Land Rover Range Rover Velar Car Insurance: How Much Should You Expect to Pay?

Quick Facts

• A Land Rover Range Rover Velar is more expensive to insure compared to the average SUV.
• Liability only auto insurance rates for a Range Rover Velar come in at around $109 per month, while full coverage generally runs about $237.
• The most affordable insurance carrier for a Range Rover Velar is Infinity, who offers liability only coverage for as cheap as just $24 a month, on average.

Range Rover Velar Overview

The Land Rover Range Rover Velar is on the more expensive end of the spectrum, with 2021 models starting at $56,900. With three different trim levels currently offered, there's a style for every driver.

After analyzing thousands of car insurance quotes through Compare.com, we've determined that average Land Rover Range Rover Velar insurance premiums run around $210 per month. But compared to other vehicles in the market, are Range Rover Velar auto insurance rates higher or lower than those of similar SUVs?

How Much is Car Insurance for a Land Rover Range Rover Velar?

Based on the table above, Land Rover Range Rover Velar insurance premiums are higher than average. Range Rover Velar drivers can expect to pay about $237 a month for full coverage, which has comprehensive and collision coverages in addition to liability, and about $109 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 compared to other models, the Range Rover Velar is more expensive, with prices around 29% higher than other vehicles in Land Rover's lineup. Likewise, compared to other vehicles of a similar body style, Range Rover Velar coverage is higher than average, with both full coverage and liability only insurance averaging more expensive rates than other SUVs.

When compared to all vehicles, regardless of body style, make, or model, the Range Rover Velar follows a similar pattern of having above average car insurance premiums.

Who has the Cheapest Car Insurance for a Land Rover Range Rover Velar?

Shopping around for a car insurance policy for your Land Rover Range Rover Velar? You may be wondering which company offers the lowest premiums. Even though there will never be one carrier that has the lowest rates for everyone, the lowest average rates for liability only insurance are sometimes just $24 a month from Infinity. The runner up for cheapest rates is MetroMile, with auto insurance policies starting as cheap as $45 per month.

The third, fourth, and fifth companies on the list are Amica, Hugo, and DirectGeneral. However, just because these five carriers offer the lowest average rates doesn't necessarily mean they'll be the cheapest for you.

Auto insurance companies use a whole range of things and complex formulas to calculate rates. The only way to guarantee you find the lowest rates is to compare quotes from an array of car insurance carriers.

What Factors Affect Car Insurance Rates for a Land Rover Range Rover Velar?

There are lots of variables that insurance companies reference to decide how much they charge -- and every company uses a different formula, so there's not one carrier that's the cheapest for each Range Rover Velar owner.

The following sections show numerous factors auto insurance carriers use to calculate rates:

Vehicle Age

Because the Land Rover Range Rover Velar has only been around for two or three model years, vehicle age won't affect your premium in the same way it might for other vehicles. Normally, it costs more to insure newer cars because they're worth more, but as they age, insurance costs will gradually go down.

Based on the information in the table above, Range Rover Velar prices are typically about between $68 and $122 a month.

Your Age

How old you are makes a significant difference in how much you pay for car insurance. Because the Land Rover Range Rover Velar is pretty new to the market, we're just starting to collect data on how age is affecting insurance premiums. So far, based on the table above, younger drivers have cheaper prices than drivers with more experience.

Car insurance prices continue to go lower as you get older, with the cheapest age group for Range Rover Velar drivers being 55-64.

Your Gender

Because women are less likely to get into accidents and get speeding tickets, they have a decreased chance of filing a claim with insurance. So, women tend to pay less for car insurance than men. For Range Rover Velar owners, that difference is around $93 monthly, with women paying an average of $165 and men looking at around $72. But due to the small sample size of Range Rover Velar data, this pricing may not be representative of the rates you may see.

Where You Live

You might think it's common sense that variables such as how old you are and what vehicle you drive play a role in your insurance prices, but you may not realize that where you live is equally important. Since auto insurance is regulated on a state-by-state basis, premiums can vary quite a bit from state to state.

Because the Range Rover Velar is a relatively new vehicle, our state data is somewhat limited. Even so, you can see in the table above that Illinois has rates that are lower than other locations.

Land Rover Range Rover Velar Car Insurance Discounts

Regardless of your age, your car, or your home state, using as many discounts as possible when it comes to your insurance is always the smart move when shopping around for a policy.

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

• Pay-in-full discounts for drivers who agree to pay their entire policy premium up front, rather than in monthly installments
• Multi-policy discounts for using the same insurance company for both your home and auto insurance
• Multi-vehicle discounts for insuring more than one of your cars with the same carrier
• Defensive driving discounts for drivers who take a defensive driving class from an accredited school or institution

These discounts are great, but sometimes, the best way to get great rates is to work on your overall insurance profile.

Of course, you can't control every single aspect of your auto insurance profile (like some of the pieces we mentioned above), but you do have a say over some of it. Below are just a few of the factors you can use to your advantage when it comes to saving money:

Your Driving Record

You've most likely heard ads from insurance companies offering large savings for safe drivers. And you probably wouldn't be surprised that if you get cited for speeding or get into an accident, auto insurance rates will go up. But you still might be left wondering exactly how much collisions and moving violations will cost you.

Unfortunately, we don't have enough data on file for Land Rover Range Rover Velar drivers specifically, since it is a relatively new vehicle. However, as we see more and more of these on the road, we'll have a better idea of how much infractions will cost Range Rover Velar drivers when it comes to car insurance.

How Much You Drive

Another variable that plays a role in your insurance prices is the amount of miles you drive. Those who are on the roads less are less likely to get into accidents, so they'll normally end up spending less on car insurance. Since the Land Rover Range Rover Velar is a new SUV, our data is relatively limited, so we don't yet know how much annual driving distance will affect rates. So far, the most expensive rates are offered to drivers who drive 0 - 2,500 miles a year.

If you don't use your Land Rover Range Rover Velar to travel or commute regularly, you might consider learning about usage-based or pay-per-mile auto insurance policies. With these kinds of plans, you pay a small base rate each month, with your final monthly bill being calculated based on the number of miles you drove.

How Do Land Rover Range Rover Velars Compare to Other Vehicles?

If you're considering making a Land Rover Range Rover Velar your next purchase, it might be helpful to do your due diligence. Insurance is just one cost that comes with buying a new car, but it's guaranteed to be one that's worth taking into consideration.

Take a look at the table below to see how the Land Rover Range Rover Velar compares:

Overall, the Land Rover Range Rover Velar is more expensive than average, with an MSRP that's more than the going rate for a new vehicle. At $56,900, the Range Rover Velar price comes in above the national average MSRP of $46,296.

Full coverage insurance for a Land Rover Range Rover Velar is about $74 per month more than average, while liability only coverage is $16 cheaper a month.

However, it is worth noting that the Range Rover Velar owners tend to drive their cars less than the average American driver, with only 8,294 annual miles for the average owner.

Land Rover Range Rover Velar Car Insurance Costs by Model Year

We've gone over many of the variables that can have an impact on how much the average driver pays to insure a Land Rover Range Rover Velar. But if you're in the market for a new car, truck, or SUV and the Range Rover Velar is on your wishlist, knowing what you can expect to pay for the specific vehicle you're looking at can be extremely valuable as you weigh your options.

2021 Land Rover Range Rover Velar Car Insurance

2021 Range Rover Velar drivers can expect to pay an average of $65 monthly for liability or $243 for full coverage.

We found Amica offered the most affordable policy, with rates sometimes as cheap as $32 per month.

Interested in just how much you'll pay? Get several free customized quotes by just entering your ZIP code below.

2020 Land Rover Range Rover Velar Car Insurance

It costs around $145 monthly for liability or $280 for a full coverage policy for the 2020 Land Rover Range Rover Velar.

Amica offered the lowest policy we found, with rates as low as $40 a month.

If you're looking for a more exact figure on what you should pay for auto insurance for a 2020 Land Rover Range Rover Velar, you can get free quotes in minutes by just entering your ZIP code below.

2019 Land Rover Range Rover Velar Car Insurance

The average cost to insure a 2019 Range Rover Velar with liability only coverage is $72 per month, while full coverage runs about $207 a month.

With prices as low as just $27 monthly, MetroMile offered the cheapest policy we found for the 2019 Land Rover Range Rover Velar.

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

2018 Land Rover Range Rover Velar Car Insurance

On average, drivers who own a 2018 Land Rover Range Rover Velar can expect to pay $84 to $218 per month for liability only and full coverage insurance, respectively.

Infinity has premiums sometimes as little as $24 monthly for the 2018 Land Rover Range Rover Velar.

Want to find the most affordable rates? Get multiple customized quotes for free by just entering your ZIP code below.

Land Rover Range Rover Velar Insurance FAQs

Is a Land Rover Range Rover Velar expensive to insure?

Liability insurance runs an average of $109 a month, while full coverage will cost you around $237. The Land Rover Range Rover Velar is more expensive to insure compared to the average vehicle.

How can I get the best price on car insurance for my Land Rover Range Rover Velar?

The only way to guarantee you're getting the cheapest price on car insurance is to check prices regularly and compare quotes from a lot of carriers. It's recommended to review quotes every 6 months or so. Luckily, sites like Compare.com let you compare rates from many companies 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 Land Rover Range Rover Velar affect my insurance premiums?

You might have heard the old adage that red cars cost more to insure than cars of other colors, but that's just a myth. Although there are lots of things auto insurance carriers think about when they offer you a premium, your vehicle's color is not on that list.

Do I need to have insurance before I buy a Land Rover Range Rover Velar?

You'll need to have an insurance policy in place before you can legally driver your new (or new to you) Land Rover Range Rover Velar off the dealership lot. Some dealerships will offer you one during the purchase process, but your best bet is letting your insurance carrier know before you buy.

What car insurance discounts can I get for my Land Rover Range Rover Velar?

You will find a variety of different discounts out there for auto insurance. Many of them (like "multi-vehicle discounts" and "safe driver discounts") are based less on your car and more on you, but if your Range Rover Velar has safety features like anti-theft systems, anti-lock brakes, airbags, and other features, it may be eligible for certain discounts. The best way to find out is to reach out to your insurance company and ask about their discounts, since they fluctuate quite a bit from company to company.