Are you tired of overpaying and want cheaper insurance rates in Greensboro, NC? Greensboro shoppers have a choice when shopping for the best price on Cadillac SRX insurance. They can either spend hours calling around trying to get quotes or use the internet to find the lowest rates.
There is a better way to compare insurance rates and we’ll show you the proper way to get price quotes for your Cadillac and find the lowest price from Greensboro insurance agents and online providers.
Consumers need to do rate comparisons on a regular basis because prices are adjusted regularly by insurance companies. Just because you found the best deal on Cadillac SRX insurance in Greensboro a year ago a different company probably has better rate quotes today. Block out anything you think you know about insurance because it’s time to teach you the tricks you need to know to reduce your cost while increasing coverage.
Where can I get the cheapest Greensboro Cadillac SRX insurance?
The majority of larger companies give coverage price quotes from their websites. This process doesn’t take a lot of time as you simply type in the amount of coverage you want into the form. Once you submit the form, the quote system gets your credit score and driving record and returns a price based on the data you entered.
This simplifies rate comparisons, and it’s very important to get many rate quotes if you want to find the most affordable premium on car insurance.
To find out if lower rates are available, compare rates from the companies below. If you have a policy now, it’s recommended you enter deductibles and limits as close as possible to your current policy. Doing this assures you will be getting comparison quotes for the exact same coverage.
The following companies offer price quotes in Greensboro, NC. If you want the best car insurance in Greensboro, we recommend you visit two to three different companies to get the most competitive price.
Don’t overlook these Cadillac SRX insurance discounts
Companies offering auto insurance don’t always advertise all available discounts very well, so the list below details some of the more common as well as the least known discounts that you may qualify for.
- Discount for Life Insurance – If the company offers life insurance, you could get lower prices if you buy a life insurance policy as well.
- Fewer Miles Equal More Savings – Driving less may allow you to get cheaper car insurance rates.
- Discount for Home Ownership – Owning your own home or condo can save a few bucks because of the fact that having a home requires a higher level of personal finance.
- Distant Student Discount – Older children who live away from home to go to college and do not have a car may be able to be covered for less.
- Anti-lock Brake System – Vehicles with ABS braking systems or traction control can stop better under adverse conditions so you can save 10 percent or more.
- Theft Deterrent Discount – Anti-theft and alarm system equipped vehicles help deter theft and can earn a small discount on your policy.
It’s important to note that most discounts do not apply to all coverage premiums. Most only cut specific coverage prices like medical payments or collision. So even though they make it sound like having all the discounts means you get insurance for free, insurance companies wouldn’t stay in business.
The chart below shows the difference between Cadillac SRX car insurance rates with and without discounts applied to the rates. The information is based on a female driver, no driving violations, no at-fault accidents, North Carolina state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, claim-free, multi-policy, and multi-car discounts applied.
Companies that may offer policyholders most of the discounts above may include but are not limited to:
When getting a coverage quote, ask every company to give you their best rates. Depending on the company, some discounts might not be offered on policies in Greensboro. If you would like to view insurers offering car insurance discounts in Greensboro, click here.
Analysis of Cadillac SRX rates
The price information shown below outlines a range of insurance coverage prices for Cadillac SRX models. Learning as much as possible about how insurance rates are calculated can help drivers make smart choices when selecting a policy.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|SRX Luxury 2WD||$210||$432||$254||$16||$76||$988||$82|
|SRX Luxury AWD||$210||$432||$254||$16||$76||$988||$82|
|SRX Performance 2WD||$234||$432||$254||$16||$76||$1,012||$84|
|SRX Performance AWD||$234||$432||$254||$16||$76||$1,012||$84|
|SRX Premium 2WD||$234||$432||$254||$16||$76||$1,012||$84|
|SRX Premium AWD||$234||$432||$254||$16||$76||$1,012||$84|
|Get Your Own Custom Quote Go|
Data assumes married female driver age 30, no speeding tickets, no at-fault accidents, $250 deductibles, and North Carolina minimum liability limits. Discounts applied include safe-driver, homeowner, multi-vehicle, claim-free, and multi-policy. Rate quotes do not factor in vehicle garaging location which can alter prices substantially.
You may need advice from an insurance agent
Some consumers would rather have an agent’s advice and we recommend doing that Professional insurance agents will help you protect your assets and help submit paperwork. An additional benefit of comparing rate quotes online is that you can obtain cheap insurance rates and still have a local agent. And supporting local insurance agencies is important particularly in Greensboro.
For easy comparison, once you complete this quick form, your insurance data is instantly submitted to local insurance agents who want to provide quotes for your business. It simplifies rate comparisons since you won’t have to contact any agents because quoted prices will be sent to you. If for some reason you want to compare rates from a specific insurance company, you just need to find their quoting web page to submit a rate quote request.
Greensboro car insurance agents come in two flavors
If you prefer to buy insurance from an insurance agent, it’s important to understand the different agency structures that differ in how they can insure your vehicles. Insurance agents are either exclusive or independent agents depending on their company appointments. Either one can sell affordable insurance policies, but we need to point out how they are different because it can influence which type of agent you select.
Independent Agents (or Brokers)
These type of agents are normally appointed by many insurers and that allows them to write policies amongst many companies and get the cheapest rates. If your agent finds better pricing, they simply move the coverage in-house and you stay with the same agent. If you are comparing insurance prices, we recommend you get some free quotes from independent agents to get the most accurate price comparison. They often place coverage with small mutual carriers which can be an advantage.
Below are Greensboro independent insurance agencies that may be able to give you free price quotes.
- Nationwide Insurance: Samuel M Richberg
3512 Wendover Ave E b – Greensboro, NC 27405 – (336) 375-8600 – View Map
- Nationwide Insurance: John A Peterson Jr
1451 S Elm-Eugene St #2119 – Greensboro, NC 27406 – (336) 303-8992 – View Map
- Nationwide Insurance: Haywood Insurance Agency Inc
2211 W Meadowview Rd Ste 110 – Greensboro, NC 27407 – (336) 855-1234 – View Map
Exclusive Insurance Agencies
Agents that choose to be exclusive can only write with one company like Allstate, Farmers Insurance, State Farm, and AAA. Exclusive agents cannot compare rates from other companies so they have no alternatives for high prices. Exclusive agents are usually quite knowledgeable in insurance sales and that allows them to sell at a higher price point. Drivers often choose to use an exclusive agent mainly due to the brand rather than having the cheapest rates.
The following are exclusive agencies in Greensboro willing to provide rate quotes.
- Jim Goard – State Farm Insurance Agent
407 Parkway Ave c – Greensboro, NC 27401 – (336) 274-1918 – View Map
- GEICO Insurance Agent
4401 W Wendover Ave #103 – Greensboro, NC 27407 – (336) 852-7283 – View Map
- State Farm: Ashley Collins
w ste b 27403, 1610 W Friendly Ave – Greensboro, NC 27403 – (336) 274-7900 – View Map
Deciding on an auto insurance agent is decision based upon more than just a low price. The answers to these questions are important, too.
- By raising physical damage deductibles, how much would you save?
- Do they have any clout with companies to ensure a fair claim settlement?
- Does the agent have professional designations like CIC, CPCU or AIC?
- Are glass claims handled on-site or do you have to take your vehicle to a repair shop?
- Are aftermarket or OEM parts used to repair vehicles?
- What company holds the largest book of business for them?
- Does the agency support the community they serve?
Get More Affordable Insurance Rates by Understanding These Factors
Part of the insurance buying process is learning some of the elements that help determine insurance rates. If you understand what influences your rates, this enables informed choices that can help you get lower premium levels.
- Liability coverage – A critical coverage on your policy, liability insurance will afford coverage if you are responsible for an accident. Liability insurance provides you with a defense in court to attempt to prove you were not liable. Liability is cheap as compared to coverage for physical damage, so drivers should buy more than the minimum limits required by law.
- Increase deductibles and save – Insurance for physical damage to your car, also called ‘full coverage’, covers damage that occurs to your Cadillac. Some examples of claims that would be covered are collision with another vehicle, damage caused by hail, and windstorm damage. The deductibles you choose are the amount of money you are required to pay before your insurance pays a claim. The larger the amount you’re willing to pay, the less money you will pay for insurance.
Cheaper to insure women? – The statistics show women tend to be less risk to insure than men. Now that doesn’t mean females are better at driving than males. Females and males are responsible for fender benders in similar percentages, but men cause more damage. Men also statistically get ticketed for serious violations such as driving while intoxicated (DWI) or driving recklessly.
The diagram below illustrates the difference between Cadillac SRX yearly insurance costs for male and female drivers. The prices are based on no accidents or driving violations, full coverage, $250 deductibles, single status, and no discounts are taken into consideration.
Driving citations increase costs – Being a careful driver impacts premiums far more than you think. Having a single citation could increase your next policy renewal twenty percent or more. Good drivers tend to pay less for car insurance than bad drivers. Drivers unfortunate enough to have careless citations such as DUI or willful reckless driving may be required to file a proof of financial responsibility form (SR-22) to the state department of motor vehicles in order to prevent a license revocation.
The example below demonstrates how speeding tickets and fender-benders can influence Cadillac SRX insurance premiums for different age groups. Data assumes a single male driver, full coverage, $500 deductibles, and no other discounts are factored in.
Vehicle risk impacts costs – The performance of the vehicle you are buying insurance for makes a substantial difference in your auto insurance rates. The most favorable rates tend to be for lower cost passenger vehicles, but your final cost has many other factors.
The chart below assumes a married male driver age 50, full coverage with $250 deductibles, and no discounts or violations. It compares Cadillac SRX insurance premiums compared to other models of vehicles that have different risk factors.
Cadillac SRX insurance loss probability – Companies factor in historical loss data to help determine the price you pay. Models that historically have higher losses will have higher rates. The table below demonstrates the historical loss data for Cadillac SRX vehicles.
For each coverage type, the claim probability for all vehicles as a whole equals 100. Values below 100 represent a good loss history, while percentage values above 100 indicate a higher chance of having a claim or tendency to have larger claims.
Auto Insurance Loss Data for Cadillac SRX Models Specific Cadillac 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 83BETTERAVERAGEWORSE
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Car insurance just makes sense
Despite the high cost of buying insurance for a Cadillac SRX in Greensboro, insurance serves an important purpose.
First, just about all states have compulsory liability insurance requirements which means you are required to carry a minimum amount of liability protection in order to get the vehicle licensed. In North Carolina these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your Cadillac SRX has a lienholder, most lenders will stipulate that you have physical damage coverage to ensure the loan is repaid in case of a total loss. If you cancel or allow the policy to lapse, the lender may insure your Cadillac for a much higher rate and make you pay the higher premium.
Third, insurance safeguards both your assets and your car. It will also pay for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. Liability insurance, one of your policy coverages, will also pay attorney fees if you are sued as the result of an accident. If your vehicle suffers damage from an accident or hail, comprehensive (other-than-collision) and collision coverage will pay to repair the damage minus the deductible amount.
The benefits of buying enough insurance more than offset the price you pay, particularly for liability claims. According to a survey of 1,000 drivers, the average driver overpays as much as $869 every year so shop around each time the policy renews to make sure the price is not too high.
North Carolina auto insurance companies ranked
Selecting the right auto insurance provider can be challenging considering how many different companies insure vehicles in Greensboro. The rank data shown next could help you analyze which insurers to look at purchasing coverage from.
Top 10 Greensboro Car Insurance Companies Ranked by Customer Service
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Top 10 Greensboro Car Insurance Companies Ranked by Claims Service
- State Farm
- Liberty Mutual
- American Family
- Titan Insurance
- AAA Insurance
Frequent quotes can save
The cheapest Cadillac SRX insurance in Greensboro can be found both online and also from your neighborhood Greensboro agents, so you need to quote Greensboro car insurance with both in order to have the best chance of saving money. Some auto insurance companies may not offer online price quotes and these smaller companies prefer to sell through independent insurance agencies.
Insureds who switch companies do it for many reasons like lack of trust in their agent, extreme rates for teen drivers, high rates after DUI convictions and not issuing a premium refund. It doesn’t matter why you want to switch finding the right auto insurance provider can be easier than you think.
You just learned many tips how you can lower your Cadillac SRX insurance car insurance rates in Greensboro. The key thing to remember is the more providers you compare, the higher the chance of saving money. You may even be surprised to find that the most savings is with a lesser-known regional company.
Steps to buying discount Cadillac SRX insurance in Greensboro
If you want to find the absolute lowest rates, then the best way to get discount Cadillac SRX insurance is to annually compare prices from providers in Greensboro. Price quotes can be compared by following these guidelines.
First, gain an understanding of auto insurance and the changes you can make to prevent rate increases. Many factors that drive up the price like at-fault accidents, careless driving, and a negative credit score can be eliminated by making minor changes in your lifestyle.
Second, compare price quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can give quotes from a single company like GEICO or State Farm, while independent agents can quote prices for many different companies.
Third, compare the quotes to the premium of your current policy and determine if there is any savings. If you can save some money and decide to switch, verify that coverage does not lapse between policies.
Fourth, give notification to your agent or company of your decision to cancel your current coverage. Submit payment along with a signed and completed policy application to your new insurance company. Don’t forget to place your new certificate of insurance with the vehicle registration.
The most important part of shopping around is to make sure you enter the same level of coverage on every quote and and to get rate quotes from as many car insurance companies as possible. Doing this guarantees a level playing field and a thorough selection of prices.
For more information, take a look at the following helpful articles:
- Speed and Speed Limit FAQ (iihs.org)
- Who Has Cheap Auto Insurance Quotes for Uber Drivers in Greensboro? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Felons in Greensboro? (FAQ)
- Who Has Affordable Auto Insurance Quotes for Ride Shares in Greensboro? (FAQ)
- Who Has the Cheapest Auto Insurance for High School Students in Greensboro? (FAQ)
- When is the Right Time to Switch Car Insurance Companies? (Allstate)
- Auto Insurance Basics (Insurance Information Institute)
- Older Drivers FAQ (iihs.org)