- Genesis G70 insurance costs an average of $1,720 per year or around $143 per month, depending on the trim level.
- The cheapest Genesis G70 insurance is on the G70 2.0T Standard Sedan trim level at $1,598 per year, or $133 per month.
- The model with the most expensive insurance is the 3.3T Launch Edition AWD at $1,820 per year, or around $152 per month.
- The Genesis G70 is one of the cheaper small luxury cars to insure, costing $10 less per year on average as compared to the rest of the vehicles in the segment.
How much does Genesis G70 insurance cost?
Average car insurance rates for the Genesis G70 cost $1,720 per year, which is about $143 per month. When priced by coverage type, comprehensive (or other-than-collision) coverage costs about $410 a year, liability/medical will cost around $510, and the remaining collision insurance costs around $800.
The following chart illustrates how average G70 car insurance cost changes with changes in driver age and different policy deductibles. Insurance rate averages vary from as low as $1,296 per year for a driver age 60 with $1,000 physical damage deductibles to the highest cost estimate of $4,004 annually for a driver age 20 with deductibles of $250.
The table below shows average G70 car insurance rates by driver age for the 2019 to 2022 model years.
| Model Year | Driver Age 20 | Age 30 | Age 40 | Age 50 | Age 60 |
|---|---|---|---|---|---|
| 2022 | $3,434 | $1,818 | $1,720 | $1,568 | $1,540 |
| 2021 | $3,354 | $1,772 | $1,678 | $1,530 | $1,502 |
| 2020 | $3,294 | $1,736 | $1,646 | $1,500 | $1,474 |
| 2019 | $3,162 | $1,666 | $1,582 | $1,444 | $1,418 |
What is the cheapest Genesis G70 insurance?
The cheapest trim level of Genesis G70 to insure is the 2.0T Standard Sedan at an estimated $1,598 per year, or about $133 per month.
The second cheapest model is the 2.0T Standard AWD at $1,634 per year, and the third cheapest trim to insure is the 2.0T Prestige 2WD at $1,666 per year.
The most expensive models of Genesis G70 to insure are the 3.3T Launch Edition AWD at $1,820 and the 3.3T Launch Edition at $1,800 per year. Those models will cost an extra $222 over the lowest cost 2.0T Standard Sedan model.
The table below details the average annual and 6-month car insurance costs, plus a monthly budget estimate, for each 2022 Genesis G70 package and trim level.
| Genesis G70 Trim Level | Annual Policy | 6-month Policy | Per Month |
|---|---|---|---|
| 2.0T Standard Sedan | $1,598 | $799 | $133 |
| 2.0T Standard AWD | $1,634 | $817 | $136 |
| 2.0T Prestige 2WD | $1,666 | $833 | $139 |
| 3.3T Standard Sedan | $1,674 | $837 | $140 |
| 2.0T Prestige AWD | $1,682 | $841 | $140 |
| 3.3T Standard AWD | $1,702 | $851 | $142 |
| 3.3T Sport Sedan | $1,732 | $866 | $144 |
| 3.3T Sport AWD | $1,758 | $879 | $147 |
| 3.3T Prestige Sedan | $1,776 | $888 | $148 |
| 3.3T Prestige AWD | $1,800 | $900 | $150 |
| 3.3T Launch Edition | $1,800 | $900 | $150 |
| 3.3T Launch Edition AWD | $1,820 | $910 | $152 |
How does G70 insurance compare to similar vehicles?
When Genesis G70 insurance rates are compared to the most popular models in the small luxury car category, insurance for a Genesis G70 costs $108 more per year than the BMW 330i, $94 less than the Mercedes-Benz C300, $82 more than the Volvo S60, and $100 more than the Acura TLX.
The Genesis G70 ranks #11 out of 19 comparison vehicles in the small luxury car category. The G70 costs an estimated $1,720 per year for insurance and the segment average cost is $1,730 per year, a difference of $10 per year.
The table below shows how average Genesis G70 car insurance rates compare to the other 19 vehicles in the 2022 luxury small car segment.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Mercedes-Benz A220 | $1,500 | -$220 |
| 2 | BMW 330i | $1,612 | -$108 |
| 3 | Acura TLX | $1,620 | -$100 |
| 4 | Volvo S60 | $1,638 | -$82 |
| 5 | BMW 330e | $1,642 | -$78 |
| 6 | BMW 228i | $1,652 | -$68 |
| 7 | BMW 230i | $1,664 | -$56 |
| 8 | Alfa Romeo Giulia | $1,692 | -$28 |
| 9 | Cadillac CT4 | $1,694 | -$26 |
| 10 | Lexus RC 350 | $1,698 | -$22 |
| 11 | Genesis G70 | $1,720 | -- |
| 12 | Audi A4 | $1,766 | $46 |
| 13 | Audi S3 | $1,772 | $52 |
| 14 | Mercedes-Benz C300 | $1,814 | $94 |
| 15 | BMW M235i | $1,852 | $132 |
| 16 | Audi RS 3 | $1,856 | $136 |
| 17 | BMW M240i | $1,884 | $164 |
| 18 | Lexus IS 350 | $1,898 | $178 |
| 19 | BMW M340i | $1,902 | $182 |
Additional rates and information regarding the cost of insurance for a Genesis G70 include:
- The older you get, the cheaper insurance rates become. The difference in G70 insurance rates between a 40-year-old driver ($1,720 per year) and a 20-year-old driver ($3,434 per year) is $1,714, or a savings of 49.9%.
- Genesis G70 insurance rates for teens are expensive. Average rates for full coverage G70 insurance costs $6,160 per year for a 16-year-old driver, $5,770 per year for a 17-year-old driver, and $5,394 per year for a 18-year-old driver.
- Tickets and violations can cost a lot. If you want to get the most affordable G70 insurance rates, it pays to not be an aggressive driver. As few as two minor driving offenses could increase the price of a policy by at least $454 per year.
- Get cheaper rates because of your employment. Most car insurance providers offer policy discounts for having a job in professions like farmers, architects, college professors, lawyers, engineers, police officers and law enforcement, and other occupations. If you can earn this discount, you may save between $52 and $159 on your annual insurance cost, subject to policy limits.
- Careful drivers have lower rates. Too frequent at-fault accidents can raise rates, possibly as much as $806 per year for a 30-year-old driver and as much as $554 per year for a 50-year-old driver.
- Bring up your credit score and save. In states that have car insurance regulations that allow credit scores to be used as a policy cost factor, having an excellent credit rating above 800 could possibly save as much as $270 per year when compared to a rating of 670-739. Conversely, a weaker credit score below 579 could cost as much as $313 more per year.
- High risk insurance is expensive. For a 30-year-old driver, having a high frequency of accidents or violations could end up with a rate increase of $2,104 or more per year.
