Unthinkable but true, most auto insurance buyers have been with the same company for more than four years, and approximately 40% of consumers have never even compared rates from other companies. Many drivers in New York could save about 45% each year by just shopping around, but they just feel it’s too hard to do a rate comparison.
If your goal is the lowest price, then the best way to find cheaper Cadillac SRX insurance in Buffalo is to regularly compare prices from different companies in New York. Prices can be compared by following these guidelines.
- Get an understanding of auto insurance and the measures you can control to keep rates low. Many factors that increase rates like careless driving and a less-than-favorable credit score can be rectified by making minor changes in your lifestyle.
- Compare rates from direct, independent, and exclusive agents. Exclusive and direct companies can only quote rates from one company like GEICO and State Farm, while independent agents can provide prices from multiple sources.
- Compare the new rate quotes to your current policy and see if there is a cheaper rate. If you find better rates, verify that coverage does not lapse between policies.
- Tell your current agent or company to cancel the current policy. Submit a signed application and payment for your new coverage. As soon as you can, store the proof of insurance paperwork with your vehicle’s registration.
A valuable tip to remember is that you’ll want to compare similar deductibles and liability limits on every quote and and to look at every insurance company. This ensures a fair price comparison and many rates to choose from.
If you have coverage now, you will definitely be able to buy cheaper insurance using the concepts you’re about to learn. Buying the cheapest insurance in Buffalo is not rocket science. But New York consumers do need to learn how big insurance companies calculate your insurance rates because rates fluctuate considerably.
When comparison shopping, there are several ways to get quotes from companies that offer car insurance in New York. The easiest way to lower the rate you pay for insurance involves getting comparison quotes online.
It’s so fast and easy to compare rate quotes online that it replaces the need to waste gas driving to insurance agents’ offices. Quoting Cadillac SRX insurance online can eliminate the need for a local agent unless you want the professional assistance only provided by licensed Buffalo agents. If you prefer, some companies allow you to find lower rates online and get advice from an agent in your area. When comparing car insurance rates, know that making a lot of price comparisons will increase your chances of finding more affordable insurance. Not every company allows you to get online Buffalo SRX insurance quotes, so it’s important to also get prices from those companies as well.
The providers in the list below have been selected to offer free rate quotes in Buffalo, NY. If multiple companies are listed, we recommend you get price quotes from several of them to get a more complete price comparison.
Get discounts to get affordable Buffalo insurance quotes
Car insurance can cost a lot, but you may be missing some discounts to help bring down the price. Certain discounts will be applied at the time of quoting, but once in a while a discount must be inquired about before you will receive the discount.
- Professional Memberships – Affiliation with a professional or civic organization may earn a discount when shopping for insurance.
- Responsible Driver Discounts – Insureds who avoid accidents could pay up to 40% less as compared to drivers with claims.
- Good Students Pay Less – Maintaining excellent grades can earn a discount of 20% or more. Most companies allow this discount well after school through age 25.
- Policy Bundle Discount – When you combine your auto and homeowners insurance and insure them with the same company you may save at least 10% off all policies.
- Government Employees – Being employed by or retired from a federal job can save as much as 8% with certain companies.
- Driver’s Ed – Reduce the cost of insurance for teen drivers by having them enroll and complete driver’s education in school.
- Fewer Miles Equal More Savings – Low mileage vehicles could be rewarded with slightly better rates than normal.
Drivers should understand that many deductions do not apply to the entire cost. Most only apply to specific coverage prices like collision or personal injury protection. So even though they make it sound like you can get free auto insurance, it just doesn’t work that way.
The chart below compares Cadillac SRX insurance costs with and without discounts applied to the policy premium. The data assumes a female driver, no accidents or driving violations, New York state minimum liability limits, comprehensive and collision coverage, and $1,000 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with marriage, homeowner, safe-driver, multi-policy, claim-free, and multi-car discounts applied.
If you would like to choose from a list of providers with the best discounts in New York, click this link.
Coverage analysis
The coverage information below outlines detailed analysis of rate quotes for Cadillac SRX models. Having knowledge of how insurance policy premiums are calculated can help drivers make smart choices when selecting a policy.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SRX 2WD | $222 | $458 | $344 | $20 | $104 | $1,148 | $96 |
| SRX Luxury 2WD | $222 | $528 | $344 | $20 | $104 | $1,218 | $102 |
| SRX Luxury AWD | $222 | $528 | $344 | $20 | $104 | $1,218 | $102 |
| SRX Performance 2WD | $246 | $528 | $344 | $20 | $104 | $1,242 | $104 |
| SRX Performance AWD | $246 | $528 | $344 | $20 | $104 | $1,242 | $104 |
| SRX Premium 2WD | $246 | $528 | $344 | $20 | $104 | $1,242 | $104 |
| SRX Premium AWD | $246 | $528 | $344 | $20 | $104 | $1,242 | $104 |
| Get Your Own Custom Quote Go | |||||||
Cost estimates assume single female driver age 40, no speeding tickets, no at-fault accidents, $250 deductibles, and New York minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, claim-free, and multi-vehicle. Information does not factor in vehicle garaging location which can revise coverage rates significantly.
Premiums by gender and age
The chart below shows the comparison of Cadillac SRX auto insurance rates for male and female drivers. The rate quotes are based on no violations or accidents, full physical damage coverage, $250 deductibles, drivers are single, and no discounts are applied to the premium.
How much more does full coverage cost in Buffalo?
The chart below visualizes the comparison of Cadillac SRX premium costs with full coverage compared to only the New York minimum liability coverage. The price estimates are based on no driving violations, no at-fault accidents, $100 deductibles, single status, and no other discounts are factored in.
When to stop buying full coverage
There isn’t a written rule to stop paying for physical damage coverage on your policy, but there is a guideline you can consider. If the yearly cost of comp and collision coverage is 10% or more of the vehicle’s replacement cost less your deductible, then you might consider buying liability only.
For example, let’s say your Cadillac SRX claim settlement value is $6,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $5,000 after the policy deductible has been paid. If it’s costing you more than $500 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.
There are some scenarios where eliminating full coverage is not recommended. If you still owe money on your vehicle, you have to keep full coverage to protect the lienholder’s interest in the vehicle. Also, if you don’t have enough money to buy a different vehicle if your current one is damaged, you should not buy liability only.
Local insurance agents
Certain consumers just want to visit with an insurance agent and doing that can be a smart decision A nice benefit of comparing insurance prices online is that you can find better rates and still choose a local agent.
To find an agent, once you fill out this form (opens in new window), your coverage information gets sent to insurance agents in Buffalo that can give you free Buffalo car insurance quotes to get your business. There is no need to contact any agents as quotes are delivered to you instantly. You can find better rates AND an agent nearby. If for some reason you want to get a rate quote from a specific insurance company, you just need to jump over to their website to submit a rate quote request.
Deciding on a company needs to be determined by more than just the bottom line cost. Any agent in Buffalo should have no problem answering these questions:
- What insurance companies do they recommend if they are an independent agent?
- What will you get paid if your car is a total loss? How is that amount determined?
- Do they feel the quoted coverages are adequate?
- Do they prorate repair cost based on vehicle mileage?
- Are there any hidden costs in their price quote and does it include driving and credit history?
- How long have they worked with personal auto insurance coverage?
Insurance agent types
If you are wanting to purchase insurance from a good Buffalo insurance agent, it’s important to understand the types of agencies and how they are distinctly different. Insurance agents in Buffalo can either be exclusive agents or independent agents.
Exclusive Insurance Agencies
Exclusive agencies can only place business with one company such as Allstate, State Farm and Farm Bureau. Exclusive agents cannot compare other company’s rates so they have no alternatives for high prices. They are very knowledgeable on their company’s products which can be an advantage.
The following is a short list of exclusive insurance agents in Buffalo who can help you get comparison quotes.
Farmers Insurance – Toni Du Bois
2460 Main St – Buffalo, NY 14214 – (716) 931-5200 – View Map
Joe Czaja – State Farm Insurance Agent
1021 Union Rd – Buffalo, NY 14224 – (716) 674-3654 – View Map
GEICO Insurance Agent
3835 McKinley Pkwy #2 – Buffalo, NY 14219 – (716) 604-0345 – View Map
Independent Insurance Agencies
Agents that choose to be independent can sell policies from many different companies and that gives them the ability to insure through many different insurance companies and get the cheapest rates. If you are not satisfied with one company, your policy is moved internally and you won’t have to switch agencies.
When comparing insurance rates, you should always include price quotes from independent agents in order to have the best price comparison.
Below is a list of independent insurance agents in Buffalo that can give you price quotes.
The Byrne Insurance Agency Inc
480 Abbott Rd – Buffalo, NY 14220 – (716) 825-4100 – View Map
Senior American Insurance Agency Inc
2001 Niagara Falls Blvd # 10 – Buffalo, NY 14228 – (800) 332-7557 – View Map
GPA Insurance Inc
520 Lee Entrance # 120 – Buffalo, NY 14228 – (716) 681-1556 – View Map
After you get positive responses and locked in a price quote, you may have just found an insurance agent that is a good match to insure your vehicles. Keep in mind you are entitled to cancel your policy whenever you want so don’t think you are locked into the insurance policy with no way to switch.
Informed Drivers Can Slash Their Insurance Prices
Many things are part of the calculation when pricing auto insurance. A few of the factors are predictable like your driving record, although others are less apparent like your continuous coverage or your commute time.
The items below are a few of the things used by your company to calculate premiums.
Five star NHTSA crash test rating saves money – Cars with high safety ratings tend to have better insurance rates. The safest vehicles reduce occupant injuries and lower rates of occupant injuries translates into savings for insurance companies and thus lower rates. If your Cadillac SRX has ratings of a minimum an “acceptable” rating on the Insurance Institute for Highway Safety website or four stars on the National Highway Traffic Safety Administration website you may pay a lower rate.
Lower car insurance rates with alarm systems – Buying a car with a theft deterrent system can save you a little every year. Theft prevention devices like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop auto theft.
Performance makes a difference – The type of vehicle you need insurance for makes a big difference in your premium level. The lowest performance passenger models normally have pretty low rates, but other factors influence the final cost greatly.
The data below uses these variables: married female driver age 50, full coverage with $500 deductibles, and no discounts or violations. The data compares Cadillac SRX policy rates compared to other models of vehicles that have different performance rating factors.
Being married is a good thing – Having a wife or husband helps lower the price on your car insurance bill. Marriage generally demonstrates drivers are more mature than a single person and it’s proven that drivers who are married file infrequent claims.
Insurance loss data for Cadillac SRX vehicles – Insurance companies use data from past claims when determining insurance costs. Models that the data determines to have higher claim amounts or frequency will have higher rates for specific coverages. The next table illustrates the compiled insurance loss statistics for Cadillac SRX vehicles.
For each coverage type, the statistical loss for all vehicles, without regard to make or model, is represented as 100. Numbers under 100 suggest losses that are better than average, while percentages above 100 point to more losses or larger claims.
| Vehicle Make and Model | Collision | Property Damage | Comp | Personal Injury | Medical Payment | Bodily Injury |
|---|---|---|---|---|---|---|
| Cadillac SRX 4dr 2WD | 103 | 101 | 84 | 80 | 82 | 91 |
| Cadillac SRX 4dr 4WD | 109 | 106 | 103 | 78 | 75 | 83 |
Data Source: iihs.org (Insurance Institute for Highway Safety) for 2013-2015 Model Years
Insuring your Cadillac SRX just makes sense
Even though it’s not necessarily cheap to insure a Cadillac in Buffalo, maintaining insurance may be required and benefits you in several ways.
First, just about all states have minimum mandated liability insurance limits which means it is punishable by state law to not carry specific limits of liability insurance if you want to drive legally. In New York these limits are 25/50/10 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $10,000 of property damage coverage.
Second, if you took out a loan on your vehicle, it’s most likely the lender will require you to have insurance to ensure they get paid if you total the vehicle. If you cancel or allow the policy to lapse, the lender will be forced to insure your Cadillac for a much higher rate and force you to reimburse them for the much more expensive policy.
Third, insurance preserves not only your Cadillac SRX but also your financial assets. Insurance will pay for medical expenses for both you and anyone you injure as the result of an accident. Liability insurance also pays for attorney fees and expenses if anyone sues you for causing an accident. If your Cadillac gets damaged, your policy will cover the damage repairs after a deductible is paid.
The benefits of insuring your car outweigh the cost, especially if you ever need it. According to a recent study, the average American driver is overpaying more than $700 annually so you should quote rates every year to help ensure money is not being wasted.
A conclusion for your insurance search
In this article, we covered many tips how you can find cheap Cadillac SRX insurance in Buffalo. The key thing to remember is the more companies you get rates for, the better chance you’ll have of finding low cost Buffalo car insurance quotes. You may even be surprised to find that the best price on insurance is with a small local company. These smaller insurers may cover specific market segments cheaper than their larger competitors like State Farm and Allstate.
When you buy Buffalo car insurance online, it’s a bad idea to skimp on coverage in order to save money. Too many times, an insured dropped physical damage coverage only to discover later that it was a big error on their part. The proper strategy is to find the BEST coverage at a price you can afford but still have enough coverage for asset protection.
Lower-priced Cadillac SRX insurance in Buffalo is available on the web in addition to many Buffalo insurance agents, so you should compare both in order to have the best price selection to choose from. Some companies may not have online price quotes and usually these smaller companies prefer to sell through independent insurance agencies.
For more information, feel free to browse the following helpful articles:
- Alcohol Impaired Driving FAQ (iihs.org)
- How Much are Buffalo Car Insurance Quotes for a School Permit? (FAQ)
- Who Has the Cheapest Buffalo Car Insurance Rates for Low Income Drivers? (FAQ)
- Who Has the Cheapest Buffalo Car Insurance for High Risk Drivers? (FAQ)
- Safety Features for Your New Car (State Farm)
- Car Insurance: When not to Skimp (BankRate.com)