Affordable Rate Quotes for Cadillac CTS Insurance in Toledo

A recent survey discovered that most drivers renewed their policy with the same company for over three years, and nearly 40% of drivers have never even compared quotes to find cheaper rates. Consumers in Ohio could save up to 55% each year just by getting comparison quotes, but they just don’t understand how easy it is to compare rates online.

Insurance rates Cadillac CTS in ToledoTo save the most money, the best way to get low-cost car insurance rates is to do a yearly price comparison from different companies that insure vehicles in Toledo.

An essential thing to point out is to use the same coverage limits and deductibles on each quote request and and to get rates from as many companies as you can. This guarantees the most accurate price comparison and the best price selection.

Auto insurance discounts are available for cheaper rates

Some companies do not list every discount available very clearly, so here is a list both the well known in addition to some of the lesser obvious savings tricks you should be using when you buy Toledo car insurance online.

A quick disclaimer, some of the credits will not apply to the overall cost of the policy. Some only apply to individual premiums such as medical payments or collision. If you do the math and it seems like all the discounts add up to a free policy, companies don’t profit that way.

The illustration below illustrates the comparison of Cadillac CTS premium costs with and without some available policy discounts. The rates are based on a female driver, no claims or driving citations, Ohio state minimum liability limits, full physical damage coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, multi-policy, multi-car, claim-free, and homeowner discounts applied.

Larger auto insurance companies and a partial list of their discounts are included below.

If you need affordable Cadillac CTS insurance quotes, ask every prospective company how many discounts you can get. Depending on the company, some discounts might not be available to policyholders everywhere. If you would like to see a list of auto insurance companies who offer cheap Cadillac CTS insurance quotes in Ohio, click here.

Affordable Toledo Cadillac CTS insurance

The following companies can provide price quotes in Toledo, OH. To find the best car insurance in OH, we recommend you visit two to three different companies in order to find the cheapest rates.

Analysis of Cadillac CTS rates

The coverage information below showcases estimates of coverage costs for Cadillac CTS models. Having a good understanding how insurance prices are determined is important for you to make smart choices when selecting a coverage provider.

Cadillac CTS Insurance Rates in Toledo, OH
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $170 $342 $256 $16 $76 $860 $72
CTS $170 $342 $256 $16 $76 $860 $72
CTS Luxury AWD $170 $392 $256 $16 $76 $910 $76
CTS Performance AWD $170 $392 $256 $16 $76 $910 $76
CTS Luxury $170 $392 $256 $16 $76 $910 $76
CTS Performance $170 $392 $256 $16 $76 $910 $76
CTS Sport $170 $392 $256 $16 $76 $910 $76
CTS Premium $190 $392 $256 $16 $76 $930 $78
CTS Premium AWD $190 $392 $256 $16 $76 $930 $78
Get Your Own Custom Quote Go

Premium data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, claim-free, multi-policy, and homeowner. Rates do not factor in vehicle location which can modify price quotes greatly.

Rate comparison for different deductibles

When shopping for insurance, a common question is how high should the physical damage coverage deductibles be. The data tables below may aid in understanding the costs and benefits of buying low and high comp and collision deductibles. The first data table uses a $100 deductible for comp and collision and the second pricing table uses a $500 deductible.

Cadillac CTS insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $220 $416 $226 $14 $68 $969 $81
CTS $220 $416 $226 $14 $68 $969 $81
CTS Luxury AWD $220 $478 $226 $14 $68 $1,031 $86
CTS Performance AWD $220 $478 $226 $14 $68 $1,031 $86
CTS Luxury $220 $478 $226 $14 $68 $1,031 $86
CTS Performance $220 $478 $226 $14 $68 $1,031 $86
CTS Sport $220 $478 $226 $14 $68 $1,031 $86
CTS Premium $246 $478 $226 $14 $68 $1,057 $88
CTS Premium AWD $246 $478 $226 $14 $68 $1,057 $88
Get Your Own Custom Quote Go

Cadillac CTS insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $160 $280 $226 $14 $68 $748 $62
CTS $160 $280 $226 $14 $68 $748 $62
CTS Luxury AWD $160 $324 $226 $14 $68 $792 $66
CTS Performance AWD $160 $324 $226 $14 $68 $792 $66
CTS Luxury $160 $324 $226 $14 $68 $792 $66
CTS Performance $160 $324 $226 $14 $68 $792 $66
CTS Sport $160 $324 $226 $14 $68 $792 $66
CTS Premium $180 $324 $226 $14 $68 $812 $68
CTS Premium AWD $180 $324 $226 $14 $68 $812 $68
Get Your Own Custom Quote Go

Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Ohio minimum liability limits. Discounts applied include multi-vehicle, safe-driver, multi-policy, claim-free, and homeowner. Table data does not factor in specific garaging location which can influence premiums substantially.

Based on this data, using a $100 deductible will cost you roughly $19 more each month or $228 for a full year than opting for the higher $500 deductible. Since you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 21 months between claims, you would more than likely save some money by selecting a higher deductible.

Comparison of insurance rates by age and gender in Toledo

The chart below visualizes the comparison of Cadillac CTS insurance premiums for male and female drivers. The costs are based on no tickets, no at-fault accidents, full physical damage coverage, $100 deductibles, single marital status, and no other discounts are factored in.

Buy Cadillac CTS Insurance More Affordably

Part of the car insurance buying process is learning the rating factors that come into play when calculating the rates you pay for car insurance. When consumers understand what determines base rates, this allows you to make educated decisions that can earn you big savings.

Listed below are some of the major factors companies use to determine your prices.

How do annual miles impact premiums? – The higher the miles on your Cadillac each year the more you’ll pay to insure it. A lot of insurance companies rate vehicles based upon how you use the vehicle. Vehicles that sit idle most of the time qualify for better rates than vehicles that have high annual mileage. An improperly rated CTS may be wasting your money. It’s always a good idea to double check that your declarations sheet is rated on the proper vehicle usage.

Coverage lapses raise prices – Driving without insurance is a big no-no and you may have a hard time finding new coverage because you let your insurance lapse for non-payment. Not only will rates go up, getting caught without coverage will get you fines and jail time. You could then be forced to provide proof of insurance in the form of an SR-22 filing with the Ohio DMV.

Liability is important – The liability coverage on your policy is the protection if you are found to be at fault for damages from an accident. Your policy’s liability insurance provides you with a defense in court which can be incredibly expensive. Carrying liability coverage is mandatory and cheap compared to insuring for physical damage coverage, so do not cut corners here.

Stay claim-free and lower premiums – Companies in Ohio award cheaper rates to people who are not frequent claim filers. If you tend to file frequent claims, you can look forward to much higher rates or policy non-renewal. Your car insurance is intended to be relied upon for more catastrophic claims.

Higher deductibles are cheaper – Insurance for physical damage, also called ‘full coverage’, covers damage that occurs to your Cadillac. A few examples of covered claims are collision with another vehicle, damage caused by hail, and having your car stolen. The deductibles you choose define how much the insured will be required to pay if a claim is determined to be covered. The more of the claim you choose to pay out-of-pocket, the lower your rates will be.

Insurance loss data for a Cadillac CTS – Car insurance companies use data from past claims when setting rates for each model. Models that are shown to have higher loss trends will have higher premium rates.

The next table illustrates the collected loss data for Cadillac CTS vehicles. For each coverage category, the claim probability for all vehicles, regardless of manufacturer or model, equals 100. Percentage values below 100 are indicative of better than average losses, while values that are above 100 indicate a higher chance of having a claim or statistically larger losses.

Car Insurance Loss Data for Cadillac CTS Models
Vehicle Make and 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

Auto insurance agents can help

A small number of people would prefer to talk to a local agent and that is OK! Insurance agents will help you protect your assets and help file insurance claims. One of the best bonuses of price shopping on the web is the fact that you can find lower rates and still choose a local agent. Putting coverage with neighborhood agents is still important in Toledo.

Insurance agency in ToledoBy using this form (opens in new window), your coverage information is submitted to insurance agents in Toledo that can provide free Toledo car insurance quotes and help you find cheaper coverage. You never need to do any legwork because prices are sent to you. If for some reason you want to quote rates from a specific insurance company, don’t hesitate to search and find their rate quote page to submit a rate quote request.

Independent or Exclusive: It’s your choice

If you want to buy insurance from a good Toledo insurance agent, there are two different agency structures and how they differ in how they quote coverages. Toledo agents are classified as either exclusive or independent. Both types of agents can do a good job, but it’s a good idea to understand how they differ because it can influence your agent selection.

Independent Insurance Agencies or Brokers

Agents in the independent channel are not restricted to one company so they can insure your vehicles with an assortment of companies and get you the best rates possible. If they find a lower price, your agent can switch companies and you can keep the same agent.

When shopping rates, you definitely need to check rates from at a minimum one independent agency so that you have a good selection of quotes to compare.

Featured below are Toledo independent agencies who can help you get pricing information.

316 N Michigan StToledo, OH 43604(419) 243-6108View Map

6060 Renaissance Pl iToledo, OH 43623(419) 885-3571View Map

4452 Heatherdowns BlvdToledo, OH 43614(419) 472-9405View Map

View more Toledo agents

Exclusive Insurance Agencies

These type of agents normally can only provide a single company’s rates like American Family, State Farm, and Allstate. These agents are unable to provide other company’s prices so they really need to provide good service. Exclusive insurance agents are trained well on their products and sales techniques which helps them sell on service rather than price.

Shown below are exclusive agencies in Toledo who can help you get rate quotes.

State Farm: Romie Brown
1843 W Alexis Rd #1Toledo, OH 43613(419) 480-1212View Map

5415 Monroe St #2aToledo, OH 43623(419) 841-5017View Map

2600 N Reynolds Rd #104bToledo, OH 43615(419) 536-6030View Map

View more Toledo agents

Choosing the best insurance agent is decision based upon more than just the price. Here are some questions to ask:

Here’s why insurance is not optional

Despite the potentially high cost of Cadillac CTS insurance, paying for insurance is most likely required but also gives you several important benefits.

The benefits of buying insurance are without a doubt worth the cost, particularly if you ever have a claim. As of last year, the average driver in Ohio is overpaying more than $830 a year so compare rate quotes every year to ensure rates are inline.

Persistence will pay off

Budget-conscious Cadillac CTS insurance can be sourced from both online companies and from local agencies, and you need to price shop both in order to have the best chance of saving money. Some companies don’t offer the ability to get quotes online and these regional insurance providers provide coverage only through local independent agents.

As you restructure your insurance plan, you should never buy lower coverage limits just to save a few bucks. In many instances, an insured cut collision coverage only to discover later that the few dollars in savings costed them thousands. The proper strategy is to purchase a proper amount of coverage at the best cost, but do not skimp to save money.

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