Cutting costs on Cadillac ATS insurance in Minneapolis may be kind of frustrating for people who are beginners to online price comparisons. Since there are so many companies competing online, it can turn into a real difficult job to locate the lowest premium rates.
Unimaginable but true, the vast majority of car insurance customers in Minnesota have remained with the same car insurance company for over three years, and almost 40% of drivers have never compared rate quotes at all. The average driver in the United States could cut their rates by as much as 47% a year just by shopping around, but they don’t know the rate savings if they just switched companies.
Consumers need to shop coverage around as often as possible since prices trend upward over time. If you had the lowest price on Cadillac ATS insurance in Minneapolis at your last renewal other companies may now be cheaper. Forget anything you know (or think you know) about car insurance because we’re going to show you the best methods to save on car insurance.
Minneapolis insurance discounts for a Cadillac ATS
Not too many consumers would say car insurance is affordable, but you can get discounts that could drop your premiums quite a bit. A few discounts will be applied at the time of quoting, but a few must be requested specifically before you will receive the discount. If you’re not getting every credit you deserve, you could be getting lower rates.
- Active Service Discounts – Being on active duty in the military could be rewarded with lower prices.
- Multiple Vehicles – Buying coverage for several vehicles on the same car insurance policy may reduce the rate for each vehicle.
- Data Collection Discounts – People who choose to allow driving data collection to spy on where and when they drive by using a telematic data system like Allstate’s Drivewise might see lower rates as long as the data is positive.
- Air Bags and Passive Restraints – Vehicles equipped with air bags or automatic seat belts may earn rate discounts of 25 to 30%.
- Low Mileage – Driving less can qualify you for better rates on cars that stay parked.
- Senior Citizens – Drivers over the age of 55 can get a small discount on rates.
- Clubs and Organizations – Having an affiliation with a qualifying organization could earn you a nice discount when shopping for car insurance.
- Bundled Policy Discount – If you can bundle your homeowners and auto insurance and place coverage with the same company they may give you a discount of up to 20% off your total ATS insurance premium.
Consumers should know that some credits don’t apply to the entire cost. A few only apply to the price of certain insurance coverages like comprehensive or collision. Just because you may think you could get a free car insurance policy, it’s just not the way it works.
To view car insurance companies who offer discounts in Minneapolis, click here.
Most major insurance companies allow consumers to get pricing directly from their websites. Obtaining pricing for Cadillac ATS insurance in Minneapolis is quite easy as you simply enter your coverage information into the quote form. After you submit the form their rating system automatically retrieves information on your driving record and credit history and generates a price based on the information you submitted.
Quoting online for Cadillac ATS insurance in Minneapolis makes it simple to compare prices and it’s absolutely necessary to have as many quotes as possible if you want to get the best possible rates on auto insurance.
To use this form to compare rates, compare rates from the companies below. To compare your current rates, we recommend you complete the form with coverages and limits as close as possible to your current policy. This makes sure you are getting a price comparison using the exact same coverages.
The providers in the list below can provide free quotes in Minneapolis, MN. If you want to find cheap auto insurance in Minneapolis, MN, we recommend you get rate quotes from several of them to get a more complete price comparison.
Insurance Price Influencing Factors
Many factors are considered when quoting car insurance. Some are pretty understandable such as your driving history, but others are not as apparent like your continuous coverage or your vehicle rating. One of the most helpful ways to save on auto insurance is to to have a grasp of the different types of things that play a part in calculating your auto insurance rates. If you have some idea of what controls the rates you pay, this empowers consumers to make smart changes that may result in better auto insurance rates.
- Bad credit hurts insurance premiums – Your credit score will be a significant factor in determining what you pay. If your credit score is not that good, you could potentially save money when insuring your Cadillac ATS if you improve your credit rating. Drivers who have high credit scores tend to be more responsible and file fewer claims than those with worse credit.
- Gender as a rate factor – Over time, data shows that men are more aggressive behind the wheel. However, don’t assume that women are better drivers. Females and males cause fender benders at a similar rate, but the men tend to have higher claims. Men also statistically receive more major tickets like DWI (DUI) or reckless driving.
- Safety first – Vehicles with good safety scores get lower rates. The safest vehicles reduce injuries and lower rates of occupant injuries means lower claim amounts and more competitive rates for policyholders.
- Single drivers take more risk – Having a spouse may save some money on auto insurance. It generally demonstrates drivers are more stable financially and it’s statistically proven that married drivers tend to have fewer serious accidents.
- Prices impacted by your city – Being located in small towns and rural areas may provide you with better prices when insuring your vehicles. Less people means reduced accidents in addition to lower liability claims. Drivers in populated Minnesota areas regularly have more road rage incidents and longer commutes to work. Spending more time driving can result in more accidents.
- Pleasure use saves money – The more you drive your Cadillac in a year the higher the price you pay to insure it. Almost all companies charge to insure your cars partially by how you use the vehicle. Cars and trucks not used for work or commuting can get a lower rate than vehicles that are driven to work every day. It’s a good idea to make sure your declarations sheet is showing the correct usage. Incorrect rating for your ATS may be wasting your money.
Claims statistics for a Cadillac ATS – Insurers use data from past claims to help determine the price you pay. Models that the statistics show to have a trend towards higher claims will have a higher premium rate.
The table below demonstrates the actual insurance loss data for Cadillac ATS vehicles. For each policy coverage type, the loss probability for all vehicles as a whole equals 100. Numbers under 100 suggest a better than average loss history, while values over 100 point to more frequent losses or an increased likelihood of larger losses.
Insurance Loss Ratings for Cadillac ATS Vehicles Specific Cadillac Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury Cadillac ATS 4dr 2WD 121 97 103 107 96 90 Cadillac ATS 4dr 4WD 127 81 91 92 93 74BETTERAVERAGEWORSE
Data Source: Insurance Institute for Highway Safety for 2013-2015 Model Years
Insurance is unique, just like you
When choosing proper insurance coverage for your vehicles, there really is no one-size-fits-all type of policy. Your situation is unique.
For instance, these questions could help you determine whether or not you may require specific advice.
- What is an umbrella policy?
- Am I covered if hit by an uninsured driver?
- What is an adequate liability insurance limit?
- How can I force my company to pay a claim?
- Am I covered when driving someone else’s vehicle?
- Why do I need rental car insurance?
- Am I covered when using my vehicle for business?
- Is there coverage for injuries to my pets?
If you don’t know the answers to these questions, you might consider talking to a licensed insurance agent. If you don’t have a local agent, complete this form.
Compare rate quotes but buy from a local Minneapolis insurance agent
Many drivers would prefer to talk to a local agent and doing that can be a smart decision An additional benefit of comparing rates online is the fact that you can find cheaper premium rates but still work with a licensed agent. Supporting small agencies is still important in Minneapolis.
Upon completion of this short form, your insurance data is submitted to local insurance agents who will give competitive quotes for your business. There is no need to visit any agencies as quotes are delivered instantly to you. You can get cheaper car insurance rates without requiring a lot of work. If you need to get a comparison quote from a specific car insurance provider, you can always navigate to their website to submit a rate quote request.
Below is a short list of insurance companies in Minneapolis that are able to give price quotes for Cadillac ATS insurance in Minneapolis.
- Farmers Insurance – Matthew Nye
2104 Stevens Ave #309 – Minneapolis, MN 55404 – (612) 979-2330 – View Map
- Allstate Insurance: Mohamud Isse
331 E Lake St – Minneapolis, MN 55408 – (612) 353-6667 – View Map
- Seguros Amezcua Insurance Agency, Inc
6418 Bass Lake Rd #4 – Minneapolis, MN 55428 – (612) 465-0400 – View Map
- John Arens – State Farm Insurance Agent
3259 Johnson St NE – Minneapolis, MN 55418 – (612) 781-3454 – View Map
Choosing the best company should include more criteria than just the quoted price. A good agent in Minneapolis will have answers to these questions.
- Is coverage determined by price?
- How many years have they been established?
- Do they carry Errors and Omissions coverage?
- What companies can they write with?
- How much can you save by raising your physical damage deductibles?
- Does the company use OEM repair parts?
- What company holds the largest book of business for them?
Choosing the best vehicle insurance in Minnesota is an important decision
Even though it can be expensive, maintaining insurance is required in Minnesota but it also protects you in many ways.
First, just about all states have minimum liability requirements which means the state requires a specific level of liability in order to be legal. In Minnesota these limits are 30/60/10 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you have a lien on your car, it’s guaranteed your bank will make it mandatory that you have comprehensive coverage to protect their interest in the vehicle. If you let the policy lapse, the lender will be forced to insure your Cadillac at a much higher rate and force you to pay for the much more expensive policy.
Third, insurance safeguards both your assets and your Cadillac. Insurance will pay for all forms of medical expenses for not only you but also any passengers injured in an accident. Liability coverage will also pay for a defense attorney if someone files suit against you as the result of an accident. If damage is caused by hail or an accident, your policy will pay to have it repaired.
The benefits of buying enough insurance are definitely more than the cost, particularly when you have a large claim. According to a 2015 survey, the average American driver is wasting up to $855 a year so you should quote and compare rates at least once a year to ensure rates are competitive.
Persistence will pay off
We’ve covered a lot of techniques to reduce Cadillac ATS insurance prices online in Minneapolis. The key concept to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the biggest savings come from a small local company.
When you buy Minneapolis car insurance online, don’t be tempted to reduce coverage to reduce premium. Too many times, someone dropped collision coverage and learned later they didn’t have enough coverage. Your focus should be to buy a smart amount of coverage at a price you can afford.
Budget-conscious Cadillac ATS insurance can be sourced from both online companies and with local Minneapolis insurance agents, so you need to quote Minneapolis car insurance with both so you have a total pricing picture. Some companies may not offer internet price quotes and many times these smaller providers work with independent agents.
Steps to buying low-cost Cadillac ATS insurance in Minneapolis
If saving money is your primary concern, then the best way to find discount Cadillac ATS insurance in Minneapolis is to begin comparing prices regularly from insurance carriers who sell insurance in Minnesota.
First, read about the different coverages in a policy and the steps you can take to lower rates. Many factors that result in higher rates like at-fault accidents, speeding tickets, and a poor credit score can be improved by being financially responsible and driving safely.
Second, get rate quotes from direct carriers, independent agents, and exclusive agents. Exclusive agents and direct companies can give quotes from one company like GEICO or Allstate, while independent agents can quote rates for many different companies.
Third, compare the quotes to your current policy premium and see if you can save money. If you can save some money and decide to switch, make sure the effective date of the new policy is the same as the expiration date of the old one.
Fourth, provide notification to your current company of your intention to cancel your existing policy. Submit any necessary down payment along with the completed application for your new coverage. Once coverage is bound, place your new proof of insurance paperwork with your registration paperwork.
A good tip to remember is to try to use the same physical damage deductibles and liability limits on every price quote and and to get prices from every company you can. Doing this provides an apples-to-apples comparison and the best rate selection.
To read more, feel free to visit the following helpful articles:
- Auto Crash Statistics (Insurance Information Institute)
- Who Has the Cheapest Car Insurance Quotes for Inexperienced Drivers in Minneapolis? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Government Employees in Minneapolis? (FAQ)
- Who Has the Cheapest Minneapolis Car Insurance for State Employees? (FAQ)
- Who Has Cheap Minneapolis Car Insurance Quotes for First-time Drivers? (FAQ)
- Who Has Affordable Auto Insurance for Welfare Recipients in Minneapolis? (FAQ)
- How Much are Auto Insurance Rates for Nurses in Minneapolis? (FAQ)
- Who Has Affordable Minneapolis Auto Insurance Rates for Immigrants? (FAQ)
- Tread Depth and Tire Safety (State Farm)
- Think You’re a Safe Driver? (State Farm)
- No-Fault Auto Insurance Statistics (Insurance Information Institute)
- New Honda safety features benefit drivers of all ages (Insurance Institute for Highway Safety)