Range Rover Velar Insurance Costs Revealed: 2025 Rate Guide

Is Range Rover Velar insurance expensive?

From the P250 S trim to the pricier P400 Dynamic HSE trim, we compared Range Rover Velar insurance rates to discover how average insurance rates measure up to the entire small luxury SUV segment.

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  • Car insurance rates on a Land Rover Range Rover Velar cost an average of $2,660 per year, or around $222 per month, but vary considerably based on the trim level.
  • The cheapest Range Rover Velar trim to insure is the P250 S trim at an estimated $2,544 per year.
  • The Range Rover Velar P400 Dynamic HSE is the most expensive to insure at $2,814 per year.
  • When compared to other small luxury SUVs, the Land Rover Range Rover Velar is one of the more expensive small luxury SUVs to insure, costing $119 more per year on average.

How much does Range Rover Velar insurance cost?

Ranked 29th out of 38 vehicles in the 2024 small luxury SUV class, Range Rover Velar insurance averages around $2,660 yearly, or $222 if paid each month.

The Range Rover P250 S trim (MSRP of $62,775) is the cheapest model to insure, while the more expensive P400 Dynamic HSE model (MSRP of $79,675) has the most expensive average insurance rates.

The next chart illustrates how Range Rover Velar insurance rates can fluctuate based on a variety of driver ages and policy deductibles.

Average 2024 Land Rover Range Rover Velar car insurance premiums for different driver ages and policy deductibles.
Figure 1: Average 2024 Land Rover Range Rover Velar car insurance premiums for different driver ages and policy deductibles. Rates updated on June 26, 2025.

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Data Methodology: Average premiums are based on a 2024 model year Land Rover Range Rover Velar. Rates assume a clean driving record and no claims or at-fault accidents. Comprehensive and collision coverage is included as well as UM/UIM and medical payments coverage. Premium amounts are averaged across all trim levels.

2024 Land Rover Range Rover Velar Insurance Cost by Driver Age and Deductibles
Driver Age Policy Deductible Annual Premium Cost Per Month
20-Year-Old$1,000$4,420$368
$500$5,322$444
$250$6,278$523
30-Year-Old$1,000$2,346$196
$500$2,852$238
$250$3,374$281
40-Year-Old$1,000$2,196$183
$500$2,660$222
$250$3,142$262
50-Year-Old$1,000$1,944$162
$500$2,346$196
$250$2,762$230
60-Year-Old$1,000$1,822$152
$500$2,196$183
$250$2,584$215

Data Methodology: Rated driver has no driving violations or at-fault accidents in the prior three years. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Premium is averaged for all trim levels available for the 2024 Land Rover Range Rover Velar. Updated June 26, 2025

In addition to driver age and policy deductibles (as shown in the cart above), another factor that affects the cost of insurance is the trim level you’re insuring. The table below breaks down average insurance rates for the different trim levels available for the 2024 Range Rover Velar.

2024 Land Rover Range Rover Velar Insurance Rates by Trim Level
2024 Land Rover Range Rover Velar Trim Level Annual Premium Cost Per Month
P250 S$2,544$212
P250 Dynamic SE$2,586$216
P400 Dynamic SE$2,702$225
P400 Dynamic HSE$2,814$235

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 26, 2025

Insurance cost by trim level for a 2024 Land Rover Range Rover Velar ranging from the P250 S model at $2,544 per year to the P400 Dynamic HSE model at $2,814
Insurance cost by trim level for a 2024 Land Rover Range Rover Velar ranging from the P250 S model at $2,544 per year to the P400 Dynamic HSE model at $2,814

How does Range Rover Velar insurance compare?

When compared to competitors in the small luxury SUV segment, average car insurance for a Range Rover Velar costs $104 less per year than the BMW X3, $54 more than the Audi Q5, and $148 more than the Mercedes-Benz GLC300.

The Range Rover Velar ranks 29th out of 38 comparison vehicles in the 2024 compact luxury SUV segment for affordable car insurance rates. The Range Rover Velar costs an estimated $2,660 per year for full coverage auto insurance, while the class average cost is $2,541 annually, a difference of $119 per year.

The following table ranks car insurance cost for the entire compact luxury SUV class for the 2024 model year, and shows the Range Rover Velar highlighted at 29th.

Range Rover Velar Insurance vs Compact Luxury SUVs
Rank Make and Model Annual Premium Difference
1Acura RDX$1,958-$702
2Lexus NX 250$2,072-$588
3Cadillac XT4$2,114-$546
4Lexus NX 350h$2,210-$450
5Lincoln Corsair$2,236-$424
6Mercedes-Benz GLB 250$2,240-$420
7Lexus UX 250h$2,246-$414
8Lexus NX 450h$2,258-$402
9Mercedes-Benz GLA250$2,282-$378
10Mercedes-Benz GLA35 AMG$2,290-$370
11Land Rover Evoque$2,336-$324
12Lexus NX 350$2,348-$312
13Volvo XC40$2,356-$304
14Volvo XC60$2,370-$290
15Alfa Romeo Tonale$2,376-$284
16Mercedes-Benz GLA45 AMG$2,388-$272
17BMW X1$2,420-$240
18Infiniti QX55$2,424-$236
19Volvo C40$2,442-$218
20BMW X2$2,452-$208
21Lexus RZ 450e$2,478-$182
22Mercedes-Benz EQB 300$2,492-$168
23Mercedes-Benz GLC300$2,512-$148
24Mercedes-Benz EQB 350$2,552-$108
25Genesis GV70$2,582-$78
26Audi Q3$2,596-$64
27Audi Q5$2,606-$54
28Alfa Romeo Stelvio$2,630-$30
29Land Rover Range Rover Velar$2,660--
30BMW X4$2,712$52
31Audi Q4$2,736$76
32BMW X3$2,764$104
33Genesis GV60$2,848$188
34Porsche Macan$2,894$234
35Jaguar I-Pace$2,926$266
36Land Rover Defender$3,042$382
37Jaguar F-Pace$3,130$470
38Aston Martin DBX$4,562$1,902

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 27, 2025

At $2,660 per year, insurance cost for a 2024 Land Rover Range Rover Velar ranks 29th out of 38 models in the small luxury SUV segment
At $2,660 per year, insurance cost for a 2024 Land Rover Range Rover Velar ranks 29th out of 38 models in the small luxury SUV segment