Best Ways to Save on Honolulu Cadillac Escalade ESV Insurance

If you want to save money, the best way to find the cheapest price for auto insurance rates in Honolulu is to start comparing prices regularly from insurance carriers that insure vehicles in Hawaii. You can shop around by completing these steps.

  1. Try to understand the coverage provided by your policy and the things you can change to drop your rates. Many rating criteria that are responsible for high rates such as at-fault accidents and a negative credit rating can be eliminated by making minor changes in your lifestyle. This article gives more ideas to get low prices and earn a bigger discount.
  2. Get rate quotes from direct, independent, and exclusive agents. Exclusive agents and direct companies can only quote rates from a single company like GEICO and Allstate, while independent agencies can provide rate quotes for many different companies.
  3. Compare the new quotes to the price on your current policy to see if a cheaper rate is available in Honolulu. If you find a better price, verify that coverage does not lapse between policies.
  4. Give notification to your agent or company of your decision to cancel your existing policy. Submit a signed application and payment for the new policy. Immediately upon receiving it, keep the new certificate verifying coverage in your glove compartment.

A good tip to remember is to make sure you’re comparing identical coverages on every quote request and and to get price quotes from as many different insurance providers as possible. Doing this guarantees the most accurate price comparison and a thorough selection of prices.

Insurance rates Cadillac Escalade ESV in HonoluluEveryone knows that car insurance companies don’t want policyholders to compare prices from other companies. Consumers who shop around for the cheapest price will presumably buy a new policy because of the high probability of finding coverage at a cheaper rate. Remarkably, a study showed that consumers who made a habit of comparing rates saved approximately $850 each year compared to other drivers who never shopped for cheaper rates.

If finding the cheapest price for Cadillac Escalade ESV insurance in Honolulu is the reason for your visit, then understanding how to shop and compare insurance premiums can save time and money.

Quote Honolulu Cadillac Escalade ESV insurance online

Just keep in mind that comparing more quotes will improve the odds of getting the best offered rates.

The companies shown below can provide comparison quotes in Hawaii. If several companies are displayed, we recommend you get rates from several of them in order to get a fair rate comparison.

Rates and statistics

The table shown below showcases different insurance coverage prices for Cadillac Escalade ESV models. Having a better idea how insurance rates are calculated helps drivers make smart choices when comparing insurance rates.

Cadillac Escalade ESV Insurance Rates in Honolulu, HI
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade ESV 2WD $246 $434 $320 $18 $96 $1,114 $93
Escalade ESV 4WD $246 $434 $320 $18 $96 $1,114 $93
Escalade ESV Luxury Edition 2WD $246 $434 $320 $18 $96 $1,114 $93
Escalade ESV Premium Edition 2WD $246 $434 $320 $18 $96 $1,114 $93
Escalade ESV Luxury Edition 4WD $246 $434 $320 $18 $96 $1,114 $93
Escalade ESV Premium Edition 4WD $268 $490 $320 $18 $96 $1,192 $99
Escalade ESV Platinum Edition 2WD $268 $490 $320 $18 $96 $1,192 $99
Escalade ESV Platinum Edition 4WD $268 $490 $320 $18 $96 $1,192 $99
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Data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Hawaii minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, homeowner, and safe-driver. Estimates do not factor in specific zip code location which can increase or decrease coverage prices noticeably.

Higher deductibles lower rates

One frequently asked question is how low should you set your deductibles. The figures shown below can help illustrate how much more you’ll pay when you buy lower versus higher physical damage coverage deductibles. The first rate comparisons uses a $100 physical damage deductible and the second rate table uses a $500 deductible.

Cadillac Escalade ESV insurance premium rates with $100 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade ESV 2WD $346 $558 $264 $16 $80 $1,289 $107
Escalade ESV 4WD $346 $558 $264 $16 $80 $1,289 $107
Escalade ESV Luxury Edition 2WD $346 $558 $264 $16 $80 $1,289 $107
Escalade ESV Premium Edition 2WD $346 $558 $264 $16 $80 $1,289 $107
Escalade ESV Luxury Edition 4WD $346 $558 $264 $16 $80 $1,289 $107
Escalade ESV Premium Edition 4WD $374 $632 $264 $16 $80 $1,391 $116
Escalade ESV Platinum Edition 2WD $374 $632 $264 $16 $80 $1,391 $116
Escalade ESV Platinum Edition 4WD $374 $632 $264 $16 $80 $1,391 $116
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Cadillac Escalade ESV insurance premium rates with $500 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Escalade ESV 2WD $252 $378 $264 $16 $80 $990 $83
Escalade ESV 4WD $252 $378 $264 $16 $80 $990 $83
Escalade ESV Luxury Edition 2WD $252 $378 $264 $16 $80 $990 $83
Escalade ESV Premium Edition 2WD $252 $378 $264 $16 $80 $990 $83
Escalade ESV Luxury Edition 4WD $252 $378 $264 $16 $80 $990 $83
Escalade ESV Premium Edition 4WD $274 $426 $264 $16 $80 $1,060 $88
Escalade ESV Platinum Edition 2WD $274 $426 $264 $16 $80 $1,060 $88
Escalade ESV Platinum Edition 4WD $274 $426 $264 $16 $80 $1,060 $88
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Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Hawaii minimum liability limits. Discounts applied include homeowner, multi-policy, safe-driver, multi-vehicle, and claim-free. Rates do not factor in vehicle garaging location which can change premium rates noticeably.

Based on the data above, we can derive that using a $100 deductible costs about $25 more each month or $300 a year than requesting the higher $500 deductible. Because you would be required to pay $400 more to file a claim with a $500 deductible as compared to a $100 deductible, if you normally go at a minimum 16 months between claim filings, you would probably come out ahead if you elect the higher deductible.

How to calculate if a higher deductible is a good decision

Average monthly premium for $100 deductibles: $110
Average monthly premium for $500 deductibles (subtract): – $85
Monthly savings from raising deductible: $25
Difference between deductibles ($500 – $100): $400
Divide difference by monthly savings: $400 / $25
Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible 16 months

The information below illustrates how your deductible choice and can change Cadillac Escalade ESV yearly insurance costs for different age groups of insureds. The premium estimates are based on a married male driver, full physical damage coverage, and no discounts are applied to the premium.

How violations and accidents impact rates

The example below illustrates how violations and at-fault collisions increase Cadillac Escalade ESV car insurance costs for different insured age categories. The premiums assume a married female driver, full coverage, $1,000 deductibles, and no discounts are factored in.

Three reasons insurance is important

Despite the potentially high cost of Cadillac Escalade ESV insurance, paying for insurance serves a purpose in several ways.

The benefits of carrying adequate insurance greatly outweigh the cost, particularly for liability claims. Unknowingly, the average driver is overpaying more than $869 every year so it’s recommended you shop around once a year at a minimum to help ensure money is not being wasted.

The Cadillac Escalade ESV Insurance Premium Equation

Many factors are used when you get your auto insurance bill. Some are pretty understandable such as traffic violations, but others are more obscure such as your credit history or how financially stable you are.

Teenage drivers pay more – Teen drivers in Hawaii tend to be more careless in a vehicle therefore car insurance rates are much higher. More mature drivers are more responsible, are lower risk to insure, and are generally more financially stable.

The following data assumes a single driver, full coverage with $250 deductibles, and no discounts or violations.

More than one policy can earn a discount – Most major insurers apply lower prices to policyholders that purchase more than one policy, otherwise known as a multi-policy discount. Even if you qualify for this discount already, consumers should still check prices from other companies to confirm you are receiving the best rates possible. It’s possible to still save even more than the discount by buying insurance from more than one company.

Premiums may be higher where you live – Residing in less populated areas is a good thing when buying car insurance. Urban drivers have more aggressive driving styles and longer commutes to work. Lower population means reduced accidents and also fewer theft and vandalism claims.

Is car insurance cheaper for males or females? – Statistics demonstrate females are less aggressive when driving. Now that doesn’t mean men are worse drivers. Both genders are in at-fault accidents in similar percentages, but the men cause more damage and cost insurance companies more money. Not only that, but men also get cited for more serious violations such as driving while intoxicated (DWI) or driving recklessly. Males from age 16 to 21 generally have the highest accident percentage and therefore have the most expensive car insurance rates.

The diagram below shows the difference between Cadillac Escalade ESV car insurance costs for male and female drivers. The data is based on a clean driving record, no at-fault accidents, comp and collision included, $1,000 deductibles, marital status is single, and no policy discounts are applied.

High performance equals high prices – The type of vehicle you need to insure makes a huge difference in how high your rates are. The cheapest insurance rates will generally be found on lower cost passenger vehicles, but there are many factors that impact the final cost.

The data below is based on a married female driver age 30, full coverage with $1000 deductibles, and no discounts or violations. The data compares Cadillac Escalade ESV car insurance rates compared to other models of vehicles that have a range of performance risks.

Never let your car insurance lapse – Allowing your car insurance policy to lapse is a fast way to increase your rates. And not only will insurance be more expensive, not being able to provide proof of insurance will get you a license revocation or jail time.

Is your vehicle theft-ready? – Choosing a vehicle that has an advanced theft prevention system can save you some money. Anti-theft features such as OnStar, LoJack tracking, and tamper alarms help track and prevent car theft and help bring rates down.

Cadillac Escalade ESV statistical loss data – Companies study historical loss data to help set a rate to offset losses. Vehicles that are shown to have higher losses will cost more for specific coverages. The table shown below demonstrates the historical insurance loss data for Cadillac Escalade ESV vehicles.

For each policy coverage, the claim amount for all vehicles averaged together is represented as 100. Percentage numbers below 100 are indicative of better than average losses, while values that are above 100 indicate more frequent claims or an increased chance of larger losses than average.

Cadillac Escalade ESV Insurance Claim Statistics
Vehicle Model Collision Property Damage Comp Personal Injury Medical Payment Bodily Injury
Cadillac Escalade ESV 4dr 2WD 124
Cadillac Escalade ESV 4dr 4WD 123 106 155

Empty fields indicate not enough data collected
Statistics Source: Insurance Institute for Highway Safety for 2013-2015 Model Years

Don’t overlook these Cadillac Escalade ESV insurance discounts

Car insurance is not cheap nor is it fun to buy but there are discounts available that many people don’t even know exist. Larger premium reductions will be automatically applied when you purchase, but some need to be asked for before being credited. If you don’t get every credit you deserve, you’re just leaving money on the table.Car insurance discounts

Please keep in mind that some credits don’t apply to all coverage premiums. Most cut specific coverage prices like liability, collision or medical payments. So even though it sounds like you could get a free car insurance policy, it doesn’t quite work that way.

The diagram below shows the comparison of Cadillac Escalade ESV insurance premiums with and without discounts being applied to the rates. The price estimates are based on a female driver, no claims or violations, Hawaii state minimum liability limits, comp and collision included, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with safe-driver, marriage, homeowner, claim-free, multi-car, and multi-policy discounts applied.

If you would like to view car insurance companies with discount rates in Honolulu, follow this link.

Auto insurance quotes from local neighborhood Honolulu car insurance agents

Some people prefer to visit with an insurance agent and doing so can bring peace of mind An additional benefit of comparing auto insurance online is you can get cheap auto insurance rates and also buy local.

Insurance agency in HonoluluTo find an agent, once you fill out this form (opens in new window), your information is transmitted to local insurance agents in Honolulu that can provide free Honolulu car insurance quotes for your auto insurance coverage. It simplifies rate comparisons since you won’t have to find an agent because quoted prices will be sent to you instantly. You can find lower rates without a big time investment. If you want to quote rates from one company in particular, you just need to search and find their rate quote page and complete a quote there.

Selecting an insurer shouldn’t rely on just the quoted price. Below are some questions you should ask.

If you are wanting to purchase auto insurance from a reliable insurance agent, it helps to know the two different types of agents and how they work. Insurance agencies in Honolulu can either be independent or exclusive.

Exclusive Insurance Agencies

These type of agents normally can only provide a single company’s rates and examples are Allstate, State Farm and Farm Bureau. They generally cannot compare rates from other companies so always compare other rates. They receive a lot of sales training on their company’s products which helps them sell insurance even at higher premiums. Consumers often use the same exclusive agent partially due to the prominent brand name rather than low rates.

Below is a short list of exclusive insurance agents in Honolulu who can help you get comparison quotes.

More insurance agents

Independent Auto Insurance Agents

Agents of this type are appointed with more than one company and that gives them the ability to insure with a variety of different insurance companies and find you cheaper rates. If prices rise, the agent simply finds a different carrier which is easy for the insured. If you are comparing auto insurance prices, you will want to compare quotes from several independent insurance agents so that you can do a thorough price comparison. Many can place coverage with different regional companies that can offer cheaper rates than bigger companies.

Below are independent insurance agencies in Honolulu who can help you get rate quotes.

More insurance agents

After getting positive feedback to your questions as well as offering an affordable quote, chances are good that you have found an insurance agent that can properly insure your vehicles. Just keep in mind you have the power to terminate coverage when you choose so never assume that you are obligated to a specific agent indefinitely.

Best car insurance in Hawaii

Insuring your vehicle with a high-quality insurance company is difficult considering how many companies provide coverage in Hawaii. The information in the lists below could help you choose which auto insurers you want to consider putting your business with.

Top 10 Honolulu Car Insurance Companies Ranked by Customer Service

  1. State Farm
  2. GEICO
  3. The Hartford
  4. Progressive
  5. Allstate
  6. American Family
  7. AAA Insurance
  8. Nationwide
  9. Liberty Mutual
  10. Farmers Insurance

Top 10 Honolulu Car Insurance Companies Overall

  1. USAA
  2. American Family
  3. State Farm
  4. The Hartford
  5. AAA Insurance
  6. GEICO
  7. Progressive
  8. Allstate
  9. Nationwide
  10. Liberty Mutual

Compare but don’t skimp

Budget-conscious Cadillac Escalade ESV insurance is definitely available online in addition to local insurance agencies, so get free Honolulu car insurance quotes from both of them to have the best rate selection. Some insurance companies don’t offer the ability to get quotes online and these smaller providers only sell through independent insurance agencies.

You just learned quite a bit of information on how to get a better price on Cadillac Escalade ESV insurance in Honolulu. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. Drivers may even discover the best premium rates are with an unexpected company.

As you go through the steps to switch your coverage, don’t be tempted to sacrifice coverage to reduce premiums. Too many times, someone sacrificed full coverage only to find out that they should have had better coverage. Your goal is to buy the best coverage you can find at the best price, but do not skimp to save money.

More tips and info about auto insurance is available at these sites: