The best way we recommend to get the cheapest Cadillac SRX insurance in Omaha is to start comparing prices yearly from different companies that insure vehicles in Nebraska. This can be done by following these guidelines.
- Learn about how auto insurance works and the measures you can take to keep rates low. Many factors that increase rates such as accidents, traffic violations, and a substandard credit score can be rectified by making minor changes to your lifestyle. Continue reading for more details to prevent expensive rate increases and find missing discounts.
- Quote rates from direct, independent, and exclusive agents. Exclusive agents and direct companies can only give prices from one company like GEICO or State Farm, while independent agents can provide rate quotes from multiple insurance companies. Start a quote
- Compare the new rate quotes to your existing rates to see if a cheaper price is available in Omaha. If you find better rates, make sure there is no coverage gap between policies.
- Provide notification to your current company to cancel your existing policy. Submit a completed application and payment to your new carrier. As soon as you have the new policy, keep the new certificate of insurance in an easily accessible location in your vehicle.
A good tip to remember is to try to use identical coverage information on every price quote and and to look at as many companies as feasibly possible. This helps ensure a fair rate comparison and the best price selection.
Sadly, over 70% of consumers have bought auto insurance from the same company for four years or more, and just under half have never even compared rates from other companies. Most drivers in Nebraska could save themselves nearly $400 a year by just comparing quotes, but they assume it’s a waste of time to compare rates and save money.
Getting a cheaper price on Cadillac SRX insurance is a great way to save money. All you need to do is take the time to compare rate quotes from some recommended companies.
It’s so fast and easy to compare rates online that it makes it a waste of time to drive around to different Omaha agent offices. The ability to get quotes online makes this process obsolete unless you require the guidance that only an agent can give. You can, however, compare online quotes and still use a local agent.
The companies shown below are ready to provide free rate quotes in Nebraska. If multiple companies are listed, we recommend you visit two to three different companies to get the cheapest price.
Cadillac SRX coverage statistics
The coverage information below covers detailed analysis of insurance coverage prices for Cadillac SRX models. Learning as much as possible about how auto insurance premiums are figured is important to be able to make smart choices when selecting a coverage provider.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SRX 2WD | $286 | $632 | $362 | $22 | $108 | $1,410 | $118 |
| SRX Luxury 2WD | $286 | $726 | $362 | $22 | $108 | $1,504 | $125 |
| SRX Luxury AWD | $286 | $726 | $362 | $22 | $108 | $1,504 | $125 |
| SRX Performance 2WD | $318 | $726 | $362 | $22 | $108 | $1,536 | $128 |
| SRX Performance AWD | $318 | $726 | $362 | $22 | $108 | $1,536 | $128 |
| SRX Premium 2WD | $318 | $726 | $362 | $22 | $108 | $1,536 | $128 |
| SRX Premium AWD | $318 | $726 | $362 | $22 | $108 | $1,536 | $128 |
| Get Your Own Custom Quote Go | |||||||
Table data assumes single male driver age 40, no speeding tickets, no at-fault accidents, $100 deductibles, and Nebraska minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, claim-free, and safe-driver. Rates do not factor in specific zip code location which can raise or lower price quotes substantially.
Where to set your deductibles
When comparing auto insurance rates, the most common question is what deductibles to buy. The comparisons below summarize the rate differences when you choose different policy deductibles. The first data table uses a $250 deductible for comprehensive and collision coverage and the second pricing table uses a $500 deductible.
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SRX 2WD | $262 | $460 | $300 | $18 | $90 | $1,155 | $96 |
| SRX Luxury 2WD | $262 | $530 | $300 | $18 | $90 | $1,225 | $102 |
| SRX Luxury AWD | $262 | $530 | $300 | $18 | $90 | $1,225 | $102 |
| SRX Performance 2WD | $292 | $530 | $300 | $18 | $90 | $1,255 | $105 |
| SRX Performance AWD | $292 | $530 | $300 | $18 | $90 | $1,255 | $105 |
| SRX Premium 2WD | $292 | $530 | $300 | $18 | $90 | $1,255 | $105 |
| SRX Premium AWD | $292 | $530 | $300 | $18 | $90 | $1,255 | $105 |
| Get Your Own Custom Quote Go | |||||||
| Model | Comp | Collision | Liability | Medical | UM/UIM | Annual Premium | Monthly Premium |
|---|---|---|---|---|---|---|---|
| SRX 2WD | $212 | $370 | $300 | $18 | $90 | $990 | $83 |
| SRX Luxury 2WD | $212 | $428 | $300 | $18 | $90 | $1,048 | $87 |
| SRX Luxury AWD | $212 | $428 | $300 | $18 | $90 | $1,048 | $87 |
| SRX Performance 2WD | $236 | $428 | $300 | $18 | $90 | $1,072 | $89 |
| SRX Performance AWD | $236 | $428 | $300 | $18 | $90 | $1,072 | $89 |
| SRX Premium 2WD | $236 | $428 | $300 | $18 | $90 | $1,072 | $89 |
| SRX Premium AWD | $236 | $428 | $300 | $18 | $90 | $1,072 | $89 |
| Get Your Own Custom Quote Go | |||||||
Prices based on married male driver age 30, no speeding tickets, no at-fault accidents, and Nebraska minimum liability limits. Discounts applied include homeowner, claim-free, multi-policy, multi-vehicle, and safe-driver. Rate information does not factor in vehicle garaging location which can revise prices substantially.
Based on the data above, we can derive that using a $250 deductible will cost in the ballpark of $15 more each month or $180 annually than choosing the higher $500 deductible. Because you would be required to pay $250 more if you file a claim with a $500 deductible as compared to a $250 deductible, if you tend to have at a minimum 17 months between claims, you would probably be better off if you opt for a higher deductible. Below is how this decision is made.
| Average monthly premium for $250 deductibles: | $103 |
| Average monthly premium for $500 deductibles (subtract): | – $88 |
| Monthly savings from raising deductible: | $15 |
| Difference between deductibles ($500 – $250): | $250 |
| Divide difference by monthly savings: | $250 / $15 |
| Number of months required between physical damage coverage claims in order to save money by choosing the higher deductible | 17 months |
The example below demonstrates how deductible levels and can affect Cadillac SRX insurance costs for different age groups. The premiums are based on a married female driver, full physical damage coverage, and no discounts are factored in.
Full coverage or liability only
The illustration below visualizes the comparison of Cadillac SRX insurance costs when comparing full coverage to state minimum liability only. The information is based on no claims or driving violations, $1,000 deductibles, single status, and no additional discounts are factored in.
When to switch to liability coverage only
There isn’t a steadfast formula to stop paying for full coverage on your policy, but there is a general guideline. If the annual cost of your full coverage insurance is more than about 10% of replacement cost minus your deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your Cadillac SRX settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $4,000 after the deductible is paid. If it’s costing you more than $400 a year for comprehensive and collision coverage, then you may need to consider dropping full coverage.
There are some cases where dropping physical damage coverage is not a good plan. If you still owe a portion of the original loan, you have to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle if your current one is damaged, you should keep full coverage.
Auto insurance does more than just protect your car
Despite the potentially high cost of Cadillac SRX insurance, insurance may be required and benefits you in several ways.
First, most states have mandatory insurance requirements which means you are required to buy a specific minimum amount of liability in order to be legal. In Nebraska these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if your car has a loan, almost all lenders will have a requirement that you buy insurance to guarantee their interest in the vehicle. If coverage lapses or is canceled, the bank may buy a policy for your Cadillac for a much higher rate and force you to pay for the much more expensive policy.
Third, insurance protects not only your Cadillac but also your financial assets. It will also reimburse you for medical transport and hospital expenses for you, any passengers, and anyone injured in an accident. As part of your policy, liability insurance also covers all legal expenses up to the policy limit if you are sued as the result of your driving. If mother nature or an accident damages your car, comprehensive and collision coverage will cover the repair costs.
The benefits of insuring your car are definitely more than the cost, especially if you ever need it. The average driver in America is overpaying over $700 annually so shop around each time the policy renews to ensure rates are competitive.
Why Your Insurance Costs might be higher
One of the most helpful ways to save on car insurance is to to have a grasp of some of the elements that aid in calculating the price you pay for car insurance. If you know what positively or negatively impacts your premiums, this allows you to make good choices that may result in lower premium levels. Lots of things are taken into consideration when you get your auto insurance bill. A few of the factors are predictable such as your driving record, but other criteria are not quite as obvious such as your credit history or how financially stable you are.
The itemized list below are some of the most common factors companies use to determine premiums.
File car insurance claims and pay more – If you file a lot of claims you can look forward to increased rates or even have your policy non-renewed. Insurance companies in Nebraska provide cheaper rates to drivers who only file infrequent claims. Insurance coverage is designed for the bigger claims that can’t be paid out-of-pocket.
Theft deterrents lower rates – Purchasing a vehicle with a theft deterrent system can get you a discount on your car insurance. Theft deterrent systems like OnStar found on GM vehicles, advanced tracking like LoJack, and vehicle immobilization systems all help stop car theft and help bring rates down.
Save money with excellent credit – Having a bad credit rating will be a significant factor in determining what you pay. Drivers with high credit ratings tend to be more responsible than drivers who have poor credit. If your credit is low, you may save money insuring your Cadillac SRX if you improve your credit rating.
Adjust comp and collision deductibles and save – Physical damage insurance, aka comp and collision, covers your vehicle from damage. Some coverage claims are collision with another vehicle, flood damage, or theft. Physical damage deductibles state the amount of money you are willing to pay out-of-pocket in the event of a claim. The more of the claim you’re willing to pay, the less money you will pay for car insurance.
More performance means more cost – The performance of the car, truck or SUV you are trying to find cheaper insurance for makes a significant difference in how high your rates are. The best insurance prices are usually found on the lowest performance passenger cars, but other factors influence the final cost greatly.
The following chart is based on a single female driver age 40, full coverage with $500 deductibles, and no discounts or violations. The data compares Cadillac SRX policy rates compared to other makes and models that have a range of performances.
Females pay lower premiums – Statistics have proven females are less aggressive when driving. It does not mean men are WORSE drivers than women. Men and women are responsible for accidents at about the same rate, but men cause more damage. In addition to higher claims, males also receive more costly citations like driving under the influence (DUI).
The diagram below compares Cadillac SRX insurance costs for male and female drivers. Data assumes a clean driving record, no claims, full coverage, $500 deductibles, single status, and no additional discounts are factored in.
Prices and your address – Having an address in a small town has it’s advantages when trying to find low car insurance rates. Lower population corresponds to lower accident rates and a lower car theft rate. People who live in big cities have to deal with more aggressive driving styles and more time behind the wheel. More time commuting means a statistically higher chance of an accident.
Liability protection limits on your policy – Your car insurance policy’s liability coverage will protect you in the event that you are determined to be liable for damages from an accident. It provides you with a defense in court to defend your case. It is affordable coverage when compared to the cost of physical damage coverage, so buy as much as you can afford.
Cadillac SRX historical loss data – Companies study historical loss data to help calculate a profitable premium rate. Vehicles that are shown to have increased claim numbers or amounts will have higher rates. The next table shows the insurance loss data for Cadillac SRX vehicles.
For each policy coverage, the loss probability for all vehicles, regardless of make, model or trim level, is set at 100. Numbers below 100 imply a favorable loss record, while values that are above 100 indicate more frequent losses or larger claims.
| 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 |
Statistics from IIHS.org for 2013-2015 Model Years
Discounts mean cheaper rates for Cadillac SRX insurance in Omaha
Companies do not advertise every discount available in an easy-to-find place, so we break down a few of the more common and the more hidden credits available to you. If you do not check that you are getting every discount available, you could be getting lower rates.
- One Accident Forgiven – This one isn’t a discount, but certain companies allow you one accident without getting socked with a rate hike so long as you haven’t had any claims for a particular time prior to the accident.
- Data Collection Discounts – Drivers who elect to allow their car insurance company to study driving manner by using a telematics device such as In-Drive from State Farm or Allstate’s Drivewise system could see a rate decrease as long as they are good drivers.
- Discounts for Federal Employees – Federal government employees may qualify for a discount when you quote Omaha auto insurance with a few car insurance companies.
- Seat Belts Save – Drivers who require all occupants to buckle up before driving could save 15% off the PIP or medical payment premium.
- Student Driver Training – Require your teen driver to participate in a local driver’s education class as it can save substantially.
- Anti-theft System – Vehicles equipped with anti-theft or alarm systems are less likely to be stolen and will qualify for a discount on a Omaha auto insurance quote.
One thing to note about discounts is that some credits don’t apply to the entire cost. Some only apply to specific coverage prices like comprehensive or collision. So even though you would think all the discounts add up to a free policy, companies wouldn’t make money that way.
The diagram below visualizes the comparison of Cadillac SRX car insurance costs with and without discounts applied to the premium. The rate quotes are based on a female driver, no accidents, no driving violations, Nebraska state minimum liability limits, comprehensive and collision coverage, and $100 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with multi-policy, homeowner, marriage, multi-car, safe-driver, and claim-free discounts applied.
Larger car insurance companies and a partial list of their discounts can be found below.
- State Farm discounts include Steer Clear safe driver discount, accident-free, good student, multiple policy, and student away at school.
- Progressive may have discounts that include continuous coverage, homeowner, multi-vehicle, online signing, and online quote discount.
- Progressive has discounts for homeowner, online quote discount, continuous coverage, multi-vehicle, online signing, and good student.
- MetLife may offer discounts for multi-policy, good student, good driver, accident-free, defensive driver, claim-free
- Farm Bureau includes discounts for youthful driver, good student, multi-policy, driver training, renewal discount, and 55 and retired.
- GEICO policyholders can earn discounts including air bags, federal employee, membership and employees, good student, and anti-lock brakes.
- SAFECO may include discounts for accident prevention training, homeowner, teen safety rewards, bundle discounts, and multi-car.
Before you buy a policy, ask all companies you are considering what discounts are available to you. Some credits might not apply in Omaha. For a list of providers that offer discounts in Omaha, click here.
When do I need an agent’s advice?
When it comes to buying the right insurance coverage for your vehicles, there really isn’t a best way to insure your cars. You are unique and your auto insurance should be unique as well.
For instance, these questions may help you determine whether or not you might need an agent’s assistance.
- Do I need roadside assistance coverage?
- I have a DUI can I still get coverage?
- When should I remove comp and collision on my Cadillac SRX?
- Is my teenager covered with friends in the car?
- Am I covered when driving on a suspended license?
- Is extra glass coverage worth it?
If it’s difficult to answer those questions but you think they might apply to your situation, then you may want to think about talking to a licensed insurance agent. If you don’t have a local agent, complete this form or you can go here for a list of companies in your area. It is quick, free and can help protect your family.
Neighborhood insurance agents
A lot of people would prefer to buy from a local agent and that is not a bad decision Good insurance agents can help determine the best coverages and help you file claims. One of the benefits of comparing insurance prices online is the fact that drivers can get cheaper rates and still choose a local agent.
After completing this simple form, your insurance coverage information is immediately sent to local insurance agents who can give free rate quotes for your coverage. It simplifies rate comparisons since you won’t have to even leave your home as quotes are delivered to you. If you wish to get a price quote from a specific insurance company, you would need to jump over to their website and fill out their quote form.
Choosing an provider should depend on more than just a cheap price quote. Get answers to these questions too.
- How long has the business existed?
- Is the agency covered by Errors and Omissions coverage?
- How much training do they have in personal risk management?
- Can you contact them at any time?
- Does the company use OEM repair parts?
Listed below is a short list of car insurance companies in Omaha that can give you price quotes for Cadillac SRX insurance in Omaha.
State Farm Insurance: Cory Juma
15665 Harrison St K – Omaha, NE 68136 – (402) 891-6161 – View Map
State Farm® insurance – Beau Iske
13829 Millard Ave – Omaha, NE 68137 – (402) 895-4424 – View Map
Omaha Insurance Services, Inc.
11132 O St – Omaha, NE 68137 – (402) 592-4455 – View Map
Anthony Anderson – State Farm Insurance Agent
11204 Davenport St #200 – Omaha, NE 68154 – (402) 393-0300 – View Map
How to find a good Omaha car insurance company
Buying coverage from the highest-rated insurer is hard considering how many companies there are to choose from in Omaha. The company ratings below may help you select which car insurance providers you want to consider when looking for cheaper rates.
Top 10 Omaha Car Insurance Companies Ranked by Value
- USAA
- GEICO
- AAA Insurance
- State Farm
- Liberty Mutual
- Allstate
- Safeco Insurance
- 21st Century
- Travelers
- Titan Insurance
Cheap insurance rates are available
When shopping online for insurance, never reduce coverage to reduce premium. There have been many situations where an insured cut uninsured motorist or liability limits and found out when filing a claim that it was a big error on their part. Your goal should be to find the BEST coverage at the best possible price, but do not sacrifice coverage to save money.
Some insurance companies do not provide rates over the internet and many times these smaller companies provide coverage only through independent agents. Affordable Cadillac SRX insurance in Omaha is definitely available from both online companies in addition to local insurance agencies, so you should be comparing quotes from both to get a complete price analysis.
Much more information about insurance in Nebraska can be read at these links:
- Protect Yourself Against Auto Theft (Insurance Information Institute)
- How Much is Omaha Auto Insurance for High Mileage Drivers? (FAQ)
- What Car Insurance is Cheapest for a Hyundai Elantra in Omaha? (FAQ)
- What Insurance is Cheapest for a GMC Acadia in Omaha? (FAQ)
- Who Has the Cheapest Car Insurance for a 20 Year Old Female in Omaha? (FAQ)
- Who Has Cheap Auto Insurance Quotes for Infrequent Drivers in Omaha? (FAQ)
- Think You’re a Safe Driver? (State Farm)
- Event Data Recorders FAQ (iihs.org)
- What is Covered by an Auto Insurance Policy? (Insurance Information Institute)
- Steps to Take After an Auto Accident (Insurance Information Institute)