Hyundai Genesis Coupe Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Hyundai Genesis Coupe costs more than most other cars to insure.

• Full coverage auto insurance for a Genesis Coupe tends to be about $228 per month, on average, while liability only insurance typically runs around $98 monthly.

• Aspire offers the lowest average rates for a Genesis Coupe with liability only coverage offered for as cheap as just $42 per month.

Genesis Coupe Overview

The Hyundai Genesis Coupe is a great car for drivers on a budget, with a base price of just $26,950 for 2016 models. There are two different trim levels currently offered, so you'll drive off the dealership lot in style.

After analyzing thousands of insurance quotes through Compare.com, we've found that Hyundai Genesis Coupe car insurance rates average out to about $206 a month. But how does that compare to other vehicles on the market?

How Much is Car Insurance for a Hyundai Genesis Coupe?

Looking at the table above, you'll find that when you compare the Hyundai Genesis Coupe to other vehicles, insurance premiums are more expensive than average. On average, Genesis Coupe owners can expect to pay around $98 monthly for liability insurance, and about $228 per month for full coverage, which has comprehensive and collision coverages in addition to liability (find out more about the difference with our guide "State Minimum vs. Full Coverage").

Comparing it to other Hyundai models, the Genesis Coupe is more expensive, with prices around 31% higher than the rest of the manufacturer's vehicle lineup. Similarly, Genesis Coupe coverage is higher than average when compared to other vehicles of a similar body style, with both liability only and full coverage insurance averaging more expensive rates than other cars.

Unsurprisingly, they're overall more expensive to insure than the average vehicle, regardless of which body style, model, or make you compare it to.

Who has the Cheapest Car Insurance for a Hyundai Genesis Coupe?

If you're browsing for an auto insurance policy for a Hyundai Genesis Coupe, you're probably most interested in which company offers the lowest prices. Although there will never be one carrier that offers the cheapest premiums for everyone, StateAuto provides the most affordable average rates for liability only coverage, with rates as low as just $30 a month. The next lowest company is Aspire, who offers auto insurance as little as $42 monthly.

Completing the top 5 carriers are Sun Coast, CaliforniaCasualty, and Hugo. However, just because these five companies offer the lowest average rates doesn't necessarily mean they'll be the cheapest for you.

Auto insurance carriers use many things and complex formulas to calculate premiums. 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 bunch of car insurance companies.

What Factors Affect Car Insurance Rates for a Hyundai Genesis Coupe?

As we mentioned above, there are an array of factors that insurance carriers take into account to choose how much they charge you -- and each carrier weighs different pieces more heavily than others, so there's not just one company that's the most affordable for everyone.

Below are just a few of the variables auto insurance companies look at and how each one affects your final rate:

Vehicle Age

The Hyundai Genesis Coupe has been around for a while -- that means vehicle age can play a big role in what you end up paying for car insurance. Generally, it costs more to insure newer cars because they're worth more, however, as time goes on and Genesis Coupes continue to depreciate, insurance costs will gradually decrease.

As you can see in the table above, the Hyundai Genesis Coupe is an outlier, as the most expensive models to insure are those that are 11 to 14 years old, while on average, the cheapest Genesis Coupes are 1 year old or less.

Your Age

Age makes a significant difference in how much you pay for insurance. As you can see above, teenage Genesis Coupe drivers have much higher prices than older drivers. In this case, drivers under 18 pay more than twice as much as those 25 or older.

Car insurance prices continue to go down as you get older, with drivers aged 45-54 making up the cheapest age group for the Genesis Coupe.

Your Gender

Men usually pay more for auto insurance than women. This is because men are more likely to get into accidents and get speeding tickets, which increases the chances of an insurance claim. The Hyundai Genesis Coupe is no different, and women pay about $85 a month for car insurance and men pay around $102.

Where You Live

It may be obvious that factors such as what vehicle you drive and how old you are play a role in your insurance premiums, but did you know that where you live matters just as much? Because car insurance is regulated on the state level and not nationally, rates can differ quite a bit from state to state.

For example, the average Hyundai Genesis Coupe driver in New York pays about $219 per month for liability coverage. Meanwhile, on average, the same owner from California will pay less than a third of that price. The chart shows average prices for the 10 largest states by population, just to give you a good idea of how much premiums can change depending on where you live.

Hyundai Genesis Coupe Car Insurance Discounts

No matter your car, your home state, or your age, using as many discounts as possible when it comes to your auto insurance is always a good idea when shopping around for a new policy.

Even though all insurance carriers offer their own unique discounts, there are a few different ones that you'll find with most companies. These include things like:

• Vehicle safety discounts for having a vehicle with higher than average safety ratings or one with certain safety features (like air bags or anti-lock brakes)
• Defensive driving discounts for taking a defensive driving class from a certified school or institution
• Multi-policy discounts for getting both your home and auto policies from the same carrier
• Pay-in-full discounts for drivers who agree to pay their entire policy rate up front, rather than by monthly payments

While these are just a few of the discounts car insurance carriers offer, there are countless other ways to save money on you monthly insurance bill. Sometimes, the best rates come from simply having a favorable insurance profile, which means not having any recent insurance claims or just having a clean driving record.

Even though you may not be able to control every factor auto insurance companies reference to calculate rates (like some of the ones mentioned above), there are quite a few you can control. Below are just a few of the things you can use to your favor in order to save money on insurance:

Your Driving Record

You've almost certainly heard ads from auto insurance carriers offering big savings for good drivers. And you're probably not surprised to hear that your car insurance prices will increase if you get speeding tickets or get into a collision. But you're probably wondering exactly how much these infractions can cost you.

Based on the table above, accidents will usually cost Genesis Coupe drivers more than tickets, but both will result in higher than average rates. Hyundai Genesis Coupe drivers with a single accident on their record pay an average of $107 every month (up $9 from the $98/mo. overall average), while drivers with one ticket will pay about $105 monthly. Those with multiple kinds of either violation will end up paying even more.

How Much You Drive

How much you drive each year affects your insurance rates. Those who drive less often are less likely to get into collisions, so they'll generally get less expensive premiums. In the table above, you can see that Hyundai Genesis Coupe owners who drive 10,000 miles or more pay $99 for car insurance, while those who drive fewer than 2,500 miles a year pay about $98 per month.

But if you drive less often than the average driver or work from home, it may be worth reviewing pay-per-mile or usage-based auto insurance. 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.

How Do Hyundai Genesis Coupes Compare to Other Vehicles?

If you're thinking about making a Hyundai Genesis Coupe your next purchase, it can pay off to do your homework. Insurance is just one cost that comes with a new car purchase, but it's definitely one that's worth considering.

Visit the table below to see how the Hyundai Genesis Coupe compares:

Overall, the Hyundai Genesis Coupe is a great value for any budget, with an MSRP that's a third less than the going rate for a new vehicle. The Genesis Coupe comes in at $26,950, which is much cheaper than the national average vehicle MSRP of $41,076.

Although the Genesis Coupe's price is on the low end of the spectrum, insurance prices are higher when compared to the rest of the vehicle market. Liability insurance for a Hyundai Genesis Coupe is around $16 per month more than average, while full coverage is over $50 more a month.

When it comes to usage, Hyundai Genesis Coupe drivers are far from the national average in annual miles driven, with 13,344 miles per year compared to 11,673 for all vehicles.

Hyundai Genesis Coupe Car Insurance Costs by Model Year

Thus far, you've seen how different variables affect how much the average driver pays to insure a Hyundai Genesis Coupe. But if you're thinking about buying a new vehicle and the Genesis Coupe is one you're considering, knowing what you'll likely pay for the specific car you're looking at can be extremely valuable as you weigh your choices.

For this reason, we've crunched the numbers and broken down Hyundai Genesis Coupe auto insurance premiums by model year. Find the model year you want in the dropdown to see average rates for both full coverage and liability only options. We've included some additional information you might find helpful, too, like which trim levels are offered, the base MSRP, and who offers the lowest policies for each year the Genesis Coupe has been around.

2016 Hyundai Genesis Coupe Car Insurance

2016 Hyundai Genesis Coupe drivers can expect to pay an average of $97 monthly for liability or $239 for full coverage.

AnswerFinancial has rates sometimes as cheap as $29 a month for the 2016 Hyundai Genesis Coupe.

If you want to know exactly how much you can expect to pay for your Genesis Coupe, just enter your ZIP code below and get free quotes in minutes.

2015 Hyundai Genesis Coupe Car Insurance

The average cost to insure a 2015 Genesis Coupe with liability only coverage is $95 monthly, while full coverage runs about $213 per month.

MetLife offered the cheapest policy we found, with rates sometimes as little as $28 a month.

While these are good estimates of what the average driver might pay to insure a 2015 Hyundai Genesis Coupe, these prices might differ based on your driver profile. Get free personalized quotes in minutes by just entering your ZIP code below.

2014 Hyundai Genesis Coupe Car Insurance

On average, drivers who own a 2014 Hyundai Genesis Coupe can expect to pay $93 to $240 monthly for liability only and full coverage insurance, respectively.

If you're looking for the cheapest possible 2014 Hyundai Genesis Coupe insurance policy, Infinity offered the most affordable policy we found, with rates as low as $31 per month.

Want something more accurate than nationwide averages? Just enter your ZIP code below to get several customized quotes for free.

2013 Hyundai Genesis Coupe Car Insurance

It costs around $86 a month for liability or $228 for a full coverage policy for the 2013 Genesis Coupe.

With rates sometimes as low as $19 per month, Hugo offered the cheapest policy we found for the 2013 Hyundai Genesis Coupe.

These average prices are a great starting point if you're in the market for a 2013 Hyundai Genesis Coupe, but there are several different things that go into calculating your policy rates. If you want to figure out exactly what you'll be asked to pay, get customized quotes by entering your ZIP below.

2012 Hyundai Genesis Coupe Car Insurance

You can expect full coverage for a 2012 Hyundai Genesis Coupe to run about $234 monthly, while liability only coverage will average around $98 a month.

With premiums as cheap as $22 per month, Liberty Mutual offered the lowest policy we found.

Want something more accurate than national averages? Get a variety of free customized quotes by just entering your ZIP code below.

2011 Hyundai Genesis Coupe Car Insurance

The average cost to insure a 2011 Genesis Coupe with liability only coverage is $103 monthly, while full coverage runs about $212 a month.

We found Clearcover offered the most affordable policy, with rates as little as just $19 per month.

If you want to know just how much your premium will be, get free quotes in minutes by just entering your ZIP code below.

2010 Hyundai Genesis Coupe Car Insurance

2010 Hyundai Genesis Coupe drivers can expect to pay an average of $110 monthly for liability or $239 for full coverage.

Looking for the cheapest policy? Coverhound offered liability only coverage for as low as just $23 per month.

If you want to know exactly how much you can expect to pay for your Genesis Coupe, get free quotes in minutes by just entering your ZIP code below.

Hyundai Genesis Coupe Insurance FAQs

Is a Hyundai Genesis Coupe expensive to insure?

It costs more to insure a Hyundai Genesis Coupe when compared to the average car. Liability insurance runs an average of $98 a month, while full coverage will cost you around $228.

How can I get the best price on car insurance for my Hyundai Genesis Coupe?

There's only one way to be sure you're getting the lowest rates -- checking prices regularly and comparing quotes from many companies. It's recommended to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from a whole range of carriers at once, meaning you can find the most affordable rates (or guarantee you already have the best deal) for free.

Does the color of my Hyundai Genesis Coupe affect my insurance prices?

You may have heard that it costs more to insure red cars than silver or white ones, but that's simply not true. There are lots of variables car insurance companies examine when they calculate your premiums, but your Hyundai Genesis Coupe's color is not factored into that decision.

Do I need to have insurance before I buy a Hyundai Genesis Coupe?

Before you can legally drive your new (or new to you) car off the dealership lot, you'll need to have valid auto insurance for it. Some dealerships will offer you one during the purchase process, but your best bet is letting your insurance company know ahead of time.

What car insurance discounts can I get for my Hyundai Genesis Coupe?

There are multiple discounts out there when it comes to car insurance. Many of them (like "safe driver discounts" and "pay-in-full discounts") are more based on you than the vehicle you drive, but if your Genesis Coupe has safety features like anti-theft systems, airbags, anti-lock brakes, and other features, it may qualify for certain discounts. The best way to find out is to get in touch with your insurance carrier and ask about their discounts, since they shift quite a bit from carrier to carrier.