Hyundai Veracruz Insurance Rates

The average insurance rates for a Hyundai Veracruz are $900 a year including full coverage. Comprehensive costs on average $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:

Estimates include $500 deductible amounts, bodily injury liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Prices are averaged for all 50 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 make a big difference on car insurance rates. Rural areas are shown to have a lower frequency of comprehensive and collision claims than densely populated cities.

The price range example below illustrates how location helps determine car insurance rates.

The examples above highlight why anyone shopping for car insurance should compare rates quotes based on a specific location and risk profile, instead of making a decision based on average rates.

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

Additional Charts and Tables

The chart below breaks down estimated Hyundai Veracruz insurance rates for different risk profiles and scenarios.

• The best discount rate is $546
• Raising to $1,000 deductibles will save around $82 every year
• The average rate for a good driver age 40 with $500 deductibles is $900
• Using more expensive low deductibles will increase the cost to $1,054
• Drivers who are prone to accidents and violations could pay upwards of $1,928 or more
• Policy cost for full coverage for a 16-year-old driver with full coverage may cost $3,568

View Chart as Image

Insurance rates for a Hyundai Veracruz also range considerably based on your risk profile, the model of your Veracruz, and policy deductibles and limits.

An older driver with no violations or accidents 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 should be prepared to pay upwards 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 $690 a year in states like Missouri, New Hampshire, and Vermont, or be forced to pay as much as $1,280 on average in Michigan, New York, and Louisiana.

View Chart as Image

Using high physical damage deductibles can reduce rates by up to $240 annually, while increasing your policy's liability limits will cost you more. Changing 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 are likely paying at a minimum $1,100 to $1,500 additional every year, depending on your age. High-risk driver insurance 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 best way to figure out exactly what you will pay is to compare rates from multiple companies. 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 Low Cost Hyundai Veracruz Insurance

Finding cheaper rates on insurance for a Hyundai Veracruz consists of having a good driving record, having a good credit history, paying for small claims out-of-pocket, and insuring your home and auto with the same company. Invest time comparing rates every other policy renewal by requesting rates from direct car insurance companies like GEICO, Progressive, and Esurance, and also from local exclusive and independent agents.

The next list is a review of the ideas that were covered in the charts and tables above.

• Drivers age 20 and younger pay higher rates, with premiums being up to $297 each month including comprehensive and collision insurance
• Drivers considered higher risk who have several accidents or serious violations may pay on average $1,030 more each year to buy Hyundai Veracruz insurance
• Increasing comprehensive and collision deductibles can save around $225 each year
• You may be able to save as much as $100 per year simply by shopping early and online