Car Insurance for a Land Rover

The average cost of insuring a Land Rover is $2,126 annually, which is 103 percent more than the U.S. national average in 2020 — $1,047.¹ However, some models are cheaper to protect than others, and older cars cost less to insure.

By Model

The most expensive Land Rover to insure is the Range Rover Sport, one of the brand’s most popular vehicles. The Range Rover insurance rate is $2,484. On the other hand, you can get the lowest rates on Land Rover auto insurance for a Lr2 model.

Compare quotes for Land Rover cars to get the lowest prices.

By Model Year

Generally, Land Rovers have gotten more expensive from 2015 to 2020, but there have been a couple years where the costs actually decreased year-over-year. This is good news for Range Rover owners.

By Driving Record

Someone with a bad driving record is a high-risk driver and will pay more for car insurance with any make or model.

By Coverage

Of course, someone paying for only minimum coverage will pay less than someone with full coverage car insurance.

By Company

Some auto insurance companies have cheaper rates for Land Rovers than others.

Land Rover vs. Other SUVs

While insuring a Land Rover costs just over $2,100, the average SUV costs about three-quarters to insure, according to a 2022 report from AAA.² Perhaps one reason for this is that Land Rovers are luxury vehicles, which cost more to repair and thus more to insure.

Of course, insurance isn’t the only expense involved in car ownership. There are also costs associated with maintenance, fuel, depreciation, and other factors, which we’ll explain below.

According to our proprietary data, these are some of the cheapest car insurance companies for Land Rovers:

• Allied
• Tennessee Farmers
• American Family
• Mercury
• Nationwide

Many factors affect the cost of car insurance, including a Land Rover’s features and safety ratings.

Land Rover Features

Many safety features are standard in vehicles such as the 2022 Land Rover.

Here’s a little information about some of these safety features:

• Adaptive cruise control and steering assist: Cruise control isn’t a new feature, but the Land Rover’s function will reduce your speed automatically if it detects a slower car ahead. It also keeps the car in the center of the lane, preventing drifting.
• Autonomous emergency braking (AEB): AEB means that the car can identify pedestrians, vehicles, or cyclists ahead or from other lanes while your vehicle is turning left or right. If it senses you’re about to hit something or someone, it will apply the brakes automatically to limit the severity of the accident.
• Lane keep assist: It’s easy to drift out of your lane, especially if you’re driving while drowsy. However, with a Land Rover, the vehicle won’t just beep at you when you depart a lane; it will actually counter this movement via your steering wheel.³

Vehicle models with more safety features have better safety ratings, which brings us to our next topic.

Safety Ratings

The European New Car Assessment Programme (Euro NCAP) uses a five-star safety rating system to help people choose vehicles based on safety features and their ability to protect people both inside and outside the vehicle in a car crash.

Nearly all Land Rover models received perfect five-out-of-five ratings, and all received scores of 80 percent or higher for protection.⁴ Safer models with higher safety ratings are cheaper to insure, as they imply a lower risk of losses compared with more dangerous vehicles, like Ferraris.

Other Factors

Here are some additional factors that affect the cost of car insurance regardless of your vehicle’s manufacturer:

• Your age
• Bundling with other types of insurance, like home and auto
• Your credit score, in every state except Massachusetts, Hawaii, California, and Michigan
• Your driving history
• Your gender, in every state except Florida, Hawaii, Massachusetts, Michigan, North Carolina, Ohio, and Pennsylvania
• Your homeownership status
• Your insurance history
• Your marital status, in every state except Arizona, Hawaii, Iowa, Massachusetts, Michigan, New Jersey (if you’re a widow/widower or divorced person), Ohio, and Wyoming
• Your street address

Although insuring a Land Rover will certainly cost you more than average, here are some ways to lower your car insurance costs.

Get Minimum Coverage

Getting the minimum car insurance required in your state is always the cheapest option, but if you have any physical damage to your Rover, you’ll have to pay for repairs out of pocket. Saving now could mean spending more money later if you cause a collision or encounter theft, vandalism, or natural disasters.

Raise Your Deductible

Raising your collision/comprehensive deductible will lower your rates, but make sure it’s a deductible amount you’d be able to pay comfortably out of pocket if you had to. Insurance coverage kicks in only once you’ve reached your deductible.

Ask for Discounts

Each insurance company offers different discounts, like savings for enrolling in paperless billing or paying for a year in full. Ask your insurance agent which discounts apply to you.

Bundle

If you need more than one type of insurance policy, get them from the same provider. Most companies offer discounts for bundling.

Lower Your Limits

You can keep your existing coverage but lower your limits to bring down your auto insurance premiums. Keep in mind that the insurance company will be responsible for less if you need help.

Is minimum coverage enough to protect your investment? Let’s take a closer look.

Standard

Standard insurance typically includes the following coverage types:

• Bodily injury coverage: Bodily injury coverage pays for the other party’s injuries in accidents you caused. In other words, it would pay for everyone’s injuries except yours or those sustained by anyone else in your car.
• Property damage coverage: Similarly, property damage covers other people’s property when you caused the damage. Together, bodily injury and property damage coverage make up basic liability insurance, the minimum most states require.
• Uninsured/underinsured motorist coverage (UM/UIM): UM/UIM is essentially liability coverage for uninsured or underinsured parties; it pays for you and your passengers’ injuries and damages. Let’s say someone hits your parked car and leaves the scene — a hit-and-run. UM would pay for your property damage even if you couldn’t get the other party’s insurance information. It also applies to drivers without insurance or drivers without high enough limits to make you whole again following an accident.
• Medical payments coverage/personal injury protection (MedPay/PIP): MedPay and PIP cover you and your passengers’ medical bills. PIP also includes lost wages and child care costs you incurred due to an accident.

Optional

• Collision insurance: Collision insurance will pay for your property damages, either repairing or replacing your car as a result of an accident.
• Comprehensive coverage: Comprehensive coverage pays for your Land Rover’s physical damages from everything but collisions — for example, natural disasters, car theft, and vandalism.
• Gap insurance: If you leased your vehicle or got a loan to pay for it, you’ll probably be required to carry gap insurance, which would pay for the remainder of your loan or lease if your car is totaled.

On our list of the best car insurance for Land Rovers, we spotlighted companies such as State Farm, Liberty Mutual, Allstate, Farmers, and USAA. However, for Range Rovers more specifically, we recommend insurance companies such as Travelers, GEICO, and Progressive as well.

As mentioned above, car insurance isn’t the only cost involved in owning a Land Rover. Like most vehicles, aside from classic cars, Land Rovers lose value as soon as you drive them off the lot. And in that time, you’ll also have to pay for maintenance and fuel.

Depreciation

Let’s say you just bought a 2023 Land Rover — congratulations! The bad news: Within five years and a total of 60,000 miles, the car’s value will be just 44 percent of what you paid for it originally, according to CarEdge.⁵

Maintenance

The average annual cost of Land Rover repairs is $1,174, with problems such as defective vehicle height sensors and suspension faults.⁶ Of course, maintenance costs vary based on mileage and a slew of other factors, like the ZIP codes of the car owner.

Fuel

The average 2023 Land Rover model gets 20 miles per gallon (mpg) combined highway/city or 18 city mpg and 23 highway mpg.⁷

In general, larger vehicles like Land Rovers use more fuel than sedans do, so keep gas prices in mind when you’re considering buying a Land Rover or Range Rover.

If you want to save, consider one of Land Rover’s mild hybrid electric vehicles (MHEVs), which have an average of 21 combined highway/city mpg, 18 city mpg and 25 highway mpg. Although this vehicle isn’t entirely electric, it uses a small battery instead of the engine when you’re stationary, braking, or coasting.⁸ Interested in a fully electric vehicle? Check out our list of the best electric vehicle insurance options.

Financing

Last but not least, you may have to pay finance charges if you got a loan or lease for your vehicle.

Land Rovers certainly aren’t the cheapest cars to insure or own. To learn about a more affordable car, check out our page on the best insurance for Hyundai, or keep reading the FAQs below to learn more about insuring Land Rovers.