Affordable Cadillac SRX Insurance in Riverside

Unthinkable but true, over 70% of consumers kept their coverage with the same insurance company for at least four years, and nearly half have never quoted rates to find cheap coverage. Riverside drivers could pocket about $500 a year by just comparing quotes, but they just assume it takes a lot of time to save money by comparing rate quotes.

The most effective way to find cheaper quotes for auto insurance rates is to do a yearly price comparison from insurers in Riverside. This can be done by following these steps.

First, learn about policy coverages and the modifications you can make to prevent rate increases. Many factors that result in higher rates such as distracted driving and an imperfect credit score can be eliminated by making minor driving habit or lifestyle changes.

Second, compare price quotes from direct, independent, and exclusive agents. Direct and exclusive agents can only give rate quotes from one company like Progressive or Allstate, while agents who are independent can provide price quotes from multiple sources.

Third, compare the new rates to your existing rates and determine if there is any savings. If you can save money and change companies, make sure coverage is continuous and does not lapse.

A good tip to remember is to make sure you’re comparing the same coverage limits and deductibles on each quote request and and to get rate quotes from as many auto insurance providers as possible. This enables the most accurate price comparison and a complete selection of prices.

If you already have coverage or need new coverage, you can use these tips to get lower rates while maintaining coverages. This information will teach you a little about how car insurance works and some tips to save money. Comparison shoppers just have to understand the proper way to buy auto insurance from many companies at once.

Riverside Insurance Premiums are Influenced by These Factors

The best way to find cheaper insurance is to take a look at the different types of things that come into play when calculating insurance rates. If you have some idea of what influences your rates, this allows you to make educated decisions that may result in better insurance rates.

The itemized list below are some of the most common factors insurance companies consider when setting your rate level.

• Car and home together may be cheaper – Most larger companies give discounts to policyholders that have more than one policy. It’s known as a multi-policy discount. The discount can be ten or even fifteen percent. Even if you qualify for this discount already, you still need to compare other company rates to confirm you are receiving the best rates possible.
• Get better rates if married – Getting married helps lower the price on insurance. Having a significant other may mean you are more stable financially it has been statistically shown that drivers who are married file infrequent claims.
• Drivers with excellent credit save – An insured’s credit score can be an important factor in your rate calculation. If your credit rating can be improved, you could pay less to insure your Cadillac SRX by spending a little time repairing your credit. Drivers who have high credit scores tend to be less risk to insure as compared to drivers with worse credit.

• Gender and auto insurance prices – Over the last 30 years, statistics show women are more cautious behind the wheel. The data does not necessarily mean that women are BETTER drivers than men. Both genders get in auto accidents in similar percentages, but guys cause more damage. They also get ticketed for serious violations like DUI and reckless driving.

  The chart below shows the difference between Cadillac SRX annual premium costs for male and female drivers. The rate quotes are based on no claims or driving violations, comprehensive and collision coverage, $500 deductibles, single status, and no discounts are taken into consideration.

• Rental and towing coverage may not be needed – Insurance companies have many extra coverages you can purchase but may not be useful. Add-on coverages like replacement cost coverage, towing, and membership fees could be just wasting money. The coverages may be enticing when deciding what coverages you need, but now you might not need them so get rid of them and save.
• The more you drive the more you pay – Driving a lot of miles in a year’s time the more you’ll pay to insure your vehicle. A lot of companies calculate rates based on how the vehicle is used. Vehicles that sit idle most of the time qualify for better rates than vehicles that are driven to work every day. Improper usage on your SRX is throwing money out the window. It’s a good idea to make sure your insurance coverage is rated on the correct usage for each vehicle, because improper ratings can cost you money.

• Insurance loss data for a Cadillac SRX – Companies take into consideration historical loss data for every vehicle when setting rates for each model. Vehicles that have higher claim frequency or loss amount will cost more to insure.

  The table shown below demonstrates the compiled insurance loss statistics for Cadillac SRX vehicles. For each coverage category, the claim amount for all vehicles averaged together is equal to 100. Percentage numbers below 100 represent a good loss history, while percentages above 100 indicate more frequent losses or a tendency for losses to be larger than average.

  
  

  Cadillac SRX Insurance Loss Statistics

  Make and Model	Collision	Property Damage	Comp	Personal Injury	Medical Payment	Bodily Injury
  Cadillac SRX 4dr 2WD	103	101	84	80	82	91
  Cadillac SRX 4dr 4WD	109	106	103	78	75	83

  BETTER

  AVERAGE

  WORSE

  Statistics from IIHS.org for 2013-2015 Model Years

Finding Cadillac SRX insurance in Riverside, California

The following companies are ready to provide free rate quotes in Riverside, CA. If multiple companies are shown, we suggest you visit two to three different companies to get the lowest price.

Cadillac SRX insurance coverage information

The premium information shown below covers estimates of insurance rates for Cadillac SRX models. Being aware of how insurance policy premiums are formulated can be valuable when making smart choices when selecting a coverage provider.

Price data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $100 deductibles, and California minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Prices do not factor in specific garaging location which can revise premiums considerably.

Physical damage deductible comparison

One common question asked by Riverside drivers is at what level do you set your deductibles. The comparison tables below can help you visualize the rate fluctuation of buying low and high physical damage coverage deductibles. The first table uses a $100 physical damage coverage deductible and the second data table uses a $500 deductible.

Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and California minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Information does not factor in garaging location in Riverside which can influence premium rates noticeably.

Based on the above data, using a $100 deductible costs approximately $37 more each month or $444 each year across all Cadillac SRX models than choosing the higher $500 deductible. Because you would pay $400 more out-of-pocket with a $500 deductible as compared to a $100 deductible, if you usually have at a minimum 11 months between claim filings, you would save money going with the higher deductible.

How accidents and violations affect rates

The diagram below illustrates how traffic citations and at-fault fender-benders can affect Cadillac SRX insurance premiums for different age groups. The rates are based on a single female driver, full physical damage coverage, $500 deductibles, and no other discounts are factored in.

Full coverage versus liability-only

The illustration below illustrates the difference between Cadillac SRX auto insurance rates with and without full coverage. The rates are based on no violations or claims, $250 deductibles, marital status is single, and no other discounts are factored in.

When to eliminate full coverage

There isn’t a steadfast formula of when to exclude physical damage insurance, but there is a general guideline. If the yearly cost of full coverage is 10% or more of the replacement cost minus the deductible, then it could be time to drop full coverage.

For example, let’s pretend your Cadillac SRX book value is $6,000 and you have $1,000 deductibles. If your vehicle is totaled, the most your company would pay you is $5,000 after paying the physical damage deductible. If it’s costing in excess of $500 annually for your policy with full coverage, then it’s probably a good time to buy liability coverage only.

There are some circumstances where removing full coverage is not a good idea. If you still have a lienholder on your title, you have to maintain full coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you cannot afford to purchase a different vehicle in the even your car is totaled, you should not consider dropping full coverage.

Buying the right Cadillac vehicle insurance in California is an important decision

Even though Riverside SRX insurance rates can get expensive, insuring your vehicle serves a purpose in several ways.

• Most states have mandatory liability insurance requirements which means state laws require a minimum amount of liability protection if you don’t want to risk a ticket. In California these limits are 15/30/5 which means you must have $15,000 of bodily injury coverage per person, $30,000 of bodily injury coverage per accident, and $5,000 of property damage coverage.
• If your vehicle has a loan, almost every bank will make it mandatory that you buy insurance to ensure loan repayment if the vehicle is totaled. If you let the policy lapse, the bank may buy a policy for your Cadillac at a more expensive rate and force you to pay for the much more expensive policy.
• Insurance protects not only your Cadillac but also your financial assets. It will also cover medical transport and hospital expenses for not only you but also any passengers injured in an accident. Liability insurance also pays for attorney fees and expenses if you are sued as the result of your driving. If you receive damage to your vehicle caused by a storm or accident, comprehensive and collision coverage will cover the repair costs.

The benefits of carrying enough insurance greatly outweigh the cost, particularly for liability claims. An average driver in America is overpaying over $700 annually so we recommend shopping around each time the policy renews to save money.

Don’t overlook these Cadillac SRX insurance discounts

Some insurers don’t always advertise all discounts in an easy-to-find place, so we took the time to find some of the best known as well as the least known auto insurance savings.

• Active Military Service – Being on active duty in the military could be rewarded with lower auto insurance rates.
• Anti-lock Brakes – Cars and trucks with ABS braking systems or traction control can avoid accidents and the ABS can save up to 10%.
• Defensive Driver – Passing a driver safety course may get you a small discount if you qualify.
• Good Grades Discount – Performing well in school can be rewarded with saving of up to 25%. The discount lasts well after school through age 25.
• Telematics Data Discounts – Drivers who elect to allow their company to study vehicle usage through the use of a telematics system such as Allstate’s Drivewise and State Farm’s In-Drive system could save a few bucks if their driving habits are good.

Policy discounts save money, but most discounts do not apply to all coverage premiums. Most only cut the price of certain insurance coverages like physical damage coverage or medical payments. So when it seems like adding up those discounts means a free policy, companies wouldn’t make money that way.

The diagram below shows the comparison of Cadillac SRX insurance costs with and without discounts applied to the rates. The information is based on a female driver, no violations or accidents, California state minimum liability limits, comprehensive and collision coverage, and $250 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, claim-free, and multi-policy discounts applied.

Larger auto insurance companies and the discounts they provide are included below.

• State Farm may offer discounts for student away at school, multiple autos, good driver, passive restraint, and Steer Clear safe driver discount.
• GEICO offers premium reductions for good student, multi-vehicle, defensive driver, five-year accident-free, military active duty, federal employee, and daytime running lights.
• SAFECO may have discounts that include safe driver, drive less, bundle discounts, multi-car, anti-lock brakes, and teen safe driver.
• Farmers Insurance has savings for multi-car, business and professional, pay in full, switch companies, mature driver, homeowner, and distant student.
• AAA policyholders can earn discounts including anti-theft, multi-car, good student, AAA membership discount, and pay-in-full.
• USAA offers discounts for safe driver, defensive driver, family discount, annual mileage, multi-policy, and multi-vehicle.

If you want inexpensive Riverside car insurance quotes, ask each company which discounts can lower your rates. A few discounts might not be offered in Riverside.

Comparing rates from local Riverside car insurance agents

Certain consumers still like to go talk to an agent and that is a smart decision Most agents can help you build your policy and help file insurance claims. One of the best bonuses of price shopping on the web is you may find lower rates and also buy local.

To help locate an agent, after submitting this form (opens in new window), your insurance coverage information is sent to local insurance agents in Riverside who can give free rate quotes to get your business. There is no reason to leave your computer since price quotes are sent to the email address you provide. If you have a need to quote rates from a particular provider, just navigate to their website and give them your coverage information.

Choosing an insurance company requires more thought than just the quoted price. The questions below may impact your decision as well.

• If independent agents, which companies do they recommend?
• Is vehicle damage repaired with OEM or aftermarket parts?
• Are you getting all the discounts the company offers?
• Is there any savings for paying the full premium?
• If your car is totaled, how to they determine the replacement cost?
• How much experience to they have in personal lines coverages?

Exclusive agents vs. Independent agents

If you want a local Riverside insurance agent, there are two different agency structures to choose from. Agencies in Riverside can be categorized as either exclusive or independent. Both can sell insurance policies, but it’s worth learning the difference in the companies they write for because it can influence the type of agent you choose.

Exclusive Agents

Agents that choose to be exclusive can only provide one company’s prices and examples are Farmers Insurance, Allstate, or State Farm. They usually cannot place coverage with different providers so keep that in mind. Exclusive agents are usually quite knowledgeable on sales techniques and that enables them to sell even at higher rates. Drivers often buy insurance from these agents partially due to the brand and the convenience of having all coverages with one company.

The following are exclusive insurance agencies in Riverside that are able to give price quotes.

• Allstate Insurance: Rose Smith
  4270 Riverwalk Pkwy #110 – Riverside, CA 92505 – (951) 549-3900 – View Map
• Maria Abrigo – State Farm Insurance Agent
  7000 Indiana Ave #113 – Riverside, CA 92506 – (951) 782-8450 – View Map
• Troy Manning – State Farm Insurance Agent
  4955 Felspar St j – Riverside, CA 92509 – (951) 360-9921 – View Map

View more agents

Independent Insurance Agents

Independent agents are normally appointed by many insurers and that gives them the ability to insure through lots of different companies and find the cheapest insurance rates. If premiums increase, they simply switch companies in-house and you can keep the same agent. When comparing rates, we recommend you get several quotes from several independent agencies to get the most accurate price comparison. Most have the option of insuring with additional companies that you may not be familiar with which can save you money.

Listed below are Riverside independent agencies who can help you get rate quotes.

• Atchley and Associates Insurance Services
  7891 Mission Grove Pkwy S – Riverside, CA 92508 – (951) 275-0340 – View Map
• Insurance Incorporated
  6809 Indiana Ave – Riverside, CA 92506 – (877) 898-9333 – View Map
• Joseph Insurance Services
  3694 Sunnyside Dr – Riverside, CA 92506 – (951) 683-0777 – View Map

View more agents

After receiving acceptable answers to any questions you may have and an acceptable price quote, you’ve probably found an insurance agency that is a good match to adequately provide insurance.

California car insurance companies ranked

Insuring your vehicle with a good quality car insurance company is difficult considering how many different insurance companies sell coverage in Riverside. The company ratings in the lists below may help you select which car insurance companies to look at when looking for cheaper rates.

Top 10 Riverside Car Insurance Companies by A.M. Best Rank

1. USAA – A++
2. Travelers – A++
3. State Farm – A++
4. GEICO – A++
5. Esurance – A+
6. Nationwide – A+
7. Allstate – A+
8. Mercury Insurance – A+
9. Progressive – A+
10. Titan Insurance – A+

More quotes mean more auto insurance savings

When searching for affordable Cadillac SRX insurance quotes, it’s a bad idea to skimp on coverage in order to save money. There have been many situations where someone dropped liability coverage limits to discover at claim time that the savings was not a smart move. Your goal is to find the BEST coverage at the best cost but still have enough coverage for asset protection.

Some insurance providers may not offer rates over the internet and many times these regional carriers prefer to sell through local independent agencies. Budget-friendly auto insurance in Riverside can be purchased on the web as well as from insurance agents, and you should be comparing both to get a complete price analysis.

Drivers leave their current company for any number of reasons including lack of trust in their agent, policy cancellation, unfair underwriting practices and delays in responding to claim requests. Whatever your reason, choosing a new insurance company is easier than you think.

Additional auto insurance information is located at the links below

• Car Insurance: When not to Skimp (BankRate.com)
• How Much is Auto Insurance for 4×4 Vehicles in Riverside? (FAQ)
• Who Has Cheap Riverside Auto Insurance for High Mileage Drivers? (FAQ)
• Safety Features for Your New Car (State Farm)
• How Can I Save Money on Auto Insurance? (Insurance Information Institute)