Hyundai Veracruz Insurance Rates

Estimated insurance prices for a Hyundai Veracruz are $930 every 12 months for full coverage. Comprehensive costs on average $170 each year, collision costs $222, and liability is $402. Liability-only insurance costs around $446 a year, with high-risk driver insurance costing around $1,998. Teenage drivers pay the most at $3,664 a year or more.

Average premium for full coverage: $930

Premium estimates by type of coverage:

Estimates include $500 comprehensive and collision deductibles, minimum liability limits, and includes UM/UIM and medical coverage. Rates include averaging for all states and Veracruz models.

Insurance Price Range by Risk and Coverage

Insurance Price Range by Location

Choosing to live in a large city can make a big difference on car insurance rates. Rural areas are statistically proven to have more infrequent accident claims than densely populated cities.

The graphic below illustrates how rural and urban location affects car insurance rates.

These rate differences show why all drivers should compare rates quotes based on a specific location and their own driving history, instead of making a decision based on average rates.

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

Rates by State, City, and Model

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

• The best discount rate is $561
• Raising to $1,000 deductibles will save around $90 a year
• The average price for a 40-year-old good driver with $500 deductibles is $930
• Using low deductibles increases the price to $1,100
• Drivers who are prone to accidents and violations could pay upwards of $1,998 or more
• An auto insurance policy to insure a 16-year-old driver may cost $3,664

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Insurance prices for a Hyundai Veracruz also have a wide range based on physical damage deductibles and liability limits, your driver profile, and the trim level of your Veracruz.

Using high physical damage deductibles can reduce prices by up to $260 annually, whereas increasing liability limits will cost you more. Going from a 50/100 liability limit to a 250/500 limit will cost up to $362 more each year. View Rates by Deductible or Liability Limit

More mature drivers with no violations or accidents and higher deductibles may pay as low as $900 every 12 months on average, or $75 per month, for full coverage. Prices are much higher for drivers in their teens, since even excellent drivers should be prepared to pay upwards of $3,600 a year. View Rates by Age

If you have a few violations or you were responsible for an accident, you could be paying at a minimum $1,100 to $1,600 additional annually, depending on your age. Insurance for high-risk drivers is expensive and can cost from 44% to 132% more than a normal policy. View High Risk Driver Rates

Where you choose to live also has a big influence on Hyundai Veracruz insurance prices. A middle-age driver might find prices as low as $610 a year in states like Idaho, Maine, and Iowa, or be forced to pay as much as $1,330 on average in Michigan, Louisiana, and New York.

View Chart as Image

With such a large range in prices, the only way to know exactly what you will pay is to do a rate comparison from multiple companies. Every auto insurance company uses a different method to calculate prices, and prices will be substantially different.

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 Shop for Low Cost Hyundai Veracruz Insurance

Finding better rates on insurance for a Hyundai Veracruz consists of having a decent driving record, having above-average credit, not filing small claims, and insuring your home and auto with the same company. Set aside time to shop around every couple of years by quoting rates from direct carriers, and also from local independent and exclusive agents.

The following items are a review of the material that was raised in the charts and tables above.

• Insureds who require additional liability coverage will pay an extra $440 each year to raise from 30/60 bodily injury limits to a 250/500 level
• 16 to 18-year-old drivers pay higher prices, as much as $305 per month if full coverage is included
• Drivers considered higher risk who have several accidents or serious violations pay an average of $1,070 more each year than a driver with a clean driving record
• Increasing policy deductibles could save as much as $250 each year