Unbelievably, the vast majority of consumers have bought car insurance from the same company for over three years, and almost half have never even shopped around for affordable coverage. Virginia Beach consumers could pocket 45% a year, but they don’t know how much they could save if they bought a different policy.
Truthfully, the best way to find cheaper Cadillac Escalade EXT insurance is to compare prices at least once a year from insurers who provide auto insurance in Virginia Beach.
- Learn about how car insurance works and the modifications you can make to prevent high rates. Many factors that are responsible for high rates like tickets, at-fault accidents, and a not-so-good credit score can be remedied by being financially responsible and driving safely.
- Request rate estimates from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can give quotes from one company like GEICO and State Farm, while independent agents can provide price quotes from multiple companies.
- Compare the quotes to the premium of your current policy and see if you can save money. If you find a lower rate quote and make a switch, make sure there is no coverage gap between policies.
- Tell your current company to cancel your current coverage. Submit a down payment and signed policy application to the new company. As soon as you have the new policy, put the new proof of insurance paperwork in your vehicle’s glove compartment or console.
A good tip to remember is to try to compare the same liability limits and deductibles on every quote and and to get rates from as many companies as feasibly possible. Doing this ensures the most accurate price comparison and a good representation of prices.
The quickest method we recommend to compare rates for Cadillac Escalade EXT insurance in Virginia Beach takes advantage of the fact all the major auto insurance companies actually pay money for the chance to quote your coverage. To begin a comparison, all you need to do is take a few minutes to give details such as if you have an active license, how much you drive, your credit rating estimate, and if it has an alarm system. Your details is then sent to multiple top-rated companies and you will get price comparisons quickly.
To get price quotes for your Cadillac Escalade EXT now, click here and see if a lower rate is available in Virginia Beach.
The companies in the list below are our best choices to provide free rate quotes in Virginia. To get cheap car insurance in Virginia Beach, VA, we suggest you visit as many as you can in order to find the most affordable rates.
Get cheaper rates on Cadillac Escalade EXT insurance in Virginia Beach with these six auto insurance discounts
Companies don’t always publicize every discount they offer very clearly, so we took the time to find a few of the more well known and also the lesser-known credits that may apply to you.
- Telematics Data Discounts – Drivers who elect to allow companies to monitor vehicle usage through the use of a telematics system like In-Drive from State Farm and Progressive’s Snapshot could possibly reduce rates if they show good driving skills.
- Drivers Ed for Students – It’s a good idea to have your young drivers enroll in driver’s education as it can save substantially.
- Professional Organizations – Being in qualifying clubs or civic groups can get you a small discount when getting a Virginia Beach car insurance quote.
- Drive Less and Save – Keeping the miles down on your Cadillac can earn slightly better prices than normal.
- Responsible Drivers – Insureds who avoid accidents may receive a discount up to 45% than less cautious drivers.
- Student in College – Older children living away from Virginia Beach attending college and do not have a car could get you a discount.
As a disclaimer on discounts, many deductions do not apply to the entire cost. Most cut individual premiums such as liability and collision coverage. Even though the math looks like it’s possible to get free car insurance, you won’t be that lucky.
The diagram below illustrates the difference between Cadillac Escalade EXT insurance costs with and without discounts applied to the policy rates. The rates are based on a female driver, a clean driving record, no at-fault accidents, Virginia state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, claim-free, marriage, safe-driver, multi-car, and multi-policy discounts applied.
Auto insurance companies that may offer some of the above discounts include:
If you want cheaper Virginia Beach car insurance quotes, ask every company which discounts can lower your rates. A few discounts might not be offered in your state. To see companies who offer cheap Cadillac Escalade EXT insurance quotes in Virginia, click here to view.
Car insurance statistics and figures
The information shown next showcases a range of policy rates for Cadillac Escalade EXT models. Knowing how auto insurance premiums are calculated is important for making smart policy decisions.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escalade EXT 4WD||$296||$592||$312||$18||$94||$1,312||$109|
|Escalade EXT Luxury Edition 4WD||$296||$592||$312||$18||$94||$1,312||$109|
|Get Your Own Custom Quote Go|
Prices based on single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Virginia minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rate quotes do not factor in Virginia Beach location which can modify price quotes substantially.
The chart below shows how choosing a deductible and can influence Cadillac Escalade EXT insurance costs for each age group. The premium estimates are based on a married female driver, full physical damage coverage, and no discounts are applied.
Cadillac Escalade EXT insurance rates: Men versus women
The information below compares Cadillac Escalade EXT auto insurance costs for male and female drivers. The rates are based on no claims or violations, comprehensive and collision coverage, $100 deductibles, single status, and no discounts are applied.
Cost comparison with and without full coverage
The chart below shows the comparison of Cadillac Escalade EXT insurance premiums with and without physical damage coverage. The data assumes no accidents, no driving violations, $500 deductibles, marital status is single, and no discounts are taken into consideration.
Are you wasting money on full coverage?
There is no exact formula that is best for determining when to drop full coverage on your policy, but there is a general guideline you can use. If the annual cost of your full coverage insurance is 10% or more of the settlement you would receive from your company, then it might be time to buy liability only.
For example, let’s pretend your Cadillac Escalade EXT settlement value is $8,000 and you have $1,000 deductibles. If your vehicle is totaled, you would only receive $7,000 after the policy deductible has been paid. If you are paying in excess of $700 a year for physical damage coverage, then it’s probably a good time to buy liability coverage only.
There are some circumstances where removing full coverage is not advised. If you still owe a portion of the original loan, you are required to maintain full coverage as part of the loan conditions. Also, if your finances do not allow you to purchase a different vehicle if your current one is damaged, you should not remove full coverage.
When should I talk to an insurance agent?
Some consumers still like to get professional advice from a licensed agent and doing so can bring peace of mind Most agents are highly skilled in risk management and help file insurance claims. The biggest benefit of getting free rate quotes online is that you can find lower rates and also buy local. And supporting neighborhood agents is important especially in Virginia Beach.
To find an agent, once you fill out this form (opens in new window), your coverage information is instantly submitted to local insurance agents in Virginia Beach who will give you quotes for your insurance coverage. You never need to drive around since price quotes are sent straight to your inbox. In the event you want to get a comparison quote from a specific company, you just need to search and find their rate quote page and fill out the quote form the provide.
If you prefer to buy insurance from a local agent, it’s important to understand the different types of agencies that differ in how they can insure your vehicles. Agents can either be independent (non-exclusive) or exclusive. Both can sell affordable insurance policies, but we need to point out the difference in how they write coverage since it can affect your selection of an agent.
Independent Agents (or Brokers)
Agents that choose to be independent do not have single company limitations so they can insure your vehicles amongst many companies depending on which coverage is best. If you are not satisfied with one company, the agent simply finds a different carrier and the insured can keep the same agent.
When comparing insurance prices, you will definitely want to get quotes from a couple of independent agencies to get the most accurate price comparison.
Listed below is a short list of independent insurance agencies in Virginia Beach that can give you free insurance rate quotes.
Nationwide Insurance: Steve Love Insurance Agency Inc
4176 S Plaza Trail Ste 101 – Virginia Beach, VA 23452 – (757) 340-1200 – View Map
Exclusive agents are contracted to one company and some examples include AAA, Allstate, and State Farm. Exclusive agents are unable to provide other company’s prices so keep that in mind. Exclusive agents are usually well trained on the products they sell which helps offset the inability to provide other markets.
The following is a list of exclusive agents in Virginia Beach who can help you get rate quotes.
Finding a good auto insurance agent requires more thought than just the price. Agents should be asked these questions:
- Will you work with the agent or an assistant?
- Is there any savings for paying the full premium?
- Are all drivers listed on the coverage quote?
- Is assistance available after office hours?
- Is auto insurance their primary focus in Virginia Beach?
- Do they offer accident forgiveness?
- Does the quote include credit and driving reports?
- Can glass claims be handled at your home?
Best car insurance company in Virginia Beach
Insuring your vehicle with the highest-rated car insurance provider is difficult considering how many companies sell insurance in Virginia. The ranking data in the lists below can help you analyze which insurers you want to consider shopping prices with.
Top 10 Virginia Beach Car Insurance Companies Overall
- Mercury Insurance
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
Specific coverage details
Having a good grasp of insurance aids in choosing the best coverages and the correct deductibles and limits. Insurance terms can be ambiguous and even agents have difficulty translating policy wording. Below you’ll find typical coverages offered by insurance companies.
Comprehensive auto coverage – This pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.
Comprehensive coverage pays for claims like a broken windshield, hitting a bird, damage from a tornado or hurricane and fire damage. The maximum payout your insurance company will pay is the actual cash value, so if the vehicle’s value is low consider dropping full coverage.
Medical payments and PIP coverage – Medical payments and Personal Injury Protection insurance provide coverage for expenses like hospital visits, doctor visits, surgery, rehabilitation expenses and nursing services. The coverages can be used in conjunction with a health insurance program or if you do not have health coverage. Medical payments and PIP cover not only the driver but also the vehicle occupants as well as getting struck while a pedestrian. Personal injury protection coverage is only offered in select states and may carry a deductible
Collision coverage – This coverage covers damage to your Escalade EXT resulting from a collision with another car or object. A deductible applies and then insurance will cover the remainder.
Collision coverage pays for things such as crashing into a building, hitting a parking meter and rolling your car. Paying for collision coverage can be pricey, so you might think about dropping it from lower value vehicles. It’s also possible to increase the deductible on your Escalade EXT to bring the cost down.
UM/UIM (Uninsured/Underinsured Motorist) coverage – Uninsured or Underinsured Motorist coverage protects you and your vehicle from other drivers when they either are underinsured or have no liability coverage at all. Covered claims include injuries to you and your family as well as your vehicle’s damage.
Because many people only purchase the least amount of liability that is required (Virginia limits are 25/50/20), their limits can quickly be used up. So UM/UIM coverage is very important. Most of the time these coverages are similar to your liability insurance amounts.
Auto liability – This can cover damages or injuries you inflict on other people or property that is your fault. Coverage consists of three different limits, bodily injury for each person injured, bodily injury for the entire accident and a property damage limit. You commonly see liability limits of 25/50/20 which stand for $25,000 in coverage for each person’s injuries, $50,000 for the entire accident, and a total limit of $20,000 for damage to vehicles and property. Alternatively, you may have a combined limit which limits claims to one amount and claims can be made without the split limit restrictions.
Liability coverage protects against claims like repair bills for other people’s vehicles, medical expenses, loss of income, legal defense fees and medical services. How much coverage you buy is a personal decision, but you should buy as large an amount as possible. Virginia requires drivers to carry at least 25/50/20 but drivers should carry better liability coverage.
The chart below shows why buying low liability limits may not be enough.
One last note
As you restructure your insurance plan, never buy less coverage just to save a little money. Too many times, someone sacrificed physical damage coverage to discover at claim time that their decision to reduce coverage ended up costing them more. Your strategy should be to buy the best coverage you can find at the best possible price while still protecting your assets.
You just learned a lot of tips how to save on Cadillac Escalade EXT insurance in Virginia Beach. The most important thing to understand is the more rate comparisons you have, the better your chances of lowering your rates. You may even discover the most savings is with a smaller regional carrier. Some small companies can often provide lower rates in certain areas compared to the large companies like Allstate or State Farm.
Additional insurance information is located on the following sites:
- Neck Injury FAQ (iihs.org)
- How Much is Auto Insurance for Good Drivers in Virginia Beach? (FAQ)
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- Auto Insurance 101 (About.com)