- A Cadillac CT4 is more expensive to insure than the average car.
- Liability insurance for a CT4 tends to be about $97 monthly, while full coverage usually runs around $254 a month.
- Gainsco offers the cheapest average rates for a CT4 with liability only coverage offered for as cheap as $26 monthly.
In This Article
The Cadillac CT4 is a great budget-friendly car for drivers of all types, with a base price of just $33,395 for 2021 models. There's a CT4 for every driver, with five different trim options available.
After analyzing thousands of auto insurance quotes through Compare.com, we've determined that, on average, Cadillac CT4 car insurance premiums run about $218 per month. But how does that compare to other vehicles on the market?
|Current Base Price||$33,395|
|Trim Levels||PREMIUM LUXURY SPECIAL EDITION, LUXURY, PREMIUM LUXURY, CT4-V, SPORT|
|Average Insurance Premium||$218/mo.|
|Cheapest Insurance Company||Gainsco|
How Much is Car Insurance for a Cadillac CT4?
|Vehicle||Liability Only||Full Coverage|
|All Cadillac Models||$77||$169|
|Average Insurance Premium||$81||$169|
In the table above, you'll find that insurance rates for a Cadillac CT4 are higher than average. On average, CT4 drivers will pay around $97 a month for liability insurance, and about $254 monthly for full coverage, which has comprehensive and collision coverages in addition to liability (our guide, "State Minimum vs. Full Coverage", can provide more details on these different types of insurance).
When compared to other Cadillac models, the CT4 is more expensive, with prices around 50% higher than the rest of the company's vehicle lineup. Similarly, CT4 coverage is above average when compared to other vehicles of a similar body style, with both liability only and full coverage insurance averaging more expensive rates than other cars.
Overall, they're just more expensive to insure than the average vehicle, regardless of which make, body style, or model you compare it to.
Who has the Cheapest Car Insurance for a Cadillac CT4?
|Insurance Company||Average Monthly Premium|
If you're searching for an auto insurance policy for a Cadillac CT4, you most likely want to know which company offers the lowest premiums. While costs will typically be pretty different from policyholder to policyholder, DirectGeneral offers the lowest average rates for liability only coverage, with rates as little as $21 per month. The runner up for most affordable rates is Gainsco, with car insurance policies starting sometimes as low as $26 a month.
Mercury, SafeAuto, and PlymouthRockNJ round out the rest of the top 5 list. That being said, just because these five carriers offer the cheapest average rates doesn't necessarily mean they'll give you the best rates for your Cadillac CT4.
Car insurance companies take a bunch of variables into consideration when offering you rates. Since every driver is different, there's only one way to make sure you get the lowest premiums, and that's by getting personalized quotes and comparing rates from an array of auto insurance carriers.
What Factors Affect Car Insurance Rates for a Cadillac CT4?
As we mentioned above, there are lots of factors that car insurance companies take a look at to decide how much they charge you for insurance -- and each carrier weighs different pieces more heavily than others, so there's not one company that's the cheapest for every driver.
Here are just a few of the things car insurers will look at, with individual breakdowns of how each one affects your rates:
|Vehicle Age||Average Monthly Premium|
|Less than 1 Year||$97|
|2-3 Years||Not Enough Data|
|4-5 Years||Not Enough Data|
|6-7 Years||Not Enough Data|
|8-10 Years||Not Enough Data|
|11-14 Years||Not Enough Data|
|15 Years or Older||Not Enough Data|
Since the Cadillac CT4 has only been around for one model year, vehicle age won't come into play the same way it might for other vehicles. Normally, newer cars are going to cost more to insure because they're worth more, but as they get older, insurance costs will gradually go down.
According to the table above, CT4 premiums are $97 monthly, on average.
|Age||Average Monthly Premium|
Your age is another factor that makes a significant difference in how much auto insurance carriers will charge. Because the Cadillac CT4 is pretty new to the market, we're just starting to collect data on how age is affecting car insurance prices. So far, based on the table above, young drivers pay less for insurance than those who have more experience.
Insurance prices continue to decrease as you get older, with the cheapest age group being 45-54 for CT4 drivers.
|Gender||Average Monthly Premium|
Did you know men tend to pay more for auto insurance than women? This is because men are more likely to get tickets and get into collisions, which increases the chances of an insurance claim. The Cadillac CT4 is no different, and men pay about 96% more than women a month for car insurance. However, due to the limited amount of CT4 data, this pricing may not be representative of the premiums you may see.
Where You Live
|State||Average Monthly Premium|
It may be obvious that variables like how old you are and what vehicle you drive play a role in your auto insurance rates, but you may not realize that where you live is equally important. Auto insurance is regulated on a state-by-state basis, so prices can change quite a bit from state to state.
Because the CT4 is a relatively new vehicle, our data sets are somewhat limited. Even so, you can see in the table above that New York has rates that are significantly more expensive than anywhere else.
Cadillac CT4 Car Insurance Discounts
Whatever what vehicle you drive, how old you are, or where you live, using as many discounts as possible when it comes to your insurance is always a good idea when shopping around for a new policy.
While no two auto insurance companies offer the same exact discounts, there are a few different ones that you'll find with most carriers. These include things like:
- Multi-car discounts for insuring more than one of your vehicles with the same carrier
- Pay-in-full discounts for drivers who choose to pay their entire policy premium at once, rather than in monthly installments
- Defensive driving discounts for taking a defensive driving class through an accredited school or institution
- Vehicle safety discounts for having a vehicle with certain safety features (like anti-lock brakes or air bags) or one with higher than average safety ratings
While these are just a few of the discounts car insurance companies offer, there are countless other ways to save money on you monthly insurance bill. Often, it's actually your insurance profile and driving history that get you the best rates.
Even though you can't control every variable insurance carriers consider to calculate premiums (like some of the ones mentioned above), you do have a say over some of them. Below are just a few of the factors you can use in your favor when it comes to cost savings:
Your Driving Record
|Infractions||Average Monthly Premium|
|Multiple Tickets||Not Enough Data|
You've most likely heard ads from car insurance companies offering big savings for safe drivers. It follows that if you get speeding tickets or get into an accident, auto insurance prices will increase. But you're probably wondering exactly how much these infractions can cost you.
Unfortunately, we don't have enough data on file for Cadillac CT4 drivers specifically, since it is a relatively new car. However, we'll have a better idea of how much infractions will cost CT4 owners when it comes to insurance as we see more and more of these on the road.
How Much You Drive
|Annual Mileage||Average Monthly Premium|
How much you drive each year impacts your car insurance rates. Those who drive less are more likely to go accident-free, so they'll generally get less expensive prices. Since the Cadillac CT4 is a new vehicle, our data is relatively limited, so we don't yet know how much annual driving distance will affect premiums. So far, drivers who travel 10,000+ miles per year are offered the highest rates.
But if you drive a limited amount, it may be worth getting usage-based or pay-per-mile insurance. With these policies, you pay a small monthly amount, and your final monthly bill is calculated based on the number of miles you drove.
How Do Cadillac CT4s Compare to Other Vehicles?
If you're thinking about buying a Cadillac CT4, it might be helpful to do your due diligence. Insurance is just one cost that's associated with buying a new car, but it's guaranteed to be one that's worth taking into consideration.
Take a look at the table below to see how the Cadillac CT4 compares:
|Cadillac CT4||National Average|
|Full Coverage Insurance||$265||$169|
|Average Annual Mileage||9,424||11,617|
As you can see, a Cadillac CT4 is a great value when it comes to overall price tag. The CT4 starts at $33,395, which is much cheaper than the national average vehicle MSRP of $46,296.
Unlike the CT4's lower price, auto insurance rates run above average when compared to the rest of the vehicle market. Liability insurance for a Cadillac CT4 is around $13 per month more than average, while full coverage is over $50 more per month.
When it comes to usage, Cadillac CT4 drivers are much lower than the national average in annual miles driven, with 9,424 miles a year compared to 11,617 for all vehicles.
Cadillac CT4 Car Insurance Costs by Model Year
You've seen how different things can have an impact on how much the average driver pays to insure a Cadillac CT4. But if you're in the market for a new car, truck, or SUV and the CT4 is on your wishlist, knowing how much your vehicle will likely cost can be extremely valuable as you weigh your choices.
2021 Cadillac CT4 Car Insurance
|Liability Only Avg. Premium||$94|
|Full Coverage Avg. Premium||$265|
|Cheapest Insurance Company||Gainsco - $26/mo.|
|Available Trims||CT4-V, LUXURY, PREMIUM LUXURY, PREMIUM LUXURY SPECIAL EDITION, SPORT|
2021 Cadillac CT4 drivers can expect to pay an average of $94 monthly for liability or $265 for full coverage.
With prices sometimes as little as $26 per month, Gainsco offered the cheapest policy we found for the 2021 Cadillac CT4.
If you want to know just how much your rate will be, just enter your ZIP code below and get free quotes in minutes.
2020 Cadillac CT4 Car Insurance
|Liability Only Avg. Premium||$98|
|Full Coverage Avg. Premium||$250|
|Cheapest Insurance Company||DirectGeneral - $21/mo.|
|Available Trims||CT4-V, LUXURY, PREMIUM LUXURY, SPORT|
On average, drivers who own a 2020 CT4 can expect to pay $98 to $250 a month for liability only and full coverage car insurance, respectively.
With rates as little as just $21 per month, DirectGeneral offered the lowest policy we found.
Want to know exactly what your auto insurance price will be? Get several personalized quotes for free by just entering your ZIP code below.
Cadillac CT4 Insurance FAQs
Is a Cadillac CT4 expensive to insure?
The Cadillac CT4 is more expensive to insure compared to the average car. Liability insurance runs an average of $97 monthly, while full coverage will cost you around $254.
How can I get the best price on car insurance for my Cadillac CT4?
The only way to be confident you're getting the most affordable price on car insurance is to check prices regularly and compare quotes from a multitude of carriers. It's recommended to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from a whole range of companies at once, meaning you can find the cheapest rates (or guarantee you already have the best deal) for free.
Does the color of my Cadillac CT4 affect my insurance premiums?
You've probably heard that it is more expensive to insure red cars that silver or white vehicles, but that's actually a myth. There are a wide array of variables insurance carriers examine when they offer you a premium, but your vehicle's color is not factored into that equation.
Do I need to have insurance before I buy a Cadillac CT4?
Before you can legally drive your new (or new to you) car off the dealership lot, you'll need to have a car insurance policy in place. Some dealerships will offer you an auto insurance policy as part of the buying process, but it's best to let your auto insurance company know beforehand.
What car insurance discounts can I get for my Cadillac CT4?
There are a variety of discounts out there when it comes to insurance. Many of them (like "multi-policy discounts" and "pay-in-full discounts") are more based on you than the CT4 you drive, but if your CT4 has safety features like anti-lock brakes, anti-theft systems, airbags, and other features, it may qualify for certain discounts. The only way to find out is to contact your insurance carrier and ask about their list of discounts, since they differ quite a bit from carrier to carrier.