+120 moreUpdated
At Compare.com, it’s our mission to give you the tools to find the best (and most affordable) insurance for your unique needs and budget. We strive to provide information that’s helpful, clear, and unbiased, and we believe that comparing insurance companies should never put you at risk of spam. Our editorial team — which is made up of experienced writers, editors, insurance agents, and data analysts — has spent thousands of hours researching and creating the coverage overviews, side-by-side comparisons, and detailed reviews you see across our site.
While we make money through partnerships with some of the brands we discuss in our articles, our editorial team operates 100% independently, and these partners never influence or affect the topics, reviews, ratings, or recommendations we provide. We never guarantee favorable reviews or mentions in exchange for compensation from any brands or partners, and we uphold strict editorial standards to ensure our content is always independent, truthful, and unbiased.
A Genesis G70 is more expensive to insure compared to the average car.
Liability car insurance for a G70 averages around $98 per month, while full coverage generally runs about $283.
Freedom offers the lowest average rates for a G70 with liability only coverage offered for as low as $39 monthly.
With a base price of just $36,000 for 2021 models, the Genesis G70 is a great budget-friendly car for drivers of all types. Drive off the dealership lot in style, with five different trim options available.
Based on analyzing thousands of insurance quotes from Compare.com, we've found that average Genesis G70 auto insurance rates run around $241 a month. But how does that compare to other vehicles on the market?
| Current Base Price | $36,000 |
| Body Style(s) | Car |
| Trim Levels | PRESTIGE, PRESTIGE/SPORT, ELITE, SPORT, G70 |
| Average Insurance Premium | $241/mo. |
| Cheapest Insurance Company | Freedom |
Vehicle | Liability Only | Full Coverage |
|---|---|---|
| Genesis G70 | $98 | $283 |
| All Genesis Models | $100 | $254 |
| All Cars | $83 | $177 |
| Average Insurance Premium | $81 | $169 |
You can see in the table above that Genesis G70 insurance premiums are above average. G70 drivers typically pay about $283 per month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $98 monthly for liability only insurance (our guide, "State Minimum vs. Full Coverage", can give you more information on the difference between these types of insurance).
When you compare it to other models, the G70 is more expensive, with prices more than 10% higher than the other vehicle types offered by Genesis. Compared to offerings from other brands, car insurance for a G70 is similarly on the expensive side, with liability only insurance rates coming in around $15 more and $106 more for full coverage.
Generally, they're just more expensive to insure than the average vehicle, no matter which make, model, or body style you compare it to.
Insurance Company | Average Monthly Premium |
|---|---|
| Freedom | $39 |
| Workmens | $44 |
| Clearcover | $44 |
| Shelter Mutual | $44 |
| MetroMile | $48 |
Shopping around for a car insurance policy for your Genesis G70? You might be most interested in which carrier offers the lowest prices. Although there will never be one company that offers the most affordable premiums for everyone, the cheapest average rates for liability only insurance are sometimes as little as $39 a month from Freedom. With car insurance sometimes as low as $44 per month, Workmens is the next lowest auto insurance carrier.
Clearcover, Shelter Mutual, and MetroMile round out the end of the top 5 list. That being said, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest carriers for you and your unique insurance profile.
Auto insurance companies take a wide array of factors into consideration when calculating monthly rates. By analyzing quotes from a wide array of insurance carriers at once, you can be sure you're finding the most affordable rate.
There are a whole range of variables that auto insurance companies use to determine how much to charge -- and every company weighs certain factors more than others, so there's not just one carrier that's the cheapest for everyone.
Keep reading to learn which things insurance carriers look at and how they affect your final rate:
Vehicle Age | Average Monthly Premium |
|---|---|
| Less than 1 Year | $92 |
| 2-3 Years | $110 |
| 4-5 Years | Not Enough Data |
| 6-7 Years | Not Enough Data |
| 8-10 Years | Not Enough Data |
| 11-14 Years | Not Enough Data |
| 15 Years or Older | Not Enough Data |
The Genesis G70 has only been around for two or three model years, so vehicle age won't affect your cost in the same way it might for other vehicles. Generally, older cars will be cheaper to insure because they're worth less than newer models, and as cars age, insurance costs will gradually get lower.
As you can see in the table above, G70 prices are between $92 and $110 monthly, on average.
Age is another variable that makes a difference in how much car insurance companies will charge for a policy. Because the Genesis G70 is pretty new to the market, we're just starting to collect data on how age is affecting insurance rates. So far, based on the table above, drivers who have more experience pay less for auto insurance than drivers under 24. Genesis G70 drivers aged 18 to 24 actually pay $57 more than those 25 or older.
Car insurance prices continue to go down as you get older, with the cheapest age group for G70 drivers being 65 years and older.
Gender | Average Monthly Premium |
|---|---|
| Male | $101 |
| Female | $82 |
Because women are less likely to get speeding tickets and get into collisions, they are less likely to file a claim with insurance. So, women tend to get cheaper rates than men. The Genesis G70 follows this convention, and women pay about 23% less than men per month for car insurance.
State | Average Monthly Premium |
|---|---|
| California | $75 |
| Florida | $162 |
| Georgia | $147 |
| New York | $100 |
| North Carolina | $43 |
| Ohio | $50 |
| Texas | $100 |
| Virginia | $101 |
You might think it's common sense that factors like how old you are and what vehicle you drive play a role in your auto insurance premiums, but did you know that where you live matters just as much? Insurance is regulated on the state level rather than nationally, so prices fluctuate quite a bit depending on what state you reside in.
Because the G70 is a relatively new vehicle, our data on all 50 states is somewhat limited. Even so, you can see in the table above that Florida has rates that are more expensive than other locations.
If you’re looking for the best car insurance for your Genesis at the right price, consider one of the following companies. Each one strikes a balance of affordable coverage, customer satisfaction, and other important factors for Genesis drivers like you.
| User Reviews | 3.9 |
|---|---|
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | 4.7 /5 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $57/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $109/mo |
Customers appreciate the helpful agents and prompt claim handling, but many are unhappy with the constant rate increases, even for safe drivers. Some also reported poor customer service.
Customers appreciate the helpful agents and prompt claim handling, but many are unhappy with the constant rate increases, even for safe drivers. Some also reported poor customer service.
Drivers looking for a basic car insurance policy from a company with a solid reputation can find what they need from State Farm. And they can typically find their policy at a discount, so long as they are not high risk.
Among the best customer service satisfaction in the industry
24/7 claims service with large repair network
Lots of available discounts
High rates for high-risk drivers
Limited coverage options
Higher than average customer complaints
| J.D. Power J.D. Power data measures overall customer satisfaction and claims satisfaction based on a 1,000-point scale. | 641 |
|---|---|
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | 4.5 /5 |
| Liability Only Liability-only insurance, sometimes called minimum-coverage insurance, pays for bodily injury and property damage to others in an accident the policyholder causes. It does not pay for the insured’s own damages. | $96/mo |
| Full Coverage Full-coverage car insurance generally includes liability, collision, and comprehensive coverage, and may include other optional coverages such as uninsured motorist coverage. Collision covers a policyholder’s repair or replacement costs in case of an accident. Comprehensive covers damages caused by non-accident events. The average quote displayed here reflects policies with the following coverage limits: $50,000 bodily injury liability per person; $100,000 bodily injury liability per accident; $50,00 property damage liability per accident; $1,000 collision deductible; and a $1,000 comprehensive deductible. | $177/mo |
Drivers appreciate the available discounts but dislike the high prices and lack of communication.
Drivers appreciate the available discounts but dislike the high prices and lack of communication.
Nationwide is great for people who want specialty auto coverage in addition to full-coverage options, but rates may be higher, and customer service can depend on local offices.
Extensive coverage options
Plenty of bundling and discount opportunities
Good reviews of local agents
Higher-than-average rates
Below-average customer service ratings
Potential issues with online quote tool
| User Reviews | NR |
|---|---|
| Our Rating Compare.com's ratings are determined by our editorial team. The objective formula used in these reviews weighs several important factors to consider when choosing financial products and services, including customer satisfaction ratings, ease of use, and a number of other components. | NR |
Drivers value the excellent coverage and quick claim responses but dislike the significant rate increases and lack of responsiveness to emails.
Drivers value the excellent coverage and quick claim responses but dislike the significant rate increases and lack of responsiveness to emails.
Erie is a great option if you live within the company’s service area, especially if you need complex or specialty coverage. But if a highly functional mobile app is at the top of your list of desirable features, you’ll need to consider other options.
Affordable rates, even for people with minor moving violations
Highly customizable policies with a wide range of add-ons and perks
Offers SR-22 coverage and policies to high-risk drivers
Limited self-service options
Limited features on the mobile app and website
Available in only 12 states
No matter which vehicle you drive, how old you are, or what state you live in, using as many discounts as possible when it comes to your insurance policy is always a good idea.
Even though all car insurance carriers offer their own unique discounts, there are a few different ones that you'll find with most companies. These include discounts like:
Multi-car discounts for having several vehicles on your auto policy
Pay-in-full discounts for drivers who agree to pay their entire policy rate up front, rather than in monthly installments
Defensive driving discounts for taking a defensive driving class through a certified school or institution
Vehicle safety discounts for having a vehicle with certain safety features (like air bags or anti-lock brakes) or one with higher safety ratings
These are just a few of the discounts auto insurance carriers offer, and sometimes, the best way to get the cheapest rates is by strengthening your overall insurance profile that carriers look at. This includes things like not having recent insurance claims, avoiding lapses in coverage, and driving safely.
You obviously can't control every single aspect of your insurance profile (like some of the variables we mentioned above), but there is quite a bit that you do have control over. Below are just a few of the ones you can use to your favor in order to save money on car insurance:
Infractions | Average Monthly Premium |
|---|---|
| 1 Accident | $61 |
| Multiple Accidents | $97 |
| 1 Ticket | $56 |
| Multiple Tickets | Not Enough Data |
You've most likely observed ads from auto insurance companies promoting big discounts for good drivers. It follows that your car insurance premiums will get higher if you get a ticket for speeding or get into a collision. But exactly how much is it going to cost you for these infractions?
Unfortunately, we don't have enough data on file for Genesis G70 drivers specifically, since it is a relatively new car. However, as we see more and more of these on the road, we'll have a better idea of how much infractions will cost G70 owners when it comes to insurance.
Annual Mileage | Average Monthly Premium |
|---|---|
| 2,501-5,000 Miles | $33 |
| 5,001-7,500 Miles | $83 |
| 7,501-10,000 Miles | $106 |
| 10,000+ Miles | $106 |
Another factor you have control over is how much you drive each year. Those who drive less are less likely to get into accidents, so they'll usually get cheaper rates. Since the Genesis G70 is a new car, our data is relatively limited, so we don't yet know how much annual driving distance will affect prices. So far, the most expensive rates are offered to drivers who drive 10,000+ miles per year.
If you don't use your Genesis G70 to travel or commute regularly, you might consider getting a usage-based or pay-per-mile auto insurance policy. With these kinds of coverage, you pay a small base rate each month, with your final monthly bill being calculated based on how many miles you drove.
If you're considering purchasing a new car and a Genesis G70 is on your shortlist, it might be helpful to do your due diligence. Auto insurance is just one cost that comes with a new car purchase, but it's certainly one that's worth considering.
Review the table below to see how the Genesis G70 stacks up:
Genesis G70 | National Average | |
|---|---|---|
| Liability Insurance | $63 | $81 |
| Full Coverage Insurance | $145 | $169 |
| Base MSRP | $36,000 | $46,296 |
| Average Annual Mileage | 8,823 | 11,617 |
Overall, the Genesis G70 is a fantastic value when it comes to price, with an MSRP that's less than the going rate for a new vehicle. While the national average vehicle price is $46,296, the G70 goes for just $36,000.
Similarly, car insurance premiums are cheaper when compared to the rest of the vehicle market. Full coverage insurance for a Genesis G70 is around $24 a month cheaper than average, while liability only coverage is $18 cheaper a month.
However, it is worth noting that the G70 owners tend to drive their cars less than the average American driver, with only 8,823 annual miles for the average owner.
We've gone over many of the things that can affect how much the average driver pays to insure a Genesis G70. If you're considering buying a new G70, knowing what you can expect to pay can be helpful as you consider your options.
| Liability Only Avg. Premium | $63 |
| Full Coverage Avg. Premium | $145 |
| Base MSRP | $36,000 |
| Cheapest Insurance Company | Hugo - $24/mo. |
| Available Trims | ELITE, G70, PRESTIGE, PRESTIGE/SPORT, SPORT |
The average cost to insure a 2021 G70 with liability only coverage is $63 monthly, while full coverage runs about $145 per month.
Hugo offered the lowest policy we found, with rates as cheap as just $24 monthly.
If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get several free quotes in minutes.
| Liability Only Avg. Premium | $124 |
| Full Coverage Avg. Premium | $353 |
| Base MSRP | $35,450 |
| Cheapest Insurance Company | Freedom - $39/mo. |
| Available Trims | ELITE, G70, PRESTIGE/SPORT, SPORT |
2020 Genesis G70 drivers can expect to pay an average of $124 a month for liability or $353 for full coverage.
With rates as low as just $39 per month, Freedom offered the cheapest policy we found for the 2020 Genesis G70.
If you want more accurate quotes of how much you can expect to pay, get free quotes in minutes by just entering your ZIP code below.
| Liability Only Avg. Premium | $99 |
| Full Coverage Avg. Premium | $270 |
| Base MSRP | $34,900 |
| Cheapest Insurance Company | Hugo - $18/mo. |
| Available Trims | ADVANCED, ELITE, PRESTIGE/DYNAMIC/SPORT, PRESTIGE/SPORT/DYNAMIC/DESIGN EDITION, SPORT |
On average, drivers who own a 2019 G70 can expect to pay $99 to $270 a month for liability only and full coverage auto insurance, respectively.
If you're looking for the lowest possible 2019 Genesis G70 insurance policy, Hugo offered the most affordable policy we found, with rates as little as $18 monthly.
What will your car insurance price be? Enter your ZIP code below to get lots of customized quotes for free.
Liability insurance runs an average of $98 a month, while full coverage will cost you around $283. The Genesis G70 is more expensive to insure compared to the average car.
The only way to guarantee you're getting the lowest price on insurance is to regularly shop around and compare quotes from many carriers. It's recommended to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare premiums from a range of companies at once, meaning you can find the cheapest rates (or guarantee you already have the best deal) for free.
You've probably heard the old adage that it costs more to insure a red car than cars of other colors, but that's actually not true. While there are many variables auto insurance carriers examine when they decide how much your policy will be, the color of your G70 is not factored into that decision.
You'll need to have an auto insurance policy in place before you can legally driver your new (or new to you) vehicle off the dealership lot. Some dealerships will offer you a car insurance policy as part of the buying process, but it's best to let your car insurance carrier know ahead of time.
You will find a variety of discounts out there for insurance. Many of them (like "pay-in-full discounts" and "multi-policy discounts") are based less on your car and more on you, but if your G70 has safety features like airbags, anti-theft systems, anti-lock brakes, and other features, it may be eligible for certain discounts. The only way to find out which discounts you might get is to get in touch with your insurance company and ask about their discounts, since they shift quite a bit from company to company.
)
)
)
)
)
)
)
)
Compare.com's #1 goal is to save you money. We publish resources that are based on hard-hitting data and years of industry experience to help you make more informed decisions with your wallet.
Learn more about us, our team, and what makes us tick.
