Land Rover LR2 Insurance Rates

The average insurance rates for a Land Rover LR2 are $1,078 a year including full coverage. Comprehensive insurance costs approximately $198 a year, collision costs $248, and liability coverage is $474. Liability-only insurance costs around $522 a year, with high-risk driver insurance costing $2,314 or more. 16-year-old drivers cost the most to insure at $4,260 a year or more.

Average premium for full coverage: $1,078

Policy rates by type of insurance:

Prices are based on $500 physical damage insurance deductibles, split liability limits of 30/60, and includes additional medical/uninsured motorist coverage. Prices are averaged for all 50 U.S. states and LR2 trim levels.

Price Range Variability

Urban vs. Rural Price Range

Choosing to live in a large city has a large influence on car insurance prices. Rural locations are shown to have a lower frequency of comprehensive and collision claims than congested cities.

The diagram below illustrates how location helps determine auto insurance prices.

The examples above highlight why it is important to compare rates quotes using their specific location and risk profile, rather than using rate averages.

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

Additional Rate Analysis

The chart below breaks down estimated Land Rover LR2 insurance rates for additional coverage and risk scenarios.

• The best full coverage rate is $650
• Raising to $1,000 deductibles will save $976 every year
• The average rate for a good driver age 40 who chooses $500 deductibles is $1,078
• Buying low $100 deductibles will cost an extra $194 each year
• Unlucky drivers with multiple tickets or accidents could pay around $2,314 or more
• Policy cost for full coverage for a teenage driver can cost $4,260

View Chart as Image

Auto insurance rates for a Land Rover LR2 also range considerably based on your risk profile, the model of your LR2, and physical damage deductibles and liability limits.

Older drivers with a good driving record and high deductibles may only pay around $1,000 every 12 months on average, or $83 per month, for full coverage. Rates are highest for teenagers, where even good drivers will have to pay in the ballpark of $4,200 a year. View Rates by Age

Your home state also has a big influence on Land Rover LR2 insurance rates. A middle-age driver might find rates as low as $830 a year in states like Vermont, New Hampshire, and Missouri, or at least $1,540 on average in Louisiana, New York, and Michigan.

View Chart as Image

Opting for high physical damage deductibles can reduce rates by up to $300 a year, while buying higher liability limits will push rates upward. Changing from a 50/100 limit to a 250/500 limit will raise rates by up to $426 extra every 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 anywhere from $1,300 to $1,800 in extra premium every year, depending on your age. A high-risk auto insurance policy is expensive and can cost around 42% to 134% more than the average rate. View High Risk Driver Rates

Because rates have so much variability, the best way to figure out who has the best auto insurance rates is to get quotes and see how they stack up. Every auto insurance company utilizes a different rate formula, and quoted rates will be varied from one company to the next.

Insurance Rates by Trim Level and Model Year

Rates assume 2012 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 Affordable Land Rover LR2 Insurance

Finding cheaper rates on auto insurance consists of being a low-risk driver, having good credit, paying for small claims out-of-pocket, and not having any coverage lapses. Invest time comparing rates at least once a year by obtaining price quotes from direct car insurance companies like GEICO, Progressive, and Esurance, and also from insurance agencies where you live.

The items below are a brief review of the primary concepts that were covered in the charts and tables above.

• You may be able to save around $120 per year simply by quoting early and online
• Drivers with DUI or reckless driving convictions could be forced to pay on average $1,240 more per year to insure their LR2
• Increasing comprehensive and collision deductibles can save around $300 each year
• Teen drivers have the highest car insurance rates, with premiums being up to $355 each month if they have full coverage