Cadillac Lyriq Insurance Rates

Average insurance rates for a Cadillac Lyriq are $1,848 a year including full coverage. Comprehensive costs on average $444, collision insurance costs $874, and liability coverage costs $372. Liability-only coverage costs as little as $438 a year, and high-risk coverage costs around $4,018. Teenage drivers receive the highest rates at up to $6,596 a year.

Average premium for full coverage: $1,848

Rate estimates by individual coverage type:

Full coverage includes $500 physical damage insurance deductibles, bodily injury liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all 50 U.S. states and for all Lyriq models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on car insurance rates. Rural areas tend to have a lower frequency of comprehensive and collision claims than densely populated cities. The example below illustrates how geographic area affects car insurance rates.

These examples highlight why everyone should compare rates based on a specific location and risk profile, rather than using average rates.

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

More Rate Information

The chart below breaks down average Cadillac Lyriq insurance rates for different risk profiles and scenarios.

• The best discount rate is $1,031
• Drivers who choose higher $1,000 deductibles will pay around $298 every year
• The average rate for a 40-year-old driver with $500 deductibles is $1,848
• Using pricier low deductibles for comprehensive and collision insurance will increase the cost to $2,434
• High-risk insureds who are prone to accidents and violations could pay upwards of $4,018
• The cost for full coverage for a teenage driver for full coverage may cost $6,596 a year

View Chart as Image

Car insurance rates for a Cadillac Lyriq can also vary considerably based on your driver profile, the model of your Lyriq, and policy deductibles and limits.

A more mature driver with no driving violations and high deductibles may only pay around $1,700 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers will be charged upwards of $6,500 a year. View Rates by Age

Where you live makes a big difference in Cadillac Lyriq insurance rates. A 40-year-old driver could pay as low as $1,420 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $2,640 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles could save up to $890 a year, whereas buying more liability protection will cost you more. Changing from a 50/100 limit to a 250/500 limit will cost as much as $335 extra every 12 months. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you are likely paying at a minimum $2,200 to $2,900 extra per year, depending on your age. Cadillac Lyriq insurance for high-risk drivers can cost around 44% to 133% more than a normal policy. View High Risk Driver Rates

How to Find More Affordable Cadillac Lyriq Insurance

Saving money on auto insurance not only requires being a low-risk driver, but also having above-average credit, not filing small claims, and possibly raising deductibles. Invest the time to compare rates every other policy renewal by requesting quotes from direct car insurance companies like GEICO and Progressive, and also from local exclusive and independent agents.

The items below are a summary of the ideas that were presented in the illustrations above.

• Teen drivers are expensive to insure, as much as $550 per month if full coverage is included
• Drivers who have multiple accidents or major violations may pay on average $2,170 more each year to insure their Lyriq
• Increasing deductibles can save around $875 each year
• You may be able to save as much as $230 per year just by quoting online well ahead of the renewal date