Unimaginable but true, almost 70% of insureds have been with the same company for four years or more, and 38% of customers have never compared rates to find cheaper insurance. Most drivers in Lincoln could save themselves up to 30% a year by just comparing quotes, but most just don’t grasp how much they could save if they swap their current policy for a cheaper one.
If you want to save money, the best way to get budget Cadillac CTS insurance is to compare prices annually from companies who provide auto insurance in Lincoln. You can shop around by following these steps.
First, try to comprehend what coverages are included in your policy and the factors you can control to prevent expensive coverage. Many rating criteria that cause high rates like accidents, traffic tickets, and an imperfect credit history can be improved by making lifestyle changes or driving safer. Later in this article we will cover additional tips to prevent high rates and get additional discounts that may have been overlooked.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from a single company like GEICO and State Farm, while agents who are independent can provide price quotes from multiple companies.
Third, compare the price quotes to your current policy premium to see if a cheaper rate is available in Lincoln. If you can save money and decide to switch, make sure there is no lapse in coverage.
Fourth, provide written notification to your current company to cancel your existing policy and submit a down payment and signed policy application to your new company or agent. As soon as coverage is bound, put the certificate of insurance in an easily accessible location.
An important part of this process is to try to compare similar coverage information on each price quote and and to compare as many carriers as you can. Doing this guarantees the most accurate price comparison and a thorough price selection.
Quoting and buying the most affordable auto insurance policy in Lincoln is not as time-consuming as you think. Essentially every driver who needs more affordable auto insurance most likely will be able to find better rates. Although Nebraska consumers can benefit from knowing how big insurance companies determine what you pay.
Many insurance companies give coverage price quotes on the web. Doing online quotes for Cadillac CTS insurance in Lincoln is quite simple as you simply enter the amount of coverage you want as requested by the quote form. After the form is submitted, the quote system requests your driving and credit reports and gives you a price quote determined by many factors. Quoting online for Cadillac CTS insurance in Lincoln makes comparing rates easy, and it’s absolutely necessary to get many rate quotes if you want to find the most affordable premium on insurance.
To compare rates using this form now, compare rates now from the companies shown below. If you have a policy now, it’s recommended you duplicate coverages and limits as shown on your current policy. This ensures you will get an apples-to-apples comparison based on similar coverages.
The companies in the list below offer comparison quotes in Lincoln, NE. If your goal is to find cheap auto insurance in NE, we suggest you visit two to three different companies to get a more complete price comparison.
Insurance is an important decision
Even though it can be expensive, buying insurance serves an important purpose.
- Just about all states have mandatory liability insurance requirements which means you are required to carry specific minimum amounts of liability protection in order to get the vehicle licensed. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
- If you bought your CTS with a loan, most lenders will require you to buy full coverage to guarantee their interest in the vehicle. If you do not pay your insurance premiums, the bank may insure your Cadillac for a lot more money and force you to pay much more than you were paying before.
- Insurance safeguards both your Cadillac CTS and your personal assets. It will also provide coverage for medical expenses for you, your passengers, and anyone else injured in an accident. One policy coverage, liability insurance, also covers all legal expenses up to the policy limit if anyone sues you for causing an accident. If your vehicle suffers damage from an accident or hail, collision and comprehensive coverages will cover the repair costs.
The benefits of insuring your car more than offset the price you pay, particularly if you ever have a claim. According to a 2015 survey, the average American driver is overpaying more than $865 each year so you should quote and compare rates at least once a year to be sure current rates are still competitive.
Cadillac CTS coverage analysis
The premium table displayed next covers a range of insurance policy prices for Cadillac CTS models. Being able to understand how auto insurance policy rates are established is important for you to make smart choices when comparing insurance quotes.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CTS AWD | $208 | $426 | $362 | $22 | $108 | $1,126 | $94 |
| CTS | $208 | $426 | $362 | $22 | $108 | $1,126 | $94 |
| CTS Luxury AWD | $208 | $492 | $362 | $22 | $108 | $1,192 | $99 |
| CTS Performance AWD | $208 | $492 | $362 | $22 | $108 | $1,192 | $99 |
| CTS Luxury | $208 | $492 | $362 | $22 | $108 | $1,192 | $99 |
| CTS Performance | $208 | $492 | $362 | $22 | $108 | $1,192 | $99 |
| CTS Sport | $208 | $492 | $362 | $22 | $108 | $1,192 | $99 |
| CTS Premium | $232 | $492 | $362 | $22 | $108 | $1,216 | $101 |
| CTS Premium AWD | $232 | $492 | $362 | $22 | $108 | $1,216 | $101 |
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Data rating is based on single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Nebraska minimum liability limits. Discounts applied include homeowner, claim-free, safe-driver, multi-vehicle, and multi-policy. Premium amounts do not factor in specific location which can lower or raise price quotes substantially.
Auto insurance policy discounts you can’t miss
Properly insuring your vehicles can get expensive, but you may be missing some discounts that many people don’t even know exist. Most are applied at the time of quoting, but some discounts are required to be manually applied prior to receiving the credit. If you aren’t receiving every discount possible, you may be paying too high a price.
- Onboard Data Collection – Drivers who elect to allow their insurance company to look at driving patterns by using a telematic data system such as Progressive’s Snapshot and State Farm’s In-Drive could see a rate decrease if they show good driving skills.
- Theft Prevention System – Vehicles with anti-theft systems can help prevent theft and can earn a small discount on your policy.
- Memberships – Being in qualifying clubs or civic groups could qualify you for a break when shopping for auto insurance.
- Discounts for Government Workers – Having worked for a branch of the government could cut as much as 10% off with some auto insurance companies.
- Distant Student – Youth drivers who attend college more than 100 miles from Lincoln and leave their car at home could qualify for this discount.
- Senior Citizens – Seniors can possibly qualify for better auto insurance rates.
- Lower Rates for Military – Having a family member in the military could trigger a small discount.
We need to note that many deductions do not apply to the whole policy. Most cut the cost of specific coverages such as comprehensive or collision. If you do the math and it seems like all the discounts add up to a free policy, companies wouldn’t make money that way.
The example below illustrates the comparison of Cadillac CTS insurance premiums with and without discounts. The prices are based on a female driver, no violations or accidents, Nebraska state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, claim-free, multi-policy, safe-driver, and marriage discounts applied.
To see insurance companies that offer many of these discounts in Lincoln, click here.
You may need specialized insurance coverage
When quoting and choosing a policy for your personal vehicles, there is no single plan that fits everyone. Your situation is unique.
Here are some questions about coverages that can help discover whether you might need professional guidance.
- Is my dog or cat covered if injured in an accident?
- I have health insurance so do I need medical payments coverage?
- Is a fancy paint job covered?
- What is the difference between comprehensive and collision coverage?
- Am I covered while delivering pizza?
- What is roadside assistance coverage?
- Is my Cadillac CTS covered if I use it for business?
- Who is covered when they drive my Cadillac CTS?
- Does coverage extend to Mexico or Canada?
- What is glass protection for?
If you’re not sure about those questions but you know they apply to you then you might want to talk to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form.
Nebraska auto insurance companies ranked
Picking a highly-rated auto insurance company can be difficult considering how many companies provide coverage in Nebraska. The company rank data displayed below can help you choose which insurers you want to consider when looking for cheaper rates.
Top 10 Lincoln Car Insurance Companies Ranked by Customer Service
- State Farm
- Nationwide
- Safeco Insurance
- American Family
- Travelers
- Liberty Mutual
- GEICO
- Allstate
- The Hartford
- Farmers Insurance