How to save on car insurance: 7 ways to lower your rate
Car insurance rates aren’t permanent. Here are 7 tips to lower your auto insurance.
June Sham is a former insurance writer for Bankrate. She aims to make insurance accessible to all readers and draws on her nearly three years of experience as a licensed producer for auto, property, umbrella and earthquake policies to help people understand their insurance needs. Prior to joining Bankrate, she worked at a public accounting firm specializing in project management. She graduated from UC Riverside with a degree in Creative Writing and often still misses the sunshine of southern California.
Car insurance rates aren’t permanent. Here are 7 tips to lower your auto insurance.
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Bankrate assessed premium data from Quadrant Information Services to determine the average annual auto insurance premiums by vehicle make and model. Before selecting the auto insurer for your Land Rover, consider the following average costs based on the Land Rover model you chose.
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The cost of car insurance, however, can vary greatly. If you go with your state's minimum liability coverage, for example, your premiums will be lower. Adding on coverage options like collision and comprehensive add dollars to your premium, but also include coverages that may save you money in the long run. Other factors include the make, model and age of your car — an expensive sports car, for example, may cost more to insure than a family sedan.
Since you most likely need auto insurance for your Cadillac, you might be wondering how much it costs or which company provides the cheapest coverage. First off, we can tell you that your Cadillac probably means paying more than the national average of $1,674 for a policy. In addition to pricing your policy based on things like your driving record and where you live, most insurance companies heavily consider your vehicle itself. And as a high-value car, Cadillacs usually mean pricier coverage.