Hyundai Veracruz Insurance Rates

The average insurance rates for a Hyundai Veracruz are $900 a year for full coverage. Comprehensive insurance costs an estimated $160 a year, collision costs $202, and liability is $402. A liability-only policy costs around $446 a year, with high-risk insurance costing $1,928 or more. 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:

Full coverage includes $500 policy deductibles, 30/60 liability limits, and includes uninsured motorist and medical coverage. Prices are averaged for all states and Veracruz trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can make a big difference on insurance rates. More rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The diagram below illustrates the difference between rural and urban areas on insurance prices.

The examples above show why it is important to compare rates quotes for a targeted area and risk profile, instead of making a decision based on average rates.

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

Additional Rate Information

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

• The best discount rate is $546
• Raising to $1,000 deductibles will save approximately $818 a year
• The average rate for a good driver age 40 who has $500 deductibles is $900
• Using low $100 deductibles will cost an extra $154 annually
• Drivers who are prone to accidents and violations could pay up to $1,928 or more
• Policy cost for full coverage for a 16-year-old driver can cost as much as $3,568

View Chart as Image

Car insurance rates for a Hyundai Veracruz also range considerably based on your risk profile, the trim level of your Veracruz, and liability limits and deductibles.

Older drivers with no driving violations and high deductibles may pay as low as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers will be charged at least $3,500 a year. View Rates by Age

Your home state also has a big influence on Hyundai Veracruz insurance prices. A middle-age driver might find rates as low as $590 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,280 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $240 annually, while buying higher liability limits will increase premiums. Going from a 50/100 limit to a 250/500 limit will raise rates by up to $362 extra every 12 months. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you could be paying $1,100 to $1,500 extra every year, depending on your age. A high-risk auto insurance policy is expensive and can cost from 42% to 136% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to get quotes from multiple companies. Every auto insurance company uses a different method to calculate rates, so rate quotes will be varied from one company to the next.

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 More Affordable Hyundai Veracruz Insurance

Finding cheaper rates on insurance for a Hyundai Veracruz consists of being safe and accident-free, having above-average credit, avoid buying unnecessary coverage, and not having any coverage lapses. Set aside time to compare rates at every policy renewal by obtaining price quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below you'll find a summary of the data covered above.

• Insureds who want more liability protection will pay an extra $440 each year to raise from a 30/60 limit to 250/500 limits
• Drivers can save approximately $100 per year simply by quoting early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• Youthful drivers have the highest car insurance rates, costing up to $297 each month if full coverage is included