Cadillac Lyriq Insurance Rates

Average insurance rates for a Cadillac Lyriq are $1,848 a year with full coverage. Comprehensive insurance costs on average $444 a year, collision insurance costs $874, and liability costs around $372. A policy with just liability insurance costs as low 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:

Rates are based on $500 deductible amounts, split liability limits of 30/60, and includes both medical and UM/UIM coverage. Rates are averaged for all U.S. states and Lyriq trim levels.

Price Range by Coverage and Risk

Price Range by Location

Where you live can have significant affects on auto insurance rates. Rural areas tend to have a lower frequency of collision claims than cities with more traffic congestion. The diagram below illustrates how rural and urban location affects car insurance rates.

These examples demonstrate why it is important to compare prices based on a specific location and risk profile, instead of using averaged prices.

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 cheapest rate after discounts is $1,031
• Using higher $1,000 deductibles will save around $1,550 annually
• The average rate for a 40-year-old driver with $500 deductibles is $1,848
• Selecting low $100 deductibles for physical damage coverage will cost an extra $586 every year
• Drivers with serious driving violations could pay upwards of $4,018
• The cost for full coverage for a teen driver may cost $6,596 or more

View Chart as Image

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

Older drivers with no violations or accidents and high deductibles may pay as little as $1,700 a year 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 has a huge impact on Cadillac Lyriq insurance prices. A driver around age 40 might see rates as low as $1,330 a year in states like New Hampshire, Ohio, and Utah, or have to pay at least $2,500 on average in Florida, Michigan, and New York.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could cut rates by as much as $890 every year, while buying higher liability limits will cost you more. Moving 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 may be forking out at a minimum $2,200 to $2,900 additional per year, depending on your age. A high-risk auto insurance policy can be as much as 44% to 133% more than the average policy. View High Risk Driver Rates

How to Find the Best Cheap Cadillac Lyriq Insurance

Saving money on car insurance requires having a good driving record, having a good credit history, eliminating unnecessary coverage, and dropping full coverage on older vehicles. Set aside time to shop around at least once a year by getting rate quotes from direct companies like GEICO and Progressive, and also from local insurance agents.

The next list is a quick review of the primary concepts that were raised in the charts and tables above.

• You may be able to save as much as $230 per year just by quoting early and online
• Higher risk drivers with a DUI or reckless driving violation may be required to pay an average of $2,170 more each year to buy Cadillac Lyriq insurance
• Increasing deductibles can save around $875 each year
• Drivers age 20 and younger pay higher rates, with premiums as much as $550 per month including comprehensive and collision insurance