Best Cadillac CTS Insurance in Bakersfield

Discount Cadillac CTS insuranceSaving money on Cadillac CTS insurance in Bakersfield is always slightly frustrating for drivers who are new to online price comparisons. Consumers have so many options available that it can turn into a ton of work to find the best price in California on Cadillac CTS insurance.

How to find better rates for Cadillac CTS insurance in Bakersfield

The best way to quote cheaper car insurance rates is to regularly compare prices from providers who can sell car insurance in Bakersfield.

  1. Gain an understanding of how insurance works and the measures you can control to keep rates down. Many risk factors that cause high rates such as your driving record and a less-than-favorable credit history can be remedied by making minor driving habit or lifestyle changes. Later in this article we will cover instructions to keep prices down and find additional discounts you may qualify for.
  2. Quote rates from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from a single company like GEICO or Allstate, while agents who are independent can provide price quotes from many different companies.
  3. Compare the new quotes to your existing policy and see if you can save money. If you find better rates, make sure coverage does not lapse between policies.
  4. Provide adequate notice to your current company to cancel the current policy. Submit payment and a completed application to the new company. Once coverage is bound, store the certificate verifying coverage with your registration paperwork.

The most important part of shopping around is that you’ll want to compare similar coverage information on each quote request and and to get rate quotes from every insurance company. This guarantees an accurate price comparison and the most accurate and complete price analysis.

A recent auto insurance study revealed that a large majority of consumers kept buying from the same company for at least the last four years, and approximately 40% of consumers have never compared rate quotes at all. Many consumers in the United States could cut their rates by $850 a year just by shopping around, but they just assume it takes a lot of time to go online and compare rates.

If you have insurance now, you will most likely be able to reduce the price you pay using the ideas presented in this article. Comparing quotes for the cheapest auto insurance in Bakersfield is simple if you know the tricks. Nevertheless, California consumers must learn how big insurance companies determine how much to charge because it can help you find the best coverage.

The best way we recommend to compare insurance rates from multiple companies is to take advantage of the fact most of the bigger providers pay for the opportunity to give rate comparisons. The only thing you need to do is spend a couple of minutes providing details such as whether the vehicles are used for commuting, deductibles desired, types of safety features, and your education level. Those rating factors gets sent immediately to many highly-rated insurers and you will get price comparisons immediately.

If you wish to get multiple quotes for your car now, click here then complete the form.

The companies in the list below provide free rate quotes in California. If several companies are displayed, it’s highly recommended you visit two to three different companies in order to get a fair rate comparison.

Cheap Bakersfield car insurance rates with discounts

Companies don’t always advertise the entire discount list in an easy-to-find place, so the following list contains some of the more common and also the lesser-known credits available to lower your premiums when you buy Bakersfield auto insurance online.Car insurance discounts

While discounts sound great, it’s important to understand that most credits do not apply to the entire cost. Some only apply to individual premiums such as comprehensive or collision. If you do the math and it seems like you would end up receiving a 100% discount, you’re out of luck.

The example below illustrates the comparison of Cadillac CTS insurance rates with and without discounts. The rates are based on a female driver, no violations or claims, California state minimum liability limits, full physical damage coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with homeowner, multi-car, safe-driver, marriage, multi-policy, and claim-free discounts applied.

A few popular companies and some of the premium reductions they offer can be found below.

If you are trying to find cheaper Bakersfield auto insurance quotes, ask all the companies to apply every possible discount. Discounts may not apply in Bakersfield.

Rates and data analysis

The rate information shown below showcases different insurance costs for Cadillac CTS models. Learning as much as possible about how auto insurance premiums are determined can help you make decisions on which coverage to buy.

Cadillac CTS Insurance Rates in Bakersfield, CA
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $216 $392 $456 $26 $136 $1,226 $102
CTS $216 $392 $456 $26 $136 $1,226 $102
CTS Luxury AWD $216 $452 $456 $26 $136 $1,286 $107
CTS Performance AWD $216 $452 $456 $26 $136 $1,286 $107
CTS Luxury $216 $452 $456 $26 $136 $1,286 $107
CTS Performance $216 $452 $456 $26 $136 $1,286 $107
CTS Sport $216 $452 $456 $26 $136 $1,286 $107
CTS Premium $242 $452 $456 $26 $136 $1,312 $109
CTS Premium AWD $242 $452 $456 $26 $136 $1,312 $109
Get Your Own Custom Quote Go

Premium data assumes married male driver age 40, no speeding tickets, no at-fault accidents, $1000 deductibles, and California minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, safe-driver, and multi-policy. Price estimates do not factor in specific garaging location which can revise coverage prices greatly.

An analysis of deductible level

One of the hardest decisions when shopping for auto insurance is how high should the physical damage coverage deductibles be. The comparisons below summarize the rate fluctuation of buying low and high coverage deductibles. The first rate estimation uses a $100 physical damage deductible and the second rate table uses a $1,000 deductible.

Cadillac CTS insurance prices with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $430 $810 $442 $26 $132 $1,865 $155
CTS $430 $810 $442 $26 $132 $1,865 $155
CTS Luxury AWD $430 $932 $442 $26 $132 $1,987 $166
CTS Performance AWD $430 $932 $442 $26 $132 $1,987 $166
CTS Luxury $430 $932 $442 $26 $132 $1,987 $166
CTS Performance $430 $932 $442 $26 $132 $1,987 $166
CTS Sport $430 $932 $442 $26 $132 $1,987 $166
CTS Premium $478 $932 $442 $26 $132 $2,035 $170
CTS Premium AWD $478 $932 $442 $26 $132 $2,035 $170
Get Your Own Custom Quote Go

Cadillac CTS insurance prices with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $238 $426 $442 $26 $132 $1,264 $105
CTS $238 $426 $442 $26 $132 $1,264 $105
CTS Luxury AWD $238 $490 $442 $26 $132 $1,328 $111
CTS Performance AWD $238 $490 $442 $26 $132 $1,328 $111
CTS Luxury $238 $490 $442 $26 $132 $1,328 $111
CTS Performance $238 $490 $442 $26 $132 $1,328 $111
CTS Sport $238 $490 $442 $26 $132 $1,328 $111
CTS Premium $266 $490 $442 $26 $132 $1,356 $113
CTS Premium AWD $266 $490 $442 $26 $132 $1,356 $113
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include multi-policy, homeowner, claim-free, multi-vehicle, and safe-driver. Information does not factor in Bakersfield location which can raise or lower coverage rates significantly.

Using the data above, we can ascertain that using a $100 deductible costs an average of $54 more each month or $648 a year than choosing the higher $1,000 deductible. Because you would pay $900 more out of your own pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 17 months between claims, you would most likely save money if you choose a higher deductible. The table below shows the way we made this calculation.

Average monthly premium for $100 deductibles: $164
Average monthly premium for $1,000 deductibles (subtract): – $110
Monthly savings from raising deductible: $54
Difference between deductibles ($1,000 – $100): $900
Divide difference by monthly savings: $900 / $54
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 17 months

One important caveat is that raising deductibles means you will have to cover more of the damage yourself when you do file a claim. You must have enough disposable savings in the event you have to pay more to get your vehicle repaired.

Tickets and at-fault accidents raise rates

The information below shows how traffic citations and accident claims can raise Cadillac CTS annual premium costs for different age categories. The price estimates are based on a single male driver, comp and collision included, $1,000 deductibles, and no discounts are applied to the premium.

Cost difference between full coverage and liability

The diagram below compares Cadillac CTS yearly insurance costs with and without physical damage coverage. The information is based on no violations or claims, $100 deductibles, single status, and no discounts are applied to the premium.

Should you buy full coverage or liability only?

There is no set guideline to eliminate physical damage coverage on your policy, but there is a broad guideline. If the annual cost of comprehensive and collision coverage is more than about 10% of the settlement you would receive from your company, then it’s probably a good time to buy liability coverage only.

For example, let’s assume your Cadillac CTS settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,000 after paying your deductible. If it’s costing you more than $400 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are some situations where dropping physical damage coverage is not advised. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to satisfy the requirements of the loan. Also, if your emergency fund is not enough to purchase a different vehicle in case of an accident, you should not drop full coverage.

How to Lower Your Insurance Rates

Many factors are part of the equation when premium rates are determined. A few of the factors are predictable like your driving record, but other factors are more transparent like your vehicle usage or your commute time. It’s important that you understand some of the factors that are used to determine the price you pay for car insurance. If you have some idea of what impacts premium levels, this empowers consumers to make smart changes that could help you find better car insurance rates.

Shown below are most of the major factors that factor into your rate level.

Higher prices for specific occupations – Occupational choices like military personnel, business owners, and stock brokers usually pay the highest average rates attributed to intense work situations and lengthy work days. Conversely, careers such as scientists, athletes and retirees get better rates.

Your location is a factor – Having an address in less populated areas of the country can be a good thing when buying car insurance. People in densely populated areas tend to have traffic congestion and more severe claims. Less people living in that area means less chance of accidents.

Frequent policy claims will cost you more – Car insurance companies in California provide the best rates to people who only file infrequent claims. If you frequently file small claims, you can look forward to higher premiums or even policy non-renewal. Insurance coverage is meant to be used in the event of claims that pose a financial burden.

Eliminate unneeded incidental coverages – Policies have optional add-on coverages that you can get tricked into buying if you aren’t careful. Insurance for things like personal injury protection, accident forgiveness, and extra equipment coverage could be just wasting money. The coverages may be enticing when talking to your agent, but if you don’t need them think about removing them and cutting costs.

High performance vehicles cost more to insure – The make and model of the vehicle you are buying insurance for makes a huge difference in the rate you pay. The lowest rates are generally reserved for the lowest performance passenger vehicles, but the cost you end up paying is determined by many additional factors.

The next chart uses these assumptions: married female driver age 30, full coverage with $500 deductibles, and no discounts or violations. It illustrates Cadillac CTS insurance rates compared to other models of vehicles that have a range of performance risks.

Does auto insurance cost less for gals? – Over time, data shows females are less aggressive when driving. It does not mean females are better drivers. Both sexes cause fender benders in similar numbers, but males tend to have higher claims. They also receive more costly citations like reckless driving and DUI.

The diagram below illustrates the comparison of Cadillac CTS premium costs for male and female drivers. The price estimates are based on no claims, a clean driving record, comp and collision included, $500 deductibles, marital status is single, and no policy discounts are applied.

Drive fewer miles and save – The higher the mileage driven annually the more you’ll pay to insure your vehicle. Almost all companies calculate prices determined by how the vehicle is used. Cars and trucks that sit idle most of the time cost less to insure than vehicles that have high annual mileage. A policy that improperly rates your CTS may be costing you. Make sure your vehicle rating is showing the correct usage.

Better credit means lower prices – Having a bad credit rating is likely to be a major factor in determining what you pay. Insureds that have very good credit scores tend to file fewer claims and have better driving records than drivers who have poor credit. So if your credit score can be improved, you could pay less to insure your Cadillac CTS if you clean up your credit.

Insurance losses for a Cadillac CTS – Insurers use past insurance losses when they calculate premium rates for each model. Vehicles that statistically have a trend towards higher claims will have a higher cost to insure. The next table illustrates the insurance loss data used by companies for Cadillac CTS vehicles.

For each coverage type, the claim probability for all vehicles combined as an average is considered to be 100. Percentage numbers below 100 suggest a positive loss record, while percentage values above 100 indicate more frequent claims or an increased probability of a larger loss.

Insurance Loss Ratings for Cadillac CTS Vehicles
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Cadillac CTS 4dr 2WD 123 72 118 73
Cadillac CTS 4dr 4WD 127 75 98 75
Cadillac CTS-V 2dr 174 74 135

Empty fields indicate not enough data collected
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years