Cadillac CTS-V Insurance Rates

The average insurance rates for a Cadillac CTS-V are $1,126 a year for full coverage insurance. Comprehensive insurance costs approximately $234 a year, collision insurance costs $354, and liability coverage is $402. Liability-only coverage costs around $446 a year, and high-risk coverage costs $2,424 or more. 16-year-old drivers cost the most to insure at up to $4,270 a year.

Average premium for full coverage: $1,126

Policy rates by type of insurance:

Includes $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 states and CTS-V trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on the price of auto insurance. Rural locations are shown to have a lower frequency of physical damage claims than congested cities. The diagram below illustrates how where you live affects auto insurance prices.

The examples above illustrate why it is important to compare rates quotes using their specific location and risk profile, rather than using rate averages.

Use the form below to get customized rates for your location.

Additional Rate Details

The chart below illustrates average Cadillac CTS-V insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $662
• Raising to $1,000 deductibles will save $992 each year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,126
• Buying low $100 deductibles will cost an extra $256 each year
• Unlucky drivers with multiple tickets or accidents could pay around $2,424
• Policy cost for full coverage for a teenage driver can cost $4,270

View Chart as Image

Insurance rates for a Cadillac CTS-V also range considerably based on your risk profile, the model year and trim level, and physical damage deductibles and liability limits.

Older drivers with no violations or accidents and high deductibles may only pay around $1,100 every 12 months on average, or $92 per month, for full coverage. Rates are highest for teenagers, where even good drivers should be prepared to pay in the ballpark of $4,200 a year. View Rates by Age

Your home state also has a big influence on Cadillac CTS-V insurance rates. A middle-age driver might find rates as low as $740 a year in states like North Carolina, Wisconsin, and Vermont, or at least $1,520 on average in Florida, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $390 a year, while buying higher liability limits will push rates upward. Switching from a 50/100 limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you are probably paying anywhere from $1,300 to $1,900 additional every year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 44% to 129% more than the average rate. View High Risk Driver Rates

How to Find the Cheapest Cadillac CTS-V Insurance

Finding cheaper rates on auto insurance consists of avoiding accidents and violations, having a good credit history, being claim-free, and consideration of higher deductibles. Take the time to comparison shop at least once a year by getting quotes from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

The list below is a recap of the primary concepts that were touched on in the above illustrations.

• It is possible to save around $130 per year just by quoting early and online
• Drivers that have major violations or accidents may pay on average $1,300 more per year for car insurance
• Increasing comprehensive and collision deductibles can save around $400 each year
• Teenagers are the costliest to insure, possibly costing $356 each month including comprehensive and collision insurance