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Here’s how much you’ll pay to insure your luxury SUV, be it a Land Rover or a Supercharged model.
Here’s how much you’ll pay to insure your luxury SUV, be it a Land Rover or a Supercharged model.
One of the most important factors in the cost of car insurance is the car itself. Insurance companies judge cars based on their safety ratings, repair costs, and features to determine how much the vehicles will protect you and your passengers in the event of an accident. While there have been many Land Rover models over the years, what is the average cost of insuring one?
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.
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.
Model | Average annual cost of car insurance |
---|---|
Range Rover Sport | $2,484 |
Range Rover | $2,375 |
Range Rover Evoque Pure Plus | $2,298 |
Range Rover Evoque | $2,256 |
Defender | $2,248 |
Discover | $2,184 |
Discovery | $1,995 |
Discovery Sport | $1,898 |
LR3 | $1,866 |
Range Rover Sport Supercharged (2019) | $1,866 |
Range Rover Velar S (2019) | $1,866 |
Discovery Sport Hse | $1,656 |
Lr2 SE | $1,656 |
Range Rover Evoque Coupe | $1,092 |
Range Rover Hse | $1,086 |
Lr4 | $924 |
Lr2 | $828 |
Compare quotes for Land Rover cars to get the lowest prices.
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.
Year | Average annual cost of car insurance for a Land Rover Range Rover |
---|---|
2015 | $2,280 |
2016 | $2,396 |
2017 | $2,384 |
2018 | $2,391 |
2019 | $2,486 |
2020 | $2,453 |
Someone with a bad driving record is a high-risk driver and will pay more for car insurance with any make or model.
Driving record | Average annual cost of car insurance |
---|---|
Clean record | $2,063 |
Speeding ticket | $2,135 |
Serious offense | $3,424 |
Of course, someone paying for only minimum coverage will pay less than someone with full coverage car insurance.
Coverage | Average annual cost of car insurance |
---|---|
Minimum | $1,566 |
Full | $2,330 |
Some auto insurance companies have cheaper rates for Land Rovers than others.
Company | Average annual cost of car insurance |
---|---|
Allstate | $2,539 |
Clearcover | $2,540 |
Dairyland | $3,657 |
Kemper | $2,058 |
National General | $2,958 |
Nationwide | $2,299 |
Progressive | $2,487 |
Safeco | $2,375 |
State Auto | $2,681 |
Travelers | $2,594 |
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.
Annual cost of car ownership | Subcompact SUV | Compact SUV (FWD) | Medium SUV (4WD) | SUV average |
---|---|---|---|---|
Fuel costs in cents per mile | 15 | 14 | 19 | 16 |
Maintenance in cents per mile | 10 | 10 | 10 | 10 |
Full-coverage insurance | $1,527 | $1,515 | $1,529 | $1,524 |
License, registration, taxes | $507 | $553 | $717 | $592 |
Depreciation (10,000 miles per year) | -$1,167 | -$1,431 | -$1,858 | $-1,485 |
Total cost of ownership (10,000 miles per year) | $6,827 | $6,675 | $7,992 | $7,165 |
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:
Many factors affect the cost of car insurance, including a Land Rover’s features and safety ratings.
Many safety features are standard in vehicles such as the 2022 Land Rover.
Land Rover 2022 | Driver | Passenger | Rear |
---|---|---|---|
Front airbag | Standard | Standard | Not applicable |
Belt pre-tensioner | Standard | Standard | Standard |
Belt load limiter | Standard | Standard | Standard |
Knee airbag | Not available | Not available | Not applicable |
Side head airbag | Standard | Standard | Standard |
Side chest airbag | Standard | Standard | Not available |
Side pelvis airbag | Standard | Standard | Not available |
Center airbag | Not available | Not available | Not applicable |
Isofix/i-Size | Not applicable | Not available | Standard |
Integrated child seat | Not applicable | Not available | Not available |
Airbag cutoff switch | Not applicable | Standard | Not applicable |
Seat belt reminder | Standard | Standard | Standard |
Active bonnet | Not available | Not applicable | Not applicable |
Autonomous emergency braking vulnerable road users | Standard | Not applicable | Not applicable |
Autonomous emergency braking pedestrian reverse | Not available | Not applicable | Not applicable |
Autonomous emergency braking car-to-car | Standard | Not applicable | Not applicable |
Speed assistance | Standard | Not applicable | Not applicable |
Lane assist system | Standard | Not applicable | Not applicable |
Here’s a little information about some of these safety features:
Vehicle models with more safety features have better safety ratings, which brings us to our next topic.
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.
Land Rover model (standard safety equipment) | Model year | Overall rating (out of 5 stars) | Adult occupant protection | Child occupant protection | Vulnerable road users (pedestrians/cyclists) protection | Safety assist (driver-assistance and crash-avoidance technologies) |
---|---|---|---|---|---|---|
Land Rover | 2022 | 5 | 84% | 87% | 72% | 82% |
Land Rover Sport | 2022 | 5 | 85% | 85% | 69% | 82% |
Evogue | 2022 | 5 | 94% | 87% | 72% | 73% |
Velar | 2017 | 5 | 93% | 85% | 74% | 72% |
Discover | 2017 | 5 | 90% | 80% | 75% | 73% |
Range Rover | 2012 | 4 | 91% | 84% | 63% | 86% |
Average | n/a | 5 | 90% | 85% | 71% | 78% |
Here are some additional factors that affect the cost of car insurance regardless of your vehicle’s manufacturer:
Although insuring a Land Rover will certainly cost you more than average, here are some ways to lower your car insurance costs.
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.
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.
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.
If you need more than one type of insurance policy, get them from the same provider. Most companies offer discounts for bundling.
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 insurance typically includes the following coverage types:
Gap insurance will reimburse you for your Land Rover’s actual cash value pre-accident, the depreciated value of what you paid for it. To get back what you paid for a new Rover before depreciation, you’ll need new car replacement coverage.
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.
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
Years old | Depreciation | Residual value | Resale value | Mileage | Resale year |
---|---|---|---|---|---|
1 | $1,927 | 99% | $129,184 | 12,000 | 2022 |
2 | $36,396 | 72% | $94,715 | 24,000 | 2023 |
3 | $47,856 | 64% | $83,255 | 36,000 | 2024 |
4 | $56,496 | 57% | $74,615 | 48,000 | 2025 |
5 | $73,488 | 44% | $57,623 | 60,000 | 2026 |
6 | $83,282 | 36% | $47,829 | 72,000 | 2027 |
7 | $86,245 | 34% | $44,866 | 84,000 | 2028 |
8 | $91,607 | 30% | $39,504 | 96,000 | 2029 |
9 | $94,216 | 28% | $36,895 | 108,000 | 2030 |
10 | $102,031 | 22% | $29,080 | 120,000 | 2031 |
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.
The average 2023 Land Rover model gets 20 miles per gallon (mpg) combined highway/city or 18 city mpg and 23 highway mpg.7
Model | Combined city/highway miles per gallon | City miles per gallon | Highway miles per gallon |
---|---|---|---|
Land Rover Defender 90 | 19 | 18 | 21 |
Land Rover Discovery | 21 | 19 | 22 |
Land Rover Discovery MHEV | 22 | 19 | 25 |
Land Rover Defender 110 | 18 | 17 | 20 |
Land Rover Defender 110 MHEV | 20 | 18 | 23 |
Land Rover Defender 90 MHEV | 20 | 18 | 23 |
Land Rover Defender 90 | 16 | 15 | 19 |
Land Rover Defender 110 | 16 | 14 | 19 |
Land Rover Range Rover Evoque | 22 | 20 | 27 |
Land Rover Discovery Sport | 20 | 19 | 23 |
Land Rover Range Rover Evoque NHEV | 23 | 21 | 26 |
Land Rover New Range Rover Sport | 18 | 16 | 21 |
Land Rover Range Rover Velar | 23 | 20 | 26 |
Land Rover Range Rover Velar P340 MHEV | 22 | 20 | 26 |
Land Rover Range Rover Velar P400 MHEV | 21 | 19 | 25 |
Land Rover Range Rover Velar P360 MHEV | 21 | 18 | 26 |
Land Rover New Range Rover P400 MHEV | 21 | 18 | 26 |
Land Rover New Range Rover P400 LWB MHEV | 21 | 18 | 26 |
Land Rover New Range Rover P360 LWB MHEV | 21 | 18 | 26 |
Land Rover New Range Rover Sport P360 MHEV | 22 | 19 | 26 |
Land Rover New Range Rover Sport P400 MHEV | 21 | 18 | 26 |
Land Rover Defender 130 P300 MHEV | 19 | 17 | 21 |
Land Rover Defender 130 P400 MHEV | 19 | 17 | 21 |
Land Rover New Range Rover | 18 | 16 | 21 |
Land Rover New Range Rover LWB | 18 | 16 | 21 |
Land Rover New Range Rover | 18 | 16 | 21 |
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.
Last but not least, you may have to pay finance charges if you got a loan or lease for your vehicle.
Make sure you get one of the best new car loans with a low APR (annual percentage rate). If you already have a loan, you may be able to get a lower rate by refinancing.
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.
Yes, Range Rovers are expensive to insure. On average, insurance for all models of Range Rovers costs just over $1,915 annually, compared with the national average of $1,047, according to the National Association of Insurance Commissioners.
Yes, you can get insured on a Range Rover by following one of these options:
The cons of owning a Range Rover are high purchase prices, inflated insurance prices and repair costs, and low mileage per gallon.
2019/2020 Auto Insurance Database Report. National Association of Insurance Commissioners. (2023, Jan).
https://content.naic.org/sites/default/files/publication-aut-pb-auto-insurance-database.pdf
Your Driving Costs. AAA. (2023).
https://newsroom.aaa.com/wp-content/uploads/2022/08/2022-YDC-Costs-Break-Out-by-Category.pdf
RANGE ROVER AND RANGE ROVER SPORT AWARDED FIVE-STAR EURO NCAP SAFETY RATINGS. Land Rover Newsroom. (2022, Nov 16).
https://media.landrover.com/news/2022/11/range-rover-and-range-rover-sport-awarded-five-star-euro-ncap-safety-ratings
LATEST SAFETY RATINGS. Euro NCAP. (2023).
https://www.euroncap.com/en/ratings-rewards/latest-safety-ratings/
Land Rover Range Rover Depreciation. CarEdge. (2023).
https://caredge.com/land-rover/range-rover/depreciation
Land Rover Repair & Maintenance Costs. Repair Pal. (2023).
https://repairpal.com/land-rover
Fuel Economy of 2023 Land Rover Vehicles. U.S. Department of Energy. (2023).
https://www.fueleconomy.gov/feg/bymake/Land_Rover2023.shtml
HYBRID EVOQUE – SO WHAT IS MHEV? Land Rover. (2023).
https://www.landrover.com/landrovermagazine/hybrid-evoque-so-what-mhev