Cadillac STS-V Series ForumForum specifically for Cadillac STS-V series discussions. With 469 horsepower, this is the most powerful production Cadillac ever made.
In Dallas,TX. State Farm- 100K,300K, Liability / PIP / Other than collision with 100.00 deductible / 500.00 deductible on collision / towing / Rental car / Uninsured- Underinsured motorist - 50K, 100K / Property damage 25K.
6 month Premium is about 850.00
It helps to understand comparing insurance costs when you know how much and what type of coverage is being paid in the premium. One can raise or lower the cost by changing how much is covered or the deductible on the policy, also where the coverage is at. Areas with high accident rates, usually large cities, are going to be a lot more than rural areas.
The answer to your question is only relevant if you know what the person giving you the answer would be paying for something ELSE, and more specifically for something that is not a hot rod.
The news in this respect seems to be good: My insurer (PEMCO) does not distinguish between an STS-V and a standard STS when setting rates! Seems this car is so far under the radar that insurers don't have any idea what it really is. Try that with a Corvette or M3.
FWIW, I'm an attorney who spends most of his time working with the insurance industry, and I can't say this strongly enough: NEVER buy less than 300k liability limits (per person/per occurrance), and you should buy all that you can. The litigation climate in this country, and medical costs, are so far over the top that even the simplist personal injury case can easily exceed a $100,000 limit.
CWIS: You're underinsured, unless you have an Umbrella.
I just got my 08 STS-V a few months ago. I have clean record and am 30 years old, not married. I am paying 1211 every 6 months. Was only 20 bucks more then my Z4 coupe for double the car value.
FWIW, I'm an attorney who spends most of his time working with the insurance industry, and I can't say this strongly enough: NEVER buy less than 300k liability limits (per person/per occurrance), and you should buy all that you can. The litigation climate in this country, and medical costs, are so far over the top that even the simplist personal injury case can easily exceed a $100,000 limit.
I understand what you are saying. For me though, all my assets are pretty well protected as I am a position where law suits against me are to be expected. I go with the lowest coverage allowed, this way I pay less, and if there was an auto claim against me all that would be available would be 10-15thousand, this makes me less of a target. The laws are different in every state, and you're best to be thoroughly familiar with them. Here in Fl, if you have no assets available (your house and car are protected by our homestead act), it's impossible to go after future earnings. That’s why OJ moved here (I'm not proud of that).
It seems that all the premiums listed are pretty high. I just bought my sts-v and have not registered it with my insurance co yet. But my previous car was listed as the #1 most expensive car to insure, and I was paying less then 600 per 6 mo. Also I get some help with the above from my wife who does asset protection and PI law.
I guess I should have listed that on the 1211 I pay every 6 months. I have all the limits MAXED out. My policy has everything you can get and everything is set to the hightest limit they offer : ) I am sure if I set my policy to the state limit my 6 month would be much much cheaper, but like you said I dont think those limits cover much of anything with a serious crash. Hope that helps : )
Yeah simply listing our 6 month premium doesn't really tell the whole story. You kinda have to know amount of coverage and where it's at to get any form of comparative idea of costs. From the CTS-V to the STS-V it increased 34.00 every 6 months, everything else staying the same.
