Land Rover LR2 Insurance Rates

Estimated insurance rates for a Land Rover LR2 are $1,078 a year for full coverage insurance. Comprehensive insurance costs an estimated $198 each year, collision costs $248, and liability insurance is $474. A liability-only policy costs around $522 a year, with high-risk insurance costing $2,314 or more. Teens pay the most at $4,260 a year or more.

Average premium for full coverage: $1,078

Premium estimates broken down by type of coverage:

Includes $500 physical damage insurance deductibles, minimum liability limits, and includes additional medical/uninsured motorist coverage. Rates include averaging for all 50 states and LR2 models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city has a significant impact on the price of insurance. More rural locations are statistically proven to have a lower frequency of physical damage claims than cities with more traffic congestion.

The graphic below illustrates how location helps determine insurance prices.

These rate differences illustrate why all drivers should compare rates quotes for a targeted area and risk profile, rather than relying on averaged prices.

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

Additional Rate Analysis

The chart below illustrates estimated Land Rover LR2 insurance rates for other coverage scenarios.

• The cheapest rate after discounts is $650
• Raising to $1,000 deductibles will save approximately $102 each year
• The average rate for a 40-year-old good driver who has $500 deductibles is $1,078
• Selecting low deductibles will cost an extra $194 a year
• Higher-risk drivers with serious driving violations could pay up to $2,314 or more
• An auto insurance policy for full coverage for a teen driver can cost as much as $4,260

View Chart as Image

Auto insurance prices for a Land Rover LR2 also have a wide range based on your driving characteristics, the model year and trim level, and liability limits and deductibles.

More mature drivers with a good driving record and high deductibles could pay as little as $1,000 every 12 months on average, or $83 per month, for full coverage. Prices are much higher for drivers in their teens, where even good drivers will have to pay at least $4,200 a year. View Rates by Age

Where you choose to live also has a big influence on Land Rover LR2 insurance rates. A middle-age driver might find prices as low as $710 a year in states like North Carolina, Wisconsin, and Vermont, or have to pay at least $1,460 on average in Florida, New York, and Michigan.

View Chart as Image

Choosing higher comprehensive and collision insurance deductibles can reduce prices by up to $300 each year, whereas increasing liability limits will increase premiums. Switching from a 50/100 limit to a 250/500 limit will cost up to $426 extra every year. View Rates by Deductible or Liability Limit

If you have a few violations or tend to cause accidents, you are probably paying $1,300 to $1,800 in extra premium annually, depending on your age. Insurance for high-risk drivers is expensive and can cost anywhere from 42% to 134% more than the average policy. View High Risk Driver Rates

With such a large range in prices, the only way to figure out which insurance company is cheapest is to do a rate comparison from as many companies as possible. Every auto insurance company calculates prices differently, and quoted prices will be substantially different 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 the Cheapest Land Rover LR2 Insurance

Finding better rates on Land Rover LR2 insurance consists of being a low-risk driver, having good credit, paying for small claims out-of-pocket, and qualifying for all possible discounts. Invest time comparing rates every couple of years by obtaining price quotes from direct insurance companies like Progressive, GEICO, and Esurance, and also from several local insurance agents.

The items below are a recap of the material that was covered in the charts and tables above.

• Drivers who want more liability coverage will pay approximately $520 annually to raise from 30/60 bodily injury limits to 250/500 limits
• Teen drivers are the costliest to insure, with premiums being up to $355 per month if they have full coverage
• High-risk drivers that have major violations or accidents pay on average $1,240 more annually to insure their LR2
• Increasing policy deductibles can save around $300 each year