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.
The 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.
- Early Signing – Some insurance companies reward drivers for switching companies before your current expiration date. You could save around 10% when you buy Portland car insurance online.
- Distant Student Discount – Older children who live away from home to go to college and do not take a car to college can receive lower rates.
- Active Military Service – Having an actively deployed family member may qualify for rate reductions.
- Payment Discounts – By paying your policy upfront rather than paying in monthly installments you can avoid monthly service charges.
- Federal Employees – Simply working for the federal government could cut as much as 10% off depending on your company.
- Discount for Good Grades – Maintaining excellent grades may save as much as 25% on a Portland car insurance quote. Earning this discount can benefit you up to age 25.
- Senior Discount – Seniors could receive a discount up to 10%.
- Discounts for Safe Drivers – Drivers without accidents could pay up to 40% less than drivers with accident claims.
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.
- American Family may have discounts that include good student, accident-free, TimeAway discount, early bird, mySafetyValet, multi-vehicle, and Steer into Savings.
- Farm Bureau policyholders can earn discounts including good student, renewal discount, multi-vehicle, driver training, and safe driver.
- State Farm has savings for driver’s education, passive restraint, defensive driving training, multiple policy, Drive Safe & Save, good driver, and Steer Clear safe driver discount.
- Travelers offers premium reductions for good student, hybrid/electric vehicle, student away at school, payment discounts, multi-car, and new car.
- The Hartford may include discounts for bundle, anti-theft, good student, defensive driver, driver training, vehicle fuel type, and air bag.
- GEICO may offer discounts for military active duty, anti-lock brakes, multi-vehicle, five-year accident-free, multi-policy, anti-theft, and emergency military deployment.
- Progressive offers discounts including continuous coverage, multi-vehicle, good student, multi-policy, online quote discount, online signing, and homeowner.
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.
| 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.
| 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 | |||||||
| 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.
Here are some questions about coverages that may help highlight whether your personal situation could use an agent’s help.
- Is my Cadillac CTS covered for smoke damage?
- Can my babysitter drive my car?
- What is no-fault insurance?
- Is my Cadillac CTS covered if I use it for business?
- Can I rate high risk drivers on liability-only vehicles?
- Can good grades get a discount?
- Am I covered if I hit a deer?
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.
For 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.
Ross and Associates Insurance Services, Inc.
9201 SE 91st Ave – Portland, OR 97086 – (503) 698-3833 – View Map
Chet Hill Insurance
10402 NE Sandy Blvd – Portland, OR 97220 – (503) 256-2020 – View Map
Pibal Insurance Brokers of Oregon
1314 NW Irving St – Portland, OR 97209 – (503) 287-8808 – View Map
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.
Gunnar Olson – State Farm Insurance Agent
107 SE Washington St Ste 143 – Portland, OR 97214 – (503) 230-0216 – View Map
Mariko Locke – State Farm Insurance Agent
5048 SE Hawthorne Blvd a – Portland, OR 97215 – (503) 232-2444 – View Map
Michael Holton – State Farm Insurance Agent
7113 SW Macadam Ave – Portland, OR 97219 – (503) 517-9090 – View Map
Picking the best car insurance agent should include more criteria than just a cheap quote. You should also get answers to these questions.
- How long have they been in business?
- Do the companies they represent have a solid financial rating?
- Is coverage determined by price?
- How would your car be valued if totaled?
- Do they specialize in personal lines auto insurance in Portland?
- Can glass repairs be made at your home?
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.
Even more information can be found in the articles below:
- Pickups fall short in headlight tests (Insurance Institute for Highway Safety)
- What Car Insurance is Cheapest for Ride Shares in Portland? (FAQ)
- Who Has the Cheapest Auto Insurance for Active Military in Portland? (FAQ)
- Who Has Affordable Car Insurance for State Employees in Portland? (FAQ)
- Who Has the Cheapest Portland Auto Insurance for a Toyota Corolla? (FAQ)
- Who Has the Cheapest Portland Car Insurance Quotes for Drivers Under 25? (FAQ)
- Who Has the Cheapest Portland Car Insurance Quotes for Low Credit Scores? (FAQ)
- How Much are Portland Car Insurance Quotes for Drivers Under 21? (FAQ)
- Vehicle Size and Weight FAQ (iihs.org)
- Electronic Stability Control FAQ (iihs.org)