How Much Is Insurance for a Cadillac CTS-V in 2023?

How Much Is Insurance for a Cadillac CTS-V?

How Much Is Insurance for a Cadillac CTS-V

The Cadillac CTS-V is a high-performance version of the Cadillac CTS sedan. It features a supercharged 6.2-liter V8 engine that delivers 640 horsepower and 630 pound-feet of torque. The CTS-V can accelerate from 0 to 60 mph in 3.7 seconds and reach a top speed of 200 mph. It also comes with a sport-tuned suspension, Brembo brakes, Recaro seats, and a carbon fiber hood.

The CTS-V is not only a powerful car, but also an expensive one. The base price for the 2022 model year was $86,995, which is more than double the price of the regular CTS sedan. The high cost of the CTS-V also affects its insurance rates, which are among the highest in its class.

According to various sources, the average cost of car insurance for a Cadillac CTS-V is around $170 to $225 per month, or $2,040 to $2,701 per year. This is significantly higher than the national average of $1,674 per year for all vehicles, and also higher than the average of $2,192 per year for all large luxury cars.

There are several factors that influence how much you pay for car insurance for your Cadillac CTS-V. Some of these factors are related to your personal profile, such as your age, driving record, credit score, location, and annual mileage. Other factors are related to your vehicle itself, such as its make and model year, safety features, theft rate, repair costs, and performance capabilities.

Generally speaking, younger drivers pay more for car insurance than older drivers because they are considered more risky behind the wheel. Drivers with clean driving records pay less than drivers with tickets or accidents because they have proven their responsibility on the road. Drivers with good credit scores pay less than drivers with poor credit scores because they are seen as more financially stable and less likely to file claims. Drivers who live in urban areas pay more than drivers who live in rural areas because they face more traffic congestion and crime risks. Drivers who drive more miles per year pay more than drivers who drive less because they have more exposure to potential accidents.

As for your vehicle itself, some features can help you save money on car insurance while others can increase your rates. For example,

  • Safety features: The Cadillac CTS-V comes with standard safety features such as airbags,
    antilock brakes,
    stability control,
    rearview camera,
    and OnStar emergency services.
    It also offers optional features such as blind spot monitoring,
    lane departure warning,
    forward collision alert,
    and adaptive cruise control.
    These features can help you avoid or mitigate accidents, which can lower your risk level and your premiums.
  • Theft rate: The Cadillac CTS-V has a relatively low theft rate compared to other luxury cars. According to data from the National Insurance Crime Bureau (NICB), only 10 Cadillac CTS models were reported stolen in 2022, out of which only one was a CTS-V.
    This means that you are less likely to file a theft claim if you own a CTS-V, which can reduce your rates.
  • Repair costs: The Cadillac CTS-V has high repair costs due to its complex engineering and expensive parts.
    According to data from, the average annual repair cost for a Cadillac CTS-V is $1073, which is much higher than the average of $631 for all large luxury cars. This means that if you get into an accident or need maintenance work on your CTS-V you will likely face higher bills which can increase your rates.
  • Performance capabilities: The Cadillac CTS-V has exceptional performance capabilities due to its powerful engine
    and sporty design. However these capabilities also come with drawbacks when it comes to car insurance
    The faster and more agile your car is the more likely you are to drive recklessly or attract attention from law enforcement or thieves. This can increase your chances of getting into accidents or receiving tickets which can raise your risk level and your premiums

To sum up-
car insurance for a Cadillac CTS-V is expensive because it is an expensive car with high performance capabilities
high repair costs and low theft rate

However you can still find ways to save money on your policy by comparing quotes from different insurers
choosing higher deductibles
taking advantage of discounts
and maintaining a good driving record

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