Find Cheaper Cadillac CTS-V Insurance in Bakersfield

Insurance quote for Cadillac CTS-V in BakersfieldThe preferred way to get affordable Cadillac CTS-V insurance in Bakersfield is to do a yearly price comparison from insurers in California.

  1. Gain an understanding of auto insurance and the factors you can control to drop your rates. Many rating factors that result in higher prices like at-fault accidents, careless driving, and a negative credit score can be remedied by making lifestyle changes or driving safer.
  2. Request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can provide price quotes from multiple sources.
  3. Compare the price quotes to your current policy premium to see if you can save by switching companies. If you find a lower rate quote and buy the policy, ensure there is no coverage lapse between policies.
  4. Give notification to your current company of your intention to cancel your existing policy. Submit a completed policy application and payment to the newly selected company. Once the application is submitted, store the certificate verifying proof of insurance with your vehicle’s registration.

An important bit of advice to remember is to make sure you’re comparing similar coverage information on every quote request and and to get rate quotes from all possible companies. Doing this ensures the most accurate price comparison and maximum price selection.

Anyone knows that auto insurance companies want to prevent you from shopping around. Insureds who shop around for the cheapest price are inclined to buy a new policy because there is a good probability of finding coverage at a more affordable price. A study showed that consumers who regularly compared price quotes saved over $850 each year compared to policyholders who never shopped around for lower prices.

If saving the most money on Cadillac CTS-V insurance is the reason you’re reading this, understanding how to shop for insurance coverage can make the process more efficient.

Companies offering Cadillac CTS-V insurance in California

The companies shown below provide quotes in California. If several companies are displayed, we suggest you visit two to three different companies in order to find the most affordable rates.

Facts and figures for Cadillac CTS-V insurance

The rate information below highlights detailed analysis of insurance coverage prices for Cadillac CTS-V models. Learning a little about how insurance premiums are figured can help you make smart choices when selecting a policy.

Cadillac CTS-V Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $274 $608 $424 $26 $128 $1,460 $122
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Data based on single female driver age 50, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include multi-policy, safe-driver, homeowner, claim-free, and multi-vehicle. Rate information does not factor in vehicle garaging location which can lower or raise prices considerably.

Comparison of policy deductibles

The hardest decision when buying coverage is how high should the physical damage deductibles be. The following insurance rates approximate the cost difference when you buy lower versus higher physical damage deductibles. The first set of prices uses a $250 physical damage coverage deductible and the second rate chart uses a $1,000 deductible.

Cadillac CTS-V insurance with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $518 $986 $376 $22 $112 $2,039 $170
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Cadillac CTS-V insurance with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS-V $320 $620 $376 $22 $112 $1,450 $121
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Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Premium costs do not factor in garaging location in Bakersfield which can influence prices substantially.

Based on this data, using a $250 deductible will cost you approximately $49 more each month or $588 annually than quoting the higher $1,000 deductible. Since you would have to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally average at a minimum 15 months between claims, you would more than likely save some money if you choose the higher deductible.

Calculation for determining deductible levels

Average monthly premium for $250 deductibles: $170
Average monthly premium for $1,000 deductibles (subtract): – $121
Monthly savings from raising deductible: $49
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $49
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 15 months

An important sidenote is that raising deductibles means you will have to pay more out-of-pocket at claim time. You need some money saved in order to pay the deductible.

Cadillac CTS-V insurance premiums by gender and age

The illustration below illustrates the comparison of Cadillac CTS-V auto insurance costs for male and female drivers. The data assumes no claims or driving citations, comp and collision included, $250 deductibles, single status, and no other discounts are factored in.

Cadillac CTS-V full coverage rates compared to liability only

The diagram below shows the difference between Cadillac CTS-V car insurance rates with full physical damage coverage compared to only buying the minimum liability limits required in California. The rate quotes are based on no claims or driving violations, $250 deductibles, single status, and no policy discounts are applied.

Should you pay for full coverage or liability only?

There is no exact formula to delete physical damage coverage, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is more than around 10% of the settlement you would receive from your company, then it may be the right time to buy liability only.

For example, let’s assume your Cadillac CTS-V claim settlement value is $5,000 and you have $1,000 physical damage deductibles. If your vehicle is destroyed, the most you would receive is $4,000 after you pay the deductible. If it’s costing you more than $400 annually for comprehensive and collision coverage, then it might be time to buy liability only.

There are some situations where eliminating full coverage is not in your best interest. If you still owe a portion of the original loan, you are required to maintain full coverage in order to keep the loan. Also, if you don’t have enough money to buy a different vehicle if your current one is in an accident, you should not opt for liability only.

Score discounts on Bakersfield car insurance

Auto insurance companies don’t always advertise all possible discounts in an easy-to-find place, so the list below contains some of the more common in addition to some of the lesser obvious credits available to lower your premiums when you buy Bakersfield auto insurance online. If you don’t get every credit you qualify for, you are paying more than you should be.Save money with discounts

As is typical with insurance, most discounts do not apply to the entire policy premium. Some only reduce individual premiums such as collision or personal injury protection. So when the math indicates you could get a free car insurance policy, you aren’t that lucky.

The diagram below compares Cadillac CTS-V insurance premiums with and without discounts applied. Data assumes a male driver, no accidents, no driving violations, California state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, safe-driver, multi-policy, homeowner, claim-free, and multi-car discounts applied.

Companies and a partial list of their discounts are included below.

If you want affordable Cadillac CTS-V insurance quotes, ask every insurance company the best way to save money. Discounts may not apply in your state. To view companies that can offer you the previously mentioned discounts in California, click here to view.

You may need specialized car insurance coverage

Always remember that when buying adequate coverage, there really is no “perfect” insurance plan. You are unique.Car insurance savings

These are some specific questions can help discover if you could use an agent’s help.

If you’re not sure about those questions but a few of them apply then you might want to talk to a licensed insurance agent. To find an agent in your area, simply complete this short form.

Get rate quotes but still have a local Bakersfield insurance agency

Many drivers just want to sit down and talk to an agent and that is not a bad decision The biggest benefit of comparing insurance prices online is the fact that you can find lower rates and still buy from a local agent.

Insurance agency in BakersfieldOnce you complete this quick form, your coverage information is instantly submitted to insurance agents in Bakersfield that can give you free Bakersfield auto insurance quotes for your car insurance coverage. There is no need to drive around because quoted prices will be sent to you. You can find lower rates AND an agent nearby. If you wish to get a rate quote from a specific car insurance provider, feel free to go to their quote page and fill out the quote form the provide.

Finding the right company should depend on more than just a low price. Ask your prospective agent these questions:

Choose the right car insurance agent

If you want a reliable agent, it can be helpful to understand the types of agencies and how they differ in how they quote coverages. Car insurance agencies can either be independent or exclusive depending on the company they work for.

Exclusive Insurance Agents

Agents in the exclusive channel write business for a single company and examples are State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot provide other company’s prices so if the price isn’t competitive there isn’t much they can do. They are very knowledgeable in insurance sales which helps them sell insurance even at higher premiums.

Listed below is a list of exclusive agents in Bakersfield who may provide you with price quote information.

6300 White Ln TBakersfield, CA 93309(661) 827-8800View Map

1100 Mohawk St #240Bakersfield, CA 93309(661) 322-3338View Map

3400 Panama Ln hBakersfield, CA 93313(661) 229-4008View Map

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Independent Agencies or Brokers

These type of agents can quote rates with many companies so they can quote policies with any number of different companies and find the cheapest car insurance rates. If they find a cheaper price, they simply move the coverage in-house and you don’t have to do anything. If you are comparing rate quotes, you should always include a couple of independent agencies in order to compare the most rates.

The following are independent agencies in Bakersfield that are able to give rate quotes.

2100 F St # 200Bakersfield, CA 93301(661) 327-9731View Map

2809 Unicorn Rd # 102Bakersfield, CA 93308(800) 221-3386View Map

4921 Calloway Dr # 101Bakersfield, CA 93312(661) 829-8933View Map

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Coverage specifics

Knowing the specifics of your policy helps when choosing the best coverages at the best deductibles and correct limits. The coverage terms in a policy can be impossible to understand and even agents have difficulty translating policy wording.

Coverage for uninsured or underinsured drivers – This coverage provides protection when the “other guys” are uninsured or don’t have enough coverage. This coverage pays for injuries sustained by your vehicle’s occupants and also any damage incurred to your Cadillac CTS-V.

Due to the fact that many California drivers only carry the minimum required liability limits (California limits are 15/30/5), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea.

Liability coverages – Liability insurance provides protection from injuries or damage you cause to a person or their property in an accident. Liability coverage has three limits: per person bodily injury, per accident bodily injury, and a property damage limit. As an example, you may have liability limits of 15/30/5 that translate to $15,000 in coverage for each person’s injuries, a per accident bodily injury limit of $30,000, and property damage coverage for $5,000.

Liability can pay for claims such as medical services, court costs, legal defense fees and emergency aid. How much coverage you buy is your choice, but you should buy as large an amount as possible. California state law requires minimum liability limits of 15/30/5 but drivers should carry more coverage.

The illustration below shows why buying minimum limits may not provide you with enough coverage.

Comprehensive car insurance – Comprehensive insurance coverage covers damage OTHER than collision with another vehicle or object. You need to pay your deductible first then your comprehensive coverage will pay.

Comprehensive coverage protects against things like a broken windshield, hail damage, theft and damage from a tornado or hurricane. The maximum amount your car insurance company will pay is the market value of your vehicle, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.

Collision – Collision coverage pays for damage to your CTS-V resulting from colliding with a stationary object or other vehicle. You first must pay a deductible then your collision coverage will kick in.

Collision can pay for claims like crashing into a ditch, driving through your garage door and hitting a parking meter. This coverage can be expensive, so analyze the benefit of dropping coverage from vehicles that are older. Another option is to increase the deductible on your CTS-V to bring the cost down.

Coverage for medical expenses – Coverage for medical payments and/or PIP pay for bills such as funeral costs, nursing services and doctor visits. The coverages can be used to fill the gap from your health insurance plan or if you are not covered by health insurance. Coverage applies to you and your occupants and also covers being hit by a car walking across the street. Personal Injury Protection is only offered in select states and gives slightly broader coverage than med pay

What is the best auto insurance company in California?

Ending up with the highest-rated insurer can be rather challenging considering how many different insurance companies sell coverage in California. The rank data displayed below can help you pick which car insurance providers you want to consider comparing rates from.

Bakersfield, California Auto Insurance Company Rankings
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
USAA 98 100 100 94% A++ 98.6
American Family 98 89 100 86% A 95.4
AAA of Southern California 91 94 97 92% A+ 94.1
State Farm 88 93 96 90% A++ 92.4
The Hartford 94 92 90 89% A+ 91.7
AAA Insurance 88 89 95 91% A 91.2
GEICO 84 93 93 89% A++ 90.3
The General 89 91 89 88% A- 90
Titan Insurance 90 87 91 95% A+ 89.6
Progressive 84 91 93 87% A+ 89.5
Mercury Insurance 88 91 90 85% A+ 89.4
Allstate 85 90 92 88% A+ 89.3
Nationwide 87 88 84 90% A+ 88.7
Liberty Mutual 84 87 93 88% A 88.5
21st Century 85 86 87 88% A 86.7
Esurance 85 80 95 87% A+ 85.9
Safeco 85 85 85 86% A 85.8
Travelers 80 87 87 83% A++ 85.2
Farmers Insurance 78 87 88 79% A 84.3
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Data Source: Best Car Insurance Companies

Get the best coverage at the most affordable price

We just covered some good ideas how you can reduce Cadillac CTS-V insurance auto insurance rates online in Bakersfield. The most important thing to understand is the more price quotes you have, the higher your chance of finding low cost Bakersfield auto insurance quotes. You may even discover the lowest priced car insurance comes from a lesser-known regional company.

Lower-priced car insurance in Bakersfield is attainable both online and from local insurance agents, and you should be comparing both to get a complete price analysis. Some insurance companies do not provide rates over the internet and most of the time these regional insurance providers prefer to sell through independent insurance agencies.

Drivers change insurance companies for any number of reasons including denial of a claim, high rates after DUI convictions, delays in paying claims and even being labeled a high risk driver. Regardless of your reason, switching car insurance companies can be less work than you think.

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