.

The following are agents in Virginia Beach that are able to give rate quotes for Cadillac SRX insurance in Virginia Beach.

• Nationwide Insurance: The Braun Agency Inc
  6062 Indian River Rd Ste 101 – Virginia Beach, VA 23464 – (757) 420-2060 – View Map
• Wilson Insurance Agency, Inc
  1127 Crystal Lake Dr – Virginia Beach, VA 23451 – (757) 491-8953 – View Map
• Mike McDonald – State Farm Insurance Agent
  2122 General Booth Blvd #102 – Virginia Beach, VA 23454 – (757) 721-3300 – View Map
• Nationwide Insurance: Guzman Insurance Agency Inc
  1920 Centerville Turnpike Ste 97 – Virginia Beach, VA 23464 – (757) 479-0551 – View Map

View more agents

Selecting an provider shouldn’t rely on just a cheap price. These questions are important to ask:

• In the event of vehicle damage, can you pick the collision repair facility?
• Do they have designations such as AIC, CPCU, or CIC?
• How many years of experience in personal auto insurance do they have?
• How many years have they been established?
• Are they paid to recommend certain coverages?
• Do they offer claims assistance after hours?
• Is the agency covered by Errors and Omissions coverage?

Three reasons to insure your Cadillac SRX

Despite the high insurance cost for a Cadillac SRX in Virginia Beach, insurance serves an important purpose.

• Almost all states have mandatory insurance requirements which means it is punishable by state law to not carry specific limits of liability insurance coverage in order to get the vehicle licensed. In Virginia these limits are 25/50/20 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $20,000 of property damage coverage.
• If your Cadillac has a loan, most banks will make it mandatory that you buy insurance to guarantee loan repayment. If you do not pay your insurance premiums, the bank or lender will purchase a policy for your Cadillac at a much higher rate and force you to pay the higher price.
• Insurance preserves not only your vehicle but also your assets. Insurance will also pay for most medical and hospital costs for yourself as well as anyone injured by you. One policy coverage, liability insurance, will also pay attorney fees if you are named as a defendant in an auto accident. If your Cadillac gets damaged, comprehensive and/or collision insurance will pay to repair the damage minus the deductible amount.

The benefits of insuring your car more than cancel out the cost, especially with large liability claims. The average driver in America is overpaying over $830 a year so you should quote and compare rates once a year at a minimum to ensure rates are inline.

More effort can pay off

Budget-conscious Cadillac SRX insurance is possible online and with local Virginia Beach insurance agents, so you need to shop Virginia Beach car insurance with both in order to have the best price selection to choose from. Some insurance companies may not offer internet price quotes and most of the time these small, regional companies work with independent insurance agencies.

As you restructure your insurance plan, make sure you don’t buy poor coverage just to save money. There have been many situations where an insured dropped liability coverage limits only to discover later that it was a big error on their part. The goal is to find the BEST coverage at the best cost but still have enough coverage for asset protection.

Insureds switch companies for any number of reasons including extreme rates for teen drivers, an unsatisfactory settlement offer, delays in paying claims or denial of a claim. Regardless of your reason for switching companies, finding a new company is not as difficult as it may seem.

Helpful information

• Red Light Cameras (State Farm)
• How Much are Car Insurance Rates for Drivers Requiring a SR22 in Virginia Beach? (FAQ)
• Who Has Affordable Virginia Beach Auto Insurance for 16 Year Olds? (FAQ)
• How Much is Virginia Beach Auto Insurance for High Mileage Drivers? (FAQ)
• Higher speed limits cause more fatalities (Insurance Institute for Highway Safety)
• Older Drivers FAQ (iihs.org)