Compare car insurance policies with Compare the Market
Savvy is partnered with Compare the Market to help you compare a range of car insurance policies from a panel of trusted providers.
Take the hassle out of finding car insurance for your Genesis by comparing quotes online.
Fact checked
Genesis, the premium division of Hyundai that made its debut in Australia in 2019, has quickly made a name for itself in the luxury car market. With a range of SUVs and sedans in both standard and electric models available, car insurance for a Genesis can vary widely.
If you want to find the right cover for you and your vehicle, you can compare offers from leading insurance providers in one place, getting online quotes tailored to your profile in minutes.
The cost of car insurance for a Genesis in Australia can vary depending on a wide range of factors specific to you, your car and your insurer.
However, as an example, to insure your 2023 Genesis GV70, you could expect to pay between approximately $1,446 and $3,295 per year, or $139 and $307 per month, with a $900 excess. This is based on the following assumptions:
Please note the above premiums were source in June 2023 from a range of Australian car insurance providers. This quote may change depending on a number of factors specific to you and your profile.
You can compare offers for all Genesis models currently available in Australia, including the following:
Luxury vehicles like Genesis models often have higher values as well as more expensive parts that are more costly to repair or replace, which can increase insurance premiums.
Your driving record plays a significant role in insurance pricing. A clean record with no accidents or traffic violations can result in lower premiums, while a history of claims or driving offences may lead to higher rates.
How you use your Genesis vehicle can affect insurance costs. If you use it for business purposes or if you have a high annual mileage, insurers may consider it a higher risk, potentially resulting in higher premiums.
Where you live, drive and park your car can impact insurance rates. Urban areas with higher traffic congestion and a greater risk of accidents may result in higher premiums compared to rural areas with lower traffic density.
Advanced security features such as alarm systems, GPS tracking or immobilisers can potentially lower insurance premiums as they reduce the risk of theft or vandalism and make the vehicle more secure.
The most basic type of optional cover available, TPPD insurance can offer protection for damage caused by your vehicle to other people's property. However, no damage to your vehicle will be covered.
A step up from TPPD, TPFT insurance can also cover damage to your vehicle sustained due to a fire or theft (or attempted theft) in addition to third-party property damage if you're in an at-fault accident.
The most extensive (and expensive) form of cover, comprehensive car insurance can also offer cover for damage to your vehicle in an accident, collision and certain weather events on top of the areas TPFT covers.
Select your car make and find out how much it may cost to insure, read helpful guides and compare quotes.
Disclaimer:
Savvy (ABN 78 660 493 194, ACR 541 339) provides readers with a variety of car insurance policies to compare. Savvy earns a commission from our partnered insurers each time a customer buys a car insurance policy via our website. All purchases are conducted via our partners’ websites. The integrity of our comparison service is unaffected by our partnerships with those businesses and our effort remains to bring further brands that do not already use our comparison service onboard.
Savvy’s comparison service includes selected products from a panel of trusted insurers and does not compare all products in the market. Any advice presented above or on other pages is general in nature and doesn’t consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy. We always recommend readers to consult the Product Disclosure Statement (PDS) of different policies before purchasing your car insurance.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
© Copyright 2024 Quantum Savvy Pty Ltd T/as Savvy. All Rights Reserved.
Quantum Savvy Pty Ltd (ABN 78 660 493 194) trades as Savvy and operates as an Authorised Credit Representative 541339 of Australian Credit Licence 414426 (AFAS Group Pty Ltd, ABN 12 134 138 686). We are one of Australia’s leading financial comparison sites and have been helping Australians make savvy decisions when it comes to their money for over a decade.
We’re partnered with lenders, insurers and other financial institutions who compensate us for business initiated through our website. We earn a commission each time a customer chooses or buys a product advertised on our site, which you can find out more about here, as well as in our credit guide for asset finance. It’s also crucial to read the terms and conditions, Product Disclosure Statement (PDS) or credit guide of our partners before signing up for your chosen product. However, the compensation we receive doesn’t impact the content written and published on our website, as our writing team exercises full editorial independence.
For more information about us and how we conduct our business, you can read our privacy policy and terms of use.
