Regrettably, most drivers in Michigan have remained with the same car insurance company for over three years, and nearly half have never quoted car insurance rates at all. American consumers could pocket nearly $850 a year just by getting comparison quotes, but they just feel it’s too hard to find affordable rates by getting comparison quotes.
The easiest way to get more affordable Cadillac Escalade insurance is to compare prices regularly from providers in Detroit. Price quotes can be compared by following these steps.
- First, take a few minutes and learn about the different coverages in a policy and the things you can change to keep rates down. Many rating factors that drive up the price like getting speeding tickets and a negative credit rating can be controlled by making minor driving habit or lifestyle changes. Keep reading for more details to help keep rates affordable and find hidden discounts.
- Second, quote rates from exclusive agents, independent agents, and direct providers. Direct and exclusive agents can only provide price estimates from a single company like Progressive or Allstate, while independent agencies can quote rates for a wide range of insurance providers.
- Third, compare the new rate quotes to your existing coverage to determine if switching companies saves money. If you find a better price and buy the policy, make sure there is no lapse between the expiration of your current policy and the new one.
A key point to remember is to make sure you enter identical deductibles and limits on each quote request and and to compare every company you can. This provides a fair rate comparison and a complete selection of prices.
Auto insurance policy discounts you can’t miss
Auto insurance is neither fun to buy or cheap, but you might already qualify for some discounts that you may not even be aware of. Some trigger automatically at quote time, but a few need to be specifically requested before you will receive the discount.
- Safe Drivers – Drivers without accidents can save as much as half off their rates than their less cautious counterparts.
- Switch and Save Discount – Some insurance companies provide a discount for switching policies prior to your current Escalade insurance policy expiration. It’s a savings of about 10%.
- Discounts for Federal Employees – Simply working for the federal government could cut as much as 10% off with select insurance companies.
- Good Student Discount – This discount may save as much as 25% on a Detroit car insurance quote. The discount lasts until age 25.
- Own a Home – Just owning your own home may earn you a small savings since owning and maintaining a home is proof that your finances are in order.
A quick disclaimer, some of the credits will not apply to the overall cost of the policy. Some only reduce the cost of specific coverages such as physical damage coverage or medical payments. Despite the fact that it seems like all the discounts add up to a free policy, you’re out of luck.
The example below compares Cadillac Escalade insurance premiums with and without discounts. The rate quotes are based on a female driver, no accidents or driving violations, Michigan state minimum liability limits, full coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-car, homeowner, marriage, claim-free, multi-policy, and safe-driver discounts applied.
Companies that possibly offer these discounts include:
When getting a coverage quote, ask all companies you are considering how many discounts you can get. Some discounts listed above may not apply to policies in Detroit.
Most companies allow consumers to get prices direct online. Getting online quotes for Cadillac Escalade insurance in Detroit is very simple as you just type in the coverage amounts you desire on the page. Upon sending the form, the quote system collects information on your driving record and credit history and returns a price determined by many factors. This helps simplify price comparisons, and it’s also necessary to do this in order to get cheaper insurance pricing.
If you want to get comparison pricing now, 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 type in the insurance coverages identical to your current policy. Doing this assures you will receive a price comparison based on similar coverages.
The providers in the list below are our best choices to provide quotes in Michigan. To locate the best auto insurance in Detroit, it’s a good idea that you get prices from several of them to get a more complete price comparison.
Analysis of coverages
The price information shown below highlights different policy rates for Cadillac Escalade models. Learning as much as possible about how insurance premiums are formulated can help guide drivers when making smart buying decisions.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade 2WD | $708 | $1426 | $906 | $54 | $272 | $3,366 | $281 |
| Escalade Luxury Edition 2WD | $708 | $1426 | $906 | $54 | $272 | $3,366 | $281 |
| Escalade 4WD | $708 | $1426 | $906 | $54 | $272 | $3,366 | $281 |
| Escalade Premium Edition 4WD | $774 | $1426 | $906 | $54 | $272 | $3,432 | $286 |
| Escalade Luxury Edition 4WD | $774 | $1426 | $906 | $54 | $272 | $3,432 | $286 |
| Escalade Premium Edition 2WD | $774 | $1426 | $906 | $54 | $272 | $3,432 | $286 |
| Escalade Hybrid 2WD | $774 | $1802 | $820 | $48 | $246 | $3,690 | $308 |
| Escalade Hybrid 4WD | $774 | $1802 | $820 | $48 | $246 | $3,690 | $308 |
| Escalade Platinum Edition 2WD | $774 | $1614 | $906 | $54 | $272 | $3,620 | $302 |
| Escalade Platinum Edition 4WD | $774 | $1614 | $906 | $54 | $272 | $3,620 | $302 |
| Escalade Hybrid Platinum 2WD | $840 | $1988 | $820 | $48 | $246 | $3,942 | $329 |
| Escalade Hybrid Platinum 4WD | $840 | $1988 | $820 | $48 | $246 | $3,942 | $329 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume married female driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Michigan minimum liability limits. Discounts applied include multi-policy, multi-vehicle, safe-driver, homeowner, and claim-free. Premium amounts do not factor in Detroit location which can impact insurance rates greatly.
Analysis of deductible levels
When buying auto insurance, a common question is how high should the deductibles for physical damage be. The rates shown below can help you understand the premium difference when you choose different physical damage coverage deductibles. The first pricing table uses a $100 deductible and the second rate table uses a $1,000 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade 2WD | $824 | $1456 | $864 | $52 | $258 | $3,479 | $290 |
| Escalade Luxury Edition 2WD | $824 | $1456 | $864 | $52 | $258 | $3,479 | $290 |
| Escalade 4WD | $824 | $1456 | $864 | $52 | $258 | $3,479 | $290 |
| Escalade Premium Edition 4WD | $900 | $1456 | $864 | $52 | $258 | $3,555 | $296 |
| Escalade Luxury Edition 4WD | $900 | $1456 | $864 | $52 | $258 | $3,555 | $296 |
| Escalade Premium Edition 2WD | $900 | $1456 | $864 | $52 | $258 | $3,555 | $296 |
| Escalade Hybrid 2WD | $900 | $1838 | $780 | $46 | $234 | $3,823 | $319 |
| Escalade Hybrid 4WD | $900 | $1838 | $780 | $46 | $234 | $3,823 | $319 |
| Escalade Platinum Edition 2WD | $900 | $1646 | $864 | $52 | $258 | $3,745 | $312 |
| Escalade Platinum Edition 4WD | $900 | $1646 | $864 | $52 | $258 | $3,745 | $312 |
| Escalade Hybrid Platinum 2WD | $976 | $2030 | $780 | $46 | $234 | $4,091 | $341 |
| Escalade Hybrid Platinum 4WD | $976 | $2030 | $780 | $46 | $234 | $4,091 | $341 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade 2WD | $456 | $768 | $864 | $52 | $258 | $2,398 | $200 |
| Escalade Luxury Edition 2WD | $456 | $768 | $864 | $52 | $258 | $2,398 | $200 |
| Escalade 4WD | $456 | $768 | $864 | $52 | $258 | $2,398 | $200 |
| Escalade Premium Edition 4WD | $500 | $768 | $864 | $52 | $258 | $2,442 | $204 |
| Escalade Luxury Edition 4WD | $500 | $768 | $864 | $52 | $258 | $2,442 | $204 |
| Escalade Premium Edition 2WD | $500 | $768 | $864 | $52 | $258 | $2,442 | $204 |
| Escalade Hybrid 2WD | $500 | $968 | $780 | $46 | $234 | $2,528 | $211 |
| Escalade Hybrid 4WD | $500 | $968 | $780 | $46 | $234 | $2,528 | $211 |
| Escalade Platinum Edition 2WD | $500 | $868 | $864 | $52 | $258 | $2,542 | $212 |
| Escalade Platinum Edition 4WD | $500 | $868 | $864 | $52 | $258 | $2,542 | $212 |
| Escalade Hybrid Platinum 2WD | $542 | $1070 | $780 | $46 | $234 | $2,672 | $223 |
| Escalade Hybrid Platinum 4WD | $542 | $1070 | $780 | $46 | $234 | $2,672 | $223 |
| Get Your Own Custom Quote Go | |||||||
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, and Michigan minimum liability limits. Discounts applied include safe-driver, multi-policy, homeowner, claim-free, and multi-vehicle. Price estimates do not factor in specific location information which can affect coverage prices significantly.
We can estimate from the data above that using a $100 deductible could cost the average driver approximately $100 more each month or $1200 for a full year across all Cadillac Escalade models than choosing the higher $1,000 deductible. Due to the fact that you would have to pay $900 more out-of-pocket with a $1,000 deductible as compared to a $100 deductible, if you tend to have at a minimum 9 months between claim filings, you would probably be better off if you choose a higher deductible. The illustration below shows the way you can decide this on your own policy.
| Average monthly premium for $100 deductibles: | $309 |
| Average monthly premium for $1,000 deductibles (subtract): | – $209 |
| Monthly savings from raising deductible: | $100 |
| Difference between deductibles ($1,000 – $100): | $900 |
| Divide difference by monthly savings: | $900 / $100 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 9 months |
Cadillac Escalade insurance costs by age and gender
The information below illustrates the comparison of Cadillac Escalade car insurance rates for male and female drivers. The rates are based on no accidents, no driving violations, full physical damage coverage, $100 deductibles, drivers are not married, and no policy discounts are applied.
How much more does full coverage cost?
The illustration below shows the difference between Cadillac Escalade insurance rates with full physical damage coverage and with liability coverage only. The prices are based on no accidents or driving violations, $500 deductibles, marital status is single, and no discounts are applied to the premium.
Are you wasting money on full coverage?
There is no specific rule for excluding full coverage, but there is a guideline you can consider. If the yearly cost for physical damage coverage is more than around 10% of replacement cost minus your deductible, the it may be a good time to stop paying for full coverage.
For example, let’s say your Cadillac Escalade book value is $8,000 and you have $1,000 physical damage deductibles. If your vehicle is totaled, the most you would get paid by your company is $7,000 after paying your deductible. If you are paying more than $700 annually to have full coverage, then it’s probably a good time to buy liability coverage only.
There are some conditions where dropping physical damage coverage is not a good plan. If you still have a lienholder on your title, you are required to maintain full coverage to protect the lienholder’s interest. Also, if your emergency fund is not enough to purchase a different vehicle in the event your current vehicle is totaled, you should keep full coverage.
Smart Consumers Can Reduce Their Insurance Prices
Many factors are part of the calculation when pricing auto insurance. Some of the criteria are obvious like your driving record, although some other factors are not as apparent like your vehicle usage and annual miles driven.
The factors shown below are just a few of the factors used by insurance companies to determine your premiums.
- Rates may be lower depending on your employer – Do you have a high-stress occupation? Careers like lawyers, air traffic controllers, and accountants usually pay the highest average rates because of high stress and incredibly demanding work hours. Other occupations such as actors, engineers and homemakers receive lower rates.
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Good drivers pay less – A bad driving record impacts your car insurance rates tremendously. Attentive drivers pay lower auto insurance prices than their less careful counterparts. Having a single speeding ticket can bump up the cost by as much as thirty percent. Drivers unfortunate enough to have serious violations such as reckless driving, hit and run or driving under the influence are required to prove financial responsibility with their state motor vehicle department in order to drive a vehicle legally.
The illustration below highlights how speeding tickets and at-fault collisions impact Cadillac Escalade auto insurance costs for different ages of insureds. Data assumes a married female driver, full coverage, $1,000 deductibles, and no other discounts are factored in.
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Age of drivers – Youthful drivers in Michigan are proven to be inattentive in a vehicle therefore car insurance rates are much higher. Older people are proven to be safer behind the wheel, tend to file fewer claims, and tend to be get fewer driving tickets.
The chart below assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.
- Being married is a bonus – Having a wife or husband can get you a discount on your policy. It may mean you are more mature and responsible and it’s statistically proven that married drivers get in fewer accidents.
- Higher deductibles are cheaper – Physical damage protection, also known as collision and other-than-collision, covers your vehicle from damage. A few examples of covered claims could be a broken side mirror, hitting a deer, and burglary. The deductibles you choose state the amount of money you are willing to pay in the event of a claim. The higher the amount you have to pay, the lower your rates will be.
- Rates impacted by vehicle usage – The higher the mileage driven each year the higher your rates will be. Many insurance companies charge to insure your cars based upon how much you drive. Vehicles that do not get driven very much receive lower rates than vehicles that have high annual mileage. Double check that your car insurance policy is rated on the right rating data, because improper ratings can cost you money. Improper usage on your Escalade is just wasting money.
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Cadillac Escalade insurance loss probability – Auto insurance companies analyze the history of losses when they calculate premium prices for each model. Vehicles that have higher number or severity of losses will have a higher premium rate. The next table shows the insurance loss data used by companies for Cadillac Escalade vehicles.
For each policy coverage type, the claim amount for all vehicles, regardless of make or model, equals 100. Numbers that are below 100 suggest losses that are better than average, while numbers shown that are more than 100 indicate more frequent claims or an increased probability of a larger loss.
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 BETTERAVERAGEWORSEEmpty fields indicate not enough data collected
Statistics from IIHS.org for 2013-2015 Model Years
Do I need special coverages?
When quoting and comparing the best insurance coverage for your personal vehicles, there is no “best” method to buy coverage. Everyone’s needs are different and your insurance should be unique as well. For instance, these questions can help discover whether you would benefit from professional advice.
- When should I remove comp and collision on my Cadillac Escalade?
- What is medical payments coverage?
- Should I pay a claim out-of-pocket?
- Do I benefit by insuring my home with the same company?
- Does my car insurance cover rental cars?
- Should I carry comprehensive and collision coverage?
- Is pleasure use cheaper than using my Cadillac Escalade to commute?
- Can I insure my car for more than it’s worth?
If it’s difficult to answer those questions, then you may want to think about talking to a licensed agent. If you want to speak to an agent in your area, fill out this quick form or you can also visit this page to select a carrier It only takes a few minutes and you can get the answers you need.
Local agents and car insurance
A lot of people would rather have an agent’s advice and that is just fine! Most agents are highly skilled in risk management and give you someone to call. One of the great benefits of comparing insurance prices online is that drivers can save money and get cheap car insurance rates and also buy local. Putting coverage with neighborhood insurance agencies is still important in Detroit.
After filling out this form (opens in new window), your information is sent to participating agents in Detroit who will give competitive quotes to get your business. You won’t need to contact any insurance agencies because quoted prices will be sent to the email address you provide. In the event you want to get a price quote from a specific company, you just need to visit that company’s website and fill out their quote form.
If you are wanting to find a local insurance agency, it can be helpful to understand the different types of agencies that you can choose from. Car insurance agents are categorized either independent agents or exclusive agents. Either one can insure your vehicles, but it’s worth learning how they are different since it could factor into which agent you choose.
Independent Car Insurance Agencies or Brokers
Agents in the independent channel are not required to write business for one company and that is an advantage because they can write policies with lots of companies and get you the best rates possible. To move your coverage to a new company, they simply move the coverage in-house and you don’t have to do anything.
When comparing rate quotes, we recommend you contact at least one independent agent in order to have the best price comparison.
Below is a small list of independent agents in Detroit that may be able to give you free rate quotes.
L.A. Insurance Agency
15607 Grand River Ave – Detroit, MI 48227 – (313) 835-4000 – View Map
Cagwin Insurance Agency
3031 W Grand Blvd #320 – Detroit, MI 48202 – (313) 875-9147 – View Map
Insurance Services of Michigan
615 Griswold St Griswold – Detroit, MI 48226 – (313) 963-7170 – View Map
Exclusive Agencies
Agents that elect to be exclusive are contracted to one company such as Allstate, State Farm and Farm Bureau. They are unable to provide rate quotes from other companies so always compare other rates. These agents receive extensive training in insurance sales which helps them sell on service rather than price.
Shown below are Detroit exclusive agencies that can give you price quote information.
Charlotte Knight – State Farm Insurance Agent
7100 W Seven Mile Rd – Detroit, MI 48221 – (313) 340-9000 – View Map
Michelle Sims – State Farm Insurance Agent
24970 W Outer Dr – Lincoln Park, MI 48146 – (313) 928-1348 – View Map
Allstate Insurance: Shauna Johnson
18711 Grand River Ave – Detroit, MI 48223 – (313) 272-2020 – View Map
Finding the right insurance agent requires you to look at more than just a cheap price quote. These are some questions your agent should answer.
- Are you getting all the discounts the company offers?
- Do they specialize in personal lines coverage in Detroit?
- Which members of your family are coverage by the policy?
- What are their preferred companies if they are an independent agency?
- How long have they been in business?
If you get acceptable answers to these questions and a low price estimate, you may have just found an auto insurance agent that will properly insure your vehicles.
Choosing the best Escalade insurance in Michigan is an important decision
Despite the high insurance cost for a Cadillac Escalade in Detroit, insurance may be mandatory for several reasons.
First, the majority of states have minimum mandated liability insurance limits which means you are required to carry a specific minimum amount of liability protection in order to drive the car legally. In Michigan these limits are 20/40/10 which means you must have $20,000 of bodily injury coverage per person, $40,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if your car has a loan, most banks will have a requirement that you have insurance to guarantee payment of the loan. If you let the policy lapse, the bank will be required to insure your Cadillac for a much higher rate and require you to pay for the expensive policy.
Third, auto insurance protects both your vehicle and your assets. It will also cover medical transport and hospital expenses for yourself as well as anyone injured by you. Liability coverage will also pay to defend you if you are sued as the result of your driving. If your car is damaged in a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to repair the damage.
The benefits of insuring your car definitely exceed the cost, particularly when you have a large claim. According to a recent study, the average American driver is currently overpaying as much as $850 per year so compare quotes from several companies each time the policy renews to make sure the price is not too high.
More effort can pay off
The cheapest Cadillac Escalade insurance in Detroit can be purchased from both online companies as well as from independent agents in Detroit, so get free Detroit car insurance quotes from both of them to have the best chance of lowering rates. Some companies do not provide rate quotes online and these regional carriers prefer to sell through independent insurance agents.
In this article, we covered many ways to shop for Cadillac Escalade insurance online. It’s most important to understand that the more rate comparisons you have, the higher your chance of finding affordable Detroit car insurance quotes. You may even be surprised to find that the biggest savings come from a small mutual company. These companies can often provide lower premium rates in certain areas as compared to the big name companies such as State Farm or Progressive.
When shopping online for insurance, don’t be tempted to reduce needed coverages to save money. There have been many cases where an insured dropped liability limits or collision coverage only to discover later that a couple dollars of savings turned into a financial nightmare. Your focus should be to buy enough coverage at the best possible price while not skimping on critical coverages.
Helpful learning opportunities
- Vehicle Insurance in the U.S. (Wikipedia)
- How Much is Auto Insurance for a Ford Explorer in Detroit? (FAQ)
- What Insurance is Cheapest for Low Mileage Drivers in Detroit? (FAQ)
- Who Has Cheap Detroit Auto Insurance Quotes for a Toyota Tacoma? (FAQ)
- How Much Does Car Insurance Go Up After a Speeding Ticket? (DetroitInsure.com)
- What is a Telematics Device? (Allstate)
- Frontal Crash Tests (iihs.org)
- Steps to Take After an Auto Accident (Insurance Information Institute)