Cadillac Lyriq Insurance Rates

Average insurance rates for a Cadillac Lyriq are $1,848 a year for full coverage. Comprehensive insurance costs on average $444, collision insurance costs $874, and liability coverage costs $372. A policy with just liability insurance costs as little as $438 a year, and coverage for high-risk drivers costs $4,018 or more. Teens receive the highest rates at up to $6,596 a year.

Average premium for full coverage: $1,848

Rate estimates by individual coverage type:

Estimates include $500 policy deductibles, liability limits of 30/60, and includes medical and uninsured motorist coverage. Rates are averaged for all 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 accident claims than cities with more traffic congestion. The example below illustrates the effect of geographic area on car insurance rates.

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

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

Detailed Rate Analysis

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

• The cheapest rate after discounts is $1,031
• Drivers who choose higher $1,000 deductibles will pay around $298 a year
• The average rate for a 40-year-old driver with $500 deductibles is $1,848
• Selecting pricier low deductibles for comprehensive and collision insurance will cost an extra $586 each year
• High-risk insureds with serious driving 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

Insurance rates for a Cadillac Lyriq can also vary considerably based on your driver profile, the trim level of your Lyriq, and policy deductibles and limits.

A more mature driver with no violations or accidents 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 should be prepared to pay 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 $1,220 a year in states like Idaho, Maine, and Iowa, or have to pay at least $2,640 on average in Michigan, Louisiana, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $890 a year, whereas buying more liability protection will cost you more. Going from a 50/100 limit to a 250/500 limit will cost as much as $335 more each year. View Rates by Deductible or Liability Limit

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

How to Find Low Cost Cadillac Lyriq Insurance

Saving money on auto insurance not only requires being a good driver, but also having a good credit history, eliminating unneeded coverage, and dropping full coverage on older vehicles. Take the time to compare rates once a year by getting quotes from direct carriers like GEICO and Progressive, and also from your local insurance agents.

The following list is a review of the data that was covered in the above illustrations.

• Drivers can save as much as $230 per year just by quoting online well ahead of the renewal date
• Consumers who require an increased level of liability coverage will pay approximately $410 each year to go from a minimum limit to 250/500 limits
• Drivers age 16 to 20 pay higher rates, costing as high as $550 per month including comprehensive and collision insurance
• Drivers who have several accidents or serious violations will pay on average $2,170 more each year than a safer driver