Cadillac Lyriq Insurance Rates

U.S. average auto insurance rates for a Cadillac Lyriq are $1,848 annually for full coverage insurance. Comprehensive costs an estimated $444 a year, collision insurance costs $874, and liability coverage is estimated at $372. Buying just liability costs approximately $438 a year, and insurance for high-risk drivers costs around $4,018. Teenage drivers pay the highest rates at up to $6,596 a year.

Average premium for full coverage: $1,848

Price estimates broken down by individual coverage:

Rate estimates include $500 policy deductibles, bodily injury liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Estimates are averaged for all 50 states and Lyriq trim levels.

Price Range from Low to High

Geographic Price Range

Living in a larger city has a large influence on the price of insurance. More rural locations have fewer physical damage claims than densely populated cities. The diagram below illustrates how location impacts insurance prices.

The ranges above illustrate why it is important to get quotes for a targeted area and their own personal driving habits, rather than using average rates.

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

Additional Rate Analysis

The chart below illustrates average Cadillac Lyriq insurance rates for other coverage scenarios.

• The best discount rate is $1,031
• Choosing higher $1,000 deductibles can save approximately $1,550 each year
• The estimated rate for the average middle-age driver who has $500 deductibles is $1,848
• Using low $100 deductibles for comp and collision coverage will cost $2,434
• Drivers who are prone to accidents and violations could pay up to $4,018
• The price with full coverage for a teenage driver can cost as much as $6,596 each year

View Chart as Image

Insurance prices for a Cadillac Lyriq are also quite variable based on the trim level and model year, your risk profile, and liability limits and deductibles.

Older drivers with no violations or accidents and high physical damage deductibles may only pay around $1,700 annually on average for full coverage. Prices are much higher for teenage drivers, where even without any violations or accidents they should be prepared to pay at least $6,500 a year. View Rates by Age

If you have some driving violations or you caused a few accidents, you are probably paying $2,200 to $2,900 additional each year, depending on your age. A high-risk auto insurance policy ranges around 44% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles can save as much as $890 a year, while buying higher liability limits will increase premiums. Switching from a 50/100 bodily injury limit to a 250/500 limit will increase prices by as much as $335 more each year. View Rates by Deductible or Liability Limit

The state you live in plays a big part in determining prices for Cadillac Lyriq insurance rates. A good driver about age 40 could pay as low as $1,210 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $2,500 on average in Florida, New York, and Michigan.

View Chart as Image

How to Buy the Best Cadillac Lyriq Insurance

Getting lower rates on auto insurance takes being safe and accident-free, having good credit, not filing small claims, and possibly raising deductibles. Spend time shopping around every other policy renewal by requesting rates from direct insurance companies like GEICO, Progressive, and Esurance, and also from your local independent and exclusive agents.

Below you'll find a brief recap of the ideas that were touched on above.

• Youthful drivers are expensive to insure, as much as $550 a month if they have full coverage
• Drivers who tend to receive serious violations may pay on average $2,170 more annually than a low-risk driver
• Increasing physical damage deductibles could save up to $875 each year
• It is possible to save approximately $230 per year just by quoting early and online