Cadillac Eldorado Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Cadillac Eldorado costs less than most other cars to insure.
• Full coverage auto insurance for an Eldorado averages around $116 a month, on average, while liability only insurance typically runs about $62.
• United Absolute offers the lowest average rates for an Eldorado with liability only coverage offered for as cheap as just $22 per month.

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Eldorado Overview

The Cadillac Eldorado is on the more expensive end of the spectrum, with base prices starting at $38,306 for 2002 models. With three different trim levels currently available, you'll be sure to find an option to fit your style.

We sifted through thousands of car insurance quotes on Compare.com, and we've found that Cadillac Eldorado insurance rates average out to around $76 a month. Compared to other vehicles in the market, how do Eldorado car insurance premiums stack up?

How Much is Car Insurance for a Cadillac Eldorado?

In the table above, you'll find that Cadillac Eldorado insurance prices are below average. Eldorado owners normally pay about $116 per month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $62 monthly for liability only insurance (our guide, "State Minimum vs. Full Coverage", can give you more information on these different types of insurance).

When compared to other models, the Eldorado is more affordable, with rates around 31% lower than Cadillac's other vehicle offerings. Likewise, coverage for the Eldorado is cheaper than average when compared to other vehicles of a similar body style, with both full coverage and liability only insurance averaging less expensive prices than other cars.

Overall, they're just more affordable to insure than the average vehicle, no matter what body style, make, or model they are.

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Who has the Cheapest Car Insurance for a Cadillac Eldorado?

Browsing for a car insurance policy for your Cadillac Eldorado? You might want to know which carrier offers the cheapest prices. Although there will never be one company that offers the cheapest premiums for everyone, the most affordable average rates for liability only insurance are as cheap as $22 per month from United Absolute. The next lowest carrier is Workmens, who offers auto insurance as little as just $25 a month.

Rounding out the list are Mile Auto, Commonwealth Casualty, and CaliforniaCasualty. But just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest carriers for you and your unique insurance profile.

Auto insurance companies take multiple different things into consideration when calculating monthly rates. Because every driver is different, there's only one way to ensure you get the most affordable prices, and that's by getting personalized quotes and comparing rates from multiple insurance carriers.

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What Factors Affect Car Insurance Rates for a Cadillac Eldorado?

There are many factors that car insurance companies consider to determine how much to charge you -- and every company weighs different variables more heavily than others, so there's not just one carrier that's the cheapest for each driver.

Below are just a few of the variables insurance carriers look at and how each one affects your final rate:

Vehicle Age

Cadillac has been making the Eldorado for quite some time, so the car's age may make a difference in how much you'll pay for auto insurance. Typically, older cars will be cheaper to insure because they're worth less than newer models, and as time goes on and Eldorados continue to depreciate, insurance costs will gradually go down.

A new Cadillac Eldorado model hasn't been added to the market for over 5 years, so there isn't data to analyze this trend. However, as you can see in the table above, the most expensive Cadillac Eldorados to insure are those that are 15 years old or more, while the cheapest models are Eldorados that are 11 to 14 years old, on average.

Your Age

Age makes a big difference in how much car insurance companies will charge. Based on the information above, drivers with more experience pay less than drivers under 24. Cadillac Eldorado drivers who are 18 to 24 actually pay $43 more than those 25 or older.

Insurance prices continue to get lower as you get older, with the cheapest age group being 55-64 for Eldorado drivers.

Your Gender

Because women are less likely to get speeding tickets and get into accidents, they have a lower chance of filing a claim with insurance. So, women tend to pay less for auto insurance than men. When it comes to Eldorado drivers specifically, men pay about $63 monthly for insurance, while women pay around $59.

Where You Live

You might think it's common sense that things such as what vehicle you drive and how old you are play a role in your auto insurance prices, but you may not realize that where you live matters, too. Because insurance is regulated at the state level, rates can fluctuate quite a bit from state to state.

For example, Georgia has rates for Eldorado drivers that are more expensive than other states.

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Cadillac Eldorado Car Insurance Discounts

No matter your home state, your age, or your car, using as many discounts as possible when it comes to your car insurance is always important when shopping around for a policy.

Not every auto insurance company will offer the same discounts, but there are a few that are relatively universal. These include discounts like:

• Multi-vehicle discounts for having several cars on your auto policy
• Pay-in-full discounts for choosing to pay your entire policy premium up front, rather than in monthly installments
• Defensive driving discounts for taking a defensive driving class from a certified 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 safety ratings

While taking advantage of discounts is always a smart way to save money on your insurance, sometimes, it's actually your driving history and insurance profile that get you the best rates.

Although you can't control every single aspect of your car insurance profile (like some of the attributes we mentioned above), you do have a say over some of it. Below are just a few of the variables you can use to your favor when it comes to cost savings:

Your Driving Record

You've no doubt observed ads from auto insurance carriers promoting big savings for responsible drivers. And you probably wouldn't be surprised that your car insurance premiums will get higher if you get into a collision or get a speeding ticket. But you're probably wondering exactly how much these infractions will cost you.

Looking at the table above, you'll notice that accidents will usually cost Eldorado drivers less than tickets, but both will result in above average rates. Cadillac Eldorado drivers with one accident on their record pay about $80 every month (up $18 from the $62/mo. overall average), while drivers with a single ticket will pay an average of $88 per month. The rates only go higher the more collisions you have or tickets you get.

How Much You Drive

The amount of miles you drive each year plays a role in your insurance prices. Those who drive less are less likely to get into collisions, so they'll usually end up spending less on auto insurance. Based on the table above, you can see that Cadillac Eldorado owners who drive 10,000 miles or more pay $66 for car insurance, while those who drive fewer than 2,500 miles per year pay an average of $50 monthly.

But if you don't drive much because you work from home or have a second vehicle, you might consider choosing a usage-based or pay-per-mile insurance policy. With these kinds of plans, you pay a small base rate each month, with your final monthly bill being calculated based on how many miles you drove.

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How Do Cadillac Eldorados Compare to Other Vehicles?

If you're considering buying a new car and a Cadillac Eldorado is on your shortlist, it might be helpful to do your research. Car insurance is just one cost that's associated with a new car purchase, but it's guaranteed to be one that's worth taking into consideration.

Review the table below to see how the Cadillac Eldorado compares:

With an MSRP that's a quarter more than the going rate for a new vehicle, the Cadillac Eldorado is more expensive than average. The Eldorado retails at $38,306, a bit more expensive than the national average vehicle price of $28,031. And since it's been a few years since a new Eldorado model has been on the market, used prices are going to be even lower.

Although the purchase price is on the more expensive end of the spectrum, auto insurance rates are cheaper when compared to the rest of the vehicle market. Full coverage insurance for a Cadillac Eldorado is about $75 a month cheaper than average, while liability only coverage is over $20 cheaper a month.

When it comes to usage, Cadillac Eldorado drivers are far from the national average in annual miles driven, with 11,617 miles for all vehicles a year compared to the Eldorado's 9,858 each year.

Cadillac Eldorado Car Insurance Costs by Model Year

We've walked through many of the factors that can have an impact on how much the average driver pays to insure a Cadillac Eldorado. But if you're considering buying a new vehicle and the Eldorado is one you're thinking about, having a good idea of exactly how much you'll pay can be extremely valuable as you weigh your options.

Choose Your Model

2002 Cadillac Eldorado Car Insurance 2001 Cadillac Eldorado Car Insurance 2000 Cadillac Eldorado Car Insurance 1999 Cadillac Eldorado Car Insurance 1998 Cadillac Eldorado Car Insurance 1997 Cadillac Eldorado Car Insurance 1996 Cadillac Eldorado Car Insurance 1995 Cadillac Eldorado Car Insurance 1994 Cadillac Eldorado Car Insurance 1993 Cadillac Eldorado Car Insurance 1992 Cadillac Eldorado Car Insurance 1991 Cadillac Eldorado Car Insurance 1990 Cadillac Eldorado Car Insurance

2002 Cadillac Eldorado Car Insurance

On average, drivers who own a 2002 Eldorado can expect to pay $57 to $94 per month for liability only and full coverage car insurance, respectively.

StateAuto has prices as little as $22 a month for the 2002 Cadillac Eldorado.

Want something more accurate than national averages? Get multiple free customized quotes by just entering your ZIP code below.

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2001 Cadillac Eldorado Car Insurance

You can expect full coverage for a 2001 Cadillac Eldorado to run around $117 monthly, while liability only coverage will average about $59 a month.

Safeco offered the lowest policy we found, with rates sometimes as low as $19 monthly.

If you want to know just how much your price will be, just enter your ZIP code below and get free quotes in minutes.

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2000 Cadillac Eldorado Car Insurance

It costs around $55 per month for liability or $213 for a full coverage policy for the 2000 Eldorado.

With rates as low as just $11 a month, The General offered the cheapest policy we found for the 2000 Cadillac Eldorado.

If you want to know just how much your premium will be, get free quotes in minutes by just entering your ZIP code below.

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1999 Cadillac Eldorado Car Insurance

The average cost to insure a 1999 Cadillac Eldorado with liability only coverage is $69 monthly, while full coverage runs about $123 per month.

With premiums sometimes as cheap as $24 a month, MetLife offered the most affordable policy we found.

If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.

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1998 Cadillac Eldorado Car Insurance

1998 Eldorado drivers can expect to pay an average of $59 per month for liability or $147 for full coverage.

Looking for the lowest policy? Gainsco offered liability only coverage for sometimes as little as $18 monthly.

While these are good estimates of what the average driver might pay to insure a 1998 Cadillac Eldorado, these rates might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

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1997 Cadillac Eldorado Car Insurance

It costs around $61 a month for liability or $91 for a full coverage policy for the 1997 Cadillac Eldorado.

We found Infinity offered the cheapest policy, with rates as low as $20 per month.

Interested in exactly how much you'll pay? Just enter your ZIP code below to get lots of customized quotes for free.

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1996 Cadillac Eldorado Car Insurance

You can expect full coverage for a 1996 Eldorado to run about $89 monthly, while liability only coverage will average around $90 a month.

If you're looking for the cheapest possible 1996 Cadillac Eldorado insurance policy, MetLife offered the most affordable policy we found, with rates as little as just $26 monthly.

If you want to know just how much your rate will be, just enter your ZIP code below and get several free quotes in minutes.

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1995 Cadillac Eldorado Car Insurance

On average, drivers who own a 1995 Cadillac Eldorado can expect to pay $60 to $94 per month for liability only and full coverage insurance, respectively.

We found SafeAuto offered the lowest policy, with rates sometimes as little as $17 monthly.

If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.

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1994 Cadillac Eldorado Car Insurance

1994 Eldorado drivers can expect to pay an average of $73 a month for liability or $64 for full coverage.

Gainsco has premiums sometimes as low as $36 per month for the 1994 Cadillac Eldorado.

Want to find the best rates? Get a variety of customized quotes for free by just entering your ZIP code below.

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1993 Cadillac Eldorado Car Insurance

The average cost to insure a 1993 Cadillac Eldorado with liability only coverage is $47 monthly, while full coverage runs about $138 a month.

With prices as little as $23 per month, Commonwealth Casualty offered the cheapest policy we found for the 1993 Cadillac Eldorado.

While these are good estimates of what the average driver might pay to insure a 1993 Cadillac Eldorado, these premiums might differ based on your driver profile. Just enter your ZIP code below, to get free personalized quotes in minutes.

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1992 Cadillac Eldorado Car Insurance

It costs around $56 monthly for liability or $72 for a full coverage policy for the 1992 Eldorado.

If you're looking for the most affordable 1992 Cadillac Eldorado insurance policy, MetLife offered the lowest policy we found, with rates as low as just $21 a month.

Want to know exactly what your auto insurance price will be? Enter your ZIP code below to get several free personalized quotes.

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1991 Cadillac Eldorado Car Insurance

You can expect full coverage for a 1991 Cadillac Eldorado to run about $133 per month, while liability only coverage will average around $77 a month.

With rates as low as $29 per month, Dairyland offered the cheapest policy we found.

If you're looking for a more exact figure on what you should pay for car insurance for a 1991 Cadillac Eldorado, you can get free quotes in minutes by just entering your ZIP code below.

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1990 Cadillac Eldorado Car Insurance

On average, drivers who own a 1990 Eldorado can expect to pay $53 to $80 monthly for liability only and full coverage insurance, respectively.

Looking for the most affordable policy? Elephant offered liability only coverage for sometimes as cheap as $18 per month.

If you want to know exactly how much you can expect to pay for your Eldorado, just enter your ZIP code below and get free quotes in minutes.

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Cadillac Eldorado Insurance FAQs

Is a Cadillac Eldorado expensive to insure?

Liability insurance runs an average of $62 a month, while full coverage will cost you around $116. The Cadillac Eldorado is relatively cheap to insure compared to the average vehicle.

How can I get the best price on car insurance for my Cadillac Eldorado?

The only way to ensure you're getting the cheapest price on auto insurance is to regularly shop around and compare quotes from a bunch of companies. It's recommended to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from a lot of carriers at once, meaning you can find the lowest rates (or guarantee you already have the best deal) for free.

Does the color of my Cadillac Eldorado affect my insurance premiums?

You've probably heard the old adage that red cars cost more to insure than cars of other colors, but that's actually not the case. While there are a variety of variables car insurance companies examine when they calculate how much you'll pay, the color of your Cadillac Eldorado is not used to make that determination.

Do I need to have insurance before I buy a Cadillac Eldorado?

Before you can legally drive your new (or new to you) vehicle off the dealership lot, you'll need to have a car insurance policy in place. Some dealerships will offer you an insurance policy as part of the buying process, but it's best to let your insurance carrier know beforehand.

What car insurance discounts can I get for my Cadillac Eldorado?

There are many different discounts out there for auto insurance. Many of them (like "multi-vehicle discounts" and "pay-in-full discounts") are based less on your car and more on you, but if your Eldorado has safety features like anti-theft systems, anti-lock brakes, airbags, and other features, it may be eligible for certain discounts. The only way to know is to get in touch with your insurance company and ask about their discounts, since they differ quite a bit from company to company.