Cadillac CTS-V Insurance Rates

The average insurance rates for a Cadillac CTS-V are $1,078 a year for full coverage. Comprehensive costs around $220 each year, collision insurance costs $320, and liability costs $402. A liability-only policy costs as little as $446 a year, and high-risk insurance costs around $2,320. 16-year-old drivers cost the most to insure at up to $4,122 a year.

Average premium for full coverage: $1,078

Policy rates for type of insurance:

Rate estimates include $500 comprehensive and collision deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all states and CTS-V models.

Price Range Variability

Urban vs. Rural Price Range

Your location can make a big difference on auto insurance rates. Areas with sparse population are shown to have lower incidents of accident claims than congested cities. The graphic below illustrates the effect of geographic area on auto insurance rates.

The examples above show why all drivers should compare rates for a specific zip code, instead of making a decision based on rate averages.

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

Rate Comparisons

The chart below shows average Cadillac CTS-V insurance rates for additional coverage choices and driver risks.

• The best full coverage rate is $637
• Drivers who choose higher $1,000 deductibles will pay about $122 a year
• The estimated price for a good driver age 40 using $500 deductibles is $1,078
• Buying low deductibles for comprehensive and collision insurance bumps up the cost to $1,314
• Drivers with multiple tickets or accidents could pay at least $2,320
• Policy cost that insures a 16-year-old driver can be $4,122 a year

View Chart as Image

Car insurance rates for a Cadillac CTS-V also range considerably based on the trim level and model year, how you drive, and deductibles and policy limits.

If you have a few points on your driving record or you caused an accident, you could be paying at least $1,300 to $1,800 extra every year, depending on your age. Insurance for high-risk drivers can cost from 44% to 134% more than the average rate. View High Risk Driver Rates

More mature drivers with no driving violations and higher comprehensive and collision deductibles may pay as low as $1,000 per year on average, or $83 per month, for full coverage. Rates are highest for teenagers, since even teens with perfect driving records will be charged as much as $4,100 a year. View Rates by Age

Your home state makes a big difference in Cadillac CTS-V insurance prices. A 40-year-old driver could pay as low as $710 a year in states like Idaho, Maine, and Iowa, or at least $1,540 on average in Michigan, Louisiana, and New York.

View Chart as Image

Opting for high physical damage deductibles could save up to $360 annually, whereas increasing liability limits will increase rates. Going from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

How to Find the Best Cadillac CTS-V Insurance

Finding cheaper rates on insurance for a Cadillac CTS-V not only requires having a decent driving record, but also having a positive credit history, avoid buying unnecessary coverage, and consideration of higher deductibles. Comparison shop at least every other year by obtaining price quotes from direct carriers, and also from several local insurance agents.

The following items are a brief recap of the car insurance concepts covered in the above illustrations.

• Drivers considered higher risk who tend to receive serious violations pay on average $1,240 more every year than a driver with a clean driving record
• Drivers can save up to $130 per year just by quoting online in advance
• Increasing comprehensive and collision deductibles can save approximately $350 each year
• Insureds who may need additional liability coverage will pay around $440 each year to go from a 30/60 limit to the 250/500 level