Compare Cadillac SRX Insurance Quotes in Durham

The easiest way to quote cheaper car insurance rates is to compare quotes annually from insurance carriers in Durham. Prices can be compared by following these steps.

1. Get a basic knowledge of what is in your policy and the things you can change to lower rates. Many factors that result in higher prices like speeding tickets, accidents and a poor credit score can be controlled by making lifestyle changes or driving safer. This article gives tips to find cheap prices and find discounts that you may qualify for.
2. Request price quotes from exclusive agents, independent agents, and direct providers. Exclusive and direct companies can only give rate quotes from one company like Progressive or Farmers Insurance, while agents who are independent can give you price quotes from many different companies. View a list of agents
3. Compare the new rate quotes to your current policy premium to see if a cheaper rate is available in Durham. If you can save some money and switch companies, ensure there is no coverage lapse between policies.

A tip to remember is to try to use the same level of coverage on each price quote and and to get prices from as many different insurance providers as possible. Doing this ensures a fair rate comparison and a complete selection of prices.

We don’t have to tell you that insurance companies don’t want you quoting rates from other companies. Drivers who do rate comparisons will, in all likelihood, switch to a new company because the odds are good of finding discount prices. A recent insurance study discovered that people who compared prices regularly saved an average of $850 each year as compared to drivers who never shopped around for lower prices.

If finding low prices for Cadillac SRX insurance in Durham is your intention, then having some insight into the best ways to find and compare insurance coverage can save time and make the process easier.

Cheaper Durham auto insurance rates with discounts

Auto insurance is not inexpensive, but companies offer discounts that many people don’t even know exist. Certain reductions will be credited when you quote, but a few need to be specifically requested before you will receive the discount.

• Student in College – Youth drivers who live away from home to go to college and won’t have access to an insured vehicle may qualify for this discount.
• Memberships – Being in qualifying employment or professional organizations could trigger savings on auto insurance.
• Life Insurance Discount – Not every insurance company offers life insurance, but if they do you may earn a lower premium rate if you buy life insurance.
• Anti-lock Brake Discount – Cars equipped with ABS or steering control are safer to drive and therefore earn up to a 10% discount.
• Lower Rates for Military – Having an actively deployed family member may qualify for rate reductions.
• Seat Belts Save more than Lives – Drivers who always wear seat belts and also require passengers to use a seat belt can save a little off the medical payments premium.
• Drivers Ed for Students – Have your child complete a driver education course as it will make them better drivers and lower rates.

Policy discounts save money, but most of the big mark downs will not be given to the whole policy. Most cut specific coverage prices like liability, collision or medical payments. So despite the fact that it appears it’s possible to get free car insurance, company stockholders wouldn’t be very happy.

The chart below illustrates the difference between Cadillac SRX auto insurance costs with and without some available policy discounts. The price estimates are based on a male driver, no claims or driving citations, North Carolina 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 safe-driver, multi-car, claim-free, homeowner, multi-policy, and marriage discounts applied.

A list of auto insurance companies and the discounts they provide include:

• State Farm has savings for anti-theft, student away at school, multiple policy, good student, Drive Safe & Save, and multiple autos.
• GEICO may offer discounts for federal employee, five-year accident-free, multi-vehicle, driver training, seat belt use, military active duty, and daytime running lights.
• SAFECO may include discounts for homeowner, multi-car, anti-lock brakes, drive less, accident prevention training, anti-theft, and safe driver.
• Farmers Insurance may have discounts that include youthful driver, alternative fuel, mature driver, teen driver, and early shopping.
• AAA discounts include anti-theft, education and occupation, multi-car, multi-policy, and AAA membership discount.
• USAA offers premium reductions for annual mileage, loyalty savings, family discount, good student, vehicle storage, multi-vehicle, and driver training.

Before you buy a policy, ask each company or agent how you can save money. Savings might not be available to policyholders in Durham. If you would like to see a list of insurance companies with discount rates in North Carolina, click this link.

Compare Cadillac SRX insurance rates

To get affordable Cadillac SRX insurance quotes, there a variety of ways to obtain and compare prices from local Durham auto insurance companies. The best way to comparison shop is to use the internet to compare rates.

Getting price quotes online is very simple and it makes it obsolete to spend time driving to and from local Durham insurance agencies. Doing it all online has made agencies unnecessary unless you have a need for the professional abilities of a local Durham agent. Although you can get the lowest quotes online but buy from a local insurance agent.

When comparing auto insurance rates, know that comparing a wide range of rates gives you a better chance of getting more affordable insurance. Some regional insurers cannot provide Durham SRX insurance quotes online, so it’s recommended that you also compare prices on coverage from those companies, too.

The auto insurance companies shown below are our best choices to provide free rate quotes in Durham, NC. If your goal is to find the best cheap auto insurance in Durham, we suggest you visit two to three different companies in order to find the most competitive rates.

Rates and statistics

The coverage information shown next showcases detailed analysis of prices for Cadillac SRX models. Being more informed about how insurance quotes are figured can be of help when making smart policy decisions.

Above prices assume single female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Premium amounts do not factor in the specific area where the vehicle is garaged which can lower or raise coverage prices considerably.

Raise deductibles and save

One of the hardest decisions when shopping for auto insurance is the level to set your comp and collision deductibles. The rates below show the difference in cost between low and high policy deductibles. The first table uses a $100 deductible for physical damage and the second rate chart uses a $1,000 deductible.

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, and North Carolina minimum liability limits. Discounts applied include multi-vehicle, homeowner, multi-policy, claim-free, and safe-driver. Price estimates do not factor in specific location information which can increase or decrease coverage prices greatly.

Based on the above data, using a $100 deductible costs an average of $31 more each month or $372 a year than requesting the higher $1,000 deductible. Because you would pay $900 more to file a claim with a $1,000 deductible as compared to a $100 deductible, if you go at least 29 months between claims, you would save money if you choose the higher deductible. The table below illustrates a better example of how you can do this calculation yourself.

One thing to be aware of is that increasing deductibles to lower your rates means you will have to pay more when you have to file a claim. It will be required that you have some funds available in the event you have to pay the higher deductible in order to repair your vehicle.

Bad driving habits will cost you more

The diagram below shows how violations and at-fault fender-benders can influence Cadillac SRX insurance rates for different age categories. The costs are based on a married male driver, full coverage, $500 deductibles, and no other discounts are factored in.

Special considerations

When it comes to the right insurance coverage, there really is not a single plan that fits everyone. Everyone’s needs are different so your insurance should reflect that These are some specific questions can aid in determining if your insurance needs would benefit from an agent’s advice.

• Do I pay less if my vehicle is kept in my garage?
• What is roadside assistance coverage?
• Am I covered if I break a side mirror?
• Which companies are cheaper for teen drivers?
• Are rock chip repairs covered?
• Do I benefit by insuring my home with the same company?
• If I use my vehicle for business use is it covered?

If you can’t answer these questions but one or more may apply to you, you might consider talking to a licensed agent. If you want to speak to an agent in your area, take a second and complete this form or you can also visit this page to select a carrier

When should I have guidance from an insurance agent?

A small number of people still like to visit with an insurance agent and that can be a smart move A nice benefit of getting online price quotes is that you can obtain lower rates and also buy local.

Upon completion of this form (opens in new window), your insurance data is sent to local insurance agents in Durham that can provide free Durham car insurance quotes for your insurance coverage. It’s much easier because you don’t need to contact any insurance agencies because prices are sent to you instantly. It’s the lowest rates AND a local agent. If you want to compare rates for a specific company, feel free to navigate to their website and fill out the quote form the provide.

Picking an insurer should include more criteria than just a cheap price. Here are some questions you should ask.

• If independent agents, which companies do they recommend?
• Are they giving you every discount you deserve?
• Do you work with a CSR or direct with the agent?
• Are there any discounts for paying up front?
• Is every driver in your family covered?

If you need to find a reliable agent, you need to know there are two different agency structures and how they differ in how they can insure your vehicles. Insurance policy providers can either be independent agents or exclusive agents.

Exclusive Insurance Agencies

Agents that choose to be exclusive write business for a single company and examples are Allstate, State Farm and Farm Bureau. These agents are not able to compare other company’s rates so always compare other rates. Exclusive agencies are highly trained on their company’s products and that enables them to sell even at higher rates.

The following is a list of exclusive insurance agencies in Durham who may provide you with rate quotes.

View more Durham agents

Independent Insurance Agencies

Agents in the independent channel are not restricted to one company so they can quote policies with multiple insurance companies and get the cheapest rates. If your premiums go up, they simply move your policy to a different company and you don’t have to do anything.

If you are comparing insurance prices, you need to compare prices from independent agents for the best price selection.

Shown below are Durham independent agencies who can help you get comparison quotes.

View more Durham agents

It may be expensive, but it’s not optional

Despite the high cost, insurance may be required for several reasons.

• The majority of states have minimum liability requirements which means it is punishable by state law to not carry specific limits of liability if you drive a vehicle. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
• If your Cadillac SRX has a loan, it’s guaranteed your bank will stipulate that you have insurance to guarantee their interest in the vehicle. If you do not keep the policy in force, the bank or lender will purchase a policy for your Cadillac at a more expensive rate and make you pay the higher premium.
• Insurance safeguards not only your Cadillac SRX but also your financial assets. It will also provide coverage for most medical and hospital costs incurred in an accident. Liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will cover the damage repairs after a deductible is paid.

The benefits of insuring your car are without a doubt worth the cost, especially with large liability claims. According to a recent study, the average American driver is currently overpaying as much as $830 a year so you should quote and compare rates at every renewal to help ensure money is not being wasted.

What insurance coverages do you need?

Understanding the coverages of a insurance policy can help you determine appropriate coverage and the correct deductibles and limits. Insurance terms can be impossible to understand and reading a policy is terribly boring. These are the normal coverages found on the average insurance policy.

UM/UIM (Uninsured/Underinsured Motorist) coverage – This coverage protects you and your vehicle from other drivers when they do not carry enough liability coverage. Covered losses include injuries to you and your family as well as your vehicle’s damage.

Due to the fact that many North Carolina drivers only purchase the least amount of liability that is required (which is 30/60/25), it doesn’t take a major accident to exceed their coverage limits. That’s why carrying high Uninsured/Underinsured Motorist coverage is important protection for you and your family.

Medical payments and PIP coverage – Med pay and PIP coverage provide coverage for bills such as pain medications, EMT expenses and chiropractic care. They are used in conjunction with a health insurance policy or if you lack health insurance entirely. Medical payments and PIP cover both the driver and occupants in addition to being hit by a car walking across the street. Personal injury protection coverage is only offered in select states and gives slightly broader coverage than med pay

Collision coverage – This coverage pays to fix your vehicle from damage resulting from a collision with an object or car. You have to pay a deductible then your collision coverage will kick in.

Collision coverage pays for things such as driving through your garage door, damaging your car on a curb and hitting a mailbox. Collision is rather expensive coverage, so consider dropping it from vehicles that are older. You can also choose a higher deductible on your SRX to bring the cost down.

Comprehensive auto coverage – This covers damage OTHER than collision with another vehicle or object. You first have to pay a deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage protects against things such as damage from flooding, rock chips in glass, hitting a deer and a tree branch falling on your vehicle. The highest amount you’ll receive from a claim is the actual cash value, so if your deductible is as high as the vehicle’s value it’s probably time to drop comprehensive insurance.

Liability coverages – This coverage can cover damage or injury you incur to other people or property in an accident. It protects YOU from legal claims by others. It does not cover damage to your own property or vehicle.

Coverage consists of three different limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show liability limits of 30/60/25 which means a $30,000 limit per person for injuries, a total of $60,000 of bodily injury coverage per accident, and a limit of $25,000 paid for damaged property.

Liability can pay for claims like bail bonds, loss of income, repair bills for other people’s vehicles, medical expenses and pain and suffering. How much liability coverage do you need? That is your choice, but consider buying as much as you can afford. North Carolina state law requires minimum liability limits of 30/60/25 but it’s recommended drivers buy better liability coverage.

The illustration below demonstrates why buying minimum limits may not be enough coverage.

Frequent quotes can save

While you’re price shopping online, it’s very important that you do not buy poor coverage just to save money. Too many times, an insured dropped full coverage only to discover later that the few dollars in savings costed them thousands. Your goal should be to buy enough coverage at the best price.

In this article, we covered some good ideas how you can reduce Cadillac SRX insurance auto insurance rates online in Durham. The key thing to remember is the more times you quote, the more likely it is that you will get a better rate. Drivers may even discover the lowest priced car insurance comes from some of the smallest insurance companies. These companies may have significantly lower premium rates on certain market segments as compared to the big name companies such as State Farm, GEICO and Nationwide.

To learn more, take a look at the resources below:

• Auto Theft Statistics (Insurance Information Institute)
• How Much are Durham Auto Insurance Rates for Low Credit Scores? (FAQ)
• What Auto Insurance is Cheapest in Durham, North Carolina? (FAQ)
• Who Has the Cheapest Auto Insurance for Teenagers in Durham? (FAQ)
• Who Has Cheap Auto Insurance for a Jeep Grand Cherokee in Durham? (FAQ)
• Rental Reimbursement Coverage (Allstate)
• Young Drivers: The High Risk Years Video (iihs.org)
• Teen Driver Licensing Information (iihs.org)
• Warning systems don’t curb driver distraction (Insurance Institute for Highway Safety)