A study showed that most auto insurance buyers have purchased from the same company for over three years, and nearly half have never compared rate quotes at all. Drivers in Dallas could save $1,770 a year, but they won’t spend time to save money by comparing rate quotes.
If you want to save the most money, the best way to save on car insurance rates in Dallas is to start comparing prices regularly from companies in Texas.
- Gain an understanding of how auto insurance works and the measures you can take to lower rates. Many policy risk factors that cause high rates such as speeding tickets, careless driving and a less-than-favorable credit score can be controlled by making lifestyle changes or driving safer. Later in this article we will cover more information to help reduce premium rates and find discounts that may have been missed.
- Obtain price quotes from independent agents, exclusive agents, and direct companies. Exclusive and direct companies can only provide price estimates from one company like GEICO or Farmers Insurance, while independent agencies can provide rate quotes for a wide range of insurance providers.
- Compare the price quotes to your current policy and determine if there is any savings. If you can save some money and decide to switch, make sure coverage is continuous and does not lapse.
- Notify your company or agent of your decision to cancel your current car insurance policy. Submit the completed application along with a down payment for your new policy. When you receive it, safely store the proof of insurance paperwork in a readily accessible location in your vehicle.
One thing to remember is to use similar limits and deductibles on every quote and and to get price quotes from as many auto insurance providers as possible. This helps ensure the most accurate price comparison and a complete rate analysis.
If you have insurance now or just want to save money, follow these tips to shop for the lowest rates without reducing coverage. This article’s intent is to introduce you to how car insurance companies work. Smart buyers just have to know the best way to shop for insurance from many different companies online.
The companies shown below have been selected to offer price quotes in Dallas, TX. If multiple providers are shown, we recommend you visit as many as you can to get the best price comparison.
Rates and detailed analysis
The table shown below showcases detailed analysis of policy rates for Cadillac Escalade ESV models. Learning a little about how insurance policy rates are figured is important to be able to make decisions on the best policy to buy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| Escalade ESV 2WD | $268 | $414 | $388 | $24 | $116 | $1,210 | $101 |
| Escalade ESV 4WD | $268 | $414 | $388 | $24 | $116 | $1,210 | $101 |
| Escalade ESV Luxury Edition 2WD | $268 | $414 | $388 | $24 | $116 | $1,210 | $101 |
| Escalade ESV Premium Edition 2WD | $268 | $414 | $388 | $24 | $116 | $1,210 | $101 |
| Escalade ESV Luxury Edition 4WD | $268 | $414 | $388 | $24 | $116 | $1,210 | $101 |
| Escalade ESV Premium Edition 4WD | $290 | $470 | $388 | $24 | $116 | $1,288 | $107 |
| Escalade ESV Platinum Edition 2WD | $290 | $470 | $388 | $24 | $116 | $1,288 | $107 |
| Escalade ESV Platinum Edition 4WD | $290 | $470 | $388 | $24 | $116 | $1,288 | $107 |
| Get Your Own Custom Quote Go | |||||||
Above prices assume married female driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and Texas minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, multi-policy, and safe-driver. Premium amounts do not factor in your specific Dallas location which can affect insurance rates significantly.
Illustration showing the impact of accidents and violations
The information below illustrates how violations and accident claims can increase Cadillac Escalade ESV insurance rates for different age groups. The costs are based on a married male driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.
Rate comparison of men versus women
The chart below visualizes the comparison of Cadillac Escalade ESV car insurance costs for male and female drivers. The price estimates are based on no driving violations, no at-fault accidents, full coverage, $250 deductibles, single marital status, and no discounts are applied.
Comparison of full coverage and liability-only policies
The information below compares Cadillac Escalade ESV yearly insurance costs with and without full coverage. The premiums assume a clean driving record, no claims, $100 deductibles, marital status is single, and no discounts are applied.
When to stop buying full coverage
There is no set guideline to stop paying for physical damage coverage, but there is a general guideline. If the yearly cost of comp and collision coverage is 10% or more of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.
For example, let’s pretend your Cadillac Escalade ESV replacement value is $9,000 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most you would get paid by your company is $8,000 after paying your policy deductible. If it’s costing you more than $800 a year for comprehensive and collision coverage, then it might be time to buy liability only.
There are some scenarios where buying only liability insurance is not financially feasible. If you still owe a portion of the original loan, you must maintain physical damage coverage in order to prevent the bank from purchasing higher-priced coverage. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should keep full coverage in place.
Insurance does more than just protect your car
Despite the high insurance cost for a Cadillac Escalade ESV in Dallas, insurance is mandatory in Texas but it also protects more than you think.
First, the majority of states have mandatory liability insurance requirements which means you are required to buy a specific minimum amount of liability in order to be legal. In Texas these limits are 30/60/25 which means you must have $30,000 of bodily injury coverage per person, $60,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your Cadillac Escalade ESV has a loan, most banks will require you to have insurance to ensure the loan is repaid in case of a total loss. If you let the policy lapse, the bank or lender will purchase a policy for your Cadillac at a much higher rate and require you to pay for the expensive policy.
Third, insurance protects both your Cadillac Escalade ESV and your personal assets. It also can pay for many types of medical costs for you, your passengers, and anyone else injured in an accident. Liability insurance also covers all legal expenses up to the policy limit if you are named as a defendant in an auto accident. If your car is damaged in a storm or accident, collision and comprehensive coverages will pay to have it repaired.
The benefits of insuring your car more than offset the price you pay, specifically if you ever have a liability claim. Today the average American driver is overpaying more than $869 every year so you should quote your policy with other companies at every policy renewal to help ensure money is not being wasted.
Get cheaper Cadillac Escalade ESV insurance in Dallas with discounts
Companies that sell car insurance do not list the complete list of policy discounts very clearly, so the following list contains a few of the more well known as well as some of the hidden savings tricks you should be using when you buy Dallas auto insurance online.
- Senior Discount – Seniors may be able to get a small discount on rates.
- Seat Belt Usage – Drivers who require all occupants to wear their seat belts can save 10% or more on the premium charged for medical payments and/or PIP.
- Discounts for Cautious Drivers – Safe drivers can save up to 40% or more on their Dallas auto insurance quote than less cautious drivers.
- Theft Prevention Discount – Vehicles equipped with anti-theft or alarm systems can help prevent theft and that can save you a little bit as well.
- Good Student – Getting good grades may save you up to 25%. Most companies allow this discount until age 25.
- ABS and Traction Control Discounts – Vehicles that have steering control and anti-lock brakes prevent accidents so companies give up to a 10% discount.
- Government Employees – Active or former government employment may qualify for a discount when you quote Dallas auto insurance with a few insurance companies.
Keep in mind that most credits do not apply to the entire policy premium. A few only apply to specific coverage prices like liability and collision coverage. So even though it sounds like you can get free auto insurance, nobody gets a free ride.
The information below illustrates the difference between Cadillac Escalade ESV insurance premiums with and without discounts being applied to the rates. Data assumes a female driver, no violations or claims, Texas 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 marriage, multi-car, multi-policy, claim-free, homeowner, and safe-driver discounts applied.
Companies who may offer some of the above discounts include:
Double check with each company what discounts are available to you. Some of the earlier mentioned discounts may not apply in Dallas.
Compare rate quotes but buy from a local Dallas insurance agent
Some people just want to buy from a licensed agent. Licensed agents can point out coverage gaps and help in the event of a claim. An additional benefit of getting free rate quotes online is the fact that drivers can get cheap rate quotes but also keep your business local. Buying insurance from local insurance agents is important especially in Dallas.
After filling out this quick form, your information is transmitted to companies in Dallas who will give you quotes for your business. It makes it easy because there is no need to drive around since price quotes are sent to you. In the event you want to quote rates from a specific insurance provider, don’t hesitate to jump over to their website and give them your coverage information.
If you’re trying to find local Dallas agents, you should know the types of agencies and how they are slightly different. Agents in Dallas are either independent or exclusive. Either can write insurance policies, but it’s worth learning the difference between them because it can factor into your selection of an agent.
Independent Insurance Agencies
Agents in the independent channel are normally appointed by many insurers so they can quote policies through lots of different companies and find you cheaper rates. If they quote lower rates, your agent can switch companies which requires no work on your part.
If you are comparing insurance prices, you should always compare prices from at a minimum one independent agency so that you have a good selection of quotes to compare. A lot of them also have access to smaller companies which can be an advantage.
Featured below is a small list of independent agents in Dallas that can possibly get you free insurance quotes.
- Texas Insurance Pro
2695 Villa Creek Dr #175 – Dallas, TX 75234 – (214) 717-4326 – View Map - Eves Insurance Agency
1318 Pioneer Dr – Dallas, TX 75224 – (214) 941-1300 – View Map - Rodriguez Insurance Agency LLC
13111 N Central Expy Suite 8001 – Dallas, TX 75243 – (888) 797-1924 – View Map
Exclusive Agencies
Exclusive insurance agents generally can only insure with one company and some examples include Allstate, AAA, Farmers Insurance, and State Farm. These agents are unable to provide rate quotes from other companies so if the price isn’t competitive there isn’t much they can do. Exclusive agents are usually well trained on the products they sell which helps them sell on service rather than price. Some people will only buy from the same agent for years partially due to loyalty to the company rather than having low rates.
Shown below is a short list of exclusive insurance agencies in Dallas that are able to give price quote information.
- Marybel Castilleja – State Farm Insurance Agent
4444 W Jefferson Blvd Ste 620 – Dallas, TX 75211 – (214) 331-7680 – View Map - Phil Maxey – State Farm Insurance Agent
17304 Preston Rd Ste 125 – Dallas, TX 75252 – (972) 233-2222 – View Map - Todd Schara – State Farm Insurance Agent
516 S Hampton Rd #140 – Dallas, TX 75208 – (214) 943-7500 – View Map
Deciding on an car insurance agent should depend on more than just a cheap quote. These questions are important to ask:
- What are the financial ratings for the companies they represent?
- Does the agency have a good rating with the Better Business Bureau?
- Do they specialize in personal lines auto insurance in Dallas?
- Do they have 24-hour customer assistance?
- Can they give you a list of client referrals?
- Which insurance company do they prefer to write with?
Tailor your insurance coverage to you
When it comes to buying the right insurance coverage, there really is no perfect coverage plan. Your needs are not the same as everyone else’s.
For instance, these questions might point out whether you would benefit from professional advice.
- Do I really need UM/UIM coverage?
- Is my custom stereo system covered?
- When should I not buy collision coverage?
- Should I carry comprehensive and collision coverage?
- What does PIP insurance cover?
- Can my babysitter drive my car?
- Can I rent a car in Mexico?
- Does my Cadillac Escalade ESV qualify for pleasure use?
If you can’t answer these questions but you know they apply to you, you may need to chat with an agent. To find lower rates from a local agent, simply complete this short form. It’s fast, doesn’t cost anything and can provide invaluable advice.
Specifics of your auto insurance policy
Learning about specific coverages of a auto insurance policy can help you determine the right coverages at the best deductibles and correct limits. Policy terminology can be impossible to understand and nobody wants to actually read their policy.
Med pay and Personal Injury Protection (PIP)
Med pay and PIP coverage provide coverage for immediate expenses like pain medications, dental work, ambulance fees, EMT expenses and rehabilitation expenses. They are often used to cover expenses not covered by your health insurance program or if you are not covered by health insurance. They cover you and your occupants as well as if you are hit as a while walking down the street. PIP is not an option in every state but can be used in place of medical payments coverage
Comprehensive insurance
Comprehensive insurance coverage pays to fix your vehicle from damage that is not covered by collision coverage. A deductible will apply and then insurance will cover the rest of the damage.
Comprehensive coverage pays for claims like falling objects, a tree branch falling on your vehicle and hitting a bird. The highest amount you’ll receive from a claim is the actual cash value, so if it’s not worth much more than your deductible it’s not worth carrying full coverage.
Collision coverage
Collision insurance pays for damage to your Escalade ESV resulting from a collision with a stationary object or other vehicle. A deductible applies and the rest of the damage will be paid by collision coverage.
Collision coverage protects against things such as backing into a parked car, hitting a parking meter, scraping a guard rail, hitting a mailbox and rolling your car. Collision coverage makes up a good portion of your premium, so you might think about dropping it from older vehicles. It’s also possible to bump up the deductible on your Escalade ESV to bring the cost down.
Uninsured/Underinsured Motorist (UM/UIM)
This provides protection from other motorists when they do not carry enough liability coverage. It can pay for injuries sustained by your vehicle’s occupants as well as damage to your Cadillac Escalade ESV.
Since many Texas drivers only carry the minimum required liability limits (Texas limits are 30/60/25), their liability coverage can quickly be exhausted. For this reason, having high UM/UIM coverages is a good idea. Frequently these limits do not exceed the liability coverage limits.
Auto liability insurance
This coverage will cover damages or injuries you inflict on people or other property in an accident. This coverage protects you against claims from other people. It does not cover damage to your own property or vehicle.
It consists of three limits, bodily injury per person, bodily injury per accident and property damage. Your policy might show liability limits of 30/60/25 that translate to $30,000 bodily injury coverage, a limit of $60,000 in injury protection per accident, and a total limit of $25,000 for damage to vehicles and property. Some companies may use a combined limit which combines the three limits into one amount and claims can be made without the split limit restrictions.
Liability coverage pays for claims such as loss of income, structural damage, legal defense fees and medical services. How much liability coverage do you need? That is your choice, but you should buy as high a limit as you can afford. Texas requires drivers to carry at least 30/60/25 but you should think about purchasing more liability than the minimum.
The illustration below demonstrates why buying the state minimum limits may not provide adequate coverage.
Get the best coverage at the best price
We covered many ways to find cheap Cadillac Escalade ESV insurance in Dallas. The most important thing to understand is the more providers you compare, the higher your chance of finding affordable Cadillac Escalade ESV insurance quotes. Drivers may even discover the best prices are with a small mutual company.
As you go through the steps to switch your coverage, it’s a bad idea to reduce needed coverages to save money. In too many instances, someone sacrificed liability coverage limits and found out when filing a claim that the savings was not a smart move. Your goal is to buy the best coverage you can find at the lowest possible cost while not skimping on critical coverages.
Insureds switch companies for any number of reasons including an unsatisfactory settlement offer, delays in paying claims, poor customer service or even high rates after DUI convictions. Regardless of your reason for switching companies, switching companies is pretty easy and you might even save some money in the process.
For more information, take a look at the resources below:
- Older Drivers FAQ (iihs.org)
- What Insurance is Cheapest for Drivers Under 21 in Dallas? (FAQ)
- Who Has Cheap Auto Insurance for 17 Year Olds in Dallas? (FAQ)
- Who Has the Cheapest Auto Insurance for College Students in Dallas? (FAQ)
- Who Has Affordable Auto Insurance for a Chevrolet Malibu in Dallas? (FAQ)
- Who Has Cheap Auto Insurance for College Graduates in Dallas? (FAQ)
- Choosing a Car for Your Teen (State Farm)
- Rental Reimbursement Coverage (Allstate)