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.

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  • GV60 insurance costs an average of $2,918 per year, or around $243 per month for full coverage.
  • The GV60 Standard trim level is the cheapest to insure at around $2,746 per year. The most expensive trim is the Performance AWD at $3,076 per year.
  • Ranked 33rd out of 38 vehicles in the 2024 small luxury SUV segment, average car insurance rates for the Genesis GV60 cost $315 more per year than the segment average.

How much does Genesis GV60 insurance cost?

Genesis GV60 insurance costs on average $2,918 annually for full coverage, or $243 on a monthly basis. Expect to pay about $315 more per year for Genesis GV60 insurance compared to the average rate for all small luxury SUVs, and $642 more per year than the $2,276 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 October 24, 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$6,740$562
Safe Driver Age 20$5,910$493
At-fault Accidents Age 40$4,128$344
Low Deductibles Age 40$3,884$324
Safe Driver Age 30$3,122$260
Safe Driver Age 40$2,918$243
Safe Driver Age 50$2,572$214
High Deductibles Age 40$2,426$202
Discount Rate Age 40$2,422$202
Safe Driver Age 60$2,410$201

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 October 24, 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$2,746$229
Advanced AWD$2,930$244
Performance AWD$3,076$256

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 October 24, 2025

Insurance cost by trim level for a 2024 Genesis GV60 ranging from the Standard model at $2,746 per year to the Performance AWD model at $3,076
Insurance cost by trim level for a 2024 Genesis GV60 ranging from the Standard model at $2,746 per year to the Performance AWD model at $3,076

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 $2,918 per year for full coverage insurance, while the class median rate is $2,603 per year, a difference of $315 more per year.

When compared to other popular small luxury SUVs, car insurance rates for a Genesis GV60 cost $346 more per year than the Mercedes-Benz GLC300, $88 more than the BMW X3, and $248 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 October 24, 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$2,006-$912
2Lexus NX 250$2,124-$794
3Cadillac XT4$2,166-$752
4Lexus NX 350h$2,264-$654
5Lincoln Corsair$2,292-$626
6Mercedes-Benz GLB 250$2,296-$622
7Lexus UX 250h$2,300-$618
8Lexus NX 450h$2,314-$604
9Mercedes-Benz GLA250$2,340-$578
10Mercedes-Benz GLA35 AMG$2,348-$570
11Land Rover Evoque$2,396-$522
12Lexus NX 350$2,406-$512
13Volvo XC40$2,416-$502
14Volvo XC60$2,430-$488
15Alfa Romeo Tonale$2,434-$484
16Mercedes-Benz GLA45 AMG$2,446-$472
17BMW X1$2,476-$442
18Infiniti QX55$2,482-$436
19Volvo C40$2,502-$416
20BMW X2$2,510-$408
21Lexus RZ 450e$2,542-$376
22Mercedes-Benz EQB 300$2,554-$364
23Mercedes-Benz GLC300$2,572-$346
24Mercedes-Benz EQB 350$2,614-$304
25Genesis GV70$2,642-$276
26Audi Q3$2,660-$258
27Audi Q5$2,670-$248
28Alfa Romeo Stelvio$2,694-$224
29Land Rover Range Rover Velar$2,726-$192
30BMW X4$2,780-$138
31Audi Q4$2,800-$118
32BMW X3$2,830-$88
33Genesis GV60$2,918--
34Porsche Macan$2,962$44
35Jaguar I-Pace$3,000$82
36Land Rover Defender$3,114$196
37Jaguar F-Pace$3,206$288
38Aston Martin DBX$4,672$1,754

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 October 24, 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 $88 and $233 on your annual insurance bill, subject to policy limits.
  • GV60 insurance rates for teenagers are high. Average rates for full coverage GV60 insurance costs $10,355 per year for a 16-year-old driver, $10,080 per year for a 17-year-old driver, $9,119 per year for an 18-year-old driver, and $8,264 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 $778 per year.
  • Good credit scores mean better rates. Drivers who have credit scores over 800 may save $458 per year over a credit score between 670-739. Conversely, a weaker credit score below 579 could cost as much as $531 more per year.
  • Be a safe driver and save on insurance. Having frequent accidents may increase rates, potentially up to $1,412 per year for a 30-year-old driver and even $698 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 $492 per year for a 40-year-old driver and $972 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 $514 per year for a 40-year-old driver and $1,032 per year for a 20-year-old driver.