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The Genesis G80 is the entry point to the luxury brand’s lineup, and the 2018 model has scooped up awards for its safety and overall value. It’s easy to insure, but like most high-end cars, premiums tend to be on the pricey side. The average cost of insuring a Genesis is around $175 a month — or $2,100 a year.
That figure might vary depending on your provider, driving history, level of coverage, where you live and how often you drive.
When you’re researching car insurance for your G80, take these factors into account.
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Insurers have intricate algorithms that assess your driving history, where you live and the car you drive. They also weigh things like mileage, body styling and engine power differently. As a result, rates vary between providers and policyholders.
For a Genesis G80, your premium is affected by these factors.
When determining your rates, insurers look at your age, gender and marital status. They also analyze your driving history and any violations, accidents and claims. If your driving record is free from major traffic violations in the past three to five years, you’ll probably be rewarded with a cheaper rate.
Insurers consider your list of nominated drivers, too. If teenagers or unsafe drivers are getting behind the wheel of your car, you can expect to pay a higher premium.
Lastly, many providers assess your credit history. While it’s true that people with good credit histories are privy to better rates, there are insurers who specialize in covering drivers with poor credit.
Yes. Your provider may offer the following discounts, which can cut the cost of your premium by up to 30%.
Reliability and safety is where the G80 shines. The car scored a five-star overall safety rating from the National Highway Traffic Safety Administration (NHTSA). It also earned the Insurance Institute for Highway Safety’s (IIHS) 2018 Top Safety Pick, which is reserved for cars with superior safety and crash prevention features.
US News ranked the G80 #2 in luxury midsize cars. It received a score of 8.8 out of 10 for combining state-of-the-art technology with a list of sophisticated and standard safety devices. ALG, the analytics subsidiary of TrueCar, says it has the highest predicted value retention of any other car in the midsize luxury sedan class.
The G80 is equipped with safety features such as multiple airbags, antilock brakes, electronic stability control, traction control, lane departure warnings, blind-spot monitoring, adaptive cruise control and automatic emergency braking with pedestrian detection. It has child safety locks, as well as two lower anchors and three top tether anchors for installing car seats, though the IIHS gave the G80’s LATCH system a marginal rating because the anchors are buried quite deep in the seats. You may be able to lower your premium by adding additional safety features, like a multi-angle camera and adaptive LED headlights.
In May 2018, Hyundai recalled 37 G80 and G90 cars for windshields and rear windows that may have been installed with the incorrect primer. Since this affects the glass bonding strength, those pieces are at risk of detaching while driving. To learn more, look up the recall number 18V305000.
Compared to its rivals, the G80 has a poor fuel economy. According to Fuel Economy, the average annual fuel cost for driving the 3.8L model is $2,100 per year. This number reflects the current fuel prices and a mix of 45% highway and 55% city driving over 15,000 miles. Fuel Economy estimates that you’ll pay $2,750 more in fuel costs over five years compared to the average new vehicle.
Genesis broke away from Hyundai’s fleet to become a stand-alone brand in 2015. It launched in the US in 2016 and already made a splash on the automotive scene. While there are just two models on the market, the G80 and G90, it plans to have six models on the road by 2020.
In 2018, JD Power ranked Genesis as the highest premium brand for initial quality. The study evaluated 31 brands and 75,712 driver opinions after owning their new cars for 90 days.
Still searching for the perfect car? Compare other makes and models.
The Genesis G80 is a powerful, high-performance sedan. While you shouldn’t have a problem insuring the car, it is expensive to repair and replace, so the rates tend to be higher than other sedans. Genesis has a generous warranty and maintenance program, and you could cut costs even further with discounts for military personnel, loyalty and safe driving.
To ensure you’re getting the best rate, compare car insurance providers.
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