Are Hyundai Genesis Expensive To Insure?

The annual premium for regular insurance coverage for a Hyundai Genesis costs, on average, $1,598. Of course, a number of variables (such as location, driving history, and driver age) could affect your actual insurance costs, so we’ve put together some excellent guidelines and calculators to help you estimate and determine your unique insurance costs.

Rates for Hyundai Genesis auto insurance in 2022

How much does insurance for a Hyundai Genesis cost? To determine how insurance costs compare to the midsize luxury automobile market, we examined rates for models ranging from the Genesis 3.8 Sedan at the base to the 3.8 Ultimate Coupe.

  • For full coverage, the typical Hyundai Genesis insurance is $1,636 annually, or $136 per month.
  • The 3.8 Coupe is the least expensive Genesis trim level to insure, costing about $1,544 yearly, and the 5 Sedan is the most expensive, costing about $1,776 annually.
  • The Hyundai Genesis is ranked #24 out of 53 midsize luxury vehicles, with insurance prices $74 less year than those of the segment as a whole.

The annual cost of car insurance for a Genesis G80 is roughly $2,920.

This is $695 above the national average for models of luxury sedans. Our analysis of vehicle insurance rates is based on a 40-year-old, responsible driver with full coverage, decent credit, and annual mileage of about 13,000 miles. They also disregard any multi-car discounts and assume a single-car insurance on a brand-new automobile.

Age, state, insurance provider, and mileage all have a significant impact on the cost of car insurance. These rates are also influenced by variables like recent accidents, moving infractions, and credit history. The cost of automobile insurance for a Genesis G80 is depicted in the following figure as a result of some of these scenarios.

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For the same policy, Genesis G80 insurance costs might vary greatly between carriers.

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How much is insurance for a Hyundai Genesis? Monthly insurance costs for a Hyundai Genesis are typically $133, or $1,598 annually. The model year of your Genesis and the demographics of your drivers, however, may have a modest impact on your rates.

For instance, you’ll get slightly different prices if you compare the 2014 Hyundai Genesis Coupe insurance costs with the 2014 Hyundai Genesis Sedan insurance costs. Learn how to get affordable auto insurance for your Hyundai Genesis by reading our comprehensive guide.

Are you prepared to compare the lowest Hyundai Genesis auto insurance rates? Find the most affordable Hyundai Genesis auto insurance rates in your region by just entering your ZIP code into the FREE online tool above.

For full coverage, the average Hyundai Genesis insurance premium is $1,246 per year. The average annual cost of liability insurance is $540, comprehensive insurance is $212, and collision insurance is $314. Low-risk insurance can be purchased for as little as $592 per year, while high-risk coverage can run as much as $2,690. The highest rates are paid by teen drivers, who pay $4,948 or more annually.

Top Information On Auto Insurance For Your Hyundai Genesis

  • For normal coverage, the Hyundai Genesis’ insurance costs on average $78 per month, and for minimum coverage, $28 per month.
  • The company with the lowest monthly premium is GEICO.
  • The Hyundai Genesis with the cheapest insurance rates is the 2009 model, which costs $63 per month on average for regular coverage.
  • The 2016 Hyundai Genesis has an average monthly insurance cost of $95 for regular coverage, making it the most expensive Hyundai Genesis to insure.

Are Genesis auto insurance rates high?

An average Genesis car costs $1851 per month in insurance. That is 17% more expensive than the national average for car insurance! Despite the fact that the average cost of insurance for a Genesis is $1851, the model you drive might have a big impact on the cost.

Is insurance for a Hyundai expensive?

Insurance costs are often affordable for Hyundai vehicles. Insuring a Hyundai with full coverage typically costs $1,993 a year for a driver who is 30 years old. That is $159 less annually than the price of a Honda.

Hyundai’s low theft rate is one factor in the company’s low insurance prices. None of the models are included among the top 10 most stolen cars by the National Insurance Crime Bureau.

How much does a Genesis G70’s insurance cost?

  • For normal coverage, the Genesis G70 insurance price is typically $100 per month, while minimal coverage is $26 per month.
  • State Farm provides the monthly premium with the lowest cost.
  • The Genesis G70 with the lowest insurance prices is the 2021 model, which has a monthly premium of $90 for regular coverage.
  • The Genesis G70 with the highest insurance premiums is the 2020 model, which costs an average of $112 per month for regular coverage.

What issues is the Hyundai Genesis experiencing?

According to a short circuit in the anti-lock braking system that could cause a fire in the engine compartment, Hyundai is recalling certain Genesis sedans. The automaker’s and its sister business Kia’s most recent engine fire recall has now moved to Hyundai’s upscale Genesis line.

The two recalls include 95,000 cars, including the Hyundai Genesis sedan that was produced prior to Hyundai spinning off Genesis as a separate luxury brand and the Genesis G70 and G80 sedans. Only 552 units of the 2019–2021 Genesis G70 were included in the second recall, which included only the 2015–2016 Hyundai Genesis and the 2017–2020 Genesis G80.

According to Hyundai, the electrical short may result in an overcurrent in the ABS module, which might lead to a malfunction and ignite a fire in the engine compartment. The company said consumers can keep driving the impacted vehicles even though it hasn’t found the reason of the short. To reduce the risk of fire until the recall is finished, they also advised keeping the recalled vehicles outside, away from buildings like house garages.

This is the seventh recall that Hyundai and its sister firm Kia have issued in the last 10 months due to a fire risk, primarily because of short circuits in various electrical components.

Kia recalled around 380,000 Sportage crossover SUVs and Cadenza full-size sedans earlier this month due to a short circuit in the electronic control unit that can result in an excessive current and start a fire.

The South Korean automakers recalled 423,000 vehicles in December due to early bearing wear that might result in connecting rods piercing engine blocks and leaking engine oil. Hyundai and Kia are independent brands that are owned by the same parent corporation, just as GMC and Chevrolet, and they can share parts, engineering, and design cues.

Hyundai recalled 180,000 Tucson crossover SUVs in September due to a faulty circuit board that could result in an electrical short; the problem led to 12 reported engine fires. Older Hyundai car models experienced another short when compressors were hooked into the 12-volt outlet.

Hyundai reported that five vehicles had caught fire in the ongoing recall of Genesis models, although no accidents or injuries have resulted from the fires. Drivers should pull over, turn off the ignition to stop the flow of fuel, get out of the car as soon as possible, get passengers out, and then go to a safe distance (at least 100 feet) away from the burning car before calling emergency services.

At nearby dealers, the ABS module fuse will be changed out for one with a lower amperage rating without charge, and Hyundai will refund owners who have already had the problem fixed. Early May should see the start of recall notices and services.

Is the Hyundai Genesis a trustworthy vehicle?

J.D. Power announced on February 12, 2020 that Genesis, ahead of Porsche, Buick, and Lexus, “ranks highest among premium brands” in terms of dependability. The new G70 received a perfect score of 5 out of 5 from U.S. News, who also gave the rest of the Genesis lineup excellent reliability ratings.

How long is the lifespan of a Hyundai Genesis?

With regular maintenance and cautious driving, a Genesis G70 should normally last between 200,000 and 250,000 kilometers. If you drive 15,000 miles per year, you should expect to get between 13 and 17 years of regular use before needing significant repairs.

Hyundai does it have its own insurance?

With the introduction of the “All New Elantra” and the “All New Tucson,” we have made it abundantly obvious to the market and our consumers that we stand by our commitment to providing “Modern Premium” goods with “Complete Peace of Mind.” To do this, we have integrated Hyundai Premium Assurance (HPA), the top product in its category for users.

Are insurance costs for newer automobiles lower?

Are insurance rates for older automobiles lower? Because older vehicles frequently lack the security measures seen in more recent, more contemporary vehicles, auto insurance premiums for older vehicles may be higher. However, older vehicles are frequently less desirable and may be less expensive to maintain, which can help bring down premiums.

Which insurance provider has Hyundai in its grip?

All Hyundai automobile owners have access to a range of alternatives to protect their vehicles from harm caused by natural or man-made disasters. Owners of Hyundai vehicles should be aware of the Hyundai auto insurance alliances so they can select from a variety of General Motor Insurance providers, including Tata AIG, ICICI Lombard, New India Assurance, and HDFC ERGO (L&T General Insurance is now a part of HDFC ERGO General Insurance).

A Hyundai Genesis is a sports car, right?

Hyundai Motor Company’s rear-wheel drive sports coupe, the Hyundai Genesis Coupe, made its debut on October 13, 2008, in the Korean market. It is the first rear-wheel-drive sports coupe from Hyundai, and the Genesis luxury sedan is built on the same fundamental chassis.

On February 26, 2009, the Genesis Coupe made its debut in American showrooms as a 2010 model. The Genesis Coupe was created, according to acting president and CEO of Hyundai USA John Krafcik, “to give a driving experience that challenges automobiles like the Infiniti G37.”

The Hyundai Genesis Coupe eventually went out of production in 2016 despite Genesis Motors’ introduction as a stand-alone luxury brand.

What is a Hyundai Genesis’ top speed?

  • 293 @ 5000.
  • 3.8 L of displacement
  • 0 to 60 in 6.8 seconds.
  • Maximum Speed: 155 mph
  • 38750.
  • Premium.
  • large automobiles

Are Genesis’ engines problematic?

The following are a few of the most typical issues with Hyundai Genesis 3.8 MPI & GDI engines:

  • Carbon accumulation
  • oil spills
  • Transmission

We will go into more detail about the aforementioned Genesis engine issues in the following paragraphs. But before continuing, it’s important to include a few housekeeping details. These are among the most typical problems, and for good cause. It doesn’t imply that they are actually frequent in the definition’s true sense. These are a handful of the most typical places for Hyundai 3.8 issues.

Despite this, the 3.8 Lambda II RS engines provide generally good reliability. However, all vehicles and engines have potential problems. Anyhow, towards the conclusion of the article, we will return to the trustworthiness of Genesis 3.8.