Insuring a Cadillac Escalade: Everything You Need to Know

• Cadillac Escalade insurance cost averages $3,256 per year or around $271 per month, depending on the trim level.
• The Escalade Luxury 2WD trim level is the cheapest 2024 model to insure at around $2,974 per year, or $248 per month.
• The model with the most expensive insurance is the V ESV 4WD at $3,660 per year, or around $305 per month.
• The Escalade ranks seventh out of 13 large SUVs for insurance affordability, and costs 10.8% less than the average rate for similar luxury models.

How much does Cadillac Escalade car insurance cost?

Average car insurance rates for the Cadillac Escalade cost $3,256 a year, which is about $271 each month. With the average large luxury SUV insurance costing $3,627 per year, the Escalade is $371 cheaper.

Average monthly payments to insure a 2024 Escalade for full coverage cost from $248 per month on the Escalade Luxury 2WD model to $305 per month on the V ESV 4WD model.

When full coverage policy cost is broken down into individual coverages, comprehensive coverage costs approximately $722 a year, collision coverage will cost approximately $1,806, and the remaining liability and medical payments insurance costs an estimated $728.

The chart below illustrates average 2024 Cadillac Escalade insurance cost using a variation of different driver ages and risk scenarios.

What does the cheapest Cadillac Escalade insurance cost?

The cheapest trim level of Cadillac Escalade to insure is the base Luxury 2WD model at $2,974 per year. The next cheapest trim is the base Luxury 4WD at $3,028 per year, and the third cheapest trim to insure is the ESV Luxury 2WD at $3,028 per year.

The most expensive trim levels of Cadillac Escalade to insure are the V ESV 4WD at $3,660 and the V 4WD at $3,642 per year. Those two trim levels will cost an extra $686 and $668 per year, respectively, over the least expensive base Luxury 2WD model.

The table below shows average Cadillac Escalade car insurance rates for both annual and 6-month policy terms, plus a monthly rate for budgeting purposes.

How does Escalade insurance cost rank?

The Cadillac Escalade ranks seventh out of 13 total vehicles in the 2024 full-size luxury SUV category. The Escalade costs an estimated $3,256 per year for full coverage insurance and the category average rate is $3,627 per year, a difference of $371 per year.

When compared to other large luxury SUVs, car insurance for a Cadillac Escalade costs $108 more per year than the Mercedes-Benz GLS450, $506 more than the Volvo XC90, $264 more than the BMW X7, and $980 less than the Land Rover Range Rover.

When compared to all vehicles (not just full-size luxury SUVs), average Cadillac Escalade insurance costs 37.8% more than the national average car insurance rate of $2,221 per year.

The table below shows how average Cadillac Escalade insurance rates compare to the entire large luxury SUV segment.

There is a pretty good range of sticker prices within the full-size luxury SUV segment, ranging from the Volvo XC90 which costs around $62,000 up to the Mercedes-Maybach GLS 600 costing around $161,000.

But if we take the vehicles that are priced closest to the Escalade and compare the cost to insure them, we gain another useful metric for comparison.

The 2024 Escalade has an average MSRP of $104,735, which ranges from $82,790 to $154,090, depending upon trim level and package.

The vehicles in the large luxury SUV segment that have the most similar average MSRP to the Escalade are the Lexus LX 600, Lincoln Navigator, and BMW X7. The next list shows how both the purchase price and the cost of insurance for those three models compare to the Cadillac Escalade.

• Cadillac Escalade vs. Lexus LX 600 – Having an average sticker price of $108,652 ($92,915 to $133,490), the 2024 Lexus LX 600 costs $3,917 more than the average cost of the Escalade. Insurance on a 2024 Escalade costs an average of $314 more per year than the Lexus LX 600.
• Cadillac Escalade vs. Lincoln Navigator – The average MSRP for a 2024 Cadillac Escalade is $4,538 more expensive than the Lincoln Navigator, at $104,735 compared to $100,197. Car insurance for the Lincoln Navigator costs an average of $254 less than the Cadillac Escalade.
• Cadillac Escalade vs. BMW X7 – For a new model, the sticker price on the 2024 BMW X7 averages $9,435 less than the average sticker price for the Escalade ($95,300 compared to $104,735). Drivers can expect to pay an average of $264 less annually to insure the BMW X7 compared to an Escalade.

For a full list of head-to-head comparisons, please visit our insurance rate comparisons index for links to many other makes and models of vehicles.

How much does vehicle age affect insurance cost?

Choosing to insure a 2016 Cadillac Escalade rather than a new 2024 model could reduce the cost of insurance by around $1,224 per year. New vehicles cost more to replace if they are totaled in an accident, and older models suffer depreciation which means they are worth less.

The data below details average insurance rates for current and prior Cadillac Escalade model years. Yearly policy costs range from the least expensive value of $1,898 for a 2014 Cadillac Escalade to the most expensive rate of $3,256 for a 2024 model year.

Additional Rates and Insights

Some additional details about Escalade auto insurance rates include:

• Improve your credit for cheaper auto insurance rates. In states that allow a driver’s personal credit information to be used as a rating factor, having a good credit rating over 800 could see savings as high as $511 per year when compared to a slightly lower credit rating between 670-739. Conversely, a lesser credit score could cost up to $593 more per year.
• Escalade insurance for teen drivers is expensive. Average rates for full coverage Escalade insurance costs $11,696 per year for a 16-year-old driver, $11,426 per year for a 17-year-old driver, and $10,408 per year for an 18-year-old driver.
• Don’t be a careless driver. Too many at-fault accidents will increase rates, potentially by an extra $4,810 per year for a 20-year-old driver and as much as $798 per year for a 60-year-old driver.
• Escalade insurance is expensive for high-risk drivers. For a 30-year-old driver, having too many accidents or violations could raise rates by $4,124 or more per year.
• Your profession could earn you policy discounts. Most car insurance companies offer policy discounts for certain professions like doctors, lawyers, police officers and law enforcement, nurses, architects, and other occupations. If you qualify, you could save between $98 and $228 on your yearly insurance bill, depending on the coverage levels.
• A clean driving record saves money. If you want to get the most budget-friendly Escalade insurance rates, it’s necessary to follow the law. Just a couple of blemishes on your driving record could end up increasing policy rates by as much as $880 per year. Being convicted of a major violation such as DUI and hit-and-run could raise rates by an additional $3,116 or more.
• The older you get, the cheaper insurance rates become. The difference in insurance cost for a Cadillac Escalade between a 50-year-old driver ($2,856 per year) and a 20-year-old driver ($6,692 per year) is $3,836, or a savings of 80.4%.