UPDATED: Mar 13, 2020
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We partner with top insurance providers. This doesn’t influence our content. Our opinions are our own.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
Cadillac ELR Car Insurance
It can be really exciting to own a technologically-advanced hybrid, especially when it’s a luxury vehicle. But not all car insurance companies may be excited about that as you are.
Regardless, you’re going to need adequate coverage for your Cadillac ELR plug-in hybrid, and of course, you’re going to want it at an affordable price. We’ll be happy to help you do that – just keep reading for more information.
A Brief History of the Cadillac ELR
The Cadillac ELR was only in production from 2014 until 2016. Because both Cadillac and Chevrolet fall under the General Motors umbrella, the ELR had a lot in common with its cousin, the Chevy Volt.
However, more customers were willing to sacrifice brute engine power in favor of the more affordable Volt with a higher fuel economy and lower MSRP.
Used models are still available today for drivers who want a hybrid with an MPG similar to that of a Volt but the luxury look and feel of a Cadillac.
Enter your zip code below to view companies that have cheap auto insurance rates.
Secured with SHA-256 Encryption
Cadillac ELR in the News
There was several things going against the Cadillac ELR from the beginning. Between a whopping $75,000 price tag, inferior fuel economy compared to similar vehicles, and dismal sales of less than 3,000 units, it’s no surprise the Cadillac and GM terminated the model after barely two years of production.
These days, you can find a used ELR for around $20,000, which is nearly a $60,000 marked down from its original retail value.
Comparing Cadillac ELR Auto Insurance
Finding a good deal on Cadillac ELR car insurance may vary even more by location than a regular car would. This is because certain states offer lucrative tax breaks and discounts to drivers who are willing to get this technology off the ground.
Other states, unfortunately, don’t consider subsidizing hybrid car sales to be a priority. It’s a good idea to do some research and find out what subsidies, if any, are available for hybrid vehicles near you.
You may be able to use this as bargaining leverage to get a better price on your auto insurance premium.
Free Car Insurance Comparison
Compare Quotes From Top Companies and Save
Secured with SHA-256 Encryption
Likewise, different insurance companies will have their own set of priorities when it comes to ensuring hybrid vehicles. Many companies out there actually charge higher premiums for hybrid and electric vehicles because the technology is so new and repair/replacement costs for these vehicles can get pretty pricey.
Others may be a little more forgiving, especially if they’re getting some sort of green energy subsidy from the government in order to encourage their customers to drive hybrids.
But to know for sure, you’re going to have to contact insurance companies directly to figure out what their stances, and how they adjust their rates accordingly.
Regardless of whether your vehicle is gas-powered, hybrid, or electric, your credit score is also going to influence what your insurance company decides to charge.
Insurance companies like drivers who they suspect will make all their payments on time, and they like drivers who are responsible with their money in the first place.
This makes them feel like you will cost them less money in the long run to ensure, and many of them like to reward their customers with lower premiums as a way of saying thanks.
As we said earlier, shopping around for a good quote among different companies is very important – perhaps even more important given the type of vehicle you are trying to cover.
The more specific your insurance needs are, the more you will need to develop a good relationship with your auto insurance agency in order to get the best rate.
Let us help you get started by finding quotes from the best providers in your area. That way, you’ll know who the start talking to – and who to avoid!
Other Popular Models From Cadillac
- Cadillac CTS
- Cadillac CTS-V
- Cadillac DTS
- Cadillac DTS Pro
- Cadillac Escalade
- Cadillac Escalade ESV
- Cadillac Escalade EXT
- Cadillac Escalade Hybrid
- Cadillac SRX
- Cadillac STS
- Cadillac STS-V
- Cadillac ATS
- Cadillac ATS-V
- Cadillac CT6
- Cadillac CT6 Hybrid
- Cadillac XLR
- Cadillac XLR-V
- Cadillac XT5
- Cadillac XTS
- Cadillac XTS Pro