Hyundai Veracruz Insurance Rates

The average insurance rates for a Hyundai Veracruz are $900 a year including full coverage. Comprehensive costs an estimated $160, collision costs $202, and liability is estimated at $402. Buying just liability costs approximately $446 a year, with insurance for high-risk drivers costing around $1,928. Teenage drivers cost the most to insure at $3,568 a year or more.

Average premium for full coverage: $900

Policy rates broken down by type of insurance:

Price estimates include $500 comprehensive and collision deductibles, liability limits of 30/60, and includes both medical and uninsured motorist insurance. Prices are averaged for all 50 U.S. states and for all Veracruz models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city can make a big difference on the price of auto insurance. More rural locations are shown to have lower incidents of comprehensive and collision claims than densely populated cities.

The example below illustrates how location helps determine insurance prices.

The examples above highlight why everyone should get quotes for a targeted area, instead of making a decision based on average rates.

Use the form below to get customized rates for your location.

Additional Rate Details

The chart below breaks down estimated Hyundai Veracruz insurance rates for other coverage scenarios.

• The best discount rate is $546
• Choosing higher $1,000 deductibles can save approximately $82 every year
• The estimated price for a good driver age 40 who has $500 deductibles is $900
• Using pricier low deductibles for comp and collision coverage bumps up the cost to $1,054
• Higher-risk drivers who are prone to accidents and violations could pay up to $1,928 or more
• Policy cost that insures a 16-year-old driver for full coverage can cost as much as $3,568 each year

View Chart as Image

Insurance rates for a Hyundai Veracruz also range considerably based on the model of your Veracruz, your driving record and age, and liability limits and deductibles.

If you have a few points on your driving record or you caused an accident, you are likely paying $1,100 to $1,500 extra every year, depending on your age. Hyundai Veracruz insurance for high-risk drivers ranges from 42% to 136% more than a normal policy. View High Risk Driver Rates

A more mature driver with a clean driving record and higher comprehensive and collision deductibles may pay as low as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, since even teens with perfect driving records can expect to pay at least $3,500 a year. View Rates by Age

Your home state plays a big part in determining prices for Hyundai Veracruz insurance prices. A good driver about age 40 could pay as low as $690 a year in states like Vermont, New Hampshire, and Missouri, or be forced to pay as much as $1,280 on average in Louisiana, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $240 annually, whereas buying more liability protection will increase premiums. Changing from a 50/100 bodily injury protection limit to a 250/500 limit will raise rates by up to $362 more per year. View Rates by Deductible or Liability Limit

Because rates have so much variability, the best way to figure out which auto insurance is cheapest is to regularly compare rates from multiple companies. Each auto insurer uses a different method to calculate rates, so the rates will be varied.

Insurance Rates by Trim Level and Model Year

Rates assume 2011 model year, a 40-year-old male driver with no accidents or violations, $500 comprehensive and collision deductibles, minimum liability limits, and uninsured/under-insured motorist coverage included. Rates are for comparison only and are averaged for all 50 U.S. states.

How to Find Cheaper Hyundai Veracruz Insurance

Finding cheaper rates on insurance for a Hyundai Veracruz takes having a decent driving record, having above-average credit, paying for small claims out-of-pocket, and taking advantage of discounts. Compare prices once a year by obtaining price quotes from direct car insurance companies, and also from your local car insurance providers.

The following items are a condensed summary of the data that was covered in the charts and tables above.

• You may be able to save approximately $100 per year simply by quoting online well ahead of the renewal date
• Insureds who want additional liability coverage will pay an extra $440 per year to raise limits from a 30/60 limit to the 250/500 level
• 16 to 18-year-old drivers are charged the highest rates, with premiums being up to $297 each month if full coverage is included
• Drivers considered higher risk with multiple at-fault accidents could be charged and average of $1,030 more annually than a driver with a clean driving record