Genesis GV70 insurance group
Compare car insurance costs for your Genesis GV70 based on your age and location.
Genesis GV70 insurance groups and cost by driver's ageWhen it comes to car insurance, all vehicles are given a specific insurance group that ranges from 1 (cheapest) to 50 (most expensive) which helps determine the cost of your premium. Genesis GV70 models range from insurance groups 41 - 44, so the cost of insurance can vary significantly. As an example, a 30-year-old driver in an average postcode could pay around £1,041 for cover on a Genesis GV70 2.2D Luxury Line 4dr Auto AWD, or around £1,096 for a Genesis GV70 2.5T Luxury Line 5dr Auto AWD. You can find the insurance group, and likely cost, of your Genesis GV70 in the table below.
Genesis GV70 insurance cost by locationThe table above shows the average cost of Jaguar XF insurance based on insurance groups and driver age. However, there are a number of other factors that affect the cost of your car insurance premiums, one of the biggest being your location. To show the power of the postcode, here are some average quotes for a 30-year-old living in three different locations. The quotes are for a Genesis GV70 2.2D Luxury Line 4dr Auto AWD.
- Expensive: £1,232 (London SE1)
- Average: £1,041 (Newcastle NE1)
- Cheap: £781 (Galashiels TD1)
Which factors affect my Genesis GV70 insurance rate?Along with insurance group, there are a number of key factors that have the biggest impact on your insurance premium costs:
- Engine type and capacity. In general, the bigger the engine, the higher the cost of your insurance. An average 30-year-old may pay £1,041 for the Genesis GV70 2.2D Luxury Line 4dr Auto AWD, but could pay around £1,096 for the Genesis GV70 2.5T Luxury Line 5dr Auto AWD.
- Driver location. Where you live helps determine the level of risk that your car may be stolen or you'll be involved in an accident, and this affects the cost of insurance. For example, a 30-year-old in central London may pay £1,232 for insurance for a Genesis GV70 2.2D Luxury Line 4dr Auto AWD, while the same 30-year-old in Newcastle may only pay £1,041.
- Driver age. The younger you are, the more risk you represent to insurers, and the more you're likely to pay for insurance. The average 20-year-old driver in London may pay £2,188 for the Genesis GV70 2.5T Luxury Line 5dr Auto AWD, while the average 40-year-old Londoner will only pay £1,146.
- Your marital status
- Your credit history and job
- Your car's safety rating score
- The model of your car
- The age of your car
- Your car's security and any extra anti-theft precautions
- Annual miles driven
- Your driving history and activity
- No claims discount
How can I save on my Genesis GV70 premiums?Whilst car insurance is a necessary legal requirement, you don't want it leaving you with an empty bank account. When searching for insurance, you'll want to find the best deal for a price that's within your budget. There are some tricks you can try in order to lower the cost of your premium, and we've listed them below.
- Limit your car usage (where possible). Occasionally deciding to walk or get public transport, rather than using your car, can help to save on your premiums.
- Pay annually rather than monthly. Whilst it might be scary to part with a large sum of money in one go, by paying annually you can save an average of £59.52 a year.
- Install extra safety precautions. The safer your car is, the less of a risk it will be for companies to insure. By adding extra safety measures, you're quite likely to lower your premium.
- Don't just accept your renewal quote. Although it might be time consuming, when it's time for renewal make sure you shop around and don't just settle for the renewal price given to you – there may be cheaper options out there!
Bottom lineDepending on your model, car insurance premiums can vary based on the insurance group your Genesis GV70 falls under. By using the tips in this guide, you should be able to make your car insurance more affordable.
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