Hyundai Veracruz Insurance Rates

Average insurance rates for a Hyundai Veracruz are $900 a year for full coverage insurance. Comprehensive insurance costs an estimated $160, collision insurance costs $202, and liability coverage costs $402. Buying just liability costs as little as $446 a year, and insurance for high-risk drivers costs $1,928 or more. Teenage drivers receive the highest rates at up to $3,568 a year.

Average premium for full coverage: $900

Rate estimates broken down by individual coverage type:

Full coverage includes $500 physical damage insurance deductibles, liability limits of 30/60, and includes medical/PIP and uninsured motorist coverage. Rates are averaged for all 50 states and for all Veracruz models.

Price Range by Coverage and Risk

Price Range by Location

Your location has a large influence on the price of insurance. More rural locations tend to have lower incidents of physical damage claims than densely populated cities. The example below illustrates how rural and urban location affects insurance prices.

These examples illustrate why everyone should compare rates for a targeted area, rather than using average rates.

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

Additional Charts and Tables

The chart below illustrates average Hyundai Veracruz insurance rates for other coverage scenarios.

• The best discount rate is $546
• Drivers who choose higher $1,000 deductibles will pay approximately $82 each year
• The estimated price for a 40-year-old driver who has $500 deductibles is $900
• Using pricier low deductibles for comprehensive and collision insurance will cost an additional $154 each year
• High-risk insureds who are prone to accidents and violations could pay up to $1,928
• The cost that insures a teenage driver for full coverage can cost as much as $3,568 a year

View Chart as Image

Auto insurance rates for a Hyundai Veracruz can also vary considerably based on the model of your Veracruz, your age and driving record, and liability limits and deductibles.

If you like to drive fast or you caused an accident, you are probably paying $1,100 to $1,500 in extra premium per year, depending on your age. Hyundai Veracruz insurance for high-risk drivers can cost around 42% to 136% more than a normal policy. View High Risk Driver Rates

A more mature driver with a good driving record and higher comprehensive and collision deductibles may only pay around $900 per year on average for full coverage. Rates are much higher for teen drivers, since even teens with perfect driving records will have to pay at least $3,500 a year. View Rates by Age

Where you live makes a big difference in Hyundai Veracruz insurance rates. A 40-year-old driver could pay as low as $590 a year in states like North Carolina, Wisconsin, and Vermont, or be forced to pay as much as $1,210 on average in Florida, New York, and Michigan.

View Chart as Image

Using high physical damage deductibles could save up to $240 a year, whereas buying more liability protection will increase premiums. Switching from a 50/100 bodily injury protection limit to a 250/500 limit will cost as much as $362 extra every year. View Rates by Deductible or Liability Limit

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

Saving money on auto insurance not only requires being a low-risk driver, but also maintaining a good credit score, avoid buying unnecessary coverage, and consideration of higher deductibles. Compare prices once a year by getting rate quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from local insurance agencies.

The items below are a summary of the data that was raised in the charts and tables above.

• It is possible to save approximately $100 per year just by quoting online well ahead of the renewal date
• Consumers who want more liability coverage will pay an extra $440 annually to go from a minimum limit to the 250/500 level
• Teen drivers are the costliest to insure, costing up to $297 per month if the policy includes full coverage
• Drivers who have multiple accidents or major violations may have to pay on average $1,030 more annually to insure their Veracruz