Affordable Cadillac Escalade Insurance in Tulsa

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Insurance for Cadillac EscaladeAmazingly, over 70% of drivers renewed their policy with the same company for more than four years, and almost half have never shopped around. Many drivers in Tulsa can save hundreds of dollars each year, but they just assume it takes a lot of time to compare other rate quotes.

The preferred way to find better pricing on car insurance rates in Tulsa is to do a yearly price comparison from insurance carriers who provide auto insurance in Oklahoma.

First, gain an understanding of how insurance companies determine prices and the steps you can take to keep rates low. Many factors that are responsible for high rates like distracted driving and a not-so-good credit rating can be amended by making lifestyle changes or driving safer. Continue reading for the details to help prevent expensive coverage and earn a bigger discount.

Second, compare prices from direct, independent, and exclusive agents. Direct companies and exclusive agencies can only give prices from a single company like Progressive or Farmers Insurance, while independent agents can provide prices from many different companies.

Third, compare the new quotes to your current policy to see if a cheaper price is available. If you find better rates, make sure coverage is continuous and does not lapse.

Fourth, notify your agent or company of your intent to cancel your current auto insurance policy. Submit the application along with any required down payment for your new coverage. When you receive it, keep your new certificate of insurance in a readily accessible location in your vehicle.

An essential thing to point out is to try to compare similar deductibles and liability limits on each price quote and and to get rates from every company you can. This provides an apples-to-apples comparison and a complete price analysis.

When price shopping your coverage, having more price comparisons helps locate more affordable insurance. Some smaller insurers do not give rate quotes online, so you need to compare quotes from those companies as well.

The auto insurance companies shown below provide price quotes in Oklahoma. In order to find cheaper auto insurance in Tulsa, OK, we suggest you visit several of them to get the best price comparison.

Take policy discounts and save on Cadillac Escalade insurance in Tulsa

Insuring your fleet can be pricey, but you might find some hidden discounts that could help you make your next renewal payment. Some of these discounts will be visible at the time you complete a quote, but some need to be requested specifically in order for you to get them.Save money with discounts

  • Anti-theft Discount - Anti-theft and alarm system equipped vehicles are stolen with less frequency and will save you 10% or more on Escalade insurance in Tulsa.
  • Low Mileage Discounts - Maintaining low annual mileage could earn lower rates on the low mileage vehicles.
  • Distant Student Discount - Youth drivers who attend college more than 100 miles from Tulsa and won't have access to an insured vehicle may be insured at a cheaper rate.
  • Full Payment Discount - If you pay your bill all at once instead of making monthly payments you may reduce your total bill.
  • Buy New and Save - Buying insurance on a new vehicle can save you some money due to better safety requirements for newer models.
  • Defensive Driver - Taking a defensive driver class could save 5% or more and make you a better driver.
  • Discounts for Federal Employees - Employees or retirees of the government could provide a small rate reduction depending on your insurance provider.
  • Anti-lock Brake Discount - Cars, trucks, and SUVs equipped with ABS or steering control are safer to drive and earn discounts up to 10%.

Discounts reduce rates, but you should keep in mind that most of the big mark downs will not be given to the entire cost. Some only reduce individual premiums such as physical damage coverage or medical payments. Despite the fact that it seems like adding up those discounts means a free policy, insurance companies aren't that generous. But any discount will definitely lower your overall bill.

The example below illustrates the comparison of Cadillac Escalade yearly insurance costs with and without discounts being applied to the rates. Data assumes a male driver, no tickets, no at-fault accidents, Oklahoma state minimum liability limits, full physical damage coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, multi-car, homeowner, marriage, claim-free, and multi-policy discounts applied.

A list of companies and a summarized list of policyholder discounts are detailed below.

  • Progressive may offer discounts for online signing, good student, continuous coverage, homeowner, online quote discount, and multi-vehicle.
  • SAFECO may have discounts that include drive less, accident prevention training, teen safe driver, multi-car, and bundle discounts.
  • American Family offers discounts for mySafetyValet, TimeAway discount, Steer into Savings, multi-vehicle, and early bird.
  • MetLife policyholders can earn discounts including claim-free, accident-free, good driver, defensive driver, multi-policy, and good student.
  • GEICO offers discounts including seat belt use, anti-lock brakes, good student, air bags, daytime running lights, driver training, and multi-vehicle.
  • The Hartford has savings for good student, anti-theft, defensive driver, bundle, vehicle fuel type, air bag, and driver training.

Before purchasing a policy, check with each company which credits you are entitled to. Some of the earlier mentioned discounts may not apply to policies in your area. To choose insurance companies with the best discounts in Tulsa, click here to view.

Analysis of coverages

The table displayed below highlights different insurance coverage prices for Cadillac Escalade models. Understanding more about how car insurance prices are established can be useful when making informed decisions when shopping around for a new policy.

Cadillac Escalade Insurance Rates in Tulsa, OK
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade 2WD $296 $498 $560 $34 $168 $1,556 $130
Escalade Luxury Edition 2WD $296 $498 $560 $34 $168 $1,556 $130
Escalade 4WD $296 $498 $560 $34 $168 $1,556 $130
Escalade Premium Edition 4WD $324 $498 $560 $34 $168 $1,584 $132
Escalade Luxury Edition 4WD $324 $498 $560 $34 $168 $1,584 $132
Escalade Premium Edition 2WD $324 $498 $560 $34 $168 $1,584 $132
Escalade Hybrid 2WD $324 $630 $506 $30 $152 $1,642 $137
Escalade Hybrid 4WD $324 $630 $506 $30 $152 $1,642 $137
Escalade Platinum Edition 2WD $324 $564 $560 $34 $168 $1,650 $138
Escalade Platinum Edition 4WD $324 $564 $560 $34 $168 $1,650 $138
Escalade Hybrid Platinum 2WD $352 $694 $506 $30 $152 $1,734 $145
Escalade Hybrid Platinum 4WD $352 $694 $506 $30 $152 $1,734 $145
Get Your Own Custom Quote Go

Cost estimates assume married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Oklahoma minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, multi-vehicle, and claim-free. Table data does not factor in your specific Tulsa location which can change price quotes noticeably.

Higher deductibles lower rates

When shopping for insurance, a common question is where should you set your physical damage deductibles. The rates below help summarize the differences in premium rates between low and high policy deductibles. The first rate quote example uses a $100 deductible for physical damage and the second data table uses a $500 deductible.

Cadillac Escalade insurance with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade 2WD $536 $946 $560 $34 $168 $2,269 $189
Escalade Luxury Edition 2WD $536 $946 $560 $34 $168 $2,269 $189
Escalade 4WD $536 $946 $560 $34 $168 $2,269 $189
Escalade Premium Edition 4WD $584 $946 $560 $34 $168 $2,317 $193
Escalade Luxury Edition 4WD $584 $946 $560 $34 $168 $2,317 $193
Escalade Premium Edition 2WD $584 $946 $560 $34 $168 $2,317 $193
Escalade Hybrid 2WD $584 $1194 $506 $30 $152 $2,491 $208
Escalade Hybrid 4WD $584 $1194 $506 $30 $152 $2,491 $208
Escalade Platinum Edition 2WD $584 $1070 $560 $34 $168 $2,441 $203
Escalade Platinum Edition 4WD $584 $1070 $560 $34 $168 $2,441 $203
Escalade Hybrid Platinum 2WD $634 $1318 $506 $30 $152 $2,665 $222
Escalade Hybrid Platinum 4WD $634 $1318 $506 $30 $152 $2,665 $222
Get Your Own Custom Quote Go
Cadillac Escalade insurance with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade 2WD $390 $638 $560 $34 $168 $1,790 $149
Escalade Luxury Edition 2WD $390 $638 $560 $34 $168 $1,790 $149
Escalade 4WD $390 $638 $560 $34 $168 $1,790 $149
Escalade Premium Edition 4WD $426 $638 $560 $34 $168 $1,826 $152
Escalade Luxury Edition 4WD $426 $638 $560 $34 $168 $1,826 $152
Escalade Premium Edition 2WD $426 $638 $560 $34 $168 $1,826 $152
Escalade Hybrid 2WD $426 $806 $506 $30 $152 $1,920 $160
Escalade Hybrid 4WD $426 $806 $506 $30 $152 $1,920 $160
Escalade Platinum Edition 2WD $426 $722 $560 $34 $168 $1,910 $159
Escalade Platinum Edition 4WD $426 $722 $560 $34 $168 $1,910 $159
Escalade Hybrid Platinum 2WD $464 $890 $506 $30 $152 $2,042 $170
Escalade Hybrid Platinum 4WD $464 $890 $506 $30 $152 $2,042 $170
Get Your Own Custom Quote Go

Premium data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oklahoma minimum liability limits. Discounts applied include safe-driver, homeowner, multi-policy, claim-free, and multi-vehicle. Premium amounts do not factor in specific location information which can lower or raise coverage prices substantially.

Based on the data above, we can derive that using a $100 deductible will cost in the ballpark of $44 more each month or $528 for a full year than quoting the higher $500 deductible. Since you would have to pay $400 more if you turn in a claim with a $500 deductible as compared to a $100 deductible, if you go more than 9 months between claims, you would probably save some money by going with a higher deductible.

The diagram below highlights how deductible choice and can increase or decrease Cadillac Escalade insurance prices for different insured age categories. The premium estimates are based on a single male driver, comp and collision included, and no discounts are applied to the premium.

How much more does full coverage cost in Tulsa?

The example below illustrates the comparison of Cadillac Escalade insurance rates with full coverage and liability only. The data assumes no claims or violations, $100 deductibles, drivers are not married, and no discounts are taken into consideration.

Should you buy full coverage or liability only?

There isn't a steadfast formula to stop paying for comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of your full coverage insurance is more than around 10% of the vehicle's replacement cost less your deductible, then it could be time to drop full coverage.

For example, let's say your Cadillac Escalade claim settlement value is $7,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $6,000 after paying your policy deductible. If premium cost is more than $600 annually for full coverage, then you might want to think about dropping full coverage.

There are some scenarios where removing full coverage is not a good idea. If you still have a lienholder on your title, you have to maintain full coverage to protect the lienholder's interest. Also, if you cannot afford to purchase a different vehicle if your current one is totaled, you should keep full coverage on your policy.

Which car insurance company is best in Oklahoma?

Ending up with the right auto insurance company can be difficult considering how many companies provide coverage in Tulsa. The company ratings in the next section may help you decide which auto insurers to look at comparing rates with.

Top 10 Tulsa Car Insurance Companies Overall

  1. Travelers
  2. USAA
  3. Mercury Insurance
  4. AAA Insurance
  5. Nationwide
  6. Allstate
  7. State Farm
  8. The Hartford
  9. Safeco Insurance
  10. Progressive

Learn How to Lower Your Insurance Rates

It's important that you understand some of the things that are used to determine the level of your policy premiums. When you know what positively or negatively controls the rates you pay, this empowers consumers to make smart changes that may result in lower premium levels.

Shown below are some of the items used by insurance companies to determine premiums.

Responsible drivers pay better premiums - How you drive impacts premiums far more than you think. Having just one speeding ticket can increase the cost of insurance by as much as thirty percent. Good drivers have lower premiums compared to bad drivers. People who have license-revoking violations such as DWI, reckless driving or hit and run convictions may be required to complete a SR-22 with their state's licensing department in order to legally drive a vehicle.

The example below shows how violations and accident claims can impact Cadillac Escalade yearly insurance costs for different age groups of insureds. The price estimates are based on a single female driver, comp and collision included, $100 deductibles, and no discounts are taken into consideration.

More stress means more cost - Did you know your job can affect your rates? Occupational choices like lawyers, social workers, and financial analysts tend to pay the highest rates because of stressful work requirements and lots of time spent away from family. Other professions such as actors, students and performers have the lowest average rates.

Better premiums with anti-theft devices - Buying a car that has an advanced theft prevention system can get you a discount on your insurance. Advanced theft deterrents like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft and help lower rates.

Discounts for auto and home policies - Many insurers apply discounts to buyers who have multiple policies with them. It's known as a multi-policy discount. Even if you're getting this discount it's in your best interest to compare Cadillac Escalade rates in Tulsa to guarantee you are still saving the most. Drivers may still save more without the discount even if you insure with multiple companies

Your location is important - Being located in a small town can save you money when trying to find low car insurance rates. Fewer people translates into fewer accidents and also fewer theft and vandalism claims. People who live in big cities regularly have more traffic problems and a longer drive to work. Higher commute times means more chances of being involved in an auto accident.

Insurance losses for a Cadillac Escalade - Insurers factor in insurance loss information to help calculate premium prices. Models that statistically have a trend towards higher claim severity or frequency will be charged more to insure.

The information below illustrates the collected loss data for Cadillac Escalade vehicles. For each coverage category, the claim amount for all vehicles combined as an average equals 100. Percentage values below 100 suggest losses that are better than average, while percentages above 100 indicate frequent claims or statistically larger claims.

Cadillac Escalade Insurance Loss Statistics
Specific Cadillac Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Cadillac Escalade 4dr 2WD 156 122
Cadillac Escalade 4dr 4WD 132 99 119 55
Cadillac Escalade ESV 4dr 2WD 124
Cadillac Escalade ESV 4dr 4WD 123 106 155
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Empty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years