Insurance and Your Genesis GV60: What You Need to Know

How much is car insurance for a Genesis GV60?

We analyzed prices for the Standard trim up to the Performance AWD model to see how insurance on the GV60 ranks when compared to the entire small luxury SUV segment.

Start a Free QuoteCompare Genesis GV60 car insurance quotes and save on your next policy.

  • GV60 insurance costs an average of $2,848 per year, or around $237 per month for full coverage.
  • The GV60 Standard trim level is the cheapest to insure at around $2,682 per year. The most expensive trim is the Performance AWD at $3,006 per year.
  • Ranked 33rd out of 38 vehicles in the 2024 small luxury SUV segment, average car insurance rates for the Genesis GV60 cost $307 more per year than the segment average.

How much does Genesis GV60 insurance cost?

Genesis GV60 insurance costs on average $2,848 annually for full coverage, or $237 on a monthly basis. Expect to pay about $307 more per year for Genesis GV60 insurance compared to the average rate for all small luxury SUVs, and $627 more per year than the $2,221 average for all vehicles.

The chart below shows average insurance cost on a GV60 using variations of risk profiles and driver ages.

Average 2024 Genesis GV60 insurance premiums for different driver ages and risk scenarios.
Figure 1: Average 2024 Genesis GV60 insurance premiums for different driver ages and risk scenarios. Rates updated on June 27, 2025.

Get Rates in Your AreaWhy is this important?

Data Methodology: Average rates are for a 2024 model year Genesis GV60 with safe driver and claim-free discounts applied to qualifying risk profiles. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Rates are averaged across all U.S. states and all Genesis GV60 trim levels.

2024 Genesis GV60 Insurance Cost Summary
Driver Risk Profile Annual Premium Cost Per Month
High Risk Driver Age 30$6,576$548
Safe Driver Age 20$5,766$481
At-fault Accidents Age 40$4,028$336
Low Deductibles Age 40$3,792$316
Safe Driver Age 30$3,046$254
Safe Driver Age 40$2,848$237
Safe Driver Age 50$2,510$209
High Deductibles Age 40$2,370$198
Discount Rate Age 40$2,364$197
Safe Driver Age 60$2,352$196

Data Methodology: Comprehensive and collision deductibles are $500 except for low and high deductible estimates which are $100 and $1,000, respectively. Discount Rate includes all possible rate discounts including multi-vehicle, multi-policy, homeowner, and others which vary by company. Rates are averaged for all 2024 Genesis GV60 trim levels. Updated June 27, 2025

The rate table below details the average annual and semi-annual policy costs, plus a monthly budget estimate, for each 2024 Genesis GV60 model trim level.

2024 Genesis GV60 Insurance Rates by Trim Level
2024 Genesis GV60 Trim Level Annual Premium Cost Per Month
Standard$2,682$224
Advanced AWD$2,862$239
Performance AWD$3,006$251

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated June 27, 2025

Insurance cost by trim level for a 2024 Genesis GV60 ranging from the Standard model at $2,682 per year to the Performance AWD model at $3,006
Insurance cost by trim level for a 2024 Genesis GV60 ranging from the Standard model at $2,682 per year to the Performance AWD model at $3,006

How do Genesis GV60 insurance prices rank?

The Genesis GV60 ranks 33rd out of 38 total comparison vehicles in the small luxury SUV segment for most affordable auto insurance rates. The GV60 costs an estimated $2,848 per year for full coverage insurance, while the class median rate is $2,541 per year, a difference of $307 more per year.

When compared to other popular small luxury SUVs, car insurance rates for a Genesis GV60 cost $336 more per year than the Mercedes-Benz GLC300, $84 more than the BMW X3, and $242 more than the Audi Q5.

The following chart shows how Genesis GV60 insurance rates compare to the most popular small luxury SUVs like the Volvo XC60, Mercedes-Benz GLB 250, and the Cadillac XT4. A rate table with more models is included following the chart showing insurance cost for the entire 38 vehicle small luxury SUV segment.

Average 2024 Genesis GV60 car insurance premium compared to other small luxury SUV models.
Figure 2: Average 2024 Genesis GV60 car insurance premium compared to other small luxury SUV models. Rates updated on June 26, 2025.

Data Methodology: Average rates are for a 2024 model year Genesis GV60. Rated driver is a 40-year-old married male driver with a clean driving record and no at-fault accidents. Average premium includes all Genesis GV60 trim levels. Comprehensive and collision deductibles are $500 and rates are averaged for all U.S. states.

Genesis GV60 Insurance Cost Compared to All Small Luxury SUVs
Rank Make and Model Annual Premium Difference
1Acura RDX$1,958-$890
2Lexus NX 250$2,072-$776
3Cadillac XT4$2,114-$734
4Lexus NX 350h$2,210-$638
5Lincoln Corsair$2,236-$612
6Mercedes-Benz GLB 250$2,240-$608
7Lexus UX 250h$2,246-$602
8Lexus NX 450h$2,258-$590
9Mercedes-Benz GLA250$2,282-$566
10Mercedes-Benz GLA35 AMG$2,290-$558
11Land Rover Evoque$2,336-$512
12Lexus NX 350$2,348-$500
13Volvo XC40$2,356-$492
14Volvo XC60$2,370-$478
15Alfa Romeo Tonale$2,376-$472
16Mercedes-Benz GLA45 AMG$2,388-$460
17BMW X1$2,420-$428
18Infiniti QX55$2,424-$424
19Volvo C40$2,442-$406
20BMW X2$2,452-$396
21Lexus RZ 450e$2,478-$370
22Mercedes-Benz EQB 300$2,492-$356
23Mercedes-Benz GLC300$2,512-$336
24Mercedes-Benz EQB 350$2,552-$296
25Genesis GV70$2,582-$266
26Audi Q3$2,596-$252
27Audi Q5$2,606-$242
28Alfa Romeo Stelvio$2,630-$218
29Land Rover Range Rover Velar$2,660-$188
30BMW X4$2,712-$136
31Audi Q4$2,736-$112
32BMW X3$2,764-$84
33Genesis GV60$2,848--
34Porsche Macan$2,894$46
35Jaguar I-Pace$2,926$78
36Land Rover Defender$3,042$194
37Jaguar F-Pace$3,130$282
38Aston Martin DBX$4,562$1,714

Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated June 26, 2025

Seven ways to save on GV60 insurance

Car insurance isn’t exactly cheap for the 2024 Genesis GV60, so here are six ways you can help make sure you are paying the cheapest rates for insurance.

  • Earn a discount from your choice of occupation. Most auto insurance companies offer discounts for being employed in occupations like high school and elementary teachers, accountants, lawyers, members of the military, college professors, architects, and others. If your profession qualifies you for this discount, you may save between $85 and $228 on your annual insurance bill, subject to policy limits.
  • GV60 insurance rates for teenagers are high. Average rates for full coverage GV60 insurance costs $10,106 per year for a 16-year-old driver, $9,836 per year for a 17-year-old driver, $8,900 per year for an 18-year-old driver, and $8,066 per year for a 19-year-old driver.
  • Obey the law to get lower rates. If you want to get the lowest GV60 insurance rates, it pays to follow traffic laws. In fact, just a few traffic citations could possibly increase insurance policy rates by up to $760 per year.
  • Good credit scores mean better rates. Drivers who have credit scores over 800 may save $447 per year over a credit score between 670-739. Conversely, a weaker credit score below 579 could cost as much as $518 more per year.
  • Be a safe driver and save on insurance. Having frequent accidents may increase rates, potentially up to $1,380 per year for a 30-year-old driver and even $684 per year for a 60-year-old driver.
  • Increase deductibles to save money. Raising your policy deductibles from $500 to $1,000 could save around $478 per year for a 40-year-old driver and $948 per year for a 20-year-old driver.
  • Choosing a low deductible will increase insurance policy cost. Lowering deductibles from $500 to $250 could cost an additional $504 per year for a 40-year-old driver and $1,008 per year for a 20-year-old driver.