- Car insurance rates on a Land Rover Range Rover Velar cost an average of $2,050 per year, or around $171 per month, but vary considerably based on the trim level.
- The cheapest Range Rover Velar trim to insure is the S P250 trim at an estimated $1,960 per year.
- The Range Rover Velar R-Dynamic P400 HSE is the most expensive to insure at $2,188 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 $90 more per year on average.
How much does Range Rover Velar insurance cost?
Ranked 28th out of 37 vehicles in the 2023 small luxury SUV class, Range Rover Velar insurance averages around $2,050 yearly, or $171 if paid each month.
The Range Rover S P250 trim (MSRP of $60,300) is the cheapest model to insure, while the more expensive R-Dynamic P400 HSE model (MSRP of $78,900) 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.
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 2023 Range Rover Velar.
| Land Rover Range Rover Velar Trim Level | Annual Policy | Six-Month Policy | Per Month |
|---|---|---|---|
| S P250 | $1,960 | $980 | $163 |
| R-Dynamic P250 S | $1,992 | $996 | $166 |
| R-Dynamic P340 S | $2,056 | $1,028 | $171 |
| R-Dynamic P400 HSE | $2,188 | $1,094 | $182 |
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 $82 less per year than the BMW X3, $8 more than the Audi Q5, and $206 more than the Mercedes-Benz GLC300.
The Range Rover Velar ranks 28th out of 37 comparison vehicles in the 2023 compact luxury SUV segment for affordable car insurance rates. The Range Rover Velar costs an estimated $2,050 per year for full coverage auto insurance, while the class average cost is $1,960 annually, a difference of $90 per year.
The following table ranks car insurance cost for the entire compact luxury SUV class for the 2023 model year, and shows the Range Rover Velar highlighted at 28th.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Acura RDX | $1,508 | -$542 |
| 2 | Cadillac XT4 | $1,634 | -$416 |
| 3 | Volvo XC40 | $1,664 | -$386 |
| 4 | Lexus UX 250h | $1,694 | -$356 |
| 5 | Mercedes-Benz GLA250 | $1,756 | -$294 |
| 6 | Mercedes-Benz GLB 250 | $1,762 | -$288 |
| 7 | Lexus NX 250 | $1,786 | -$264 |
| 8 | Lexus NX 350h | $1,806 | -$244 |
| 9 | Lexus NX 350 | $1,818 | -$232 |
| 10 | Lincoln Corsair | $1,820 | -$230 |
| 11 | Lexus NX 450h | $1,826 | -$224 |
| 12 | BMW X1 | $1,838 | -$212 |
| 13 | Alfa Romeo Tonale | $1,842 | -$208 |
| 14 | Mercedes-Benz GLC300 | $1,844 | -$206 |
| 15 | Lexus RZ 450e | $1,848 | -$202 |
| 16 | Volvo XC60 | $1,852 | -$198 |
| 17 | Audi Q3 | $1,868 | -$182 |
| 18 | Land Rover Evoque | $1,878 | -$172 |
| 19 | Volvo C40 | $1,894 | -$156 |
| 20 | Infiniti QX55 | $1,958 | -$92 |
| 21 | Mercedes-Benz GLA35 AMG | $1,964 | -$86 |
| 22 | Genesis GV70 | $1,998 | -$52 |
| 23 | Mercedes-Benz EQB 300 | $2,008 | -$42 |
| 24 | Genesis GV60 | $2,010 | -$40 |
| 25 | Mercedes-Benz GLA45 AMG | $2,020 | -$30 |
| 26 | Alfa Romeo Stelvio | $2,028 | -$22 |
| 27 | Audi Q5 | $2,042 | -$8 |
| 28 | Land Rover Range Rover Velar | $2,050 | -- |
| 29 | Mercedes-Benz EQB 350 | $2,052 | $2 |
| 30 | BMW X4 | $2,092 | $42 |
| 31 | Land Rover Defender | $2,098 | $48 |
| 32 | Jaguar F-Pace | $2,106 | $56 |
| 33 | Audi Q4 | $2,120 | $70 |
| 34 | Porsche Macan | $2,122 | $72 |
| 35 | BMW X3 | $2,132 | $82 |
| 36 | Jaguar I-Pace | $2,252 | $202 |
| 37 | Aston Martin DBX | $3,514 | $1,464 |
