Hyundai Veracruz Insurance Rates

The average insurance rates for a Hyundai Veracruz are $900 a year with full coverage. Comprehensive costs approximately $160, collision costs $202, and liability is $402. Liability-only coverage costs around $446 a year, with high-risk coverage 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 by type of insurance:

Rates are based on $500 deductibles, 30/60 split liability limits, and includes both medical and UM/UIM coverage. Prices are averaged for all U.S. states and for different Veracruz trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city can have significant affects on the price of insurance. Rural locations are shown to have a lower frequency of collision claims than densely populated cities.

The price range example below illustrates how where you live affects auto insurance prices.

The examples above demonstrate why anyone shopping for car insurance should compare rates quotes using their specific location and risk profile, instead of using average rates.

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

Rate Comparisons

The chart below details estimated Hyundai Veracruz insurance rates for additional coverage and risk scenarios.

• The best discount rate is $546
• Raising to $1,000 deductibles will save $82 annually
• The average rate for a good driver age 40 who chooses $500 deductibles is $900
• Using more expensive low deductibles will increase the cost to $1,054
• At-risk drivers who are prone to accidents and violations could pay around $1,928 or more
• Policy cost for full coverage for a teen driver with full coverage can cost $3,568

View Chart as Image

Insurance rates for a Hyundai Veracruz also range considerably based on your risk profile, the trim level and model year, and physical damage deductibles and liability limits.

An older driver with no violations or accidents and high deductibles may pay as little as $900 every 12 months on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay in the ballpark of $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 $650 a year in states like Utah, Ohio, and New Hampshire, or be forced to pay as much as $1,210 on average in New York, Michigan, and Florida.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $240 every year, while increasing your policy's liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will raise rates by up to $362 more each year. View Rates by Deductible or Liability Limit

If you have a few points on your driving record or tend to cause accidents, you may be forking out anywhere from $1,100 to $1,500 additional every year, depending on your age. High-risk driver insurance is expensive and can cost as much as 42% to 136% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the best way to find out who has the cheapest auto insurance rates is to compare rates and see which company has the best rate. Every auto insurance company uses a different method to calculate rates, and rates 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 the Best Cheap Hyundai Veracruz Insurance

Finding cheaper rates on car insurance consists of not taking risks behind the wheel, having a good credit history, not filing small claims, and qualifying for all possible discounts. Take the time to comparison shop at least every other year by requesting quotes from direct companies like GEICO, Progressive, and Esurance, and also from several local insurance agents.

The following is a quick review of the car insurance concepts touched on in the above illustrations.

• Higher risk drivers with a DUI or reckless driving violation pay on average $1,030 more per year for Veracruz insurance
• You may be able to save around $100 per year simply by shopping early and online
• Increasing comprehensive and collision deductibles can save around $225 each year
• Policyholders who purchase higher liability limits will pay an extra $440 every year to raise from a 30/60 limit to 250/500 limits