It’s amazing but most drivers in Kentucky have bought car insurance from the same company for four years or more, and practically 40% of car insurance customers have never compared rates to find affordable insurance. Many consumers in the United States could cut their rates by roughly $860 a year just by getting comparison quotes, but most undervalue the rate savings if they moved their coverage to a different company.
The most effective way to get more affordable Cadillac Escalade ESV insurance is to regularly compare price quotes from insurance carriers in Lexington.
First, try to understand what is in your policy and the changes you can make to prevent expensive coverage. Many risk factors that are responsible for high rates such as tickets, at-fault accidents, and bad credit can be eliminated by paying attention to minor details. This article gives additional ideas to help prevent costly coverage and find overlooked discounts.
Second, request rate estimates from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from one company like Progressive and State Farm, while agents who are independent can provide rate quotes from multiple companies.
Third, compare the new rates to the price on your current policy to see if cheaper Escalade ESV coverage is available in Lexington. If you can save money, ensure coverage does not lapse between policies.
Fourth, provide notification to your current company of your intention to cancel your current auto insurance policy. Submit the required down payment along with the signed application to the new insurer. As soon as you can, place your new proof of insurance certificate in an easily accessible location in your vehicle.
An essential thing to point out is to compare similar limits and deductibles on every quote request and and to get prices from as many car insurance companies as possible. Doing this guarantees an accurate price comparison and the best price quote selection.
Best companies for Cadillac Escalade ESV insurance
The providers in the list below offer price quotes in Kentucky. If your goal is to find cheap auto insurance in Kentucky, it’s highly recommended you visit as many as you can to get a more complete price comparison.
Insurance coverage analysis
The premium information displayed next showcases a range of policy rates for Cadillac Escalade ESV models. Having knowledge of how insurance prices are established is important for you to make informed decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade ESV 2WD | $302 | $456 | $334 | $20 | $100 | $1,212 | $101 |
| Escalade ESV 4WD | $302 | $456 | $334 | $20 | $100 | $1,212 | $101 |
| Escalade ESV Luxury Edition 2WD | $302 | $456 | $334 | $20 | $100 | $1,212 | $101 |
| Escalade ESV Premium Edition 2WD | $302 | $456 | $334 | $20 | $100 | $1,212 | $101 |
| Escalade ESV Luxury Edition 4WD | $302 | $456 | $334 | $20 | $100 | $1,212 | $101 |
| Escalade ESV Premium Edition 4WD | $326 | $516 | $334 | $20 | $100 | $1,296 | $108 |
| Escalade ESV Platinum Edition 2WD | $326 | $516 | $334 | $20 | $100 | $1,296 | $108 |
| Escalade ESV Platinum Edition 4WD | $326 | $516 | $334 | $20 | $100 | $1,296 | $108 |
| Get Your Own Custom Quote Go | |||||||
Table data represents married female driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Kentucky minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific Lexington garaging location which can impact premium rates greatly.
The illustration below shows how choosing a deductible and can impact Cadillac Escalade ESV insurance rates for each age group. The rate quotes are based on a single male driver, comp and collision included, and no discounts are factored in.
Tickets and at-fault accidents raise rates
The diagram below demonstrates how traffic citations and accident claims drive up Cadillac Escalade ESV insurance costs for different age categories. The premium estimates are based on a single female driver, full physical damage coverage, $1,000 deductibles, and no discounts are taken into consideration.
Affordable rates on Cadillac Escalade ESV insurance in Lexington with these insurance discounts
Companies offering auto insurance do not advertise the entire discount list very clearly, so the following list contains both the well known as well as the least known credits available to lower your premiums when you buy Lexington car insurance online.
- Good Drivers – Drivers who avoid accidents could pay up to 40% less than drivers with accidents.
- Sign Early and Save – A few larger companies give discounts for switching to them prior to the expiration date on your current Escalade ESV insurance policy. It could save around 10% when you buy Lexington car insurance online.
- Government Employees – Active or former government employment can earn a discount up to 10% with certain companies.
- Good Students Pay Less – A discount for being a good student can earn a discount of 20% or more. You can use this discount normally up until you turn 25.
- Discount for Home Ownership – Simply owning a home can help you save on insurance because maintaining a house is proof of financial responsibility.
- Passive Restraints and Air Bags – Vehicles equipped with air bags or automatic seat belts can receive discounts of 20 to 30 percent.
Discounts lower rates, but some credits don’t apply to all coverage premiums. Most only reduce the cost of specific coverages such as physical damage coverage or medical payments. So despite the fact that it appears all the discounts add up to a free policy, company stockholders wouldn’t be very happy.
The chart below illustrates the difference between Cadillac Escalade ESV insurance prices with and without discounts applied to the policy rates. The premium estimates are based on a female driver, no tickets, no at-fault accidents, Kentucky state minimum liability limits, full coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, claim-free, homeowner, multi-car, marriage, and multi-policy discounts applied.
Insurance companies who may offer some of the discounts shown above include:
When getting free Lexington car insurance quotes, it’s a good idea to every company which credits you are entitled to. A few discounts may not apply to policyholders everywhere.
Car insurance is available from agents near you
Certain consumers still prefer to have an agent’s advice and often times that is recommended Licensed agents are very good at helping people manage risk and help submit paperwork. The biggest benefit of comparing rates online is that drivers can save money and get better rates but also keep your business local.
To find an agent, once you fill out this simple form, the quote information gets sent to agents in your area that give free quotes for your insurance coverage. You never need to find an agent because prices are sent to you. If you need to compare rates from a specific company, you just need to jump over to their website and submit a quote form there.
Picking the best insurance company is decision based upon more than just a low price. These are some questions your agent should answer.
- How long have they been in business?
- Are there any discounts that you might be missing?
- Do they specialize in personal lines auto insurance in Lexington?
- Is every driver in your family covered?
- What are their preferred companies if they are an independent agency?
- Will you be dealing directly with the agent or with a Custom Service Representative (CSR)?
- Is insurance their full-time profession?
If you are wanting to find a reliable insurance agency, there are a couple of different types of agencies to choose from. Agents in Lexington can be described as either exclusive or independent (non-exclusive). Either can write policy coverage, but it is important to understand the difference in the companies they write for since it may influence which agent you choose.
Exclusive Insurance Agencies
These agents can only provide one company’s prices such as Allstate and State Farm. They usually cannot provide prices from multiple companies so always compare other rates. Exclusive agents are very knowledgeable on their company’s products which helps them sell on service rather than price.
Shown below is a short list of exclusive agencies in Lexington willing to provide price quotes.
Kentucky Farm Bureau Insurance Fayette County – Versailles Rd
1316 Versailles Rd – Lexington, KY 40504 – (859) 253-1626 – View Map
Dwight McCarty – State Farm Insurance Agent
3620 Walden Dr #211 – Lexington, KY 40517 – (859) 971-0266 – View Map
State Farm – Bob Pitman
851 Corporate Dr Ste 200 – Lexington, KY 40503 – (859) 223-1191 – View Map
Independent Agencies or Brokers
Agents in the independent channel often have many company appointments and that enables them to quote your coverage with an assortment of companies and get you the best rates possible. If they find a cheaper price, they simply switch companies in-house without you having to go to a different agency.
If you are comparing car insurance prices, you definitely need to include price quotes from several independent agencies so that you have a good selection of quotes to compare.
Listed below is a short list of independent agents in Lexington who can help you get price quotes.
Neely Taylor-Wade Insurance
133 Walton Ave – Lexington, KY 40508 – (859) 233-7855 – View Map
Carpenter-Warren Insurance Inc
271 W Short St # 304 – Lexington, KY 40507 – (859) 252-6691 – View Map
G.L. Herndon Insurance Agency
2220 Executive Dr #203 – Lexington, KY 40505 – (859) 286-7094 – View Map
After you get answers to your satisfaction to your questions and the cheapest Cadillac Escalade ESV insurance in Lexington quotes, chances are good that you have found an auto insurance agent that can adequately provide car insurance. Just understand that it’s your coverage and you can terminate coverage at any point so don’t think that you’re stuck with the car insurance policy with no way to switch.
Best auto insurance company in Kentucky
Finding a high-quality company can be a challenge considering how many different companies sell coverage in Kentucky. The ranking information shown next could help you pick which auto insurers you want to consider when comparing rate quotes.
Top 10 Lexington Car Insurance Companies Overall
- Travelers
- USAA
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
- American Family
In the end, you can save money
We’ve covered quite a bit of information on how to shop for Cadillac Escalade ESV insurance online. The most important thing to understand is the more quotes you get, the better your comparison will be. Drivers may even discover the lowest premium rates come from some of the lesser-known companies. These companies may only write in your state and offer lower prices than their larger competitors like Allstate, GEICO and Progressive.
When trying to cut insurance costs, it’s not a good idea to buy poor coverage just to save money. There have been many situations where an insured cut uninsured motorist or liability limits only to find out that a couple dollars of savings turned into a financial nightmare. The proper strategy is to buy a smart amount of coverage at the best price while not skimping on critical coverages.
Additional auto insurance information can be found below:
- How to Avoid Common Accidents (State Farm)
- Who Has Affordable Auto Insurance for College Graduates in Lexington? (FAQ)
- How Much are Auto Insurance Rates for Drivers with Bad Credit in Lexington? (FAQ)
- Who Has Cheap Lexington Car Insurance for Seniors? (FAQ)
- How Much is Auto Insurance for 16 Year Olds in Lexington? (FAQ)
- Can I Drive Legally without Insurance? (Insurance Information Institute)
- Anti-Lock Brake FAQ (iihs.org)
- Eight Auto Insurance Myths (Insurance Information Institute)
- Young Drivers: The High Risk Years Video (iihs.org)