Insuring a Cadillac

As America's leading manufacturer of luxury automobiles, Cadillac has a shining reputation. Throughout most of its history, the brand has been favored by well-to-do senior citizens. That has been changing recently, however, with the automaker's introduction of SUVs and more family-friendly offerings. Although these vehicles don't come cheaply, they aren't the most expense vehicles to insure. The average annual cost for insurance is $1,605.96, which puts it 25th on a list of 36 vehicles. Learn more about the factors that affect insurance premiums below.

Model Statistics

CTS
CTS
What type of Coverage do Cts Owners Choose?
Model Legend
$890

Average Annual Cost to Insure

DeVille
DeVille
What type of Coverage do Deville Owners Choose?
Model Legend
$628

Average Annual Cost to Insure

Escalade
Escalade
What type of Coverage do Escalade Owners Choose?
Model Legend
$1,436

Average Annual Cost to Insure

STS
STS
What type of Coverage do Sts Owners Choose?
Model Legend
$748

Average Annual Cost to Insure

SRX
SRX
What type of Coverage do Srx Owners Choose?
Model Legend
$613

Average Annual Cost to Insure

DTS
DTS
What type of Coverage do Dts Owners Choose?
Model Legend
$714

Average Annual Cost to Insure

Eldorado
Eldorado
What type of Coverage do Eldorado Owners Choose?
Model Legend
$960

Average Annual Cost to Insure

Catera
Catera
What type of Coverage do Catera Owners Choose?
Model Legend
$588

Average Annual Cost to Insure

Seville
Seville
What type of Coverage do Seville Owners Choose?
Model Legend
$6,200

Average Annual Cost to Insure

SLS
SLS
What type of Coverage do Sls Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

Fleetwood
Sorry, No Model Image
What type of Coverage do Fleetwood Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

DHS
DHS
What type of Coverage do Dhs Owners Choose?
Sorry, We have no data for this model. Model Legend
N/A

Average Annual Cost to Insure

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Brief History

The company was founded in 1902 by Henry Martyn Leland. He named his new company after the Frenchman who discovered the city of Detroit. The automaker hit the ground running in terms of innovation. The Osceola, one of its first models, was the first closed-body car in the United States. The automaker also made a name for itself by using standardized parts, which would become the norm in the auto industry later. Additional innovations included the use of V8 engines, dashboard-controlled headlights, crankshaft venting, and thermostatic cooling system controls. The company never rested on its laurels, but the brand became better known for producing luxury automobiles than for its innovative features.

MSRP has the Greatest Impact on Insurance Rates

There's no question that the value of a car dramatically affects the cost of insuring it. That fact is abundantly clear when it comes to these vehicles. A quick look at the starting MSRPs for some of today's most popular models reveals that they don't come cheaply. The CTS, for example has a starting MSRP of $35,915. The Escalade, which is considered to be one of the brand's finest vehicles, has a starting MSRP of $63,170. With a starting MSRP of $35,485, the SRX is still beyond the means of many average Americans. These vehicles have somewhat hefty price tags, but they are also jam-packed with exceptional features.

Theft Rates don't Affect the Cost to Insure Most Models

Theft rates also come into play when insurance companies calculate premiums. A quick perusal of data from the National Insurance Crime Bureau reveals that these cars aren't popularly targeted by thieves. Not a single Cadillac car shows up on the top-ten theft lists of any of the fifty states. Similarly, statistics from the National Highway Traffic Safety Administration, or NHTSA, show that these cars don't get stolen very often. This fact certainly mitigates the overall cost of insuring the typical model, but it doesn't put a huge dent in the total amount due to the high value of these cars.

Customer Statistics

Top 5 Insurance Companies

Coverage Type

  • State Farm
    9%
  • Geico
    8%
  • Progressive
    5%
  • Allstate
    5%
  • AAA
    4%

Male Vs. Female (percent)

Average Age (years)

59 Male
41 Female
45

Credit Score

Education

Important Factors

  • Price
    46%
  • Coverage options
    38%
  • Customer service
    17%

Solid Safety Ratings Keep Cadillac Insurance Costs Reasonable

Another thing that lessens the impact that these cars' high price tags have on insurance premiums is safety. Cadillac vehicles generally have solid safety ratings from organizations like the Insurance Institute for Highway Safety and the NHTSA. The SRX, for example, received across-the-board ratings of "Good" from the IIHS, which is its highest rating. It also received all perfect marks in government crash tests. The CTS fared just as well, with all five-star ratings from the government and all "Good" ratings from the IIHS. Safety ratings for the Escalade are not available.

To get a feel for how the price of a Cadillac affects the price to insure it, consider these insurance averages:

  • CTS 6-Cylinder - $1,490.00
  • Escalade 8-Cylinder - $1,940.00
  • SRX 6-Cylinder - $1,415.00

Cadillacs For Sale

Are you looking to purchase a Cadillac vehicle and want to know how much it will cost to insure before the big purchase? Start by browsing our comprehensive vehicle inventory.

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