Cadillac Lyriq Insurance Rates

Average insurance prices for a Cadillac Lyriq are $1,848 every 12 months for full coverage. Comprehensive insurance costs an estimated $444 a year, collision insurance costs $874, and liability coverage costs $372. Buying just liability costs as little as $438 a year, and insurance for high-risk drivers costs $4,018 or more. Teen drivers receive the highest rates at up to $6,596 a year.

Average premium for full coverage: $1,848

Rate estimates broken down by individual coverage type:

Prices include $500 policy deductibles, liability coverage up to 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all states and Lyriq trim levels.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on insurance rates. More rural locations tend to have more infrequent accident claims than larger metro areas. The diagram below illustrates the effect of geographic area on insurance prices.

These examples show why it is important to compare rates for a targeted area and their own driving history, rather than using price averages.

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

More Rate Information

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

• The lowest rate with discounts is $1,031
• Drivers who choose higher $1,000 deductibles will pay approximately $1,550 a year
• The average price for a 40-year-old driver who has $500 deductibles is $1,848
• Choosing low $100 deductibles for comprehensive and collision insurance costs an extra $586 each year
• High-risk insureds with multiple violations and an at-fault accident could pay up to $4,018
• The cost to insure a teenage driver can cost as much as $6,596 a year

View Chart as Image

Auto insurance rates for a Cadillac Lyriq can also vary considerably based on policy deductibles and limits, your driver profile, and the model year and trim level.

Choosing high deductibles could save up to $890 a year, while buying higher liability limits will increase premiums. Going from a 50/100 liability limit to a 250/500 limit will cost as much as $335 extra every year. View Rates by Deductible or Liability Limit

Older drivers with a good driving record and higher deductibles may only pay around $1,700 per year on average for full coverage. Rates are highest for teen drivers, since even excellent drivers will have to pay at least $6,500 a year. View Rates by Age

If you like to drive fast or you were responsible for an accident, you could be paying $2,200 to $2,900 in extra premium per year, depending on your age. A high-risk auto insurance policy can cost around 44% to 133% more than average. View High Risk Driver Rates

Where you live makes a big difference in Cadillac Lyriq insurance rates. A 40-year-old driver could pay as low as $1,220 a year in states like Iowa, Maine, and Idaho, or as much as $2,640 on average in New York, Louisiana, and Michigan.

View Chart as Image

How to Shop for the Right Cadillac Lyriq Insurance

Saving money on auto insurance not only requires being safe and accident-free, but also having a good credit score, eliminating unneeded coverage, and consideration of higher deductibles. Take the time to compare rates every time your policy renews by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from several local insurance agents.

Below you'll find a quick rundown of the information covered in the above illustrations.

• Drivers can save approximately $230 per year just by quoting early and online
• Youthful drivers are the costliest to insure, costing as high as $550 per month if comprehensive and collision insurance is included
• Increasing deductibles could save as much as $875 each year
• Drivers with reckless driving or DUI convictions pay on average $2,170 more annually than a low-risk driver
• Consumers who want more liability protection will pay about $410 each year to go from a minimum limit to a 250/500 level