A Hyundai Genesis is more expensive to insure compared to the average car.
Liability only auto insurance rates for a Genesis tend to be about $97 a month, while full coverage generally comes in at around $192 per month.
Hugo is the most affordable insurance company for a Genesis with a national average of just $43 a month for liability only coverage.
In This Article
The Hyundai Genesis is a great choice for a mid-level car, with a base price of $38,750 for 2016 models. There are two different trim levels currently available, so you'll drive off the dealership lot in style.
After analyzing thousands of car insurance quotes through Compare.com, we've found that Hyundai Genesis auto insurance prices are about $174 monthly, on average. But how does that fare against its competitors?
|Current Base Price||$38,750|
|Trim Levels||5.0L, 3.8L|
|Average Insurance Premium||$174/mo.|
|Cheapest Insurance Company||Hugo|
How Much is Car Insurance for a Hyundai Genesis?
|Vehicle||Liability Only||Full Coverage|
|All Hyundai Models||$88||$174|
|Average Insurance Premium||$81||$169|
You can see in the table above that Hyundai Genesis insurance premiums are higher than average. Genesis drivers usually pay around $97 per month for liability insurance, and about $192 monthly for full coverage, which has comprehensive and collision coverages in addition to liability (our guide, "State Minimum vs. Full Coverage", can give you more information on these different types of insurance).
Comparing it to other Hyundai models, the Genesis is more expensive, with prices more than 10% higher than the rest of the automaker's vehicle lineup. Compared to offerings from other brands, insurance for a Genesis is similarly on the expensive side, with full coverage insurance premiums coming in around $15 more and $14 more for liability only insurance.
When compared to all vehicles, regardless of body style, make, or model, the Genesis follows a similar pattern of having above average auto insurance rates.
Who has the Cheapest Car Insurance for a Hyundai Genesis?
|Insurance Company||Average Monthly Premium|
If you're searching for a new car insurance policy for your Hyundai Genesis, you may be most interested in which carrier offers the cheapest rates. Even though there will never be one company that offers the cheapest prices for everyone, ACG offers the lowest average rates for liability only coverage, with rates as low as $25 per month. The runner up for most affordable rates is Acuity, with car insurance policies starting sometimes as low as $26 a month.
Dashers, Hugo, and Aspire round out the rest of the top 5 list. However, just because these five carriers offer the cheapest average rates doesn't necessarily mean they'll give you the best rates for your Hyundai Genesis.
Insurance companies take many variables into consideration when calculating how much to charge you. Because every driver is different, there's only one way to ensure you get the cheapest prices, and that's by getting personalized quotes and comparing rates from a whole bunch of insurance carriers.
What Factors Affect Car Insurance Rates for a Hyundai Genesis?
As we mentioned above, there are a whole range of things that auto insurance companies examine to determine how much they charge for car insurance -- and each carrier weighs certain attributes more than others, so there's not one company that's the lowest for every Genesis driver.
The following sections show a wide array of factors insurance carriers use to calculate rates:
|Vehicle Age||Average Monthly Premium|
|Less than 1 Year||$55|
|15 Years or Older||Not Enough Data|
Hyundai has been making the Genesis for quite some time -- and that means the car's age may play a big role in how much you'll pay for auto insurance. Typically, older cars will be cheaper to insure because they're worth less than newer models, and as cars get older, insurance costs will gradually go lower.
According to the table above, the Hyundai Genesis does not follow this trend, as the cheapest models to insure are those that are 1 year old or less, while the most expensive models are 8 to 10 years old, on average.
|Age||Average Monthly Premium|
|Under 18||Not Enough Data|
|65 or Older||$62|
Your age is another factor that makes a significant difference in how much car insurance companies will charge you for a policy. Based on the information in the table above, young Genesis drivers pay much more compared to those with more experience on the road. In this case, drivers aged between 18 and 24 pay $25 more than those 25 or older.
Car insurance prices continue to get lower as you get older, with the cheapest age group being 65 years and older for Genesis drivers.
|Gender||Average Monthly Premium|
Men tend to pay more for auto insurance than women. This is because women are less likely to get tickets and get into accidents, which lowers the chances of an insurance claim. The Hyundai Genesis sticks to the norm, where men pay about $98 monthly for insurance, while women pay around $94.
Where You Live
|State||Average Monthly Premium|
You were probably already aware that things like how old you are and what vehicle you drive play a role in your car insurance premiums, but you may not realize that where you live can be just as important. Auto insurance is regulated on the state level and not nationally, so rates can fluctuate quite a bit from state to state.
For example, the average Hyundai Genesis owner in New York pays about $216 per month for liability coverage, while the same Californian driver will pay less than a third of that price, on average. The chart above shows average prices for the top 10 most populous states, just to give you a good idea of how much rates can change across states.
Hyundai Genesis Car Insurance Discounts
Whatever how old you are, what state you call home, or which car you drive, it's always a good idea to take advantage of as many insurance discounts as possible when shopping around for a new policy.
Even though all car insurance carriers offer their own unique discounts, there are a few that you'll find with most insurers. These include things like:
- Multi-policy discounts for using the same insurance carrier for both your home and auto insurance
- Vehicle safety discounts for having a vehicle with higher than average safety ratings or one with certain safety features (like anti-lock brakes or air bags)
- Pay-in-full discounts for choosing to pay your entire policy price at once, rather than in monthly installments
- Multi-vehicle discounts for having more than one car on your auto policy
There are countless ways to save money on your auto insurance if you know where to look. Some of the best ways to save are just by having a good driving record and positive insurance profile.
While you may not be able to control every variable insurance companies consider to calculate premiums (like some of the ones mentioned above), you do have a say over some of them. Below are just a few of the ones you can use to your advantage in order to save on car insurance:
Your Driving Record
|Infractions||Average Monthly Premium|
You've probably observed ads from auto insurance carriers promoting hefty discounts for good drivers. It should be no surprise that your insurance prices will get higher if you get into an accident or get tickets for speeding. But you're probably wondering exactly how much these infractions will cost you.
You can see from the table above that accidents will usually cost Genesis drivers more than tickets, but both will result in above average rates. Hyundai Genesis drivers with a single accident on their record pay an average of $133 a month (up $36 from the $97/mo. overall average), while drivers with one ticket will pay about $106 a month. Drivers with multiple kinds of either violation will end up paying even more.
How Much You Drive
|Annual Mileage||Average Monthly Premium|
The total distance you drive each year affects your auto insurance premiums. Those who drive less often have fewer opportunities to get into an accident, so they'll typically get less expensive rates. Based on the table above, you can see that Hyundai Genesis owners who drive fewer than 2,500 miles every year pay an average of $78 monthly for car insurance, while those who put 10,000 miles or more on their cars pay $104.
But if you don't drive much because have a second vehicle or you work from home, it may be worth learning about pay-per-mile or usage-based insurance. With these kinds of policies, you pay a small monthly amount, and your final monthly bill is calculated based on the number of miles you drove.
How Do Hyundai Genesises Compare to Other Vehicles?
If you're thinking about making a Hyundai Genesis your next car, it can pay off to do your research. Insurance is just one cost that's associated with buying a new car, but it's certainly one that's worth taking into consideration.
Review the table below to see how the Hyundai Genesis compares:
|Hyundai Genesis||National Average|
|Full Coverage Insurance||$200||$169|
|Average Annual Mileage||13,534||11,673|
As you can see, the Hyundai Genesis is right on par with the average vehicle price here in the U.S. The Genesis starts at $38,750, close to the national average vehicle MSRP of $41,076.
Although the Genesis has a pretty average price, car insurance prices are higher when compared to other vehicles on the market. Liability insurance for a Hyundai Genesis is around $27 per month more than average, while full coverage is over $30 more a month.
When it comes to usage, Hyundai Genesis drivers are far from the national average in annual miles driven, with 11,673 miles each year for all vehicles compared to the Genesis's 13,534 per year.
Hyundai Genesis Car Insurance Costs by Model Year
You've seen how different variables can have an impact on how much the average driver pays to insure a Hyundai Genesis. If you're thinking about buying a new vehicle and the Genesis is one you're considering, having a good idea of exactly how much you'll pay can be extremely valuable as you weigh your choices.
That's why we've crunched the numbers and broken down Hyundai Genesis auto insurance premiums by model year. Simply choose a specific Genesis model year in the dropdown below and see average rates for both liability only and full coverage. You'll also find some other helpful info, like cheapest insurance company available trims for each Genesis model year.
2016 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$108|
|Full Coverage Avg. Premium||$200|
|Cheapest Insurance Company||Infinity - $29/mo.|
|Available Trims||3.8L, 5.0L|
2016 Hyundai Genesis drivers can expect to pay an average of $108 per month for liability or $200 for full coverage.
We found Infinity offered the most affordable policy, with rates as low as just $29 monthly.
If you want to know exactly how much you can expect to pay for your Genesis, get free quotes in minutes by just entering your ZIP code below.
2015 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$98|
|Full Coverage Avg. Premium||$196|
|Cheapest Insurance Company||Shelter Mutual - $22/mo.|
|Available Trims||3.8L, 5.0L|
You can expect full coverage for a 2015 Genesis to run about $196 per month, while liability only coverage will average around $98 a month.
Shelter Mutual has rates sometimes as cheap as $22 monthly for the 2015 Hyundai Genesis.
Want to find the best rates? Enter your ZIP code below to get a variety of customized quotes for free.
2014 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$79|
|Full Coverage Avg. Premium||$174|
|Cheapest Insurance Company||Commonwealth Casualty - $31/mo.|
|Available Trims||3.8L, 5.0L|
The average cost to insure a 2014 Hyundai Genesis with liability only coverage is $79 per month, while full coverage runs about $174 a month.
With prices as cheap as just $31 monthly, Commonwealth Casualty offered the lowest policy we found.
If you want to know exactly how much you can expect to pay for your Genesis, just enter your ZIP code below and get free quotes in minutes.
2013 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$101|
|Full Coverage Avg. Premium||$187|
|Cheapest Insurance Company||Dairyland - $22/mo.|
|Available Trims||3.8L, 5.0L|
It costs around $101 per month for liability or $187 for a full coverage policy for the 2013 Genesis.
If you're looking for the most affordable 2013 Hyundai Genesis insurance policy, Dairyland offered the cheapest policy we found, with rates as little as just $22 a month.
If you want to know exactly how much you can expect to pay for your Genesis, just enter your ZIP code below and get several free quotes in minutes.
2012 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$95|
|Full Coverage Avg. Premium||$191|
|Cheapest Insurance Company||Commonwealth Casualty - $22/mo.|
|Available Trims||3.8L, 4.6L, 5.0L|
On average, drivers who own a 2012 Hyundai Genesis can expect to pay $95 to $191 monthly for liability only and full coverage insurance, respectively.
With premiums as little as $22 a month, Commonwealth Casualty offered the most affordable policy we found for the 2012 Hyundai Genesis.
Interested in exactly how much you'll pay? Get lots of personalized quotes for free by just entering your ZIP code below.
2011 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$92|
|Full Coverage Avg. Premium||$186|
|Cheapest Insurance Company||MetLife - $20/mo.|
|Available Trims||3.8L, 4.6L|
It costs about $92 per month for liability or $186 for a full coverage policy for the 2011 Genesis.
Looking for the cheapest policy? MetLife offered liability only coverage for sometimes as little as $20 monthly.
If you want to find the best rates for car insurance for a 2011 Hyundai Genesis, enter your ZIP code below and compare a multitude of personalized quotes in just a few minutes.
2010 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$120|
|Full Coverage Avg. Premium||$214|
|Cheapest Insurance Company||MetLife - $21/mo.|
|Available Trims||3.8L, 4.6L|
2010 Hyundai Genesis drivers can expect to pay an average of $120 a month for liability or $214 for full coverage.
MetLife offered the lowest policy we found, with rates as cheap as $21 per month.
While these are good estimates of what the average driver might pay to insure a 2010 Hyundai Genesis, these prices might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.
2009 Hyundai Genesis Car Insurance
|Liability Only Avg. Premium||$82|
|Full Coverage Avg. Premium||$188|
|Cheapest Insurance Company||Commonwealth Casualty - $17/mo.|
|Available Trims||3.8L, 4.6L|
The average cost to insure a 2009 Genesis with liability only coverage is $82 monthly, while full coverage runs around $188 a month.
With rates sometimes as cheap as $17 per month, Commonwealth Casualty offered the most affordable policy we found for the 2009 Hyundai Genesis.
If you want more accurate quotes of how much you can expect to pay, just enter your ZIP code below and get free quotes in minutes.
Hyundai Genesis Insurance FAQs
Is a Hyundai Genesis expensive to insure?
When compared to the national average of all vehicles, premiums come in on the more expensive end of the spectrum. Liability insurance runs an average of $97 a month, while full coverage will cost you around $192.
How can I get the best price on car insurance for my Hyundai Genesis?
The only way to ensure you're getting the cheapest price on auto insurance is to check prices regularly and compare quotes from multiple companies. Over time, your driver profile changes, so it's a good rule of thumb to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare prices from a range of carriers at once, meaning you can find the lowest rates (or guarantee you already have the best deal) for free.
Does the color of my Hyundai Genesis affect my insurance rates?
You may have heard the old adage that it costs more to insure a red car than cars of other colors, but that's actually not the case. Although there are many factors insurance companies examine when they decide how much to charge you for car insurance, your Hyundai Genesis's color is not factored into that equation.
Do I need to have insurance before I buy a Hyundai Genesis?
You'll need to have an insurance policy in place before you can legally driver your new (or new to you) Genesis off the dealership lot. Some dealerships will offer you an auto insurance policy as part of the buying process, but the best thing to do when buying a a new car is to talk with your auto insurance carrier before you buy.
What car insurance discounts can I get for my Hyundai Genesis?
You will find a wide array of different discounts out there for insurance. Many of them (like "multi-vehicle discounts" and "pay-in-full discounts") are more based on you than the vehicle you drive, but if your Genesis has safety features like airbags, anti-lock brakes, anti-theft systems, and other features, it may qualify for certain discounts. The only way to know is to reach out to your insurance company and ask about their discounts.