The recommended way to save money on Cadillac XLR insurance is to compare prices once a year from insurers in Kansas City.
First, try to learn about the coverage provided by your policy and the measures you can take to keep rates low. Many rating criteria that result in higher prices like at-fault accidents and a poor credit rating can be eliminated by making lifestyle changes or driving safer. This article provides instructions to get cheaper rates and get additional discounts that may have been overlooked.
Second, get rate quotes from exclusive agents, independent agents, and direct providers. Direct companies and exclusive agencies can only give prices from one company like GEICO or State Farm, while agents who are independent can provide price quotes for a wide range of companies.
Third, compare the new quotes to the price on your current policy to see if you can save by switching companies. If you find better rates and make a switch, make sure there is no lapse between the expiration of your current policy and the new one.
Fourth, notify your company or agent of your intention to cancel your current auto insurance policy and submit a down payment and signed policy application to the new company. Immediately put the new proof of insurance certificate in an easily accessible location in your vehicle.
The key aspect of shopping around is that you’ll want to make sure you compare identical coverages on each quote request and and to analyze as many companies as you can. Doing this guarantees a level playing field and a good representation of prices.
It’s easy to assume that insurance companies want to keep you from comparing prices. Drivers who compare rates annually are very likely to buy a different policy because there are good odds of finding a more affordable policy. A study showed that drivers who regularly shopped around saved over $3,450 over four years compared to other drivers who never shopped for cheaper rates.
If finding the cheapest rates on car insurance is your goal, knowing how to choose a company and compare auto insurance can help you succeed in finding affordable rates.
Why Your Insurance Costs might be higher
The best way to find cheaper insurance is to take a look at the different types of things that help determine your insurance rates. When consumers understand what determines base rates, this allows you to make educated decisions that could result in big savings. Multiple criteria are considered when pricing auto insurance. Some of the criteria are obvious like a motor vehicle report, although others are more obscure like where you live or your vehicle rating.
How many miles do you drive? – The higher the mileage driven in a year’s time the more you will pay for insurance. A lot of companies rate vehicles based on how the vehicle is used. Vehicles that do not get driven very much receive lower rates than those used for commuting. A policy that improperly rates your XLR may be costing you. Ask your agent if your declarations sheet reflects annual mileage, because it can save money.
Vehicle features that cut rates – Selecting a car model that has an advanced theft prevention system can save you a little every year. Theft prevention devices like LoJack tracking devices, vehicle tamper alarm systems or GM’s OnStar system help track and prevent car theft.
Insurance policy lapses raise insurance rates – Having an insurance coverage lapse will be a fast way to trigger a rate increase. And not only will your rates increase, being ticketed for driving with no insurance could result in a hefty fine and possibly a revoked license. You could then be forced to submit proof of financial responsibility or a SR-22 with the Missouri motor vehicle department.
Qualify for multi-policy discounts – Most major insurers allow lower prices to insureds who have multiple policies with them in the form of a multi-policy discount. Discounts can amount to anywhere from five to ten percent in most cases. Even though this discount sounds good, consumers should still comparison shop to guarantee you are still saving the most.
Many insurance companies provide coverage price quotes online. Comparing prices online for Cadillac XLR insurance in Kansas City is easy for anyone as all you need to do is type in your required coverages into the quote form. Once entered, the company’s rating system makes automated requests for information on your driving record and credit history and quotes a price based on these and other factors. The ability to get online quotes for Cadillac XLR insurance in Kansas City makes comparing rates easy, and it is imperative to do this in order to find cheaper prices.
If you want to find out if lower rates are available, visit the companies below or click here to submit a quote request to multiple companies at once. If you have your current policy handy, we recommend you complete the form with your coverages exactly as they are listed on your policy. This makes sure you will be getting rate comparison quotes using the exact same coverages.
The companies shown below have been selected to offer free rate quotes in Missouri. To locate the cheapest car insurance in MO, it’s highly recommended you get rate quotes from several of them in order to find the cheapest rates.
Choosing XLR insurance is an important decision
Despite the high cost, insurance is required in Missouri but it also protects you in many ways.
- Just about all states have compulsory liability insurance requirements which means you are required to buy a minimum amount of liability protection if you want to drive legally. In Missouri these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
- If you bought your Cadillac XLR with a loan, it’s guaranteed your bank will have a requirement that you have insurance to ensure loan repayment if the vehicle is totaled. If you cancel or allow the policy to lapse, the lender may insure your Cadillac at a much higher rate and require you to reimburse them much more than you were paying before.
- Insurance safeguards both your assets and your Cadillac. It will also reimburse you for medical expenses for yourself as well as anyone injured by you. One policy coverage, liability insurance, also covers legal expenses if you cause an accident and are sued. If mother nature or an accident damages your car, your auto insurance policy will pay to repair the damage.
The benefits of having insurance more than offset the price you pay, specifically if you ever have a liability claim. On average, a vehicle owner in Kansas City is overpaying more than $865 each year so it’s important to compare rates every year to be sure current rates are still competitive.
Cheaper Cadillac XLR insurance in Kansas City
Companies that sell car insurance don’t necessarily list all discounts very well, so the following list contains a few of the more well known as well as the least known credits available to lower your premiums when you buy Kansas City car insurance online.
- Buy New and Save – Buying a new car model can save you some money because newer models keep occupants safer.
- Good Grades Discount – Getting good grades can get you a discount of up to 25%. You can use this discount normally until age 25.
- Driver Education Discount – Reduce the cost of insurance for teen drivers by having them take driver’s ed class as it will make them better drivers and lower rates.
- Safety Restraint Discount – Forcing all vehicle occupants to wear their seat belts can save up to 15% on the premium charged for medical payments and/or PIP.
- Life Insurance Discount – Select companies reward you with a discount if you purchase some life insurance too.
We need to note that most discount credits are not given to the overall cost of the policy. Most cut the price of certain insurance coverages like collision or personal injury protection. Despite the fact that it seems like you could get a free insurance policy, nobody gets a free ride. Any qualifying discounts should help lower your overall bill.
If you would like to choose from a list of providers who offer discounts in Missouri, click here to view.
Exclusive versus independent insurance agents
Many people prefer to go talk to an agent and that is just fine! One of the great benefits of getting online price quotes is you may find cheap rate quotes but still work with a licensed agent. And buying from neighborhood insurance agencies is important especially in Kansas City.
For easy comparison, once you complete this form (opens in new window), your insurance coverage information is emailed to companies in Kansas City who will return price quotes for your coverage. You won’t even need to find an agent since rate quotes are delivered instantly to you. Get lower rates AND a local agent. If you wish to quote rates from a specific insurance company, you would need to jump over to their website and fill out the quote form the provide.
Is an exclusive or independent auto insurance agent right for you?
If you’re trying to find a good Kansas City insurance agent, you need to know there are two types of insurance agents and how they differ in how they can insure your vehicles. Agents in Kansas City are categorized either independent agents or exclusive agents depending on their employer.
Independent Insurance Agents (or Brokers)
Independent agencies are not locked into one company so they can write business through many different insurance companies and find you cheaper rates. To move your coverage to a new company, your agent can switch companies and you don’t have to switch agencies. If you need lower rates, we recommend you get some free quotes from several independent agencies for maximum quote selection.
Featured below is a partial list of independent insurance agencies in Kansas City who can help you get price quotes.
Chris Jones Insurance Agency
435 Nichols Rd #200 Kansas City, MO 64112 – Kansas City, MO 64112 – (816) 479-0212 – View Map
These type of agents can usually just insure with one company and some examples include State Farm or Allstate. They are unable to give you multiple price quotes so always compare other rates. These agents are usually well trained on their products and sales techniques which helps offset the inability to provide other markets.
Listed below are Kansas City exclusive agencies willing to provide rate quotes.
American Family Insurance – Robert Redmond Agency Inc.
6315 Brookside Plaza #104 – Kansas City, MO 64113 – (816) 361-8600 – View Map
Finding a good insurance agency is decision based upon more than just a low price. Some important questions to ask are:
- Do they have advanced training designations such as CPCU, AAI, AIC, or CIC?
- Which insurance company do they prefer to write with?
- Can you choose the body shop in case repairs are needed?
- Can you get a list of referrals?
- Are all drivers listed on the coverage quote?
- Does the agency have a positive business rating?
- What discounts might you be missing?
Compare but don’t skimp
We just presented many ideas to get a better price on Cadillac XLR insurance in Kansas City. The most important thing to understand is the more times you quote, the better your comparison will be. You may even find the lowest priced car insurance comes from a lesser-known regional company. These companies can often provide lower rates in certain areas than their larger competitors like Allstate and Progressive.
Cost effective Cadillac XLR insurance can be bought from both online companies in addition to many Kansas City insurance agents, and you should compare price quotes from both to get a complete price analysis. A few companies may not have online quoting and most of the time these regional carriers only sell through independent insurance agents.
When buying insurance coverage, it’s not a good idea to skimp on critical coverages to save a buck or two. In too many instances, drivers have reduced uninsured motorist or liability limits and discovered at claim time that saving that couple of dollars actually costed them tens of thousands. The ultimate goal is to purchase plenty of coverage at the best possible price, but don’t skip important coverages to save money.
- What does Personal Injury Protection (PIP) Cover? (Allstate)
- Who Has Cheap Auto Insurance for Retired Military in Kansas City? (FAQ)
- What Insurance is Cheapest for Drivers with a Bad Driving Record in Kansas City? (FAQ)
- Auto Insurance 101 (About.com)
- Information for Teen Drivers (GEICO)
- Things to Know Before you Cancel Insurance (Allstate)
- Top Signs Your Brakes are Giving Out (State Farm)