Car insurance for a Cadillac

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Buying or leasing a Cadillac means driving around in something you probably want to protect. But even if you could care less about insurance coverage to safeguard your vehicle, the odds are high that your state requires some level of car insurance — every state except New Hampshire does.

Since you most likely need auto insurance for your Cadillac, you might be wondering how much it costs or which company provides the cheapest coverage. First off, we can tell you that your Cadillac probably means paying more than the national average of $1,674 for a policy. In addition to pricing your policy based on things like your driving record and where you live, most insurance companies heavily consider your vehicle itself. And as a high-value car, Cadillacs usually mean pricier coverage.

How much does it cost to insure a Cadillac?

The cost to insure your Cadillac depends on quite a few factors, including how much coverage you buy for your car. You might want protections beyond the liability coverage your state requires, which only covers costs for damages you cause behind the wheel, including injury to others. The more coverage you buy, the more you pay (as you would probably expect).

To price your policy, insurance companies also consider the make and model of your vehicle. As a result, the cost to insure a Cadillac is not necessarily reflective of the average cost of car insurance. To help you get the clearest possible picture of the cost of auto insurance for Cadillacs, we looked at the following models:

  • Cadillac CT6
  • Cadillac CTS V
  • Cadillac Escalade
  • Cadillac XT5

Below, we show you rates for each of these models based on the coverage level you choose.

Car insurance for Cadillacs: by model

These rates present the average cost of car insurance for Cadillacs, meaning we used an average-type driver to pull these rates. Specifically, our test drivers were 40-year-olds with a clean driving record and good credit who commute five days a week and drive 12,000 miles a year. If you deviate from any of those factors, your policy will be accordingly priced differently. Still, though, for the sake of a starting point to help you ballpark the cost of your own Cadillac insurance policy, here are rates for four different models:

Cadillac car insurance Average annual premium for minimum coverage Average annual premium for full coverage
Cadillac CT6 $477 $2,248
Cadillac CTS V $478 $2,929
Cadillac Escalade $513 $2,165
Cadillac XT5 $473 $1,687

Cheapest car insurance companies for Cadillac CT6s

Cadillac discontinued the CT6 in 2020, but drivers can still find them in abundance. Cadillac pioneered some of their most leading-edge technology with this sedan, including the Super Cruise™ driver assistance feature. But how much does it cost to insure a Cadillac CT6? To find out, we compared rates from auto insurance providers who made our best-of list, which tested the largest providers by market share on things like customer service and discounts. Here are five of the most affordable companies for Cadillac car insurance.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $344 $1,674
Geico $401 $1,964
State Farm $423 $1,683
Erie $354 $1,499
Amica $342 $1,673

Cheapest car insurance companies for Cadillac CTS-Vs

Cadillac premiered its V-Series of vehicles with the CTS-V back in 2004, and they remain popular today. What likely will not be as popular, though, is the relatively high price to insure a CTS-V. This is the only vehicle on this list to break the $3,000-mark for annual premiums (although rates will vary from driver to driver). There was a remarkably large disparity between the rates we pulled, so it pays to get quotes from multiple insurance companies to make sure you end up with a policy on the lower end of the spectrum for your CTS-V.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $427 $3,493
Geico $401 $2,932
State Farm $413 $2,232
Erie $343 $1,891
Amica $342 $2,042

Cheapest car insurance companies for Cadillac Escalades

The ever-popular Escalade is something of an icon now, thanks, in part, to the fact that many celebrities have made it their car of choice. If you have considered joining the ranks of Escalade drivers, you will likely be pleased to know that an auto insurance policy for one is not overly expensive, at least compared to the national average. Take a look:

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $390 $1,700
Geico $401 $1,897
State Farm $428 $1,749
Erie $449 $1,416
Amica $342 $1,404

Cheapest car insurance companies for Cadillac XT5s

If you want more cargo space than a CT6 but would rather not have to parallel park something the size of an Escalade, an XT5 might be for you. This compact luxury SUV is also the most affordable vehicle on this list to insure, and by a significant margin. Here are average rates for auto insurance for Cadillac XT5s.

Car insurance company Average annual premium for minimum coverage Average annual premium for full coverage
USAA $369 $1,427
Geico $389 $1,460
State Farm $396 $1,273
Erie $382 $1,144
Amica $363 $1,209

Other car insurance coverage for Cadillacs

For the average rates above, when we say minimum coverage, we mean the driver was only carrying the state-required level of liability insurance. Most states require two types: bodily injury to cover medical expenses if you hurt someone while driving and property damage to pay for (you guessed it) property damage, including damage to other drivers’ vehicles.

While the minimum coverage might be a fine level of coverage for someone else’s vehicle, if you drive a Cadillac, you most likely want a higher level of protection for your ride. To give you an idea of that cost, we presented the full coverage premiums above. In addition to liability coverage, our full coverage drivers carried:

  • Uninsured motorist coverage: Why would you need this insurance if your state requires drivers to have insurance? Because the Insurance Information Institute (III) estimates that more than 12 percent of drivers break the law and drive uninsured. If one of these motorists causes an accident with you, your uninsured motorist coverage can help with the resulting expenses.
  • Comprehensive coverage: This coverage protects you against non-driving related losses, like theft, vandalism or even a branch from the tree in your driveway falling onto your Cadillac. For comprehensive coverage to kick in, you usually need to pay your deductible.
  • Collision coverage: If you cause an accident or damage your vehicle in another way (like backing into something), collision coverage steps in to help with the cost of repairing your vehicle — assuming you chose to add this type of coverage to your policy. Like comprehensive coverage, collision coverage usually requires a deductible.

These are just some of the types of car insurance you might want for your Cadillac. Explore your coverage options to get the best idea of the proper level of protection for your Cadillac CT, CTS-V, Escalade or Cadillac XT5.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our base profile drivers own a 2019 Cadillac of the following model types, commute five days a week and drive 12,000 miles annually:

  • Cadillac CT6
  • Cadillac CTS V
  • Cadillac Escalade
  • Cadillac XT5

These are sample rates and should only be used for comparative purposes.

Written by
Kacie Goff
Personal Finance Contributor
Kacie Goff is a personal finance and insurance writer with over seven years of experience covering personal and commercial coverage options. She writes for Bankrate, The Simple Dollar, NextAdvisor, Varo Money, Coverage, Best Credit Cards and more. She's covered a broad range of policy types — including less-talked-about coverages like wrap insurance and E&O — and she specializes in auto, homeowners and life insurance.