- Car insurance rates on a Land Rover Range Rover Velar cost an average of $2,156 per year, or around $180 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 $2,062 per year.
- The Range Rover Velar P400 Dynamic HSE is the most expensive to insure at $2,280 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 $98 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 $2,156 yearly, or $180 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.
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 Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| P250 S | $2,062 | $172 |
| P250 Dynamic SE | $2,096 | $175 |
| P400 Dynamic SE | $2,188 | $182 |
| P400 Dynamic HSE | $2,280 | $190 |
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 February 23, 2024
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, $46 more than the Audi Q5, and $122 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 $2,156 per year for full coverage auto insurance, while the class average cost is $2,058 annually, a difference of $98 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.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Acura RDX | $1,586 | -$570 |
| 2 | Lexus NX 250 | $1,680 | -$476 |
| 3 | Cadillac XT4 | $1,712 | -$444 |
| 4 | Lexus NX 350h | $1,790 | -$366 |
| 5 | Lincoln Corsair | $1,814 | -$342 |
| 6 | Mercedes-Benz GLB 250 | $1,816 | -$340 |
| 7 | Lexus UX 250h | $1,818 | -$338 |
| 8 | Lexus NX 450h | $1,830 | -$326 |
| 9 | Mercedes-Benz GLA250 | $1,844 | -$312 |
| 10 | Mercedes-Benz GLA35 AMG | $1,856 | -$300 |
| 11 | Land Rover Evoque | $1,894 | -$262 |
| 12 | Lexus NX 350 | $1,904 | -$252 |
| 13 | Volvo XC40 | $1,910 | -$246 |
| 14 | Volvo XC60 | $1,920 | -$236 |
| 15 | Alfa Romeo Tonale | $1,926 | -$230 |
| 16 | Mercedes-Benz GLA45 AMG | $1,936 | -$220 |
| 17 | BMW X1 | $1,958 | -$198 |
| 18 | Infiniti QX55 | $1,964 | -$192 |
| 19 | Volvo C40 | $1,978 | -$178 |
| 20 | BMW X2 | $1,986 | -$170 |
| 21 | Lexus RZ 450e | $2,008 | -$148 |
| 22 | Mercedes-Benz EQB 300 | $2,018 | -$138 |
| 23 | Mercedes-Benz GLC300 | $2,034 | -$122 |
| 24 | Mercedes-Benz EQB 350 | $2,066 | -$90 |
| 25 | Genesis GV70 | $2,092 | -$64 |
| 26 | Audi Q3 | $2,102 | -$54 |
| 27 | Audi Q5 | $2,110 | -$46 |
| 28 | Alfa Romeo Stelvio | $2,130 | -$26 |
| 29 | Land Rover Range Rover Velar | $2,156 | -- |
| 30 | BMW X4 | $2,198 | $42 |
| 31 | Audi Q4 | $2,216 | $60 |
| 32 | BMW X3 | $2,238 | $82 |
| 33 | Genesis GV60 | $2,308 | $152 |
| 34 | Porsche Macan | $2,342 | $186 |
| 35 | Jaguar I-Pace | $2,370 | $214 |
| 36 | Land Rover Defender | $2,464 | $308 |
| 37 | Jaguar F-Pace | $2,536 | $380 |
| 38 | Aston Martin DBX | $3,696 | $1,540 |
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 February 23, 2024
