Would you prefer to buy cheaper Cadillac CTS-V insurance in Anchorage? Are you tired of scraping nickels together each month for insurance? You’re in the same situation as many other Alaska consumers.
A study showed that most insurance buyers in Alaska kept their policy with the same company for a minimum of four years, and practically 40% of insurance customers have never compared insurance rates at all. Most drivers in America could save $859 every year by just comparing quotes, but they don’t believe how much money they would save if they moved their coverage to a different company.
How to buy lower priced Cadillac CTS-V insurance in Anchorage
If you want to save the most money, the best way to get the cheapest auto insurance rates in Anchorage is to compare prices regularly from insurers who sell auto insurance in Alaska.
First, learn about how insurance companies determine prices and the measures you can control to prevent expensive coverage. Many policy risk factors that result in higher prices such as traffic citations, accidents, and a lousy credit rating can be amended by making minor changes to your lifestyle.
Second, request price quotes from direct carriers, independent agents, and exclusive agents. Direct and exclusive agents can only quote rates from one company like GEICO or State Farm, while agents who are independent can quote rates from multiple insurance companies. View prices
Third, compare the new rates to your existing rates to see if cheaper CTS-V coverage is available. If you can save money and change companies, make sure there is no lapse in coverage.
Fourth, provide notification to your current company of your decision to cancel your current car insurance policy and submit payment and a signed application for the new coverage. As soon as you have the new policy, put the new certificate of insurance with the vehicle registration.
A good tip to remember is to try to use similar deductibles and liability limits on every quote request and and to get rate quotes from as many car insurance companies as possible. This ensures a fair price comparison and a complete price analysis.
Due to the abundance of choices of insurance companies that have cheaper insurance for a Cadillac CTS-V in Anchorage, it’s difficult to locate the cheapest insurance provider.
You need to quote other rates as often as possible since prices change quite often. Even if you got the lowest price on Cadillac CTS-V insurance in Anchorage a couple years back there is a good chance you can find better rates now. Block out anything you think you know about insurance because you’re going to get a crash course in how to use online quotes to save on insurance.
Our objective in writing this article is to help you learn how car insurance quotes work and some tips to save money. If you have a policy now, you will definitely be able to find better prices using the following tips. You just have to use the least time-consuming way to get comparison quotes online.
Discount Anchorage insurance rates
Car insurance is not cheap, but you may find discounts that many consumers don’t even know exist. A few discounts will be applied when you get a quote, but a few must be requested specifically before they will apply.
- Distant Student Discount – Any of your kids who attend college more than 100 miles from Anchorage and leave their car at home may be insured at a cheaper rate.
- Student Driver Training – It’s a good idea to have your young drivers complete a driver education course as it can save substantially.
- Discount for Home Ownership – Simply owning a home can help you save on insurance because it shows financial diligence.
- Driving Data Discount – Insureds who allow their insurance company to look at vehicle usage by using a telematics device in their vehicle such as Progressive’s Snapshot and State Farm’s In-Drive could save a few bucks if they show good driving skills.
- Low Mileage Discounts – Fewer annual miles on your Cadillac may enable drivers to earn cheaper prices.
A little note about advertised discounts, most discounts do not apply to the entire cost. The majority will only reduce specific coverage prices like physical damage coverage or medical payments. Just because you may think it’s possible to get free car insurance, you won’t be that lucky. Any qualifying discounts will definitely lower your overall premium however.
The information below compares Cadillac CTS-V annual premium costs with and without discounts applied to the rates. The rate quotes are based on a male driver, no driving violations, no at-fault accidents, Alaska state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, safe-driver, homeowner, multi-car, claim-free, and marriage discounts applied.
Some of the larger companies that may offer some of the discounts shown above include:
Before purchasing a policy, check with each company to give you their best rates. Some of the discounts discussed earlier might not apply in Anchorage. If you would like to choose from a list of insurance companies offering insurance discounts in Alaska, click here to view.
How to compare Anchorage Cadillac CTS-V insurance quotes
Finding a lower price on Cadillac CTS-V insurance is actually quite simple. Drivers just need to take a few minutes to compare rates to find the company with inexpensive Anchorage car insurance quotes.
Doing online quotes comparisons is so easy that it makes it a waste of time to drive around to different Anchorage agent offices. Doing it all online eliminates the middleman unless you want the peace of mind that can only be provided by a licensed insurance agent. Although, it is possible price shop online but buy from a local insurance agent.
The companies shown below are our best choices to provide free rate quotes in Anchorage, AK. To locate cheap car insurance in Anchorage, AK, we suggest you visit as many as you can to get the best price comparison.
Statistics and details
The price information below showcases different policy rates for Cadillac CTS-V models. Being more informed about how prices are formulated can assist in making decisions when choosing a new policy provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CTS-V | $258 | $490 | $232 | $14 | $70 | $1,064 | $89 |
| Get Your Own Custom Quote Go | |||||||
Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Alaska minimum liability limits. Discounts applied include multi-vehicle, homeowner, claim-free, multi-policy, and safe-driver. Premium amounts do not factor in garaging location in Anchorage which can modify insurance rates substantially.
Policy deductible comparison
One of the most common insurance questions is the level to set your comp and collision deductibles. The tables below may aid in understanding the differences in price when you choose different physical damage deductibles. The first set of rates uses a $250 physical damage deductible and the second set of prices uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CTS-V | $318 | $606 | $232 | $14 | $70 | $1,265 | $105 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| CTS-V | $196 | $382 | $232 | $14 | $70 | $894 | $75 |
| Get Your Own Custom Quote Go | |||||||
Data variables include married male driver age 30, no speeding tickets, no at-fault accidents, and Alaska minimum liability limits. Discounts applied include multi-vehicle, claim-free, homeowner, safe-driver, and multi-policy. Premium amounts do not factor in garaging location in Anchorage which can change coverage prices noticeably.
Based on these figures, using a $250 deductible costs about $30 more each month or $360 a year averaged for all CTS-V models than opting for the higher $1,000 deductible. Since you would pay $750 more if you file a claim with a $1,000 deductible as compared to a $250 deductible, if you normally go more than 25 months between claims, you would probably save some money if you opt for a higher deductible.
Insurance premiums based on gender
The diagram below illustrates the comparison of Cadillac CTS-V insurance rates for male and female drivers. Data assumes no claims or driving violations, full physical damage coverage, $100 deductibles, marital status is single, and no other discounts are factored in.
Compare prices but buy from a local Anchorage insurance agency
Many drivers still prefer to sit down and talk to an agent and that is recommended in a lot of cases Agents are highly skilled in risk management and help file insurance claims. The biggest benefit of comparing rate quotes online is that you can obtain cheap insurance rates and still buy from a local agent. Supporting local insurance agencies is still important in Anchorage.
Once you complete this simple form, your information is immediately sent to insurance agents in Anchorage that can give you free Anchorage car insurance quotes for your business. You never need to visit any agencies because quoted prices will be sent directly to your email. If you wish to get a price quote from a particular provider, don’t hesitate to jump over to their website and fill out their quote form.
Multiple types of auto insurance agents in Anchorage
If you want to use local Anchorage agents, there are a couple of different types of agents and how they can quote your rates. Agents are classified as either independent agents or exclusive agents. Both types of agents can write insurance policies, but it is a good idea to know the subtle differences because it can impact the selection process.
Independent Insurance Agents
These agents do not have single company limitations and that enables them to quote your coverage with many different companies and find you the best rates. If your premiums go up, the business is moved internally and that require little work on your part.
When comparing rates, we recommend you compare quotes from several independent insurance agents to maximize your price options.
Featured below is a partial list of independent insurance agents in Anchorage who may provide comparison quotes.
Conrad-Houston Insurance
507 W Northern Lights Blvd – Anchorage, AK 99503 – (907) 276-7667 – View Map
Integrity Insurance Agency
1505 W 34th Ave – Anchorage, AK 99503 – (844) 878-0258 – View Map
Associated Insurance Services
7125 Old Seward Hwy #203 – Anchorage, AK 99518 – (907) 349-2229 – View Map
Exclusive Insurance Agents
Agents that elect to be exclusive generally can only insure with one company and examples are Allstate, State Farm and Farm Bureau. Exclusive agents cannot provide prices from multiple companies so if the price isn’t competitive there isn’t much they can do. Exclusive agencies receive extensive training on their company’s products and that allows them to sell at a higher price point.
Below are Anchorage exclusive agents that are able to give price quotes.
Allstate Insurance: Katrina J. Cain
540 Karluk St – Anchorage, AK 99501 – (907) 274-2886 – View Map
Allstate Insurance: Kelly L. Snodgrass
9900 Old Seward Hwy #5 – Anchorage, AK 99515 – (907) 346-4006 – View Map
Tim Graham – State Farm Insurance Agent
1417 W Northern Lights Blvd A – Anchorage, AK 99503 – (907) 561-4000 – View Map
Finding the right insurance agent is decision based upon more than just a low price. Get answers to these questions too.
- Is vehicle mileage a factor when determining depreciation for repairs?
- Which companies can they place coverage with?
- Does the agency have a current Errors and Omissions policy?
- Are they primarily personal or commercial lines agents in Anchorage?
- Is the agency involved in supporting local community causes?
- Where would glass claims be handled in Anchorage?
Persistence pays off
Some insurance companies may not provide online rate quotes and these smaller companies only sell through independent insurance agencies. Affordable Cadillac CTS-V insurance in Anchorage is possible from both online companies and with local Anchorage insurance agents, so compare prices from both to get a complete price analysis.
You just learned quite a bit of information on how to save on Cadillac CTS-V insurance in Anchorage. The most important thing to understand is the more price quotes you have, the better chance you’ll have of finding affordable Anchorage car insurance quotes. You may even discover the best price on insurance is with some of the lesser-known companies. Smaller companies may often insure only within specific states and give better rates compared to the large companies like GEICO and State Farm.
Steps to finding cheaper Cadillac CTS-V insurance in Anchorage
If you want to save money, the best way to get more affordable Cadillac CTS-V insurance is to compare prices once a year from insurance carriers that sell auto insurance in Anchorage. Prices can be compared by following these guidelines.
- Step 1: Take a little time to learn about how companies set rates and the measures you can control to keep rates down. Many factors that are responsible for high rates like getting speeding tickets and bad credit can be amended by making minor driving habit or lifestyle changes.
- Step 2: Request price quotes from direct, independent, and exclusive agents. Exclusive and direct companies can only provide price estimates from a single company like GEICO or State Farm, while independent agents can give you price quotes from many different companies. Click to view companies
- Step 3: Compare the quotes to the price on your current policy and determine if there is any savings. If you find a lower rate quote, make sure there is no coverage gap between policies.
- Step 4: Give notification to your agent or company of your intention to cancel your existing policy and submit any necessary down payment along with the completed application to your new company or agent. As soon as you can, keep your new certificate verifying proof of insurance in an easily accessible location in your vehicle.
A tip to remember is to use identical limits and deductibles on every quote and and to get prices from as many companies as possible. Doing this provides an accurate price comparison and a better comparison of the market.
More resources
- How to Avoid Staged Accidents (State Farm)
- How Much are Anchorage Car Insurance Quotes for Safe Drivers? (FAQ)
- What Insurance is Cheapest for Lyft Drivers in Anchorage? (FAQ)
- Who Has Affordable Auto Insurance for Handicapped Drivers in Anchorage? (FAQ)
- Who Has Affordable Car Insurance for Police Officers in Anchorage? (FAQ)
- Who Has Affordable Car Insurance Rates for a 20 Year Old Female in Anchorage? (FAQ)
- Who Has Affordable Anchorage Auto Insurance Rates for Teenage Males? (FAQ)
- Who Has Cheap Auto Insurance Rates for a Ford Fusion in Anchorage? (FAQ)
- Insuring a Leased Car (Insurance Information Institute)
- Distracted Driving Statistics (Insurance Information Institute)
- Understanding your Policy (NAIC.org)