Hyundai Veracruz Insurance Rates

Average insurance rates for a Hyundai Veracruz are $900 a year with full coverage. Comprehensive costs approximately $160 each year, collision costs $202, and liability costs $402. A policy with just liability insurance costs as little as $446 a year, with coverage for high-risk drivers costing around $1,928. Teens receive the highest rates at $3,568 a year or more.

Average premium for full coverage: $900

Rate estimates by individual coverage type:

These estimates include $500 comprehensive and collision deductibles, split liability limits of 30/60, and includes uninsured/under-insured motorist coverage. Rates are averaged for all U.S. states and Veracruz models.

Price Range by Coverage and Risk

Price Range by Location

Your location can have significant affects on the price of insurance. Rural locations tend to have a lower frequency of collision claims than cities with more traffic congestion.

The graphic below illustrates how location impacts auto insurance prices.

These examples demonstrate why all drivers should compare rates using their specific location and risk profile, instead of using averaged prices.

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

More Rate Information

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

• The cheapest rate after discounts is $546
• Drivers who choose higher $1,000 deductibles will pay $82 annually
• The average rate for a 40-year-old driver who chooses $500 deductibles is $900
• Selecting low deductibles for comprehensive and collision insurance will increase the cost to $1,054
• Higher-risk drivers with serious driving violations could pay around $1,928 or more
• The cost for full coverage for a teen driver can cost $3,568 a year

View Chart as Image

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

More mature drivers with no violations or accidents and high deductibles may pay as little as $900 per year on average for full coverage. Rates are much higher for teen drivers, where even good drivers should be prepared to pay in the ballpark of $3,500 a year. View Rates by Age

Where you live makes a big difference in Hyundai Veracruz insurance prices. A 40-year-old driver could pay as low as $650 a year in states like Utah, Ohio, and New Hampshire, or have to pay at least $1,210 on average in New York, Michigan, and Florida.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles could save up to $240 every year, whereas increasing liability limits will push rates upward. Moving from a 50/100 limit to a 250/500 limit will cost as much as $362 more each year. View Rates by Deductible or Liability Limit

If you like to drive fast or tend to cause accidents, you may be forking out anywhere from $1,100 to $1,500 additional per year, depending on your age. Insurance for high-risk drivers can cost as much as 42% to 136% more than the average policy. View High Risk Driver Rates

With so much variability in rates, the best way to find out who has the cheapest auto insurance rates is to do a rate comparison and see which company has the best rate. Every company calculates rates differently, and rates can be significantly different 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 Cheap Hyundai Veracruz Insurance

Saving money on car insurance not only requires having a decent driving record, but also having a good credit history, eliminating unnecessary coverage, and qualifying for all possible discounts. Spend time shopping around at least once a year by obtaining price quotes from direct companies like GEICO and Progressive, and also from several local insurance agents.

The following items are a brief summary of the primary concepts that were touched on above.

• You may be able to save around $100 per year simply by quoting online in advance
• Higher risk drivers that tend to have accidents or serious violations pay on average $1,030 more per year than a driver with a clean driving record
• Increasing deductibles can save around $225 each year
• 16 to 18-year-old drivers are the costliest to insure, with premiums as much as $297 per month including comprehensive and collision insurance