Searching for cheaper Cadillac Escalade insurance in Fort Collins? Being forced to pay for expensive insurance premiums can eat up your bank account and maybe even restrict other spending. Comparison shopping is free, only takes a few minutes, and is a good way to make ends meet.
A recent insurance study revealed that almost 70% of insureds have bought insurance from the same company for a minimum of four years, and approximately 40% of consumers have never taken the time to shop around. The average driver in Fort Collins could save roughly $610 every year, but they underestimate the amount of money they would save if they swap their current policy for a cheaper one. You have multiple insurance companies to purchase coverage from, and even though it's nice to have a choice, so many choices can make it hard to compare rates and cut insurance costs.
You should take the time to get comparison quotes before your next renewal because prices tend to go up over time. Just because you had the best deal on Cadillac Escalade insurance in Fort Collins a couple years back there is a good chance you can find better premium rates now. Ignore everything you know about insurance because you're about to learn how to use online quotes to find great coverage at a great price.
Best Cadillac Escalade insurance rate quotes in Colorado
The car insurance companies shown below can provide price comparisons in Fort Collins, CO. If the list has multiple companies, we suggest you click on several of them to get a more complete price comparison.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escalade Luxury Edition 2WD||$324||$608||$496||$30||$148||$1,606||$134|
|Escalade Premium Edition 4WD||$282||$480||$592||$36||$178||$1,568||$131|
|Escalade Luxury Edition 4WD||$304||$460||$452||$26||$136||$1,378||$115|
|Escalade Premium Edition 2WD||$320||$566||$570||$34||$170||$1,660||$138|
|Escalade Hybrid 2WD||$196||$410||$374||$22||$112||$1,114||$93|
|Escalade Hybrid 4WD||$402||$902||$480||$28||$144||$1,956||$163|
|Escalade Platinum Edition 2WD||$412||$702||$440||$26||$132||$1,712||$143|
|Escalade Platinum Edition 4WD||$328||$652||$532||$32||$160||$1,704||$142|
|Escalade Hybrid Platinum 2WD||$312||$684||$416||$24||$124||$1,560||$130|
|Escalade Hybrid Platinum 4WD||$382||$856||$374||$22||$112||$1,746||$146|
|Get Your Own Custom Quote Go|
Table data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $100 deductibles, and Colorado minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Premium costs do not factor in specific Fort Collins garaging location which can impact coverage prices substantially.
Comparison of auto insurance rates by gender and age in Fort Collins
The example below compares Cadillac Escalade yearly insurance costs for male and female drivers. The rates are based on no violations or accidents, full physical damage coverage, $250 deductibles, drivers are not married, and no discounts are taken into consideration.
How Your Escalade Insurance Prices are Determined
Lots of things are used when quoting car insurance. Some are pretty understandable like a motor vehicle report, but other factors are less apparent like your continuous coverage and annual miles driven.
The itemized list below are most of the major factors used by insurance companies to determine your premiums.
Premiums increase with driving tickets - A bad driving record impacts your car insurance rates tremendously. Having just one speeding ticket or other violation can increase the cost of insurance forty percent or more. Good drivers pay less for auto insurance than their less careful counterparts. Drivers who get license-revoking citations like hit and run, DWI or reckless driving convictions may be required to file a SR-22 with the DMV in their state in order to prevent their license from being revoked.
Urban areas may pay more - Choosing to live in areas with lower population may provide you with better prices when buying car insurance. Residents of big cities regularly have congested traffic and longer commutes to work. Lower population means a lower chance of having an accident in addition to lower liability claims
Costs for guys may be higher - Statistics demonstrate that men are more aggressive behind the wheel. However, this does not mean men are WORSE drivers than women. Women and men tend to get into auto accidents in similar numbers, but the men tend to have more serious accidents. Not only are claims higher, but men receive more costly citations like DUI and reckless driving. Male drivers age 16 to 19 tend to get in the most accidents so they pay the highest premiums.
Poor credit history equals high premiums - An insured's credit score factor in calculating your premium rate. If your credit history can be improved, you could be paying less to insure your Cadillac Escalade by repairing your credit. Insureds with high credit ratings tend to be better risks to insure than those with poor credit scores.
High deductibles reduce prices - Your deductibles are how much you are willing to pay in the event of a claim. Coverage for physical damage, also called 'full coverage', covers damage that occurs to your car. Examples of some claims that would be covered could be collision with another vehicle, hail damage, or theft of your vehicle. The higher the amount you're willing to pay, the better rate you will receive.
Teenagers are high risk - Inexperience drivers are statistically shown to be more careless when driving with friends and because of this, their car insurance rates are much higher. Having to add a beginning driver onto a policy can be very expensive. More mature drivers are shown to be more cautious, cause fewer claims and accidents, and get fewer tickets.
Never let your car insurance policy lapse - Letting your insurance expire is a quick way to bump up your car insurance costs. Not only will rates go up, getting caught without coverage can result in a steep fine or even jail time. Then you may be required to prove you have insurance by filing a SR-22 with the Colorado DMV.
Cadillac Escalade historical loss data - Companies use past insurance losses to calculate a price that offsets possible losses. Models that the data shows to have higher loss trends will have a higher premium rate. The table below demonstrates the insurance loss data for Cadillac Escalade vehicles.
For each insurance policy coverage type, the claim amount for all vehicles, without regard to make or model, is considered to be 100. Values under 100 are indicative of better than average losses, while percentages above 100 indicate a higher chance of having a claim or an increased chance of larger losses than average.
Insurance Loss Ratings for Cadillac Escalade Vehicles
|Make and Model||Collision||Property Damage||Comp||Personal Injury||Medical Payment||Bodily Injury|
|Cadillac Escalade 4dr 2WD||156||122|
|Cadillac Escalade 4dr 4WD||132||99||119||55|
|Cadillac Escalade ESV 4dr 2WD||124|
|Cadillac Escalade ESV 4dr 4WD||123||106||155|
Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Discount Fort Collins car insurance rates
Auto insurance companies don't always publicize their entire list of discounts very clearly, so the list below details both well-publicized as well as the least known credits available to you.
- One Accident Forgiven - This isn't a discount exactly, but some insurance companies will turn a blind eye to one accident before hitting you with a surcharge so long as you are claim-free prior to the accident.
- Distant Student - Children who are enrolled in a college that is more than 100 miles from Fort Collins without a vehicle on campus can be insured at a reduced rate.
- ABS Braking Discount - Cars and trucks with anti-lock braking systems can reduce accidents and will save you 10% or more on Escalade insurance in Fort Collins.
- Pay Upfront and Save - If you pay your bill all at once rather than paying in monthly installments you may reduce your total bill.
- Early Renewal Discounts - A few larger companies offer discounts for buying a new policy before your current Escalade insurance policy expires. The savings is around 10%.
- Club Memberships - Being a member of certain professional organizations is a simple method to lower premiums on your bill.
- Savings for New Vehicles - Buying a new car model can save you some money compared to insuring an older model.
While discounts sound great, it's important to understand that most credits do not apply to the entire cost. The majority will only reduce the cost of specific coverages such as liability and collision coverage. Even though it appears you could get a free car insurance policy, car insurance companies aren't that generous.
The best car insurance companies and their possible discounts are detailed below.
- American Family policyholders can earn discounts including mySafetyValet, defensive driver, bundled insurance, air bags, accident-free, and Steer into Savings.
- Farm Bureau may include discounts for driver training, youthful driver, multi-policy, good student, and 55 and retired.
- State Farm may have discounts that include safe vehicle, multiple policy, accident-free, anti-theft, student away at school, and driver's education.
- Travelers has discounts for driver training, home ownership, multi-car, student away at school, and payment discounts.
- The Hartford offers premium reductions for anti-theft, defensive driver, air bag, vehicle fuel type, bundle, good student, and driver training.
- GEICO has savings for emergency military deployment, multi-policy, defensive driver, anti-lock brakes, daytime running lights, good student, and membership and employees.
- Progressive offers discounts for homeowner, continuous coverage, multi-policy, multi-vehicle, online quote discount, and good student.
If you need affordable Cadillac Escalade insurance quotes, ask each company or agent which discounts can lower your rates. Discounts may not apply everywhere. To choose providers that offer some of these discounts in Colorado, click here.
Insurance agent or online?
Many drivers just want to sit down and talk to an agent and there is nothing wrong with that. Insurance agents can make sure you are properly covered and help you file claims. A nice benefit of getting online price quotes is that drivers can save money and get lower car insurance rates but also keep your business local. And buying from local agents is especially important in Fort Collins.
To help locate an agent, after submitting this form (opens in new window), your insurance data is sent to local insurance agents that give free quotes to get your business. There is no need to drive around because quoted prices will be sent directly to you. If you wish to quote rates from a specific auto insurance provider, feel free to search and find their rate quote page to submit a rate quote request.
What types of auto insurance agents are in Fort Collins?
If you want to use a reliable insurance agency, it's helpful to know the different agency structures and how they differ in how they quote coverages. Auto insurance policy providers are either independent or exclusive. Either one can sell and service auto insurance coverage, but it's important to point out the subtle differences because it can impact the selection process.
Independent agents are not employed by any specific company and that enables them to quote your coverage with many different companies enabling the ability to shop coverage around. If they quote lower rates, an independent agent can move your coverage and you don't have to do anything. When shopping rates, we highly recommend that you get rate quotes from multiple independent agents to ensure the widest selection of prices.
Featured below is a short list of independent insurance agents in Fort Collins that may be able to give you free rate quotes.
Colorado - B W Insurance Agency Inc
1075 W Horsetooth Rd # 106 - Fort Collins, CO 80526 - (970) 223-0924 - View Map
Exclusive Insurance Agencies
Agents that elect to be exclusive have only one company to place business with and examples are Farmers Insurance or State Farm. Exclusive agents are unable to shop your coverage around so they have to upsell other benefits. They are trained well on their company's products which helps them sell on service rather than price.
Shown below are Fort Collins exclusive agents who can help you get price quote information.
American Family Insurance - Conrad Manyik Agency Inc.
5620 Fossil Creek Pkwy Ste 1100 - Fort Collins, CO 80525 - (970) 225-0304 - View Map
Picking the best insurance agent needs to be determined by more than just a cheap price quote. Below are some questions you should ask.
- Is the coverage adequate for your vehicle?
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Do you have coverage for a rental car if your vehicle is in the repair shop?
- Is vehicle damage repaired with OEM or aftermarket parts?
- Where are claims handled?
- Which companies do they recommend if they are an independent agency?
Is there truth in advertising?
Colorado drivers can't ignore all the ads for auto insurance savings by GEICO, State Farm and Progressive. They all seem to try to convey promises that drivers will save a bundle if you switch your auto insurance policy to them.
How does every company make almost identical claims? It's all in the numbers.
Companies have specific guidelines for the type of driver that is profitable for them. For instance, a profitable risk profile could be over the age of 45, has no prior claims, and drives a safe vehicle. Anybody who fits that profile will get the preferred prices in Fort Collins and will also cut their rates substantially.
Potential insureds who are not a match for this stringent profile will have to pay higher premium rates which usually ends up with the customer buying from a different company. If you pay close attention to the ads, they say "people that switch" but not "all drivers who get quotes" save that much when switching. That's the way companies can truthfully state the savings.
Each company has different criteria, so drivers should get as many free Fort Collins auto insurance quotes as possible. Because you cannot predict which auto insurance company will have the lowest Cadillac Escalade insurance in Fort Collins.
Situations that may require an agent's advice
Always keep in mind that when comparing adequate coverage for your vehicles, there isn't really a best way to insure your cars. Your financial needs are unique.
For instance, these questions could help you determine if your situation will benefit from professional help.
- Is my vehicle covered by my employer's policy when using it for work?
- Does my liability insurance cover pulling a trailer or camper?
- Where can I find DUI or SR-22 insurance?
- Are there any extra discounts I can get?
- Who sells insurance for high-risk drivers?
- Does car insurance cover theft of personal property?
- Do I need replacement cost coverage?
If you're not sure about those questions but you think they might apply to your situation, you may need to chat with a licensed insurance agent. To find an agent in your area, fill out this quick form. It is quick, free and can provide invaluable advice.
You can find cheap coverage
Consumers who switch companies do it for a variety of reasons including being labeled a high risk driver, delays in responding to claim requests, extreme rates for teen drivers and denial of a claim. It doesn't matter what your reason, finding the right car insurance provider is pretty simple and you could end up saving a buck or two.
Lower-priced car insurance in Fort Collins can be bought online and also from your neighborhood Fort Collins agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some insurance companies do not offer online price quotes and these regional insurance providers provide coverage only through independent agents.
In this article, we presented a lot of information how to save on Cadillac Escalade insurance in Fort Collins. It's most important to understand that the more quotes you get, the better your comparison will be. Consumers may even find the lowest priced car insurance comes from a lesser-known regional company.
For more information, feel free to browse the following helpful articles:
- Hybrid vehicles cost insurers more (Insurance Institute for Highway Safety)
- How Much is Colorado Auto Insurance for Low Credit Scores? (FAQ)
- What is the Best Auto Insurance in Boulder, Colorado? (FAQ)
- How Much are Colorado Auto Insurance Rates for Police Officers? (FAQ)
- Insurance Losses by Make and Model (iihs.org)
- What to do at the Scene of an Accident (Insurance Information Institute)