A red Genesis parked in a carpark.
Car insurance

Car insurance for Genesis

Are you hunting for info about Genesis car insurance? Here, we’ve listed the premiums you might expect for Youi Comprehensive cover on Genesis cars. Further down you’ll also find detail about the levels of cover we offer, as well as some interesting facts about the Genesis brand.

Are you hunting for info about Genesis car insurance? Here, we’ve listed the premiums you might expect for Youi Comprehensive cover on Genesis cars. Further down you’ll also find detail about the levels of cover we offer, as well as some interesting facts about the Genesis brand.

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How much does Genesis car insurance cost?

How much you’ll end up paying for your Genesis insurance will depend on a number of variable factors. To get a general idea, take a look below to see Youi’s average annual insurance premiums for Comprehensive cover on the Genesis vehicles we cover.

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Model

Genesis GV70

ANNUAL PREMIUM RANGE:

$773 to $1,590

When insured with Youi, the average annual premium for a Comprehensive policy covering the Genesis GV70 is $1,299. 

Information about indicative premium ranges and comparisons

When we display the indicative Comprehensive premium range for a car make and model, or offer a comparison of how a model’s annual premium compares to Youi premiums for all models for that car brand, we adopt some important guidelines:

  • The information displayed is based on Youi internal data for Comprehensive policies sold for the make and model between 30 Nov 2022 and 31 May 2023.
  • To improve how useful our data is, we only calculate our average comparisons on models where Youi data is available on at least 10 sold Comprehensive policies for that model.
  • As you would expect, we get some higher or lower premiums based on different risk ratings, so the indicative range does not represent all Youi customers. 80% of applicable Comprehensive car premiums purchased by our customers fell within or below the indicative premium range shown.
  • Premiums and offers to insure are subject to rating & underwriting, and your own individual circumstances.

Choose your cover

Youi’s range of Genesis insurance options includes Comprehensive, Third Party Fire & Theft, and Third Party Property Only. Take a look to see which one might suit your situation.

Interesting facts about Genesis

Genesis launched in Australia in 2019

Genesis Motors is the luxury division of the Hyundai Motor Group. It’s also one of Australia’s newest car brands, launching here in 2019 with a range of premium sedans and SUVs. Their pricing is more towards the luxury end of the spectrum, and their vehicles are available with petrol, diesel, or electric engines (depending on the model).1

The Genesis logo represents two wings

The Genesis emblem features a crest with two wings, with the two lines in each wing extending outwards, creating the impression of motion. This ‘two line architecture’ is the defining design feature of every Genesis vehicle, and it can be seen in the shape of their headlights, and also as an aesthetic flourish across the sides of its cars.2

The Genesis GV60 was a 2023 Drive Car of the Year finalist

Powered by an electric battery, the Genesis GV60 SUV was a finalist in the Best Electronic Vehicle ($70,000–$120,000) category of the 2023 Drive Car of the Year awards. The judges described the ‘novelty spherical and rotating gearshifter’ as one of the vehicle’s highlights, while also praising its handling and performance.3

Genesis supported the 2023 Australia Sail Grand Prix

Genesis was the official automotive partner of the 2023 KPMG Australia Sail Grand Prix (SailGP), which took place on Sydney Harbour. For the duration of the event, Shark Island became Genesis Island, offering the best land-based viewing for the prestigious boat race. This partnership was the first foray into sailing for Genesis, providing an opportunity to showcase its progressive brand identity to a global audience.4

Genesis Motors is the luxury division of the Hyundai Motor Group. It’s also one of Australia’s newest car brands, launching here in 2019 with a range of premium sedans and SUVs. Their pricing is more towards the luxury end of the spectrum, and their vehicles are available with petrol, diesel, or electric engines (depending on the model).1

The Genesis emblem features a crest with two wings, with the two lines in each wing extending outwards, creating the impression of motion. This ‘two line architecture’ is the defining design feature of every Genesis vehicle, and it can be seen in the shape of their headlights, and also as an aesthetic flourish across the sides of its cars.2

Powered by an electric battery, the Genesis GV60 SUV was a finalist in the Best Electronic Vehicle ($70,000–$120,000) category of the 2023 Drive Car of the Year awards. The judges described the ‘novelty spherical and rotating gearshifter’ as one of the vehicle’s highlights, while also praising its handling and performance.3

Genesis was the official automotive partner of the 2023 KPMG Australia Sail Grand Prix (SailGP), which took place on Sydney Harbour. For the duration of the event, Shark Island became Genesis Island, offering the best land-based viewing for the prestigious boat race. This partnership was the first foray into sailing for Genesis, providing an opportunity to showcase its progressive brand identity to a global audience.4

What might impact my Genesis insurance costs?

Below we’ve outlined some of the key factors that may influence the cost of your Genesis car insurance. For more detailed information about keeping your Genesis covered, start a quote start a quote

FAQs

Here are some answers to questions that are frequently asked about Genesis insurance.

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For Youi customers, the average annual insurance premium for Genesis vehicles is (for Comprehensive cover) is $1,299. Compare this with the average annual premium for Audi vehicles, which is about $1,492. 

Get more information about insuring your Genesis by starting a quote with us today.

Certain car paints can cost more than others (metallic paint, for instance). Because car insurance premiums are calculated based on, among other things, how much it would cost to fix or replace your car, the colour of your Genesis will be taken into account when you start a quote. 

The model year can have an impact on the cost of insurance for your Genesis GV70. This is because insurance premiums are based on, among other things, how much it would cost to have your Genesis replaced or repaired following an accident. Usually, the more expensive it is to repair or replace a vehicle, the more expensive it’s likely to be to insure.  

Start a quote with us today to get more information about keeping your Genesis covered.  

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Guides 

Below you’ll find articles which provide additional information about car insurance together with answers to some frequently-asked insurance questions.

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Disclaimers

1 Source: Drive and Drive
2 Source: Genesis
3 Source: Drive
4 Source: Genesis