Hyundai Veracruz Insurance Rates

The average insurance rates for a Hyundai Veracruz are $900 a year for full coverage. Comprehensive insurance costs an estimated $160 each year, collision costs $202, and liability insurance is estimated at $402. Liability-only coverage costs approximately $446 a year, with high-risk coverage costing $1,928 or more. Teenage drivers cost the most to insure at $3,568 a year or more.

Average premium for full coverage: $900

Policy rates broken down by type of insurance:

Price estimates include $500 physical damage deductibles, 30/60 liability coverage, and includes UM/UIM and medical coverage. Prices are averaged for all states and Veracruz models.

Price Range Variability

Urban vs. Rural Price Range

Living in a larger city has a significant impact on insurance rates. More rural locations are shown to have a lower frequency of accident claims than densely populated cities.

The graphic below illustrates how where you live affects insurance prices.

The examples above show why all drivers should get quotes for a targeted area and risk profile, rather than relying 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 other coverage scenarios.

• The best discount rate is $546
• Choosing higher $1,000 deductibles can save approximately $82 a year
• The average rate for a good driver age 40 who has $500 deductibles is $900
• Using low deductibles for comp and collision coverage will cost an extra $154 a year
• High-risk insureds who are prone to accidents and violations could pay up to $1,928 or more
• Policy cost for full coverage for a teen driver can cost as much as $3,568 each year

View Chart as Image

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

More mature drivers with no violations or accidents and high deductibles could pay as little as $900 annually on average, or $75 per month, for full coverage. Rates are much higher for teenagers, where even good drivers should be prepared to pay at least $3,500 a year. View Rates by Age

Your home state plays a big part in determining prices for Hyundai Veracruz insurance rates. A good driver about age 40 could pay as low as $590 a year in states like Iowa, Maine, and Idaho, or be forced to pay as much as $1,280 on average in New York, Louisiana, and Michigan.

View Chart as Image

Using high physical damage deductibles can save as much as $240 each year, whereas increasing liability limits will increase premiums. Going 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 could be paying $1,100 to $1,500 additional every year, depending on your age. Insurance for high-risk drivers ranges anywhere from 42% to 136% more than a normal policy. View High Risk Driver Rates

Because rates have so much variability, the only way to know which auto insurance is cheapest is to do a rate comparison from as many companies as possible. Each auto insurer 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 Cheaper Hyundai Veracruz Insurance

Finding cheaper rates on Hyundai Veracruz insurance takes being a safe and courteous driver, having a good credit history, avoid buying unnecessary coverage, and maximizing policy discounts. Take the time to comparison shop every year by getting quotes from direct carriers like GEICO, Progressive, and Esurance, and also from local independent and exclusive agents.

Below is a condensed summary of the coverage data touched on in the above illustrations.

• Drivers can save approximately $100 per year simply by quoting online in advance
• Increasing comprehensive and collision deductibles can save around $225 each year
• Teenage drivers are expensive to insure, costing up to $297 each month including comprehensive and collision insurance
• High-risk drivers with multiple at-fault accidents pay an average of $1,030 more annually for auto insurance