Here is a breakdown of the average insurance premiums for Genesis cars.
The Genesis G80 is a beautiful, roomy sedan with all the bells and whistles you'd expect. With an average monthly premium of $156, the G80 has the cheapest auto insurance rates on this list. Although this is much higher than the average for all vehicles, it is significantly less than the average Genesis insurance premium.
The G70 from Genesis is another four-door vehicle. On average, insurance premiums for a Genesis G70 are approximately $201 per month.
Genesis G90 has the highest insurance premium on this list. However, when you consider that this car's MSRP begins at $74950, this is not that shocking. In general, a more expensive car will require a higher insurance premium.
Pay an average of $258 monthly for auto insurance when driving a G90. That expense will quickly accumulate! However, you may conclude that the premium sedan's price is justified.
The GV80 will not let down GV80 Drivers seeking a luxury SUV. The powerful SUV's all-terrain capabilities will allow you to extend your pleasant journey. In addition, travel with confidence, knowing that your car has superior safety features.
If you drive a GV80, you can anticipate paying an average of $219 monthly for auto insurance.
The GV70 is an excellent choice. This SUV has a package of safety features that complement its luxurious appointments. In addition, there are additional conveniences, such as a fingerprint reader that allows you to start your car.
Expect to pay $198 monthly for auto insurance if you want to drive this high-tech automobile.
Compared to some of its luxury competitors, the average annual cost of car insurance for Genesis models is 3.9% more expensive than for Acura, 11.9% less expensive than for Audi, 5% less expensive than for Infiniti, 0.8% more expensive than for Lexus, 13.4% less expensive than for Mercedes-Benz, and 10.4% more expensive than for Volvo.
It is also helpful to know how Genesis compares to non-luxury brands like Ford, Honda, and even Kia, the Korean parent company of Genesis.
Genesis insurance prices tend to be comparable or even cheaper compared to other comparable luxury brands. If you're comparing insurance costs for comparable cars, here are the premiums for different brands:
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Your demographics, geography, and driving record calculate your insurance prices. However, each insurance company weighs these characteristics differently, resulting in varying premiums.
The model of your car might have a significant impact on your insurance prices. For example, selecting a compact car such as the G70 will lower insurance prices than a huge full-size sedan such as the G90.
However, even for the same model, insurance costs can differ.
Most models provide a variety of trim levels with varying luxury amenities and extras. However, a higher trim may also incur higher charges.
Your age and driving record assist insurance providers in determining your degree of experience and risk.
Young drivers have a higher accident rate than older drivers, making them high-risk motorists. Consequently, insurers will certainly boost premiums.
Additionally, drivers with violations on their driving records pay more. Infractions of lesser severity, such as driving under the influence and reckless driving, can have a major impact and cause your premiums to jump.
However, it's not all awful! Improving your driving habits and maintaining a spotless record will allow you to obtain lower premiums over time.
Regarding insurance, location is important. Insurance companies use crime, accident, and natural catastrophe rates to assess the likelihood that you will file a claim. This means that costs for the same coverage might vary widely, even within the same county or state.
If your neighborhood has a high incidence of car thefts, collisions, or extreme weather, you will likely pay extra for auto insurance.
According to our research, cities including Arlington (VA), Havertown (PA), Lufkin (TX), Cleveland (TN), and Chantilly (VA) have a significant proportion of Genesis drivers. Irving (Texas) and Chantilly (Virginia) have the cheapest auto insurance rates for Genesis drivers. On the other hand, Jamaica and Queens (New York) have the most expensive auto insurance rates for Genesis for drivers.
Since 2015, Genesis Motors, a luxury branch of Hyundai Motor Group, has provided premium car options. Since then, drivers have appreciated the high-quality Genesis vehicles that have been produced.
The auto insurance rates published in this guide are based on the results of research completed by Way.com’s data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes will differ. Given this, it’s important to go through our insurance steps form to find how much you can save with way.com
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