Cadillac Lyriq Insurance Rates

The average auto insurance rates for a Cadillac Lyriq are $1,848 annually with full coverage. Comprehensive insurance costs on average $444 a year, collision insurance costs $874, and liability costs $372. A liability-only policy costs as little as $438 a year, and high-risk insurance costs $4,018 or more. Teenage drivers cost the most to insure at up to $6,596 a year.

Average premium for full coverage: $1,848

Policy rates by type of insurance:

Estimates include $500 deductibles, liability limits of 30/60, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and Lyriq trim levels.

Price Range Variability

Urban vs. Rural Price Range

Your location can have significant affects on auto insurance rates. Rural areas are shown to have fewer collision claims than densely populated cities. The diagram below illustrates the effect of geographic area on car insurance rates.

The examples above demonstrate why it is important to compare rates based on a specific location and their own personal driving habits, instead of using average rates.

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

Rate Comparisons

The chart below details 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 $1,550 annually
• The estimated rate for a good driver age 40 with $500 deductibles is $1,848
• Using low $100 deductibles for comprehensive and collision insurance costs an additional $586 every year
• Higher-risk drivers who are prone to accidents and violations could pay upwards of $4,018
• Policy cost with full coverage for a teen driver may cost $6,596 a year

View Chart as Image

Car insurance rates for a Cadillac Lyriq also range considerably based on the model year and trim level, your driving record, and policy deductibles and limits.

Older drivers with no driving violations and high physical damage deductibles may pay as little as $1,700 per year on average, or $142 per month, for full coverage. Rates are much higher for teenagers, where even without any violations or accidents they will be charged upwards of $6,500 a year. View Rates by Age

If you have a few points on your driving record or you caused a few accidents, you may be forking out at a minimum $2,200 to $2,900 extra every year, depending on your age. A high-risk auto insurance policy can cost as much as 44% to 133% more than a normal policy. View High Risk Driver Rates

Using high physical damage deductibles could save up to $890 every year, while buying higher liability limits will cost you more. Moving from a 50/100 bodily injury limit to a 250/500 limit will raise rates by up to $335 extra every 12 months. View Rates by Deductible or Liability Limit

Your home state makes a big difference in Cadillac Lyriq insurance prices. A 40-year-old driver could pay as low as $1,330 a year in states like New Hampshire, Ohio, and Utah, or be forced to pay as much as $2,500 on average in Florida, Michigan, and New York.

View Chart as Image

How to Buy Low Cost Cadillac Lyriq Insurance

Finding cheaper rates on car insurance not only requires not taking risks behind the wheel, but also having a good credit score, not filing small claims, and possibly raising deductibles. Take the time to compare rates once a year by requesting rates from direct companies like Progressive, GEICO, and Esurance, and also from local independent and exclusive agents.

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

• You may be able to save as much as $230 per year just by quoting early and online
• Policyholders who require higher liability limits will pay an extra $410 every year to go from a 30/60 limit to higher 250/500 limits
• Teens are expensive to insure, as much as $550 each month if comprehensive and collision insurance is included
• Higher risk drivers who have several accidents or serious violations pay an average of $2,170 more each year for Lyriq insurance