GENESIS
How much is Genesis GV70 insurance?

About $1,972 a year for full coverage on a national average — 37% more than the $1,438 average car. Insurers rate the Genesis GV70 at an index of 137 where 100 is a typical vehicle, based on how often and how expensively these cars actually generate claims (latest data covers 2022-2024).

FULL COVERAGE
$1,972
estimated per year
HLDI
137
insurance index (100 = average)
RANK
#60
of 80 in its class
SAFETY
5
NHTSA overall rating
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What the numbers say

The premium isn't spread evenly. Comprehensive — theft, weather, vandalism, animals — carries this car's highest loss index at 153, while Bodily injury sits at 68. That gap is the real reason behind the price, and it's the part a quote form never shows you. Among 80 luxury suvs we hold data for, the GV70 ranks #60 from cheapest, above the class median of 109. Over 3 generations of data the index has climbed from 119 (2020-2022) to 137 (2022-2024). Worth noting: this car earns 5 stars from NHTSA and still insures above average — crash protection and repair cost are separate things, and insurers price the second one. Calculated from 4 insurance-loss records.

Why a GV70 costs what it does

Insurers don't price a car with one number — they track losses separately for each kind of cover. An index of 100 is the average vehicle, so anything above means this model generates costlier claims of that type:

FIG.01·Genesis GV70 — Insurance Loss Index by Coverage
01
Comprehensivetheft, weather, vandalism, animals153
02
Collisiondamage to your own car in a crash147
03
Medical paymentsmedical bills for you and passengers92
04
Personal injury (PIP)no-fault injury cover in some states86
05
Property damagedamage you cause to other property81
06
Bodily injuryinjuries you cause to other people68
TOP 6·UNIT loss index (100 = average car)·SOURCE HLDI insurance-loss data

Read it as «where the money goes». A high Collision figure means these cars are expensive to repair after a crash; a high Comprehensive figure points at theft, weather and vandalism instead. Estimated annual split at $1,972: Liability (BI + PD) $947 · Collision $552 · Comprehensive $237 · Other (UM / PIP) $237.

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The GV70 against its class

Every luxury suvs we hold insurance data for, cheapest to insure first. The GV70 is highlighted — rivals are clickable if you're cross-shopping:

FIG.02·Genesis GV70 vs Rivals — Insurance Loss Index
01
Mercedes-Benz EQB-Class≈ $1,833/yr128
02
BMW X3≈ $1,907/yr133
03
Land Rover Range Rover Velar≈ $1,923/yr134
04
BMW X5≈ $1,941/yr135
05
Audi Q8≈ $1,956/yr136
06
Genesis GV70≈ $1,971/yr137
07
Tesla Model X≈ $2,000/yr139
08
Alfa Romeo Stelvio≈ $2,064/yr144
09
Audi SQ7≈ $2,075/yr144
10
Porsche Cayenne≈ $2,131/yr148
11
BMW iX≈ $2,206/yr153
12
Maserati Grecale≈ $2,322/yr162
TOP 12·UNIT loss index (100 = average)·SOURCE HLDI · Luxury SUVs

Class as defined by insurers (Luxury SUVs), not by us — it groups cars by how they're actually driven and repaired. Median for this class is 109, roughly $1,560 a year.

How it changed by generation

Insurance-loss index of the GV70 across every generation in the data. Newer isn't automatically cheaper — driver-assist systems cut crash frequency, while sensors and aluminium panels push repair bills up:

FIG.03·Genesis GV70 — Insurance Loss Index by Generation
2020-20222021-20232022-2024119103137
RANGE 119 → 137·SOURCE HLDI · 2020-2022 → 2022-2024

Each point averages every recorded variant of that generation. The GV70 has become more expensive to insure over time (+18 points).

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What a GV70 costs by state

Where you park matters as much as what you drive. The GV70's index applied to each state's average premium — the same car, the same cover, different postcode:

FIG.04·Genesis GV70 Insurance Cost by State
StateGV70 est. / yrvs national
Florida$2,733/yr+39% vs US
Louisiana$2,714/yr+38% vs US
New York$2,600/yr+32% vs US
District of Columbia$2,493/yr+26% vs US
Georgia$2,394/yr+21% vs US
Texas$2,368/yr+20% vs US
Wisconsin$1,372/yr-30% vs US
Hawaii$1,368/yr-31% vs US
Idaho$1,345/yr-32% vs US
North Dakota$1,318/yr-33% vs US
Vermont$1,313/yr-33% vs US
Maine$1,270/yr-36% vs US
ROWS 12·SOURCE NAIC 2023 × HLDI

Six priciest and six cheapest states shown. Figures are the state's average premium scaled by this model's loss index — your own quote also depends on age, record, deductible and ZIP.

More on the Genesis GV70

Genesis GV70 insurance — frequently asked

How much is insurance for a Genesis GV70?

About $1,972 a year for full coverage at the national average, versus $1,438 for a typical car. That's the model's insurance-loss index of 137 applied to the US average premium.

Why is the GV70 expensive or cheap to insure?

Its costliest area is Comprehensive (index 153), which covers theft, weather, vandalism, animals. Insurers set premiums from claim history like this, not from the sticker price.

Is the GV70 cheaper to insure than rivals?

It ranks #60 of 80 in the luxury suvs class, where the median index is 109 against this car's 137. Cheaper rivals are listed in the chart above.

Does its safety rating lower the premium?

Not directly. The GV70 holds 5 stars from NHTSA, but crash-test performance and repair cost are priced separately — a car can protect occupants well and still be costly to fix.

Where does this data come from?

Insurance-loss indices published for real vehicles, combined with NAIC state average premiums. It's claim history, not a quote engine — so it shows what these cars actually cost insurers rather than what one company would offer you.

Will my own quote match this?

Treat it as a baseline for the car itself. Your figure also moves with age, driving record, deductible, mileage and ZIP code — the same GV70 can differ by hundreds between two drivers.

How we work this out

Insurance-loss indices come from published claim data for real vehicles, where 100 is the average car; we average every recorded variant of the model's latest generation (4 records for the Genesis GV70). The dollar figure applies that index to the NAIC US average premium of $1,438 (2023); state figures use each state's own average. Prices for the value comparison are ForCar's medians of live US listings. This is a baseline for the vehicle, not a personal quote. Last updated Jul 2026. Reviewed by , founder of ForCar.
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