Save Money on Cadillac CTS Insurance in Portland

Astonishing but true according to a recent study, most Oregon insurance customers have been with the same company for at least the last four years, and almost 40% of drivers have never compared rate quotes at all. American consumers could save themselves as much as 47% a year just by getting comparison quotes, but they underestimate the rate savings if they switched to a cheaper policy.

Discount Cadillac CTS insuranceThe most effective way to save money on Cadillac CTS insurance in Portland is to do a yearly price comparison from different companies that insure vehicles in Oregon. You can shop around by following these guidelines.

Step 1: Try to learn about how companies set rates and the measures you can control to keep rates down. Many risk factors that result in higher prices like speeding and a substandard credit score can be amended by making minor driving habit or lifestyle changes. This article gives information to get cheaper rates and earn a bigger discount.

Step 2: Request rate estimates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only give rate quotes from one company like Progressive or Farmers Insurance, while agents who are independent can quote rates for a wide range of companies. View rates

Step 3: Compare the new rate quotes to your existing rates and see if you can save money. If you find a lower rate, make sure there is no coverage gap between policies.

An important part of this process is to try to use the same physical damage deductibles and liability limits on each quote and and to get prices from as many companies as you can. Doing this guarantees a level playing field and the best price selection.

Obtaining price quotes for affordable protection in Portland is not that difficult. If you are insured now or are looking for a new policy, use these cost-cutting techniques to reduce the price you pay and still get good coverage. Drivers just have to understand how to compare price quotes online.

Get cheaper rates on Cadillac CTS insurance in Portland with these insurance discounts

Car insurance can cost a lot, but you can get discounts to reduce the price significantly. Certain reductions will be credited at quote time, but some need to be requested specifically prior to receiving the credit.Save money with discounts

Don’t be surprised that most discounts do not apply to your bottom line cost. Most only reduce the price of certain insurance coverages like comprehensive or collision. Despite the fact that it seems like you could get a free insurance policy, company stockholders wouldn’t be very happy.

The illustration below illustrates the comparison of Cadillac CTS car insurance rates with and without discounts being applied to the rates. The rates are based on a male driver, no claims or driving citations, Oregon state minimum liability limits, comprehensive and collision coverage, and $500 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, multi-car, multi-policy, homeowner, claim-free, and safe-driver discounts applied.

A few popular companies and some of the discounts are shown below.

When comparing rates, check with every company which credits you are entitled to. Some of the earlier mentioned discounts might not be offered on policies in your area. If you would like to see a list of insurance companies that offer discounts in Portland, click here to view.

The auto insurance companies shown below can provide quotes in Oregon. If you wish to find the best cheap auto insurance in Portland, we suggest you compare several of them to find the most competitive auto insurance rates.

Data for Cadillac CTS insurance

The coverage table shown next outlines different insurance costs for Cadillac CTS models. Understanding how car insurance premiums are figured can be of help when making smart choices when choosing a car insurance company.

Cadillac CTS Insurance Rates in Portland, OR
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $274 $564 $386 $22 $116 $1,362 $114
CTS $274 $564 $386 $22 $116 $1,362 $114
CTS Luxury AWD $274 $650 $386 $22 $116 $1,448 $121
CTS Performance AWD $274 $650 $386 $22 $116 $1,448 $121
CTS Luxury $274 $650 $386 $22 $116 $1,448 $121
CTS Performance $274 $650 $386 $22 $116 $1,448 $121
CTS Sport $274 $650 $386 $22 $116 $1,448 $121
CTS Premium $304 $650 $386 $22 $116 $1,478 $123
CTS Premium AWD $304 $650 $386 $22 $116 $1,478 $123
Get Your Own Custom Quote Go

Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and Oregon minimum liability limits. Discounts applied include multi-policy, claim-free, homeowner, multi-vehicle, and safe-driver. Premium amounts do not factor in specific Portland garaging location which can modify rates considerably.

Policy deductibles

One of the most common insurance questions is which deductibles should you choose. The comparison tables below illustrate the premium difference when you buy lower versus higher deductibles. The first table uses a $250 deductible for physical damage and the second rate chart uses a $1,000 deductible.

Cadillac CTS insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $278 $490 $320 $18 $96 $1,227 $102
CTS $278 $490 $320 $18 $96 $1,227 $102
CTS Luxury AWD $278 $564 $320 $18 $96 $1,301 $108
CTS Performance AWD $278 $564 $320 $18 $96 $1,301 $108
CTS Luxury $278 $564 $320 $18 $96 $1,301 $108
CTS Performance $278 $564 $320 $18 $96 $1,301 $108
CTS Sport $278 $564 $320 $18 $96 $1,301 $108
CTS Premium $310 $564 $320 $18 $96 $1,333 $111
CTS Premium AWD $310 $564 $320 $18 $96 $1,333 $111
Get Your Own Custom Quote Go

Cadillac CTS insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
CTS AWD $172 $308 $320 $18 $96 $914 $76
CTS $172 $308 $320 $18 $96 $914 $76
CTS Luxury AWD $172 $356 $320 $18 $96 $962 $80
CTS Performance AWD $172 $356 $320 $18 $96 $962 $80
CTS Luxury $172 $356 $320 $18 $96 $962 $80
CTS Performance $172 $356 $320 $18 $96 $962 $80
CTS Sport $172 $356 $320 $18 $96 $962 $80
CTS Premium $192 $356 $320 $18 $96 $982 $82
CTS Premium AWD $192 $356 $320 $18 $96 $982 $82
Get Your Own Custom Quote Go

Data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and Oregon minimum liability limits. Discounts applied include homeowner, multi-policy, multi-vehicle, claim-free, and safe-driver. Rates do not factor in zip code location which can alter price quotes considerably.

Based on the figures above, using a $250 deductible will cost you about $27 more each month or $324 a year across all Cadillac CTS models than choosing the higher $1,000 deductible. Since the policyholder would be required to pay $750 more to file a claim with a $1,000 deductible as compared to a $250 deductible, if you tend to go at a minimum 28 months between claims, you would save money if you choose the higher deductible. Below is the way you can come to your own conclusion.

Average monthly premium for $250 deductibles: $107
Average monthly premium for $1,000 deductibles (subtract): – $80
Monthly savings from raising deductible: $27
Difference between deductibles ($1,000 – $250): $750
Divide difference by monthly savings: $750 / $27
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 28 months

One important issue to know is that increasing deductibles to lower your rates results in a higher out-of-pocket expense when you have a comprehensive or collision claim. You need to have enough extra savings in order to pay the deductible to have repairs made.

Insurance can get complicated

Always keep in mind that when comparing proper insurance coverage for your vehicles, there is no cookie cutter policy. Everyone’s situation is unique and a cookie cutter policy won’t apply.Safe vehicles cost less to insure
Here are some questions about coverages that may help highlight whether your personal situation could use an agent’s help.

If you don’t know the answers to these questions then you might want to talk to an agent. If you don’t have a local agent, fill out this quick form or click here for a list of insurance companies in your area. It’s fast, free and can provide invaluable advice.

Buying car insurance from Portland car insurance agents

Many drivers just prefer to have an agent’s advice and that can be a great decision Professional insurance agents are trained to spot inefficiencies and help in the event of a claim. The biggest benefit of price shopping on the web is that you can obtain cheaper rates and still buy from a local agent. And buying from local agencies is especially important in Portland.

Portland insurance agentsFor easy comparison, once you complete this form (opens in new window), your coverage information gets sent to agents in your area who will give competitive quotes for your insurance coverage. It makes it easy because there is no need to leave your computer as quotes are delivered to you directly. If for some reason you want to quote rates from a specific insurance company, you would need to visit that company’s website and fill out their quote form.

Different types of car insurance agents in Portland

If you would like to find a good Portland insurance agent, you need to know there are two different types of agencies that you can select. Agents in Portland can be categorized as either independent (non-exclusive) or exclusive. Both can sell and service car insurance coverage, but we need to point out the differences because it can impact the kind of agent you use.

Independent Car Insurance Agents (or Brokers)

Agents in the independent channel are not required to write business for one company so they can insure your vehicles amongst many companies and get you the best rates possible. To move your coverage to a new company, your policy is moved internally and the insured can keep the same agent.

If you are comparing car insurance prices, you should always contact multiple independent agents to have the most options to choose from.

Shown below are independent insurance agencies in Portland that may be able to provide competitive price quotes.

9201 SE 91st AvePortland, OR 97086(503) 698-3833View Map

10402 NE Sandy BlvdPortland, OR 97220(503) 256-2020View Map

1314 NW Irving StPortland, OR 97209(503) 287-8808View Map

View more Portland agents

Exclusive Insurance Agents

Agents in the exclusive channel generally can only insure with one company and some examples include AAA, Allstate, and State Farm. Exclusive agents cannot shop your coverage around so if the price isn’t competitive there isn’t much they can do. They are very knowledgeable on sales techniques which helps offset the inability to provide other markets.

Below is a list of exclusive insurance agencies in Portland willing to provide price quotes.

107 SE Washington St Ste 143Portland, OR 97214(503) 230-0216View Map

5048 SE Hawthorne Blvd aPortland, OR 97215(503) 232-2444View Map

7113 SW Macadam AvePortland, OR 97219(503) 517-9090View Map

View more Portland agents

Picking the best car insurance agent should include more criteria than just a cheap quote. You should also get answers to these questions.

Don’t give up on cheap rates

When shopping online for car insurance, do not skimp on coverage in order to save money. There are too many instances where drivers have reduced full coverage and discovered at claim time that a couple dollars of savings turned into a financial nightmare. Your objective should be to purchase a proper amount of coverage at a price you can afford.

Affordable Cadillac CTS insurance in Portland can be found from both online companies as well as from independent agents in Portland, so you need to shop Portland car insurance with both in order to have the best chance of saving money. Some insurance providers may not have price quotes online and many times these smaller companies prefer to sell through independent insurance agencies.

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